3008 (2017) Peugeot - RESALE - Peugeot Forums
Peugeot Forums - Peueot - Citroen Community
Home :: Peugeot Forums :: Rules :: Articles :: About Us :: Partner Vendors :: Advertise


Go Back   Peugeot Forums > Peugeot Models > 3008 > 3008 (2017+)
PeugeotForums.com is the premier Peugeot All Forum on the internet. Registered Users do not see the above ads.
Like Tree7Likes

Reply
 
LinkBack Thread Tools Display Modes
Old 17-05-17, 03:05 AM   #1
Senior Member
 
Nagaman's Avatar
 
Join Date: Jan 2015
Location: Central Victoria
Posts: 539
Thumbs up 3008 (2017) Peugeot - RESALE

I'm starting to think that, for us private buyers, there is a significant chance that there will be sufficient demand for them, as second hand purchases, that for once(?) we won't get burnt.
Whatcha think?.
__________________
Dave -
308 1.2 6A Rioja/Ruby Red - av 60mpg
Nagaman is online now   Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Old 17-05-17, 05:24 AM   #2
Moderator
 
storeman's Avatar
 
Join Date: Jan 2013
Location: Oldham, UK
Posts: 5,573
Default

Not much of a chance I would think. Everything revolves around the book price of the car and that is still going to depreciate the value using whatever formula they already use.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
storeman is online now   Reply With Quote Quick reply to this message
Old 17-05-17, 05:27 AM   #3
Senior Member
 
Nagaman's Avatar
 
Join Date: Jan 2015
Location: Central Victoria
Posts: 539
Default

To me it's a basic supply v demand question.
How many second hand Peugeots have been heavily sought after ?.
__________________
Dave -
308 1.2 6A Rioja/Ruby Red - av 60mpg
Nagaman is online now   Reply With Quote Quick reply to this message
 
Old 17-05-17, 05:45 AM   #4
Super Moderator
 
Beau's Avatar
 
Join Date: Feb 2017
Location: Cardiff
Posts: 343
Default

The way they are currently selling them they'll be as common as the Astra so not holding out much hope for a good resale value as it would be a buyers market.
__________________
3008 GT Line 1.2 Auto Nimbus Grey
Beau is offline   Reply With Quote Quick reply to this message
Old 17-05-17, 06:23 AM   #5
Member
 
Join Date: Apr 2017
Location: East Sussex
Posts: 82
Default

Used car values/depreciation is in the lap of the gods. Drive your new car away from the dealer and it's value can deprecate by anything up to 50% and it's influenced by supply and demand. At present the 3008 is in high demand and slow supply but what happens over the next 3 years is going to affect the residual values. The supply of 3 year old 3008's in 2020 is going to be plentiful as contracts expire and Peugeot has never been an ultra desirable marque. Other manufacturers are going to follow and build high tech SUVs which will impact on the used market but what is important is how the 3008 performs over the next 3 years and how the new car price increases. Manufacturer recalls and improvements, have a dramatic effect on car values as do car forums and motoring press comments. Glass's Guide, organisations like We Buy Any Car .com and Parkers virtually control the used markets and who knows how Brexit will influence matters? My guess is I expect my car to be worth 40 - 50% of the price paid new but not holding my breath. A better measure is the residual value being placed on rental contracts and mileage excesses, because there is no way these companies are going to be out of pocket at contract end,
noddy-hol likes this.
Bobbyj is offline   Reply With Quote Quick reply to this message
Old 17-05-17, 06:26 AM   #6
Senior Member
 
Nagaman's Avatar
 
Join Date: Jan 2015
Location: Central Victoria
Posts: 539
Default

Our annual unit sales are a bit over 1M but PSA product sales are under 3K ! so it might be a bit different here.
__________________
Dave -
308 1.2 6A Rioja/Ruby Red - av 60mpg
Nagaman is online now   Reply With Quote Quick reply to this message
Old 17-05-17, 06:34 AM   #7
Senior Member
 
summerjunk's Avatar
 
Join Date: Feb 2017
Posts: 181
Default

Qashqai has been in the top 3 UK sales table since introduction, they're everywhere! I still got over the book price when I sold it.

3008 1.2 GT Line Pearl White
summerjunk is online now   Reply With Quote Quick reply to this message
Old 17-05-17, 07:43 AM   #8
Senior Member
 
Nagaman's Avatar
 
Join Date: Jan 2015
Location: Central Victoria
Posts: 539
Default

Quote:
Originally Posted by summerjunk View Post
Qashqai has been in the top 3 UK sales table since introduction, they're everywhere! I still got over the book price when I sold it.

3008 1.2 GT Line Pearl White
That's what I'm hoping for this Peugeot which has never sold in big numbers before and hopefully becomes a breakout model.
__________________
Dave -
308 1.2 6A Rioja/Ruby Red - av 60mpg
Nagaman is online now   Reply With Quote Quick reply to this message
Old 17-05-17, 08:01 AM   #9
Moderator
 
storeman's Avatar
 
Join Date: Jan 2013
Location: Oldham, UK
Posts: 5,573
Default

Quote:
Originally Posted by summerjunk View Post
Qashqai has been in the top 3 UK sales table since introduction, they're everywhere! I still got over the book price when I sold it.

3008 1.2 GT Line Pearl White
That just confirms my original statement that it all revolves around the book price. The book price is a guide for the trade and prices on individual models can be higher or lower dependent on condition, mileage etc.

Selling to a car dealer will usually mean a lower value than the book price whilst buying from a car dealer will more often than not attract a higher price tag than the book price. As the general public don't have easy access to the Glass's guides or Parkers (webuyanycar are not a good example as their quotes are well below the going rate) they aren't really in a position to know if a price is fair or not beyond comparing it with others cars of similar spec, age & condition. Yes you can get more than the book price but when the used car sale price is set too high, regardless of how popular the car may be, people will walk away if they can get a similar perceived more attractive marque at the same or even lower price.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
storeman is online now   Reply With Quote Quick reply to this message
Old 17-05-17, 08:04 AM   #10
Senior Member
 
Nagaman's Avatar
 
Join Date: Jan 2015
Location: Central Victoria
Posts: 539
Default

The big killer is that cars are simply white goods now.
So much choice and constant change.
__________________
Dave -
308 1.2 6A Rioja/Ruby Red - av 60mpg
Nagaman is online now   Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Peugeot Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 11:42 PM.



Powered by vBulletin® Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.