How to Sell an Alpine

How to Sell an Alpine

Author
Discussion

Colin P

429 posts

145 months

Monday 13th November 2023
quotequote all
bennno said:
But it sold further down the thread at 33k - so the loss to the owner was more.
My comment and calculations were based on £33k.

£52k -£33k =£19k in 5 years. £4k per year.

You’d lose on lot more in 5 years on, say a £52k BMW

That said, limited production car, I can see them staying north of £30k indefinitely. Typical Lotus like depreciation. Lose a lot in years 1/2 then they bobble about with seasonal pricing and a bit of economy impact but remain generally static for a long time.

Wills2

23,201 posts

177 months

Monday 13th November 2023
quotequote all
bennno said:
Colin P said:
Hothatch1977 said:
http://www.autotrader.co.uk/car-details/2023110336...

This was the Alpine on Collecting Cars that sold recently for £33,333….healthy mark up that if it goes for that price…..which is unlikely imo.
Let’s put this another way. List for a PE £52k. It 5 years old. £4k a year is not bad and this is considered to be a bargain.

It’s far closer to what it should be for a 5 year old car. I like many others bought new because the second hand values were so close to new as to be unrealistic.
But it sold further down the thread at 33k - so the loss to the owner was more.
How has he lost more than the 4k a year mentioned?







Brinyan

394 posts

95 months

Monday 13th November 2023
quotequote all
Terminator X said:
Brinyan said:
I first drove an A110 back in March, though wasn’t ready to get one. Back then there were no second hand ones below £45k. They’ve obviously dropped considerably since then & sure they’ll keep on dropping.
Not a good time for sellers for sure.
I imagine any potential buyer will hold on whilst prices are dropping. I’m holding for now, fortunate to have another car to enjoy in the mean time.
I even had a dealer contact me recently, 4 months after I drove a car they’re selling to see if I was still interested, as reading between the lines, they can’t shift the car, despite regularly reducing its price.
A bit like people waiting for the house price crash though, 15 years later still renting.

TX.
Yep, possibly.
But if a potential buyer of a second hand A110 is seeing the prices drop (of advertised cars) regularly, the majority will sit tight.
I know they’re missing out on the fun all the time they don’t have one, but parting with a large sum of money is a big decision - it certainly is for me.
I’m also expecting depreciation. I always do. Having fun costs money.

HokumPokum

2,052 posts

207 months

Monday 13th November 2023
quotequote all
completely rational.

I'm swayed by Gt4 RS (who wouldn't be?) and M4 CSL...

both had big market adjustments that are coming down and still more to go imo.

the interest rates will start biting soon so as much as I dun want to talk about it, reality is a different story. I think next 6 months will be ugly and it will get darker before it gets brighter.... These things go around, they always do.
Every manufacturer has over supplied by today's standards but think Alpine is the least ugly of the lot because it is a niche mkt.




Rocket.

1,521 posts

251 months

Tuesday 14th November 2023
quotequote all
I have been looking on and off for 6 months and finally bought a used A110S from a main dealer.

I wanted it on PCP and part of what was putting me off was the interest rates but managed to get 7.9% and knocked the price down to a level I was happy with, it was a car they had in stock for 6 months.

I suspect as inflation falls and interest rates, finance will come down further which maybe where we find the bottom, should I have waited? probably but then I think buying a car like this is as much a heart purchase as head and once I'd driven it was game over hehe

HokumPokum

2,052 posts

207 months

Tuesday 14th November 2023
quotequote all
great to hear.

for what's its worth Alpine is committed to being fully electric by 2026. That's 2 more years of A110 and with economy and interest rates soon to bite harder, I think they'll struggle with price increases and volume. The market isn't about to be flooded in my view and in the medium term, it's a great car and a canny buy. Maybe not so much the A110R as it is too expensive but certainly the S and cooking models.

jimmyslr

798 posts

275 months

Tuesday 14th November 2023
quotequote all
Rocket. said:
I have been looking on and off for 6 months and finally bought a used A110S from a main dealer.

