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Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 138
Registered: 11-2002
Posted on Monday, January 20, 2003 - 1:09 pm:   

I know Kevin.....no offense taken at all. :-)
Kevin Butler (Challenge)
Junior Member
Username: Challenge

Post Number: 69
Registered: 9-2002
Posted on Monday, January 20, 2003 - 1:02 pm:   

Nebula,
It was all in good humor. Interesting story, though. Thanks and good luck.

Kevin
Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 135
Registered: 11-2002
Posted on Monday, January 20, 2003 - 12:44 pm:   

DES -

Nothing! I've taken about 17 - 21 units per semesters in order to get the first two years done as quickly as possible, and it has left me with very little time to work.

Fortunately, I've got the Montgomery GI bill, which pays me $900/month tax-free. That is what keeps me afloat.

DES (Sickspeed)
Intermediate Member
Username: Sickspeed

Post Number: 1367
Registered: 8-2002
Posted on Monday, January 20, 2003 - 12:42 pm:   

Nebula, that sounds like a fun ride... What are you doing now, as far as employment goes...?
Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 133
Registered: 11-2002
Posted on Monday, January 20, 2003 - 12:34 pm:   

Allright Kevin....here's the scoop (can't resist either)

Sold Fords. Averaged about 14 cars/months. Was age 22-23. The guy that hired me left the store, became a GM at a Nissan store, and asked me to be a closer.

Closed at a Nissan store. Averages about 60-70 shuts a month. Got pissed at the guy that hired me and left. Still age 23.

Spent the next year at misc dealers, looking for the right one. Sold, closed, and did F&I work. Was now 24.

Got hired by a guy named Jr to work fiance at a Kia store. Did very well. Average about 2500 front end on each car. Jr bought a store in Victorville and asked me to go be his GM. I accepted. Did that for about 6 months.

Got bored selling Mainlines, always had loved Ferraris. Went looking for a Ferrari sales gig. Found one at Ogner Porsche Ferrari in Woodland Hills. Thought I was lucky. Turns out the store was a dump, and it was hard to keep good salespeople. The management sucked, the owners sucked, and I soon got a taste for REAL money. All my clients were doctors and lawyers, so I decided go to school. I was almost 25. Quit on Sept 11th, 2001.

1 1/2 years has gone by. I'm about to transfer, to where I don't know.

And BTW, I was a Corporal when i got out! ;)
Ken (Allyn)
Member
Username: Allyn

Post Number: 668
Registered: 10-2001
Posted on Monday, January 20, 2003 - 12:20 pm:   

I hate to say this but American Muscle cars are one of the better car investments now, and I hate the big engine/low RPM thing. These cars are for the drag racing mentality only, yet they continue to appriciate in value. We are indeed a country of 'drag racing mentals'!

For Ferraris, well the 308's can't get much cheaper. I figure $30k will get a pretty good car and you should get $30k for it in 5 years for just the cost of maintainence as long as you don't run it in to the ground. That will cost in the same ballpark as depriciation on a 2003 Lexus or even Honda Accord if your expenses are low.

I think F40's *should* hold their current value or even appriciate as they truly are something special, unlike a Daytona that was a joke at $500k or whatever they peaked at. The F40 is a supercar, the Daytona is not; just a cool GT car.
288's should also be a good investment in that you won't loose your ass on it, but they are hard to find and not cheap when you do.

I would think the old, obscure Ferraris from the 50's should hold their value the best but good luck with the price of admisssion to THAT club.
Mark Moon (Enzomoon)
Junior Member
Username: Enzomoon

Post Number: 54
Registered: 4-2002
Posted on Monday, January 20, 2003 - 9:11 am:   

Omar:
I have the Tubi, Test pipes, K&N filters and Koenig chip. The pre-cats are still in place. Tubi does make a complete stainless steel header but that is about $5k from what I have been told.
The Tubi costs about$4k, the Koenig chip $3k, the Test pipes were about $700 and the K&N about $40. I think the Koenig chip made a very, very big difference. It definitely enriched the fuel mixture and even changed the engine note under full acceleration. It also raises the rev limiter to 7,750 rpm from about 7,100 rpm. The whole package probably gives 500HP. Perhaps someday I will also get the headers. Hope this helps.
Kevin Butler (Challenge)
Junior Member
Username: Challenge

Post Number: 68
Registered: 9-2002
Posted on Monday, January 20, 2003 - 9:06 am:   

Gray-haired exotic dealership owner: "You were what in the military? ...a private?? For 4 years? Holy crap! I've been looking for a GM for months! Where have you been all my life?"

