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Targarama
Original Poster
13,171 posts
152 months
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Hi Chaps.
In the near future I will have a fat wad of cash sitting in the bank for a bit. I will be renting a house for at least 12 months (break up, need to decide where to buy next). I am toying with using part of this money to buy/run an SLS for a 6-12 months. I don't mind losing a bit of the money.
Sooo, what do you think I'll be able to pick up an SLS for in July/August, and how much might it depreciate by say Easter 2013. I'm thinking if I lose £10-£15k I might bite. I know this is a gamble, just wondering.
(No, I would not sell the TVR or BMW - this would be another toy car for 3-5k of smiles).
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benzito
1,056 posts
28 months
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2010 '10' plates cars are on for around 110k, new coupe's start at 160k-ish so already 50k depreciation in 2 years, I would say that in July prices may not have moved much (being summer where sports car's tend to appreciate slightly), by next easter I would agree that 10k less is a very realistic possibility
for a toy car with little depreciation why not look at a lambo/fezza? I reckon they will be easier to shift than the sls aswell if you are only looking to hold for a year
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kryten22uk
1,321 posts
100 months
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Very optimistic indeed I'd say. You'll lose £10k on dealer spread alone. Looking at least £20k this time next year I'd say.
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Targarama
Original Poster
13,171 posts
152 months
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Kryten - you may be right, factoring in margins.
I don't like any rear engined donkeys newer than the 328. V12 Ferraris seem to haemorrhage value so I'll skip them. Lambos are nice, esp the Murci, but I just fancy an SLS. Good point about them possibly being harder to shift though.
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Diamond blue
1,542 posts
69 months
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Dealer margin on a car of that value will be at least £10k at an indy, franchised dealer will be looking for 15k I reckon plus the drop in value. Maybe £25k for the whole thing.
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Targarama
Original Poster
13,171 posts
152 months
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We only live once right? 
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Diamond blue
1,542 posts
69 months
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Targarama said: We only live once right? Good attitude!!! Go and get one if you like em....
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Targarama
Original Poster
13,171 posts
152 months
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Diamond blue said: Good attitude!!!
Go and get one if you like em.... Need to check I fit first too ... but that's part of the fun.
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kryten22uk
1,321 posts
100 months
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Targarama said: I don't like any rear engined donkeys newer than the 328. V12 Ferraris seem to haemorrhage value so I'll skip them. I would happily wager that a £110k 599 would lose less than an SLS.
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GTIR
19,077 posts
135 months
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It's my favourite car. Evarr!  Do it. Do it!
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Boshly
1,732 posts
105 months
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kryten22uk said: Very optimistic indeed I'd say. You'll lose £10k on dealer spread alone. Looking at least £20k this time next year I'd say. Dealer spread would be higher thn £10k I would guess. You need something a tad older and/or a tad more unusual to stick to a £10/15k only depreciation. Unless you happen to buy really well - money talks so when your cashed up you could snap up a dealer price car? Carries risk but nothing a good inspection couldn't limit.
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orbtar
144 posts
52 months
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Make sure you buy it right and you shouldn't lose too much. Try some dealers and see what they can offer on brand new cars, in December they were discounting by £40,000. Brand new for £130k! Hopefully they will offer similar discounts on the roadsters soon.
You won't regret buying one, they're fantastic.
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andy355
962 posts
107 months
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Any news on whether there are still discounted coupes around? Also would prefer a roadster but only seems to be 1 for sale. How long do merc dealers keep demos for?
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chiefski26
508 posts
70 months
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Diamond blue
1,542 posts
69 months
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orbtar said: Make sure you buy it right and you shouldn't lose too much. Try some dealers and see what they can offer on brand new cars, in December they were discounting by £40,000. Brand new for £130k! Hopefully they will offer similar discounts on the roadsters soon.
You won't regret buying one, they're fantastic. That's a massive discount on a relatively new and rare car like an SLS. I would have to say that suggests Merc have overcooked the price level by some distance. Will be interesting to see where they settle down in the second hand market.
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tonys
626 posts
92 months
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This is just a guess; On that time scale I would think you'd be looking at an overall loss of 21.347% on outlay. Approximately Nice cars though.
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