Selling to a dealership

[irdan87]

Have offered my car out to a few dealerships this past day or so.

I have a figure in my head they will achieve from sale, without giving too much away what sort of percentage below that can I expect to be offered (providing they indeed agree with my sale figure)?

Also, in regards to a Gallardo LP560 - I see much less coupes for sale, would that make them more sought after or would many prefer a spyder? I know when I bought I waited for months for the right coupe. Shame I never get to use it with a baby!

[LAM80W]

irdan87 said:

Have offered my car out to a few dealerships this past day or so.

I have a figure in my head they will achieve from sale, without giving too much away what sort of percentage below that can I expect to be offered (providing they indeed agree with my sale figure)?

Also, in regards to a Gallardo LP560 - I see much less coupes for sale, would that make them more sought after or would many prefer a spyder? I know when I bought I waited for months for the right coupe. Shame I never get to use it with a baby!

Congrats on the baby.

Are you offering them to purchase it directly from you or for them to retail to sell on a SOR basis?

The trade prices on these sort of cars are absolutely barbaric generally, usually around 10/15 percent less than retail value, you are better off selling SOR with a reputable dealer or a private sale to achieve the maximum return rather than a straight sale in my opinion.

[Calculator]

Is 10-15% barbaric? At the top end of that range the dealer is making 18% GP before direct costs such as prep, warranty and commission? Operating a business in a small market with a high overhead base and significant working cap requirement? Sure, the absolute £ notes can seem painful to us as individuals but I’ve never thought the dealers were making out like bandits?

[LAM80W]

Calculator said:

Is 10-15% barbaric? At the top end of that range the dealer is making 18% GP before direct costs such as prep, warranty and commission? Operating a business in a small market with a high overhead base and significant working cap requirement? Sure, the absolute £ notes can seem painful to us as individuals but I’ve never thought the dealers were making out like bandits?

Oh, sorry about that.

[W4NTED]

I recently sold a 458 to a main F dealer. Got paid £125k and they are retailing for £145kish - been a while and still not sold. Prior to that I tried a SoR with many known names at £135k and the car would not sell. Decent spec car in the right colour combo too! Markets fked!

[irdan87]

I've listed privately now but thank you for the feedback