Anyone know what the trade are paying 2nd hand?
Discussion
Considering a 2nd hand Noble, and I'm wondering if anyone will let me know what the trade is paying for 2nd hand 3Rs? PM me if you'd prefer.
Just wanting to know what they are actually changing hands for. I get the impression people are reluctant to buy them direct and prefer dealers, which would give the dealers a lot of leverage to stick it to you when selling. I don't suffer the same fear of buying direct so presumably could generate a win for all parties by bypassing the dealer.
Thinking very early 3R here though, not something made last month.
lol I should ring them saying I want to sell them a 3R and see what they offer
Hard to go by the prices on PH as a lot of those cars have been sitting around a very long time. I'm wondering what they actually change hands for when they finally sell. I have a suspicion that it takes the sellers a while to get accustomed to the mental shock of what it can actually be shifted for, hence the long period sat at a price the market won't offer.
Definitely a tad concerning how hard it seems to be to shift a noble when considering buying one. Then again there's the famous maxim 'Its not what you sell it for, its what you bought it for'...
DanH said:
It would Nathan, and I'm going to look at a 3 soon assuming the seller doesn't change his mind, but I do quite fancy the new lights and alloys, so just wanted to evaluate what it would cost extra.
35k for a crash damaged one seems optimistic to me...
Especially if you look at the state it was in from the photos i took
Dan,
You'll be hard pushed to find a GTO-3 with a 6-speeder and ATB diff - very few were converted to this spec. However, both these components are standard on the 3R.
We seldom hear of GT0 2.5s going for less than £35k, let alone honest, non accident-damaged 3Rs. GTO-3s start in the late thirties, and 3Rs have not really been out long enough to establish genuine residual values.
You'll be hard pushed to find a GTO-3 with a 6-speeder and ATB diff - very few were converted to this spec. However, both these components are standard on the 3R.
We seldom hear of GT0 2.5s going for less than £35k, let alone honest, non accident-damaged 3Rs. GTO-3s start in the late thirties, and 3Rs have not really been out long enough to establish genuine residual values.
DanH said:
Considering a 2nd hand Noble, and I'm wondering if anyone will let me know what the trade is paying for 2nd hand 3Rs? PM me if you'd prefer.
Just wanting to know what they are actually changing hands for. I get the impression people are reluctant to buy them direct and prefer dealers, which would give the dealers a lot of leverage to stick it to you when selling. I don't suffer the same fear of buying direct so presumably could generate a win for all parties by bypassing the dealer.
Thinking very early 3R here though, not something made last month.
YHM
DanH said:
Considering a 2nd hand Noble, and I'm wondering if anyone will let me know what the trade is paying for 2nd hand 3Rs? PM me if you'd prefer.
Just wanting to know what they are actually changing hands for. I get the impression people are reluctant to buy them direct and prefer dealers, which would give the dealers a lot of leverage to stick it to you when selling. I don't suffer the same fear of buying direct so presumably could generate a win for all parties by bypassing the dealer.
Thinking very early 3R here though, not something made last month.
YHM
I have to admit that this has been a deciding factor for myself too as an eager beever who wants to purchase a 3R! The price mystery does perplex me some what! Forinstance, James is selling a brand spanker for 49K! No miles!! Sounds an absolute bargain! Wouldn't you all agree? I then see a few others in the classifieds that are the same 04's with a few thousand miles going for 3-4K less with upgrades etc. Now I presume that most of these where of the 53-57K spec when purchased which seems an awful amount of dollars to loose in the first 6 months!!! I'm not so sure that I could bring myself to that right now!! Does kind of beg the question- is it worth it! I know the whole experience is, but the dent in the pocket that soon follows is leading me to think otherwise! I've been looking at a few Boxster 'S''s too which although aren't in the Noble league are similar money once spec'd but retain a much better residual value. You also get to take the roof off and gain an extra 12months warranty! Decisions, decisions!! Having been dreaming of a 3R for the last couple of weeks I'm actually contemplating a '3' or even the 2.5. I would say that on a 2 year old '3' you could probably get the same money back as you payed for it if you kept it for 12 months!
I was under the impression that Nobles where rare and bought quicker than the time it takes to put a post up on the classifieds on PH! Having looked through the classifieds though that does seem to not be the case. Why? Maybe I should have gone in feet first rather than delaying and allowing apprehension to set in!!!
I was under the impression that Nobles where rare and bought quicker than the time it takes to put a post up on the classifieds on PH! Having looked through the classifieds though that does seem to not be the case. Why? Maybe I should have gone in feet first rather than delaying and allowing apprehension to set in!!!
