Are LP560's cheaper in Autumn & Winter

Are LP560's cheaper in Autumn & Winter

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Discussion

Balthazar

Original Poster:

26 posts

107 months

Friday 26th June 2015
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Hi

I am looking at buying an LP but can wait till October & November time. Do the prices come down over this time or do they stay the same?

Any help appreciated.

Thanks

B


Balthazar

Original Poster:

26 posts

107 months

Monday 29th June 2015
quotequote all
Hmmm. Im not so sure. The summer has been pretty awful so far and not many cars are being sold. Prices are certainly healthy and I see a lot of dealers buying private cars only to remarket them at £8k+ again. So that may give a false sense of movement of cars sold.

Balthazar

Original Poster:

26 posts

107 months

Thursday 9th July 2015
quotequote all
EpsomJames said:
I suspect prices will be higher by end of year.

Pre-LP Gallardos are rising and starting to prop up prices of early LPs.
At the moment we are experiencing an asset bubble similar to the housing market when mortgages were available with 0% deposit.

All the cheap money in the system is looking for a home and the lead in 'appreciating' values are Ferrari's as has happened historically.

The prediction is that the Bank of England will raise interest rates first quarter of 2016 by at least 0.25% and this will mean the cheap money will not be so cheap any more especially with almost sheer certainty that interests cannot go any lower so are going to go up.

Ofccourse, if the economy tanks for whatever reason then all bets are off and prices will crash again.

I think we are at the tail end of the 'party' of cheap money.

Balthazar

Original Poster:

26 posts

107 months

Friday 10th July 2015
quotequote all
Interesting. It seems these cars are not so seasonal as I had thought.

Balthazar

Original Poster:

26 posts

107 months

Sunday 19th July 2015
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controlz said:
Well I'm hoping there will be more Spiders on the market come Autumn as I'm not having much luck finding one yet!
There are more spyders then coupes for sale at the moment? Is it a certain spec you want?