| Author | Message | ||
| Martin (Miami348ts)
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I read about that too. Nothing special if you think about it. They all did that back then. Those were the good old days. They still try from time to time today. Remember Schumacher getting disqualified some 3 years back for not having enough board under the car? The argument about the curb did not last because everybody else was using the same curbs. | ||
| BretM (Bretm)
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Yeah Peter, I want to get an old V12 someday, oh man they're great. Someday... Ferrari's racing career is classy as hell. It was in one of the Forzas I think about the gas tanks of the Cobra teams being stuck with cotton by Ferrari. Naughty boys in red. They always have little things like that about them, I read Forza, Rosso Ferrari, a couple Ferrari books, Road and Track, and Car and Driver so between them you can get a lot of info on Ferraris cheating. That's what racings all about anyway. Even the 355 and 360 challenge teams cheat and that's supposed to be perfectly even. Another good example is when Enzo wouldn't show up to races cause he knew he was gonna lose and didnt want to be embarassed. Note LeMans during the mid 60s, cancelling of the Italian GP cause Ferrari wasn't gonna come, etc. I get a kick out of them. | ||
| '75 308 GT4 (Peter)
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I remember Bret expressing his sentiment about the Ferrari F1 team and its practices. I don't think its true, but it sure does make a funny read. I don't like new cars. Today's society is a "throw-away" one. From toaster ovens, VCR's to ECU's in cars. If it don't work, chuck it. That's what the majority of people think when it comes to cars, after three years, they get rid of it. Its better to recycle an old car and give it life again, besides old cars are cool (in my eyes). As much as I love my GT4, I'm getting seriously tempted by some of the fabulously affordable 2+2 V-12 type Ferraris out there now. So many choices, so little time, space and money.... | ||
| magoo (Magoo)
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Now Bret, We need more clarification then that. Where did you get that and where can we verify it? I hope and I'm sure all Ferrari owners hope that is not true. | ||
| BretM (Bretm)
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They're up to something if services are cheaper. Ferrari never misses a trick. I think it comes down from the racing teams. They're the most notorious team at cheating to ever grace motorsports. Things like stuffing opponents gas tanks with cotton, shorting their electrical systems, etc come to mind...Would this type of team charge less for services? | ||
| martin J weiner,M.D. (Mw360)
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Caribe- "only" $1500 for the 15k service. A bargain!! | ||
| Arnaldo Torres (Caribe)
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Just for curiosity, if you do not have to remove the engine to do a timing belt change on the 360, and you do not have to perform valve adjustments, Are the dealers still charging the $5K to $6K for the major service? If so, what's the catch this time? | ||
| BretM (Bretm)
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Damn kids. I for one dream of an older Ferrari that I could have just to drive on Enzo's birthday. I like the popular ones like the 250GTO and 250LM, but I also really like the 250 "Bread Van", 330 America, the TdFs. There are so many of them. I have a great book called "Ferrari, The Road Cars". It's by the same guy that did "The Ferrari Original V-8" and a couple others. I'm just not ready for an older one, once I get a little room and a house of my own (also a job would help), then I would love to get an older Ferrari. Someday... | ||
| Willis Huang (Willis360)
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An interesting conversation recently with a few young people about Ferraris. It would seem that they have very little interest in the older cars (anything older than the daytona). My brother, who owns a F355F1, echoes the same sentiment. Reasons cited were that performance not up to new car standards, cost too much to maintain, and just don't care for old cars. What's going to happen to the prices of the older Ferraris when the next generation don't demand or covet them? | ||
| martin J weiner,M.D. (Mw360)
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Engine does not have to be removed to change the cam belts on the 360's.Don't know about the other models. | ||
| Frank Parker (Parkerfe)
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The 308 series cost around $20,000.00 when they first came out in the late 1970s. Of course the price did increase over the years.I have had both 12 cylinder(400GT,TR and 330GTC) and V8(328GTS and 348 Spider) Ferraris and I prefer the V12s. In fact, my past V12s were less expensive to mantain except for the TR. That was due to the cam chains on the old Ferrari V12s verses the cam belts on the V8s in part. I guess the new Ferrari V12s have cam belts too, I know the TR did. Does the engine have to be removed on the 550 and 456 to change the cam belts ? In any event, I guess I like the tradition of front engined V12s started by Enzo. Remember his quote when the first mid engine F1 cars came out, " A horse pulls a buggy, it does not push it". Ferrari lost a lot of F1 races before Enzo came around and consented to building a mid-engined car. As far as the 400 series is concerned, I still don't understand why its prices are so flat. The 1977 400 GT five speed I had was a wonderful car. It made all the right sounds and the engine with its six side draft Webers was a work of art. It along with my 1967 330GTC are still two cars I wish I had never sold. | ||
| Michael A. Niles (Man90tr)
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Don't forget the days of 15- 18% inflation in the late Jimmy Carter 70's but prices went up on all things at that time in a big way. F-cars too. | ||
| BretM (Bretm)
