When will the price threads ever stop?

Amen


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I agree.

 

come on now. Buyers need to know the market. Sellers need to know the market. Salesman need to know the market. Owners need to know the market for insurance reasons, maintenance reasons, etc...

TR price threads are very important.

 

The number one thing people talk about is other people. This is very, very closely followed by people talking about money. So quite frankly, I don't know what the OP is complaining about. "What's this worth and what's that worth" conversations aren't going away. Speculators will always be there, like them or not. Deal with it.

 

what ferraris have you bought with the pull back?

 

Short answer.....No

Its a Ferrari, discussing price is a normal activity for all the models.

 

Site wide and Ferrari circles wide it is a very common topic of discussion. It may not have threads titled and devoted to it but it is never the less one of the most common topics.

 

There were tons in 03 to 07 and then 08 to present




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From your mouth to god’s ears on your entire stock portfolio

Tank baby tank

 

The answer is simple. Not all of us are jillionaires, some of us are just crazy. While it is a given we are crazy, this doesn’t mean we are stupid. For example, I’d love to have a TR, but only because it is outrageous. There are a lot better sport cars out there. But to cruise down the road with a blues man at the wheel and a beautician in the back? Priceless, but only if I can sell the car and get my money back.


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There’s definetly a disconnect from some buyers and sellers in terms of pricing. Some people want to strictly follow what the last string of cars sold for as the only basis for the current market. So, some buyers and sellers are having a difficult time coming together to make a completed transaction (sale). Another question we all must ask ourselves when buying a car such as this is what is it worth to me? Some will answer that question with what ever the last comparable sold for. However, since there are a limited number of these cars available one must ask the other question what is the car worth to me? These can be two different answers. For me a really nice low mileage 512tr can be worth 200 plus if need be. Let’s say a 1993 Ferrari 512tr with 8,000 miles is for sale in perfect condition comes up for sale. There would be a set of buyers at every price point. Some although few would be available for 200k. More would be available at 180k plus range. Even more would be available in the 170 plus range. The savy seller knows this and just waits patiently. The buyer willing to pay 170-180k gets frustrated and annoyed. It then becomes how bad do u want the car and how long do you want to wait for one to hit your sweet spot. I realize most cars are a waste of money (you’ll lose money when buying). I’d much rather lose or pay on the high end on one of these cars then let’s say a new car. We all have to make that choice. Life is to short in some cases to wait for things you really want. Just pay up and get what u want. For me it will just be less I’ll leave to my heirs and I don’t care how much I have left when I die. So the extra 50-75k I need to pay doesn’t mean that much in the big sceam of things. I don’t reuse coffee grounds if u know what I mean. I almost bought a new zo6 two years ago out of boredom and I would have immediately lost 50k on that move alone. But this is car ownership for most people. Once again this is not an investment it is a luxury item only. No different than an overpriced Brionne shirt. Just on a larger scale. When do you want it and how much do you want to spend. We can’t control the sellers, many are willing to wait for their price. Just something to think about.

 

This wasn't a useless thread after all, great post and hit the bullseye. Im not a person to sit and wait and wait and wait, whats it worth to me is how I operate. Hey that rhymes. I could be dead in a week, or in 15 mins.

 

When “what’s the best......” threads cease, maybe?

 

Very true. As I get older people around me are dying all the time it seams. I figured I have about 20-25 years left which isn’t long. Just enjoy your hobbies isn’t that what is about. I love the fact you restore Ferrari’s. I’m sure u really love that and driving them of course. I say enjoy the money Newman! You won’t be enjoying it when your dead. Maybe someone else will. For some This is a battle you’ll rage forever or one you can control and win! The choice has always been yours. Enjoy life in good health.

 

Um, the answer is never. The price threads will never stop unless the site bans them.

I think they have their place.

I don't mind discussing the current prices.

What I hate reading about is "Depreciation" curves, and whether a model is at the bottom of its depreciation curve. What happened to buying a car because you liked it and could afford it, not because what you might or might not be able to sell it for in the future?

Talking about depreciation curves illustrates the commodification of the wonderful hobby of collecting cars, whatever your area of interest is.

 

When will they stop? Who knows. And yet, here you are starting another one!

 

Or as most have done with the questions in those threads .... trying to create a market.

 

I understand and see what the topic is. But you know this will once again turn into price discussion. Oh wait, it already did. Look at your OWN post (post number 12 here).

 

Obviously no one person can control the market. I wish all these cars were 50k or less. Just because you wish it so doesn’t make it so. And yes I’ll take the loss on my car to get us there. Lol

 

nat is the star