Prices holding up

[jamesgareth]

For a while there just before xmas we were seeing prices as low as £55k on some used examples. I got mine at 62 with almost no miles 2024 car.

Looking around last few weeks I've noticed prices firming up considerably - £65k+ being the new norm.

Then I saw this today:

https://www.pistonheads.com/buy/listing/18579003

That's looking a bit hopeful if you ask me.....

For sure sports cars are more seasonally affected - but it would seem prices are way above what I thought they might be.

[M Daddy]

This is good news indeed. I always hoped that the dip was down to initial over-supply with the market getting flooded with cancelled orders and disappointed flippers. Also, Lotus have put prices up across the board which make the First Edition look like a relative bargain now.

I intend to hold on to mine so it was never a major worry but I still expect these to hold their price well like Evoras and Elises have done. Not so sure about Eletres though!

[Honeywell]

Wait until November. There's plenty of owners getting one last summer out of their cars still under warranty. With the economy heading South the whole sector will dip.

Plus the actual future of Lotus looks increasingly doubtful.

[Actus Reus]

There's a huge gap now between the price of a new one and a used one at 60k so it'll be interesting to see what happens as winter comes around and cars start to fall out of warranty.
As an aside are people actually paying the near 100k asking for a new car, or can you get a signififcant discount on retail?

[TempletonPeck]

jamesgareth said:

For a while there just before xmas we were seeing prices as low as £55k on some used examples. I got mine at 62 with almost no miles 2024 car.

Looking around last few weeks I've noticed prices firming up considerably - £65k+ being the new norm.

Then I saw this today:

https://www.pistonheads.com/buy/listing/18579003

That's looking a bit hopeful if you ask me.....

For sure sports cars are more seasonally affected - but it would seem prices are way above what I thought they might be.

I believe that car is a V6 manual, still strong money

[jamesgareth]

M Daddy said:

This is good news indeed. I always hoped that the dip was down to initial over-supply with the market getting flooded with cancelled orders and disappointed flippers. Also, Lotus have put prices up across the board which make the First Edition look like a relative bargain now.

I intend to hold on to mine so it was never a major worry but I still expect these to hold their price well like Evoras and Elises have done. Not so sure about Eletres though!

Agree. Can't see anything electric holding value. Depreciation on anything electric is simply diabolical at the moment.

[Count897]

Still some bargains out there, price beginning with a 5..

https://www.autotrader.co.uk/car-details/202502219...

[TempletonPeck]

[quote=Count897]Still some bargains out there, price beginning with a 5..

https://www.autotrader.co.uk/car-details/202502219...
[/quote

Early car, hardly any warranty remaining…brave choice