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Aug 24th, 2023
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Joined: Nov 2009
Posts: 138 Likes: 1
L - Learner Plates On
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L - Learner Plates On
Joined: Nov 2009
Posts: 138 Likes: 1 |
Sold at £56250 + buyer's premium at 12% + vat = £64350. What were RTCC doing letting that S1 go for less than £40000 last week? Sold for £50k, the £56250 included buyers premium. Have put an auction link up on another thread. TBM, thank you for pointing this out For some reason the auction results are including the 12.5% buyers premium excluding the VAT on the buyers premium so the buyers full price would have been £57,500 of which the seller would only have received £45,200. I would say buyer paid fair market value for auction but at a dealer at this price or possibly more like £59,000 with benefit of having a test drive and warrenty. Seller was the biggest loser here but some people have deeper pockets than others and don't want hassle.
AnDrew G
2003 Aero S1
2009 Aeromax - past
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Joined: Mar 2009
Posts: 11,221 Likes: 159
Smile, it confuses them Member of the Inner Circle
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Smile, it confuses them Member of the Inner Circle
Joined: Mar 2009
Posts: 11,221 Likes: 159 |
Andrew - do you think a good S2 will sell at £59k? Asking for a friend with an S2 
Everyone loves a Morgan. Even me, unless it's broken again.
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Joined: Dec 2008
Posts: 21,871 Likes: 168
Roadster Guru Member of the Inner Circle
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Roadster Guru Member of the Inner Circle
Joined: Dec 2008
Posts: 21,871 Likes: 168 |
Against CX prices, Aeros look like bargains now.
Let's face it, 30 - 40 grand plus an Aero to get a CX isn't that appealing. That thinking resulted in a second Trad for me.
DaveW
'05 Red Roadster S1
'16 Yellow (Not the only) Narrow AR GDI Plus 4
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Joined: Nov 2009
Posts: 138 Likes: 1
L - Learner Plates On
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L - Learner Plates On
Joined: Nov 2009
Posts: 138 Likes: 1 |
Andrew - do you think a good S2 will sell at £59k? Asking for a friend with an S2 Well the S2 does have an extra rarity value so if it was in a good colour...such as silver  it may achieve close to such a figure (from a dealer) given the Silverstone car which would have had an underbidder who may have bid more if they had been able to inspect the car closer and go out on a test drive. Though I am an armchair  expert. These cars are very difficult to value and does depend on condition / mileage. Hope that helps err your friend?
AnDrew G
2003 Aero S1
2009 Aeromax - past
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Joined: Mar 2009
Posts: 11,221 Likes: 159
Smile, it confuses them Member of the Inner Circle
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Smile, it confuses them Member of the Inner Circle
Joined: Mar 2009
Posts: 11,221 Likes: 159 |
Everyone loves a Morgan. Even me, unless it's broken again.
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