CGT market was skewed by Paul Walker's death in one and it still hasn't 'recovered' so to speak.
Pretty much every cars traded in the last few years are all under water but no one wants to lose money on their investment, so there is a disconnect on what people are asking and what people are willing to pay. It may have a nice V10 but if a 'pristine' car is offered, likely it will be neglected and needed expensive major service to make it a runner.
P1 market, well I have stated the reasoning before, the performance is great, but the car itself doesn't quite have the merits to warrant the old price floor even with the limited number they made. McLaren itself isn't helping by outdating the car so quickly, a Senna, or even a 720S pretty much shamed it.
Objectively, 918, while produced in quite a big number as compared to the P1 or the LaFerrari, remains as the most complex car ever produced. The technology in it tops even current cars, it was a true 959 successor, and we all know how the 959 market holds up. It was the Ring King, not anymore, but it is still the fastest 0-60 car even 6 years later and on old tech tires. Of all cars traded hands, none of them followed the P1's foot steps to trade under MSRP. Likely also not going to happen ever. The against side argument is that it will be expensive to maintain as it is a complex car by default, but Porsche is actually holding servicing price steady and not outrageous.
SSO.:Just posted a new karenable blog on the Supercar Market as of Q3 2020:
https://karenable.com/supercar-market-update-q3-2020/
Comments?
Thoughts?
Very interesting article, you put a lot of thought into it. I may not be the target crowd though, I never cared about resale value.
Stupid question: A friend ordered a Jesko. Delivery around 2022. For his driving pleasure and as some sort of an investment. Does this make sense? How do you see the market for used Koenigseggs in the future? Thank you.
I have to agree with BjoernB that production numbers are essential but I also think that some cars are kind of sports car legends and the Carrera GT and maybe even the 918 could fit this description.
RC (Germany) - Rennteam Editor Lamborghini Huracan Performante (2019), Mercedes GLC63 S AMG (2020), Mercedes C63 S AMG Cab (2019), Range Rover Evoque Si4 Black Edition (2019)
Koenigseggs are in a segment that's not very liquid. People that buys them are mostly stuck with them. One of my friends got a early Agera R. Now he is bored with it but he can't get rid of it. It's stuck in a corner of his barn.
There is literally isn't a used car market for Koesigseggs, why bother buying second hand when one can just go straight to Christian and get a new one made to their order and get the whole Koenigsegg treatment from start to finish?
Whoopsy:Koenigseggs are in a segment that's not very liquid. People that buys them are mostly stuck with them. One of my friends got a early Agera R. Now he is bored with it but he can't get rid of it. It's stuck in a corner of his barn.
There is literally isn't a used car market for Koesigseggs, why bother buying second hand when one can just go straight to Christian and get a new one made to their order and get the whole Koenigsegg treatment from start to finish?
Thanks. Good points but I doubt my friend will listen to them. He is so excited to get one.
RC (Germany) - Rennteam Editor Lamborghini Huracan Performante (2019), Mercedes GLC63 S AMG (2020), Mercedes C63 S AMG Cab (2019), Range Rover Evoque Si4 Black Edition (2019)
I agree - the amount of buyers for Eggs and Paganis are probably a small bunch who repeatingly buy the newest and couldn't care less about depreciation. If somebody wants his money back it's probably very risky with a egg - and probably more safe with a Porsche or a Bugatti.
Oct 12, 2020 10:48:50 AM
BjoernB:I agree - the amount of buyers for Eggs and Paganis are probably a small bunch who repeatingly buy the newest and couldn't care less about depreciation. If somebody wants his money back it's probably very risky with a egg - and probably more safe with a Porsche or a Bugatti.
I can't see the Bugatti holding value especially the Veyron. they had hard to sell them first of all and the maintenance cost is just insane. I don't see how the Chiron will do better as soon as the top group is getting theirs then same story again. the buyer market for that price range is very very small.
GT Lover, Porsche fan
991.2 GT3 manual
Cayenne GTS 2014
RC:SSO.:Just posted a new karenable blog on the Supercar Market as of Q3 2020:
https://karenable.com/supercar-market-update-q3-2020/
Comments?
Thoughts?
Very interesting article, you put a lot of thought into it. I may not be the target crowd though, I never cared about resale value.
Stupid question: A friend ordered a Jesko. Delivery around 2022. For his driving pleasure and as some sort of an investment. Does this make sense? How do you see the market for used Koenigseggs in the future? Thank you.
The Koenigsegg market from what I can tell is a very weird one and doesn't seem to follow any of the logic markets normally do. Many K'eggs seem to be for sale for ever and yet prices never get reduced, in some cases, they actually are increased. Very few K'eggs ever really get driven (I have never seen one with over 20k miles on it) and they sit in collections or at dealerships. People talk about how fast K'eggs are in a straight line and the unique tech that goes into the cars but I have never heard anyone go on about what great driver's cars they are or called them the best car they have ever driven.
My guess is your friend should plan on owning the Jesko for a long time.