The Car Market Is CRASHING! This Is Why…
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- เผยแพร่เมื่อ 12 ต.ค. 2023
- Welcome to our latest TH-cam video where we delve into the fascinating world of the declining supercar and used car market. Join us as we explore the reasons behind this phenomenon and uncover the crucial role that interest rates play in shaping the automotive industry.
In this insightful discussion, we'll analyze the key factors causing the decline in both the supercar and used car markets. We'll shed light on the impact of interest rates, explaining how they directly affect the affordability and attractiveness of these high-end vehicles.
Discover why declining interest rates have led to a surge in new car purchases, causing a subsequent decrease in demand for used cars. Uncover the economic forces steering the decline of the supercar market, with potential buyers opting for more financially viable options due to rising interest rates.
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Is it "tanking" or is it correcting? These have very different connotation and that flavors how you see what is happening and what is to come.
Def correcting from the post COVID boom.
You know things were getting crazy Chevy and Ford were selling pick up trucks with no amenities in them for $100,000. I'm mad I didn't purchase a Viper years ago when they were on my radar...
SVJ prices are about to tank once the Revueltos start getting delivered. $1M for SVJ roadsters and $800K for coupes is wishful thinking.
Buy a Gen 5 Viper and send it to Prefix for the 9L stroker upgrade. There’s nothing else that can provide the same experience: amazing looks and presence, race car chassis and suspension, 550 cubic inch of displacement, over 800 HP normally aspirated V10 engine, RWD, manual transmission, hydraulic steering, mechanical everything, but with just enough modern tech that dates the 90’s and early 2000’s cars. The Gen 5 Viper is the one to keep forever…and will increase in value over time.
Enjoying all of your content
Whatever your situation, enjoy the drive and don’t focus on values.
Unless you financed your way into the “hype bubble”, than I’m sorry for you, you’re about to learn a valuable lesson.
Oh and Classics FTW! 💪
could not agree more!
last weekend a carrera GT sold for 790k at auction and a veyron went for 800k. at the Bonhams Zoute sale.
920 euro’s veyron and 910 euro’s CGT about 1.1 + USD that’s the going market for them in UK the market in North America is higher for these this is what they’ve been at all year in the UK market
@@AmanToor_allure the UK market is indeed the only one that makes sense price wise and did not go ape shit.