GC Motors...

Author
Discussion

BlackGT3

1,445 posts

211 months

Tuesday 31st May 2016
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There was a thread on here a while back where a chap had bought an R8 from them. Turns out the car had been in a bad crash and wasn't right. He needed to go the legal route to obtain a refund.

PerseusGK

25 posts

134 months

Tuesday 31st May 2016
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cgt2 said:
How do you know if they actually had the car? Many dealers advertise fantasy showrooms of stock they do not actually have.

One well known company in London advertises dozens of Ferraris on Pistonheads to generate enquiries on cars that they do not even have access to.

Have you done a company check on this company to look at their balance sheet? First thing I would do with any company before handing over any money on something unseen..
....Really???? Would you???

...I think this thread is getting unnecessarily speculative and somewhat unfairly negative..... Personally, I've used GC three times now to purchase cars and have sold two to them. I've found them pretty fair on the whole (obviously wouldn't have used them again otherwise). They drive a hard bargain and are well priced as their margins are pretty small compared to other dealers. The reason for this is that they buy all of their stock outright and don't offer 'sale or return'. The flipside of this is that if they don't move their cars on in a particular timeframe they tend to start reducing them. Also, as someone else posted further up, I'd recommend talking to Chris Gillott - he was friendly, knowledgable and accommodating.

... It unfortunate for the OP but with cars like this and dealers like GC, 'you snooze - you lose'

Edited by PerseusGK on Tuesday 31st May 20:29

allister

564 posts

148 months

Tuesday 31st May 2016
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70proof said:
Put yourself in the dealers shoes, you get a better price from someone who'll take the car as is...unless you were a loyal and returning customer, why would the dealer not take the easy deal...

If it is traxs old car, it'd have been well looked after... maybe you missed out as
You went to buy a car and left your wallet at home...

They do have good stock btw..
I read this 70proof and thought what would I honestly do, putting myself in the position of the garage?

Would I take the easy deal, or go with the guy who verbally commits but may be a difficult customer? After all he wants a PPI, then if there are any problems, he's going to try and negotiate me down even further........ Well you're absolutely right 70proof, I take the easy deal.

So what can we learn from this - Do we leave ourselves vulnerable and not ask for a PPI, as we don't want to offend the dealer? Well no, definitely not!

In my opinion this reinforces one important thing..... If you're spending this kind of money, go to a Ferrari main dealer. I bought an F430 Spider from Graypaul Nottingham, which turned out to have several issues within the first 3 months of ownership (needed new clutch, Mk 2 Manifolds and had an issue with the convertible hood not fitting flush - almost £10k work).

I ask myself, did Graypaul know about these faults and not rectify them prior to sale, I guess I'll never know. What I can tell you though, is they collected and returned my F430 on 3 occasions, by way of covered transporter, they never argued and everything was corrected professionally in a Ferrari approved garage - Do you think GC Motors (or any independent for that matter) would go to those kind of lengths and that sort of expense, I very much doubt it!

Personally, I would only ever spend that kind of money at a garage where I know I'm going to get a certain level of service.

70proof

6,051 posts

156 months

Tuesday 31st May 2016
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Alister, you missed my point...

Can see why the dealer went down the easy route and bailed on the tough customer who came without his wallet, doesn't mean the dealer is rude or a tosser etc

If he had taken his wallet, he'd have got his deal and a PPI

Point was he went to buy a car, haggled to get his terms, then says sorry left my wallet at home, if he only had a cc on him, 2pc on 10k is only 200gbp which in the grand scheme of things when securing your dream car is hardly worth arguing over

70proof

6,051 posts

156 months

Tuesday 31st May 2016
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And btw, the weeks leading up to le mans is when many supercars are sold, some for just that very trip..

allister

564 posts

148 months

Tuesday 31st May 2016
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70proof said:
Alister, you missed my point...

Can see why the dealer went down the easy route and bailed on the tough customer who came without his wallet, doesn't mean the dealer is rude or a tosser etc

If he had taken his wallet, he'd have got his deal and a PPI

Point was he went to buy a car, haggled to get his terms, then says sorry left my wallet at home, if he only had a cc on him, 2pc on 10k is only 200gbp which in the grand scheme of things when securing your dream car is hardly worth arguing over
I know where you're coming from 70proof - If you snooze you lose.....

That said, I spent £166k on a new Bentley Mulsanne two weeks ago and you do kind of want to make sure you get it right, so I do understand why someone may be slightly hesitant at that sort of money.

However, I do agree with you, if wanting extra time to be certain is what you decide to do and you miss out, you only have yourself to blame.

Maybe it just wasn't meant to be.....

cgt2

7,101 posts

189 months

Tuesday 31st May 2016
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PerseusGK said:
....Really???? Would you???

