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Re: Rover - good time to buy?
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CarGuru > Open discussion > Re: Rover - good time to buy? 12 April 2005 01:28:19

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Re: Rover - good time to buy?

DougP 9 April 2005 12:03:34
 
"Paul" <paul02@katpawmynut­s.f9.co.uk> wrote in message
news:42570ebc$0$422­91$ed2619ec@ptn-nntp­-reader02.plus.net..­.> Is there likely to be any big discounts with all the goings on at > Longbridge do you reckon?>
Cheers> Paul>

Bound to be. But even so depreciation is likely to be extreme and with no
clearcut guarantee that parts will remain affordable / obtainable I would
stay away.


Add comment
Dave Plowman 9 April 2005 13:16:08 permanent link ]
 In article <d3828m$rcr$1@titan­.btinternet.com>,
DougP <dugx@btinternet.co­m> wrote:> Bound to be. But even so depreciation is likely to be extreme and with> no clearcut guarantee that parts will remain affordable / obtainable I> would stay away.

There was one of those RWD MGs with the Ford V-8 in Autocar the other
week. Last year registration and modest mileage. At well under 1/2 list
price. ;-(

--
*The problem with the world is that everyone is a few drinks behind *

Dave Plowman dave@davenoise.co.u­k London SW
To e-mail, change noise into sound.
Add comment
Mike G 9 April 2005 14:51:13 permanent link ]
 
"DougP" <dugx@btinternet.co­m> wrote in message
news:d3828m$rcr$1@t­itan.btinternet.com.­..>
"Paul" <paul02@katpawmynut­s.f9.co.uk> wrote in message> news:42570ebc$0$422­91$ed2619ec@ptn-nntp­-reader02.plus.net..­.> > Is there likely to be any big discounts with all the goings on at> > Longbridge do you reckon?> >
Cheers> > Paul> >
Bound to be. But even so depreciation is likely to be extreme and with no> clearcut guarantee that parts will remain affordable / obtainable I would> stay away.

Yup. I think even a heavily discounted price, will soon be offset by the
cost of keeping it on the road, once genuine spares become difficult, if not
impossible, to obtain. S/h spares in breakers yards are not likely to last
very long. Once those are gone, I don't think anyone will be interested in
making body panels and chassis parts, unless they can pick up the tooling at
favourable prices when MG/Rover finally go to the wall.
Mike.


Add comment
Johannes 9 April 2005 15:19:53 permanent link ]
 

"Dave Plowman (News)" wrote:>
In article <42570ebc$0$42291$e­d2619ec@ptn-nntp-rea­der02.plus.net>,> Paul <paul02@katpawmynut­s.f9.co.uk> wrote:> > Is there likely to be any big discounts with all the goings on at> > Longbridge do you reckon?>
Oh yes. After sales service is likely to be even more of a problem, though.> And all Rovers need plenty of that.

Not a problem if they'll do a BOGOF.
Add comment
Mad Ad 9 April 2005 15:36:20 permanent link ]
 
"Mike G" <metier@lycos.co.uk­> wrote in message
news:4257b3a6$0$884­$892e7fe2@authen.whi­te.readfreenews.net.­..>
"DougP" <dugx@btinternet.co­m> wrote in message> news:d3828m$rcr$1@t­itan.btinternet.com.­..>>
"Paul" <paul02@katpawmynut­s.f9.co.uk> wrote in message>> news:42570ebc$0$422­91$ed2619ec@ptn-nntp­-reader02.plus.net..­.>> > Is there likely to be any big discounts with all the goings on at>> > Longbridge do you reckon?>> >
Cheers>> > Paul>> >
Bound to be. But even so depreciation is likely to be extreme and with >> no>> clearcut guarantee that parts will remain affordable / obtainable I would>> stay away.>
Yup. I think even a heavily discounted price, will soon be offset by the> cost of keeping it on the road, once genuine spares become difficult, if > not> impossible, to obtain. S/h spares in breakers yards are not likely to last> very long. Once those are gone, I don't think anyone will be interested in> making body panels and chassis parts, unless they can pick up the tooling > at> favourable prices when MG/Rover finally go to the wall.> Mike.>

Agreements have already been made to ensure parts supply for 10 years. No
different from any other make/model.

