Sale vs purchase price

Sale vs purchase price

Author
Discussion

stuno1

Original Poster:

1,296 posts

194 months

Sunday 15th February 2015
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Hi folks. I was wondering what people paid vs sale price of their car. If you don't want to state the numbers maybe just add the discount achieved and maybe where from?

Would be good to know what is realistic.

Stu

blueg33

35,574 posts

223 months

Sunday 15th February 2015
quotequote all
stuno1 said:
Hi folks. I was wondering what people paid vs sale price of their car. If you don't want to state the numbers maybe just add the discount achieved and maybe where from?

Would be good to know what is realistic.

Stu
Good question as I will be selling mine as soon as the one I want comes up

Toaster

2,938 posts

192 months

Sunday 15th February 2015
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Some considerations:

Private sale vs Dealer Vs Main Dealer

If its a dealer, then the margin they have to play with

Are you PX'ing or cash Cash isn't always king

do you want the car serviced before you have it? new tyres? MOT?

Cheap isn't always cheap but a canny buyer can 'save" by buying the 'right car' and package



stuno1

Original Poster:

1,296 posts

194 months

Sunday 15th February 2015
quotequote all
Agreed, still be good to know what deals folk are getting.

Stu

Lazydonkey

177 posts

222 months

Tuesday 17th February 2015
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Used evora don't see much in the way on discount, think a few hundred rather than anywhere close to a grand.

i bought mine used before it hit the murrays website and i believe, and have no reason to doubt, that there were people behind me if i didn't go for it.

It's like anything else, supply and demand.

I dare say there are deals to be had on brand new cars right now.

kambites

67,460 posts

220 months

Tuesday 17th February 2015
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With residuals being so strong (at least once the car has gone through its initial plunge) dealers have far less incentive to discount cars to shift them quickly because it's not costing them very much to have the car sitting on the forecourt waiting for the right buyer.

Gravel

116 posts

119 months

Tuesday 17th February 2015
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kambites said:
With residuals being so strong (at least once the car has gone through its initial plunge) dealers have far less incentive to discount cars to shift them quickly because it's not costing them very much to have the car sitting on the forecourt waiting for the right buyer.
Agreed, and unlike a part-ex K-reggie Micra with more dents than flat panels, it's something they'd be happy to have on display!

superdave

935 posts

255 months

Thursday 19th February 2015
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I didn't even try and ask for a discount as I was PX in my daily driver and the car was wrongly advertised as a 2+0 with no options. It had only gone on their website the night before and even the sales staff didn't even know it had come into stock. So I immediately put a £250 just to hold the car until I viewed it a few days later. I wasn't able to test drive it as they had only just got it in and hadn't put it through their workshop but I knew it was a great price and I wanted it. A year later and I see car with similar mileage and options like Ice White paint and forged alloys going for £2K more!

If you are thinking of buying in winter then you might get a bit off. There's a really low mileage launch edition at Oakmere Lotus going for £29950. This is extremely good value in my opinion.


Regards,



David Walters

blueg33

35,574 posts

223 months

Thursday 19th February 2015
quotequote all
superdave said:
I didn't even try and ask for a discount as I was PX in my daily driver and the car was wrongly advertised as a 2+0 with no options. It had only gone on their website the night before and even the sales staff didn't even know it had come into stock. So I immediately put a £250 just to hold the car until I viewed it a few days later. I wasn't able to test drive it as they had only just got it in and hadn't put it through their workshop but I knew it was a great price and I wanted it. A year later and I see car with similar mileage and options like Ice White paint and forged alloys going for £2K more!

If you are thinking of buying in winter then you might get a bit off. There's a really low mileage launch edition at Oakmere Lotus going for £29950. This is extremely good value in my opinion.


Regards,



David Walters
The Oakmere one is a bargain if it has the new gear cables and they will warranty the clutch. Most early cars had clutch issues sorted under warranty.

I am tempted to look at it, its the same colour as mine but mileage is lower and I put 20k miles on pa, so low mileage is a benefit

LotusOmega375D

7,580 posts

152 months

Thursday 19th February 2015
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I spotted that Oakmere one a couple of days ago too. It's now sold already.

The "attractively priced" Evoras sell in no time, whether they be at 30 grand or 55 grand price levels. The secret is to act straightaway, otherwise you could be waiting ages. I shouldn't get too hung up on sale price v purchase price.

blueg33

35,574 posts

223 months

Thursday 19th February 2015
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Not surprised its gone.

I have told the dealers what I am looking for next, so hopefully I get to hear about the car I want before it hits the adverts

Gravel

116 posts

119 months

Sunday 5th April 2015
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blueg33 said:
Not surprised its gone.

I have told the dealers what I am looking for next, so hopefully I get to hear about the car I want before it hits the adverts
That's what I did - but that doesn't mean that you have to pay full asking - I paid about 96% myself.

blueg33

35,574 posts

223 months

Sunday 5th April 2015
quotequote all
I have seen one I want but it's not with a Lotus dealer and the price is at least £5k over the top. I think the dealer in question over valued it on a p-ex. If the price was right, it would be on my drive now.

Gravel

116 posts

119 months

Sunday 5th April 2015
quotequote all
blueg33 said:
I have seen one I want but it's not with a Lotus dealer and the price is at least £5k over the top. I think the dealer in question over valued it on a p-ex. If the price was right, it would be on my drive now.
Just make a polite offer and don't take offence if it's rejected - haggling is usually about meeting in the middle somewhere...

blueg33

35,574 posts

223 months

Sunday 5th April 2015
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Done that.

I don't get offended. I negotiate for a living.

stuno1

Original Poster:

1,296 posts

194 months

Monday 6th April 2015
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Black one with red detailing and MY2012 interior??

I agree it's about 4k over priced if we are thinking of the same one.

Stu

stuno1

Original Poster:

1,296 posts

194 months

Monday 6th April 2015
quotequote all
Black one with red detailing and MY2012 interior??

I agree it's about 4k over priced if we are thinking of the same one.

Stu

blueg33

35,574 posts

223 months

Monday 6th April 2015
quotequote all
That's Frimleys car and it's very nice, not as over the top as the one I am after.

Aimee called me about the black one with red trim last week. My main problem is that for me it's a daily driver and all 3 packs make a difference. My current one has all 3 plus tubular exhaust, barge boards, 2012 gear cables, etc. Makes it hard to replace, the only reason for changing is so that if doesn't end up with stratospheric mileage

stuno1

Original Poster:

1,296 posts

194 months

Monday 6th April 2015
quotequote all
Oh ok, in your opinion (current owner) are the changes to the MY2012 worth the extra money? From reading about the changes and seeing them in pictures alone they seem to be worth it.

Stu

Boogs

404 posts

142 months

Monday 6th April 2015
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blueg33 said:
That's Frimleys car and it's very nice, not as over the top as the one I am after.

Aimee called me about the black one with red trim last week. My main problem is that for me it's a daily driver and all 3 packs make a difference. My current one has all 3 plus tubular exhaust, barge boards, 2012 gear cables, etc. Makes it hard to replace, the only reason for changing is so that if doesn't end up with stratospheric mileage
I'm in similar position, although only do 6-8k pa but I also have some nice mods. Considered one of the new Motorsport green n/a sport racers, and the B&C GTE but just cannot justify the cost to change. These being twice and three times a good trade in price respectively. Combine this with the likelihood that the former would lose 40% of its value in 3/4 years I'm of a mind that even if you ended pup with a "worthless" car over 3 years it would still work out to have cost less.

Im beginning to think it'd have to be something pretty special for me to trade up(hence the GTE) but then I don't want to feel guilty about using it.