Overall, supercar and some sports car used values have remained level in a depreciating marketplace, but some vehicles are enjoying strong appreciation.
25 Feb 2016 | 3297 Views | By Autocar Professional Bureau
The growing supercar market could offer a sound return on investment if buyers choose the right make and model, according to CAP Automotive, UK-based data and insights provider.
Overall, supercar and some sports car used values have remained level in a depreciating marketplace, but some vehicles are enjoying strong ...
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The growing supercar market could offer a sound return on investment if buyers choose the right make and model, according to CAP Automotive, UK-based data and insights provider.
Overall, supercar and some sports car used values have remained level in a depreciating marketplace, but some vehicles are enjoying strong appreciation.
Philip Nothard, cap consumer and retail editor, explained, “A savvy buyer would have earnt £18,500 (Rs 17.63 lakh) buying a Mercedes Benz SLS in 2014 and selling it a year later with 16,000 kilometres on the clock.
“For buyers looking for a comparable investment today, they should consider the 65 plate Ferrari 488 GTB Coupe, which cost £182,809 (Rs 1,74,16,820) from new but in just six months amassing 8,050 kilometres it would retail at £215,500 (Rs 2,05,31,400) – this is an increase of 17.8% or the Mercedes-Benz AMG GT Coupe, which has increased by almost £5,000 (Rs 4,76,370) in six months from £100,055 to £104,750 (Rs 95,32,570 to Rs 99,79,880).”
“The supercar market is very niche, with a limited number of models available to choose. However, with some proper research, buyers can benefit from the buoyant market. It’s all about finding the right car, and those that are most sought after, bring the greatest returns. Another excellent example is a six month old Porsche Cayman Coupe 3.8 GT4 with a mileage of 5,000, which has appreciated by 38.4% from £64,451 (Rs 61,40,460) to £89,250 (Rs 85,03,140) proving that investing in these cars can be a lucrative option.”
Philip Nothard concluded, “The key elements of a good supercar buy are model, mileage and plates. For this reason, beware of clocked vehicles, as a lower mileage will get a better price, so dodgy sellers may be tempted to drop the mileage and duping buyers into paying over the odds.”