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Re: Dealer Margins - Used Vehicles
Posted: Wed Nov 20, 2019 10:32 am
by Chamon_lee
JFA wrote: ↑Tue Nov 19, 2019 2:53 pm
I wonder if the unpredictable and volatile prices reflect the fact that an F-type is a pretty emotional purchase and so the dealers are often happy to wait for the buyer who just falls in love with the car and therefore will pay a premium? With other, more 'sensible' (or German) purchases, prices reach a market value based on more consistent logical factors and so the prices become more consistent. I knew that I was going to 'lose' a fortune buying a brand new SVR, but I did not care and did not perceive it as a loss, but more as a justification of my real desire to own the car. I suspect the smart dealers with quality Fs know that the right buyer will come along and will only discount when desperate!
I understand your point of view but I think at this price point when you get to these types of cars it is always an emotional purchase and even with that being said I am not sure how a spread of 20k on a 65k car is possible.
10k I could maybe understand at a main dealer to some extend.
These cars are just sitting around for more than 5-6 months.
Re: Dealer Margins - Used Vehicles
Posted: Wed Nov 20, 2019 11:45 am
by scm
Cars, like most things, are only worth what someone's prepared to pay for them. If cars are overpriced they'll (eventually) be reduced, you just have to hang on and hope nobody comes along with a higher opinion of worth.
Re: Dealer Margins - Used Vehicles
Posted: Mon Dec 02, 2019 9:45 am
by bobpies
I just bought used - they would give me 1k off IF I took their 9.9 APR pcp / hp but nothing off if I financed it myself or cash
Re: Dealer Margins - Used Vehicles
Posted: Mon Dec 02, 2019 10:30 am
by scm
bobpies wrote: ↑Mon Dec 02, 2019 9:45 am
I just bought used - they would give me 1k off IF I took their 9.9 APR pcp / hp but nothing off if I financed it myself or cash
Yeah, finance commission pays better than bank interest.
Re: Dealer Margins - Used Vehicles
Posted: Mon Dec 02, 2019 6:47 pm
by Chamon_lee
bobpies wrote: ↑Mon Dec 02, 2019 9:45 am
I just bought used - they would give me 1k off IF I took their 9.9 APR pcp / hp but nothing off if I financed it myself or cash
did you by any chance but the white f type R 2017 convertible?
Re: Dealer Margins - Used Vehicles
Posted: Tue Dec 17, 2019 4:47 pm
by bobpies
Chamon_lee wrote: ↑Mon Dec 02, 2019 6:47 pm
bobpies wrote: ↑Mon Dec 02, 2019 9:45 am
I just bought used - they would give me 1k off IF I took their 9.9 APR pcp / hp but nothing off if I financed it myself or cash
did you by any chance but the white f type R 2017 convertible?
sorry didn't see this
no i got a 2016 coupe
Re: Dealer Margins - Used Vehicles
Posted: Tue Dec 17, 2019 6:57 pm
by JohnG123
Traded in my Firesand orange 5.0 R awd last month dealer give me £40k car now for sale for £46K ....
Re: Dealer Margins - Used Vehicles
Posted: Tue Dec 17, 2019 9:10 pm
by bobpies
JohnG123 wrote: ↑Tue Dec 17, 2019 6:57 pm
Traded in my Firesand orange 5.0 R awd last month dealer give me £40k car now for sale for £46K ....
Ah sad
I’d have given u 42
Re: Dealer Margins - Used Vehicles
Posted: Tue Dec 17, 2019 9:28 pm
by JohnG123
Not to worry ....... I got 2 years dealer warranty on the Mclaren so it’s swings and roundabouts it’s really about the cost to swop as that’s the bit that matters.
Re: Dealer Margins - Used Vehicles
Posted: Fri Dec 20, 2019 12:42 pm
by JohnG123
Wow looks like they have sold it straight away....
