I like your idea of gauging the value of a car by taking its average selling price and how many of them were made and multiply it, but I don’t think the market cap analogy really holds, expecially if the main takeaway is that the values one obtains tend to a certain average

If you think about it though, that proves his point. It shows how the public values it. And 99 percent of the public, in the Daily lives values a Corolla or a civic more than a Enzo. To do their tasks. Not the individual car itself is more monittarolly valuable, but in the sense of practicality, usability, and accessibility. Yes to the public the Corolla is more valuable

50 million units have been produced SINCE the 1960’s and not all of the 12 generations of this model have cost their current price of 20 grand as new vehicles, not used ones.

market cap is just plain irrelevant. Think of bitcoin. The market cap is like 1 trillion or something but that doesn’t mean you could sell all the bitcoins for a trillion bucks.

@Boomer Plays Games OMG, from one irrelevant comparison to another. It’s obvious that you have never participated in the purchase of a public company, much less a hostile takeover.

Because every single ‘exotic’ car, varies dramatically due to condition, year, options, etc.
Generalization will not work in that market. I hope no one is taking financial advice from a YouTube channel. Owning a car bidding website does not translate to being knowledgeable in stock market analysis.

Can you elaborate Doug? It’s an interesting question; maybe because cars are a depreciating asset and perhaps collectibles and other vehicles would be more suited?

The math would work better to predict value of individual car models if you multiply the number of cars in the market by a ratio of cars price for sale now over msrp at the dealer then multiply by current cost of car. That way you take into account how the market has valued it accross time.

Number of Volume x (current car value/original value) x current value = comparison value.

For cars you would have to include depreciation, where the value of a vehicle is written down to zero over ~10 years. Otherwise, you would be valuing an old car at the same price as a new one thst just rolled off the production line.

You can use this metric on cars because even the same make and model of cars don’t cost the same… too much variation and deviation from price average. So the market cap is a very rough estimate at best!

I’m wondering if it would be possible for someone to buy 100 Enzo’s, and if that were to happen what would the price of each of the remaining 400 Enzo’s be, and subsequently what would the market cap for that model be after such an operation?

Are you saying I could own a share in an exotic car?

Yes. There are multiple sites that will offer this service

I like your idea of gauging the value of a car by taking its average selling price and how many of them were made and multiply it, but I don’t think the market cap analogy really holds, expecially if the main takeaway is that the values one obtains tend to a certain average

Okay. A Toyota Corolla cost $20,000 and made 50,000,000 units for the world. What is the value going to be?

1 trillion 😂😂😂

If you think about it though, that proves his point. It shows how the public values it. And 99 percent of the public, in the Daily lives values a Corolla or a civic more than a Enzo. To do their tasks. Not the individual car itself is more monittarolly valuable, but in the sense of practicality, usability, and accessibility. Yes to the public the Corolla is more valuable

50 million units have been produced SINCE the 1960’s and not all of the 12 generations of this model have cost their current price of 20 grand as new vehicles, not used ones.

@AMCDS it’s called an example 🤦🏻♂️

@Peter Nguyen misleading, not an example.

market cap is an irrelevant number in the context of vehicles

market cap is just plain irrelevant. Think of bitcoin. The market cap is like 1 trillion or something but that doesn’t mean you could sell all the bitcoins for a trillion bucks.

@Boomer Plays Games OMG, from one irrelevant comparison to another. It’s obvious that you have never participated in the purchase of a public company, much less a hostile takeover.

Dough putting his Emory Degree to go good use

Dough way of boosting his cars and bid site hummm🧐🤪🤷🏻♂️

Sam is the type of guy to order pizza without sauce.

Because every single ‘exotic’ car, varies dramatically due to condition, year, options, etc.

Generalization will not work in that market. I hope no one is taking financial advice from a YouTube channel. Owning a car bidding website does not translate to being knowledgeable in stock market analysis.

That would only possibly work for rare exotics. Those built in a limited quantity that is published or known.

The Corolla guy has a point. That ain’t how this works….buy this logic the Corolla is the most valuable car of all time.

Cmon doug that would make a corlla a trillion dollar car 😂

Can you elaborate Doug? It’s an interesting question; maybe because cars are a depreciating asset and perhaps collectibles and other vehicles would be more suited?

The math would work better to predict value of individual car models if you multiply the number of cars in the market by a ratio of cars price for sale now over msrp at the dealer then multiply by current cost of car. That way you take into account how the market has valued it accross time.

Number of Volume x (current car value/original value) x current value = comparison value.

You are the best Doug. Thank you for everything.

For cars you would have to include depreciation, where the value of a vehicle is written down to zero over ~10 years. Otherwise, you would be valuing an old car at the same price as a new one thst just rolled off the production line.

Well it looks like you were paying attention in your finance classes at Emory

No arguing with Doug math

The key word is a available. At any given time there are only a few models of each of the cars available anywhere in the world

You can use this metric on cars because even the same make and model of cars don’t cost the same… too much variation and deviation from price average. So the market cap is a very rough estimate at best!

I’m wondering if it would be possible for someone to buy 100 Enzo’s, and if that were to happen what would the price of each of the remaining 400 Enzo’s be, and subsequently what would the market cap for that model be after such an operation?

The Toyota Corolla and the VW Beetle would be worth like a trillion dollars 😂

And rightfully so? Market cap doesn’t indicate the value of a single example, in that context is shows the value of Corolla as a whole entity