15-20kmile Gallardo worth £70k

[madras]

Why are so many of the Gallardo's up for sale at close to 80k when they are only worth low 70s. A LHD one sold at Joe Macari this week for ~£63k with 16kmiles on it. So RHD would be worth about 70-72k (trade would be about 65k i reckon). Yet even ones with 20k are up for £80k, as are some with only 6kmiles.

All the cars I'm talking about are early ones and most manual - although there doesn't seem to be too much difference anyway. A low mileage (6k i think) e-gear sold privately for 75k recently with 9month warranty.

Are people being greedy, is it a lot of SoR stuff up at the moment? i see a correction down by about 10k on a lot of stuff

I await slamming by Gallardo owners looking to sell... Sorry but someone had to say it.

[tomtom]

Surely if they're all for sale at £80k then inherently they're worth £80k?

[madras]

tomtom said:

Surely if they're all for sale at £80k then inherently they're worth £80k?

they are worth what someone will pay for them - as always. It's not *all*, just most

Edited by madras on Friday 30th November 16:31

[Miyagi]

madras said:

Why are so many of the Gallardo's up for sale at close to 80k when they are only worth low 70s. A LHD one sold at Joe Macari this week for ~£63k with 16kmiles on it. So RHD would be worth about 70-72k (trade would be about 65k i reckon). Yet even ones with 20k are up for £80k, as are some with only 6kmiles.

All the cars I'm talking about are early ones and most manual - although there doesn't seem to be too much difference anyway. A low mileage (6k i think) e-gear sold privately for 75k recently with 9month warranty.

Are people being greedy, is it a lot of SoR stuff up at the moment? i see a correction down by about 10k on a lot of stuff

I await slamming by Gallardo owners looking to sell... Sorry but someone had to say it.

well here is Slamming No.1

I haven't looked into the sale price of the G for a while. But I would say if alot of cars are up for sale @ £80ish K then you are right in reality they are probably worth mid 70's.

I think the reason cars with 6K and 20K miles are selling for a similar amount is whilst we are all attracted to low mileage car. Problems can exist even if your car has low mileage.

Firstly: the car may have had some techie guy sit in it and wind the clock back

2ndly: and probably more important a car that has been sat around isn't always going to be in the best shape.

Are people being greedy I don't know but due to the huge amount people loose on cars (especially when they finance them) they will attempt to get the highest possible price.

But as long as people keep paying £80k for these cars then they are worth it.....to someone at least

[ted 191]

madras said:

tomtom said:

Surely if they're all for sale at £80k then inherently they're worth £80k?

they are worth what someone will pay for them - as always. It's not *all*, just most

Edited by madras on Friday 30th November 16:31

Just sold my jan 04 with 13k miles for £80k, so that answers your question

[johnfm]

That's a pretty decent residual for a three year car, no? What did it list at, £120k??

[autocraft]

I paid 81250 for mine in late september its covered 8500 miles.I was worryed that there would be a lot for sale during the winter for less than i paid but so far the only cheap ones i have seen have been cars in less desirable colours and in less than mint condition.I am hoping that it is still worth high 70's at the end of next summer as i would like to change it for a 06 model.What do you think.

[johnfm]

Bumped into a guy in Manchester yesterday (I went to Lambo Manchester (Stockport actually!) to show my son the Gallardos - unfortunately the plac was closed!).

Anyway, this bloke reckoned he had come across a RHD G in yellow in Hull for low 60s!! Must have had some dodgy history for that money.

[autocraft]

autocraft said:

I paid 81250 for mine in late september its cover3d 8500 miles.I was worryed that there would be a lot for sale during the winter for less than i paid but so far the only cheap ones i have seen have been cars in less desirable colours and in less than mint condition.I am hoping that it is still worth high 70's at the end of next summer as i would like to change it for a 06 model.What do you think.

How wrong was i both myself and my brother have sold our cars for £65000 each in the last couple of weeks,never dreamed i would be doing that last year but at least the car i replace it with will have lost the same money so nothing gained nothing lost well thats how iam looking at any way.

