Are LP560's cheaper in Autumn & Winter
Discussion
Balthazar said:
Hmmm. Im not so sure. The summer has been pretty awful so far and not many cars are being sold. Prices are certainly healthy and I see a lot of dealers buying private cars only to remarket them at £8k+ again. So that may give a false sense of movement of cars sold.
I don't think many dealers (apart from main dealers) are buying as not many have the cash. The vast majority of cars are SOR.EpsomJames said:
I suspect prices will be higher by end of year.
Pre-LP Gallardos are rising and starting to prop up prices of early LPs.
At the moment we are experiencing an asset bubble similar to the housing market when mortgages were available with 0% deposit. Pre-LP Gallardos are rising and starting to prop up prices of early LPs.
All the cheap money in the system is looking for a home and the lead in 'appreciating' values are Ferrari's as has happened historically.
The prediction is that the Bank of England will raise interest rates first quarter of 2016 by at least 0.25% and this will mean the cheap money will not be so cheap any more especially with almost sheer certainty that interests cannot go any lower so are going to go up.
Ofccourse, if the economy tanks for whatever reason then all bets are off and prices will crash again.
I think we are at the tail end of the 'party' of cheap money.
It will certainly be interesting to find out what happens to this segment of the market in the next few years.
Going back to your original question I monitored the Gallardo market for about 2.5 years and didn't notice a seasonal change in prices, just a gradual decline in prices which has now stablized and is currently increasing in some areas.
Going back to your original question I monitored the Gallardo market for about 2.5 years and didn't notice a seasonal change in prices, just a gradual decline in prices which has now stablized and is currently increasing in some areas.
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