Are LP560's cheaper in Autumn & Winter
Discussion
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. Pre-LP Gallardos are rising and starting to prop up prices of early LPs.
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.
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