Ya know..... I was going to make a counter post with a whole bunch of points about why this is more that just a bubble but why bother anymore. Brad (Kurt), I like ya bro...I really do but this thread has been totally derailed and this has become more of Brad vs. Fchat. I don't see how anyone is gaining any information with this. I've read your opinion on the subject and respectfully disagree with you. I'm just not going to get into the it's a bubble...no it not argument with anyone anymore. This whole thread is about the values and with members chiming in on what they're experiencing. Why? ....to sell, to hold, to adjust one's insurance. Yes, I have mine for sale and if it sells, I will post the amount so it may better help the forum members guide their own decisions. Other than that, I finally have the time to re/re the steering rack and will start a thread on that soon. Hopefully everyone will chime in on some tips for me there. Soooo......I'm out of the argument. Shamile Freeze. ...Miami Vice! Sent from my SAMSUNG-SGH-I747 using Tapatalk
I am right there with you. I don't understand it either. My Ferraris have between 18k and 26k on the odo and all look like 8k mile cars. They're cars. You use them and you care for them and you maintain them. They can be restored and be better than new. Big deal. They're cars. They're made to be used. Use them, love them, maintain them, polish them, enjoy them. If this is what you think goes on in Monterey that you're even more clueless than your myriad posts indicate. Monterey and Pebble Beach is a really a celebration of car culture with everything from vintage racing to road rallies, and just catching up with long time friends and car buddies. Money and future prices play essentially zero role in it at all. Maybe people talk about it after Monterey but not during. There's too much to see and do. If you're a true car fanatic you would love it. If you're miss debbie downer sour grapes aficionado, then you'll probably have as good of a time there as you seem have on Fchat: a miserable one. Kurt, if you look at what everyone says to you, and has been saying to you, maybe instead of arguing with them all you should consider if maybe there is a point there. Also, three quick facts others touched on in this thread: 1) you and Wayne think nothing alike. 2) your entire Ferrari "experience" is based on two salvage title cars that you owned briefly. 3) by all means, your behavior paints you exactly like a flipper/speculator and now you have sour grapes. Again, at the end of the day, isn't the best case scenario to have the exact cars you've loved all of your life and they're worth more than what you paid for them? I don't see how people see that as a bad thing. But as Jon said, if you love the car, you love the car; use it and enjoy it and who cares what it's worth. As I've said a jillion times on here, if you love the car more than money, it's meaningless anyway.
I like ya too Shamile and that's not my intention. Again, my cigar bet is on the table. I'm out of the convo as well. Big_Red if you want the bet, feel free to PM me Cheers
Lets see....my two cents. One........master craftsman forty + years. Hold ever major liscense and certification in PA and beyond. God knows how many of these have worked on in my lifetime. Point to this.......think carefully about the words you choose. Some very savy guys up here and and like the Chairman, been doing this a long time. Bubble or long term gain....anyones guess. Mine.......I think the TR's day has come. If the markets crap after the 2016 election.....then we will see what it is. I go with the fact the car has appeal and the markets don't. When your an investor you look to protect your investments. A TR ain't a bad place to be. Same for a BB or any other solid Fcar. As stated on another thread (B&I) if the the markets take a dive.......say hello to any F-40 because daddy needs one!!!
Joshua, not Jason. And not just Bo Derek, but Linda Evans and Ursula Andress as well! Okay, now back to serious discussion about the state of the TR market, hopefully with more input from those who actually care (potential buyers, potential sellers, dealers, whoever ).
You can always get a Testarossa "bargain" over the pond, in Norway they are still appreciating, used to be 500k nok, this guy writes he has much interest and one offer on his asking price 650k nok but are taking offers... it may be a euro model though? (ZFFSA17S000078187) Ferrari Testarossa 1988, 67*500 km, kr 651*500,- - One buck is worth approx 8.10 NOK today, eg asking $80k The Testarossa is just entering the classic car category, over here it happens when a car gets 30 yrs old and tax + insurance is getting cheap while value raise. When selling a (collector) car, never use the money on anything than getting another one or two, this will keep you into the hobby if it raise or fall. I live by that and have seen the values mostly raise since the early nineties (when I got into classic cars), the stock crash every 10-15 yrs take them down but the interest, inflation and occasional bubbles bring them back. Exception to the rule, if you needed the money for health reasons, over here it does not make much sense though (Health is paid by income tax). Love my Testarossa but it is not my dream car, I'd sell it to get a 246 Dino but in the meantime it fit perfectly in my garage. Have to free some cash to take that step and Hagerty indicate that the Dino values are on the top, buy, sell or take another aspirin? In the meantime have some fun.
IMO The importance or should I say impotence of this car these cars has been diminished in recent days.. a shame but reality..too many cars went up too quick.. Turned a lot of people off. Sadly the market has backfired for many.. This yellow car { Cams car } even with superior low mileage most likely will currently not receive offers over $300,000.00 if that. ...we gonna have to wait now , for the next cycle. Time to enjoy some driving for most.
Time will tell. Same thing was probably said about Dino's at $300,000 mark. Sent via itty bitty electrons
Are you kidding? Seems that bet was over a YEAR ago, and I think the Chairman won that one fair and square. Too bad Michael bailed on that car just a BIT too soon, but with his 512's will more than recoup.
Ah! Look who's back Hope you enjoyed your cold shower. No fret, I have added your name to the list below. You gonna have to work to gain your respect back but no doubt your minions will assist. https://en.m.wikipedia.org/wiki/List_of_monarchs_who_lost_their_thrones_in_the_20th_and_21st_centuries
The shower was refreshing and now I am just thirsty. I need quenching. When I read that post it was kind of funny. You came out of nowhere screaming. Just like Flavor Flav. I will refer to you as Flavor from know on. R
Ahh! Dathan, You seek Wisdom beyond my mere mortal means. Far be it from me to utter such magical advice, but I believe it was CONFUCIUS who once said it best... " If it is past the time to sell......it must be close to the time to buy." That was confuciusdesignltd
I heard you had a quite a tongue lashing from El Wayne... Glad to have you back! I managed to record your conversation with moderator Wayne I heard Rob ( Moses) is not too Happy with you. https://www.youtube.com/watch?v=D0Qcv3YV4aA
Well, this is listed as sold already: Current Inventory - Tom Hartley It was up at £175K GBP - or about $275k US / 250k euro - for a 20,000 miles car.... It was a member`s car on here until a few weeks ago, so safe to say it`s legit. To be perfectly honest I think this is just the start of Testarossa mania. Sure there`s speculators too - but they made too many overall for a few speculators to cause much of a price increase. I really think such a massive number of people grew up wanting one that 7000 of them made is tiny compared to the genuine demand for them by the general public - many who aren`t even car enthusiasts but just want one.... As the masses of the 80`s kids "come online" with the funds to buy, I think Testarossa`s will really take off. Dom.
Hi Dom, this is also one of the fallacies that many can't seem to grasp. Production numbers is not reality, the realists know that this number is under 6,000 cars or even less by now. The same notion exists with people thinking that their are 2,700 gt/4s left , that car at best is perhaps half world wide. With world population going to almost 10b by 2030, and India leading the largest middle class growth ( all statics pointing this way ) asset accumulation will be higher in demand in the future, not less. Too many indicators pointing towards things getting bullish, not bear. Watch out for those interest rate hikes in the U.S. By q4 this year
Im in the camp that sees the value continue to climb. I got 3 thumbs up on my round trip to the airport today. She is purring like a kitten. Im really curious what the fall-winter weather will bring to the overall sport car market. Im on the hunt for a 997 right now but its slim pickins. Ive historically bought during these quarters.
