Is the Challenge Stradale a good long term investment? | FerrariChat

Is the Challenge Stradale a good long term investment?

Discussion in '360/430' started by rzundel, Sep 29, 2010.

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  1. rzundel

    rzundel Formula Junior

    Dec 30, 2006
    531
    Southern California
    I am looking to pick up my first Ferrari. I am looking for something that will be a good investment for the future. I really like the CS. I have to believe due to the limited production that this is a good collectors car. What are your thoughts on this?
     
  2. mchas

    mchas F1 Veteran
    Silver Subscribed

    Oct 5, 2004
    6,107
    Los Angeles
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    Mark
    I would never buy a car hoping it will be an "investment." Yea the CS is limited production but they were selling for ~$200k not that many years ago, so not such a great investment there. Buy it to enjoy but don't expect it to pay off long-term, unless you are measuring the dividends in smiles :)
     
  3. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,664
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    Jimmie
    Buy to enjoy - I cannot think of any fuel injected Ferrari for similar money that will be any sort of investment as is so often discussed here

    Most collectors cars exist to be bought & sold NOT driven - you must decide your objective
     
  4. 900ssDuke

    900ssDuke Karting

    Sep 12, 2007
    214
    UK
    I dont think its rare enough. Buy an Enzo / F40 / F50
     
  5. ChalStrad

    ChalStrad Formula 3

    Jan 22, 2004
    2,249
    Lausanne Switzerland
    Full Name:
    Peter Mann
    It is ver hard to guess the future value of a car - even a Ferrari. In the '70s 250 GTOs were "worthless" and unwanted.....

    In '89/'90, an F40 topped £1M to then fall to 200k€....

    In terms of modern Ferraris, a CS is an icon. It was the first of it's kind in a long time and has not been repeated since...there were fewer built than the F40. while many compare the car to the 430 Scuderia, there is little to compare. The CS is a racing car with racing car parts that has been homologated for the road at a time when that was still possible (you could not do it today) and the Scuderia is a mass produced (in Ferrari terms) sportified 430. Albeit a very good car.

    Remember, cars are to be driven. That is where the pleasure lies....

    I have many Ferraris, but the CS is one that always puts a big smile on my face! It is so well balanced, lightweight and then there is the noise!!
     
  6. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
    4,442
    Taxing Jersey
    Its a car meant to be driven not an investment tool ...couple that with high 360

    production numbers DOUBT IT!
     
  7. Scuderia Scappaticci

    Scuderia Scappaticci Formula Junior

    Sep 21, 2006
    360
    Michigan
    Full Name:
    NS
    It is an investment in HAPPINESS!!!!
     
  8. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
    4,442
    Taxing Jersey
    And that's a priceless dividend
     
  9. jet

    jet Formula Junior

    Apr 12, 2004
    837
    Bay Area
    + 1
     
  10. AmoCS

    AmoCS Formula Junior

    Mar 20, 2006
    386
    Full Name:
    Amo

    How does your F40 compare to the CS?
     
  11. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,255
    F40 is a in a different league...u dont feel worthy driving it...CS does a good job of giving u the passion of ferrari and its raw...but its not divine like the f40
     
  12. E60 M5

    E60 M5 Moderator
    Moderator Owner

    Jan 2, 2006
    8,165
    Wash DC area
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    Robert
    IF, and thats a big IF, the prices did go back up, most likely at a minimum profit, however, your minimum profit would be eaten away on maintenance costs.

    They are cars, not investments!! Happy hunting.
     
  13. rzundel

    rzundel Formula Junior

    Dec 30, 2006
    531
    Southern California
    #13 rzundel, Sep 29, 2010
    Last edited: Sep 29, 2010
    Thanks for all the comments. I probably need to clarify my question a bit. I'm not as concerned about will this car be worth more money down the road as much as do you think it is rare/unique enough that 10-15 years down the road the Ferrari enthusists will look at the CS as something unique and special vs just a 15 year old Ferrari. My feeling is that if I opted to buy a standard 360 or F430 today that down the road it would not be much more than that, "standard". I'm new getting into the Ferrari world and I'm not saying this will be the only F car that I will buy. I just want the first to be something special, just like my first wife! :)
     
  14. Oengus

    Oengus F1 World Champ
    Rossa Subscribed Silver Subscribed

    It will definately be more special than a standard 360 or 430
     
  15. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,255
    +1
    totally
     
  16. amslb182

    amslb182 Formula Junior

    Oct 3, 2004
    590
    Ct
    Full Name:
    Andrew LeGrant
    The CS is a great car and more special than a standard Modena. It is still far awar from investment grade, and I would venture a guess to say nowhere near its lowest market price. The next 5 or so years should have an impact as we see the greater production numbers of 360, 430, then 458s affecting the resale values of all these cars. Greater supply equals lower price.

