It seems to me that lots of vRS owners have enjoyed losing very little money on their cars. It was quite common to see year old cars selling for

I see them dropping like a stone shortly if I am honest.

Why has the vRS enjoyed such rock solid residuals? And what do you think the future holds?

I suspect it's due to Skoda not producing very many of them as they didn't anticipate them being a strong seller (considering the Fabia's target markets). Then when the press gave a few good reviews, demand outstripped supply, but I'd agree with you two (as I've been saying right from the outset) that now supply is outstripping demand, buyers can afford to be more choosey which will bring prices down. Also the fact that several insurance companies have black marked them will not help.

Same thing happened to the Scooby turbo when it came out, but now look at how cheap they are to pick up

Chris

Sounds good in theory, not sure in practice. I don't know why the residuals have been so strong - I reckon it's due to the dealers keeping them within the network and keeping prices high - unfortunately for used buyers I see this trend continuing - if your dealer has a 2.5 yr old at say 8K, would a private seller sell one at 3yrs for 5K? Hell no, they're going to sell for the most they can. As a result I predict perhaps a softening, but never a big drop.

Volvo used to do the same (keeping most within the dealer network) and it kept their residuals rock-solid even on very old cars.

Sounds good in theory, not sure in practice. I don't know why the residuals have been so strong - I reckon it's due to the dealers keeping them within the network

You'd think this would have happened with the Octy though if they were going to do that. I remember when they first came out they held their value well, but look at how much you've been able to pick one up for for the past few years!

Chris

Same thing happened to the Scooby turbo when it came out, but now look at how cheap they are to pick up

With or without the Ignition Barrel?

It seems to me that lots of vRS owners have enjoyed losing very little money on their cars. It was quite common to see year old cars selling for £11k' date=' for which a new one costs a few quid more. :eek: The residuals have been absolutely rock solid for some time, but for some reason I think the bubble will soon burst.

Like Rob, I can see the above scenario coming true... I think there are a handful of vRS's now out of warranty due to high miles, but as this becomes a common thing I think prices are going to start dropping really quickly.

Why has the vRS enjoyed such rock solid residuals? And what do you think the future holds?

Either way I'm not bothered, I want my car to be worth peanuts when its 4 years old and has 80-100k miles on the clock so I can buy it from the lease company and run it into the ground. I anticipate paying £2500. Any thoughts? :rubchin:[/quote']

To be honest Tom that's why I ditched mine a little over a month ago.

I was faced with either keeping the VRS and spending another £1500 or so on it over the next year for things like Leather Seats, sorting the suspension out etc... and not getting anything back on it (I knew in 2007 the residuals would be no where near what they are now for the reasons outlined in your post) or trade it in for a straight swap on an older car which had Leather Seats, sorted suspension, nice alloys, decent tuning potential and, most importantly, had done most of its depreciation.

Hence why I am the owner of an 03 reg Saab 9-3 2.0t Vector Sports Saloon (not to everyones taste I know), and I love it. Best thing is for half the price of what I was going to spend on the Fabia (i.e. £700) I'm getting it mapped to 210bhp and that will be it - because its got everything else I want from a car as standard.

Either way I'm not bothered, I want my car to be worth peanuts when its 4 years old and has 80-100k miles on the clock so I can buy it from the lease company and run it into the ground. I anticipate paying

I can see the prices droping as old model come out of warrenty and when the newier model comes out.

Am I bothered? Not really chances are I will keep this until I really need to change it (i.e. family on way etc).

Only issues I have is on the insurance front, this might change my plans if they become black listed (I know of one insurance company that has already done this)

Either way I dont see them dropping too much in price!

when I first got mine I would see very few on the road. After about a year I was seeing them all over the place sometimes I would be in traffic and see at least two or three in the line in front of me and two or three parked in the supermarket etc (not the same ones) but I knew mine had to go when my girlfriend got one and I couldent face having his and hers black and silver outside my house when she comes round. lost just over a grand in a year and 10,000miles which I thought was ok. Got a mazda 6 sport 136turbo diesel now which I must say I really like, xenons, bose sound system, cruise etc and sticks to the road like mud to shovel. gf still has hers and think she will be keeping it but I can see the prices taking a bit of a hit. there are two outside a dealer near me and they have been there for a while now. when I wanted mine i couldent get one for love nor money.

now it seems they are all over the place, well up here they are anyway.

btw I wanted an octy vrs estate but dont want petrol so it looks like I will be waiting a fair time by the looks of things

I hope my theory is correct so I can afford one within the next 4 years! Otherwise I'll be heading off in the direction of less sensible purchases. . . 944. . . ahem.

Holding it's value very well, Drives like a new one too:thumbup:

Assuming it sells for that, yes. But to be honest, who in their right mind would spend that much on a car with 90k miles when there are lower mileage ones about for similar money that aren't selling!

Chris

Last time I was in Simpsons they said the longest they'd had a used one on the forecourt was 9 days.

If the prices drop through the floor I dont care. Mine's here to stay. Cant afford anything else Plus cant think of anything else I want other than a Propper vRS

faboka vrs - I clicked on your loaf of bread and they gave me this egg thing? :confused:

How very strange.

SteVRs . . it's spreading! I've got one too! :confused:

How very silly