4C - Where are we with prices right now?

4C - Where are we with prices right now?

Author
Discussion

highway

1,977 posts

262 months

Wednesday 10th October 2018
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Lovely 17 plate car appeared on Auto Trader today. Great spec and low miles. My first choice of colours as well (red/black) What a kicker when it’s registered after 1/4/17 so it attracts the ludicrous envy tax.

Armitage.Shanks

2,298 posts

87 months

Wednesday 10th October 2018
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highway said:
Lovely 17 plate car appeared on Auto Trader today. Great spec and low miles. My first choice of colours as well (red/black) What a kicker when it’s registered after 1/4/17 so it attracts the ludicrous envy tax.
If they knocked £1,500 off that's near 5yrs of the premium VED and then £140pa thereafter.

priley

504 posts

190 months

Thursday 11th October 2018
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I've got a deposit on the recent HWM Spider, otherwise I'd have taken a look at this. What's the envy tax btw?

T5GRF

1,979 posts

266 months

Thursday 11th October 2018
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The "envy tax" relates to any car that cost £40,000 or more (with options) registered after March 2017. The owner will have to pay a luxury car surcharge of £310 for the first five years.

priley

504 posts

190 months

Thursday 11th October 2018
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I'd never even heard of that change! So it's based on the original selling price, making the current price irrelevant. Still, £450 tax for the next five years. Ouch!

Stuart J

1,301 posts

259 months

Thursday 11th October 2018
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priley said:
I'd never even heard of that change! So it's based on the original selling price, making the current price irrelevant. Still, £450 tax for the next five years. Ouch!
Based on Manufacturers list price, anything over £40,000, An extra £310 a year for years 2-6 on top of the actual road fund tax

Edited by Stuart J on Thursday 11th October 13:02

highway

1,977 posts

262 months

Thursday 11th October 2018
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I’ visited HWM on Saturday with a view to trying to buy that car. You thwarted me

Peter-o6dwn

2 posts

68 months

Thursday 11th October 2018
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T5GRF said:
Hope this is ok- If anyone is looking for some genuine Alfa Romeo Carbon wing mirror caps, I have a pair at a substantially cheaper price than Alfa Romeo charge. I also have some genuine Alfa Romeo Italian flag badges which fit on the lower rear flanks of the 4c. Pm me if you'd like more details.
Hi,

Do you still have the carbon wing mirror caps? Website won't let me pm you for 24 hours!

T5GRF

1,979 posts

266 months

Thursday 11th October 2018
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Peter-o6dwn said:
Hi,

Do you still have the carbon wing mirror caps? Website won't let me pm you for 24 hours!
Peter,
Your profile won't wow me to send you a message, I think you can change your preferences to allow this?
Yes I still have them.

Peter-o6dwn

2 posts

68 months

Thursday 11th October 2018
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T5GRF said:
Peter,
Your profile won't wow me to send you a message, I think you can change your preferences to allow this?
Yes I still have them.
ok, changed it. Should be ok to send me a message now.

priley

504 posts

190 months

Thursday 11th October 2018
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highway said:
I’ visited HWM on Saturday with a view to trying to buy that car. You thwarted me
Sorry Highway. I'd been to look at it the week previously and placed a deposit on Saturday morning. Collect on Wednesday. I'd have loved to have found a car with the carbon roll hoop cover but I'm too impatient!

highway

1,977 posts

262 months

Thursday 11th October 2018
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There’s been a few coupes listed privately for a while now. I need a private sale Spider. Amazing how many cars specced without leather dash as well. Trade bids appear to be very low on these cars based on facts I’m picking up. Fair few sale or return cars around as well.

detee

629 posts

151 months

Thursday 11th October 2018
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That is interesting, as I popped in to a specialist to look at something for my wife in my mine and got a very interesting offer from someone there at the same time. I think people are waking up to these.

