This is a 2nd low miles Scud from the same VW dealership. They had a Giallo Scud with 2k miles back in May.
Wow !!!! While crap!!!! Prices are going crazy ... I know of two sales within the last two weeks one for 235 and one for 245 but each had about 8 K miles
This report from Hagerty: on Monterey Suggests to me that Scuds may not participate in the same extent of the high value blue chip collector cars and the current price consolidation. "Individual trends remain consistent from Scottsdale and Amelia Island, and even late 2014 relatively modern cars are the ones seeing the greatest gains at the moment, whereas 1950s-1960s cars are no longer appreciating significantly, and 356s and long-hood Porsche 911s (1964-73) are stable or even down a bit (a pair of 1965 911s sold for particularly disappointing amounts at both Bonhams and RM). Porsches from the next decade and beyond, particularly air-cooled Turbos, continue the trend from Amelia of being white-hot, as do safety-bumper (post-1973) MFI 2.7-liter Euro non-turbo Carreras. Enzo-era Ferraris (with the exception of outliers like the Gooding $797,500 250 GTE) seem stable at the moment. The 365 GTB/4 Daytona is a decent canary in the Ferrari coal mine. These cars were selling for less than $200K 10 years ago, but theyve steadily increased over the last five years, blowing past $500K and then $700K in what looked like an inexorable march toward the million-dollar club. But theyve seemingly stalled out between $700K and $800K for the moment. At the other end of the spectrum, 246 Dinos, which seemed like a car with no ceiling in sight, have pulled back from the $500K mark. Even the Toyota 2000GT, a car that seemed to enter the million-dollar club a bit too fast, has pulled back, with two sales under $1 million in Monterey. More recent cars, however, continue to climb. Post-Enzo cars like the F40, 288 GTO and even more common cars like the 550/575, 308/328 and Testarossa continue to be in significant demand, with the latter two models nearly doubling in price year over year."
In my opinion it is too early for say If The Scud and The 16m will be collectors cars....Because they are too much new cars now! time will tell! .... actually two things are sure: The first is That Scuderia is what a Ferrari should be ( this from many many people) and The second one that his price now is for sure Not going down ( if is changing is changing in UP With his value). In my opinion is a car where U can bet .
Is it not inevitable that any limited run, coveted and from a premium brand will become collectable / a more demanding market place. If you take the older Ferraris as benchmark the new stuff (Cs / Scud / Speciale) will inevitably command a higher market position (basic supply and demand) and this is already being witnessed. Fast forward 20 years and god knows where these things will be - can bet your bottom dollar that they will be significantly higher than they are now (slowly slowly catchy monkey )...
What is the definition of a car reaching "collector car" status? I've never heard a formal definition, but I was thinking that when a car stops depreciating and starts appreciating it has turned the corner and is a collector car. Using that definition, both the scud and 16M have already reached this status.
Let me have a go, a collector car is a car that people desire as a collectible and don't just buy as transportation. If the car is no longer made and has started to rise in value from the fully depreciated price that can help too, but there are instant collectibles like the La Ferrari for example that fit the first part of the definition but not the second part. I think by any definition scud and 16M are collectible.
But don't all collectible cars appreciate because of their desirability? With increased demand, and limited supply, prices go up.
I always wondered if the math actually made any sense for some of these "collectible" cars if you took depreciation in to consideration from new. In many cases it does not, a $300,000 Testarossa today is still a loser in terms of "making money" from a $200,000 investment in 1985 when new. Buying a car new and holding on to it for 20 years as a collectible is not going to net anyone dividends (I am sure there are exceptions). I am of the mindset that says buy your sports car/exotic and drive it , a lot, that is the BEST way to get value from it.
But that's not how you do it. You buy after someone else has taken the depreciation hit, then ride the appreciation wave. If you do it this way, you can reap your dividends AND have a car you can enjoy. It's almost never a good idea financially to buy a new car.
