schell70
Member
- Messages
- 318
Hi all, thought I'd tap the forum up for any opinions on 'flipping' new model vehicles......
I have a reservation on an Ineos Grenadier, and now received the update on the build date deposit which will be due next month. I've always found the idea of this vehicle quite appealing and decided to try and get an early reservation with the idea to keep for 6 months and then flip it - given what looks like high demand and a low initial build number.
UK allocation seems to be max 2500 for 2022/23 - my reservation number from what I can tell when compared to friends who have also reserved is 247 - so I have a few thoughts that I would be interested to know what others think about.
So, has anyone bought a vehicle purely to flip and did you make/lose money or end up keeping it?
Cheers,
Simon
I have a reservation on an Ineos Grenadier, and now received the update on the build date deposit which will be due next month. I've always found the idea of this vehicle quite appealing and decided to try and get an early reservation with the idea to keep for 6 months and then flip it - given what looks like high demand and a low initial build number.
UK allocation seems to be max 2500 for 2022/23 - my reservation number from what I can tell when compared to friends who have also reserved is 247 - so I have a few thoughts that I would be interested to know what others think about.
- Given what happened with new Defenders selling way over the odds do we think the same will happen?
- Is 6 months too long to keep it?
- What if I like it too much! I can afford to keep it if this happens but it moves away from my bangernomics model for daily's
- Don't know if I will get to test drive one before having to commit to a build date - refund t&c's are unclear
- Will I look like a k**b in it?
So, has anyone bought a vehicle purely to flip and did you make/lose money or end up keeping it?
Cheers,
Simon