As we all know though, it is all about when you actually want to sell. I know Joe on here had his 2016 sold subject to finance at strong money the other day.

I get the private purchase though, if nothing else you avoid the Alfa "service"

highway

1,977 posts

262 months

Thursday 11th October 2018
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Veloces have had 3 cars for sale over a month now. As we approach end of the year with Brexit looming I wonder how many dealers who actually own cars will want to keep them into 2019. There is a small market for these cars with many potential buyers looking at the Alpine or a variant of late used Porsche.

I’m keen to buy the right car, need to find it.

priley

504 posts

190 months

Thursday 11th October 2018
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Perhaps Spider owners looking to move their cars on are eking out the last bits of sun?

rudester

689 posts

154 months

Friday 12th October 2018
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detee said:
That is interesting, as I popped in to a specialist to look at something for my wife in my mine and got a very interesting offer from someone there at the same time. I think people are waking up to these.

As we all know though, it is all about when you actually want to sell. I know Joe on here had his 2016 sold subject to finance at strong money the other day.

I get the private purchase though, if nothing else you avoid the Alfa "service"
I'd second this. I've had a couple of strong trade bids on mine. I'm in no rush to sell though.

highway

1,977 posts

262 months

Friday 12th October 2018
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I’m curious as to what a ‘strong’ trade bid is. Most spiders are between £40-£44k. I’d imagine trade bids are at best mid £30’s. WBAC are close to £30/31 on a 17 plate car. Not that I’m suggesting that’s the value but I can’t see a dealer buying in at £38/39 then looking to retail at £42-44.

detee

629 posts

151 months

Friday 12th October 2018
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Mine is a 2017 anniversary with 3,000 miles, and perfect. I could have walked away with a 42k bid. If I went sor probably a bit more.

I like the car, and so happy for it to sit there while my leg recovers.

I know when I was trying to find one, colour and spec are key, the carbon bits and leather dashboard seem to be key.

There was definitely some bargains to be had earlier in the year when I first started looking. However speaking to some dealers, it seems at mid 40's they are very popular.

After all outside of a Cayman, or Lotus, what would you get? I looked at Alpine, i wanted open air motoring.

My personal view is that they didn't sell at 70k and I get that, but a Dallara carbon chassis and a pretty fun car for for mid 40's seems value.

T5GRF

1,979 posts

266 months

Friday 12th October 2018
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highway said:
I’m curious as to what a ‘strong’ trade bid is. Most spiders are between £40-£44k. I’d imagine trade bids are at best mid £30’s. WBAC are close to £30/31 on a 17 plate car. Not that I’m suggesting that’s the value but I can’t see a dealer buying in at £38/39 then looking to retail at £42-44.
Without being unkind, from the tone of your posts it's almost like your "willing" the market down..
I looked for some time too for a private car as like you I saw no real added value to buying a lightly used car from a main dealer that essentially was new with lots of remaining warranty. However, owners seem to hang on to spiders and I realized that unless I was prepared to compromise I'd probably wait quite some time for my "ideal car" to come along and also given the sudden flurry of activity possibly end up paying more for it.
I don't personally think paying circa £44k is OTT for a decent spec spider, in my case it bought a high spec car with 20 months remaining warranty, 600 miles on the clock and two services in the book.
Most cars loose money but like many I stumped up the cash with a pretty firm conviction that over the next ten years that I plan to own it it will very likely appreciate in value, it will also probably prove to be pretty robust and come with bargain basement running costs.
Good luck with your search.

highway

1,977 posts

262 months

Friday 12th October 2018
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I don’t mind conceding that it would suit me for the market to dip! I am looking to buy after all! Personally I’d feel more confident paying more were Brexit not on the horizon . I don’t see dealers adding value, for the reasons you’ve drawn out yet I’m likely going to be forced that route as there are no Spiders (red/black leather seats and dash, sub 5k miles) available.

Any privately owned Spider owners reading, please get in touch via pm.