veyron goes 269.8 mph
- Thread starter Fast Freddy
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HHGT
Guest
Talking about people paying OVER msrp is not really relevant in my opinion. There are always people that will pay OVER MSRP to be the first. Fact is, the MSRP was actually a little under $1.4 Million. Not sure where you are getting the info that they are selling less than 1 Million. Mine is the ONLY one I know of advertised anywhere for under a Million and thats because of the higher miles (6k+). Low mile cars are still bringing well over a million. We can guess all day long, but we might as well just wait until production stops and new inventory is gone and see what they do. I will not argue the fact though that the Enzo has faired very well. It was ahead of its time and still looks good today. No arguement there.
PM Sent
shelbyelite
PERMANENTLY BANNED
- May 10, 2007
- 1
- Aug 25, 2006
- 4,436
Huuum .... a very interesting thread
Now my position remains the same; the Bugatti Veyron is a phenomenal gal and the Lamborghini LP670-4 SV is a fricken awesome extremely visceral gal.
I just read where Motor Trend did an article on a Bugatti Veyron and a Lamborghini LP670-4 SV while being exercised together in the Middle East aka Qatar and both gals albeit different on so many levels shined brightly.
Takes care
Shadowman
Now my position remains the same; the Bugatti Veyron is a phenomenal gal and the Lamborghini LP670-4 SV is a fricken awesome extremely visceral gal.
I just read where Motor Trend did an article on a Bugatti Veyron and a Lamborghini LP670-4 SV while being exercised together in the Middle East aka Qatar and both gals albeit different on so many levels shined brightly.
Takes care
Shadowman
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Gulf GT
GT Owner
Agreed on both parts. I hear they are coming out with a roadster version of the LP670-4 SV.
Again I'll restate it. If Ferrari came out with a car that was nearly 1 second faster at Fiorano than any roadcar they have ever made including the Enzo, Scud, 458, etc., people would be going nuts over it. Well they did, 599GTO. It may not be the wildest looking supercar, but it may very well be one of the fastest in history on a track. Very under rated by the car owning public. It's been a long time since Ferrari produced a real race car for street buyers.
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SYCO GT
GT Owner
In percentage terms yes, but would you rather have your M3 lose 50% value after 5 years (still within top 5 highest residual value cars) and lose the $30K.
Or lose "only" 25% in 4 years, but ultimately have $300K less in your bank account, due to the high initial acquisition cost?
Absolute values are important too, perhaps moreso than percentages, when comparing apples to oranges.
Of course, given the choice, I'd rather be the person that could truly afford to purchase the Veyron, and happily accept the depreciation. And yes, I'd clearly rather drive the Veyron than a M3.
Additionally, I'll agree 25% depreciation in 4 years is quite good for a supercar.
BlackICE
GT Owner
Assactly! Off the top of my head, the only supercar that did better is the Ford GT.
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HHGT
Guest
Randy, I don't know where you got "The top 5 highest residual value" from, but here are the facts...
Using the 5 year example, the MSRP for a 2005 M3 is # MSRP: $47,300 - $55,800 MSRP. I'll just use $53K as an avg.
The Manheim average for these cars is ... Sale Price $30,795 $21,283 $11,771 for Above, Avg & Below respectively. I'll use the Avg of $21K
$22K/53K yields a 60% loss not including new car registration and delta in taxes
On June 17, I witnessed an extremely clean yellow M3 go through and it struggled to reach $20K
Now take the engineering marvel, the 2006 M5. $100K car with all the magazine hoopla. Now the engine discontinued, SMG problamatic and struggling at auctions to get $35K all day long. Don't need to do the math, you get the point
There are many cars that hold their value far better than the M3 & M5 and many are domestic products. And don't get me started on the 7 series flagship, it has to be the worst resale ever...
Incidentally, and I think it was car & driver, reviewed the Audi, Infinity and the new BMW 5 series. The BMW came in last place. I personally think the Audi is a far better product and would enjoy driving one.
My personal opinion is that BMW is the affordable status symbol and nothing more. If you are buying for resale residual...well you shouldn't..:cheers
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Empty Pockets
ex-GT Owner
Wifey bought (well, I bought) her "Bimmer" (nod to Chris) 'cause she thought it was "cute" and because of it's safety features. Nunna that status or resale horse pucky was even brought up, much less discussed or considered.
