The Most Expensive Car Brands is future automobile with advanced features, Rare (Limited Edition), Desirable, Demand, Aesthetic design even of its time, Winning a prestigious auto show helps the car's value, interesting designed, high specification, best driving impression, aerodynamic system or classic body style, , Eligibility to vintage events is a factor to prices as collectors typically buy vintage race cars to enter historic events as are cars that can be designed to be driven on the street but are competitive on the track, and much more…
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Car is An automobile, the wheeled motor vehicle used for transporting passengers, which also carries its own engine. Most cars are designed to carry multiple occupants, often with four or five seats. Larger cars can often carry six, seven or more occupants depending in the internal arrange of seats. Sports cars are often designed with only two seats, and very occasionally three seats. The differing needs for passenger capacity and their luggage has resulted in a large variety of body styles to suit personal requirements such as the sedan/saloon, hatchback, station wagon/estate and Multi-Purpose Vehicle/Minivan.
The expensive car is automobile with sophisticated features, the originality of the car is considered important in historic racing due to the Historic Technical Passports and FIA Heritage Certificates in force, meaning cars must retain mechanical systems that belonged to the car of the period to prevent unfair advantages. Condition, also complete documentation (such as evidence of its restoration) of the car is vital for its value. It is not unusual for these cars to have undergone restoration work in the past costing hundreds of thousands, if not millions, of dollars, and much more.
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Common contributing factors affecting the value of most expensive car include:
- Low production volume
- Rarity
- Desirability
- Demand
- Aesthetic design, even of its time
- Nostalgia, known as the generation effect; collectors in their prime earning years, being able to afford a seven figure car, are likely to buy cars that they are born to identify themselves with.
- Typically sport cars are generally more expensive than comparable engined saloons, therefore desirable, the same applies to roadsters over saloons but luxury cars, as for their higher price tag, are on a higher end of the scale.
- Condition, also complete documentation (such as evidence of its restoration) of the car is vital for its value. It is not unusual for these cars to have undergone restoration work in the past costing hundreds of thousands, if not millions, of dollars.
- Winning a prestigious auto show helps the car's value, this was the case for some of the cars listed below have been cited to had taken overall or class wins at the Pebble Beach Concours d'Elegance.
- Originality, typically a car that had its original mechanical components, as it was when it left the factory, is more desirable to the one that doesn't. Original bodyshell retains the value better to one fitted with a new body but the chassis of the car is more considered by collectors.
- Cars equipped with automatic transmission are considered to be less desirable than its manual counterpart.
- Cars that have been freshly restored or hidden away for a number of years or decades makes the car desirable to a show winner or a famous car.
- Eligibility to vintage events is a factor to prices as collectors typically buy vintage race cars to enter historic events as are cars that can be designed to be driven on the street but are competitive on the track.
- The originality of the car is considered important in historic racing due to the Historic Technical Passports and FIA Heritage Certificates in force, meaning cars must retain mechanical systems that belonged to the car of the period to prevent unfair advantages.
- Cars with a strong motorsport history improve on the car's desirability, better if the car have won a prestigious race such as the 24 Hours of Le Mans, the Formula One World Championship and the Indianapolis 500.An example would be the Ferrari 330 TRI/LM Spider that was sold for $9,2 million in 2007, which was the 1962 winner of the 24 hours classic. Note that sportcar racers makes up the majority of competition cars on the main list.
- A car associated with a famous person adds value to its price
- On the other hand, as above, a car that is associated with a famous otherwise factory-backed racing team, such as Scuderia Ferrari, which was the case on August 2011 when one of their factory Ferrari 250 Testa Rossa broke the new record, surpassing the record held by the same car two years before, which was a customer car.
- Auctions taking place during the annual Monterey Historics events every mid-August is expected to bring in record sales as it is considered to be the hotpoint for collectors and investors who prefer to make attendance there to awaiting the outcome.
- Auctions are not likely to command higher sale price in comparison to private sales.
Talk about expensive certainly nothing to do with cost, when developing a business plan for a new or existing company, product, or project, planners typically make cost estimates in order to assess whether revenues/benefits will cover costs (see cost-benefit analysis). This is done in both business and government. Costs are often underestimated, resulting in cost overrun during execution.
Brand is name, term, design, symbol, or any other feature that identifies one seller's product distinct from those of other sellers. In accounting, a brand defined as an intangible asset is often the most valuable asset on a corporation's balance sheet. Brand owners manage their brands carefully to create shareholder value, and brand valuation is an important management technique that ascribes a money value to a brand, and allows marketing investment to be managed (e.g.: prioritized across a portfolio of brands) to maximize shareholder value. Although only acquired brands appear on a company's balance sheet, the notion of putting a value on a brand forces marketing leaders to be focused on long term stewardship of the brand and managing for value.
The brand name is quite often used interchangeably with "brand", although it is more correctly used to specifically denote written or spoken linguistic elements of any product. In this context a "brand name" constitutes a type of trademark, if the brand name exclusively identifies the brand owner as the commercial source of products or services. A brand owner may seek to protect proprietary rights in relation to a brand name through trademark registration and such trademarks are called "Registered Trademarks". Advertising spokespersons have also become part of some brands, for example: Mr. Whipple of Charmin toilet tissue and Tony the Tiger of Kellogg's Frosted Flakes. Putting a value on a brand by brand valuation or using marketing mix modeling techniques is distinct to valuing a trade mark.
Car brands is Manufacturing Company, Manufacturing is the production of goods for use or sale using labor and machines, tools, chemical and biological processing, or formulation. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale. The example of car brand is Honda, Toyota, Kia, Mercedes-Benz, etc.
So, The Most Expensive Car Brands is future automobile with advanced features, interesting designed, aerodynamic system or classic body style, high specification, best driving impression, Rare, Desirable, Demand, Aesthetic design, even of its time, Winning a prestigious auto show helps the car's value, Eligibility to vintage events is a factor to prices as collectors typically buy vintage race cars to enter historic events as are cars that can be designed to be driven on the street but are competitive on the track, and much more…
The Most Expensive Car Brands
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