This page has been archived and commenting is disabled.
A Tale Of Two Winters
Presenting the US car market this cold, stormy, sunny, dry, and rainless winter according to "The Haves... and The Have-Nots..."
The Haves...
- *FERRARI POSTS RECORD SALES IN U.S. AND U.K. IN 2013
- *MASERATI GLOBAL SALES MORE THAN DOUBLE IN JAN
- *PORSCHE REPORTS RECORD FEB. SALES (UP 15%)
- *MERCEDES REPORS HIGHEST JAN SALES IN HISTORY
- *LAMBORGHINI SEES 2014 HURACAN DELIVERIES EXCEEDING 1,800
And The Have-Nots...
- *FORD FEB U.S. LIGHT-VEHICLE SALES FALL 6.1%
- *GM FEBRUARY U.S. SALES FALL 1%
- *TOYOTA U.S. FEB SALES DOWN 4.3%
- *VOLKSWAGEN OF AMERICA FEB. VEHICLE SALES DOWN 13.8%
- *HONDA FEB. U.S. VEHICLE SALES FELL 7%
It appears the 1% don't feel the cold (or wet) weather?\
What is supremely clear from this data is - if you want to sell cars, raise prices...
- 16159 reads
- Printer-friendly version
- Send to friend
- advertisements -


The site is currently not available due to technical problems. Please try again later. Thank you for your understanding.
Charles Plosser Stock market rising mostly on ‘fundamentals.’ http://hedge.ly/1bThYgM
I would be curious to know about Hyundai's sales.
http://www.usatoday.com/story/money/cars/2014/03/03/asian-hyundai-toyota...
Down 6.8%.
Only cars on the MID ATLANTIC roads today...
~~~
- Dick Dastardly & Muttley in the MEAN MACHINE
- The Slag Brothers in the BOULDERMOBILE
- The Gruesome Twosome in the CREEPY COUPE
- Professor Pat in the CONVERT-A-CAR
- The Red Max in the CRIMSON HAYBAILER
- Sergeant Blast and Private Meekly in the ARMY SURPLUS SPECIAL
-The Ant Hill Mob in the BULLETPROOF BOMB
- Penelope Pitstop in the COMPACT PUSSYCAT
- Luke & Blubber Bear in the ARKANSAS CHUGABUG
- Rufus Roughcut & Sawtooth in the BUZZWAGON
- [ZH's own] "DC Fusor" in the $40,000 US TAXPAYER DOLLAR/GOVT OBAMACARE SUBSIDIZED ~ COAL FIRED ~THIS IS THE 2ND HALF AMERICA ~ CHEVY VOLT
Well, I do not know what you find on Brazilian roads now, but I will try to give you guys a report on cars in Peru in the coming days (nos vamos alli pronto, pezez!).
On the current path... soon... EVERY car will be "courtesy of Fred's TWO FEET"
~~~
Well, that's why I have a bike!
I sold my 2 cars a few years ago and now use a longboard and the Subway. I even splurged on a deluxe (local Brooklyn made) longboard model to the tune of $350. They even took fiat currency (heh heh)
Don't forget Peter Perfect in the TURBO TERRIFIC
http://youtu.be/ESi7uGMNaMs
Obozo in the CHOOMWAGON
Thanks, seek, you da man!
Duh obamas socialist paradise made everyone rich so nobody wants crappy gm cars anymore everyone is riding in ferraris
EBT car
LOL!!!
It's the weather! All those GMs, Fords, Chryslers, etc are sold in the frigid fly-over states. The Maseratis, Ferraris, Lamborghinis, Porsches etc. are all sold in places like Beverly Hills, the Amalfi Coast, the South of France, Monaco, Miami, and Cote d'Azur ... the warm places.
my guess is that 90% of the 1% can't afford porsche or maserati ... and 99% of that 1% can't afford ferrari or lamboghini ...
You're not far off at all.