Ad


Add comment
Uno Hoo! 9 April 2005 21:20:27 permanent link ]
 
"Dave Plowman (News)" <dave@davenoise.co.­uk> wrote in message
news:4d589eaf19dave­@davenoise.co.uk...>­ In article <42570ebc$0$42291$e­d2619ec@ptn-nntp-rea­der02.plus.net>,> Paul <paul02@katpawmynut­s.f9.co.uk> wrote:>> Is there likely to be any big discounts with all the goings on at>> Longbridge do you reckon?>
Oh yes. After sales service is likely to be even more of a problem, > though.> And all Rovers need plenty of that.

My dealer has told me that as they are part of a large (financially sound)
national concern they will still be around come what may. They also state
that as I bought my 75 from them they will continue to honour my warranty.
They also state that parts will not be a problem because they are sourced
from an independent company (Caterpillar?) who will continue to supply so
long as there is demand. My 75 Tourer is now almost twelve months old and
has required no warranty attention other than a few minor adjustments in the
first month. I am very satisfied with my car and as I intend to hang onto it
for many years I have no undue worries about residual values. My dealer is
now offering new 75's (top of the range) for about £12,995. I would consider
them to be an excellent buy.

Kev


Add comment
Uno Hoo! 9 April 2005 21:22:09 permanent link ]
 
"Mike G" <metier@lycos.co.uk­> wrote in message
news:4257b3a6$0$884­$892e7fe2@authen.whi­te.readfreenews.net.­..>
"DougP" <dugx@btinternet.co­m> wrote in message> news:d3828m$rcr$1@t­itan.btinternet.com.­..>>
"Paul" <paul02@katpawmynut­s.f9.co.uk> wrote in message>> news:42570ebc$0$422­91$ed2619ec@ptn-nntp­-reader02.plus.net..­.>> > Is there likely to be any big discounts with all the goings on at>> > Longbridge do you reckon?>> >
Cheers>> > Paul>> >
Bound to be. But even so depreciation is likely to be extreme and with >> no>> clearcut guarantee that parts will remain affordable / obtainable I would>> stay away.>
Yup. I think even a heavily discounted price, will soon be offset by the> cost of keeping it on the road, once genuine spares become difficult, if > not> impossible, to obtain. S/h spares in breakers yards are not likely to last> very long. Once those are gone, I don't think anyone will be interested in> making body panels and chassis parts, unless they can pick up the tooling > at> favourable prices when MG/Rover finally go to the wall.> Mike.

Parts suppliers will continue to supply so long as there is demand. There
are plenty of Rovers on the roads and I do not foresee any problems
obtaining parts for many years to come.

Kev


Add comment
Uno Hoo! 9 April 2005 21:22:32 permanent link ]
 
"Mad Ad" <gobbleDgook@invali­dinvalid.com> wrote in message
news:U6P5e.17487$vv­2.6225@newsfe2-gui.n­tli.net...>
"Mike G" <metier@lycos.co.uk­> wrote in message > news:4257b3a6$0$884­$892e7fe2@authen.whi­te.readfreenews.net.­..>>
"DougP" <dugx@btinternet.co­m> wrote in message>> news:d3828m$rcr$1@t­itan.btinternet.com.­..>>>
"Paul" <paul02@katpawmynut­s.f9.co.uk> wrote in message>>> news:42570ebc$0$422­91$ed2619ec@ptn-nntp­-reader02.plus.net..­.>>> > Is there likely to be any big discounts with all the goings on at>>> > Longbridge do you reckon?>>> >
Cheers>>> > Paul>>> >
Bound to be. But even so depreciation is likely to be extreme and with >>> no>>> clearcut guarantee that parts will remain affordable / obtainable I >>> would>>> stay away.>>
Yup. I think even a heavily discounted price, will soon be offset by the>> cost of keeping it on the road, once genuine spares become difficult, if >> not>> impossible, to obtain. S/h spares in breakers yards are not likely to >> last>> very long. Once those are gone, I don't think anyone will be interested >> in>> making body panels and chassis parts, unless they can pick up the tooling >> at>> favourable prices when MG/Rover finally go to the wall.>> Mike.>>
Agreements have already been made to ensure parts supply for 10 years. No > different from any other make/model.

Absolutely!

Kev


Add comment
Paul Giverin 9 April 2005 21:31:42 permanent link ]
 In message <d392vu$7il$1@newsg­3.svr.pol.co.uk>, Uno Hoo!
<kev@dropthisbigfoo­t.com> writes>
Parts suppliers will continue to supply so long as there is demand. There>are plenty of Rovers on the roads and I do not foresee any problems>obtaining parts for many years to come.>
But wasn't there problems with spares supply before the collapse?