I wanted it on PCP and part of what was putting me off was the interest rates but managed to get 7.9% and knocked the price down to a level I was happy with, it was a car they had in stock for 6 months.

I suspect as inflation falls and interest rates, finance will come down further which maybe where we find the bottom, should I have waited? probably but then I think buying a car like this is as much a heart purchase as head and once I'd driven it was game over hehe
Out of interest, what sort of headline price discount did you get? I was looking at price histories on auto trader and generally the moves downwards were small, but a definite trend over the last two months on used stock.

I’m in a similar boat of wanting to buy, but being in no rush. The models and generations are also very similar, a few bhp here and apple car play there, but prices can be or will soon be 20-30k apart for a new one vs a 2020 car with 5000 miles.

Without wishing to upset the purists, an early Premiere Edition for, say, £35k privately and then flash the ECU to 300bhp through Life110 or Litchfield sounds interesting. No reversing camera or apple car play, but other than that you have something very very similar to what’s on forecourts now for £67k.


Edited by jimmyslr on Tuesday 14th November 13:38

Rocket.

1,521 posts

251 months

Tuesday 14th November 2023
quotequote all
jimmyslr said:
Out of interest, what sort of headline price discount did you get? I was looking at price histories on auto trader and generally the moves downwards were small, but a definite trend over the last two months on used stock.

I’m in a similar boat of wanting to buy, but being in no rush. The models and generations are also very similar, a few bhp here and apple car play there, but prices can be or will soon be 20-30k apart for a new one vs a 2020 car with 5000 miles.

Without wishing to upset the purists, an early Premiere Edition for, say, £35k privately and then flash the ECU to 300bhp through Life110 or Litchfield sounds interesting. No reversing camera or apple car play, but other than that you have something very very similar to what’s on forecourts now for £67k.


Edited by jimmyslr on Tuesday 14th November 13:38
My budget was around £40k and I ended up buying a late 2019 A110s from an Alpine main dealer with 24,000 miles for just a smidge over that, it was originally listed at £46k earlier this year.

It has every option on it bar the subwoofer and would have been approx £66k new. It has 18" lightweight Fuchs, carbon roof, Iridescent white, storage pack, reverse camera, mirror pack and the carbon bucket seats which I might be wrong but I think are quite rare? Anyway it comes with a years warranty and has just been serviced with a new fuel pump added too for peace of mind.

I did toy with a lower priced Pure and then adding Life110 bits etc. but then the S has some of the bits I would want as intend to do 2-3 track days a year in the car.

I also toyed with 6 month old S in the matt grey which was lovely for about £57k but man maths couldn't really justify that and for me at least it would have been too nice to put on track really.

W12GT

3,558 posts

223 months

Tuesday 14th November 2023
quotequote all
I’d like to start by saying I’ve owned one of these, but only kept it about 4months for various reasons. So given I bought one I think it’s fair to say I loved the look.
However, I have seen two of these about very recently and on both occasions think they looked very dated - almost akin to a mk2 MR2 from the 90’s.

I think these are such a niche car that there aren’t that many buyers in the market - plus for most it’s a 2nd or 3rd car and I imagine that’s the market that is shrinking as the economic climate deteriorates.

Meonstoke

269 posts

104 months

Tuesday 14th November 2023
quotequote all
As eluded to earlier in the thread, the (sports) car market is clearly going through a transition.The market and economic dynamics have certainly changed; resulting in an awful lot of expensive cars not shifting from the forecourts. May be too earlier to talk of an actual crash but most certainly a normalisation of the sports / high end car market at the very least. It simply couldn't be sustained. JayEem's review of the 911 / Caymen market sums it up best I'd say - broadly mirroring the situation of competing / similar marques. See link: https://www.youtube.com/watch?v=Q8T4tq8Sc4Q

What this all means for the A110? Hard to say at this stage. But there are new A110's which have been sitting on the Dutch Alpine dealer forecourt for well over 6 months now. Begin 2022 they would have been sold by well before the summer of 2022...

