Yes that is what I mean. Really expensive is relative. I have never lost money on a vintage Ferrari. A well known broker once told me.........if you think you paid too much for your vintage ferrari.......just wait a while, and enjoy it in the mean time.
Please educate me why it is so. I barely hear chatters about 70s and 80s car anymore as those who dreamed these cars in their childhood are getting old. Im in my mid 30s and i had cgt, enzo and mc12 posters in my bedroom (late 90s and early 2000s) and would love to buy them if i have such wealth to afford one. Oldest car i loved was f40 and f355 and i really never had any interest in fcars from 70s or older. Will these vintage ferraries still support value (along with expensive maintenance) once the millenial generations become the main money making generation? Bc all the recent spikes in cars are 90s and 00s and most of my gearhead friends are not familiar with 60s or 70s ferrari. I dont mean to disagree with you but genuinely curious.
If you're not too worried about future value, or more accurately willing to take the risk, you should look at a Glickenhaus. You'll have something unique, and will have unprecedented access to the behind the scenes of the building of your car, and of the car brand itself.
What’s the rest of the garage look like? I personally like to have diversity in my collection. It would help to know if you have any glaring holes. For example, everyone needs a Ferrari V12.
I only thought of a mil due to my longing for cgt. Now thats really outta my reach and i gotta stay realistic.
Kim, what is considered fun is very hard to define and is different from person to person. It's a hard question to answer. What are some elements you are looking for in particular?
If you could add a bit, maybe a 599 GTO? Aren't those in the 500k to 600k bracket? Sent from my SM-G930F using FerrariChat.com mobile app
Not sure the BB is a good general suggestion. If any Ferrari could be considered an aquired taste, the BB is it. Sent from my SM-G930F using FerrariChat.com mobile app
I've owned both, they are fabulous Ferraris but ultimately you need to love them or they will sit and still accrue service bills. Wonderful Ferraris but they are also old cars, they will leave you stranded at some point and then frustrated. If the OP isn't the type to put up with this sort of thing, move on to something a bit newer.
For $500k you could get the best 512 BB [not BBi...sorry] and a really nice 599. I think the 599 is the best bargain V-12 out there. It's plenty fast, sounds fantastic, is comfortable and is roomy enough for a long trip. The BB? Just for fun and thrill. Can't say where the BB will go in value. Seems to be bouncing on the bottom right now. The 599 has already hit bottom and is ticking upward albeit slowly. Alternative for the 599? 458 Spider which seems to be creeping higher lately. At some point the 458 might pass the 488 in value.
Just to throw a cat amongst the pigeons, have you thought of the 365 GTC/4? Elegant (especially in blue sera), power steering, a/c etc..IMHO as an old fart, still the most under-rated driving Ferrari of them all. Had one back in the day and loved every second.
812 GTS? I think they will skyrocket in value once production finishes. Much less expensive, but my stable also has an DBS 6 Speed. They only made 640 LHD coupes in 6 speed