so whats an 06 gallardo spyder worth
so whats an 06 gallardo spyder worth
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franki68

Original Poster:

11,704 posts

252 months

Wednesday 29th June 2011
quotequote all
I really would like to name and shame on here,but I wont..but here are some prices ive been offered as a part ex, for my car.


£78k
£75k x 2
£65k x 2
£60k


worst offenders...lamborghini dealers.Best offers ...independant garages.

this is for a car that will retail at 85k .

StuartMcKay

1,138 posts

253 months

Wednesday 29th June 2011
quotequote all
What is the mileage?

Based on an 0606 E gear @ 10k the car books at retail: £80,250 Trade price: clean £68,100. Average £64,800 & £61,500 so if you have been offered £78k to trade in that means one of 3 things.

1) The car that you are looking has a shedload of profit in it and is subsidising your part exchange price.

2) The car that you are looking at has been in stock for a very long time and the dealer just wants to get rid of it.

3) The dealer has someone for your car already and can make 2 sales in a short space of time.

Dealers in this type of market place have to have bigger margins as the market has a much smaller percentage of potential customers than say Ford or Nissan. + when someone is interested they will more than likely have a trade in too which normally means that they will use some of the profit in your car to make the trade in value seem more attractive. Then you add on a service and a warranty and all of a sudden you've gone from making 12k to making £4k....then you have to pay the salesman. Also, if that car doesn't sell and is on your forecourt for 3,4,5 months it will normally depreciate (I say normally but your car has actually increased in value since May....) which has to be written off.

Who said car sales was easy whistlebiggrin


Edited by StuartMcKay on Wednesday 29th June 12:59

BPD

435 posts

229 months

Wednesday 29th June 2011
quotequote all
Personally I would say that the 75 and 78 offers are about right for a dealer. Will be interesting to see what others think though as I have one too that I am thinking about selling.

johnnyreggae

3,171 posts

191 months

Wednesday 29th June 2011
quotequote all
85 retail is negotiated down to 80 less warranty 2-5 profit 5 preparation 2-5 plus some vat so anything more than 65 isn't worth it for a dealer - lets see you sell it yourself for somewhere near that money !

Oh and I'm guessing these are without seeing the cars by phone without a specific car to trade against so apart from trying to find another excuse to dealer-bash what does it prove?

Edited by johnnyreggae on Wednesday 29th June 13:01

franki68

Original Poster:

11,704 posts

252 months

Wednesday 29th June 2011
quotequote all
johnnyreggae said:
85 retail is negotiated down to 80 less warranty 2-5 profit 5 preparation 2-5 plus some vat so anything more than 65 isn't worth it for a dealer - lets see you sell it yourself for somewhere near that money !
THe car needs no prep apart from a new fornt tyre and a buff on the fornt corner where someone sat on it.It was serviced 3 weeks ago and had any issues taken care of.It is identical condition to the car I bought from lamborghini last year,apart from an extra 2500 miles on it.The warranty costs them about 2k .
I wouldnt expect to get 85k for it selling it myself,but i feel the piss is being taken .One lambo dealer offered me high 70s in one conversation direct with me,then when another dealer offered them my car they came back at 65k.same car ,same dealer 10k difference.

UH-Matt

2,173 posts

271 months

Wednesday 29th June 2011
quotequote all
Why not sell privately? I sold my 07 Spyder privately through PH within a couple of days of advertising it.

I advertised it at the price I wanted and made it clear I would not be taking any offers.

I bet you could get MORE than £80k for it via PH fairly quickly.

355f

516 posts

279 months

Wednesday 29th June 2011
quotequote all
This is nothing new im afraid.

I posted some years ago when I purchase my slightly used G in 05 for c£95K I had bids the scared the life out of me, there were less independents then of course.

Bids i had at the time were 30K lower at 65K , eventually sold for 72K

Things havent changed by the look of it, very expensive and heavy depreciators compared to ferrari

Try5t

722 posts

239 months

Wednesday 29th June 2011
quotequote all
franki68 said:
I really would like to name and shame on here,but I wont..but here are some prices ive been offered as a part ex, for my car.


£78k
£75k x 2
£65k x 2
£60k


worst offenders...lamborghini dealers.Best offers ...independant garages.

this is for a car that will retail at 85k .
You sound surprised?

I am always prepared for a comedy offer from a dealer when it comes times to sell - and every performance marque seems to be the same.

Sold the last two cars privately and within a matter of days completely hassle free. However, cars like this will attract some dreamers in my experience so price in some hassle as well to any prices you get quoted.

Some cars have definitely depreciated well this year though .. good 430 spiders seem to be on the way back up!! biggrin .. and the blue ones are faster wink


UH-Matt

2,173 posts

271 months

Wednesday 29th June 2011
quotequote all
355f said:
Things havent changed by the look of it, very expensive and heavy depreciators compared to ferrari
Very wrong.

