Temerraio Right of first refusal

Temerraio Right of first refusal

Author
Discussion

Nijj

Original Poster:

32 posts

60 months

Friday 15th November
quotequote all
I’ve had a digisign document from Lamborghini Birmingham saying I must sell to them in first 12 months of delivery - to stop flippers.
I have signed it as I don’t intend to sell on for profit but wondered how enforceable this was? Would they know when a seller sells the car on ? Only when it needs a service which would be in the second year anyway I would have thought.

I’ve bought off them before so they should know I’m not a “flipper”. Anybody else received same from Lambo?

AB

17,464 posts

203 months

Friday 15th November
quotequote all
No idea but congratulations, it's going to be mega!

Doofus

28,646 posts

181 months

Friday 15th November
quotequote all
Bit of a concern that they can't spell Temerario...

zedmtrappe

265 posts

104 months

Friday 15th November
quotequote all
Not enforceable at all. Worse that can happen is you are 'blackballed' for future orders but even that is extremely unlikely..

As a side note what are your thoughts on the Temerrario - have you seen it in person ?

I have to admit I am not sold on it at all ( turbo V8, battery , conservative styling ....looks more like a modded GT car than supercar) ..... but ... I have not seen it in person.

r o n n i e

382 posts

184 months

Friday 15th November
quotequote all
I doubt UK in the next 2+ years is a flip for profit market.

Also the equivalent hybrid £200-300k Ferrari and McLaren have suffered 6 figure year 1 depreciation - do you think the V8 Lambo will buck that trend?


Fast Eddie

436 posts

253 months

Friday 15th November
quotequote all
I just idly wonder why you would be remotely interested in their T&C's?
Remind me who owns this car or am I missing something here?

Calculator

759 posts

223 months

Saturday 16th November
quotequote all
Out of interest, why do people think this isn’t enforceable?

I imagine if you sell it elsewhere you’ll be in breach of contract, they’d need to prove loss etc etc?

Sarnie

8,159 posts

217 months

Saturday 16th November
quotequote all
So, you have to give them first refusal?

"I want £200k over list Mr Dealer"

What then?

stuthemongoose

2,404 posts

225 months

Saturday 16th November
quotequote all
Sarnie said:
So, you have to give them first refusal?

"I want £200k over list Mr Dealer"

What then?
See section 2, “whichever is less” - contract allows them to buy at retail price even if market is silly overs.

Sarnie

8,159 posts

217 months

Saturday 16th November
quotequote all
Surely, limited supply and cars at overs, helps the strength of the brand.

To me this seems like they want to sell the car, buy it back and then sell it at overs themselves..........

Trev450

6,445 posts

180 months

Saturday 16th November
quotequote all
Sarnie said:
Surely, limited supply and cars at overs, helps the strength of the brand.

To me this seems like they want to sell the car, buy it back and then sell it at overs themselves..........
That's exactly what they want. Porsche have been doing it for years with GT cars.

footsoldier

2,273 posts

200 months

Sunday 17th November
quotequote all
Wouldn’t sign that, and similar BS put a stop to my Porsche buying a few years ago.
If you want to sell me a car, it’s mine!
They have also massively mistimed the market - no chance these will be hard to get, look at 296 values, and has any junior Lamborghini ever been a premium car?
(I do like it, although not a hybrid fan)

JimmyConwayNW

3,135 posts

133 months

Friday 29th November
quotequote all
These will tank in my opinion.

I missed the reveal / launch in West London yesterday evening as had been due to go and have a look. Be great to see them, and I am sure they will sound great but the list price is so high for a new one in my mind you can get a lot of cars near new that suddenly look very good value for money.

I don't agree with the stipulation that you must sell back to them, as if they bid you in the nuts then what? You get black balled because you are financially savvy enough to take the best market value off your your car?

I get it on ultra rare and exclusive cars but these will be plentiful.

BigR

376 posts

170 months

Saturday 30th November
quotequote all
Like anything, when they're first released they don't like people speculating on the car i.e. flipping. I do get that as then 'legitimate buyers' miss out. So I've signed the document as I paid a deposit some months ago.

