the Ferrari market watch thread | Page 1009 | FerrariChat

the Ferrari market watch thread

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

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  1. FazzerPorscheman

    FazzerPorscheman F1 World Champ

    Jul 28, 2010
    15,288
    Piz Gloria
    Full Name:
    EnzoFerdinand
    I don't think I've heard anything better than that 355 of Moretti's.

    I have a video of it from a GG when PeePee had it. He was two cars in front of me and you can hear it clear as day. Fantastic. I assume it was the same exhaust setup at that time that it has now.
     
  2. AKA

    AKA F1 Rookie

    May 17, 2005
    2,937
    Melbourne, Australia
    Full Name:
    John McCabe
    Whatever PP had/Moretti has, that's the best exhaust ever on a 355. I couldn't even hear my Ducati with that car just idling in front of me.
     
  3. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    17,220
    Gold Coast, Aust.
    Full Name:
    Patrick
    What are you going to buy it with - buttons? :)
     
  4. Gizzi

    Gizzi F1 Veteran
    Owner

    Dec 3, 2011
    5,217
    Brisbane, Australia
    Full Name:
    Gezim


    Sshhhhh!
     
  5. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    17,220
    Gold Coast, Aust.
    Full Name:
    Patrick
  6. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,801
    North Qld
    Full Name:
    simon klein
    Single cam sounds different to twincam.....I'll give you a demo in the not too distant future.
     
  7. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    Got to disagree with that.....but aftermarket is even better again!
     
  8. GSF355

    GSF355 Karting
    Silver Subscribed

    Dec 21, 2013
    55
    Brisbane
  9. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Might be time to buy it 20+ years later. :D
     
  10. au-yt

    au-yt F1 Veteran

    Aug 13, 2006
    5,838
    Burradoo... Actually
    Full Name:
    Graeme
    State of the market from Hagertys in the US
    https://www.hagerty.com/articles-videos/Articles/2017/01/19/january-2017-state-of-the-market?utm_source=MagnetMail&utm_medium=email&[email protected]&utm_content=17%2DHagerty%20Weekly%20News%2002%2D01&utm_campaign=Video%3A%20A%2040%2Dyear%20search%20for%20a%20car%2C%20the%20state%20of%20the%20market%20and%20top%20five%20comeback%20nameplates

    "

    The more things change, the more they stay the same. That’s certainly how the collector car market seems in 2017.

    The market shed speed in 2016, much as it did through 2015. But values over the past 12 months have generally remained stable, although price retreats took hold in formerly white-hot segments. Overall, North American auction sales dropped by 14 percent (now down to 2013 levels), but values for the overwhelming majority of cars on the road remained mostly unchanged. As a result, the Hagerty Market Rating only dipped from 70.41 in January 2016 to 67.19 in January 2017 and stayed at a level indicative of overall growth.

    Lately, cars at the top of the market (excluding extremely rare and significant examples like the Le Mans-winning Jaguar D-Type and the first Shelby Cobra built that sold in Monterey) have seen the steepest depreciation. Models priced above $100,000 were all slower to sell in 2016 than the previous year, with values being impacted as a result—average auction sale prices for the Mercedes-Benz 300SL declined 8 percent, Series I Jaguar E-Types slipped 16 percent, Ferrari 275s dropped 22 percent, 1964-73 Porsche 911s fell by more than 30 percent and Ferrari Daytonas fell 34 percent. As further proof, the number of million-dollar sales at auction dropped 26 percent from 2015 to 2016. This tier saw the highest number of value reductions in Hagerty Price Guide 32 than at any point since 2010.

    Some of this adjustment is attributable to an increase in average quality examples of these models coming to market. A stronger U.S. dollar has also dampened European demand for cars that are located stateside. In any event, supply seems to be outpacing demand.

    On the positive side, rising interest in modern collector cars continues bolstering the market, although buyer preference is shifting from cars of the 1980s and ’90s to cars built since 2000. Hagerty clients added 27 percent more cars from the 2000s to their policies in 2016 than 2015, and 40 percent more cars from the 2010s.

