How to afford a Lamborghini Gallardo

[DuncS3]

I dont know how many of you guys read Autocar, but one of the journalists, Chris Harris, has had a new Gallardo on order which he picked up at Xmas. There were many letters and internet threads on how could he afford a Gallardo, and in this weeks issue he tells us how:

List Price £120K
£35K deposit
£1000 per month for 3 years

Guaranteed future value at end of three years

car is currently worth £135K

So there you go, not too bad after all!

Dunc [img]images/graemlins/s3addict.gif[/img]

[JohnH]

These finance plans certainly help when buying these cars as long as you dont want to actually own it!!! My guess is he will be paying about £13K+ in interest charges and with a residual after 3 years of about £62K

[DuncS3]

They reckon it should still be worth list price after a year, so he could run it for a year and not be to out of pocket.

Dunc [img]images/graemlins/s3addict.gif[/img]

[TimJMS]

Maybe it will be worth list price after a year to the dealer. Dont forget that Audi and Lambo are breeding these very limited market cars out as fast as baby rabbits now.

[TarmacTerrorist]

Maybe it will be worth list price after a year to the dealer. Dont forget that Audi and Lambo are breeding these very limited market cars out as fast as baby rabbits now.

They were producing 5 a day at Quattro Gmbh. Production ceases early this year IIRC and will be switched to a new factory at Lambo in Italy, it was being completed while we were in Germany (Nov 03).

[Gareth]

These finance plans certainly help when buying these cars as long as you dont want to actually own it!!! My guess is he will be paying about £13K+ in interest charges and with a residual after 3 years of about £62K

I would love to know just how (un?) competitive the finance really is...£87k over 3 years for a £1k monthly payment doesn't sound right to me [img]images/graemlins/crazy.gif[/img] (even with a £35k deposit)

Bet the whole deal rests on the residual valuation... [img]images/graemlins/3flypigs.gif[/img]

Either way I very jealous and I'd have one like a shot if it wasn't for the Mrs and the cost of improving/updating our house [img]images/graemlins/062802drink_prv.gif[/img]

[TimJMS]

Didnt realise they were banging as many as five a day out just at Quattro, but I understood that production was running concurrently at Sant Agata. So thats an absolute minimum (if the Italians get their fingers out) of ten cars a day then, possibly more!!

The demand for supply is going to be met rapidly. Thats mass production for a "supercar". Hope they have enough buyers. Guess they know what they're doing though.

[TimJMS]

So, Gareth.

Spill the beans.

How are you liking the Gallardo? Any post - delivery niggles? [img]images/graemlins/sekret.gif[/img]

[Riz_RS4]

So, Gareth.

Spill the beans.

How are you liking the Gallardo? Any post - delivery niggles?

OMG my dream car...... [img]images/graemlins/cry.gif[/img] [img]images/graemlins/jawdrop.gif[/img] [img]images/graemlins/cry.gif[/img]

Loads of pictures please... maybe a special RS246.com meet to celebrate this [img]images/graemlins/smile.gif[/img]

Riz [img]images/graemlins/s3addict.gif[/img]

[DuncS3]

Bet the whole deal rests on the residual valuation...

Yes it does its a PCP type plan (maybe even business rates for Autocar?)

Dunc [img]images/graemlins/s3addict.gif[/img]

[Gareth]

So, Gareth.

Spill the beans.

How are you liking the Gallardo? Any post - delivery niggles?

OMG my dream car...... [img]images/graemlins/cry.gif[/img] [img]images/graemlins/jawdrop.gif[/img] [img]images/graemlins/cry.gif[/img]

Loads of pictures please... maybe a special RS246.com meet to celebrate this [img]images/graemlins/smile.gif[/img]

Riz [img]images/graemlins/s3addict.gif[/img]

Sorry Tim and Riz the Gallardo post was a little wind up over at www.bm3w.co.uk [img]images/graemlins/grin.gif[/img]

I did have one on order from about May of last year for a February '04 delivery but it all hinged on the house we looking to buy. If the house deal didn't happen I would have had the Gallardo in about 3 weeks time...but it did ( [img]images/graemlins/cry.gif[/img] sort of..) so it was sold on [img]images/graemlins/boots.gif[/img]

BTW the finance deal Lambo offered me at the time was about 2.0% worse than the Lombard deal I had looked at [img]images/graemlins/nodder.gif[/img]

In a year from now when things are settled down I'll have a look again and see how the funds are looking [img]images/graemlins/FIREdevil.gif[/img]

[Riz_RS4]

Sorry Tim and Riz the Gallardo post was a little wind up over at www.bm3w.co.uk

hee hee [img]images/graemlins/3flypigs.gif[/img]

Riz [img]images/graemlins/thumbs.gif[/img]

[TimJMS]

Well I pop over every now and then to have a little look in and see how my CSL's are doing, and knowing a little of the history of you and yours I was rather surprised with the Gallardo news.

Damn. Thought you were going to tell me how I could afford one too [img]images/graemlins/grin.gif[/img]

[Conti]

Thought you were going to tell me how I could afford one too [img]images/graemlins/grin.gif[/img]

Would have been very interesting to some of us! [img]images/graemlins/biggrin3.gif[/img]

[Riz_RS4]

Would have been very interesting to some of us!

Yeah..... must be these rich farmers [img]images/graemlins/biggrin3.gif[/img]

Riz [img]images/graemlins/s3addict.gif[/img]