When it comes to making money on a car, you're more likely to turn a profit on a pristine classic than a new car. However, one BMW i8 owner has shown that you can make huge profits on new buy, after selling his hybrid supercar for nearly 50 per cent more than its £95,000 list price.
Enormous demand for BMW's new high-tech coupe has seen one of the first owners to receive their i8 selling it on again with just a few hundred miles on the clock for £140,000, reports Magnitude Finance. Meanwhile BMW has sold out of i8s, with waiting lists standing at 10 months, even at the start of August – several weeks after the car went on sale.
This early i8 owner had one of the first i8s to be delivered, which he received at the end of July and sold on at the start of September.
Director of Magnitude Finance, Tim Marlow, said: "A long-standing client contacted us and said he was desperate to get into one and asked if we'd heard of anyone willing to sell as the dealers had sold out.
"We knew a long-standing client had one on order and when we were preparing a package for his latest car – a Ferrari FF – we casually mentioned it and he said he was willing to sell for the right price.
"The buyer says he is investing in a modern day classic while the seller has made a profit of £45,000 in just over a month.
"They are very rare, there's a limited number on the road and the waiting list is now approaching a year.
"It's certainly a seller's market and some dealers who now have them are pricing them in the region of £150,000 which is serious supercar territory."