This is NOT a pick on a saggy question
Discussion
I have been after a Saggy now for about 12 months, I have been to see 7 of the ones in the classifieds all of which are sale or return, I put in 3 offers which I think were the right price.
I have been turned down on all of them.
My question is 9 of the ones for sale have been up for over 9 months, and the 3 I have put bids on have been for sale for over a year, one for 18 months, is this just the dealers jumping up the prices as my offers were only £1500-£2000 less than what they are asking...
With the summer on its way out soon I thought they would have snatched my hand off....
I have been turned down on all of them.
My question is 9 of the ones for sale have been up for over 9 months, and the 3 I have put bids on have been for sale for over a year, one for 18 months, is this just the dealers jumping up the prices as my offers were only £1500-£2000 less than what they are asking...
With the summer on its way out soon I thought they would have snatched my hand off....
I agree with you Gordon I would have snapped your hand off if mine had been up that long and was offered £2k less. It points to me as if they don't really want to sell. Mine went in Sept and I can't really remember many more being sold since then, to be fair I've never checked though. Does this mean they are now well overpriced??????
You would have to think that as they are sale or return the current owner has set a figure that they will not go below and therefore the dealer is limited in movement.
Surprised that the dealers aren't being more sensible but again as they are sale or return presumably no real cost involved for them, its not like they have paid out to purchase and need a return on their own money.
Have you tried direct contact with the owners on here from the Sag list of ones which might be of interest.
A private sale of one not advertised with a check and engine warranty from someone like Powers Performance might be the way to go.
Good luck in your search.
ETA
Out of interest apart from a change in cosmetic design what are you hoping for from the Sag that your Tuscan S is not providing, again as per your thread title not picking on the Sag just genuinely interested.
Surprised that the dealers aren't being more sensible but again as they are sale or return presumably no real cost involved for them, its not like they have paid out to purchase and need a return on their own money.
Have you tried direct contact with the owners on here from the Sag list of ones which might be of interest.
A private sale of one not advertised with a check and engine warranty from someone like Powers Performance might be the way to go.
Good luck in your search.
ETA
Out of interest apart from a change in cosmetic design what are you hoping for from the Sag that your Tuscan S is not providing, again as per your thread title not picking on the Sag just genuinely interested.
Edited by Laser Sag on Thursday 24th July 18:00
You have to give credit to someone who sets a budget and sticks to it, very easy for budget slip to end up costing a lot of money. You can only assume there were valid reasons for not wanting to go the extra on the ones Tovie made offers on, repairs or other works that he felt were necessary but the dealer wasn't prepared to carry out.
He already has a lovely car so it can be difficult to justify extra expense for something which is really at the end of the day a "T" car with a revised body shell.
I loved both my Sag and my Tuscan II but I moved from the Tuscan when there wasn't a great deal of difference in price, if I was looking at making the move today it would be a very difficult decision.
He already has a lovely car so it can be difficult to justify extra expense for something which is really at the end of the day a "T" car with a revised body shell.
I loved both my Sag and my Tuscan II but I moved from the Tuscan when there wasn't a great deal of difference in price, if I was looking at making the move today it would be a very difficult decision.
TOV!E said:
I have been after a Saggy now for about 12 months, I have been to see 7 of the ones in the classifieds all of which are sale or return, I put in 3 offers which I think were the right price.
I have been turned down on all of them.
My question is 9 of the ones for sale have been up for over 9 months, and the 3 I have put bids on have been for sale for over a year, one for 18 months, is this just the dealers jumping up the prices as my offers were only £1500-£2000 less than what they are asking...
With the summer on its way out soon I thought they would have snatched my hand off....
But were you a cash buyer or did you have a part exchange?I have been turned down on all of them.
My question is 9 of the ones for sale have been up for over 9 months, and the 3 I have put bids on have been for sale for over a year, one for 18 months, is this just the dealers jumping up the prices as my offers were only £1500-£2000 less than what they are asking...
With the summer on its way out soon I thought they would have snatched my hand off....
Hi Gordon - I'm inclined to agree with WolfyJones that "you are losing out on owning a Sag for the sake of £1500". Isn't that cutting your nose off to spite your face?
From a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
From a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
.TVRinBFG said:
Hi Gordon - I'm inclined to agree with WolfyJones that "you are losing out on owning a Sag for the sake of £1500". Isn't that cutting your nose off to spite your face?
From a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
and if it blows up, hes got to put it right, so needs good margins, cuz thats the main dif between private and dealer pricesFrom a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
Dr K said:
TOV!E said:
I have been after a Saggy now for about 12 months, I have been to see 7 of the ones in the classifieds all of which are sale or return, I put in 3 offers which I think were the right price.
I have been turned down on all of them.
