Another Gallardo buying question

[madmedman]

Hello all,

So after driving my G82 M4 for 2 years and £10k on endless exhaust mods to make it sound like a Gallardo/Murcielago, I gave up and sold it a couple of weeks ago. I have always been a yellow Lamborghini fan, from the days of Need for Speed 3 (wish I could get a ND4SPD plate). And current Gallardo prices are almost in my reach, by finance that is. I have read everything G here and watched every youtube video there is, including the diy ones, clutch replacement, tubi exhaust and cats install, etc. I even imagine the car in my driveway

I need a bit of help with the finance part just to get an idea how much apr and where I should go shopping. Although my bank would loan me 60k for car finance but they will not approve a Gallardo, so useless in that regard. Some generic finance examples on AT show an APR of 13

Any recommendations? PH recommends Charles and Dean and I havent spoken to them yet.

How does it work? Is it separate application for every car or an agreement in principle?

Also, I am not very familiar with the market but can I haggle with the dealers? How much room is there? I guess that depends on the car and the seller.
I am still shopping but this one looks good?

https://www.autotrader.co.uk/car-details/202301103...

My ideal would be a 2006, yellow, coupe, manual, <40k miles. But beggars cant be choosers. The nero ones are my second, and I think £65k will be my max in terms of finance and monthlies (provided apr is <8%)

Apologies my head is all over the place. Too much Gallardo in my head in the last week. Its beginning to hurt now.

[madmedman]

Hello mate.
I would really love to have a manual and the early even firing V10.
But having spoken to one finance broker, it looks like finance would be difficult as most lender will only finance a car that is max 12 years old. And if I go for the Lp, the monthlies would get it out of my reach.

[madmedman]

I bought a trusty Honda civic mk8 hatchback to start saving for the deposit for the G. I actually PCPd the G82 from BMW on launch day. 2.9% Apr and with an £3k deposit, I was paying £1014 a month. Kept the car and treated it as my own. Installed the m performance exhaust, wing/spoiler, sports cats, midpipe, other engine mods, etc, etc. More than 15k on the mods. Sold it and the buyer paid BMW direct. I did remove some mods to recoup some of the spend but not much.

I am a bit autistic and no offence to audis (gallardo is an audi) but I am only focused on getting the G. I could never like the H or even the aventador. I am a diablo/murci and G person.

So for me, honda civic as a daily and G for weekends. I do have some funds dedicated to repair the G in case of unforeseen circumstances. But I can't buy the car outright. I just can't afford it.

I have spoken to a few finance companies and none would touch a car older then 10-13 years. I have even measured my garage and it will barely fit the car and I will need to improvise a way to get out of the car as the door will not have the space to open. From my M4, I use to get out via the boot.

Edited by madmedman on Monday 13th March 20:41

[madmedman]

Any thoughts on this one guys?

https://www.pistonheads.com/buy/listing/14148608

Any help will be highly appreciated.

[madmedman]

ex-devonpaul said:

Great stuff - you really have thought about the pitfalls.Maybe you just need to get a bit more upfront money,

Odd about finance on older cars, I'm pretty sure I saw finance offers on a Testarossa in Carrs in Exeter about 4 years ago.

And I assume the rear seats fold down on the M4

Thank you. It did indeed have rear folding seats, an option if you would believe it.

I guess I will keep looking for a G and in the meantime, work on a bigger deposit, hopefully soon.

[madmedman]

Sarnie said:

Personally, it sounds like this is all a big stretch for you.

I would perhaps pick a stepping stone car, circa £45k-£50k. Plenty about in that bracket, pick one that has already done it's depreciation, Lotus maybe? Buy well and keep saving.

Gallardo's aren't going anywhere. I'd rather buy the best example of a car I can afford, than the very bottom rung of a car I can't really afford.

Early Gallardo's may be into low £60k's but they can still hit you with some eye watering bills if you don't buy the right car.

Have you actually been in one? The doors are really wide and you need a good distance to be able to open them wide enough for you to be even able to slide out............

Thank you.
I agree with you. I know it will be a bit of a stretch, but I have rarely been sensible I am absolutely focused on getting the right car and will keep looking even for months. I think this will also help me get a bigger deposit.

