Cars Listed on Pistonheads

Cars Listed on Pistonheads

Author
Discussion

timhum

Original Poster:

163 posts

190 months

Saturday 18th November 2023
quotequote all
I looked on the Alpine for sale section today and there are 78 cars listed! What's going on?

Tim

Iceblue

116 posts

38 months

Saturday 18th November 2023
quotequote all
150+ on autotrader many sports and prestige cars on the market at the moment and not selling, the pandemic boom in prices as definitely gone.

K800 RUM

352 posts

199 months

Sunday 19th November 2023
quotequote all
Dealers are going to have to offer some big discounts if they want to shift anything.

johnnyreggae

3,001 posts

167 months

Sunday 19th November 2023
quotequote all
Many of them are cars that dealers are awaiting or have in stock as well as any used - there have been financing or service offers for the past few weeks and a few stories of discounts on new cars

Iceblue

116 posts

38 months

Sunday 19th November 2023
quotequote all
Mate of mine works works for Porsche and they have had used 911s on the forecourt for months unsold, and new stock for immediate delivery that as had a 24 month lead time.

undred orse

1,005 posts

203 months

Sunday 19th November 2023
quotequote all
I’m looking at a 110 gt - new. Anyone aware of discounts available and what dealers are recommended? Thanks.

johnnyreggae

3,001 posts

167 months

Sunday 19th November 2023
quotequote all
Are you looking for a stock car or built to order - the latter will give you less leverage - for the former you may need to call every dealer to see who has a good spec/price/availability combination - I think factory finance is 5.9 % and/or free extended warranty to 5 yr - I believe some dealers have introduced 0 %

Edited by johnnyreggae on Sunday 19th November 20:01

undred orse

1,005 posts

203 months

Sunday 19th November 2023
quotequote all
Thanks for the response. I’d be quite happy with one from stock I’m flexible about spec so happy to take advantage of any incentives to,shift stock. Any idea of the 0% terms as the best I’ve seen is 5.9 % which means I’d stay with cash and hope for a discount.

johnnyreggae

3,001 posts

167 months

jimmyslr

805 posts

280 months

Monday 20th November 2023
quotequote all
johnnyreggae said:
Interesting. I wonder what appetite they would have for a discount and buying in cash? I imagine the challenge with that is that it’s the OEM/finance company taking the hit on 0% deals rather than the dealer who still sees a commission. I will keep watching closely, including the trickle down of the implications for lightly used prices.

A couple of PE cars have sold on collecting cars for 36k (incl fees). The one last night with 8k miles looked in good nick. With dealers at early 40s for those and climbing from there it looks like there’s a bit more deflation to be seen.

Andy665

3,806 posts

235 months

Monday 20th November 2023
quotequote all
jimmyslr said:
Interesting. I wonder what appetite they would have for a discount and buying in cash? I imagine the challenge with that is that it’s the OEM/finance company taking the hit on 0% deals rather than the dealer who still sees a commission. I will keep watching closely, including the trickle down of the implications for lightly used prices.
Very often the case that 0% deals are in part funded by dealers as well as the manufacturer

Venisonpie

3,647 posts

89 months

Tuesday 21st November 2023
quotequote all
jimmyslr said:
Interesting. I wonder what appetite they would have for a discount and buying in cash? I imagine the challenge with that is that it’s the OEM/finance company taking the hit on 0% deals rather than the dealer who still sees a commission. I will keep watching closely, including the trickle down of the implications for lightly used prices.

A couple of PE cars have sold on collecting cars for 36k (incl fees). The one last night with 8k miles looked in good nick. With dealers at early 40s for those and climbing from there it looks like there’s a bit more deflation to be seen.
I'd give it a few more weeks and wouldn't hesitate to make a bold offer on a new stock car. If they can clear down a unit before year end they might be tempted.

jimmyslr

805 posts

280 months

Tuesday 21st November 2023
quotequote all
Venisonpie said:
I'd give it a few more weeks and wouldn't hesitate to make a bold offer on a new stock car. If they can clear down a unit before year end they might be tempted.
Yep, that was where I was getting to. It helps that the specs of Alpines are relatively narrow in terms of colours and options. I'm sure we all prefer slightly different things, but in general the spread of specs on an Alpine is not in the same league as on, say, Porsches. It makes it easier to find a range of cars that fit the bill and then make some offers.

