Flippin' cars!
Discussion
Seeing as used prices for supercars are becoming quite ridiculous I am beginning to think buying a new car would bear less potential downside to a softening within the market. Porsche owners seem to be pretty good at this but what about the rest? Specifically looking at special editions, how have people faired when being early in a queue for the purpose of running a car for a short period of time with a view to sell it for a profit? Looking at vehicles like 670t, AM GT8/GT12 etc. What about more mainstream, 488, DB11, Huracan?
What were your attitudes to spec? Low/high? Conservative colours or garish special paints?
What were your attitudes to spec? Low/high? Conservative colours or garish special paints?
z4RRSchris said:
you are a bit late to the party
One sign is when there is nearly universal agreement in the general population that things are looking up. Cabbies and your brother-in-law are rushing to buy, fueling the upwards trend. Now, who are they going to sell to?OP, have a read here
JamieBeeston said:
One sign is when there is nearly universal agreement in the general population that things are looking up. Cabbies and your brother-in-law are rushing to buy, fueling the upwards trend. Now, who are they going to sell to?
OP, have a read here
ain't number 4 the truth ! OP, have a read here
JamieBeeston said:
z4RRSchris said:
you are a bit late to the party
One sign is when there is nearly universal agreement in the general population that things are looking up. Cabbies and your brother-in-law are rushing to buy, fueling the upwards trend. Now, who are they going to sell to?OP, have a read here
JamieBeeston said:
z4RRSchris said:
you are a bit late to the party
One sign is when there is nearly universal agreement in the general population that things are looking up. Cabbies and your brother-in-law are rushing to buy, fueling the upwards trend. Now, who are they going to sell to?OP, have a read here
Doppelkupplung said:
JamieBeeston said:
z4RRSchris said:
you are a bit late to the party
One sign is when there is nearly universal agreement in the general population that things are looking up. Cabbies and your brother-in-law are rushing to buy, fueling the upwards trend. Now, who are they going to sell to?OP, have a read here
Need to differentiate between limited like a 991 RS and limited like a F12 tdf or 911 R though imo - one you could buy by pestering multiple Porsche dealers and accepting a late delivery, the other one is - as far as I am aware - unobtainable if you are not a very good / very long standing customer. The 991 RS is already back to close to list or slight premium (LHD) / the tdf/911 R is probably still at 150-300% premium.
Having said that (all LHD) - in 2014/2015 you could buy a 458 Speciale (or just walk into a Ferrari dealership in Germany and order one to your spec) or a 991 GT3 for below list. All iterations of these cars before did depreciate (996/996/Challenge Stradale/Scuderia etc), but usually not as much as your fully spec BMW/Merc would. Even number-limited cars such as 599 GTO and 911 Sport Classic / Speedster were available at below list.
As far as I am aware, only very recently have new cars traded at premiums (since the beginning of the 90s, when I was still way too young to care about prices). If you go back more than 2 years, I am not sure which cars actually never went below list - I think the Enzo and the 599 Aperta, but am having a tough time coming up with others.
I am not sure buying a car that might take 12-18 months until it gets delivered with the main motivation of making money on it is the best idea in today's market. Esp. as without a prior relationship/having lost 100s of thousands on other cars from the same manufacturer, you will probably not get the truly limited cars.
MDL111 said:
in short, at the moment - assuming you can get a limited car from Ferrari or Porsche - it will probably not depreciate significantly / trade for overs.
Need to differentiate between limited like a 991 RS and limited like a F12 tdf or 911 R though imo - one you could buy by pestering multiple Porsche dealers and accepting a late delivery, the other one is - as far as I am aware - unobtainable if you are not a very good / very long standing customer. The 991 RS is already back to close to list or slight premium (LHD) / the tdf/911 R is probably still at 150-300% premium.
Having said that (all LHD) - in 2014/2015 you could buy a 458 Speciale (or just walk into a Ferrari dealership in Germany and order one to your spec) or a 991 GT3 for below list. All iterations of these cars before did depreciate (996/996/Challenge Stradale/Scuderia etc), but usually not as much as your fully spec BMW/Merc would. Even number-limited cars such as 599 GTO and 911 Sport Classic / Speedster were available at below list.
As far as I am aware, only very recently have new cars traded at premiums (since the beginning of the 90s, when I was still way too young to care about prices). If you go back more than 2 years, I am not sure which cars actually never went below list - I think the Enzo and the 599 Aperta, but am having a tough time coming up with others.
I am not sure buying a car that might take 12-18 months until it gets delivered with the main motivation of making money on it is the best idea in today's market. Esp. as without a prior relationship/having lost 100s of thousands on other cars from the same manufacturer, you will probably not get the truly limited cars.