[madmedman]

M2287 said:

I can thoroughly recommend Krish at approved finance, he arranged finance for my 599 which was approx 14 years old when I got it:

https://www.approvedmotorfinance.co.uk/

Thank you for the recommendation. Appreciate it.

[madmedman]

Hi all,

My search for the G continues.
I am torn between manual and e-gear. But I am open to both options. Can I get a bit of help?

Any thoughts on this car?

https://www.autotrader.co.uk/car-details/202301103...

The MOT history is quite interesting. Mileage drops a couple of times and also looks like one error where the mileage was recorded as 150k. Odometer tampered with? I dont know.

Also, there is an Arancio manual for sale but with over 60k mileage. But this one had a replacement engine. I have asked the dealer about this history and hopefully will get a reply after the holidays.

Thanks.

[madmedman]

andrew said:

"Last Serviced At 22,369 Miles On 30/09/2022 By Backdraft Motorsport"

give mark a call at https://www.backdraftmotorsport.com/

Brilliant. Thank you. I will do.

[madmedman]

Dear all,

My search for a gallardo continues. I need some help from you all.

I have found one car, exactly the spec I would love to have. Only issue is that the service history has been lost. MOT history dates back to 2015 and its a 2004 car. I have been told that it was bought in Italy and the buyer drove it home. He subsequently died and his brother then sold the car. There is a gap where the car potentially sat and not being driven or serviced. From 2015, the mileage history is consistent. I have not seen the car yet. Its about 300 miles from me.

Would you suggest I do a PPI and anything else?

I will appreciate any input, comments.

Cheers mates.

[madmedman]

TBCTBC said:

I'd run a mile personally - a PPI will pick up the state of the car now but probably not a lot of what has happened in the past.

Have you contacted a dealer to see if an electronic, online service record was kept?

Hi. Thank you. I am quite cautious as well about this car. I haven't spoken to a dealer yet. I was told that an independent JM imports in Newcastle last serviced it. From the looks of it, I dont think a main Lamborghini dealership has serviced it, from as far as the seller is aware. Also, it may be the paranoid in me, but the seller is new and the company was registered in 2021. But this may not be relevant

Thanks.

[madmedman]

70proof said:

Both the prev cars you link look good, always thought top gear had good stock, an engine change means you have a younger engine...

Might come down to money, and colour choice, black hides the lines and looks stealth imho

This last car, if it's much cheaper than due diligence might get you a bargain. How much cheaper is it, I suppose the aranchio car is the benchmark

Thank you very much. Thats very sensible. The more i see these orange gallardos, the more i prefer the colour. But at times, I think it would be best to go for a black and stealthy car. I am still taking my time to decide which one to go for.

There is also yellow manual in Ireland,

https://www.donnellyautomotive.co.uk/used/cars/lam...

But its a 2004 car, described as 2006. DVLA shows mileage of 40k but the ad states 20. Also, its £75k when i asked.
Also, why on earth would anyone paint the Cassiopeia wheels black. They look out of this world in silver with any colour car.

Edited by madmedman on Tuesday 2nd May 16:49

[madmedman]

Guys, gals,

Any thoughts on this one?

https://www.autotrader.co.uk/car-details/202207268...

to me a few things stand out. The coilovers, are they going to be a problem? I spoke to dealer and there was a suspension problem, hence the change of suspension arms and coilovers. Would this put someone off?

Also, does the interior wear in keeping with the mileage?

[madmedman]

andrew said:

i've never heard of a car requiring new suspension arms unless it's hit a kerb
the leather often looks tired after modest mileage - my alcantara looks infinitely better than that after four times the mileage

eta, garbage like this would really put me off the dealer :

Factory Fitted Extras
Three layer - Arancio borealis
£2,100
Arancio borealis
£2,191
Leather- Leather Package I
£344
Three layer paint
£2,191
Total value of factory fitted extras
£6,827

Edited by andrew on Tuesday 2nd May 19:14

Thats very helpful. I wondered myself why would the car need new suspension arms without it being involved in an accident. But the aged interior and the way the car is described in the ad really put me off as well. Shame as from outside, the car looks lovely.

