Performance Car Values - They Be Crashing

kindai said:
Yup, we are currently in a lovely little "cheap to run" bracket. GTR ~175 a month. SVR ~100 a month. Going to the next level of car also means the next level of maintenance...
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The SVR is under £50 servicing wise per month, its a joke in a good way, practically as cheap as Mustang. The only item the SVR might need every couple of years is brake pads, which cost pennies also. Yes the insurance is double the Mustang, but that is because it has a declared value of £80,000 and its quite a bit quicker.

Now if we factor in fuel with a GTR or SVR, then hahahahahahaha! I stick around £300-£600 a month in mine, depending how many miles I do. :D
 
kindai said:
Shhh

shhh

shhhhhhhhhhhhhh
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Track days, trips out, Santa Pod, mods (for you), then all of a sudden your into thousands per month before you realise it. :D

To be honest this week was a fleecing week, needed new washing machine, £500, Jag service £300, new M3 wheels £1000, Jag insurance £1000, Jag road tax £550 and weekends away, it quickly all adds up to thousands. But at least the tax and insurance is a once a year payment. :)
 
Gibbo said:
Track days, trips out, Santa Pod, mods (for you), then all of a sudden your into thousands per month before you realise it. :D

To be honest this week was a fleecing week, needed new washing machine, £500, Jag service £300, new M3 wheels £1000, Jag insurance £1000, Jag road tax £550 and weekends away, it quickly all adds up to thousands. But at least the tax and insurance is a once a year payment. :)
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I'm glad my road tax is only £245 :p
 
Gibbo said:
Battery replacement: £3000 (not covered by warranty), which I think is a joke!


In short running a Mclaren 570S out of warranty, budget £500 per month for servicing/warranty and if the battery does fail, lube up, but I was pleasantly surprised as that is easily affordable.
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What sort of car battery costs £3000? It's not even a hybrid.

On the topic, it definitely feels like time for prices to come down, this silly world of little to no depreciation has become tiresome.

Perhaps 2019 might also be the year that people can pluralise the names of cars without adding an apostrophe. No, what am I thinking.
 
olv said:
What sort of car battery costs £3000? It's not even a hybrid.

On the topic, it definitely feels like time for prices to come down, this silly world of little to no depreciation has become tiresome.

Perhaps 2019 might also be the year that people can pluralise the names of cars without adding an apostrophe. No, what am I thinking.
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Its a lion battery with 60ah, so should be around £1000, its got some circuitry which no doubt talks to the car, so a few hundred quid, £1500 would be more reasonable, its just £3000 because well they can.
 
You won't need a new battery unless you let it go flat by not driving the car (talking 4 weeks+). Most owners I know keep the car hooked up to a battery conditioner which should come with the vehicle. Check the battery health in the menus if looking at buying second hand, it will tell you number of days until it goes flat.

Definitely seeing a long overdue softening in the market. I think that everyone from businesses to individuals is looking to reign in spending - simply because there looks to be so much uncertainty ahead for 2019. The best place to be at the moment seems to be in cash. It could well be that we are in for a recession, looking at retail spending and so on - it might only be a comparatively short one in duration, but all of the economic information feeds in to each other, and it can become vicious cycle of people talking down values and prospects until it actually becomes true.

It wasn't that long ago that older mid-engined V8 Ferraris were available from £20K - if you take that as a water mark and even accounting for inflation, it could mean that we will see £45K 360s, £60K 12Cs and so on, simply because the running costs of these cars are very high.
 
kindai said:
Dave is currently looking at a vat qualifying 2017 gt3 at 150k, as hes got his walking stick he is vat exempt, lucky bugger gonna be getting 30k off the price!
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Out of interest how does that work as i thought the VAT exempt element was only on the cost of modifications to adapt the car and not on the car itself (unless adapted for wheelchairs)
 
Rotty said:
AMG GT-s doesn't seem to be dropping :(
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In general prices seem to be all over the place some dropping some that you wouldn't expect holding their price or even going up - I've been keeping half an eye on the mid price performance cars of the Giulia Quadrifoglio ilk, etc. lately but nothing I'd be tempted by is really moving in a way that might get me interested :s
 
Rotty said:
AMG GT-s doesn't seem to be dropping :(
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They absolutely have a GTS was around SVR prices when I got my SVR, circa 85k.

Can get a GTS now for 70k a year later!

I suspect like the SVR they will bottom out around 60k unless the whole market collapses and a recession comes from all the uncertainties .
 
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