Sorry, Nebula. I couldn't resist....
Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 128
Registered: 11-2002
Posted on Sunday, January 19, 2003 - 10:18 pm:   

Mark Lambert - I appreciate your enthusiasm while trying to debunk my story, but you are a tad bit short sighted.

I'm 26. I've been in college for 1 1/2 years. I decided to go to school after selling Ferraris. Prior to selling cars, I was in the Marine Corps.

In addition to selling Ferraris, I also sold main line cars, served as a sales manager, and as a General Manager.

Again, I appreciate you trying to claim that I am lying, but, SORRY, you are wrong.

Next time, a small amount of TACT might keep you from looking like a total assh*le.

Thanks, and have a great day!
James Glickenhaus (Napolis)
Member
Username: Napolis

Post Number: 360
Registered: 10-2002
Posted on Sunday, January 19, 2003 - 10:08 pm:   

Nebula
I took no offense to anything you said or asked and I hope you took none at my opinions.
I have great respect for anyone who loves and uses ANY car.
It's sad to me that some seem to feel their cancelled check is more important than their car or that being lucky enough to own something makes you a better person.
Best
Omar (Auraraptor)
Member
Username: Auraraptor

Post Number: 254
Registered: 9-2002
Posted on Sunday, January 19, 2003 - 8:23 pm:   

Mark, just for my own information's sake, as the F512M is my favorite car, what mods do you have to it, and what was the cost associated with the particular mod(s)?

Would you recomend a cat bypass system w/ removal of the pre-cats? Or prehaps simple 'hallowing' would be best?

I see from keonig's site that they sell an exhaust/chip package at ~6000 euros, isnt that a little high? What do you think in terms of preformace is the best:

-test pipes with no precats and stock exhaust
-test pipes with precats and stock exhaust
-test pipes with no precats and Keonig exhaust
-test pipes with precats and Keonig exhaust
-test pipes with no precats and Tubi exhaust
-test pipes with precats and Tubi exhaust
-stock cat setup with Keonig exhaust
-stock cat setup with Tubi exhaust

Does a tuner make preformance header for the F512M as well(tubi prehaps?)

Is the F512M relaible? I hear conflicting reports on TR and 512TRs, how does reliablity relate to those models?
Jeff (Jeff_m)
Junior Member
Username: Jeff_m

Post Number: 59
Registered: 9-2002
Posted on Sunday, January 19, 2003 - 8:10 pm:   

Thats more like 300k but still, no bargain.
PSk (Psk)
New member
Username: Psk

Post Number: 37
Registered: 11-2002
Posted on Sunday, January 19, 2003 - 8:09 pm:   

Oops, looks like they are already considered an investment ... missed the boat by maybe 10 years.

Regarding a F512M, as I stated, I would love to drive one to see myself whether the opinion of many regarding the Testarossa is fair or not. To make it clear, I have not driven a F512M or a Testarossa, but simply read magazine articles that gave Ferraris (including the Testarossa) of that period a hard time for being supercar (i.e fast road car) focused instead of track focused. There is a big difference IMO, and yes love to spend a day on a track with a F512M, so I could post an apology :-), if required.

