Hoping to join the A110 club soon
Discussion
Been thinking of getting into an A110 for a while now, second garage car for odd weekends away etc, ad I think it's nearly time to do so.
I've been watching the past few months and prices have definitely reduced and even some cars that were around last summer are still for sale. Whilst I never buy a car for it's resale potential, are they really that hard to shift or are dealers just asking too much?
I've been watching the past few months and prices have definitely reduced and even some cars that were around last summer are still for sale. Whilst I never buy a car for it's resale potential, are they really that hard to shift or are dealers just asking too much?
LE62NDE said:
This thread may answer some of this:
https://www.pistonheads.com/gassing/topic.asp?h=0&...
Thanks, despite the reductions very little seems to be shifting, same cars on AT week after week. Might be time for some cheeky offers!!https://www.pistonheads.com/gassing/topic.asp?h=0&...
ab54666 said:
Thanks, despite the reductions very little seems to be shifting, same cars on AT week after week. Might be time for some cheeky offers!!
Got to try!I’ve just bought one was up at £56,995 from a dealer and after a lot of back and forth we agreed on £53,600 which I am very happy with.
It’s a 2022 2200 miles A110 S Aero with every single option, about £85,000 on configurator today in Fire Orange. I’m sure I’ll still lose money come reseale but I’m very happy with it as the only other on of equal spec up for sale is listed at £61,500
. going to test drive some in some time off I have next week Gibbo205 said:
Got to try!
I’ve just bought one was up at £56,995 from a dealer and after a lot of back and forth we agreed on £53,600 which I am very happy with.
It’s a 2022 2200 miles A110 S Aero with every single option, about £85,000 on configurator today in Fire Orange. I’m sure I’ll still lose money come reseale but I’m very happy with it as the only other on of equal spec up for sale is listed at £61,500
Good to hear even after reduction in asking prices still room to haggle.I’ve just bought one was up at £56,995 from a dealer and after a lot of back and forth we agreed on £53,600 which I am very happy with.
It’s a 2022 2200 miles A110 S Aero with every single option, about £85,000 on configurator today in Fire Orange. I’m sure I’ll still lose money come reseale but I’m very happy with it as the only other on of equal spec up for sale is listed at £61,500
bcr5784 said:
I suspect that values might harden a bit as spring gets fully underway.
Possibly, but with so many for sale it's hard to see them hardening too much when theres so much choice/competition, even Alpine themselves seem to be sitting on a lot, both used and new, actually some quite good deals on new one's right now. I have been surprised on the handful i've enquired on how many are on sale or return and almost all seemed to have missed some servicing (usually brake fluid and gear box oil for some reason).
ab54666 said:
bcr5784 said:
I suspect that values might harden a bit as spring gets fully underway.
Possibly, but with so many for sale it's hard to see them hardening too much when theres so much choice/competition, even Alpine themselves seem to be sitting on a lot, both used and new, actually some quite good deals on new one's right now. I have been surprised on the handful I've enquired on how many are on sale or return and almost all seemed to have missed some servicing (usually brake fluid and gear box oil for some reason).
As the summer months draw closer, bringing with it the warmer weather, and as the new car supply restriction becomes more widely publicised; the prices of all available A110's (new and used) will only harden. Conclusion: for the best deal possible (for new or used), the sooner you negotiate it the better.
Edited by Meonstoke on Monday 26th February 23:02
Meonstoke said:
Not at all surprising. Why would a UK (or of any country) dealer discount on a car which is hot in demand and whose supply is about to be drastically curtailed? The maths suggest that as from July 1st, UK dealers will be able to order around 50 cars max for the rest of the year. Given that - prorata - the UK ordered around 136 new cars for the same period last year; it would suggest they will sell the ~50 quite easily. Once they are ordered and you want an A110 then you're left with what's left on the garage forecourt i.e. current stock + demo + used.
As the summer months draw closer, bringing with it the warmer weather, and as the new car supply restriction becomes more widely publicised; the prices of all available A110's (new and used) will only harden. Conclusion: for the best deal possible (for new or used), the sooner you negotiate it the better.
But the dealers are discounting on all the cars, on new I spoke to one dealer who has 7 new cars available, at least two whilst unregistered they have had for getting towards 6 months or longer. That to me suggests that the supply they have/have had, they can't sell, at the current prices, so it's no surprise the UK dealers will be restricted on future orders.As the summer months draw closer, bringing with it the warmer weather, and as the new car supply restriction becomes more widely publicised; the prices of all available A110's (new and used) will only harden. Conclusion: for the best deal possible (for new or used), the sooner you negotiate it the better.