My question is 9 of the ones for sale have been up for over 9 months, and the 3 I have put bids on have been for sale for over a year, one for 18 months, is this just the dealers jumping up the prices as my offers were only £1500-£2000 less than what they are asking...
With the summer on its way out soon I thought they would have snatched my hand off....
But were you a cash buyer or did you have a part exchange?I have been turned down on all of them.
My question is 9 of the ones for sale have been up for over 9 months, and the 3 I have put bids on have been for sale for over a year, one for 18 months, is this just the dealers jumping up the prices as my offers were only £1500-£2000 less than what they are asking...
With the summer on its way out soon I thought they would have snatched my hand off....
But if he is part exchanging the Tuscan then £1500 to £2000 can be quite a large chunk added onto the cost to change.
Walford said:
TVRinBFG said:
Hi Gordon - I'm inclined to agree with WolfyJones that "you are losing out on owning a Sag for the sake of £1500". Isn't that cutting your nose off to spite your face?
From a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
and if it blows up, hes got to put it right, so needs good margins, cuz thats the main dif between private and dealer pricesFrom a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
Those days have now passed, but there can still be some expensive repair bills that aftermarket warranties don't cover, sale of goods, etc etc
TVRinBFG said:
Hi Gordon - I'm inclined to agree with WolfyJones that "you are losing out on owning a Sag for the sake of £1500". Isn't that cutting your nose off to spite your face?
From a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
I am not following this at all. If as Tovie says, these cars are NOT owned by the dealers but privately owned being sold by dealers on their behalf, then surely if the car has been standing in a showroom for 18 months, the offer of £1,500 below asking is more than perfectly reasonable? It strikes me that the owner either: From a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
doesn't really want to sell or
someone has told him the prices of Sags is rising every day or
he has no room at home to store it or
by leaving it in a nice warm showroom the mileage is effectively reducing and consequently raising the value?
If you were selling your house and someone made an offer £10k below asking after 18 months, most sellers would accept.
And why would you want another Sag if you cannot shift the one in front of you after 18 months? That's just tying up cash. To me this does not compute.
N7GTX said:
TVRinBFG said:
Hi Gordon - I'm inclined to agree with WolfyJones that "you are losing out on owning a Sag for the sake of £1500". Isn't that cutting your nose off to spite your face?
From a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
I am not following this at all. If as Tovie says, these cars are NOT owned by the dealers but privately owned being sold by dealers on their behalf, then surely if the car has been standing in a showroom for 18 months, the offer of £1,500 below asking is more than perfectly reasonable? It strikes me that the owner either: From a dealer's point of view, the £1500 is coming off the profit, NOT the price of the car. IE say the car is £50k less £1500, that's only 3%; but if the £1500 is off the dealers margin of say £3000, that's 50%.
And then when the dealer sells the Sagaris, where is he going to easily find another? So he might as well hang on for the asking price.
doesn't really want to sell or
someone has told him the prices of Sags is rising every day or
he has no room at home to store it or
by leaving it in a nice warm showroom the mileage is effectively reducing and consequently raising the value?
If you were selling your house and someone made an offer £10k below asking after 18 months, most sellers would accept.
And why would you want another Sag if you cannot shift the one in front of you after 18 months? That's just tying up cash. To me this does not compute.
spitfire4v8 said:
and the dealers obviously aren't short of money or they'd want that car space for cars which sell more quickly .. tieing up showroom space long term is rarely good news .. unless of course they're using the Sagaris as a tempter to get people into the showroom in the first place ..hmm
If I was a dealer I would be charging for storage if for sale longer than 3 months,Str8six don't have a problem selling Sags quickly and for top dollar,
Hi N7GTX - I am guessing you are right; the dealer has probably contacted the owner and said "you wanted £xx,xxx, but I can only get you £xx,xxx minus £1500" and the owner has turned it down. As the dealer wants to sell the car, as that is how he makes money.
However, the owner probably bought the car at £32-42k a few years ago (so is making a good profit); has it parked up on SOR (so doesn't need the money for a replacement fun car); and when it sells will probably just put the money in the bank (where it earns little interst). But if the car is still on SOR in 2015, he can say to the dealer I now want £yy,yyy back (y being more than x), to reflect that prices are still creeping up.
As a seller, if you don't need the money, it makes no sense to take a discount on something that is going up in value?
However, the owner probably bought the car at £32-42k a few years ago (so is making a good profit); has it parked up on SOR (so doesn't need the money for a replacement fun car); and when it sells will probably just put the money in the bank (where it earns little interst). But if the car is still on SOR in 2015, he can say to the dealer I now want £yy,yyy back (y being more than x), to reflect that prices are still creeping up.
As a seller, if you don't need the money, it makes no sense to take a discount on something that is going up in value?
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