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Thread: Reps or Gens - Reasoning

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    Quote Originally Posted by JMS1988 View Post
    Only cars that make sense in rep form are modern copies of vintage classics. Classics that are both rare and extremely valuable, i might add. Replicas of modern cars don't make sense for the most part. You can't get close and they get very expensive very fast. It's completely pointless when a genuine version can be had for not that much more.
    I'd say replicas of things like Bugatti Chiron would make more sense, simply because you can't get a gen for less than $3M. If there would be a visually identical $100k replica of a Chiron with performance comparable to other $100k supercars, it would be a poser's dream. Hell, i'd want one myself.
    I probably would too but you buy a Bugatti for the 250mph+ capabilities, not so much for just the look. And the interior would never come close. VW actually loses money making them

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    Quote Originally Posted by breitlingwatch View Post
    I probably would too but you buy a Bugatti for the 250mph+ capabilities, not so much for just the look. And the interior would never come close. VW actually loses money making them
    While Veyron and Chiron indeed have eye-watering performance, i can't help but notice that most of these cars are driven at cruise speeds between the Ritz, the yacht club and the cafe... on the thin, cobblestone streets of Monaco and Paris. I don't think a whole lot of the owners take them to Nürburgring for a few laps. That being said it's nice to know that you can.

    As far as the interior goes, i don't think it's impracticable to make a very close copy. Naturally, the higher the R&D cost put into a replica like this the more close you'd get. However the practice shows that my wish is bordering on pipe dream. The kit car business never picked up like the rep clothes/accessories business and it probably never will. There have been several lawsuits filed against some of the more recognizable manufacturers of replica car kits, you can't make it in an abandonded warehouse in China like watches...

    Since we're talking cheap Bugattis, a 2008 Veyron with a salvage title sold for $277k in 2014. I don't normally consider a quarter-million dollar car with some expensive damage a great deal but in this case, check for yourself

    Wrecked Bugatti Veyron Sells At Auction For $277k

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    Quote Originally Posted by JMS1988 View Post
    Only cars that make sense in rep form are modern copies of vintage classics. Classics that are both rare and extremely valuable, i might add. Replicas of modern cars don't make sense for the most part. You can't get close and they get very expensive very fast. It's completely pointless when a genuine version can be had for not that much more.
    I'd say replicas of things like Bugatti Chiron would make more sense, simply because you can't get a gen for less than $3M. If there would be a visually identical $100k replica of a Chiron with performance comparable to other $100k supercars, it would be a poser's dream. Hell, i'd want one myself.
    Lol a posers dream haha

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    Quote Originally Posted by Johng1122 View Post
    Lol a posers dream haha
    Well, i said i would want one myself. We're on a replica forum. Talking about posers here is a bit like talking about junkies on Bluelight.org or racists on Chimpout.com.

    The latter is fortunately closed, so don't ya'll complain about mentioning a notoriously racist and mindlessly hateful community chimpout was.

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    Quote Originally Posted by JMS1988 View Post
    While Veyron and Chiron indeed have eye-watering performance, i can't help but notice that most of these cars are driven at cruise speeds between the Ritz, the yacht club and the cafe... on the thin, cobblestone streets of Monaco and Paris. I don't think a whole lot of the owners take them to Nürburgring for a few laps. That being said it's nice to know that you can.

    As far as the interior goes, i don't think it's impracticable to make a very close copy. Naturally, the higher the R&D cost put into a replica like this the more close you'd get. However the practice shows that my wish is bordering on pipe dream. The kit car business never picked up like the rep clothes/accessories business and it probably never will. There have been several lawsuits filed against some of the more recognizable manufacturers of replica car kits, you can't make it in an abandonded warehouse in China like watches...

    Since we're talking cheap Bugattis, a 2008 Veyron with a salvage title sold for $277k in 2014. I don't normally consider a quarter-million dollar car with some expensive damage a great deal but in this case, check for yourself

    Wrecked Bugatti Veyron Sells At Auction For $277k
    Ive followed that car for a while.They don't come around often obviously. Estimate cost to repair is astronomical though. Its a gamble. It may work or it may not.

    Heres a good video on it

    YouTube

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    Quote Originally Posted by JMS1988 View Post
    Well, i said i would want one myself. We're on a replica forum. Talking about posers here is a bit like talking about junkies on Bluelight.org or racists on Chimpout.com.

    The latter is fortunately closed, so don't ya'll complain about mentioning a notoriously racist and mindlessly hateful community chimpout was.
    No judgement here. To each their own they say. Lol and I have never even heard of either but I see the point.

