Ye the market is in a sad state of repair, unless your buying.
IMO Cars that are already cheap at 12-14k for a very rare unique sports car, with all this incessant additional needs that honestly with so many people changing bearings the difference between a car that's done 120k and 80k they look the same. See the same thing time and time again in these "Ive had my bearings done and dodged a bullet" and honestly ive seen 10x worse and people that have no idea what their talking about complimenting "Yes, yes they look awful don't they". It's either you spend the money and get no money back or knock 2k off the price so a 70-80k MR is then worth sub 10k.
The whole situation is bonkers imo.
Ive been on here 13 years and seen 4 M cars that have had "engine failure". 3 were heavily tracked and spun a bearing and one overheated after the cooling system hadn't been put together properly after some work.
I got so many comments at ZEDFest this weekend of how wonderful my car is and people would love and aspire to own one and when I told them what I think its worth most were in complete disbelieve. It even won car of the show, bonkers. To me reality is a different thing entirely.
Hopefully this isnt a sign of the future as the cars are worth more in parts than they are complete, meaning more cars will come off the road or end up in countries where they are 2-3x more expensive for the same mileages.