Another Gallardo buying question
Discussion
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.
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.
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.
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.
What have you replaced the M4 with?
I'm curious as you say you'd modded it and sold it, and they were an £80k car new so surely you've got a fair deposit?
If you were leasing it (can you modify leased cars? - I honestly don't know), then that would have been about £1k/month?
Buying a G is quite a leap, especially if you are stretching your finances to buy it. And as someone told me when I was looking at Italian cars, if you can't afford an expensive one, you certainly can't afford a cheap one
A couple of ideas - an R8 will give you a lot of the experience for a lower on-cost, probably more reliable, easier to finance, but every time you get in you'll feel a little tinge of disappointment that you didn't buy what you wanted. So another option is spend £8k or so on an S6 with a 5.2 V10, (or even a W12), so you can get the noise and see how you like the running costs. Then stick the £1k/month you're not spending on finance in a war chest to get a better deposit so when you do bite the bullet you'll have a better choice of cars and more finance options.
I'm curious as you say you'd modded it and sold it, and they were an £80k car new so surely you've got a fair deposit?
If you were leasing it (can you modify leased cars? - I honestly don't know), then that would have been about £1k/month?
Buying a G is quite a leap, especially if you are stretching your finances to buy it. And as someone told me when I was looking at Italian cars, if you can't afford an expensive one, you certainly can't afford a cheap one
A couple of ideas - an R8 will give you a lot of the experience for a lower on-cost, probably more reliable, easier to finance, but every time you get in you'll feel a little tinge of disappointment that you didn't buy what you wanted. So another option is spend £8k or so on an S6 with a 5.2 V10, (or even a W12), so you can get the noise and see how you like the running costs. Then stick the £1k/month you're not spending on finance in a war chest to get a better deposit so when you do bite the bullet you'll have a better choice of cars and more finance options.
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.
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
Any thoughts on this one guys?
https://www.pistonheads.com/buy/listing/14148608
Any help will be highly appreciated.
https://www.pistonheads.com/buy/listing/14148608
Any help will be highly appreciated.
madmedman said:
I bought a trusty Honda civic mk8 hatchback to start saving for the deposit for the G.
[...]
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.
[...] 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.
Great stuff - you really have thought about the pitfalls.Maybe you just need to get a bit more upfront money,[...]
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.
[...] 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
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
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............
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............
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. 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
I guess I will keep looking for a G and in the meantime, work on a bigger deposit, hopefully soon.
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 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............
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.soulkid555 said:
Described as a manual but actually an E-gear when you get to the pics.....Doesn't provide much confidence!
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/
https://www.approvedmotorfinance.co.uk/
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. https://www.approvedmotorfinance.co.uk/
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.
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 said:
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.
"Last Serviced At 22,369 Miles On 30/09/2022 By Backdraft Motorsport"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.
give mark a call at https://www.backdraftmotorsport.com/
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. give mark a call at https://www.backdraftmotorsport.com/
Gassing Station | Gallardo/Huracan | Top of Page | What's New | My Stuff