Eric McDonald ordered his Ineos Grenadier 3.0d Fieldmaster in August 2022.
He is still awaiting delivery: “Originally, I was told build would start in February, then in May, and now I’ve been told it will begin this month, in June. I expect it will slip back but, like others who are waiting, I’m not concerned.”
Not even the news that people are jumping the queue by buying nearly new Grenadiers with delivery mileage from independent dealers and online auctions unsettles him.
One that sold recently on Collecting Cars, an online auction company, was, like McDonald’s car, a diesel Fieldmaster with extras and it had just 64 miles on the clock. Registered in 2023, it sold for £73,000. “I paid £64,000 for mine plus a bit more for extras,” said McDonald.
“In November, Ineos put the price up to around £70,000, although not for those cars already ordered. I reckon that by paying £73,000, the person who bought that Fieldmaster has only cut their waiting time for a new one, but it does reassure me that having been tested in the open market, Ineos’s prices would seem to be realistic.”
On that point, not far from where McDonald lives in the Scottish Borders, an independent dealer is advertising a 2023-reg diesel Fieldmaster with 200 miles for £77,995.
Taking the extras fitted to it into account, the price is about £5000 more than a new one costs today. However, assuming its first owner bought it before the price rise, it’s at least £10,000 more expensive.
“The local Ineos dealer is quoting 14 months for delivery of a new one, so I don’t think we’re asking a lot to jump the queue,” said the dealer.
“We’ve sold two Grenadiers. The first took just 48 hours to sell and the second one week. It’s not an ‘overs’ market in the sense you can ask a big premium. People who buy a Grenadier are serious and most have a job for it. It’s not a fashion statement and so they don’t throw their money around.”
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Rolls Royce said they were forbidding purchasers of the new Spectre to immediately sell them for a profit, and had extensively vetted prospective customers, so that they were only selling to people who wouldn't do this.
Tom Hartley said he has already been offered a few by those early bird customers. Should a manufacturer really be able to dictate what a customer does with their own property?
A car maker can setup whatever contract of sale it wants. It's then up customers whether they are happy with it. If not, they can decline.
If customers accept and the contract dictates matters around resale, then clearly yes manufacturers can dictate. Again, the key point here is that nobody is forced to agree to any contractual conditions. If they don't like them, they don't have to buy the car.
It's called not waiting, paying over the odds just to have your choice quicker to possibly sell on for even more in a few months to some other person who like you is prepared to shell out even more, I could go on but we know what I'm driving at.