Discussion
I was flying over to Holland this Saturdy to buy the Diablo untill ifound out that the car was showing incorrect mileage.Today i got a call from Monks Heath offering me there yellow Diablo SV which i like very much. £79k will buy the car and i have offered £75k,the asking price is £86k so why hasnt it sold as these Diablo's are supposed to be an investment?
Prices have been creaping up lately I've noticed , this tends to happen when a few of the better ones get sold , it takes a while for the market to react and dealers to start asking more . The Monks Heath car could have been bought off the last owner last year for less than 70k ( Think he was asking 67k ) . If you offered 75k then it don't leave much of a profit for the garage . Don't forget these are great cars to have in the shop window and attract quite a bit of business just being there . You won't buy a diablo today cheaper than you could have done 12 months ago that's for sure . I've watched the prices closely also , some cars that havn't sold over the last year or so and are still for sale have the same price tag they did 12 months ago , others fresh to the market have been snapped up for good money . To be honest I think people generally buy these cars because they want them anyhow , not for investment . Prices could well go down as well as up and with better drivers cars about nowadays for less money one could assume the price increases seen is just down to desirability of an iconic modern day classic car . If you passion is not strong enough for these cars and something is holding you back maybe you should invest in something else . Because if prices drop , you won't be happy . However that won't bother most Diablo owners because they already know they have the muts nuts when it comes to cool cars . Ahhh ! if only you could try diablo ownership before you buy . 
Sesto said:
Prices have been creaping up lately I've noticed , this tends to happen when a few of the better ones get sold , it takes a while for the market to react and dealers to start asking more . The Monks Heath car could have been bought off the last owner last year for less than 70k ( Think he was asking 67k ) . If you offered 75k then it don't leave much of a profit for the garage . Don't forget these are great cars to have in the shop window and attract quite a bit of business just being there . You won't buy a diablo today cheaper than you could have done 12 months ago that's for sure . I've watched the prices closely also , some cars that havn't sold over the last year or so and are still for sale have the same price tag they did 12 months ago , others fresh to the market have been snapped up for good money . To be honest I think people generally buy these cars because they want them anyhow , not for investment . Prices could well go down as well as up and with better drivers cars about nowadays for less money one could assume the price increases seen is just down to desirability of an iconic modern day classic car . If you passion is not strong enough for these cars and something is holding you back maybe you should invest in something else . Because if prices drop , you won't be happy . However that won't bother most Diablo owners because they already know they have the muts nuts when it comes to cool cars . Ahhh ! if only you could try diablo ownership before you buy .
Very true this car could have been bought for around £68k last year,but at the time i wasnt in the market for this car.Never thought about buying for an investment just like to own one of the all time greats.What baffles me this car started at £79k then £85k then £90k and now £86k,so whats the catch? car is on SORit's been for sale all of this year with no takers and last year i had just one bid on it at around 70k, even though everyone knows it's a very good car, if you think diablos are going up my old car and this dealer is proving you wrong, i honestly think the diablo day has not come just yet.
A good point , some people would rather go for a low mileage vehicle and see that as a better buy , although most experienced owners will tell you that mechanically it's better to own a car that have been used and not moth balled . However there are buyers and dealers that seen a low milage car more as an investment , look at the black countach at Amari . Athetically the monks heath car looks 20k better and will probably be a better investment , there are also people who would rather spend at the posh store and get some peace of mind and some would argue the extra is worth that . I think the dealer is testing the market as others have pointed out . There have been similar cars sold recently in the high 70k's . Take a look at the blue one at simon furlonger . The red one on here is never going to sell imho for that price , not when you can still buy an early diablo for circa 45k .
kryten22uk said:
Is it just the mileage that makes this one £20k more expensive than the other 1997 yellow SV in the PH classifieds?
I love this example!
http://www.jameslist.com/advert/225029/for-sale-la...
Although I think it has been up for sale for quite a while?
http://www.jameslist.com/advert/225029/for-sale-la...
Although I think it has been up for sale for quite a while?
milk2sugars said:
I love this example!
http://www.jameslist.com/advert/225029/for-sale-la...
Although I think it has been up for sale for quite a while?
That's beautiful! http://www.jameslist.com/advert/225029/for-sale-la...
Although I think it has been up for sale for quite a while?
I'd have that over a similar priced Porsche GT!
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