Does your Supercar represent value?
Does your Supercar represent value?
Author
Discussion

Nano2nd

3,426 posts

276 months

Sunday 27th May 2018
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Candellara said:
A question I've often pondered

When you consider how much monetary value is often tied into these cars do you ever feel that it's at the sacrifice of enhancing yours or your families everyday lives?


So, you've £150k sat in the garage and let's face it, it's more about the journey rather than the arrival to attain your life's dream and then the realisation...…….

How much (if at all) would that £150k be better spent and how might that immediately benefit your children / wife etc etc rather than a selfish indulgence that gets polished, depreciates and by and large costs a fortune to maintain something that goes to a car meet once every few weeks in the Summer at best


Be interested to see how everyone rationalises such a selfish and decadent purchase. It's been the underlying reason why I've ever sold such a car - difficult balance when you have petrol running through your veins but with age and family commitments, i'm sure crossing all of your minds?

Personally, I struggle to rationalise this as I get older. The children would benefit from the money or, the Wife's daily car could be updated (or mine), the pension pot could be bigger or we could live in a bigger house etc etc

How does everyone cope with the burden? or do you have so much money.....it's not an issue? :-)

I ask the question as mine came out for a 30 min blast yesterday ( I loved every moment but...…) now resides back the garage with it's service and insurance due
rolleyes

Edited by Nano2nd on Monday 28th May 11:33

Ferruccio

1,884 posts

139 months

Sunday 27th May 2018
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All of life is a compromise.

Andy M

3,755 posts

279 months

Sunday 27th May 2018
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Is it not selfish of you to be spending time posting on an online forum? Couldn’t this time and effort have been better spent with your family?

MDL111

8,337 posts

197 months

Sunday 27th May 2018
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Well, I have neither a child nor a wife and I don’t care about having a pension .... so most of my money spent on cars - short-sighted .... definitely, but much more fun than being prudent

Targarama

14,709 posts

303 months

Sunday 27th May 2018
quotequote all
Maybe just work a bit harder and earn enough so owning a depreciating supercar does not impact on the rest of your lifestyle? I doubt many supercar owners are deciding their car wins out over their children’s education or a good upbringing etc.

Superleg48

1,525 posts

153 months

Sunday 27th May 2018
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It certainly does. Pound for Pound the Smiles Per Mile return is like nothing else I have ever bought! Oh, wait a minute, is this another “Investment vs Depreciation” yawningly boring thread?...


sardis

324 posts

196 months

Monday 28th May 2018
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Something about yellow Lamborghinis that define the brand and its values, to put another spin on it.

Beautiful car by the way Superleggera48, I think the super dark interior with the yellow stitching is wonderful on the sl.

Purely gratuitous but even my dog thinks a yellow Lamborghini, somehow represents value, you can tell from his smile smile





Edited by sardis on Monday 28th May 08:14

Superleg48

1,525 posts

153 months

Monday 28th May 2018
quotequote all
sardis said:
Something about yellow Lamborghinis that define the brand and its values, to put another spin on it.

Beautiful car by the way Superleggera48, I think the super dark interior with the yellow stitching is wonderful on the sl.

Purely gratuitous but even my dog thinks a yellow Lamborghini, somehow represents value, you can tell from his smile smile





Edited by sardis on Monday 28th May 08:14
Great picture and clearly your dog appreciates a thing of beauty! Fabulous car. smile

Wilmslowboy

4,613 posts

226 months

Monday 28th May 2018
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Yellow dog - yellow supercar
(Handsome chap - dog not you)




del mar

2,838 posts

219 months

Monday 28th May 2018
quotequote all
MDL111 said:
Well, I have neither a child nor a wife and I don’t care about having a pension .... so most of my money spent on cars - short-sighted .... definitely, but much more fun than being prudent
I could lose the wife.... but sharing the cars with my 9 year old son represents “value” to me !


RamboLambo

4,843 posts

190 months

Monday 28th May 2018
quotequote all
Wilmslowboy said:
Yellow dog - yellow supercar
(Handsome chap - dog not you)



Brown dog, black car ?

Nano2nd

3,426 posts

276 months

Monday 28th May 2018
quotequote all
OP deleted his original post, obviously realised what a prat he sounded... i've put it back as a warning that once you post it on the internet its probably there forever biggrin

PompeyReece

1,586 posts

109 months

Monday 28th May 2018
quotequote all
Nano2nd said:
OP deleted his original post, obviously realised what a prat he sounded... i've put it back as a warning that once you post it on the internet its probably there forever biggrin
Ha ha.... harsh but fair biggrin

Candellara

Original Poster:

1,890 posts

202 months

Monday 28th May 2018
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PompeyReece said:
Ha ha.... harsh but fair biggrin
Not at all. I deleted the original question after the realisation that it's response within a Supercar thread would invoke the type of response that it's had :-) Maybe there should be an ex-Supercar owners thread :-)

Still begs the question though as Supercar ownership in my experience is often an aspirational one - but at what cost?

