Jimny prices

As l said some time ago, if they can offer attractive PCP payments (because of high predicted residuals) then the sticker price is irrelevant.

So it could be £35,000 and if the deposit is £5,000 and payments are under £300pm it's going to sell.

  The finance example they're offering alongside it works out a bit more than £300 a month, as attached. 

They also have a pre reg 71 plate gen 4 commercial for the same price. 

Well that kicks my theory into touch. £562 per month!

You'd have to have more money than sense to pay those prices. Although the MGFV is pretty
low at £10,000 so it would be worth buying it at the end, to sell on.

l guess the dealer is just trying it on, hoping someone who's just trousered an inheritance and got money to burn, will bite.

Crickey, that is frightening. I consider myself to be lucky, I placed an order - no deposit - Jimny arrived in 6 months - black, as requested - cost around £20,000, paid cash.

Only downside is the amount of time I spend checking that no one has nicked it!!!. I think I must start parking it in the back garden.

After all, isn't that what gardens are made for

Roger

Well, that was quick! 
​​​​​​Drove past the dealers again this morning and the spot that had the gen4 in it now has a gen3 there @£22980.  2017, 16000 miles, SZ4. 

wrote:

 

The finance example they're offering alongside it works out a bit more than £300 a month, as attached. 

They also have a pre reg 71 plate gen 4 commercial for the same price. 
 

So this is a 2018 SZ4 with 12,000 miles.
Without the final payment, it will cost you £25k over 3 years.
It will then be a 7 year old car with who knows how many miles, but somewhere 25-50k.

Who knows how much it will be worth, I doubt more than £15k.
So you have to pay the final payment of nearly £10k, otherwise it has cost you £25k over 3 years, that is £8k a year.
If you sell it straight away, say get £15k it has still cost you £20k over 3 years, not much better.
So you have to pay the final amount and keep the car long term, just look after it very well.

It doesn't make much sense to me, in 3 years time we might have the hybrid version, which you will be able to buy new for less than this.

Wow, 2019, 15000 miles

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Another factor of these crazy prices for current longer term owners...
This trend has seen my insured value diminishing whilst new prices soar, effectively dropping my cover to a severe deficit of true replacement value which we recently set about to rectify.

We noticed that insurance were understandably diminishing the value of the asset each year, but unreasonably so, and had my car insured for R170,000.00 (just GB 8,616.00) though in the South African market like everywhere else, prices are soaring, and I could likely sell it for more than I paid. Hence, if it were in an accident and totalled, I would lose significantly.

After a few mails back and forth, much debate and some reference trade in quotes from dealers we have now insured it at a guaranteed replacement value of R295,000.00 (GBP 14,951.00, still shy of the new Jimnys) when I paid R260,000.00 (GBP 13,177.00) new back in November 2018.

In short, I've just successfully insured my Gen 4 for R35,000.00 or GBP 1,773.00 MORE than I paid for it due to the current very high prices.

I don't know if the insurance industry is different over there than here but, contrary to my expectations, i was told that they would pay out the replacement value I. E. what it would cost to source an equivalent car (model, year, mileage, etc). I was told this by my insurer and another one, up to a maximum of £75k I think it was. This was regardless of the value declared when I took the policy out. Of course, what insurers say before and after a claim may not be quite the same.

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Prices are falling, not massively but
certainly down from the £28,500 offered by WBAC for ours earlier in the year.

Now down to £25,995

Sunday 13 March, called a main Suzuki dealer about price for a 2022 plate.
When one comes in i can have it for £27500. Are they stupid were going into a recession maybe worse. Got to love these scum.

That is not what I have been told, if you declare a value of £10k and pay a premium based on that value and it is really £20k replacement they aren't going to settle for more than the £10k.