RE: V12 Ferraris: Market Watch
Discussion
Having being in a mates 575, I think it was probably the best GT car I have ever ridden in, acceleration is seemingly never ending, its quick, its comfortable, the engine sounds amazing.
Its pretty wide though, for crossing continents, yes please, for driving in the old part of any town in Europe, no thanks
Its pretty wide though, for crossing continents, yes please, for driving in the old part of any town in Europe, no thanks
Cold said:
I reject this premise.
Me too, only the F40 has ever appealed to me in a 'if I win the lottery I'd buy this' kinda way from the Ferrari range, I don't think I've ever lusted after a Lamborghini either. I'm way, way too shy and anxious to have something so flashy and I don't think having a few million in the bank would change that. I lust after a classic Mini Cooper, a McLaren F1 would be on the list for early morning drives. Probably the only recent supercar that truly appeals is the 675LT.
The car that always made me smile when I saw it in the garage and the one that I most regret selling? 456M. The first properly pretty Ferrari since the Daytona, IMHO.
Also, thanks to a partial rise in values, the cheapest car I ever owned, costing me just petrol over my 4 years of ownership. Loved it so much that I took it with me from the UK to Australia, despite having to pay thousands in import duties. Thought about bringing it back too, but had what I thought was a good offer. I believe it was the first one not officially imported as new and is only the 16th 456 in Australia. It is shared its Aussie garage with a 1967 Mustang and a 1969 E-Type (both convertibles). Hope its owner appreciates it as much as I did.
Selling it in 2014, shortly before the recent massive rise in values in the UK also might have some bearing on why I regret selling - I can't afford another one!
Also, thanks to a partial rise in values, the cheapest car I ever owned, costing me just petrol over my 4 years of ownership. Loved it so much that I took it with me from the UK to Australia, despite having to pay thousands in import duties. Thought about bringing it back too, but had what I thought was a good offer. I believe it was the first one not officially imported as new and is only the 16th 456 in Australia. It is shared its Aussie garage with a 1967 Mustang and a 1969 E-Type (both convertibles). Hope its owner appreciates it as much as I did.
Selling it in 2014, shortly before the recent massive rise in values in the UK also might have some bearing on why I regret selling - I can't afford another one!
Pereldh said:
Why leave out the 400/412..?
I know it's not everyone's favorite, but so is none of the above either.
Secure in my future endless garage...
Another 400/412 fan, nearly bought one at auction 14/15 years ago for £8k, bottled it at the last minute (plus the wife was with me...)I know it's not everyone's favorite, but so is none of the above either.
Secure in my future endless garage...
Edited by Pereldh on Monday 27th March 12:58
ukaskew said:
Me too, only the F40 has ever appealed to me in a 'if I win the lottery I'd buy this' kinda way from the Ferrari range, I don't think I've ever lusted after a Lamborghini either.
I'm way, way too shy and anxious to have something so flashy and I don't think having a few million in the bank would change that. I lust after a classic Mini Cooper, a McLaren F1 would be on the list for early morning drives. Probably the only recent supercar that truly appeals is the 675LT.
A McLaren will probably be way too flashy for you regardless, but a black/silver V12 Ferrari can be pretty understated for what it is, its not all red V8 supercarsI'm way, way too shy and anxious to have something so flashy and I don't think having a few million in the bank would change that. I lust after a classic Mini Cooper, a McLaren F1 would be on the list for early morning drives. Probably the only recent supercar that truly appeals is the 675LT.
Not any flashier then a silver aston to me.
Pereldh said:
Why leave out the 400/412..?
I know it's not everyone's favorite, but so is none of the above either.
Secure in my future endless garage...
I love 400s & thanks for posting that image. Great colour, great video, great track. For those that don't know it: https://www.youtube.com/watch?v=hrB-_nIer88I know it's not everyone's favorite, but so is none of the above either.
Secure in my future endless garage...
Edited by Pereldh on Monday 27th March 12:58
Behemoth said:
Pereldh said:
Why leave out the 400/412..?
I know it's not everyone's favorite, but so is none of the above either.
Secure in my future endless garage...
I love 400s & thanks for posting that image. Great colour, great video, great track. For those that don't know it: https://www.youtube.com/watch?v=hrB-_nIer88I know it's not everyone's favorite, but so is none of the above either.
Secure in my future endless garage...
Edited by Pereldh on Monday 27th March 12:58
Pizza Guy
Pereldh said:
Why leave out the 400/412..?
I know it's not everyone's favorite, but so is none of the above either.
Secure in my future endless garage...
I couldnt agree more. I've previously owned a 456 and 456M so have a real soft spot for the V12 2+2 models. I now own a 1980 400i that I will be restoring. For me this one has the greatest potential, although its only now starting to gain traction. The wedge shape cars were unloved for a long time, even the Countach and Lagonda was shunned for many years. But now they have solidly entered the classic market and used values have been rising for a long time.I know it's not everyone's favorite, but so is none of the above either.
Secure in my future endless garage...
Edited by Pereldh on Monday 27th March 12:58
Here are some values and current prices of classic Ferrari V12 2+2:
400 GT 2+2 - (1976 - 89 includes 412) - Upto £45k - £115k
365 GT 2+2 (1972-76) - upto £130k
365 GTC/4 (1971-72) - £350k - £435k - Probably due to rarity
365 GT 2+2 (1967-71) - £300k
330 GT (1964-67) - Up to £370k
250 GTE 2+2 (1960-63) - £450k - Yes I know... Legendary 250.
So what does it all mean?
Well as a guide a car 10 years older than mine is worth about £300k today, So realistically in ten years from now my car will be worth somewhere between £200-300k. In 20 years about £400k+. That of course is at today's prices and not including any inflation adjustments etc which may push it higher.
Not bad going for something we also get to enjoy. Think Im unrealistic? I have a copy of Classic Car mag from 2002 where you could buy a 365 or 330 for less that £20k... That was 15 years ago.
I'm going to go out on a limb and say the 456 was the last truly good looking Ferrari. The F355 was fantastic also, and the 360, although I didn't really like it at launch has aged well, well in the right colour which is anything other than red, ironically.
The 612 is a reminder that the current crop of Ferraris are either too fussy or ugly (or both), but even then the Scag is a bit too heavy handed compared to the 456. As much as I appreciate the LaFerrari from a technical point of view, it's hideous.
The 612 is a reminder that the current crop of Ferraris are either too fussy or ugly (or both), but even then the Scag is a bit too heavy handed compared to the 456. As much as I appreciate the LaFerrari from a technical point of view, it's hideous.
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