    Yes, I would say the CS will still be considered special 15 years from now but buy it to drive it.
     
  17. FORZA 62

    FORZA 62 Karting

    Aug 22, 2007
    178
    north east
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    Frank S
    well done...
     
  18. stokpro

    stokpro F1 Rookie
    Lifetime Rossa Owner

    Jun 25, 2003
    4,383
    Himalayas
    +1
     
  19. ross

    ross Three Time F1 World Champ
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    Mar 25, 2002
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    #19 ross, Sep 29, 2010
    Last edited by a moderator: Sep 29, 2010
    its my favorite. but it wont hold its value. as others said, it will hold better than anything other than one of the f40's f50's enzo's.

    btw, i like it so much i have often thought about buying another one so that i dont put all the mileage on one.

    oh, and the other thing you need to know is if you break it, it costs a lot of money to fix it.....:)
     
  20. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,162
    Clarksville, Tennessee
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    Terry H Phillips
    RZ- Maybe it is safe to say the limited production models (Barchetta, 360 CS, Superamerica, etc) will depreciate slower than the normal production models. A good investment? No depreciating asset is a good investment. Good car to own? Sure. I would love to have a CS to keep company with my 575M and it will be worth a larger % of what you pay for it than a 360 or 430 for a longer period of time. Plus it is the closest thing to a production race car you can own and drive "normally".

    Taz
    Terry Phillips
     
  21. FORZA 62

    FORZA 62 Karting

    Aug 22, 2007
    178
    north east
    Full Name:
    Frank S
    In all fairness the economy is playing a large role in the stradale's depreciation as well as every other exotic.
    Lot's of people scrambling to keep what they have let alone add on.
    I consider myself very lucky to own one of these amazing automobiles and the fact that the satisfaction level never diminishes leads me to believe the Challenge Stradale will be sought after by many, even more so as time goes on.
    Frank
     
  22. 360Grigiotitanio

    360Grigiotitanio Formula Junior

    May 17, 2004
    436
    Bay Area, California
    Ferrari's are not investments, they are toys for guys that have enough money such that they do not care if the cost every year is high and the value when sold is a fraction of that paid.

    There is no other philosophy to approach them. It is throw away money given for pleasure.

    Very much like buying high priced female company. The experience is great, so enjoy it, but you are not building value you are burning money.
     
  23. rzundel

    rzundel Formula Junior

    Dec 30, 2006
    531
    Southern California
    #23 rzundel, Oct 1, 2010
    Last edited: Oct 1, 2010
    I truely believe that there is a separation between getting enjoyment with the car and asking the question whether the CS will be viewed as a collectable 20-30 years down the road. First, as far as I can tell, most Ferrari owners put very limited miles on their cars so the "enjoyment" has to be more than just "butt in the seat" drive time. So to make the statement to just "drive the car and enjoy it" doesn't really have anything to do with whether the CS has a uniqueness to it that will help maintain a collectable value for it down the road. Let's be honest, the CS is a hell of a lot more car than a 30 year old Ford Shelby Mustang that is fetching top dollar at the auctions these days. What makes them so special? Trust me, when I find the CS I am looking for I will get plenty of enjoyment from it. Just like I have done will all my cars.
     
  24. zippyslug31

    zippyslug31 Formula 3

    Sep 28, 2007
    2,075
    PDX
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    Kevin M.
    Taking out the idea that cars generally are poor investments and strictly on your original question if the CS will be a good car investment, then my heart wants to say YES, but my head/gut unfortunately is leaning towards NO. I think the safer F-car investment would be one of the super cars or the much more small-production-run (less than a couple hundred) classics.
     
  25. Ingenere

    Ingenere F1 Veteran
    Owner Silver Subscribed

    Dec 11, 2001
    6,449
    On the Limit
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    Dino
    They made 1300+ F40s, which is more than world wide CS production. F40s are holding their own.
     

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