Over the past several years, the expanding pool of affluent people is providing a bigger customer base for brands like Bentley to pursue, Mr. Favey said. And many of these well-off buyers in the U.S. are younger, he said, having amassed wealth in the tech and entertainment industries.
“The records could’ve been higher if they weren’t supply-constrained,” said Tyson Jominy, an analyst with J.D. Power, referring to the manufacturers. In a normal year, Mr. Hanania said he sells about 10 Lamborghinis, costing as much as $250,000 used. In 2021, he said he sold nearly 30.
Should I buy a Bentley or Lamborghini?
BanAsifAli ICC
BanAsifAli
Inflation, ultraluxury cars hold value better.
🤡🤡
Many guys are also buying these kinds of cars to impress the women! Why? bcoz it has become kind of difficult to get any good looking woman in U.S.A. if you don't show some wealth, especially if you are not in the top 10% or top 20% of good looking guys! crazy dating reality.
PrivilegedPolluters enjoying a literally deadly decadence, wrecking the future of their grandchildren in the process. The great 'American Dream' of an eternity of MoreStuff spells doom for our whole species. CapitalismCooksThePlanet CO2nservatismKills
It can also be seen that the gap between rich and poor has widened. The rich get rich wherever they go.
Read the room.
Thanks Joe Biden?
0ddette Wow we should really close the capital gains tax loophole
Trickle down economics less than a drip. Nice car dude!
Like in Africa,the rich get richer and the poor get poorer. It now happing in America
Nice
For every new millionaire there are 9 more poor. Money doesn't dwindle downward, it float upward. The worlds pot of money are taken from the poor to be collected upstream by the wealthy. That's capitalism in a nutshell. Every tax cut for the rich adds to their wealth alone.