[angry banker]

Buy gold if you want a hard asset. Why buy a car that has maintenance and insurance costs? Buy real estate that you can rent out for cash flow. Holding a car has negative cash flow annually…..

Yeah I don’t think an asset that has depreciated in pretty much all of recorded history until very recently is a great place to park your money when the stock market is falling off a cliff.

 

[SL55]

This will be an interesting thread to bump 6 months from now...

 

[RayVegas]

This will be an interesting thread to bump 6 months from now...

True……

 

[2Tired]

What I meant is a portion of the young crowd, of course not they aren't fueling the entire thing! Like a lot of things in life a mixture adds up to a whole.

What I define as a young crowd isn't necessarily 20 year old's. What's the portion I don't know but more new owners than if there weren't any recent youtubers.

I'd imagine that the number of their younger viewers who're actually in a position to buy a car in this range is miniscule.

 

[Dreamformante]

Yeah I don’t think an asset that has depreciated in pretty much all of recorded history until very recently is a great place to park your money when the stock market is falling off a cliff.

The problem with commodities is that when things in the stock market do go bust, people tend to panic and when they panic they sell. Everything appears to them as risky apart from cash.

On one hand gold is supposed to be the safest bet, on the other people realize they can't really buy food with ingots.
Also, a lot of it is traded virtually meaning that it is on the balance sheets of the institution, which causes concern in the case of bankruptcy of said institution

 

[Luzifer]

I'd imagine that the number of their younger viewers who're actually in a position to buy a car in this range is miniscule.

When I think younger viewers I think those who are in their 20's, 30's, 40's. Those videos will give some the spark to go out there and earn more or like Dave said reverse engineer a plan to get there. I know it fueled me even more and I changed my strategy.

What I read on other forums on how much a lot of young American employees make they aren't out of reach as much as I once thought.

 

[2Tired]

When I think younger viewers I think those who are in their 20's, 30's, 40's. Those videos will give some the spark to go out there and earn more or like Dave said reverse engineer a plan to get there. I know it fueled me even more and I changed my strategy.

What I read on other forums on how much a lot of young American employees make they aren't out of reach as much as I once thought.

As an American, in the middle of your specified age ranges, who also lives near an extremely affluent area (especially known for people desperate to be perceived as wealthy, aka the $30k millionaires), I am almost always one of the youngest guys in any of the very large exotic groups here. We will often times have upward of 30+ Huracans, 20+ 720S, 20+ Vipers, Bugattis, Paganis, La Ferraris, etc, at our local shows, and the vast majority of the owners are 50+.

I personally think that what you're reading online is VERY much blown out of proportion.

 

[3POINT8]

As an American, in the middle of your specified age ranges, who also lives near an extremely affluent area (especially known for people desperate to be perceived as wealthy, aka the $30k millionaires), I am almost always one of the youngest guys in any of the very large exotic groups here. We will often times have upward of 30+ Huracans, 20+ 720S, 20+ Vipers, Bugattis, Paganis, La Ferraris, etc, at our local shows, and the vast majority of the owners are 50+.

I personally think that what you're reading online is VERY much blown out of proportion.

Same here in my club events. I've been called "kiddo" and "youngster" and I'm almost 40. Nearly everyone is 60+ (and drive like it).

 

[Kratos]

One thing this thread proves.....no one knows.

 

[2006m5]

One thing this thread proves.....no one knows.

exactly

 

[Hogdogfatkat]

The Number of huracan listings on Autotrader, as of the writing of this post, have increased to 368 (USA - Nationwide). 3 of them are right under $200k. 2 of those 3 are salvage titles. The non salvage has just under 100k miles, and we’re talking barely under.

several have price reduction flags.

 

[Huracaan]

I believe A inventory has increased as well and Mclaren Charlotte is at it again.

They bought this Ultimae for well under a million and listed it for $1.4m even though the same car sat on the market and the previous dealer couldn't find a buyer at $999k.

McLaren Charlotte Dealership | Serving The Greater Charlotte Area

Our McLaren Charlotte, NC Dealership offers new or used McLaren's, financing, and servicing. Discover your future McLaren online or visit us today!

www.charlottemclaren.com

 

[Lambo2018]

I believe A inventory has increased as well and Mclaren Charlotte is at it again.

They bought this Ultimae for well under a million and listed it for $1.4m even though the same car sat on the market and the previous dealer couldn't find a buyer at $999k.

McLaren Charlotte Dealership | Serving The Greater Charlotte Area

Our McLaren Charlotte, NC Dealership offers new or used McLaren's, financing, and servicing. Discover your future McLaren online or visit us today!

www.charlottemclaren.com

McLaren Charlotte has always had insane, out-of-control pricing.

 

[RayVegas]

I believe A inventory has increased as well and Mclaren Charlotte is at it again.

They bought this Ultimae for well under a million and listed it for $1.4m even though the same car sat on the market and the previous dealer couldn't find a buyer at $999k.

McLaren Charlotte Dealership | Serving The Greater Charlotte Area

Our McLaren Charlotte, NC Dealership offers new or used McLaren's, financing, and servicing. Discover your future McLaren online or visit us today!

www.charlottemclaren.com

McLaren Charlotte has always had insane, out-of-control pricing.

Guess they’re trying to corner the market and push prices up……
Lets see how it works out in the end.

 

[SL55]

Mclaren Charlotte gets a lot of the Canadian Lambos which they buy for cheap and flip for massive profits.

 

[2006m5]

Mclaren Charlotte gets a lot of the Canadian Lambos which they buy for cheap and flip for massive profits.

All speculation and games....the dealers with biggest balls win the most.

 

[RayVegas]

All speculation and games....the dealers with biggest balls win the most.

Unless the bubble pops and they get castrated

 

[RayVegas]

I still dont get how Charlotte Maclaren would be able to sell cars at their crazy prices? I mean they have several STOs at $50-75K over what Charlotte Lamborghini has on their lot. I assume people would compare the inventory between 2 dealers in the same city?

 

[Lambo2018]

I still dont get how Charlotte Maclaren would be able to sell cars at their crazy prices? I mean they have several STOs at $50-75K over what Charlotte Lamborghini has on their lot. I assume people would compare the inventory between 2 dealers in the same city?

Their pricing has always been stratospheric, though, in actuality, we have no idea what they sell these cars for. Maybe they over price them to give the customers the illusion of a healthy discount upon sale.

 

[Mlarco52]

Their pricing has always been stratospheric, though, in actuality, we have no idea what they sell these cars for. Maybe they over price them to give the customers the illusion of a healthy discount upon sale.

Kinda like how stores during sale season will slap on a $70 sticker on a $35 shirt and then have a giant 50% off sign... People fall for it everytime...