S1

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thistle1
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S1

Post by thistle1 » Mon Jul 29, 2019 1:28 pm

Are S1 selling if no why not ?

Hifidelity
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Re: S1

Post by Hifidelity » Tue Jul 30, 2019 9:30 pm

Looking across the forums, at least 2/3 have been sold in the last month or so. Market is pretty flat here and abroad. Foreign buyers were driving a lot of the demand (not just S1’s) and they seem to have disappeared at the moment. I think until this cloud of financial uncertainty disappears (dare I mention brexit) things will be pretty slow. From what I’ve been told though the market is still there for the perfect low mileage collector examples, across all marques.

thistle1
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Re: S1

Post by thistle1 » Wed Jul 31, 2019 11:06 am

Cheers for reply

gonein60seconds
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Re: S1

Post by gonein60seconds » Tue Aug 06, 2019 9:08 pm

They are over-priced. I haven’t seen one sell on the open market in ages. And cars for sale are spread from £36-50k so a real range to choose from in terms of spec, price, originality etc. The classic/sports car market has declined in general, but S1 Exige are very niche and once you get into the £35k+ bracket there is so much choice of other things to buy.

I love them but just see it as reality. People will argue but if something doesn’t sell and has been on the market for 6-8-10-12 months the answer is its outpriced the market place.
** Looking for ** S1 Lotus Exige, Cobalt blue, No.437 / Y104 JTM

Hifidelity
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Re: S1

Post by Hifidelity » Tue Aug 06, 2019 10:13 pm

gonein60seconds wrote:
Tue Aug 06, 2019 9:08 pm
They are over-priced. I haven’t seen one sell on the open market in ages. And cars for sale are spread from £36-50k so a real range to choose from in terms of spec, price, originality etc. The classic/sports car market has declined in general, but S1 Exige are very niche and once you get into the £35k+ bracket there is so much choice of other things to buy.

I love them but just see it as reality. People will argue but if something doesn’t sell and has been on the market for 6-8-10-12 months the answer is its outpriced the market place.
You’re not looking hard enough then. Silverstone sold one last month for a kick off. Got to love your negativity 👍🏻

gonein60seconds
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Re: S1

Post by gonein60seconds » Thu Aug 08, 2019 6:22 am

Hifidelity wrote:
Tue Aug 06, 2019 10:13 pm
gonein60seconds wrote:
Tue Aug 06, 2019 9:08 pm
They are over-priced. I haven’t seen one sell on the open market in ages. And cars for sale are spread from £36-50k so a real range to choose from in terms of spec, price, originality etc. The classic/sports car market has declined in general, but S1 Exige are very niche and once you get into the £35k+ bracket there is so much choice of other things to buy.

I love them but just see it as reality. People will argue but if something doesn’t sell and has been on the market for 6-8-10-12 months the answer is its outpriced the market place.
You’re not looking hard enough then. Silverstone sold one last month for a kick off. Got to love your negativity 👍🏻
No negativity - as I stated I love the cars and the marque. But reality is reality when it comes to pricing. And to above it’s not about Lotus or Exige’s though they are particularly niche. Same in Porsche etc. Bubble hasn’t burst but market is in decline. I haven’t invented that speak to specialists.
** Looking for ** S1 Lotus Exige, Cobalt blue, No.437 / Y104 JTM

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6970K
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Re: S1

Post by 6970K » Thu Aug 08, 2019 2:10 pm

thistle1 wrote:
Mon Jul 29, 2019 1:28 pm
Are S1 selling if no why not ?
After doing only 200 miles in last year put mine up for sale last week. Sold in 2 days for asking price

Hifidelity
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Re: S1

Post by Hifidelity » Thu Aug 08, 2019 7:41 pm

Happy days we’ll done, that’s definitely 3/4 sold then. 👍🏻

Hifidelity
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Re: S1

Post by Hifidelity » Thu Aug 08, 2019 7:56 pm

I’m not saying you have invented it but if you read my post and hadn’t disregarded everything I said, then your response might have been a bit different. 3/4 confirmed sales in the last 2 months contradicts your comment.

You’re also presuming that the cars that have hung about are good examples, for all you know they could be a bag of spanners.

The difference now is that buyers are being a little more careful with their money and dealers are struggling because there’s only so many good cars to go round. The best cars will always sell and still at a premium. Dealers have had it easy it’s now time for them to work for their money like the rest of us.

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thommo
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Re: S1

Post by thommo » Fri Aug 09, 2019 2:36 pm

6970K wrote:
Thu Aug 08, 2019 2:10 pm
thistle1 wrote:
Mon Jul 29, 2019 1:28 pm
Are S1 selling if no why not ?
After doing only 200 miles in last year put mine up for sale last week. Sold in 2 days for asking price
Here we go again . . . .😳

Just joking, Steve👍

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