Will Corona effect the Supercar Market
Discussion
paddy1970 said:
Ok, I have looked at the selling price of the following cars (mileage<100k, more than 5 new listings or modified listings in the last week on autotrader) and it seems that there has been a drop of -4.1% in selling price from last week.
That's a lot in a week.Edited by paddy1970 on Sunday 24th May 17:27
paddy1970 said:
Ok, I have looked at the selling price of the following cars (mileage<100k, more than 5 new listings or modified listings in the last week on autotrader) and it seems that there has been a drop of -4.1% in selling price from last week.
how do you get this info, is it a report or made by yourself?Edited by paddy1970 on Sunday 24th May 17:27
Interesting though I think it’ll be end of June when we really start to see prices move....seems like most big franchised dealers will be back operating next month. My guess is they’ll see how the market is once they are back open (whatever that looks like) and then end of the month start re-pricing. Can’t see them walking in the door and reducing prices straight away
Cheib said:
Interesting though I think it’ll be end of June when we really start to see prices move....seems like most big franchised dealers will be back operating next month. My guess is they’ll see how the market is once they are back open (whatever that looks like) and then end of the month start re-pricing. Can’t see them walking in the door and reducing prices straight away
Most likely scenario...I'm holding out to see how things pans out however if there is an almighty crash then there will be plenty of people including me snapping up car bargains.Prices will tumble as inventories start to increase and add in private sellers who can't trade or sell their cars to dealers.
I've been following SVJ/SV prices and I'm noticing SVJ prices are dropping fast but still a ways off from hitting 300. I reckon my car will lose around 80k maybe more if I were to trade it in assuming a dealer would take it in. SV coupes seem to have bottomed out around 250ish. Lets see what happens in the coming months.
I've been following SVJ/SV prices and I'm noticing SVJ prices are dropping fast but still a ways off from hitting 300. I reckon my car will lose around 80k maybe more if I were to trade it in assuming a dealer would take it in. SV coupes seem to have bottomed out around 250ish. Lets see what happens in the coming months.
Taffy66 said:
Cheib said:
Interesting though I think it’ll be end of June when we really start to see prices move....seems like most big franchised dealers will be back operating next month. My guess is they’ll see how the market is once they are back open (whatever that looks like) and then end of the month start re-pricing. Can’t see them walking in the door and reducing prices straight away
Most likely scenario...I'm holding out to see how things pans out however if there is an almighty crash then there will be plenty of people including me snapping up car bargains.Turbo cab said:
Taffy66 said:
Cheib said:
Interesting though I think it’ll be end of June when we really start to see prices move....seems like most big franchised dealers will be back operating next month. My guess is they’ll see how the market is once they are back open (whatever that looks like) and then end of the month start re-pricing. Can’t see them walking in the door and reducing prices straight away
Most likely scenario...I'm holding out to see how things pans out however if there is an almighty crash then there will be plenty of people including me snapping up car bargains.SSO said:
Petrus1983 said:
I’m hearing about some very strong sales in the 2nd hand supercar market today.
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