Pete

Mark Moon (Enzomoon)
Junior Member
Username: Enzomoon

Post Number: 53
Registered: 4-2002
Posted on Sunday, January 19, 2003 - 8:08 pm:   

Pete:

With all due respect, I suspect you have never driven a F512M. I have a 355 coupe and track both of my cars. The F512M will destroy the 355 on all but really short tracks. Admittedly, the 512M is heavier and therefore requires a different approach on the track, but it is nevertheless a stellar performer. I have owned all three TR series cars and it is anything but a "tarted up testarossa". I believe if you go to the Ferrari UK site and review results from the Ferrari Pirelli challenge series you will find some photos of Allan Cosby who campaigned an F512M very successfully, often times winning over F50s, 360 challenge cars and of course 355. Actually, it is likely one of the most underrated roadgoing Ferraris in recent memory. I do agree that the Don Johnson connection with the original TR gave it somewhat of a poser image, but don't underestimate what the 512M can do on the track.
Jason Williams (Pristines4)
New member
Username: Pristines4

Post Number: 18
Registered: 12-2002
Posted on Sunday, January 19, 2003 - 7:42 pm:   

What a bargain! And at *only* $500,000!

http://www.carclassic.com/html/BR56.htm

>>Buy an F40 with actual race history (if you can find one ... ), ie. one that had a go at Le Mans, or got pole on one of the other events ... <<
PSk (Psk)
New member
Username: Psk

Post Number: 36
Registered: 11-2002
Posted on Sunday, January 19, 2003 - 7:12 pm:   

Buy an F40 with actual race history (if you can find one ... ), ie. one that had a go at Le Mans, or got pole on one of the other events ...

Race cars with good history will always out sell a road only car ... condition does not matter. That is one of the reasons the 250GTO is worth so much, and why the 288GTO will never reach its mantle.

The 250GTO scored the 288GTO was not allowed to ... and is just a road car. If you do not get this, then you don't get the Ferrari myth as bad as some ... imagine owning the 250GTO that came second at Le Mans (plus many other things), was the top performer at the time, is beautiful, makes all the right sounds ... plus has contributed to the Ferrari sports car racing history. 288GTO does not have 1/8 of that!

Read what James Glickenhaus says about his GT40 and P4 ... that is what collectors and real car nuts pay money for ... history not just the car. Those cars are not just cars but part of those companies heritage making history.

This young persons supercar fasination, is simply because motorracing s*cks nowadays and does not have that drive to the track and win, with spectators mingling in the pits, atmosphere that there used to be. Motorracing now is fill of perfessional racers, but few heros, and same goes for the cars.

The 512M is a tarted up Testarossa ... the F40 is a race car with Enzos input. Real enthusiasts will get real excited about connecting with the old man in many years time IMO.

One last comment ... outside the US, Testarossas are not held in the same reverence ... seen as cars to be seen in, not real drivers cars, made when Ferrari road cars had distanced themselves too far away from the race track IMO. Love to have the chance to try one to see what the truth is :-). Thankfully the 355 & 360 has restored that track focus.

In the end I wish investors would w*nk somewhere else and leave the cars to the enthusiasts that actually realise that the real fun is under the accelerator.

Pete
Mark Moon (Enzomoon)
Junior Member
Username: Enzomoon

Post Number: 52
Registered: 4-2002
Posted on Sunday, January 19, 2003 - 7:05 pm:   

While I own an F512M and would love to think it will someday appreciate in value I don't think it will ever have the same collectible status as the F40. Many consider the F40 superior in many ways to the F50 as it is seems closer to a true race car. Having said that, I have been in an F40 on the track and while it is awesome in every way, for me nothing compares with the sound of a big V12 at full song. In general, I agree that with some notable exceptions most more modern Ferraris will likely not appreciate considerably but I suspect the F40 would be among the most likely to do so.
Jason Williams (Pristines4)
New member
Username: Pristines4

Post Number: 16
Registered: 12-2002
Posted on Sunday, January 19, 2003 - 4:25 pm:   

As much as I LOVE Ferraris, I don't think they are much of an investment, as most people have said. You buy a Ferrari to drive it, and love it, not sit on it and hope for a good turn around.

Why not go for the really rare cars of this generation?

IE: Porsche 959 - less than 20 in the country, and arguably the best Porsche ever made.
Dodge Copperhead Concept (will not go into production) - find the concept car = GREAT investment.
Bugatti EB110 - very few in the USA.
Ford Escort Cosworth - Granted it's not a "real exotic" but there are plenty of people in this country who would love to get their hands on one of these.

There are plenty better investments out there than a Ferrari (again, see first paragraph). Good luck.

