Challenge Stradale hits £200k

Challenge Stradale hits £200k

Author
Discussion

richardmeaks

Original Poster:

26 posts

130 months

Friday 11th April 2014
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From Joe Macari, 2003 red car, 3600 miles

http://www.pistonheads.com/classifieds/used-cars/f...

neil-f

1,647 posts

207 months

Friday 11th April 2014
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Re post!

f1ten

2,161 posts

153 months

Friday 11th April 2014
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nice but not 200k

Juber

569 posts

138 months

Friday 11th April 2014
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Id rather pay a little bit more towards an F12

StuLawton

400 posts

181 months

Friday 11th April 2014
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f1ten said:
nice but not 200k
^this.

WolfyJones

945 posts

132 months

Friday 11th April 2014
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I'm not surprised, can only see prices going up.

DMT84

124 posts

157 months

Friday 11th April 2014
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Juber said:
Id rather pay a little bit more towards an F12
Or an Aventador

ThreesixtyM

258 posts

197 months

Friday 11th April 2014
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WolfyJones said:
I'm not surprised, can only see prices going up.
In 5 years it may seem like a bargain. It shouldn't be compared to the price of current models, it's a totally different market, similar to that of the more traditional 'classics'; all of which have risen considerably. Anyone want to swap their 246 for an F12? .....thought not!

rubystone

11,254 posts

259 months

Saturday 12th April 2014
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ThreesixtyM said:
In 5 years it may seem like a bargain. It shouldn't be compared to the price of current models, it's a totally different market, similar to that of the more traditional 'classics'; all of which have risen considerably. Anyone want to swap their 246 for an F12? .....thought not!
Agreed. But won't the Scuderia and 16M will impact its value? What're they priced at now?

roygarth

2,673 posts

248 months

Saturday 12th April 2014
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rubystone said:
ThreesixtyM said:
In 5 years it may seem like a bargain. It shouldn't be compared to the price of current models, it's a totally different market, similar to that of the more traditional 'classics'; all of which have risen considerably. Anyone want to swap their 246 for an F12? .....thought not!
Agreed. But won't the Scuderia and 16M will impact its value? What're they priced at now?
The 'impact' is in the price now....what will probably happen in future is that the Scud will suddenly jump in price up towards 360CS prices.

jtremlett

1,375 posts

222 months

Saturday 12th April 2014
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montpellier said:
Offered for sale by Charles Hurst Belfast in March 2008 at £115,995 (5761 miles) and by Dick Lovett Swindon in May 2012 at £114,990 (8722 miles).

The thing I don't get it who is prepared to pay the best part of twice as much just to have the steering wheel on the right rather than the left?

Jonathan

rubystone

11,254 posts

259 months

Saturday 12th April 2014
quotequote all
jtremlett said:
ffered for sale by Charles Hurst Belfast in March 2008 at £115,995 (5761 miles) and by Dick Lovett Swindon in May 2012 at £114,990 (8722 miles).

The thing I don't get it who is prepared to pay the best part of twice as much just to have the steering wheel on the right rather than the left?

Jonathan
Only a Brit. Are we seeing the same demand for these cars on the continent as in the UK? Maybe the smart way to buy one is the lhd route?...


ThreesixtyM

258 posts

197 months

Saturday 12th April 2014
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rubystone said:
Agreed. But won't the Scuderia and 16M will impact its value? What're they priced at now?
I'm not sure they are comparable. People buy a CS because they REALLY want a CS (at £200k you'd have to). The 16M is very special, I'm sure demand will outstrip supply for both models in years to come. What is interesting are the price increases we are seeing for only a 10 year old car. Other models have had to wait a lot longer. Who knows what the future holds.

Edited by ThreesixtyM on Saturday 12th April 20:47

ThreesixtyM

258 posts

197 months

Saturday 12th April 2014
quotequote all
rubystone said:
Are we seeing the same demand for these cars on the continent as in the UK? Maybe the smart way to buy one is the lhd route?...
The prices on the continent have also moved upwards. There are far fewer for sale now than last year. I suspect many are coming over here as private imports and are not about to come onto the market any time soon...mine is one, not at any price.