There are currently 10 new cars on Autotrader, some have been advertised for some while, discounted and with the 0%.2.9% Apr's thrown in to boot.
Theres 130 used cars on Autotrader (and i've found other cars for sale not on there), again many for 6 months+. I've enquired on a handful, doing my homework some haven't been taxed for 12 months+ (of course some could have been intentionally laid up) and a few hadn't been serviced for nearly two years. 130+ for sale and mostly not many shifting out of around 1200 sold in the UK.
That to me doesn't point to prices will be heading upwards anytime soon. If stock isn't shifting at current prices, they tend to only go one way.
My local dealer (orpington)
2023 model, 623 miles (their ex-demo) has been for sale since September, now £54,990 (asking!) down from £58,544 in September
2022 model, 7,089 miles, for sale since October £51,690 asking down from £54,653
They have 8 new ones listed, many I have seen down there for months, one S I actually looked around in the school holidays in July!
So whilst I don't think they have a huge way to fall, I think you will see prices continue downwards for a while. The better weather may halt that to a degree.
There's a couple of R models (new and unregistered) that have been advertised since before last summer, a nice white one (nearly new) that my mate test drove in May 2023. Or my favourite at Hills, (Alpine blue with bronze wheels), for sale for 9 months, now for £5k less. How about the Litchfield white one at Charltons, next month will have been for sale for a year. Or those at Winchester (new) for nearly a year.
This is by no means Alpine related, many marques are far far worse, just see what you can pick up a Taycan for now compared to 9 months ago, they almost can't give them away.
If I can grab a good deal now I will, but for all of the above i'm in no rush, as I predict they'll still be those deals around in 3 months time, or possibly better.
Ab, you may well be right in your analysis - it's all conjecture at the moment. We won't actually know how many new A110's have been ordered in the first 6 months of 2024 until (hopefully) Portii updates his sales charts in 12 months time. Then we can do some backward maths to make an approximation. And to be honest I haven't analysed the Autotrader figures but I'll wager the vast majority of those 130 cars are pre-facelift models which have either been let go by owners once the novelty has worn off (which is normal) or which have been traded in as part of an upgrade to a newer / higher-spec facelift model.
It's true that the sportscar market is dwindling and it is a very small and niche sector these days. And also not helped by question marks about the global economy, and by the various conflicts. All of which is a downer on buying high purchase items and especially on luxury play items such as impractical 2 seater sports coupes! That said, the A110 is not suffering from the over-inflated prices and speculation of Porsche and especially on the 911. JayEmm recently made an excellent analysis of what's going on with 911's - owners/speculators who want to sell have a real problem!
Alpine dealers will no doubt be "encouraging" new orders as much as possible before July 1st - because this is the time to get those orders in before they are heavily restricted in 4 months time. So it's a balancing act the dealers are having to manage. For an economy the size of the UK, having so few new cars on stock for the length of time you mention is not really an issue. The same is true in NL which has had a similar amount of unsold stock for a similar length of time - and bear in mind the NL is a lot smaller economy and the cars are way more expensive than in the UK. But I'm advised they are quite happy with their new orders count so far - and not forgetting that many EU markets do not offer attractive finance schemes as in the UK which appears unique in that area.
If you're in the market for a new A110 which is spec'd to your precise requirements I wouldn't hang around too much longer before diving in. If you're in the market for a used car, especially for a pre-facelift model, you can probably wait longer.
It's true that the sportscar market is dwindling and it is a very small and niche sector these days. And also not helped by question marks about the global economy, and by the various conflicts. All of which is a downer on buying high purchase items and especially on luxury play items such as impractical 2 seater sports coupes! That said, the A110 is not suffering from the over-inflated prices and speculation of Porsche and especially on the 911. JayEmm recently made an excellent analysis of what's going on with 911's - owners/speculators who want to sell have a real problem!