As for the car, well I saw it in West London this week. I have to say in the flesh, it is a very, very attractive car. There are certain little pointers to the past (the front is quite Gallardo-like, for example), but the interior is a big leap forward. It feels more luxurious than the Huracan, and the overall profile and detail on the car is really well thought out and very well proportioned. One thing that I was a little uncertain about and has been on many occasions pointed to on the internet (god bless it) is the front low-level lights. In the flesh these were much more subtle than the photos suggest. They're more set back than they appear, and have large holes in the middle to channel air to the brakes.

And then there's the engine. Yes, it's a hybrid which I'm sure a handful of internet-commentators that haven't had a Lamborghini and never will, will vomit and say how much of a betrayal this is. But, the world moves on and without such tech they'll get left behind (and indeed become harder to sell over time due to legislation, no doubt). But it's got 920 hp and revs to 10,000 rpm - I mean, that's pretty immense (and the article gives good insight to it) - and I've been assured by the dealer that it still makes a great noise. I mean, it's still a V8 - it's hardly sacrilege is it!?

Anyhoo, that's a tiny view of it all, but it really was very striking in the flesh. I think there is a bit of a challenge for Lamborghini as its performance is close to its big brother.

TP321

1,515 posts

206 months

Saturday 30th November
quotequote all
How much are these with average spec?

Griffgrog

719 posts

254 months

Sunday 1st December
quotequote all


I went to the launch and it’s a substantial upgrade to my Huracan Tecnica. I’m not in a position to buy one right now, but I when I can I will be. It’s still nice and small - important on UK roads. The extra tech is well worth the upgrade alone.

Can’t see pricing yet on the configuration, but I suspect it’s going to be a £300K plus car with sensible options.

IMI A

9,696 posts

209 months

Sunday 1st December
quotequote all
This is the first hybrid I've read about and thought wow about the drive train. Kudos to those buying one. I do wonder if H/R8 owners will miss the noise of the V10 and they have plenty of power for road use. The new V8 combined power output is simply nuts and I do worry how you can extend it to 9500rpm and beyond on road without plod putting you behind bars for a sneaky third gear pull to the red line. I can see Performante prices rocketing in a few years as maybe being peak junior Lambo or maybe even peak Lambo in terms of experience and ease of real world ownership. Huracan and Perfs looks such good VFM against the new models.

s2000db

1,211 posts

161 months

Sunday 1st December
quotequote all
IMI A said:
This is the first hybrid I've read about and thought wow about the drive train. Kudos to those buying one. I do wonder if H/R8 owners will miss the noise of the V10 and they have plenty of power for road use. The new V8 combined power output is simply nuts and I do worry how you can extend it to 9500rpm and beyond on road without plod putting you behind bars for a sneaky third gear pull to the red line. I can see Performante prices rocketing in a few years as maybe being peak junior Lambo or maybe even peak Lambo in terms of experience and ease of real world ownership. Huracan and Perfs looks such good VFM against the new models.
Agreed, looks a fabulous creation considering the current rules and regs regarding emissions and hybridisation. There’s a coupe of things that are unknown at the moment and that is deliveries won’t happen till 2026, and what will the competition announce in the meantime?
I somehow suspect that this will be more than a match for the current 296, but the future market will be smaller considering the price jump from the current model.
All in all a great design, and god knows how good the Perf/STO version will be with over a 1000hp!

garystoybox

814 posts

125 months

Sunday 1st December
quotequote all
s2000db said:
Agreed, looks a fabulous creation considering the current rules and regs regarding emissions and hybridisation. There’s a coupe of things that are unknown at the moment and that is deliveries won’t happen till 2026, and what will the competition announce in the meantime?
I somehow suspect that this will be more than a match for the current 296, but the future market will be smaller considering the price jump from the current model.
All in all a great design, and god knows how good the Perf/STO version will be with over a 1000hp!
When you consider just how epically good a 296 is and how cheap they are getting (or how much they are depreciating) - A lightly run in used model is likely to be half the price of the Lambo. Have to very brave to predict anything other than similar depreciation.

zedmtrappe

265 posts

104 months

Monday 2nd December
quotequote all
Yes - with entry level Lambo's now £300K+ just about everything hybrid tanking in value - buying one of these requires proper wealth!