Market effect of the 2011 Esprit on the V8 cars - LotusTalk - The Lotus Cars Community
View Poll Results: What will happen to the market values?
Rise 15 32.61%
Fall 12 26.09%
Unaffected 19 41.30%
Voters: 46. You may not vote on this poll

 
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post #1 of 9 (permalink) Old 09-20-2009, 10:16 AM Thread Starter
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Market effect of the 2011 Esprit on the V8 cars

I'm curious as to what everyone thinks will happen to the market value of the V8 Esprits as a result of (if ) the new Esprit hitting the market in 2011.

Do you think this will have a positive effect --- V8 market values will rise?

Do you think this will have a negative effect --- V8 market values will fall?

Do you think this will have no effect --- V8 market values may rise or fall, but this will be unaffected by the new car?

Last edited by finnerty; 09-20-2009 at 10:27 AM.
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post #2 of 9 (permalink) Old 09-20-2009, 10:24 AM
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Things will remain pretty much the same ol' same amigo!

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Originally Posted by finnerty View Post
I'm curious as to what everyone thinks will happen to the market value of the V8 Esprits as a result of (if ) the new Esprit hitting the market in 2011.

Do you think this will have a positive effect --- V8 market values will rise?

Do you think this will have a negative effect --- V8 market values will fall?

Do you think this will have no effect --- V8 market values may rise or fall, but this will happen independent of the new car?
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post #3 of 9 (permalink) Old 09-20-2009, 12:30 PM
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I think the later V8 prices will continue to fall somewhat but I don't think it will be affected much by the new Esprit if there is one.

The price points are going to be too vastly different by that time.

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post #4 of 9 (permalink) Old 09-20-2009, 12:38 PM
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The new Esprit will cost much more than the V8s are going for now, so the pricing will probably not be affected.

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post #5 of 9 (permalink) Old 09-20-2009, 02:41 PM
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...i think that the classic esprit will be worth more than it would have been without the release of the new esprit - that is, its value will rise relative to its natural depreciation curve...

...whether or not that translates into increased absolute value remains to be seen, and is i think entirely dependent upon how big of a hit the evora and subsequent esprit turn out to be...

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post #6 of 9 (permalink) Old 09-20-2009, 04:15 PM
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+1 -- a likely scenario esp if the new cars are given a good reception and they increase customer brand awareness--in a positive way, of course .

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post #7 of 9 (permalink) Old 09-20-2009, 04:48 PM
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Just look at Ferrari pricing, with each new introduction 348,355,360,430 etc, the prevoius model prices drop, the Esprit will be no different.
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post #8 of 9 (permalink) Old 09-20-2009, 05:42 PM Thread Starter
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Originally Posted by gregte View Post
Just look at Ferrari pricing, with each new introduction 348,355,360,430 etc, the prevoius model prices drop...
True, up to a point. But, once enough "distance" is put between an older model and its latest generation successor, the prices have stabilized, historically.

For example, the release of the 348 & 355 caused a drop in 308 & 328 market values; however, when the 360 & 430 rolled off, the 308 & 328 market values did not take a drop ---- in fact, since the 430 was introduced, 308 prices have been slowly, but steadily, climbing.

I guess we'll have to see just how wide of a "gap" the public will perceive exists between the V8 Esprit and the Evora and / or its new successor Esprit (if there ever is one).......
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post #9 of 9 (permalink) Old 09-20-2009, 06:56 PM
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Depends what the "new" Esprit is. If it's some monstrosity that has nothing to do with a sports car, the V8's will probably see a faster appreciation curve in a few years than they otherwise would have.

If the new car is at least comparably good, prices will probably dip for a few years, then slowly begin to appreciate at some point.
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