The Value of Supercars: A GBE London Perspective
As we take a look at some of the most exclusive and sought-after supercars on the market, it's clear that their value can be quite volatile. To get a better understanding of the current market trends, I sat down with George, the sales director at GBE London, to discuss the prices of several high-end vehicles.
The first car we discussed was the McLaren P1, which is currently priced at £1.4 million. According to George, "P1 prices are rising." This surge in value can be attributed to the rarity and exclusivity of this vehicle, as well as its impressive performance capabilities. Next up was the Lexus LFA, which is valued at £1.02 million. Interestingly, George notes that the price of this car is currently static. "They were going off last week," he says, but it seems that prices have leveled out in recent days.
The Bugatti Veyron, on the other hand, has seen a significant increase in value over the past few months. The current price for this vehicle is £9.5 million, and George explains that prices are rising due to its limited production run and exceptional performance capabilities. Moving on to the Ferrari 812 GTS, which is priced at £400,000, George reports that "prices that's what they're doing static for the moment." This could be a sign of market saturation, as some buyers may be holding off until prices drop.
Aston Martin's Vanquish Zagato is another vehicle that has seen its value increase over time. The current price for this car is £450,000, and George notes that "prices are right now in this very moment static long term rising." This suggests that investors and collectors may be seeking out this model as a long-term investment opportunity.
However, not all of the cars we discussed have seen an increase in value. The Rolls-Royce Cullinan, which is priced at £285,000 (for the silver one), has actually seen a decrease in price over the past few months. According to George, "colored ones are unfortunately dropping." This could be due to changes in market demand or a shift towards more affordable luxury vehicles.
The Porsche 911 GT2 RS, which is currently priced at £340,000, is another vehicle that has seen its value remain static in recent days. However, George notes that prices were falling for the last couple of years before they "left" and are now back to being static again. This could be a sign that market demand for this model is stabilizing.
The McLaren 765 LT Spider, which is priced at £390,000, has also seen its value level out in recent months. According to George, "they were rising for ages and now they've come to a sort of a plateau." This could indicate that the market for this vehicle is becoming more saturated, leading to lower prices.
Lamborghini's Huracan Performante Spider is priced at £190,000, but according to George, prices are actually going down. However, he notes that "some of the other lower mileage ones are going up." This could be a sign that buyers are seeking out newer or more rare models within the Lamborghini lineup.
The Aventador SV, which is currently priced at £360,000, has seen its value increase significantly since it was last valued. According to George, "the black one with the crazy exhaust" has risen in value by 2.5 million pounds since it was parked up in the showroom. This suggests that this particular model may be in high demand among collectors and investors.
Finally, we discussed the Enzo, which is currently priced at an estimated £3.5 million for insurance purposes. However, according to George, prices are not rising at present from last month. "Give it another two or three months," he says, and prices may increase again due to strong demand.
To get a better understanding of the current market trends, GBE London has put together an overview of the values of all the cars discussed today. This should provide valuable insights for buyers, sellers, and collectors alike looking to navigate the complex world of high-end vehicles.