How Alpine market the ICE A110 going forward for the next 2.5 years (or whatever period is left until 2026) may have some bearing I guess. I hope they don't go any further down the "porsche marketing" road than they have been doing in the last few years. Somewhat amusing given Alpine stated in the very beginning they'd "avoid chasing numbers" and going down the (Germanic) route of stiffer suspension and aero spoilers etc. Preferring instead to keep it all discreet and Gallic. And what do they go and do....! Perhaps not so clever afterall, and certainly not original. Who'd want to now play catch-up with Porsche...

If the forthcoming RS turns out to have superior performance (handing and/or engine tweak) than the R, then I'd imagine there'd be a few folks miffed at not having the "ultimate" A110 afterall. Can be a dangerous route; especially for a less prestigious marque to play the "me too" game and p*ss off their customer base.

Personally, I think it'd be a mistake for Alpine if they were to drop the base model as suggested may be the case for 2024 onwards. Basically, you'd be saying to the broad market that the 248 bhp model is the lesser model and therefore reduce their desirability in the market - which correspondingly will hit / reduce their residual values. (Note: clearly within the A110 enthusiast community, the 248 bhp model is most certainly not a lesser machine) But that enthusiasm and insight amongst a small band of brothers will not necessarily reflect itself in the broader car market when it comes to residuals - if Alpine drop what we currently refer to as the base model. Again, I can well imagine that a lot of 248 bhp model owners would be somewhat miffed at that development. The exceptions perhaps would be the early PE and those limited edition variants where there is some tangible differentiation c.f. the stock versions.

That said, going forward beyond 2026 and the end of the ICE production version; probably some of the more desirable and rare colours (Atelier or LE) may be worth a slight premium and/ or would be easier to sell than standard grey / white / and, dare I say it, Alpine Blue! Nice colour but there will be an awful lot in that shade by the time production ends. Again, looking at from the broader market perspective.

IMHO, they should keep the 248 bhp model as an option - it will also help Alpine in the future cherished used model market - the days of which are not too far ahead from today... I also hope Alpine in the last few years do not over-complicate their model range with too many side variants and meaningless badge LE's. It will not necessarily bring the same level of economic success for Alpine as it has / had for Porsche with all their 911 special variants - which they had 60 years to perfect, along with supportive market dynamics and a strong global brand desirability.

Overall though, I do think the A110 ICE models will be perceived positively in the long term market, with the stock models (Pure/GT/S) retaining 50%+ of their value. Special versions such as the R and RS will probably retain more; perhaps 75%. The R variants such as the Alonso and Le Mans, surely even more - certainly in the French market. But will folks really profit from them with prices doubling and more, etc? I have my doubts to be honest. Not unless Alpine can benefit from supportive market dynamics and build a strong global brand desirability to the level of Porsche. Can they do that with their EV platform? Time will tell but I suspect rivals such as Porsche / Ferrari will remain too far ahead - assuming they survive the current blip in the market which they will most likely.

There is however one possible new A110 variant for the 2024 year which would excite and tempt folks to experience Alpine - and that would be a Targa version - along the lines of the electric Terminite targa concept based on the current ICE model. There were rumours back in March that Alpine may introduce a removable roof panel version (along the same lines as the Porsche 944) during 2024. If this was launched for the ICE model and was proven to be a workable solution e.g. with the panels going behind the seats or into the frunk, then that would surely drive additional interest and sales.

Regarding the North America market to take up the production slack from the EU? That would be a real challenge. Renault tried before in the late 70's / early 80's - and failed miserably. A lot of water has gone under the bridge since - but it's no mean feat to create a quality dealership across the US & Canada and with the emphasis on customer service and quality. And to be ready for mid-2024? Perhaps a bridge too far for Alpine. I can't see US car enthusiasts accepting the low dealer distribution network, not with the size of the region. At the very least, the US network would need to be the size of the French dealer network, pro-rata. And that's a lot of new dealers and service centers to set up in a very small amount of time!

