Ferrari F80 value thread | Page 10 | FerrariChat

Ferrari F80 value thread

Discussion in '288GTO/F40/F50/Enzo/LaFerrari/F80' started by roma1280, Nov 12, 2024.

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  1. ross

    ross Three Time F1 World Champ
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    Does he still play with legos? :)
     
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  2. JAM1

    JAM1 F1 Veteran
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    Does he like Cybertrucks? :D
     
  3. Eilig

    Eilig F1 Rookie
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  4. Keen

    Keen Karting

    Dec 9, 2014
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    Looks amazing here.
    That very tense and almost straight profile sideline gives it an '80s Group C race car vibe that I really like. To that, it also contributes the very low and narrow (compared to the width of the car) cockpit, which from the front looks like the 'bubble' of race prototypes of that era.

    You can also notice how wheel archs do sit extremely low and close to the ground by looking at how - at the rear - they have to follow the shape of the wheels (almost like a thin layer of skin over powerful muscles) to provide space to them.

    Also, if you look at pictures from Finali Mondiali with the F80 placed nearby the 499P, you can notice that wheel arches and cockpit of the car are basically as low as those of the 499P.
    This is impressive even for road legal supercar standards, because LMH (and previous LMP1) race cars are extremely small and do sit very narrow on the tarmac.
    In fact, when they are seen close and/or approaching GT3 race cars during races, they do make said GT3 machines look almost huge and inflated.

    On the streets among normal cars, the F80 is really going to look like a spaceship.
     
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  5. MDEL

    MDEL F1 Rookie
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    In the restricted group that includes the 288GTO, F40, F50, Enzo and LaFerrari, all cars without exception have increased a lot in value over the years. However, by a wide margin, the great champion of this appreciation is the LaFerrari whose average selling price since it was launched in 2013, 11 years ago, has increased in value to approximately $180,000 per year.

    Will the F80 have a similar appreciation to what has already happened with the LaFerrari? It is impossible to predict because to a large extent this will depend on the demand for cars versus the available supply. However, trying to put myself in the place of the buyer who has many millions to purchase just one Ferrari of the latest hybrid generation within this restricted group, I wouldn't hesitate for a second in choosing between the F80 and the LaFerrari. Obviously, I would choose the LaFerrari because I like its design much more than the one of the F80. Also regarding the power train, the LaFerrari has a pure V12 NA that has remained unadulterated. The LaFerrari is also a master piece of performance with a true Ferrari sound even though it isn't Hellaciously quick like the silent F80. Lastly, the LaFerrari with 499 units manufactured is a Ferrari rarer than the F80 of which 799 cars will be produced.
     
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  6. Lcawley

    Lcawley Karting

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    there is a good article in the most recent DuPont Registry Magazine about the F80 which includes the annual appreciation of 5 Ferrari supercars and also compares their appreciative to the S&P 500. Not surprisingly the article is very favorable on the F80 which it also addresses the three most controversial aspects of the car including six cylinder, high price and high volume. It is worth reading whether you agree with or not it includes some good empirical info.
     
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  7. Lcawley

    Lcawley Karting

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  8. roma1280

    roma1280 F1 Rookie
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    F80 at $6m - $8m?
    I’m going with no.
     
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  9. Caeruleus11

    Caeruleus11 F1 World Champ
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    I think the article makes a nice counter point to the criticisms.

    The only thing I take exception with is the notion of near guaranteed appreciation in values. Since other cars are valued around the reported price for F80, then F80 should be priced at those levels, and that there is an inference that the market will simply provide near instant appreciation. Very easy for a journalist to write, but reality is never that easy.

    I think the answer is no one knows, and no one can know until some of these cars get on the market. Since it will take them years to deliver all 799 cars, it means we won’t really know for a long time. Sure, there will be the rare flipped car, no doubt for a huge premium. But after a time, we will find out where the market really sees the F80.

    Charts like the one in the article make it all too easy to look at decades in a few seconds; but it is really quite something different to actually live through the time it might take to arrive at the appreciation. How much this matters to each lucky owner will be an individual matter, but I think most value their money and will want to know they’ve made a wise decision.
     
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  10. gzachary

    gzachary Formula Junior
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    IMO, I thought it was good, except for the first section on sound. This portion came across as defensive in its writing style. This section mentions that F1 engine sound quality has changed since moving to a V6 and that the crowd has accepted it. However, he did not address the relevance of this change to a road-going V6 engine focused on driving experience as opposed to an unrestricted exhaust performing for a time-limited, entertainment crowd experience. I wish he had written with more depth or research on the topic.
     