Jason-
Omar (Auraraptor)
Member
Username: Auraraptor

Post Number: 252
Registered: 9-2002
Posted on Sunday, January 19, 2003 - 4:17 pm:   

Mark in his defense, I have seen ferrari salesmen in there early 20s, albeit only one.
Mark Lambert (Mlambert890)
New member
Username: Mlambert890

Post Number: 44
Registered: 4-2002
Posted on Sunday, January 19, 2003 - 3:37 pm:   

So let me get this straight... You're a college student who is on the fast track to being a billionaire. You are of the hot new young turk generation that these "old guys" who like 250 GTOs don't understand since you grew up with the F40. Also, pretty soon "guys like you" will "have the money". All of that would seem to indicate that you are around 19-21 years old.

And yet you "used to sell Ferraris" and bumped into an old contact from back in the day who is a real estate mogul?

The internet is almost like a parallel universe sometimes. Everyone seems to have lived/is living 3 lives at once! ;)

No offense intended, btw. I just haven't met that many 16-18 year old Ferrari salesmen!
Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 127
Registered: 11-2002
Posted on Sunday, January 19, 2003 - 1:57 pm:   

James, JRV - I'm not taking offense to anything you guys are saying, and I'm not knocking any of the classic F-cars.

Oh, and JRV, I *was* a Ferrari salesman, and I did manage to sell a few used Ferraris. ;)

Here's the deal, guys. I ran into an old contact of mine from when I used to sell F-cars.

He tells me that he's number 3 on a local Porsche dealer's list for the Carrera GT. He's purchased a number of P-cars from them, including two turbos in the last two years. He says to me: "What is a better long term investment? A Carrera GT or an F-car?"

I say, "If you can get the Carrera GT for sticker and then flip it, you'll make out great right away."

He says: "Well, I was guaranteed a sticker deal, but now the P-car dealer is beginning to think they should charge more for the car."

I say, "Well, let me look around and see what I can find."

He says, "Well, as much as I like the older cars, why not look for an F40 or 288, as those will be the cars everyone is looking for in 10 to 15 years."

I agree, because he and I have talked about this before, and he's a LONG time collector, ethusiast, etc etc.

He's a real estate investor by trade, so in terms of "real" financial gains, he knows he'll take a bath. But he, like me, loves driving the cars, and he wants something he can enjoy once a month for fifteen years and then sell for more than he bought it for.

Does any of this clear anything up? :-)
Omar (Auraraptor)
Junior Member
Username: Auraraptor

Post Number: 250
Registered: 9-2002
Posted on Sunday, January 19, 2003 - 12:55 pm:   

James, I understand what you mean, its so very nice to see you are a driver AND a collector. Too many people in your league simplily 'hoard' cars.
JRV (Jrvall)
Member
Username: Jrvall

Post Number: 629
Registered: 11-2002
Posted on Sunday, January 19, 2003 - 8:48 am:   

>>And for the LAST TIME, I'm not talking about a "get rich quick" scheme. As I've said, I'm talking about a car that I *probably* won't have to sell for less than I paid for it in ten years.<<

Well ..I'll tell ya...the guys that had "investment Ferraris" last time around (and some still do) bought great cars that were beautiful and 'significant' back then, and still are. Most were Race/GT Cars or Extremely Beautiful even by todays standards. Don't remember them trying to count future beans.

And my statements were not directed towards you, unless the shoe fits, are you a used car salesman by chance? Maybe you don't like the fact I don't hold used car salesmen, brokers, con artists, hustlers and shysters in high regard, too bad. Strange you would take offense, read my first post it wasn't a reply to you at all, and it was a general statement...my perception of a shift in mind set, thinking, rehtoric I'm starting to see and hear. So YES a Culture, a Generation about to create or embark on a Self-Fullfilling Prophecy!

