Lag Time for Supercar Prices to adjust to Market Conditions
Discussion
davek_964 said:
ghost83 said:
I’d love to see a mclaren 12c at 40k or a 650s at 50k
I think that's fairly unlikely - but who knows.sparta6 said:
MisterBigglesworth said:
TBH the Russian roulette of death by virus made me realise how unpredictable life can be, and it’s too short to worry about a retirement you might not live to see.
As soon as we’re out of lockdown i’m buying an F12 regardless of where the market is or if it loses money. I might not be alive to worry about it’s value next year so YOLO.
That's the correct outlook !As soon as we’re out of lockdown i’m buying an F12 regardless of where the market is or if it loses money. I might not be alive to worry about it’s value next year so YOLO.
Chinese virus does not discriminate
I've given a lot of thought over the last week or two about whether I regret it, given that the world has changed significantly since I bought the car. And the answer is.........
Nope.
I already had the view that - without being entirely financially reckless - you really do only live once and you don't know what tomorrow will bring. If anything, the current situation has proved that point x 1,000,000.
Whatever the future brings - I get to enjoy a proper supercar, and I love it. It was already a car that would lose value - if it really does drop to ~£50k by the end of the year, that's even less reason to consider selling it!
I did want to sell my 360, but unfortunately the virus got here before the service. If prices really do crash, I'll simply keep it - it's a damn good car, and there are worse things in life!
Lee Jones Jnr said:
Or swap the 360 for something else, price to change will be relatively unchanged.
That doesn't really work. The 360 doesn't get used much due to the McLaren, so I'd prefer to replace it with something a bit more "normal" and daily and stick the change in the bank. I have no desire to swap it for another "special" car - it's very good at that job anyway.davek_964 said:
Lee Jones Jnr said:
Or swap the 360 for something else, price to change will be relatively unchanged.
That doesn't really work. The 360 doesn't get used much due to the McLaren, so I'd prefer to replace it with something a bit more "normal" and daily and stick the change in the bank. I have no desire to swap it for another "special" car - it's very good at that job anyway.Lee Jones Jnr said:
davek_964 said:
Lee Jones Jnr said:
Or swap the 360 for something else, price to change will be relatively unchanged.
That doesn't really work. The 360 doesn't get used much due to the McLaren, so I'd prefer to replace it with something a bit more "normal" and daily and stick the change in the bank. I have no desire to swap it for another "special" car - it's very good at that job anyway.davek_964 said:
Lee Jones Jnr said:
davek_964 said:
Lee Jones Jnr said:
Or swap the 360 for something else, price to change will be relatively unchanged.
That doesn't really work. The 360 doesn't get used much due to the McLaren, so I'd prefer to replace it with something a bit more "normal" and daily and stick the change in the bank. I have no desire to swap it for another "special" car - it's very good at that job anyway.Lee Jones Jnr said:
davek_964 said:
Lee Jones Jnr said:
davek_964 said:
Lee Jones Jnr said:
Or swap the 360 for something else, price to change will be relatively unchanged.
That doesn't really work. The 360 doesn't get used much due to the McLaren, so I'd prefer to replace it with something a bit more "normal" and daily and stick the change in the bank. I have no desire to swap it for another "special" car - it's very good at that job anyway.For one thing, the McLaren is a Spider and the 360 isn't - I like being able to put the roof down. When I bought the McLaren it was to use as a semi-daily car, and I'd like another "normal" Spider to be the other semi daily car.
The 360 is usually garaged, and it's a pain getting it in / out of the garage - I did recently change it to non-garaged on the insurance but it hasn't really changed the fact that it's not what I want from a semi-daily car. If I want a fun drive, it's brilliant and still makes me smile. But if I drive it for more than a few days running, I get tired of it - for me, it feels quite single purpose. Even with the suspension on normal, it's still quite harsh. It's a manual, which has always been a good thing - but when my other two cars are paddle / automatic, I find it a bit of a pain - at least for commuting.
As a semi daily car - at least when I've got the 650 - I would prefer something that is not so performance oriented. The 360 is loud with pretty hard suspension (even on normal setting) - which is nice on the run to work sometimes, but not most days. For me, it's a brilliant car for fun drives - and does a reasonable job of "normal" drives - but for my current use, and currently owned cars - a car that is better at normal drives, and not as good at fun drives - would suit me more.
And from a purely financial point of view - I'd rather not have as much money tied up in cars as I do with 650 + 360. So 650 + a car half the value of the 360 would suit me better - but that may not be a consideration now.
I don't need to sell it, and although I would prefer a different type of car - if the market really does crash - I'd prefer to keep it for occasional use than hand it over to some hovering vulture.
davek_964 said:
A variety of reasons really.
For one thing, the McLaren is a Spider and the 360 isn't - I like being able to put the roof down. When I bought the McLaren it was to use as a semi-daily car, and I'd like another "normal" Spider to be the other semi daily car.
