2023 Exotic Car Market Update: Deals To Buy NOW!

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Exotic Car Hacks

Exotic Car Hacks

Күн бұрын

Пікірлер: 79
@samarthkasaraneni3527
@samarthkasaraneni3527 2 жыл бұрын
I a still in school, but I am addicted to your videos. They help get a different perspective on buying cars. Keep it up!
@XennialGuy
@XennialGuy 2 жыл бұрын
I'm just going to mark my spot here. Right now SVJs are $900K. Check back next year, end of 2023, you'll see them for $600k. Right now SF90s are $700K, check back in a year and they'll be around $500k. I have a perfect spec 765LT Spider, realistically worth $625k (not 750k), in a year you'll be able to get it for about $500k. Nobody can predict, but these are my assumptions based on the real world activity happening around us right now. Nearly every exotic is going to be worth 20% less in a year. What happened in 2020 - 2022 was a once-in-a-lifetime experience, we will never see it again. SVJs will one day be $400K, in about 3 years, there's just too many of them and they have to follow the natural depreciation curve before they ever come back up. It was a fun ride driving these cars for free for a while, but it's pretty much over if you buy anything used right now, you will get hurt. Same with the watch market, this is turning into 2008 all over again. We're going to see some bounce back in the spring but after the summer of 2023, it's going to be a run for the doors and all these cars are going to be a hot potato. Huge buying opportunities a year from now.
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
cant wait to see that, I screenshot your prediction so we can make a video about it in 1 year.
@markacarbone
@markacarbone 2 жыл бұрын
Thanks for thoughtful comment. Inflation is going to keep prices a bit too high though. I don’t see the drop being as much as you predict because of that.
@XennialGuy
@XennialGuy 2 жыл бұрын
@@markacarbone To some degree, yes, inflation will keep them from plummeting below a certain point. But an SVJ is a $550k car with a couple options, loaded up, around $600k. When they go for $1M in a matter of two years, that's not inflation, that's retarded. The average MSRP of a new car has gone up maybe 10% or 15% the last 3 years, not 90%. Natural depreciation curve for a non-numbered supercar is somewhere around 50% after it's out of production for a couple years. I'm only saying SVJs will drop 25%-30% below their MSRP in three or four years, and will be slightly above MSRP in exactly one year, and that's taking inflation into consideration. It's not unreasonable to think this will happen. Historically, the Murcielago's, Gallardo's, F430's, and even some special cars all dropped 50%-60% or more at one point, and history just keeps repeating itself. The fact is, cars went up way too fast because of a combination of overnight crypto millionaires, free money, and chip shortages. But almost overnight, many of those crypto millionaires evaporated, lost their funds in two exchange failures, or are underwater in their Wall Street or real estate investments. I don't want my car to drop in value, it's worth quite a bit more than I paid and I wish it would stay that way, but the fact of the matter is, it won't as time moves on and new models come out. The SVJ is not going to even be on anyone's mind once the replacement hybrid comes out, It will be the best of both worlds. The replacement will finally be fast to match the looks, and will still have the sound, And this goes for many other hybrids like the 720S/750S replacement, the 296, etc. Let's be honest, a $225k 600LT has a good chance of beating an SVJ in a straight line or around a track, there's no real reason why it should be $900K. What made it $900K were dealers trading them around, similar to the way it happened with the G-Wagon hot potato mess, or even the housing market. Now the dealers are stuck with these SVJs and all they can hope for is to keep the price high, but there are already some listed in the high $600k's., with over 60 of them available in the market as of Dec 25, 2022.
@armandopiedra4913
@armandopiedra4913 Жыл бұрын
I respectfully disagree 💯I do crypto 24/7, bull run 2024-2025 coming , fEd👺will lower rates by years end,& print trillions TRILLIONS next year, assets will🚀blackRock & many others r filing for BTC etf, now a huge DEPRESSION will hit 2028-2029 during next SHMITA 💥economic crash that happens every 7 years , research 🔬 SHMITA
@iCozzh
@iCozzh Жыл бұрын
@@ExoticCarHacksa years almost up!
@stevemundie8495
@stevemundie8495 2 жыл бұрын
As usual, I think you are spot on. There are VERY few Aventadors for sale in Australia. Good work!!
@steverl22
@steverl22 2 жыл бұрын
The market is cooling off nicely👍🏾 SVJ was never a $1,000,000+ car and great $700,000 car.
@navendabria
@navendabria Жыл бұрын
What do you think about older BMW M8’s (2020)?
@number36420
@number36420 2 жыл бұрын
Waiting to pull the trigger finally on a huracan. Hopefully this upcoming summer. Looking at a 580-2 preferably. Where do you see the value going on these ? When do you think the best time would be ?
@skydance2012
@skydance2012 2 жыл бұрын
I'm long on a NEW GT4RS Love'n it! Your vids are awesome!
