the Ferrari market watch thread | Page 244 | FerrariChat

the Ferrari market watch thread

Discussion in 'Australia' started by ashsimmonds, Oct 21, 2006.

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  1. James-NZ

    James-NZ F1 Veteran

    Jun 26, 2007
    5,822
    Hamilton, NewZealand
    Full Name:
    James
    I don't think that's a lot of miles for this car, maybe if you look in comparison to other Ferrari's then it could be considered a lot of miles but cars that sit are going to be more costly to get right than a car that is used regularly and maintained correctly. This things is the best part of 15 years old and that's an average of 5,000kms per year. Hardly high kms IMO.

    I would have no concerns buying a Ferrari at 150,000 kms so long as the service history shows no differed maintenance and the car stacks up to a good inspection.

    All that being said, I drive my cars, if I wanted garage art I would buy a poster.
     
  2. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Neither would I. :):)

    We dont normally see that many Ferraris for sale here in Aus with speedo's reading that many km. :D:D

    That odometer alone would scare away 99% of potential buyers here in Aus. :p:p

    I wonder if the valves have been done in that paticular car? Would be nice to see some more pics of it. Thats even if it IS a CH. :D:D
     
  3. SPEEDCORE

    SPEEDCORE Four Time F1 World Champ

    Jul 11, 2005
    46,182
    Full Name:
    Toe Knee
    Nope, leaving it 6mths in the garage would be better.


    :rolleyes:
















    :p
     
  4. Birel

    Birel Formula 3

    Sep 12, 2005
    1,953
    Brisbane
    Full Name:
    Andrew Turner
    He has none of the old Challenge parts, so I'd venture to say "nothing special" and better to buy a really good regular 355B for same or less money.
     
  5. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    In that case I agree entirely Andrew.
     
  6. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    #6081 PAP 348, Jan 22, 2010
    Last edited: Jan 22, 2010
    Now listen here punk.................SHADDUP! :D:D

    Well then, that sux ass! :D:D
     
  7. Kelsa

    Kelsa F1 Veteran

    Jul 25, 2005
    5,376
    Adult Toy Land
    Full Name:
    Crazy Chinaman
    the amount of Lambos for sale went from 32 to 49 in a month.

    what's going on? a lot of near new too. the banks tighten up the credit?
     
  8. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    new credit laws are about to come in.
     
  9. Kelsa

    Kelsa F1 Veteran

    Jul 25, 2005
    5,376
    Adult Toy Land
    Full Name:
    Crazy Chinaman
    hmmmm seems like housing marketing still going up tho by quite a lot.

    seems like a lot of cars been sitting in the same dealership for years.
     
  10. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    .......and the correction when it comes will be a doozy.
     
  11. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
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    Arvin Grajau
    50% drop?
     
  12. Kelsa

    Kelsa F1 Veteran

    Jul 25, 2005
    5,376
    Adult Toy Land
    Full Name:
    Crazy Chinaman
    mum is looking at properties in doncaster, some people say they'll drop in 6 month, some say they'll only go up. all bit too confusing.
     
  13. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    IMO honest,the market will hold.
     
  14. SPEEDCORE

    SPEEDCORE Four Time F1 World Champ

    Jul 11, 2005
    46,182
    Full Name:
    Toe Knee
    No one knows when it will happen.
     
  15. Kelsa

    Kelsa F1 Veteran

    Jul 25, 2005
    5,376
    Adult Toy Land
    Full Name:
    Crazy Chinaman
    i really can't see how market will fall in short term, heaps of new immigrants coming in, overseas students similar to my age are mostly P/R converted and now buying places with o/s money, many of them cash strapped.

    they've sold off that Doncaster golf course to a Chinaman, they gunna build god knows how many units/townhouses/appartments there.
     
  16. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    interest rates IMO only issue.
     
  17. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    maybe another 1.5% to go till they max out.
     
  18. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    Yep, in yesterdays paper Burwood biggest groth town on Melbourne. 80% of buyers were Chinese. I better drag out all my books and start brushing up on my Mandarin skills.
     
  19. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    Sounds like Kew,all the slappers are being pushed out.
     
  20. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    You will run into affordability issues, regardless of limited supply and imigration. Average house price touted as being $1 million in a few years. How many people can afford that?
     
  21. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    well just have to forgo eating,fuicking and booze,drugs,kids.
     
  22. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    Yes, so true, I can't comprehend how prices continue to rise the way they are, not sustainable IMO. The average wage is around $50-55k today.

    LOL. You idiot Bobby. :D
     
  23. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    i reckon my homes jumped going on those figures by about 500k in a month.
     
  24. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    Is that all, mines gone up 7 figures in the last week alone mate, the advantage of living in the Chinese/Indian growth suburb. :D
     
  25. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    Plenty around my area,banging on my door to turn my property into a 20 story high rise.
     

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