Complete beginner looking for help!

[DC5Noob]

I think condition will be the most important thing to me when I look now, however I am slightly worries about resale if I buy at 100K and then keep it for 3 Years and then try and sell at 125K+, I imagine I'm going to struggle to sell it and will probably loose loads of money on it?

 

[DC5Noob]

I just hope I have asked enough questions to have the sense to sniff the bad ones out! 😋

 

[muffinman]

When i was originally going to get a dc5 about 7-8 years ago they were still selling at the same kind of money as they are now, so if anything prices will only increase for the tidy ones regardless of mileage

 

[spooke]

I think condition will be the most important thing to me when I look now, however I am slightly worries about resale if I buy at 100K and then keep it for 3 Years and then try and sell at 125K+, I imagine I'm going to struggle to sell it and will probably loose loads of money on it?

You're not gonna lose more than if you bought a Corsa or something equivalently crap

As above, prices are holding strong. Definitely hold out for the one you want, generally though these cars are going to have their minor imperfections - as long as it has a solid engine and no rust it's all fixable.

 

[DC5Noob]

haha, i would definitley rather loose money on a DC5 than a bloody corsa!

Ok, interesting to know you guys think that!

Im gunna bag myself one in good condition and good engine and just look after it like a baby!

 

[Darren4]

Looks like the newly imported on is right on your doorstep, cracking result and defo worth you going to view

 

[DC5Noob]

Yeah!

Gunna go check it out!

😁

 

[Darren4]

http://www.itr-dc5.club/forum/index.php?/topic/44432-2003-cw-dc5-with-c-pack/#entry443272

 

[integraleo]

Bought mine with 78k on it 5 year's ago for 7000. In today's market with 129k on it if it was still standard in the condition it was it was still worth 5500 all day long. I wouldn't say that was a big loss. Sold my dc2 2000 spec rx around 6 years ago for 6000....seen it come up for sale last year for 5500. Tegs hold their money reeeaaallllyyy well,never fear depreciation on this type of car

 

[p1tse]

Yeah!

Gunna go check it out!

😁

Let us know what you think, but local standard one, near budget, near fresh import sounds like a good combo for you.

However as a new driver, it may not be the easiest car to drive to avoid kerbs on wheels and front lip; so need to think ahead more on speed bumps, tight areas like multi storey car parks, sharper banks etc.

 

[DC5Noob]

Thanks for the tips!

I've been trying to drive ultra cautiously these last few days to try and prepare myself for it!

I just need to take it slow for a while lol

And thanks for the reply on the depreciation, I wasn't to worries but had a lot of people tell me I was foolish, but im glad you guys think they'll hold relatively well!

 

[Darren4]

You going to view the car this weekend?

 

[p1tse]

The people who are foolish I would imagine drive an average joe car

These are enthusiast cars so condition and history will always win people over

Take a ford focus at 2002 same age, then yes these have hit bottom prices, sub £1k and you can probably pick up a 2.0 Zetec.

But check the bottom prices of dc5, at the same age range and probably cost the similar new to a focus, then bottom prices for these are at £6k. May see some at £5k but are ropey or need a bit of tlc. Some even many more miles could still be at £8-9k due to the history and condition in my eyes

 

[DC5Noob]

Yeah the history is what I'm wanting to see!

I viewed 2 yesterday and it was very interesting!

The first one was pretty awefull sadly, poor condition, slight rust under arches, clearly been sat up a while, no service history, clock showed 151k with no proof of km - mph, and there is no proof of when it was imported, so a giant no on that one!

Second one I viewed, well, I have fallen in love!

A Japanese history the size of a book, and full UK service history since it was imported in April 14,

Got taken out for a test drive and she goes beautifully, no knocks, no blue smoke, just a lovely vtec symphony!

Very clean inside, all peripherals working, full c pack with push button start and no mods, which is exactly what I wanted!

Body work is stunning for a car from 03, no rust anywhere including engine bay and spare wheel holder, and even still got the import stickers, which is a touch I quite liked.

All in all pretty much spot on!

Now all I have to do is convince the misses I can afford it! Haha

With any luck I will be driving it back next weekend!

If not I have learnt exactly what I want, anything below the standard of this one would be disappointing now!

 

[BAD3GG]

Yeah the history is what I'm wanting to see!

I viewed 2 yesterday and it was very interesting!

The first one was pretty awefull sadly, poor condition, slight rust under arches, clearly been sat up a while, no service history, clock showed 151k with no proof of km - mph, and there is no proof of when it was imported, so a giant no on that one!

Second one I viewed, well, I have fallen in love!

A Japanese history the size of a book, and full UK service history since it was imported in April 14,

Got taken out for a test drive and she goes beautifully, no knocks, no blue smoke, just a lovely vtec symphony!

Very clean inside, all peripherals working, full c pack with push button start and no mods, which is exactly what I wanted!

Body work is stunning for a car from 03, no rust anywhere including engine bay and spare wheel holder, and even still got the import stickers, which is a touch I quite liked.

All in all pretty much spot on!

Now all I have to do is convince the misses I can afford it! Haha

With any luck I will be driving it back next weekend!

If not I have learnt exactly what I want, anything below the standard of this one would be disappointing now!

Sounds good mate, get it bought, convince the Mrs later

Sent from my ONE E1003 using Tapatalk

 

[DC5Noob]

It's been a long conversation, but......


I'm in!

I cannot wait!

Looks like I'll be a very happy man come this time next week!

😁😁😁😁

Once again, thanks to everyone for there help and advice!

I will post some pics up when I've got her! Just gotta think of a name now!

 

[Darren4]

Great news, glad you managed to find one... It's gonna be a long week for you know lol

 

[p1tse]

Congrats

Is that the one off the forum?

 

[DC5Noob]

It already is a long week! Haha

It is the one off the forum!

I'm gunna go check it out again tommorow and then if I'm happy, (which I'm sure I will be) just need to be sure! Then she's mine!

Will have to wait for the weekend tho!