How long till the £20k Evora?
Discussion
hyphen said:
The government can't let the country go to pot on a mass scale. It just doesn't work like that.
They will come out with schemes (i.e. load us with more long term debt) and create jobs.
Thanks for the reply. I agree that the government won’t let the country go to pot. Not completely. But many commentators are suggesting a recession. Or at the very least the economy changes - with a resultant change to employment status. They will come out with schemes (i.e. load us with more long term debt) and create jobs.
Will that affect residual values ?
Niiige said:
Thanks for the reply. I agree that the government won’t let the country go to pot. Not completely. But many commentators are suggesting a recession. Or at the very least the economy changes - with a resultant change to employment status.
Will that affect residual values ?
Were you around in 2005-2008? Where all the house price crash threads were all over the internet, and those people who sold there houses and got burnt?Will that affect residual values ?
The current situation isn't free market economics, its politics.
No point trying to sit back and guess is my advice. My guess would be a no.
There are only what <1000 Evoras on the road in the uk? and 60 million people? Must be enough people with a good enough job/savings to be interested. more so as its a more practical 2+2.
You take your own guess
hyphen said:
Niiige said:
Thanks for the reply. I agree that the government won’t let the country go to pot. Not completely. But many commentators are suggesting a recession. Or at the very least the economy changes - with a resultant change to employment status.
Will that affect residual values ?
Were you around in 2005-2008? Where all the house price crash threads were all over the internet, and those people who sold there houses and got burnt?Will that affect residual values ?
The current situation isn't free market economics, its politics.
No point trying to sit back and guess is my advice. My guess would be a no.
There are only what <1000 Evoras on the road in the uk? and 60 million people? Must be enough people with a good enough job/savings to be interested. more so as its a more practical 2+2.
You take your own guess
Back up for sale now, let me know if anyone is interested. 
paul n said:
BertBert said:
Cat D S on autotrader this morning for £28k.
now 25k! smells abit dodgy that one?!...too good to be true or does cat D make a massive difference in price on these cars?
Bert
I think that the £20k Evora target is misleading as compared with other sports cars its net cost is IMO lower.
I have had 2 Evoras, an n/a and an S Sports racer and i put highish mileage on both, and owned each for around 3 years.
On the first car I sold it for about £4k less than I paid, but I put about 50k miles on it
On the second car, I put 20k miles on it and sold it also for £4k less than I paid.
In percentage terms I lost less on the second car than the first, and as i had finance on the car my equity was higher when I sold it than when I bought it.
In summary - don't get fixated on a "cheap" Evora, the £40k Evora cost me the same as the £30k Evora in terms of depreciation (although the mileage was lower), and my equity went up.
I have had 2 Evoras, an n/a and an S Sports racer and i put highish mileage on both, and owned each for around 3 years.
On the first car I sold it for about £4k less than I paid, but I put about 50k miles on it
On the second car, I put 20k miles on it and sold it also for £4k less than I paid.
In percentage terms I lost less on the second car than the first, and as i had finance on the car my equity was higher when I sold it than when I bought it.
In summary - don't get fixated on a "cheap" Evora, the £40k Evora cost me the same as the £30k Evora in terms of depreciation (although the mileage was lower), and my equity went up.
blueg33 said:
I think that the £20k Evora target is misleading as compared with other sports cars its net cost is IMO lower.
I have had 2 Evoras, an n/a and an S Sports racer and i put highish mileage on both, and owned each for around 3 years.
On the first car I sold it for about £4k less than I paid, but I put about 50k miles on it
On the second car, I put 20k miles on it and sold it also for £4k less than I paid.
In percentage terms I lost less on the second car than the first, and as i had finance on the car my equity was higher when I sold it than when I bought it.
In summary - don't get fixated on a "cheap" Evora, the £40k Evora cost me the same as the £30k Evora in terms of depreciation (although the mileage was lower), and my equity went up.
Some good man maths there - what's that about equity going up?I have had 2 Evoras, an n/a and an S Sports racer and i put highish mileage on both, and owned each for around 3 years.
On the first car I sold it for about £4k less than I paid, but I put about 50k miles on it
On the second car, I put 20k miles on it and sold it also for £4k less than I paid.