You'll come up with many reasons not to buy an M12 the longer you mull it over (I did!)!
Hmmm, a Boxster - can you seriously compare this to a Noble? An M12 will make you grin from ear to ear every time you get in it - a Boxster may make you smirk a little!!!
- just imagine each outside of your house - which one would you like to see parked up, when peering through your curtains - nuff said?!
As 3rtt says, go for it - leave golf, oil-painting and driving Porkers for later in life!!! :-)
Hmmm, a Boxster - can you seriously compare this to a Noble? An M12 will make you grin from ear to ear every time you get in it - a Boxster may make you smirk a little!!!
- just imagine each outside of your house - which one would you like to see parked up, when peering through your curtains - nuff said?!
As 3rtt says, go for it - leave golf, oil-painting and driving Porkers for later in life!!! :-)
Well its considered normal to lose at least the VAT on a car as soon as you drive off the forecourt. By that basis a new 3R that means your 56k purchase is worth 46k pretty much instantly. Of course some premium marques with a lot of heritage manage to control supply & demand so well that there is a constant premium on the new cars, so the early loyal customers get to own them for free for a year before grabbing the next model. It must be nice to have a relationship with Ferrari that gives you a year of 360CS for free before trading up to the next great thing.
Still I reckon porker residuals are a bit of a myth and suffer the same issue that Nobles do. i.e. very hard to sell to anyone but a dealer, and the dealers will take your shirt (partly because they want to maximise profit, but also because it could be sat on the forecourt a while costing them money and depreciation). Just browse the Porsche forum here if you don't believe me (and be glad you didn't buy a GT2!).
Whilst I respect your comments Micknall, I think perhaps you refer to dealer prices, which are presumably 2-5k above what they offer the seller who wants to trade in. Definitely agree you won't find an honest 3R for 35k though - early 40s, maybe even very late 30s I'm no so sure...
ricardo - I don't think a Boxster is a useful comparison
Totally different type of car. >> Edited by DanH on Friday 18th June 11:47
Ricardo, in response to your note about early depreciation you must not ignore the recent price reductions which has hit recent buyers at the 53-57k territory very hard.
I have a GTC on order, which I am reluctant to go through with until they have decided whether or not they are going to build the hot variant (ie true M12 power, not a turbo and exhaust down).
Failing that I shall probably be in the market for a second hand tin top, using the balance of funds for a cheap convertible, and I must say that brand new 3R for 49k looks enticing!
I have a GTC on order, which I am reluctant to go through with until they have decided whether or not they are going to build the hot variant (ie true M12 power, not a turbo and exhaust down).
Failing that I shall probably be in the market for a second hand tin top, using the balance of funds for a cheap convertible, and I must say that brand new 3R for 49k looks enticing!
Dan, remember that typical 3R £56K total price (which I, for one, paid! :-( ) is now £53,500, with the recent price reduction. You are correct about the VAT depreciation - drive it into the street and lop off £10K for Uncle Gordon Brown for starters!
Unfortunately, anyone selling a 3R today has to take the price reduction into account - whatever price they paid for it!
Unfortunately, anyone selling a 3R today has to take the price reduction into account - whatever price they paid for it!
DanH said:
So anyone selling a 3R for late 30s?
My old 3R azure blue one is for sale on the classifieds at £45995. A guy from Yorkshire bought it from me without seeing it as he sources cars for private buyers with loads of dosh and no time to look.
He took it down to his client who test drove it then told him he did not want it, thus he's stuck with a marque he does not normally trade with. He's a trader and may take a hit on it just to shift it. You might get it for nearer 40 than you think
[ulr}www.pistonheads.com/sales/detail.asp?i=23927&s=108[/ulr]
I'm not at all convinced about residual values from personal experience - to a ceratin extent its the pace of model change
2.5 values were heavily affected by the 3 litre cars ( I know, I couldn't get more than 35k for mine last Sept, a drop of 13k in just over a year, and the dealer was not even wishing to offer) and the 3's are affected by the 3R
the 3R will drop rapidly as soon as its properly replaced
2.5 values were heavily affected by the 3 litre cars ( I know, I couldn't get more than 35k for mine last Sept, a drop of 13k in just over a year, and the dealer was not even wishing to offer) and the 3's are affected by the 3R
the 3R will drop rapidly as soon as its properly replaced
Gassing Station | Noble | Top of Page | What's New | My Stuff