Car prices 2021

Simon1963

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819
So, bizarrely car prices in 2020 seemed to have gone up. I’m talking about high end cars such as Maserati, Jaguar, Porsche,Mercedes, BMW etc. An unusually low number of cars for sale obviously pushes prices up but what do people generally think the markets going to do this year once the true fallout of Covid begins to take a grip?
 

Ewan

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6,757
The vast majority will go down, as usual. But fingers crossed that the sort of modern classic Maserati that populates this forum will hold up just fine.

The 2 seat Strad will continue to increase in value. Obviously;)
 

Felonious Crud

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The vast majority will go down, as usual. But fingers crossed that the sort of modern classic Maserati that populates this forum will hold up just fine.

The 2 seat Strad will continue to increase in value. Obviously;)

Also V12 Vantages. Because they're bloody brilliant.

As most (?) cars are financed I wonder if actual list prices are increasingly irrelevant. Discuss.
 

Nayf

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2,734
Well, it really depends on whether people see the need to have a brand new car on PCP to commute. If they don’t, then secondhand prices for interesting stuff (for enthusiasts))and cheap runabouts (for everyone else) will rise as occasional-use cars will become more in demand. Also bear in mind that the appeal of public transport is also diminished.

The end of furlough + Brexit might prompt a fire sale through those who financed interesting car purchases through the boom years, but people might just hold on to them or stick them on SOR as ‘free’ storage until things bounce back. Otherwise, if you have storage that doesn’t cost a fortune, you might as well keep hold of what you’ve got.

I wouldn’t buy a diesel at the moment, mind.
Which is a pity as there’s an Alpina D4 up for grabs at the mo in metallic teal that, if I was launching a magazine in any other business year, would make a reasonable choice as a financed ‘commuter’.

For me personally, with most meetings on zoom and the occasional photoshoot, a GranSport makes more sense. Only convincing the wife is more of a challenge - ‘why not just use my Beemer?’ She now no longer uses it at all, and sadly her pragmatism is hard to argue with. Sigh.
 
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Motorsport3

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869
Are we talking about new or pre-owned?
I would think that new will depend on GBP holding its value primarily. I don't see second hand going anywhere really. Mainstream may keep value if replacing with new becomes more expensive. Classics depends on their starting point.
 

rockits

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9,167
I think we will see 3 or 4 scenarios. More will do rentals or leases especially on new EV's. Nearly new stuff or 1-3 years old will suffer hardest I feel.

Older stuff to do a job will stay strong....especially non-old diesel stuff.

Good value sports cars will be OK but the better ones not the rubbish examples as they will flounder but haven't they always.

Some inflated bubble collector cars that make.no sense will plummet back to more sensible levels. The rich millionaire/billionaire stuff will likely stay strong as these guys are detached from the real world/economy and that will stay that way like the rich/poor divide may likely increase.

I guess people will develop a need and want to find good or better value. More than they have ever needed to before. Which is something I have always been an advocate and strived for in my 48 years.

I don't see much going up, only the same or down. Anything that has gone up last year was only because of low short term supply against high short term demand. I'm not sure this will continue as when this is resolved, and it likely has been, the same conditon will not exist in 2021.
 

Andyk

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61,040
The vast majority will go down, as usual. But fingers crossed that the sort of modern classic Maserati that populates this forum will hold up just fine.

The 2 seat Strad will continue to increase in value. Obviously;)


Has it increased in value ?...Obviously you don't see many for sale but the ones that have been for sale don't seem to have risen....Be interesting to see one come on the market now.
 

dem maser

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34,221
I was looking for a newish (under 3 years old) car as work gave me a budget to help out etc and I was shocked at cars like the GLC coupe and Macan as I looked at them last year (autotrader day dreaming) and they were the same price a year later!
I could have bought one for 25k in 2019 and upto October 2020 they were same price for year miles etc......
Bought a Giulia Veloce in the end
 

gb-gta

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1,130
I’ll be a good test this year to gauge what’s happening.
I’ll be selling 4 and buying 2 (or 3).
Wife wants a newer car and daughter will he starting to drive. So big change up for me.
Out will be 08 RX400h, 61 guilietta cloverleaf, 16 jazz auto (inherited), and most reluctantly my beloved 147GTA will have to go due to space issues. It’s that or the QPV GT S!

A real mix covering many different type of cars/buyers, we’ll see what happens!
 

Felonious Crud

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Yes. Mine is not for sale, but if it were, I’d only sell it for more than I paid for it. Ergo, it’s gone up.

And that, ladies and gents, is man-maths at its best!

I like that. My Vantage is worth an easy 20% more than paid.