CS Market

Ferrari of Central Florida just listed this CS today. $259k!! I put a few thousand of those 10k miles on this CS.

Used Ferrari 360 Modena at Ferrari of Central Florida Serving Orlando

 

Wow

 

I am sure the Gooding CS result will influence future pricing by dealers. This one being the first one listed after Scottsdale auction.

 

I know that CS very well. Perfectly spec'd. RS, factory stripe, radio delete, large seats, fire extinguisher, RS calipers. Will be interesting to see what this one fetches considering the Scottsdale Sport & Classic Motorcars CS listed @ $225k sold immediately following the Gooding CS auction.

 

Just google "challenge stradale uk" , there is a website that has been tracking UK CS prices for a while now.

Prices are now up to £210k!

 

The RHD CS' asking price was usually double or more of the LHD ones in the UK..... Could be because less than 200 models were made off the 1288 in total.

 

Yes only 119 UK RHD made.

 

That simply isn't true. Up to 2012/2013 the difference wasnt that significant. Given the same mileage and history RHD have moved ahead in price faster than LHD over the last couple of years. However the gap is closing. Low mileage LHD are now very close to the RHD price point in the UK and prices have moved on considerably in continental Europe. One particular LHD car currently advertised in the UK was available at a main dealer in Germany some months ago for half the current asking price.
I think cars with miles on them in the USA are way too cheap currently, your market is only just waking up...

 

Great to see these cars appreciate. This is only the beginning and the great part is that you don't have to wait 25 years. The Stradale is a special car. It will be considered to be one of the great Ferrari cars. Some bash the Stradale. One even told me they were gonna trade in their Rav 4 for one. Interesting comment. Hmm. what do I know.

R

 

Hmm, I would have preferred if my seats were not the large ones

So once all the Red Stradales get collected by collectors and are basically put under covers collecting dust what will the next best colour be?

 

For many collectors, it's not a matter of not wanting to drive their cars, it's that they often have so many that the driving and miles are spread across multiple cars. Two of my neighbors both have incredible Fcar collections and while they both love to drive, it's not easy for them to rack up mileage. Regardless, their cars are well maintained and properly serviced even if they're only seeing few hundred miles of road time per year.

 

I also feel this is just the beginning. Smart investors already got in or are about to Prices are gonna skyrocket hard imo.. it's not a question of if... But when...

 

Apparently the dude with the salvage title car noticed the prices moving too... He upped his asking price $20K in the last few hours.

Ferrari 360 Stradale | eBay

 

Definitely a valid point in theory, but many a time I don't find this to be the case in practice. For better or worse, I happen to live in what many would consider the car lifestyle capital of the world, Los Angeles. I've also had the fortunate (and sometimes unfortunate) opportunity to meet a lot of wealthy car enthusiasts, many of which have large car collections (10+ cars). Every time I've asked them about specific cars that they have, they've responded with, "yeah I haven't driven that one, because it's not running now" or something to that affect. I've found that unless your Jay Leno and have a staff mechanic(s), these cars just sit (and slowly die...).

My point is cars that have low miles are great museum pieces if that's your thing, but they eventually make bad car purchases when someone tries to enjoy them on the road later on (unless you're buying from a Jay leno type...). I love cars, but I love them for the experience they bring on the open road, not sitting in a large garage or a warehouse waiting to appreciate and/or to show off to my friends.

 

Great post.

 

It is a good post, but painting with too wide of a brush. I have many cars (20) but still drive them all. Some get ten thousand miles a year, some get under one thousand. But every one of them are at nearly 100% at all times. Even vacuumed! Its deeper than just people with large collections. There are people like me (not Leno) that are really all about the cars and do indeed drive, enjoy them & treat them with utmost care.

Perhaps I am one in a million.
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Totally, agree, that's why I said "many a time" as opposed to "always". I actually really appreciate it when I meet an owner such as yourself that keeps some kind of rotation and maintenance schedule to ensure all of his cars are getting their "blood" pumped through them every once in a while.

 

Nice post Michael.

 

If anyone has too many cars poor old me is happy to accept donations.

 

I want the tangerine one!

 

Yes but I've got kids. Lol.

The only Ferrari that gets driven regularly is the one with 4 seats.

 

Thank you guys. Such nice gents.

FYI ~ You too can do it! I have two kids, a mortgage & a wife who likes to keep us busy. But I still MAKE time. Some guys like to workout, some like TV. I like that stuff too but man... Those cars I like a lot.

Just make time for them my car brothers. It can be rewarding.

 

At one point I had 11 cars,, including an Indycar that I rotated through and for me it was becoming a bit of a job.... cleaning, charging, fluids, and of course driving them all.

I had the CS at the track today. I may not be the quickest anymore, but the CS continues to put a big grin on my face. For some reason it seemed like the CS was gathering more cell phone attention than I remember. Hopefully, values won't effect getting these cars out for most guys.

 

Yep, agree on all points. Good buddy of mine has 15+ cars (CS, CGT, Scud, GT3 RS, 356, etc) and he drives them all on a regular basis. This is the way it should be.

Bravo MB!

 

Sounds like H20skier?

too bad he's not around here anymore...