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Huracan pricing bubble

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R

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#301 · (Edited)
Luzifer said:
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.
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I have no idea. I believe the import duty there is over 100% as well, so not many takers for a $700K+ car that’s primarily for the track only.
In Singapore, I hear it was around $900k to $1M new and now goes for same or less on secondary market.
 
D

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#307 ·
Lambo2018 said:
Ray......let me know when the bubble is about to burst and I will sell the day before. :giggle:
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In my speculative opinion, we won't see a burst.
I think that ultimately the car market is very much a derivative of the financial markets and so I tend to believe that the closest we will see to a burst would be fueled by a larger drop in finance. Which would cause enthusiast cars to sort of just stop being taken off from dealer lots(as they are now in some places) and then all of sudden dealers will once again be much more prone to negotiation on listed prices. However, I don't think that initially listing prices will drop, it will be months before dealers and private sellers for that matter start accepting the reality.

But that's just my view, I could be way of the mark here
 
angry banker

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#308 ·
Dreamformante said:
In my speculative opinion, we won't see a burst.
I think that ultimately the car market is very much a derivative of the financial markets and so I tend to believe that the closest we will see to a burst would be fueled by a larger drop in finance. Which would cause enthusiast cars to sort of just stop being taken off from dealer lots(as they are now in some places) and then all of sudden dealers will once again be much more prone to negotiation on listed prices. However, I don't think that initially listing prices will drop, it will be months before dealers and private sellers for that matter start accepting the reality.

But that's just my view, I could be way of the mark here
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I agree, short of an economic disaster, it will be a slow downtrend and prices will be slower to drop than was the case when they moved up.
 
R

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#309 ·
Dreamformante said:
In my speculative opinion, we won't see a burst.
I think that ultimately the car market is very much a derivative of the financial markets and so I tend to believe that the closest we will see to a burst would be fueled by a larger drop in finance. Which would cause enthusiast cars to sort of just stop being taken off from dealer lots(as they are now in some places) and then all of sudden dealers will once again be much more prone to negotiation on listed prices. However, I don't think that initially listing prices will drop, it will be months before dealers and private sellers for that matter start accepting the reality.

But that's just my view, I could be way of the mark here
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S&P index is off almost 20% off its highs and nasdaq stocks even more. The high beta, speculative stocks are even worse off since the start of the year……
 
LHP

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#310 ·
I’ve always accepted what the market is, you gotta understand and purchase cars base on how much you enjoy them. Save for classic cars or very rare one-offs cars, they should be enjoyed and not considered investments.

No matter what price you get, if you enjoy it, then it’s worth it. My friend passed away last week - 40 and extremely successful, Koenigsegg owner - I don’t think he ever bothered to care about his purchases of cars. He drove them well and enjoyed every bit of it all. Life is short, buy what you love if you can afford it -stop worrying about depreciation when it comes to cars.
 
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#311 ·
LHP said:
No matter what price you get, if you enjoy it, then it’s worth it. My friend passed away last week - 40 and extremely successful, Koenigsegg owner - I don’t think he ever bothered to care about his purchases of cars. He drove them well and enjoyed every bit of it all. Life is short, buy what you love if you can afford it -stop worrying about depreciation when it comes to cars.
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I agree, there is only the "now" and tomorrow is promised to no man. If your finances are in order, and can afford these obscenely priced cars, then as the Nike slogan states "Just Do It".
 
R

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#312 ·
Lambo2018 said:
I agree, there is only the "now" and tomorrow is promised to no man. If your finances are in order, and can afford these obscenely priced cars, then as the Nike slogan states "Just Do It".
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I agree with you, but even you have said you’d not touch an STO if you had to pay an ADM on it. While you and I were lucky enough to get one at MSRP, I won’t say the prices in the secondary market are “ok” to get in at the moment. I could be wrong as I’ve said often, but that’s just my opinion.
 
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#313 ·
RayVegas said:
I agree with you, but even you have said you’d not touch an STO if you had to pay an ADM on it. While you and I were lucky enough to get one at MSRP, I won’t say the prices in the secondary market are “ok” to get in at the moment. I could be wrong as I’ve said often, but that’s just my opinion.
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Yes, true, but I did the ADM dance with Porsche. Clearly, I prefer the deals I have managed with Lamborghini way better. ;) At the time with Porsche I was new to Sports Cars, and by paying the ADM I was able to get right into both a new 3RS and 2RS. Bottomline I had more money than patience, no regrets. :giggle:
My goal has never been to die and be the richest man in the cemetery.
 
R

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#314 ·
Lambo2018 said:
Yes, true, but I did the ADM dance with Porsche. Clearly, I prefer the deals I have managed with Lamborghini way better. ;) At the time with Porsche I was new to Sports Cars, and by paying the ADM I was able to get right into both a new 3RS and 2RS. Bottomline I had more money than patience, no regrets. :giggle:
My goal has never been to die and be the richest man in the cemetery.
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Nice…
Haha….you did pay your tuition fees at Porsche already 😂
 
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