Convertible Prices - Winter vs Summer
Discussion
I've heard many times that convertibles are cheaper in the winter compared to the summer, but is this actually true or is it a fine piece of man maths used to justify buying a sports car in the winter and/or selling a soft top in the summer to finance another toy.
I understand that demand will always be lower in winter, but do that many people NEED to sell in the winter (i.e. can't wait another few months) that it forces prices down?
Have any dealers on here actually seen prices moving? If so, by how much do they go down in winter?
I understand that demand will always be lower in winter, but do that many people NEED to sell in the winter (i.e. can't wait another few months) that it forces prices down?
Have any dealers on here actually seen prices moving? If so, by how much do they go down in winter?
I bought a nice cheap low mileage convertible about 4 months ago in lancaster and got a very big discount on it.
I was told by the dealer that he had to take a big hit on it because the summers been so bad.
So it doesn't really matter if its winter or not its more to do with the rain we have been having this year, or so i was told.
I was told by the dealer that he had to take a big hit on it because the summers been so bad.
So it doesn't really matter if its winter or not its more to do with the rain we have been having this year, or so i was told.
Hot1 said:
I find this a bit of a myth to be honest,
This. For convertibles time of year no longer makes any material difference. All cars are harder to sell in the winter and convertibles are no more difficult than anything else. The days of leaky roofs and sodden carpets are long gone. Ozzie Osmond said:
Hot1 said:
I find this a bit of a myth to be honest,
This. For convertibles time of year no longer makes any material difference. All cars are harder to sell in the winter and convertibles are no more difficult than anything else. The days of leaky roofs and sodden carpets are long gone. My first MR2 roadster. Feb 2010, bloody freezing, snowy. I saw a beauty at the local dealer went down the next day someone had walked in bought it cash outright for the asking price! I ended paying a premium to get a good one even in the winter.
Selling though, dealers won't touch them this time of year,they'll want it for free.
Selling though, dealers won't touch them this time of year,they'll want it for free.
Same as the idea of 4x4 prices going up in winter.
What tends to happen with 4x4s and convertibles is that prices generally plateau when they are more popular, and there tend to be fewer absolute bargains, then drop in those months when the memory of the good/bad weather has faded.
While other cars depreciate gently through the year, a convertible will be worth the same in June as it was the previous December - and then it will have its annual depreciation September to November. Similarly, a 4x4 will be worth the same in December as it was in June - and then lose its value March-June.
What tends to happen with 4x4s and convertibles is that prices generally plateau when they are more popular, and there tend to be fewer absolute bargains, then drop in those months when the memory of the good/bad weather has faded.
While other cars depreciate gently through the year, a convertible will be worth the same in June as it was the previous December - and then it will have its annual depreciation September to November. Similarly, a 4x4 will be worth the same in December as it was in June - and then lose its value March-June.
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