Private sale 458 or 430 scuderia?

Private sale 458 or 430 scuderia?

Author
Discussion

Wilmslowboy

4,210 posts

206 months

Sunday 26th February 2017
quotequote all
100 IAN said:
Exactly as jimmyslr says.

Those that instantly think what i'm saying is rubbish, don't be too hasty.

.....
jimmyslr gets his £180k and buyer gets Scud for £185k when dealer was asking £210k

Trust me, I've done it.
I think this is very fair distinction.....once you get into specialist "almost classic" cars the spread becomes much bigger...dealers are generally reluctant to put their own money in unless there is big spread.


This is not currently the situation with 458s Ferraris (other than 458 Speciales where the spread is now near 20%)









Alpinestars

13,954 posts

244 months

Tuesday 28th February 2017
quotequote all
Juno said:
I have a friend looking for a 599 with HGTE pack and would like to buy privately if possible !!!

Edited by Juno on Saturday 25th February 09:40
SLS?

Cheib

23,256 posts

175 months

Wednesday 1st March 2017
quotequote all
I think dealer margins are at least 15%....bloke I work with just tried selling his Bentley Conti GT....relatively new car good spec, low miles etc. Not my cup of tea but a desirable car. The specialist dealers were all happy to buy the car outright but wanted 20% margin for their trouble....and that seemed to be the case across the board...two or three definitely wanted to buy the car but used every sob story in the book to justify their 20%. He gave up in the end and traded it in against a new car.

Chris355

Original Poster:

794 posts

196 months

Wednesday 1st March 2017
quotequote all
If 20% is the case then its really annoying. I would happily split the difference and pay the seller 10% more than the trader will.

Exactly what I want is up sor with a main dealer. I want to pay 10% less than advertised price. Trader says owner wont go for it. If I was dealing direct the price would probably be fine as im guessing that 2yrs warranty and the commission comes to more than the 10% I want off!! Frustrating.

845ste

577 posts

127 months

Wednesday 1st March 2017
quotequote all
I remind you that the normal 458 turns in fiorano "x" sec faster than the scuderia ....
You think it can do the speciale....
also ,the amzing design is light years ahead of the 430

Slickhillsy

1,772 posts

143 months

Wednesday 1st March 2017
quotequote all
845ste said:
I remind you that the normal 458 turns in fiorano "x" sec faster than the scuderia ....
You think it can do the speciale....
also ,the amzing design is light years ahead of the 430
Speciale rules as king but the Scud can still do more than hold its own to the vanilla 458...

https://youtu.be/Ry_Ywh8I9-4

mikeyb2410

32 posts

179 months

Wednesday 1st March 2017
quotequote all
jimmyslr said:
Sarnie said:
Ian,

Sorry, but you are wrong.......a dealer may have 15% margin in a stock owned car....but not an SoR car.

I sold a car for £126k via The Supercar Rooms for a flat £5k SoR fee...........think Alastair Bols is about £4k.....certainly not £18k (15%!).

If a dealer invests their own money into a car, they will naturally look to buy at the lowest possible point and sell at the highest, to attain their 15% margin.

The whole benefit of SoR is so that the dealer does not have to use their own money to buy the car and the seller does not have to sell at the stupidly low trade values.....sellers gets near retail price and dealer earns circa £5k for taking some photo's and listing the car for sale....
I not sure that's what Ian meant. I think he's saying the owner would have been offered the dealer buy-in price of retail less 15% margin and declined it as too low. Anything over that is an improvement, so Ian is saying there could be scope for a good deal somewhere in that range. One would need to allow for the SoR fee also so north of buy-in plus SoR fee in this example.

I sold a Scud privately in summer 2015. The market was frothy, retail was c210k and I was offered 155-170 by dealers. They all had too much stock that wasn't shifting but nobody wanted to take down list price. I sold at 180 privately. Everyone was happy.
And I was the happy buyer! great seller and a bit of trust required but car has been fantastic. JBR capital were happy to finance a private sale if it stacks up for them. I have also just sold a Black Manual DBS on a SOR via Motion 8 and the experience has been great. Second Aston DBS manual going to them shortly! The scud is a keeper and though I dont do many miles they are North 500 miles twice a year!! I think the 430 Scud is now only going to start to realise value as the glut for sale have gone, and its a truly undervalued car based on its performance, limit numbers and pedigree.