Gallardo's EVERYWHERE !!!!

Gallardo's EVERYWHERE !!!!

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Discussion

dealmaker

Original Poster:

2,215 posts

260 months

Thursday 16th September 2004
quotequote all

Been considering a Gallardo for a while and thought I'd wait for the initial furore to die down a little.

Now it seems (after visiting a few "specialists" and picking up a copy of "Top Marques") that every man and his brother (and uncle and aunt!) have been ordering Gallardo's in an attempt to sell them with "overs".

Personally I won't pay "overs" and it now seems I won't have to - I've lost count of the number of cars I've been offered at a "substantial discount" - and reading the last issue of "Top Marques" I gave up counting when I got up to 45 Gallardos for sale!!

Seems there is a degree of oversupply currently, but that's not being reflected in the pricing - laws of supply and demand perhaps don't apply to Lambo's (I wish they did'nt 4 years ago when I blew £40k on my Diablo SV!)

So whats the consensus ?? _ the European market also seems awash - just how many "speculators" ordered the car and are now finding it difficult to move them on?

A local "specialist" who admittedly sells mainly Grey market Porsches and the odd Bentley - has had a Gallardo in for nearly nine months!! - I think he paid the original buyer (who got one of the very first cars) a bloody good premium in the hope that he'd be able to make even more - he's now marked it down about 6 times and it's still going nowhere!.

Guess if this trend continues we'll be able to wait until the dark, dingy winter months, lets say February, and pick one up for a MAJOR discount?

>>> Edited by dealmaker on Thursday 16th September 13:36

murcielago_boy

2,007 posts

245 months

Thursday 16th September 2004
quotequote all
Dealmaker - what you've said is exactly right.
Everyone appears to have a Gallardo for sale. There are a few reasons for this:

1. Rumour has it, Lambo UK delivered a load of cars in December 2003 to customers that would have got their cars much more progressively over the course of this year to adjust their accounting numbers and show a healthier turnover. (may have resulted in production problems). This means that there *were* more cars here than perhaps there ought to be earlier this year and they're going through the natural selling phase while other guys behind the curve think they can command a premium still... OOOPS.

2. the guys who buy LHD while their RHDs are on order sold their LHDs big time as their cars came in.

3. Quite a few imports. Euro Lamborghini dealers are selling sod-all (no fault of the product, just that the Euro supercar market is screwed). So you've got parallel RHD imports here. Quite how Euro dealers can source RHDs is beyond me - it means that the factory is screwing Lambo UK.

4. Like the 360 Spider a few years ago (before all the Simon Cowells etc and footballers got it) the Gallardo is THE car to have. This is fueling (mistakenly) speculators who are living in a dream land. Still, it's easily the "trendiest" car out there which means....

5. it selling well - because it KILLS the 360M dead from a capability point of view. Better still (for Lamborghini) the 360M is now dead. All Ferrari are making are the CS and the Spider - and with the CS at £140K, I'd rather get my name sake.

Gallardo still a funky car though.



>> Edited by murcielago_boy on Thursday 16th September 14:40

Marki

15,763 posts

276 months

Thursday 16th September 2004
quotequote all
anniesdad said:

Think I could pick a Gallardo up for about £20K then?



Nah but 25k around Christmas maybe

rich1231

17,331 posts

266 months

Thursday 16th September 2004
quotequote all
murcielago_boy said:
Dealmaker - what you've said is exactly right.
Everyone appears to have a Gallardo for sale. There are a few reasons for this:

1. Rumour has it, Lambo UK delivered a load of cars in December 2003 to customers that would have got their cars much more progressively over the course of this year to adjust their accounting numbers and show a healthier turnover. (may have resulted in production problems). This means that there *were* more cars here than perhaps there ought to be earlier this year and they're going through the natural selling phase while other guys behind the curve think they can command a premium still... OOOPS.

2. the guys who buy LHD while their RHDs are on order sold their LHDs big time as their cars came in.

3. Quite a few imports. Euro Lamborghini dealers are selling sod-all (no fault of the product, just that the Euro supercar market is screwed). So you've got parallel RHD imports here. Quite how Euro dealers can source RHDs is beyond me - it means that the factory is screwing Lambo UK.

4. Like the 360 Spider a few years ago (before all the Simon Cowells etc and footballers got it) the Gallardo is THE car to have. This is fueling (mistakenly) speculators who are living in a dream land. Still, it's easily the "trendiest" car out there which means....

