Bugatti suffers terrible depreciation
23 April 2011, 08:13 AM
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Bugatti suffers terrible depreciation
You can pick up a 2008 car for a mere £650k!!!
OK - this is a lot. But it is a lot less than they cost and usually cars like this simply do not depreciate. Everyone clearly knows it is just an overblown Audi TT!
How much is a McLaren F1 now? Or an Enzo? Or an F40, or F50?
OK - this is a lot. But it is a lot less than they cost and usually cars like this simply do not depreciate. Everyone clearly knows it is just an overblown Audi TT!
How much is a McLaren F1 now? Or an Enzo? Or an F40, or F50?
just sell a few shares!
23 April 2011, 10:52 AM
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That is interesting and shows that as you have said Trout the Veyron doesn't seem to have that collectors value that certain other very exclusive hyper cars have had in the past
23 April 2011, 11:01 AM
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I know a guy who owns one and he told me that a full set of tyres and its first service cost him 38K....................
I certainly know what my thoughts are on that ! LOL
I certainly know what my thoughts are on that ! LOL
Last edited by Ricky; 23 April 2011 at 12:26 PM.
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23 April 2011, 10:32 PM
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25 April 2011, 05:00 PM
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I can't think who with enough money to have one would want one? Unless you've got enough to just be able to have it for the novelty, i.e. very wealthy. But tbh I would rather have a Ferrari, Lambo, etc, any day! Doesn't appeal at all.
25 April 2011, 05:23 PM
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I think it's about one upmanship isn't it?
People like you and I would love to have a Lambo/Ferrari because we love cars. For many people it's as much status symbol as a car passion and when all your mates drive Ferraris, Lambos, Astons you need something that can put them in their place.
Something that says to those around you...'you may be rich, but I am richer and here is the proof'
Not having a go at anybody who does that, its a personal chioce.
People like you and I would love to have a Lambo/Ferrari because we love cars. For many people it's as much status symbol as a car passion and when all your mates drive Ferraris, Lambos, Astons you need something that can put them in their place.
Something that says to those around you...'you may be rich, but I am richer and here is the proof'
Not having a go at anybody who does that, its a personal chioce.
25 April 2011, 07:48 PM
#19
holy smoke!Still can't get excited over them despite the stats.
There are some stunning hyper cars out there at the moment.Veyron looks like it took a shovel in the face
25 April 2011, 07:50 PM
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For a million Euros...
...a Veyron; a Pagani or a Ferrari 599 XX - you choose...
...Yep, too easy to eliminate one with no pedigree and no class!
...a Veyron; a Pagani or a Ferrari 599 XX - you choose...
...Yep, too easy to eliminate one with no pedigree and no class!
26 April 2011, 11:18 AM
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I am not so sure of that. Many wealthy people are wealthy as they do not give their money away easily.
They also (optimistically perhaps) justify their garages as investments.
Whatever the answer - Veyron demand just isn't strong.
They also (optimistically perhaps) justify their garages as investments.
Whatever the answer - Veyron demand just isn't strong.
26 April 2011, 11:53 AM
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A near halving in price is a big hit however well off you are.
A lot of wealthy people got there and stay there by being thrifty.
A lot of people that get rich then do daft things don't stay rich for long.
A lot of wealthy people got there and stay there by being thrifty.
A lot of people that get rich then do daft things don't stay rich for long.
Last edited by Matteeboy; 26 April 2011 at 11:54 AM.
26 April 2011, 12:09 PM
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He has had a chauffeur driven Focus for years (even though it is totally bashed up) and finally only replaced it when it got a big hole in the drivers door when a lorry hit it.
When replacing it he turned down fantastic (free?) offers from Bentley, RR, Maybach, Merc etc to get a Mondeo!