How much off an Elise asking price?
How much off an Elise asking price?
Author
Discussion

MitchT

Original Poster:

17,159 posts

240 months

Tuesday 2nd October 2007
quotequote all
Assuming I were to buy an Elise S2, how much could I expect to haggle off the asking price? I've seen a really nice one for £11,500 which ticks all of the boxes but it's a bit more than I can afford so I don't want to waste mine or the seller's time if Elise prices generally aren't for moving as I'm not spending that much.

jke11y

3,200 posts

268 months

Tuesday 2nd October 2007
quotequote all
So many variables and every deal is different as every seller has different circumstances and no two cars are the same.

Easy answer is, as much as possible :-)

MitchT

Original Poster:

17,159 posts

240 months

Tuesday 2nd October 2007
quotequote all
Seriously though... Noone prices their car at the lowest price that they'll accept as some fool may come along and pay more without question if it's priced higher... so just how much, realistically, off an £11,500 Elise?

Paul RN

1,168 posts

245 months

Tuesday 2nd October 2007
quotequote all
5% if you have something to haggle over, needing service, tax, MOTS, tyres, discs pads etc

jke11y

3,200 posts

268 months

Tuesday 2nd October 2007
quotequote all
I was being serious - you can seriously think there is a hard and fast " X % off" ?

I paid full sticker for my S2 Exige, but got £1k off my cheap s2 elise - like I said, every deal is different. If the 11500 car you have looked has done 100k miles, I`d expect £2k off the price, if its faultless, its worth £11.5 all day long.

greysquirrel

786 posts

258 months

Tuesday 2nd October 2007
quotequote all
jke11y said:
I was being serious - you can seriously think there is a hard and fast " X % off" ?

I paid full sticker for my S2 Exige, but got £1k off my cheap s2 elise - like I said, every deal is different. If the 11500 car you have looked has done 100k miles, I`d expect £2k off the price, if its faultless, its worth £11.5 all day long.
if its a tidy car, sounds about right for the money tbh.
If it has bits that need doing then they will probably take that off as you can justify that you are going to have to spend it but otherwise i wouldnt knock a penny off if the car was all up together (if priced right obv. which this appears to be)

MitchT

Original Poster:

17,159 posts

240 months

Tuesday 2nd October 2007
quotequote all
jke11y said:
If the 11500 car you have looked has done 100k miles, I`d expect £2k off the price, if its faultless, its worth £11.5 all day long.
But surely anyone with common sense who's selling a car is going to overprice it a bit on the offchance that someone silly comes along and pays sticker price without questioning it? I can't believe anyone would advertise their car at the lowest price that they'd accept when they might get a bit more than that.

greysquirrel

786 posts

258 months

Tuesday 2nd October 2007
quotequote all
how much do you want to pay for it - theres your answer..

Furyous

25,779 posts

252 months

Tuesday 2nd October 2007
quotequote all
greysquirrel said:
how much do you want to pay for it - theres your answer..
yes

Its what its worth to YOU. Regardless of the sticker price.

TIPPER

2,955 posts

250 months

Tuesday 2nd October 2007
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Mitch.
I hope that you've allowed a £1k 'slush' fund for the unexpected. Its the usual advice given to newbies so excuse me if I sound patronising - not meant. Also allow about £1k a year running costs. Servicing is cheap enough but the Elise does work its way through items that wouldn't normally be regarded as consumables (ball joints, toe links etc). Also remember rear tyres will only last about 7-8k miles (on the road).

Justin S

3,658 posts

292 months

Wednesday 3rd October 2007
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I've just bought a Mk 2 Exige and paid the price the guy was aking.I did try to get a bit knocked off,but to be honest the car was totally mint bar one small chip on the nose through the armour fend.Doesn't need anything,has new tyres,service due May,new stage 2 exhaust,tax 'til May,so basically I just have to drive it.I knew it was worth the full amount and knew he had lots of enquiries about it.

Cuzza

2,042 posts

284 months

Wednesday 3rd October 2007
quotequote all
Why not just phone up and say that you're interested in the car but only have X in your budget and ask if you're going to be wasting each others time? Leave your number in case he chan ges his mind - less hassle allround and the seller will thank you for being upfront.

S Works

10,166 posts

281 months

Wednesday 3rd October 2007
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Cuzza said:
Why not just phone up and say that you're interested in the car but only have X in your budget and ask if you're going to be wasting each others time? Leave your number in case he chan ges his mind - less hassle allround and the seller will thank you for being upfront.
thumbup

Boggy

4,603 posts

266 months

Thursday 4th October 2007
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My feeling's on this are simple,

If you want to pay a fantastic car with no issues fully checkable past and a previous owner who loved it expect to pay proper money

If you want a bargain it's cheap for a reason! There is no such thing as free lunch. Nothing wrong with a bit of a haggle, but on the most I think Lotus owner's don't just like their car's they feel attached, they then price as such

Boggy

Edited by Boggy on Thursday 4th October 09:17

greysquirrel

786 posts

258 months

Thursday 4th October 2007
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thats how i bought my s2 - got £300 knocked off as it needed a service and a scratch doing. Noticed that it had the new style 3 part diffuser and a janspeed exhaust and full carpets inside (around the sides as well) the dealer didnt have a clue and didnt know about these extras but i just figured these cost a few hundred and I wasn't expecting them when i saw the car advertised at the price i was prepared to pay without them, so just accepted the price.
Not like a run of the mill car where there are so many about with varying condition, most of us keep them well and know what they are worth - and there are a lot of 'cocks' who 'want' an elise and will just try and get as much off with no real intention of buying/have the money to buy they just dream... same sort of person that always says to me "i was gonna get one of those" really why didnt you then. cock. lol
Let us know how u get on.

gorrieman

84 posts

275 months

Thursday 4th October 2007
quotequote all
MitchT said:
Seriously though... Noone prices their car at the lowest price that they'll accept as some fool may come along and pay more without question if it's priced higher... so just how much, realistically, off an £11,500 Elise?
Yes they do... if they really do need to sell and want a deal done quickly then some people will just cut to the chase and price it at what it's worth. Or, if you have ordered something else and already have a trade-in price of say £11K then selling for £11.5K before trading-in is an extra wodge in his back pocket.

If he's not fussed about selling, or doesn't have a deadline, then yes... I could see that he would try for an extra grand.

Maybe try to establish why he's selling... is something else iminent on the driveway??