The 360 is usually garaged, and it's a pain getting it in / out of the garage - I did recently change it to non-garaged on the insurance but it hasn't really changed the fact that it's not what I want from a semi-daily car. If I want a fun drive, it's brilliant and still makes me smile. But if I drive it for more than a few days running, I get tired of it - for me, it feels quite single purpose. Even with the suspension on normal, it's still quite harsh. It's a manual, which has always been a good thing - but when my other two cars are paddle / automatic, I find it a bit of a pain - at least for commuting.
As a semi daily car - at least when I've got the 650 - I would prefer something that is not so performance oriented. The 360 is loud with pretty hard suspension (even on normal setting) - which is nice on the run to work sometimes, but not most days. For me, it's a brilliant car for fun drives - and does a reasonable job of "normal" drives - but for my current use, and currently owned cars - a car that is better at normal drives, and not as good at fun drives - would suit me more.
And from a purely financial point of view - I'd rather not have as much money tied up in cars as I do with 650 + 360. So 650 + a car half the value of the 360 would suit me better - but that may not be a consideration now.
I don't need to sell it, and although I would prefer a different type of car - if the market really does crash - I'd prefer to keep it for occasional use than hand it over to some hovering vulture.
Any pics of the 360?For one thing, the McLaren is a Spider and the 360 isn't - I like being able to put the roof down. When I bought the McLaren it was to use as a semi-daily car, and I'd like another "normal" Spider to be the other semi daily car.
The 360 is usually garaged, and it's a pain getting it in / out of the garage - I did recently change it to non-garaged on the insurance but it hasn't really changed the fact that it's not what I want from a semi-daily car. If I want a fun drive, it's brilliant and still makes me smile. But if I drive it for more than a few days running, I get tired of it - for me, it feels quite single purpose. Even with the suspension on normal, it's still quite harsh. It's a manual, which has always been a good thing - but when my other two cars are paddle / automatic, I find it a bit of a pain - at least for commuting.
As a semi daily car - at least when I've got the 650 - I would prefer something that is not so performance oriented. The 360 is loud with pretty hard suspension (even on normal setting) - which is nice on the run to work sometimes, but not most days. For me, it's a brilliant car for fun drives - and does a reasonable job of "normal" drives - but for my current use, and currently owned cars - a car that is better at normal drives, and not as good at fun drives - would suit me more.
And from a purely financial point of view - I'd rather not have as much money tied up in cars as I do with 650 + 360. So 650 + a car half the value of the 360 would suit me better - but that may not be a consideration now.
I don't need to sell it, and although I would prefer a different type of car - if the market really does crash - I'd prefer to keep it for occasional use than hand it over to some hovering vulture.
davek_964 said:
A variety of reasons really.
For one thing, the McLaren is a Spider and the 360 isn't - I like being able to put the roof down. When I bought the McLaren it was to use as a semi-daily car, and I'd like another "normal" Spider to be the other semi daily car.
The 360 is usually garaged, and it's a pain getting it in / out of the garage - I did recently change it to non-garaged on the insurance but it hasn't really changed the fact that it's not what I want from a semi-daily car. If I want a fun drive, it's brilliant and still makes me smile. But if I drive it for more than a few days running, I get tired of it - for me, it feels quite single purpose. Even with the suspension on normal, it's still quite harsh. It's a manual, which has always been a good thing - but when my other two cars are paddle / automatic, I find it a bit of a pain - at least for commuting.
As a semi daily car - at least when I've got the 650 - I would prefer something that is not so performance oriented. The 360 is loud with pretty hard suspension (even on normal setting) - which is nice on the run to work sometimes, but not most days. For me, it's a brilliant car for fun drives - and does a reasonable job of "normal" drives - but for my current use, and currently owned cars - a car that is better at normal drives, and not as good at fun drives - would suit me more.
And from a purely financial point of view - I'd rather not have as much money tied up in cars as I do with 650 + 360. So 650 + a car half the value of the 360 would suit me better - but that may not be a consideration now.
I don't need to sell it, and although I would prefer a different type of car - if the market really does crash - I'd prefer to keep it for occasional use than hand it over to some hovering vulture.
Ah okay. Convertible or not is not really relevant to suitability as a daily driver IMO, but certainly a reason why someone may prefer one car to another.For one thing, the McLaren is a Spider and the 360 isn't - I like being able to put the roof down. When I bought the McLaren it was to use as a semi-daily car, and I'd like another "normal" Spider to be the other semi daily car.
The 360 is usually garaged, and it's a pain getting it in / out of the garage - I did recently change it to non-garaged on the insurance but it hasn't really changed the fact that it's not what I want from a semi-daily car. If I want a fun drive, it's brilliant and still makes me smile. But if I drive it for more than a few days running, I get tired of it - for me, it feels quite single purpose. Even with the suspension on normal, it's still quite harsh. It's a manual, which has always been a good thing - but when my other two cars are paddle / automatic, I find it a bit of a pain - at least for commuting.
