STO 50K Over

What's your goal?

I’d wait. I just hate being taken advantage of.

Can't really see STO going down too much especially in the long term. Current vibe is its definitely the hero of the H cars including technica.

STOs are sitting and going lower each week. If the owner is desperate, he’ll take MSRP and be grateful. Winter is here, STO isn’t going to be doing much and the nonsense market is equalizing very quickly.

Gotta love the classic "selling to make room" anyone that has hundred thousand dollar cars can afford a lift.

I agree STO will not crash like many anticipate. Cars don't come back down to normal pricing after inflation. Pricing is the new norm.

ClickClackShift said:

Gotta love the classic "selling to make room" anyone that has hundred thousand dollar cars can afford a lift.

I agree STO will not crash like many anticipate. Cars don't come back down to normal pricing after inflation. Pricing is the new norm.

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yep, as long as we have elevated inflation, prices must remain higher, i doubt we’ll see some massive crash in the STO market

Jy3232 said:

My dealer just called me saying that they have a 22 STO with 500 miles for 50k over. Msrp is 412k, so it would make it 462k. A week prior they sent me the same car at 100k over but now they are saying the car is on consignment and the owner needs to make room in his garage and wants to sell quick. Smart move? or wait it out to see where things go. I got screwed on a G63 and don't want to make the same mistake. I know these cars are more limited, should the market for them stay stronger?

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I wouldn’t pay over msrp.. period.

1) that’s a good deal on STO
2) go for it if you want an STO
3) there shouldn’t be many distress sales of STO (the lease residual % is very high and existing owners monthly payment is low )
4) maybe not applicable because it’s on consignment vs dealer owned and below market value but a big advantage of buying above market price through a franchised dealer is that one can parlay this to getting future in demand cars or getting them sooner vs other customers in the future (discuss this with dealer when negotiating ) .

It just depends on how bad you want the car. I just can’t see it. If it was a new 2023 maybe.

The STO is the weakest of the Lamborghini lineup in terms of used pricing vs MSRP. You can buy a lightly used 2022 STO at Lamborghini Seattle at not even $20K over sticker there now. There is a very high spec green one there.

Jy3232 said:

A week prior they sent me the same car at 100k over

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Depends how bad you want it. There are quite a few for sale.
Just wait another week or 2 and offer $20K over if you really want it. Or better still offer sticker price and see what happens. From there you can always negotiate up to 15 -20K over....

RayVegas said:

The STO is the weakest of the Lamborghini lineup in terms of used pricing vs MSRP. You can buy a lightly used 2022 STO at Lamborghini Seattle at not even $20K over sticker there now. There is a very high spec green one there.

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Is that the one with the light blue contrast? If so, the spec is affecting the price - not the car.

bobz said:

Is that the one with the light blue contrast? If so, the spec is affecting the price - not the car.

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Yes. But if you go to Cargurus and see the price history of many of the listed STOs, they’re in freefall. Inventory has doubled and prices have dropped about $75K or so in 5 months. I know because I wholesaled mine a while back for higher than current retail asking for a similar car.

WAIT, 50K over on a used STO,..... No way, in this market.

RayVegas said:

The STO is the weakest of the Lamborghini lineup in terms of used pricing vs MSRP. You can buy a lightly used 2022 STO at Lamborghini Seattle at not even $20K over sticker there now. There is a very high spec green one there.

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It’s gone..

ClickClackShift said:

Gotta love the classic "selling to make room" anyone that has hundred thousand dollar cars can afford a lift.

I agree STO will not crash like many anticipate. Cars don't come back down to normal pricing after inflation. Pricing is the new norm.

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I sell to make room often. I also have a lift, but I typically want to sell one thing for another. Example, selling my 2022 evo as I have a tecnica coming. Not unusual at all.

Lambo18Feb said:

It’s gone..

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I’m not surprised. It was priced right. If you include full PPF, that car was only $10K over sticker or so.

RayVegas said:

I’m not surprised. It was priced right. If you include full PPF, that car was only $10K over sticker or so.

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Yeah price was right but msrp was too high.. buyer went overboard .

Lambo18Feb said:

Yeah price was right but msrp was too high.. buyer went overboard .

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Yup. But still way better than the super basic ones at like $450K with $360K stickers. Those should, and will be
at $400-420K soon