Should I buy a Hurracan performante

Should I buy a Hurracan performante

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Discussion

footsoldier

1,466 posts

140 months

Friday 9th August
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Larry5.2 said:
The projection is that the economy will suffer, if BJ gets his way, and UK people wont buy cars, i.e. this will affect the local market which is RHD. The pound vs euro will drop after Bexit, and the LHD market will be bolstered by the EU buyers coming and clearing the LHD stock from the UK.
Except if there’s a no-deal Brexit and therefore tariffs on import to EU; the LHD UK cars will be very hard to shift.

lowndes

652 posts

162 months

Saturday 10th August
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footsoldier said:
the LHD UK cars will be very hard to shift.
Maybe time to short C16 CGT. laugh

isaldiri

5,026 posts

116 months

Saturday 10th August
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footsoldier said:
Except if there’s a no-deal Brexit and therefore tariffs on import to EU; the LHD UK cars will be very hard to shift.
It depends....given in such a case the gbp will likely get (even further) obliterated that a piffling extra tariff to sell/import into the EU will be more than worth the gain in eur/gbp.

thelostboy

3,652 posts

173 months

Thursday 15th August
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I would say the Performante is night and day better than a Huracan, let alone a Gallardo.I appreciate your car may be rare, but i'd rather just have the better car.

The Performante is a bargain at the moment; you can get one for close to a standard Huracan. As a result, unless ALL Lambos take a hit, I can't see them depreciating much further otherwise you're talking the same money as a GT3 which - despite a great drivers car - is just not the same league.

sone

4,383 posts

186 months

Thursday 15th August
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thelostboy said:
I would say the Performante is night and day better than a Huracan, let alone a Gallardo.I appreciate your car may be rare, but i'd rather just have the better car.

The Performante is a bargain at the moment; you can get one for close to a standard Huracan. As a result, unless ALL Lambos take a hit, I can't see them depreciating much further otherwise you're talking the same money as a GT3 which - despite a great drivers car - is just not the same league.
A Gt3 wouldn’t see which way a std Huracan had gone on track never mind the Perf. I’ve owned and driven both on track, well actually all three come to think of it and the Lambo is a quicker car in all guises.
I’d still say put a race exhaust on a std Huracan car and you won’t be disappointed! You have to be 10/10ths to take advantage of the ala system.

av185

9,604 posts

75 months

Thursday 15th August
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There's no correlation whatsoever between the price of a GT3 and a Performante.

The Performante along with other 'similar' cars has shown quite substantial depreciation.

Which for a newish car only means it will continue to depreciate even more.

KHK

482 posts

32 months

Thursday 15th August
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HP took a nose dive because of the EVO but prices have started to stabilize and I wouldn't be confident about GT's holding value.

The 991.2 GT3/GT3RS/GT2RS are tanking in the US, in fact the market right now is flooded with "used" GT3's and GT3RS's which aren't selling and seeing price cuts. Porsche built a crap load of them to combat flippers and it's working.

av185

9,604 posts

75 months

Thursday 15th August
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KHK said:
The 991.2 GT3/GT3RS/GT2RS are tanking in the US, in fact the market right now is flooded with "used" GT3's and GT3RS's which aren't selling and seeing price cuts. Porsche built a crap load of them to combat flippers and it's working.
You are correct. But it's nothing to do with flippers.

But the US market and parts of Europe for that matter where you could literally walk into a Porsche showroom and order as many GT cars as you like is totally different to the UK market which is unique due to Porsche restricting the supply of GT cars which keeps prices high.

sone

4,383 posts

186 months

Thursday 15th August
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The super car market is saturated at the moment and while credit is relatively cheap it’ll stay that way for a while longer. If we go into recession expect to see people start off loading and then all cars will drop. Perfs have dropped I lost 60k on mine in less than 2 years but I did put 8k miles on mine I lost about half that on my std car in 2 years and 10k miles on it. That for me is the realistic cost of super car ownership. I will say that’s from new so expect second hand to be less severe. I have a Spyder now so I’m hoping that will do slightly better!

