First sub £60k Gallardo.......

I saw that as well this morning...guy has probably had it sitting on his forecourt since it was £90k..!!

Plenty of those bargains out there at the moment..!!

Just don't get car/financial advice from him

You can say that again

'Lord' Speakman was once a Member of LCUK, just for part of the one year when he had a 220mph+ Diablo SV, in yellow, that frightened him when travelling at over 69.99mph, just the once... (as seen on TV!)

He had the registration 10RD on the car, as I recall and he said (to me, and on TV) that he knew it was the fastest car ever made, because the people he bought it from convinced him it was, obviously.

Please note that a near-to-Preston/Manchester and the M60/M62/M6 motorway nexus location 'issue' may well apply in this case - anybody who knows, knows of whom, which and what I speak.


back on topic: any Gallardos now for sale at sub-£60,000 will have even more of the costs of a £120k+ car although, maybe I could be wrong, maybe ... perhaps the beginnings of a knee-jerk, media-influenced reaction has reached into the Lamborghini village, perhaps...

Giallo Midas yellow is the way forward!!

A collegue of mine has just bought an early manual car in silver for £58000.
I reckon, they are going to drop a lot more yet.

Well just for info i saw a silver 16k miles egear go through the ring at BCA Blackbushe last week for £58,200. The very same car was/is advertised on Autotrader thru a dealers near Bradford for £68,995.

I think thats about correct price wise at the moment.

Was looking there and they've dropped so much it's unreal but this is one of the first I saw http://www.pistonheads.com/sales/714401.htm not cheap and high spec but some colours just don't suite some cars and the AM V8 just shouldn't be orange!

Auto,

When I saw the advert, with the spec and everything else I thought: "That's the one!" It's a great deal at £65k. Well done Mart!

There's a low spec one that's up for sale at McGurk (also on PH classifieds), anyone else looked at it? It's got too many miles on it for the price (£69,980) so I'm holding off until the right one comes along but I thought I'd go check it out if I'm in the area. It's a starting point anyway!

I'd be tempted at any around the £60k mark, yellow, decent spec with around 10k on the clock. With the global panic that's on at the moment I think it'll be Armageddon come January! I've waited 2 years for a Gallardo so I suppose I can wait a little longer!

Colon

That's if the rate cut get passed on - which it won`t; very few people will ever see physical interest rates as per BOE; most mortgages / credit agreements have a collar setting a minimum level of interest; those that don`t will have a clause allowing the lender to "reserve their position".

The above aside - car prices are going to continue getting a hammering in 2009. Too many cars were sold on cheap finance with big balloon payments; not a problem if the car has sound residuals and plenty of buyers; but that is not the market anymore. Some people going to get very badly burnt at the end of their agreements; more so if the economy is in recession; so I would predict more distressed sellers to appear.

Even if rates for cars do come down substantially; the days of cheap easy available finance will be long gone for many. The next 12 mths will certainly be interesting.