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Broken Gasoline Market: Why You Can't Buy a 150 CV Used Car Under 10k
A buyer offers 10,000 euros for a 150 CV gasoline car from 2003, but finds no stock. The market is frozen: sellers hold onto older vehicles, leaving buyers with no decent options.
Why you can't find a 150 CV gasoline car for less than 10,000 euros
There is a buyer with cash ready but no car to buy. He is looking for a gasoline car registered after 2003, with at least 150 CV and under 200,000 kilometers. He is willing to pay 10,000 euros and accepts he may need bodywork: he only demands a reliable engine. He has spent months without finding a decent unit, so he drives family and bus vehicles in the meantime.
His diagnosis is repeated in most discussions: the problem is not price, it is supply. They are not selling expensive: no one is selling. When something appears, it is often so worn that it is not worth it. His backup plan is to gamble on a unit with 250,000 kilometers and hope it does not break down.
Cars from 2003 to 2010 have become assets that owners won't let go of
The most repeated explanation points to the product itself. "People have realized that cars from 2000-2010 are generally quite robust and lack the complex electronics of modern models." Less mechatronics means fewer expensive repairs and a perceived longer lifespan than a newly registered model.
This is compounded by the price of new cars: current models are estimated between 20,000 and 30,000 euros, which many consider less durable, making keeping your own car free. The fleet ages by owner decision. The comparison with Cuba arises: those who mention it argue these units will be worth even more, not less.
Diesel yes, gasoline no: the market has split in two
According to fuel type, things change. There is more movement in diesel, and some consider it a good buy in models before 2006. The buyer in question rejects this: he drives few kilometers, wants a car with good sound, and eyes the future regulatory status of the technology.
The clash of arguments is served. Some argue a diesel engine lasts longer because it runs at lower revolutions and has longer gear ratios; others respond with gasoline cars exceeding 400,000 kilometers without issues, noting there are also diesels that break down. No one changes their position.
How many kilometers does a used gasoline car last?
More than the market suggests. Cases discussed range from a 2006 naturally aspirated Audi A3 with 308,000 kilometers to a Corolla 1.6 with 600,000, including a 2006 Prius with 425,000 that has not been to the workshop in nearly three years. Gasoline sedans with 800,000 kilometers and a Mazda 6 with 400,000, full of dents but with a quiet engine, are also cited.
On the other side, diesel proponents cite a 2007 Golf 1.9 TDI with 247,000 kilometers, which the dealership itself recommended keeping, and several Kadett and R21 models over 300,000. The prevailing conclusion: maintenance matters more than the chosen fuel.
The ad that won't sell and the trade-in that calls
The market has a second problem: intermediaries. "Now anyone posting an ad for a halfway interesting car receives a call from a dealer offering to buy it for slightly less than the private sale price," it is stated in the discussion. Afterward, these cars reappear adding several thousand euros, sometimes without inspection.
For the buyer, the alternative is to protect himself: check mileage with tools like CARFAX, demand invoices for replaced parts, and distrust both private sellers and dealers. His summary is that the market is broken on both sides: neither selling nor buying, except for sporadic bargains. Some units have been advertised for over six months without being touched.
Meanwhile, a forum user offers his 2008 Mercedes S 350 with 160,000 kilometers, one owner, and proven reliability, and a nearly 25-year-old car with over 300,000 kilometers is advertised for 8,000 euros. With these premises, the price of used gasoline cars is not going to drop by magic.
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication.
Read the full discussion (269 replies).
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