Alpine dealers will no doubt be "encouraging" new orders as much as possible before July 1st - because this is the time to get those orders in before they are heavily restricted in 4 months time. So it's a balancing act the dealers are having to manage. For an economy the size of the UK, having so few new cars on stock for the length of time you mention is not really an issue. The same is true in NL which has had a similar amount of unsold stock for a similar length of time - and bear in mind the NL is a lot smaller economy and the cars are way more expensive than in the UK. But I'm advised they are quite happy with their new orders count so far - and not forgetting that many EU markets do not offer attractive finance schemes as in the UK which appears unique in that area.
If you're in the market for a new A110 which is spec'd to your precise requirements I wouldn't hang around too much longer before diving in. If you're in the market for a used car, especially for a pre-facelift model, you can probably wait longer.
Meonstoke said:
Ab, you may well be right in your analysis - it's all conjecture at the moment. We won't actually know how many new A110's have been ordered in the first 6 months of 2024 until (hopefully) Portii updates his sales charts in 12 months time. Then we can do some backward maths to make an approximation. And to be honest I haven't analysed the Autotrader figures but I'll wager the vast majority of those 130 cars are pre-facelift models which have either been let go by owners once the novelty has worn off (which is normal) or which have been traded in as part of an upgrade to a newer / higher-spec facelift model.
It's true that the sportscar market is dwindling and it is a very small and niche sector these days. And also not helped by question marks about the global economy, and by the various conflicts. All of which is a downer on buying high purchase items and especially on luxury play items such as impractical 2 seater sports coupes! That said, the A110 is not suffering from the over-inflated prices and speculation of Porsche and especially on the 911. JayEmm recently made an excellent analysis of what's going on with 911's - owners/speculators who want to sell have a real problem!
Alpine dealers will no doubt be "encouraging" new orders as much as possible before July 1st - because this is the time to get those orders in before they are heavily restricted in 4 months time. So it's a balancing act the dealers are having to manage. For an economy the size of the UK, having so few new cars on stock for the length of time you mention is not really an issue. The same is true in NL which has had a similar amount of unsold stock for a similar length of time - and bear in mind the NL is a lot smaller economy and the cars are way more expensive than in the UK. But I'm advised they are quite happy with their new orders count so far - and not forgetting that many EU markets do not offer attractive finance schemes as in the UK which appears unique in that area.
If you're in the market for a new A110 which is spec'd to your precise requirements I wouldn't hang around too much longer before diving in. If you're in the market for a used car, especially for a pre-facelift model, you can probably wait longer.
Agree with a lot of what you say, however for reference over 100 of the used 130 cars on Autotrader are 2022 onwards, so the vast majority are facelift models. It's true that the sportscar market is dwindling and it is a very small and niche sector these days. And also not helped by question marks about the global economy, and by the various conflicts. All of which is a downer on buying high purchase items and especially on luxury play items such as impractical 2 seater sports coupes! That said, the A110 is not suffering from the over-inflated prices and speculation of Porsche and especially on the 911. JayEmm recently made an excellent analysis of what's going on with 911's - owners/speculators who want to sell have a real problem!
Alpine dealers will no doubt be "encouraging" new orders as much as possible before July 1st - because this is the time to get those orders in before they are heavily restricted in 4 months time. So it's a balancing act the dealers are having to manage. For an economy the size of the UK, having so few new cars on stock for the length of time you mention is not really an issue. The same is true in NL which has had a similar amount of unsold stock for a similar length of time - and bear in mind the NL is a lot smaller economy and the cars are way more expensive than in the UK. But I'm advised they are quite happy with their new orders count so far - and not forgetting that many EU markets do not offer attractive finance schemes as in the UK which appears unique in that area.
If you're in the market for a new A110 which is spec'd to your precise requirements I wouldn't hang around too much longer before diving in. If you're in the market for a used car, especially for a pre-facelift model, you can probably wait longer.
ab54666 said:
Agree with a lot of what you say, however for reference over 100 of the used 130 cars on Autotrader are 2022 onwards, so the vast majority are facelift models.
Fair enough, that is quite surprising I agree - I would have thought it would have been the other way round. Perhaps the UK love affair with the A110 is indeed over and it has become a buyer's market. And being RHD it's not as if they can shift their unsold stock to other markets. Bear in mind though that a RHD model will always remain one of the rarest types of the A110 - which bodes well for long term enthusiasts, especially those with a limited edition or with a sought after atelier colour. It'll be interesting to see what the market status is a year from now. Meonstoke said:
Fair enough, that is quite surprising I agree - I would have thought it would have been the other way round. Perhaps the UK love affair with the A110 is indeed over and it has become a buyer's market. And being RHD it's not as if they can shift their unsold stock to other markets. Bear in mind though that a RHD model will always remain one of the rarest types of the A110 - which bodes well for long term enthusiasts, especially those with a limited edition or with a sought after atelier colour. It'll be interesting to see what the market status is a year from now.
