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

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

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Discussion

kenyon

1,269 posts

259 months

Friday 15th November 2013
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GRBF430F1 said:
kenyon said:
The CS from the day it was launched has never had a bad review and for that prices will keep going up! The the F355 will do same eventually and the only reason why they have not rose so quickly in price was due to the high production numbers and varied models. The CS was limited production numbers. The CS will be F40 value one day because it's rawness to drive just like the F40.
What will the F40 be worth then ? You will be talking £ millions.
The CS is doing what the F40 did in its hay day!

ThreesixtyM

258 posts

199 months

Monday 18th November 2013
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kenyon said:
The CS is doing what the F40 did in its hay day!
In real terms F40 values, at £500k, are where they were at launch. By that measure, £160k for a CS is unsurprising.
As an owner I'm bored by the endless price discussions. It's a free market. Much rather see threads discussing their merits as a car, rather than an investment. No intention of selling mine at any price, so it's irrelevant.
-I can't think of another car that appears to upset non-owners quite as much as the CS though....honestly, who cares?

Russell996

494 posts

131 months

Tuesday 19th November 2013
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kenyon said:
The CS from the day it was launched has never had a bad review and for that prices will keep going up!
CS, just like the Scud and now the Speciale suffered the odd reviewer who didn't understand the less for more philosophy of the V8 RAW Ferrari's - great reviews with the small aside at the end 'I'll let you into a little secret, if it was my money and for the small difference in performance I'd buy the standard car and save £30k'. Time always proves them wrong, you simply can't put a value on the additional driving feeling, being the fastest is always fleeting, having the feeling of being the fastest always lasts!
Long live the V8 Raw Ferrari!

kenyon

1,269 posts

259 months

Tuesday 19th November 2013
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£160K CS says sold nowbiggrin

AmoCS

1,150 posts

221 months

Thursday 21st November 2013
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bromers2

1,867 posts

252 months

Thursday 21st November 2013
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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!
Good shout smile

bryn_p

465 posts

231 months

Thursday 21st November 2013
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I just can't understand the price disparity, RHD cars are almost double the price of LHD now. I can't think of any other cars where that is or has been the case? Surely one of them will have to move?

I've just bought a LHD CS by the way, signed by Michael Schumacher so probably worth 200k now biggrin

Cheers,
Bryn.

bromers2

1,867 posts

252 months

Thursday 21st November 2013
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AmoCS said:
And no stereo or fire extinguisher.

GRBF430F1

4,843 posts

172 months

Thursday 21st November 2013
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bryn_p said:
I just can't understand the price disparity, RHD cars are almost double the price of LHD now. I can't think of any other cars where that is or has been the case? Surely one of them will have to move?

I've just bought a LHD CS by the way, signed by Michael Schumacher so probably worth 200k now biggrin

Cheers,
Bryn.
Thats the way I would go on one of these now. RHD is never worth the premium for track or limited mileage road use. This has got to be the optimum point now for CS so watch out for the tread saying I could of got £40,000 more for my CS but was too greedy

thegreenhell

15,883 posts

221 months

Thursday 21st November 2013
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bryn_p said:
I just can't understand the price disparity, RHD cars are almost double the price of LHD now. I can't think of any other cars where that is or has been the case? Surely one of them will have to move?

I've just bought a LHD CS by the way, signed by Michael Schumacher so probably worth 200k now biggrin

Cheers,
Bryn.
Exactly. Is RHD really worth this premium?

18,000 miles, RHD, £169,995 - http://www.pistonheads.com/classifieds/used-cars/f...

or

18,000 kms, LHD, 87.500 EUR (approx £73,000) - http://suchen.mobile.de/auto-inserat/ferrari-360-f...

Russell996

494 posts

131 months

Thursday 21st November 2013
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It is interesting to see how quickly things have changed simply by looking at Meridien's monthly stocklist - the same/similar Rosso Corsa CS was up for sale at Meridien from August 2011 until April 2012 (9 continuous months) with 12k miles for a start figure of £105k reducing to final asking price of £99k. At the same time (August 2011 until April 2012) they also had a Rosso Scuderia CS with 15k miles for a start figure of £103k reducing to the same final asking price of £99k. Spoilt for choice for 9 continuous months with 2 CS's at the same dealer, under £100k for either and only 18 months ago - those were the days!