It simply dawned on me that that my indulgence over the years has been at the expense of my immediate family in terms of time often divested and of course, the money being haemorrhaged from a depreciating asset

Again, probably not a fair question for the Supercar General forum but i'd be interested to hear the viewpoints of why owners have eventually sold up




Candellara

Original Poster:

1,890 posts

202 months

Monday 28th May 2018
quotequote all
Nano2nd said:
i've put it back as a warning that once you post it on the internet its probably there forever biggrin
Not at all - I guess you've heard of GDPR?

Pioneer

1,349 posts

151 months

Monday 28th May 2018
quotequote all
I sold my first Lambo to release some cash for an investment opportunity that arose at short notice. Was the right decision for me (and the family) at the time. I set myself a personal target of paying off my mortgage and making sure the family had a healthy guaranteed income for life should anything happen to me before I bought my 1st supercar. I probably could have got one in my 20's if push came to shove but I held off until I was almost 40. Great sense of achievement for me personally and was guilt-free as the family didn't have to go without. Spending time with the kids is where I miss out. Too many trips out when the sun was shining which I could have spent with them. If really annoys my wife that I give up sunny days to go and drive a car! 2 seaters aren't great for family trips when you have young kids. A few times we took 2 cars on family holidays which looking back was a bit pointless. I think I'll enjoy ownership more when the kids are older and don't want to hang out with us so much.

Nano2nd

3,426 posts

276 months

Monday 28th May 2018
quotequote all
Candellara said:
Not at all - I guess you've heard of GDPR?
yup i've heard of it

Superleg48

1,525 posts

153 months

Monday 28th May 2018
quotequote all
Candellara said:
Not at all. I deleted the original question after the realisation that it's response within a Supercar thread would invoke the type of response that it's had :-) Maybe there should be an ex-Supercar owners thread :-)

Still begs the question though as Supercar ownership in my experience is often an aspirational one - but at what cost?

It simply dawned on me that that my indulgence over the years has been at the expense of my immediate family in terms of time often divested and of course, the money being haemorrhaged from a depreciating asset

Again, probably not a fair question for the Supercar General forum but i'd be interested to hear the viewpoints of why owners have eventually sold up
I think if you are asking yourself this question then the time is not right for you to own such an “indulgence” and by default you are answering your own question subliminally.

Ownership of these kind of cars should not bring guilt. It should bring joy. When you are ready to own one only with joy in your heart and no guilt or boring thoughts of “how much money will I make or lose” then the time is right. Pioneer recognised a need to step away at a certain point only to come back into the fold later. Perhaps therein lies the path you should take to resolve your personal dilemma.

Roof down

301 posts

146 months

Monday 28th May 2018
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I think the OP asked a very fair question, it’s unkind to respond in the manner that some of you have.
His dream might be to own a nice car whilst he can, but he’s balancing that against his feelings to others.
Maybe the times not quite right for him, he also could be struggling a little with money. Not everyone is lucky enough to own a Ferrari or such despite how ever hard they work!
To me a man such as him is a far nicer person to enjoy company with than a flash minted person who doesn’t care a jot about others.
He raises several real points, I don’t think any car costing 150k and upwards is worth the money, How can a 458 speciala be worth 300k plus even if you can afford, I would need many millions of unencumbered cash to justify having that sit around for high days and holidays, Most of us me included are in the poorer supercar bracket of under 100k, and like it or not we have to justify it, by which all have our own ways and means, Mike

Superleg48

1,525 posts

153 months

Monday 28th May 2018
quotequote all
Roofdown, the point I m trying to make, is that whatever budget Supercar you own (and I made no reference to specific amounts for the record) it should only bring you joy, not guilt. Therefore, the time to own one and the amount you spend on one should be driven by your circumstances and your determination of when the time is right to do it.

If you are racked with guilt, then I suggest the time is not right. Also, once you have decided the time is right, by default you should have taken care of those around you in order that you can own with joy not guilt.

Just because you own say a £150k Supercar, does not make you a less thoughtful and brash person than someone that owns a £70k car. What car you own and how much it costs does not necessarily determine what type of person you are and whether you are worth knowing.