Supercar As An Investment
Discussion
Can people just buy these cars because they love the car and are enthusiastic about them like we used to,
Most of these people these days dont really have a passion for the marque or the car and are just pushing the prices up, the genuine enthusiasts are paying higher prices as a result, most of the time you won't make a profit, last couple of years has seen a massive increase accross the board, this is why everyone now thinks they can make a small fortune,
I think the market has topped out tbh.
Most of these people these days dont really have a passion for the marque or the car and are just pushing the prices up, the genuine enthusiasts are paying higher prices as a result, most of the time you won't make a profit, last couple of years has seen a massive increase accross the board, this is why everyone now thinks they can make a small fortune,
I think the market has topped out tbh.
thecook101 said:
Camlet said:
It's much more a matter of time and commitment. If one is prepared to play the long game and commit to (say) Ferrari the LE reward is significant. It took me 11 years commitment to be offered my first LE.
Interesting, how many new cars did you order over that time?The 599 GTO invite came in 2010, and arrived in Jan 2011.
From there others were added. From 1999 I remained loyal to one dealer.
Camlet said:
Two. A 360 Spider F1 in 2002 which I sold when I bought a 599 GTB F1 in 2007, and a 550 Maranello which remained a constant and is still with me since 1999.
The 599 GTO invite came in 2010, and arrived in Jan 2011.
From there others were added. From 1999 I remained loyal to one dealer.
Thanks for the that. I'm tempted to buy new but that first year or so of depreciation is always a factor. I'm sure getting a GTO at list was worth it though. Nice. The 599 GTO invite came in 2010, and arrived in Jan 2011.
From there others were added. From 1999 I remained loyal to one dealer.
Camlet said:
It's much more a matter of time and commitment. If one is prepared to play the long game and commit to (say) Ferrari the LE reward is significant. It took me 11 years commitment to be offered my first LE.
It works with Ferrari until it doesn't. For me that moment came when they gave my early Speciale slot to somebody else. Which was quite an achievement considering they had told me my car was already in build. I've tried to keep some faith in the marque but the local dealer on the sales side is hopeless. Sold both my GTO's now, just have the 16M. Plenty of other exciting options than Ferrari for me.I have owned 5 Ferraris (3 bought new, 1 bought recent used from a main dealer and 1 bought recent used from a specialist dealer) and currently own two. When I suggested that I might be interested in buying a LaFerrari (from the dealer with whom I have had a long buying and servicing history)they pretty well laughed in my face.
Camlet said:
thecook101 said:
Camlet said:
It's much more a matter of time and commitment. If one is prepared to play the long game and commit to (say) Ferrari the LE reward is significant. It took me 11 years commitment to be offered my first LE.
Interesting, how many new cars did you order over that time?The 599 GTO invite came in 2010, and arrived in Jan 2011.
From there others were added. From 1999 I remained loyal to one dealer.
I've asked about getting an invite to the next LE car and they haven't said no, or yes. They were vague in the extreme.
But, I've only owned Ferraris for 2.5 years.
foxsasha said:
lambo_xx said:
Amari? Oh I would run. Not walk!
Why do you say that? Saw them on a supercars documentary the other day and came away with the same impression.Do find the Ferrari customer loyalty a little odd.
Ferrari don't make the prettiest cars, they don't make the fastest cars, they don't make the best-handling cars, they don't make the best-sounding cars, their cars are among the most unreliable in the whole industry, they overprice cars, they underspec warranties, and, to top it all, they treat big-spending customers like dirt...
Treat 'em mean, keep 'em keen
Ferrari don't make the prettiest cars, they don't make the fastest cars, they don't make the best-handling cars, they don't make the best-sounding cars, their cars are among the most unreliable in the whole industry, they overprice cars, they underspec warranties, and, to top it all, they treat big-spending customers like dirt...
Treat 'em mean, keep 'em keen
Yipper said:
Do find the Ferrari customer loyalty a little odd.
Ferrari don't make the prettiest cars, they don't make the fastest cars, they don't make the best-handling cars, they don't make the best-sounding cars, their cars are among the most unreliable in the whole industry, they overprice cars, they underspec warranties, and, to top it all, they treat big-spending customers like dirt...
Treat 'em mean, keep 'em keen
I obviously love being mis-sold and mis-treated. Ferrari don't make the prettiest cars, they don't make the fastest cars, they don't make the best-handling cars, they don't make the best-sounding cars, their cars are among the most unreliable in the whole industry, they overprice cars, they underspec warranties, and, to top it all, they treat big-spending customers like dirt...
Treat 'em mean, keep 'em keen
I'll remember your wise counsel as I drive my new awful, bloated, badly sounding TDF.
AndrewD said:
It works with Ferrari until it doesn't. For me that moment came when they gave my early Speciale slot to somebody else
I remember you saying in a post a while back you cancelled your order, not that the dealer pulled the contract.From the timing and your hint about Sherwood Forest, I think I was offered your car. Graypaul Nottingham said a customer had cancelled their order.
I've used Graypaul Notts since 1999 and always found Mario and the team first class. Maybe my expectations are lower. Sure I've had some issues but always bit my tongue remembering the guys selling and servicing my cars will probably never afford a new fully loaded car. Besides Ferrari remains a power brand, FNE can call the shots and their major dealers are squeezed from all sides.
Plus having been in the Graypaul Notts dealership many times, I've winced at the way many customers talk to the staff. Yes buying a Ferrari affords you some status but from some conversations I've overheard anyone would think the staff are there to wipe s
t off the customers shoes. As with anything, behaviour breeds behaviour.