@bennynieto832
@bennynieto832 2 жыл бұрын
Dope artwork on the wall!!!!
@markoon139
@markoon139 2 жыл бұрын
What do you think about the new Z06? They are going for way over MSRP right now. Think it'll hold in the long run?
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
Nope
@loganr9066
@loganr9066 2 жыл бұрын
But standard 2023 corvettes have large price reductions alot going for at msrp
@sektionobc9485
@sektionobc9485 2 жыл бұрын
Will you buy a 911 GT1 ?
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
no
@sektionobc9485
@sektionobc9485 2 жыл бұрын
@@ExoticCarHacks why not?
@fractionizedwealth
@fractionizedwealth 2 жыл бұрын
it's videos like this where i understand your haters the most...it's the insight...you can hate on the car collection but the man studies his ass off and shares the wealth (and is spot on) unlike these gurus in other categories.
@kianmolavi5170
@kianmolavi5170 2 жыл бұрын
I'm looking into buying the new 2023 Aventador as I sold my Aventador S. Would you say that that is a good choice or should I hold on and by a used Aventador SV coupe?
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
Not enough info about the new model to say for sure. But the SV and SVJ are safe bets.
@ashaikh95
@ashaikh95 2 жыл бұрын
The new aventador replacement is amazing, better than SF90. Strongly urge you to get the Aventador Hybrid.
@kianmolavi5170
@kianmolavi5170 2 жыл бұрын
@@ExoticCarHacks thanks
@kianmolavi5170
@kianmolavi5170 2 жыл бұрын
@@ashaikh95 thanks
@canyonrun2565
@canyonrun2565 2 жыл бұрын
What's a good price for a SV? Seeing these keep dropping $30k - $50k every few months to around $550k range.
@RealExpertsPro
@RealExpertsPro 2 жыл бұрын
Solid Gold. Every Word. Pay Attention to this man...
@gerrydave7586
@gerrydave7586 2 жыл бұрын
You’re so spot-on! Electrification will be equal to watching a silent movie. In other words, for car guys, ridiculous!
@jowga
@jowga 2 жыл бұрын
Stay focused, stay on point for your content is amazing. I notice this the better you are the more negativity will try to bring you down
@nojabs999
@nojabs999 2 жыл бұрын
Sto? Lots for sale in the UK,just over list price.
@danniepushkin5849
@danniepushkin5849 Жыл бұрын
THUMBS UP. so hard to predict this stuff because i never cared about stock cars much or , even worse, cars that has some kind of package on it specific to a previous owner. It has ZERO RELEVANCE on how rare or "sought after" the package/car combination is. every car I buy has to be modified to be a car WORTH OWNING. and also, this widely spread out of proportion obsession with noise, " i have to have noise for a car to be exiting" is just so unbelievably empty-headed that I never see a day when I would be able to see where these opinions are grounded.
@ricsu3462
@ricsu3462 2 жыл бұрын
I don’t see any downside in the new AVs, it’s still a v12 naturally aspirated which means it will sound great, it got boosted by electric motors so we know it’s fast and it’s got a dct so we know it’s easy to operate and no longer move like a cripple in slow city driving. The current AV will be at a sig discount with so many made. I think the SVJ will have its place with the carbon overload and ALA, maybe the SV too but regular Av will not go much higher. I don’t think it will be worthless tho,as it’s timeless and very distinct from the murcie and will always be a bargain v12, but it won’t skyrocket (high maintenance, unreliable, leaky gear box, needs mods to look and sound great). They just don’t sell some cars I follow have been on the market for over 10 months
@BigtimeBigA
@BigtimeBigA 2 жыл бұрын
Most people that have never owned an exotic don’t realize how much ownership costs are between service and repairs, I think with the huge decrease in maintenance and repairs you typically get from electric, this could bring more people into exotic market.
@GEOFFYCOLLECTION
@GEOFFYCOLLECTION 2 жыл бұрын
Is that drift in the background transformers?
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
yes
@thomaslach865
@thomaslach865 2 жыл бұрын
Bought a 488 Pista about 3 years ago, great spec like the light blue one you used to have, just in white. No after 2 year wait, I got my SF90 from the dealer. what a great performance. BUT: The SF90 has no soul - The Pista however feels like a Ferrari should feel. Used it on the race track a few times. One hell of a ride!!! I also think the Pista is a much better investment and will go further up. I better get rid of the SF90 as soon as I get at least the MSRP. What do you think PJ?
@david.gt3196
@david.gt3196 2 жыл бұрын
I believe 2024 the global economy could be one of the worse recession to date. It has potential to equal the great depression. If anything close to this happens, you will see an oversupply of cars in the market, because wealth will shift assets and invest in areas that are at rock bottom prices to ride the wave back up in the future. This will create prices to come down for a period of time making the opportunity even better than today. I do agree, there are limited pockets in today's market to take advantage but only a small population of people with the right networks will get. We haven't seen the panic in the market yet, so I think a better time to invest is still in the future. Just my two cents. I appreciate the content you produce.
