41k for my sag!! Don't think so
41k for my sag!! Don't think so
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Discussion

UFO MATT

Original Poster:

478 posts

214 months

Tuesday 23rd October 2012
quotequote all
As some of you know I have been thinking of selling my sag because of an upcoming house purchase. I was only selling to release some funds out of the car and still own a Tvr of some kind. Flicking through the classifieds as you do I came across the mk3 Tuscan for sale. I thought that is a possible replacement for the sag and it will free some money up. I called them about a swap plus cash deal for the Tuscan and they offered me the car plus 11k!! Bearing in mind the Tuscan is up for 30k. I know it's a business and we are all out to make a living in this world but I feel it was taking the piss a little considering the prices they sell them for. Don't get me wrong I am not bitter and will still use them for service but to say I was a little shocked would be an understatement !! Lol :-)

Edited by UFO MATT on Tuesday 23 October 19:52

m4tti

5,485 posts

177 months

Tuesday 23rd October 2012
quotequote all
Imagine what they paid for the tuscan as well.. so in relality if theyve done 25k on the Tuscan and give you 11k then theyve got your rather nice sagaris for a lot less than 40k....

GR1FF1F

523 posts

256 months

Tuesday 23rd October 2012
quotequote all
Worse still in relative terms, what does that imply their cash bid for the Sag would be, bearing in mind there's a mark up on the Tuscan ?

Tom8

5,356 posts

176 months

Tuesday 23rd October 2012
quotequote all
I think that is a good deal from a dealer. I think everyone is getting beyond themselves with TVR pricing especially sags.

Don't get me wrong, I love trevors but to pay over 40k for a sag I think is crazy. Appreciating classics maybe but appreciation of anything takes a long time not a couple of years after the company goes bump.

Podie

46,647 posts

297 months

Tuesday 23rd October 2012
quotequote all
They'll be putting a warranty on the Tuscan AND on the Sagaris though.

Might be worth removing the dealer's name, so this doesn't get binned due to the "no name and shame" policy.

UFO MATT

Original Poster:

478 posts

214 months

Tuesday 23rd October 2012
quotequote all
Podie said:
They'll be putting a warranty on the Tuscan AND on the Sagaris though.

Might be worth removing the dealer's name, so this doesn't get binned due to the "no name and shame" policy.
I am not out to name and shame anyone here because I like the people and service I get there very much, I just wanted to hear people's opinions on if the deal was good or bad.

Podie

46,647 posts

297 months

Tuesday 23rd October 2012
quotequote all
UFO MATT said:
Podie said:
They'll be putting a warranty on the Tuscan AND on the Sagaris though.

Might be worth removing the dealer's name, so this doesn't get binned due to the "no name and shame" policy.
I am not out to name and shame anyone here because I like the people and service I get there very much, I just wanted to hear people's opinions on if the deal was good or bad.
Personally I don't mind - I'm not a mod.

Having had to sell in the past, I sincerely hope you do not have to do this. It hurts. frown

Chim450

1,452 posts

283 months

Tuesday 23rd October 2012
quotequote all
I don't understand why you are surprised/upset. They are running a business and are trying to make money. As has already been said they would have to warrant both cars. No one is forcing you to sell to them. You will always get more if you sell privately than through a dealer.

crimbo

1,308 posts

250 months

Tuesday 23rd October 2012
quotequote all
I'm not surprised buy there low offer as they are out to make money but I think that is taking the wet. Understand we are going into winter and they may think they wont be able to sell it until next year but we know they will sell it for around 52k-55k next year. As for the warranty, you can get 12months put on else where. I think they are a good 5-6k off with still leaving them a good profit still.

SPS

1,306 posts

282 months

Tuesday 23rd October 2012
quotequote all
UFO MATT said:
As some of you know I have been thinking of selling my sag because of an upcoming house purchase. I was only selling to release some funds out of the car and still own a Tvr of some kind. Flicking through the classifieds as you do I came across the mk3 Tuscan for sale at str8six. I thought that is a possible replacement for the sag and it will free some money up. I called them about a swap plus cash deal for the Tuscan and they offered me the car plus 11k!! Bearing in mind the Tuscan is up for 30k. I know it's a business and we are all out to make a living in this world but I feel it was taking the piss a little considering the prices they sell them for. Don't get me wrong I am not bitter and will still use them for service but to say I was a little shocked would be an understatement !! Lol :-)
Have you tried other dealers?
If not I would consider contacting a couple including Tony Gilbert and Track v Road. Or you could look at SOR depending on how fast you want to sell.

YRRunner

1,652 posts

238 months

Tuesday 23rd October 2012
quotequote all
A "mk3 Tuscan" for £30,000 !!! yikes I can't see that anywhere on STR8SIX website.

Edited to say...
Ah, OK, I see it now, on PH. It's a convertible. Nevertheless, still looks cheap at that price IMO. It's a great looking car. It's not a Sag, but you would have £11k cash in your pocket! I know that doesn't help getmecoat

Edited by YRRunner on Tuesday 23 October 18:41

alphaone

1,023 posts

195 months

Tuesday 23rd October 2012
quotequote all
Sell it private, then when you have the cash, go and barter them down on the 30k Tuscan.

