More speculators

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Discussion

cirks

Original Poster:

2,485 posts

290 months

Wednesday 19th October 2005
quotequote all
Whilst at the launch the other night, I was talking to someone about what spec they had ordered etc. They had gone for Tungsten with all black interior. What was interesting was that they also said (not quite in these words) "I'm not going to end up driving it anyway as I'm selling it". :rage:

We all know that he won't be the only one trying to make a quick buck but what I was intrigued about (and didn't get to ask him) was how he would actually sell the place (particuarly now it's specced). How would he go about it? Are dealers happy just to get a call saying "please swap Mr X with Mr Y" on their list? Is the car bought by X and then sold 2nd-hand to Mr Y with pre-arranged contract?

He made it sound as if it was going to be easy whereas I haven't managed to work out how it would be done in reality.

rpgk

452 posts

231 months

Wednesday 19th October 2005
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Someone I loosely know trades in desirable cars and he heard that I am expecting my V8 in January. He made an offer for my car, subject to viewing?? Apparently I would collect car as normal in my name and he would then simply buy it off me - didn't seem bothered about there being an extra owner on the log book as car would only have delivery miles. I have no, repeat no interest in selling my car but that is the way it goes apparently...I guess it only works on very early cars when the demand is so high people are willing to give up a lot simply to be an owner.

cirks

Original Poster:

2,485 posts

290 months

Wednesday 19th October 2005
quotequote all
I can see that working as it's only a normal 'used' car sale (same as placing an ad in E&M or Autotrader etc. The eBay ads and Times etc suggest people selling in advance of collection though. Perhaps it's just a way of getting someone to handover money as a deposit ahead of time?

minty

28 posts

290 months

Thursday 20th October 2005
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its an interesting question.. i wonder if there are rules imposed by Aston about transferring the rights to the new car.. surely someone must have asked them. I cant believe they would stop a transfer of name whilst on the list as peoples circumstances change and they must recognise this??

Otherwise I guess it would be down to an agreement between the chap with the place on the list and the buyer to take his place - if i was the buyer (if only!) I would obviously prefer to be the first named keeper but how it could happen to safeguard both parties I dont know!

Would be interested to know of anyones experience in this...

wrn

432 posts

236 months

Friday 21st October 2005
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My dealer made me sign a form promising not to sell the car during the first three months of ownership - I can therefore say with 100% confidence that they would not be happy to switch my name for someone else's!

rico

7,916 posts

262 months

Friday 21st October 2005
quotequote all
wrn said:
My dealer made me sign a form promising not to sell the car during the first three months of ownership - I can therefore say with 100% confidence that they would not be happy to switch my name for someone else's!


Can they do that?

5to1

1,781 posts

240 months

Saturday 22nd October 2005
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Can work a couple of ways:

1) Speculator sells the position on the list. They tend to have good ties with people at the dealerships and so can get it swapped over. Would you object if a guy rolls over 10 cars/year for you? Plus i'm sure there are some back handers going on alot of the time.

Also, alot of the time the dealer will get the deposit early. The speculator will not hand over the deposit untill the last min. Whereas if your taking the position you'll probably be prepared to cement it with a deposit.

2) Speculator waits for the car to arrive.

In this case if he has a buyer lined up, he takes him in and gets the car registered under his/her name. Again dealer will normally oblige.

If he's still looking for a buyer, he delays picking up the car. Depending on relationship with dealership he may/may not have to pay the balance. Once he's found a buyer he takes them in and gets the car registered under your name

3) Speculator takes delivery, sells on as a second hand car.