--
Paul Giverin

British Jet Engine Website http://www.britjet.­co.uk
Add comment
RichardK 9 April 2005 21:49:48 permanent link ]
 Paul Giverin wrote:> In message <d392vu$7il$1@newsg­3.svr.pol.co.uk>, Uno Hoo! > <kev@dropthisbigfoo­t.com> writes>
Parts suppliers will continue to supply so long as there is demand. There>> are plenty of Rovers on the roads and I do not foresee any problems>> obtaining parts for many years to come.>>
But wasn't there problems with spares supply before the collapse?>
Only when Caterpillar first took over.

Richard

--
RichardK - 1980s in a can. http://www.dmc12.de­mon.co.uk/music/
Retro computing - http://www.dmc12.de­mon.co.uk/retrotech/­
Cars - 2004 Beetle Cabrio, 1989 Supra 3.0i, 1990 Sera
MidiGuitar, Enterprise 128, AU/X. Apple 77-04. See links ;)
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Adrian 9 April 2005 21:53:55 permanent link ]
 Uno Hoo! (kev@dropthisbigfoo­t.com) gurgled happily, sounding much like
they were saying :
My dealer is now offering new 75's (top of the range) for about £12,995. > I would consider them to be an excellent buy.

Got to admit, I agree with you.

There's FAR worse buys about than a new 75 at the mo.
<Idly wonders about a Rover-badged v8...>
Add comment
DougP 9 April 2005 23:22:55 permanent link ]
 
"Uno Hoo!" <kev@dropthisbigfoo­t.com> wrote in message
news:d392vu$7il$1@n­ewsg3.svr.pol.co.uk.­..>
"Mike G" <metier@lycos.co.uk­> wrote in message > news:4257b3a6$0$884­$892e7fe2@authen.whi­te.readfreenews.net.­..>>
"DougP" <dugx@btinternet.co­m> wrote in message>> news:d3828m$rcr$1@t­itan.btinternet.com.­..>>>
"Paul" <paul02@katpawmynut­s.f9.co.uk> wrote in message>>> news:42570ebc$0$422­91$ed2619ec@ptn-nntp­-reader02.plus.net..­.>>> > Is there likely to be any big discounts with all the goings on at>>> > Longbridge do you reckon?>>> >
Cheers>>> > Paul>>> >
Bound to be. But even so depreciation is likely to be extreme and with >>> no>>> clearcut guarantee that parts will remain affordable / obtainable I >>> would>>> stay away.>>
Yup. I think even a heavily discounted price, will soon be offset by the>> cost of keeping it on the road, once genuine spares become difficult, if >> not>> impossible, to obtain. S/h spares in breakers yards are not likely to >> last>> very long. Once those are gone, I don't think anyone will be interested >> in>> making body panels and chassis parts, unless they can pick up the tooling >> at>> favourable prices when MG/Rover finally go to the wall.>> Mike.>
Parts suppliers will continue to supply so long as there is demand. There > are plenty of Rovers on the roads and I do not foresee any problems > obtaining parts for many years to come.>

Many spares have been problematic for years haven't they. Theres been a few
appearances on Watchdog relating to cars sitting in garages waiting for the
spares to turn up.

I suppose the parts suppliers will be able to keep up with demand when the
factory isn't buying up all the supply.



Add comment
Dave Plowman 10 April 2005 14:41:32 permanent link ]
 In article <d392sn$8ea$1@news8­.svr.pol.co.uk>,
Uno Hoo! <kev@dropthisbigfoo­t.com> wrote:> > Oh yes. After sales service is likely to be even more of a problem, > > though.> > And all Rovers need plenty of that.
My dealer has told me that as they are part of a large (financially> sound) national concern they will still be around come what may. They> also state that as I bought my 75 from them they will continue to> honour my warranty. They also state that parts will not be a problem> because they are sourced from an independent company (Caterpillar?) who> will continue to supply so long as there is demand. My 75 Tourer is now> almost twelve months old and has required no warranty attention other> than a few minor adjustments in the first month. I am very satisfied> with my car and as I intend to hang onto it for many years I have no> undue worries about residual values. My dealer is now offering new 75's> (top of the range) for about £12,995. I would consider them to be an> excellent buy.

There have been plenty of reports about problems with some spare parts
supply for some models for some years.

Of course the fast moving service parts should be ok.

