what will

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Discussion

car freak

Original Poster:

45 posts

247 months

Sunday 7th December 2003
quotequote all
which ferrari will be around in 20 years for 30 to 40k

Graham.J

5,420 posts

260 months

Sunday 7th December 2003
quotequote all
Wait 20 years and you'll find out

Hard to say really, for a car to be tax exempt I think it's about 21 or 25 years old which puts one being made now into being a classic.

Now classics can either go two ways, they can either be reasonably cheap to pick up or they will become sought after and be raging expensive.

I reckon you will be looking at a car built in 10 years time, with 10 years depreciation on it, or a car built later with less years depreciation - depends how fast and how much the depreciation is.

Basically, I don't know, you'll have to wait and see.

>> Edited by Graham.J on Sunday 7th December 16:51

elms

1,926 posts

253 months

Sunday 7th December 2003
quotequote all
A late and v.low mileage 355. Im pretty sure that of the 'current' Ferraris that a excellent example will be easily worth that sort of figure in a few years time



>> Edited by elms on Sunday 7th December 19:25

mal

196 posts

247 months

Monday 8th December 2003
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Most production Ferraris level out at 30/40K whatever their original price. Look at all Ferraris since the Boxe and 308GTB and you'll see that they are all settle at that sort of price.

The 355 will drop to that price when the 360 is replaced.

The only ones that are different are the limited editions.

The 4 seaters also seem to be slightly less.

Andrew Richmond

1,480 posts

254 months

Monday 8th December 2003
quotequote all
Good answer Mal. The exception, of course, is your Dino which I presume cost more?

Had a passenger ride in the Maranello owned Dino last year and it was far better than the 328 and 355 IMHO.

mal

196 posts

247 months

Monday 8th December 2003
quotequote all
Andrew Richmond said:
Good answer Mal. The exception, of course, is your Dino which I presume cost more?

Had a passenger ride in the Maranello owned Dino last year and it was far better than the 328 and 355 IMHO.


It did and thats why I said since the 308! The best thing is that it should be as good as putting money in the bank unlike the Maserati I just sold (great car but cost a fortune)

danhay

7,440 posts

257 months

Monday 8th December 2003
quotequote all
I've often wondered what future there is for the Classic Car market? I would have thought each year more cars gain classic status than classics are scrapped?

Also, modern cars are much more complicated, imagine how much it would cost to replace the wiring loom on a 355 or 360 Yet in time the wiring will deteriorate. I've already experienced this problem with my 928, which would now cost far more to put right than it would to replace it with one in better condition.

I think Ferraris will fare better than most because of the exclusivity and the factory backed manufacture of parts for old models...and the fact they're fantastic to drive!

rico

7,916 posts

256 months

Monday 8th December 2003
quotequote all
danhay said:
I've often wondered what future there is for the Classic Car market? I would have thought each year more cars gain classic status than classics are scrapped?


I would think different levels of classic status are more relevant now.

Whereas something like a mint 355 may gain classical status in the future, one could never compare it to a 250. The older more cherished cars will always have the edge over those recently promoted to classic status. All IMOs.

castex

4,936 posts

274 months

Monday 8th December 2003
quotequote all
Numbers made, beauty, performance.
Racing exploits always help, handbuilt cars will be in demand I'm sure.

>> Edited by castex on Monday 8th December 21:05

Andrew Richmond

1,480 posts

254 months

Monday 8th December 2003
quotequote all
Mal, you did...apologies.

If you want to compare costs of running a 3200 then drop me a line. I owned mine for nearly two years and it was no more expensive in total than the SL500 that went before it (SL - greater depreciation but lower running costs).

mal

196 posts

247 months

Tuesday 9th December 2003
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The Maseratis running costs were fine maintenance cost me exactly £1200.00 for two services, but depreciation was massive as I was foolish enough to buy it new after two and a half years I sold it for basically half of its original cost.

Andrew Richmond

1,480 posts

254 months

Tuesday 9th December 2003
quotequote all
I see how you came to your rough numbers Mal. I dropped 40% over 2 years but as I bought a 2 year old car I saved 40% on the new price in the first place.

Cutting to the chase the depreciation of c£15k over the two years was very low and was about half that on buying new and keeping for two years.

Currently waiting for the 03MY coupes' and spyders' to get to one to two years old (02MY not worth buying IMHO).

mal

196 posts

247 months

Wednesday 10th December 2003
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Despite that I am not sorry I bought it, as I loved every minute that I drove it. If I buy one again then it would have to be 2 years old, but why oh why did they change the lights.

Andrew Richmond

1,480 posts

254 months

Wednesday 10th December 2003
quotequote all
The 4200 lights are awful. It was one the main reasons why I did'nt buy one - I even rang Maserati UK to tell them but they did'nt seem to care.

In a copy of 'Trident' magazine a couple of years ago there was a picture of the rear of an early Spyder with the 3200GT lights. I would love to buy that mule car!

danhay

7,440 posts

257 months

Wednesday 10th December 2003
quotequote all
Surely the technology exists to put the lights from the 3200 onto the 4200?

A business opportunity for someone perhaps?

...Or have they changed the metalwork too?

Andrew Richmond

1,480 posts

254 months

Wednesday 10th December 2003
quotequote all
I asked that and it was pointed out to me that a huge amount of the rear bodywork would need to be replaced on both sides.

I can't understand why Maserati did'nt leave the old lights for us here in Europe so that the Americans could enjoy the naff lights they wanted in isolation. Cost Maserati another sale with me!

mal

196 posts

247 months

Thursday 11th December 2003
quotequote all
Andrew Richmond said:
I asked that and it was pointed out to me that a huge amount of the rear bodywork would need to be replaced on both sides.

I can't understand why Maserati did'nt leave the old lights for us here in Europe so that the Americans could enjoy the naff lights they wanted in isolation. Cost Maserati another sale with me!


make that 2 plus a good freind of mine - makes three