GRBF430F1

4,843 posts

172 months

Thursday 21st November 2013
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Russell996 said:
It is interesting to see how quickly things have changed simply by looking at Meridien's monthly stocklist - the same/similar Rosso Corsa CS was up for sale at Meridien from August 2011 until April 2012 (9 continuous months) with 12k miles for a start figure of £105k reducing to final asking price of £99k. At the same time (August 2011 until April 2012) they also had a Rosso Scuderia CS with 15k miles for a start figure of £103k reducing to the same final asking price of £99k. Spoilt for choice for 9 continuous months with 2 CS's at the same dealer, under £100k for either and only 18 months ago - those were the days!
Spot on Russell, I remember that too and one at Carrs in Feb 2011 that they had to trade out at £90k because they couldn't sell it.

But as quickly as they have gone up they can come back down which is my word of warning to anyone entering the market at this level.

If you are an enthusiast more so than the rich and famous you would be mad to risk paying these types of prices knowing you would be hardly able to drive the car and that the bubble could burst at any moment.

This for me is the biggest shame of the situation as these great cars will just become ornaments that may make an anuual outing. Thats not my idea of a car

AmoCS

1,150 posts

221 months

Thursday 21st November 2013
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AmoCS said:
Mileage has just gone up from 18k to 19k

gt500nick

960 posts

140 months

Thursday 21st November 2013
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thegreenhell said:
Exactly. Is RHD really worth this premium?

18,000 miles, RHD, £169,995 - http://www.pistonheads.com/classifieds/used-cars/f...

or

18,000 kms, LHD, 87.500 EUR (approx £73,000) - http://suchen.mobile.de/auto-inserat/ferrari-360-f...
I know someone who went and saw that car it's had a big accident and the floor is all bent up, pictures don't tell the truth on many adverts.

bromers2

1,867 posts

252 months

Thursday 21st November 2013
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GRBF430F1 said:
But as quickly as they have gone up they can come back down which is my word of warning to anyone entering the market at this level.
Why ? - Don't remember this ever happening on any other Ferrari model ?

It did happen on everything when the classic car bubble burst 20+yrs ago (Daytona's worth £1m down to £100k)

bromers2

1,867 posts

252 months

Thursday 21st November 2013
quotequote all
thegreenhell said:
Exactly. Is RHD really worth this premium?

18,000 miles, RHD, £169,995 - http://www.pistonheads.com/classifieds/used-cars/f...

or

18,000 kms, LHD, 87.500 EUR (approx £73,000) - http://suchen.mobile.de/auto-inserat/ferrari-360-f...
And a lot don't have FFSH (the UK market is infatuated with this for some reason !!)

And most of the UK ones will be known by someone or someone who knows someone smile

GRBF430F1

4,843 posts

172 months

Thursday 21st November 2013
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bromers2 said:
And a lot don't have FFSH (the UK market is infatuated with this for some reason !!)

And most of the UK ones will be known by someone or someone who knows someone smile
Most of the UK cars have flaky history at best now as they are hardly driven from year to year. Much rather buy a car thats been in regular use than 500 miles a couple of times a year and then sat around for long periods.

moc

215 posts

211 months

Thursday 21st November 2013
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GRBF430F1 said:
Most of the UK cars have flaky history at best now as they are hardly driven from year to year. Much rather buy a car thats been in regular use than 500 miles a couple of times a year and then sat around for long periods.
I'm not sure that's the case mate, mines done 12k over the last 4 years in all conditions and situations, has an impectable history, has wanted for nothing and is probably a better car now than the day I bought it.. Most if not all of the CS owners I know, and that's a few, have a very similiar approach to their CS tenure...

Granted there will be the few garage queens, museum pieces and ste boxes, but in the main i think they are owned by people who drive them, enjoy them and look after them.

gt500nick

960 posts

140 months

Thursday 21st November 2013
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The cs is a definite drivers car, you buy one because you fall in love with the noise it makes. And they don't make noise standing still in the garage.

As long as it's got the ffsh and being driven it doesn't matter where it comes from the owner takes care if it obviously.

GRBF430F1

4,843 posts

172 months

Thursday 21st November 2013
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moc said:
I'm not sure that's the case mate, mines done 12k over the last 4 years in all conditions and situations, has an impectable history, has wanted for nothing and is probably a better car now than the day I bought it.. Most if not all of the CS owners I know, and that's a few, have a very similiar approach to their CS tenure...

Granted there will be the few garage queens, museum pieces and ste boxes, but in the main i think they are owned by people who drive them, enjoy them and look after them.
clap Fair play and thats the kind of car I would want to buy but unfortunately those cars generally won't be for sale.

My F355GTS is the same and I don't care what it is worth, I will not be selling it whilst and can still drive and even then I've said you can bury me in it