550 Barchetta's: future collectors car?

[big.bryant]

According to autoblog, they are going to build 5 550 GTZ's but they only built 1 575 GTZ

[anunakki]

Originally Posted by big.bryant

This caught my attention... seems to be a bit late but maybe not(?)

opinions?

http://www.autoblog.com/2009/10/29/z...550-gtz-barch/

I think its gorgeous...

[big.bryant]

Originally Posted by anunakki

I think its gorgeous...

it looks awesome... i just wish i personally had the ability to spend $1.5M on what amounts to a used car

[andrew911]

Originally Posted by Dr Who

To keep things in perspective, Daytona's originally sold for less than $20,000 when new. Today's even the rattiest Daytona goes for over $200,000, which is a factor of 10. I forget, but let's assume that an F40 sold for $400,000 new. To match the Daytona, it will need to sell for more than $4,000,000 to achieve the same collector car status.

Dale

With the inflation effect, $20,000 in the late 1960's/early 1970's is probably about $200,000 in 2009 dollars. Guess what- in the next 40 years with the deficits we're running, it's not as much as a stetch that an F40 will be worth $4,000,000 in 2050 dollars! Merely keeping up with inflation (but not really when factoring in the storage/ownership/maintenance expenses....) At the end of the day, cars should only be bought to be driven. There are a few that go up a lot, but many many more that do not. Don't get me wrong- I still like talking cars/values/whatever in threads like this as I'm a car nut

[tazandjan]

Aaron- That is why I said 575 GTZ. The point being the article says there was only one 575 GTZ. There were at least five, which chapped off the Japanese collector who commissioned the original.

http://www.ferrarichat.com/forum/sho...hlight=575+GTZ

If that bit of information is wrong, not sure how much you can trust the other information.

Taz
Terry Phillips

[Dr Who]

Originally Posted by andrew911

With the inflation effect, $20,000 in the late 1960's/early 1970's is probably about $200,000 in 2009 dollars. Guess what- in the next 40 years with the deficits we're running, it's not as much as a stetch that an F40 will be worth $4,000,000 in 2050 dollars! Merely keeping up with inflation (but not really when factoring in the storage/ownership/maintenance expenses....) At the end of the day, cars should only be bought to be driven. There are a few that go up a lot, but many many more that do not. Don't get me wrong- I still like talking cars/values/whatever in threads like this as I'm a car nut

Actually the factor for 1970 is 5. So, the inflation adjusted 2009 MSRP for a Daytona is $100,000.

The inflation factor for the F40 is about 2. Given an initial MSRP of $400,000, values of F40s have not even keep up with inflation.

Dale

[aaron1199]

Originally Posted by tazandjan

Aaron- That is why I said 575 GTZ. The point being the article says there was only one 575 GTZ. There were at least five, which chapped off the Japanese collector who commissioned the original.

Sorry, I misunderstood your original post My mistake!

[tazandjan]

Aaron- No sweat. All these one-off/limited production Ferraris are sort of an arcane subject. Especially when Marcel Massini has not been tracking them. Hopefully Carbon and Michel will track them.

Taz
Terry Phillips

[andrew911]

Originally Posted by Dr Who

Actually the factor for 1970 is 5. So, the inflation adjusted 2009 MSRP for a Daytona is $100,000.

The inflation factor for the F40 is about 2. Given an initial MSRP of $400,000, values of F40s have not even keep up with inflation.

Dale

The inflation factor you quote may take into account many things such as housing, energy, services, etc. I know it's not perfect, but I use my old road & tracks from the 60's-early 70's as a guide. For instance, a 1971 911 S (top of the line) cost $7,992, and a new 911S would cost more than 10x that. A 1971 911T (bottom of the line) cost $5,455. So for cars (apples to apples) I think the factor for past 40 years is about 10x. Not a perfect science of course....

[big.bryant]

Originally Posted by tazandjan

Aaron- That is why I said 575 GTZ. The point being the article says there was only one 575 GTZ. There were at least five, which chapped off the Japanese collector who commissioned the original.

http://www.ferrarichat.com/forum/sho...hlight=575+GTZ

If that bit of information is wrong, not sure how much you can trust the other information.

Taz
Terry Phillips

Wow! I had thought that only one had ever been built. Thanks for that link... i guess you learn something new everyday lol

--Bryant

[tazandjan]

Bryant- We have serial numbers on four of them and it looks like there were probably six, most with detail differences.

Taz
Terry Phillips

[big.bryant]

Yeah I read through the other threads and was amazed about not having heard about them before. Most sources I've seen mention only the first one that went to the Japanese guy.