UK supercar availability 1 year after lockdown
Discussion
Cheib said:
Some interesting numbers OP...in the case of McLaren there’s been a publicly stated policy of refusing inventory at dealers but overall there’s a clear trend. I suppose some of it is explained by less cars being made but without a doubt people are buying cars because they are something you can enjoy in these strange times we’re in. I also think there are hints of people buying cars as investments again....I know of one occasion recently where the same buyer bought two examples of the same model. One to use and one to keep...or maybe both to keep. Don’t think that’s the case with say a 488 Spider but older are I can see it...zero rates and people are worried about inflation
Talking of interesting numbers, unless I'm missing something there are zero F430's for sale on Autotrader unless you're after a Scud.RichardAP said:
R8Reece said:
Talking of interesting numbers, unless I'm missing something there are zero F430's for sale on Autotrader unless you're after a Scud.
Might want to reset your search, I got 56 come up a moment agoThanks for the correction.
jtremlett said:
I only track Ferraris but I have noticed a massive reduction in sales listing (not just in the UK). It seems counter-intuitive because many businesses have been unable to operate so you might have expected more sellers. I'm still wondering if that is yet to come but for now I guess people, having been restricted in so many things, are thinking that they want to enjoy themselves again when they can and for car enthusiasts that means having a nice car to do it with.
Could it be that Ferrari owners don't have their heads in the sand, and are simply keeping hold of their cars as an investment?By that I mean a 2021 812 Superfast has a top speed of 211 MPH. The 2022 models will have their top speed limited by the ISA system.
Which will be more valuable in the future?
I’ve been looking to upgrade to a V12V or a DBS / Vanquish.
Dealers were saying stock is hard to get hold of and / or sold instantly.
People looking to holiday in the UK and want a nice car to do it.
People will be looking at holiday destinations they drive to as opposed to fly, minimise CV risk by using the ferry / train, etc.
A bit of the YOLO effect.
That was from a few chats I had, nothing to do with EV or Hybrids was mentioned.
Dealers were saying stock is hard to get hold of and / or sold instantly.
People looking to holiday in the UK and want a nice car to do it.
People will be looking at holiday destinations they drive to as opposed to fly, minimise CV risk by using the ferry / train, etc.
A bit of the YOLO effect.
That was from a few chats I had, nothing to do with EV or Hybrids was mentioned.
OldAndTired said:
Premature but it does make you think.
Kia (yes Kia) have just released an SUV E6 GT - at roughly 58k that will do 0-60 in 3.5secs!
I do think in 5 years time us supercar drivers are going to look quite foolish in our 150k plus penis extenders when every family saloon/hatchback/SUV can match us or mostly beat us off the line. I understand that a proper supercar will beat them on a track but the reality is most owners never track their cars.
It’s going to be a very interesting psychological test of human beings. When I bought my first Lambo it was genuinely faster than almost everything on the road. It had a reason to exist. Now I’m not so sure.
I hate myself. But that Kia SUV looks better than the URUS and is at least 1/3 of the price, and outperforms it!
My son has absolutely no interest in supercars. He only wants an EV, but one that will outperform a Ferrari/Lambo.
Are we all going to be looking like the dicks we have been accused of? Maybe they will be right.
Speed doesn't make a supercar though, it's the event.Kia (yes Kia) have just released an SUV E6 GT - at roughly 58k that will do 0-60 in 3.5secs!
I do think in 5 years time us supercar drivers are going to look quite foolish in our 150k plus penis extenders when every family saloon/hatchback/SUV can match us or mostly beat us off the line. I understand that a proper supercar will beat them on a track but the reality is most owners never track their cars.
It’s going to be a very interesting psychological test of human beings. When I bought my first Lambo it was genuinely faster than almost everything on the road. It had a reason to exist. Now I’m not so sure.
I hate myself. But that Kia SUV looks better than the URUS and is at least 1/3 of the price, and outperforms it!
My son has absolutely no interest in supercars. He only wants an EV, but one that will outperform a Ferrari/Lambo.
Are we all going to be looking like the dicks we have been accused of? Maybe they will be right.
Which is why for example the Nissan GTR is not regarded as a supercar by most.
MDL111 said:
Speaking from my own experience only - I am holding on to my cars as long as I can because I know I will pretty much get a distressed price at the moment. I would most likely sell if I were able to at a reasonable price, at some point I will have to sell at any price though - just hoping it doesn't come to that.
It’s the opposite at the moment, prices very inflated due to restricted supply. If selling do so now. Interesting thread. From my own experience I have sold two cars during the lock down period (not super cars - one modern and one classic) I sort of predicted that it would go on for longer than a year, however both of these sales essentially told me that good used cars are scarce and some traders are willing to pay more than the usual trade price to get in stock so worked well for me.
I sort have saved myself a bunch of cash on running costs etc..It just felt like a waste having cars on the drive/storage not being used, no car shows or fun road trips. I think for many this pandemic has made people rethink their situations and potentially consolidate.
