986 Forum - The Community for Porsche Boxster & Cayman Owners - View Single Post

ike84 · 05-01-2022, 08:45 PM

New car prices won't come down until the market is saturated with chips again. This won't happen until asia is back to full capacity, which ain't happening tomorrow. Until then, used car prices will continue to climb (although it will be interesting to see what happens as more people will need to turn to banks for financing because of the rising prices, only then to be faced with massive interest rates). When the dominoes do line up though, there will be a lot of people with a 20 year old used old car in their driveway and a bad case of buyers remorse.

The Ferrari bubble was wild though. A good friend of mine, van shappley, became a very very wealthy man riding that market. That was a very different beast though, fueled by opulence and economic prosperity, which crashed as analog supercars became a thing of the past along with the wild wave of modernization that characterized the 90s.

Fun thought exercise!

Sent from my SM-G970U1 using Tapatalk

05-01-2022, 08:45 PM	#2
ike84 Registered User Join Date: Oct 2020 Location: KY Posts: 1,216	New car prices won't come down until the market is saturated with chips again. This won't happen until asia is back to full capacity, which ain't happening tomorrow. Until then, used car prices will continue to climb (although it will be interesting to see what happens as more people will need to turn to banks for financing because of the rising prices, only then to be faced with massive interest rates). When the dominoes do line up though, there will be a lot of people with a 20 year old used old car in their driveway and a bad case of buyers remorse. The Ferrari bubble was wild though. A good friend of mine, van shappley, became a very very wealthy man riding that market. That was a very different beast though, fueled by opulence and economic prosperity, which crashed as analog supercars became a thing of the past along with the wild wave of modernization that characterized the 90s. Fun thought exercise! Sent from my SM-G970U1 using Tapatalk __________________ 2000 Box Base, Renegade Stage 1 performance mods complete, more to come When the owners manual says that the laws of physics can't be broken by this car, I took it as a challenge...