DHA Posted May 8, 2006 Report Share Posted May 8, 2006 How big a risk is having a £60,000 residual payment on a Lamborghini Gallardo which would be 3 years olf at the end of the agreement? Link to comment Share on other sites More sharing options...
Mook Posted May 8, 2006 Report Share Posted May 8, 2006 Effing enormous! What are 3 year old Gallardos worth today? Link to comment Share on other sites More sharing options...
DHA Posted May 8, 2006 Author Report Share Posted May 8, 2006 54 plates for sale between £74-£80K. However what the trade value would be is another question.... Link to comment Share on other sites More sharing options...
Calm Chris Posted May 8, 2006 Report Share Posted May 8, 2006 and 54 plate makes it much less than 3 years old. I'd suggest £10k needed from pocket, maybe more if the car has more than 25k miles and is less than a minter 3 years on. Link to comment Share on other sites More sharing options...
NewNiceMrMe Posted May 8, 2006 Report Share Posted May 8, 2006 I don't see the problem if these type of schemes are your thing. A 3 year old Gallardo is easily going to be worth £60k IMO and if it's on one of these GMFV schemes then it's not a problem anyway, is it? Link to comment Share on other sites More sharing options...
Chav Posted May 8, 2006 Report Share Posted May 8, 2006 Agreed. Not much risk!! ...and they don't offer GFMV's that aren't attainable as the car is their security! Make sure you get GAP insurance though... just in case the worst happens! Link to comment Share on other sites More sharing options...
DHA Posted May 8, 2006 Author Report Share Posted May 8, 2006 Always have GAP now Link to comment Share on other sites More sharing options...
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