5. it selling well - because it KILLS the 360M dead from a capability point of view. Better still (for Lamborghini) the 360M is now dead. All Ferrari are making are the CS and the Spider - and with the CS at £140K, I'd rather get my name sake.

Gallardo still a funky car though.



>> Edited by murcielago_boy on Thursday 16th September 14:40


surely re your point 3, that as members of the EU we can buy the car anywhere we damn well want, not really lambo screwing lambo uk, more like lambo are scared of anti competitive fines

Davey S1

13,131 posts

260 months

Thursday 16th September 2004
quotequote all
murcielago_boy said:

5. it selling well - because it KILLS the 360M dead from a capability point of view. Better still (for Lamborghini) the 360M is now dead. All Ferrari are making are the CS and the Spider - and with the CS at £140K, I'd rather get my name sake.

>> Edited by murcielago_boy on Thursday 16th September 14:40


Not for long as the new 430 is imminent and with 490 bhp should out perform the Gallardo due to less weight.

The speculators will already have homed in on this as the next 'must' have car

Nightmare

5,222 posts

290 months

Thursday 16th September 2004
quotequote all
The 430 is unlikely to become a must have car - Ferarri controls this completely - thats why the F40, F50 and Enzo ARE...because they're impossible to buy as such, and no other Fezza is.

The lambo has become one cos its the first monetarily accessible and driver accessible car Lambo have ever made....as a result, as you're seeing, it wont stay one!

N

simonspider

1,327 posts

255 months

Thursday 16th September 2004
quotequote all
Interesting. What do you guys think of the way used Murcie prices are going? I'm told 20 units in the UK next year RHD. How do you think this will affect things?

Davey S1

13,131 posts

260 months

Thursday 16th September 2004
quotequote all
Nightmare said:
The 430 is unlikely to become a must have car - Ferarri controls this completely - thats why the F40, F50 and Enzo ARE...because they're impossible to buy as such, and no other Fezza is.

The lambo has become one cos its the first monetarily accessible and driver accessible car Lambo have ever made....as a result, as you're seeing, it wont stay one!

N


True but the Ferrari badge still has more kudos that Lambo.

I'm sure early next year there will be plenty of 430's for sale in the Times for a suitable premium

mr_tony

6,339 posts

275 months

Thursday 16th September 2004
quotequote all
maybe true davey, but most of the early 430's will have gone to ferrari enthusiasts who put a deposit down several years back on the basis they want the latest maranellos finest has to offer, regardless of horsepower or speed claims.

The gallardo I would imagine had much less of a lead in time / waiting list, allowing people to get on the speculator bandwagon more easily perhaps.

Now give it a year or so, and if we see early LHD gallardo prices dipping into the sub 70 range, then I'm all ears...

>> Edited by mr_tony on Thursday 16th September 17:55

davey S1

13,131 posts

260 months

Thursday 16th September 2004
quotequote all
mr_tony said:


Now give it a year or so, and if we see early LHD gallardo prices dipping into the sub 70 range, then I'm all ears...

>> Edited by mr_tony on Thursday 16th September 17:55


I'm sure they will. That will be a hell of a lot of car for the money and should be a lot more durable long term that the equivalent Ferrari.

As for the Murcies they seem to be like any big Italian V12 regarding depreciation. I have seen a few with fairly low miles advertised for around the £130K mark. Not quite as bad as the 575M though. They seem to shed about £50K as soon as you drive them out of the showroom.

mr_tony

6,339 posts

275 months

Thursday 16th September 2004
quotequote all
hmm was gonna say that early murkys LHD are in the 110k mark. 90k is still waaaaaaaaaaay out of my league unless I start mortgaging bodyparts, but if they keep coming down.....

I still want a diablo / countach more though, and thankfully they're cheaper! Ahh well one day

Big T

1,337 posts

260 months

Friday 17th September 2004
quotequote all
mr_tony said:
Now give it a year or so, and if we see early LHD gallardo prices dipping into the sub 70 range, then I'm all ears...

This is exactly what I was told the other week from someone very respectable within this trade....These motors are gonna fall a lot in price very soon...can't wait to rip the sh!t outta one of these puppies....

T.

>> Edited by Big T on Friday 17th September 00:45

murcielago_boy

2,007 posts

245 months

Friday 17th September 2004
quotequote all
rich1231 said:


surely re your point 3, that as members of the EU we can buy the car anywhere we damn well want, not really lambo screwing lambo uk, more like lambo are scared of anti competitive fines



Yes. You're right. Having said that, I would assume that Lamborghini UK have an exclusive agreement with Lamborghini SpA that as the UK importers they have sole rights to supply RHD Lamborghinis to this market. In order to enforce this you'd think Lamborghini wouldn't supply RHDs to other Euro dealers...

