| Author |
Message |
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts
Post Number: 1787
Registered: 5-2001
| | Posted on Monday, April 08, 2002 - 1:24 pm: | |
I could not detect any major decline anywhere. The 360 Spiders had to come down but that would have happened anyway. The 355 Spiders were overpriced getting into 9-11 and have adjusted to "normal" prices. The 348s have pretty much stayed the same, sometimes I think the prices have gone up.
What I have seen is that the market for Ferrari has stood still till Christmas. Not much has moved then but since then everybody is going nutz. I have buyers but no cars.
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Scott A. B. Collins (Scott)
New member
Username: Scott
Post Number: 36
Registered: 6-2001
| | Posted on Sunday, April 07, 2002 - 6:58 pm: | |
I think the Ferrari market had taken most of the depreciative hit b/c of other economic factors (such as the decline in the stock market) that had occured before 9/11. There has clearly been continued price decline for most models since 9/11, but to a lesser extent. Two authorized dealers are seeing some rebound in prices since mid-Feb. My thought is that valuations will remain level or decline slightly, until the economy shows more robust recovery, and assuming there are no more major confidence shakers (such as an expansion of middle east hostilities). |
J.R. (308_fan)
New member
Username: 308_fan
Post Number: 6
Registered: 4-2002
| | Posted on Sunday, April 07, 2002 - 5:55 pm: | |
9/11/ 01 |
Patrick Baker (Dokbonz)
New member
Username: Dokbonz
Post Number: 3
Registered: 3-2002
| | Posted on Sunday, April 07, 2002 - 5:02 pm: | |
Can anyone give some insight on the resale trends now and in the future since September 11, 2002. |