CS Market | Page 297 | FerrariChat

CS Market

Discussion in '360/430' started by stokpro, Mar 13, 2010.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. NYC123

    NYC123 Formula Junior

    Joined:
    Jul 15, 2006
    Messages:
    466
    so what is the current market on a perfect condition low mile (sub 4,000) CS fully serviced with all books records etc ? I am looking for current market based on real sales we know of in past few months not dealer asking prices or dealers claiming what they sold for ? anybody have actual sales data ? and whatever the market is I assume based on some posts maybe 10% less for a no stripe car ?
    thanks in advance
     
  2. SCEye

    SCEye F1 Rookie

    Joined:
    Aug 28, 2009
    Messages:
    2,950
    Location:
    Norcal - Peninsula
    More than you can afford pal. Ferrari!!




    Sorry... popped up in my head and was not able to control my impulse.
     
  3. ttforcefed

    ttforcefed F1 World Champ Rossa Subscribed

    Joined:
    Aug 22, 2002
    Messages:
    19,255
    I can almost guarantee you that nyc123 has paid more money in sales tax on cars in the past 5 yrs than most the people following this thread have in cars.

    we've been trying to get him help but he doesn't think he has a problem. and trust me, when I think its a problem, its a problem.
     
  4. NYC123

    NYC123 Formula Junior

    Joined:
    Jul 15, 2006
    Messages:
    466
    thanks, very helpful.
     
  5. roma1280

    roma1280 F1 Rookie Rossa Subscribed

    Joined:
    May 2, 2010
    Messages:
    4,831
    Location:
    Palm Beach, Roma
    I don't know of any sales but that's exactly the car I own (no stripe but I'll throw in the sticker for free). If I was selling, it would be something starting with a 3
     
  6. 720

    720 F1 Rookie

    Joined:
    Jul 14, 2003
    Messages:
    2,623
    Location:
    So. Cal and No. Utah
    Full Name:
    Rick
    Any of the various seals leak from lack of use?

     
  7. roma1280

    roma1280 F1 Rookie Rossa Subscribed

    Joined:
    May 2, 2010
    Messages:
    4,831
    Location:
    Palm Beach, Roma
    Not sure if this is a serious question but I haven't had any problems. If you are implying that it should be driven more I agree. In my defense that's how I bought it and my Ferraris have about 200,000 miles between them so it's not like I'm not trying :)
     
  8. FerRrari

    FerRrari Formula 3

    Joined:
    Jan 11, 2009
    Messages:
    1,227
    Location:
    WA
    Full Name:
    Fernando

    It's a line from Fast and Furious , I assume he was just joking 😀
     
  9. 720

    720 F1 Rookie

    Joined:
    Jul 14, 2003
    Messages:
    2,623
    Location:
    So. Cal and No. Utah
    Full Name:
    Rick
    Hi. A friend of mine had 6,000 miles on his Stradale, and he had some oil leaks. I put 18,000 on each of my Stradales with no problems. Just curious if other low mileage Stradales have oil leaks.

    200,000 Ferrari miles has to be a record!


     
  10. stokpro

    stokpro F1 Rookie Lifetime Rossa Owner

    Joined:
    Jun 25, 2003
    Messages:
    4,383
    Location:
    Himalayas
    weren't you going to just make one with some CS bits?

    spencer whatever happened to that 800mi private sale CS you found?
     
  11. 24000rpm

    24000rpm F1 Rookie

    Joined:
    Aug 31, 2012
    Messages:
    4,653
    Location:
    China and California
    that is depending on if I can get a real CS....

     
  12. NYC123

    NYC123 Formula Junior

    Joined:
    Jul 15, 2006
    Messages:
    466
    it was red and I just hate red can never get myself to do that color...
     
  13. Jason Crandall

    Jason Crandall F1 Veteran

    Joined:
    Mar 25, 2004
    Messages:
    6,375
    Location:
    ATL/CHS/MIA
    Full Name:
    Jason
    Each owner is different. If I had a sub 4000 mile CS I wouldn't sell it because I don't have too and what else am I going to do with the money anyways? But if I were gonna sell it it would be over $300K.

    I would bet most who own a sub 4000 mile car aren't interested in selling. They're rich enough to sit it in a corner and not drive it so there you go. A sub 4000 mile CS will be a $500K car in the next few years.
     
