What’s the right price for a 991.2 GT3 ?
Discussion
GT4RS said:
Desert Dragon said:
Who cares debating re £3k? Not really material. I think its fair to say these cars are £10k-£15k behind list in trade today irrespective of spec.
If I’m being honest if it wasn’t for AV185 posting style I wouldn’t of even bothered replying. Desert Dragon I think you hit the nail on the head saying these cars are now 10k to 15k behind list trade value wise. Will a certain poster agree with your comment, I very much doubt it.
A 2015 650s Coupe with 5000 miles in Orange just gone up in classifieds at Bentley main dealer at #86k. List price circa #280k - sort of put things in perspective
https://www.pistonheads.com/classifieds/used-cars/...
Is this the beginning?
Desert Dragon said:
I should caveat my comment with if you can get a real bid even on a GT3. Market saturated currently and in a zombie state. Lots of cars not listed being hawked about seems many got into these as they believed overs would last. If you want to maximise overs you must sell early doors. Market fickle on overs always has been. Owners running them for 3 years 30k miles will easily suffer £1000 per month depreciation which is flipping brilliant when you think about what you're driving.
A 2015 650s Coupe with 5000 miles in Orange just gone up in classifieds at Bentley main dealer at #86k. List price circa #280k - sort of put things in perspective
https://www.pistonheads.com/classifieds/used-cars/...
Is this the beginning?
I think Macca’s are pretty much seeing the worst of it at the moment. Senna £170k below list. You can only think that someone who is selling a Senna so quickly bought it because they thought they’d make money on it....rather than I assume losing £200k on it. Ouch! And there are only 60 in the UK.A 2015 650s Coupe with 5000 miles in Orange just gone up in classifieds at Bentley main dealer at #86k. List price circa #280k - sort of put things in perspective
https://www.pistonheads.com/classifieds/used-cars/...
Is this the beginning?
https://www.internationalcollectables.com/Cars/For...
And I know of a 720s Spider that had to be sold....bid it got started with a 1 and numbers were not very big after that. Owner bought it for long term and circumstances changed. Another big ouch!
GT4RS said:
Just to recap the link you provided is if something sells above £200k where the fee is 15%. The part you choose to ignore is that if a car sells below 200k the fee is 12.5%. We have already discussed this part.
For anyone interested, I hope this clarifies any doubts that may exist regarding the buyers fees for this auction.This link takes you to RM Sotheby's page for the auction in question:
https://rmsothebys.com/en/auctions/lf19
If you scroll to the bottom of the page you can link to the 'Bidder's Conditions of Business'. Clause 9.5.1 is the relevant clause.
Edited by stevebu916 on Sunday 3rd November 15:00
Cheib said:
Desert Dragon said:
I should caveat my comment with if you can get a real bid even on a GT3. Market saturated currently and in a zombie state. Lots of cars not listed being hawked about seems many got into these as they believed overs would last. If you want to maximise overs you must sell early doors. Market fickle on overs always has been. Owners running them for 3 years 30k miles will easily suffer £1000 per month depreciation which is flipping brilliant when you think about what you're driving.
A 2015 650s Coupe with 5000 miles in Orange just gone up in classifieds at Bentley main dealer at #86k. List price circa #280k - sort of put things in perspective
https://www.pistonheads.com/classifieds/used-cars/...
Is this the beginning?
I think Macca’s are pretty much seeing the worst of it at the moment. Senna £170k below list. You can only think that someone who is selling a Senna so quickly bought it because they thought they’d make money on it....rather than I assume losing £200k on it. Ouch! And there are only 60 in the UK.A 2015 650s Coupe with 5000 miles in Orange just gone up in classifieds at Bentley main dealer at #86k. List price circa #280k - sort of put things in perspective
https://www.pistonheads.com/classifieds/used-cars/...
Is this the beginning?
https://www.internationalcollectables.com/Cars/For...
And I know of a 720s Spider that had to be sold....bid it got started with a 1 and numbers were not very big after that. Owner bought it for long term and circumstances changed. Another big ouch!
That 650s with 5000 miles was circa £280k ish new. Lets say it stands Bentley in at 70k as a Bentley dealer won't deal on a car without £15k profit to make their higher over heads work. Thats a crazy £210k depreciation over 3 /4 years and 5000 miles. Unacceptable even if you're a zillionaire let alone a mere mortal with mortgage and 2.5 children at private schools. That car has cost 42 pounds per mile in depreciation alone. Add in the glitches and you have shall we say a fairly unique Mclaren Life experience. Those that come on these boards say don't care about the depreciation, jog on etc, are in denial in my opinion. They get properly offended if you post the facts on their forum
Desert Dragon said:
Frightening re Senna and a new 720 Spyder which should theoretically at least be in demand being the latest soft top offering? Or were the Mcl dealers just taking your friends trousers down as this is what Mcl dealers have become accustomed to doing? Really shouldn't be happening on a del miles 720 Spyder let alone limited numbers Senna.
:
The 720s was a “I need to sell” conversation.....no dealers wanted to bid. Ultimately someone put a bid on it at a level where they can’t lose money. In a market like this a buyer for a big group or even a specialist dealer is only going to buy a car outright where they know 110% that can sell it without losing money...take a car into stock at the wrong price and you’re looking at a P45. :
It was a big spec car too...well over £300k invoice.
