lp 640 and sv price drop off ? | FerrariChat

lp 640 and sv price drop off ?

Discussion in 'LamborghiniChat.com' started by kbb007, Dec 30, 2010.

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  1. kbb007

    kbb007 Rookie

    Nov 5, 2010
    5
    Hello!

    I'd like to know how much far do you think the price off those ones will decrease.
     
  2. xto

    xto Karting

    Mar 20, 2006
    227
    Very little, imo.
     
  3. BJMoravek

    BJMoravek Formula Junior

    Jun 4, 2008
    462
    Boondocks, Maryland
    For the future just take a look at what the Ferrari 458 Italia did to F430 prices. Even the once coveted 16M Scuderia has lost $50K in value within one year of its introduction. There's dozens of them for sale currently and some have been on the market for a year. Nothing's holding its value these days with the exception of the rarest of the rare. Even contemporary limited production cars are not safe. There are far more cars for sale than buyers. Credit continues to be a problem for only the best quailified and those types are few and far between. Lenders particularly don't want to fund the purchase of used exotices without huge downpayments.
     
  4. ralfabco

    ralfabco Two Time F1 World Champ
    Lifetime Rossa

    Mar 1, 2002
    28,029
    Dixie
    Full Name:
    Itamar Ben-Gvir
    You need to wait approximately ten years, from the date of production, for a car to be fully depreciated.



    If it is a 'special' limited production car (F-40 / Carrera GT/ Ford GT), the general rule may not apply.
     
  5. xs10shl

    xs10shl Formula 3

    Dec 17, 2003
    2,037
    San Francisco
    The manufacturers are all now keen to produce limited quantity "special edition" cars which help to bridge the gap before a newer model is ready for production. Some times the "newer model" is simply a "Special 'special-edition'" of the exact same car, and so on. As a result, any model you buy into will be usurped by the next "special 'special "special-edition" ' " which is just around the corner.

    this helps maximize profits for the Manufacturers, which I suppose it a good thing, as it keeps them in business.
     
  6. v tach

    v tach Formula Junior
    Rossa Subscribed

    Jul 14, 2004
    440
    Texas
    Full Name:
    Vivek
    +1, this man speak the truth. Very, very few cars are going to hold their value compared to prior historic depreciation curves. The older rules of resale just do not prevail any longer for a multitude of reasons--access to money being a major factor. Many people that were previously able to acquire financing for these vehicles are now unable....supply > demand. Combine that with exponential increase in technology and performance....ouch! To answer your question, LP640s and SVs will continue to decline....never to increase. My guess--eventually mid 100's.
     

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