Cheap Enzo

I guess how I applied his quote was that some Enzo owners are fearful now, so in turn thoughs that can play can get a steal of a deal!

 

Agree. Ferrari are not unmindful of the state of the economy

 

Christ, I thought I would read about an Enzo for sale but now I'm cr4pping myself incase someone tries to bite a chink out my arm!!!

For you guys that have seen it all before, its a little scary to us that have not and very much unimaginable.

 

+1

 

So where exactly is this car located? If the price is right I have a buyer.

 

Excuse my ignorance on the supercar market as I am years from being able to afford one however, with many people saying that if Enzo'***** $350k then they can afford one, wouldn't that alone drive the price back up?

If more people can afford one, the bidding up process will start, eliminating people on the bottom and only keeping those willing to pay over $350k for one? Basic supply/demand principle? Or I may be entirely wrong, it's been known to happen!

 

Very true, and that can happen with all Ferrari's...

 

I was under the impression the M1 project was canned completely. Same with the M3 CSL

 

PM sent, get back to me please

 

Please get back to me ASAP, if price is right its sold

 

This was the original post on 11-12-2008. Today is November 15, which is later than "tomorrow."

As I said, when those words (or words to that effect) are spoken, then there is a high degree of probability that it will not happen on time, and the price will be lower than expected.

And, this is EXACTLY why I have been posting the same message for months. For all you sellers, GET AHEAD OF THE CURVE.

Imagine prices like a roller coaster. If you are headed downhill and picking up speed, you need to price your car 'ahead' of the roller coaster, so that the transaction time will allow you to be at market when it closes. Otherwise, if you price it where you are right now, you will have moved down by the time the transaction occurs. So, if you need to sell, price it 5% to 10% below current market. Then, a month after you sell it and prices are even lower than your price, you can say that you did the right thing.

I'm just saying . . .

 

well im still waiting to here back, i want to here a price or talk to owner asap, if he wants it gone tell him to get back to people, at least tell us if its sold

 

Yeah, you come off like a guy looking for a high 6 figure car.... I'd jump too!

 

LOL' Def agree wit dat yo

 

We have massive deflation at the moment but if the right mix of events occur, we could start to have massive inflation (say in 2010). Then, Enzos will be worth well over 1 million again but the vast majority of buyers will be foreigners who will be exporting the cars.

 

Haha funny, but i am looking for one, not for myself, but does it matter, im serious about having it sold and if the price is right i have a buyer for it, i can almost guarantee it will be sold if he can just get back to me.

don't judge a book by its cover

also looking for a 288 GTO and black on black SLR if anyone knows of any

 

what no veyron...

 

No sorry

 

Now there's a market that will be destroyed...without any guarantee of prices on those cars ever coming back.





Hmmm...speaking of which...it's getting to be time to revisit our predictions for the next Arizona auction.

 

Cool Jim. Thanks for the closure.

 

"Anyone buying a car today is paying a fee of 30-50% to own it vs where prices will bottom."


That's just fantastic advice IMO. Patience. Prices for all the 60s cars I've been following clearly are falling, based on the asking prices alone ....