Seriously Overpriced Cars

[Camelot1971]

sleepera6 said:

A friend just has just committed to spunk £40k on a two year lease for one of these.... he didn’t believe me that it was based on an 8 year old model and was about to be replaced. It’s also a diesel. And with all the expensive options it would cost him £68,000 to buy outright.
I tried to tell him buying a pre reg, demo or a year old model would make more financial sense but he claimed that leasing was the future and hence has now committed to a terrible deal (didn’t shop around, went straight to the local Merc dealer) to get a 2 year lease on a car he will not own.

What can i say?

They are lying? £1660 a month for a GLE Coupe? Even the GLE 63 is £300 less than that. Are they planning on doing 100k a year or something?

[dxg]

£68,000 for an Audi TT

https://youtu.be/de-L50dVpFg

The presenter can't quite believe it either!

[Fun Bus]

£73,635 is the best I could do on the configurator for a TTRS Roadster. Approx £14k of extras. Basically, everything.

[anonymous-user]

Camelot1971 said:

They are lying? £1660 a month for a GLE Coupe? Even the GLE 63 is £300 less than that. Are they planning on doing 100k a year or something?

Not exactly 40k tbh - they are paying £1064/ month with £9600 deposit (9 month upfront) 8k p.a

So around £35600 before fees etc - the guy has a shiny new Merc on his drive but cycles or takes the train
]

Edited by anonymous-user on Saturday 1st June 12:43

[itcaptainslow]

sleepera6 said:

Camelot1971 said:

They are lying? £1660 a month for a GLE Coupe? Even the GLE 63 is £300 less than that. Are they planning on doing 100k a year or something?

Not exactly 40k tbh - they are paying £1064/ month with £9600 deposit (9 month upfront) 8k p.a

So around £35600 before fees etc - the guy has a shiny new Merc on his drive but cycles or takes the train
]

Edited by sleepera6 on Saturday 1st June 12:43

That is nucking futs. He must seriously want one to even consider that! Man maths on a whole new level.

[aaron_2000]

£300k for a company to promise that one day they'll get around to giving you a car.

https://www.ebay.co.uk/itm/Jaguar-E-Type-Series-1-...

[Fast Bug]

aaron_2000 said:

£300k for a company to promise that one day they'll get around to giving you a car.

https://www.ebay.co.uk/itm/Jaguar-E-Type-Series-1-...

Pretty sure you won't be giving them £300k upfront....

[glazbagun]

aaron_2000 said:

£300k for a company to promise that one day they'll get around to giving you a car.

https://www.ebay.co.uk/itm/Jaguar-E-Type-Series-1-...

To be fair to them, making a brand new etype from rust can't be easy.

[Fun Bus]

The XJ220 in the background leads me to believe the dealer aren’t a bunch of cowboys.

[aaron_2000]

Fun Bus said:

The XJ220 in the background leads me to believe the dealer aren’t a bunch of cowboys.

Never said they were lol. But I find it funny that you're not even paying for a straight away resto, you're paying for them to do it when they decide to. If I was spending that much, I'd want it started as soon as the cash clears.

[Fast Bug]

aaron_2000 said:

Never said they were lol. But I find it funny that you're not even paying for a straight away resto, you're paying for them to do it when they decide to. If I was spending that much, I'd want it started as soon as the cash clears.

I'd be concerned about how good a body shop is if they could start straight away in all honesty.

[Jimmy Recard]

It makes sense to me. You can choose the spec and check build from start to finish.

And as said, if this firm is any good, they will have a long order book. I'd rather wait and have a good one than get a bad one quickly

[aaron_2000]

Nah you're all right, bargain of the century.

[Fast Bug]

To be fair, there are a few flat floors being restored at the moment up for sale, mainly coupes, and they seem to be around the mid £200k mark. So I can see a roadster being closer to £300k

[rxtx]

aaron_2000 said:

Nah you're all right, bargain of the century.

You forgot to add "lol".

[dxg]

aaron_2000 said:

Fun Bus said:

The XJ220 in the background leads me to believe the dealer aren’t a bunch of cowboys.

Never said they were lol. But I find it funny that you're not even paying for a straight away resto, you're paying for them to do it when they decide to. If I was spending that much, I'd want it started as soon as the cash clears.

Ok, so 300 grand and a completion bond, then. I guess at that end of the market people think of such things...

[ChocolateFrog]

It's the way they seem so casual about the fact you give them 300k and they wont be getting round to it anytime soon. (Their words).

Thanks, I'll pass.

[aaron_2000]

rxtx said:

aaron_2000 said:

Nah you're all right, bargain of the century.

You forgot to add "lol".

"YoU fOrGoT tO aDd LoL"

Thanks professor. Just seems odd that on a thread dedicated to making fun of £10k Rover's and £3k Fiesta MK3's that a pile of rust that a company promise to one day get around to fixing is somehow worth £300k.

[anonymous-user]

Now, I love Alfa 156s. But even I am baulking at ten thousand pounds for a 4-owner 2001 Y-reg 156 1.8 Twin Spark
with 88k miles. Yes, £10k!

But here's the best bit, apparently it's had, wait for it...£21,000 spent on 'restoring' it. To paraphrase the cop in Gone in 60 seconds "who the hell pays to restore a Y-reg 156 1.8?"

https://www.veloces.co.uk/used-alfa-romeo-156-new-...

TBF, you could eat your dinner of that engine..

[itcaptainslow]

PRND said:

Now, I love Alfa 156s. But even I am baulking at ten thousand pounds for a 4-owner 2001 Y-reg 156 1.8 Twin Spark
with 88k miles. Yes, £10k!

But here's the best bit, apparently it's had, wait for it...£21,000 spent on 'restoring' it. To paraphrase the cop in Gone in 60 seconds "who the hell pays to restore a Y-reg 156 1.8?"

https://www.veloces.co.uk/used-alfa-romeo-156-new-...

TBF, you could eat your dinner of that engine..

If that were a V6 I’d be mightily tempted!