Gallardos are depreciating less than Ferraris. And this comes from someone who sold a Gallardo to buy an F430. I made profit on the Gallardo and fully expect to lose lots on the F430.

355f

516 posts

279 months

Wednesday 29th June 2011
quotequote all
UH-Matt said:
Very wrong.

Gallardos are depreciating less than Ferraris. And this comes from someone who sold a Gallardo to buy an F430. I made profit on the Gallardo and fully expect to lose lots on the F430.
You made a profit on the gallardo because when you bought it the prices for these were depressed!! dont mistake the timing issue.

All things being equal you would have lost a lot.

Of course you will lose a lot on the 430 because the newer model depreciates the older one!

franki68

Original Poster:

11,704 posts

252 months

Wednesday 29th June 2011
quotequote all
430 prices ar eon theup,but surely the rarityof the gallardo shoul d be keeping the prices up ?

I am not suprised at dealers trying to steal the car,but am suprised by how much variation there is in valuation.

As for selling privately..how do you filter out the timewasters ? Yes i reckon at 80k it should sell ,but its dealing with all the wannabe test pilots .

70proof

6,158 posts

186 months

Wednesday 29th June 2011
quotequote all
franki68 said:
As for selling privately..how do you filter out the timewasters ? Yes i reckon at 80k it should sell ,but its dealing with all the wannabe test pilots .
i would say easy.... unless they have owned a gallardo before/are an expert mechanic, a test drive will not tell them if anything is wrong..... i am going to buy without driving the car i will buy most probably... get an inspection from say mike/emblem, for 280 quid, and then if anyone calls, say here's the report, if you wanna buy, buy and drive....

70proof

6,158 posts

186 months

Wednesday 29th June 2011
quotequote all
355f said:
Things havent changed by the look of it, very expensive and heavy depreciators compared to ferrari
all new cars depreciate, period.....some more than others...

the second hand market is a different kettle of fish.... G's are defo gaining value, as there are so few good one;s around....

i have an issue of car printed march 2009 at time of the crash, saying an 04 g can be had from lambo main dealer for 59k..... low mileage 04's are selling for 69k at present!!!!

355f

516 posts

279 months

Wednesday 29th June 2011
quotequote all
70proof said:
all new cars depreciate, period.....some more than others...

the second hand market is a different kettle of fish.... G's are defo gaining value, as there are so few good one;s around....

i have an issue of car printed march 2009 at time of the crash, saying an 04 g can be had from lambo main dealer for 59k..... low mileage 04's are selling for 69k at present!!!!
well of course we know new cars depreciate! the issue is I think that the dealer network for lambo is far more limited thna ferrari- so no real competition to buy the cars in the market. So its a private sale ( if your lucky) or sell it at the market rate or less to a main dealer ( providing he wants it)

Gibson70

464 posts

236 months

Wednesday 29th June 2011
quotequote all
Frankie,

Send me the details of your Gallardo and I have a friend who is looking for a Gallardo Spyder. He is prepared to pay a top top price if it is the right car. No finance is required - a cash buyer :-)

Cheers

franki68

Original Poster:

11,704 posts

252 months

Wednesday 29th June 2011
quotequote all
70proof said:
i would say easy.... unless they have owned a gallardo before/are an expert mechanic, a test drive will not tell them if anything is wrong..... i am going to buy without driving the car i will buy most probably... get an inspection from say mike/emblem, for 280 quid, and then if anyone calls, say here's the report, if you wanna buy, buy and drive....
thats a very useful idea.

franki68

Original Poster:

11,704 posts

252 months

Wednesday 29th June 2011
quotequote all
70proof said:
all new cars depreciate, period.....some more than others...

the second hand market is a different kettle of fish.... G's are defo gaining value, as there are so few good one;s around....

i have an issue of car printed march 2009 at time of the crash, saying an 04 g can be had from lambo main dealer for 59k..... low mileage 04's are selling for 69k at present!!!!
The current appreciation has to stop though at some point.I also notice a huge amount of dealer stock is not selling ,there are some cars at dealers that have been there for months and months.A

70proof

6,158 posts

186 months

Wednesday 29th June 2011
quotequote all
The cars in the 70-90k bracket are shifting as they are the ones going overseas dealer stock tends to be lp560 on

70proof

6,158 posts

186 months

Wednesday 29th June 2011
quotequote all
franki68 said:
I really would like to name and shame on here,but I wont..but here are some prices ive been offered as a part ex, for my car.


£78k
£75k x 2
£65k x 2
£60k


worst offenders...lamborghini dealers.Best offers ...independant garages.

this is for a car that will retail at 85k .
i would price your car against jperformance cars, as he only gives a standard 3 month warranty with his car at the price given.... did u ask him btw?

70proof

6,158 posts

186 months

Wednesday 29th June 2011
quotequote all
in a similar vane, say you buy a car and then sell within weeks, what hit should you expect to take....
the warranty is transferrable btw...