However you look at it, we live in exciting times for unique ICE sports cars such as the A110. We should all be glad to be part of that story. I know I am. Great car which never ceases to put a smile on my face!


volvos60s60

567 posts

216 months

Wednesday 15th November 2023
quotequote all
Just for context, I was offered a new unreg base model in a decent metallic colour model recently for £50K - makes the 4 years old ones with say 15-20K miles at £40K look overpriced.


Pistom

5,013 posts

161 months

Wednesday 15th November 2023
quotequote all
volvos60s60 said:
Just for context, I was offered a new unreg base model in a decent metallic colour model recently for £50K - makes the 4 years old ones with say 15-20K miles at £40K look overpriced.
Isn't it that the new one you've been offered reflects the price that has to be offered to tempt a shrinking market?

The 150+ cars on AT, many of which have been for sale for months now, tells me there's not many buying so the few who are, need an incentive to buy a specicific car.

That is usually a combination of factors - price being one of them.


Terminator X

15,227 posts

206 months

Wednesday 15th November 2023
quotequote all
^^ I doubt many sports cars of any marque get sold in the Winter.

TX.

Colin P

429 posts

145 months

Wednesday 15th November 2023
quotequote all
Terminator X said:
^^ I doubt many sports cars of any marque get sold in the Winter.

TX.
As a long term Lotus owner I would support this. So many times I have seen prices reduce at this time of the year and bounce back to previous levels in March/April.

That said, I bought in May having been looking since about Feb this year. My original plan was to "not spend very much", ie low £40s, but very few were under £45K and those that were didn't have any spec on them. I ended up spending more and buying new having come to the conclusion that the second hand prices just didn't make sense. I would say "unrealistic" but as the cars sold they clearly were realistic.

The second hand car I was most interested in was a 2 year old Legende with 9K on it. It was for sale at only £4K less than its list when new.

I actually bought a brand new facelifted car because I considered the second hand cars to be overpriced. Mine is a Pure (but every option to bring it up and past GT, other than it is 250HP). In other words it has a bigger spec than that Legende and was only £4K more than was being asked for it. To me that says that the second hand cars were way overpriced.

£35-40K for a 5 year old PE is not in my book a disaster - it's about right.

Edited by Colin P on Wednesday 15th November 17:20

7en

235 posts

13 months

Wednesday 15th November 2023
quotequote all
Meonstoke said:
As eluded to earlier in the thread, the (sports) car market is clearly going through a transition.The market and economic dynamics have certainly changed; resulting in an awful lot of expensive cars not shifting from the forecourts. May be too earlier to talk of an actual crash but most certainly a normalisation of the sports / high end car market at the very least. It simply couldn't be sustained. JayEem's review of the 911 / Caymen market sums it up best I'd say - broadly mirroring the situation of competing / similar marques. See link: https://www.youtube.com/watch?v=Q8T4tq8Sc4Q

What this all means for the A110? Hard to say at this stage. But there are new A110's which have been sitting on the Dutch Alpine dealer forecourt for well over 6 months now. Begin 2022 they would have been sold by well before the summer of 2022...

How Alpine market the ICE A110 going forward for the next 2.5 years (or whatever period is left until 2026) may have some bearing I guess. I hope they don't go any further down the "porsche marketing" road than they have been doing in the last few years. Somewhat amusing given Alpine stated in the very beginning they'd "avoid chasing numbers" and going down the (Germanic) route of stiffer suspension and aero spoilers etc. Preferring instead to keep it all discreet and Gallic. And what do they go and do....! Perhaps not so clever afterall, and certainly not original. Who'd want to now play catch-up with Porsche...

If the forthcoming RS turns out to have superior performance (handing and/or engine tweak) than the R, then I'd imagine there'd be a few folks miffed at not having the "ultimate" A110 afterall. Can be a dangerous route; especially for a less prestigious marque to play the "me too" game and p*ss off their customer base.

