In 2018 when NCAP published it's scare piece, (which I have no doubt was influenced by VAG) and giving the Panda 'zero stars', who'd have thought that all these years later it'd... - still be on sale, - at a premium! The power of consumer demand.That’s just it, the panda is the second most expensive car after the fiesta on the lot. There seems to be no logic to it as they appeared to be in similar condition, the mileages on the tickets are within 5k of each other but the jap jobs are cheaper.
There are cheaper cars on the lot, mainly Kia and the 1007, but apart from the 1007, all have 1500cc or more, are bigger and not really suitable due to stupid rip off insurance
I can only guess these dealers have plenty of experience selling new and used Fiat 500's at such a high premium despite the little equipment and updates going on 18 years and they're making the same judgement call over the Panda, seeing the Fiat badge and the over-styling and trying to sell it the same. The biggest shock is... people must be buying them at these prices. There was a single 2018 Pop for sale for months at our Fiat dealer, no options, that eventually sold... I'd have bought it had they been willing to budge, but it wasn't worth £8k.
It would explain the 'f-off' new pricing Fiat chose in the UK (compared to what you can still buy them new in EU countries). Maybe it was done to comfort the poor dealer network in the UK, as they allegedly struggled to get in Panda's according to our dealer. By keeping the new price stupidly / artificially high for what it is, the usual calculations on depreciation / resale values will stay up accordingly - good for dealers, bad for buyers.
I spotted this going on a decade ago with the Dacia Sandero... £5995 new or like £6,800 for the middle trim most people went for. And a year or two later... trying to still sell them for way too close to the asking price, giving them special used prices just to make sure dealers didn't lose out too much on what was the cheapest brand, with already presumably small margins. It always made me think 'might as well buy a new one for the difference', which equally only benefits them if I was to do that.
They sort of make it up to suit themselves, and in any case, we end up having to pay the price.
I hate dealerships. I wish they'd abolish the laws that protect them so that we could buy cars directly again. Like social media companies, dealerships got special protections that allow them to do what they want, abuse their position, get away with it and leave no room for an alternative to overcome it... Well, perhaps I'm wrong... you can 'buy online' now, but that craftily means you pay the RRP / OTR price with no room for negotiating down... though doesn't that force you to choose a local dealer...