Inflated Prices? Canada Market | Page 6 | FerrariChat

Inflated Prices? Canada Market

Discussion in 'Canada' started by slayerofsouls, Feb 19, 2016.

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  1. Lusso250gt

    Lusso250gt Rookie
    BANNED

    Aug 17, 2013
    38
    United Kingdom
  2. mik458spider

    mik458spider Formula 3

    Jan 13, 2013
    1,386
    For you guys looking at 360 or even 430, forget the $600K manual right away, go and try the Cayman GT4. I just got it last week, and I think this car corners better than 458 spider (I never tried the 458 coupe though). From other reviews I read about 430, it should corner much better than 430, forget the 360. And the power is just nice if you are not trying to chase a GT3. It's something like.....a big-gokart.
     
  3. Canuck550

    Canuck550 Formula Junior

    Sep 8, 2015
    462
    Incognito
    Full Name:
    RJA
    Its all relative to the weakness of the good old Canadian Buck....

    As long as the import market into Canada, is near the same price point as the local market, sellers will price accordingly.

    Prices of Ferrari's in Canada will remain at these levels unless there is a global market price adjustment or a vast change in the weakness of our dollar
     
  4. asb9987

    asb9987 F1 Rookie

    Dec 4, 2004
    4,191
    Toronto
    Full Name:
    A. B.


    That has to be a joke... Ferrari of Calgary sold a red on black/red 6spd 2008 F430 Spider with 27k kms for $214 just 6 weeks ago.
     
  5. slayerofsouls

    slayerofsouls Formula Junior

    Jul 8, 2014
    265
    Somewhere
    I just sold my Ferrari F430 for 5k less than what I paid for it (2 years ago)

    Gone down the Mclaren 650s route
     
  6. scuderia09

    scuderia09 Formula 3
    BANNED

    Sep 6, 2007
    1,045
    i have a 2009 Scuderia with only 6000klm it took a major hit when the 458 came out, then it rebound to double within 2 years , Scuderia market now with low klm are going for 375k US if you can find one that about 485k Canadian and still going up i,am glad i kept mine
     
  7. I'm 360 Canuck

    I'm 360 Canuck Formula 3

    Nov 21, 2015
    1,911
    Ontario, The Real One in Canada
    Full Name:
    Lars!
    I'm not commenting on niche models like scuds. There's so few transactions that occurs, it's hard to make any generalizations on the market overall. IMO the values of scuds, CS's etc has almost no bearing on the values for run of the mill 360-430's.
     
  8. I'm 360 Canuck

    I'm 360 Canuck Formula 3

    Nov 21, 2015
    1,911
    Ontario, The Real One in Canada
    Full Name:
    Lars!
    I agree, there are some very attractive alternatives at the price point of a gated 430. Even a mesger engine 911 turbo with a manual is on the same level performance wise, and for about $100k. But of course, Porsche do not have the presence of an f-car. But if it's all about presence, Lambo is the way to go.
     
  9. mik458spider

    mik458spider Formula 3

    Jan 13, 2013
    1,386
    #134 mik458spider, Jul 1, 2016
    Last edited by a moderator: Sep 7, 2017
    True. When you drive Ferrari, many people will look at you. When you drive GT4, nobody looks at you. But that's 458 or 488. I think nobody looks at 360 too nowadays, especially in Vancouver. Another thing is, if you get a 360 for example, it's like marrying a beautiful grandma. She would soon need a heart surgery, knee replacement, and taking medications everyday (In this case, medical fee is not free). While with the brand new Porsche, it's like marrying a teen, don't need to visit a doctor.
    Here are 2 photos.
    Image Unavailable, Please Login
    Image Unavailable, Please Login
     
  10. I'm 360 Canuck

    I'm 360 Canuck Formula 3

    Nov 21, 2015
    1,911
    Ontario, The Real One in Canada
    Full Name:
    Lars!
    #135 I'm 360 Canuck, Jul 1, 2016
    Last edited: Jul 1, 2016
    Lol...not sure the grandma/teen analogy works, because there is literally no good reason to marry a grandma, and I think the older fcar deserves more credit than that.....few of us would mind marrying a Dino!.... but I kind of get what you mean.
    To me, the Porsche is like ordering a salad....it's the smart thing to do...and maybe you can't go wrong with it. .but the older Ferrari is poutine or nachos....maybe you'll regret it later, but it's damn fun at the time.
    It's for that reason, if I was buying a true daily driver, I would undoubtedly buy a Porsche 911 turbo. But, for my needs, a fun car to play with on weekends 3 seasons of the year, and still leave some inheritance for my daughter, my list is 360, 430, Gallardo. And I have no delusions of ever going to a track, so track specs mean nothing to me. I'd rather go golfing. ;)
     
  11. rnelson

    rnelson F1 Rookie
    Silver Subscribed

    Oct 3, 2005
    4,729
    GT4 seems obscenely priced compared to loaded Cayman S.
     
