Noble market?
Author
Discussion

johns355

Original Poster:

543 posts

177 months

Saturday 8th June 2013
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Hi fellas, I'm hoping to be in the market for a well looked after 3R in a couple of weeks, I'm quite fortunate to be living near Kerridges. Is it just me or does their stock of cars they've got there just not shifting very quick? Obviously there pricing is at the higher end because of who they are and the service they offer, but is it probably a bit too high? And if you were buying one what sort of deal would you expect for your money (being realistic without taking the p)? cheers John.

sjc

15,805 posts

293 months

Saturday 8th June 2013
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You have a PM.

sunoco69

5,274 posts

188 months

Saturday 8th June 2013
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Hmmm I keep getting itchy feet to re-join the fold as well. Must be the sunshine or do I just miss Matt's bacon sarnies?

chrispeter40

29 posts

158 months

Sunday 9th June 2013
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Hi John I brought mine from there about a year ago and it's a great place to buy from. You'll pay about 1 to 2 thousand less than mole valley and there good at getting it just right for you. They prob don't sell a lot but won't sell cheap just to get rid of their stock which is a good thing. My car hasn't lost any money in the last year so can't be bad

2.5bluenob

1,620 posts

199 months

Monday 10th June 2013
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chrispeter40 said:
Hi John I brought mine from there about a year ago and it's a great place to buy from. You'll pay about 1 to 2 thousand less than mole valley and there good at getting it just right for you. They prob don't sell a lot but won't sell cheap just to get rid of their stock which is a good thing. My car hasn't lost any money in the last year so can't be bad
So you think you could sell it for what you brought it for?

sjc

15,805 posts

293 months

Monday 10th June 2013
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2.5bluenob said:
chrispeter40 said:
Hi John I brought mine from there about a year ago and it's a great place to buy from. You'll pay about 1 to 2 thousand less than mole valley and there good at getting it just right for you. They prob don't sell a lot but won't sell cheap just to get rid of their stock which is a good thing. My car hasn't lost any money in the last year so can't be bad
So you think you could sell it for what you brought it for?
3R's are (at least) the same money as 5 years ago

simonx50

818 posts

183 months

Monday 10th June 2013
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I can't ever see these cars dropping in value much if anything they will appreciate.. at the end of the day its a 'noble'

AMG Merc

11,955 posts

276 months

Monday 10th June 2013
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M12 depreciation, after ten years, seems to have levelled out at approx. 50-60% We should all be well chuffed clap

The average loss of a new car after three years is 60% (AA/ Car Dealer) - and then a further 20% a year. So, this would make a ten year old M12 worth around £5450 yikes

FYI, read the following article...

"Supercars retain their value better than most, with the Audi R8 and Ferrari 430 dropping less than 29% over four years, and the Lamborghini Gallardo decreasing by only 31%."

- But they don't say what the number is over ten years.

An interesting comment here...
"The study also showed that Leicester is the cheapest city in the UK to buy a used car in 2013, with the average popular motor £544 cheaper than other UK cities."

- Maybe Noble newbies should be ringing up Leicester dealers for a Nob bargain laugh

Full article: http://cardealermagazine.co.uk/publish/british-car...

2.5bluenob

1,620 posts

199 months

Monday 10th June 2013
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sjc said:
2.5bluenob said:
chrispeter40 said:
Hi John I brought mine from there about a year ago and it's a great place to buy from. You'll pay about 1 to 2 thousand less than mole valley and there good at getting it just right for you. They prob don't sell a lot but won't sell cheap just to get rid of their stock which is a good thing. My car hasn't lost any money in the last year so can't be bad
So you think you could sell it for what you brought it for?
3R's are (at least) the same money as 5 years ago
SJC, it was a bit of tongue and cheek - meaning the op will never get the same money as he paid because he purchased from a stealer.
Yep i agree prices have not dropped since i became an owner( five years ago) in fact i think mine has gone up in value even without the mods I've done.

