Gold FFM TomE Posted January 26 Gold FFM Report Share Posted January 26 1 hour ago, Mctaff said: So put up the price of the car, don’t gouge me on OTR costs! I agree they have a cost challenge - don’t we all with rampant inflation - but making me feel like I’m getting ripped off, on something as relatively small as this, feels like a poorly thought through decision. Careful what you wish for! Materials costs have increased 7% and labour 5%, so that could add a £5k inflation-justified hike on the V6 FE. So far none of us have signed an order or contract at an agreed price. We’ve just paid a deposit to be in a queue to make an order. In theory Lotus could still change the price until 30 days before first June delivery, when the contract is signed. It would seem suicidal if they did increase it but holding the published prices for all of 2022 production in the current climate must be tricky. Quote Link to comment Share on other sites More sharing options...
Emiralust Posted January 26 Report Share Posted January 26 Ideally I would like to see a choice to collect from factory and no valet as I am in Norwich a lot and my car is going straight to single stage polish/ceramic coat. If I had the choice to not pay for the delivery or the valet that would be much appreciated. I don't mind if the collection is nothing fancy either if it saves me a decent amount of money, I can see the factory/track another day I do understand this is a big operation though and there is a logistical cost to everything including specifically saying this one car is not to be valeted and is being collected from here 1 Quote Link to comment Share on other sites More sharing options...
Emiralust Posted January 26 Report Share Posted January 26 18 minutes ago, TomE said: Careful what you wish for! Materials costs have increased 7% and labour 5%, so that could add a £5k inflation-justified hike on the V6 FE. So far none of us have signed an order or contract at an agreed price. We’ve just paid a deposit to be in a queue to make an order. In theory Lotus could still change the price until 30 days before first June delivery, when the contract is signed. It would seem suicidal if they did increase it but holding the published prices for all of 2022 production in the current climate must be tricky. For me personally I'm that guy they caught with their £60k price carrot in July, which in reality obviously was going to be £75k which is £80k OTR which I justified with my man maths, if it went up again I would probably have to leave it 2 Quote Link to comment Share on other sites More sharing options...
bbpxbbpx Posted January 26 Report Share Posted January 26 I agree with @Emiralustthat having the option to not valet and pick up directly from factory with a lower OTR would be a great outcome. Can anyone share how much Lotus or its dealers used to charge for OTR? Existing Lotus owners seem to be reluctant to share that figure. 1 Quote Link to comment Share on other sites More sharing options...
Gold FFM TomE Posted January 26 Gold FFM Report Share Posted January 26 2 hours ago, Emiralust said: Ideally I would like to see a choice to collect from factory and no valet as I am in Norwich a lot and my car is going straight to single stage polish/ceramic coat. If I had the choice to not pay for the delivery or the valet that would be much appreciated. I don't mind if the collection is nothing fancy either if it saves me a decent amount of money, I can see the factory/track another day I do understand this is a big operation though and there is a logistical cost to everything including specifically saying this one car is not to be valeted and is being collected from here They are actively looking at collect from factory as an option. Ade and I were asked for our thoughts last week during our visit. I get a sense they are considering a couple of options. One would be a straightforward handover like you'd get at a dealer, with full instruction on the controls and infotainment etc then wave you off. The second would be more of an experience, with potentially a tour of the factory (and maybe CTL too) plus some track time. Nothing finalised yet but I'd hope a basic collect and drive is offered. 2 hours ago, Emiralust said: For me personally I'm that guy they caught with their £60k price carrot in July, which in reality obviously was going to be £75k which is £80k OTR which I justified with my man maths, if it went up again I would probably have to leave it We can all guess they are having a tough challenge on pricing the i4 FE and Base Editions/options. Those prices will be for cars delivered in late 2022/early 2023. A lot depends on how they've negotiated their supply agreements and how those were structured to take account of unexpectedly high demands. We already know the demand has created a problem on supply of TDC marked steering wheels. We'll know more in 2-3 months when they announce all the pricing. 2 hours ago, bbpxbbpx said: I agree with @Emiralustthat having the option to not valet and pick up directly from factory with a lower OTR would be a great outcome. Can anyone share how much Lotus or its dealers used to charge for OTR? Existing Lotus owners seem to be reluctant to share that figure. I'm not sure anyone is being reluctant, just no one has responded yet to a question posted 12 hours ago. I have never bought a new Lotus, only nearly new, so can't comment on previous OTR charges. Hopefully someone will pop along soon and share their experience. Quote Link to comment Share on other sites More sharing options...
