CloseJust posted a new blog on the Supercar Market as of Jan 2021
The Hypercar bubble looks to be dead and gone.
https://karenable.com/supercar-hypercar-market-update-january-2021/
Comments?
Suggestions on what will be great buys in 2021?
I agree with the main thrust of your blog. Sensibly priced high quality cars at all ends of the market are finding a very liquid market. However, there are still a lot of owners out there who are just not prepared to accept the new reality. Especially those that overpaid in 2016 to 2018. Particularly 2.7RS owners I find 
.
Interesting that you mention the 275 GTB as I have been looking for a 4 cam of late. I don't think the really good ones ( long nose and short nose, not 4 cam) will go down to $1.5M. The one at Gooding and Co just sold for $1.9M https://www.goodingco.com/vehicle/1966-ferrari-275-gtb-long-nose/ .
Jan 30, 2021 9:56:46 AM
When these cars will sit back to where they were at the beginning of last decade, it will be reasonable again.
I agree with you on the immediate cash return when flipping a new car; it is finally gone but also looking at what manufacturers released recently, it may explain it as well. Let's see this year when Porsche will release hot GT cars; it will be the gauge.
Current second hand market is flooded with everything and I can't see much moving. 
wait and see.
GT Lover, Porsche fan
991.2 GT3 manual
Cayenne GTS 2014
Jan 30, 2021 2:48:17 PM
A friend of mine visited a few dealers in Dubai recently and he said that what he saw was amazing, they had basically anything a car lover could wish for and they were trying to move these cars, even the ones with (supposedly) high demand. Prices definitely came under pressure but I guess the Dubai car market is different anyway.
RC (Germany) - Rennteam Editor Lamborghini Huracan Performante (2019), Mercedes GLC63 S AMG (2020), Mercedes C63 S AMG Cab (2019), Jeep Grand Cherokee Trackhawk (2019 EU)
crayphile:I agree with the main thrust of your blog. Sensibly priced high quality cars at all ends of the market are finding a very liquid market. However, there are still a lot of owners out there who are just not prepared to accept the new reality. Especially those that overpaid in 2016 to 2018. Particularly 2.7RS owners I find
Interesting that you mention the 275 GTB as I have been looking for a 4 cam of late. I don't think the really good ones ( long nose and short nose, not 4 cam) will go down to $1.5M. The one at Gooding and Co just sold for $1.9M https://www.goodingco.com/vehicle/1966-ferrari-275-gtb-long-nose/ .
The really great 275GTBs might not drop that far but I do think early long noses that would qualify as nice drivers likely will.
Jan 30, 2021 3:52:35 PM
the-missile:When these cars will sit back to where they were at the beginning of last decade, it will be reasonable again.
I agree with you on the immediate cash return when flipping a new car; it is finally gone but also looking at what manufacturers released recently, it may explain it as well. Let's see this year when Porsche will release hot GT cars; it will be the gauge.
Current second hand market is flooded with everything and I can't see much moving.
Agree with your comment not he secondary market, I just had a friend reach out to say he's been offered a few Hyuara's recently, all near delivery mileage for under MSRP.
Feb 1, 2021 7:23:27 PM
the-missile:When these cars will sit back to where they were at the beginning of last decade, it will be reasonable again.
I agree with you on the immediate cash return when flipping a new car; it is finally gone but also looking at what manufacturers released recently, it may explain it as well. Let's see this year when Porsche will release hot GT cars; it will be the gauge.
Current second hand market is flooded with everything and I can't see much moving.
Ah, no problemo.... just wait till the rocket scientist traders on my Reddit forums get a smell of the huuuugggge gains to be made in flipping sports cars! You will never see such stratospheric price levels! The big capitalist auction houses will get totally crushed man!
2017 Range Rover Sport S/C, 2019 Porsche 911 Turbo
4trac:the-missile:When these cars will sit back to where they were at the beginning of last decade, it will be reasonable again.
I agree with you on the immediate cash return when flipping a new car; it is finally gone but also looking at what manufacturers released recently, it may explain it as well. Let's see this year when Porsche will release hot GT cars; it will be the gauge.
Current second hand market is flooded with everything and I can't see much moving.
Ah, no problemo.... just wait till the rocket scientist traders on my Reddit forums get a smell of the huuuugggge gains to be made in flipping sports cars! You will never see such stratospheric price levels! The big capitalist auction houses will get totally crushed man!
Hold for a minute. We need to agree what models to prime them on and give ourselves enough time to buy up a bunch of them.....
SSO.:4trac:the-missile:When these cars will sit back to where they were at the beginning of last decade, it will be reasonable again.
I agree with you on the immediate cash return when flipping a new car; it is finally gone but also looking at what manufacturers released recently, it may explain it as well. Let's see this year when Porsche will release hot GT cars; it will be the gauge.
Current second hand market is flooded with everything and I can't see much moving.
Ah, no problemo.... just wait till the rocket scientist traders on my Reddit forums get a smell of the huuuugggge gains to be made in flipping sports cars! You will never see such stratospheric price levels! The big capitalist auction houses will get totally crushed man!
Hold for a minute. We need to agree what models to prime them on and give ourselves enough time to buy up a bunch of them.....
