COVID19 CAR PRICING | Page 2 | FerrariChat

COVID19 CAR PRICING

Discussion in 'Ferrari Discussion (not model specific)' started by jyc1001, Mar 31, 2020.

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  1. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    It comes down to simple economics... supply vs demand.

    Supply = demand. Prices are stable.
    Supply < demand. Prices rise.
    Supply > demand. Prices fall.
    Supply >>> demand. Prices crash.

    Who own the majority of mass production exotics? Doctors, dentists, lawyers, and small business owners. Who feels pressured to sell... Some percentage of all of the above. Certainly much greater percentage than this date 1 year ago...

    Who is seriously thinking,... times are great... the future is bright... I can afford a Ferrari. Certainly much lower percentage than this date 1 year ago...

    Only 1 possible path forward... Supply >>> demand. Prices crash.

    It is going to be brutal.







     
    DGPF and Parnelli like this.
  2. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
    7,716
    Tropical
    Plus all the YT heroes:cool:
     
    DGPF and flat_plane_eddie like this.
  3. BJK

    BJK F1 Rookie

    Jul 18, 2014
    4,781
    CT
    This (plus that beer virus stuff)
     

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