|Topic Review (Newest First)|
|03-24-2014 05:02 PM|
It's kinda funny how on one hand I'm thinking, "how does anyone afford these super expensive cars," and on the other hand, more supercars are being sold than ever. I guess they are like collectors items now. All those celebs on Cribs like to collect them. Meanwhile most people are going for budget brands and used cars. All you can do is laugh.
|03-24-2014 04:43 PM|
|03-21-2014 06:01 PM|
|rwdftw||classic example of the rich becoming richer.|
|03-21-2014 03:48 PM|
And a lot more rich people all over too. China and India being some developing nations making an impact, more so China
|03-20-2014 05:57 PM|
|Mr.Sullivan||consider QE. Inflating the stock market inflates the banks accounts at the top of the ladder...|
|03-20-2014 03:11 PM|
And there's a lot more supercars to come out, we should see this go up even more
|03-20-2014 11:57 AM|
It's never been a better time to sell supercars
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.