Discounted stock Emiras...

[Sukh13]

Honeywell said:

Wow. £65k asking in mid Nov. With no bites in a few weeks that'll go for £60k.

Mind you just look at the number of 911's piling up on AT for sale.

This market is crashing.

Same car up to 73k after not selling at 65k for a month...

[highway]

I noticed that earlier. How odd. Perhaps the seller has had a change of heart having already paid for the advert? Perhaps not motivated to sell at a lower price anymore?

[Honeywell]

How strong a seller position is a 7k price hike in a world where nearly everyone knows the sports car market is crashing and Porsche are offering discounts?

THERE will be a sellers strike. And then the reality will hit.

[highway]

With the price on that car hiked, I think the cheapest car is advertised a whisker under £70k. They aren’t littering the classifieds at £65k

[Sukh13]

The other cars that were in the mid sixties sold, the rest are hanging about...

[PorkInsider]

WBAC now offering high 40s so taking their direction as a barometer I think they're coming down further yet, especially with a steady ~70 being listed on AT at any time.

[bcr5784]

I see Lotus are now offering free servicing for 5 years.

[Honeywell]

Using Harry Metcalfes registration on Motorway I get £62,500 as a valuation.

[highway]

If trade were paying £62500 for a used Emira, what margin does it leave them? WBAC show them at mid £40’s. I can’t see any trader wanting to buy in at that level

[Honeywell]

£46,720 on WBAC.

[Honeywell]

highway said:

If trade were paying £62500 for a used Emira, what margin does it leave them? WBAC show them at mid £40’s. I can’t see any trader wanting to buy in at that level

I don't know. I suspect the Motorway price is highly speculative on what one might achieve based on very limited data. The WBAC value is the more instructive. Losing £30k in a year is a painful place to be full of Porsache Taycan owners...

[Honeywell]

There will be some owners eventually who come out of finance, have changed circumstances and need to sell. If the trade are offering £48k then they'll be on Autotrader for low 50's.

At which point, with the running in completed, the first year car tax paid and the recalls all done they will look attractive to me.

[Sukh13]

I think it will take dinner time yet to get to that point!

[highway]

I’ll be a buyer at dinner time in the £50’s! Today, tomorrow or the day after!

[Sukh13]

• some

[fridaypassion]

highway said:

If trade were paying £62500 for a used Emira, what margin does it leave them? WBAC show them at mid £40’s. I can’t see any trader wanting to buy in at that level

Absolutely not and it shows what a scam Motorway is.

[Dr Interceptor]

Cheapest actual car now is a Red 23 reg with white interior at Sytner Cardiff for £69,500.

I notice Lotus now have an 'available cars' button on their website, which never used to be there. Take your pick from one of the cancelled orders and instantly lose £20k.

https://www.lotuscars.com/en-GB/car-locator?model=...

[Pflanzgarten]

Dr Interceptor said:

Cheapest actual car now is a Red 23 reg with white interior at Sytner Cardiff for £69,500.

I notice Lotus now have an 'available cars' button on their website, which never used to be there. Take your pick from one of the cancelled orders and instantly lose £20k.

https://www.lotuscars.com/en-GB/car-locator?model=...

I still don't get how this attitude has infected buying a car I know it's been nice running cars for a very short period of time when they didn't lose anything but it was never going to last forever.

I can go out for lunch tomorrow with my wife and instantly lose up to a grand if I want to, all I'm left with is the memories of the experience and what I flush down the toilet the next day.

[Dr Interceptor]

Pflanzgarten said:

I still don't get how this attitude has infected buying a car I know it's been nice running cars for a very short period of time when they didn't lose anything but it was never going to last forever.

I can go out for lunch tomorrow with my wife and instantly lose up to a grand if I want to, all I'm left with is the memories of the experience and what I flush down the toilet the next day.

Different things entirely... I went out last night in Lagos with a friend and ran up a large tab drinking rare Tequillas... I didn't lose money, I spent it doing something I enjoy.

For me, I couldn't spend £90,000 on a brand new Emira, when I know an eight month old one with less than 3000 miles is just over £70,000.

[Pflanzgarten]

Dr Interceptor said:

Pflanzgarten said:

I still don't get how this attitude has infected buying a car I know it's been nice running cars for a very short period of time when they didn't lose anything but it was never going to last forever.

I can go out for lunch tomorrow with my wife and instantly lose up to a grand if I want to, all I'm left with is the memories of the experience and what I flush down the toilet the next day.

Different things entirely... I went out last night in Lagos with a friend and ran up a large tab drinking rare Tequillas... I didn't lose money, I spent it doing something I enjoy.

For me, I couldn't spend £90,000 on a brand new Emira, when I know an eight month old one with less than 3000 miles is just over £70,000.

Just as you prioritise different things someone else may think that getting a brand new Emira that no one else has driven, in exactly the spec they want is worth the spend more than some fancy tequilas might be.