CS owners…. at what price point do you sell? | FerrariChat

CS owners…. at what price point do you sell?

Discussion in '360/430' started by marknkidz, May 7, 2014.

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  1. marknkidz

    marknkidz Formula 3
    Silver Subscribed

    Oct 7, 2004
    1,327
    so cal
    Full Name:
    mark
    Just curious…

    as a CS owner myself…. and watching the CS Market thread.

    I know we ALL love our cars to death!! but at what price point would make you think…. Hmmmm time to sell?

    i know some of you will say, you'll be buried in it… just wondering about everyone else!
     
  2. mikeyr

    mikeyr Formula 3

    Jun 17, 2004
    2,154
    Santa Barbara, CA.
    Full Name:
    Mike Rambour
    sell when you are tired of the car...if you have to think about price points are you sure you can afford the car ? I am firmly of the belief that people that think about depreciation can't afford their car. You like the car keep it, you don't anymore sell it.

    I dread the day i have to sell my 360 but it will be because I can't afford it anymore, no other reason and I am not talking about depreciation, I am talking about maintenance, insurance and repairs.
     
  3. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ
    Owner Silver Subscribed

    Nov 29, 2009
    24,545
    Honolulu
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    Kevin
    Oh C'mon Mike.....his car is appreciating. That is a rare thing and not to be overlooked. My last hobby car prior to my F-Car doubled in value and as it rose in value I started to enjoy it less and less....hence selling it for basically a straight across trade into my 360. Each of you lucky guys will need to find a way to process this info. Some should get out and take the cash and a different car that you may have wanted to try, some will hold on and never enjoy the car the way it was designed to be enjoyed, some will just be hard core studs who are keeping that sucker for life and don't need to think about the lost revenue potential. To me it looks like they are going the way of the GT3 RS and out of my league for now.

    I am a sensible dude, I could be quite happy with a sweet 360 Modena and a 100K to fool around with...but that is just me.

    One interesting observation is the awesome planned event for the CS owners to get together that has been cancelled or is about to. The guys who arent able to break away from the machine to enjoy the car for a week or so seem to be the majority.....This is worth taking notice of.
     
  4. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
    19,257
  5. RedTaxi

    RedTaxi F1 Rookie
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    Mar 1, 2012
    3,340
    New Zealand
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    Glen
    I would only sell if there is a car I wanted more, that I could afford.
    This is true for my Modena.
     
  6. Jason Crandall

    Jason Crandall F1 Veteran

    Mar 25, 2004
    6,375
    ATL/CHS/MIA
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    Jason
    I don't care what price it reaches. Nothing made since is worth a damn. Only pre 2004 cars for me.

    Did this topic really need a new thread?
     
  7. Michael B

    Michael B F1 Rookie
    Owner

    Apr 28, 2004
    3,762
    US of A
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    Michael
    I am happy to note Stradale values on the rise (and rightfully so), but to date this does not have me thinking about parting with it. I am not sure that the high value of it would sway me one way or the other. I like it for what it is no matter if it's $150,000 or $300,000 +.
     
  8. supratime

    supratime Formula Junior

    Mar 22, 2006
    597
    one MILLION DOLLARS.
     
  9. Monteman

    Monteman Formula 3
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    Feb 9, 2006
    2,345
    Santa Barbara, CA
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    Monte
    Just helps me rationalize with the wife why I bought it.

    .
     
  10. SCEye

    SCEye F1 Rookie

    Aug 28, 2009
    2,950
    Norcal - Peninsula
    I am going to get in trouble from other CS owners for this but.... if the price of CS ever comes within 10-20K of a 16M, I am going to trade in.
     
  11. Jason Crandall

    Jason Crandall F1 Veteran

    Mar 25, 2004
    6,375
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    It's a pretty legit comparison and I would consider the same if I didn't despise convertibles.

    16M is too "over the top" for Atlanta. It's a "gangsta whip" around here.
     
  12. DM1

    DM1 Formula 3
    Owner Silver Subscribed

    Nov 9, 2006
    1,043
    Southwest
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    DM
    In the long run, the CS has the capability of being a Million dollar car.
     
  13. MaranelloDave

    MaranelloDave Formula 3

    Apr 27, 2010
    2,203
    LA
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    Dave
    Really? I wouldn't say so at all.
     
