Are supercars rising in value?
Discussion
981 Boxsters and Elises apparently are rising ..... if you can find a decent example ..... I,m told that you can’t find nice ones at a reasonable price for love or money .
Ditto Series 1 MX5 cars .
Countachs appear to be falling , or not selling .
Murcielagos don’t appear to be selling .... the same old ones hanging around forever .
And we haven’t even felt Greta’s full wrath as yet .
I’m much more interested in the wider question of how quantitative easing , Biden’s almost 2 trillion dollar stimulus package , and the supposedly soon to be steeply rising inflation will interplay with the end of governments’ (worldwide ) support packages . Which will inevitably feed back into every segment of the car market , and every other market .
Ditto Series 1 MX5 cars .
Countachs appear to be falling , or not selling .
Murcielagos don’t appear to be selling .... the same old ones hanging around forever .
And we haven’t even felt Greta’s full wrath as yet .
I’m much more interested in the wider question of how quantitative easing , Biden’s almost 2 trillion dollar stimulus package , and the supposedly soon to be steeply rising inflation will interplay with the end of governments’ (worldwide ) support packages . Which will inevitably feed back into every segment of the car market , and every other market .
Edited by carspath on Monday 31st May 16:44
TP321 said:
Lots of stories in the press at present about car shortages and rising prices. One report cited an example of an Aston Vanquish which has risen by £13k...anyone got any experience of this or is it just hype?
Yes, watch the market, prices have gone up especially at the cheaper end of the supercar market. £110k/£120k upwards though not seen much increase.Having just bought a McLaren 570S I reckon I paid at least £10K more than I would have 12 months ago. However, my 981 Boxster trade in was at least 10% up on it's value last year which helps a bit. So yes, in my limited experience I'd say prices have definitely risen a lot recently with far less cars up for sale and the good ones snapped up almost before the adverts come out.
I would say it's the "usable" sports/supercar part of the market that's really risen rather than the collectors market. People buying these cars to use while they still can as there's so much doubt as to what the future holds both on a personal and global level.
I would say it's the "usable" sports/supercar part of the market that's really risen rather than the collectors market. People buying these cars to use while they still can as there's so much doubt as to what the future holds both on a personal and global level.
Edited by drcarrera on Monday 31st May 18:26
There is massive inflation in the economy which is not being measured correctly by the ‘officials’
your money is buying less each day so the price of stuff people want is going up to counter that. You cant keep printing ££££ with no consequence. We are not at Zimbabwe levels yet .....
your money is buying less each day so the price of stuff people want is going up to counter that. You cant keep printing ££££ with no consequence. We are not at Zimbabwe levels yet .....
mrporsche said:
carspath said:
Countachs appear to be falling , or not selling .
Murcielagos don’t appear to be selling .... the same old ones hanging around forever .
no demand or too expensive ?Murcielagos don’t appear to be selling .... the same old ones hanging around forever .
Edited by carspath on Monday 31st May 16:44
TP321 said:
Lots of stories in the press at present about car shortages and rising prices. One report cited an example of an Aston Vanquish which has risen by £13k...anyone got any experience of this or is it just hype?
Old fashion supply and demand, A little panic at the beginning of the lock downs, none of us haveseen the like of it before, Now that we understand it a little more and have hopefully come
out of lock down for good there seems to have caused demand from frustrated buyers only to
find there is a shortage of good cars available,discount being a dirty word again with the dealerships.
I received a flyer in the post the other day from Maranello's saying that they urgently require low mileage cars
and if i was thinking about selling get in touch with them,That must be the first time ever they have done this,
Good move i would have thought,Don't follow new car sales but maybe there is less p/ex cars coming on the
market if new cars have slowed down.
mrporsche and Ferruccio .... I really don’t have a decent handle on Countach and Murcie values .
I just look from time to time to see if there are any new toys being advertised and my impression is as noted above .
When you drill down into exactly how bespoke these 12 cylinder iconic cars are , I don’t think that they are overvalued at all , quite the opposite in fact when compared to their Maranello contemporaries .
