Carrera GT values taking dump, owners bailing??? | Page 4 | FerrariChat

Carrera GT values taking dump, owners bailing???

Discussion in 'Porsche' started by tubeguy, Sep 30, 2004.

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  1. Gary(SF)

    Gary(SF) F1 Rookie

    Oct 13, 2003
    3,637
    Los Altos Hills, CA
    Full Name:
    Gary B.
    I guess I should get used to repeating myself. No, it's about the entire experience, the feedback the car gives you, the confidence it inspires, etc. Go out and drive a GT3 and a 360 back to back on the same twisty roads and I don't think we'll have to continue the conversation. Same is true for a Corvette vs a GT3, or an Evo vs a Corvette (although that may be closer).


    Well, I'm speculating, too, and as you can well imagine, it'll be a long wait to my Enzo arriving, but I would put money on my statements.

    Gary
     
  2. Hubert

    Hubert F1 Rookie

    Jan 3, 2002
    2,642
    The Left Coast
    That's all well & good, but my panties get in a twist when people bring marque comparisons into statments pertaining to their, subjective, assertions; i.e., the ferrari FEELS better to YOU, and you enjoy ITS feedback, allowing YOU to have more confidence in the car. Those describtors are all about you and your own car, having no basis in one brand being superior to the other, it's simply your perogative. How a thread on CGT values turned into a discussion (again) of ferrari v. porsche, is a portent example of what gets me aggitated.




    Sounds good. Loser buys lunch at French Laundry.
     
  3. dave_fonz_164

    dave_fonz_164 Formula 3

    Mar 11, 2004
    1,658
    Montreal, Canada
    Full Name:
    Davide Giuseppe F.
    i dont get it, Zo6's and Viper's humilate porsche's all day long for half the price and here u have some porsche fanatics claiming their cars are well priced compared to a ferrari, if anything, Pcars are overpriced as well.

    as much as a pcar can perform parallel to an fcar, it will never be n i nthe same league, stop comparing them.
     
  4. Gary(SF)

    Gary(SF) F1 Rookie

    Oct 13, 2003
    3,637
    Los Altos Hills, CA
    Full Name:
    Gary B.
    I've had way too many Porsche friends buy 360s or Stradales after a ride in one to think I'm living in my own little dream world. Have you done the back to back test? I'd love to know what you think of the 360 compared to the GT3 on sports car roads. And you've got to break the panty habit! :)

    BTW, the post that got OT and started this part of the thread was 911Fan saying Porsche's engineering was far superior to Ferrari, that's a hard one for any Ferrari owner to pass up without a response.

    Gary
     
  5. 5to1

    5to1 Formula Junior

    Mar 15, 2004
    523
    I think this is where the whole P versus F **** started.

    As usual its gone way too far.
     
  6. f328nvl

    f328nvl Formula Junior

    Nov 10, 2004
    851
    Herts
    Full Name:
    John
    Money talks:

    1988 Ferrari 328 Cost new £33k value today £35k
    1988 Porsche 911 cost new £37k value today £10-12k

    They make 'em better for the UK, don't know about the US.
     
  7. 5to1

    5to1 Formula Junior

    Mar 15, 2004
    523
    1856 "Black on Magenta" of British Guiana stamp Cost New 1 cent

    Cost in 1980 $935,000
     
  8. f328nvl

    f328nvl Formula Junior

    Nov 10, 2004
    851
    Herts
    Full Name:
    John
    eh? the point being?
     
  9. twatson

    twatson Karting

    Feb 3, 2004
    70
    Put a stamp in the glove box of your Ferrari or Porsche and they will both appreciate with time..........
     
  10. 5to1

    5to1 Formula Junior

    Mar 15, 2004
    523
    F328nvl

    I was going to say the figures you quoted don’t mean **** until you qualify them with a reasonable hypothesis. And provide arguments against the plausible alternatives.

    It was a farcical example of where the logic I perceived you were trying to purvey leads.

