Should I Buy an Exige Sport 410

[duncx]

I don't think there's anything wrong with it Ray, he said he's been driven mad by more than one private buyer over the week, describing them as "utterly crazy".  He finally lost his rag and just accepted a trade offer to be 100% certain of a smooth/easy sale.

Dave, there's no way he will have accepted £55K - he had a firm offer from me of £61K on the table, with full details of how I would pay by bank transfer and get the car collected. I reckon he used my offer as a 'backstop' for the trade buyer and accepted the same figure or very close. Makes sense if you think about it, for all he knows I could have turned out to be another 'utterly crazy' private buyer

[Daveb99]

3 minutes ago, duncx said:

I don't think there's anything wrong with it Ray, he said he's been driven mad by more than one private buyer over the week, describing them as "utterly crazy".  He finally lost his rag and just accepted a trade offer to be 100% certain of a smooth/easy sale.

Dave, there's no way he will have accepted £55K - he had a firm offer from me of £61K on the table, with full details of how I would pay by bank transfer and get the car collected. I reckon he used my offer as a 'backstop' for the trade buyer and accepted the same figure or very close. Makes sense if you think about it, for all he knows I could have turned out to be another 'utterly crazy' private buyer

You say that Dunc, but if he’s daft enough to lose £16k on it in 2 months, he might have just cut his losses and accepted a lower trade offer to get the deal done (perhaps not as low as my 'bend over sir' 55k suggestion though).   He obviously needed the cash.   Did he give a reason for sale?

[duncx]

Ray will probably confirm - he said to me that he bought it as a daily and just couldn't get on with it, hated it

 

[Daveb99]

Just now, duncx said:

Ray will probably confirm - he said to me that he bought it as a daily and just couldn't get on with it, hated it

 

If that’s true, classic case of more money than sense then.   Maybe not for much longer 🤪🙂

[Elisemadray]

1 minute ago, duncx said:

Ray will probably confirm - he said to me that he bought it as a daily and just couldn't get on with it, hated it

 

yep that was his reasons but there will be others 

[collieek]

It will be interesting to see where this pops up for sale and how much it is advertised for.

.

[Adtmits]

Gutted it has gone to trade! My guess is B&C... we will see! It will retail at 68k all day long.

In some ways he created his own issue. If he had priced it at 64-65k he would have filter out some of the dreamersand would have known who was genuine even if we actually ended up with 61/62k. If he accepted below 60k then he is fool frankly.

I doubt there was anything untoward... too short a time to fix a smash etc. I personally could not daily a 410 no matter how low the miles. After all I destroyed the front splitter on my V6 on the entrance to our co-op carpark... I can only imagine that with CF 410 splitter!!

 

 

[lotus111]

Was looking forward to following Ray or Duncx in the mean gold machine and like Adam gutted its gone to trade and even at his asking price it was well in a dealer profit margin so doubt he as let it go for much less. For me the Exige 410, 430 as hit the sweet spot of Lotus ethos as we move into a new age of motoring it’s probably the model that will be the most sort after. 

[Phil Hutchins]

A lucky escape if you ask me guys. I’m sure that your offer, Dunc, was on the basis that he actually owned the car and there was no outstanding finance. Perhaps that scared the seller off! On the current 50/50 deal couldn’t he just have taken a buyers cash and run off with a £20k-plus profit and to hell with the finance liability?!

Its a car...albeit a very nice one...there will be others!!

[duncx]

I can't see that there was any finance Phil - I asked for (and received) copies of the invoice (which showed it was paid by credit card number *********1234, as they do) and the full payment credit card receipt with the same number. My only concern was the possibility of a 'log book loan' but he had both keys and the original V5 so that seemed unlikely too. I was going to do a proper HPI check (not a cheapy!) to further cover that risk.

No, I think it was a straight up car, I simply misjudged the situation by making an offer rather than going straight in at asking. Covid further complicated things for me, I couldn't get in the viewing fast and safe enough for my liking.

Not to worry, it's not the only 410 in the world

 

[PJT]

It's still on autotrader!

I think you've dodged a bullet.  It's just something that feels wrong about the whole thing to me.

[duncx]

Here we are guys, it can be ours for a bargain £67K from Syntner

https://www.pistonheads.com/buy/listing/11242411

Edit: sorry, not 67, almost £68K!

[Elisemadray]

Its a Bargain!!! 🤣🤣🤣

[Daveb99]

What a surprise......🤪

I still think he sold it to them for £60k max, hassle free sale and all that...

[MG4Lotus]

Taking £60k as part of a part ex deal would probably have made sense to him. Especially if they were playing hard ball about cash buyer discounts on his new car. Just guessing.