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  11. ross

    ross Three Time F1 World Champ
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    the 'crowd has accepted' the measly sounding F1 cars because THEY DO NOT HAVE A CHOICE...not because they like it.
     
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  12. MDEL

    MDEL F1 Rookie
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    Jerry, I couldn’t agree more with your analysis of the article.

    The article's snapshot refers only to the highest transactions for each model recorded this year. Honestly, it doesn't seem to me that this form of analysis is minimally rigorous to be able to assess the value of each of these models. For example, Classic.com uses a time frame of several years and an average value, which is much more realistic, as is shown in the graph below regarding the LaFerrari. Although all of these models have seen strong appreciation in recent years, anyone who follows the older ones knows that there have been periods, sometime long, of stagnation in which prices remained unchanged.



    Image Unavailable, Please Login
     
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  13. Caeruleus11

    Caeruleus11 F1 World Champ
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    Exactly Mario.

    And thus, this article, or anyone attempting any kind of constructive discussion, should also ask a question: do you want to be holding one of these during a period of stagnation or even, possibly, decline? If you ever purchase anything which carries a meaningful cost (which is relative) you should always ask how do you exit. You never really know how things will go. When these cars are new, you are at the beginning of that journey. Buying, for example, a 288 GTO today means the car’s position inside the collector world is very well established- and even then, values will fluctuate.
     
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  14. roma1280

    roma1280 F1 Rookie
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    Just the cost of money is around 5% a year in dollars, so every year your F80 owes you an extra $200,000 and that is not counting the compounding. At this level of dollar value and interest rates, these costs are not immaterial.

    I own a car that is up 50% over the last 10 years but I took money out of the stock market to buy it and that has tripled in that timeframe. That is a very material opportunity cost, literally millions of dollars.
     
  15. marcomodena

    marcomodena Rookie

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    So sad to think of the most high performance, technologically advanced vehicle from the best car brand in the world as another ETF...if you can, drive the damn thing 'til the wheels come off.
     
  16. Lcawley

    Lcawley Karting

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    I am glad the article promoted some discussion. I don’t buy any of these cars because I expect appreciation though I hope they do as it makes my balance sheet better, makes me feeler better and think I am slightly smarter. I buy them because I want to own them and enjoy driving them. At the same time I do like to buy at what I think is a reasonable price. Future values of anything in real value are uncertain.
     
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  17. day355

    day355 F1 Rookie

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    The best reasons, bravo !
     
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  18. Gh21631

    Gh21631 F1 Veteran
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    If you are gonna spend $3m+ on a car I don't think you are worried about appreciation and you likely have a more than a few others. You buy them because you can and want to, the rest is potential upside.
     
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  19. day355

    day355 F1 Rookie

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    Never! the day when F 80 is worth 8M, then an F 50 will be worth 15. Wait until you hear the absence of sound to understand that it will remain an "incomplete" car... And betting everything on power is one more mistake at an era a simple production car will end up very close to it.
     
  20. Caeruleus11

    Caeruleus11 F1 World Champ
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    I think this is entirely a personal discussion, but I would say whether it's $0.03 or $3m, people work hard for their money and want to be intelligent in how they spend it. Sometimes you take a flier on something, and that is, again, really a personal decision.

    I agree the real test is how does the car drive, but, until then, all we can do is guess based on specs, looks, sound, etc.
     
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  21. JAM1

    JAM1 F1 Veteran
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    They also didn’t use inflation adjusted purchase prices which skews all of the rest of their analysis to show larger gains/percentages.
     
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  22. roma1280

    roma1280 F1 Rookie
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    That’s not true at all. I have spent a lot of money on cars over the years and every time I ever bought a car I was worried about depreciation and yes I did have a “few others”. Making after tax dollars (or any other currency) is hard work, so I always worried about losing it even when I had a passion for the car. If I had to guess, I would say that a great many of the 799 people that have confirmed orders are wondering if it is a good idea to pay triple the price of the LF new price for the F80.
     
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  23. Gh21631

    Gh21631 F1 Veteran
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    It is certainly true at this level, perhaps not everyone but most. Guys I know could care less, rounding error to other expenses such as jets and 80' sports fishers, etc. Buying a $500k Ferrari or 3 is not the same thing.
     
  24. George330

    George330 Formula 3

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    Reality is very few -if any- drive these cars until the wheels fall off. I am sure one can buy a 458, 488, 296, drive it till the wheels fall off and have lots of fun with it. There is always a market for a 458 with 60,000 miles. There is no sensible market for a LaF with 60,000 miles -most buyers are mileage-conscious collectors- and if it existed it would be exceedingly painful on the financial front
     
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