IRS cut-off for top 1%: $389K. After tax income: about $275K
Price for a new Ferrari FF: about $280K
So a new ferrari is actually more than an entire year's after tax for someone just on the 1%er threshold. Even financed it's a stretch once you account for depreciation. Add in maintenance which is fucking insane, plus insurance and yeah, being in the 1% won't cut it. Maybe the 0.25% or so.
A couple in our condo building owns a Ferrari. The first time I met the guy (call it two years ago), he told me that his wife was from Venezuela. "Ah, Venezuela", I mentioned, "I hope you guys don't have any money down there..."
He replied, "No, we have almost nothing down there..., well our house in Caracas..., and our house at the beach."
[Yow! I think, this guy is worth MORE than an order of magnitude more than we are...]
***
So, yes, I think seek has it right, there are several "levels" of wealth among the 1%. I guess if you have BIG $$$, there is always a fairly easy way to spend it...
Surely you jest... Using the bottom of the IRS threshold is hardly definitive... All I know is that there is a lot of $$$ rattling around in the economy and I lose count of all the high-end vehicles I see on the road every day...
So the average working stiff makes $40k/yr yet buys a $40k Ford F150 FX2 or a 40k Honda Accord. It's called making payments.....
I know a guy who makes twice that who bought a used car for less than $15,000. Come to think of it, his avatar looks alot like mine.
So a new Ferrari FF goes for around 13,000 ounces of silver.
A brand new 1962 Ferrari 250GT cost around 12,500 ounces of silver.
FF is definitely better than that 250GT.
What a difference 52 years makes.
I disagree.
I would take a 250GT anyday over an FF.
Then again I would take an M1A2 Abrams over a Ferrari as well.
I could own a Ferrari
But it would look stupid in my garage,at work(yes,I work,55-60 hrs a week)
So,no.
3year old Nissan z.0-60 in 4.8
You guys are all wrong. Some people buy these high-end cars for cash, and some of them don't have very high incomes. Assets and inheritance are unrelated to income. Many more are financing, also with only moderate incomes. There is also the attitude that the cars are investments because they hold their value.
One of my big regrets is not buying a Ferrari in 1999. At the time, I had no earned income at all, I was a student with some investments.
Or as The Decider has put it: "The haves and the haves more.." are the only buyers now.
So, is Ferrari channel-stuffing too? Are the dealers piling the inventory in the vacant parking lots of K-Marts?
No, I just checked my local Ferrari dealer, they had ONE unit on the lot, and it was sold. Everything else they had was Maserati (which they had a LOT of) and the Maserati's definitely had 1%er capable prices (120-150K).
Alfa Romeo Disco Volante by Touring - A customized Alfa 8C
http://www.autoexpress.co.uk/car-news/20211/alfa-romeo-disco-volante-tou...
I bet its the NFL..NBA and the Pot store owners in Colorado and Washington..
At least the pot store owners will have to keep buying new cars.
Why is that?
Do you smoke pot and forgot or did you never smoke pot?
You can't smoke, drive and stay on the road
Cough, cough, horse shit...
1st rule of fight club
Speak for yourself there trusty.
1st rule of fight club
I can, so speak for yourself. Or, do you simply not know what you are talkng about?
If you've gotten a really good high, it's difficult to remember the last word you spoke, where on the map you are, let alone where you parked your car.
The motor car being the coolest item one could own in the 20th century is wearing off her appeal. Have a barns
full of quite a collection of vintage cars I`am selling off for some time now and got to the point I don`t have to drive
anything anymore.
Plan to keep the odd 4WD truck and a jeep for the farm and
get rid of the lot. God thanks the prices are better then ever.
Keep one around that got no computer, GPS or any electronics. If it's got an old points-style ignition, so much the better for being able to drive around the day after an EMP blast. I'm keeping my old Malibu forever.... just in case. When all the modern cars have their circuit boards fried out of them, the 'Bu will still run.
