CS Market

A good Stradale is worth $299k+ all day long in my opinion...

 

IS that 599 GTO for sale too?

 

Cross posting link to classified for a Novitec CF grill that I took off my CS. Very high end piece, just not my thing.

http://www.ferrarichat.com/forum/ferrari-parts-collectibles/486703-novitec-carbon-fibre-rear-grill-360-cs.html
Image Unavailable, Please Login

 

It is really well done. I think it would work better on a car without the stripe. The combo of the CS stripe, the large chrome prancing horse and the larger bore holes in the grill are a bit busy IMO.

 

+1.
About to take mine NR rear grill off as well, and get the car back to OEM... Who am I to challenge Ferrari's engineering?

 

Crazy after so many years ppl try to modify and then eventually go back to original form.. It looks best that way. True natural beauty! no makeup/ mods required

 

Yeah, I heard them say they will be listing it for $700k and it has 1800 miles

 

Damn Andrew, those red Daytona seats with yellow inserts hurt my eyes...oww!

 

Why mess with the perfection???

 

Silver with stripe? Me likely!!

 

There's just a bunch of late 90's dot com bubble thinking going on with the CS and the GTO right now...too many speculators and not enough cold hard cash trading hands. Not counting the auctions earlier in the year and the couple of $230ish closes on low mile striped rossos...these cars just are not moving....the CS is not a $300K car (yet) will be one day but not yet and no way the GTO is a 3/4 Mil car... wishful thinking, again maybe one day. I predict these prices come down, not drastically but to a basis where hardware is readily trading hands for cold cash (like high mileage CS around low $110/115moderate mileage CS on the $150 - $160 range, low mile CS closer to $200K), key word here is "readily" ...dealers gouging, following like lemmings and upping prices is not the way a market value is set in real life.

 

Thanks for sharing your thoughts and speculation. Let's recap:

- first we should "not count" the high dollar sales. Ok.

- second your future ranges were accurate about 2 years ago. The market, speculators and "real" sales and all has gone well past that. It's not just CS and GTO. It's 3x8 and many others. (Really it's virtually all asset classes, but that's another thread)

- third, you say $299k won't happen in the near term and prices will fall (over some undefined term). No magic in that prognostication. I have no idea if a car will transact at $299k in the near term or not. I do guess prices for these and many assets will fall when credit and cost of cash change.


Sent from my iPhone using Tapatalk

 

While you're at it add 993 turbo, Z8, 512tr.....etc. for the scenario that you are describing something like 2008 financial crises or the recession of 1990-91 would have to happen to bring all these prices down. Not just CS and GTO.

 

Didn't mean to repeat some of the things Arizonaitalian posted, our responses must have been posted within seconds of each other

 

This thread just goes in circles. Got back 10 pages and read.

 

Not saying when things will settle but these cars are like a grossly over valued stock selling at many many times earnings. the market will correct over time to meet the median to which these deals become realizable with the value of the most numbers of readily conducted transactions. This goes for all the over valued cars out there. This is not me folks this is the cost basis the market will set on it's own. If a CS sitting a week ago at $175K now magically jumps to $300K, do you really think that warrants a more realizable sale of that same vehicle at double it's prior market value in such short term? I think not. Does anyone here get where I'm coming from this is not that foreign of a concept.

 

The recent move in CS prices are REAL not a bubble.

In the near term, the median prices will stay between 200-299k. I do not expect prices to breakout above 300k yet...the market needs time to digest this recent spike in price... If prices can hold in the 200-299k range for several years, it's headed to 500k..I don't have a crystal ball.. I'm just watching simple price action and technicals. Just one person's humble opinion. Remember this post.. I'm making the call now haha

 

Couldn't agree more. Of course everyone on this thread will forcefully disagree. As they say it depends on whose ox is being gored lol. Everyone recognizes a bubble except the people riding on the top.

 

I think it's funny you guys care so much that you keep coming in here and typing this. Quit being such sore losers. Move on.

 

Yeah because here's a mature response ;-)