And read what James says again...he's trying to give you the 'hot inside tips'. The man knows what he's talkng about. It's much easier (and smarter) to walk the trail already cut than trying to blaze your own.
James Glickenhaus (Napolis)
Member
Username: Napolis

Post Number: 356
Registered: 10-2002
Posted on Sunday, January 19, 2003 - 8:41 am:   

Nebula
There are none of Rembrant's ,Michangelo's, and few of Hopper's, contemporaries around today yet that doesn't seem to have diminished their value...
Omar
The reason I don't have a TR is that for me owing these cars only has meaning if I have the time to use them. For me they they are not nor ever will be investments. One sad day you come to realize William Shakespear was right: Time is the only commodity. You can't kiss all the girls...
Ming Cheng (Onlinesys)
Junior Member
Username: Onlinesys

Post Number: 149
Registered: 5-2002
Posted on Sunday, January 19, 2003 - 8:14 am:   

Nebulaclass -- If you can afford a F40 or 288GTO, buy a 512TR or TR instead and enjoy it. Just invest the left over in any Blue chip company and you could afford many more Ferraris in 20 years.
wm hart (Whart)
Member
Username: Whart

Post Number: 679
Registered: 12-2001
Posted on Sunday, January 19, 2003 - 7:42 am:   

I disagree that the 512M is in the same league, as an "investment," with the F-40. If production quantity were determinative, the 365GTC/4 would be worth more than a Daytona, but its market price is less than half. The F-40 was not a "production" car in any case, and whether or not it retains its cult following, i can't see the 512M being a better long term investment, if there is one to be made in any modern ferrari.
(While i agree with those here who say that none of these cars is a good investment for financial, as opposed to emotional, purposes, say you had bought a Daytona, or earlier ferrari, when new, for then-sticker. Today, that car will still fetch 5x what you paid:-that's probably a good investment only if you enjoyed it, cause i would assume (you number crunchers out there tell me, please) that 20k+$ invested in 1972 or whatever would yield what, today, in today's dollars (even with the nose dive in the financial markets)....
Omar (Auraraptor)
Junior Member
Username: Auraraptor

Post Number: 247
Registered: 9-2002
Posted on Sunday, January 19, 2003 - 1:34 am:   

Nebula,

I am of the same 'era' as you or at least very close to it. If someone gave me the choice of a 288 or a 250....no question it would be the 250. If I could, I would so get a GTO (the real one:-)) and a '58 Testa Rossa.


that said, James Glickenhaus, why no Testa Rossa?
Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 125
Registered: 11-2002
Posted on Sunday, January 19, 2003 - 1:06 am:   

James - I appreciate your enthisiasm for the 250 GTO, but you and I are from different eras, and our tastes are different.

If I had 300k, and I could buy either a 288 GTO or a 250 GTO (assuming the 250 value was at 300), I'd snatch the 288 in a heartbeat. Does that make the 288 any better? Nope....it just means that I prefer it over the 250 GTO. A 250 is worth millions because the people with millions to spend grew up loving the 250 GTO. Ask my generation, and 99 percent of the guys my age would take a 288 over a 250, all things being equal.

And for the LAST TIME, I'm not talking about a "get rich quick" scheme. As I've said, I'm talking about a car that I *probably* won't have to sell for less than I paid for it in ten years.
KCCK (Kenneth)
Member
Username: Kenneth

Post Number: 282
Registered: 10-2002
Posted on Saturday, January 18, 2003 - 10:48 pm:   

I thought normally, owning a Ferrari is a loss-making pasttime. You enjoy the driving experience, and you pay the price for it.

In an ideal world, it would of course be wonderful if you could derive the pleasure whilst making money out of it as well. How nice would that be!

But if that can be the usual way of life, there will be so many people queuing up to buy Ferraris, that you will wonder why there should ever be any second-hand Ferrari available in the market in the first place. :-)

In this real world, most exotic-car owners I know invariably lose out when they sell their cars. Not one, not one, makes a single dollar in profit. In fact, the reverse is the case. Big bucks are lost in the process, all for the joy of owning.

In America, where "the Great American Dream" still exists, it might be just possible for you to realise your goal. But you have to run so much incalculable risks, my friend.

