the Ferrari market watch thread

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.

 

Neither would I.

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

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

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.

 

Nope, leaving it 6mths in the garage would be better.

 

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.

 

In that case I agree entirely Andrew.

 

Now listen here punk.................SHADDUP!

Well then, that sux ass!

 

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?

 

new credit laws are about to come in.

 

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.

 

.......and the correction when it comes will be a doozy.

 

50% drop?

 

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.

 

IMO honest,the market will hold.

 

No one knows when it will happen.

 

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.

 

interest rates IMO only issue.

 

maybe another 1.5% to go till they max out.

 

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.

 

Sounds like Kew,all the slappers are being pushed out.

 

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?

 

well just have to forgo eating,fuicking and booze,drugs,kids.

 

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.

 

i reckon my homes jumped going on those figures by about 500k in a month.

 

Is that all, mines gone up 7 figures in the last week alone mate, the advantage of living in the Chinese/Indian growth suburb.

 

Plenty around my area,banging on my door to turn my property into a 20 story high rise.