Personally, I think it'd be a mistake for Alpine if they were to drop the base model as suggested may be the case for 2024 onwards. Basically, you'd be saying to the broad market that the 248 bhp model is the lesser model and therefore reduce their desirability in the market - which correspondingly will hit / reduce their residual values. (Note: clearly within the A110 enthusiast community, the 248 bhp model is most certainly not a lesser machine) But that enthusiasm and insight amongst a small band of brothers will not necessarily reflect itself in the broader car market when it comes to residuals - if Alpine drop what we currently refer to as the base model. Again, I can well imagine that a lot of 248 bhp model owners would be somewhat miffed at that development. The exceptions perhaps would be the early PE and those limited edition variants where there is some tangible differentiation c.f. the stock versions.

That said, going forward beyond 2026 and the end of the ICE production version; probably some of the more desirable and rare colours (Atelier or LE) may be worth a slight premium and/ or would be easier to sell than standard grey / white / and, dare I say it, Alpine Blue! Nice colour but there will be an awful lot in that shade by the time production ends. Again, looking at from the broader market perspective.

IMHO, they should keep the 248 bhp model as an option - it will also help Alpine in the future cherished used model market - the days of which are not too far ahead from today... I also hope Alpine in the last few years do not over-complicate their model range with too many side variants and meaningless badge LE's. It will not necessarily bring the same level of economic success for Alpine as it has / had for Porsche with all their 911 special variants - which they had 60 years to perfect, along with supportive market dynamics and a strong global brand desirability.

Overall though, I do think the A110 ICE models will be perceived positively in the long term market, with the stock models (Pure/GT/S) retaining 50%+ of their value. Special versions such as the R and RS will probably retain more; perhaps 75%. The R variants such as the Alonso and Le Mans, surely even more - certainly in the French market. But will folks really profit from them with prices doubling and more, etc? I have my doubts to be honest. Not unless Alpine can benefit from supportive market dynamics and build a strong global brand desirability to the level of Porsche. Can they do that with their EV platform? Time will tell but I suspect rivals such as Porsche / Ferrari will remain too far ahead - assuming they survive the current blip in the market which they will most likely.

There is however one possible new A110 variant for the 2024 year which would excite and tempt folks to experience Alpine - and that would be a Targa version - along the lines of the electric Terminite targa concept based on the current ICE model. There were rumours back in March that Alpine may introduce a removable roof panel version (along the same lines as the Porsche 944) during 2024. If this was launched for the ICE model and was proven to be a workable solution e.g. with the panels going behind the seats or into the frunk, then that would surely drive additional interest and sales.

Regarding the North America market to take up the production slack from the EU? That would be a real challenge. Renault tried before in the late 70's / early 80's - and failed miserably. A lot of water has gone under the bridge since - but it's no mean feat to create a quality dealership across the US & Canada and with the emphasis on customer service and quality. And to be ready for mid-2024? Perhaps a bridge too far for Alpine. I can't see US car enthusiasts accepting the low dealer distribution network, not with the size of the region. At the very least, the US network would need to be the size of the French dealer network, pro-rata. And that's a lot of new dealers and service centers to set up in a very small amount of time!

However you look at it, we live in exciting times for unique ICE sports cars such as the A110. We should all be glad to be part of that story. I know I am. Great car which never ceases to put a smile on my face!
I don't think the base is going to disappear, only some base options like 17" wheels and non-folding mirrors, with a price increase reflecting that. I believe the only actual price increase will be on paint options but we'll see...

I suspect if the base increased to 300ps the GT and S would somewhat lose their appeal over speccing from scratch, not to mention used stock being harder to sell.

I don't believe there will be a Targa style A110 with the ICE car, but will surely come with the EV.