It’s just that they are probably not quite so sought after ..... which tells you how much heritage and competition history plays in determining demand
I just look from time to time to see if there are any new toys being advertised and my impression is as noted above .
When you drill down into exactly how bespoke these 12 cylinder iconic cars are , I don’t think that they are overvalued at all , quite the opposite in fact when compared to their Maranello contemporaries .
It’s just that they are probably not quite so sought after ..... which tells you how much heritage and competition history plays in determining demand
carspath said:
mrporsche and Ferruccio .... I really don’t have a decent handle on Countach and Murcie values .
I just look from time to time to see if there are any new toys being advertised and my impression is as noted above .
When you drill down into exactly how bespoke these 12 cylinder iconic cars are , I don’t think that they are overvalued at all , quite the opposite in fact when compared to their Maranello contemporaries .
It’s just that they are probably not quite so sought after ..... which tells you how much heritage and competition history plays in determining demand
I believe that the Countach is out of sync with the Miura. I just look from time to time to see if there are any new toys being advertised and my impression is as noted above .
When you drill down into exactly how bespoke these 12 cylinder iconic cars are , I don’t think that they are overvalued at all , quite the opposite in fact when compared to their Maranello contemporaries .
It’s just that they are probably not quite so sought after ..... which tells you how much heritage and competition history plays in determining demand
Either the Miura will come down or the Countach go up.
It’s not just supercars. I am, guessing the lack of supply of new is pushing interest down the pile,
I just sold our 2008 Tiptronic Boxster to WBAC for what I was planning to advertise it at privately. When we first discussed moving it on last year I probably would have got £3k+ less for it.
I am glad I got my F430 when I did, I think I have only seen one other I would have wanted in the 18 months or so, and there seem to be very few around now. They are looking more expensive.
Mclaren seem to have stopped or slows their awful depreciation.
No idea how long it will last, given they are talking about chip shortages for another year or more. It could keep on for a while yet.
I just sold our 2008 Tiptronic Boxster to WBAC for what I was planning to advertise it at privately. When we first discussed moving it on last year I probably would have got £3k+ less for it.
I am glad I got my F430 when I did, I think I have only seen one other I would have wanted in the 18 months or so, and there seem to be very few around now. They are looking more expensive.
Mclaren seem to have stopped or slows their awful depreciation.
No idea how long it will last, given they are talking about chip shortages for another year or more. It could keep on for a while yet.
Good Countach still sell well enough, and their time will come. Everyone’s poster car, and Simon Kidston is ramping it as the next 250SWB!
In general, yes, prices have definitely firmed up and cars are selling. Recent stuff might hold up better than expected, given likely delays on delivery and launches of new cars, caused by ECU chip shortages and general parts supply issues worldwide.
In general, yes, prices have definitely firmed up and cars are selling. Recent stuff might hold up better than expected, given likely delays on delivery and launches of new cars, caused by ECU chip shortages and general parts supply issues worldwide.
Interesting that Testarossas were fairly static for years and even in recent years haven't increased much comparative to other cars whilst Countach have at least quadrupled from the early 2000's.
For decades the price of both were fairly evenly matched and many people chose one or the other whereas these days one wouldn't consider a Countach as a price equivalent to a Testa.
For decades the price of both were fairly evenly matched and many people chose one or the other whereas these days one wouldn't consider a Countach as a price equivalent to a Testa.
Pioneer said:
Bought a 570S Spider in March and have just been offered £14k more than I paid for it. I thought it still had some way to go back then. I suspect they'll rise a bit more before they return to normal
Thsts a massive rise in 3 months including dealer margin.So its not worth 50p like all the doom mongers would of no doubt lead you to believe.
From my research if you buy a McLaren 2nd hand and not at new list price the depreciation is no different than its rivals who don't tend to discount much from list in first place.
Prices for pretty much everything seems to be going up so god knows what the true rate of inflation is at the moment. Some businesses have never been so profitable whilst others live on the edge
Gassing Station | Supercar General | Top of Page | What's New | My Stuff