Hmmm Supply drying up!
Discussion
Just noticed in the classifieds only 6 V12V's for sale (well 7 if you include the DB7 there).
When I was looking there was at least double that number. I could be wrong but I think 17 at one time last year. Does this mean that people have jumped at the really good deals that were available (myself included)?
Are the sales of new cars such that less second hand are filtering through?
Will we now see a firming up of prices with so few cars available?
Any ideas?
Di
Edited to say that I did buy 'new' but only because of the deal offered, and yes there may be many more not advertised on PH but just using this as a benchmark comparison, like for like so to speak.
When I was looking there was at least double that number. I could be wrong but I think 17 at one time last year. Does this mean that people have jumped at the really good deals that were available (myself included)?
Are the sales of new cars such that less second hand are filtering through?
Will we now see a firming up of prices with so few cars available?
Any ideas?
Di
Edited to say that I did buy 'new' but only because of the deal offered, and yes there may be many more not advertised on PH but just using this as a benchmark comparison, like for like so to speak.
Edited by lady topaz on Tuesday 1st March 18:19
I think most of the current production is heading for the USA, so very very few cars are hitting the UK dealers at the moment, hence very few are filtering through. A good slug of those on offer over the last 6mth have been cars registered by AM dealers, sometimes as demonstrators, sometimes just as bargain stock. These cars are now vanishing, leaving only the genuine 2nd cars - combine this with the fact spring is aproaching and all that adds up to less cars around. Hopefully used values will firm up as a result, but time will tell...
I'm certainly glad I took the plunge when I did. I haven't seen another black car with carbon seats with anything like my car's mileage since. And I really wanted a black one with carbon seats!
It felt a bit irresponsible at the time but the car is very special, absolutely pristine and the v12 sports car will soon be a thing of the past, at least with a manual gearbox anyway, so with hindsight I feel I got it in the nick of time.
I took it out at the weekend. My Lord that's some engine. And some car. Good work Barry Griffin. Good work.
It felt a bit irresponsible at the time but the car is very special, absolutely pristine and the v12 sports car will soon be a thing of the past, at least with a manual gearbox anyway, so with hindsight I feel I got it in the nick of time.
I took it out at the weekend. My Lord that's some engine. And some car. Good work Barry Griffin. Good work.
Yes definitely less for sale, I check daily. It is also the time of year, people like to buy before summer or as the weather improves, this is not specific to V12V. I had my eye on 3 particular cars and all are gone, all where sub £100k cars.... Seems to be a sweet spot, but I may wait for sub £90k cars towards the end of summer, we shall see 
Last 2 months I had zero interest in my Gallardo that was forsale, and in last 48 hours I have had 3 viewings and just awaiting the first deposit.
Last 2 months I had zero interest in my Gallardo that was forsale, and in last 48 hours I have had 3 viewings and just awaiting the first deposit.
I valued mine today with the new March CAP values.
Mileage at 1 Feb: 3943 - cap clean £97300
Mileage at 1 Mar: 4109 - cap clean £97200
There was no change in value from feb to march. The £100 drop was due to the fantastic 166 miles put on during feb!
Retail prices are on average £10k more than cap clean values. Cap values also take no account of optional extras.
HTH
Mileage at 1 Feb: 3943 - cap clean £97300
Mileage at 1 Mar: 4109 - cap clean £97200
There was no change in value from feb to march. The £100 drop was due to the fantastic 166 miles put on during feb!
Retail prices are on average £10k more than cap clean values. Cap values also take no account of optional extras.
HTH
Mako V12V said:
I valued mine today with the new March CAP values.
Mileage at 1 Feb: 3943 - cap clean £97300
Mileage at 1 Mar: 4109 - cap clean £97200
There was no change in value from feb to march. The £100 drop was due to the fantastic 166 miles put on during feb!
Retail prices are on average £10k more than cap clean values. Cap values also take no account of optional extras.
HTH
Phil, at a risk of sounding a complete numpty can you please translate your post. Sorry but I have no idea what a cap clean value is. Mileage at 1 Feb: 3943 - cap clean £97300
Mileage at 1 Mar: 4109 - cap clean £97200
There was no change in value from feb to march. The £100 drop was due to the fantastic 166 miles put on during feb!
Retail prices are on average £10k more than cap clean values. Cap values also take no account of optional extras.
HTH
Di
dont you perhaps think that these CAP people just make them up off the tops of their head when there are so few cars sold/for sale to give a meaningful statistical sample?
"MMM....now let me see....only 1 unit of V12V sold last month in the UK so we will just knock £100 off the price, no one will notice anyway"
"MMM....now let me see....only 1 unit of V12V sold last month in the UK so we will just knock £100 off the price, no one will notice anyway"
UH-Matt said:
Yes definitely less for sale, I check daily. It is also the time of year, people like to buy before summer or as the weather improves, this is not specific to V12V. I had my eye on 3 particular cars and all are gone, all where sub £100k cars.... Seems to be a sweet spot, but I may wait for sub £90k cars towards the end of summer, we shall see
Last 2 months I had zero interest in my Gallardo that was forsale, and in last 48 hours I have had 3 viewings and just awaiting the first deposit.
pleased your having luck with the Gallardo, when i was selling mine, the very few dealers that were interested offered bids that scared the life out of me, and no chance of a private sale- had only done 9K miles!Last 2 months I had zero interest in my Gallardo that was forsale, and in last 48 hours I have had 3 viewings and just awaiting the first deposit.
Imho, this could be the start of the economic hardships coming. At first no one is buying anything new and just keeping what they have, as the situation gets worse there may be a relative flood of these types of cars especially when interest rates go up. As you all should know, things can change quite quickly - so smugness is ill-advised. Imho, dyor
christer said:
Imho, this could be the start of the economic hardships coming. At first no one is buying anything new and just keeping what they have, as the situation gets worse there may be a relative flood of these types of cars especially when interest rates go up. As you all should know, things can change quite quickly - so smugness is ill-advised. Imho, dyor
I agree, dealers are offering big discounts on new cars which always hits second hand prices .....DBS's and V12V's in 80k+ territory this year me thinksI reckon Neil has hit the nail on the head with the Saudi scenario. Shudder to think of fuel prices in the near future if the Arab world keeps going the same was as Egypt and Libya. Ship all the used V12V's to OZ, used 2010 model here is advertised for the equivalent of £267,000 I kid you not.
Edited by Brisvegas on Wednesday 2nd March 09:43
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