Revuelto

Author
Discussion

W4NTED

Original Poster:

742 posts

222 months

Thursday 26th September
quotequote all
So it sold for list in the end. There was a photo of the invoice for £529k but its now removed.

Edited by W4NTED on Thursday 26th September 11:13

TP321

1,515 posts

206 months

Thursday 26th September
quotequote all
W4NTED said:
So it sold for list in the end. There was a photo of the invoice for £526k but its now removed.
List was £529k per the invoice. It sold for £526k plus the £7.2k CC fee, hence £533k. So the buyer has paid over list for it with 2k miles on it. I guess its still much cheaper than any car advertised for sale on Autotrader. Its fair to say that there are no overs on these.

W4NTED

Original Poster:

742 posts

222 months

Thursday 26th September
quotequote all
I wouldnt be surprised if its Amari who bought it and will have it up for £625k next week!

He bought a SF90 Spider in Metallic Red around 6 months ago for circa £360k which is still up on his website for £445k


garystoybox

814 posts

125 months

Thursday 26th September
quotequote all
W4NTED said:
I wouldnt be surprised if its Amari who bought it and will have it up for £625k next week!

He bought a SF90 Spider in Metallic Red around 6 months ago for circa £360k which is still up on his website for £445k
How does that business model work?

TP321

1,515 posts

206 months

Thursday 26th September
quotequote all
garystoybox said:
How does that business model work?
That orange 765LT Spyder that he bought from CC in April 2023 for £334k is still on his website unsold for £380k. I guess its a gamble - if he gets a buyer soon after buying it hes in the money, otherwise depreciation and financing costs will decimate any potential profit.

SVJBalboni

527 posts

62 months

Friday 27th September
quotequote all
Not bad at all for a car with 2,000 miles. Prices for the Revuelto haven’t fallen off a cliff like they did with the SF90 a few months into deliveries.

MDL111

7,209 posts

185 months

Friday 27th September
quotequote all
SVJBalboni said:
Not bad at all for a car with 2,000 miles. Prices for the Revuelto haven’t fallen off a cliff like they did with the SF90 a few months into deliveries.
basically whoever owned it, had a free summer of driving a new half a mil car - I would call that a win

TP321

1,515 posts

206 months

Friday 27th September
quotequote all
MDL111 said:
basically whoever owned it, had a free summer of driving a new half a mil car - I would call that a win
Yes thanks to CC the owner managed to get out without a loss. Its interesting to note that none of the used Revueltos for sale are with the main dealers. Surely if this owner wanted out, his first call would have been to the supplying dealer. The fact that it ended up on CC indicates that either they didn't want it or the price offered was well below list.

lambo666

464 posts

126 months

Friday 27th September
quotequote all
Currently authorised main dealers are not allowed to sell them used. There was one at Leeds due to exceptional circumstances.
Anyone selling one now will be forced to use an independant / auction site and will be losing any good relationship they have with the supplying dealer and Lamborghini brand themselves moving forward.
It was very hard to get an early allocation for one of these.
However in reality it probably means the sellers of these will not be able to get early allocations of the new cars moving forward.
But will the new Urus and Temerario even demand an over list price or have strong residuals?
Due to the high prices now being asked for such cars I do not think so.
The choice of used very exciting supers between £125 - £300k is vast and now quite a few of these also include warranty / service packs etc. Some buyers that previously would only buy new, may now buy used from a main dealer with longer warranty and service packs included.



TP321

1,515 posts

206 months

Friday 27th September
quotequote all
lambo666 said:
Currently authorised main dealers are not allowed to sell them used. There was one at Leeds due to exceptional circumstances.
Anyone selling one now will be forced to use an independant / auction site and will be losing any good relationship they have with the supplying dealer and Lamborghini brand themselves moving forward.
It was very hard to get an early allocation for one of these.
However in reality it probably means the sellers of these will not be able to get early allocations of the new cars moving forward.
But will the new Urus and Temerario even demand an over list price or have strong residuals?
Due to the high prices now being asked for such cars I do not think so.
The choice of used very exciting supers between £125 - £300k is vast and now quite a few of these also include warranty / service packs etc. Some buyers that previously would only buy new, may now buy used from a main dealer with longer warranty and service packs included.
Why are authorised main dealers not allowed to sell them used?