@loganr9066
@loganr9066 2 жыл бұрын
Spot on.
@pdeazy8207
@pdeazy8207 2 жыл бұрын
What a great take on electric sports cars!!! Those Shits for drake fans and 🌈 men, Men that avoid going to sporting events cuz it’s loud for their precious ears and prefer white claws over beer cuz of the calories! Give me a naturally aspirated v12 engine all day any day over anything electric or even hybridized
@pwnagepplful
@pwnagepplful 2 жыл бұрын
men that avoid going to sporting events are gay? Bro you walk around worshipping athlete's achievements like your own and wear their names on your back like a proud cuck.
@eriolgjergji241
@eriolgjergji241 2 жыл бұрын
Adjust your microphone bro
@allthecommonsense
@allthecommonsense 2 жыл бұрын
Sounds fine to me
@HotshotWarrior1
@HotshotWarrior1 2 жыл бұрын
I believe that the gas engine exotics will explode in value once the EV cars hit the streets. The EVs will never hold their value as the gas vehicles do. It would be nice if they just gave us the choice to pick between the two in the future.
@billybadmind3439
@billybadmind3439 2 жыл бұрын
Move on to the next! People stop buying cars, watches and sneakers in 2022! Buy Islands 🚀
@nicknedelcu
@nicknedelcu 2 жыл бұрын
PJ hasn’t been wrong so far 🤓 🍪
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
Realistically I'm about 80-90% to be fair. But you get that accurate when your projections are based on real data and not the feelings of poor people lol
@hosoiarchives4858
@hosoiarchives4858 2 жыл бұрын
It’s all coming down. It was fun while it lasted
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
Come back in a year and we'll see who was right
@hosoiarchives4858
@hosoiarchives4858 2 жыл бұрын
@@ExoticCarHacks lol the economy is going into the worst recession in our lifetimes, and you think cars are going up? Good luck to you
@Nickgyw6
@Nickgyw6 2 жыл бұрын
@@hosoiarchives4858 The exotic car market is different than traditional markets
@hosoiarchives4858
@hosoiarchives4858 2 жыл бұрын
@@Nickgyw6 Good point. It is far more fragile
@ouriabdo8
@ouriabdo8 2 жыл бұрын
you need to see the graveyard full of people that doubted PJ
@armandopiedra4913
@armandopiedra4913 Жыл бұрын
🏆INFORMATION IS THE MOST VALUABLE COMMODITY 💎💰u bring tons of value, THANK U
@Heavytee21
@Heavytee21 2 жыл бұрын
I don't think we have the recourses to produce that many batteries plus they are toxic batteries where do we put them.
@hosoiarchives4858
@hosoiarchives4858 2 жыл бұрын
The Nevera will turn all these cars into glorified riding lawn mowers
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
I drove it, fast but not putting any true exotic car with a combustion engine at risk.
@hosoiarchives4858
@hosoiarchives4858 2 жыл бұрын
@@ExoticCarHacks when your moms Tesla goes faster than any exotic car you own what is the point of a gas engine. Gas engines are 8 track cassettes going into a digital streaming world. The exotic car industry is coming to an end and all those cars will be sold,for scrap
@dwight122324
@dwight122324 2 жыл бұрын
LOL never.
@hosoiarchives4858
@hosoiarchives4858 2 жыл бұрын
@@dwight122324 it’s already happening. Bugatti will never make another gas engine, Lambo and Ferrari are going hybrid which is just a short step from electric. All these gas engines are headed for the scrap yard. Nothing to do with hate, I’m just being real with
@yougs02jrt
@yougs02jrt 2 жыл бұрын
@@hosoiarchives4858 yup just like the color printer made all those Picassos worthless.
@jonreedy467
@jonreedy467 2 жыл бұрын
Hahahaha this is what you call in trading “dumping on retail”. That SVJ is spec’d beautifully but it has the stigma of this guy with it. It’s been listed for a while at 999. Not sure if it’s consigned or he sold it to a dealer.
@ExoticCarHacks
@ExoticCarHacks 2 жыл бұрын
If someone wants to pay me all the money, they can have it. Otherwise, I keep it.
@9doggie12
@9doggie12 2 жыл бұрын
Nobody who drives a v12 hyper car cares about the environment or gas mileage lol the
@johntan3405
@johntan3405 Жыл бұрын
Do you paid for those cars in cash? Do you think everyone has cash to paying for those cars. I'm telling you the truth nowadays the interests are too and Bank is lost a lot of money 💰 to subprime auto loans. The bank can not handle millions of repo cars. Anyway I hope you happy with your cars.😂
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