Friday, November 25, 2011

China’s Super-Rich Find Veyron SS Expensive and the Pagani Huayra a Steal



With the downward economic spiral and the United States to take its economic problems, which is a manufacturer of supercars had to go and sell it to a high-six or even seven figure?

Well, China is probably your best option right now. Their number of billionaires increased from 189 in 2010 to 271 in 2011, according to the Hurun Report, and the Communist (...) the country now has nearly 1 million millionaires - 960,000 to be exact or 000 85 more than in 2010. In general, Asia has about 3.3 million millionaires, more than Europe and borders near the region of North America.

That's why all manufacturers of supercars part in the first Asian edition of the annual Top Marques Monaco event that takes place in Macao from November 24-27.

Organizers expect 20,000 visitors from China and other Asian countries have the opportunity to see Ferrari and Lamborghini, as well as more exclusive and expensive offerings from companies like Koenigsegg and Pagani.

A visitor to the exhibition is that Steve Chen was looking at the latest work of art Horacio Pagani, the recently released $ 1.1 million, 700HP Huayra. Chen is currently 15 to 16 high-end cars and is considering going for the Huayra or the Bugatti Veyron Grand Sport.

"I go to many car shows in China. I loved cars since I was a kid and I was the collection of many different brands, "said Chen, who also visited the Bugatti factory in France, but found the American 6100000 $ 1.200 HP Veyron SS too expensive ...

Amar Gill, author of a recent CLSA Asia-Pacific Markets report on Asia is rich, notes that "there is some level playing field, and these companies will establish their brands and see if they get a result."

End of Lamborghini Beijing-based activities in China by Lee Wilson says that "China is super-car market is growing rapidly, growing much faster than the entire car market" - which incidentally is already the world's largest.

In 2011, the U.S. will no longer be head of Sant 'Agata on the market: This title belongs to China. Consequently, an Italian production supercar is to increase another five dealerships in 14 existing plants.

Lee says that most of the Chinese Lamborghini clients "are worth at least $ 16 million," two thirds of them are aged 20-32 and nine ten cost in cash. Oh, and by 10-20% while driving a car on the track excellent, especially on weekends, 10% had never really work at all.

"Some of these cars is not one of those miles. In essence, trucks and put him down at home, because they will not do anything miles away. We call collectors," says Lee.

We believe that we could call a person who has never run anything in his supercar more than just a collector, but you know what they say: you pays your money ...

Story References: Detnews

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