Challenge Stradale thread
Discussion
GRBF430F1 said:
As I always thought there is a huge disparity between buying and selling prices on CS ( not suggesting £70k ) and dealers are prepared to price them high and let them sit there for ages if necessary until the one person with more money than sense comes along and pays what he thinks is the going price.
I can't see a Ferrari dealer buying one in at £150k and taking the chance though. They must love having a CS - buy low and sell high, lubbly jubbly profit margin
You will enjoy your Lambo buying and selling experience too then, if you think that will be any different. Though you claim that the dealer will buy it back off you for what your paid for it in 6 months. When the Cabrera is launched that will be interesting to see. You did not confirm if that was a written agreement, if so fair enough. I can't see a Ferrari dealer buying one in at £150k and taking the chance though. They must love having a CS - buy low and sell high, lubbly jubbly profit margin
Cannot deny it is a good car, and is certainly fun, but it will go a long way down yet. They made too many editions for it to do anything else. Maybe in 10 years people will search them out.
montpellier said:
Well I was offered £170k for mine yesterday. So you can believe what you want.
Amazing, so what would they price that one up for the magical £200k ?. This bubble has got to burst IMHO but if you don't want to sell I don't suppose it matters whether it is worth £100k or £200k.I don't even think about how much my houses have gone up cus I'm not currently interested in selling any of them. When I come to retire I hope the market is on a high but if I do see a point in the future that won't be sustained I will make a decision. 1 in the hand is worth 2 in the bush and all that, says the man who had Eurodisney shares lol
GRBF430F1 said:
Amazing, so what would they price that one up for the magical £200k ?. This bubble has got to burst IMHO but if you don't want to sell I don't suppose it matters whether it is worth £100k or £200k.
I don't even think about how much my houses have gone up cus I'm not currently interested in selling any of them. When I come to retire I hope the market is on a high but if I do see a point in the future that won't be sustained I will make a decision. 1 in the hand is worth 2 in the bush and all that, says the man who had Eurodisney shares lol
Unfortunately you are seeing the impact of the have and have not's. There is too much real wealth in the world for certain things, art, top cars (no the CS is not one) for any bubble burst. The collector car market is cash driven, things like a CS are peanuts for the people buying them. Personally would never sell to a dealer, why bother, you don't need to. You are talking of people that have the full quote of limited numbers cars, and the CS is probably by far and away the cheapest. RHD coupe also have a market in Asia (they don't like convertibles there) which drives up further such items. Unlike housing , that is fixed, art and cars can be moved easily. Nothing like the old days increases, as people are buying to keep now, years ago even new stuff went up. Buy a new F12 ,458 or FF today and take a battering in 6 months. Different dynamic. The only blot could be a change in taxation on capital gains. I am sure it will come. A 73 Porsche RS is now £500k for example. I asked a few of the newer collectors what they are doing, and basically, it is literally collecting the full set, from 599 GTO, F40, F50, Enzo, Scud, CS, La Ferrari, Dino, Daytona, 308 glass fibre, and then into the mad 50's and 60's stuff. Millions being invested. Explanation, and this is only 2 people, is that it is a hobby, moveable asset, if value increases is tax efficient, but if it all goes wrong, they have some great cars to enjoy, rather than a worthless piece of paper. Also better than a big number sat in a bank account being looked at by "others".I don't even think about how much my houses have gone up cus I'm not currently interested in selling any of them. When I come to retire I hope the market is on a high but if I do see a point in the future that won't be sustained I will make a decision. 1 in the hand is worth 2 in the bush and all that, says the man who had Eurodisney shares lol
who knows what a CS will be worth, it will reach a plateau for a period, probably close to that now, sit for a while, until a fresh demand is created some time in the distance. Flavour of the month and all that.
montpellier said:
You will enjoy your Lambo buying and selling experience too then, if you think that will be any different. Though you claim that the dealer will buy it back off you for what your paid for it in 6 months. When the Cabrera is launched that will be interesting to see. You did not confirm if that was a written agreement, if so fair enough.
Cannot deny it is a good car, and is certainly fun, but it will go a long way down yet. They made too many editions for it to do anything else. Maybe in 10 years people will search them out.
The Gallardo won't be called Cabrera, well at least not in the UK, and the order bank is already incredibly strong according to Lambo dealers who will be lucky to see a "stock" car as such for at least 2 years currently. The spider version is also a further 2 years off so the view on Performante residuals is very good indeed. Cannot deny it is a good car, and is certainly fun, but it will go a long way down yet. They made too many editions for it to do anything else. Maybe in 10 years people will search them out.
I don't buy a car to make money but I do try and limit my losses. From my experience of the standard F430 spider it did very well on residuals when the 458 came out and I see the LP570 PET (being more than just a lightweight limited edition ) performing better in the same circumstances.
It won't appreciate or become a classic in my tenure ( usually 2 years ) but as the last of the Gallardo's I do expect it will, given enough time ( You never know I'm so smitten by it currently I may keep it alongside the F355 ).
If all the CS's get bought up by collectors or command sky high prices I can see enthusiasts turning to Lamborghini Gallardo's, and they don't get better than the Performante. IMHO the latest breed of 458, 991 GT3, & 12C whilst incredibly fast cars don't have a real connection with the driver and lack the FUN.
