V8 Bargains...

rockits said:

Do it....heartily recommended

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Very tempted, but I have to lose one of my current toys.

How does the DB9 compare to the GT?

Also think that the E9x M3s are well priced now.

safrane said:

I struggle with this point of view.
SUVs still sell to families and mums in particular who are always going on about their little darling future and the state of the environment.

Yet they [SUVS], use far more fuel than a little hatch back etc. So its more like do as I say, not as I do.

If we want to save the planet, then stop breading.

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But most SUV's that sell don't have V8 and V12 engines. A few but sell in small numbers. Diesel sales are going down also.......its about perceptionrightly or wrongly.

Imagine how much margin dealers are building into these cars also, i imagine to stay in business they have to factor in keeping the car for 6-9 months and still at least break even on them.

Mavster said:

Imagine how much margin dealers are building into these cars also, i imagine to stay in business they have to factor in keeping the car for 6-9 months and still at least break even on them.

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Not so sure, I know for a fact that the local high end car dealers near me work on somewhere near 8k per car.

Yep, maybe 10k even

Hmmm not sure about that when you take everything into account.

We will have a really nice DB9 coming in early next year.

Bear in mind dealers have to market, tidy, fix and then prepare those cars. Also, if something goes wrong within the first 3/6 months, they have to fix it or take the car back.

This is why the Maserati 3200 has yet to escalate in value - dealers tend to be afraid of them. If the engine goes, that’s pretty much ten grand out of a usually £10-£15k car (some are obviously more). Maser specialists might be happy to sell one, or normal dealers might take an SOR on one (costs commuted to the seller in the event of a mechanical failure? Not sure on the legalities there), but whenever I’ve chatted cars with dealers they tend roll their eyes and say no when the 3200 comes up.

It’s very easy to point the finger at dealers but that margin is eroded pretty **** quickly.

Every dealer I know lives in a nicer house than me, so they must have the right idea about avoiding risk lolz

Nayf, respect your opinion, but as we have seen lately, dealers aren’t fixing or preparing cars for sale. From personnel expierience the company I suggested, won’t actually put Nything right unless you suggest it needs doing, and then only if you commit to buy, so it feels like you are paying for it, as they say, we can’t go lower as we have to fix this and that, because you picked it up. I walked.

I'd agree with this. With many dealers we have seen a shift from preparing a car for retail sale to as good as it can be to virtually zero or minimal prep with any works done after negotiated into a deal.

I personally think it works better for all. Buy the car cheaper if you are not so fussed about things or spend more.and get some or all put right.

If a dealer prepares a car for sale to perfection or close to it is then pricing a car often at the very top end of the market price range. Regardless of owners, mileage, spec, colour or history.

Most dealers will sub out the warranty to a 3rd party. If they don't or the numbers don't make sense the only dealers selling things like 3200's will be unscrupulous ones, ones that won't deal with issues afterwards or you won't see any retailing them. The risk far outweighs the rewards so it isn't worth bothering.

I wouldn't want to be selling many big lumpy retail cars over a certain type/age. Just not worth it. Unless there was a huge margin.....which we know often there isn't. The exception is only dealing in the best cars to limit issues and ignore anything less than the best. Pretty much what Dicky does and rightly so.

Mavster said:

Every dealer I know lives in a nicer house than me, so they must have the right idea about avoiding risk lolz

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Leaving aside marque ties, wouldn’t you?
There’s a reason why most TVRs are sold by specialists too

D Walker said:

Nayf, respect your opinion, but as we have seen lately, dealers aren’t fixing or preparing cars for sale. From personnel expierience the company I suggested, won’t actually put Nything right unless you suggest it needs doing, and then only if you commit to buy, so it feels like you are paying for it, as they say, we can’t go lower as we have to fix this and that, because you picked it up. I walked.

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I raised this point with some dealers when I first started going out on the road ding Ads On Test articles. I made the point that - what if someone comes in and sees a car, and it’s looking a bit shabby/needs a cambelt/paint?

