Ferrari Prices Continue To Slide | MUST KNOWS | Page 3 | FerrariChat

Ferrari Prices Continue To Slide | MUST KNOWS

Discussion in 'Ferrari Discussion (not model specific)' started by rob lay, Sep 23, 2023.

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  1. rob lay

    rob lay Administrator
    Staff Member Admin Miami 2018 Owner Social Subscribed

    Dec 1, 2000
    64,475
    Southlake, TX
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    Rob Lay
    I know the 355 market better, they were floor at $45-60k. 360's maybe $75k?
     
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  2. WashingtonFerrari61

    WashingtonFerrari61 Formula Junior

    Jun 26, 2022
    504
    Northern, VA
    What mileage 360 would fit the 75k price floor?
     
  3. rob lay

    rob lay Administrator
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    Dec 1, 2000
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    the floor is higher miles, a little more worn, might need a little attention. not a salvage car, but not a perfect one.
     
  4. WashingtonFerrari61

    WashingtonFerrari61 Formula Junior

    Jun 26, 2022
    504
    Northern, VA
    I can see possibly 75k for a worn 360 but I can’t ever see a 355 touching 45k ever again unless it’s really beat.
     
  5. rob lay

    rob lay Administrator
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    Dec 1, 2000
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    we'll see, my point was just saying there is room to go down, but I doubt we'll hit those floors either.
     
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  6. tbakowsky

    tbakowsky Two Time F1 World Champ
    Consultant Professional Ferrari Technician

    Sep 18, 2002
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    They could..if the government makes it difficult or inconvenient to own one. Personally I'm not seeing a very bright future beyond our kids. Many are just not interested in the cars..or driving for that matter..

    Lots of big collections are being sold off because the families want nothing to do with it. When you grow up around cars..they are not speacial anymore. Some may have sentimental value.
     
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  7. WashingtonFerrari61

    WashingtonFerrari61 Formula Junior

    Jun 26, 2022
    504
    Northern, VA
    I do agree with a good portion of this post. I think the gear head type kids are almost nonexistent. In the 90’s I was full swing into the Fast and Furious life well before the movie ever came out. Kids today never modify and build motors or have interest in it.
     
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  8. audi_328

    audi_328 F1 Rookie
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    Jul 13, 2005
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    I dunno about the over any Ferrari part (and they are part Ferrari, after all)…but they’re pretty awesome cars. One showed up at a C&C last year near me. It got some attention for sure, and of course most people had no idea what it was.
     
  9. tbakowsky

    tbakowsky Two Time F1 World Champ
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    Sep 18, 2002
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    That car is very generational, and appeals more to the rally crowd. I don't think it's as popular in "normal" circles as it is with car guys. There is one local to me that occasionally makes an appearance. To be honest, it doesn't really attract that much attention over any other vintage exotic..
     
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  10. audi_328

    audi_328 F1 Rookie
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    I agree with that; if you know what it is, you know what it is. Around other vintage exotics, I imagine it wouldn't stand out so much, but at the "normal" C&C I was at it people just didn't know what it was. Plus I'm in NH, in a sea of cars at a C&C there's only a handful of exotic cars.
     
  11. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,244
    Mount Isa, Australia
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    Pap
    I have a work mate that just purchased a new Telsa Model 3 for his Wife.

    Told him to wake up to himself.

    We live in Outback Australia, 2000kms from the nearest Telsa dealership where he purchased the car from.

    They have promised him warranty and customer support etc, but we will see how that goes lol.
     
  12. Pastaboy1980

    Pastaboy1980 Formula Junior
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    Mar 31, 2023
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    Rolling Hills
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    Fra
    Why would I buy a car that drives itself lame
     
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  13. Pastaboy1980

    Pastaboy1980 Formula Junior
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    Soon or Ferrari will be worthless relics of a bygone Era
     
  14. Pastaboy1980

    Pastaboy1980 Formula Junior
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    Like a slide rule or Abacus worthless and irrelevant regulated into obscurity
     
  15. tbakowsky

    tbakowsky Two Time F1 World Champ
    Consultant Professional Ferrari Technician

    Sep 18, 2002
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    I would love a car to drive me to work and back home again. It is very possible that it would rekindle my love for driving, if I only got to do recreationally.

    Fighting traffic is stressful and exhausting. It does have a pretty big effect on you.
     
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  16. Pastaboy1980

    Pastaboy1980 Formula Junior
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    Not me I don’t work
     
  17. ForeverNA

    ForeverNA F1 Rookie

    Dec 14, 2014
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    this is a true FU answer. I love it!
     
  18. ForeverNA

    ForeverNA F1 Rookie

    Dec 14, 2014
    2,629
    I live in CA, don't make me regret posting here what I should have posted in P&R section.
     
  19. Pastaboy1980

    Pastaboy1980 Formula Junior
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    Mar 31, 2023
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    I’ll drive your Ferrari For you!
     
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  20. Pastaboy1980

    Pastaboy1980 Formula Junior
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    Ferraris are like Lays you can never stop at one,
     
  21. Pastaboy1980

    Pastaboy1980 Formula Junior
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    my Ferrari is much cheaper than your ex wife
     
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  22. Sunshine1

    Sunshine1 Three Time F1 World Champ
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    Jan 22, 2011
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    It was the opposite for me thanks to a solid prenup :D;)
     
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  23. JP365

    JP365 Formula 3

    Mar 8, 2007
    1,438
    Chicago
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    Not trying to hijack the value thread, but I have to disagree and give you a ray of hope. I teach HS English and Social Studies. I’m also the faculty moderator of the auto shop club. We meet every other week and I have 28 students on the roster. There are teenagers who want to know how to work on cars.
     
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  24. 05F430F1

    05F430F1 F1 Rookie
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    #74 05F430F1, Oct 7, 2023
    Last edited by a moderator: Oct 9, 2023
    Great, we found the last 28 who give a **** about cars.


    Sent from my iPhone using FerrariChat
     
  25. tbakowsky

    tbakowsky Two Time F1 World Champ
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    Sep 18, 2002
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    I hope you are right. Being a mechanic myself for 30 years or so. I see plenty of kids THINKING they want to work on cars. Once they actually work in a real world shop, working on real world cars..they are very quick to leave the Industry and never look back.

    Out of those 28 kids..I would bet maybe 2 see it through as an actual career choice. It's a really crappy job.
     
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