Fun and excitement is not something the Performante lacks for sure.
Here's hoping for CS's to reach £300k
Edited by GRBF430F1 on Wednesday 4th December 19:20
GRBF430F1 said:
If all the CS's get bought up by collectors or command sky high prices I can see enthusiasts turning to Lamborghini Gallardo's, and they don't get better than the Performante. IMHO the latest breed of 458, 991 GT3, & 12C whilst incredibly fast cars don't have a real connection with the driver and lack the FUN.
Fun and excitement is not something the Performante lacks for sure.
Here's hoping for CS's to reach £300k
Bloody hell, your banging that Gallardo drum hard aintcha? I 100% promise you, the Lambo doesn't scratch the surface of the Stradale driving experience, as much as you love it bud. Fun and excitement is not something the Performante lacks for sure.
Here's hoping for CS's to reach £300k
Edited by GRBF430F1 on Wednesday 4th December 19:20
Just as an aside, Gary Pugh at Rybrook sold me my 430 last week, I'll ask him tomorrow how you were offered a buy back deal and I wasn't......
Edited by hazy on Wednesday 4th December 22:22
hazy said:
I 100% promise you, the Lambo doesn't scratch the surface of the Stradale driving experience,
Hmmmm. I score them about equal.The EVO boys thought the gallardo was the better experience back in car of the year 2003 and that was a fairly old G.
So not as clear cut as you seem to suggest and personal opinion/tastes will always be a big part of this particular shootout IMO.
jackal said:
Hmmmm. I score them about equal.
The EVO boys thought the gallardo was the better experience back in car of the year 2003 and that was a fairly old G.
So not as clear cut as you seem to suggest and personal opinion/tastes will always be a big part of this particular shootout IMO.
???The EVO boys thought the gallardo was the better experience back in car of the year 2003 and that was a fairly old G.
So not as clear cut as you seem to suggest and personal opinion/tastes will always be a big part of this particular shootout IMO.
Straightline speed Lambo
Refinement Lambo
Pose value Lambo
Handling Strad
Braking Strad
Noise Strad
Looks subjective, but Strad far more aggressive
Future value Strad
Comfort Strad (G seats are horrendous, back ache city)
Driving position/vision Strad
Lower Servicing costs Strad
Desirabilty/rarity Strad
GRBF430F1 said:
The Gallardo won't be called Cabrera, well at least not in the UK, and the order bank is already incredibly strong according to Lambo dealers who will be lucky to see a "stock" car as such for at least 2 years currently. The spider version is also a further 2 years off so the view on Performante residuals is very good indeed.
I don't buy a car to make money but I do try and limit my losses. From my experience of the standard F430 spider it did very well on residuals when the 458 came out and I see the LP570 PET (being more than just a lightweight limited edition ) performing better in the same circumstances.
It won't appreciate or become a classic in my tenure ( usually 2 years ) but as the last of the Gallardo's I do expect it will, given enough time ( You never know I'm so smitten by it currently I may keep it alongside the F355 ).
If all the CS's get bought up by collectors or command sky high prices I can see enthusiasts turning to Lamborghini Gallardo's, and they don't get better than the Performante. IMHO the latest breed of 458, 991 GT3, & 12C whilst incredibly fast cars don't have a real connection with the driver and lack the FUN.
Fun and excitement is not something the Performante lacks for sure.
Here's hoping for CS's to reach £300k
I would certainly look at a Squadra Corse in a few years time I don't buy a car to make money but I do try and limit my losses. From my experience of the standard F430 spider it did very well on residuals when the 458 came out and I see the LP570 PET (being more than just a lightweight limited edition ) performing better in the same circumstances.
It won't appreciate or become a classic in my tenure ( usually 2 years ) but as the last of the Gallardo's I do expect it will, given enough time ( You never know I'm so smitten by it currently I may keep it alongside the F355 ).
If all the CS's get bought up by collectors or command sky high prices I can see enthusiasts turning to Lamborghini Gallardo's, and they don't get better than the Performante. IMHO the latest breed of 458, 991 GT3, & 12C whilst incredibly fast cars don't have a real connection with the driver and lack the FUN.
Fun and excitement is not something the Performante lacks for sure.
Here's hoping for CS's to reach £300k
Edited by GRBF430F1 on Wednesday 4th December 19:20
JoyZipper said:
Classic quote from a bull. Only time will tell.
Well I am not in the market or investing like these people. But you will find that is the comment from people in the trade at the top end who were around last time. They know a lot more than me, and it is certainly far different, with trading between countries now very rapid and nothing being financed , cash purchases. Maybe classics are the new money laundering scam. I don't know. 
AmoCS said:
Nice. Manual as well. If onlyAmoCS said:
This dude should move the car into the 360 section, some sucker could end up paying £99K for a car actually worth £50K of anyone else's moneyAmoCS said:
This dude should move the car into the 360 section, some sucker could end up paying £99K for a car actually worth £50K of anyone else's moneyAmoCS said:
This dude should move the car into the 360 section, some sucker could end up paying £99K for a car actually worth £50K of anyone else's moneyAmoCS said:
This dude should move the car into the 360 section, some sucker could end up paying £99K for a car actually worth £50K of anyone else's moneyGassing Station | Ferrari Classics | Top of Page | What's New | My Stuff