>You’ve amassed not only a nice nest egg but have watched enough Top Gear episodes to know what cars you’ve been missing out on. Now that you’ve decided to buy a supercar, which one should you buy? There are many factors to consider when buying a supercar, but a critical factor is depreciation. Today we examine modern supercars’ depreciation curves to discover what factors affect a supercar’s depreciation over the first 3 years.
These days, the market for modern luxury sports cars has been increasingly packed with new models possessing performance statistics that once were thought virtually impossible.
Hagerty specialists have compared the depreciation rates of these supercars over the first and third years. We believe overall, more owners would be more interested in knowing which cars will lose 25% of their value over three years more so than which supercar can sprint to 60mph the fastest.
To research the depreciation of supercars, Hagerty employed data from the UK and US markets and picked marques that are reflective of the traditional European supercars in this segment such as Audi, Aston Martin, Ferrari, Bentley, McLaren, Lamborghini, Porsche, and Mercedes-Benz.
McLaren 570S. Source: McLaren
The vehicle models analyzed were within the $100,000 to $500,000 price range, not including optional extras. They were classified into two categories: the more accessible entry models and the flagship models. The Flagship models normally require at least 700bhp or 12-cylinders, while the entry models generally have 8 to 10-cylinders and roughly 500bhp.
Despite Hagerty already having an abundance of policy quote data (more than 24,000 data points) for the vehicles in question, they collaborated with their industry partners at Premier Financial, AutoTrader UK, and Woodside Credit to diversity the data.
The data sources were utilized to inspect how a vehicle value changed with time. For example, a 2018 Ferrari 488 GTB Coupe would be worth ‘X’ amount in 2017 (year 0), ‘Y’ amount in 2018 (year 1), and ‘Z’ amount in 2019 (year 2). The difference between year 0 and year 1 for Ferrari 488 GTB Coupe shows its depreciation irrespective of the model year. Upon categorizing the vehicles by marque, model, sub-model, body style, model year, and engine type, the losses were calculated.
2018 Ferrari 488 GTB 70th Anniversary. Kevin Van Campenhout © 2019 Cour
It is not a surprise to know that all these cars depreciate. After the first year, the cars generally depreciates by 6% and 20% by the third year. This highlights that no technology, power, or special features in a car are resistant to the gravitational pull of depreciation.
What was discovered though was the degree of depreciation of the supercar varied with factors such as:
circumstances of the vehicle launch, and country of origin of the car
Regarding the launch of the vehicles, the hype that goes with the debut of the car is a double-edged sword. At first, the excitement surrounding the launch can foster more demand than the factory is willing to produce, supporting the car to appreciate somewhat.
A great example of this is the Ferrari 488 Pista Coupe which increased in value by 6% in its first year after its debut as enthusiasts tried to get their hands on what was already released. However, by year three, it had also succumbed to depreciation, falling by around 7%. Sadly, the Porsche 911 GT2 RS was at the other end of the spectrum, depreciating by 30% by year three.
Some supercars with extravagant unveilings ended up depreciating more after the first year as they were acquired new with unsustainably exorbitant price tags, perhaps due to dealer markups or buyers prepared to pay more to jump the queue. The Porsche 911 GT2 RS depreciated an average of 12% in the first year, most likely due to buyers who paid over the manufacturer’s recommended retail price and ended up selling it soon after.
Another important factor is geography. Italian brands like Ferrari and Lamborghini seem to depreciate less after three years compared to the
By: Sports Car Digest
Title: Buying a Supercar? Discover Which Supercars Depreciate the Most
Sourced From: sportscardigest.com/buying-a-supercar/
Published Date: Wed, 02 Jun 2021 20:42:25 +0000
Here comes trouble: A Triumph TR6 with a Matchless frame
Kids are impressionable, especially when motorcycles are involved. That magical combination of sound, smell and danger has a way of imprinting itself on young minds. But Kyle Harvey didn’t just dream of bikes as a child—he practically grew up with them.
Kyle’s trade is tool and die making, but his passion is building bikes. His father, Garth Harvey, got Kyle and his brother into bikes at a young age; as soon as they could start their old man’s vintage motorcycles, they were riding them. Living in Edenvale in South Africa’s Gauteng province, the boys also had direct access to the local Classic Motorcycle Club.
The folks at the CMC made quite an impression on young Kyle—and taught him everything he knows about vintage bikes. After helping numerous friends work on their bikes, he went on to open his own shop, named simply ‘The Workshop.’ Kyle has been building and restoring classic motorcycles for over a decade now.
This cheeky bobber is his latest build, and it’s immensely fascinating. The engine’s from a Triumph TR6 Trophy, the frame is from a Matchless, and the quirky handmade details on it are endless.
