Evidently we’re dwelling in a golden period for luxurious automotive gross sales, as analysts at Technavio had predicted in the midst of final yr once they mentioned that the US luxurious automotive market would develop by round 6.7 million items from 2020 to 2024. The stats help this principle, with Ferrari’s share value leaping by 27 p.c final yr whereas Lamborghini‘s order e-book is already full till October. Rolls-Royce is the one model that did not carry out fairly so properly with deliveries dropping by 26 p.c year-over-year for 2020, a problem that the British model attributes to the transition from the previous Ghost sedan to the brand new one.

As for what has induced such a robust spike in luxurious automobiles, evidently the wealthy had been merely bored in the course of the pandemic and determined to order new automobiles, even with the data that shutdowns and halted manufacturing would imply delays. Each Bentley and Bugatti’s bosses mentioned that their shoppers had been deciding the place to spend and easily determined that there was no apparent cause to not spend money on new automobiles, particularly since limited-edition high-end automobiles just like the $2 million Bentley Bacalar are virtually assured to extend in worth. Positive, it sounds slightly pompous to common people like us, however what would you do if you happen to had been sitting in a mansion with nothing to do and a checking account with too many zeroes in it?