I am in no doubt that once summer unlocks our freedoms, when the good weather comes, the market will heat up further. Spoke to a local Porsche independent yesterday and they said the market is crazy busy with all the spare cash burning holes in pockets
G
I sort have saved myself a bunch of cash on running costs etc..It just felt like a waste having cars on the drive/storage not being used, no car shows or fun road trips. I think for many this pandemic has made people rethink their situations and potentially consolidate.
I am in no doubt that once summer unlocks our freedoms, when the good weather comes, the market will heat up further. Spoke to a local Porsche independent yesterday and they said the market is crazy busy with all the spare cash burning holes in pockets
G
I like the idea of having an electric car but I like convertibles and most EVs seem to be family 4 door cars. I don’t have kids so just want a 2 seater. As soon as there is an electric 911 or portofino I’ll be putting my name down for one. But there may be other fun cabs - maybe an electric BMW M4 cab, Audi electric RS5 cab ? But in the meantime they all seem to be ‘family’ cars and that is not what I want . .
R8Reece said:
RichardAP said:
R8Reece said:
Talking of interesting numbers, unless I'm missing something there are zero F430's for sale on Autotrader unless you're after a Scud.
Might want to reset your search, I got 56 come up a moment agoThanks for the correction.
bennno said:
MDL111 said:
Speaking from my own experience only - I am holding on to my cars as long as I can because I know I will pretty much get a distressed price at the moment. I would most likely sell if I were able to at a reasonable price, at some point I will have to sell at any price though - just hoping it doesn't come to that.
It’s the opposite at the moment, prices very inflated due to restricted supply. If selling do so now. . I promised myself in c 2011 to not sell a car again until I retire - we will see if I can stick to that plan I think the situation is very odd at the moment.
There is definitely restricted supply - at least for some cars. There have been threads on here - and other places - that suggest quite a few people are looking for 650s. If I wanted shot of mine, I get the impression I could sell it quite easily - certainly far easier than I thought it would be when I bought it.
On the other hand - I don't think that is reflected in the prices. I've seen a few 650s for sale - and sold - recently which are cheaper than I thought they'd be.
To me, it seems like a very odd situation of restricted supply - but prices still dropping.
There is definitely restricted supply - at least for some cars. There have been threads on here - and other places - that suggest quite a few people are looking for 650s. If I wanted shot of mine, I get the impression I could sell it quite easily - certainly far easier than I thought it would be when I bought it.
On the other hand - I don't think that is reflected in the prices. I've seen a few 650s for sale - and sold - recently which are cheaper than I thought they'd be.
To me, it seems like a very odd situation of restricted supply - but prices still dropping.
When I bought my Cali T about 2 months ago I wanted to spend 90 - 100k on a good used one. I thought I made good offers on a few cars - max 5% off - cash sale, no warranty etc etc but most traders weren’t interested. I did a deal eventually and got about 3% off. All the other California T s are still for sale and the stock on websites hasn’t changed for 6 months - pretty much the same for the portofino. I think people are just hanging on to see what happens post covid , post brexit and post winter ( in case of the cabriolets ). I also get the impression that if you buy cash you are not as attractive a customer than you would be getting finance from a dealer due to their commission on this too. My other point personally is that generally the ftse has been on its arse for the last year so the longer you put off buying a supercar, the more you are likely to make short term on the ftse ( as I believe a lot of supercar buyers will have money in stocks too) just my opinion and purely a guess !
swanseaboydan said:
When I bought my Cali T about 2 months ago I wanted to spend 90 - 100k on a good used one. I thought I made good offers on a few cars - max 5% off - cash sale, no warranty etc etc but most traders weren’t interested. I did a deal eventually and got about 3% off. All the other California T s are still for sale and the stock on websites hasn’t changed for 6 months - pretty much the same for the portofino. I think people are just hanging on to see what happens post covid , post brexit and post winter ( in case of the cabriolets ). I also get the impression that if you buy cash you are not as attractive a customer than you would be getting finance from a dealer due to their commission on this too. My other point personally is that generally the ftse has been on its arse for the last year so the longer you put off buying a supercar, the more you are likely to make short term on the ftse ( as I believe a lot of supercar buyers will have money in stocks too) just my opinion and purely a guess !
I think this makes sense. I used to think that cash was king when buying but the dealers like to make money there with finance too. Some dealers (independents) are happy with smaller margins and quick turn on stock .. main dealers seem to look for high margins to pay for the long periods of time they seem to hold cars for. Don’t think dealers have to worry about holding on to cars too long from my experience.
The last 10 days has been madness from what I’ve seen. I’ve enquired and started negotiating on three different 812’s, all of which have been sold before negotiations could even be opened. I’ve taken this as a sign that it’s not meant to be at the moment as I’m sure things will calm down in a few months once the cabin fever spending has worn off. Good news is the bids on my car have been very strong and all the dealers were desperate for quality stock.
The last 10 days has been madness from what I’ve seen. I’ve enquired and started negotiating on three different 812’s, all of which have been sold before negotiations could even be opened. I’ve taken this as a sign that it’s not meant to be at the moment as I’m sure things will calm down in a few months once the cabin fever spending has worn off. Good news is the bids on my car have been very strong and all the dealers were desperate for quality stock.
Gassing Station | Supercar General | Top of Page | What's New | My Stuff