I really believe these cars will be worth 1 million within the decade
Quilted shelf and luggage but no Daytonas at a minimum just seems very unusual. Standard seats on this late of a 550 feel to me like a no options US car or euro (generally speaking). No data backing that up just my gut.
Based on the options listed….i think the parcel and headliner quilting must have been after the factory or it would have likely listed it as so. Not that it’s a problem it looks sharp.
$260,550 might as well be “horseshoe & hand grenade” distance to $300. Sexy car and the luggage helps for sure. Hope the new owner checks in with us.
I can see the very best Maranellos selling for around $500,000 in ten years, but that's it. It was never a halo car, and they made too many of them. Plus, the current enthusiasts will age out. Millennial buyers will go for cars like the F12 or 812. A Maranello will be too rough around the edges for younger buyers, kinda like a Daytona is today. Note: A F40 is worth four to six Daytonas in today's market. They both have the same horsepower. Think about that.
In ten years people who liked the 550 as a kid will be 30-35 that’s very young. I think the car will hit over a million for sure. A Daytona just sold for over a million at the dare to dream auction yesterday. A car who people who are 70 years old like
We can thank Luca for the 550. After years of mid-engined V12s, Ferrari once again made a front-engine V12. Seeing how it had been 20+ years since the Daytona, the Maranello was a modern car. It had ABS, air bags, and wonder of wonders, an A/C that worked! As a driver, it is far superior to a Daytona. But, a Daytona at full song on a road with sweeping curves is magical. You feel a one-to-one connection to an engine wrapped around with a car. If you crash, you're going to die, so don't crash!
Charlie…..there are some under 40 that appreciate the 456/550/575 but id wager a HUGE percentage….like more than 90% (?) of this cohort are over 45 and most are over 55. the 456/550/575 sweet spot to me feels like 50+. (I’m 50 coincidentally) I’ll also agree with @tazandjan in the Daytona is “a better Ferrari”….while I’ve not driven a Daytona, my perception is it’s more “raw/visceral”. In addition to being almost as sexy as a Maranello….
The early '70s were not good times for car guys. Frankly, I had other things on my mind. I'm convinced one of the reasons Daytonas have not achieved supercar status is bad timing. Ferrari couldn't give them away back in the day. F40s, on the other hand, came out of the gate as supercars. Many of the them were brought as an investment and put into air conditioned storage. Life is a carnival. Personally, I'm a driver not a collector. I need to be smart with my car money. Buying new and taking a $100,000 haircut just to be the first person to fart in the driver's seat doesn't work for me. But I could care less if my car goes up in value. Regarding Maranellos, they are following the typical pattern. The typical production Ferrari will depreciate to 1/3 of MSRP in 10-15 years. They bounce along the bottom for maybe 10 years. They then get discovered and start heading back to MSRP, which for most Maranellos was around $215k. Will they double this? Maybe. Will they become million dollar cars? Unlikely.
Don’t undertestimate the power of video games guys. A lot of guys grew up playing need for speed and will be able to finally afford that 550 maranello 30 years from now. Watch it go way over a million Image Unavailable, Please Login
C'mon.... They made 3000 of them. Assuming 25% are off the road permanently that still leaves well over 2000 available worldwide. How many are truly blue chip cars? Which to many is pretty irrelevant whatever someone wants to pay then... I would say the Average sale price is still well under $200k for realistic condition. You believe this platform will have a 5x return and appreciation run in a decade? I'll have what you're having! Also look at what contemporary cars that have breached the $1MM mark are out there.... like you said, even the Daytonas are now just reaching that 50 years later. And it has direct Enzo lore/connections. The BB platform seems to have stalled and plateued out. The Countach as well, with few sales if any reaching that threshold. What other regular production car has broached 1MM in the last 40 years? Porsche 959 or the new FGT? Much more limited and still not much over. Why would the 550 be different? Like was said above.... a great car, but not necessarily the best Ferrari, nor even the most iconic car out there. Now a 456GT..... HODL and too the moon!
I agree the 456gt will hit 500k easy. Extremely extremely under rated car. Better than the Dino no doubt. And will shoot to the moon same way the Dino did
One minor correction. After Enzo's death in the late '80s, Daytonas became million dollar cars for a brief shining moment. It didn't last long. Seriously, Daytonas are the best deal going in the vintage market. It costs a lot to keep them going, but damn...
Perhaps, Dale, but nonetheless Daytonas did well in competition. This NART 365 GTB/4, driven by Sam Posey and Tony Adamowicz, took second place in the GTS Class in the 1972 24 Hours of Le Mans... Image Unavailable, Please Login Image Unavailable, Please Login First place in that class was also a Ferrari 365 GTB/4 (Charles Pozzi Racing Team) driven by Jean-Claude Andruet and Claude Ballot-Léna, Barry
30 years from now a lot of us will be dead. I knida like the exotic car market cap idea that I heard Doug DeMuro talk about a while back. Multiply the number of units produced by the average selling price to get their "market cap" like you'd do for determining a public company's market cap. It gives a reasonably good indication about a car's valuation for comparing with other similarly desirable cars. For example the 550's current market cap is about $616k (3,083 x $200k). The Dayton's market cap is about $844k (1,405 x $600k). For the 550 to be trading at $1 million its market cap would be $3.1 billion making it worth more than the MB 300SL, McLaren P1, F40, Enzo, etc. As wonderful a car the 550 is, I don't see it trading in those ranges in today's dollars. Of course if you're factoring inflation the million dollar may be achievable 30 years from now, but everything else similar to the 550 would be trading in that range too.
Barry I’m not allowed to look at your posts with photos before I go in for my regular blood pressure tests! I’m gonna go find a competitizone Daytona video now on YouTube! #yesPlease
