So if gts are now 400k, what are gt's? | Page 2 | FerrariChat

So if gts are now 400k, what are gt's?

Discussion in '206/246' started by philt68, Nov 24, 2012.

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  1. tx246

    tx246 F1 Veteran
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    Nov 4, 2003
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    Shawn
    Fantasy Junction just listed 03628, a US spec GT, for $249,500.
     
  2. HMB-Dino

    HMB-Dino Formula 3
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    Jun 28, 2010
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    RonG
    Too bad it's a US version. It makes me wonder what a Platinum level Euro GT might go for.

    Odd...I competed against this at Concorso, yet I don't seem to have any pictures of it.

    My observations at first look;
    - silver radiator fan blades
    - Pirelli tires
    - silver/chrome wiper blades
    - front boot lid support on passenger side??
    - 4-eared expansion tank cap
    - jack missing crank handle plastic cap...possibly also jack top plastic cap
    - banged up instrument cluster panel fascia (top left thumbscrew location)
     
  3. GermanDino

    GermanDino F1 Rookie

    Aug 14, 2007
    3,502
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    Matthias
    guys, let`s calm down....
    prices north of 400.000,- US$ for a GTS isn`t sustainable... to many cars produced...
    I hope the market will come back to more realistic price levels soon, if not, that will cause problems in the future....
    having worked in investment banking for many years, I can tell you I have seen these market pattern before, too often....

    Regards Matthias
     
  4. 4CamGT

    4CamGT F1 Rookie

    Jun 23, 2004
    2,837
    Southern California
    #29 4CamGT, Nov 25, 2012
    Last edited: Nov 25, 2012
    The FJ Dino looks pretty nice. I would say priced correctly for current market conditions. I would say GTS's have reached their peak and agree with Matthias' comments. GT's however, are gaining momentum and still have much more room to appreciate for many reasons outlined in previous threads. BTW, I've only had great experiences with Fantasy Junction.

    Freeman
     
  5. HMB-Dino

    HMB-Dino Formula 3
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    Jun 28, 2010
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    For those of us with no desire to sell, it's fun to watch the perceived value of our Dino's continue to rise. Just like the house you plan to own forever or the stocks you're in for the long haul, you know valuations will rise and fall over time.
     
  6. tx246

    tx246 F1 Veteran
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    I think the real market for a nice GT is around $200k and for a nice GTS around $250k.

    I am very surprised that the $400k talk hasn't drug more basket case cars out of hiding.
     
  7. 4CamGT

    4CamGT F1 Rookie

    Jun 23, 2004
    2,837
    Southern California
    Just remember, you can never pay too much, you can only pay too soon!

    Freeman
     
  8. GermanDino

    GermanDino F1 Rookie

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    that sounds very much realistic to me...
    almost same price levels here in Europe, gap between GT and GTS slightly wider over here....
     
  9. jnk

    jnk Formula Junior

    Nov 12, 2010
    346
    I would respectfully disagree with that. Nice cars have not seen those numbers for 24 months or more. Of course "nice" is in the eye of the beholder. I think that a well maintained GTS with books and tools will easily sell for 300 all day long. If you have a flair and chair car add 50k.
     
  10. Pantdino

    Pantdino Formula 3

    Jan 13, 2004
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    Jim
    That's the problem -- one person's idea of nice is a mechanically sound "20 footer" that he can enjoy driving without worrying about a stone chip and the other's is a 99 point car that only drives from an enclosed trailer onto the concours field twice a year. You really have to specify what you are talking about.

    That >$400K GTS at Monterey this year was an outlier. But IIRC Nerodino sold his GTS for 195K GPB-- about $320K -- this summer. So the GTS that sold at ca $330K was about market.
     
  11. apuseni

    apuseni Karting
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    Mar 6, 2010
    133

    When the Bernanke put ends we'll find out what the real value is.
    Until then, sky's the limit.
     
  12. tx246

    tx246 F1 Veteran
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    What I am referencing is a VERY NICE driver Dino.

    Above and below tend to add or subtrack, sometimes on a non-linear level.
     
  13. tx246

    tx246 F1 Veteran
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    #38 tx246, Nov 25, 2012
    Last edited by a moderator: Sep 7, 2017
  14. Pantdino

    Pantdino Formula 3

    Jan 13, 2004
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    Jim
    Dinos have been worth considerable money for about 20 years now. I doubt there are many "drove when parked 10-20 years ago" cars around.
     
  15. abstamaria

    abstamaria F1 Rookie

    Feb 11, 2006
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    Andres
    It's crazy money. The Dino seems to be overtaking the Daytona, which is surprising to me. All these high prices aren't good for us enthusiasts.

    Andy
     
  16. philt68

    philt68 Formula Junior

    Aug 26, 2008
    969
    new york city
    It's about bloody time the world noticed that the Dino is better looking than the Daytona...:)
     
  17. GermanDino

    GermanDino F1 Rookie

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    Matthias
    and much more fun to drive...
     
  18. abstamaria

    abstamaria F1 Rookie

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    Andres
    All true, but we're a prejudiced bunch!

    Best,

    Andres
     
  19. TonyL

    TonyL F1 Rookie

    Sep 27, 2007
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    Norfolk - UK
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    Tony
    Prices seem to be dependant on "desirability" If the car ticks all the boxes then it will sell, some seem to go very quickly, others hang around for ages.

    IMO i think the dino is a much underated Ferrari and one that will only [and continue] to climb in value, the problem for me is that i am now nervous about driving a car that is worth a small fortune.

    With so many so called experts losing billions $£ of your money in pension / share funds i cannot think of anything better than to own something tangible such as a Dino.

    Its nor just the dino, there are some very nice Aston Martins going for silly money too, a recent DB5 (james bond) went for over £350K.

    I came across an old classic car mag last night (2005) and would certainly like to buy some of the cars in there for the advertised amount. Hell i would even give them full asking price!!
     
  20. UroTrash

    UroTrash Four Time F1 World Champ
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    Jan 20, 2004
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    It has never occurred to me to drive less. Car seems just the same.
     
  21. Jamie H

    Jamie H Formula 3
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    Aug 28, 2009
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    +246. I bought it to drive it. It would make me crazy to have something that I couldn't use
     
  22. isuk

    isuk F1 Rookie

    Nov 11, 2005
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    Iain
    I loved my first example so much that I bought the other two for the very reason you cite Tony. I'm restoring them properly and intend to drive all of them until such time as I'm too old or need to start cashing them in one at a time to release equity. Unless you are putting on tens of thousands of miles(which I'd have thought unlikely) it's value won't diminish with sensible use. Condition and history are far more important. It's not as if the factory will be building any more and unless you have a sub 10k mile, one owner, 100% original paint and interior etc example then drive your car and enjoy it I say.
     
  23. TonyL

    TonyL F1 Rookie

    Sep 27, 2007
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    Tony
    I have to confess Iain to thinking the same. Good move to get a few more as well, i wasnt that smart, i could see it but didnt act. Would love to see your collection one day.

    My issue is that with rising prices, spares are following the same graph
     
  24. ferrari-nut

    ferrari-nut Formula Junior

    May 24, 2005
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    ANTHONY
    Believe me, they are ........
     
  25. UroTrash

    UroTrash Four Time F1 World Champ
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    Is that true? I haven't had to buy anything but minor parts for a while so I didn't know. On a bright note, it may make reproducing parts viable like the engine bay light recently discussed here.
     

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