When will Vintage Ferrari's stop appreciating?

288 GTOs dont have chrome, or F40s or F50s or Enzos or LaFerraris or any Ferrari race car. Just sayin'. ;-)

 

There are exceptions to every rule. But majority rules.

Cars were pretty and more unique before regulations started to detune them and make them all look the same. Yes, a few special editions will get around it but the vast majority made after 1978 will not become collectible.

And that's true of almost all cars.

The McLaren F1, the Enzo, and a few specialty cars like these will grow in value. The rest will end up in the junk yard when they finish their lives.

 

Mr Mayor, I pretty much agree cars did have much more style before 73ish. Except and only because I own them a 308 and a Boxer.

 

There are more reasons for most Ferrari models to go down in the coming years than up in value. Everyhthing goes in cycles and you will see Testarossas under $100k again, and F50s under a million again.

A nice wicked stock market correction or rising real interest rates would be two such events.

 

Today I would basically agree chrome bumper cars are the classics thats for certain . Then there are the collectables which are many cars such as the 288GTO etc.
However I think the rate of increase in value of the chrome bumper cars will level off then decline where as long term the cars like the 288 gto F40 , and many more will start to increase in the long term or atleast hold there value .. In any case I do not believe there is any chance of these non chrome bumper Ferraris and others of ending up in a junk yard.
and the chrome will always have a market but it will decrease....over time...once everyone is dead that lived in the era that a car was made they get soft with very few exceptions....

 

to each his own.....
i probably have more miles in a TR than anybody here except melvok and jim.
i always loved the outrageous and iconic shape, but the 512tr was the one for me. i bought mine in rome in 2000 when nobody wanted it, in the same way i bought all my cars, at the low point on the curve. i have driven it all over europe, i have tracked it, vmaxed it, showed it, and loved everything about it. it is still my favorite car, and if i could only have one car, this would be it. if you have only driven first gen TR's i can understand your statement, but drive a 512tr (or the M, as long as you dont have to look at it), and you will find a very different and much more engaging car.

i agree with many on here, that for me it is a combination of engagement, art, and romantic day dreaming. my father and i have always collected cars that ticked those boxes. cars that were iconic, or watershed moments in car design or performance. and they come at all points in the price spectrum.

actual performance and the use thereof, is somewhat mythical and imagined. i have tracked almost every car i owned, but you quickly realize that only certain ones were made for that purpose. and even then....its a poor substitute for a race prepped miata.

i tracked my cs for 2 seasons, realized i was spending the equivalent of a new miata each season, and decided to just stop the foolishness. put it all back to stock and did not track it again. so people who choose an older car based on its stats on paper are just fooling themselves. pick a car based on how it moves your soul, and you wont go wrong.

 

Good points. I do agree that the 512TR was definitely a setup up over the original TR.

BTW, Clyde had nearly 100K on his TR, before he found a replacement engine. You might want to check with him on top miles. Like I stated, I really liked the flat-12 engines - just wish there were put in a more agile body.

 

I have a F512M and I can respectfully tell you that it's a great Ferrari..

 

Us car? Miles?

 

Here we start to get to the nub of it. There are paper specs and road driving. By the time of a jaguar Dtype you already had more performance than can be used on modern roads.

Its also true that most nearly every fast street car, incuding the moderns are not really track machines, not that they cant turn a few fast laps, but street cars usualy cannot sustain pace. I would have far more respect for the "fast" moderns, and find them more relevant if they were capable of sustained laps at speed. Think about the performance of any supercar from the last 10 years. Its not exploitable on street(except maybe Germany) and yet they are not really thrilling or engaging at lower street atainable speeds, and yet they cant really sustain on track.

A porche GT4 seems to fit this relevance bill. The old 250swb was the daddy, great on road great on track. A Mclaren F1 is another. My point is moderns, not really much fun on street not great on track, other than few laps.

So then we get back to classics, whats the experience of driving them on the road. To the extent its important how fast can they go on the road, given road conditions.

A Tr car is great and great fun on road.

If there is an arguement against a testarossa Tr etc on street its one of styling and girth. Some may find it also heavy and complex to drive, but then thats part of the difference between any classic and a paddle computer car.

Personaly as my name attests, I love the uncorrupted by practicality or legislation looks of a boxer and think on road in USA where your unlikely to do more than 140 they are just superb. A car that can keep up easily with the moderns on any road run and yet so classic. The drawback of the boxer in period was the crap tires used. Thats fixable now, and then you have a lighter shorter car than a Tr.

