Discounted stock Emiras...

Discounted stock Emiras...

Author
Discussion

interstellar

4,068 posts

156 months

Saturday 7th December 2024
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Spoke to Colchester earlier after doing some man maths.

They have a bunch of cars as a previous poster mentioned. He is putting together a list for me of V6’s they have.




av185

20,106 posts

137 months

Sunday 8th December 2024
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limpsfield said:
av185 said:
Shadow Grey is a good colour imo if a touch drab on the Emira.

Strange it is widely regarded as the worst resale colour on the Emira whereas on e.g. Porsche greys similar to this are relatively popular.
I think that’s an interesting point. Different types of buyers historically? I know it is a cliche but there is a fair amount of talk of deviated stitching and all the must have extras for resale on the Porsche forums - I don’t remember so much on the Lotus. Porsche is the accountants sports car - an Excel decision rather than a “fk it I like that’ decision for Lotus?

I’ve owned both - yellow elise; dark blue Porsche. I wouldn’t want a yellow Porsche, so am also part of the cliche !
Tend to think its more a case of the Lotus FE came with every option and pack essentially free whereas the opposite applies with the Porsche...talking of stitching the yellow stitching option on the GT3 was an exclusive special option at an additional c £7k charge over the red lol...in contrast it is free on the Emira.

RS_MAN_CHILD

512 posts

279 months

Sunday 8th December 2024
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interstellar said:
Spoke to Colchester earlier after doing some man maths.

They have a bunch of cars as a previous poster mentioned. He is putting together a list for me of V6’s they have.
I got a list of preg from them £75-77K range but the links the the Lotus website & the VIN are not working properly at all...the other list of already registered still waiting on that one! on friday there were 89 for sale on auto trader...yesterday 91...today its gone up to 95 for sale! Supply & demand right now great time to buy if you can find right spec etc etc...think dealers are in a bit of pickle due to how many for sale!

M Daddy

26 posts

50 months

Monday 9th December 2024
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It's a sorry picture for owners but better for anyone looking to pick up a bargain and flexible on spec. Mine's a keeper so I'm hoping things will eventually correct.

It's quite something that Lotus went from massive over-subscription to massive over supply.

buell man

47 posts

222 months

Monday 9th December 2024
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I have found Colchester hard to deal with, could not do a deal on a new Evora GT 410 Sport, so brought from another garage.
Could not do a deal on an Emira brought nearly new form another garage again, which is a pain as I want to buy local.
Failed miserably on any after sales service issues, as they are a large Hyundai garage and I feel they have just played at being a Lotus dealer. Hopefully they will improve.


interstellar

4,068 posts

156 months

Monday 9th December 2024
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buell man said:
I have found Colchester hard to deal with, could not do a deal on a new Evora GT 410 Sport, so brought from another garage.
Could not do a deal on an Emira brought nearly new form another garage again, which is a pain as I want to buy local.
Failed miserably on any after sales service issues, as they are a large Hyundai garage and I feel they have just played at being a Lotus dealer. Hopefully they will improve.
They said they would call me back on Saturday, but I haven’t heard from them since.

RS_MAN_CHILD

512 posts

279 months

Monday 9th December 2024
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Loads more added to autotrader today...also register with carwow they send you some nice quotes low monthly's if you want to put a decent deposit down!

Think there is still some more downside price action also for potential buyers like me the market is saturated right now with more stock to come soon I feel.....! £4-5K makes a massive difference on monthly PCP quotes & or the overall finance deal.

Think I will wait another week or so see how much they really want to shift some stock before xmas!!

Honeywell

1,515 posts

108 months

Tuesday 10th December 2024
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99 on AT today.

interstellar

4,068 posts

156 months

Tuesday 10th December 2024
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I’d be surprised if we saw any discounting this side of Xmas. It may happen in a dealer for quarter end/year end but I don’t think we will see them drop online.

I think they have found their level and will hold for a while personally.

skeeterm5

3,898 posts

198 months

Tuesday 10th December 2024
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interstellar said:
I’d be surprised if we saw any discounting this side of Xmas. It may happen in a dealer for quarter end/year end but I don’t think we will see them drop online.

I think they have found their level and will hold for a while personally.
I am not so sure, even at the current price level there don’t seem many selling. I think another price drop is coming in January.

Castrol for a knave

5,518 posts

101 months

Tuesday 10th December 2024
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The price compression is interesting.

£59,000 for an Emira or £52,000 for an Evora 410.