In percentage terms I lost less on the second car than the first, and as i had finance on the car my equity was higher when I sold it than when I bought it.
In summary - don't get fixated on a "cheap" Evora, the £40k Evora cost me the same as the £30k Evora in terms of depreciation (although the mileage was lower), and my equity went up.
saaby93 said:
blueg33 said:
I think that the £20k Evora target is misleading as compared with other sports cars its net cost is IMO lower.
I have had 2 Evoras, an n/a and an S Sports racer and i put highish mileage on both, and owned each for around 3 years.
On the first car I sold it for about £4k less than I paid, but I put about 50k miles on it
On the second car, I put 20k miles on it and sold it also for £4k less than I paid.
In percentage terms I lost less on the second car than the first, and as i had finance on the car my equity was higher when I sold it than when I bought it.
In summary - don't get fixated on a "cheap" Evora, the £40k Evora cost me the same as the £30k Evora in terms of depreciation (although the mileage was lower), and my equity went up.
Some good man maths there - what's that about equity going up?I have had 2 Evoras, an n/a and an S Sports racer and i put highish mileage on both, and owned each for around 3 years.
On the first car I sold it for about £4k less than I paid, but I put about 50k miles on it
On the second car, I put 20k miles on it and sold it also for £4k less than I paid.
In percentage terms I lost less on the second car than the first, and as i had finance on the car my equity was higher when I sold it than when I bought it.
In summary - don't get fixated on a "cheap" Evora, the £40k Evora cost me the same as the £30k Evora in terms of depreciation (although the mileage was lower), and my equity went up.
At a simple level Equity when I bought Evora 2 was say £10k, when I sold it it was £16k
blueg33 said:
Clever isn't it.
At a simple level Equity when I bought Evora 2 was say £10k, when I sold it it was £16k
A lot of people who buy cars cheaper do so as they don't want any finance, but pay cash and own all of it, and answer to no one for it. Regardless of the numbers, its a mentality. At a simple level Equity when I bought Evora 2 was say £10k, when I sold it it was £16k
Also how much in interest/fees did you pay?
Edited by hyphen on Wednesday 16th September 14:53
hyphen said:
blueg33 said:
Clever isn't it.
At a simple level Equity when I bought Evora 2 was say £10k, when I sold it it was £16k
A lot of people who buy cars cheaper do so as they don't want any finance, but pay cash and own all of it, and answer to no one for it. Regardless of the numbers, its a mentality. At a simple level Equity when I bought Evora 2 was say £10k, when I sold it it was £16k
Also how much in interest/fees did you pay?
Edited by hyphen on Wednesday 16th September 14:53
Fees £200 or so
edp190 said:
Not sure if I’m allowed to post a link, my car is the burnt orange Launch Edition Evora.
No way! I saw that, only 2 miles from me too. My wallet had to go into retreat when I saw it. I have the same child:dog ratio as you though.Hope you get it sold and to a good owner (I also look forward to seeing it in the flesh on the road)
Long overdue update:
+ A low price, Cat D registered S has appeared, variously priced 25000 on autotrader (briefly), 28500 on Facebook and 29500 on Ebay. Confusing.
- Apparent sales of a number of cars: £24750 red private, £26000 white Mountbatten Carsales, £27500 black private, £29500 black private.
+ Couple of new adverts: £24,950 black with red leather launch edition, 49k miles 2+2 forged alloys and CR box (unusual for a LE?), £27,000 black with oyster leather 45k miles, 2+2 w. sport, premium, Lairini exhaust & Radium cold air induction kit.
+ A low price, Cat D registered S has appeared, variously priced 25000 on autotrader (briefly), 28500 on Facebook and 29500 on Ebay. Confusing.
- Apparent sales of a number of cars: £24750 red private, £26000 white Mountbatten Carsales, £27500 black private, £29500 black private.
+ Couple of new adverts: £24,950 black with red leather launch edition, 49k miles 2+2 forged alloys and CR box (unusual for a LE?), £27,000 black with oyster leather 45k miles, 2+2 w. sport, premium, Lairini exhaust & Radium cold air induction kit.
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