As a semi daily car - at least when I've got the 650 - I would prefer something that is not so performance oriented. The 360 is loud with pretty hard suspension (even on normal setting) - which is nice on the run to work sometimes, but not most days. For me, it's a brilliant car for fun drives - and does a reasonable job of "normal" drives - but for my current use, and currently owned cars - a car that is better at normal drives, and not as good at fun drives - would suit me more.
And from a purely financial point of view - I'd rather not have as much money tied up in cars as I do with 650 + 360. So 650 + a car half the value of the 360 would suit me better - but that may not be a consideration now.
I don't need to sell it, and although I would prefer a different type of car - if the market really does crash - I'd prefer to keep it for occasional use than hand it over to some hovering vulture.
With regards the ride, I assume (this is not an insult) that you might be a bit older than me, I found the ride acceptable.
Manual, absolutely understand that, mine was an F1.
Initially my thought was that the doors would be an easier live with a 360 but they are really wide so still need a decent space to get out.
cayman-black said:
davek_964 said:
That should stay and the Mac should go. The 360 still has "something" the 650 doesn't - although part of that might just be "noise"! - but the 650 ticks more boxes for me, at least at the moment. For a few years now, I've been less enthusiastic about how much money I spend on occasional use cars. The 650 has the advantage that it's a superb daily car - but I also bought it thinking it would be my last stupidly expensive stupidly fast car.
I love the 360, which is testament to how good it is 6.5 years after I bought it. But I don't think it really suits what I want from a car a lot of the time these days - and probably hasn't for a couple of years. The 650 ticks more of the boxes more of the time right now - although I think it will be the last expensive car I buy. (Maybe)
Lee Jones Jnr said:
jakesmith said:
Bo_apex said:
ghost83 said:
The amusing thing is I nearly put a deposit down on a new RS3 just after selling my last car in January and that was 55k so I’m glad I didn’t bother as who knows what will be available in the next 6-8 months
A brand new Audi ?You must be a proper fan of depreciation
To be fair, they are both manufactured in Europe
Pvapour said:
IBAC
(as long as its an R8 V10 cabrio or Bentley gtc 2nd gen
)
may as well use this thread for any desperate to sell
Here you go mate. https://collectingcars.com/for-sale/2017-audi-r8-v...(as long as its an R8 V10 cabrio or Bentley gtc 2nd gen
)may as well use this thread for any desperate to sell
MisterBigglesworth said:
TBH the Russian roulette of death by virus made me realise how unpredictable life can be, and it’s too short to worry about a retirement you might not live to see.
As soon as we’re out of lockdown i’m buying an F12 regardless of where the market is or if it loses money. I might not be alive to worry about it’s value next year so YOLO.
That's what i like to hear, Epic car.As soon as we’re out of lockdown i’m buying an F12 regardless of where the market is or if it loses money. I might not be alive to worry about it’s value next year so YOLO.
cayman-black said:
MisterBigglesworth said:
TBH the Russian roulette of death by virus made me realise how unpredictable life can be, and it’s too short to worry about a retirement you might not live to see.
As soon as we’re out of lockdown i’m buying an F12 regardless of where the market is or if it loses money. I might not be alive to worry about it’s value next year so YOLO.
That's what i like to hear, Epic car.As soon as we’re out of lockdown i’m buying an F12 regardless of where the market is or if it loses money. I might not be alive to worry about it’s value next year so YOLO.
but my opinion is that prices will hold I don’t have a dog in this fight currently but I don’t know why supercar prices would collapse. They is (in most cases) a small supply and will always be a demand.
Sure there will be some distressed sales from people who have ended up in a compromised position, but I’d suggest that maybe they were overextended in the first place? I don’t think those prices will necessarily define the market.
In terms of regular expensive stuff though, all bets are off I’d say.
Sure there will be some distressed sales from people who have ended up in a compromised position, but I’d suggest that maybe they were overextended in the first place? I don’t think those prices will necessarily define the market.
In terms of regular expensive stuff though, all bets are off I’d say.
Durzel said:
I don’t have a dog in this fight currently but I don’t know why supercar prices would collapse. They is (in most cases) a small supply and will always be a demand.
Sure there will be some distressed sales from people who have ended up in a compromised position, but I’d suggest that maybe they were overextended in the first place? I don’t think those prices will necessarily define the market.
In terms of regular expensive stuff though, all bets are off I’d say.
Why did tulips collapse after the tulip bubbleSure there will be some distressed sales from people who have ended up in a compromised position, but I’d suggest that maybe they were overextended in the first place? I don’t think those prices will necessarily define the market.
In terms of regular expensive stuff though, all bets are off I’d say.
Why did tech shares drop in 2000s
Why did classic prices crash in the early 90s
Why did house prices collapse in 2008/9
It’s just the way life works!
Move along now please, nothing to see here.
The crash has been postponed for at least another three months.
https://www.pistonheads.com/news/general-pistonhea...
The crash has been postponed for at least another three months.
https://www.pistonheads.com/news/general-pistonhea...
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