How much for this V12V?
Discussion
WantanewV12V said:
That is £145,000 of spec. Would you really only expect to pay £80k for a 15 month old car thats done 800 miles a month ? Thats only 55% retained value ?
May list at 145 highly unlikely original buyer paid that.if its at 90k dealer probably paid somewhere round 70-75k for it so yes it has lost that much,I think it would not be bought at 80k from dealer but 85k should do it.Hi John... you really think 75 - 80k
This is my problem... prices seem to be all over the place... I've seen MY09 cars drop 4k in the last couple of weeks... The one in Cardiff seems to be good value at 78k..
I've also got my V8V to trade.. (MY07 16k miles) which I've been offered 33k for as a part exchange...
Your thoughts as always are extemely welcome
This is my problem... prices seem to be all over the place... I've seen MY09 cars drop 4k in the last couple of weeks... The one in Cardiff seems to be good value at 78k..
I've also got my V8V to trade.. (MY07 16k miles) which I've been offered 33k for as a part exchange...
Your thoughts as always are extemely welcome
CatalystV8V said:
Hi John... you really think 75 - 80k
This is my problem... prices seem to be all over the place... I've seen MY09 cars drop 4k in the last couple of weeks... The one in Cardiff seems to be good value at 78k..
I've also got my V8V to trade.. (MY07 16k miles) which I've been offered 33k for as a part exchange...
Your thoughts as always are extemely welcome
£50K plus yours maximum. I have just purchased a similar spec (1 year older but half the miles) and traded an 07 V8V and did not give anything like that much plus my V8V needed a bonnet paint and new tyres which they did do before the current owner took it. I hope that gives you something to go on. £75K is what I would call extremely optimistic. But I guess John goes on the value of his car in the current state of cleanliness . This is my problem... prices seem to be all over the place... I've seen MY09 cars drop 4k in the last couple of weeks... The one in Cardiff seems to be good value at 78k..
I've also got my V8V to trade.. (MY07 16k miles) which I've been offered 33k for as a part exchange...
Your thoughts as always are extemely welcome
CatalystV8V said:
Hi Johng39
thank you for jogging my memory.. I remember exchanging a few emails with you now..
I guess I value my car at 33k trade in... It's in good nick .. .won't require a respary or tyres.. On that basis 82-83k would seem to be the right price.
Wish me luck...
Maximum I would start lower and not start at that figure. I would perhaps start at £45K as an example if it were me.... I cant say that I disagree with Jockman and his appraisal of things or JohnG1 (he is my cousin after all) in his sentiment of getting a great deal. I think that realistically if you get that for about £80K you have done very well IMHO for a 15 month old car. When all is said and done a cheeky bid will at least get the ball rolling and I certainly would want to part with as little of my hard earned as possible. They can always say no... (but I doubt it....)thank you for jogging my memory.. I remember exchanging a few emails with you now..
I guess I value my car at 33k trade in... It's in good nick .. .won't require a respary or tyres.. On that basis 82-83k would seem to be the right price.
Wish me luck...
Seriously - the UK is going into recession (or never left). No-one is buying heavy metal.
I would start with a call to the firm, prove credentials that you are not a test pilot and then offer £70k as an opening bid.
With regard to trade-in values, well, I hate that dancing around of left hand gives/right hand takes away haggle of trade-in + cash adjustment.
But these cars are not moving - my suspicion is that the market is saturated - most folks who wanted a V12V have bought one so any other sales are to folks who were only willing to pay a lot less.
Also, forget the list price of £145k. I was offered a V12V without negotiation for £120k. I have heard of cases where dealers have offered new cars at £110k.
So really, you are looking at a car with heavy usage in 16 months for £30k off the original price paid. At £2k-£3k per month a trade at £70k-£80k is about right.
Also - check who owned it - was it spanked around on a PDC or whatever?
I would start with a call to the firm, prove credentials that you are not a test pilot and then offer £70k as an opening bid.
With regard to trade-in values, well, I hate that dancing around of left hand gives/right hand takes away haggle of trade-in + cash adjustment.
But these cars are not moving - my suspicion is that the market is saturated - most folks who wanted a V12V have bought one so any other sales are to folks who were only willing to pay a lot less.
Also, forget the list price of £145k. I was offered a V12V without negotiation for £120k. I have heard of cases where dealers have offered new cars at £110k.
So really, you are looking at a car with heavy usage in 16 months for £30k off the original price paid. At £2k-£3k per month a trade at £70k-£80k is about right.
Also - check who owned it - was it spanked around on a PDC or whatever?
Jockman said:
John is just living in the real world.
11 years ago I bought a commercial premises. Advertised at £705,000. I offered £350,000. We agreed on £450,000.
Unless you ask, you will never know
That part of Scouseland is quiet cheap 11 years ago I bought a commercial premises. Advertised at £705,000. I offered £350,000. We agreed on £450,000.
Unless you ask, you will never know
You can always go up, but going down after an offer is next to impossible!
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