This Summer JBR has gone from strength to strength with a flurry of supercar activity.
We’re starting a series of regular updates to give you some inside information on JBR Capital and the world of high-end car finance. So how was Summer? In one word, excellent.
June was a record month for JBR Capital and there have been some very interesting bursts of activity in the market this summer with a large amount of interest in real high-end supercars – they’re proving especially popular.
Salon Privé proved to be a paradise for car lovers all set against the rather splendid backdrop of Blenheim Palace. Difficult to pick out a favourite but we were very taken by this F12tdf. Lucky owners are already sitting on a considerable premium.
Why? Well, they’re available in limited numbers, and in fact are now trading at quite a premium over their list price. Enthusiasts are keen because of the evocative growl from the naturally aspirated V12 and stunning styling. This clip of the SV going round the Nürburgring says it all:
Pure investors are also enthusiastic – there is a growing interest in high end cars from investors, as limited edition supercars have held their value reliably and, if chosen wisely, can appreciate. This is particularly attractive when global interest rates are so low.
As far as more affordable cars are concerned, the Porsche Cayman GT4 has also been very popular. Again, it’s the last of the series of naturally-aspirated engines and it’s a great driver’s car at a fairly reasonable price for its performance.
The BMW M2 is also performing strongly with a 2 year waiting list for new cars. It’s a great car to drive and values are likely to hold up well.
Classics & Racers
Things in the classic car market at the moment are generally stable. At the top end there was encouraging news from Monterey with a high sell-through rate and strong prices being achieved.
We’ve just received our regular update from industry analysts HAGI (Historic Automobile Group International), and they say that the rare collectors’ car market on the whole is up 9.31% over the last 12 months, which is a few points down from the average but outperforming the market was the best performing marque, Mercedes, and Ferrari has hit new highs too.
As for racing cars, valuations continue to be strong, especially for cars that are able to participate in historic racing events.
Into The Future
More new high end cars are bound to be announced at the Paris Motor Show. We’ll be very interested to see the reaction to the Aston Martin DB11 and the Bentley Bentayga.
Further ahead, Autumn will see deliveries of the Ferrari F12tdf starting, we’ll find out more about the LaFerrari Aperta, and I’m really looking forward to hearing more details about the new TVR. We’ll keep you updated.
Darren Selig, CEO, JBR Capital