[RayVegas]

Wow! Sales people? Admin? Service? All of the above? That's sad to read.

Sorry. On car prices, not employees!

 

[Jr Mint]

Wow! Sales people? Admin? Service? All of the above? That's sad to read.

Price cuts on cars….

 

[static_analysis]

If they were letting go of employees then you’d know things are really dire.

 

[Lambo2018]

I think I can detect several categories of posters, those interested in the market trends, those remorseful they sold their cars and are seeking solace in the probable downward shift, and those trying to foment the market. Though, clearly, some poster could have more than one of the above motives or other motives I have failed to mention.
Curiously, sometimes I see people posting about the bubble bursting, and yet, that I have never observed them talking about driving their cars….investors/speculators? DK
Proving once again we have an eclectic group.

 

[Rcasa20]

Sorry. On car prices, not employees!

Ohhhh…haha…much better!!

 

[Huracaan]

It's great we have so many opinions in this thread but I think the last 2 years has made people immune to cars going up in value and they've totally forgot what a normal car market look like pre-pandemic. That's dangerous because there's some people buying these cars who are expecting $50k+ ROA upon delivery and not expecting to take a hit.

I personally don't care if the bubble bursts, I just want the car market to stabilize so prices stabilize and get the flippers out. If the market doesn't stabilize and the bubble gets bigger we'll just have a prolonged correction which is bad news for everyone who owns these cars. At the end of the day we all care about values because no one likes to lose a ton of money.

 

[Hogdogfatkat]

May 14th I noted 355 USA nationwide huracans on the market. As of today there are 386 now on the market nationwide (USA).

We know dealers don’t take their listings down when sold but assuming 355 were all dealers with stagnant inventory (obv not true), we’ve seen another 31 hit the market.

 

[RayVegas]

Historically, Lambos have not been appreciating assets. Also, used car prices were usually capped by new car/models prices. The last 2 years are an anomaly, I believe, and unsustainable long term. I’ve made my bet and I’ll watch what happens. Maybe I’m wrong but I don’t believe I will be.

 

[lambo_dream]

As a prospective / hopeful buyer, I would not want Huracan prices to “crash”. That would decrease the brand’s exclusivity and prestige IMO. Similar to how BMWs/Mercedes were a symbol of luxury in the 80s. Today, any 18 year old can go lease one for $300/month. You can buy a used 7 series for $15k.

It would just be nice if 6 year old used Huracans weren’t selling for close to a brand new EVO or Tecnica . You feel like you’re getting ripped off big time and it’s crappy feeling. 10-15% below MSRP would be great but one can dream.

 

[Hogdogfatkat]

As a prospective / hopeful buyer, I would not want Huracan prices to “crash”. That would decrease the brand’s exclusivity and prestige IMO. Similar to how BMWs/Mercedes were a symbol of luxury in the 80s. Today, any 18 year old can go lease one for $300/month. You can buy a used 7 series for $15k.

It would just be nice if 6 year old used Huracans weren’t selling for close to a brand new EVO or Tecnica . You feel like you’re getting ripped off big time and it’s crappy feeling. 10-15% below MSRP would be great but one can dream.

Mercedes, bmw, Lexus all mass produced lower tier models at lower prices to capture the middle class market and drive their prices down. Their leases are usually 600+/mo even for base models. However they market low leases because of putting 4-6k down on the lease, but in reality it’s closer to that $600 mark.

if Lamborghini wanted to go this route, I feel they would’ve started with the Urus and made it the new Range Rover for middle class moms.

 

[Huracaan]

May 14th I noted 355 USA nationwide huracans on the market. As of today there are 386 now on the market nationwide (USA).

We know dealers don’t take their listings down when sold but assuming 355 were all dealers with stagnant inventory (obv not true), we’ve seen another 31 hit the market.

Inventory has increased up here in Canada as well for both the H and A. Not a good sign because we're basically in the midst of the driving season and usually this is the time of year dealers have no inventory. At some point CDN dealers will have to face reality and start adjusting prices to move these cars before Sept/Oct because last thing you want is getting stuck with inventory during the long CDN winters.

Bottomline is there's too many H variants, too many cars produced and in the coming weeks and months we'll see a surge of owners trying to cash out. Supply will go up, demand will fall. Don't be shocked if H inventory in the US hits 500 and A inventory hits 200+.