...I think this thread is getting unnecessarily speculative and somewhat unfairly negative..... Personally, I've used GC three times now to purchase cars and have sold two to them. I've found them pretty fair on the whole (obviously wouldn't have used them again otherwise). They drive a hard bargain and are well priced as their margins are pretty small compared to other dealers. The reason for this is that they buy all of their stock outright and don't offer 'sale or return'. The flipside of this is that if they don't move their cars on in a particular timeframe they tend to start reducing them. Also, as someone else posted further up, I'd recommend talking to Chris Gillott - he was friendly, knowledgable and accommodating.

... It unfortunate for the OP but with cars like this and dealers like GC, 'you snooze - you lose'

Edited by PerseusGK on Tuesday 31st May 20:29
I would indeed and have done. It takes five minutes to learn about the financial status of an organisation you are dealing with. Why would you not?

twoblacklines

1,575 posts

162 months

Wednesday 1st June 2016
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As the owner of a business I can tell you - when dealing with customers the easier the better.

How can you secure a car without a card to pay a deposit then complain when someone else buys it instead?

If you don't like GC why not try Shaks Specialist cars, nothing bad from what I heard and they knocked 10% off the car I bought from them... and were fine and polite about it.

Just take your fking card this time xD

Mike Brown

585 posts

188 months

Wednesday 1st June 2016
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With GC all the way on this one,sorry op

Mike Brown

585 posts

188 months

Wednesday 1st June 2016
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FWIW , I am considering selling my 360 and i know exactly what i would have done, will do if it happens to me,Mike

Mike Brown

585 posts

188 months

Wednesday 1st June 2016
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FWIW , I am considering selling my 360 and i know exactly what i would have done, will do if it happens to me,Mike

Mike Brown

585 posts

188 months

Wednesday 1st June 2016
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FWIW , I am considering selling my 360 and i know exactly what i would have done, will do if it happens to me,Mike

magnum555

473 posts

160 months

Wednesday 1st June 2016
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PerseusGK said:
their margins are pretty small compared to other dealers.
How do you know that? They are selling cars at similar prices to other dealers their margin is far from "pretty small".

roygarth

2,674 posts

249 months

Wednesday 1st June 2016
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Can a dealer legally renege on a deal after a deposit has been paid?

PerseusGK

25 posts

134 months

Wednesday 1st June 2016
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magnum555 said:
How do you know that? They are selling cars at similar prices to other dealers their margin is far from "pretty small".
As I said in my earlier post, I've dealt with them a number of times, and how do you know what "pretty small" represents? it's all comparative - we aren't talking about Renault Clios after all.

I should probably should have also clarified that it depends on the car to some extent. With something as limited and specialist as a 430 Scuderia, there is obviously a premium that all dealers are looking for that's associated with the extra collectability of the car.

If you check their prices for more readily available supercar e.g. McLaren 650S, MP4, Ferrari 458, Porsche 911 Turbo etc you should see that they are a bit more competitive.




PerseusGK

25 posts

134 months

Wednesday 1st June 2016
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cgt2 said:
I would indeed and have done. It takes five minutes to learn about the financial status of an organisation you are dealing with. Why would you not?
Pretty geeky if you ask me. If a dealer has £2m of stock on the forecourt and they buy it all outright, they're hardly 'Backstreet Ken' are they? As someone who has lived in the locale of this dealer, they are well known to me.

PerseusGK

25 posts

134 months

Wednesday 1st June 2016
quotequote all
twoblacklines said:
As the owner of a business I can tell you - when dealing with customers the easier the better.

How can you secure a car without a card to pay a deposit then complain when someone else buys it instead?

If you don't like GC why not try Shaks Specialist cars, nothing bad from what I heard and they knocked 10% off the car I bought from them... and were fine and polite about it.

Just take your fking card this time xD
..Exactly!

dickyf

807 posts

226 months

Wednesday 1st June 2016
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Sold four cars to them without any issue whatsoever. Painless and paid almost as much as retail. I would deal again.

andrew

9,974 posts

193 months

Wednesday 1st June 2016
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PerseusGK said:
cgt2 said:
I would indeed and have done. It takes five minutes to learn about the financial status of an organisation you are dealing with. Why would you not?
Pretty geeky if you ask me. If a dealer has £2m of stock on the forecourt and they buy it all outright, they're hardly 'Backstreet Ken' are they? As someone who has lived in the locale of this dealer, they are well known to me.
so you're saying that "large" established companies never fail and then close overnight ?
interesting...

cgt2

7,101 posts

189 months

Wednesday 1st June 2016
quotequote all
PerseusGK said:
Pretty geeky if you ask me. If a dealer has £2m of stock on the forecourt and they buy it all outright, they're hardly 'Backstreet Ken' are they? As someone who has lived in the locale of this dealer, they are well known to me.
Your view. To me it's good practice and literally takes five minutes and why would you not spend that five minutes to ensure your safety? A reputable business would have nothing to hide and as companies are required to file annual accounts it's very easy to check.

People also never used to HPI cars 20 years ago. Would you now buy one without doing so?