Easyplan66
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I see there is a 4.2 GT up on autotrader for £45,950 never seen one that cheap before. It has done 39k miles thought which seems higher than most of the other 2008 models for sale
Getting Cheaper
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GransportFan1
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Yes saw that yesterday, it is a sign though, the GT is starting to come down slightly in value, be interesting to see what the early examples will be worth in 12 months time, they may begin with a 3.
Andyk
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Ift the current fuel issues weren't happening I wouldn't agree but I think Dem you could have a point .... People who buy these cars new will always buy them as the fuel price will not change their minds.. .... People at the high end of the market buying new or nearly new...Lambo, Ferrari, Maserati etc can normally afford to run these cars.... but people who spend 30k/40k on cars llook at running costs a bit moer closely before a purchase....... Most of the time.
GransportFan1
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good point well made there Andy. For example if you had 40k to spend and you were looking at a second hand Evora or used GT 4.2, the difference in costs between the cars is quite large.
Thats what i mean andy, we are entering another year of recession, prices are going high and now these cars are entering a market where hard working people can buy them but have not got loads of cash to throw on them...the running costs will bring them to late 30s very soon...
Parisien
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Another new concern is that the latest taxation changes mean company cars are going to be much more costly to own and run in that way......anyone hazard a guess at what % new Maseratis are bought via the company car route versus privately bought?
The knock on effect could be considerable..................for both new and 2nd hand.
P
Easyplan66
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Do people really buy a GTS as a company car.... Dan?
ENZ525
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This was posted on the PN forum a couple of days ago by NWVT...hope they don't mind me posting it here:
Just recieved this from HMRC
HMRC targets supercars with new luxury car tax
Senior executives who benefit from generous company car schemes and owner-directors who run their luxury cars through the company are to be hit with a new income tax charge after 6 April.
Under new rules coming in on 6 April, the P11D tax paid on company cars, such as Ferraris, Lamborghinis, Bentleys and top-end Mercedes and BMWs, will increase significantly as the £80,000 maximum list price is abolished. Under the current system, income tax and NICs have been restricted due to this cap, resulting in maximum income tax of £14,000 pa and NICs of £3,584.
The tax increase would mean that an executive who drives a Ferrari 612 with a list price of around £222,000 would pay income tax of almost £39,000 pa, and the employer would face a bill for Class 1A NICs of over £10,000 pa, giving a total tax bill in 2011-12 of almost £50,000. This is an increase of 182% compared to this year with the cap in place.
Drivers purchasing secondhand cars will need to be particularly wary because what could seem a bargain could turn into a tax headache. HMRC charges car benefits on the list price, the amount the vehicle would be purchased for if new.
David Heaton, Employer Consulting Partner at Baker Tilly says: “Removing the £80,000 maximum list price is an easy hit for the Government, as it affects a select group of wealthy drivers. The tax hike was described in 2009 by Alistair Darling , when he introduced the legislation, as ensuring drivers of expensive cars paid a ‘fair level of tax', but the result is more likely to be the disappearance of the supercar from companies. The super-rich may not worry about the extra tax, but there is a real danger that some drivers of older company-owned supercars could be caught out: you can pick up a 2005 model Ferrari 612 Scaglietti for about £65,000, but as a company car the tax bill is based on its list price of £177,000: £39,500 of tax and NIC per year to drive a car worth £65,000 is not very attractive.â€
A summary of other company car tax changes on the horizon:
• Cars with CO2 emissions of no more than 120g/km – Qualifying Low Emissions Cars or QUALECs – will be taxed at 10% of list price (+3% for diesels)
• Cars with CO2 emissions of over 125 g/km will be taxed at between 15% and 35%.
• Subject to the 35% maximum, a 3% surcharge will apply to all diesels.
• There will no longer be any special discounts for hybrid or bi-fuel cars, or for those that run on E85 ethanol.
• Plug-in electric cars (and vans) will attract no benefit-in-kind charge for the next four years.
• From April 2012 we will have a new tax rate of only 5% for cars with ultra-low CO2 emissions of 75 g/km or less, with a new emissions scale starting at 10% (for 76–99 g/km) and rising by 1% per 5 g/km to 35%.
Just recieved this from HMRC
HMRC targets supercars with new luxury car tax
Senior executives who benefit from generous company car schemes and owner-directors who run their luxury cars through the company are to be hit with a new income tax charge after 6 April.
Under new rules coming in on 6 April, the P11D tax paid on company cars, such as Ferraris, Lamborghinis, Bentleys and top-end Mercedes and BMWs, will increase significantly as the £80,000 maximum list price is abolished. Under the current system, income tax and NICs have been restricted due to this cap, resulting in maximum income tax of £14,000 pa and NICs of £3,584.
The tax increase would mean that an executive who drives a Ferrari 612 with a list price of around £222,000 would pay income tax of almost £39,000 pa, and the employer would face a bill for Class 1A NICs of over £10,000 pa, giving a total tax bill in 2011-12 of almost £50,000. This is an increase of 182% compared to this year with the cap in place.
Drivers purchasing secondhand cars will need to be particularly wary because what could seem a bargain could turn into a tax headache. HMRC charges car benefits on the list price, the amount the vehicle would be purchased for if new.
David Heaton, Employer Consulting Partner at Baker Tilly says: “Removing the £80,000 maximum list price is an easy hit for the Government, as it affects a select group of wealthy drivers. The tax hike was described in 2009 by Alistair Darling , when he introduced the legislation, as ensuring drivers of expensive cars paid a ‘fair level of tax', but the result is more likely to be the disappearance of the supercar from companies. The super-rich may not worry about the extra tax, but there is a real danger that some drivers of older company-owned supercars could be caught out: you can pick up a 2005 model Ferrari 612 Scaglietti for about £65,000, but as a company car the tax bill is based on its list price of £177,000: £39,500 of tax and NIC per year to drive a car worth £65,000 is not very attractive.â€
A summary of other company car tax changes on the horizon:
• Cars with CO2 emissions of no more than 120g/km – Qualifying Low Emissions Cars or QUALECs – will be taxed at 10% of list price (+3% for diesels)
• Cars with CO2 emissions of over 125 g/km will be taxed at between 15% and 35%.
• Subject to the 35% maximum, a 3% surcharge will apply to all diesels.
• There will no longer be any special discounts for hybrid or bi-fuel cars, or for those that run on E85 ethanol.
• Plug-in electric cars (and vans) will attract no benefit-in-kind charge for the next four years.
• From April 2012 we will have a new tax rate of only 5% for cars with ultra-low CO2 emissions of 75 g/km or less, with a new emissions scale starting at 10% (for 76–99 g/km) and rising by 1% per 5 g/km to 35%.
Parisien
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Getting cheaper is not good! Well, not for anyone who has just bought one...like me
Did you buy new....always gunna take a hit.....but theyve held up well to date.
P
Palmball
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No, I try and avoid new where I can (basically, if I can find one in the right colour and spec second hand that is in new condition then that's what I do). I spec'd my car on Maserati's configurator and the price I've paid for my 2 year old example is exactly £30k less what it's full retail price is new (with the same spec).