Gallardo prices ?
Discussion
Read a peice in today's Autocar suggesting G prices are very weak. Can you really buy a yr old LHD car for £68k?
www.micronetshowroom.com/used.asp?tid=5&mid=17433&did=51720&step=3
www.micronetshowroom.com/used.asp?tid=5&mid=17433&did=51720&step=3
I have read that and was considering a gallardo before I got the 360.
No-one ever managed to clear up the tax angle in the threads on the subject.
The german tax part is complicated (ie Mwst at 16% consideration when it is coming from a retails seller).
At 70k gbp,english people must ne knocking it off but I dont think we ever got to the bottom of wether that was legal or not.
No-one ever managed to clear up the tax angle in the threads on the subject.
The german tax part is complicated (ie Mwst at 16% consideration when it is coming from a retails seller).
At 70k gbp,english people must ne knocking it off but I dont think we ever got to the bottom of wether that was legal or not.
LHD cars are always significantly cheaper. Especially one year after release. These are generally the cars the "me first at any cost" bunch are now trying to get rid off.
The RHD prices are not strong, but not exactly weak either. As the people who tried to low ball the Santa Agata cars discovered.
If you want a Yellow (possibly black) manual with few options these are most competitively priced. But I haven't seen any others especially e-gears at anywhere near the prices your quoting.
I'm using the usual suspects as a guide. Autotrader, Top Marques, google, etc.
Also Mobile.de and the like are a good guide as to the impact of EU imports. There seems to be a firming in the EU market. This could be due to a bottleneck as MY05 supply kicks in.
As for trade in values. What do you expect if your handing your car in at this time of year. The market for these cars is softest right now.
The telling time for G residuals will be in a few months. As summer approaches, the F430 arrives (at a trickle) and the poseurs return to play.
Obviously no one wants to lose money. But if you cant afford to lose 10's of thousands you cant afford these cars.
Good luck.
The RHD prices are not strong, but not exactly weak either. As the people who tried to low ball the Santa Agata cars discovered.
If you want a Yellow (possibly black) manual with few options these are most competitively priced. But I haven't seen any others especially e-gears at anywhere near the prices your quoting.
I'm using the usual suspects as a guide. Autotrader, Top Marques, google, etc.
Also Mobile.de and the like are a good guide as to the impact of EU imports. There seems to be a firming in the EU market. This could be due to a bottleneck as MY05 supply kicks in.
As for trade in values. What do you expect if your handing your car in at this time of year. The market for these cars is softest right now.
The telling time for G residuals will be in a few months. As summer approaches, the F430 arrives (at a trickle) and the poseurs return to play.
Obviously no one wants to lose money. But if you cant afford to lose 10's of thousands you cant afford these cars.
Good luck.
Unfortunatley G cars have a LONG way to fall yet I'm afraid.
Chronic oversupply (has anyone actually counted how many G cars are available at the minute?
) plus a fall in buyer confidence, allied to the introduction of several "new" alternatives (F430, AMV8, 997GT3), and reports of "upgraded" Gallardo derivatives to stave off the Ferrari threat, mean that it would be a VERY brave individual indeed who purchased at today's inflated prices.
As I've said before, my two biggest hit's on cars were with Lambos, and it was a salutory experience, I can tell you! I don't care how much money you have - it hurts to lose "tens" of thousands on a car - IMHO G car buyers are putting around £30k of their money at significant risk at todays pricing. (over and above whatever depreciation they'd budget over the ownership period).
Now I'm the first to admit that at this level you've got to accept some level of "hit" and it's worth it for the experience - and personally I've been trying to rationalise the purchase of a G car for several months - BUT I keep thinking back to the money I lost on the Diablo's, and TBH with the prospect of that level of hit again I'd rather not bother, and put the money I'd lose towards an Ariel Atom 300!
>> Edited by dealmaker on Tuesday 25th January 12:20
Chronic oversupply (has anyone actually counted how many G cars are available at the minute?
) plus a fall in buyer confidence, allied to the introduction of several "new" alternatives (F430, AMV8, 997GT3), and reports of "upgraded" Gallardo derivatives to stave off the Ferrari threat, mean that it would be a VERY brave individual indeed who purchased at today's inflated prices. As I've said before, my two biggest hit's on cars were with Lambos, and it was a salutory experience, I can tell you! I don't care how much money you have - it hurts to lose "tens" of thousands on a car - IMHO G car buyers are putting around £30k of their money at significant risk at todays pricing. (over and above whatever depreciation they'd budget over the ownership period).
Now I'm the first to admit that at this level you've got to accept some level of "hit" and it's worth it for the experience - and personally I've been trying to rationalise the purchase of a G car for several months - BUT I keep thinking back to the money I lost on the Diablo's, and TBH with the prospect of that level of hit again I'd rather not bother, and put the money I'd lose towards an Ariel Atom 300!
