Negotiation at jct 600 lotus?

Negotiation at jct 600 lotus?

Author
Discussion

hughcam

Original Poster:

427 posts

172 months

Sunday 2nd August 2015
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Anybody had sucess negotiating/haggling on a used Lotus at the dealer above?

pmyhill

34 posts

241 months

Monday 3rd August 2015
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surely it depends how much discount your wanting - there will big a difference in asking for £20 off rather than £2,000

simpo555

560 posts

171 months

Tuesday 4th August 2015
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Pick your car. Make an offer. They either accept or decline.

If it's a Lotus, niche market, not loads of buyers. Good deals can be had. Have to know your product.

Bebee

4,697 posts

232 months

Wednesday 5th August 2015
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I'd say most dealers are 'movable' on prices, phone all Lotus dealers nationwide though.

I went to Oakmere Lotus last week to have my oil cooling pipes done (factory recall) and was given the key for a V6 Exige, they gave a great PX price for mine, I'd still sell it myself though for the extra, and I like having the cash when negotiation.
In that time to now the orange V6 Cup they have has been reduced by 5k, it's now 60k and new.
So that might have further reduction on a cash deal.

I was bitten by the V6.

Edited by Bebee on Wednesday 5th August 21:15

hughcam

Original Poster:

427 posts

172 months

Wednesday 5th August 2015
quotequote all
Bebee said:
I'd say most dealers are 'movable' on prices, phone all Lotus dealers nationwide though.

I went to Oakmere Lotus last week to have my oil cooling pipes done (factory recall) and was given the key for a V6 Exige, they gave a great PX price for mine, I'd still sell it myself though for the extra, and I like having the cash when negotiation.
In that time to now the orange V6 Cup they have has been reduced by 5k, it's now 60k and new.
So that might have further reduction on a cash deal.

I was bitten by the V6.

Edited by Bebee on Wednesday 5th August 21:15
Likewise, I had a sit in a used Exige V6 and the salesman asked if I fancied taking out.... I declined on the basis that I wanted to do the sums back at home.

The reason for the original question is that they appear to have old used stock hanging around for ages with out being sold.

Guiseley

197 posts

176 months

Tuesday 11th August 2015
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No doubt there is wiggle room, but we couldn't find any.

A couple of months ago they had a red Evora S at £37k, they wouldn't budge, and then didn't impress with their trade-in offer (one of which I'd have hoped to get something from).

We did our normal trick of walking away. We got £1,600 more for our car in a private sale, and they discounted their Evora down to £35k - unfortunately just after we bought a different one privately.

They had surprisingly little used Lotus stock, so wonder if they were trying to maximise £££ per car?

Boggy

4,603 posts

242 months

Tuesday 11th August 2015
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The right car (everyone wants) will sell if they have priced correctly simple ! 2k off a car at 37k is a bit of an ask as they have probably paid 33.5k – 34k for it

Don't forget dealers have to make a profit !

Great deal's on new car's (retail prices paid if you are a Lotus customer), I'm looking to buy an Exige S V6 next so will probably sell my Elise R privately (it's a cracking car) but will not be until next year at the earliest

Boggy

Guiseley

197 posts

176 months

Wednesday 12th August 2015
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Boggy said:
The right car (everyone wants) will sell if they have priced correctly simple ! 2k off a car at 37k is a bit of an ask as they have probably paid 33.5k – 34k for it
No I wasn't clear enough - they changed the sticker price from £37k to £35k a couple of weeks after not budging during my negotiations - I'd have snapped their hands-off if they'd have some down £2k but I'd just bought elsewhere when they bit the bullet.

simpo555

560 posts

171 months

Wednesday 12th August 2015
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Been down that path. Dealer couldn't possibly budge on the price. Walk away. Two weeks later, miraculously, able to take off £1800. Luckily for him hadn't bought a car so got a deal. Not JCT

Denno B

968 posts

212 months

Sunday 16th August 2015
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I would say most dealers would be open to negotiation. Have kept an eye on the market last several months or so and many cars have sat on the forecourts and been reduced without selling. One in particular was £55k, down to £50k and now at £48k on a 15 plate with 1.8k miles. With the 50/50 deals still running it seems second hand cars are currently proving very difficult to shift.

STMM

72 posts

143 months

Sunday 23rd August 2015
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They're salesmen ultimately and representing a business. The offer has to suit you and them. Be reasonable and realistic in your expectations, compare the market. I just bought an Elise S Cup from them and am happy with my 'deal' so stick with it, they're not a bad dealership from what I've seen and my car if fair when compared with other cars and dealerships. Plus, they're Northern. Bingo.