What's Causing Supercar Prices To Dramatically Drop? - CarBuzz

First and foremost, this situation does not apply to everyone. Having a fairly sizable bank account is still important. According to an MSN report citing auto analyst firms Thinknum and Sanford Bernstein, prices for supercars and ultra-luxury cars are coming down for a number of reasons. In other words, it’s a good time to buy if you’re in the market. Okay, so what’s going on here? It appears the issue boils down to too many of these vehicles flooding the market.

"Values peaked in 2017 and are now falling – for both old cars and newer stuff,” said Max Warburton, auto analyst at Sanford Bernstein, to investors. For example, average car prices for used Aston Martin, Rolls-Royce, and Lamborghinis, in particular, have dropped sharply, according to Thinknum, which assessed data from over 130 auto retailers across the US for USA Today.

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https://carbuzz.com/news/what-s-causing-supercar-prices-to-dramatically-drop

2019-06-13 04:34:30Z
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