Heed my advice. If your life depends on it, and it is make or break for you, then DON'T.
William H (Countachxx)
Intermediate Member
Username: Countachxx

Post Number: 1773
Registered: 2-2001
Posted on Saturday, January 18, 2003 - 10:33 pm:   

512M is much more rare & the prices are in the gutter. STock market is also in the gutter & has a lot more potential
JRV (Jrvall)
Member
Username: Jrvall

Post Number: 626
Registered: 11-2002
Posted on Saturday, January 18, 2003 - 8:06 pm:   

>>>It has nothing to do with the car itself....it has to do with the people buying them,<<

Agree and 'the spin' they want to buy!

Think of it like this...when rich guys start looking to 'used car salesmen' for Financial Investment Advice...well...we know what happens next, can you say "assume the position".....lol.

BTW...what do you want to hear? Yea, Yea, I think I know a used car salesman or two selling just that, or know where they just might be able to, create, I mean find it for you. What type of 'buzz words & 'catch phrases' would you like with that?

The wounds have healed, memories faded, new Marks have moved/are moving into the game, History is getting ready to Repeat itself.

Of course this all means TR's will be the next "get rich quick in the used car market", I mean Investment Vehicle. All have low miles, just serviced, been in movies and TV programs, owned by Famous Personalities, Kings, Shaws, Hookers,...yada, yada, yada

Bahhhhhh Bahhhhh Bahhhhhh
James Glickenhaus (Napolis)
Member
Username: Napolis

Post Number: 353
Registered: 10-2002
Posted on Saturday, January 18, 2003 - 8:02 pm:   

In any given year only one car will win LeMans and very few cars will ever be as rare and beautiful as a 250 GTO. Use your eyes. Important history and beauty travel through time. Every thing else fades. If you can look at a 250 GTO and think that it will ever be worth less than a 288 GTO than IMHO you should consider another field than collecting ...
Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 123
Registered: 11-2002
Posted on Saturday, January 18, 2003 - 7:23 pm:   

JRV - As much as you may want to think it true, this isn't a "self-fulfilling prophecy."

The facts are the facts: there are thousands of guys my age who grew up drooling over these cars, and their love for the mark has fueled their desire to become financially successful. When guys like me have a few billion stashed away, it's not 250 GTOs or Testa Rossas that we'll buy first. It's 288s and F40s.

Their value will rise based on the demand for the cars and the relatively limited supply in the market.


To think anything else is short-sighted. It's kinda silly to think that a 250 GTO is worth what it's worth or to think that a Daytona Spider is worth it's value because it's a "better car" or from a more "traditional" generation than the current Ferrari classics.

It has nothing to do with the car itself....it has to do with the people buying them, and what they feel is their "dream car."
JRV (Jrvall)
Member
Username: Jrvall

Post Number: 625
Registered: 11-2002
Posted on Saturday, January 18, 2003 - 6:56 pm:   

>>I think if you are considering "future investment value" you are trying to convince yourself of something that is not going to happen.<<

Normaly I would agree, and of course it really doesn't make sense any of the cars produced in any volume would be collectable. However, after thinking about this thread I smell a self fullfilling prophecy in the making.

If there's one thing in the world used car shysters are good at it's uncovering what the market will shell out big bucks for. Now that the guys here with bucks have decided there needs to be a next generation collector car/cars it won't be very long before just such an animal magically appears. With Hype that will suck those collector dollars from one wallet to the next like a giant vacum machine.

Back in the day, I saw even dealers telling rich guys how $300K for a boxer was a really good deal and a savvy move. Now that the pain of Hype & BS has worn off it may just be time to raise another herd of sheep that will gladly be sheered in the not to distant future.

Maybe I can put ethics aside this time around and cash in by selling what the market wants to buy with a story the market wants to hear.

