the Ferrari market watch thread | Page 771 | FerrariChat

the Ferrari market watch thread

Discussion in 'Australia' started by ashsimmonds, Oct 21, 2006.

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  1. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    yawn

    the biggest risk with buying your car is the history that it will be burdened with by your ownership.
     
  2. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    What?
     
  3. ButchFoord

    ButchFoord Karting

    May 3, 2014
    116
    Sydney
    Full Name:
    Aaron (Butch)
    Exactly my point e.g. a gold ring could be priceless to an individual because of, say, sentimental value, even though that ring's market price will only ever be determined by its gold content.

    Price is objective whereas value is subjective. Obviously this also applies to cars etc.
     
  4. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    I think it's splitting hairs, tbh.

    The reality is, we're talking about cars and, except in very unusual circumstances (which I have never witnessed with cars btw), the value AND price is the same if the car changes hands. As I already said, I'm not talking ASKING price, but the ACTUAL price.

    Of course that theory falls in a hole if, like with grigio, a car is sold for significantly less than market value. In some cases it's hard to determine, but enough 308s have sold to give a good indication of value/price/cost (call it what you like)...which was also the case a few years ago when the discussion was posted on here with myfazzman
     
  5. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,767
    Melbourne
    Full Name:
    Rennie Stein
    Yep. I see the same 308 GTS's on pistonheads month after month with 60-70K sterling price tags. And that is in the hottest 308 market in the world. Vintage is quite niche here in Australia, aussie muscle cars excluded. I don't see too many arbitrage opportunities do you?

    Oh, I see that white aussie del 308 GTS Qv bought from CTS late last year or beg of this year for $A 150 k for sale at 109K sterling. Been there for quite a while despite it being 14K miles and rust free.
     
  6. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,767
    Melbourne
    Full Name:
    Rennie Stein
    Yes. It was in the showroom when i was there on Saturday. Probably didn't have the chance to update their website.

    Interesting car. Very nice colour combo with the Oz delivered chrome mirror.
     
  7. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    do you have a point, or are you still trying to compare asking price with value compared to future value? L.O.L.
     
  8. FazzerPorscheman

    FazzerPorscheman F1 World Champ

    Jul 28, 2010
    15,014
    Piz Gloria
    Full Name:
    EnzoFerdinand
    So there is a formula?

    FV = PV x **** only knows.
     
  9. Horse

    Horse Three Time F1 World Champ
    Owner Silver Subscribed

    Dec 1, 2005
    34,843
    Brisvegas
    Full Name:
    Jon
    Ferrari Value = Porsche Value x **** only knows?

    So **** equals 20? :D
     
  10. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,767
    Melbourne
    Full Name:
    Rennie Stein
    Oh sigh......poor comprehension skills.....current value of anything of value reflects its future value.......read any definition of an asset and it includes the term "future economic benefits". Dingbat!

    And please quote me correctly......not incorrectly paraphrase.

    Very tawdry tactics and unbecoming of someone of your reputed intelligence.
     
  11. FazzerPorscheman

    FazzerPorscheman F1 World Champ

    Jul 28, 2010
    15,014
    Piz Gloria
    Full Name:
    EnzoFerdinand
    Sigh!

    FV is Future Value
    PV is Present Value

    GG is Horse

    PeePee is KK. :D

    Enjoy your lunch on Wednesday. I can't make it. :(
     
  12. MrGrigio

    MrGrigio Formula 3

    Dec 19, 2011
    1,767
    Melbourne
    Full Name:
    Rennie Stein
    Now that is funny...LOL
     
  13. yasmin

    yasmin Formula Junior

  14. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
  15. Horse

    Horse Three Time F1 World Champ
    Owner Silver Subscribed

    Dec 1, 2005
    34,843
    Brisvegas
    Full Name:
    Jon
    I'll text you. ;)
     
  16. Steve355F1

    Steve355F1 F1 World Champ
    Owner Silver Subscribed

    Aug 26, 2011
    16,360
    Adelaide, South Aust
    Full Name:
    Steve
    Read the ad. He says cash only. Lol
     
  17. FazzerPorscheman

    FazzerPorscheman F1 World Champ

    Jul 28, 2010
    15,014
    Piz Gloria
    Full Name:
    EnzoFerdinand
    Stay away from the Thai joint.

    They're still in post-op recovery from the last time. ;)
     
  18. Horse

    Horse Three Time F1 World Champ
    Owner Silver Subscribed

    Dec 1, 2005
    34,843
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    Jon
    The Thai joint is compulsory!

    Why can't you make it?

    Laundry sink not working?
     
  19. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    as if he knows where the laundry is.
     
  20. ihavearedferrari

    ihavearedferrari F1 Rookie

    Nov 23, 2007
    3,316
    Sydney
    Full Name:
    Adam
  21. Birel

    Birel Formula 3

    Sep 12, 2005
    1,883
    Brisbane
    Full Name:
    Andrew Turner
  22. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    wow!!
    awesome looking car though.
     
  23. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    58,458
    Australia
    Full Name:
    John
    Has the world gone mad ??!!

    I love these fiats nearly as much as the fiat I've got .... I would love to have a Ferrari
     
  24. DavidJames1

    DavidJames1 Formula 3

    Mar 6, 2010
    1,694
    Bangkok, Thailand
    Gorgeous
     
  25. Ferraridoc

    Ferraridoc F1 World Champ
    Owner Silver Subscribed

    Jun 20, 2012
    16,203
    Gold Coast, Aust.
    Full Name:
    Patrick
    328 (pre ABS, by the wheels) in the next Shannon's auction - guiding range 85-105K
     

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