Popular Post stephenwhyte Posted January 26 Popular Post Report Share Posted January 26 2 hours ago, bbpxbbpx said: I agree with @Emiralustthat having the option to not valet and pick up directly from factory with a lower OTR would be a great outcome. Can anyone share how much Lotus or its dealers used to charge for OTR? Existing Lotus owners seem to be reluctant to share that figure. I bought my Exige in 2018 and here are the associated delivery & OTR costs. This put the car cost at over £81k. Hope that helps you. 1 2 Quote Link to comment Share on other sites More sharing options...
Gold FFM TomE Posted January 26 Gold FFM Report Share Posted January 26 I think the Emira £1,045 figure includes the first registration fee (not the year 1 road tax) and that's £55, so apples to apples would be £925 + £1,700 for your Exige. Quote Link to comment Share on other sites More sharing options...
bbpxbbpx Posted January 26 Report Share Posted January 26 In this case, maybe Lotus hasn't done anything differently on OTR for Emira. It is just done differently in this marquee. Apologise for my ignorance. As Lotus tries to attract people from other marquees, it helps to have the cost layout upfront to avoid surprises. The OTR cost has nothing to do with the type approval so perhaps can be shared earlier. I still think that having the option to not valet and collect from factory at a reduced OTR will enhance the buying experience. Quote Link to comment Share on other sites More sharing options...
E1M2I3R4A Posted January 26 Author Report Share Posted January 26 35 minutes ago, TomE said: I think the Emira £1,045 figure includes the first registration fee (not the year 1 road tax) and that's £55, so apples to apples would be £925 + £1,700 for your Exige. Small beer but looks like £55 reg fee is separate to £1,045, so overall means 20% increase over 4 years which I guess is not unreasonable given what’s happened in those 4 years. Unless you’d expect economies of scale to impact cost per car. 5% overall price hike would indeed be a lot more painful! 1 Quote Link to comment Share on other sites More sharing options...
KJD Posted January 26 Report Share Posted January 26 On-the-road Costs Includes delivery to a Lotus Agent for your collection, or delivery to your home address or place of work in the UK, cost of number plates, a full tank of fuel, pre-delivery inspection and valet. £1,045 Road Fund Licence £1,910 Registration Fee £55 £3010 total for “extras” Quote Link to comment Share on other sites More sharing options...
Gold FFM Popular Post C8RKH Posted January 26 Gold FFM Popular Post Report Share Posted January 26 RFL is not an "extra" and nothing to do with Lotus really - it goes straight to the Government and is a Tax. End of. As has been said above, Lotus and her agents are just acting as unpaid tax collectors for this and the VAT on the car. Can't believe the level of nit picking going on here, if it's a ball breaker and you really need to save a few hundred quid then go and buy something cheaper from somewhere else lol. You're talking about less than the price of a good weekend away. 9 1 Quote Alcohol. Sex. Tobacco. Drugs. Chocolate. Meh! NOTHING in this world is as addictive as an Evora +0. It's not for babies! The first guy to ride a bull for fun, was a true hero. The second man to follow him was truly nuts! Link to comment Share on other sites More sharing options...
Popular Post LotusLeftLotusRight Posted January 26 Popular Post Report Share Posted January 26 Quite right. You may as well take advantage of that weekend away and ask Lotus to deliver your shiny new Emira to a hotel at Land’s End or John o’ Groats. At least you’ll be getting your money’s worth on delivery! 3 1 2 Quote Link to comment Share on other sites More sharing options...
