depreciation on new Ghibli

Ewan

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6,843
Exactly my thoughts. If Maserati are serious about shifting tens of thousands of these diesel Ghiblis to business users, and to tackle the problem image of high depreciation, they'll need to do better than this.
 

bigbob

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8,973
Take a no option car at £45k after discount and assume it's worth £25k against another one at £5k off after three years and is ok really.
 

Felonious Crud

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Residuals used to be strong until about 5 years ago when lots of people got burned on wildly optimistic estimates. Risk and finance folk now take a pessimistic view. If we smart at the monthlies at least we don't have to pay to give a car back.

(Try an independent finance broker, by the way.)
 

Emtee

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8,446
Take a no option car at £45k after discount and assume it's worth £25k against another one at £5k off after three years and is ok really.

The cost of options scuppers that one though and I don't think Maserati will be selling too many base models.
 

bigbob

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8,973
Residuals used to be strong until about 5 years ago when lots of people got burned on wildly optimistic estimates. Risk and finance folk now take a pessimistic view. If we smart at the monthlies at least we don't have to pay to give a car back.

(Try an independent finance broker, by the way.)

What residual you put in makes no difference to the total cost.

It's a tough market. Audi is doing £7k off RS4 if you take 6% APR finance.
 

Emtee

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Most E class, 5 series go out with only metallic and nav as options.

Hmm, Ewan mentions more than £10K in options to get to a decent spec? I haven't checked into the details, so can't comment with any certainty, but either Ewan has gone for an all singing all dancing spec, or the base spec isn't on a par with the cars you mention?
 

Ewan

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6,843
Even wheels are an extra. As is paint. And heated, electric front seats - and all the other sort of things you'd think would be standard.

They design the wheel arches to be huge, and then fit 18 inch wheels as standard so that they look silly, forcing you to "upgrade" to a set that actually fit the space. And how many in the popular shades of grey, silver, black, blue won't be metallic?

Have a play on the Maser simulator and see what your preferred spec car comes to. I was trying to be sensible when I did mine. Maybe I'll go back and have another look.

The really silly option was when I was quoted £12k for white paint as an option on a Gallardo (when I was misguidedly thinking of one of those to replace my Diablo). The salesmen tried to tell me white paint was more expensive than other colours. Right up until I told him I owned a paint manufacturing company, and explained to him why white is actually the cheapest. I've recently repainted my Porsche 951 in white and from memory the paint cost less than £200.

By the way, for the financiers out there, I've not got it in front of me now, but I think the APR was 7.5%.
 

GhostyDog

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594
Maserati will look at this globally, the UK market has higher depreciation than other markets, maybe that says something about how we value things in the UK?
 

bigbob

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8,973
Not sure how our 20% VAT compares with other markets and the fact that there is no VAT on used sales. Residuals would look a lot better if there was.
 

Bowker Maserati

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236
Unfortunately it is the pessimists that are closet. The residual value figure quoted is £20,750. So on this PCP I'd pay a £10k deposit, than 36 x 1k. So it would cost me £46k over the three years. Which I think is a lot for a car that's only £58k new, especially given how cheap money can be borrowed right now.

Of course, the car may well (and in fact should) be worth more than the residual figure, so there is some equity to be moved into the car I then move into. But even so, this doesn't seem as competitive as it needs to be to stop people buying, say, a BMW d535.

This was through Maserati finance. I've not yet checked what Oracle (or similar) offer.

Ewan

I've been doing some comparison quotes with other finance houses, and the Maserati GFV is by far the highest. Though I am waiting on one company to get back to me.
Just as an option i have been doing 5 year hp deals, for a couple of customers and you should be able to get 3% flat rate at the moment. If you are borrowing £48000 that should cost you around £920pcm. Option then is to px at 36 months or anytime, but the bonus is you are not having to make a decision in 3 years.

Incidentally make sure you dealer has included the dealer deposit in your PCP quote. But dont tell them I told you!

If you need any help with it give me a shout.

Gary
 

Maser Sod

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1,965
Incidentally make sure you dealer has included the dealer deposit in your PCP quote. But dont tell them I told you!

Thanks for the tip, Gary! Should we expect all Maser dealers to provide a dealer deposit/discount?

If not, then it could give you guys at Bowker a competitive advantage. I don't know of any other dealership yet to come on here and offer anything off the list price.
 

Ewan

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6,843
Tried to call you today Gary, but apparently it was your day off. Good to see you spent on the Maser forum!

I had another look at the options list, and in retrospect you can get a decent spec car for less than I first calculated. If you go for 19 inch wheels, metallic paint, bi-xenon washing lights, heated electric seats and a few other bits, it comes to about £54k, which is a bit better. And if we think positively (!) and assume a final value after 3 years of £24k, it means you only loose £30k (plus the interest) over that time. And that is not crazy for a luxury car from an exclusive brand - after all, I'm perfectly happy for my Maserati to cst me more than, say, an Audi or BMW.

(and to counter balance it, at least one of my other Masers is going up in value!)
 

Bowker Maserati

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236
Tried to call you today Gary, but apparently it was your day off. Good to see you spent on the Maser forum!

I had another look at the options list, and in retrospect you can get a decent spec car for less than I first calculated. If you go for 19 inch wheels, metallic paint, bi-xenon washing lights, heated electric seats and a few other bits, it comes to about £54k, which is a bit better. And if we think positively (!) and assume a final value after 3 years of £24k, it means you only loose £30k (plus the interest) over that time. And that is not crazy for a luxury car from an exclusive brand - after all, I'm perfectly happy for my Maserati to cst me more than, say, an Audi or BMW.

(and to counter balance it, at least one of my other Masers is going up in value!)

Ewan, yes a couple of days off before the madness of the Ghibli launch.

Im back in on saturday, give me a call over the weekend and Ill help you where i can........

Gary