Supercar Dealers Reveal Best Investment Cars & How to Sell Anything to Anyone
Disruptors
Rob Moore
4.8 • 1.4K Ratings
🗓️ 27 November 2023
⏱️ 98 minutes
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| 0:00.0 | If I drive down the street, there's people breaking the necks just to look at that, you're doing double takes and whatnot. |
| 0:07.0 | David, what is the total stock value of all the cars you have in your showroom? |
| 0:13.6 | So at any given time is between 25 to 30 million pounds. |
| 0:17.2 | Wow. |
| 0:18.2 | And are we near a 25 million today or near a 30 million? |
| 0:21.6 | I think in today's market we're near a 30. Reason being |
| 0:24.7 | we've just never been so busy with cars coming in into stock. So we do stock, so |
| 0:30.2 | we've stopped the showroom in two different ways either we'll buy the cars outright or we're |
| 0:35.2 | consigned them and in today's market consigning is really attractive for the consumer. |
| 0:40.9 | They just want the most money back in the quickest time possible. |
| 0:44.0 | But if I was to buy cars in the trade at the moment, |
| 0:49.0 | I'm having to kick people between the legs because it's such an uncertain market with interest rates |
| 0:54.0 | going up, the prices have been fluctuating quite a lot so you're just kind of trying to |
| 0:59.3 | get the cars into stock as quick as possible. |
| 1:07.0 | George, do you think it's a good or a bad time at the moment in the... George, do you think it's a good or a bad time at the moment in the car market? |
| 1:11.0 | It depends on who you're asking, I think for the buyer in terms of the |
| 1:15.7 | consumer or the seller. So for the buyer it's an amazing time because you're |
| 1:19.2 | getting cars for like we were discussing earlier almost a hundred thousand pounds cheaper than what they were going for a year ago. |
| 1:25.0 | For the seller, unfortunately, let's say someone who's bought a G63 for 50,000 pounds over list, |
| 1:31.0 | they are going to be crying right now in in today's |
| 1:33.8 | market because you can now walk into Mercedes and buy a brand new G63 for |
| 1:38.0 | ten thousand pounds underlist. Like it used to be. Yeah like it used to be in the older generation or even when the later generation was just released. |
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