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    I think about this here and there and flip flop between gens and reps. I remind myself to not to take it too seriously and to just enjoy the hobby. It's not ideal to buy a gen of every watch you want to try or imagine yourself wearing so you have the reps to help with that (I can't afford a Richard mille so I'll try it with a rep, for example). But at the same time, there are times where a rep won't do and that's where you get the gen.

    In the end I think reps and gens both fall under the umbrella of the hobby of watches and watch collecting.



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    Quote Originally Posted by kingair View Post
    I think about this here and there and flip flop between gens and reps. I remind myself to not to take it too seriously and to just enjoy the hobby. It's not ideal to buy a gen of every watch you want to try or imagine yourself wearing so you have the reps to help with that (I can't afford a Richard mille so I'll try it with a rep, for example). But at the same time, there are times where a rep won't do and that's where you get the gen.

    In the end I think reps and gens both fall under the umbrella of the hobby of watches and watch collecting.



    Sent from my Moto Z (2) using Tapatalk
    I agree. One or two gens I feel is sufficient. To have all the watches I like as gens I'd have to sell my house and rent a room somewhere to keep the watches hahaha probably more than that

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    You´ll end up spending the already mentally set-up budget of $9500 in a fine rep-collection plus the straps and one or two frankens. Sounds like two years of fun on a spending spree - if You manage to stretch it. And that´s fine - and imho better than putting all eggs in one basket and to have the fun only once.
    Every further cent afterwards may well go into gens - if You still need them.

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    Quote Originally Posted by breitlingwatch View Post
    Ive followed that car for a while.They don't come around often obviously. Estimate cost to repair is astronomical though. Its a gamble. It may work or it may not.

    Heres a good video on it

    YouTube
    HA! I was just gonna say "VINWiki has an interesting video on that"
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    Quote Originally Posted by breitlingwatch View Post
    Ive followed that car for a while.They don't come around often obviously. Estimate cost to repair is astronomical though. Its a gamble. It may work or it may not.

    Heres a good video on it

    YouTube
    Cars like this are a dream candidate for a high-profile project of some YouTuber. Ad money and partnership money would basically go through the roof. Everybody would want to see a Veyron getting resuscitated. It's kind of a holy grail for motoring enthusiasts, some normal-ish guy wrenching by himself on a Veyron would mean more views than one could imagine.

    Maybe Tavarish will buy a Veyron as his next project. He did very well on the twin turbo Lamborghini Gallardo, contrary to what VINwiki predicted at some point if i'm not mistaken.

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    Quote Originally Posted by daytonadragon View Post
    That indeed looks like a rep Ferrari.
    Is that a WBK Ferrari ?
    1:1 BLUERAY 4K QC Princess Patrol

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    Quote Originally Posted by JMS1988 View Post
    Cars like this are a dream candidate for a high-profile project of some YouTuber. Ad money and partnership money would basically go through the roof. Everybody would want to see a Veyron getting resuscitated. It's kind of a holy grail for motoring enthusiasts, some normal-ish guy wrenching by himself on a Veyron would mean more views than one could imagine.

    Maybe Tavarish will buy a Veyron as his next project. He did very well on the twin turbo Lamborghini Gallardo, contrary to what VINwiki predicted at some point if i'm not mistaken.
    This is true. An average Joe transforming a 3 million dollar car or whatever they go for. Anyone into motors would probably take a look. I'm gonna order the parts now. Lol

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    Quote Originally Posted by Johng1122 View Post
    This is true. An average Joe transforming a 3 million dollar car or whatever they go for. Anyone into motors would probably take a look. I'm gonna order the parts now. Lol
    Veyron retailed for US$1.7M. There was some depreciation in the initial years but currently the cheapest Veyron in Europe is actually the same price as it was new and we're talking about an 11-year-old car here. Inflation and overall price increase did its thing and the Chiron now retails for a hair under the US$3 million dollar mark.

