Is it worth waiting for a used Cyberster?

[Barriejames007]

Hey.

Have you been able to get any indication of Insurance companies that will cover you yet?

No not asked as yet

Morning all
Any sign of demonstrator cars at any main dealers yet ? another week as passed just fishing for some news.

Hi John any luck moving on the Mclaren as yet? Ive noticed the rates are 8.9% on the Cyberster

My understanding is that production and imports will be strictly limited.

So if the car is a hit, it may mean high residuals and difficulty getting one second hand. If it is a big hit, people may even pay over list to get one in the short term.

I think this could be a very different MG experience from that which we are used to, so I wouldn't assume large volumes, rapidly declining prices and easy to pick up second hand cars after 6 months.

After PCPs/leases end, 2 or 3 years in, there should be more of a secondhand market. But it depends how long people want to wait.

Totally agree. The demo cars are on lease to the dealers even they cannot be sold on as normal

 

[Miles Roberts CG]

Thank you, i thought Miles posted that last week hence the question.
When it comes to car purchases patience is not one of my strong points ….

We were told end of this week, but it's nearly 10pm on Friday, and no sign as yet ?

 

[GranTurismoEra]

Hi John any luck moving on the Mclaren as yet? Ive noticed the rates are 8.9% on the Cyberster

Where did you hear this from? I thought these were just lease rates

 

[JohnG123]

Hi John any luck moving on the Mclaren as yet? Ive noticed the rates are 8.9% on the Cyberster

I have left it with Thorney motorsport on a sor, a few bits of interest not really concerned as if needs be I will keep it. Definitely getting the Cyberster though. Will probably trade in the wife’s SLK or my Z4 so fortunately will not need to finance it. Not at 8.9% anyway, there are cheaper places to borrow money at the moment.
Guess we are all waiting for the demonstrators now so we can get our test drives booked in.

 

[Barriejames007]

I have left it with Thorney motorsport on a sor, a few bits of interest not really concerned as if needs be I will keep it. Definitely getting the Cyberster though. Will probably trade in the wife’s SLK or my Z4 so fortunately will not need to finance it. Not at 8.9% anyway, there are cheaper places to borrow money at the moment.
Guess we are all waiting for the demonstrators now so we can get our test drives booked in.

Yes its would have been nice not to have to stump up 60k but as you say better to do so than pay 8.9% over 4 years