>> Edited by dealmaker on Tuesday 25th January 12:20
poorcardealer said:
There are loads of used cars about, and not enough buyers.....................however 360 s are the ones in over supply.the main agents are dumping the 3 or 4 owner cars into the trade, I could buy 10 360s today at trade money if i wanted.
Send Sarbs a mail.
If you have access to a load of 360's at trade,maybe he can pay you a finders fee and get him a bargain car and everyones happy.
PCD,
Heres a quote from Sarbs thread
So from the research he's done - does that tally with your view?
So if you have access to loads of 65k modenas,hook him up with one and take a grand finders fee and I'm sure you'll have a friend for life.
I'll get him to mail you.
Heres a quote from Sarbs thread
Sarbs said:
I'm looking to buy a 360 at the moment, a 2000 w plate car with 12000 miles is worth £65000 trade price and will be on the forecourt for £78000 - 82000 depending on the dealership.
So from the research he's done - does that tally with your view?
So if you have access to loads of 65k modenas,hook him up with one and take a grand finders fee and I'm sure you'll have a friend for life.
I'll get him to mail you.
dealmaker said:
Unfortunatley G cars have a LONG way to fall yet I'm afraid.
IMHO G car buyers are putting around £30k of their money at significant risk at todays pricing. (over and above whatever depreciation they'd budget over the ownership period).
I budgeted for approx 20k (+/- 10k) over one year if I sell in summer and do reasonable mileage. Which would put me at around the 100k mark.
Looking at the numbers of cars available (looking in autotrader/google/etc) I see a number of cars available. But not so many that scares me.
Also if you discount the yellow low option cars. The numbers available seem normal to me. Especially e-gears.
Taking your additional 30k that would put my car at 70k. Approx a 40% hit. Or more importantly below the 911/merc sl/and many other cars. I dont really think thats realisitc.
You may be right. But if you are its not only G buyers that have to worry. Because with low mileage 1 year old G's in that territory what will happen to the residuals of other cars?
Also the AMV8 and 911GT3 are not really competitiors. The more important tests are the F430 and possibly DB9. But both these will probably be at a trickle for some time yet. So we'll have to wait a bit longer to see the outcome of this battle.
As I said before the summer will really tell you where the G is heading.
5to1 said:
Also the AMV8 and 911GT3 are not really competitiors.
I think they will be, particularly the Aston. Badge kudos, styling to die for, noise and performance.
The GT3 is probably lacking in 2 of these areas.
And when you start looking at used G prices versus new of these (hypothetically as the Aston will be wait listed or at a premium for a while), the comparison will be full on.
The DB9 is definitely not a competitor IMO. More a GT.
The 430 definiitely is, but it's badge would carry it even if the car was no good, which quite patently is not true. Throwing more power at it will not help the G's cause against the 430 IMO, and will only serve to upset the current car's values. It will be interesting to watch what happpens.
I think the 997 TT will be a competitor to an extent, more then the GT3.
The AMV8 won't hit for some time. And even when it does it will be listed significantly below the 100k barrier. That affects the kudos factor in a major way at this level. It won't be classed as a "supercar/exotic" and so I don't believe it will be a competitor.
The DB9 as you say is more of a GT, but its positioned correctly to appeal to potential G buyers. I think it will draw some of those looking for an easier life with their car.
The F430 will surely be the biggest competitor. The only question is when will it hit the streets in significant numbers in RHD form.
As for the power upgrade, I cant see how Lambo could get away with this. Surely it would leave future customers with no confidence.
Unless its something like the Porsche X50 pack, but retro fittable. Maybe they under powered the G at release, to allow them a quick response to the F430. But I doubt they would be this clever
The AMV8 won't hit for some time. And even when it does it will be listed significantly below the 100k barrier. That affects the kudos factor in a major way at this level. It won't be classed as a "supercar/exotic" and so I don't believe it will be a competitor.
The DB9 as you say is more of a GT, but its positioned correctly to appeal to potential G buyers. I think it will draw some of those looking for an easier life with their car.
The F430 will surely be the biggest competitor. The only question is when will it hit the streets in significant numbers in RHD form.
As for the power upgrade, I cant see how Lambo could get away with this. Surely it would leave future customers with no confidence.
Unless its something like the Porsche X50 pack, but retro fittable. Maybe they under powered the G at release, to allow them a quick response to the F430. But I doubt they would be this clever
5to1 said:
As for the power upgrade, I cant see how Lambo could get away with this. Surely it would leave future customers with no confidence.
I don't see a problem with a power upgrade. The Gallardo has been on the market for more than a year now. Assuming the upgraded car arrives sometime later this year (say after the F430 arrives), some early owners (like me) would be interested in upgrading anyway. I would obviously only upgrade if there was a reason to do so - like a decent dose of extra power.
I didn't buy the Gallardo as an investment; I bought it to drive it. Keep making cars better, and I'll keep buying them.
>> Edited by mhh on Thursday 27th January 19:36
>> Edited by mhh on Thursday 27th January 19:37
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