Gold FFM MJON Posted January 26 Gold FFM Report Share Posted January 26 Got to smile when reading comments like “Day Light Robbery, Ripped Off and Profiteering” somewhat OTT. I seriously doubt that Lotus will actually be making anything on their first years full production and maybe longer. Even without them (as all other manufacturers) knowing of the increased costs coming their way. It will be really difficult to stick within a 2021 published starting price of under £60k and wouldn’t at all be surprised if the FE i4 price will be closer to the V6 than anticipated. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post KJD Posted January 26 Popular Post Report Share Posted January 26 2 hours ago, KJD said: On-the-road Costs Includes delivery to a Lotus Agent for your collection, or delivery to your home address or place of work in the UK, cost of number plates, a full tank of fuel, pre-delivery inspection and valet. £1,045 Road Fund Licence £1,910 Registration Fee £55 £3010 total for “extras” I’m not moaning or nit-picking at all. This stuff is “extra” to the quoted price of the car, but all perfectly normal. Just putting it here as there seemed to be some confusion. 3 Quote Link to comment Share on other sites More sharing options...
Gold FFM MJON Posted January 26 Gold FFM Report Share Posted January 26 19 hours ago, bbpxbbpx said: Porsche charges nothing to prepare the new car and offer half day experience for free at the Porsche experience centre at Silverstone. I’ve heard it all now “Porsche charges nothing” Porsche are the most profitable ( by unit sold ) car company in the world. Porsche GB just choose to wrap the prep/delivery and Silverstone costs within the published retail dealer price and they show the OTR separately. Whereas some manufacturers include the full OTR price. Three different approaches but all certainly charge it. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Mctaff Posted January 26 Popular Post Report Share Posted January 26 57 minutes ago, MJON said: Got to smile when reading comments like “Day Light Robbery, Ripped Off and Profiteering” somewhat OTT. "I'm ever so slightly miffed off at paying double the actual cost for delivery and a quick vacuum" ... better? 😁 3 Quote Link to comment Share on other sites More sharing options...
Popular Post E1M2I3R4A Posted January 26 Author Popular Post Report Share Posted January 26 36 minutes ago, C8RKH said: RFL is not an "extra" and nothing to do with Lotus really - it goes straight to the Government and is a Tax. End of. As has been said above, Lotus and her agents are just acting as unpaid tax collectors for this and the VAT on the car. Can't believe the level of nit picking going on here, if it's a ball breaker and you really need to save a few hundred quid then go and buy something cheaper from somewhere else lol. You're talking about less than the price of a good weekend away. 53 minutes ago, MJON said: Got to smile when reading comments like “Day Light Robbery, Ripped Off and Profiteering” somewhat OTT. I seriously doubt that Lotus will actually be making anything on their first years full production and maybe longer. Even without them (as all other manufacturers) knowing of the increased costs coming their way. It will be really difficult to stick within a 2021 published starting price of under £60k and wouldn’t at all be surprised if the FE i4 price will be closer to the V6 than anticipated. My bad for starting this topic! Was just surprised by cost versus other new cars I’ve bought (which admittedly is small pool to compare with - and one of them didn’t need petrol). As I’ve said before, I think the car is well/under priced in the current market and need to look at overall cost and what we are getting, which looks fantastic. Like you I do think sticking to £60k for what is likely to be the volume car, is going to be very hard to achieve and be profitable. 4 Quote Link to comment Share on other sites More sharing options...
Popular Post Mctaff Posted January 26 Popular Post Report Share Posted January 26 Nothing bad about starting the topic; it seems perfectly reasonable to explore it in a semi-hysterical manner to me 🙄 The car feels very well priced. The OTR charges do not. Seems natural for us to express how we feel about that. Or perhaps don’t feel about it. 4 Quote Link to comment Share on other sites More sharing options...
simonb Posted January 27 Report Share Posted January 27 I see it as no more than a correction to inflation being way over 5%. Looks like Lotus may want to shift a few £60K Emiras before hiking the price 1 Quote Link to comment Share on other sites More sharing options...
Matt W Posted January 29 Report Share Posted January 29 On 26/01/2022 at 01:08, bbpxbbpx said: For those who has experience buying new from Lotus, was OTR always charged separately and not included with the listed price? Yes it was always separate on an Exige, and I got just 1/4 tank of fuel... 1 1 Quote Link to comment Share on other sites More sharing options...
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