Think it's just a general sign of the marketplace on sports cars generally and will be effected by the alternatives and their pricing and added to that it's a limited market for the Alpine's v's Caymans or TTRS etc.What probably surprised me most is theres more than 10% of all cars ever sold currently up for resale, that seems very high to me as does the number of unregistered cars that have been sitting around for many many months. Not sure how an alpine dealer has survived the past 12 months or so, can't be making that much up on servicing (especially as more and more people seem to be going to independents
I'm seeing a couple this weekend and into next week, so will see what transpires, my ideal spec limits choice to a degree, but did speak to a dealer who has exactly the car I want although colour is my 2nd choice. 72 Reg, 1,000 miles, already reduced by 7.5k since June last year, just on the phone without even trying they offered a further £1.5k off.
ab54666 said:
my ideal spec limits choice to a degree, but did speak to a dealer who has exactly the car I want although colour is my 2nd choice. 72 Reg, 1,000 miles, already reduced by 7.5k since June last year, just on the phone without even trying they offered a further £1.5k off.
Wow, £9k off! Bargain, I would have thought. If you can get another £1K off, you're laughing! That would be at a guess, a MY20 or a MY19 original price - so you're covered on minimizing the depreciation. Basically you'll have a facelift car for a pre-facelift model price. What's not to like?Meonstoke said:
Wow, £9k off! Bargain, I would have thought. If you can get another £1K off, you're laughing! That would be at a guess, a MY20 or a MY19 original price - so you're covered on minimizing the depreciation. Basically you'll have a facelift car for a pre-facelift model price. What's not to like?
Think there's lower to go TBH.The dealer rang me back (unprompted) and offered another £250 off and £500 towards finance deposit (I wasn't planning on finance).
I'm getting my new A110GT this Friday for the new reg, on one of the 0% PCP deals Alpine have been promoting.
It appeared new Alpines were selling quickly through this deal, the Cambridge dealer claimed to have sold 20 cars in a couple of weeks, he was discounting the list price as well as offering the 0%, I just missed out on those and also something similar at Winchester but eventually got one through Glyn Hopkin.
My point being that it's not surprising nearly new Alpines aren't selling when the manufacturer is making a determined effort to shift stock and supporting that with cheap finance and discounts, for me a new car was actually more affordable than a secondhand one at current finance rates.
In round figures I'm paying £24,000 to own the car for 3 years with a GFV of £36,000.
Worst case - future values take a dive but I'm happy to pay the £24,000 to own an Alpine for 3 years then hand it back.
Best case - once they go out of production and nothing else similar will ever be available again values stay really strong and I pay £36,000 to own a car which is worth significantly more.
It appeared new Alpines were selling quickly through this deal, the Cambridge dealer claimed to have sold 20 cars in a couple of weeks, he was discounting the list price as well as offering the 0%, I just missed out on those and also something similar at Winchester but eventually got one through Glyn Hopkin.
My point being that it's not surprising nearly new Alpines aren't selling when the manufacturer is making a determined effort to shift stock and supporting that with cheap finance and discounts, for me a new car was actually more affordable than a secondhand one at current finance rates.
In round figures I'm paying £24,000 to own the car for 3 years with a GFV of £36,000.
Worst case - future values take a dive but I'm happy to pay the £24,000 to own an Alpine for 3 years then hand it back.
Best case - once they go out of production and nothing else similar will ever be available again values stay really strong and I pay £36,000 to own a car which is worth significantly more.
Derek182 said:
My point being that it's not surprising nearly new Alpines aren't selling when the manufacturer is making a determined effort to shift stock and supporting that with cheap finance and discounts, for me a new car was actually more affordable than a secondhand one at current finance rates.
Good point, and which would explain why there are apparently so many MY22+ (slightly) used examples on the forecourts. If the Cambridge dealer is representative then Alpine UK is going to have a bumper first 6 months! And if the demand remains then that'll surely influence the selling tactics when the restricted supply kicks in. Interesting times. Gassing Station | Alpine | Top of Page | What's New | My Stuff