They must be high on drugs! 160K for a stradale?

They must be high on drugs! 160K for a stradale?

Author
Discussion

RVIANT

Original Poster:

1,273 posts

255 months

AmoCS

1,150 posts

221 months

Tuesday 12th November 2013
quotequote all
Not that high, they sold one recently for £140k.

http://www.clubstradale.com/challenge-stradale-s-f...

johnnyreggae

2,953 posts

162 months

Tuesday 12th November 2013
quotequote all
Wasn't this posted & discussed a couple of weeks ago already ?

GRBF430F1

4,843 posts

172 months

Tuesday 12th November 2013
quotequote all
Its obviously a BOGOF biggrin

WCZ

10,587 posts

196 months

Tuesday 12th November 2013
quotequote all
wtf...

superpippo

185 posts

204 months

Tuesday 12th November 2013
quotequote all
I don't understand the pricing of the CS in the UK.
In Switzerland there are quite a few of them available and the prices are way below...

GRBF430F1

4,843 posts

172 months

Tuesday 12th November 2013
quotequote all
superpippo said:
I don't understand the pricing of the CS in the UK.
In Switzerland there are quite a few of them available and the prices are way below...
Exactly, makes NO sense to me at all. Maybe we have more escapees from the madhouse getmecoat

Jules360

1,949 posts

204 months

Tuesday 12th November 2013
quotequote all
superpippo said:
I don't understand the pricing of the CS in the UK.
In Switzerland there are quite a few of them available and the prices are way below...
Indeed. Was looking at 2 today at around £85k.

GRBF430F1

4,843 posts

172 months

Tuesday 12th November 2013
quotequote all
Jules360 said:
Indeed. Was looking at 2 today at around £85k.
If you are predominently going to track it the RHD/LHD argument diasappears in reality so you are better buying abroad as RHD is never worth the ridiculous premiums.

If you want a garage queen to protect your investment then LHD also isn't an issue as it will hardly be on the public roads.

Anyone paying £160k for a RHD CS is going to end in tears IMHO. I'd rather put that money in a flat as an investment.

I can see more owners realising their asset soon with the stock being so high and then thats when the heartache will start. Not a value or reward/risk purchase for me

Active75

245 posts

166 months

Tuesday 12th November 2013
quotequote all
Maybe, but its relative to the financial market that has changed considerably over the last 5 years. Look at the recent sale of the Nart Spider. $27million. The money paid to the seller went to charity. $27 million. Now a 250GTO has just sold for allegedly over $50 million. Fifty million Dollars.

Seven years ago a Bugatti sold for over $5 million and people were amazed.

Some people in many countries are just so stratospherically wealthy now due to combinations of many business factors that money is nothing. Many buyers are out there who will not be affected by market crashes because their financial positions are so protected. If a CS is on their bucket list they will buy it even if its $200k.

bromers2

1,867 posts

252 months

Wednesday 13th November 2013
quotequote all
Active75 said:
Maybe, but its relative to the financial market that has changed considerably over the last 5 years. Look at the recent sale of the Nart Spider. $27million. The money paid to the seller went to charity. $27 million. Now a 250GTO has just sold for allegedly over $50 million. Fifty million Dollars.

Seven years ago a Bugatti sold for over $5 million and people were amazed.

Some people in many countries are just so stratospherically wealthy now due to combinations of many business factors that money is nothing. Many buyers are out there who will not be affected by market crashes because their financial positions are so protected. If a CS is on their bucket list they will buy it even if its $200k.
Nail on the head - it doesn't matter how good or bad the car may or may not be - the CS has a good heritage, very limited supply and a great following (except from one or two on here). For collectors that have one of or all of an Enzo, F40, F50 the CS is next on the list and is cheap in comparison. There's still lots of money swilling around for rare Ferrari's.

There have been other CS's that have sold around this price and this is obviously a very good example so will sell. I do wonder how much a good red, low miles, with stripe would sell for now ?

The downside of this is they will become rarer and rarer on the road frown

erics

2,664 posts

213 months

Wednesday 13th November 2013
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£160k is plain silly.
If you really like the car. Buy LHD and enjoy the way they were meant to be from the off.

Russell996

494 posts

131 months

Wednesday 13th November 2013
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This car has now been sold!

They have another incoming in resale red with factory stripe and I'm told it will be for sale at a higher figure!

GRBF430F1

4,843 posts

172 months

Wednesday 13th November 2013
quotequote all
Russell996 said:
This car has now been sold!

They have another incoming in resale red with factory stripe and I'm told it will be for sale at a higher figure!
It must be seriously minted collectors rather than enthusiasts that are paying this kind of money IMHO.

If they are are from abroad surely they are better off buying in Europe and LHD.

Its a shame that such a good car is only going to become a museum piece that no one drives. Very sad

Jon666

118 posts

128 months

Wednesday 13th November 2013
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bromers2 said:
For collectors that have one of or all of an Enzo, F40, F50 the CS is next on the list and is cheap in comparison.
If you asked me the next car on this collectors shopping list for me personally there would be a good few before I mentioned CS. But I will not argue with the market.

GRBF430F1

4,843 posts

172 months

Wednesday 13th November 2013
quotequote all
Jon666 said:
If you asked me the next car on this collectors shopping list for me personally there would be a good few before I mentioned CS. But I will not argue with the market.
LP570-4 Performante Edizione Tecnica for starters biggrin

GRBF430F1

4,843 posts

172 months

Wednesday 13th November 2013
quotequote all
Jon666 said:
If you asked me the next car on this collectors shopping list for me personally there would be a good few before I mentioned CS. But I will not argue with the market.
LP570-4 Performante Edizione Tecnica for starters biggrin

hazy

1,173 posts

270 months

Wednesday 13th November 2013
quotequote all
Russell996 said:
This car has now been sold!

They have another incoming in resale red with factory stripe and I'm told it will be for sale at a higher figure!
No real surprise its sold there are NON about. Personally I think they will start to re-appear for sale when ones reaches £200k, most owners at that point will have doubled their money. Meridian are leading the market in the sale of proper CS's

montpellier

96 posts

174 months

Thursday 14th November 2013
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GRBF430F1 said:
LP570-4 Performante Edizione Tecnica for starters biggrin
There is no collector I know , of the extensive Ferrari stable type (that might be interested in a CS or not) that would consider a Gallardo. Any version. The main Lambo they would consider is a Lp400 Periscopo or a Miura. Far better a 996 GT3 mk 1if you want an alternative that will have collectable heritage and is still affordable and sensible value.

AmoCS

1,150 posts

221 months

Thursday 14th November 2013
quotequote all
Would be interesting to know how many of these CS's that are being sold, are going abroad.