 

[Vitveet]

Charlotte Lamborghini sales are robust indeed, and they sold quite a few cars over the past several days. The Viola Pasifae STO just arrived but curious to see how long that hangs around.

Find Lamborghini's for sale in Charlotte NC

View Lamborghini Charlotte's current Lamborghini's for sale in Charlotte NC. We have a great selection of new and used, Sports Cars, Exotics , and SUVs.

www.lambocharlotte.com

Have you ever visited Lambo Charlotte? They can fit 8-9 cars, maybe 10-11 if they space them right, on their showroom floor. Didn't count, but in that link it seems to be twice as many cars as they can physically fit.....it's not a large place by any means. I wonder if they're selling some of these vehicles while not physically in possession....?
With all that said they, I may stop by after the 4th of July as I'll be right around the corner.

V.

 

[Lambo2018]

Have you ever visited Lambo Charlotte? They can fit 8-9 cars, maybe 10-11 if they space them right, on their showroom floor. Didn't count, but in that link it seems to be twice as many cars as they can physically fit.....it's not a large place by any means. I wonder if they're selling some of these vehicles while not physically in possession....?
With all that said they, I may stop by after the 4th of July as I'll be right around the corner.

V.

No never have, in spite of the fact I am on my 4th Lamborghini in less than two years. I am considering flying or driving out to the dealership for the STO to at least say hello in person.

Possibly several of the cars are consigned and stored off site, DK.

 

[topcarbon]

Most dealerships have a storage area somewhere close

 

[Lambo8888]

Inventory has increased up here in Canada as well for both the H and A. Not a good sign because we're basically in the midst of the driving season and usually this is the time of year dealers have no inventory. At some point CDN dealers will have to face reality and start adjusting prices to move these cars before Sept/Oct because last thing you want is getting stuck with inventory during the long CDN winters.

Bottomline is there's too many H variants, too many cars produced and in the coming weeks and months we'll see a surge of owners trying to cash out. Supply will go up, demand will fall. Don't be shocked if H inventory in the US hits 500 and A inventory hits 200+.

I agree with your comment J.The Huracan production numbers are very large,this summer here in Europe, I see them literaly on every angle,from Milan to Bologna,Rome, Sardegna,+ many rental cars around (Huracan).For sure this model loses exclusivity,and after the new models came out,this market will be hit very hard.The problem is that, this brand follow the steps of Porsche- marketing, management, philosophy and will lose prestige even more than this moment

 

[Huracaan]

I agree with your comment J.The Huracan production numbers are very large,this summer here in Europe, I see them literaly on every angle,from Milan to Bologna,Rome, Sardegna,+ many rental cars around (Huracan).For sure this model loses exclusivity,and after the new models came out,this market will be hit very hard.The problem is that, this brand follow the steps of Porsche- marketing, management, philosophy and will lose prestige even more than this moment

Yup, Lambo is taking a page out of the Porsche playbook but not surprising because Porsche is running the show behind the scenes.

And Winkelmann's ethos as CEO is basically milk the same model over and over and over again. Take a look at what he did with Bugatti. It's a brilliant business plan to keep selling the same model because there's litereally no R&D costs and you're padding your profits but it's bad for brand exclusivity.

 

[Jr Mint]

Something no one has taken into consideration is that out of 385 Huracans for sale on autotrader, only 17 are for sale by owner. Out of 168 Aventadors for sale, 0 are by owner. Prices aren’t changing any time soon as long as dealers are holding all the cars. That’s my opinion

 

[AngelOfMurci]

Something no one has taken into consideration is that out of 385 Huracans for sale on autotrader, only 17 are for sale by owner. Out of 168 Aventadors for sale, 0 are by owner. Prices aren’t changing any time soon as long as dealers are holding all the cars. That’s my opinion

I’m 100% sure, that when an owner car gets sold at an honorable price, it’s being scooped up by a dealer and thrown into long term storage.

 

[SL55]

I think that stat is a bit skewed because in this market dealers are paying good money for used cars and buying cars directly from clients hence why there's a lack of private listings.

 

[Jr Mint]

I think that stat is a bit skewed because in this market dealers are paying good money for used cars and buying cars directly from clients hence why there's a lack of private listings.

Agreed, which is why in my opinion why the prices will remain high for a while.