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How to afford a Lamborghini Gallardo
Posted: Wed Jan 14, 2004 2:15 pm
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Wed Jan 14, 2004 2:31 pm
by 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
Re: How to afford a Lamborghini Gallardo
Posted: Wed Jan 14, 2004 3:02 pm
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Wed Jan 14, 2004 5:38 pm
by 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.
Re: How to afford a Lamborghini Gallardo
Posted: Wed Jan 14, 2004 6:35 pm
by 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).
Re: How to afford a Lamborghini Gallardo
Posted: Wed Jan 14, 2004 7:02 pm
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Wed Jan 14, 2004 7:24 pm
by 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.
Re: How to afford a Lamborghini Gallardo
Posted: Sun Jan 25, 2004 9:15 am
by TimJMS
So, Gareth.
Spill the beans.
How are you liking the Gallardo? Any post - delivery niggles? [img]images/graemlins/sekret.gif[/img]
Re: How to afford a Lamborghini Gallardo
Posted: Sun Jan 25, 2004 11:23 am
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Sun Jan 25, 2004 12:21 pm
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Sun Jan 25, 2004 1:59 pm
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Sun Jan 25, 2004 2:04 pm
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Sun Jan 25, 2004 4:32 pm
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Sun Jan 25, 2004 5:49 pm
by 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]
Re: How to afford a Lamborghini Gallardo
Posted: Sun Jan 25, 2004 5:52 pm
by 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]