Thanks for your thoughts. Sounds like it's worth a punt if you can get an early allocation. Now just need to decide whether the spec should be conservative or outlandish.Need to differentiate between limited like a 991 RS and limited like a F12 tdf or 911 R though imo - one you could buy by pestering multiple Porsche dealers and accepting a late delivery, the other one is - as far as I am aware - unobtainable if you are not a very good / very long standing customer. The 991 RS is already back to close to list or slight premium (LHD) / the tdf/911 R is probably still at 150-300% premium.
Having said that (all LHD) - in 2014/2015 you could buy a 458 Speciale (or just walk into a Ferrari dealership in Germany and order one to your spec) or a 991 GT3 for below list. All iterations of these cars before did depreciate (996/996/Challenge Stradale/Scuderia etc), but usually not as much as your fully spec BMW/Merc would. Even number-limited cars such as 599 GTO and 911 Sport Classic / Speedster were available at below list.
As far as I am aware, only very recently have new cars traded at premiums (since the beginning of the 90s, when I was still way too young to care about prices). If you go back more than 2 years, I am not sure which cars actually never went below list - I think the Enzo and the 599 Aperta, but am having a tough time coming up with others.
I am not sure buying a car that might take 12-18 months until it gets delivered with the main motivation of making money on it is the best idea in today's market. Esp. as without a prior relationship/having lost 100s of thousands on other cars from the same manufacturer, you will probably not get the truly limited cars.
Doppelkupplung said:
MDL111 said:
in short, at the moment - assuming you can get a limited car from Ferrari or Porsche - it will probably not depreciate significantly / trade for overs.
Need to differentiate between limited like a 991 RS and limited like a F12 tdf or 911 R though imo - one you could buy by pestering multiple Porsche dealers and accepting a late delivery, the other one is - as far as I am aware - unobtainable if you are not a very good / very long standing customer. The 991 RS is already back to close to list or slight premium (LHD) / the tdf/911 R is probably still at 150-300% premium.
Having said that (all LHD) - in 2014/2015 you could buy a 458 Speciale (or just walk into a Ferrari dealership in Germany and order one to your spec) or a 991 GT3 for below list. All iterations of these cars before did depreciate (996/996/Challenge Stradale/Scuderia etc), but usually not as much as your fully spec BMW/Merc would. Even number-limited cars such as 599 GTO and 911 Sport Classic / Speedster were available at below list.
As far as I am aware, only very recently have new cars traded at premiums (since the beginning of the 90s, when I was still way too young to care about prices). If you go back more than 2 years, I am not sure which cars actually never went below list - I think the Enzo and the 599 Aperta, but am having a tough time coming up with others.
I am not sure buying a car that might take 12-18 months until it gets delivered with the main motivation of making money on it is the best idea in today's market. Esp. as without a prior relationship/having lost 100s of thousands on other cars from the same manufacturer, you will probably not get the truly limited cars.
Thanks for your thoughts. Sounds like it's worth a punt if you can get an early allocation. Now just need to decide whether the spec should be conservative or outlandish.Need to differentiate between limited like a 991 RS and limited like a F12 tdf or 911 R though imo - one you could buy by pestering multiple Porsche dealers and accepting a late delivery, the other one is - as far as I am aware - unobtainable if you are not a very good / very long standing customer. The 991 RS is already back to close to list or slight premium (LHD) / the tdf/911 R is probably still at 150-300% premium.
Having said that (all LHD) - in 2014/2015 you could buy a 458 Speciale (or just walk into a Ferrari dealership in Germany and order one to your spec) or a 991 GT3 for below list. All iterations of these cars before did depreciate (996/996/Challenge Stradale/Scuderia etc), but usually not as much as your fully spec BMW/Merc would. Even number-limited cars such as 599 GTO and 911 Sport Classic / Speedster were available at below list.
As far as I am aware, only very recently have new cars traded at premiums (since the beginning of the 90s, when I was still way too young to care about prices). If you go back more than 2 years, I am not sure which cars actually never went below list - I think the Enzo and the 599 Aperta, but am having a tough time coming up with others.
I am not sure buying a car that might take 12-18 months until it gets delivered with the main motivation of making money on it is the best idea in today's market. Esp. as without a prior relationship/having lost 100s of thousands on other cars from the same manufacturer, you will probably not get the truly limited cars.
Jules360 said:
Read what he said. From your question, I assume you are not a long standing customer of Ferrari or Porsche, so you have almost zero chance of getting any allocation, let alone an early one.
Already have two early allocations thanks! Main point of the thread was to pull on experience regarding spec to see if consensus focused on either maximax or maximinGassing Station | Supercar General | Top of Page | What's New | My Stuff