Discussion
isaldiri said:
GT4RS said:
Thank god no one bought it at £129,990 when advertised as they would of had a expensive few months if they tried to trade it on now.
Your concern for people who might have the will and means to spend money on what essentially is a toy is very touching. Just imagine someone actually wanted to have a nice car to enjoy a few months ago huh...the horror of it. Goodness gracious such foolish people exist huh that need you to save them from themselves!Unlucky for me I’m not in that position to be able to take a 50k bath on a second or third car in a 12 month, over 3 to 4 years fair enough but not in a 12 month.
My points are more to why has this car been dragged around 4 or 5 independents for sale in the last 12 months, one even marked it as sold on their web site and why has it’s priced changed so many times. Over the last 12 months it’s been priced as low as 106k and as high as 130k, it’s now back up to 117k.
MAC 720S said:
GT4RS said:
They must of stuffed 10k in the glove box as it’s just gone back up, now £117,490
Either the owner who has it on SOR is loosing the plot changing the price all the time or this is now owned buy the independent garage trying to sell it and they are happy hike the price up and sit on it for some time.
Either way I’ve never seen a car go up and down in price so many times over a 12 month or being moved around to so many different independent garages who have all struggled to sell it.
It wouldn’t shock me if the next time we see it will be in a auction house.
Such a shame as I personally think it’s a beautiful looking car.
If it is true that McLaren have now significantly cut-back on all UK supplied vehicles (if not ceased), it may well be that the seller is predicitng prices may rise at the lower price ranges. 720S's appear to have bottomed out in the high £150's to £160's. Either the owner who has it on SOR is loosing the plot changing the price all the time or this is now owned buy the independent garage trying to sell it and they are happy hike the price up and sit on it for some time.
Either way I’ve never seen a car go up and down in price so many times over a 12 month or being moved around to so many different independent garages who have all struggled to sell it.
It wouldn’t shock me if the next time we see it will be in a auction house.
Such a shame as I personally think it’s a beautiful looking car.
Edited by GT4RS on Saturday 9th November 20:52
Edited by GT4RS on Saturday 9th November 20:53
The reason I keep coming back to this thread is IMO a 650s or a 12c could end up being good value for money in term of a super car buy over the next 2 years for the owns looking to get in at lower price points.
Gents it’s only my opinion, please don’t shoot me down for saying it!
Ferruccio said:
GT4RS said:
My points are more to why has this car been dragged around 4 or 5 independents for sale in the last 12 months, one even marked it as sold on their web site and why has it’s priced changed so many times. Over the last 12 months it’s been priced as low as 106k and as high as 130k, it’s now back up to 117k.
Why do you think so many independents come and go over the years?And only a few dealers manage to keep going for decades through the cycles.
It’s about being realistic and having the experience. Many don’t.
If you scan back in the thread the second dealer who was SOR the car also raised the asking price after they had it advertised lower for some time, they also marked it on there web site as sold in there previously sold cars section. Shortly after it then appeared for sale again in another independent garage.
Seems very unprofessional to me but I can only assume it’s the owner dictating the pricing not the independents.
I guess only the very best / cash rich independents will survive if a real down turn happens in the super car market.
Ferruccio said:
GT4RS said:
My points are more to why has this car been dragged around 4 or 5 independents for sale in the last 12 months, one even marked it as sold on their web site and why has it’s priced changed so many times. Over the last 12 months it’s been priced as low as 106k and as high as 130k, it’s now back up to 117k.
Why do you think so many independents come and go over the years?And only a few dealers manage to keep going for decades through the cycles.
It’s about being realistic and having the experience. Many don’t.
They must be using the glove box as a safe!
They clearly are just chancing prices imo, the lowest price this car was recently advertised for in a independent was 106k 🤷🏼♂️
It will be more expensive than the lowest priced 720 next 🤣
Won’t be long before they add another 3k onto the asking price of there 540 👌🏻
It will be more expensive than the lowest priced 720 next 🤣
Won’t be long before they add another 3k onto the asking price of there 540 👌🏻
RSbandit said:
Too many cars on SOR at the moment which is a real pain for people who need to part ex an existing vehicle ... really hard to take a dealer seriously if they are not prepared to bid on cars themselves
It’s seems many dealers aren’t willing to put there own money into stock. I tried to sell a limited edition production motor bike last week to what I would regard as one of the very best in the motorbike industry, I was politely told we are not buying stock at the moment. Crazy4557 said:
GC Motors recently raised the price of their 650s spider by around £20k ??????
Obviously know something we don’t.
Could this be a independents little trick / game? They hike the prices up on a SOR cars just as the car owner is taking / asking for it back and try and make out to the general market that they sell these cars at higher prices than other independents. Obviously know something we don’t.
Knowing that they have hiked the price up in a couple of weeks from 106 to 125k makes me wonder what type of independents we have out there. I wonder what else they would try and get away with.
Cars bring moved around from dealer to dealer as they can’t sell them may also become more apparent as the market gets slower and slower.
I’ve only noticed this black 650d getting thrown around independent after independent, thinks it’s either in its 4 or 5th already. Not really followed any other cars but I would imagine if you looked it might become more obvious.