70proof

5,860 posts

103 months

Never you mind

Original Poster:

1,441 posts

60 months

Friday 16th August
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70proof said:
Get what they are saying with the RWD G shimmering around as mine does that all the time and that is part of the appeal of it. I've said it before and I'll say it again a RWD G is just like a bigger faster version of an Elise in the way that it drives well, with out stuff falling off and staring at mini metro door mirrors and other parts bin bits from ford.


I've also noticed as lot of perfs for sale are all about 18 months old. I presume this is due to the cheap finnance you can get if you take it out for 18months. People off loading them due to the bubble payemnt being due and hence plenty for sale?

Tough choice.

Off to Lambo today to pick mine up so I'll see if I can get a test drive in the one I am looking at and then decide.


Edited by Never you mind on Friday 16th August 11:15

70proof

5,860 posts

103 months

Friday 16th August
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They have an interesting collection and nice to see they want to keep the balboni... You need to buy both lol

With an incredible car collection that includes a long list of Ferrari’s starting with the Ferrari F40, 458 Italia, F355 Spider, 488 GTB and our very own recently sold F12 TDF in Giallo Triplo Strato. With only 50 RHD UK examples, the TDF is one of the most desirable supercars and one of the hardest to come by. In 2015, the carguys.tv got invited by Ferrari to purchase and spec their very own 458 Speciale Aperta and collected it from Ferrari’s Maranello factory in Italy. They then drove it back through Italy, Switzerland and France and brought it back to the UK. The list of fantastic supercars in their collection continues with the rare manual gearbox Lamborghini Gallardo Balboni edition, Lamborghini Huracan Performante, one of 46 worldwide Light Car Company Rocket, Porsche 911 GT3 Touring, Porsche 911 Supersport Targa, Porsche 911 3.2 Carrera, our recently sold Rolls Royce Phantom Coupe, Original Honda NSX and a Honda Prelude VTEC

thelostboy

3,652 posts

173 months

Friday 16th August
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av185 said:
There's no correlation whatsoever between the price of a GT3 and a Performante.

The Performante along with other 'similar' cars has shown quite substantial depreciation.

Which for a newish car only means it will continue to depreciate even more.
My point was that, if Performantes fall faster than GT3s in value then I would hope it would get to a stage where common sense would quick in.

As the other poster, I would be surprised if a standard Huracan is quicker than a like-for-like era GT3 on track. Can't say I have driven standard Huracan on sticky rubber, but out of the box they understeer for Italy; imagine it's a pretty poor track car.

sone

4,383 posts

186 months

Friday 16th August
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thelostboy said:
av185 said:
As the other poster, I would be surprised if a standard Huracan is quicker than a like-for-like era GT3 on track. Can't say I have driven standard Huracan on sticky rubber, but out of the box they understeer for Italy; imagine it's a pretty poor track car.
https://fastestlaps.com/tracks/top-gear-track

Ok top gear laps aren’t the be all and end all but these are the times of the std Huracan. The std car is very capable on track and the under steer issue was always overstated in my opinion. I really enjoyed mine on track, ok not got the edge the Perf has but still very quick.
I owned the std H and 991 Gt3rs at the same time and there’s no doubt in my mind the H was quicker!

Edited by sone on Friday 16th August 22:29

430SD_LP640

13 posts

5 months

Saturday 17th August
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came from 675LT and i have no regret despite 675LT has held the residual value much better since I swapped! 675LT is a great car but Performante is rawer and the gear is faster (in my humble view). The overall package of Performante gives you more confidence to challenge corners. This is something I only get from Performante.

Yes you would have taken a hit if you bought a new one and sold it recently. But if you keep it, then it is called "unrealised P/L" based on current market price. Depreciaition is a part of the total cost of super car ownership. I think lots of Performante owners got SVJ allocations so the supply has increased significantly, which has caused the price drop. I was given a slot of SVJ and I rejected it as i don't like the ISR. The dealer thought I lost my mind. I would have done the same thing, had I taken SVJ. With SVJ delivery coming into the end, i think the price should stabilise. Also dealers took some inventory of Performante ahead of the EoL, which also contributed to the incremental supply. Both issues have gone now so the supply is back to the natural churn. I think if you get a decent one at 190K to 200K level, the incremental depreciation should be quite reasonable. More importantly, Lamob residual value is less sensitive to milage so you can actually enjoy your car. Oh btw, if you are concerned with residual value or resell value, you should choose comfort seat. The dealer I work with bids £8000 lower for one with carbon seat (assuming rest specs are same). Also traditional lambo colours (Orange, Green and Yellow) tend to attract more buyers.