The used prices are dropping but not that rapidly, there have been ~£40k cars around for a while but mostly 18MYs. There's the odd one which sells for considerably less, but usually someone looking for a quick sale or trade in. It doesn't personally put me off considering a new car especially if you can get a good deal on a stock car, or afford to spec one at list and plan on keeping for a while. It's a special car which won't be around for much longer and a sure future classic, there's not many cars you can say that about nowadays.

Edited by 7en on Wednesday 15th November 19:43

Pistom

5,013 posts

161 months

Wednesday 15th November 2023
quotequote all
I certainly wouldn't let the recent price adjustment put me off buying a new one. It's just a bit tough on anyone needing to unload one in the next year or so.

Had it not been for Covid, the cars that were £40k a year ago would have been mid 30s then so I don't think there's anything to panic about.

kitcat7

122 posts

247 months

Thursday 4th January
quotequote all
Out of interest, I have been following a 2022 Abyss blue car with just over 4000 miles, on Collecting Cars online auction house and with only one hour left, and only a couple of bidders in the game, it has only reached £39,500 with just under £3,000 in fees to pay, so is beginning to look very cheap for someone. I suppose, as usual with these auctions, there could be a flurry of last minute bids, but nevertheless, I would be tempted, if only to get Apple Car Play and a decent sat nav. but then I have a perfectly good 2020 Legende with most of the extras and even my man maths won't stretch to two A110's.

If this car belongs to anyone here, my condolences, it has cost you a lot of money............

jimmyslr

798 posts

275 months

Thursday 4th January
quotequote all
kitcat7 said:
Out of interest, I have been following a 2022 Abyss blue car with just over 4000 miles, on Collecting Cars online auction house and with only one hour left, and only a couple of bidders in the game, it has only reached £39,500 with just under £3,000 in fees to pay, so is beginning to look very cheap for someone. I suppose, as usual with these auctions, there could be a flurry of last minute bids, but nevertheless, I would be tempted, if only to get Apple Car Play and a decent sat nav. but then I have a perfectly good 2020 Legende with most of the extras and even my man maths won't stretch to two A110's.

If this car belongs to anyone here, my condolences, it has cost you a lot of money............
Finished at 43k so c46k after buyer pays commission. 2022 main dealer cars are at 47 and up. Trade offers would be less than 43k (WBAC was 40k).

Seems a pretty good outcome for seller. I was watching it too but thought I’d not want to pay more than 40k + 3k commission. At prices above that I’d rather buy from a dealer with the associated assurances and come back.

mcmigo

126 posts

155 months

Monday 8th January
quotequote all
Finalised the deal to sell mine last week. The increased demands of teenage kids wanting to be ferried around made a second car with only 2 seats unsustainable. Went back to the main dealer I got it from- in return got a brand new esprit alpine clio and a good lump of cash.

My old car is for sale on the alpine St Albans website- -a 2020 legende with the retro wheels and brown interior. It was a sensational car to own for 3.5 years from new and absolutely bulletproof reliability wise in the time I had it.

The new esprit alpine Clio is a lovely bit of kit with lots of alpine details on it - albeit a very, very different steer than the a110.

7en

235 posts

13 months

Monday 8th January
quotequote all
mcmigo said:
Finalised the deal to sell mine last week. The increased demands of teenage kids wanting to be ferried around made a second car with only 2 seats unsustainable. Went back to the main dealer I got it from- in return got a brand new esprit alpine clio and a good lump of cash.

My old car is for sale on the alpine St Albans website- -a 2020 legende with the retro wheels and brown interior. It was a sensational car to own for 3.5 years from new and absolutely bulletproof reliability wise in the time I had it.

The new esprit alpine Clio is a lovely bit of kit with lots of alpine details on it - albeit a very, very different steer than the a110.
3.5 years with a family is a good run, at least now you know and there will always be a few on the market in the future.

The new Clio is a very handsome car, judging by the reviews I've seen it's a very smooth hybrid with a touch of firm sporty handling in it's DNA. I'm a big fan of the Clio and if we're honest, a hatchback of that calibre is all the car one really needs.

Interested to hear how you get on with it...