Happy New Year.
You got the dealership right.
The circumstances were this: I got an early slot provided I put a huge amount of spec on the car. Paid my deposit and off we went. I think the salesman was called Mark. He confirmed my June build car was in build. When I called a few weeks later to try and lock down the delivery date as I was intending on going on a driving holiday to France in my new car, they told me somehow my car was now a post shutdown Sept build car.
I had written on the order form that the car needed to be a June build car, as agreed, so this was breach of contract and I asked for my money back.
Glad to hear you got the slot and are enjoying it.
But at no point did I act in any way to deserve this wonderful treatment by the dealer. I doubt they even had a June slot to sell to me, in exchange for high spec, because I'm buggered if I know how a car can be in build one minute and delayed to September the next. Maybe the just in time production still allows the factory to reallocate it outside of the dealer's control. But if this had happened I would at least have expected them to call me and tell me, not to find out only when I called them.
The circumstances were this: I got an early slot provided I put a huge amount of spec on the car. Paid my deposit and off we went. I think the salesman was called Mark. He confirmed my June build car was in build. When I called a few weeks later to try and lock down the delivery date as I was intending on going on a driving holiday to France in my new car, they told me somehow my car was now a post shutdown Sept build car.
I had written on the order form that the car needed to be a June build car, as agreed, so this was breach of contract and I asked for my money back.
Glad to hear you got the slot and are enjoying it.
But at no point did I act in any way to deserve this wonderful treatment by the dealer. I doubt they even had a June slot to sell to me, in exchange for high spec, because I'm buggered if I know how a car can be in build one minute and delayed to September the next. Maybe the just in time production still allows the factory to reallocate it outside of the dealer's control. But if this had happened I would at least have expected them to call me and tell me, not to find out only when I called them.
Edited by AndrewD on Thursday 29th December 15:55
AndrewD said:
You got the dealership right.
The circumstances were this: I got an early slot provided I put a huge amount of spec on the car. Paid my deposit and off we went. I think the salesman was called Mark. He confirmed my June build car was in build. When I called a few weeks later to try and lock down the delivery date as I was intending on going on a driving holiday to France in my new car, they told me somehow my car was now a post shutdown Sept build car.
I had written on the order form that the car needed to be a June build car, as agreed, so this was breach of contract and I asked for my money back.
Glad to hear you got the slot and are enjoying it.
But at no point did I act in any way to deserve this wonderful treatment by the dealer. I doubt they even had a June slot to sell to me, in exchange for high spec, because I'm buggered if I know how a car can be in build one minute and delayed to September the next. Maybe the just in time production still allows the factory to reallocate it outside of the dealer's control. But if this had happened I would at least have expected them to call me and tell me, not to find out only when I called them.
If you specified a June build and they guaranteed it, in writing, you've every right to pull the order. And they should have called you. Not doubting what happened for a second but I've never known them (or anyone else) provide a written guarantee for the build slot, least of all based on Ferrari's schedule. The circumstances were this: I got an early slot provided I put a huge amount of spec on the car. Paid my deposit and off we went. I think the salesman was called Mark. He confirmed my June build car was in build. When I called a few weeks later to try and lock down the delivery date as I was intending on going on a driving holiday to France in my new car, they told me somehow my car was now a post shutdown Sept build car.
I had written on the order form that the car needed to be a June build car, as agreed, so this was breach of contract and I asked for my money back.
Glad to hear you got the slot and are enjoying it.
But at no point did I act in any way to deserve this wonderful treatment by the dealer. I doubt they even had a June slot to sell to me, in exchange for high spec, because I'm buggered if I know how a car can be in build one minute and delayed to September the next. Maybe the just in time production still allows the factory to reallocate it outside of the dealer's control. But if this had happened I would at least have expected them to call me and tell me, not to find out only when I called them.
Edited by AndrewD on Thursday 29th December 15:55
My TDF build slot was bouncing around to the point I gave up asking. Probably the production of the LaFA bounced the V12 line and understandably so. Indeed a spotter took a pic of my TDF on the back of a delivery truck in the UK before I even knew it was in the country. Like I said I bite my tongue - it's hard at times - and drive away with the car and a smile on my face.
_Leg_ said:
Camlet said:
I've used Graypaul Notts since 1999 and always found Mario and the team first class.
You're joking right? Your contact at your dealer is called Mario?That's proper that is.
Any return you may make has to be offset with running costs. These aren't the cheapest cars to run and to make sure yours is worth its max it needs to have all the stamps even if you don't really use it.
You'll have to have a crystal ball to be certain of a killing these days, there's nothing left in barns anymore.
You'll have to have a crystal ball to be certain of a killing these days, there's nothing left in barns anymore.
This has triggered a fab bit of man maths. Buy new Ferraris sequentially, losing money on each one until your number comes up on a limited edition, which you then get your return on investment. And you get to drive fab cars during the investment period. I'm starting to practice "my pitch" now.......
Camlet said:
Two. A 360 Spider F1 in 2002 which I sold when I bought a 599 GTB F1 in 2007, and a 550 Maranello which remained a constant and is still with me since 1999.
The 599 GTO invite came in 2010, and arrived in Jan 2011.
From there others were added. From 1999 I remained loyal to one dealer.
The 599 GTO invite came in 2010, and arrived in Jan 2011.
From there others were added. From 1999 I remained loyal to one dealer.
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