Call me mad, but I'm thinking the new cars might invite cheeky offers of 10k under list prices of high 60s and the 1-2 year ones in mid 50s could be offered at a little under 50.

As a related aside, and an indication of where the market is heading a friend was offered a new Porsche Turbo S for £50k off the notional list price, almost 25% off. That's a car sitting at the OPC dealer alongside many others and at some point they need to shift them. For those with long memories we have seen this before.

Venisonpie

3,647 posts

89 months

Tuesday 21st November 2023
quotequote all
jimmyslr said:
Yep, that was where I was getting to. It helps that the specs of Alpines are relatively narrow in terms of colours and options. I'm sure we all prefer slightly different things, but in general the spread of specs on an Alpine is not in the same league as on, say, Porsches. It makes it easier to find a range of cars that fit the bill and then make some offers.

Call me mad, but I'm thinking the new cars might invite cheeky offers of 10k under list prices of high 60s and the 1-2 year ones in mid 50s could be offered at a little under 50.

As a related aside, and an indication of where the market is heading a friend was offered a new Porsche Turbo S for £50k off the notional list price, almost 25% off. That's a car sitting at the OPC dealer alongside many others and at some point they need to shift them. For those with long memories we have seen this before.
Agree, I think aiming to pay 50k for a 60k car would be where I'd try.

Simon Owen

838 posts

141 months

Tuesday 21st November 2023
quotequote all
Downloading the desktop Autotrader Price Tracker widget makes for some interesting reading, cars in stock for well over 6 months, not moving and dealers reducing prices month by month. I wasn't aware it existed until recently but it is a very useful app if you are seriously in the market to buy.

'Overs' on Porsche GT products are moving quite significantly.

Frothar

4 posts

10 months

Friday 23rd February
quotequote all
Cars at the £35k~ mark have been up for over a month now and some on autotrader for longer. What do we think the floor will be since I am getting very tempted

7en

281 posts

18 months

Friday 23rd February
quotequote all
Frothar said:
Cars at the £35k~ mark have been up for over a month now and some on autotrader for longer. What do we think the floor will be since I am getting very tempted
I'm not giving any objective buyer advice as I'm an owner hoping they don't drop too much, rather than a prospective buyer hoping they do.

There are a few things people have been talking about which could affect future values - new EU laws in July which may restrict production quite heavily with few cars left for the UK market and only around 1000 on the road as we speak left for the used market, the ICE A110 coming to the end of it's life cycle within a couple of years, and the shift to the A290 (being revealed in June) and future electric models so dealer stock will be decreased.

I think a fair used value for the car you're getting is ~£40k so wouldn't expect them to drop too far below. I was personally waiting for the used market to drop below £40k but a great deal came along and was willing to pay a premium to get into a brand new car with new infotainment system etc as plan on keeping it for life.

Edited by 7en on Friday 23 February 21:38

Colin P

459 posts

150 months

Saturday 24th February
quotequote all
Frothar said:
Cars at the £35k~ mark have been up for over a month now and some on autotrader for longer. What do we think the floor will be since I am getting very tempted
The weather is getting better. Expect demand to increase. Winter is not the time to be selling,but is the time to buy.

jimmyslr

805 posts

280 months

Saturday 24th February
quotequote all
Frothar said:
Cars at the £35k~ mark have been up for over a month now and some on autotrader for longer. What do we think the floor will be since I am getting very tempted
A few have sold on CC for 33k over the last several months so that would seem to have been the floor for a private sale. Admittedly some fees on that take it to more or less 35k so I imagine over recent months that floor has dropped a little.

Dealers are now asking 35-38k at the lower end. Assuming they need a 5k spread and expect some haggling I’d imagine an entry level car is +\- 31-32k for a private sale and trade a couple of grand less. If you plug one of those 35k dealer cars into WBAC you get a 28k offer being the bottom of trade.