“I do not see a decrease of prices within the next six months, and think prices will stay at the current range in 2017.”
Aston Martin Valkyrie
It’s not even been seen yet, but there is huge demand for Aston Martin’s upcoming hypercar. Fragopolous says: “Delivery units have been sold for a €1m (£850,000) premium. There will be a race version of the car limited to 25 units, and we expect similar or higher premiums to apply to that car, as they have on the regular Valkyrie.”
AMG Project One
There is huge demand among collectors for the first hypercar from AMG-Mercedes, with the title-winning F1 connection adding lustre.
Fragopolous reckons the asking price to be around €2.2m (£1.85m), but says anyone on the waiting list can currently sell for a Valkyrie matching €1m (£850,000) premium. “There’s a lot of collectors out there who are annoyed at not being put on the list and being invited to buy one - so they are looking to buy from those that are,” says Fragopolous.
The reborn McLaren F1 - or at least a homage to it - is already sold out, with all 106 units having been allocated at around £1.65m each.
With deliveries still more than a year away, Fragopolous says it is still a bit early to estimate values. “With such a limited run, and the connection to the F1, I’d anticipate behind-the-scenes trading could see cars swapping owners before they’ve even been built for around €1m (£850,000) over list price,” he says.
Porsche 918 Spyder Weissach edition
The famous Weissach performance package cost roughly €80-90k (£70,000) over the list price - but it was money well spent, as cars fitted with it are both rare and desirable. “Delivery mileage units were selling for €1.2-1.3m (£1m) last summer, but that has now gone up to €1.4-1.6m (£1.3m),” says Fragopolous.
Launched in late 2013 and sold to select VIP clients, the LaFerrari coupé’s honeymoon period has been and gone.
Fragopolous says: “In my opinion the car reached its peak in summer 2016, with red cars selling for £2.4m after tax, and up to £2.6m for rare colours such as yellow, black, white and blue.
“A lot of units are now out of the 18-month retention period and on the market. RM Sothebys is selling a red coupé in the Villa Erba event at the end of May, with a minimum price of €2.75m (£2.36m), and that will indicate the level of the market.”
McLaren P1 and P1 GTR
After reaching his peak in early to mid 2016, buyers are not willing to pay huge premiums for the mighty McLaren P1 anymore. New P1's can be found now for €1.4-1.6m (£1.2-1.4m) net of tax.
“MSO units are more expensive,” says Fragopolous, stressing the added value of unique designs. “The P1 GTR has decreased from €3m (£2.5m) plus tax to €2.5-2.7m (£2.1-2.3m), but it remains hugely desirable.”
The arrival of the Chiron has rather knocked the wind from the sails of the Veyron, taking 15--20% off prices in the past 12 months.
“Low mileage cars with less than 10,000km on the clock can be found between for €1-1.2m (£850,000-£1m) including tax,” says Fragopolous. “Prospective owners are put off by the ultra-high service costs and maintenance, so a lot of the superfast cars have become garage queens.”
However, Fragopolous notes that demand for Vitesse, Supersport and special editions Veyrons is still strong.
Porsche 918 Spyder
Launched in 2010 for €750,000 (£637,000), at the peak in 2015 prices had increased up to €1.3m (£1.1m) for a delivery mileage Porsche 918. Now buyers are being very discerning and demanding low mileage stock only. “There’s enough examples out there that buyers can be a bit picky - and prices have settled at €1.1m (£935,000),” says Fragopolous.
Lamborghini Aventador SV LP750-4
Another car to have peaked in the middle of 2016, when good examples of the coupe were selling for €500,000 (£425,000) and the roadster for €600,000 (£510,000).
“The issue is that the Ferrari F12 and Superfast, and the McLaren 650S and 720S deliver more performance and usability for less money,” says Fragopolous.
“As a result, there’s plenty of stock on sale, and prices are now closer to €400,000 (£340,000), as buyers are only being tempted if they think the are getting a great deal.”