Challenge Stradale thread

Challenge Stradale thread

Author
Discussion

nigelonich

972 posts

158 months

Thursday 21st November 2013
quotequote all
and now this>

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

This must be the most expensive CS of all time to date?

GRBF430F1

4,843 posts

108 months

Thursday 21st November 2013
quotequote all
Good for some but a shame for the majority.

These cars are becoming collectors garage queens for the rich and famous and are beyond the true enthusiast at these levels.

Really sad that such a great car will become extinct on our roads

But don't worry the Lamborghini LP570-4 Performante is there to pick up the baton for true enthusiasts and investors alike

Mario149

7,590 posts

116 months

Thursday 21st November 2013
quotequote all
nigelonich said:
and now this>

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

This must be the most expensive CS of all time to date?
That's got to be a chancer who has it on SOR

Mario149

7,590 posts

116 months

Thursday 21st November 2013
quotequote all
nigelonich said:
and now this>

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

This must be the most expensive CS of all time to date?
For that money I'll take this:

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



And buy this with the change as my everyday practical snotter:
http://www.pistonheads.com/classifieds/used-cars/f...



tongue out

moc

207 posts

147 months

Thursday 21st November 2013
quotequote all
GRBF430F1 said:
But don't worry the Lamborghini LP570-4 Performante is there to pick up the baton for true enthusiasts and investors alike
rofl - Gary I'm sure there's a seat waiting for you in Lambos marketting department
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GRBF430F1

4,843 posts

108 months

Thursday 21st November 2013
quotequote all
moc said:
rofl - Gary I'm sure there's a seat waiting for you in Lambos marketting department
Close but no cigar, I only sit on the top table and I'm totally impartial being a ferrari owner and enthusiast.

Did you not know the LP570-4 Performante is the new CS. Where have you been for the last 2 weeks, Lapland busy wrapping presents ?

moc

207 posts

147 months

Thursday 21st November 2013
quotequote all
GRBF430F1 said:
Did you not know the LP570-4 Performante is the new CS. Where have you been for the last 2 weeks
I hope not for your sake mate, apparently CS price are unsutainable and are going to tank, don't want you getting your fingers burnt too wink

GRBF430F1

4,843 posts

108 months

Thursday 21st November 2013
quotequote all
moc said:
I hope not for your sake mate, apparently CS price are unsutainable and are going to tank, don't want you getting your fingers burnt too wink
If it gets above its £210 k List price I will start to worry but in the meantime I will just drive it

gt500nick

959 posts

76 months

Thursday 21st November 2013
quotequote all
What makes people think the price will collapse? Interested to know what research there is to this and what real evidence there is to support this?

GRBF430F1

4,843 posts

108 months

Thursday 21st November 2013
quotequote all
gt500nick said:
What makes people think the price will collapse? Interested to know what research there is to this and what real evidence there is to support this?
Watch this space. IMHO The car has had a brilliant run of appreciating value that can't be sustained unless all the mental hospitals are shut down overnight yikes

Conversely what makes you think top value hasn't been reached and that the upward trend will continue when LHD versions are available at half the prce on the continent.

The valuations are just out of line with what the car offers but good luck to those lucky enough to own one.

I would certainly be looking for better value for money from my £120k let alone £160k

Mario149

7,590 posts

116 months

Thursday 21st November 2013
quotequote all
GRBF430F1 said:
Watch this space. IMHO The car has had a brilliant run of appreciating value that can't be sustained
This^^. I was umming and aa-ing about CSs this time last year, or maybe a bit earlier, say 14 months ago. Cars that are £160k now were £110k back then, and the slightly higher miles ones were *only* £90k.....see my first post on this thread.....

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

gt500nick

959 posts

76 months

Thursday 21st November 2013
quotequote all
So it's just people's opinions then, No real evidence to support the opinion?

