Something can be ultra rare (aka ultra low supply) but if none wants to buy it (aka ultra low demand) then the price will suffer, not everything rare is valuable, otherwise my nails clippings could be worth millionsHuh. I was unaware that the 4c sold in 2022... If he EVEN understand the definition of DEPRECIATION, an item no longer produced in any way/shape/form, especially one that is mathematically definable as a market rarity, CANNOT DEPRECIATE given it cannot be compared to it's own value. That's like saying the world depreciated because it went into apocalypse, therefore everything being "free", it all has reduced demand and value... LOL. For a tuber that has coherent and well thought out value posts, this one has me wondering what the hell he's talking about. As far as the US, the 4c has proven to lose no further than 50% of paid values even in accidents and multiple owners; also still trades on average at $65k today, which is basically msrp. Then I look at his numbers and wonder if he's pulling from 2018, since I haven't seen a $40k 4c for sale for years now, ignoring the fake ones I've already followed through on (here, "dealer fees" are whatever they want, which is how they get you once the deal is hot, and one 2018 spider, black, I was happy to sign for $42k and then the final bill turned out $58k...)
And then the i8... What the hell is he saying? I can buy a 50k mile i8 spider right now at a local dealer for $32k. A DEALER. Carfax shows clean. Of course I wouldn't even want one for more than free, which I would quickly use to learn if it can drift, which due to obvious physics and software, it can't, so then I would simply blow it up, or push it off a building into another BMW for YT views. How this list isn't all BMW's is factually wrong, and this dude hasn't been wrong since I started kinda following his values on Japanese cars.
I have seen several C8's being sold closer to MSRP these past few months thou with exception of the Z06 which is insane.So he is a Professional Automotive Market Analyst ?
Funny, so Analyst is really a Professional term for Anal?
In that case, I can see why it's much better to be a Stock Market Analyst
If you're going to gamble, probably better to do it with real money. Kind of makes his information useless, or, "for entertainment purposes only"
Like this one:
I wonder… Does that make you wish you’d sold it?The dealer offer for my 2019 Cayman GTS has fallen from $89,000 to $71,000 during the same period.
No. I ordered the cayman in Miami blue with yellow stitching and manual transmission so it is tailored to me.I wonder… Does that make you wish you’d sold it?
I wish, on some level, that I’d sold my Abarth this summer because the amount I’d have gotten would have been more than the insurance company is going to give me now as “fair market value”.
Did you just relate the 4c to nail clippings?🤦there was a little more work involved to make such a thing exist, you know... That's why you bought one and none of us want your clippings hahaSomething can be ultra rare (aka ultra low supply) but if none wants to buy it (aka ultra low demand) then the price will suffer, not everything rare is valuable, otherwise my nails clippings could be worth millions
I’m sorry to have to disagree. In our economic world, you cannot disassociate demand from supply in order to establish pricing. As rare as our cars are, I don’t believe too many people want them (yet). Otherwise they’d climb in value much more. This day will come, it’ll probably take a couple more YouTuber a la Rob Perreti to talk about our cars to make them much more desirable than they are nowDid you just relate the 4c to nail clippings?🤦there was a little more work involved to make such a thing exist, you know... That's why you bought one and none of us want your clippings haha
So pls re read, I'm not talking about DEMAND, I'm talking about what the Tuber is talking about, apples to apples: "Depreciation: The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life. Depreciation represents how much of an asset's value has been used. It allows companies to earn revenue from the assets they own by paying for them over a certain period of time."
An asset that is no longer realistic to produce - as I would love to see a Manufacturer spawn a carbon tub ICE sports car for less than $100k and under 2500lbs even tomorrow before 2030 - is no longer depreciated as it no longer holds value relevance in the market... This is why a burnt potato chip or Szechuan Sauce packet can reach LOL numbers. Because of rarity, the entire model and idea of depreciation goes out the window.
I could go on, but given your super cool wheel mod, you can read up on depreciation in real life yourself just fine. My point will have a time where anyone that says otherwise will have to eat their words folded and up the wrong way because the 4c has an ace up it's sleeve and it ain't the engine, but the one part of any and every car that gets pushed along into the future: it's chassis and design.
Just ask the 911 if depreciation made sense for the 2004 Porsche Turbo S, 911R, etc, etc, etc... Or even Alfa Romeo in terms of the race cars and concepts they made. Most can't see it coming until it's obvious, and "fools rush in..." That's undepreciable wisdom as well😌
So you're agreeing with him that the C8 market is "falling off a cliff"?His videos and analysis are quite solid.
Corvettes never hold their value. With the announcement of the Z06, there’s now a glut of early adopter Stingrays on the market. We’re just a couple years away from picking up a C8 Stingray for $40k, because this is the standard Corvette depreciation curve. The C8 seemed like an exception initially, because demand was so high. It’s shown itself to be like every other Corvette. So, yes, off a cliff like every other Vette.So you're agreeing with him that the C8 market is "falling off a cliff"?
Sure, prices have fallen, but the reality is that we're seeing used and new car pricing and depreciation approach what it's traditionally been in the past.
There is a shocking number of 4Cs on the market, and pricing has dropped, although mostly for higher mileage older examples which should be expected. I think we're seeing the effects of a big dump of 4Cs that have gone off warranty and require expensive maintenance visits. Is it REALLY one of the fastest depreciating cars now though, or is pricing just moving toward where it traditionally should have been anyway for a 6 year old vehicle?