Are supercars rising in value?

Are supercars rising in value?

Author
Discussion

Cam555

24 posts

49 months

Friday 18th June 2021
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dmahon said:
The sky is always falling in with main dealers. Not sure how WBAC would treat such a new M4 but worth getting a quote.
Try motorway.co.uk

I sold an SQ7 to them last month, WBAC were £39500 and then bid £37200 in person, car was mint but had done 57k so obviously not new !

I went on motorway and they suggested £39k, they then put it out to dealers and one bid £41500.00 picked it up next day, no quibbles and TT money, really easy.

NMNeil

5,860 posts

50 months

Friday 18th June 2021
quotequote all
When the EPA were planning to ban the sale of R12 refrigerant I took most of my cash and bought as many 30 pound tanks as I could. When it was banned I waited 18 months then started selling it. Only took a few days and I sold all of it and made a s**tload of money.
Same principle with anything about to be banned or restricted. They will become a sought after commodity and fetch a premium price.

Cheib

23,248 posts

175 months

Friday 18th June 2021
quotequote all
I do think there’s a definite move away from new cars for a lot of people….for road use we were already.driving sport/supercars with too much grip, weight and power to really be able to use them on the road to their maximum extent. Anything hitting the roads now has even more of all of those and sounds worse because of the filters all engines come with now. Unless you’re obsessed with ‘ring times and bragging rights it is hardly a compelling proposition. Even the tech proposition isn’t compelling because everyone uses Apple Car Play these days so nobody cares about new functionality that the cars built in systems have.

So I think people are buying some of the great cars that are already out there…for a lot of people “peak car” is something made around 20 years ago,

Now if manufacturers spent their R&D budgets on weight saving that would get me interested again. In the mean time I’ll keep exploring the back catalogue like a lot of other people.

Northernboy

12,642 posts

257 months

Friday 18th June 2021
quotequote all
NMNeil said:
When the EPA were planning to ban the sale of R12 refrigerant I took most of my cash and bought as many 30 pound tanks as I could. When it was banned I waited 18 months then started selling it. Only took a few days and I sold all of it and made a s**tload of money.
Same principle with anything about to be banned or restricted. They will become a sought after commodity and fetch a premium price.
Well yes, illegal things sold illegally will generate a premium.

NMNeil

5,860 posts

50 months

Friday 18th June 2021
quotequote all
Northernboy said:
Well yes, illegal things sold illegally will generate a premium.
Sorry, I gave you the wrong information. The EPA banned the manufacture or importation of R12 but allowed the sale of the remaining stocks.
Seeing the writing on the wall, I stocked up believing the price would rise, and it did.
I used the analogy to possibly explain the rise in the price of supercars as the owners can see that they will increase in value after next year.

Northernboy

12,642 posts

257 months

Friday 18th June 2021
quotequote all
NMNeil said:
Sorry, I gave you the wrong information. The EPA banned the manufacture or importation of R12 but allowed the sale of the remaining stocks.
Seeing the writing on the wall, I stocked up believing the price would rise, and it did.
I used the analogy to possibly explain the rise in the price of supercars as the owners can see that they will increase in value after next year.
A very good piece of business in that case, so well spotted and well done.

NMNeil

5,860 posts

50 months

Friday 18th June 2021
quotequote all
Northernboy said:
A very good piece of business in that case, so well spotted and well done.
Thank you.

donutskidmark

1,201 posts

153 months

Sunday 20th June 2021
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As a wonderful example indicative of Porsche RS prices going mental-
Porsche Cambridge have just listed a lizard green , first registered in May 2018 car-
so first wave without Weissach………they are asking £189,000- even though the car has done over 20,000 miles.
Certainly only a few months back ultra low mileage equivalents we’re selling at circa 172k-


s2000db

1,155 posts

153 months

Sunday 20th June 2021
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Are main dealers actually paying more currently, or are they just ‘milking the fat’ for the time being?

donutskidmark

1,201 posts

153 months

Sunday 20th June 2021
quotequote all
Dealers are paying more to get the cars in stock-
Still - I wouldn’t expect to visit an OPC and get a great deal in any capacity!

rat rod

4,997 posts

65 months

Sunday 20th June 2021
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donutskidmark said:
As a wonderful example indicative of Porsche RS prices going mental-
Porsche Cambridge have just listed a lizard green , first registered in May 2018 car-
so first wave without Weissach………they are asking £189,000- even though the car has done over 20,000 miles.
Certainly only a few months back ultra low mileage equivalents we’re selling at circa 172k-
Annoying for buyers who were sat there then, waiting for prices to drop even further as

predicted by some, kind of shot themselves in the foot.shoot

RichardCHXX

106 posts

44 months

Sunday 20th June 2021
quotequote all
its not just the cars, its the parts, in lock down part production shut down too, now 12 months later we have used up all the warehouse stocks and guess what, no parts ! shocker