GRBF430F1

4,843 posts

108 months

Thursday 21st November 2013
quotequote all
gt500nick said:
So it's just people's opinions then, No real evidence to support the opinion?
Yes its my humble opinion but if you have invented the crystal ball and can tell the future you should be able to afford a £200k CS. Maybe its you driving the prices up by buying everyone that comes on the market with the proceeds of your psychic powers :-)


moc

207 posts

147 months

Thursday 21st November 2013
quotequote all
gt500nick said:
So it's just people's opinions then, No real evidence to support the opinion?
Don't get mass opinion mixed up with what Gary (GRP430F1) writes, he's just single handedly and unsuccessfully trying to talk prices down.

Everyone seems to be getting blinded by prices and forgetting CS owners have been boring people relentlessly for years on how great these cars are.

What's happening now it just what was always going to happen....

And maybe in 10 years limited edition performantes may do the same :wink: . . . But I doubt it .....

Russell996

493 posts

67 months

Thursday 21st November 2013
quotequote all
gt500nick said:
So it's just people's opinions then, No real evidence to support the opinion?
IMHO there is no reason to suppose prices will crash, but undoubtably they are currently at an all time high and the rise has been extreme in recent months. Prices have risen 70% in 18 months and they are now 25% above list. Having said that, price is driven by demand, so unless the buyers stop coming forward or more cars come to market things are unlikely to change. I would only question the recent speed of the rise not the reason for the rise. I firmly believe that CS prices were below where they deserved to be so some market realignment was always going to happen, it's just the speed that has been surprising.
The thrill of driving any of Ferrari's RAW V8 cars cannot be underestimated so I guess there's the answer, people are prepared to pay for the thrill!

Now Scuds are really looking exceptional value, any bets on the next upward mover on the used market! wink

Edited by Russell996 on Thursday 21st November 22:24

gt500nick

959 posts

76 months

Thursday 21st November 2013
quotequote all
I hoped my last comment would provoke a few remarks in return and it seems it did just that. I shall now go sit with my crystal ball and predict the lotto numbers.

What I was hoping was someone who has all the facts and loves to correct us all would come in and show some figures from other ferrari models price movements 10 years after the model was released.

Mario149

7,590 posts

116 months

Thursday 21st November 2013
quotequote all
gt500nick said:
I hoped my last comment would provoke a few remarks in return and it seems it did just that. I shall now go sit with my crystal ball and predict the lotto numbers.

What I was hoping was someone who has all the facts and loves to correct us all would come in and show some figures from other ferrari models price movements 10 years after the model was released.
Sure no problem, Fcar prices for all mainstream models 10 years after release are on average 30-40% of their original list price (not inflation adjusted) so long as they're post 328 and not a 2+2 AICMFP

smile

TISPKJ

3,322 posts

145 months

Friday 22nd November 2013
quotequote all
Good post russell 996

To me the speed of the rise is the interesting thing, but I guess when there is only ever a handful or so for sale it is an easy Market to move.

Scud will be the next to go, only reason it hasnt so far is the fact the 458 is so good, just need to find another 80k and I'm in :-)

gt500nick

959 posts

76 months

Friday 22nd November 2013
quotequote all
They made more scuderia a to my knowledge and they haven't reached the bittom out price yet I think, £110k is probably the bottom. I would like a scuderia in my garage in a few years perhaps after I sell my cs for twice what I paid for it wink

Russell996

493 posts

67 months

Friday 22nd November 2013
quotequote all
gt500nick said:
They made more scuderia a to my knowledge and they haven't reached the bittom out price yet I think, £110k is probably the bottom. I would like a scuderia in my garage in a few years perhaps after I sell my cs for twice what I paid for it wink
You might be right about prices, time will tell although predicting is pretty tricky and there is a lot of interest in RAW cars at the moment with huge rises in the CS price and introduction of the Speciale. With regard to UK cars sold, numbers as follows.
Sold New
119 UK CS's
165 UK Scud's

Both suffered heavy export losses to Southern Hemisphere and of course a few have been crashed.
Now Left
? CS's left
88 Scuds left