the Ferrari market watch thread | Page 777 | FerrariChat

the Ferrari market watch thread

Discussion in 'Australia' started by ashsimmonds, Oct 21, 2006.

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  1. arthur bishop

    arthur bishop Karting

    Jan 18, 2011
    231
    Singapore/Sydney
    Full Name:
    Arthur Bishop
    rightyo....so 115,000 pounds remianing for the aus car to "restore" its been on fire twice, crashed in numerous targas and features a wet sump engine as the original mills gone missing. have you ever restored a car before!!! or is it you thats selling lol. me thinks the other no stories car thats good to go at double the coin is the better deal matey :)
     
  2. arthur bishop

    arthur bishop Karting

    Jan 18, 2011
    231
    Singapore/Sydney
    Full Name:
    Arthur Bishop
    your hair is very curly.
     
  3. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
  4. arthur bishop

    arthur bishop Karting

    Jan 18, 2011
    231
    Singapore/Sydney
    Full Name:
    Arthur Bishop
  5. au-yt

    au-yt F1 Veteran

    Aug 13, 2006
    5,838
    Burradoo... Actually
    Full Name:
    Graeme
  6. GERRA456gt

    GERRA456gt Formula 3

    Jun 4, 2005
    1,407
    Australia, Melbourne
    Full Name:
    Anthony
    i think that car was for sale less than a a year ago. looks great in that colour, and low klms. i think its a Fair price though.
     
  7. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Very rare manual gearbox in that car all over the world.

    Looks great, would make for a nice family hack for the rich folk.
     
  8. F-Serge

    F-Serge Formula 3

    Aug 3, 2004
    1,944
    UAE
    Full Name:
    Serge
    Only 6 ever made if I'm not mistaken
     
  9. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,798
    North Qld
    Full Name:
    simon klein
    ...and it's still listed.....
     
  10. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,798
    North Qld
    Full Name:
    simon klein
  11. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    I was thinking I read 4 myself somewhere, but could be 6 yes.

    Interesting, has the market cooled off fpr these cars perhaps?

    Typical UK car underneath? Do they mean it's full of rust?

    Nice colour combo though.
     
  12. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    #19412 360C, Oct 19, 2015
    Last edited by a moderator: Sep 7, 2017
  13. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,768
    Melbourne
    Full Name:
    Rennie Stein
    Blue Sera? Very very beautiful colour on a 308/328
     
  14. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,768
    Melbourne
    Full Name:
    Rennie Stein
    Hmmm. According to someone around here, sounds just like my car.

    Maybe I didn't sell too cheap?????
     
  15. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,768
    Melbourne
    Full Name:
    Rennie Stein
    Hmmm.

    Lets see....and to put it in very simplistic terms, in the "real" economy, commodity prices are down reflecting the reduction in "real" output and this in turn is reflected in poorer corporate earnings and marked declines in stock prices .......the aussie dollar is down significantly, again a reflection of commodity prices and interest differentials....real threat of global deflation and exceedingly low interest rates in the longer term in a continued attempt to stimulate the economy

    BUT

    ......property prices continue to rise despite rental yields falling, people thinking classic cars, collectibles and art as real investments even though they generate little to no real income streams....................

    somethings gotta give..........gee the future looks so bright, I gotta wear shades

    Seriously, one would hope the market is cooling otherwise the ensuring price correction when the bubble does burst won't look too pretty.
     
  16. jmillard308

    jmillard308 F1 Veteran
    Owner

    May 29, 2003
    6,682
    Perth West Oz
    Full Name:
    John Millard
    Nice shields :D
     
  17. DMWC

    DMWC Formula 3

    Jan 23, 2013
    1,756
    Sydney Australia
    Full Name:
    David C
    If you buy it you could change your name to Mr Blue Sera and when PP returns he wont realise who you are and then you can be friends again
     
  18. IanB

    IanB F1 World Champ
    Owner

    Jun 15, 2006
    16,223
    Sydney
    #19418 IanB, Oct 19, 2015
    Last edited: Oct 19, 2015
    I've restored numerous Ferraris, including a glass 308. They are all rotten under the skin and it's 95% likely that UK car it too. So a repaired car that's had the panels off is a better bet.

    As for the history, it's well known and none of the damage serious. Being the first car makes it significant and the whereabouts of the original engine are known.

    I'm not the seller, I'm simply interested in the discrepency between the rabid asking prices of UK dealers vs what cars are actually selling for. Some here are full of hubris because they use UK asking prices as a yardstick for their cars - I don't agree.
     
  19. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
    24,033
    Coolum Beach AUSTRALIA
    Full Name:
    Karen H.
  20. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,798
    North Qld
    Full Name:
    simon klein
    He's not.....................................................................................yet!
     
  21. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Good man! :D

    I don't know what you sold it for, but it was definitely too cheap. :D

    In English please Doc. :cool:
     
  22. arthur bishop

    arthur bishop Karting

    Jan 18, 2011
    231
    Singapore/Sydney
    Full Name:
    Arthur Bishop
    an interesting take on the world markets. you hit the nail on the head with the income streams or lack of it. so those pouring their hard earned cash into cars are hoping for a massive tax free capital gain come sell time? i admit i dont understand the seemingly stratopheric rise in classic car prices. i can't think that these people have bought them to enjoy, because they dodn't seem to be on the road, save for the odd car show.

    the art market has stalled in the last few years, at least in australia. yet housing despite the lefty rubbish written in the press is two tiered. inner city continues its relentless rise, regional and outer suburbs going no where.

    summary, i think the government is simply printing more money and throwing it around, hoping they won't be in power when the house of cars falls, ponzi scheme that it is lol.

    btw, its the same in asia, except in singapore the governments undisclosed sovereign fund worth is so buoyant i suspect they could run the country on the interest.
     
  23. arthur bishop

    arthur bishop Karting

    Jan 18, 2011
    231
    Singapore/Sydney
    Full Name:
    Arthur Bishop
    nice zf fairlane in the background, had one early days. big and confortable with a good ride.

    you still have a wife?
     
  24. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    Yeah I noticed that myself. I think they were on the car when I bought it and I did Targa soon after I got it. The other photo of the car sans shields was taken just before I sold it.
     
  25. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    Blue Chiarro. It was the spec of the car the factory used in the 328 brochures.
     

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