Your Bangernomics successes

GunJack

ididgetwhereiamtoday said:

Anything under 3K is now easily bangernomics I reckon. Probably higher than that in reality.

Nah, that's deffo too much....according to the BoE calculator, £1k in 2012 is worth £1448.10 today, so maybe that's a better staring point??  

Herzlos

I think you'd struggle to get anything under £1448 today that would pass an MOT. 

£3k does seem high though but not outlandish. 

ididgetwhereiamtoday

GunJack said:

ididgetwhereiamtoday said:

Anything under 3K is now easily bangernomics I reckon. Probably higher than that in reality.

Nah, that's deffo too much....according to the BoE calculator, £1k in 2012 is worth £1448.10 today, so maybe that's a better staring point??  

Inflation has been horrendous, especially in the used car world. I know £3k is a lot of money but it doesnt really get you much nowadays and with the tech that's in them, I'd worry about extremely big bills to do with electrics, sensors and infotainment systems.
I have a newish car and thankfully has a manufacturer warranty, when that runs out I would be quite nervous as one potential bill could write the car off.

Ditzy_Mitzy

Herzlos said:

I think you'd struggle to get anything under £1448 today that would pass an MOT. 

£3k does seem high though but not outlandish. 

I don't know.  My car's passed loads of MOTs and it cost £0.00.  Sometimes it's who you know, though...

Herzlos

Sure there's outliers and lucky finds. I was thinking in terms of Autotrader, Facebook, etc without any special connections.