200k investment Ferrari
Discussion
GRBF430F1 said:
Slickhillsy said:
I'll sell him my Scuderia for £200K(ish) - Sounds like just the classic he's looking for ;-)
Still expect 'him' to be along any moment with of course the correct investment decision you friend should take...
Over to you GRBF430F1...
Isn't yours LHD ? Still expect 'him' to be along any moment with of course the correct investment decision you friend should take...
Over to you GRBF430F1...
GRBF430F1 said:
Jules360 said:
I was getting worried for a moment there. Anyway, normal service resumed.
I only replied because I knew you would be worried sick if I didn't lolProbably not as sick as you will be though when it all comes to fruition
Jon666 said:
A lot of talk by owners of 200k Scuderias but reality is they stopped selling when price went over 150k. Last time they were selling they were fetching 120-160 so I'd be inclined to call this current value.
Plenty for sale this year over £150k (see tracker below) which I assume have sold, but who know's what the final agreed price was.http://www.clubstradale.com/ferrari-430-scuderia-s...
This was showing as deposit taken a few days ago but now looks to be up for sale again...
http://www.pistonheads.com/classifieds/used-cars/f...
http://www.pistonheads.com/classifieds/used-cars/f...
Jon666 said:
A lot of talk by owners of 200k Scuderias but reality is they stopped selling when price went over 150k. Last time they were selling they were fetching 120-160 so I'd be inclined to call this current value.
Reality ? - Not my experience of trying to buy one this year. Looked at 5 cars inc the one I bought, all were above £160k, room for negotiation was less than £4k on each of them and only 1 remains unsold at £170k which TBH I'm surprised by as it was my 2nd choice of the 5 cars.Maybe you haven't been close to the Scuderia market for a while because things have moved on rapidly this year. Surely you have seen the £200k cars advertised and if you can negotiate £40k off sticker price please can you get me a Speciale
AmoCS said:
Jon666 said:
A lot of talk by owners of 200k Scuderias but reality is they stopped selling when price went over 150k. Last time they were selling they were fetching 120-160 so I'd be inclined to call this current value.
Plenty for sale this year over £150k (see tracker below) which I assume have sold, but who know's what the final agreed price was.http://www.clubstradale.com/ferrari-430-scuderia-s...
AmoCS said:
Plenty for sale this year over £150k (see tracker below) which I assume have sold, but who know's what the final agreed price was.
http://www.clubstradale.com/ferrari-430-scuderia-s...
Nothing on this board that goes against my post. The high priced cars are unsold.http://www.clubstradale.com/ferrari-430-scuderia-s...
GRBF430F1 said:
Jon666 said:
A lot of talk by owners of 200k Scuderias but reality is they stopped selling when price went over 150k. Last time they were selling they were fetching 120-160 so I'd be inclined to call this current value.
Reality ? - Not my experience of trying to buy one this year. Looked at 5 cars inc the one I bought, all were above £160k, room for negotiation was less than £4k on each of them and only 1 remains unsold at £170k which TBH I'm surprised by as it was my 2nd choice of the 5 cars.Maybe you haven't been close to the Scuderia market for a while because things have moved on rapidly this year. Surely you have seen the £200k cars advertised and if you can negotiate £40k off sticker price please can you get me a Speciale
OK - getting boring now and off the OP topic...
Personally I've always loved these, they just look so well proportioned *annnd* it has 12 Cyl - as a Ferrari should have!
http://www.carandclassic.co.uk/car/C540213
And this is sublime...
http://www.petrolicious.com/ferrari-bb-512-is-a-pi...
Think you'll get a great car for £200K!
Personally I've always loved these, they just look so well proportioned *annnd* it has 12 Cyl - as a Ferrari should have!
http://www.carandclassic.co.uk/car/C540213
And this is sublime...
http://www.petrolicious.com/ferrari-bb-512-is-a-pi...
Think you'll get a great car for £200K!
rubystone said:
Despite the hopeful prices for cars on the market in the UK at the moment, a 512BBi is within that price. Buy lhd and you'll expand your market. Buy in the US and you'll find more choice. Buy in the UK and you WILL overpay. Here endeth the sermon.
On buying a LHD in the UK I agree to a point. Is it overpaying or are you paying someone else to have the hassle of sourcing the right car, worrying about international payments and the deal fully completing - the period where the vendor has both the full cash and the car, worrying about getting it back as it should be with all the right bits still with it - gonna drive all that way back or trust someone to ship it for you? Registering it here, if applicable import duty/vat, doing the legwork on the inspection and confirming the history. If required, the finance houses requiring you to buy through a reputable UK dealer etc etc. All of this is of course doable. Or the other option, you pay someone else to do it for you and all you need to do is swan down to the dealer, collect the keys and drive off into the sunset - of course, after stopping at a lovely restaurant where you can peer out of the window and admire your investment...
Here endeth the heckle
OP, nice dilemma to help out with. Personally, I'd go for a collectors piece such as an original condition & very low miles or a correctly restored car. The rest are of course good cars and also have the advantage of being able to absorb more miles without affecting the value as much but if it's investment, think about easing the resale by getting something a collector would be hoovering up.
