Supercar As An Investment
Discussion
andyvdg said:
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.......
Doesn't Camlet also own an F40 and F50? Not sure the TDF invite would have come without those (GTO was probably easier as it was sold during challenging times). buying and running these cars (as well as servicing them at Ferrari, getting restoration work doen etc.) probably helps I wiuld imagine.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.
If ordering a couple of new cars did it nowadays, then many people would be driving TDFs. Some would have probably happily placed an order for a few cars ala FF, California and whatever other car Ferrari wants to push , just to get on the list.
andyvdg said:
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.......
The risk is that when you come to sell the special edition for the huge profit the dealer gets the hump and you lose that magic spot for the next round. Also at this point Ferrari themselves have been known (albeit rarely) to step in and 'blacklist' someone, for example when the first high profile tipo of its kind ends up at a certain independent with a lake.
But of course you can counter this in certain circumstances simply by buying even more of the 'normal' stuff!
Most dealers are fair in that if you put the special cars back through them on SOR you can still make a good margin, but depending on timing this can become a bit cloak and dagger so they themselves don't upset the factory, by selling current production cars over list for example.
First rule of buying/owning these cars has to be passion, because you want to own, drive and enjoy them.
Edited by DarrenKMC on Saturday 31st December 08:21
developer said:
Can you buy a supercar and be guaranteed to make a few quid with a sell on?
If so, what car and how long would you have to keep it?
I realise this is a bit broad, but that's what forums are about.
Just like every other "investment" you need to know the risks involved and a serious research/knowledge/experience needed.If so, what car and how long would you have to keep it?
I realise this is a bit broad, but that's what forums are about.
Yipper said:
Just caught an old 2005 episode of Classic Car Club on Discovery / Quest. The one hosted by Penny Mallory.
She was complaining about the high price of an old Ferrari Dino GT at £40k in 2005... Today, in 2017, such a car would cost £200-500k...
And isn't that what everyone is doing now?!?!She was complaining about the high price of an old Ferrari Dino GT at £40k in 2005... Today, in 2017, such a car would cost £200-500k...
I bought my first Dino for £25,000 which was more than we paid for our house at the time, everyone said I was crazy as it was going to be worth half that in a few months time.
Everyone is an expert at predicting the market at an completely undisclosed point in the future, and its quite embarrassing to read them at it again and again, until they can say "ha! Told you so!"
My prediction is that one day the Sahara will flood. Don't know when, but those who live there without life jackets are fools and caught up in the hype of it always being sunny. (Sarcasm there for the hard of thinking)
Yipper said:
Just caught an old 2005 episode of Classic Car Club on Discovery / Quest. The one hosted by Penny Mallory.
She was complaining about the high price of an old Ferrari Dino GT at £40k in 2005... Today, in 2017, such a car would cost £200-500k...
Fair enough, but I can think of a lot more interesting cars for a lot less money.She was complaining about the high price of an old Ferrari Dino GT at £40k in 2005... Today, in 2017, such a car would cost £200-500k...
developer said:
Can you buy a supercar and be guaranteed to make a few quid with a sell on?
If so, what car and how long would you have to keep it?
I realise this is a bit broad, but that's what forums are about.
The only real guarantee is if you keep it in a bubble with delivery miles for circa 50 years for when the petrol engine is long gone as some of these currently very wealthy 25year olds are into their 70's and looking for something to remember their youth.If so, what car and how long would you have to keep it?
I realise this is a bit broad, but that's what forums are about.
Either that, or get some good bribery material on your local Porsche Sales manager, and get yourself on the list for the next GT3 RS assuming your not on their privileged list already
A good photo of them in a compromising position with a young sales girl should do it
Yipper said:
Just caught an old 2005 episode of Classic Car Club on Discovery / Quest. The one hosted by Penny Mallory.
She was complaining about the high price of an old Ferrari Dino GT at £40k in 2005... Today, in 2017, such a car would cost £200-500k...
I remember when they were £200 - 500K (probably a few weeks ago) now you only get £1 change out of a million it seems http://www.s-s-c.co.uk/ferrari-dino-in-yorkshire-6...She was complaining about the high price of an old Ferrari Dino GT at £40k in 2005... Today, in 2017, such a car would cost £200-500k...
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