Huracan pricing bubble

Lambo2018 said:

No arguments with the fragile nature of car markets but, all things considered, I am sure many of us can live with, and accept, the probable 25% to 30% depreciation that may be either impending or around the corner. For the rank and file enthusiast the above rate of depreciation was baked into our psyche pre-pandemic, and was accepted as the cost of doing business.

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Scrappy said:

Agree. I feel there is far too much speculation and overthinking about what future values may or may not be. Bake in 30% deprecation over 3 years on new cars and just carry on as we always have done.

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Completely agree. As long as you buy new, you’re ok. At worst, back to normal depreciation as is past. Cost of doing business.

That is very interesting 🧐

We will see how dealer pricing and inventory changes this next month

Huracaan said:

Speaking of bubbles...

We have members on here claiming Ultimae's are selling for over a million because dealers are claiming there selling for over a million. I've posted numerous times it's dealers BS'ing because the cars are selling for way less because they're getting traded between dealers.

Well this Utlimae sold for close or below list price which indicates how massive of a supercar bubble we have here in NA.

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If this is a car that has never been totaled, can the market be that far off between regions? Is £388K even sticker on that spec?


Just did a little research…..lol.
Lambos here in the US are certainly overpriced!

RayVegas said:

If this is a car that has never been totaled, can the market be that far off between regions? Is £388K even sticker on that spec? Just did a little research…..lol.
Lambos here in the US are certainly overpriced!

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Nope, no salvage history.

I believe UK coupe MSRP was around £342k so maybe this car is 365-70k'ish. Nowhere near what dealers are asking for around here, in fact you can buy 2 Ultimae's in the UK for the price of one in the US and still have money left over for an EVO or Urus lol.

Not a good sign for a so called "final limited edition" car which in reality is just another A and it should be an warning sign that the US car market is in a massive bubble.

Huracaan said:

Nope, no salvage history.

I believe UK MSRP is around £342k so maybe this car is 365-70k'ish. Nowhere near what dealers are asking for around here, in fact you can buy 2 Ultimae's in the UK for the price of one in the US and still have money left over lol.

Not a good sign for a so called "final limited edition" car which in reality is just another A and it should be an warning sign that the US car market is in a massive bubble which is waiting to implode.

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What a divergence in price! I know UK cars are right hand drive, but I’m sure people have to look into importing from countries that are left hand drive like we are here…..

STOs are listed from £329-£359K

RayVegas said:

What a divergence in price! I know UK cars are right hand drive, but I’m sure people have to look into importing from countries that are left hand drive like we are here…..

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And remember right hand Lambos are rarer because Lambo doesn't produce that many of them so the Ultimae in the UK is ultra rare. The fact that collectors in the UK have rejected this car and refuse to pay crazy over lists speaks volumes about it's collectability status.

My advice has always been is to wait to buy an A because once the replacement is announced the A's will plummet in value. There's just way too many of them around for them to be considered "collectible" in the near term.

Edit:

STO's in the UK aren't moving and there's plenty of allocations so expect prices to fall. Seen Through Glasses podcast from a few weeks ago talked about dealers having trouble selling the STO.

I had zero idea the market was so divergent and a US/Canadian thing only. Have been saying that these prices are a sell, but like Huracaan, I’ll downgrade it to a short

Huracaan said:

The fact that collectors in the UK have rejected this car and refuse to pay crazy over lists speaks volumes about it's collectability status.

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i'm curious about the future price of the countach.

MPLC said:

i'm curious about the future price of the countach.

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All variants have increased over the past five years
Increases are different depending on which year and model with the anniversary and qvfi lagging behind the down draft.
It would be hard to see any countach reducing at this point due to its iconic status and rarity

Huracaan said:

My advice has always been is to wait to buy an A because once the replacement is announced the A's will plummet in value. There's just way too many of them around for them to be considered "collectible" in the near term.

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I love Lamborghini's cars but they really need to work on protecting the value of their cars. I don't love Ferrari but I do respect how much they try to protect the brand's value.

NeedMoreCoffee said:

I love Lamborghini's cars but they really need to work on protecting the value of their cars. I don't love Ferrari but I do respect how much they try to protect the brand's value.

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The difference is how HQ handles allocations and prices.

For example, Ferrari dealers need permission from the factory if they want to lower the prices on stock cars whereas with Lambo it's up to the individual dealers. Same thing with allocations, Lambo dealers decide who get allocations for limited models.

The Ultimae is worth list and the owner was lucky he got what he got. Dealers in the US and even Canada who think they're smart by manipulating the market are about to get a nasty dose of reality once more Ultimae's in the UK and Europe start selling for list. Comps are comps.

The days of easy money in the car market are coming to end and good luck to the bagholders who paid close to a million dollars for an Ultimae.

Huracaan said:

Speaking of bubbles...

We have members on here claiming Ultimae's are selling for over a million because dealers are claiming there selling for over a million. I've posted numerous times it's dealers BS'ing because the cars are selling for way less because they're getting traded between dealers.

Well this Utlimae sold for close or below list price which indicates how massive of a supercar bubble we have here in NA.

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Got me looking into the European market and wow what a difference. Not sure why they're so much cheaper than North America. You can get a high mileage 610 for around $220k CAD. Something similar in Canada would still be $260-$280k.


Talking to salesmen at dealers last few weeks, they're all predicting the market won't cool off for another 2 years

No idea how Pfaff manages to sell their cars

Huracaan said:

Salesmen and realtors:

View attachment 313523


And Pfaff is the Canadian version of Mclaren Charlotte. They've pissed off some authorized dealers by flipping limited edition cars, cars which the AD's weren't allowed to flip. Not that I feel sorry for the AD's but these dealers do have a gentleman's agreement which Pfaff doesn't care about since they got new owners. And from what I heard some of the AD's are now refusing to sell limited edition cars to customers who want to use Pfaff for financing and leasing.

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Mclaren Charlotte are God-tier. Currently trying to flog a 6 year old LP 580 for 50k over MSRP.

Btw, here's another Ultimae in the UK listed for even cheaper...

Performante's seems to be at pretty low prices in the UK too...

In China, STOs supposedly are not in demand and have to be discounted. Porsche GT4RS sell at sticker. Too bad their import duties are too high, or you’d be able to import them for profit. They are left hand drive there, unlike the UK. I can understand 10-25% market differential but some of these are insane.

RayVegas said:

In China, STOs supposedly are not in demand and have to be discounted. Porsche GT4RS sell at sticker. Too bad their import duties are too high, or you’d be able to import them for profit. They are left hand drive there, unlike the UK. I can understand 10-25% market differential but some of these are insane.

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I guess it looks too extreme for them? Thar's the car I truly want in the Huracan line up. No other cosmetic mods needed for me.