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    Quote Originally Posted by JMS1988 View Post
    Veyron retailed for US$1.7M. There was some depreciation in the initial years but currently the cheapest Veyron in Europe is actually the same price as it was new and we're talking about an 11-year-old car here. Inflation and overall price increase did its thing and the Chiron now retails for a hair under the US$3 million dollar mark.
    Most of the real "hypercard" appreciate instead of depreciate . Especially with all these electric cars coming out the collectors are buying up all of the great gasoline guzzling cars. Its a good time to buy some of these cars. You basically get to drive them for free or actually make money driving them

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    Quote Originally Posted by breitlingwatch View Post
    Most of the real "hypercard" appreciate instead of depreciate . Especially with all these electric cars coming out the collectors are buying up all of the great gasoline guzzling cars. Its a good time to buy some of these cars. You basically get to drive them for free or actually make money driving them

    Which "hypercars" are you referring to?
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    Quote Originally Posted by daytonadragon View Post
    Which "hypercars" are you referring to?
    LaFerrari, Pagani Huayra, Koeningsegg Agera RS1 and other, comparable cars, i assume. Possibly even the Bugatti Chiron.

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    Quote Originally Posted by JMS1988 View Post
    LaFerrari, Pagani Huayra, Koeningsegg Agera RS1 and other, comparable cars, i assume. Possibly even the Bugatti Chiron.
    Yup. Anyone who was lucky enough to buy these types at retail has made a ton of money on them.

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    Quote Originally Posted by breitlingwatch View Post
    Yup. Anyone who was lucky enough to buy these types at retail has made a ton of money on them.
    Yes. The Koeningsegg Agera RS1 had an extraordinary price increase. I don't whether current supercar prices are an effect of a certain bubble or not, truth to be said they went up quite a bit. All of them. Even the pedestrian 360s stopped depreciating and bottomed out close to the $70.000 mark. Pretty good residuals compared to, say, luxury sedans.

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    Quote Originally Posted by JMS1988 View Post
    Yes. The Koeningsegg Agera RS1 had an extraordinary price increase. I don't whether current supercar prices are an effect of a certain bubble or not, truth to be said they went up quite a bit. All of them. Even the pedestrian 360s stopped depreciating and bottomed out close to the $70.000 mark. Pretty good residuals compared to, say, luxury sedans.
    Yup. Were definitely in a bit of a bubble. You see it in the watch world as well. It will eventually burst but I don't think the decrease will be dramatic

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    Quote Originally Posted by breitlingwatch View Post
    Yup. Were definitely in a bit of a bubble. You see it in the watch world as well. It will eventually burst but I don't think the decrease will be dramatic
    The conclusion is, if you want to buy an expensive car at this point in time, make it a big, opulent barge. They tank in value to the point of being half-free. Some of them have lost 90% of their original value in 10-12 years. Rolls-Royce Phantom has lost quite a bit less percentage-wise but now they've started to fall since Phantom VIII was introduced. Half of the used Phantom's price buys its biggest competitor, the original Maybach which is also undoubtedly the champion of depreciation in this segment... oh wait, make it "of all segments"

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    Quote Originally Posted by JMS1988 View Post
    The conclusion is, if you want to buy an expensive car at this point in time, make it a big, opulent barge. They tank in value to the point of being half-free. Some of them have lost 90% of their original value in 10-12 years. Rolls-Royce Phantom has lost quite a bit less percentage-wise but now they've started to fall since Phantom VIII was introduced. Half of the used Phantom's price buys its biggest competitor, the original Maybach which is also undoubtedly the champion of depreciation in this segment... oh wait, make it "of all segments"
    Yea the thing is that once those cars start breaking the repairs are astronomical. Ideally id like to buy something like a 2016 hurucan or 458. Not as much electronic failure and the hurucan is all Audi parts. And some of the stuff can be diy

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    Quote Originally Posted by breitlingwatch View Post
    Yea the thing is that once those cars start breaking the repairs are astronomical. Ideally id like to buy something like a 2016 hurucan or 458. Not as much electronic failure and the hurucan is all Audi parts. And some of the stuff can be diy
    I can assure you that repair costs on luxury cars are lower than on supercars. There's way less stress on the components and these days all luxury cars share parts with their mother companies. Bentley Flying Spur is essentially a VW Phaeton underneath. Rolls Phantom takes certain parts from E46 BMW. Maybach is based on a W220 S600 so quite a few things are interchangeable. Those which are not... well, may God have mercy on your soul.

    They will never be cheap to maintain but they're certainly more DIY-friendly than supercars. This being said, 458 and Huracan are some great choices. Wait a few years for the bubble to burst and prices to drop a little bit and then get a pre-loved example. 458 is one of the nicest Ferraris out there, even though i personally prefer the older F430

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    I guess this became a luxury rep car debate lol

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    Quote Originally Posted by Johng1122 View Post
    I guess this became a luxury rep car debate lol
    Now there, we're talking gen luxury cars

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