“ Wealthy snap up second-hand supercars after holidays cancelled
Sales under £150,000 rise as pandemic halts exotic trips, says luxury dealer HR Owen
Wealthy buyers snapped up second hand supercars last year after exotic holiday plans were torpedoed by the pandemic, according to the UK’s largest dealer of Ferraris, Lamborghinis and Bentleys.
Prices of some used luxury models fell because of the coronavirus crisis, attracting buyers, said the boss of HR Owen, which also deals in Aston Martin, Bugatti, Rolls-Royce and Maserati brands.
“We saw a significant increase in the sale of used cars in the region of not more than £150,000,” chief executive Ken Choo told the Financial Times. “People said I cannot travel to the Bahamas, so I will buy a used Ferrari or Lambo instead.”
Subscribe to read | Financial Times
911 992 Turbo S still very expensive - looks like they did not get the memo
Sales under £150,000 rise as pandemic halts exotic trips, says luxury dealer HR Owen
Wealthy buyers snapped up second hand supercars last year after exotic holiday plans were torpedoed by the pandemic, according to the UK’s largest dealer of Ferraris, Lamborghinis and Bentleys.
Prices of some used luxury models fell because of the coronavirus crisis, attracting buyers, said the boss of HR Owen, which also deals in Aston Martin, Bugatti, Rolls-Royce and Maserati brands.
“We saw a significant increase in the sale of used cars in the region of not more than £150,000,” chief executive Ken Choo told the Financial Times. “People said I cannot travel to the Bahamas, so I will buy a used Ferrari or Lambo instead.”
Subscribe to read | Financial Times
911 992 Turbo S still very expensive - looks like they did not get the memo
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