I have a feeling the ground floor is being laid for the next spin on how to get rich in the used car market.
Greg (Greg512tr)
Junior Member
Username: Greg512tr

Post Number: 74
Registered: 2-2002
Posted on Saturday, January 18, 2003 - 6:54 pm:   

Even though only 75 M's are in the US there are 8,000 or so other TR's and 512TR's that look similar which I think will hurt the M's value. Nothing else looks like a F-40 (also the last car Enzo was involved with). My vote is for the f-40.
Jeff (Jeff_m)
Junior Member
Username: Jeff_m

Post Number: 56
Registered: 9-2002
Posted on Saturday, January 18, 2003 - 6:41 pm:   

I think if you are considering "future investment value" you are trying to convince yourself of something that is not going to hapen. Buy the car because it is something you want to drive and hope you wont take a bath on when you sell, but to think you will make money at the end, forget it! Besides, your profile says you are a student, college jobs must pay a hell of a lot more than they used to!!
Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 122
Registered: 11-2002
Posted on Saturday, January 18, 2003 - 5:43 pm:   

Well, it is safe to say that the new "investment" Ferraris will be the 1980 - 1995 Models. In ten years, the people with the money will be my generation, and my generatio grew up and identitifes with the 288s, the F40s, the TRs, etc etc. While the 250's are great in terms of investment today, my generation and all subsequent don't identify the way older generations do.

At the moment, I'm considering either a 288, an F40, or a 512M.
david handa (Davehanda)
Member
Username: Davehanda

Post Number: 443
Registered: 5-2001
Posted on Saturday, January 18, 2003 - 5:37 pm:   

I agree with Dr. Weiner, both cars are a poor investment. Consider that even if the car just sits, you have to securely store it, insure it, and in order to prepare it for sale, have it fully serviced. Then take the risk of trying to find a buyer who will pay more than what you have invested? Good luck...it is just a used car, ultimately. Drive and enjoy, or buy T-bills....
Omar (Auraraptor)
Junior Member
Username: Auraraptor

Post Number: 238
Registered: 9-2002
Posted on Saturday, January 18, 2003 - 5:20 pm:   

Yo Mich,

what about a 250 GTO? wouldn' that be first? ;)
Mitchell L. Davidson (Jussumfastgi)
Member
Username: Jussumfastgi

Post Number: 379
Registered: 4-2002
Posted on Saturday, January 18, 2003 - 5:16 pm:   

Why not a 288 GTO? That HAS to be a better investment as the FIRST Ferrari supercar?
Rob Lay (Rob328gts)
Board Administrator
Username: Rob328gts

Post Number: 3256
Registered: 12-2000
Posted on Saturday, January 18, 2003 - 5:10 pm:   

But the F40 doesn't have many close alternatives, just the rare GTO and F50 if you want to stretch. The M has very very close alternatives in the highly produced Testarossa and 512 TR.
Omar (Auraraptor)
Junior Member
Username: Auraraptor

Post Number: 237
Registered: 9-2002
Posted on Saturday, January 18, 2003 - 5:06 pm:   

Seriously though, 512Ms are rediculously rare cars....and to top it off their market prices are kinda low right now.
martin J weiner,M.D. (Mw360)
Member
Username: Mw360

Post Number: 746
Registered: 5-2001
Posted on Saturday, January 18, 2003 - 5:04 pm:   

Neither are particularly good long term investments imo.
I buy these cars (or cars like them) to enjoy, drive the piss out of them,swoon at them as beautiful sculptures and when I sell them for the next iteration hope they haven't depreciated too much.
Omar (Auraraptor)
Junior Member
Username: Auraraptor

Post Number: 236
Registered: 9-2002
Posted on Saturday, January 18, 2003 - 4:58 pm:   

M...cuz i love TRs!
Rob Lay (Rob328gts)
Board Administrator
Username: Rob328gts

Post Number: 3255
Registered: 12-2000
Posted on Saturday, January 18, 2003 - 4:53 pm:   

F40 by far, I love the M, but it's kinda the ugly step child of daddy TR and grand daddy Testarossa. In the long term the more racing bred Ferraris tend to have better legs. For $325k I would pick 10 other Ferraris before the F40 for investment potential though.
Nebula Class (Nebulaclass)
Junior Member
Username: Nebulaclass

Post Number: 121
Registered: 11-2002
Posted on Saturday, January 18, 2003 - 4:50 pm:   

And when I say investment, I'm not talking about something I can flip in a few years and make a buncof bucks. I'm talking about a car that I could flip in 10 years and clear a few bucks.

So what's better? A 512M or F40? The 512 is definately a rarer car, but it's not one of the cars that a lot of people are aware of.

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