Mo' Money Mo' Problems
Robb Report Singapore|March 2023
An exploding demographic of serious buyers is jostling relationships between brands and long-time collectors – and invite-only releases just add to the strain.
Robert Ross
Mo' Money Mo' Problems

THANKS TO THE one-two wallop of an extended pandemic-induced shopping spree and the hobbled supply chain, it’s been hard to get a car for a while now – luxury brands very much included. And while top-tier marques are subject to the same inventory woes as any other sector, with a dearth of everything from wiring harnesses to microchips choking manufacturing flow to a trickle, the most elite automakers face a longer-term problem: how to keep VIP customers happy amid an explosion of global wealth, with the number of potential buyers growing exponentially even as production numbers barely budge. It has become such an issue that some marques can’t even take orders, with models at production capacity for years to come.

Artificial scarcity has always been a tightrope to walk in the car world, and careful allocation is precisely how Ferrari, Bugatti, Lamborghini and others keep their models exclusive even as those vehicles become attainable for an increasingly large pool of buyers. But the sheer force of demand has grown to the point where cracks are starting to show, with more collectors wondering why they were left off RSVP lists for invite-only releases and others complaining of arrivistes receiving unearned favouritism.

This story is from the March 2023 edition of Robb Report Singapore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the March 2023 edition of Robb Report Singapore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM ROBB REPORT SINGAPOREView All
Uniquely Martell
Robb Report Singapore

Uniquely Martell

The French house launches Les Fûts Uniques de Martell, the world's first cognac cask programme.

time-read
2 mins  |
December 2024
Opulent Waters
Robb Report Singapore

Opulent Waters

Embark on first-class cruises with Silversea, which has opened sales for its 2026 voyages.

time-read
2 mins  |
December 2024
Palatial Presents
Robb Report Singapore

Palatial Presents

From royal gifts to bespoke objets d'art, Singapore's Royal Insignia is reviving the art of gifting.

time-read
2 mins  |
December 2024
Back To The Land
Robb Report Singapore

Back To The Land

Growing up in Beirut, Lina Ghotmeh pursued architecture as a means of building community in times of conflict. Her mission is more relevant today than ever.

time-read
6 mins  |
December 2024
Care To Join?
Robb Report Singapore

Care To Join?

Private clubs are proliferating. But keeping members happy might not be as easy as it seems.

time-read
10+ mins  |
December 2024
The Vanity Table
Robb Report Singapore

The Vanity Table

The latest grooming products to know.

time-read
1 min  |
December 2024
Rekindle The Flames
Robb Report Singapore

Rekindle The Flames

Byredo's Ancient Sand candle ignites the holiday spirit within.

time-read
1 min  |
December 2024
Off To The Races
Robb Report Singapore

Off To The Races

Chanel leans into its sportswear roots with high jewellery inspired by the thrill of automotive competition.

time-read
2 mins  |
December 2024
What Time Is It At Home?
Robb Report Singapore

What Time Is It At Home?

Stay on top of your affairs when you are halfway across the world with these trusty and intelligent multi-time zone watches.

time-read
3 mins  |
December 2024
Track Records
Robb Report Singapore

Track Records

Brice Tchaplyguine, managing director of TAG Heuer Asia Pacific, dispenses insights on the iconic watch company at the opening of the brand's new boutique in Singapore.

time-read
2 mins  |
December 2024