Where are you going to get gas? Every pump I've seen for the last 12 years has converted to a 'puter system.
You think a man with that mentality wouldn't think ahead to have a little fuel stored up?
Gasoline has a shelf life, even when treated...
Rotate your stock frequently pre EMP and then the day you actually need it, you should be good for a while. A little Stabil won't hurt either.
Small number of rich, large number of poor and just enough middle class to service the rich. As it has been in most societies throughout most of human history. A giant reversion to the mean in progress as we speak.
those cars are totally practical for pothole strewn roads lined with criminal hordes
GM sales are actually down 12% as per ZH previous post.
GM sales to Dealers up but actual GM sales down.
Meh who cares, Tesla is at least, AT LEAST 50% over valued yet had a fifteen dollar reversal to the upside. They are not even profitible but have a market cap basically equal to GM.
Its all smoke and mirrors.
Tesla is the tulip bulb investment of the global warming left.
Me thinks the 1% think the dollar will buy less foreign cars in future.
I don't buy cars, but when I do, it'll end with an "I".
Hyundai.
As a salesman at a Chevy Cadillac dealership in the northeast I can tell you that Jan and feb have been tough months for new vehicle sales. While the weather certainly did slow momentum it's the eroding middle class which is really slowing down sales.
I am optimistic for march as the spring - summer months are always better for us. However I'd really prefer to grow my account more and trade forex for a living...
My last GM Yukon cost $42k a similar new GM is $62k - crazy.
$62k is 47oz of gold or 3000oz of silver.
F' the GM unions and the stock they stole from me.
A new Yukon Denali is about that, yes. You can get a used 2013 with low miles modest but solid equipment for under $40,000.
Gold is nice and will appreciate more over in the future, but you can not use it for transporting people or goods.
I am not a union member, I work on salary plus comission. I opted out of my benefits to take more $$$ instead.
Always the salesperson trying to bring home the dinero - I can appreciate that.
Sorry OL but the cost of a nice GM vehicle has gotten crazy and I personally cannot get by what 0 and the GM unions did to me and continue to do to the taxpaying public.
They are essentially a branch of the IRS and are taxing every US citizen to fund their pensions and healthcare benefits and what a coincidence they are pardoned from being required to use 0-care.
Keep stacking
A Dodge listed $52k costs $30k after $10k trade and coupon from USAA car buying service.
You should sell real estate, lol.
Looked up one of the local ladies in online court records and she was foreclosed upon (3,500 sq. ft. house) in 2009 and filed Bankruptcy in 2010.
Anyone looking to buy from a middlewoman like that?
But hey, she's been driving a Lexus (leased most likely because her vehicle information goes from 09 to 11 to 13) based on her traffic tickets, failure to register, suspended licenses, and failure to show registration to the officer.
So that's good right, leased Lexuses?
Fucking beautiful!!!!!
You catch this Barry????
Oh wait, I bet you're too busy to look at this because your jerking off Putin in hopes that he leaves Ukraine.
Fuck Barry - leave the fucking White House NOW!!!!! YOU USELESS TIT!!!!!
I guess we need a cash for clunkers program to pull demand forward.
Plus --
Interest rates are too high - get to work Janet.
Credit is too tight - many unemployed don't even qualify for a loan!
/s/
Cash for clunkers 2 coming soon.
With no debt ceiling or limit expect Barry to propose cash for clunkers within the next few months. Barry is in a spending frame of mind. Expect over $18 trillion in debt very soon
Zimbabwe or bust.
WordPress, bitchez!
I've got three vehicles that are fully paid for, do not intend to buy another for a very long time.
1. 1998 Ford Ranger
2. 2004 Ford Lightning
3. 2006 Suzuki M109R
I won't be the one saving the industry. ;-)
Oh yes, they're all still very nice and well maintianed for their age. Even the 98 Ranger still runs like a top, purrs like a kitten. The Lightning, what can you say? Supercharged V-8 premium gas hog. ;-)