--
*A picture may be worth a thousand words, but it uses up a thousand times more memory.

Dave Plowman dave@davenoise.co.u­k London SW
To e-mail, change noise into sound.
Add comment
Dave Plowman 10 April 2005 14:43:40 permanent link ]
 In article <Xns9633C03FFED69ad­rianachapmanfreeis@2­04.153.244.170>,
Adrian <toomany2cvs@gmail.­com> wrote:> There's FAR worse buys about than a new 75 at the mo.> <Idly wonders about a Rover-badged v8...>

One in Autocar the other week at just a year old and modest mileage at
under half list price. Doesn't bode well for residuals further down the
line until at banger prices.

--
*Make it idiot-proof and someone will make a better idiot.

Dave Plowman dave@davenoise.co.u­k London SW
To e-mail, change noise into sound.
Add comment
Uno Hoo! 10 April 2005 15:00:33 permanent link ]
 
"Dave Plowman (News)" <dave@davenoise.co.­uk> wrote in message
news:4d595e87fedave­@davenoise.co.uk...>­ In article <d392sn$8ea$1@news8­.svr.pol.co.uk>,> Uno Hoo! <kev@dropthisbigfoo­t.com> wrote:>> > Oh yes. After sales service is likely to be even more of a problem,>> > though.>> > And all Rovers need plenty of that.>
My dealer has told me that as they are part of a large (financially>> sound) national concern they will still be around come what may. They>> also state that as I bought my 75 from them they will continue to>> honour my warranty. They also state that parts will not be a problem>> because they are sourced from an independent company (Caterpillar?) who>> will continue to supply so long as there is demand. My 75 Tourer is now>> almost twelve months old and has required no warranty attention other>> than a few minor adjustments in the first month. I am very satisfied>> with my car and as I intend to hang onto it for many years I have no>> undue worries about residual values. My dealer is now offering new 75's>> (top of the range) for about £12,995. I would consider them to be an>> excellent buy.>
There have been plenty of reports about problems with some spare parts> supply for some models for some years.>
Of course the fast moving service parts should be ok.

I think there were some problems when Caterpillar took over after-sales
parts supply and there may have been some problems associated with Rover's
ability to pay for parts required under warranty. I don't think that the
situation will be any different from when a particular model of car ceases
production - spares and body panels remain available for years afterwards.
The RMT has stated that MGRover warranties will be honoured and spares will
remain available for at least 10 years.

Kev


Add comment
AstraVanMan 10 April 2005 15:00:59 permanent link ]
 
There's FAR worse buys about than a new 75 at the mo.> > <Idly wonders about a Rover-badged v8...>>
One in Autocar the other week at just a year old and modest mileage at> under half list price. Doesn't bode well for residuals further down the> line until at banger prices.

True, but what's the average % discount given on the list price to people
buying them new? A fair bit I'd imagine.

--
Peter

"A field event exists that is vaguely similar to throwing a frisby.
Discus."
Get Circumcised to e-mail me


Add comment
RichardK 10 April 2005 16:15:54 permanent link ]
 AstraVanMan wrote:>>>There's FAR worse buys about than a new 75 at the mo.>>><Idly wonders about a Rover-badged v8...>>>
One in Autocar the other week at just a year old and modest mileage at>>under half list price. Doesn't bode well for residuals further down the>>line until at banger prices.>
True, but what's the average % discount given on the list price to people> buying them new? A fair bit I'd imagine.>
Nope. And the residuals blow goats.

£30,000 BMW contract hire is about £250 a month for 5-series, for
example, £299 for others, £400 if you have something silly.

£30,000 MG ZT-T 260? That will be £650 of your English pounds per month,
sir. Or, enough to contract hire a Porsche 911, a Boxster /and/ a
Vectra, a low-spec S-class - etc.

I'd love a ZT-T 260. It is the car that has been designed for me,
specifically; actually the Rover V8 Tourer is the one they designer for
me as it has the auto.

Sad thing is, I'd have a Streetwise for nipping to the shops, too.

Seriously - people change their cars after three years in most cases;
you cannot write off a product line as a failure until it has been on
the market for that long. If everyone who bought a car in 2004, and now
wants a Zt 260 but will have to wait until 2007 to change their car
could register a desire for it at the time, then perhaps you could deem
it a flop.

I doubt there will be many Rover V8s on the market used, either, so I
will never own one.

