the Ferrari market watch thread

This looks more interesting
https://www.instagram.com/p/CYYg2lsL7qk/

 

Yeah I posted that a week or two ago.

Love to know what was going on there.

Sig www.pless.com.au/mechanics.htm

 

Yeah!,nice enough bloke though.

 

https://www.dailytelegraph.com.au/newslocal/parramatta/teen-charged-after-ferrari-mercedes-ford-ranger-allegedly-stolen-at-drummoyne/news-story/e7cff793c20819360b6dd6926063b221

 

What's with all the LHD 308's
https://www.carsales.com.au/cars/details/1978-ferrari-308-gtb-manual/SSE-AD-12229490/?Cr=9

 

That actually looks pretty good [emoji106]

 

Nah....black is not the colour for it

 

It’s still a very expensive motorcar, it would have to be a dream car, difficult to place in the market [emoji51]

 

Rather odd posting a pic of the dash showing water temp at the 3/4 mark at idle?

 

I've seen worse... I once saw a dash photo an idling f355 showing a needle's width of oil pressure.

 

I'd rather have the Abarth

 

10-4 on that.

 

How clever!

https://www.facebook.com/1412127712367847/posts/3372813806299218/?d=n

 

Didn't Boxers have staggered wheels?

 

Beautiful 812 spec

https://www.carsales.com.au/cars/details/2019-ferrari-812-superfast-auto/OAG-AD-20444050

 

Gunna ?

 

Stunning.

With a price to match. [emoji853]

 

[emoji23][emoji23][emoji23][emoji23][emoji12]

 

Never ever think about another car [emoji4]

 

It's going to be interesting to see what's going to happen in the marketplace when rates start to rise. We may be in for a revaluation of sorts.

Old money will always be there, but the days of cheap/free money being almost over I wonder what's going to happen to those who are happy to load up on debt for fun times.

Those who have been irresponsible with their money management are soon going to feel the hurt, it would seem.

Cheap near-new jetskis are soon to flood the market.

 

I've been saying that for years. Meanwhile, my cash has devalued by 15%

 

On one hand you've got inflation pressures pushing up the values of everything. On the other you've got the better part of 5 years of "free cash" driving up values of everything that's soon to be recalled.

Which will win..

Bond market is going to get hairy. Watch all that sovereign debt blow us up in a few years when the bonds mature and need rolling over.

 

Dreamin'

 

From what I hear from dealers, the vast majority of new Ferraris they are selling are not financed. However it's possible owners may be carrying debt for other things ( eg a massive home mortage ), and if that starts to bite it may prompt them to get rid of the Ferrari in order to reduce debt.