Edited by ThreesixtyM on Saturday 12th April 20:48

jtremlett

1,375 posts

222 months

Saturday 12th April 2014
quotequote all
ThreesixtyM said:
The prices on the continent have also moved upwards. There are far fewer for sale now than last year. I suspect many are coming over here as private imports and are not about to come onto the market any time soon...mine is one, not at any price.


Edited by ThreesixtyM on Saturday 12th April 20:48
There are currently 12 Stradales listed for sale by Ferrari main dealers on the Ferrari website. Here are the prices (with conversion to sterling using the current exchange rate) and the country:

SEK 875,000 41,800 km £79967 Sweden
JPY 13,800,000 15,000 km £81130 Japan
CHF 120,000 48,000 km £81867 Switzerland
CHF 129,000 28,100 km £88007 Switzerland
USD 149,995 16,262 mi £89570 USA
EUR 109,500 39,000 km £90805 Netherlands
JPY 15,980,000 15,200 km £93946 Japan
USD 159,000 12,121 mi £94948 USA
USD 169,999 4,489 mi £101516 USA
CHF 155,000 15,575 km £105745 Switzerland
EUR 129,000 14,000 km £106976 Germany
GBP 199,990 9,188 mi £199990 UK

A small sample but it isn't hard to spot where the anomaly is (even though the list doesn't layout properly when I save it).

Jonathan


richardmeaks

Original Poster:

26 posts

130 months

Saturday 12th April 2014
quotequote all
jtremlett said:
here are currently 12 Stradales listed for sale by Ferrari main dealers on the Ferrari website. Here are the prices (with conversion to sterling using the current exchange rate) and the country:

SEK 875,000 41,800 km £79967 Sweden
JPY 13,800,000 15,000 km £81130 Japan
CHF 120,000 48,000 km £81867 Switzerland
CHF 129,000 28,100 km £88007 Switzerland
USD 149,995 16,262 mi £89570 USA
EUR 109,500 39,000 km £90805 Netherlands
JPY 15,980,000 15,200 km £93946 Japan
USD 159,000 12,121 mi £94948 USA
USD 169,999 4,489 mi £101516 USA
CHF 155,000 15,575 km £105745 Switzerland
EUR 129,000 14,000 km £106976 Germany
GBP 199,990 9,188 mi £199990 UK

A small sample but it isn't hard to spot where the anomaly is (even though the list doesn't layout properly when I save it).

Jonathan
With respect though, totally over simplistic analysis. You forget that VAT at 20% would be payable on most of those cars from outside the EEC and that most of those cars aren't ultra low mileage like the UK car.

Jules360

1,949 posts

202 months

Sunday 13th April 2014
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True but some if these will have local VAT that would not be chargeable on an export. The Swiss cars for example probably include 9% tax.

Cars definitely cheaper on the continent ... I just bout a 20k kms car, 2 owners, red with stripe, FFSH etc for chf 113k. Absolute bargain.

Just need it to arrive in Dubai now......

TISPKJ

3,648 posts

207 months

Sunday 13th April 2014
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If any Swiss car came to the UK it would be liable as said for 20% vat.
It may have had tax paid in swissy but not the EU.
Your right euro cars are still a bargain but yours in the UK would cost about £105k plus the dreaded light saga unless you can find a nice MOT man.
Still very cheap comparitavly.

GSP

1,965 posts

204 months

Sunday 13th April 2014
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richardmeaks said:
With respect though, totally over simplistic analysis. You forget that VAT at 20% would be payable on most of those cars from outside the EEC and that most of those cars aren't ultra low mileage like the UK car.
One of the cars is even lower in mileage, and 4 are around the same when you convert from km to miles.

Vat is a reasonable argument although 20% on £80k is not worth worrying about, as you'd still be saving £100k over the UK car.