Evora 400 manuals, when they do come up, are fetching late £40's.

Be interesting to see the pricing of 15,000 plus mile Emiras when they start to appear.

Puzzles

2,607 posts

121 months

Tuesday 10th December 2024
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The evora is an interesting one, but in 2+2 I’m not sure it’s comparable?

giveitfish

4,121 posts

224 months

Tuesday 10th December 2024
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Evoras are rare and I think appeal to purists who see the Emira as too “mainstream”. That’s an even smaller niche than they occupied before so I’m sure the prices will come down.

However I’m the guy who started the “How long till the £20k Evora?” thread back in 2015(!) so what do I know? hehe

Frimley111R

16,277 posts

244 months

Tuesday 10th December 2024
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My Emira is coming from Essex Lotus soon. smile

As said, deals are there (as they are on so many new cars generally) and so you can buy very well right now. Increasing numbers for sale I think reflects the whole market. Business confidence is down so people are worried about their jobs and pricey toys like an Emira get put on the back burner.

No idea why Evoras pricing looks so good, they are nowhere near as good as an Emira and had more than slightly odd looks too (I say this a a past owner of one).

RS_MAN_CHILD

512 posts

279 months

Tuesday 10th December 2024
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interstellar said:
I’d be surprised if we saw any discounting this side of Xmas. It may happen in a dealer for quarter end/year end but I don’t think we will see them drop online.

I think they have found their level and will hold for a while personally.
There already is mate some are dropping £2-3K mid week if you watch closely some prices are lower Tues-Wed!!

interstellar

4,068 posts

156 months

Tuesday 10th December 2024
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Has anyone broken £58980 yet? Thats the cheapest on autotrader today?

RS_MAN_CHILD

512 posts

279 months

Wednesday 11th December 2024
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interstellar said:
Has anyone broken £58980 yet? Thats the cheapest on autotrader today?
17 below £60K its when not if they go way lower!

alltalk

155 posts

90 months

Wednesday 11th December 2024
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I found Essex lotus pretty good, really responsive on emails, service was spot on left the keys in sales so could collect even when the service part was closed Saturday PM. Think retail is still a bit high. Dealer offers for mine when I sold in May were less than £60k for 1500 miles 2022 car blue + black pack + touring, 72 reg.

RS_MAN_CHILD

512 posts

279 months

Wednesday 11th December 2024
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I think for me this weekend is the crunch time now I have decided what I want & narrowed it down to the following:

1: Brand new from Lotus on 0% APR - Hethel Yellow - i4 AMG - been sent some great deals on this from the main dealers.
2: Pre Reg 2024 delivery miles Magma Red - i4 AMG (9.9% deal)
3: 2023 Hethel Yellow - V6 Auto (9.9% deal)

Just so torn between these choices right now its driving me nuts all are amazing but which is best for me as its a keeper not a car I would ever want to sell or trade! Manual for me is not an option way too much traffic to navigate to even get out of London I have to have an auto!

Future running costs on the V6 will be steep for sure but its hard to ignore the supercharger thrill & massive grunt the engine provides...but the i4 AMG is also very tempting & probably more driveable for me in London.

I can put a 20-25% deposit down to make the monthly's low all 3 options cost about the same overall its just so hard to decide which is best in an ideal world I would take all 3 cars LOL


davidexige

532 posts

216 months

Wednesday 11th December 2024
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RS_MAN_CHILD said:
I think for me this weekend is the crunch time now I have decided what I want & narrowed it down to the following:

1: Brand new from Lotus on 0% APR - Hethel Yellow - i4 AMG - been sent some great deals on this from the main dealers.
2: Pre Reg 2024 delivery miles Magma Red - i4 AMG (9.9% deal)
3: 2023 Hethel Yellow - V6 Auto (9.9% deal)

Just so torn between these choices right now its driving me nuts all are amazing but which is best for me as its a keeper not a car I would ever want to sell or trade! Manual for me is not an option way too much traffic to navigate to even get out of London I have to have an auto!

Future running costs on the V6 will be steep for sure but its hard to ignore the supercharger thrill & massive grunt the engine provides...but the i4 AMG is also very tempting & probably more driveable for me in London.

I can put a 20-25% deposit down to make the monthly's low all 3 options cost about the same overall its just so hard to decide which is best in an ideal world I would take all 3 cars LOL
Well I’m a bit biased but this is mine, I got it a couple of months ago. Which ever you chose I don’t think you’ll be disappointed.



Edited by davidexige on Wednesday 11th December 21:06