will the CGT go up in value the way Enzo, F40 etc. have? | FerrariChat

will the CGT go up in value the way Enzo, F40 etc. have?

Discussion in 'Porsche' started by ibesuc, Feb 5, 2011.

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  1. ibesuc

    ibesuc Formula Junior

    Jun 16, 2009
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    your opinions
     
  2. kosmo

    kosmo Formula 3

    Oct 19, 2008
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    good question. How many are there 1500? IMO it will very slowly but nothing like the Enzo.
     
  3. GuyIncognito

    GuyIncognito Nine Time F1 World Champ
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    Jun 30, 2007
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    agreed, I think with the number built it will be more like an F40. collectible and valuable, but not a million dollar car.

    unless 500 or so get demolished in accidents, which could happen :eek:
     
  4. Carsonp

    Carsonp Formula 3

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    i hope not :D
     
  5. coledoggy

    coledoggy Formula 3

    Apr 8, 2007
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    Yes, yes. I second that motion.
     
  6. Scuderia980

    Scuderia980 F1 Rookie

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    i third that motion :D i hope its price drops like an anchor into the ocean. one of my fave cars ever.
     
  7. geno berns

    geno berns F1 Rookie

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    It seems that the CGTs are in a holding pattern and not depreciating like many other exotics. I think cars with ultra low miles will always sell at a premium. They are still $100K off their MSRP price on the average. I think in 10-15 years we might see some sort of a move in an up word direction all depending on the kind of hyper cars being built in the near future and their price points. I think the CGT at their current selling prices is a bargain versus some other cars with similar design with 600+ HP.

    Geno
     
  8. TimF40

    TimF40 Formula 3

    Nov 3, 2003
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    When I bought my CGT, it was less than a 16M. The CGT is an incredible car for the money. Given the engineering and it being a carbon fiber car, I still can't believe they're trading for such relatively low prices. It doesn't, however, have the following as f-cars, even with probably only a thousand left in existence given all the totaled cars. Beats me.

    Tim
     
  9. Steveny360

    Steveny360 F1 Veteran

    Sep 5, 2007
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    yes they will.

    how many 959's are left?
     
  10. HH11

    HH11 F1 Rookie
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    +1 on the going up, as to how high is a demand factor. The F40 comparison is a good one. The CGT will probably trade in the 500-700k range in the future. There are about 60% less Enzos and the initial/sticker price was higher. While there will be accidents, I don't know if the car will touch or surpass the 1M mark. I hope it goes to the 100K mark so I can buy one!! Won't ever happen though.

    As a side note, I also don't think that they will drop much less than they are trading at currently. It's just one of those cars.
     
  11. geno berns

    geno berns F1 Rookie

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    #11 geno berns, Feb 6, 2011
    Last edited by a moderator: Sep 7, 2017
    Tim,

    I agree. To design a car like the CGT and than bring it to market for any manufacturer will cost huge $$ now and in the future. Yes a similar car will now in days have 650, 700 or even more horse power, but will it capture the pureness of the CGT's driving experience?
    If you can only have one car, would it be the F40 of the CGT? BTW, the F40 is one of my favorite supercars. Drove one about two years ago and the experience never left my head! It a car in it's own league.

    Geno.


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  12. bbs911

    bbs911 Formula Junior

    May 31, 2007
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    They built 1270 and brought 604 to the U.S. I'll bet that at least 15% of them have been cracked beyond repair.

    I bought mine for significantly less than sticker and certainly think they'll go up in value. I think the car was underappreciated when it was introduced and to a certain degree it still is. But for those fortunate enough to have driven or even riden in one, it's an experience that IMO won't be duplicated again.
     
  13. TimF40

    TimF40 Formula 3

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    #13 TimF40, Feb 7, 2011
    Last edited: Feb 7, 2011
    Hi Geno,

    For me, the F40. No question. The CGT and F40 are polar opposites.

    The CGT is an engineering wonder. Its performance comes from the engineering. It looks and feels the part. It does exactly what it's designed to do. It looks like it was put together by surgeons in a clean room using state of the art techniques and materials. However, this is also its biggest drawback. Its performance is mechanical. For me, it's fast as heck, but doesn't have a lot of passion, or "soul".

    The F40 on the other hand looks like it was put together by drunk monkeys, on a Monday, after a long lunch. But, by gosh, what a car. It has looks, power, presence, feel, and, yes, a mountain full of passion. The selection of parts together as a whole make for an incredible experience. And, that a car can be so good with relatively low standards of assembly is oustounding. That's also a large part of its charm.