  12. tbuff

    tbuff Formula Junior

    May 15, 2005
    681
    I just noticed there are 6 570Ss for sale with basically delivery miles. most are lease takeovers.

    Is this a quick flip? or is the car no good? Anyone with experience chime in?
     
  13. Jonsav

    Jonsav Formula Junior

    Sep 26, 2014
    338
    Canada
    I wouldn't think so, mclaren will be coming out with multiple variations of the 570, if you can be one of the first for the spyder or track version it could be flipped quickly for profit.
     
  14. tbuff

    tbuff Formula Junior

    May 15, 2005
    681
    The dealer has one for sale for 280. Then everyone else is at 305k plus. Seems odd?
     
  15. Gated

    Gated Formula 3

    Dec 21, 2009
    1,117
    In Toronto I'm surprised by the amount of attention the 360 gets. I didn't buy the car to get looks (I like the driving experience) but I don't imagine more than 1 in 10 average people could tell you whether a 360, 430, 458 or 488 was the newer car...

    Maybe you mean looks at The Shangri-La or profiling in a neighbourhood like Yorkville? ;-)

    Had one for a few day test drive...it's an f'ing weapon. Incredibly fast, great steering, decent ride, nimble handling and incredible interior quality. I was genuinely impressed.

    That said, hard to get in and out of (I'm 6'5") and you can't see the engine and I don't love the rear end styling. Incredible machine for $220K compared to a 911TT or over-hyped 991 GT3.
     
  16. godabitibi

    godabitibi F1 Veteran
    Silver Subscribed

    Jan 11, 2012
    6,279
    Papineauville, Quebec
    Full Name:
    Claude Laforest
    If a 360 is a grandma what is a 308. And those get a look. Maybe because it was the top model of the grandma!
     
  17. UpNorth

    UpNorth Formula 3
    Owner

    Sep 30, 2006
    1,767
    Quebec, Canada
    Full Name:
    Francois
    308 is Candice Bergen
    360 is Monica Bellucci

    And by the way...328 is Christie Brinkley. :)
    Oh and a TR is Kim Basinger!!
     
  18. starboy444

    starboy444 F1 Veteran

    Oct 7, 2006
    7,265
    Toronto, Canada
    Full Name:
    Lucas


    I'm enjoying my Monday morning newspaper, deciding on a nice 599...a few great examples between $150 - $190 USD on Ebay right now.

    I'm totally changing my mind right now after seeing this GT4 within the same price range to boot ! LOL :D
     
  19. Andrew D.

    Andrew D. F1 Rookie

    Jul 6, 2008
    3,979
    Goodwood Ontario
    Full Name:
    Andrew D.
    The bubble has burst. Read the latest values on Forza.
     
  20. samsaprunoff

    samsaprunoff F1 Rookie
    Silver Subscribed

    Jun 8, 2004
    4,183
    Edmonton, AB Canada
    Full Name:
    Sam Saprunoff
  21. samsaprunoff

    samsaprunoff F1 Rookie
    Silver Subscribed

    Jun 8, 2004
    4,183
    Edmonton, AB Canada
    Full Name:
    Sam Saprunoff
    Good day Andrew,

    What does Forza place the values at?

    Cheers,

    Sam
     
  22. Andrew D.

    Andrew D. F1 Rookie

    Jul 6, 2008
    3,979
    Goodwood Ontario
    Full Name:
    Andrew D.
    Examples:( Michael Sheehan quote) Maranello-height of market $170,000US now selling $105,000 US) sold in Mar '16. 2014 price $75-85,000. Look at Forza pg. 18 under bubble busters. US dollars. Just sayin,one mans opinion. Like I said in this column 2 months ago, be patient. No buyer wins by overpaying.
     
  23. starboy444

    starboy444 F1 Veteran

    Oct 7, 2006
    7,265
    Toronto, Canada
    Full Name:
    Lucas
    No Offense to 308 GTS or 308 GT4 owners... but IMHO these cars are barely collectible ..the high build numbers and so-so history don't warrant these high numbers.

    You could grab these for $40K 5 years ago... what has caused them to increase 5 times ? There is some sort of false market being shown here.

    If anything, these cars are a liability in finding parts, labour and repairs. You can't compare them to anything of the 60's and 70's, this was a totally different era.
     
  24. Andrew D.

    Andrew D. F1 Rookie

    Jul 6, 2008
    3,979
    Goodwood Ontario
    Full Name:
    Andrew D.
    Lucas, Sheehan says the same of all high production cars. The rare ones will always be collectable-ie 550 spider. The others are great ,but drivers.
     

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