Any Singapore Ferrari owners? | Page 402 | FerrariChat

Any Singapore Ferrari owners?

Discussion in 'Asia' started by DouglasNg, Jun 7, 2004.

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?

Should we end it?

  1. Lung will Break

  2. MP will Break

  3. The Singapore Thread will Break...END IT!

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  1. lung7707

    lung7707 F1 World Champ

    Jan 13, 2002
    15,967
    Honolulu, Hawaii
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    Rupert 9.0
    I don't know anyone who has changed the stock tubi on a GS.
    Currently it has the best exhaust note that I have heard. IMO leave it as is. Go GMS the car first.
     
  2. totoseow

    totoseow Formula Junior

    May 7, 2007
    310
    thanks lung...sam from HSM also tells me the same...leave the exhaust. hmmm. i guess i will for the moment. heard the larini on the web....dman nice...more bark than growl....

    the GS gurgles...i m looking for a bit more scream..i guess its hard to do it with that engine in front.
     
  3. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    Des - really enjoyed myself as well. Thanks mucho! Emailed you direct as well.

    Congratulations on the jump. Your rep as a serial car enthusiast is maintained! - :D Look forward to hearing about the new toy.

    Glad to hear Lung. Look forward to hearing it in person.

    Article from today's WSJ. Very true.

     
  4. phil30

    phil30 Formula Junior

    Nov 13, 2003
    785
    Somewhere I belong
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    Phil Tan
    I do not get the cabin resonance on the larini on my 05 as compared to Tubi. Do you get it on your car? This system should be different from the 05 ones.
     
  5. lung7707

    lung7707 F1 World Champ

    Jan 13, 2002
    15,967
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    Slight resonance...but no where near the tubi.
    Haven't really tested the exhuast ... always stuck in jam.
     
  6. phil30

    phil30 Formula Junior

    Nov 13, 2003
    785
    Somewhere I belong
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    Phil Tan
    I can concur that, give him a break. Mike, you got a very young and pretty wife.
     
  7. phil30

    phil30 Formula Junior

    Nov 13, 2003
    785
    Somewhere I belong
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    Phil Tan
    IMO Larini will not be as loud as Tubi, if you want more scream, try the Capristo.
     
  8. phil30

    phil30 Formula Junior

    Nov 13, 2003
    785
    Somewhere I belong
    Full Name:
    Phil Tan
    You have to give me a ride soon and so I can compare the 05 and 06 exhaust.
     
  9. lung7707

    lung7707 F1 World Champ

    Jan 13, 2002
    15,967
    Honolulu, Hawaii
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    Rupert 9.0
    Thats rite... 5ft 6inches, 22yrs old, speaks fluent chinese, long flowing hair and smooth complextion (from what I can see), full Prada outfit. Nice classy lady.
     
  10. lung7707

    lung7707 F1 World Champ

    Jan 13, 2002
    15,967
    Honolulu, Hawaii
    Full Name:
    Rupert 9.0
    Definately! When I back from my trip... or later this pm b4 my flight.
     
  11. phil30

    phil30 Formula Junior

    Nov 13, 2003
    785
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    Phil Tan
    Will you make it to Superleggera launch?
     
  12. SFchallenge

    SFchallenge F1 World Champ

    Jun 28, 2004
    11,945
    Sgp, KL, HK & London
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    Jon Wijaya
    Ghost, I wonder how much truth about resale values. Well, especially here. Look @ the falling body values when we're exporting the 360s etc. while 430 won't be exported anytime soon. One possible nightmare is the value of Gallardo values in overseas=our buyers in future.

    Lung I was reading Car UK & there's a feature of the new Maserati. Looks very very good & the magnificent interior+extended wheel base for the comfort of rear passengers. Seems like a wonderful replacement for a mini family like me! Can't wait to see it & the cabriolet then the sports version.

    Tiong, have you bought the magazine? There's a good write-up about Aston DB7 & 9s. Pass it to you if you like, I haven't got the time to read it.
     
  13. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    I know F430's depreciate here Jon, but in the US you can buy the car, drive it for 5,000 miles, and then flip it for $20K - $30K above market. Spiders were going for $100K above MSRP, and with spring / summer in the air, those premiums should stay put if not increase.

    Reason is nothing more than Econ 101: just too much money in the US, and not enough cars. Burgeoning corporate profits, a rising stock market, hedge fund returns, private equity returns, etc. have all created immense wealth...and boys need their toys!
     
  14. phil30

    phil30 Formula Junior

    Nov 13, 2003
    785
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    Phil Tan
    How does it work? Does the 1st owner purchase the car at MSRP when new?
     
  15. SFchallenge

    SFchallenge F1 World Champ

    Jun 28, 2004
    11,945
    Sgp, KL, HK & London
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    Jon Wijaya
    :D that means S'pore's economy needs to grow MORE! Then we'll have streams of buyers who can't lay their hands on new cars go hunting for used ones from us Yipeee....anyway COE just went up & poised to go up :( Not good news for me when I'm shopping for a cheap family car when COE takes up 20%+ of the value.

    Phil I posted a link on a US buyer on his F430. He couldn't get new so bought a "used" one with 150miles? on it & paid US$260K while RRP is only US$187K. The scam is dealers are getting people buying it new then flip in the used market for way above list price. Ferrari forbids dealers selling above RRP but nobody say you can't sell for 2X that price once it's used....
     
