Is the Challenge Stradale a good long term investment? | Page 2 | 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. drew138

    drew138 Karting

    Jul 31, 2006
    148
    I think people are thinking too short term. There are a lot of CSs being driven hard. The garage queens will be rewarded in the long run. I'm pretty confident of this one.
     
  2. h2oskier

    h2oskier F1 Veteran

    Oct 1, 2006
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    MJA
  3. Ingpr

    Ingpr F1 Rookie

    Jun 30, 2009
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  4. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
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    Pap
    I hope it doesnt hold its value..............because I want to buy one. :cool::cool:
     
  5. ferrariKP

    ferrariKP F1 Rookie

    Jul 29, 2004
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    V.well said ;)
     
  6. JChoice

    JChoice Formula Junior

    Jan 20, 2004
    582
    Southern California
    Full Name:
    JC
    The car as a cult following, a limited run with less than 400 in the US, has timeless lines, a unique story (first of its kind for a modern Ferrari, brakes from the Enzo, etc.)

    It's just a matter of time before it starts to go back up. In 10+ years, when you factor in all the ones with stories, the ones that got wrecked, modded, high miles, etc. A pristine one in the color that you want with a factory stripe will be a highly prized item.

    I have a beautiful 7500mile TDF Stradale with red/black leather that I love but I wish I had a < 3500 low-mile brochure car to keep forever (Rosso Scud, stripe, red/black Alcantara, no radio, extinguisher).
     
  7. djantlive

    djantlive Formula 3

    Jun 30, 2005
    1,015
    as long as ferrari keeps making these raw versions, the prices of these cars will continue to depreciate and then flatten out. I don't see them appreciating.

    the fact is, 430 scuderia is better than CS. 458 challenge will be yet better than scuderia. then the same thing goes on. after 10 years, someone buying such breed will prefer a newer and faster car. when ferrari stops making these challenge version of their V8 (which is never), then the latest version will appreciate.
     
  8. italiangerman

    italiangerman Karting

    Jul 28, 2009
    80
    very interesting musing, my only point of reference is a 69 z-28 that I have had since 1983 when daughter #1 was born. I figured if i could afford a daughter I could afford the car that i couldnt in high school. It had all the original parts, partially gone thru, and I soon finished up the resto job bringing her back to show room stock. To date $17k in that automobile, and lots of grins and way more thumbs up. I drive it when the weather is good and the memories flood the system. As time fast forwards, M6s and GT3s, etc, and lots of fun, lots of learning how to get all 4 patches workin', and now a stradale is making a nest in my garage. I will respect it for what is-------another freakin' dream come true. Is it a good investment? I think we all know the answer to that question.
     
  9. Stradale Joe

    Stradale Joe Karting

    Jul 26, 2006
    147
    downtown
    Full Name:
    Joe Panache
    amen brother
     
  10. DM18

    DM18 F1 Rookie

    Apr 29, 2005
    4,725
    Hong Kong
    CS is a charismatic car that will always have a following. But I doubt it is investment grade
     
  11. nizam

    nizam Formula 3
    Owner Silver Subscribed

    Jul 9, 2004
    1,563
    San Jose, CA
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    Ni Zam
    But but but ... they are SO MUCH FUN!!! I will publicly say my CS gets lots of track work, and IMO that is where it truly shines. It's balanced, communicative, and that noise! WOW!

    That said, I have a maintenance bill to match the fun, too! I like keeping my cars in top shape (I use them, but I don't use them up). Also, I've been very impressed with its durability and usability.

    I can't imagine just leaving it in the garage to depreciate slower. That just doesn't compute.
     
  12. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
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    Not going to be a good long term investment, but a fun car to drive today.
     
  13. rzundel

    rzundel Formula Junior

    Dec 30, 2006
    531
    Southern California
    Here's what I don't understand when I see comments like this. Car values like anything else are determined by the law of economics. In other words, supply vs. demand. If only 280 or so CS's were delivered to the US market and if everyone agrees that there is "uniqueness" to this car, why wouldn't it be affected by economics 10-15 years down the road? By then, I have to imagine that the number of good CS's will be a small number. For Ferrari collector types, don't you think they would be willing to pay a premium for the car just to have something that most others don't have?

    I'm not suggesting that you shouldn't get full enjoyment of the CS during the interium. Trust me, I will. However, I do believe that the values of these cars will go up over time for the few that choose to manage the miles and overall care of their cars.
     
  14. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
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    Demand will be weak, the 458 is so much a better car. Rarity doesn't mean much on modern cars, 550 Barchetta prices are weak compared to list and that really was a limited edition car. With a V12 no less. History will likely just view these as the last effort special editions before the much better replacement debuted.
     
