Seven out of only 20 Lamborghini Reventons ever built are currently up for sale on the JamesList website in the US.
A quick search of the site this morning returned cars being advertised from Germany, Dubai and the US, with asking prices from €1.25m to €1.5m suggesting owners are not making the investment returns they might have expected when the super-exclusive 211mph supercars were first revealed back in 2007. The price tag then was a cool €1m plus taxes.
So is this flurry of activity at the top end of the market a sign that the supercar bubble has burst? As late as last September demand for the ultimate in exotic exclusivity meant one Reventon was snapped up via an eBay advert for a reported $2.5m. With seven on the market now – that we know about – are investors attempting to get out while the going is good?
According to Tom Hartley Snr, the self-styled ‘ultimate name in luxury and performance cars’ here in the UK, there’s no question that top-end values have been hit.
‘The supercar bubble has burst and values are definitely down since the good times of 18 months ago. Cars like the Reventon are really toys for the investors. With the yachts they’re the first thing to go – and this is just a demonstration of that,’ he told PH.