I’ve only noticed this black 650d getting thrown around independent after independent, thinks it’s either in its 4 or 5th already. Not really followed any other cars but I would imagine if you looked it might become more obvious.
GT4RS said:
Crazy4557 said:
GC Motors recently raised the price of their 650s spider by around £20k ??????
Obviously know something we don’t.
Could this be a independents little trick / game? They hike the prices up on a SOR cars just as the car owner is taking / asking for it back and try and make out to the general market that they sell these cars at higher prices than other independents. Obviously know something we don’t.
Knowing that they have hiked the price up in a couple of weeks from 106 to 125k makes me wonder what type of independents we have out there. I wonder what else they would try and get away with.
It always seems to be behind the rest of the field considering the white one has now been dropped down to 93k
I’m sure it will have another price increase before Christmas, clearly they have had to use the 20k they had stuffed in the glove box for Christmas presents.
650spider said:
GT4RS said:
Well scanning the cars for sale this morning this one has had it’s priced changed again, last month 125k this month 102k!
It always seems to be behind the rest of the field considering the white one has now been dropped down to 93k
I’m sure it will have another price increase before Christmas, clearly they have had to use the 20k they had stuffed in the glove box for Christmas presents.
Get that itch scratched!It always seems to be behind the rest of the field considering the white one has now been dropped down to 93k
I’m sure it will have another price increase before Christmas, clearly they have had to use the 20k they had stuffed in the glove box for Christmas presents.
Offer them £97k to allow for getting a mac warranty put on it as soon as the dealers liability in 6mths ends...
You know you want to....
I just don’t understand why any reputable car dealer or any business of that matter play with the price of their stock so much.
The lowest the car has recently been advertised for sale for by this garage is £102,900 which in my opinion near its retail value if it had a warranty and being sold by Mclaren. Why on earth would they then suddenly increase the price up by another £23,000. What suddenly makes them think on say a Tuesday morning that the cars now worth far more money.
The lowest the car has recently been advertised for sale for by this garage is £102,900 which in my opinion near its retail value if it had a warranty and being sold by Mclaren. Why on earth would they then suddenly increase the price up by another £23,000. What suddenly makes them think on say a Tuesday morning that the cars now worth far more money.
Crazy4557 said:
It generates publicity whether we see it as poor business sense or whatever, it's getting people talking about it and you never know someone on her might just buy it, as long as they don't pay over £102900.00 though.
Anyone oblivious to this pricing fiasco and pays more than this and stumbles across this thread ain't gonna be happy!
Well I personally wouldn’t even consider buying off this car dealer now that I have seen how they act, very poor business imo. Anyone oblivious to this pricing fiasco and pays more than this and stumbles across this thread ain't gonna be happy!
Agree someone may take the hook they keep throwing out there, but if I’m being honest I can’t see many people wanting to put even £100k in that used car dealers pocket for this car without a full Mclaren inspection and 1 years Mclaren warranty.
No matter what dealer has tried to sell this car over the last year or more it’s always looked expensive compared to others which have been for sale at the same time, which I thought must of been down to the owner wanting to much money for it.
They apparently own the car so it shouldn’t end up in another independents so they either keep it for there own pleasure or have to price it to sell in this currently difficult market.
What are people’s thoughts on what they may of paid trade for it, they have had it for around 3 months from memory.
Would I be correct in thinking this may have a trade value around 80k to 85k?
650spider said:
GT4RS said:
Would I be correct in thinking this may have a trade value around 80k to 85k?
To be fair, trade price shouldn't be a consideration when your thinking on buying.Any car that you buy today, whether it be new or used, shall have a dramatically different price from what you pay for it and if you went to trade it in tomorrow against something else.
Even in such cases when you are in the fortunate position to purchase at 'trade prices' as myself and ferdi p managed, you are only ahead if the game for a period of time....its taken nearly 8mths but only now are 650spiders appearing at the price i paid, and by by late spring, early summer the price ferdi p paid for his 720 shall be the norm.
The reason I ask the question is many cars are not moving unless priced attractively. It’s has also become very hard to sell cars privately. In the last few years when i have wanted to change a car I have normally posted it on PistonHeads with a manufacturers warranty on it and priced it between the trade offer I received retail prices. These would of normally sold in a few weeks. I have tried this recently with 2 cars and neither have sold. All I have received is would you like me SOR the car for you emails.
So the reason I ask the question this garage has said they own the car and it not SOR so they would of bought it at what they thought is a fair trade value and I’m sure they would of already been aware around 4 more other independents failed to sell it at what they thought were fair asking prices at the time. They must of bought it very well knowing it’s been left unsold for over a year and moved around a lot?
Edited by GT4RS on Saturday 14th December 12:46
Is it normal for used car dealer to mark SOR cars as sold on their website when they get returned back to it owner as they failed to sell it? Is it also normal for dealers to make out they own a car when they don’t? I guess it’s tactics like this which give certain independents a bad name.
When having a cuppa and on the web this morning I have noticed this car is up for sale again, this time at another independent. Price has shot back up to a whopping 125k!
When having a cuppa and on the web this morning I have noticed this car is up for sale again, this time at another independent. Price has shot back up to a whopping 125k!
Edited by GT4RS on Saturday 22 February 10:57
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