[Miyagi]

autocraft said:

autocraft said:

I paid 81250 for mine in late september its cover3d 8500 miles.I was worryed that there would be a lot for sale during the winter for less than i paid but so far the only cheap ones i have seen have been cars in less desirable colours and in less than mint condition.I am hoping that it is still worth high 70's at the end of next summer as i would like to change it for a 06 model.What do you think.

How wrong was i both myself and my brother have sold our cars for £65000 each in the last couple of weeks,never dreamed i would be doing that last year but at least the car i replace it with will have lost the same money so nothing gained nothing lost well thats how iam looking at any way.

So whats your new car?

All cars are going to be dropping like flies this year....

I'm getting rid of my BMW so hopefully I will get a bargain.

[autocraft]

Not sure which car i will get yet although it will probably be an 06 Gallardo or a Ferrari 430 just depends on values next spring iam hoping to get one of those for around 70k i did think about a BMW CSL as my brother had one last year and we both thought it was great, however it just cant compete with the lambo or ferrari for looks,sound etc (thats my opinion only,dont want this to go the way many other threads have on here).I have been quite lucky with my sale realy because although i have a deposit on my car the man whos buying it doesnt want it till jan 09 so i now have a depreciation proof Gallardo till next year.If you or any one else has any ideas on my future car iwould like to hear them.

[isuk]

autocraft said:

....If you or any one else has any ideas on my future car I would like to hear them.

Where are the R8 boys when you need them

[Miyagi]

autocraft said:

Not sure which car i will get yet although it will probably be an 06 Gallardo or a Ferrari 430 just depends on values next spring iam hoping to get one of those for around 70k i did think about a BMW CSL as my brother had one last year and we both thought it was great, however it just cant compete with the lambo or ferrari for looks,sound etc (thats my opinion only,dont want this to go the way many other threads have on here).I have been quite lucky with my sale realy because although i have a deposit on my car the man whos buying it doesnt want it till jan 09 so i now have a depreciation proof Gallardo till next year.If you or any one else has any ideas on my future car iwould like to hear them.

Lucky man.....G is hard car to beat.....I'm not a F man but the F430 is a good car....I don't know what else to suggest maybe a 911 Turbo? or a newish R8....Not much available without spending mega money (which is not advisable right now imo)

I'm considering Aston Martin or M5 really and probably will go for the M5 did briefly consider M3 CSL but wife doesn't really like them.

[Miyagi]

isuk said:

autocraft said:

....If you or any one else has any ideas on my future car I would like to hear them.

Where are the R8 boys when you need them

LOL

[isuk]

The 997 turbo is a seriously good car but not as much of an adrenaline rush as a Gallardo. The F430 is superb and has a very different feel to the Lambo and well worth trying one out as they are very good value now. If you are looking at minimising depreciation the 997 GT3 seems to be a good bet due to the low numbers built. I've not personally driven one but only heard good things about them.

[Miyagi]

How about thinking really outside the box and go for a Ford GT??

[IMI A]

OPC East London recently took a March 07 Black G egear in px for £80k (12k miles) against a new 997 turbo. 18 Month old cars are swapping hands for £80k nowadays. Sign of the times

[martin thomas]

I'm still very happy at getting my dec04 gallardo for 65k. In fact i'd say i'm over the moon.

ps the one i bought was darrens(autocraft) brothers car.


Martin

Edited by martin thomas on Sunday 5th October 18:26

[Steve_M]

Gallardos especially for some reason are taking a hammering over here in the US. an '04 17k to 20k miler is going for around £50k

[autocraft]

martin thomas said:

I'm still very happy at getting my dec04 gallardo for 65k. In fact i'd say i'm over the moon.

ps the one i bought was darrens(autocraft) brothers car.


Martin

Edited by martin thomas on Sunday 5th October 18:26

Good to hear that you are enjoying the car how could you not only sold mine because the guy was offering me good money he did want Matthews but you beat him to it.Matthews was better value than mine too well done.