    Modern cars that are currently in favor fit the general collector car profile: low-production variants of performance models, some connection to race history and a strong historic brand presence. Leaders include cars like the impossible-to-find LaFerrari and Porsche 911R to the Ferrari 488 Italia and even more “common” cars like the Ford Mustang Shelby GT500. Nostalgia still motivates many collectors, but those same collectors are also increasingly interested in cars that provide modern conveniences (both in terms of comfort and experience). In some cases, modern cars are able to pull off both.

    Outside of modern collectibles, more affordable cars are also seeing a lot of sustained interest. As buyers exercise more caution when purchasing something expensive, they also increasingly consider more options at lower price points. Presently, the sub-$50,000 market is the most vibrant segment.

    The forecast for 2017 continues the course set over the last 18 months, with values holding steady overall and the top of the market perhaps stepping back slightly further. For open-minded enthusiasts who seek emotional returns just as much as financial ones, there are plenty of opportunities to find a fun car with little long-term financial risk. For most of us, that’s reason enough to be excited about what lies ahead."
     
  11. au-yt

    au-yt F1 Veteran

    Aug 13, 2006
    5,838
    Burradoo... Actually
    Full Name:
    Graeme
  12. IanB

    IanB F1 World Champ
    Owner

    Jun 15, 2006
    16,225
    Sydney
    erm Graeme, I've never said that. In fact I've made money out of all but one Ferrari that I've owned.

    It is however, very unlikely that you could buy a Ferrari today in need of restoration, pay professionals to do it properly (emphasis on properly) and come out of it in the black.

    My 365GT was bought and restored within a 4 year period, then I sold it in a recession. Divorces are not cheap...

    Wait long enough and it's usually OK, but the market booms come around only every 20 years or so.
     
  13. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    Yep...you picked it :)
     
  14. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,801
    North Qld
    Full Name:
    simon klein
    Yes,well....whoever is interested in the car,may want to know this.

    I hope this doesn't p**s too many folk off by posting but it's important that a prospective buyer should know it's history....

    http://www.ferrarichat.com/forum/vintage-thru-365-gtc4-sponsored-vintage-driving-machines/390779-hyundai-takes-out-c-4-a-4.html

    You need to go back 4 pages to get the whole thing.
     
  15. MAD828

    MAD828 F1 Rookie

    Oct 8, 2011
    2,631
    Sydney
    Full Name:
    Elliott Caras
    Deposit already paid on the 95 Berlinetta!
     
  16. GSF355

    GSF355 Karting
    Silver Subscribed

    Dec 21, 2013
    55
    Brisbane
    Like your thinking, but it looks like someone has beaten me to it...
     
  17. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Great to hear. :)
     
  18. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    Snooze you lose they reckon mate. :(
     
  19. Jkay

    Jkay Karting

    Jan 9, 2017
    242
    How many days and counting then......
     
  20. ihavearedferrari

    ihavearedferrari F1 Rookie

    Nov 23, 2007
    3,316
    Sydney
    Full Name:
    Adam
  21. Maranello550

    Maranello550 F1 World Champ
    Owner Silver Subscribed

    Aug 25, 2011
    12,433
    HongKong
    Full Name:
    Gary
    Maybe high volume cars. The lower volume collectibles sell no matter where they were sent from the factory ( RHD ), as long as the price is right.
     
  22. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,801
    North Qld
    Full Name:
    simon klein
  23. Maranello550

    Maranello550 F1 World Champ
    Owner Silver Subscribed

    Aug 25, 2011
    12,433
    HongKong
    Full Name:
    Gary
  24. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,801
    North Qld
    Full Name:
    simon klein
    Can someone explain to me why someone looking for a LHD C4, in blue,would choose the ex smashed up Aussie one to this one at over $100K US more,not including shipping and other sundry cost either way,with terrific provenance???

    The classic car dealers in Aussie are soooo far out of touch.

    1971 Ferrari 365 GTC/4 - LBI LimitedLBI Limited
     

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