We are all truely F####D!!
Discussion
...if this is not a scam http://www.pistonheads.com/sales/726327.htm
then we are in big trouble! Just cant believe this - he will probably end up selling for £100k which is a steal - wonder if he would take a 996 Turbo in px?? (for good money ofcourse!!!)
then we are in big trouble! Just cant believe this - he will probably end up selling for £100k which is a steal - wonder if he would take a 996 Turbo in px?? (for good money ofcourse!!!)
TP321 said:
...if this is not a scam http://www.pistonheads.com/sales/726327.htm
then we are in big trouble! Just cant believe this - he will probably end up selling for £100k which is a steal - wonder if he would take a 996 Turbo in px?? (for good money ofcourse!!!)
Been saying it for months... there will be blood!!!then we are in big trouble! Just cant believe this - he will probably end up selling for £100k which is a steal - wonder if he would take a 996 Turbo in px?? (for good money ofcourse!!!)
Have a look through Ferrari/Lamborghini dealers right now, prices are dropping by the day. A friend was going to jump in on a car now (choosing between Ferrari or Lamborghini) but will wait as since trying to decide on the colour the cars he was looking at have dropped £3-5k on the asking prices. This car is not unrealistically priced, given that it is a private seller with a new car that no one currently wants. Try calling up a few dealers and see what they offer. I bet my bottom dollar it won't be more than 95k if bid on at all. There are so many F430s for sale at the moment (call a dealer and ask if they will get you a new one at a slight discount!).
gumshoe said:
Have a look through Ferrari/Lamborghini dealers right now, prices are dropping by the day. A friend was going to jump in on a car now (choosing between Ferrari or Lamborghini) but will wait as since trying to decide on the colour the cars he was looking at have dropped £3-5k on the asking prices. This car is not unrealistically priced, given that it is a private seller with a new car that no one currently wants. Try calling up a few dealers and see what they offer. I bet my bottom dollar it won't be more than 95k if bid on at all. There are so many F430s for sale at the moment (call a dealer and ask if they will get you a new one at a slight discount!).
The market is swamped, between 360's and 430's there are 450 cars on autotrader, now compare that to BMW 6 series (500 cars) or Audi RS4 (197 cars) or VW Lupo (256 cars) which have a much wider market. Most people who are looking to buy a 430 are probably just going to let them burn a while and save 10k or 20k by delaying 3-6 months.nr123 said:
i dont get why everyones so worked up? is it because hes selling it so cheap?
...because this is a 6 month old car that seems to have lost a THIRD of its price!! A year ago he would be advertising this car at £135K and selling! The scary thing is that if a 6 month old is £100k then how much for a 2 or 3 year old?? It just has a domino effect not only on F430 prices but F360 etc ..etc. Hence anyone who has bought any high value car in the past 12 months (me included) is now truely F####D!
TP321 said:
nr123 said:
i dont get why everyones so worked up? is it because hes selling it so cheap?
...because this is a 6 month old car that seems to have lost a THIRD of its price!! A year ago he would be advertising this car at £135K and selling! The scary thing is that if a 6 month old is £100k then how much for a 2 or 3 year old?? It just has a domino effect not only on F430 prices but F360 etc ..etc. Hence anyone who has bought any high value car in the past 12 months (me included) is now truely F####D!
Its only bad news if you put down a tiny deposit and financed the rest.
Sarnie said:
TP321 said:
nr123 said:
i dont get why everyones so worked up? is it because hes selling it so cheap?
...because this is a 6 month old car that seems to have lost a THIRD of its price!! A year ago he would be advertising this car at £135K and selling! The scary thing is that if a 6 month old is £100k then how much for a 2 or 3 year old?? It just has a domino effect not only on F430 prices but F360 etc ..etc. Hence anyone who has bought any high value car in the past 12 months (me included) is now truely F####D!
Its only bad news if you put down a tiny deposit and financed the rest.
). Put simply, if someone told you to wait a month before buying the car of your dreams and you'd save £10k, would you do it or wait? If you'd go ahead and do it, then you truly do not care about the depreciation, and you CAN take the piss out of the rest of us lol.All with lots of
in case anyone takes offence!gumshoe said:
Sarnie said:
TP321 said:
nr123 said:
i dont get why everyones so worked up? is it because hes selling it so cheap?
...because this is a 6 month old car that seems to have lost a THIRD of its price!! A year ago he would be advertising this car at £135K and selling! The scary thing is that if a 6 month old is £100k then how much for a 2 or 3 year old?? It just has a domino effect not only on F430 prices but F360 etc ..etc. Hence anyone who has bought any high value car in the past 12 months (me included) is now truely F####D!
Its only bad news if you put down a tiny deposit and financed the rest.
