citroeneddie Posted January 18, 2007 Posted January 18, 2007 Can anybody explain why the Guaranteed Minimum Future Value on a 3 year old Cote D'Azur Pluriel is roughly the same as my C1 1.0 Vibe , and yet the Pluriel costs twice as much to start with? Surely Citroen should drop the price of the Pluriel even more after cashback with such poor residuals. Quote
CoolCarbon Posted January 18, 2007 Posted January 18, 2007 I'd say due to the VERY limited re-sale market...I don't think I've seen more than half a dozen on the road....pretty exclusive then..! Quote
citroeneddie Posted January 19, 2007 Author Posted January 19, 2007 Good point Cool Carbon. But if they are so rare surely they should hold their value, or is it because nobody wants them? We bought one in September 03 with no cashback deals and various leaks. Managed to trade it back to the dealer in June 04 at a loss of £3.5k. Still think it's ingenious but would dread an out of warranty repair if the roof goes wrong. Now they've reduced the range, I reckon it's on it's last legs. Shame. Quote
Stuey Posted January 19, 2007 Posted January 19, 2007 its never been a big seller though has it. I bet there will be some special editions with some toys on them to get rid of the stock, Volvo are doing it with the V70 at the moment. Quote
hertsnminds Posted January 19, 2007 Posted January 19, 2007 The main reason for poor residuals is because a Pluriel with no warranty is a money pit. At 1 point the Citroen UK website was showing residual values as £0 after 3 years. Have a look at some of the postings in the Pluriel section of this board. When they were new in 2003 they were selling for about 13k, 6 months later they became part of the Citroen special offers family which wiped 2-3k from the used prices in an instant. Once it became common knowledge that many of the early models had more quirks than Citroen had intended (leaks, sensodrive issues etc etc) even fewer people were prepared to own 1. Even though they claim to be 4 seaters they are practically only 2 + 2 kids. Only 1 of the multi roof modes is easy to configure, the others require having a combination of an empty boot, a large storage space, strong arm muscles, a spare number plate (pick up truck mode) and various other things that most owners would not see as the norm for car ownership. The Pruriel is a great concept poorly executed. Probably become like the Sinclair C5, in 10 years time everyone will be after them so if you can put up with the pain hold on to yours. IanBlack 55 VTR+ Quote
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