Lotus UK offloading cars to this non Lotus dealership?

[Man.v.Cars]

44 Emiras/Eletres for sale at this independent UK dealership, another member mentioned his car had been bought back by Lotus and it turned up here.

I appreciate Lotus need to sell the cars somewhere but this is depressing prices for all UK owners. The discount on some of the Eletres is crazy.

https://www.auto100.co.uk/used-car-results.aspx?COGDealerID=7889&COGManufacturer=Lotus&COGModel=Emira

 

[Rudolph]

* * * * *
OMG........crazy........

 

[Nick in Sydney]

During the latest earnings call, Lotus Technology said that during Q4 they would actively clear out their stock of vehicles, including via discounting to wholesalers, so that they can be "clean" and have no discounting in 2025 when they launch the TYP 134.

This overhang of vehicles is mostly just a UK issue. You can see why UK dealers like B&C have terminated their contract with Lotus . . . how the hell do you run a dealership when this is happening?!

 

[seriously]

we’re not seeing this in the US. Maybe a combination of the emira being released earlier in the UK so the buying pool has soaked up demand plus depressed economics impacting high dollar car purchases?

 

[Man.v.Cars]

During the latest earnings call, Lotus Technology said that during Q4 they would actively clear out their stock of vehicles, including via discounting to wholesalers, so that they can be "clean" and have no discounting in 2025 when they launch the TYP 134.

This overhang of vehicles is mostly just a UK issue. You can see why UK dealers like B&C have terminated their contract with Lotus . . . how the hell do you run a dealership when this is happening?!

Agreed on many of the Eletres, but the Emiras are clearly not 'stock' as most have 0000s of miles on.

I wouldn't be surprised if Lotus dealers were offered the cars but they have stock not selling sitting on the forecourt already so refused.

 

[dobber82]

These are priced reasonably!!!! Pretty much every colour combo someone could want! This would have been an unreal place to go and look at when choosing colour!!!

 

[Nick Sticks]

These are priced reasonably!!!! Pretty much every colour combo someone could want! This would have been an unreal place to go and look at when choosing colour!!!

I still haven't seen my colour/specification in the second hand market place including this lot.

 

[Man.v.Cars]

These are priced reasonably!!!! Pretty much every colour combo someone could want! This would have been an unreal place to go and look at when choosing colour!!!

They are but effing up prices for everyone else.

 

[Andy H]

FFS. Almost my exact spec of i4 with minimal mileage and £18K less. My "I don't care, it's a keeper" philosophy is being severely tested now.

 

[Beachbum]

I used Auto100 to buy my Emira about 3 months ago. If there was another dealer with the spec I had wanted and a comparable price, I'd have avoided Auto100 like the plague.