  15. Hawkeye

    Hawkeye F1 Veteran
    Owner Rossa Subscribed

    Sep 20, 2009
    8,177
    Okay maybe. But is it really worth all the trouble for the return? Wipe it with a cotton diaper everyday, don't drive it (except to the local car show) and open the garage door on occasions with a glass of wine and show a couple of people? It's no way for a car like that to live and for what? With general economic conditions and the quantity of these cars built, I say drive them and enjoy them. Different story if they made 25 of them, but they are numerous and modern in comparison to investment grade cars.
     
  16. Joe Mac

    Joe Mac Formula 3



    Rick, what Hawkeye just said is exactly spot on. Using your quote above, getting full enjoyment means to drive the car and in a somewhat spirited manner. Doing so will not leave you in 20 years with the garage queens that will command any form of appreciation in value. Hence, it is a POOR investment because the return will be neglible if at all.

    So, to the point. They are not a good investment.
     
  17. h2oskier

    h2oskier F1 Veteran

    Oct 1, 2006
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    man this thread saddens me. the guys that are sitting on their cars thinking they will be the next 250gto are just going to be the guys that didn't drive their cars for 20 years.

    NO is still the answer as with almost every car in existence. yes some guys have hit the jackpot with 50k invested 30 years ago into a 25 million gto today. These CS's aren't that car. How many have been raced in important races? We don't have that anymore guys.

    Drive these things. Have fun and for God's sake don't sit around telling your wives these things will skyrocket someday. You will miss out on the important stuff in life. Fun!
     
  18. judge4re

    judge4re F1 World Champ

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    The GTO of this generation is the Audi R8 race car. Won le Mans in 2000, 2001, 2002, 2004 and 2005. Get a used racer if you want appreciation potential.
     
  19. h2oskier

    h2oskier F1 Veteran

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    ok but I can't take my wife to the drive-in with one of those. I also don't see them being worth 400 times their 1 to 2 million dollar price tags of today in 2040.
     
  20. judge4re

    judge4re F1 World Champ

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    My wife has thought of putting one in the living room. And she was sober when she said it. We attempted to buy an EXP Speed 8, but the deal fell through a few years ago.

    If hyper inflation is the solution to the US getting out of debt, 400x may be about right in 30 years...
     
  21. rzundel

    rzundel Formula Junior

    Dec 30, 2006
    531
    Southern California
    #46 rzundel, Oct 10, 2010
    Last edited: Oct 10, 2010
    I regret using the term "investment". A better word would have been "value". Investment implies that I am looking to make money on the car. while that would be nice, what I am really trying to figure out is whether a car like the CS will maintain its "value" better than if I spent the same amount of money today on a used F430 for example. Both great cars but different in nature. Which one will maintain a better value? I get the impression that the CS is a bit more unique due to its limited production. Many of your comments have confirmed that there is something special about the CS.

    I am crossing over from the German performance car world. I have spent a lot of money on cars and have lost a lot of money. I have no regrets. I simply have a love for cars. I have always been curious to note that Ferrari's seem to retain value better than most cars. As I finalize on my selection of model and being new to the Ferrari world, the real genisis of this thread was to seek advise on whether the CS was a good choice for someone looking to spend around $140k for an F-Car? I realize that the CS is now a couple generations old but for me, I still believe is one of the best looking cars on the road. It probably won't get a tremendous amount of drive time but believe me, I will be smiling ear to ear every time I get in the car and even when I don't.
     
  22. h2oskier

    h2oskier F1 Veteran

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    lmao.....you and I are married to the same woman. My pits were next to the 07' R8's throughout a lot of the season and to this day the Audi is deep in her heart and I would be granted a huge Hell Ya if wanted o ne in the garage.

    OP to answer that question yes your CS of today will maintain better value than todays early model 430's. buy one and love it
     
  23. judge4re

    judge4re F1 World Champ

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    My wife would give instant permission if it showed up with a certain wee Scot to teach her how to drive it...
     
  24. Mighty Joe

    Mighty Joe Formula 3

    Sep 3, 2010
    1,127
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    The CS is one of Ferrari's best looking cars ever!
     
  25. Joe Mac

    Joe Mac Formula 3

    Rick, if value is what you're looking for and you aren't planning excessive miles, the CS is your car! Tons of sex appeal, quick enough to keep you guess at every curve, and a rawness that is unprecedented for a road car.

    I was a German car guy until 2003 when I made the switch to Ferrari and the look back hasn't occurred although I have owned porsches since then for daily drivers. Nothing is more exciting and fulfilling than driving the fcar and all your German brethrens can hype the 0-60 speed but you can sit behind the wheel of an awe inspiring Ferrari.

    Go for the CS if you want the weekend driving car of a lifetime!
     

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