WARNING: Inflation Just Ate Your Exotic Car For Breakfast

Exotic car values decreased for the first time in fifteen months. After an unprecedented price increase in used sports car, super car, and collectable car values (everything exotic), the market is cooling off. Does this mean that the car market bubble is close to popping and will we see a crash in 2022 or 2023? Register to bid or list your car for sale today: *ExclusiveAuctions*: https://www.exclusiveauctions.com/fwt Ferrari price bubble article: https://insider.hagerty.com/trends/th... Follow me on Instagram:   / fourwheeltrader   Contact me at: [email protected] For the first time in 15 months, Hagerty’s inflation adjusted market rating shows a decline. Moreover, we can clearly see that asking prices for popular used cars are flattening. Prices for some cars even decreased. The last time that we saw such a strong price increase followed by a flat price development was during the Ferrari price bubble in the 80s. Due to numerous factors, Ferrari values soared. Yet, it was not too long before the market turned and the bubble popped. Many cars were underwater and fire sales increased. This raises the questions: Are we currently in a price bubble like we were in the 80s? The market shows numerous similarities which indicate that we might be. However, there are also important differences and one can therefore argue that the two situations are not comparable. In the end, I think that a market crash scenario like we saw in the 80s is unlikely. Rather, I think that we will see flat price developments or minor price decreases. This means a return of the depreciation per 1000 miles and per year. 00:00 Are car prices in a bubble? 00:39 The big market slowdown 07:29 80s Ferrari price bubble 09:37 Current situation vs the 80s. 13:06 Price forecast Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.