Parkers price guide
Discussion
is it me or is this way out when it comes to the elise?
A 111s 04 plate with 40k miles from a 'Franchised Dealer' £13,055. I've seen an 04 plate 111s in a dealers for £18k with 30k on the clock.
I know that price is there to be knocked down but not by £5k.
I've used parkers before when buying other cars but struggling to get a good idea of what i should be paying when it comes to the elise
A 111s 04 plate with 40k miles from a 'Franchised Dealer' £13,055. I've seen an 04 plate 111s in a dealers for £18k with 30k on the clock.
I know that price is there to be knocked down but not by £5k.
I've used parkers before when buying other cars but struggling to get a good idea of what i should be paying when it comes to the elise
Check on Parkers, check through classifieds on here, Autotrader and SELOC, check on this website http://www.virtual-showroom.co.uk/scripts/nuvv/nuv...
Just have a shop round.
I wouldnt want to pay more than 13k for that car, dependant on condition.
Just have a shop round.
I wouldnt want to pay more than 13k for that car, dependant on condition.
I would ignore Parkers (and other 'guides') and keep an eye on the classifieds. Also ebay auctions - then you see the selling price.
The problem with price guides is that the only reliable indication of selling price they can use (AFAIK) is auction results. These do not reflect retail sales or even private sales. Moreover they've got to be at least 3 months out of date and so don't account for seasonal variations.
The condition ratings are also questionable. Cars at auction are cheap because the buyer hardly gets to check the car out. So how on earth do Parkers make a suitable assessment?
I got a good idea of value by offering on a couple of cars that would have done and being turned down. Then when a car I really wanted came along, I knew what I had to pay for it.
The problem with price guides is that the only reliable indication of selling price they can use (AFAIK) is auction results. These do not reflect retail sales or even private sales. Moreover they've got to be at least 3 months out of date and so don't account for seasonal variations.
The condition ratings are also questionable. Cars at auction are cheap because the buyer hardly gets to check the car out. So how on earth do Parkers make a suitable assessment?
I got a good idea of value by offering on a couple of cars that would have done and being turned down. Then when a car I really wanted came along, I knew what I had to pay for it.
te not even remotely close, we actually laugh about it in the trade because loads of buyers take it dead seriously. Even glasses guide to a degree is just that a "guide". Like others say the classifieds will show you a more realistic value of a car.tripleblack2 said:
I'd have said thats not to bad a price. maybe £500-700, depending on how much they need to shift it
JTBUSH said:
According to a recent post on SELOC, Lotus Dealers arent in any desperation to get rid of second hand cars so dont be under any illusion you will get a great deal due to the current economic issues. There are apparently more buyers than cars available. Make of that what you will!
Yeah a lot of Lotus are going abroad because of the strong Euro, if a cars been in a while though they will be keen to move it on.Gassing Station | Elise/Exige/Europa/340R | Top of Page | What's New | My Stuff