A comment on 360 collectibility and production numbers

I read many opinions concerning the future collectibility of 360s (and other modern Ferraris). Most say it will not happen because of high production numbers (about 18,000 360s I think).

While production numbers of the modern cars is much higher than those of the older Ferraris, they are still realitivly low. Concider the followint:

Chevy made about 70,000 (1953-1962) C1 Corvettes - still very collectible.

Chevy made about 120,000 (1963-1967) C2 Corvettes - strll collectible?

Porsche made about 70,000 356s - very collectible I would say.

So, while 18,000 seems like a lot of Ferraris, it really isn't a lot in the big picture.

Looking at it another way, Ferrari has produced a total of about 100,000 cars. Say, 80,000 remain. That meansd that on average 1 out of 100,000 people own one. That is 0.001% of the population.

Just a counter thought.

 

It's all relative. Possible problem with modern Fcars is will the factory keep making the high tech parts to keep the cars as usable as they were when new? Who knows what will happen in 50 yrs.

 

It's not how many were produced that matters. It's how many that want them vs how many remain in good shape.

If it was just how many were produced, the Amphicar would be selling for $1 million each.
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Good point.

BTW nice picture of you and your family.

 

I think that modern Ferraris wont be collectible , because of electronics...

In 20/30 years will you find electronic parts for a 360 or a 430 ?

 

They will always be VERY collectable. Question is at what price.

 

Well said bdelp! Hmmm... is that really your family?

 

No, that was some people on the lake behind our house during a family wedding in 1961. Here is my family photo taken that day.

I'm the little guy in the lower left.
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Yes, no question.

 

How many are left is much more important than how many were made. Most 356s & Corvettes were driven into the ground, rusted out or otherwise met a bad fate. In any event, they were just used cars for decades. Ferraris have a very high rate of survival. Besides that, the cars you mention only bring big bucks if they have the right options. Most were built with the smallest motors and few if any currently desirable options.

Dave

 

I agree with Dave, those other cars have a pretty wide price range, some go for peanuts. It is impossible to predict what a car will be worth 30 years from now, hell at my age I wont be likely be around to know and if I am, care.