Values Falling?

[Grey One]

Hi Guys - just going on Autotrader I was surprised to see the number of sub GBP20K ISFs on there, including a 2010 model for GBP17K with 80k on the clock. Are we about to see values drop to GBP10K in the next year? I was hoping given the limited numbers on the road the ISF was going to hold its value quite well.

Any thoughts?

Cheers

[MrW]

The only IS-F on Auto trader at circa 17K is a 2008 with 80K, think you must be mistaken. Still think they are holding up well. Don't think we'll see any at under 10K for quite a while yet.

http://www.autotrader.co.uk/classified/advert/201307017571379/sort/default/usedcars/engine-size-cars/5lplus/fuel-type/petrol/model/is/make/lexus/onesearchad/used/onesearchad/nearlynew/onesearchad/new/keywords/F/radius/1500/page/1/postcode/tf28ta?logcode=p

[stevet]

Just valued mine on webuyanycar £12k LOL

[ColinBarber]

Just valued mine on webuyanycar £12k LOL

I'll take it off your hands for £13k ;)

[Dave McDave]

Just valued mine on webuyanycar too & came in at £21,760..............

[Mouser]

WBAC values are very age sensitive. It's amazing in general how different the age-value relationship is on this side of the Atlantic compared to the US, but silly services like WBAC take it to another level entirely.

[ColinBarber]

Just valued mine on webuyanycar too & came in at £21,760..............

obviously if you were to go ahead they would find enough reasons to lower that valuation by 10% upon inspection. Really don't understand why anybody would sell a car to that company.

[MrW]

^Desperate people.

[stevet]

^Desperate people.

Spot on. And there are a lot around at the moment. Same reason loan companies charging 5000% are also doing rather well.