By: Ben Pilatti
Title: Here comes trouble: A Triumph TR6 with a Matchless frame
Sourced From: www.bikeexif.com/custom-triumph-tr6-matchless-frame
Published Date: Wed, 21 Dec 2022 17:01:12 +0000
Did you miss our previous article…
The Swan Song of the V12
The V12 engine holds a special place in the heart of many automotive and motorsports fans. For some, it’s the sound of Formula 1 through the years, especially during the 1990s. For others, it’s engines like the 6.1 L BMW S70/2 from the McLaren F1 or the 3.9L Lamborghini V12 that powered all their cars from the Miura through to the Diablo. No matter where it lies in your heart, it is the “proper” configuration for many: 6 cylinders per bank, put into a V, and firing in an odd sequence to give it that special roar under power.
Yet, as concerns over fuel efficiency, qualms about environmental impact, and high-powered turbocharged V8 or V6 engines are the norm now, the V12 is slowly, but surely, being put to rest. In fact, the only place that V12s are still hanging on by the last threads of their engine mounting bolts are in supercars, hypercars, and a few ultra-luxury cars. Even then, many exotic brands have announced that their next cars will either be V10s or turbo V8s and V6s.
Since it appears that the swan song of the V12 is reaching a crescendo, we thought it only appropriate to celebrate the few remaining cars out there that carry them. It may be the last time we see some of these brands, many of which are known for their V12s.
The Amazing Last V12 Production Versions from the Big Brands
Ferrari 812 Superfast
Ferrari 812 Superfast. Image via Supercars.
The writing is on the wall for the prancing horse, as the new Ferrari 296 GTB is showing the direction that Maranello is headed. Yet, unless you were invited to snag one of the limited-edition Monza SP1 or SP2 cars, there is still one car you can buy from the legendary marque that has all 12 cylinders fully intact.
The 6.5L F140 GA V12. Image Via: Wikimedia Commons.
The 6.5L F140 GA 65-degree V12 in the front of the 812 is the last road-going version of the V12 that debuted in the Ferrari Enzo. Producing a monstrous 789 HP and 530 lbs-ft of torque, it is no slouch either, as when the 812 Superfast debuted, it was the most powerful naturally aspirated production car engine ever made.
It has the typical low-rev Ferrari roar that rises into a howl as the car revs up to nearly 9,000 RPM, and will catapult the 3,845 (1,744 kg) car to 60 MPH in 2.9 seconds. As far as a curtain call is concerned, that’s a great way to bow out and focus on hybrids and turbocharged engines.
Mercedes-Maybach S680 4MATIC
cedes-Maybach S680 4MATIC. Image via Supercars.
Mercedes-Benz used to be at the very top of the V12 pecking order when it came to luxury performance cars. Such classics as the S 65 AMG from the mid-2000s and the 500 TE AMG W123 Touring from the very end of the 1970s came with big V12s that sound astounding, but the biggest and baddest of the Mercedes V12s left on in a production car is the M279 E60 LA that hauled the S65 AMGs of 2014.
By: Simon Bertram
Title: The Swan Song of the V12
Sourced From: sportscardigest.com/v12-swan-song/
Published Date: Thu, 28 Jul 2022 10:49:26 +0000
Did you miss our previous article…
Road Tested: Gear from Shoei, Akin Moto and Rev’It!
In our continuing quest to source motorcycle gear that combines safety and style, we bring you our thoughts on Shoei’s new ECE 22.06-approved NXR2 helmet. Plus a stealthy riding parka from Akin Moto, and the perfect pair of urban riding gloves from Rev’It!.
Shoei NXR2 helmet It’s no secret that I’m a huge fan of Shoei’s helmets. Every Shoei I’ve owned has fit and felt right from the first wear, with no major deviations in their sizing or shape from model to model. So when I was looking for a do-it-all street helmet to replace my well-used Shoei RYD, the new NXR2 was a no-brainer… and it hasn’t disappointed.
I loved the RYD for its combination of neutral styling, comfort and ventilation. The NXR2 basically feels like a premium version of the RYD; it has the same clean aesthetic, but ramps up the performance. And it’s one of the few helmets that meet with Europe’s new, and more stringent, ECE 22.06 standard.
By: Wesley Reyneke
Title: Road Tested: Gear from Shoei, Akin Moto and Rev’It!
Sourced From: www.bikeexif.com/shoei-akin-moto-revit-review-44
Published Date: Sat, 30 Jul 2022 17:01:31 +0000
Did you miss our previous article…
Fashion6 months ago
Julian Schneyder Relaxes with Man About Town
Fashion2 years ago
Steampunk Clothing & Jewelry
Trending Stories2 years ago
Dior Homme Cologne Men’s Fragrance Review
Baller Awards9 months ago
Dave Chappelle’s camp releases statement after on-stage attack as he cooperates with police
Baller Awards11 months ago
Hugh Grant dismisses those ‘Doctor Who’ rumors
Sports2 years ago
Best Christmas Gift For Your Golfer Co-Worker
Fashion2 years ago
Best Timepieces To Buy For The Holiday Season
Frontier Adventure6 months ago
A Black Hole can Tear a Neutron Star Apart in Less Than 2 Seconds