If anyone is wondering what the boxer Tr chassis is capable of, well nick masons BBLM lapped goodwood faster than his F40. A BBLM is basicaly a BB at 2900lbs and with 450hp.

A TR is mechanicaly a slightly longer heavier boxer with more power, has ac that works a degree of modern comfort so its more useable, and has stlyling which met the then legislation, and was so very 80s, which is cool.

I am always reminded of the line, its not just how fast you go, but also how you go fast that counts.

 

Dream on, my friend...

1962 - 1964 Ferrari 250 GTO | car review @ Top Speed

The Ferrari 250 GTO was priced at $18,500 in 1962. In 2014, that would mean around $150,000. But the GTO is more valuable than that nowadays, with chassis number 5111GT holding the record for the most expensive car ever auctioned.

The value of the 250 GTO began to rise in the 1970s, and 1986 saw the first example sell for $1 million. By 1990, two more units changed owners for more than $10 million. The $13 million record established in 1990 was yet again broken in 2010, when chassis number 3943GT changed hands for $26 million. Other versions sold for $35 million and $38.1 million in 2012 and 2014, respectively, but the world record was set in 2013 by chassis number 5111GT, which was auctioned off for a whopping $52 million.

No other Ferrari - or any other brand for that matter - managed to fetch more than $50 million at a public auction. Making things that much more spectacular is that seven different units of the 250 GTO (only 39 were built) sold for more than $6 million since 1998.

 

Thats an awfully ironic statement given the fact that there are more triptonic Porsches sold in Europe. Ask your Porsche dealer why Porsche is still offering a manual transmission cars. They will tell you its the Americans demand for a stick that has lead to there continued production.

 

WOO HOOOOO!!!! I've just gotta wait it out another few years, baby!!!!
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You forgot to mention the engine-out major - very expensive - for all Boxers and TRs. And, as I stated, there's nearly 10,000 TR variants made. That is too many for the pricing we've seen lately.

 

I guess I've missed it,i wonder if the trend will continue? I cant see any of those going too much further down,but I am very under qualified to really have an opinion. I've learned so much from this thread!

 

That's how I feel, I feel like my car tastes are that of the much older generation. I did grow up with tons of manual super cars around though,so i guess people like me do exist all over the world.
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Is this a bold statement or is this the general consensus? I feel like the days of sub million dollar F50 are gone.

 

I'd love to have a SWB,but not before an F40, F50,288 gto or a Mclaren F1. I love them so much,but my hearts with the cars of my time and I feel like that is the norm of most people. All prices equal,I would get those cars in that order then get something like a 250 GTO.

 

I'm well aware of Gto's accolades, I was just using it as a refereence point. As much as I'd love to own one,I know it is just that,a dream.

 

I have run 72 minutes (1 full tank of gas in my F355 in the 103º heat of Texas summers.)
However, I am yet to see a Hopped up Corvette make it more than 12 minutes before heat stops the party.

I came to this conclusion 20 years ago. I needed a car that was faster than 5 seconds
0-60, but not that much faster; I needed a car that could stop from top speed without
cooking its brakes, I needed a car I could run the proverbial snot out of without blowing
steam. The F355 fits all of these.

 

How is one person proof of interest from an entire generation? If you are The DRIVER for the next 15 years you are going to have to update your platform.

 

agreed. I too am from the 80s... and love the 50-60s ferraris... what I call real ferraris or vintage ferraris... (hereing people call a 308 vintage makes my skin crawl... but I guess they can be 40 years old now lol)

I think there is a real car culture... look at all of the damn cars and coffees that exist. Rarity is hugely important... and it doesn't get much more rare than 50-60s ferraris.

Also, if you don't think there is an appreciation for old cars.... look at air cooled porsches... why would people care about an air cooled porsche if all they care about is hybrids? why would manual transmissions be sought after instead of being old news?

As we all get older we appreciate the older things as well... There will always be a strong appreciation for these cars

 

You have drivers from the 90s and 2000's now that are ready to drive these cars every night in Augmented Reality/VR on their gaming systems. For instance if they want their headphones or speakers to play the exact exhaust sound of a vintage Ferrari, they'll pay extra for it with cryptocurrency.
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