    But now, I think I'll go with ****son :)
     
  11. Aureus

    Aureus Formula 3

    Money talks eh? Then how the hell does the 1988 Porsche 911 cost £4,000 MORE than the Ferrari?

    Meanwhile some Porsches, like the first generation of the Turbos, have virtually ignored depreciation and cost the same now as they did new, maybe even a bit more.
     
  12. tubeguy

    tubeguy Formula 3

    May 21, 2003
    1,041
    Upland California
    Full Name:
    Kevin Deal
    Good point...some of my friends in Europe think a lot of the Corvette and Viper. Imports are many times thought of in a better light...going either direction.

    There is no reason to spend over $100k for a car from a performance standpoint. I have two f-cars but Germans do it better from the standpoint of engineering and durability...and a glove box and cup holder...nothing wrong with that
     
  13. f328nvl

    f328nvl Formula Junior

    Nov 10, 2004
    851
    Herts
    Full Name:
    John
    The economist in me will reply:

    The question is about the value of Porsche vs Ferrari, in an holistic, subjective, "which stirs me more" sense of value. The hypothesis, that I am responding to is that Porsche is "better" than Ferrari (or vice versa, doesn't matter) and therefore I don't need an Hypothesis.

    The long term evidence of like for like comparisons of the change in monetary value (an objective measure that distills the preferences of the many) of cars pitched at similar customer over 15 years adds to the weight of the argument that it's wrong to say that Porsches are more valuable.

    There are clearly counter arguments, (greater supply of Porsches being the obvious one) but you haven't put any forward on this occassion. Since you haven't filled out any of your profile I have no idea with whom I'm arguing - You may be a teenager or a Harvard econmics professor. In either case, it does mean s**t!
     
  14. DodgeViper01

    DodgeViper01 F1 Veteran

    Oct 1, 2003
    6,867
    Agreed but probably mid to low 300's in a few years. TOO many were made.
     
  15. Aureus

    Aureus Formula 3

    Fine I'll put up the *correct* numbers, all in US dollars.

    1988 Porsche 911 Turbo MSRP 69k
    1988 Ferrari 328 GTS MSRP 77k

    Market price for a 1988 911 Turbo according to Autotrader is about 40k.
    Market Price for a 1988 328 GTS is about 40k-56k acording to these guys

    The depreciation between them is actually rather similar based off MSRP. However, and I can't verify this via a source, I've heard on here a few times that 328s were selling for much more than MSRP and that their real depreciation is probably much more than 77k to 40k indicates.

    Besides which I don't have any idea why you think your argument has any weight when you are trying to claim a bone stock standard 911 cost MORE money new in 1988 than a 328 cost new in 1988!
     
  16. 5to1

    5to1 Formula Junior

    Mar 15, 2004
    523
    I think perhaps the economist in you should have read the thread first.

    It was originally about the CGT.

    Then it was taken of course, to become an argument about the engineering prowess of the two companies.

    The “question” was never as now suggested by you.

    And it’s interesting you now question my post when it is in the same vein as your original post.

    To elaborate. The stamp detailed in my previous post is inferior to many of its siblings. But due to rarity is valued at over $1m dollars. Therefore, I was putting forward the counter argument that you have neglected to take account of supply.

    However, I preferred ****tson’s explanation in the end 

    And if I listed myself as an Oxford Economics Professor would it make my arguments any more or less relevant?

    This is an internet forum, I suggest you judge people on the basis of their posts.
     
  17. f328nvl

    f328nvl Formula Junior

    Nov 10, 2004
    851
    Herts
    Full Name:
    John
    I replied to a specific post - look back and you'll see it's quoted in my original comment. Most people in here have politely said that they prefer to know with whom they are chatting without causing any offence.
     
  18. 5to1

    5to1 Formula Junior

    Mar 15, 2004
    523
    I read the post you quoted with your comment.

    I couldn't really see how you got to this from it

    Although I guessed perhaps the residual values you quoted were to show that the Ferrari out "performed" the Porsche in resale. But then the stamp out performed both. I could have posted residuals of other relatively POS cars but thought the stamp was funnier.

     

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