Is it time to buy an Enzo?

A "7" number would be in line.

Season's Greetings to you & yours Ricky.

 

thnx joe...and to urs!

 

Was just told that the original color was not black

 

Interesting.

$800k for a color-changed car with those miles, if in fact thats correct.

 

unpaid bills for advertisements for his film.

 

Just to be CLEAR: #133927 at Steve Harris Imports, Ltd. IS AN ORIGINAL BLACK ENZO with ALL ORIGINAL PAINT.

 

i was given the info by a broker that supposedly knew the car well. do you know if it had major paint work done to the car and why it has been sitting there for a while?

 

any clue as to why joe?

 

This stroker-broker is woefully mis informed. I have known the car since new. The car belongs to a guy who used to work here. Most of the miles were racked up on his commute from Park City to Salt Lake. This car has NEVER had any paintwork. I suppose that it has been sitting a while because some idiots out there are spreading LIES about the car. No serious buyer (or one of their representatives) has even come out to see it.

BRGDS,

Michael Call

 

Is the car on consignment ?

 

YES.

 

Certainly enjoyable miles, what a wonderful "commuter" to blast up and down with.

 

Thanks for clarification Michael.

Just for further clarification, I am not the aformentioned "broker". I foster my reputation for knowing the cars I represent VERY well.

I think this is a great car, priced a bit high for the current real market. My opinion, as someone who buys & sells them.

 

i think $800K is the number on the car, the mileage just kills it unfortunatley., this car would not sit for a minute if had low miles

 

are you sure the door was not in an accident and re painted?

 

What's the least expensive Enzo currently listed?

 

Probably around $1.2. Seems to be a good average asking price these days. In reality - barring any stories - I think the real prices are closer to $1 flat. $900k to $1m or thereabouts seems like a really good deal.

There are always Enzos for sale privately but many of the owners don't seem to be in a rush to sell. I've known of a few that have been sale for years asking $1.3+ and not entertaining offers less than that.

A deal or two at $900k or thereabouts doesn't make a market. There will always be isolated deals here and there with special circumstances or someone who simply doesn't care and anything remotely reasonable will be accepted.

At the end of the day so few of these cars change hands. There are many variables factored into the prices - number of owners, type of owners, use, service history, condition, color, miles, etc. It's not easy to pinpoint a market and make a blanket statement on what these cars are worth. NO ONE has a crystal ball and can predict the future value of an Enzo or what it SHOULD be worth. It's worth will be determined between the seller and future owner.

 

A two owner '03 car with 12,000 miles and no stories just sold in the UK for $900,000. I know at least two guys who tried to buy it but were too late... I think that's the bottom for an Enzo in Europe and there are lots of buyers at that level, regardless of mileage

Cars with 4-5000 miles realistically sell here for $1.0-1.1 million, I think that is the mid-price for decent cars. A nice, accident-free car with 4k on the clock, that had just been repainted at the factory, sold for 1.1 two weeks ago and it was in the Market for 2 months

Really low mileage cars are hard to find at reasonable prices, but I think one can get a 1,000 mile car in the UK for $1.2-1.25 million

 

George: I am aware of the actual sale of that car, which registers yet another sale of a no-stories Enzo in the $900k range.

 

Jeffrey: Respectfully, the reason those cars are for sale for "years" is that they are overpriced. Correctly-priced cars are selling. I know, because I sell some of them. Your point that they have been for sale for years (true), makes my point.

You have to remember that whilst the seller can proclaim: "I wont take a penny under $1.3" as long as he/she likes, the buyer can also proclaim: "I wont pay a penny over $950k". The market for any of these cars is not only in the hands of the seller or someone who owns one. Its in the hands of buyers and specialists too, and what they think is fair value.

Also, asking prices do not make a market, ever. Sales do.

 

It's always interesting, and I'll just say the highest mile Enzo is choice.

Being younger though, it irks me to think this ($) could also be a residence...

 

The 'time' for me personally to buy an Enzo will be when I can afford to not only buy the car but send it to Pinafaniara for a RHD conversion, naturally if this ever happens I'll keep it on the down-low until receiving the converted car then make a 'my rhd enzo' forum post here!

 

Which car was that?
Iirc the black one at HRO went for £650,000 back in November

 

I more or less agree. I missed out on a black one with (rather high mileage) for approx £560,000 last year.... might even be the same car..

 

Not sure where to put this but the Nero Enzo at SHI is listed as "sold."

http://www.ferrarisales.com/view/car/229/