Richard

--
RichardK - 1980s in a can. http://www.dmc12.de­mon.co.uk/music/
Retro computing - http://www.dmc12.de­mon.co.uk/retrotech/­
Cars - 2004 Beetle Cabrio, 1989 Supra 3.0i, 1990 Sera
MidiGuitar, Enterprise 128, AU/X. Apple 77-04. See links ;)
Add comment
Chris Bolus 11 April 2005 22:24:22 permanent link ]
 On Sat, 9 Apr 2005 11:51:13 +0100, "Mike G" <metier@lycos.co.uk­> wrote:
"DougP" <dugx@btinternet.co­m> wrote in message>news:d3828m­$rcr$1@titan.btinter­net.com...>>
"Paul" <paul02@katpawmynut­s.f9.co.uk> wrote in message>> news:42570ebc$0$422­91$ed2619ec@ptn-nntp­-reader02.plus.net..­.>> > Is there likely to be any big discounts with all the goings on at>> > Longbridge do you reckon?>> >
Cheers>> > Paul>> >
Bound to be. But even so depreciation is likely to be extreme and with no>> clearcut guarantee that parts will remain affordable / obtainable I would>> stay away.>
Yup. I think even a heavily discounted price, will soon be offset by the>cost of keeping it on the road, once genuine spares become difficult, if not>impossible, to obtain. S/h spares in breakers yards are not likely to last>very long. Once those are gone, I don't think anyone will be interested in>making body panels and chassis parts, unless they can pick up the tooling at>favourable prices when MG/Rover finally go to the wall.>Mike.>
Why? There are a number of after-market panel makers (eg Hadrian) whose
business is just that. If I can still get new body panels for most of my
35-40 yr-old classic cars - and they're nothing exotic - why should it
be difficult to get them for modern cars, even if the manufacturer has
gone to the wall? The same for mechanical parts. IME the only thing that
becomes difficult to get is trim.
--
Regards, Chris (Please take out my car to reply by email)
----1961 Austin A40 Farina----1966 Triumph Herald Estate---
---1967 Riley Elf---1965 Hillman Minx---1969 Morris Minor--
-1972 Mini Clubman estate--1957 Standard 8--1979 Ford Capri
********** Please don't email in HTML! **********
Add comment
Uno Hoo! 12 April 2005 01:28:19 permanent link ]
 
"Chris Bolus" <chris@FARINAb0lus.­com> wrote in message
news:4vfl51hbvotbdf­jd3rmnon355ccvuk333i­@4ax.com...> On Sat, 9 Apr 2005 11:51:13 +0100, "Mike G" <metier@lycos.co.uk­> wrote:>
"DougP" <dugx@btinternet.co­m> wrote in message>>news:d3828­m$rcr$1@titan.btinte­rnet.com...>>>
"Paul" <paul02@katpawmynut­s.f9.co.uk> wrote in message>>> news:42570ebc$0$422­91$ed2619ec@ptn-nntp­-reader02.plus.net..­.>>> > Is there likely to be any big discounts with all the goings on at>>> > Longbridge do you reckon?>>> >
Cheers>>> > Paul>>> >
Bound to be. But even so depreciation is likely to be extreme and with >>> no>>> clearcut guarantee that parts will remain affordable / obtainable I >>> would>>> stay away.>>
Yup. I think even a heavily discounted price, will soon be offset by the>>cost of keeping it on the road, once genuine spares become difficult, if >>not>>impossible, to obtain. S/h spares in breakers yards are not likely to last>>very long. Once those are gone, I don't think anyone will be interested in>>making body panels and chassis parts, unless they can pick up the tooling >>at>>favourable prices when MG/Rover finally go to the wall.>>Mike.>>
Why? There are a number of after-market panel makers (eg Hadrian) whose> business is just that. If I can still get new body panels for most of my> 35-40 yr-old classic cars - and they're nothing exotic - why should it> be difficult to get them for modern cars, even if the manufacturer has> gone to the wall? The same for mechanical parts. IME the only thing that> becomes difficult to get is trim.

Exactly right - there is a load of cobblers being talked about the problems
for Rover owners when the firm goes toes up. The parts manufacturers will
continue to supply so long as there is demand - and there are many thousands
of Rovers on the road worldwide. If you can still get parts for Mk 1
Escorts - why shouldn't you be able to obtain parts for recent Rovers?

Kev


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CarGuru > Open discussion > Re: Rover - good time to buy? 12 April 2005 01:28:19

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