This is How Much Car Prices Dropped – Mclaren 570S | Porsche Cayman | Ferrari F430

If you are wondering how much car prices dropped in the last 3 to six months, then this is the video to watch. I will namely show you exactly how the prices and depreciation curves moved for the McLaren 570S, Porsche Cayman 718, and Ferrari F430 market. The result might surprise now.

A lot of talk is going on about the current movements in the car prices. Are prices decreasing? Will the market crash? Or will it rally ? There are many ways to investigate this and you can then also find many different views about the future of car prices. This video I, however, focused on the view most familiar to me, a data-driven view. We will namely systematically analyse the Mclaren 570S, Ferrari F430, and Porsche Cayman 718 market and figure out how the prices and depreciation curves changed. For each market the video is split into two parts, the first part focuses on the changes in the prices while the second part focuses on the changes in the depreciation curve.

There are big differences in the price changes between the markets. All markets, however, show changes which are in line with the expectation. Based on the previous depreciation curves, the decrease in prices is namely normal. As of today, there is then also no market crash visible in the prices.
However, there are some reasons which one can think of as to why no crash is visible. First, it might be too soon. Second, we are looking to aggregate car prices. Third, we are looking at the advertised prices which might not reflect the changes.

My gear

Index
0:00 Introduction
02:12 Mclaren 570S price and depreciation change + did the market finally bottom!?
06:34 Ferrari F430 price and depreciation change
09:11 Porsche Cayman 718 price and depreciation change
11:19 Conclusion - did the market crash?

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.

[fourwheeltrader]

*Which car would you like to see analysed next?*

[carlfrederick]

The 2020 Cayman GT4 and 2021 Cayman GTS both with 6 cylinder engines has affected the price of the 2019 and eariier 718 Caymans with 4 cylinders.

[Zitin]

Awesome Video as always. Would love to see your analysis on the Lamborghini Murcielago market. Keep up the great videos!

[ff]

This video is so fantastic I don't even find the words for it. Great, unbiased look at the data, that's the way to do it right. Thank you so much! I'm surprised about the outcome, but numbers don't lie. All the more interesting! I especially want to give kudos to you that you also (in the description section, too) had a critical look at your own analysis, ie factors why things might nonetheless be different. This is what makes you a true professional. Two thumbs up! I appreciate your explaining things in plain words, ie what it all means, and also the summaries in the beginning and the end. This makes it so much easier to digest. Thanks again!

[NoahBB]

Thanks for the great video, very much enjoyed it. Interesting to see that it hasn't changed "asking" prices. A follow up in 6-12 months would be interesting.

[DoctaM]

Awesome analysis. I think we need to evaluate this in 3-6 Mo. I don’t think we’ve seen the full effect yet.

[chrispyy]

I think for the Cayman/Boxster another factor might be the announcement of the GTS 4.0 model. I was looking at the 718 but held off as I didn’t like the boxer 4. With the new 6 cylinder NA motor I imagine there’ll be negative price pressure for pre-2020 models as well as an increase of 718s in the used market in general. Everyone is going to want that GTS 4.0...

[cobs]

I’m absolutely loving your Channel! I have a tough one for you. I’m in the market for a new cla45s 4matic+ plus. I have been offered a 6month old one and I don’t think the discount is anywhere near enough. Can I compare the depreciation from the previous CLAs where it seems they have completely changed pricing for new models and are much quicker. I think it’s more of a prediction???? What sort of analysis should i use? Average drop in first year of mid range amgs? Sorry if this is too specific! I’m loving data driven approach you use, thanks again for these videos

[KevinSpindola]

You definitely need more subscribers man! Awesome info

[Elitecamp]

Great video! like you said i think it's still too soon to see how much the market will be effected by the current conditions.

[MijnTandarts]

Always love your videos. Can you make one about the Ferrari F12? Keep up the good work.

[ghostridertom]

Your videos are great help in my hunt for 987 Cayman S. Thanks for your work.

[christiangisy]

Thanks for the great data driven analysis! One question tough: only Continental European cars or also uk based cars included (LHD vs RHD) especially for the McL? Thanks

[alkoenig]

The 718 also dropped due to the announcement of the new 4.0, dump the 4 cylinders early...

[shabbar]

Great content. The market drop of the e-golf is quite interesting. No idea however how VW will handle the battery issue in the coming years.

[danhall]

Obviously dependant on different markets but performance cars seem down in the UK, SUV’s however are stable.

[Harpreet]

I think there are signs of an increased depreciation for the McLaren at least. If those 4 new cars can't sell due to the economic condition, then they'll have to discount heavily and McLaren's already discount new cars quite a lot as it is. It's also summer which is usually a time where supercar/sports car prices go up, at least in the UK. They then go lower in the winter. I've been looking at r8s in the past year and some cars are sell for £6-7k more list price in the summer than winter (but still don't sell lol). Was the manual F430's in that data? Their prices are crazy, in the UK they're higher than 458s with same mileage.

[anonymoussubscribed]

Helo bro can you tell me the mercedes amg gt 2020 price after 5 years (now it is 115k usd can you tell me the price after 5 years pls i have some math problems)

[mikegoldstone]

Isn't the issue that you are using 'asking' prices, not 'sold' prices? Like real estate, the real market in a period of turmoil like this is the clearing price for a forced seller (for example, someone who has to sell a car for cash in 3 weeks to cover a margin call)?

[BobMahal]

Great video thanks. I would love to see in a few months, the affect of the Covid recession on the Porsche 911 991 market which is pretty prevalent on the market but also still desirable.