New car £6k more than I paid

[cymrukid]

I bought a MG5 Trophy in September. Having negotiated with a local dealer and bartering with a Carwow quote of £21,500 I got the car for £22,000.

Curiosity got the better of me yesterday and I revisited Carwow and was amazed to see the lowest price (same car) was now £28,500. Others were north of £30k.

With press speculation of crashing electric car prices, did I get a good deal in September and why has the price increased so much?

 

[kevin ellard]

I bought a MG5 Trophy in September. Having negotiated with a local dealer and bartering with a Carwow quote of £21,500 I got the car for £22,000.

Curiosity got the better of me yesterday and I revisited Carwow and was amazed to see the lowest price (same car) was now £28,500. Others were north of £30k.

With press speculation of crashing electric car prices, did I get a good deal in September and why has the price increased so much?

They are not making any more MG5s and I think they have probably sold most of the old stock now. I think if you want an Estate EV you'd be looking at a much more expensive car than the MG. You did get a good deal in September - mainly because you chose the exact right time to buy.

 

[cymrukid]

They are not making any more MG5s and I think they have probably sold most of the old stock now. I think if you want an Estate EV you'd be looking at a much more expensive car than the MG. You did get a good deal in September - mainly because you chose the exact right time to buy.

Interesting. I didn’t know they weren’t making MG5s anymore. Thanks for the information!

 

[smokie]

Yes, you got it cheap, the others are the standard price

 

[cymrukid]

Yes, you got it cheap, the others are the standard price

Last September I could have got it for £21,500 from Stockport and a few other places for slightly more. The dealers have to sell a certain percentage of electric cars each month/year or face fines, so I guess they wanted to shift a few.

 

[Paulie68]

I bought a MG5 Trophy in September. Having negotiated with a local dealer and bartering with a Carwow quote of £21,500 I got the car for £22,000.

Curiosity got the better of me yesterday and I revisited Carwow and was amazed to see the lowest price (same car) was now £28,500. Others were north of £30k.

With press speculation of crashing electric car prices, did I get a good deal in September and why has the price increased so much?

You nearly got the best deal there, but hold my beer, I bought a Trophy with metallic paint for £21k in late November!

But yes, I've noticed the prices are back up now, probably due to the fact there are almost none left to buy new now.

 

[smokie]

Last September I could have got it for £21,500 from Stockport and a few other places for slightly more. The dealers have to sell a certain percentage of electric cars each month/year or face fines, so I guess they wanted to shift a few.

Exactly the same? White were much cheaper than other colours.

I wanted red (to replace my red pre-FL) but missed the boat and ended up with grey which is a nice colour too. Both of those were quite a bit more than white would have been - though even during that offer period the prices did feel like it edged up a little.

 

[cymrukid]

Exactly the same? White were much cheaper than other colours.

I wanted red (to replace my red pre-FL) but missed the boat and ended up with grey which is a nice colour too. Both of those were quite a bit more than white would have been - though even during that offer period the prices did feel like it edged up a little.

Yeah, Piccadilly Blue, exactly the same. I wish we went for red now. It looks a lovely cherry sort of colour, but I'm not too fussed (our other car is brown!)

 

[Muffler]

When I was searching in November it seems a considerable number of dealers were mis-selling advertising all colours at a single price and then adding-on something like £645 premium (can’t recall exact uplift) for any colour other than white. Hemel Hempstead and Bath were exceptions and also agreed to throw-in both the granny & type 2 chargers. Just didn’t realise quite how long the car would have been sat in a field or that all software would be left as how it departed the factory, with zero updates under PDI (even though I’d gotten multiple assurances that full updates were included).