  14. roma1280

    roma1280 F1 Rookie Rossa Subscribed

    Joined:
    May 2, 2010
    Messages:
    4,831
    Location:
    Palm Beach, Roma
    not even close, I think Mr Glickenhaus has logged over 750,000 miles
     
  15. roma1280

    roma1280 F1 Rookie Rossa Subscribed

    Joined:
    May 2, 2010
    Messages:
    4,831
    Location:
    Palm Beach, Roma
    That would 1/3 of an F40.

    Let me see ..
    Rarer ... check
    Faster ... check
    as iconic ... now way, but maybe 1/3 could be right

    I'll drink to that :)
     
  16. SAFE4NOW

    SAFE4NOW F1 Veteran Sponsor Owner

    Joined:
    Aug 25, 2004
    Messages:
    5,830
    Location:
    Dallas Texas
    Full Name:
    If you know you know
    2,XXX mile CS went through Svc , no fluid leaks at all.

    Annual Svc, Tires, Battery, and a couple other small bits, car is in fantastic shape as would be expected!

    S
     
  17. Skippr1999

    Skippr1999 F1 Rookie Silver Subscribed

    Joined:
    Dec 22, 2009
    Messages:
    4,504
     
  18. Jason Crandall

    Jason Crandall F1 Veteran

    Joined:
    Mar 25, 2004
    Messages:
    6,375
    Location:
    ATL/CHS/MIA
    Full Name:
    Jason
    What will an F40 be in 5 years?
     
  19. roma1280

    roma1280 F1 Rookie Rossa Subscribed

    Joined:
    May 2, 2010
    Messages:
    4,831
    Location:
    Palm Beach, Roma
    The same as now. The market will continue to cool, low mileage Euro models will gently bring the prices down as they start to be imported into the US. The market will then recover and in 5 years we will be where we are now. That would be healthy given the quadrupling in the last 7 years.
     
  20. Jason Crandall

    Jason Crandall F1 Veteran

    Joined:
    Mar 25, 2004
    Messages:
    6,375
    Location:
    ATL/CHS/MIA
    Full Name:
    Jason
    I disagree. There's too much cash in the world and too few "collectibles" to own.

    F40 is an international market. Just because you can import them to the U.S. does not mean the price will decline.
     
  21. roma1280

    roma1280 F1 Rookie Rossa Subscribed

    Joined:
    May 2, 2010
    Messages:
    4,831
    Location:
    Palm Beach, Roma
    You can get a really nice euro F40 for under e1m and that has been a market that has been off limits up until now for US based F40 buyers who are paying up to $1.5m.
    You can't say the lower priced euro models aren't going to affect the US prices because they will.

    Anyway what you are saying is music to my ears as I'm fully invested in the market. The increases are unsustainable, so a leveling off is a best case scenario in my opinion.
     
  22. Jason Crandall

    Jason Crandall F1 Veteran

    Joined:
    Mar 25, 2004
    Messages:
    6,375
    Location:
    ATL/CHS/MIA
    Full Name:
    Jason
    Tremendous amounts of money are coming to the U.S. The super rich I do business with overseas keep their money in the U.S. They have to buy up assets.

    If you're already a U.S. citizen or company it behooves you to keep your "profits" offshore.
     
  23. supratime

    supratime Formula Junior

    Joined:
    Mar 22, 2006
    Messages:
    597
    ^ Nothing goes up in a straight line.. That's how potential bubbles are made. Or a sign of an unhealthy market.. Imo I wouldn't be surprised if F40 prices stalled out for a few years but doesn't mean they won't go higher in the longer term.
     
  24. Jason Crandall

    Jason Crandall F1 Veteran

    Joined:
    Mar 25, 2004
    Messages:
    6,375
    Location:
    ATL/CHS/MIA
    Full Name:
    Jason
    Just my opinion. It's worth exactly what you paid for it.
     
  25. lee168

    lee168 Formula Junior

    Joined:
    Dec 19, 2003
    Messages:
    251
    Location:
    Texas
    Full Name:
    Eddie
    Let's make it fun and interesting by predicting F40 value 5 and 10 years from now, assuming the current 2015 value range is $1M to $1.5M:

    In 5 years -

    In 10 years -

    Go at it.....

    Or maybe this should be in a different thread...
     

Share This Page