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Thread: Am I crazy or is this the worst time ever to buy a vehicle?

  1. #661
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    Quote Originally Posted by 88CRX View Post
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    Was hoping to upgrade our savage fit later this year but might just have to Diamond hand it and keep it haha.
    If you sell a fit, you call me first. But diamond hands is the right move.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    Quote Originally Posted by vengie View Post
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    Paid $3500 for it.
    Drove for three years and ~50,000km.

    Sold for $4800.

    Win.
    Did you cut the cat out before sale?

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    Ferrari of Alberta has a couple of berserk-rare cars, right now for 2022 pricing.

    The 1998 456 Modificata with 6-speed is a high water mark in their proper GT car history with Pininfarina. Offered at about 40% above its price a couple years ago.

    The 599 SA Aperta might very well be one of 80... Yours for $1.7MM
    10 years old and <1,000km on it.

  4. #664
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    Quote Originally Posted by ThePenIsMightier View Post
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    Ferrari of Alberta has a couple of berserk-rare cars, right now for 2022 pricing.

    The 1998 456 Modificata with 6-speed is a high water mark in their proper GT car history with Pininfarina. Offered at about 40% above its price a couple years ago.

    The 599 SA Aperta might very well be one of 80... Yours for $1.7MM
    10 years old and <1,000km on it.
    Smart people are dumping their cars on the dumb money in the market right now. Good on them.

  5. #665
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    Just sold my rebuilt status 08 gs350 with 250000kms on it for what I bought it for 4 years / 90k ago…. And picked up a 2 year old civic with 20k on it for $20000. First time in my life a dealership was cheaper than private sale. My gas savings more than pays for the car, gotta crunch those numbers in this crazy day and age
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  6. #666
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    2021 AMG GT Black series.
    $336K sticker
    $500K on BaT and probably going higher.

    https://bringatrailer.com/listing/20...ign=2022-03-06

  7. #667
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    Unloaded my camaro last week, made off like a bandit after putting on 20k kms in two years. Going to hold the fort with a sub-$5k point A-B utility vehicle. My desire to own sporty vehicles is deteriorating.

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    Quote Originally Posted by jutes View Post
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    Unloaded my camaro last week, made off like a bandit after putting on 20k kms in two years. Going to hold the fort with a sub-$5k point A-B utility vehicle. My desire to own sporty vehicles is deteriorating.
    A Ridgeline will be the perfect replacement.
    I like neat cars.

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    Quote Originally Posted by 90_Shelby View Post
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    A Ridgeline will be the perfect replacement.
    For sub-$5k? Do such unicorns exist?

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    With rising interest rates and a recession looming what's the chance people are going to start to have to firesale their leveraged up lamborghinis this year?

    I want to buy a Diablo VT roadster but not at these damn prices.
    sig deleted by moderator, click here for info

  11. #671
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    Quote Originally Posted by M.alex View Post
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    With rising interest rates and a recession looming what's the chance people are going to start to have to firesale their leveraged up lamborghinis this year?

    I want to buy a Diablo VT roadster but not at these damn prices.
    the crash is coming. But like any crash, it's hard to tell when.

  12. #672
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    Best time to buy is now. Like real estate. Lambos are the same.

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    The crash doesn't hit each individual equally. It barely touches the real rich, or the truly poor. So your target is people in the sorta-upper who had massive leverage? I don't think you'll see a broad range of affordable supercars.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    Quote Originally Posted by ExtraSlow View Post
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    The crash doesn't hit each individual equally. It barely touches the real rich, or the truly poor. So your target is people in the sorta-upper who had massive leverage? I don't think you'll see a broad range of affordable supercars.
    Yeah i doubt you'll see a ton of exotics being fire sold if/when the crash happens, the fake rich will just return the leases on them. If you want cheap property or an F150 then yeah
    Quote Originally Posted by Mitsu3000gt View Post
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    and I did not have the only say in the matter (most people just want it done ASAP and don't care about quality).
    Quote Originally Posted by Mitsu3000gt View Post
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    If anything we made a better decision because we had a consensus and were all on the same page.

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    Quote Originally Posted by ExtraSlow View Post
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    The crash doesn't hit each individual equally. It barely touches the real rich, or the truly poor. So your target is people in the sorta-upper who had massive leverage? I don't think you'll see a broad range of affordable supercars.
    so prices can only go up dramatically, they can never come down dramatically?

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    Quote Originally Posted by Buster View Post
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    so prices can only go up dramatically, they can never come down dramatically?
    I dont really think used car prices will come down too drastically for a while longer. I think once we truly start feeling the pinch of inflated gas prices we will start seeing vehicle prices come down.

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    Quote Originally Posted by Buster View Post
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    so prices can only go up dramatically, they can never come down dramatically?
    The rich always get richer
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  18. #678
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    Quote Originally Posted by Buster View Post
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    so prices can only go up dramatically, they can never come down dramatically?
    depends what you mean by dramatic. But my prediction is that the used supercar market isn't coming down far enough for people who were previously priced out of the market to enter the market.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  19. #679
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    Quote Originally Posted by Rocket1k78 View Post
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    Yeah i doubt you'll see a ton of exotics being fire sold if/when the crash happens, the fake rich will just return the leases on them. If you want cheap property or an F150 then yeah
    not expecting fire sale, but hoping for more reasonable. $350-450k for a Diablo no bueno. $200k much better.
    sig deleted by moderator, click here for info

  20. #680
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    Quote Originally Posted by ExtraSlow View Post
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    depends what you mean by dramatic. But my prediction is that the used supercar market isn't coming down far enough for people who were previously priced out of the market to enter the market.
    There was a sharp uptick in demand for supercars sometime in early 2021 (my internal clock is fucked, so might be wrong). Monetary inflation aside, you're suggesting that the supercar market will see this dramatically increased demand stick around indefinitely. I don't see any fundamental reason why people have a dramatically higher desire for supercars right now compared to historical norms. These markets are fickle. At some point we'll see inventory start to build.

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