RichardCHXX

106 posts

44 months

Sunday 20th June 2021
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and if you read the Weekend FT, one cannot buy a new or secondhand private yet or motor yacht for love nor money with all your bitcoin profits, the 1970's are about to be revisited

JimmyConwayNW

3,065 posts

125 months

Monday 21st June 2021
quotequote all
Cam555 said:
Try motorway.co.uk

I sold an SQ7 to them last month, WBAC were £39500 and then bid £37200 in person, car was mint but had done 57k so obviously not new !

I went on motorway and they suggested £39k, they then put it out to dealers and one bid £41500.00 picked it up next day, no quibbles and TT money, really easy.
Was it the black SQ7 - KMZ?

Northernboy

12,642 posts

257 months

Monday 21st June 2021
quotequote all
RichardCHXX said:
and if you read the Weekend FT, one cannot buy a new or secondhand private yet or motor yacht for love nor money with all your bitcoin profits, the 1970's are about to be revisited
I really do hope so. I've ended up with far more "things" than I should have, what with one thing and another, and if property and cars are going up that at east means that I might get a positive return on them rather than just seeing money dribbling out the door.

DeejRC

5,792 posts

82 months

Monday 21st June 2021
quotequote all
It’s amazing how my wife thinks I apparently have too many “things”, but her open all hours expense account on Amazon is absolutely fine…

NMNeil

5,860 posts

50 months

Monday 21st June 2021
quotequote all
DeejRC said:
It’s amazing how my wife thinks I apparently have too many “things”, but her open all hours expense account on Amazon is absolutely fine…
You are not alone, my wife is exactly the same.

rat rod

4,997 posts

65 months

Monday 21st June 2021
quotequote all
DeejRC said:
It’s amazing how my wife thinks I apparently have too many “things”, but her open all hours expense account on Amazon is absolutely fine…
A Jag collector admitted on camera that his wife didn't have a clue how many cars he has as long as they are all B.R.G.biglaugh

Hope she doesn't watch the video,

DeejRC

5,792 posts

82 months

Tuesday 22nd June 2021
quotequote all
rat rod said:
DeejRC said:
It’s amazing how my wife thinks I apparently have too many “things”, but her open all hours expense account on Amazon is absolutely fine…
A Jag collector admitted on camera that his wife didn't have a clue how many cars he has as long as they are all B.R.G.biglaugh

Hope she doesn't watch the video,
Ah, now that actually sort of works!
Years ago I had a BRG Griffith. I replaced her with a new Sagaris that was Reflex Charcoal - sort of green. Visiting home my mum asked if that was the same car as last time, so I said yes. She just said OK!

No way am I brave enough to remotely try that with my wife though. I tried "shenanigans" with the Ferrari I ran in Switzerland and that didn't go particularly well with the lady boss of the household. Im not the brightest bloke in the world, but Im not dumb enough to cock that one up again.

Anyway, back on topic, with a bit of luck - there should be a deposit going down on an F12 today smile Ive just got to also make sure I put a deposit down on a Kubota for wife!

rat rod

4,997 posts

65 months

Tuesday 22nd June 2021
quotequote all
DeejRC said:
rat rod said:
DeejRC said:
It’s amazing how my wife thinks I apparently have too many “things”, but her open all hours expense account on Amazon is absolutely fine…
A Jag collector admitted on camera that his wife didn't have a clue how many cars he has as long as they are all B.R.G.biglaugh

Hope she doesn't watch the video,
Ah, now that actually sort of works!
Years ago I had a BRG Griffith. I replaced her with a new Sagaris that was Reflex Charcoal - sort of green. Visiting home my mum asked if that was the same car as last time, so I said yes. She just said OK!

No way am I brave enough to remotely try that with my wife though. I tried "shenanigans" with the Ferrari I ran in Switzerland and that didn't go particularly well with the lady boss of the household. Im not the brightest bloke in the world, but Im not dumb enough to cock that one up again.

Anyway, back on topic, with a bit of luck - there should be a deposit going down on an F12 today smile Ive just got to also make sure I put a deposit down on a Kubota for wife!
Like your thinking,prevention is better than cure,scratchchin

Think your going to enjoy the F12 thumbup