). Put simply, if someone told you to wait a month before buying the car of your dreams and you'd save £10k, would you do it or wait? If you'd go ahead and do it, then you truly do not care about the depreciation, and you CAN take the piss out of the rest of us lol.All with lots of
in case anyone takes offence!The OP obviously has a similar car so I was wondering on what plane he is "f*****D" e.g. is he stumped purely because his car has dropped in value? is he up the creek because he has heavily financed it?
http://www.pistonheads.com/gassing/topic.asp?h=0&a...
This is kinda where I ended up going with this!
If you don't want to lose your shirt, stop keeping up with the Joneses having to have THE latest doodad!
There are SHEET loads of awesome cars out there that can be bought with a minimum of depreciation.
I personally would be looking at 355's, Testas/512's or 360s (imho I don't see them going a lot lower than they have already now), Diablos, Countachs, Jalpas Then the lower initial-value cars - like Giugiaro *Turbo* Esprits (mine has actually APPreciated!
) GT3's, S4s's & V8's etc are still all over the place, TVRs, Nobles etc - LOW volume cars which aren't going to pay a huge "supply side" price when/if it comes time to sell!I can't help thinking the DB7 is the indicator of what's to come - Astons always used to be very high priced and exclusive / low volume. The DB7 was probably the first high value car to sell by the absolute bucketload and they've gone below 20k! I wonder if there will be a 'premier league' and then 'first division' of Ferrari's and Lambos? With (oddly) the newer cars' values going below those of the older cars purely due to the reduced exclusivity? Or do you think it will force 355 / 348 prices even lower as people think "s0d that, I can get a 360 for the same money?" My gut feeling is the former but I admit that I have no real evidence to base it upon - it's just my instinct.
I've not mentioned porkers as they've always been ridiculously high volume (relatively) and their values have long ended up down around the £10k mark
I wonder if today's events will see a handful more of these "priced to sell" cars popping up from squeezed owners!
Alternatively - if you HAVE a 430 already - You have a F*ing awesome car already... unless forced to sell - KEEP IT!
evil_dr_fish said:
http://www.pistonheads.com/gassing/topic.asp?h=0&a...
This is kinda where I ended up going with this!
If you don't want to lose your shirt, stop keeping up with the Joneses having to have THE latest doodad!
There are SHEET loads of awesome cars out there that can be bought with a minimum of depreciation.
I personally would be looking at 355's, Testas/512's or 360s (imho I don't see them going a lot lower than they have already now), Diablos, Countachs, Jalpas Then the lower initial-value cars - like Giugiaro *Turbo* Esprits (mine has actually APPreciated!
) GT3's, S4s's & V8's etc are still all over the place, TVRs, Nobles etc - LOW volume cars which aren't going to pay a huge "supply side" price when/if it comes time to sell!I can't help thinking the DB7 is the indicator of what's to come - Astons always used to be very high priced and exclusive / low volume. The DB7 was probably the first high value car to sell by the absolute bucketload and they've gone below 20k! I wonder if there will be a 'premier league' and then 'first division' of Ferrari's and Lambos? With (oddly) the newer cars' values going below those of the older cars purely due to the reduced exclusivity? Or do you think it will force 355 / 348 prices even lower as people think "s0d that, I can get a 360 for the same money?" My gut feeling is the former but I admit that I have no real evidence to base it upon - it's just my instinct.
I've not mentioned porkers as they've always been ridiculously high volume (relatively) and their values have long ended up down around the £10k mark
I wonder if today's events will see a handful more of these "priced to sell" cars popping up from squeezed owners!
Alternatively - if you HAVE a 430 already - You have a F*ing awesome car already... unless forced to sell - KEEP IT!
The Seller (Ben) is well known on here and is a broker / trader who also has a nice white LP640 Murcielago.
The 430's in the classifieds start at under £80K now and there are about 150 of them for sale. If you have one and need to sell you are up against a lot of competition so the only reason yours will sell is if its cheap enough or you are lucky enough to find someone who wants your exact spec.
In comparison Porsche 997 GT3's and GT3RS's seem to be holding their value far better. Not that many for sale and GT3's are still high £70K's. Bearing in mind they were about £50K less than the 430 when new they seem to be fairing a lot better. Perhaps they are more of an enthusiasts car rather then the latest must have car for the poser crowd?
The 430's in the classifieds start at under £80K now and there are about 150 of them for sale. If you have one and need to sell you are up against a lot of competition so the only reason yours will sell is if its cheap enough or you are lucky enough to find someone who wants your exact spec.
In comparison Porsche 997 GT3's and GT3RS's seem to be holding their value far better. Not that many for sale and GT3's are still high £70K's. Bearing in mind they were about £50K less than the 430 when new they seem to be fairing a lot better. Perhaps they are more of an enthusiasts car rather then the latest must have car for the poser crowd?
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