RE: 2022 Lotus Emira officially revealed

RE: 2022 Lotus Emira officially revealed

Author
Discussion

Throttlebody

2,348 posts

56 months

Friday 12th November 2021
quotequote all
braddo said:
Throttlebody said:
Sure, if your happy with your personal and introspective approach to a car discussion.

Fortunately, other people have a more broad view on the acquisition, ownership and life time cost to own or finance. It’s a large factor. It’s not a free product.
You are projecting your interest in the financing discussion onto others. Give it a rest.
Recent replies indicate otherwise. Sorry to disappoint.

SidewaysSi

10,742 posts

236 months

Friday 12th November 2021
quotequote all
braddo said:
Throttlebody said:
Sure, if your happy with your personal and introspective approach to a car discussion.

Fortunately, other people have a more broad view on the acquisition, ownership and life time cost to own or finance. It’s a large factor. It’s not a free product.
You are projecting your interest in the financing discussion onto others. Give it a rest.
+1. If you can't afford it, don't buy it.

Throttlebody

2,348 posts

56 months

Friday 12th November 2021
quotequote all
av185 said:
Be interesting to know how many are actually interested in buying the Emira because of the car itself or because of the likely premiums ££ and excellent residuals i.e. low overall running costs which clearly makes owning one more attractive.

In complete contrast to e.g. new Mclarens.
Yes, It’s going to be significant for many now holding a deposit.

Recent attainable cars such as the Yaris GR, previously the Focus RS etc were flooding the used market at overs on release where it was clear to see buyers were only ever interested in premiums over list - not handling and 0-60.

Shnozz

27,573 posts

273 months

Friday 12th November 2021
quotequote all
SidewaysSi said:
braddo said:
Throttlebody said:
Sure, if your happy with your personal and introspective approach to a car discussion.

Fortunately, other people have a more broad view on the acquisition, ownership and life time cost to own or finance. It’s a large factor. It’s not a free product.
You are projecting your interest in the financing discussion onto others. Give it a rest.
+1. If you can't afford it, don't buy it.
Financing is of little interest to me but I believe it does have a big effect on sales numbers and therefore the potential "success" of the car and the company.

That said, its a tightrope as to whether too many cars produced negatively impact subsequent residuals.

You could argue that I couldn't afford it if I cannot suffer the loss of 100% of the cars value, but to my mind one of the big plus points of previous Lotus has been low depreciation and very reasonable running costs. As a pure indulgence that might only do a few hundred miles a month I can justify itself more than something that was costing me 4 figures a month to sit unused.

bcr5784

7,122 posts

147 months

Friday 12th November 2021
quotequote all
Throttlebody said:
Northernboy said:
Throttlebody said:
Strange view.

Cost to own, finance and residuals are as important as colour choice.
Well, to you, if you say so, but definitely not to everyone.

And that’s nothing to do with how much money someone has either. If I am discussing how a car drives, or looks, or about design philosophy, or choice of materials, the question of how some random on the web chooses to account for their purchase just doesn’t come into it.

People banging on about residuals just sucks the joy out of any discussion of a car.

It gets even worse when someone decides to start in on benefit-in-kind numbers.
Sure, if your happy with your personal and introspective approach to a car discussion.

Fortunately, other people have a more broad view on the acquisition, ownership and life time cost to own or finance. It’s a large factor. It’s not a free product.
I'm pretty sure losing a 100 grand in a year or so as you might with a McLaren or Honda NSX would suck the joy out of my ownership of a car.

av185

18,628 posts

129 months

Friday 12th November 2021
quotequote all
Throttlebody said:
av185 said:
Be interesting to know how many are actually interested in buying the Emira because of the car itself or because of the likely premiums ££ and excellent residuals i.e. low overall running costs which clearly makes owning one more attractive.

In complete contrast to e.g. new Mclarens.
Yes, It’s going to be significant for many now holding a deposit.

Recent attainable cars such as the Yaris GR, previously the Focus RS etc were flooding the used market at overs on release where it was clear to see buyers were only ever interested in premiums over list - not handling and 0-60.
Thing is, even enthusiasts are often persuaded to flip or sell within a short time frame with miniscule mileage and use depending on the actual premium ££ if it is high enough. The usual folks often deride this and I do to a degree but it is live and let live their car their choice entering the equation. As an extreme example I know someone who flipped their new delivery miles GT2 RS for £700k banking £420k profit...difficult to turn down of course but the other side of the coin is that technically he deprived a 'true enthusiast' of a build slot who ptesumably would have kept and used the car for its intended purpose.

The Emira won't fit this category of course but as previously posted residuals should be very strong along with first initial premiums even more so should Lotus succeed in retaining exclusivity and brand image despite the likely relatively high manufacturing numbers of c4k units for the UK over the cars production run.

Honeywell

1,381 posts

100 months

Sunday 14th November 2021
quotequote all
I can afford pretty much any car on sale. When you buy Combine harvesters or aircraft the price of cars looks fairly trivial. Boats make cars look like disposable white goods.

However, I am interested in residual value. A car only costs you what is loses in value + insurance + servicing. It won't be an expensive thing to insure and if the Evora is a guide it won't cost unusual amounts to service. Buying a >£60,000 toy is somewhat selfish and deprives my family of money I could spend on them, therefore, my enjoyment of it does depend to a degree on the thing not haemorrhaging money.

I'd hate to spaff a hundred grand on McLaren depreciation no matter how well it drove around a track. This is why Porsche easily sells its GT products. Rich people hate wasting money.

swisstoni

17,175 posts

281 months

Sunday 14th November 2021
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That seems like an odd thing for an incredibly rich person to worry about,

otolith

56,542 posts

206 months

Sunday 14th November 2021
quotequote all
swisstoni said:
That seems like an odd thing for an incredibly rich person to worry about,
I remember when the German discount supermarkets first opened in the UK. Their car parks were interestingly polarised between bangers and flash. Poor people and rich, tight people. I would not assume that someone who is rich doesn’t understand the value of money, particularly if they earned it.

Oilchange

8,524 posts

262 months

Sunday 14th November 2021
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Lots of different, slightly exotic, produce would attract people from all walks I'd imagine and the fact it's inexpensive...

Northernboy

12,642 posts

259 months

Sunday 14th November 2021
quotequote all
Honeywell said:
I can afford pretty much any car on sale. When you buy Combine harvesters or aircraft the price of cars looks fairly trivial. Boats make cars look like disposable white goods.
.
I really hope that you regret posting that.

If not, you have issues.

CaptainSensib1e

1,435 posts

223 months

Sunday 14th November 2021
quotequote all
Northernboy said:
Honeywell said:
I can afford pretty much any car on sale. When you buy Combine harvesters or aircraft the price of cars looks fairly trivial. Boats make cars look like disposable white goods.
.
I really hope that you regret posting that.

If not, you have issues.
Agreed, Pistonheads at its worst.

anonymous-user

56 months

Sunday 14th November 2021
quotequote all
CaptainSensib1e said:
Northernboy said:
Honeywell said:
I can afford pretty much any car on sale. When you buy Combine harvesters or aircraft the price of cars looks fairly trivial. Boats make cars look like disposable white goods.
.
I really hope that you regret posting that.

If not, you have issues.
Agreed, Pistonheads at its worst.
Peasants laugh