Would rather have a Ford GT90 for $1 Million. Beautifull car that was never made.
I'm not arguing whether it's a million dollar car or not. I personally don't like it at all and think they bastardized the Lotus to produce Frankenstein.Actually no, I don't think I'm missing the point.
To me, this is not a MILLION DOLLAR CAR - most obvious case in point - the Veyron. It's marketed/thought of as the ultimate dream car. The ultimate status symbol. The car the players and shakers must have in their stable. You could put the Pagani and Koenissegg in there as well perhaps. Also, the Enzo.
This is basically a kit car. It has no pedigree. It's from a company that takes other stock cars and customizes them. It doesn't warrant the $1m price tag. All of the other (albeit limited) cars in that range are engineered from ground up. This takes a stock car (ball at the 50) and moves it downfield.
Yes, the people who can 'afford' $1M can afford it, but I'm sure they DO care about depreciation. Many are collectors. These collections are investments - like art or furnishings. Knowing that a car appreciates in value is important to smart business people.
So, yes, I get that they people who buy them WANT IT - but I think that can be said about an Enzo or a Veyron, NOT a fancy 'kit car' built in Texas based on a $70K starting car.
Agreed. People who buy Supercars and million-dollar cars are not always collectors or looking for good investments. Larry Ellison has a Veyron as his daily driver and he certainly doesn't care about its depreciation. I know another local guy here who has several Lamborghinis (Murcielago and 2 Gallardos) as well as several Ferraris, Porsches, and other exotics, and he's not concerned about their depreciation either. He tracks them. One of the biggest collectors, Jay Leno, has dozens of cars that are not investments, from Miatas to C5 Corvettes. I doubt he thinks of his Countach or Diablo as a sound investment either. You can pick up those for less than the price of an Evora S.However your points are totally off. Cars are arguably one of the worst investments you can make. I'll use your Veyron as an example. If you buy one new you are paying over 1.6 million. Do you think you can get that if you sell it? You also lose in maintenance. New tires for a Veyron are 30k, services generally runs around 20k. Cars (unless extremely rare and/or old) are depreciating assets.
Do you think you can get that if you sell it? You also lose in maintenance. New tires for a Veyron are 30k, services generally runs around 20k. Cars (unless extremely rare and/or old) are depreciating assets.
You really think that if you bought this that you would care if it had a plate? lol I want to win the lotto and send my kg exige to them and then just do 0-200 up and down the highway until i get pulled over and give the cop the keys and say im done with it lolI love how the license plate is just tacked on to the back. It's like it never occurred to them while designing it, that somebody might want to have a plate on it.
You are a brilliant businessman.Uh oh! For an extra $150k we'll show you how to take the top off! I think im going to get an Exige top and list it on Ebay for $150k and call it a Venom GT removable top, and see if I can get one of the "non-spyder" owners to buy it