Laser Sag

2,860 posts

265 months

Tuesday 23rd October 2012
quotequote all
Ok so so far a few comments about profit but we also need to take into account their overheads so lets say 10% onto the £41,000 for that so now you are at £45,100 add in a good warranty ( by all accounts their warranty is very good so it will cost) and any preperation work lets say £2,000. So now we are at £47,100, add in a 10% profit figure of £4,710 and you are at £51,810.Put on a 5% addition so the customer can barter you down a bit and you are running at the best part of £54K which is more where you would expect a Cascade Sag to be.
All those figures are of course hypothetical but I think we have to be realistic about the costs of running a business like Str8sixes, if we want them and others to keep investing in improvements for our cars we must accept that they will have associated costs involved which have to be covered and that they need to make a profit to keep going.
All IMHO of course and I hope you end up doing a deal that works for you.

Does make you wonder what they would offer this poor high mileage Sag owner, would probably have to put money into the deal myselflaugh

UFO MATT

Original Poster:

478 posts

214 months

Tuesday 23rd October 2012
quotequote all
alphaone said:
Sell it private, then when you have the cash, go and barter them down on the 30k Tuscan.
That is what I will do. I have been holding off selling in the hope there will be a chance I can keep it. I think it is a bit late in the year now to sell so will wait untill early next. The swap just would have saved time and hassle with selling.

str8sixtvr

13 posts

161 months

Tuesday 23rd October 2012
quotequote all
UFO MATT said:
As some of you know I have been thinking of selling my sag because of an upcoming house purchase. I was only selling to release some funds out of the car and still own a Tvr of some kind. Flicking through the classifieds as you do I came across the mk3 Tuscan for sale at str8six. I thought that is a possible replacement for the sag and it will free some money up. I called them about a swap plus cash deal for the Tuscan and they offered me the car plus 11k!! Bearing in mind the Tuscan is up for 30k. I know it's a business and we are all out to make a living in this world but I feel it was taking the piss a little considering the prices they sell them for. Don't get me wrong I am not bitter and will still use them for service but to say I was a little shocked would be an understatement !! Lol :-)
Hi Matt

Don't usually do this but I feel disappointed in the way you have posted this. Your car requires a fair bit of remedial work to get it to the standard we would require to then sell it on, it also doesn't have air con which is something that would make the car unusable is warm weather and is a £2k add on.

We then have to service the car, prep alloys, paint etc then put a full 12k no quibble warranty on both cars and pay all the bills that go with running a business. Also your Sagaris is quite high on the miles which will put it at the lower end of values.

The Tuscan has just had a front end respray, paintwork around the boot aperture (all in Cham Green not a cheap colour) 4x wheel powder coat full refurb in shadow chrome, both seats retrimmed, 12k service and all the associated bits and pieces that TVR's require to get them to a good standard.

I'm sorry you were disappointed with our quote to change over the phone and maybe if you had come down with your car and seen the Tuscan in the flesh then we could have got closer. It may look from the outside that there is a massive margin on your car but believe me the time, effort and costs that go into preparing a TVR are quite sobering and my accountant will vouch for that.

Jason

BeillyNoy

389 posts

258 months

Tuesday 23rd October 2012
quotequote all
crimbo said:
we know they will sell it for around 52k-55k next year.
I remember hearing a similar sentiment with regard to RBS shares in 2007.

No offence to Sags - they're the TVR poster-child. But the premium over Tuscans / T350s is just mind-boggling.
To (mis)quote this month's edition of CAR - page 92:
"Six year old Sagaris? Or two of these great cars for the same money?"
(The article includes Delta Integrale, Tamora, DB7, 997, Skyline R34, RS4, Caterham)

I love TVRs, and the Sag is very special amongst them. But just not £50k special in my eyes.
In the real world I reckon the dealer offered a fair price.

Nomex underpants on........
Neil.

getmecoat



Edited to add:
Original article title: "New Golf? Or one of these great cars for the same money". In case anyone's interested. It's an interesting read!


Edited by BeillyNoy on Tuesday 23 October 19:05

Mrs Pitstop

4,289 posts

224 months

Tuesday 23rd October 2012
quotequote all
BeillyNoy said:
To (mis)quote this month's edition of CAR - page 92:
"Six year old Sagaris? Or two of these great cars for the same money?"
(The article includes Delta Integrale, Tamora, DB7, 997, Skyline R34, RS4, Caterham)
I'm guessing you subscribe to Car? I'm desperate for the mag to hit the shops as it's my Tamora in the photoshoot & I want to see it! biggrin

bounce

bobd

973 posts

242 months

Tuesday 23rd October 2012
quotequote all
str8sixtvr said:
UFO MATT said:
As some of you know I have been thinking of selling my sag because of an upcoming house purchase. I was only selling to release some funds out of the car and still own a Tvr of some kind. Flicking through the classifieds as you do I came across the mk3 Tuscan for sale at str8six. I thought that is a possible replacement for the sag and it will free some money up. I called them about a swap plus cash deal for the Tuscan and they offered me the car plus 11k!! Bearing in mind the Tuscan is up for 30k. I know it's a business and we are all out to make a living in this world but I feel it was taking the piss a little considering the prices they sell them for. Don't get me wrong I am not bitter and will still use them for service but to say I was a little shocked would be an understatement !! Lol :-)
Hi Matt

Don't usually do this but I feel disappointed in the way you have posted this. Your car requires a fair bit of remedial work to get it to the standard we would require to then sell it on, it also doesn't have air con which is something that would make the car unusable is warm weather and is a £2k add on.

