La Ferrari for sale

Wait for the first delivery in eastern countries in Europe, then you will have 5 samples available from dealers/official dealers at a "normal" price, as usual, this was the case for Enzos, 599 gto, F12....

 

Would you buy gold if it drops below 1000 ?

 

Thanks for your outllook

 

Fascinating!
Is a hard rain going to fall everywhere Napolis or just "the West?"

A recent trip to the Far East showed me, in stark terms, the huge number of people in emerging/emergent economies like Vietnam, Indonesia, Malaysia for whom €1.2M + TAX for the LaF is petty cash... A quick trip to Chinese Monaco (sorry, I meant Singapore!) will demonstrate that clearly too.

At the same time, I know that a large number of German owners invited to the LaF preview passed on the car... saying it was too much $$$$.... Sooo we're talking two things here:

1. The sales of LaF will do OK - because of the "changed world" we live in and Ferrari will just permit the big boys to buy 2-3 examples of the car... Certainly, from the outside, it will look like the car really IS impossible to purchase... right?

2. This Hard Rain...? With Uncle Ben's printing presses in full swing why should there be a problem even here??

 

Interesting, I was told that everyone who was invited bought the car.

Also, I know several people who weren't invited by Ferrari despite expressing an interested in buying the car, owning 3+ Ferrari's and having adequate funds to purchase, much to their frustration.

 

Does anyone have the information for the dealer? Share please

Thanks
Michael

 

QFT....thanks.

 

Whoever wrote this must be a smart guy: http://www.ferrarichat.com/forum/288gto-f40-f50-enzo-laferrari/384676-f70-laferrari-thread-8.html#post141637134

 

There's a quote somewhere from a Ferrari person that not all of the 700 initial prospects had converted

 

The one thing you will quickly learn on this board is that no one can (or should) trust everything Ferrari says...

 

Exactly. Why turn down so much money and offend potential customers? It doesn't make sense.

I think as long as you have cash in hand, can keep your mouth shut, and are willing to wait until the end of the production run, you can get a new LF.

 

My friend was trying to secure a car and was told he hadn't been given an allocation, he decided he didn't want to fight to be allowed to buy a car. The dealer rang him the day after the car was shown saying he could now have one. He told them no

 

Sorry to derail the thread for a moment, but—Napolis, forgive my lack of financial knowledge, but I always thought the value of gold was supposed to rise when the economy was doing poorly overall. If—as it seems from your posts—you expect the economy to fall into the john again, shouldn't gold go back up?

Now if you'll excuse me, I'm going to go stand in front of the gates at Maranello with a picture of LaFerrari and $2 million in a briefcase and see if they can accommodate me.

 

I think that is correct

 

You want a real cold glass of water in the face? Consider this . . . ask any good real estate investor the three hottest markets in the US. They will name New York, Washington DC and San Francisco. (A few on the east coast may mention Miami instead of SF.)

The prevailing wisdom is that everything in these cities is killing it. Heck in DC recently a piece of development land, upon which an office is being built, just sold for $300 per index SF. What that means is that a building site where one is going to build a building of 100,000 SF just sold for 30,000,000. On top of that, someone is going to build a building that will cost another $400 PSF. The final building will cost $700 PSF.

So, here is the scary little secret that no one wants to face . . . Vacancy rates in DC are way up. They are 10%. Outside the district some submarkets are facing 17% vacancy rates.

Rental rates are in free fall--but nobody will tell you that.

 

That just seems logical to me. The luxury housing market is booming in those cities and has been for years, but there are only so many wealthy and super-wealthy people to fill those apartments and homes. It's a bubble.

 

Did anyone catch the 60 Minutes piece about the ghost towns in China? That was pretty crazy.

China's real estate bubble - 60 Minutes - CBS News

 

Autocar Geneva report March 6 :

Likewise, the £1m LaFerrari has yet to sell out, although marketing boss Nicola Boari says it is likely to be a formality.

“We are in the process of talking to our 700 most exclusive customers, and when that process is over we expect to have sold all 499 cars,” he said.

 

My understanding is that there were more people invited than actual cars being allocated. I know someone who was I voted but is purchasing a P1 instead.