Discussion
I partly agree on the chance of the Pista having a degree of risk to it. Certainly history shows that the Stradale/Scud/16/599GTO etc etc all dipped below list at some stage of their life before going into the stratosphere (and many have settled since as he says). I don’t necessarily see properly limited cars like Speciale Aperta, F12 TDF and presumably the Pista Aperta ever seeing list price again the way that their non-limited brothers could do, but anyone who thinks there is no risk in all this isn’t looking at history.
I do think as time goes on, particularly with the new-normal lower interest rates (whether they’re 0 or close to zero isn’t the point, they’re a LOT lower than old historic norms), cars will remain a decent asset class, and those with Ferrari badges better than others, so I’d be confident with the money in a Pista than, for example, the new GT2RS
I do think as time goes on, particularly with the new-normal lower interest rates (whether they’re 0 or close to zero isn’t the point, they’re a LOT lower than old historic norms), cars will remain a decent asset class, and those with Ferrari badges better than others, so I’d be confident with the money in a Pista than, for example, the new GT2RS
Camlet said:
This only applies to a small handful of cars.
For example the LaF Aperta. Ferrari knows, as do the Aperta's chosen list of customers, the car is a huge thank you. It must have had a paper profit of around 3+ million the moment it was delivered. And why not? The people who were offered an Aperta have not only spent fortunes with Ferrari, and continue to do so, they participate heavily in Ferrari life (the Corse Clienti, Concorso etc). Something Ferrari values considerably.
Regarding everything else, including the Pista, people forget too quickly the market is anything but solid. The 599 GTO (a great car and unlike the Pista an LE) was around 330K new and had lost value in 2011 by about 10%. By the end of 2012 the entire market was moving fast to the upside. The GTO at one point hit 850K for a UK mint car. Now that's nearer to something beginning with 5. But could easily track south.
The Pista will be a giant of a car. And apart from a few brave flippers (there will not be many as flippers are easily spotted and will be immediately black listed by Ferrari) the Pista should hopefully hold its value. But anyone expecting a huge upside will be very disappointed. The Pista reward from Ferrari will not be the money you make, it will be having the opportunity to spec your own car and drive it hard from new.
THISFor example the LaF Aperta. Ferrari knows, as do the Aperta's chosen list of customers, the car is a huge thank you. It must have had a paper profit of around 3+ million the moment it was delivered. And why not? The people who were offered an Aperta have not only spent fortunes with Ferrari, and continue to do so, they participate heavily in Ferrari life (the Corse Clienti, Concorso etc). Something Ferrari values considerably.
Regarding everything else, including the Pista, people forget too quickly the market is anything but solid. The 599 GTO (a great car and unlike the Pista an LE) was around 330K new and had lost value in 2011 by about 10%. By the end of 2012 the entire market was moving fast to the upside. The GTO at one point hit 850K for a UK mint car. Now that's nearer to something beginning with 5. But could easily track south.
The Pista will be a giant of a car. And apart from a few brave flippers (there will not be many as flippers are easily spotted and will be immediately black listed by Ferrari) the Pista should hopefully hold its value. But anyone expecting a huge upside will be very disappointed. The Pista reward from Ferrari will not be the money you make, it will be having the opportunity to spec your own car and drive it hard from new.
bertie said:
WCZ said:
Fiorano lap time declared as 1.21.5
disappointing imo - not much faster than a standard f12 and slower than a tdf
looks fantastic though
Do you know standard 488, 458 special times for context?disappointing imo - not much faster than a standard f12 and slower than a tdf
looks fantastic though
WCZ said:
Fiorano lap time declared as 1.21.5
disappointing imo - not much faster than a standard f12 and slower than a tdf
looks fantastic though
I have always treated Ferrari's declared times as "indicative" only. disappointing imo - not much faster than a standard f12 and slower than a tdf
looks fantastic though
I'm expecting the Pista to be on par with the 720 so the real test will be when Mr Harris or someone similar puts these beauties together
johnnyreggae said:
Believe Autocar suggesting £ 252 000 which presumably means £ 300 000 OTR by the time all the extra carbon and personalisation is added
Given the spec sheet I saw for a new Ferrari recently had 'white paint' being a £15,000 optional extra, I imagine it might be even more.(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for f
king WHITE PAINT. A fool and their money...)PhantomPH said:
Given the spec sheet I saw for a new Ferrari recently had 'white paint' being a £15,000 optional extra, I imagine it might be even more.
(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for fking WHITE PAINT. A fool and their money...)
That'll be triple layer pearl white.....as on my 458....(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for f
king WHITE PAINT. A fool and their money...)PhantomPH said:
Given the spec sheet I saw for a new Ferrari recently had 'white paint' being a £15,000 optional extra, I imagine it might be even more.
(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for fking WHITE PAINT. A fool and their money...)
some of it looks decent and sometimes you get it back through resale (or at least some of it)(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for f
king WHITE PAINT. A fool and their money...)bertie said:
PhantomPH said:
Given the spec sheet I saw for a new Ferrari recently had 'white paint' being a £15,000 optional extra, I imagine it might be even more.
(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for fking WHITE PAINT. A fool and their money...)
That'll be triple layer pearl white.....as on my 458....(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for f
king WHITE PAINT. A fool and their money...)
Not personal - I just cannot comprehend how white paint can cost £15k. It’s utterly staggering to me. Especially as I’m from the generation where white, red, etc was actually the no-cost base colour on a car. It’s not just white paint - it’s any paint job costing £15k over and above the cost of painting the car whatever the standard colour would be.
PhantomPH said:
Sorry dude - called you a fool there. Not personal - I just cannot comprehend how white paint can cost £15k. It’s utterly staggering to me. Especially as I’m from the generation where white, red, etc was actually the no-cost base colour on a car.
It’s not just white paint - it’s any paint job costing £15k over and above the cost of painting the car whatever the standard colour would be.
I struggle with it too, especially given metallic is standard. Not personal - I just cannot comprehend how white paint can cost £15k. It’s utterly staggering to me. Especially as I’m from the generation where white, red, etc was actually the no-cost base colour on a car. It’s not just white paint - it’s any paint job costing £15k over and above the cost of painting the car whatever the standard colour would be.
The explanation you get is that all the special paints are not done on the line at the factory, they are done offsite at Zanassi (who do the race car paint) and they are multi layer paints with a lot of hand flatting between coats.
Tbf £15k is the going rate, MSO on the other hand 
bertie said:
PhantomPH said:
Given the spec sheet I saw for a new Ferrari recently had 'white paint' being a £15,000 optional extra, I imagine it might be even more.
(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for fking WHITE PAINT. A fool and their money...)
That'll be triple layer pearl white.....as on my 458....(For the record, I cannot imagine that at any point in my life - regardless of financial situation - I would ever accept a bill for £15k for f
king WHITE PAINT. A fool and their money...)Gassing Station | Ferrari V8 | Top of Page | What's New | My Stuff