Huracan pricing bubble

Hogdogfatkat said:

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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Similar situation with a 720S I was recently going to pull the trigger on and drive for a year. Seeing the wholesale data scared me off, as the prices are coming down quickly.

lambo_dream said:

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

http://imgur.com/f9Yheqy

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My local boutique dealer just dropped $100k off a 2020 SVJ this week, from $1.1m to $1m. Keep it coming!

SpiderBull16 said:

My local boutique dealer just dropped $100k off a 2020 SVJ this week, from $1.1m to $1m. Keep it coming!

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Just shows how they throw a number up hoping it will stick and snag a victim.

lambo_dream said:

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

http://imgur.com/f9Yheqy

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I love these moments. Golden.

Calgary based dealer sold this overpriced LP700 last week and congratulated the "new" owner on IG...turns out the new owner is another dealer lol.


You'll see a lot of this in the coming weeks and months, dealers swapping cars between each other and trying to manipulate the market. It's not going to work.

Huracaan said:

Calgary based dealer sold this overpriced LP700 last week and congratulated the "new" owner on IG...turns out the new owner is another dealer lol.

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You'll see a lot of this in the coming weeks and months, dealers swapping cars between each other and trying to manipulate the market. It's not going to work.

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So they actually plan the "these cars are selling fast" game...?....wow.

Why won’t it work? Eventually someone will give up and want to buy a lambo for whatever price.

static_analysis said:

Why won’t it work? Eventually someone will give up and want to buy a lambo for whatever price.

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Some will go ahead and over pay but not many. Huracaan mentioned the other day we don't have the population so wealthy to buy all these cars at ultra inflated prices. In my opinion these cars are mostly limited to big cities. In many places the area for a car like that is completely a waste, not enough road to drive, or even driveable.

Let's take the H example, now there's 63 cars for sale, that means you need another 63 guys who have even deeper pockets than the first set who WANT to pay this significant mark up. As we saw in the previous 4 months not many decided to do so. Plus as we mentioned driving season is getting real short then 5 months of snow.

Actually that number has gone up, it's now 65 H's for sale which is insane. I also noticed 488's have ticked up as well.

Huracaan said:

Actually that number has gone up, it's now 65 H's for sale which is insane. I also noticed 488's have ticked up as well.

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Any arancio borealis under 240K by any chance? Haha.

Luzifer said:

Any arancio borealis under 240K by any chance? Haha.

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What mileage are you aiming for in that price range? It looks like theres a few around the $250k-260k range with higher mileage (around 50k kms).

Im not sure if 30k kms would be considered high, but there's a couple for $280s. I think $260k for a low mileage (under 20k kms) would be fair. But maybe someone can correct me.

Luzifer said:

Any arancio borealis under 240K by any chance? Haha.

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Too bad you’re not in the USA.

lambo_dream said:

What mileage are you aiming for in that price range? It looks like theres a few around the $250k-260k range with higher mileage (around 50k kms).

Im not sure if 30k kms would be considered high, but there's a couple for $280s. I think $260k for a low mileage (under 20k kms) would be fair. But maybe someone can correct me.

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I discussed this earlier, read this.

Hogdogfatkat said:

Too bad you’re not in the USA.

https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=carGurusHomePageModel&entitySelectingHelper.selectedEntity=d2285&zip=85383#listing=335257798/NONE

https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=carGurusHomePageModel&entitySelectingHelper.selectedEntity=d2285&zip=85383#listing=334055318/NONE

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Funny how the our cheapest 2019 (Specific year) Spyder is 369K, Though there are few older cars that are cheaper.

If our money was worth yours or car prices as low then a whole lot more people would own these.

Hogdogfatkat said:

Not this one by any chance? https://www.cargurus.com/Cars/inven...ty=d2285&zip=85383#listing=333063441/FEATURED

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Update:Car Gurus notified me today that it sold. I contacted the SA and asked what it sold for and he said 1k below list $248k. Who knows if that’s true, but I had to ask.

It was an H 2018 convertible rwd with 8k miles. Green exterior with black interior (w/green stitching)

lambo_dream said:

This one sold for $260k 10 months ago (if it's the same one I'm thinking) . Now re-listed at $327k. Will be a while before things normalize I feel

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Another $10k drop on this one bringing it to $310k. Total price drop of $20k so far.

Here’s the exact color combo I want but I’m always cautious when the pictures don’t match the description. Makes me not even reach out to make an offer.

2018 LP 580-2 on AT

Hogdogfatkat said:

Here’s the exact color combo I want but I’m always cautious when the pictures don’t match the description. Makes me not even reach out to make an offer.

2018 LP 580-2 on AT

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Seems inexpensive compared to here so what should it go for south of the border?

RayVegas said:

I guess Charlotte Maclaren can man up, buy it and mark it up $100K…..lol. Let’s see how cornering the market works out for them.

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Guess Charlotte/Boston Maclaren is also starting to panic. First sub $500K car theyve listed and still overpriced. Look out below……

RayVegas said:

Guess Charlotte/Boston Maclaren is also starting to panic. First sub $500K car theyve listed and still overpriced. Look out below……

Autotrader - page unavailable

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13 STOs under $500k, this is only the beginning, imo.