Will Coronavirus hit used car prices? (Vol 2)
Discussion
I've mentioned it before, but there appears to be alot of Tesla M3s for sale currently (over 520 on AT as of today).
£50k for a 2 year old PE version looks steep considering most of these purchases are company funded from new to take advantage of the tax breaks..
What is the used market for these like?
£50k for a 2 year old PE version looks steep considering most of these purchases are company funded from new to take advantage of the tax breaks..
What is the used market for these like?
AlexNJ89 said:
TGE selling off a chunk of his fleet.
I'm being a nosey little speculator and thinking it may just be to get out of some cars to hedge against a severe recession to ensure he keeps his head above water.
Isn't this what he regularly does? i.e. buys cars, runs them on the business, talks up their values and then makes a hefty profit at the end regardless of market cycle. Pretty good business model I would say.I'm being a nosey little speculator and thinking it may just be to get out of some cars to hedge against a severe recession to ensure he keeps his head above water.
Edited by BlackR8 on Thursday 15th September 10:02
AlexNJ89 said:
TGE selling off a chunk of his fleet.
I'm being a nosey little speculator and thinking it may just be to get out of some cars to hedge against a severe recession to ensure he keeps his head above water.
Having watched the video I got the impression that he was putting hundreds of thousands of pounds into a project which should mean he is set for life. He is potentially selling three of his cars to put the money into this project instead.I'm being a nosey little speculator and thinking it may just be to get out of some cars to hedge against a severe recession to ensure he keeps his head above water.
He is keeping the Porsche Carrera GT so I doubt he is at risk of being on the streets just yet.
Ahonen said:
chickenbarns said:
-CB
Why do you keep adding this to your posts? I assume your full name isn't Mr Chicken Barns, so you aren't signing your initials.chickenbarns said:
One red car not selling does not reveal many things about the entire market.
-CB
No it doesn’t but when they say cars at the top end are flying out the door they’re not! The red one sticks out like a sore thumb whereas it would be harder to keep track of the sea of black ones-CB
ghost83 said:
No it doesn’t but when they say cars at the top end are flying out the door they’re not! The red one sticks out like a sore thumb whereas it would be harder to keep track of the sea of black ones
So black is a more popular colour than dog knob red? Which may be why the red one is still for sale as very few people want a red one.I'd personally prefer a proper colour car, I'm also in the minority as its hard to find what I would class as a decent colour car!
Fast Bug said:
So black is a more popular colour than dog knob red? Which may be why the red one is still for sale as very few people want a red one.
I'd personally prefer a proper colour car, I'm also in the minority as its hard to find what I would class as a decent colour car!
I’d have thought a lot of people like the bright colours like the red greens white blue, certainly suits the carI'd personally prefer a proper colour car, I'm also in the minority as its hard to find what I would class as a decent colour car!
ghost83 said:
Fast Bug said:
So black is a more popular colour than dog knob red? Which may be why the red one is still for sale as very few people want a red one.
I'd personally prefer a proper colour car, I'm also in the minority as its hard to find what I would class as a decent colour car!
I’d have thought a lot of people like the bright colours like the red greens white blue, certainly suits the carI'd personally prefer a proper colour car, I'm also in the minority as its hard to find what I would class as a decent colour car!
Fast Bug said:
I sold new Porsche a few years ago and the amount of people that said they'd order red/yellow/snot green or whatever and then when it came to spec the car went for resale silver was ridiculous.
Oh I love the bright colours! I’m loving shark blue on the 911 at the mo, I can u sweat and why people go red on a Ferrari though MuddyK said:
Just out of curiosity/interest, how many cars should a supercar dealer stock?
I deliver to the petrol station across from the McLaren Showroom in Leeds. Whilst admiring the metal, I did think there's a lot of McLaren's in the car park.
A lot might be in for service I deliver to the petrol station across from the McLaren Showroom in Leeds. Whilst admiring the metal, I did think there's a lot of McLaren's in the car park.
Nice garage though is that and the lambo dealer,
Gassing Station | General Gassing | Top of Page | What's New | My Stuff