Jules360 said:
You can advertise a car for whatever you like. The fact that there is a clean red car at a main dealer that remains unsold after a good few months at 170k demonstrates to me their value.
Market is quiet coming up to xmas and same said dealer still has a nice CS at £180k unsold for twice if not three times as long now. Does that demonstrate its value as well then ?I wager they will both fetch £180k or more by spring 2015 and I'm sure a dealer would rather sit on that stock than a depreciating 458 spider at this time of year.
They are not going to give these types of car away and are prepared to sit it out knowing the car is more likely to go up and not down. Ok they have capital tied up etc but they can be choosey and selling now could still ultimately cost them money
Chiefly said:
On buying a LHD in the UK I agree to a point. Is it overpaying or are you paying someone else to have the hassle of sourcing the right car, worrying about international payments and the deal fully completing - the period where the vendor has both the full cash and the car, worrying about getting it back as it should be with all the right bits still with it - gonna drive all that way back or trust someone to ship it for you? Registering it here, if applicable import duty/vat, doing the legwork on the inspection and confirming the history. If required, the finance houses requiring you to buy through a reputable UK dealer etc etc.
All of this is of course doable. Or the other option, you pay someone else to do it for you and all you need to do is swan down to the dealer, collect the keys and drive off into the sunset - of course, after stopping at a lovely restaurant where you can peer out of the window and admire your investment...
Here endeth the heckle
OP, nice dilemma to help out with. Personally, I'd go for a collectors piece such as an original condition & very low miles or a correctly restored car. The rest are of course good cars and also have the advantage of being able to absorb more miles without affecting the value as much but if it's investment, think about easing the resale by getting something a collector would be hoovering up.
Not having a dig at you, Algernon. After all, you have chosen both routes and eventually will come to a conclusion about what suits you best.All of this is of course doable. Or the other option, you pay someone else to do it for you and all you need to do is swan down to the dealer, collect the keys and drive off into the sunset - of course, after stopping at a lovely restaurant where you can peer out of the window and admire your investment...
Here endeth the heckle
OP, nice dilemma to help out with. Personally, I'd go for a collectors piece such as an original condition & very low miles or a correctly restored car. The rest are of course good cars and also have the advantage of being able to absorb more miles without affecting the value as much but if it's investment, think about easing the resale by getting something a collector would be hoovering up.
But too many chancers in the market rely on people not being arsed to source from Europe and believing that they'll pay an extortionate amount to avoid the 'pitfalls' of buying from abroad. This eats into the investment potential of the cars. It happened in the late 90s when a bold few of us ventured into Europe to buy 964 RSs because traders were buying cheap cars there to maximise profits...result was sub standard cars on UK market and we decided to take the risk to find the very best.
456MGT does it best...buy ahead of the curve, buy the cars that have the maximum potential market appeal and you're onto a winner. The fact that Kevin also uses his investments in the way Enzo would have liked, is the icing on the cake.
rubystone said:
Not having a dig at you, Algernon. After all, you have chosen both routes and eventually will come to a conclusion about what suits you best.
But too many chancers in the market rely on people not being arsed to source from Europe and believing that they'll pay an extortionate amount to avoid the 'pitfalls' of buying from abroad. This eats into the investment potential of the cars. It happened in the late 90s when a bold few of us ventured into Europe to buy 964 RSs because traders were buying cheap cars there to maximise profits...result was sub standard cars on UK market and we decided to take the risk to find the very best.
456MGT does it best...buy ahead of the curve, buy the cars that have the maximum potential market appeal and you're onto a winner. The fact that Kevin also uses his investments in the way Enzo would have liked, is the icing on the cake.
That's fair enough on the chancers, but then that is down to the right car at the right selling price, if it's reasonably priced why not buy it? I don't have a problem with a Business trying to make a crust. If it's extortionate, then barter the price to where it should be or walk away.But too many chancers in the market rely on people not being arsed to source from Europe and believing that they'll pay an extortionate amount to avoid the 'pitfalls' of buying from abroad. This eats into the investment potential of the cars. It happened in the late 90s when a bold few of us ventured into Europe to buy 964 RSs because traders were buying cheap cars there to maximise profits...result was sub standard cars on UK market and we decided to take the risk to find the very best.
456MGT does it best...buy ahead of the curve, buy the cars that have the maximum potential market appeal and you're onto a winner. The fact that Kevin also uses his investments in the way Enzo would have liked, is the icing on the cake.
Re: miles and in the context of pure investment, A humble car lover such as myself can't halt the fact that adding 25k miles to a car with delivery miles and in pristine condition will alter it's value. If the OP is interested in an investment then this is the reality, I agree it isn't right but that's where we are today.
As an aside, I'm all for higher mileage cars and am highly amused when everyone writes them off here.
Good for those that do shop for cars directly from outside of the UK, but I wouldn't disregard buying directly here.
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