Private sale 458 or 430 scuderia?
Discussion
100 IAN said:
Exactly as jimmyslr says.
Those that instantly think what i'm saying is rubbish, don't be too hasty.
.....
jimmyslr gets his £180k and buyer gets Scud for £185k when dealer was asking £210k
Trust me, I've done it.
I think this is very fair distinction.....once you get into specialist "almost classic" cars the spread becomes much bigger...dealers are generally reluctant to put their own money in unless there is big spread.Those that instantly think what i'm saying is rubbish, don't be too hasty.
.....
jimmyslr gets his £180k and buyer gets Scud for £185k when dealer was asking £210k
Trust me, I've done it.
This is not currently the situation with 458s Ferraris (other than 458 Speciales where the spread is now near 20%)
I think dealer margins are at least 15%....bloke I work with just tried selling his Bentley Conti GT....relatively new car good spec, low miles etc. Not my cup of tea but a desirable car. The specialist dealers were all happy to buy the car outright but wanted 20% margin for their trouble....and that seemed to be the case across the board...two or three definitely wanted to buy the car but used every sob story in the book to justify their 20%. He gave up in the end and traded it in against a new car.
If 20% is the case then its really annoying. I would happily split the difference and pay the seller 10% more than the trader will.
Exactly what I want is up sor with a main dealer. I want to pay 10% less than advertised price. Trader says owner wont go for it. If I was dealing direct the price would probably be fine as im guessing that 2yrs warranty and the commission comes to more than the 10% I want off!! Frustrating.
Exactly what I want is up sor with a main dealer. I want to pay 10% less than advertised price. Trader says owner wont go for it. If I was dealing direct the price would probably be fine as im guessing that 2yrs warranty and the commission comes to more than the 10% I want off!! Frustrating.
845ste said:
I remind you that the normal 458 turns in fiorano "x" sec faster than the scuderia ....
You think it can do the speciale....
also ,the amzing design is light years ahead of the 430
Speciale rules as king but the Scud can still do more than hold its own to the vanilla 458...You think it can do the speciale....
also ,the amzing design is light years ahead of the 430
https://youtu.be/Ry_Ywh8I9-4
jimmyslr said:
Sarnie said:
Ian,
Sorry, but you are wrong.......a dealer may have 15% margin in a stock owned car....but not an SoR car.
I sold a car for £126k via The Supercar Rooms for a flat £5k SoR fee...........think Alastair Bols is about £4k.....certainly not £18k (15%!).
If a dealer invests their own money into a car, they will naturally look to buy at the lowest possible point and sell at the highest, to attain their 15% margin.
The whole benefit of SoR is so that the dealer does not have to use their own money to buy the car and the seller does not have to sell at the stupidly low trade values.....sellers gets near retail price and dealer earns circa £5k for taking some photo's and listing the car for sale....
I not sure that's what Ian meant. I think he's saying the owner would have been offered the dealer buy-in price of retail less 15% margin and declined it as too low. Anything over that is an improvement, so Ian is saying there could be scope for a good deal somewhere in that range. One would need to allow for the SoR fee also so north of buy-in plus SoR fee in this example. Sorry, but you are wrong.......a dealer may have 15% margin in a stock owned car....but not an SoR car.
I sold a car for £126k via The Supercar Rooms for a flat £5k SoR fee...........think Alastair Bols is about £4k.....certainly not £18k (15%!).
If a dealer invests their own money into a car, they will naturally look to buy at the lowest possible point and sell at the highest, to attain their 15% margin.
The whole benefit of SoR is so that the dealer does not have to use their own money to buy the car and the seller does not have to sell at the stupidly low trade values.....sellers gets near retail price and dealer earns circa £5k for taking some photo's and listing the car for sale....
I sold a Scud privately in summer 2015. The market was frothy, retail was c210k and I was offered 155-170 by dealers. They all had too much stock that wasn't shifting but nobody wanted to take down list price. I sold at 180 privately. Everyone was happy.
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