Man maths assistance requested please?

[zagatoes30]

LOL

70
55
30
No

They would be my answers too as would do the deal as soon as possible to get the best price

 

[Felonious Crud]

Jon - have you bought it yet? Come on, we're impatient!

 

[philw696]

Great thread on a lovely car.

 

[outrun]

I agree on 60k value in 2 years from now, I think if you kept it for many years you will never see less than 50k back. Perhaps more if Maserati get their act in gear and history starts to look kindly on these in the way it has the Merak, Bora, Khamsin etc

With a decent deposit, you could finance this for easily less than £500 a month. What's not to like?

 

[Felonious Crud]

Well, maybe even sub-200/month if your deposit/purchase price ratio isn't too high.

http://www.pcpcal.co.uk/

 

[redsonnylee]

Well, maybe even sub-200/month if your deposit/purchase price ratio isn't too high.

http://www.pcpcal.co.uk/

Thanks for posting , this is a great calculator to get an idea of numbers instead of using an excel file

 

[outrun]

Thanks for posting , this is a great calculator to get an idea of numbers instead of using an excel file

https://www.thecalculatorsite.com/finance/calculators/carloancalculator.php

Try this, it's fun to play with.

Reality on a Stradale is going to be 55-60% future value so it would look something like this,

 

[JonW]

https://www.thecalculatorsite.com/finance/calculators/carloancalculator.php

Try this, it's fun to play with.

Thanks for the additional link... this is what my current numbers look like

 

[Oliver6796]

Colour looks better in the pics than in person (in my opinion) I viewed it yesterday. Any one interested who wants my views feel free to PM me.

 

[outrun]

So basically you are looking at paying interest only on the borrowed amount? Why not do it over 3 years then, 2 years is quite short and the future value will be very similar. Better to take the longer deal in my view while we go into a bumpy post-Brexit apocalypse.

 

[JonW]

Colour looks better in the pics than in person (in my opinion) I viewed it yesterday. Any one interested who wants my views feel free to PM me.

Thanks Oliver...

 

[iainw]

Have you been offered 5.9% APR on those figures? That’s a good deal If so. No brainer at less than 200/ month

 

[JonW]

So basically you are looking at paying interest only on the borrowed amount? Why not do it over 3 years then, 2 years is quite short and the future value will be very similar. Better to take the longer deal in my view while we go into a bumpy post-Brexit apocalypse.

Only reason for the 2 years was to attempt to keep the mileage fairly low as and when I come to trade it in...

Also, a bit of me knowing I would be in a position to settle the final payment in 2 years time, so why pay interest for a longer period?

 

[Rwc13]

Why wouldn’t you based on those numbers? Very low monthly payment and a balloon far below expected future value, similar to mine on the DB9, and I also expect to settle the payment early or after 2 years and keep it longer. Unless you have been put off the colour.......?

 

[Oliver6796]

Thanks Oliver...

Most welcome

 

[D Walker]

I like the colour, also think you will do better than £69k if you don’t trade the GTS in against it...

 

[Felonious Crud]

So basically you are looking at paying interest only on the borrowed amount? Why not do it over 3 years then, 2 years is quite short and the future value will be very similar. Better to take the longer deal in my view while we go into a bumpy post-Brexit apocalypse.

I applied the same theory. 36 months delayed the final payment obligation with marginal impact on the total cost of interest but with a marginal improvement in monthlies. Always worth experimenting with the term. My experience is that 30-36 months tends to be optimal.

 

[Felonious Crud]

Only reason for the 2 years was to attempt to keep the mileage fairly low as and when I come to trade it in...

Also, a bit of me knowing I would be in a position to settle the final payment in 2 years time, so why pay interest for a longer period?

You can always pay it off early.

 

[JonW]

Why wouldn’t you based on those numbers? Very low monthly payment and a balloon far below expected future value, similar to mine on the DB9, and I also expect to settle the payment early or after 2 years and keep it longer. Unless you have been put off the colour.......?

Why wouldn’t I is a great question that I’m trying to come up with a sensible answer to... at the moment, if I try really hard to engage the left hand side of my brain, it comes up with this:

If we assume (being prudent and just for the sakes of a rough calculation) that in 2 years time the Strad would be worth £55k. This means, if I financed it with a final payment of £39k, that would leave me with roughly 16k of “value” in the car for a future deposit

If we also assume that the current value given for my GTS in part ex is £30k, then the cost of ownership over the two years is the 14k reduction in my available deposit plus the £5k in interest payments. There would probably also need to be a new clutch if I wanted to sell the Strad for close to £60k, so maybe another 4k on top. I’m not adding anything for brakes or servicing, as I’m going to have do these on my GTS anyway.

So I think that means I’m looking at a total cost of ownership of roughly 24k over two years... which on the face of it looks expensive.

However, if I kept my GTS that would probably only be worth £20k in two years, so I feel as though maybe I can justify saying that 10k of that £24k is effectively a sunk cost, and therefore the fundamental question is whether I think £14k is a fair cost for two years of owning a Strad, and how much upside I think there might be in owning a limited edition Centennial in a rare colour.

I also still have some doubts over how much better than a GTS can a Strad be...

 

[Ewan]

In case this helps Jon, and as a sucker for a Blu Maser, I may be interested in buying your GTS. Is it manual or auto, and what is the interior colour?