Back to the main point though, with the death of the 360M (new cars) and the 996TT needing something like 550hp to be car which doesn't send you off to sleep, the only car out there to get at this level is the Gallardo. People know it, that's why they're everywhere because everyone wants one but is "WAITING."

Oh and BTW, don't count on this 430M being fabulous/amazing blah blah. I've got inside info. Even before Ferrari killed the 360, no-one was ordering new coupes, everyone was getting Gallardos. As a result this 430M is just a new-jerk reaction, think of THIS as the 360's last hurrah. It's NOT a new model. I'm NOT expecting a great car - I think the whole package will be as unresolved as it's styling; take a 360 and add an Enzo bodykit.

It's just a quick make-over while Ferrari figure out how to stop getting f**ked by Lamborghini, Aston, Bentley.

The 360s PROPER replacement will be out in 2007/8 by which time the "Gallardo GT" will have been released with 600hp and the Murcielago's replacement will be here with a staggering 730hp.

bye-bye

>> Edited by murcielago_boy on Friday 17th September 12:39

anniesdad

14,589 posts

244 months

Friday 17th September 2004
quotequote all
I should imagine Gallardo prices will remain pretty stable if not increase dramatically.........Beckham's just had one delivered with "blingtastic" wheels on

Davey S1

13,131 posts

260 months

Friday 17th September 2004
quotequote all
Dont agree.

The 360 is still selling in spades (granted mostly spyders and CS's) and the waiting lists are long, particularly in the US.

The lists for the 430 will also be long (I know someone on it).

Various magazines have indicated that there will be spyder and CS versions of the 430 out in 2006 so I cant see them bringing out a completely new model until 2008 at the earliest.

If you have any 'insider info' tell us what it is and where it comes from

Davey S1

13,131 posts

260 months

Friday 17th September 2004
quotequote all
murcielago_boy said:



It's just a quick make-over while Ferrari figure out how to stop getting f**ked by Lamborghini, Aston, Bentley.



I dont think Ferrari are getting F**ked by anyone. I dont know if you agree but the recent BHP war going on is a little pointless as far as I am concerned. There is only so much power you can use on the road. The 420 bhp put out by the 360 CS is far more that you will ever realistically need.

I think Ferrari should be applauded for not getting into the whole 'look our new car has 20 bhp more than' yours scenario that has been going on with a lot of manufacturers for a while. Instead thay are trying to increase the performance of the car as a whole in areas such as handling, feel and stability.

I'm not saying the Gallardo is a bad car (far from it) but it leaves me a little cold compared with a 360 and I think a lot of people feel the same way and would rather a 360 or 430 as they have a bit mor charisma.

That said it will be interesting to see what happens when the 430 is released and if Lamborghini bring out spider and 'CS' versions of the Gallardo.

murcielago_boy

2,007 posts

245 months

Friday 17th September 2004
quotequote all
Mate - you've been very diplomatic

Seriously though - 360s are NOT selling in spades. Only the spider is and even then not that well. (don't include the US market as that is a law unto itself where dealers sell above MSRP).

The 360 coupe quietly died quite a few months ago. I don't think they've even delivered any backordered coupes in the last few months. And you cannot now get a new one, unless some lame dealer has one left in his allocation.
The spider is still being delivered but that's the ONLY 360 anyone wants.... (that's why coupe residuals are dying a horrific death).
I'm telling you, the Gallardo KILLED 360 coupe sales and Ferrari thought they could rescue them with the CS... FAILURE. Cue 430M.

I LOVE the horsepower war. You're spot on when you say all you can use is a CS but after you've driven an EB110SS on the road (and I have) you can never have too much power.

Handling/Stability? Not sure Ferrari are really focusing their efforts here mate. The 355 is a MUCH better handling/balanced car than the 360 - only the 360s initial turn-in/grip is superior. The 575M is an awesome car but it needs work (FHP etc) to compare to Ferraris earlier effort 550M... not much progress here. (however the 612 is meant to be an ANIMAL!! have not driven yet though).

You'll see that the 430M is stop-gap when this Gallardo GT comes out and KILLS it. The Gallardo Spider will be here pretty soon.
And we'll see the new baby-Ferrari in response.

Ferrari have never faced such strong competition. Ever. It's good for the customer.