W4NTED

Original Poster:

742 posts

222 months

Friday 27th September
quotequote all
lambo666 said:
Currently authorised main dealers are not allowed to sell them used. There was one at Leeds due to exceptional circumstances.
Anyone selling one now will be forced to use an independant / auction site and will be losing any good relationship they have with the supplying dealer and Lamborghini brand themselves moving forward.
It was very hard to get an early allocation for one of these.
However in reality it probably means the sellers of these will not be able to get early allocations of the new cars moving forward.
But will the new Urus and Temerario even demand an over list price or have strong residuals?
Due to the high prices now being asked for such cars I do not think so.
The choice of used very exciting supers between £125 - £300k is vast and now quite a few of these also include warranty / service packs etc. Some buyers that previously would only buy new, may now buy used from a main dealer with longer warranty and service packs included.
Edinburgh have sold 2 used Revuelts in the past 3 months so sorry thats not true.

TP321

1,515 posts

206 months

Friday 27th September
quotequote all
W4NTED said:
Edinburgh have sold 2 used Revuelts in the past 3 months so sorry thats not true.
Were they advertised? Any idea of prices?

andrew

10,092 posts

200 months

Friday 27th September
quotequote all
TP321 said:
lambo666 said:
Currently authorised main dealers are not allowed to sell them used. There was one at Leeds due to exceptional circumstances.
Anyone selling one now will be forced to use an independant / auction site and will be losing any good relationship they have with the supplying dealer and Lamborghini brand themselves moving forward.
It was very hard to get an early allocation for one of these.
However in reality it probably means the sellers of these will not be able to get early allocations of the new cars moving forward.
But will the new Urus and Temerario even demand an over list price or have strong residuals?
Due to the high prices now being asked for such cars I do not think so.
The choice of used very exciting supers between £125 - £300k is vast and now quite a few of these also include warranty / service packs etc. Some buyers that previously would only buy new, may now buy used from a main dealer with longer warranty and service packs included.
Why are authorised main dealers not allowed to sell them used?
to avoid the dealer selling to their besties, who then sell on and split the overs premium with them

SVJBalboni

527 posts

62 months

Saturday 28th September
quotequote all
Dealers can sell used cars as long as the owner agrees to a 50/50 split. Owners who don't care about relationships will flip to export brokers. If the UAE were right hand drive, I bet 90% of UK Lamborghinis would end up there.

If you want the SV variant or the roadster, you’d best sell through an authorized dealer. If you sell privately, you're done.

SVJBalboni

527 posts

62 months

Saturday 28th September
quotequote all
MDL111 said:
basically whoever owned it, had a free summer of driving a new half a mil car - I would call that a win
Exactly, and 2,000 miles is a decent amount, so the owner definitely enjoyed the car.

W4NTED

Original Poster:

742 posts

222 months

Saturday 28th September
quotequote all
TP321 said:
W4NTED said:
Edinburgh have sold 2 used Revuelts in the past 3 months so sorry thats not true.
Were they advertised? Any idea of prices?
Yes on Autotrader. Was circa £625k

2 5HAN

700 posts

239 months

Tuesday 1st October
quotequote all
Interesting part is cars that have been "sold" but not officially "sold" have a recall update for the electrical issues and owners have an awkward issue of ummmm my car doesn't need an update, oh why is that, ummm its not with me !!

RolyRetro

110 posts

142 months

Thursday 28th November
quotequote all
A lot of negativity for the Revuelto on here! How about this, a bit different from all the Matt / Batman spec cars out there. Arrived just in time for snow and salty roads.


catfood12

1,462 posts

150 months

Friday 29th November
quotequote all
RolyRetro said:
A lot of negativity for the Revuelto on here! How about this, a bit different from all the Matt / Batman spec cars out there. Arrived just in time for snow and salty roads.

That's a great colour combo. Much nicer than the matte black theme. Enjoy!

TBCTBC

1,539 posts

97 months

Friday 29th November
quotequote all
They look great IMHO.

Having a browse on AT yesterday, seems many for sale have been reduced. One was down £120k vs original asking price which was, I think, above list.

Bubble burst or no bubble in the first place?