As a few mentioned above, the super market slows significantly. 430 Scuderia price dropped sharply this year, which is not ideal for me as I wanted to PX my Scud for a speciale. a low milage 430 Scud was around 190K to 210K in the beginning of the year and now you can have a conversation if you start 150K. Same for speciale, very low milage dealer cars were priced 320K level previously and you can have a proper conversation now if you start at 290K. You would have been told "go away" if you asked for 10% discount on a speciale dealer car 6 months ago! 675LT dips below 200K now. 991.2 GT3RS is about to dip below 200K (dealer cars are priced 205K but they say they are motivated to sell. Ok it should not have been at 250K to start with). so It is not just a lambo issue. In my view, as long as you are not increasing your exposure to super car assets, then you should be ok. If you are net increasing your exposure to super cars financially, then you need to be prepared for the possible steep depreciation hit.

Edited by 430SD_LP640 on Saturday 17th August 12:33

70proof

5,860 posts

103 months

Saturday 17th August
quotequote all
Thanks for sharing lp640...

In the very long term, is the market going to change... Lambos don't really have a 'collectors' following bar for a few cars, at present, they are however very very popular with the youth of today, so in a few years time will they be the sought after brand? The youth of today will be the buyers of tomorrow... Who nows...

Cars will get forever faster with each new iteration, but the perf as you say gives the driver so much more...

Edited by 70proof on Saturday 17th August 12:46


Edited by 70proof on Saturday 17th August 12:49

Never you mind

Original Poster:

1,441 posts

60 months

Tuesday 20th August
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Test drove one at the weekend. What a car!

In sport mode it felt very easy to drive, just like any other car really and the dampening on it meant it could soak up all the bumps in the road without jarring your back, even with the buckets which I love. Stick it in strada and it sounded awesome with the pops and crackles coming from the exhaust, was very loud though but as the car stands out like a sore thumb I loved that about it. Corsa mode turned the car into a different animal all together. You could feel it moving around and it felt pretty good in this mode. Compared to my car the gearbox is a certainly an improvement, shifts where faster and a lot smoother even in corsa mode.

Sticks to the road like glue as well and through a set of flowing corners it gave you a lot of confidence to keep your foot in. In short you'd have to be driving like a complete dick to stack it.

Car I drove didn't have LDS where as the car I am looking at does. How much of difference does this make?

I've been in a 720s and although the mac is quicker it doesn't have that "je ne sais quoi" of the Perf. IMHO the Perf looks way better, sounds better and has all the ingredients to make it a special car which the McLaren doesn't. I'd say the Mac was like eating at a restaurant that almost but not quite has a michelin star.


Would I miss my Gallardo if I traded it in? Most definetly yes, although the Gallardo is old school now it feels very analogue which is a good thing in my book and with my being RWD I'll miss that feeling when it shimmies around when your on it. Something I never got from the Perf.

Maybe I would be better off with 430 Scuderia?


sone

4,383 posts

186 months

Tuesday 20th August
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Never you mind said:
Test drove one at the weekend. What a car!


Maybe I would be better off with 430 Scuderia?
Scud was the least “special” car I’ve ever owned and without doubt the Perf or perfs are some of the best.
The other thing that Huracan, Gallardos seem to do is carrying the miles without affecting value massively.

Edited by sone on Tuesday 20th August 20:23

Anan2030

29 posts

12 months

Tuesday 20th August
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I am also having a big thought on replacing my 911.2 gt3rs for huracan performante but i dont seem to know which one will depreciate more in one year time , they both great car though put 2000 miles in the gt3rs in a few days around the alps . i have never own a lambo very tough decision for me .

hunter 66

2,871 posts

168 months

Tuesday 20th August
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I will never be able to own a Performance , as 6 ft .4 ins tall , but nice sound bit showy and my wife would not get in it ....but nor does she ever get in the GT3.2 RS ( the WING ) .... so no issues
The ALA system must need commitment as never seen one going particularly fast on track ....but they do sound great