The super-rich are overdosing on prestige and performance cars at the moment. How can it be that during an economic Armageddon, caused by the Covid-19 pandemic, demand for high-performance vehicles has actually increased? The super-rich has gotten super-wealthy from the pandemic. Crony capitalism has lined the pockets of the elites. As an example, US billionaire wealth has increased by $1.3 trillion dollars, equivalent to the GDP of Spain. And that money is shared between 664 billionaires who reside in the USA. Most of that wealth is generated by taxpayers. To add insult to injury, these billionaires don’t pay tax and end up taking more taxpayer money when they bid for lucrative government contracts often worth… billions. They will take some of this money and buy stocks, often their own companies, which artificially inflates the stock markets. And then they sell on the shares and earn… yet more billions. This is what many critics call a rigged system, socialism for the rich and rugged capitalism for the poor. And what do they spend this hard-earned money on? Prestige and performance cars.

One day the same system will be adopted here in the UK. It is starting to trickle down but not on the scale of America which is an Oligarchy masquerading as a democracy. At the moment 54 billionaires reside here in the UK. As with billionaires everywhere the aim is to extract money from the taxpayer because it is the easiest money-making scam there is. Greensill Capital is one such example. So what are the super-rich spending their money on? According to leading finance provider JBR Capital the UK is experiencing record volumes of lending on models from Aston Martin, Ferrari, McLaren and Porsche in March.

Porsche proved to be the most financed marque last month with the all-electric Taycan generating a large number of proposals as interest in electric vehicles showed no signs of abating.

As the UK’s only independent finance lender dedicated solely to high-end vehicle finance, JBR Capital offers tailored finance options for classic, prestige, racing and supercars, lending anything from £25,000. Over the course of March, it experienced the largest number of proposals since the business was launched in 2015.

Over the course of March, JBR Capital received a record number of proposals from its network of introducers and direct clients with the top 10 most in-demand prestige and performance cars being:

Aston Martin Vanquish Coupe

JBRC: “With beautiful looks and that V12, it’s no wonder the Vanquish is in high demand: it’s the archetypal Aston. It narrowly beat the V8 Vantage, which is also proving popular with buyers.”

Audi R8

JBRC: “Our clients’ top Audi, the R8 is the ultimate use-able supercar, whether it’s in coupe or Spyder guise. Other top performing models from the four rings were the latest RS6 Avant and RS Q8.”

Bentley Continental

JBRC: “Fast, luxurious and relaxing, the Continental has been a huge hit for Bentley, but the latest examples are really proving popular with buyers – and it’s the 4.0 V8 they love the most, not the W12.”

BMW M3 Competition

JBRC: “Supercar performance in a practical body, the M3 has always had massive appeal – and the M3 Competition specification car continues to find favour as our top most financed BMW. It’ll be interesting to see if its controversially-styled successor achieves the same popularity.”

Ferrari 488 GTB

JBRC: “The hottest Ferrari on the market right now. It makes up more than 50 per cent of all the Maranello models we financed in March. Following closely in its wheeltracks was its predecessor, the 458 Italia, proving that Ferrari really has the formula spot on.”

Lamborghini Aventador

JBRC: “Arguably still the most old-school V12 supercar on the market, the Aventador’s appeal doesn’t seem to be diminishing. In March, we financed both the ‘standard’ LP700 – if you can call it that – and the ultra-high performance LP770-4 SVJ.”

McLaren 570S

JBRC: “The clear message from our customers is that Woking’s ‘entry-level’ supercar has all the right ingredients. It made up more than 75 percent of the McLaren models we financed in March, followed by the 600LT and 675S.”

Mercedes-AMG G 63 SUV

JBRC: “It might look the same on the outside, but that iconic shape hides a thoroughly reinvented, super-fast and capable SUV – and as a result, it’s our most-financed Mercedes.”

Porsche Taycan  

JBRC: “Our customers love Porsche’s first electric car – its combination of rapid acceleration, stand-out styling and superb handling means there’s strong call for this zero emission sports car. Outside of the Taycan, the 911 Turbo is the Porsche with enduring appeal, whether it’s the 992, 991 or 997 version.”