the Ferrari market watch thread

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

 

your hair is very curly.

 

Cheap or realistic? No idea.

https://www.classicdriver.com/en/car/ferrari/308-gtb/1976/338078

 

looks realistic to me, see if the listing is around next week i guess....

 

There can't be many of these in Australia
2006 Ferrari 612 Scaglietti Manual

 

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.

 

Very rare manual gearbox in that car all over the world.

Looks great, would make for a nice family hack for the rich folk.

 

Only 6 ever made if I'm not mistaken

 

...and it's still listed.....

 

Resto project??? anyone...

Oldtimer Australia, classic cars, racing cars, sports cars » 1986 Ferrari 328 GTS

 

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.

 

Same colours as the one I had back in the day. The wife liked it a lot.........so I sold it
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Blue Sera? Very very beautiful colour on a 308/328

 

Hmmm. According to someone around here, sounds just like my car.

Maybe I didn't sell too cheap?????

 

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.

 

Nice shields

 

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

 

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.

 

What's he asking for the 500 in the background?

 

He's not.....................................................................................yet!

 

Good man!

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

In English please Doc.

 

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.

 

nice zf fairlane in the background, had one early days. big and confortable with a good ride.

you still have a wife?

 

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.

 

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