Haha, maybe tell them that Trabant cars were East German equivalents to Porsche... totally overlooked by markets controlled by capitalism.... 
2017 Range Rover Sport S/C, 2019 Porsche 911 Turbo
Feb 2, 2021 5:55:34 AM
4trac:Ah, no problemo.... just wait till the rocket scientist traders on my Reddit forums get a smell of the huuuugggge gains to be made in flipping sports cars! You will never see such stratospheric price levels! The big capitalist auction houses will get totally crushed man!
Someone feeling threatened? 
RC (Germany) - Rennteam Editor Lamborghini Huracan Performante (2019), Mercedes GLC63 S AMG (2020), Mercedes C63 S AMG Cab (2019), Jeep Grand Cherokee Trackhawk (2019 EU)
4trac:SSO.:4trac:the-missile:When these cars will sit back to where they were at the beginning of last decade, it will be reasonable again.
I agree with you on the immediate cash return when flipping a new car; it is finally gone but also looking at what manufacturers released recently, it may explain it as well. Let's see this year when Porsche will release hot GT cars; it will be the gauge.
Current second hand market is flooded with everything and I can't see much moving.
Ah, no problemo.... just wait till the rocket scientist traders on my Reddit forums get a smell of the huuuugggge gains to be made in flipping sports cars! You will never see such stratospheric price levels! The big capitalist auction houses will get totally crushed man!
Hold for a minute. We need to agree what models to prime them on and give ourselves enough time to buy up a bunch of them.....
Haha, maybe tell them that Trabant cars were East German equivalents to Porsche... totally overlooked by markets controlled by capitalism....
I like that, lets tee up Trabis and Yugos.
Porker:What are you expecting regarding AML earnings end of the month? Significant results for the DBX? Stock seems to be anticipating good news...
Lots and lots of spin......Numbers should look ok given they are lapping a really bad Q4 2019.
Problem with the new NSX is that it is too expensive. Why am I paying Italian/German money for a Japanese car?
I looked at one when they first came out. Didn't do it. Not even with giant discount from the dealer.
Now I look at the second hand ones, still too expensive. Still didn't do it.
Owned 5 of the 1st Gen cars ('94, '97, '99, '01,'05) including this 1999 Zanardi #17 of 50. At the time Comptech and Acura teamed up with factory authorized dealer installed accessories. Mine had intake, headers, exhaust and super charger. This car was equiv to a JDM type S without the mods. In it's day it was a great car. Today they bring big $$$
The new car is just too expensive....like Whoopsy said- even used ones.
2015 Jet Black TT
NSXER:Owned 5 of the 1st Gen cars ('94, '97, '99, '01,'05) including this 1999 Zanardi #17 of 50. At the time Comptech and Acura teamed up with factory authorized dealer installed accessories. Mine had intake, headers, exhaust and super charger. This car was equiv to a JDM type S without the mods. In it's day it was a great car. Today they bring big $$$
The new car is just too expensive....like Whoopsy said- even used ones.
. Some things are just too hard to follow up.
Nick, I think you summoned it up pretty well. 
Honda could have sold tons of these nice cars for a lower price, it would have opened a door for new sports car models but I'm not even sure they wanted this, judging by the effort they made. 
RC (Germany) - Rennteam Editor Lamborghini Huracan Performante (2019), Mercedes GLC63 S AMG (2020), Mercedes C63 S AMG Cab (2019), Jeep Grand Cherokee Trackhawk (2019 EU)
FWIW.....To keep employees working at the new PMC NSX factory in Ohio (originally built to make the new NSX only - Performance Manufacturing Center) techs are hand assembling special edition MDX & RDX Suv's + some of the new TLX type S.... marketing them as super special and pricing them to reflect ha ha.
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2015 Jet Black TT
RC:Nick, I think you summoned it up pretty well.
Honda could have sold tons of these nice cars for a lower price, it would have opened a door for new sports car models but I'm not even sure they wanted this, judging by the effort they made.
Honda misjudged the pricing power of their brand.
But then again they priced it with a low volume in mind and so everything cost more.
Optioned new NSXs are around a optioned 911 turbo S money, why would someone pay that for a Honda instead of a Porsche?
Normal dealer discount cut that down to 911 turbo money, again, same question.
In order to make it an attractive car for buyers, it needs to be around Carrera 4 money. Not even 4S, let alone GTS. But at that price level, Honda would be losing money as the advance hybrid system is expensive.
They should have made it a hybrid on the top trim level and ICE only on the more base side, that would have pushed more units out letting them charge less. I doubt I"ve seen more than five or ten on the streets ever.
Past-President, Porsche Club of America - Upper Canada Region
I saw one on the streets. There is one at the local Honda garage. It has been there for the last 2 years.
The development of that car did cost a lot, lots of engineering went into the hybrid/ICE . Made the car way too expensive. They are surely using the car as a development tool for the cheaper cars. Money is not all lost.
On our market the 2nd price of the NSX is at par with a 2nd hand Porsche 992 Carrera 4S
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964 Carrera 4 -- 997.2 C2S , -20mm -- 991.2 GT3 RS
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