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They probably were around that back in 75, by the time 85 rolled around they were pushing somewhere over 70, I think mine was like 72-73 according to the original owner. Still when you factor in inflation, it all works out. But point well taken about how the price hasn't changed number wise. Yeah Martin I totally agree with the 12s, I've drive a couple now and it's so refreshing to go back to my little 8 cylinder. It's so much better balanced of a car (kind of like small block vs big block in American terms) and is soooo much lighter in everything: steering, trans, brakes, clutch (but in the 308 the clutch is real tough, in other 8s it is softer than the 12s). Despite my love of the 8s, everytime I drive a 12 I go home begging for more. Some sort of SM fetish thing here. I need more 12. My next car is gonna be a 12 (I have my eye on a Tr or ideally a 512TR, I still have some time to wait though). Ferrari depreciation is a crazy topic. I think it is based mostly on desireability (looks, performance, and rarity). Not number of cylinders, although 12s do demand higher prices and depreciate slower for the most part probably because they fill that desireability category better. Plus, who doesn't want a Ferrari V12 under the hood. Like take the engine out of the 400 and put it in some cool little sports car, then people would want it. | ||
| Frederick Thomas (Fred)
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I think the 308qvs were around 60k when new. I have a few old magazines and they have the price listed around 60k. Were the 308s maybe 20k in 1975? | ||
| martin J weiner,M.D. (Mw360)
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Switched with my buddy half way thru the Ferrari tour.He drove my 360 ,I his 550.I preferred the 360 and so did he.They are different animals even off the track. The 360 is faster off the mark, the clutch is much lighter,the steering lighter,and the gearshifts (6spd) smoother. The 550 simply feels heavy.One reads about that F 12 cyl sound but the 360 exhaust is great too. As far as prices.It has nothing to do with cylinders but rather demand for a new product.The modena and 360 spiders are the new kids on the block and the demand outstripped supply for 2 yrs.These prices are now correcting in the modena and will take a few yrs before the 360 spiders come out of the ridiculous stratosphere.The 550 has been around a while. | ||
| Doug Meredith (Doug308)
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12 cylinders depreciate less? Uhhhh, what about the 400 series? | ||
| BretM (Bretm)
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Frank I'm confused. A 308 sold for $20K when new? My 85 308qv cost almost $80K new. Plus if you factor in inflation since then, it would cost about $140K now, or right on target with what a new mid engined V-8 Ferrari costs... The Daytona has taken a steady increase in price as you have said, its inflation has stayed significantly ahead of inflation in general. | ||
| tino stramotas (Bboxer)
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I don't think it has much to do with the number of cylinders. A 6 cyl(246), produced in high numbers, sells for almost 8 times what it cost new. As to what is "better looking", we all know it is very a subjective issue. | ||
| Willis Huang (Willis360)
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Perhaps it's the fact that front-engine Ferraris are not perceived by the public as being exotic enough. They are conditioned, since the 80s, that Ferraris are mid-engine cars. Park a gool ol' 308 next to a spanking new 550 and most people will gravitate toward the 308 because they "know" what a Ferrari look like. | ||
| Frank Parker (Parkerfe)
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It is odd that 360s are costing more than 550s on the used car market. However, I'd rather have a 550 than a 360 any day of the week. IMHO in the future the 550s will also depreciate far less than the 360s which are hot right now. Look to the past. The V-8 308s now sell for the $20,000.00 range which is around what they cost new . A 12 cylinder Daytona goes for a minimum of $90,000.00 which is 4 1/2 times what they cost new. Spyders often go for over $300,000.00. With only a few exceptions(365GT4 2+2, 365GTC4 and 400 come to mine)12 cylinder Ferraris always depreciate less that V8s. Plus, the 550 is a much better looking car than the 360 ! | ||
| Martin (Miami348ts)
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348 is $50K + 512TR is $ 80K + 360 is $ 130 - 150K + 550 is $ 150K older $ 180K newer Those are the prices I see all the time. | ||
| BretM (Bretm)
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Very true William, very true. It's the next one I want to get. I'm trying to con my dad into one when I get out of college or something, I'm hoping that flat 12 exhaust note will seduce him or something and he'll get it (and then I can borrow it, all the time). For now though I'll just have to make do with the 308, lol. 308 is still my favorite though. | ||
| William H (Countachxx)
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Kenny, Thats cus the 512TR Rules!!!!!! LOL  | ||
| BretM (Bretm)
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No one will sell a 550 for that price, if they are I'll gladly take one. The 12 cylinder cars will always be worth significantly more than the 8s as they costed more initially and fewer are made. The Ferrari market isn't exaclty blazing hot right now, especially for the more expensive 12 cylinder cars. | ||
| Kenny Herman (Kennyh)
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I was looking on ebay today at the prices of used Ferraris, and it always seems that 550's are equal or less then the price of the 360s. it seems the 360s go for about 120-150 and the 550s for 100-120. Did the 550 not cost over 200k when it came out and the 360, only 160? I don't understand!!! It seems very odd that this is happening, because the 512tr is hugging its 110k price range and the 348 is much less- the 40-50k!!! any explanation for this? -Kenny |