We then have to service the car, prep alloys, paint etc then put a full 12k no quibble warranty on both cars and pay all the bills that go with running a business. Also your Sagaris is quite high on the miles which will put it at the lower end of values.

The Tuscan has just had a front end respray, paintwork around the boot aperture (all in Cham Green not a cheap colour) 4x wheel powder coat full refurb in shadow chrome, both seats retrimmed, 12k service and all the associated bits and pieces that TVR's require to get them to a good standard.

I'm sorry you were disappointed with our quote to change over the phone and maybe if you had come down with your car and seen the Tuscan in the flesh then we could have got closer. It may look from the outside that there is a massive margin on your car but believe me the time, effort and costs that go into preparing a TVR are quite sobering and my accountant will vouch for that.

Jason
It seems a lot of individuals think dealers owe them a favour. Sag prices are at the moment silly, but if its a good one in great condition and has all the right options, aircon, diff, c/r box, full leather etc and a warranty then Jasons mark up is fair. Oh and dont forget the vat.
I wouldnt personally give £41k private for a car with higher miles, no aircon and no warranty. If its the cash your after then sell private and good luck.
If the dealers have no margins then you will end up without any.
I have good reason to butt in here as I swapped my Sag at STR8SIX for a Tamora and cash. Any issues on the Tamora were fixed without quibble, moaning or any other problems. Give the guy a chance. We all need to earn a living and to provide a 12 month no quibble warranty on a car that has some pieces of trim that are obsolete is pretty good in my book.

UFO MATT

Original Poster:

478 posts

214 months

Tuesday 23rd October 2012
quotequote all
str8sixtvr said:
Hi Matt

Don't usually do this but I feel disappointed in the way you have posted this. Your car requires a fair bit of remedial work to get it to the standard we would require to then sell it on, it also doesn't have air con which is something that would make the car unusable is warm weather and is a £2k add on.

We then have to service the car, prep alloys, paint etc then put a full 12k no quibble warranty on both cars and pay all the bills that go with running a business. Also your Sagaris is quite high on the miles which will put it at the lower end of values.

The Tuscan has just had a front end respray, paintwork around the boot aperture (all in Cham Green not a cheap colour) 4x wheel powder coat full refurb in shadow chrome, both seats retrimmed, 12k service and all the associated bits and pieces that TVR's require to get them to a good standard.

I'm sorry you were disappointed with our quote to change over the phone and maybe if you had come down with your car and seen the Tuscan in the flesh then we could have got closer. It may look from the outside that there is a massive margin on your car but believe me the time, effort and costs that go into preparing a TVR are quite sobering and my accountant will vouch for that.

Jason
Hi Jason, I did not mean any disrespect to you or your company in any way and I'm sorry if it looks that way. As you know I have brought my tvrs to you for years and think you provide an excellent service. Just wanted to hear what others thought about the deal as people on here have experience in buying, selling and part exchange. Please except my oppologies if taken the wrong way.

D14 AYS

3,696 posts

232 months

Tuesday 23rd October 2012
quotequote all
UFO MATT said:
str8sixtvr said:
Hi Matt

Don't usually do this but I feel disappointed in the way you have posted this. Your car requires a fair bit of remedial work to get it to the standard we would require to then sell it on, it also doesn't have air con which is something that would make the car unusable is warm weather and is a £2k add on.

We then have to service the car, prep alloys, paint etc then put a full 12k no quibble warranty on both cars and pay all the bills that go with running a business. Also your Sagaris is quite high on the miles which will put it at the lower end of values.

The Tuscan has just had a front end respray, paintwork around the boot aperture (all in Cham Green not a cheap colour) 4x wheel powder coat full refurb in shadow chrome, both seats retrimmed, 12k service and all the associated bits and pieces that TVR's require to get them to a good standard.

I'm sorry you were disappointed with our quote to change over the phone and maybe if you had come down with your car and seen the Tuscan in the flesh then we could have got closer. It may look from the outside that there is a massive margin on your car but believe me the time, effort and costs that go into preparing a TVR are quite sobering and my accountant will vouch for that.

Jason
Hi Jason, I did not mean any disrespect to you or your company in any way and I'm sorry if it looks that way. As you know I have brought my tvrs to you for years and think you provide an excellent service. Just wanted to hear what others thought about the deal as people on here have experience in buying, selling and part exchange. Please except my oppologies if taken the wrong way.
I think your next service is going to be expensive! hehe