CS Market

It's always bittersweet

 

Oh thats not mine. My kids can sell mine when im gone

 

Since this is a market thread, what is the current CS market based on actual sales, not asking prices?

For example, what would a no stories approximate 10k mile, factory striped CS in a standard color well for? How much are non striped cars discounted?


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In the UK, £140,000 (+£6,000 commission) apparently:

https://collectingcars.com/for-sale/2005-ferrari-360-challenge-stradale-1

 

$196,122.00 ~ all in US dollar

 

This was thrown out in June 2021. Take into account a little bump with the increased "craze" . Cant comment on stripe/no stripe.

5k miles @ 300k, 10k miles @ $250k, and 20k miles @ 200k?

 

My 5k OEM stripe is selling for over $320k. Keeping red one, that’s about $250k @10k miles.

 

I would not let my 3000 mile non-stripe car go for less than 350

 

Sub 5K feels like a rarified space for these cars. I'd guess that those cars are more or less show cars at this point and will accumulate minimal additional miles. I think the cars that are 10K+ miles can still be used by their owners, maybe 500-1500 miles per year in some years and the use case still makes sense relative to the value of the car.

 

My 11k mile red/factory stripe car in unusually nice condition is not for sale. I have, however surveyed other cars of similar condition and history, and I believe the market is around 300k. I have observed that it is increasingly difficult to find truly nice cars...when I was shopping for mine, there were many cars that were either in rough condition, had significant track time, or had stories. My 300k figure is for a concourse condition car with good history. I don't envy someone just embarking on trying to find such a car. It requires lots of patience and effort.

 

Agree.
My 5k car I just cant drive, so for me no point in just storing it. I’d rather deploy the capital against something I will drive while I still can enjoy it. The 10k mile CS I feel like can be driven the 500 miles per year it gets currently due to limited weather windows and having other cars.

 

keep it - gonna go to $500k!

 

I agree and we wouldn't let our 4k mile non stripe, beige leather and luggage car go for that either! Finding good examples (regardless of miles) of these cars is why this thread has continued for years and is over 400 pages long... These cars were right before the era of a lot of cars being put away and not used, I guess? I haven't come across a lot of sub 5k mile cars in my years of searching.

I still think the body is one of the greatest modern non supercar designs Ferrari has done. Its so timeless and hard to believe nearly 20 years old. These cars are very special and I think overtime people will eventually continue to realize it more and more, but we didn't buy it as an investment we had to put something in that garage space!

Picture of ours with my Z06 just because.

Erik
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IDK, seems like CS has lagged and is not appreciated by collectors on that level. Same as a Scud.
I’m happy to keep one and drive it.

 

For me, the gearbox is the weak link, so if planning to drive it I think the experience and the value is held back by the gearbox. If not planning to drive it, then the gearbox doesn’t matter. The design and presence are just incredible. It’s art.


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U never sell any anyways)


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Thank you for that, but that is just a personal preference, not actual fact. Go to a 355 F1 coupe & you can cast disparagement's in comparison to your other cars in your stable, but on its own the 150 millisecond shifts of the Stradale are absolutely not a detriment. In fact, the NGT 360 racecar shifted exactly the same as the Stradale, and not one of the factory racecar drivers had any issue with it.



Yup that is me... There is simply nothing weak link about it.

 

I had several laps in Allie Ashe, former owner of FOW, 360 Michelotto N-GT at Summit Point at WOT and there was nothing like it!! Amazing car and skilled driver.

 

I’ve owned 2 Stradales so feel like I know the car’s strengths and weaknesses quite well. The gearboxes work decently on a track or in an environment when they can be shifted at high revs. If driven around town, and particularly when there is a lot of stop/start, the weakness of the early F1 technology is most apparent. This was fine when the F1 tech was new and exciting, but the advancement of paddle shifted tech has cast shade on all of the early Ferrari F1 gearbox’s, from 355 through 360 and 575.


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You know... The 1964 250 GTO became outdated at some point too... But that did not stop the 250 from being the most valued car to ever be sold. The advancements in gearbox tech probably cast a shade on it too. But who would care? The car is epic. As is the Stradale.

My Stradale ownership eclipses yours and with that I can assure you that when the driver is in synch, and the F1 box is driven correctly... It has little to fault.

The new tech is fine, but in the eyes of a owner/driver like me that does not belittle the technology of the cars of the past.

 

I love the F1 box. It is so much more mechanical than the DCT's. It takes some practice to drive smoothly in traffic not unlike a manual which, essentially, it is. Why on earth is it so maligned?

 

I don’t know. People comparing it to the modern alternatives I guess. I think it suits the car and it’s of its time.

 

Completed disagree. Every time I drive a modern DCT/PDK the experience just feels so digital and muted. The single clutch F1 is so much more engaging, visceral and FUN. Full song upshifts still impress me every single time, especially in the context of 20+ year old tech.

 

Not even close just based on the recent sales in this thread.

 

Ever driven an F40?

Your post implies 2021 performance is required for any car to have value which of course is the opposite of reality.