| Author | Message | ||
| Robert (Rjklein4470)
Member Username: Rjklein4470 Post Number: 267 Registered: 3-2002 |
If you buy for a dealer you will always pay more, but I am not sure it is ever too much. Buying from a dealer will get you in the food chain, and if you want to be able to order a new Ferrari at MSRP this has signifigant(sp) value in my opinion. I have a Euro car, and I did pay less, but unlike Dave I am not on the list for the 360 replacement car. And I have no established relationship with a dealer. So I feel like I got more car for my money, but on the other hand it will cost me more to get into a new dealer car in the future. If this is you dream car, and you are never going to have another Ferrari, I would buy from a owner. If you get bit by the prancing horse and you would always like to have a ferrari in the barn get in the food chain. | ||
| Ken (Allyn)
Intermediate Member Username: Allyn Post Number: 1031 Registered: 10-2001 |
Ferraris have that 'je ne sais quoi' appeal and limited production is a key. Other marques don't compare. I wish my Europa TC would catch on somehow; there are only a handfull (maybe 100?) left in top running condition in the US and if you can find one for sale, they can be had for the price of a GT4 or Mondial 8. Just goes to show how valuable that little horse (or DINO badge) can be huh. | ||
| Terry Springer (Tspringer)
Member Username: Tspringer Post Number: 637 Registered: 4-2002 |
My '77 308GTB was purchased by a prior owner in 1990 for $76K. HE sold it in 1998 for $32K. The prior owner of my Daytona traded a '66 275GTB even for the car in 1975. He turned down offers in the $450K region during the crazy late 80s. He didnt care, his intentions at the time were never to sell. I think values on limited production cars will increase over time, perhaps slightly ahead of the inflation rate. If thousands were produced however, then they can never bring big dollars. | ||
| Lee Pierce (Leepierce)
Junior Member Username: Leepierce Post Number: 139 Registered: 1-2003 |
Michael: Did you come out ahead after repairs? Even if repairs were $10-15k, that's a good overall price for a 328 a few years ago. Right now, can't you find a good one for around $40k? | ||
| Steve Magnusson (91tr)
Intermediate Member Username: 91tr Post Number: 1929 Registered: 1-2001 |
Jim -- I agree (and was surprised that the 360 MSRP didn't increase more a few years ago as its street price -to- MSRP gap increased). | ||
| Mitchel DeFrancis (4re308)
Member Username: 4re308 Post Number: 945 Registered: 6-2001 |
Tony, I knew a guy who paid $285,000 for a yellow/tan 88 TR! Ouchy! | ||
| James Glickenhaus (Napolis)
Intermediate Member Username: Napolis Post Number: 1853 Registered: 10-2002 |
Steve That's interesting. I think Ferrari was beginning to realize how much people were willing to pay and raised the price. (I realize my 88 was different than a 91) | ||
| Michael C. James (Mjames)
New member Username: Mjames Post Number: 16 Registered: 6-2003 |
During my College years (1990-94), I leafed through DuPont Registry quite often - I saw ads for 308 GT4 Dinos just north of $85,000....one poor sap in Prince Fredrick, Md still thinks his 308 Dino is worth $35K with over 80K on the clock and missing interior pieces. He also has in his shop a 330 GT 2+2 (4 headlight), in cold storage, with 2.5K on the clock. He firmly believes its worth in the neighborhood of $175,000. He still thinks its 1990.....as I'm sure many of the folks with Ferraris for sale today do. When I had my 328, the previous owner of the car had purchased it for $125,000. I bought it for $25,000 after he damaged the front end. It had 15K on the clock when I had it....but that's another story. | ||
| Steve Magnusson (91tr)
Intermediate Member Username: 91tr Post Number: 1928 Registered: 1-2001 |
Jim -- I did mess that up a little (but not much) -- the MSRP was $169K. With the delivery/destination charges and the gas guzzler tax included the bottom line on the window sticker was ~$176K:  | ||
| David Stoeppelwerth (Racerdj)
Member Username: Racerdj Post Number: 309 Registered: 1-2003 |
Tony your question regarded used 308's and Testarossa's but in my case I can tell you I probably paid a little too much for my 360 ($170k 01/2002) but I found the car I really wanted with 293 miles, a 6 speed and Red /Tan. To me that was worth it. The added bonus is that I'm am on the 360 replacement LIST. | ||
| James Glickenhaus (Napolis)
Intermediate Member Username: Napolis Post Number: 1851 Registered: 10-2002 |
Steve Was MSRP that high in 91? In 88 I paid 123K for my new TR. Best | ||
| Mitch Alsup (Mitch_alsup)
Member Username: Mitch_alsup Post Number: 809 Registered: 4-2002 |
"The original buyer of my '91 TR paid $207K ... sold it for $90K in 1998 with ~2K miles" For a new record of $58.50 per mile! | ||
| Steve Magnusson (91tr)
Intermediate Member Username: 91tr Post Number: 1927 Registered: 1-2001 |
The original buyer of my '91 TR paid $207K to get it home ($176K MSRP + some added electronics -- radar & sound). He could have sold it immediately for $250K, so IMO he didn't pay too much -- he just kept it too long  (sold it for $90K in 1998 with ~2K miles). | ||
| James Glickenhaus (Napolis)
Intermediate Member Username: Napolis Post Number: 1850 Registered: 10-2002 |
IMHO anyone who pays up for a production F at any time is making a mistake. With collector cars it's a bit more complex and at the very high end it's always a seller's market. I think with in ten years we will once again see 20 million 250 GTO's. | ||
| Ken (Allyn)
Intermediate Member Username: Allyn Post Number: 1024 Registered: 10-2001 |
A better question is who SOLD a Ferrari in the late 80's and cashed in? | ||
| Lucas Taratus (Karmavore)
Junior Member Username: Karmavore Post Number: 245 Registered: 12-2002 |
"too much" | ||
| Taek-Ho Kwon (Stickanddice)
Intermediate Member Username: Stickanddice Post Number: 1293 Registered: 11-2002 |
 | ||
| Tony Roberts (Tony_roberts)
New member Username: Tony_roberts Post Number: 44 Registered: 6-2003 |
David, I happen to think it was an interesting topic. There are countless threads on this website If you think it is a pointless thread, why do you bother to comment at all. BTW I was trying to point out how Ferrari's have appreciated at different times. Any more questions! | ||
| david handa (Davehanda)
Intermediate Member Username: Davehanda Post Number: 1082 Registered: 5-2001 |
Rambus stock was a "high flyer" back in 2000, did you or anyone you know buy this stock when it was at it's peak? This question is about as pointless... :-) | ||
| david handa (Davehanda)
Intermediate Member Username: Davehanda Post Number: 1081 Registered: 5-2001 |
Tony, I am curious, why do you care? And more importantly, how do you come up with these pointless, questions? And how old are you really? I will cut you a break if you are in high school. Perhaps you are just bored this summer and have no job to occupy your time... | ||
| Tony Roberts (Tony_roberts)
New member Username: Tony_roberts Post Number: 42 Registered: 6-2003 |
In the early 90's, used 308's and Testarossa's were selling at a premium. Did you or anybody you know buy a car at that time? |