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In Europe prices are coming down it seems...
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And in my selected EU-countries (with lefthand cars), there's right now 631 Huracans for sale. Will be (if you're all interested in it) keep posting every now and then on this numbers...
 

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In Europe prices are coming down it seems...



And in my selected EU-countries (with lefthand cars), there's right now 631 Huracans for sale. Will be (if you're all interested in it) keep posting every now and then on this numbers...
At 152K EUR it equals to 200K CAD and that means they never reached that low in the first place. Fascinating.
 

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They're into deep so they'll ride it out as long as they can. Also keep an eye on new luxury cars in Canada because the LT will result in cancelled orders and there's a possibility car manufacturers might have more supply than demand come next spring.

Tech companies are already in trouble because they're sitting on stockpiles of products (phones, video cards, etc..) they can't sell.
I wonder though if there's going to be a lot of cancelled orders because right now only the Technica is available but not really since from what I understand based on forum comments it is a small production run and it was "sold out / vip reserved?" on it's reveal. On the flip side I assume the Lux tax will add an extra about 34K to a 300K car(Example), (300K x 1.13-1.15% sales tax x 1.10% Lux tax = 373K). How many will stomach the increase and that much tax!
 

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Shorts pay the dividend
Shorts are a vital kog in Darwinian controls
I personally don’t short equities.
The only kind of shorting I hate is naked shorting… where large hedge funds shorts a stock without securing or getting an allocation for the shares. Naked shorting can force companies into bankruptcy. It’s sad that the SEC doesn’t enforce penalties for naked shorting.
This is illegal and you can't naked short. It's actually not possible to do it as an SEC registered hedge fund with legitimate prime brokers. I take it you're probably referring to how at one point GME had shorts at over 100% of float. This was due to synthetic short inventory being created but that will always be around and there's really no way to prevent it.
 

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This is illegal and you can't naked short. It's actually not possible to do it as an SEC registered hedge fund with legitimate prime brokers. I take it you're probably referring to how at one point GME had shorts at over 100% of float. This was due to synthetic short inventory being created but that will always be around and there's really no way to prevent it.
I’m actually referring to the illegal shorting that big hedge funds were doing a couple decades ago.
The SEC basically ignored the activity. When a couple companies took it to court and won, the SEC immediately turned around and punished the companies that complained.
 

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I’m actually referring to the illegal shorting that big hedge funds were doing a couple decades ago.
The SEC basically ignored the activity. When a couple companies took it to court and won, the SEC immediately turned around and punished the companies that complained.
Understood - well it's illegal now. I think the requirement for locates came into play around '08.
 

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The dealer in Scottsdale I was talking to who then disappeared, has come back over a week later and said he’s bad at technology and emailing but wants me to come in…

my phone number is auto in my email signature so he could’ve called lol. Clearly he thought he had someone else on the hook for more and that person walked so now he’s coming back to me.

I told him the inventory is increasing daily with numerous price cuts, so I’m in a holding pattern now 😁
 

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I wonder though if there's going to be a lot of cancelled orders because right now only the Technica is available but not really since from what I understand based on forum comments it is a small production run and it was "sold out / vip reserved?" on it's reveal. On the flip side I assume the Lux tax will add an extra about 34K to a 300K car(Example), (300K x 1.13-1.15% sales tax x 1.10% Lux tax = 373K). How many will stomach the increase and that much tax!
Not many buyers will be able to stomach the tax because most buyers will want to make that tax back when it's time to sell but that's very unlikely. A lot buyers will think twice as the market trends down.
 

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Hopefully a sign that dealers are starting to come to their senses. This R8 I was interested in a few weeks ago was at $199k and they pretty much told me to F off when I tried to negotiate $10k. Now they're reconsidering


Tell him you'll get back to him Oct when the cars dropped another $20k lol.
 
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