Home > General (L405) > 2019 pre-reg - whats the price...... |
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Bill Member Since: 18 Nov 2017 Location: Essex / Normandy Posts: 1230 |
Not sure what you mean by murdered...
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5th Mar 2019 7:33pm |
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CUE99T Member Since: 02 Oct 2011 Location: Glasgow Posts: 779 |
Ah I meant Black black black.....
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5th Mar 2019 8:29pm |
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ilard Member Since: 21 Oct 2012 Location: London Posts: 708 |
It’s probably worth close to list including vat, unfortunately, since avoiding the delivery lead time carries a premium.
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6th Mar 2019 9:23pm |
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CUE99T Member Since: 02 Oct 2011 Location: Glasgow Posts: 779 |
cheers for thw 19.5 diff money info.
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7th Mar 2019 11:35am |
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ilard Member Since: 21 Oct 2012 Location: London Posts: 708 |
For a brand new car... I’d say that is not unreasonable if the spec is right for you. |
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7th Mar 2019 12:46pm |
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Red Merle Member Since: 19 Sep 2016 Location: Cornwall Posts: 2158 |
Why “take the VAT off”? |
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7th Mar 2019 1:01pm |
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CUE99T Member Since: 02 Oct 2011 Location: Glasgow Posts: 779 |
Surely if someone has paid the VAT then the dealer wouldnt be expecting to give you the vat back?
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7th Mar 2019 3:12pm |
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CUE99T Member Since: 02 Oct 2011 Location: Glasgow Posts: 779 |
Depends what you term "Brand New.....as its a pre-reg so isnt. all smug in my new plug! 2021 Westminster Black D300 2013 Vogue SE - gone Some Porsche Cayenne guff pretending to be a 4x4!! 2006 Vogue 2004 Vogue 2001 Vogue |
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7th Mar 2019 3:13pm |
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Red Merle Member Since: 19 Sep 2016 Location: Cornwall Posts: 2158 |
Dealers usually blame a lot of initial depreciation on “having to pay the VAT”. It’s a red herring though, as the VAT element isn’t being claimed back or recharged by anyone after the initial sale (except on certain lease / contract hire deals, but that’s a whole other can of worms!). A car may be initially sold at £100,000 + VAT = £120,000 purchase price and £120,000 simply becomes the depreciation starting point. |
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7th Mar 2019 3:23pm |
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CS Member Since: 14 Apr 2015 Location: Edinburgh Posts: 1374 |
The price will be whatever the seller and the prospective buyer agree, but my understanding of the VAT angle, based on what I have heard rather than anything else, is that if a dealer takes a vehicle for use in the business i.e. plant rather than stock for sale, either as a demo or a staff car, it can reclaim the VAT and the car then stands at the net of VAT price in its books. There will be rules on how long it has to be on the books for it not to be regarded as an artificial transaction. The dealer can then book a profit on sale above the net of VAT price. I heard this theory some time ago, so it may not be right any more, and indeed may never have been right. In any event a pre-reg would not be in that position, as it would not be used in the dealer's business, just in the dealer's stock for sale. Only Range Rovers since 1988 |
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7th Mar 2019 3:51pm |
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CUE99T Member Since: 02 Oct 2011 Location: Glasgow Posts: 779 |
Interesting views chaps. all smug in my new plug!
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8th Mar 2019 10:29am |
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Pixelpower Member Since: 16 Jul 2014 Location: Droitwich Posts: 203 |
If it's any help, I sold my 12 month old 5.0SC MY 2018 last week, 115k new, they gave me 92k. It's on the market now for 108, which seems optimistic. |
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10th Mar 2019 9:15am |
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CUE99T Member Since: 02 Oct 2011 Location: Glasgow Posts: 779 |
Thanks, thats where I want to be 95........I think it sounds more like taking the Mick on their behalf if I'm honest. all smug in my new plug!
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10th Mar 2019 12:36pm |
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Fleagle_UK Member Since: 20 Mar 2013 Location: Cheshire Posts: 409 |
a £16K mark up ???? - they are taking the absolute . |
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10th Mar 2019 12:45pm |
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