While most people in the world aren't seeing their wages going up at all, the people at the top of the income ladder have never been doing better. One thing that these super rich people are spending their money on is supercars.
At the Geneva Auto Show there were plenty of six-figure supercars debuted. Lamborghini unveiled its Huracan @ $181,900, Ferrari debuted its California T @ $205,000, and McLaren showed off the 650S, which only costs $326,100. And if those were too mainstream for you, there is always the Porsche 918 Spyder that costs an astonishing and unimaginable $845,000 (I wonder how many starving people could be fed by that chunk of change.)
Supercar sales dove drastically in 2008, but quickly people realized that they were still rich, and now supercar sales have never been better.
Frankfurt based analyst Juergen Pieper, explains, "The supercar segment will grow, simply because there are more and more affluent people globally. They can spend €500,000 on a vehicle without blinking an eye."
Another reason that supercars will continue their record sales are the profit margins on them. For example, Fiat made a 12.3 percent profit amrgin on its Ferraris and Maseratis, which is much higher than the 3.3 percent margin on its mainstream vehicles.
I hope this brings some clarity to why these ridiculously expensive and fast cars are selling so well. If I had the money, I'd probably buy one as well.