Cheib said:
Desert Dragon said:
Frightening re Senna and a new 720 Spyder which should theoretically at least be in demand being the latest soft top offering? Or were the Mcl dealers just taking your friends trousers down as this is what Mcl dealers have become accustomed to doing? Really shouldn't be happening on a del miles 720 Spyder let alone limited numbers Senna.
:
The 720s was a “I need to sell” conversation.....no dealers wanted to bid. Ultimately someone put a bid on it at a level where they can’t lose money. In a market like this a buyer for a big group or even a specialist dealer is only going to buy a car outright where they know 110% that can sell it without losing money...take a car into stock at the wrong price and you’re looking at a P45. :
It was a big spec car too...well over £300k invoice.
My mate with his 650s spider is disgruntled but paid outright and wants to keep it.
On the other hand, he traded his Elise S in last week for the yellow Exige that was advertised in Leeds and all it'd cost him in depreciation was £3k. Swings and roundabouts.
Plus, I guess it also proves the rule that selling to a dealer, rather than p-exing is nearly always a weaker proposition.
On the other hand, he traded his Elise S in last week for the yellow Exige that was advertised in Leeds and all it'd cost him in depreciation was £3k. Swings and roundabouts.
Plus, I guess it also proves the rule that selling to a dealer, rather than p-exing is nearly always a weaker proposition.
Digga said:
My mate with his 650s spider is disgruntled but paid outright and wants to keep it.
On the other hand, he traded his Elise S in last week for the yellow Exige that was advertised in Leeds and all it'd cost him in depreciation was £3k. Swings and roundabouts.
Plus, I guess it also proves the rule that selling to a dealer, rather than p-exing is nearly always a weaker proposition.
I think the losses are so great on an Mcl there should be a disclaimer on the invoice explaining to new owners what sort of a roller coaster ride they're potentially in for. Really think its as bad as that as all I can currently see is smoke and mirrors. I wouldn't even let the product out the door unless it was 100%. I'm seeing launch vids of new Mcl GT (carwow) where the car is glitching on test believe it or not. there's no way that the new owner of 720s spyder would buy if he had known he was potentially going to get bid less than or equal to 50% of £300k MSRP.On the other hand, he traded his Elise S in last week for the yellow Exige that was advertised in Leeds and all it'd cost him in depreciation was £3k. Swings and roundabouts.
Plus, I guess it also proves the rule that selling to a dealer, rather than p-exing is nearly always a weaker proposition.
stevebu916 said:
GT4RS said:
Just to recap the link you provided is if something sells above £200k where the fee is 15%. The part you choose to ignore is that if a car sells below 200k the fee is 12.5%. We have already discussed this part.
For anyone interested, I hope this clarifies any doubts that may exist regarding the buyers fees for this auction.This link takes you to RM Sotheby's page for the auction in question:
https://rmsothebys.com/en/auctions/lf19
If you scroll to the bottom of the page you can link to the 'Bidder's Conditions of Business'. Clause 9.5.1 is the relevant clause.
Edited by stevebu916 on Sunday 3rd November 15:00
This has put another twist on it, as 9.2.1.reads In the event of a final Hammer Price of US$250,000 and below on all motor car lots, RMS will receive a Buyers’ Premium of 12%.
If that’s the case the numbers still don’t add up?
100k sale price
12k fees
2,400k vat
Sale price £114,400
GT4RS said:
Hi Stevebu916
This has put another twist on it, as 9.2.1.reads In the event of a final Hammer Price of US$250,000 and below on all motor car lots, RMS will receive a Buyers’ Premium of 12%.
If that’s the case the numbers still don’t add up?
100k sale price
12k fees
2,400k vat
Sale price £114,400
9.5.1 not 9.2.1This has put another twist on it, as 9.2.1.reads In the event of a final Hammer Price of US$250,000 and below on all motor car lots, RMS will receive a Buyers’ Premium of 12%.
If that’s the case the numbers still don’t add up?
100k sale price
12k fees
2,400k vat
Sale price £114,400
Blowfish said:
Guys what would a manual grey with black wheels, 3k Miles, 2018 car with ceramics, 918 buckets and front lift go for?
This is turning out to be a very entertaining thread..reminds me a bit of how the Brexit negotiations are leading ie nowhere in a hurry..In terms of your question,i'll be as diplomatic as possible..
According to some on here its worth at least £150K whereas others will counter with a valuation of £120K..The true value is somewhere in the middle IMO.
Desert Dragon said:
Digga said:
My mate with his 650s spider is disgruntled but paid outright and wants to keep it.
On the other hand, he traded his Elise S in last week for the yellow Exige that was advertised in Leeds and all it'd cost him in depreciation was £3k. Swings and roundabouts.
Plus, I guess it also proves the rule that selling to a dealer, rather than p-exing is nearly always a weaker proposition.
I think the losses are so great on an Mcl there should be a disclaimer on the invoice explaining to new owners what sort of a roller coaster ride they're potentially in for. Really think its as bad as that as all I can currently see is smoke and mirrors. I wouldn't even let the product out the door unless it was 100%. I'm seeing launch vids of new Mcl GT (carwow) where the car is glitching on test believe it or not. there's no way that the new owner of 720s spyder would buy if he had known he was potentially going to get bid less than or equal to 50% of £300k MSRP.On the other hand, he traded his Elise S in last week for the yellow Exige that was advertised in Leeds and all it'd cost him in depreciation was £3k. Swings and roundabouts.
Plus, I guess it also proves the rule that selling to a dealer, rather than p-exing is nearly always a weaker proposition.
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