'08 Exige Pricing - LotusTalk - The Lotus Cars Community
 
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post #1 of 10 (permalink) Old 01-25-2009, 07:01 AM Thread Starter
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'08 Exige Pricing

I'll start actively shopping for an Exige in the next few weeks. With the economy in the toilet, the credit market tight and 09s on the way, any thoughts about what kind of discount from the approx. $70K MSRP on a new '08 I can reasonably hope for?

Informed opinions are appreciated, although half-baked speculation will also be considered.

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post #2 of 10 (permalink) Old 01-25-2009, 07:18 AM
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Originally Posted by Gweilo View Post
I'll start actively shopping for an Exige in the next few weeks. With the economy in the toilet, the credit market tight and 09s on the way, any thoughts about what kind of discount from the approx. $70K MSRP I can reasonable hope for?

Informed opinions are appreciated, although half-baked speculation will also be considered.
'09's being on the way will probably have little/no impact. Most dealers probably won't order any for inventory...most will be by order only.

As for '08's, you can get discounts on the leftovers, which they all are. It really all depends on how motivated the dealer is to get it/them out of inventory.

Don't know that it's comparable, last summer I got a leftover 07 S, brand new, from a dealer for about 25% off MSRP, and got a stage II and first service thrown in. That dealer has no leftover 08 Exiges, and does have a couple 08 Elise's, I believe.

You probably can't get too picky on color/options if you want them to deal, taking what's on the lot will always get you the biggest concessions. Otherwise your dealer will have to do some horsetrading with other dealers to find you a car you want.

good luck!

Owned, loved, enjoyed, and now gone:
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2006 Exige Graphite Grey
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post #3 of 10 (permalink) Old 01-25-2009, 08:49 AM
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Yea - tough question.

lotusforsale has a good point. I doubt too many dealers will actually order 09s, which in my opinion will begin to make these cars rare (any year) and finally perhaps stabilize the falling prices.

240S Chrome Orange EXIGE - Sold
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post #4 of 10 (permalink) Old 01-25-2009, 09:37 AM Thread Starter
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Originally Posted by lotusforsale View Post
last summer I got a leftover 07 S, brand new, from a dealer for about 25% off MSRP, and got a stage II and first service thrown in.
That's helpful. The car I'm interested in has been sitting on an east coast dealer's lot for months, along with two others, so presumably they're motivated. A 25% markdown, if attainable, is nothing to sneeze at.

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post #5 of 10 (permalink) Old 02-27-2009, 02:34 PM
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25% of msrp last summer. Was this really late summer.

Its hard to believe you bought a NEW 07 for $48k-52k.

If you did kudos. Thats one helluva of a deal.

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post #6 of 10 (permalink) Old 02-27-2009, 04:27 PM
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Originally Posted by Bgwilly31 View Post
25% of msrp last summer. Was this really late summer.

Its hard to believe you bought a NEW 07 for $48k-52k.

If you did kudos. Thats one helluva of a deal.
Indeed, it was a helluva deal.

Owned, loved, enjoyed, and now gone:
1969 Europa S2 Blue
1970 Europa S2 White
1974 Europa Twin Cam Blue
1974 Europa Twin Cam Blue
1984 Turbo Esprit Calypso Red
2005 Elise Starlight Black
2005 Elise Saffron Yellow
2005 Elise Ardent Red
2006 Exige Graphite Grey
2007 Exige Canyon Red

Other:
1970 MGB GT
1970 Datsun 510
1984 Honda CRX Si
1984 Pontiac Fiero
2004 Chrysler Crossfire
2009 Pontiac Solstice Coupe
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post #7 of 10 (permalink) Old 02-28-2009, 08:31 PM
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Look for private sellers, especially sellers in this mess (no back seat in Lotus for one of these):

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post #8 of 10 (permalink) Old 03-01-2009, 01:00 AM
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Quote:
Originally Posted by Gweilo View Post
With the economy in the toilet, the credit market tight and 09s on the way, any thoughts about what kind of discount from the approx. $70K MSRP on a new '08 I can reasonably hope for?
...i doubt you can expect to pay much below MSRP for a new exige unless the dealer's desperate and willing to take a loss; 2009 S240s are invoicing for not much less than that...

2005 Federal Elise | Touring | Storm Titanium
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post #9 of 10 (permalink) Old 04-15-2009, 10:12 PM
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Quote:
Originally Posted by Gweilo View Post
I'll start actively shopping for an Exige in the next few weeks. With the economy in the toilet, the credit market tight and 09s on the way, any thoughts about what kind of discount from the approx. $70K MSRP on a new '08 I can reasonably hope for?

Informed opinions are appreciated, although half-baked speculation will also be considered.
I have 2 Exige S240's at my dealership, Boardwalk Lotus in Redwood City CA, that are still available. Storm Titanium, Phantom Black. Both equipped with the same options. If you are interested in getting one of these i have left, shoot me an email.

Sebastian Pereira
Boardwalk Lotus
650.520.9466
[email protected]
post #10 of 10 (permalink) Old 04-16-2009, 10:26 AM
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Originally Posted by Stormy320 View Post
Yea - tough question.

lotusforsale has a good point. I doubt too many dealers will actually order 09s, which in my opinion will begin to make these cars rare (any year) and finally perhaps stabilize the falling prices.

I hear that all the time... when were the prices unstable? That's what new car's do, depreciate.
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