    Bottom line: the CGT makes me pucker at it's performance while the F40 makes me giggle like a kid.

    Don't know if the above makes any sense to most people. I guess someone would actually have to drive both cars to understand my ramblings. :)

    Tim
     
  14. NWaterfall

    NWaterfall Formula Junior

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    #14 NWaterfall, Feb 7, 2011
    Last edited: Feb 7, 2011
    Tim, I'm free next week to come compare your cars ;) :D :D :D



    But seriously I believe that a part of what will secure the CGT's iconic status and future value is the motor. Best sounding N/A street car, period! I see the longterm future values of the CGT going nowhere but up..
     
  15. geno berns

    geno berns F1 Rookie

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    Excellent insight, I know where you're coming from! I think the F40 is similar to the the Mclaren F1 in its iconic status that it rightfully earned through the years. You're right about the CGT's more modern engineering and the more synthetic outcome in performance, although it's one of the best "more" modern cars I've driven.
    Aside from the Zonda, I have not encountered other cars that make that Formula 1 sound like the CGT simulates. I wish the F40 sounded more like the F50 or the CGT. Even with the Tubi F40's noise is a bit of a let down (maybe I am a little spoiled with the CGT's exhaust tune), but it makes it up in all of it's other incredible attributes you mention in your write up. It's no wonder the following and the demand the F40 possesses, especially from knowledgeable enthusiasts.

    Geno




     
  16. PhilNotHill

    PhilNotHill Two Time F1 World Champ
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    #16 PhilNotHill, Feb 8, 2011
    Last edited by a moderator: Sep 7, 2017
  17. GuyIncognito

    GuyIncognito Nine Time F1 World Champ
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    the CGT is a tricky car to drive, probably closer to the "hairiness" of an F40 than an Enzo is in a lot of ways.

    unfortunately it has the wrong horsey logo on the front :(
     
  18. jlonmark

    jlonmark F1 Rookie

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    I'm a huge P-car lover and driver. However; no other car has the following/value that Ferrari has. The F40, F50, etc. will always be worth more than a CGT. The Porsche CGT is perhaps one of the greatest "out of the box" track cars the world has ever seen- much better than the F40, F50 and maybe the Enzo (this will be close). If the car was a Ferrari Carrera GT- the price would probably still be in Enzo territory.
     
  19. Scuderia980

    Scuderia980 F1 Rookie

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    I DON'T GIVE A FLYING FRAKK...I WANT ONE, AND I WANT IT NOW!!!

    ok, got that out of my system :D
     
  20. TimF40

    TimF40 Formula 3

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    To the sound of the CGT, I absolutely agree that it's the best sounding street car I've ever heard. When the baffles open going thru a tunnel, I'd swear I was driving an F1 car. I've had and heard a lot of sweet sounding cars, but the CGT is in a class by itself.

    Tim
     
  21. bbs911

    bbs911 Formula Junior

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    You mean like this?

    [ame]http://www.youtube.com/watch?v=HpluARDK4ws[/ame]
     
  22. SrfCity

    SrfCity F1 World Champ

    I think the market for a CGT will get narrower and narrower. It's a hand full plus a $15K clutch or whatever it is isn't for everyone. Not unless you're pretty track savvy I think those who can afford one might choose other options. Right now people who own are hanging on thinking it'll some day be very collectible but I have my doubts.
     
  23. geno berns

    geno berns F1 Rookie

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    #23 geno berns, Feb 9, 2011
    Last edited: Feb 9, 2011
    I disagree. I don't believe any one gets into a CGT with the hopes the car becomes collectible. "The car" and it's incredible driving characteristics is what the one gets out of ownership. It's a handful, but most rear wheel drive 600+hp cars will get you in lots of trouble is you're not paying attention. Yes the clutch is expensive, but not that much more than any other supercar out there. If you're going to be in that class of car you need to have the dow to spend on a $20K clutch. Or buy 911, a 360 or a 430 and call it a day. You'll save a bunch if the car needs a clutch...

    Geno



     
  24. Bullitt44

    Bullitt44 Karting

    Feb 22, 2005
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    CGT is one if the most impressive cars built in the last decade and will be the end of the pure supercar. It will go down as one of the most enjoyable amazing cars and the value will follow. The did make a decent amount, but the good ones will prevail.
     

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