I see new Range Rovers all over LA with temp tags. Is this supply or demand?
Great lease deals?
Or some response to the quarantine?
High inventory vs other brands?
Wealthy people are doing extremely well. And people that think they’re wealthy bc of home equity are taking on debt. I’ve been busier then ever the last few months and beginning of the year is supposedly the slow time for car sales. Prices are up, inventory low and people are working from home. But still buying like crazy. I guess a lot of people have more disposable income now as there’s not much in the way of entertainment to spend on.
Also the used market seems to be in a major bubble as well. Used cars selling at or above msrp is happening in brands that never were the case before. It’s truly a tale of 2 cities.
I see no less then 15 20/21 g63s every time I leave the house in south Florida.
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It’s an interesting phenomena that has high potential to end badly. Personally don’t understand the whole thing of “get money, must spend it immediately” (not talking about truly rich / wealthy people here). The past year has either been a complete disaster or an absolute win, I honestly don’t think there is anything in between at this point. People with low risk tolerances used this time to shore up their finances, lower debts, invest while investing’s good. Then people are remodeling everything and buying luxury goods at the rate that makes it seem that they think that the meme of stonks only go up, is actual reality.
No matter who’s right here and who’s wrong, I have a feeling that the next few years are going to be interesting to say the least.
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GME 
to the 
(But seriously… a lot of folks have made retirement level monies here…)
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And also lost it.
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If I have MSD return rate guaranteed with no risk lol
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Things are extremely going well for a typical RR buyer ( middle aged SMB business owners and white collar senior executives ) since last year. Also RR is “relatively” cheaper compared to the biggest spent in household budget : Housing… A single paid off investment property will bring “at least” RR lease money as supplemental income in So-Cal but not in the most of the rest of US. So its normal you see RR everywhere as it is arguably the best luxury SUV in perception. Heck, I see Bentaygas and Cullinans every other day where I live.
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I mean, even those who didn’t get out in the 400s have still made bank if they were November buy ins sub-20s when it’s hovering close to 200 now, but point taken.
Definitely agreed that there will be a lot of hurt for the folks left holding the bag at the end of this and for those funding their RR leases with their account values…
Supply on $100k+ cars is low accross most all of the brands. I can’t tell if demand is any higher or if supply is just making it seem like it.
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My childhood friend in Hong Kong once shared a pic of his expensive RR on a chat group and the response was mostly “where do you park your car when you go out since it’s so big”. His response was I don’t take it out that much except when I drive to China.
I worked at company during the dot com when many engineers had options worth seven figures, a lot did not cash out and lost $$$ except for the guy that bought an F-50 for $800k lol
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dont forget the recent stimulus checks that just got deposited in many peoples account!
It has got to be PPP money, stimulus checks probably won’t be able to fund RR’s.
I wonder how many RR drivers actually receive those checks?
They can fund first month payment 
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Nope, it’s mostly the market. Up 57% over the past year. That is an insane rate of return. Funds a lot of luxury SUVs
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I highly doubt those driving a RR would qualify for the stimmy money heh and if they do, may not be the smartest use of the their money
Those returns were juiced by the federal reserve. As you can see multiple asset classes as of right now in bubble land, and yes housing is going to fall along with the markets as everything is to the point of exhaustion!