I BOUGHT A CHEAP VAUXHALL VECTRA ESTATE FOR £1,200!

High Peak Autos
29 Jan 202419:51

Summary

TLDRThe video follows a used car dealer inspecting and detailing a 2007 Vauxhall Vectra estate he purchased for £1200. Despite initial doubts on the price, research shows it's worth over £2000. After replacing the windscreen and detailing the exterior, the dealer has spent nearly £1000 more than purchase price but believes he can sell the now attractive, low mileage car for £3295. The video provides an inside look at the work and decision making involved in buying, improving and reselling used cars for profit.

Takeaways

  • 😀 The video is about a used 2007 Vauxhall Vectra the narrator bought and fixed up to try and make a profit on
  • 😊 The narrator initially thought the £1200 purchase price was too high for a 2007 Vectra
  • 🤔 After inspecting the car, the narrator decided it was in good shape and could be profitable after some work
  • 👷 The car needed some repairs like new tires, brake pads, a windscreen and rust repair
  • 💵 The total cost of purchase and repairs came to around £2200
  • 🚗 The narrator cleaned and detailed the car to make it look its best before selling
  • 🚘 The car is now advertised for £3295 as a well cared for automatic estate
  • 🤑 The narrator hopes the repairs and detailing will allow them to make a good profit on the car
  • 😕 The narrator admits they have overspent so far this year, despite intentions not to
  • 👍 The video gives an inside look at the used car flipping business and process

Q & A

  • What kind of car is the narrator buying?

    -The narrator is buying a 2007 Vauxhall Vectra estate.

  • How much did the narrator pay for the Vectra initially?

    -The narrator initially paid £1,200 for the Vectra estate.

  • What issues did the Vectra have when purchased?

    -When purchased, the Vectra had a water leak, some rust on the rear wheel arch, and needed new front brake discs, pads, and a seized caliper fixed.

  • What repairs and improvements were made to the Vectra?

    -Repairs and improvements made were: new windscreen, rear wheel arch rust removed and repainted, full exterior buff and polish, headlamps buffed, full valet.

  • How much did the narrator spend in total on the Vectra?

    -The total spent on the Vectra was £2,199.70 including purchase price, repairs, improvements, and valeting.

  • What is the narrator's asking price for the refurbished Vectra?

    -The asking price for the refurbished Vectra is £3,295.

  • Why does the narrator think the Vectra is worth the higher asking price?

    -The narrator believes the higher price is justified by the Vectra's low mileage, practical estate body style, nice condition after refurbishing, and overall improvement over its initial purchase condition.

  • What year and model Vectra did the narrator purchase?

    -The narrator purchased a 2007 Vauxhall Vectra estate.

  • What is the odometer reading on the Vectra?

    -The odometer reading is 81,000 miles.

  • What is the engine size and power output?

    -It has a 1.9 liter diesel engine producing 150 brake horsepower.

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