So far, all cars with the gated manual have some apparent issues.

The arancio from topgear was originally silver and had had a colour change by non-lambo dealer, engine changed by lambo but 67k miles are a bit high and i will struggle to sell if down the line.

This one checks all the boxes for me, but the mileage goes up and down as per the mot history. But I am going to speak with BDM (who did the last service) and see if they remember the car:

https://www.autotrader.co.uk/car-details/202301103...

I am losing my mind.

Edited by madmedman on Tuesday 2nd May 20:02

Edited by madmedman on Tuesday 2nd May 20:03

[madmedman]

ex-devonpaul said:

You are looking at cars knocking on 20 years old, so quite a lot of them will have some sort of "history". Ideally a nice thick wodge of invoices with tallying mileage would be nice, but amazing how many dealers seem to mislay service books for cars and not care. It might be coincidence, but I've bought 2 ex lease auction cars and neither had paperwork, although in both cases a phone call to a main dealer confirmed a full history.

I wouldn't get too hung up about a dealer listing standard stuff as options, a lot of Autotrader stuff is copy and paste if they get the spec from the VIN. Sure Andrew has a point about them not knowing the cars, but the 2 most expensive "manual" Gallardos out there seem to be missing a pedal, even Postman Pat can count to 3 on his fingers, and certainly one of the dealers should know better.

The sun is out, the roads are dry, and you are finding it harder and harder to find the right car. At this point it is extremely easy to buy the wrong one

Completely agree with you. Due to the age of these cars and how many hands they change, there is bound to be some issues with them. My main concern is that I avoid one with engine and gearbox issues, internal scuffing, fading, is totally acceptable. But I want one that doesnt need engine rebuild in the near future, but who can confirm. I am happy to overlook some missing history as long as the car is good there and then.

Yeah, so many e-gears are listed as manual that you wonder whether they are car dealers. This whether is really tempting me to just go for one car, but currently i am researching cars, the dealers and their company info as well Just in case the car breaks down when i am driving it home.

[madmedman]

ghost83 said:

I second that, look at the silver gated manual at 65k
That has been for sale for the last 5-6yrs only passing between traders! The current trader bought it from collecting cars for 51k 2yrs ago and banged it up at 70k and now 65k! (That’s still 14k more than he paid)
All the other traders that had it for sale was around 56-63k and it’s never sold

Here’s the reason!

It was an Everyman racing supercar experience car
When I drove it over 10yrs ago it had the dash lit up like a Christmas tree, and if you’ve watched Matt Armstrong with his ex Everyman murci the amount of bodge jobs that they had done to that makes you wonder!

Hence why it’s been for sale around 6yrs
I personally think all gallardos under 100k are around 10k higher than they should be same with some mclarens

Thanks for the headsup about that car. I checked collecting cars and wow, bought for 51k and now 65k. But I wouldnt go for a silver anyway.

There was another blue car, G7 MAT reg, still on sale on ebay, probably not taken off. That one probably changed dealer's hands, 68k by previous dealer and now 75k on sale by GTO. Gone up 7k in one month.

[madmedman]

70proof said:

The pictures of the black car say low miles, only looked on my phone, speak to backdraft also, but I will look at pics on a pc tomorroe

Thank you. Unfortunately, Mark from backdraft declined to disclose anything about the car. But I understand where he is coming from.

[madmedman]

ghost83 said:

What you are up against with the pre lp is unless they’ve had the cats removed the engines will have been sucking in material as they disintegrate therefore more likely need a rebuild on a pre lp than on the lp,

For a rebuild thread look at 4321go he’s just had his which has cost around 20k

Also to switch from e gear to manual is roughly 15k as I’ve enquired recently

Thank you both,

yea, read his rebuild thread, build my trust in these gallardos, seems like he has been using it as a daily.

Guys any thoughts of the two cars on my shortlist (both Manual)?

1. Arancio 67k miles, but new engine by lamborghini, reason being the old engine dropped a valve seat, Hence the new engine has been installed 40k miles ago, sports CATs installed at the time of engine swap to protect it. Engine is the updated one. The rest of the car is 67k miles and interior doesnt look good. Also original colour was silver, repainted by mercedes dealer. 10k cheaper than the next. In Scotland and I am in Kent. Not sure if a PPI can be arranged there.

