Ferrari F40 Values - Past and Present
Discussion
Vroom2 said:
Ouch, $845k and it will need a chunk of remediation work to get it working (alas I fear it will never see an angry mile in its life)Still - onwards and upwards.
Although it'd be a shame to take one off the road, if current values keep climbing as they have compared to 5-8years ago, it's a nice place for a few quid to sit in storage for another 5years.
It'd be a real shame to get such a beautiful car and hide it as an investment, but there's not many other ways of doubling your money in that sort of term, and I'd hazard a guess that they're not getting any cheaper any time soon.
Imagine the temptation to your petrol head knowing it's there, but the investment head says keep in tucked away.... I think I'd end up putting 5-10k miles a year on it
It'd be a real shame to get such a beautiful car and hide it as an investment, but there's not many other ways of doubling your money in that sort of term, and I'd hazard a guess that they're not getting any cheaper any time soon.
Imagine the temptation to your petrol head knowing it's there, but the investment head says keep in tucked away.... I think I'd end up putting 5-10k miles a year on it
graeme4130 said:
Imagine the temptation to your petrol head knowing it's there, but the investment head says keep in tucked away.... I think I'd end up putting 5-10k miles a year on it
Buy itDrive it
It will still go up (or it wasnt going to anyway so storing it wont help)
Enjoy
That's what any sane person would do.. not store it
graeme4130 said:
Although it'd be a shame to take one off the road, if current values keep climbing as they have compared to 5-8years ago, it's a nice place for a few quid to sit in storage for another 5years.
It'd be a real shame to get such a beautiful car and hide it as an investment, but there's not many other ways of doubling your money in that sort of term, and I'd hazard a guess that they're not getting any cheaper any time soon.
Imagine the temptation to your petrol head knowing it's there, but the investment head says keep in tucked away.... I think I'd end up putting 5-10k miles a year on it
Out of interest, what were the F40 prices 5-8years ago?It'd be a real shame to get such a beautiful car and hide it as an investment, but there's not many other ways of doubling your money in that sort of term, and I'd hazard a guess that they're not getting any cheaper any time soon.
Imagine the temptation to your petrol head knowing it's there, but the investment head says keep in tucked away.... I think I'd end up putting 5-10k miles a year on it
I think F40's will continue to be sort after relative to the classic/sports car market but it's also easy to see that we could have a serious correction. There are not many asset classes that rise as strongly as classic/sporting cars have over the last few years without a correction at some point. A lot of people are buying cars as investment now rather than as something to enjoy, those people will happily swallow the running/storage and insurance costs for these cars when prices are rising...less so if we see say a 30% correction.
what was wrong with the one a few weeks ago that was mid 200s?
LM replica or similar, why is that so cheap?
thread here:
http://www.pistonheads.com/xforums/topic.asp?h=0&a...
LM replica or similar, why is that so cheap?
thread here:
http://www.pistonheads.com/xforums/topic.asp?h=0&a...
Du1point8 said:
what was wrong with the one a few weeks ago that was mid 200s?
LM replica or similar, why is that so cheap?
thread here:
http://www.pistonheads.com/xforums/topic.asp?h=0&a...
It was a bargin deal, maybe someone looking to get it moved quick, or not realising what they had,LM replica or similar, why is that so cheap?
thread here:
http://www.pistonheads.com/xforums/topic.asp?h=0&a...
also the LM's are treated differently to road cars (which are again split down to brackets of the USA and EU cars, with the EU being significantly more desirable, and then these split down again to the Adjust / Non adjust and Cat / Non cat, and these split down again to the first 50 with the sliding windows / light weight doors etc)
Always fun
Vroom2 said:
F40 prices of £150,000 in 2006 to £450,000 in 2012 = recipe for serious trouble.
I would be amazed if these values can be sustained. What goes up, must come......?!
Then again we do live in a crazy world.
My bet is they will come down considerably.
I suppose you may be right, a rare care for £0.5m is crazyI would be amazed if these values can be sustained. What goes up, must come......?!
Then again we do live in a crazy world.
My bet is they will come down considerably.
Crazy Prices for such useless items
and with 288GTOs reportedly breaching £1m .. well
JamieBeeston said:
Buy it
Drive it
It will still go up (or it wasnt going to anyway so storing it wont help)
Enjoy
That's what any sane person would do.. not store it
Agree, I bought my 993RS for £38K with 30k miles on clock. Its now got 60k miles on clock and is worth c.£100k. If I'd stored it it would be worth c.£125k...but I would have missed out on 30k miles of motoring nirvana! Drive it
It will still go up (or it wasnt going to anyway so storing it wont help)
Enjoy
That's what any sane person would do.. not store it
roygarth said:
Agree, I bought my 993RS for £38K with 30k miles on clock. Its now got 60k miles on clock and is worth c.£100k. If I'd stored it it would be worth c.£125k...but I would have missed out on 30k miles of motoring nirvana!
The 993 RS is a real beauty, but is it 5 or 6 times the car that a 996 Carrera 4S is? The price is that much higher. I guess it depends on how bad you want it!I've changed my mind regarding santa list. I'm going to ask for a crystal ball instead of an F40!
I still maintain those prices can't last.
JamieBeeston said:
Vroom2 said:
F40 prices of £150,000 in 2006 to £450,000 in 2012 = recipe for serious trouble.
I would be amazed if these values can be sustained. What goes up, must come......?!
Then again we do live in a crazy world.
My bet is they will come down considerably.
I suppose you may be right, a rare care for £0.5m is crazyI would be amazed if these values can be sustained. What goes up, must come......?!
Then again we do live in a crazy world.
My bet is they will come down considerably.
Crazy Prices for such useless items
and with 288GTOs reportedly breaching £1m .. well
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