  14. Jason Crandall

    Jason Crandall F1 Veteran

    Mar 25, 2004
    6,375
    ATL/CHS/MIA
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    What part of town you live in?

    Convertible with "bling" vents and big wheels etc..... You'll get shot driving in a 16M in Buckhead.
     
  15. Beauespirit

    Beauespirit Rookie

    May 4, 2014
    16
    Once you get into the exotic car market, you cannot get out unless your willing to take a big hit. Though the CS is not a bad buy depending on when you bought it. Just gauge your CS to what's been selling on the market and see if your comfortable with that price to sell.
     
  16. Mr.Chairman

    Mr.Chairman F1 Rookie

    Mar 21, 2008
    2,987
    New Jersey
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    Robbie
    #16 Mr.Chairman, May 9, 2014
    Last edited: May 9, 2014
    I think the CS is going to be a very collectible car. It will be in the same league as the 288 GTO, 512TR M etc. it's the first street legal race car since the F40. Now I'm not saying it's gonna be in the F40 range but it won't be too far behind. Time wise. Probably a decade plus or minus a few years. Those that have them hold on to them. It's the greatest car they produced since the F40. The Scuderia 430 will be second fiddle. It's not faster then The 430 Scuderia or 458 but it's raw. It's Ferrari with all the necessary trimmings to satisfy the appetite. CS is king of the modern Ferrari's. The Enzo lovers. Yes. Enzo is in a class with the F40. So I guess I stand corrected. CS greatest modern Ferrari since the F40 and Enzo. F50 is great piece as well but she is ugly. She's the daughter daddy is trying to marry off to anyone under the sun. She's rich but ugly. No sex appeal. Yes you can bang her but you'll be thinking about the F40 and CS in order to blow your load. That sucks. My order:

    1. F40 - a real b*tch thru and thru
    2. Enzo even though it would cost more - high class hooker
    3. CS - young hot piece of ass that is giving you a run for your money.

    Thats my story and I'm sticking to it.

    R
     
  17. ThreeSixtyM

    ThreeSixtyM Karting

    Aug 3, 2009
    111
    UK
    You should live in the UK, it's possible you'd get a 16M for the value of your CS and have a significant amount of cash left over!
     
  18. SCEye

    SCEye F1 Rookie

    Aug 28, 2009
    2,950
    Norcal - Peninsula
    add one more to the list of reasons to move to UK.
     
  19. ThreeSixtyM

    ThreeSixtyM Karting

    Aug 3, 2009
    111
    UK
    ...a low mileage RHD CS has apparently sold privately for over $365,000 in the UK (£215,000). There are a number up at £200,000. The one 16M at 8,000 miles is £175,000.
    Don't be in a rush to move though, the roads are mostly terrible and then there are the speed cameras....!
     
  20. F2003-GA

    F2003-GA F1 World Champ
    Rossa Subscribed

    Nov 2, 2003
    13,380
    Sunbelt
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    Bro
    You sound like Dr Evil from Austin Powers - Lol :)
     
  21. Russell996

    Russell996 Formula 3

    Sep 24, 2010
    2,263
    New Forest UK
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    Russell
    I believe the highest priced sold CS to date was asking £170k, I have seen mention of the £215k car sold privately but this remains hearsay. The last 2 Rosso 16M's both sold quickly at £185k.
     
  22. Russell996

    Russell996 Formula 3

    Sep 24, 2010
    2,263
    New Forest UK
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    Russell
    No it isn't.
     
  23. supratime

    supratime Formula Junior

    Mar 22, 2006
    597
    Haha that's what I was going for!! You're the only one that caught it lol
     
  24. Ingenere

    Ingenere F1 Veteran
    Owner Silver Subscribed

    Dec 11, 2001
    6,453
    On the Limit
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    Dino
    7 figures would definitely make me blink...... at least right now.
     
  25. marknkidz

    marknkidz Formula 3
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    Oct 7, 2004
    1,327
    so cal
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    mark
    Dino thats quite optimistic!!

    personally don't think we will ever see those numbers….

    but… the question was at what $$$ would make ya blink!! and you told us yours.. thanks!!

    for me….. when it gets to the 200K-220k point, it might be time to part ways.. (MIGHT)

    but no guarantees!! LOL
     

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