2. Nero, 25k miles, new clutch and fly wheel, interior and exterior looks good but mileage inconsistency in the MOT history. Dealer states error on part of the mot tester, but why would an error occur four times. Clocked or odometer problem? Cats changed in 2015. 10k more than the previous car. Out of my budget by 6k but not sure if they would reduce price.

I have removed the other arancio from the list as the interior of the car is incongruous with the 15k mileage, highly likely clocked. Also, not on original suspension.

Any ideas guys?

Can I also ask, my first supercar (car) shopping. Should I make offer first, then PPI, modify offer after PPI, deposit, then collect and pay. Or deposit, PPI, negotiate offer, then buy. Sorry, I know stupid question but no idea what to do.

Edited by madmedman on Thursday 4th May 18:02

Edited by madmedman on Thursday 4th May 18:07

[madmedman]

70proof said:

hi, i'll appraise each car given i have a bit of time now....

the black car.... the pictures strongly suggest a low miles and well kept car. the seats are the biggest give away sign. if there are a stack of receipts for all repair work or servicing, then mileage should show as accurate on them, and....

ive put it through car vertical for you.... Lamborghini Gallardo
VIN NUMBER
ZHWGE11M34LA======
Generated on 2023-05-04 21:04Expires in 1 month

YOUR CAR AT A GLANCE
Mileage
No mileage fraud was disclosed by the report.

Theft
This vehicle is not wanted as stolen.

Accidents
There is no data about this vehicle being damaged.

Finance
Not recorded as having outstanding finance.

there are three bad readings with one crazy reading. i wouldnt discount this car, shame backdraft wont discuss it

Edited by 70proof on Thursday 4th May 22:07

man, absolutely legendary. Really appreciate your time and effort in helping and describing all the details to a novice like me. Much appreciated.
So far the black V10 GYR looks the best, albeit a bit expensive, but that is to be expected with all the rage about the manual gated shifters.
The dealer said they will provide an hpi and will also allow an PPI, they are slightly close to RE performance and i will see if they will allow me to take the car to them, or sort out another way. But I still have that niggly feeling that i would regret not waiting for a yellow car or an orange.

the topgear car, very good eye regarding the bolster change and the previous owner wearing a ring It looks like the car was used over the years, hence the condition. Manual with the updated engine, shorter gear ratios is also very tempting, but as someone else said, even if the engine is relatively newer, the rest of the car has still done 67k.

The 2008 e-gear car you mentioned also looks great with seats and rest of interior in good condition, consistent with the mileage. The "A" button between the sport and traction control buttons seems to have unusual wear. Did the owner use the auto mode more than they should have. So for me the next order of business is to ask about clutch wear on this car. But I am not sure I want to get an e-gear but 2008 car with updated engine, suspension and other bits do seem like a better buy. Its advertised to a bit more than it should, almost £70k and 40k miles.

Are the updated cars only 2006 onwards of 2005 as well?

Once again, i appreciate your time and help.

Edited by madmedman on Saturday 6th May 00:29

[madmedman]

70proof said:

https://m.facebook.com/photo.php/?fbid=17337888900...

Thank you again for the brilliant detective work mate.

JM imports has loads of pics and details of work done on this car. I checked and the suspension seem to be knackered and rusted and then coilovers were installed. The engine bay was really filthy with leaves, dirt in it. The wiper arm was fully rusted.

The seller told me that this car was driven from italy new but the owner who is deceased. The car then went to his brother and then changed hands a few times. Last owner was the dealer's friend. I did mention the lack of history before 2015 but I wasnt told that it was abroad. Having checked JM imports and the owner's facebook, it seems like this car spent time in France. It went back and forth between 2017 and 2019. I refuse to believe that this car has only done 15k.

Upon checking the owner's facebook, this car was badly vandalised. It was keyed on every panel. Very hard to see those pics. I wonder how it was repaired.

I think, i will keep the black car on top of my list. Would suit a 50 year old like me i guess. I will send my offer and will see what i get. I will update the thread. Thanks again.