  16. phil30

    phil30 Formula Junior

    Nov 13, 2003
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    It does not make sense, so can we go put a deposit for the F430 replacement and flip it and make 100k each.
     
  17. SFchallenge

    SFchallenge F1 World Champ

    Jun 28, 2004
    11,945
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    Jon Wijaya
    Oh well, as Vik said. First we're in SG, 2nd the waiting list has shorten to some new cars sitting on the floor waiting for buyers. Lastly, it only happens when the dealers choose their "VIP buyers" to work together which you of course qualify. Don't think we can cash in on this till our population hits 6 mill with a min 6% growth annually. Say 1% wants to buy an exotic & you have 600 buyers instantly while Lambo & Ferrari only has a total allocation of 80cars/yr.

    It's the same situation for Hermes Birkin handbags. Ask your women, ladies are queueing up to get a ticket# to get into the queue again for their allocation to buy the S$10,000+ bag. The bag's handmade in the French factory in limited nos. So, some of those who got theirs sell them for higher prices on the grey market to those who can't wait. There are also people who pay their way to jump Qs!

    Same as the Rolex steel Daytona.

    Demand outstrips supply! Gosh, I wish I'm a luxury goods manufacturer!
     
  18. timoc42

    timoc42 Rookie

    Jun 21, 2005
    10
    NYC
    Full Name:
    Tim C
    hi guys,

    just wondering, is there a waiting list to buy a new Ferrari in Singapore?
    usually how long is the wait if a person orders one from HSM?


    anyways, sorry to just barge in on the discussion like this.
    short intro abt myself: I'm actually an indo, grew up in sg (must be tons of us around) and currently in NYC.
    Might be moving back to asia sometime soon...and of course, hope to experience an exotic car soon.
     
  19. Kuching Kurat

    Kuching Kurat Karting

    Sep 14, 2006
    228
    Singapore Lar
    Full Name:
    Lim Buey Tor
    You might like to know that Singapore just signed an extradiction treaty with Indonesia, most indons are moving out. Virgin Islands perhaps?
     
  20. Kuching Kurat

    Kuching Kurat Karting

    Sep 14, 2006
    228
    Singapore Lar
    Full Name:
    Lim Buey Tor
    With good branding, product placement and PR you technically could create a luxury brand.
     
  21. SFchallenge

    SFchallenge F1 World Champ

    Jun 28, 2004
    11,945
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    Jon Wijaya
    Well, not if you know the right people, if you have nothing to hide & lastly a poor bloke like me. They'll gun a few heads for political reasons & when the next government comes in it's all over again.

    Knowing the system & departments....things get lost pretty easily.

    I like what Wiranto once said, "there's no permanent enemy when we have common interest."
     
  22. SFchallenge

    SFchallenge F1 World Champ

    Jun 28, 2004
    11,945
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    Jon Wijaya
    Hi Tim, it's currently about 6months but depends on what you spec. I think almost half of the owners here are Indo related so you'll feel very much a family.
     
  23. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    Jon is right Phil. The US gets about a third of total production, so about 1,900 cars based on 2006 production figures. I don't have the breakdown, but assume 50% F430's, and 25% for each of 612's and 599's. That means about 940 F430's available for sale. That's a pittance compared to the demand from regular customers and the "nouveau riche". Ergo the multi-year wait lists in the US. Which US customers get preference you ask? Regular customers and / or those that have "bought" their way into Ferrari dealerships. How do you "buy" your way onto the list? By buying one or more other cars from a dealership and paying them the inflated premiums they always ask for. Hey, take it up the backside a couple of times and suddenly, you're got "most favored customer" status. Which means you suddenly get access to F430's at list AS LONG AS you return it to the dealer (wink, wink, nod, nod) when you're done with it, so they can share in your profits when they sell it to the next poor sod who wants one immediately and is willing to pay way above sticker. Oh, and don't forget to spec out the options for the next F430 that you can order when you bring your car in to the dealership. Look, there's a little exaggeration in there, but you get the point: the dealers look to build a VERY cosy relationship with customers that have "earned" their way onto the dealership lists, and then it becomes a virtuous cycle.

    In Singapore, there is more balance because supply is more in check with demand. Only recently have a younger generation of spenders starting to buy these sorts of cars...and for now most of that money is going towards Gallardo's, as is case in point by the examples on this board. However, as more young Singaporeans start to spend, and more wealth from outside starts to reside here as is starting to happen, (and Ferrari produces a decent looking car for once), I think similar trends will undoubtedly replicate here. My opinion. Worth less than what you paid for it.

    Best.
     
  24. lung7707

    lung7707 F1 World Champ

    Jan 13, 2002
    15,967
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    Hi Tim,
    Wheresabout in NYC u in? I use to work in NYC. Love the food! Favourite local restaurant there is Penang.

    U moving back to spore or Indonesia?
     
  25. K.D.K

    K.D.K F1 Rookie

    Jan 26, 2007
    3,287
    Destiny
    Full Name:
    Fruit Cake
    NYC taxi no aircon. KDK no like. KDK like Singapore. Singapore taxi nice. MRT nice, got purtty gurls.
     

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