DJWuk

1,671 posts

204 months

Monday 10th June 2013
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A dealers going to want £5k+ margin on such a car, especially with length of time it can take to sell, any repaired needed etc. So you potentially lose that the moment you drve off the forecourt, if you wanted to sell back to trade.

However if you buy privately at a fair price, no reason you can't sell for similar money down the line.

Just my 2p based on my dealings with sport cars, plus research on what people have sold Nobles to trade for in last couple of years.

Darn expensive things, cars silly

Dave

5paulmv

1,250 posts

194 months

Monday 10th June 2013
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You get what you pay for iff you pay strong money its cos car feels right most off these cars are sorted and a bad one will stand out more than a good one

Jarcy

1,559 posts

298 months

Monday 10th June 2013
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Well chuffed then if Nobles have reached the bottom of their depreciation curve, as today I collected my new 3R!
A stunning car in every way. And now you tell me there'll be no depreciation on it. biggrin
Of course, I've no plans to sell.

andygtt

8,345 posts

287 months

Tuesday 11th June 2013
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2.5bluenob said:
SJC, it was a bit of tongue and cheek - meaning the op will never get the same money as he paid because he purchased from a stealer.
Yep i agree prices have not dropped since i became an owner( five years ago) in fact i think mine has gone up in value even without the mods I've done.
same for mine as well... paid 23k for my car and it was mint and 11k miles... similar car would be above 25k now!
of cause mine is modded heavily now so who knows what the values of these kind of cars are.

Blu3R

2,380 posts

222 months

Tuesday 11th June 2013
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Here's my 2p - if you want a Noble now, go and look at what's advertised. If you're willing to wait an infinite time until 'the perfect car' hits the market then do that. Don't baulk at the prices listed if they're all similar to one another and relevant to spec. These cars appeal to a very small market and fortunately there's very few of them in existence so if you want one you'll just have to pay the price.
Mine didn't come from Kerridges but I did visit them when i was searching and they were great.

Remember they're not on every street and in thousands of specialist dealers, you're not buying a 911. If you pass one up that suits you but is a couple of grand dearer than you 'think' it should be, what's to say the next one you like isn't 4 grand too dear?

Having kept an eye on classifieds for a while it's clear to see some are trying their luck while others are pretty much giving them away. Personally I'd say an average mileage (which I'd call 6k/yr on something of this ilk) GTO should be 18-20k this summer. GTO3 around 22-26, 3R poss 25-30 and M400 start at 40.

Gadgeroonie

5,362 posts

259 months

Tuesday 11th June 2013
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i don't think i will ever sell mine - imagine the trouble trying to find another one !

if you want a good car you need to contact a potential buyer and nag him till he sells up - could take years !

sjc

15,805 posts

293 months

Tuesday 11th June 2013
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Blu3R said:
Here's my 2p - if you want a Noble now, go and look at what's advertised. If you're willing to wait an infinite time until 'the perfect car' hits the market then do that. Don't baulk at the prices listed if they're all similar to one another and relevant to spec. These cars appeal to a very small market and fortunately there's very few of them in existence so if you want one you'll just have to pay the price.
Mine didn't come from Kerridges but I did visit them when i was searching and they were great.

Remember they're not on every street and in thousands of specialist dealers, you're not buying a 911. If you pass one up that suits you but is a couple of grand dearer than you 'think' it should be, what's to say the next one you like isn't 4 grand too dear?
Agreed.

Mattt

16,664 posts

241 months

Tuesday 11th June 2013
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I bought my TVR from Oliver at Kerridges, everything went smoothly and they sorted out any minor issues promptly. Oliver even came in on his day off specially (Sunday) so I could drop the car back to them for some work.

I'd give him a call and arrange to go and have a look smile

TIGERSIX

969 posts

254 months

Tuesday 11th June 2013
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If you are looking for a bargain I think you might have missed the boat, I got lucky in 2008 it would cost me 30k plus to buy the same again .