Buuuuuut then, we like The Wynn, too...so what the heck do we know! 'Right, Sam? :rofl
BlackICE
GT Owner
As for the 7 series, ain't it the truth! But when I bought mine I believe it was the best driving boat at the time. I liked the interior of the Audi A8 better, but didn't like the handling with the engine hanging over the front axle. As for the 7 series electrical "features" Windows may be better, oh, wait, it is Windows. That explains it all!
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BlackICE
GT Owner
Yep, Ferrari copied Chevy. The Chevy is a better value and it's resale price holds up better too!
Empty Pockets
ex-GT Owner
SYCO GT
GT Owner
Sorry Sam, my mistake, the BMW M3 was actually listed in the top 4.
Source: (1) Edmunds
http://www.edmunds.com/reviews/list/top10/115129/article.html
Also listed in top 4.
Source: (2) Consumer Reports quoted by Motortrend
http://forums.motortrend.com/70/104...-10-best-and-worst-cars-for-deprec/index.html
>>>>>>>>>>
Additional sources, such as (3) Kelley Blue Book, (4) Automotive Lease Guide, (5) Carfax interpreting KBB data:
Fortunately, BMW has been recognized for its strong residual value by multiple major independent organizations, in fact:
Kelley Blue Book named the 2007 BMW 5 Series the winner of the Luxury Vehicle category in the Kelley Blue Book 2007 “Best Resale Value Awards” and the 2007 5 Series an “Overall Top 10” leader in projected resale value.*
This isn’t the first time BMW received such recognition. Kelley Blue Book has awarded BMW over ten Best Resale Value awards since they were first established in 2003, and this is the second set of wins in the Luxury Vehicle and Overall Top 10 categories in the past three years.
http://www.bmwusa.com/Standard/Content/Owner/ResidualValue.aspx
http://www.cars.com/go/advice/Story.jsp?section=buy&story=hiResidual&subject=best_resale
http://www.carfax.com/dp_rpt_links/KBB_Award_Winners.cfm
BMW continues to garner top honors for rolling out quality vehicles that promise exceptional driving experience and value for money from various quarters. This time, the automaker drew acclaim from both Kelly Blue Book and Automotive Lease Guide (ALG) for the best resale value of its vehicles.
http://www.prlog.org/10473422-top-recognition-for-bmw-cars-for-best-resale-value.html
Which european luxury brand do you believe outperforms BMW for residual value?
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SYCO GT
GT Owner
Phoenix Yellow has to be the ugliest yellow on any car ever made. That color alone knocks $10K off the price, for a necessary repaint. And you are a witness to that very fact.
For the brave....Click on the link, then for the truly brave, click to enlarge:
http://rides.webshots.com/album/30146067cwtuovTWbC
SYCO GT
GT Owner
Seriously? Would love to see that article. I find it hard to believe BMW coming in last place in a multi brand comparison.
BMW destroys Audi in residual values and reliability and marketplace.
- Aug 25, 2006
- 4,436
No mistake as Kelly typically does not post for extreme exotic and supercars; even the 2006 MINI GP has still not appearsed because the sales activity has not been great enough to create a flat line.
These are the main stay gals and as stated today is used for gals to be leased on an extreme level.
Shadowman
H
HHGT
Guest
Car & Driver August 2010 issue.
Cover: "BMW 5 Series The Rematch" You're not going to believe this one!"
Article: Pages 44 through 52...
Competitors: Audi A6 3.0T Quatro $55K --- BMW 535i $57K --- Infinity M37 $60K
Ranking: Audi 1st place --- M37 2nd place --- 535i Last place with Features & Amenities categories scoring a 1 out of possible 10
H
HHGT
Guest
They could be listed in the Smithsonian, the discussion was centered around resale value! According to the Manheim/Internet MMR, the largest auto resale database in the world, the resale is horrid.
With respect to outperforming BMW for residual value, AMG is far stronger than the M brand. I'm sure there are others, but I'll have to do some research. I'll buy you a beer next time I see you. Cheers!
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