To me it looks like his excitement with the F50is a forced polite one where the F40 is genuine. But thats just how I see it. Remember what makes for favorites doesn't have to just mean to drive but could be many factors. I'm pretty sure I'd be happy with any of these cars. But the F40 makes me smile the most.
I like the fact that a very knowledgeable person like you agrees on my assessment of the F40. We seem to disagree on what constitutes fun though. If we lived 200 years ago what would be your ideal ride? A wild bronco or a fine Lippizaner? I prefer the finesse of the well mannered stallion.
As Enzo Ferrari said when asked which is the best Ferrari he had ever made: "That which is yet to be built. The car which I have not yet created." I don't want a supercar that's a monster - I want one that I can drive......
If I had 100's of millions or billions, I would have no problem paying 5 million for it. There are a lot of people with that much cash, you only need one to want it. Nice car!
It's true that when you have that much money, when you really want something, you'll pay whatever you think it takes to get it. On the flip side, you'll also find that most people with that much money don't like to overpay, or throw away that money. If the car trades at $3.5m, they aren't going to burn an extra $1.5m on this particular example unless it's truly one of a kind (and it doesn't seem to be). The $1.5m overage can be deployed elsewhere. In fact, you'll find most of these individuals would rather put that $1.5m into their charities or other foundations they may sit on the board(s) of.
Paper wealth means nothing if they all went and tried to spend it they wouldn't even have 2% of that. Let's say 1 LaF sells for $3mil so people then value all 499 at $3mil each. Too bad it don't work like that, if even 5%(25 cars) of the stock made it to the market at the same time the price would crater below MSRP.
uhmmm NO 30 percent of the 56 trillion is in cash - so u clearly have no clue about those people ur market reference and grammar make it tough to decipher if ur statement had a point yes mark 4M each
what is the color of your laferrari? and congrats for adding another beauty to your already fantastic collection.
There's only a trillion of USD in actual cash in existence. You mean bank deposits which are considered liabilities backed by all sorts of worthless bonds. Look 08 already proved what can happen to paper wealth. It can vanish in an instant(because it never there)... my point is valid, if a sudden supply of LaF's (5%) hit the market the price would crater... People measure their networth by taking the last sale price of an asset and multiplying it by how much they have of it, nobody looks at market depth... and it always historical prices referenced. Exotic cars trade at margins, even a slight increase in available supply craters their values.
if everyone in the world wants their cash back on the same day everything is worth less if you think that with all the wealth in the world UHNW will be net sellers of Ferraris over the next 10, 20, 30 yrs that's cool.
No. The C7 is a bit cartoonie as well. Cars like the 288 GT0, the 250GT0, 275 SWB, 250 TR, 250 GTE etc. Those cars are pretty much art on wheels. The Ferrari super cars started to get a bit silly with the F50. Don't get me wrong, I like the F50, but the Enzo and laferrari are indeed to my eye rather silly looking cars. They just seem to be trying to hard.
Red LaFerrari offered at Goodwood FOS this weekend by Prindiville. Physical car, yours to drive away for £2.3m ($3.6m). Puts the $5m mentioned at the beginning of this thread into some context.
so black LaF for 5M actually makes sense....don't black enzos get about 30 percent premium to red ones? 3.6 X 1.3 = 4.7.
Also, dont forget we are talking about a US car. People in Europe/Asia/South America/ME are free to buy any of the 499 LaF. People in the US are not. They have to pick one of the 140 US cars for the next 25 years. So a black US car should definitely be worth much more than a red ROW car.