There were two main answers: the first and the most common was that if the car was a high turnover car (mainstream porridge) it made sense to keep it in tip top shape the second it comes in, because it might sell within eight weeks or less.
The picture is different with enthusiast cars/classic cars - they might sit there for three months, six months, sometimes years. If you fully prepped a car now, and it was still there in six months, you’d have to do a lot of the work again. Or you’d make a loss if you fired it into a BCA to clear showroom space - paying for someone else’s future sale. Now, say you have 20, 30, 40 cars of a similar ilk on your block - you can see how this would result in heavy cash flow problems.
If you only have five-six cars to look after it’s less of a problem - but still a potential problem. It also makes sense for the seller; take my 147 GTA for example. That needs a cambelt every five years. If a dealer gets it done and doesn’t sell it for a year, then that’s one less selling point for the dealer (just had the cambelt done! Ready to go! Rather than, ah only four years left to a hefty bill).

The other argument - with regards to paint, interior trim, was that some customers would rather take a discount and get their own people to do the job, or keep the patina, or work on it themselves etc. I would fall into this group - if buying a TwinSpark Alfa I’d rather get my specialist to do the inevitable cambelt because then I can tell him to do the variator, so it doesn’t sound like a diesel on tickover, for example. Or if it’s the GTA, fit the metal GTV water pump impeller. Rather than take the risk on a random bloke I don’t know who’s the mate of the dealer...

Of course there are shady dealers. But there are also shady sellers who sell pups to those dealers...

Everything you say makes sense.

safrane said:

If we want to save the planet, then stop breading

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Let them eat cake, maybe

safrane said:

If we want to save the planet, then stop breading.

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I’ll have a word with Hovis and Warburtons....

Andyk said:

Heard this few times....Don't get why this would effect car prices....Now the fact that it's more to do with the environment and peoples reluctance to buy big engine cars because of this then that makes sense. These cars are becoming socially unacceptable to lots are we are becoming a minority....Can't see that changing or even prices going up. Life and this world is changing.

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100% spot on. Sure people buy SUVs which have a larger carbon footprint than a similar performance ‘normal’ car but no one sees that. Large engined, fast, sporty looking cars are now frowned upon which explains why their values have collapsed. Cars are no longer about driving they are just mobile informatics locations.

PS Don’t agree with any of this but it’s what most people think. Aspiration is now a Macan rather than a 911 unfortunately.

bigbob said:

Aspiration is now a Macan rather than a 911 unfortunately.

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This is probably the saddest thing i have read on a forum for a long time

Hawk13 said:

This is probably the saddest thing i have read on a forum for a long time

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Try reading some of my stuff, you’ll feel better about this.

Andyk said:

Heard this few times....Don't get why this would effect car prices....Now the fact that it's more to do with the environment and peoples reluctance to buy big engine cars because of this then that makes sense. These cars are becoming socially unacceptable to lots are we are becoming a minority....Can't see that changing or even prices going up. Life and this world is changing.

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Because of Brexit, people are keeping their cash in their own pockets, through fear of the unknown, and the potential huge increase in costs of everything.
No one is going to spend 30k on a toy when their bank balance says £500 and the finance is £400 a month and there is a potential for losing their job and their monthly outgoings going up by £200.

So those who want to sell their 30k toy for that exact reason, aren't getting the buyer. Hence they drop the price.....

Totally agree Mark.
I'm looking at Jaguar XK and XKR from 06 to 14.
So cheap its unbelievable.
I could this last week get £1500 off an already bargain price car without being cheeky.
I'm playing the game and then picking up what I think will be the bargain of the century.

GeoffCapes said:

No one is going to spend 30k on a toy when their bank balance says £500 and the finance is £400 a month and there is a potential for losing their job and their monthly outgoings going up by £200.

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Well I’ve just fact checked HSBC USA’s lending requirements and this “Toy” is well within reach.