Not much seems to selling right now?

Not much seems to selling right now?

Author
Discussion

GG33

Original Poster:

1,217 posts

200 months

Wednesday 28th March 2018
quotequote all

Is it me? I have been watching the 'for sale' ads of several marques for the past couple of months and cant help noticing that almost nothing seems to be selling at the moment. To the degree that it is putting me off making a purchase - I dont want to jump in only to find that the bubble of increased asking prices has finally popped and prices will actually start to weaken over the coming months (not usual for early summer).

What's happening people?

Discuss

GG

Buster73

5,042 posts

152 months

Wednesday 28th March 2018
quotequote all
Just come through the worst winter for years , cannot see the purchase of an expensive super car being high up on anyone’s agenda to be fair , maybe a couple of weeks of good weather will change people’s outlook and things will start moving.

PompeyReece

1,485 posts

88 months

Wednesday 28th March 2018
quotequote all
Also dealers tend to leave ads up way after the sale of the car.

In a similar way estate agents do with houses to harness interest should the sale fall through, car dealers do the same to record enquiries to help influence future stock/sales.

monthefish

20,439 posts

230 months

Wednesday 28th March 2018
quotequote all
Buster73 said:
Just come through the worst winter for years , cannot see the purchase of an expensive super car being high up on anyone’s agenda to be fair , maybe a couple of weeks of good weather will change people’s outlook and things will start moving.
^^this.

Also, the fact that the state of the roads aren't supercar conducive at present was putting me off, but, this too, will improve.


The economy is is reasonable shape having just startled to slowly recover from almost a decade in the doldrums, so I don't see any 'crashes' happening any time in the foreseeable future. (putting aside the clusterfk that is Brexit, but I don't think this will have a large direct effect on supercar prices)

hunter 66

3,888 posts

219 months

Wednesday 28th March 2018
quotequote all
Yes why buy a supercar ........ until the rain stops

SL550M

589 posts

109 months

Wednesday 28th March 2018
quotequote all
Could be a long wait! smile

KenC

691 posts

234 months

Wednesday 28th March 2018
quotequote all
I've never seen so few adverts in the Suderia section. Only 18 and of them only 2 are UK RHD so something is moving.

rubystone

11,252 posts

258 months

Wednesday 28th March 2018
quotequote all
Two decent independents south of the river have had a good 2018 so far. Double figures for one, knocking on that door with the other. Mix of principal and SOR, Enzo era and Luca. Moral is...price your SOR sensibly and it’ll sell.

RamboLambo

4,843 posts

169 months

Wednesday 28th March 2018
quotequote all
McLaren Bristol sold 3 650S spiders in a week and they are all still advertised. If they have paid for 30 days advertising they just let it expire and not take it down immediately.
With the March snow out the way and Easter coming the market should pick up but not for overpriced vehicles of which there are many

Wilmslowboy

4,189 posts

205 months

Wednesday 28th March 2018
quotequote all
Every day a new buyer/owner pops up on the Mclaren FB page...seems to be a sudden surge

spring bounce
new reg bounce
(and in the case of Mclaren) some recent good coverage and prices dropped to a point where they are starting to look good value

Its Just Adz

13,945 posts

208 months

Wednesday 28th March 2018
quotequote all
There is a lot not selling, but the stuff prices right is.

One dealer has had an Aventador for 18 months, something wrong if that ain’t selling.

JohnG123

622 posts

129 months

Wednesday 28th March 2018
quotequote all
Wilmslowboy said:
Every day a new buyer/owner pops up on the Mclaren FB page...seems to be a sudden surge

spring bounce
new reg bounce
(and in the case of Mclaren) some recent good coverage and prices dropped to a point where they are starting to look good value
Plus £10K dealer deposit on a pre reg 720S has got me tempted.

Wilmslowboy

4,189 posts

205 months

Wednesday 28th March 2018
quotequote all
JohnG123 said:
Plus £10K dealer deposit on a pre reg 720S has got me tempted.
Yep the one in Manchester (on this deal) sold in 48 hours


Bunty Killa

517 posts

198 months

Thursday 29th March 2018
quotequote all
hunter 66 said:
Yes why buy a supercar ........ until the rain stops
Haha

sparta6

3,689 posts

99 months

Thursday 29th March 2018
quotequote all
Manufacturers need to produce Less cars.
Easy credit needs eradicating.

Problem solved biggrin

isaldiri

18,411 posts

167 months

Thursday 29th March 2018
quotequote all
rubystone said:
Moral is...price your SOR sensibly and it’ll sell.
Define 'sensible' nowadays though. The spread between trade and retail is bloody big and has been getting ever larger in the last few years and frankly is getting somewhat absurd imo.

GG33

Original Poster:

1,217 posts

200 months

Thursday 29th March 2018
quotequote all
Sold my 430 spider a month or so back using sor through a specialist dealer. It went within a week and I thought I was close to the upper end of the price range. Their margin was miles lower than a main dealer.

Since been looking, hence my post here, for a replacement, I am currently trying to guess how much haggle room I may have with main dealers for 'approved used' cars, especially since they seem to be sticking around... I would of though easily - £5k as an opening gambit (on a £100k + car) but maybe I should be haggling harder than that?

GG

RamboLambo

4,843 posts

169 months

Thursday 29th March 2018
quotequote all
GG33 said:
Sold my 430 spider a month or so back using sor through a specialist dealer. It went within a week and I thought I was close to the upper end of the price range. Their margin was miles lower than a main dealer.

Since been looking, hence my post here, for a replacement, I am currently trying to guess how much haggle room I may have with main dealers for 'approved used' cars, especially since they seem to be sticking around... I would of though easily - £5k as an opening gambit (on a £100k + car) but maybe I should be haggling harder than that?

GG
"Haggling" room depends on Brand and individual garage. They all take a slightly different advertising stance. Lets just say the more established brands tend to speculatively price their cars yet those brands that do not necessarily have the following and natural flow of sheep price theirs more aggressively to attract clients in the first place.
If you know the history of the car you are interested in and its been in stock for over 6 months without a price reduction then £5k should easily be achievable IMHO

JohnG123

622 posts

129 months

Thursday 29th March 2018
quotequote all
RamboLambo said:
"Haggling" room depends on Brand and individual garage. They all take a slightly different advertising stance. Lets just say the more established brands tend to speculatively price their cars yet those brands that do not necessarily have the following and natural flow of sheep price theirs more aggressively to attract clients in the first place.
If you know the history of the car you are interested in and its been in stock for over 6 months without a price reduction then £5k should easily be achievable IMHO
Also offer £10k dealer contribution on a new model.....................

rubystone

11,252 posts

258 months

Friday 30th March 2018
quotequote all
isaldiri said:
Define 'sensible' nowadays though. The spread between trade and retail is bloody big and has been getting ever larger in the last few years and frankly is getting somewhat absurd imo.
I’m not surprised the spread has increased. That has a lot to do with the economy too. I know one specialist who’s holding very little stock of their own right now. That low trade bid you might be getting is their polite way of saying we don’t want your car at all.