I am 80 years old. I can get in and out of my 575 and my 430 just fine. I drive them all the time and I don't care about the value. I just enjoy them.
Put this in perspective— let’s just say your $100k in today’s dollars ferrari appreciates by 50% in 10 yrs...... will $50k really change anyone in this forum economically.... this value talk on a 100k car is silly. The real tragedy is the idea of keeping a beautiful car under wraps putting no low miles to possibly get a $50k payday in 10 yrs.... I can think of better things to do w my time and money and energy. not trying to be harsh here... just put some old guy perspective. ... plus the current cars that are being held by speculators while have low miles and a nice layer of armor coat will most likely have years of def main that can only be realized detected by driving them... so if you actually want to drive one of these closet queens prepare for some extra $$$$$ to make them road worthy. oh and 50% is generous..
I love this post. So true. My father , now 86, loved his Ferraris. His last, a Mondial qv, he loved the most as the most advanced and convenient. His list was the classic 60s and 70s Ferraris and muscle cars including several 427 Cobras. Point is he said everything goes up eventually. I’m still waiting for the Mondial to go up BUT I grew with the above post. I have a 360 and 430 gated. I love the 360. Period. And when these cars are old enough that the relative newness and technology doesn’t matter any longer, the feeling will dictate the price. Like the 458 and 488. Not looking to start an argument but this post is spot on..... As is the post about whether we will be alive to see it. The issue is that the relative timeframe for such appreciation has such an impact on the individual that it makes its occurrence irrelevant. Do I care that my 430 gated will be a million dollar car if I can no longer use it or I’m dead? And to a 86 yo like my dad who has had a stroke, does the extra million dollars mean anything? Nope. Thank you for thoughtful and provocative posts.
I think it’s pretty silly to compare a Dino to a 360, or a F430 for that matter. Rarity, production run, and simply the class of those cars will always demand a premium. If you really want to compare our cars it would be the the 308 GTB/GTS. Both were mass produced for their time, affordable, and extremely popular. The production run of the 308 mirrors that of the 360/F430 continuation. Like others have mentioned, it’s not really worth worrying about, no one buys a 360/F430 for collectibility and they certainly love to be driven regularly. It’s amazing how smooth they are the 2nd or 3rd day in a row you take them out, almost a different car in my opinion.
You seem to be misunderstanding an all-out ban (illegal in the US, ex post facto) and "target years" regarding FUTURE manufacture.
My first post wouldn't make any sense if I meant all-out ban The ban on the sale of new ICE exotics will mean used exotics will go up in value. Supply and demand.
You assume demand will go up. No one knows what will happen. How much demand is there for horse and buggies?
They may increase in value for a short time, but then the bottom will drop out once the gas car is no longer allowed to be drivin in busy city centers. Once the self driving car hits the road..that's it, say good by to any human operated vehical being allowed on the road. Maybe in very rural areas would it be allowed, but definatly not in the cities or the burbs.
Remember how we were always supposed to have flying cars by now? Self driving cars will be the same thing for decades. We'll all probably be gone by the time they finally work it out. The Tesla-style cameras w/ pattern recognition thing will simply never work for all circumstances. It's a pipe dream. Even for the "95%" situations where they will eventually work fairly well, they drive too slow for the infrastructure. They would require a huge amount of investment in new roads, which isn't happening. Lidar systems could maybe work but are far too expensive to put on luxury cars, let alone the cheap disposable cars that make up most on the road.
This. Look at what your annual return is on other investments. Then realize that any gain on your Ferrari is minimal, drive it!
Cars and Ferrari's are not pieces of art they are cars designed to be driven, so drive it like you stole it and put a big smile on your face In line with the comment above - they are just used cars at this point in time it takes years for classics to attain any value! I wish I had the for site to hold on to my American Classics muscle cars from when I was a kid - but nowhere to store them! Remember it took 30 years for most cars to become valuable and value is only what someone is willing to pay at the time of sale .
https://bringatrailer.com/listing/2006-ferrari-f430-berlinetta-9/?utm_source=transactionalemail&utm_medium=email&utm_campaign=bat_watched_listing_ended I'm just gonna leave this here.
599 manual yes. 430 manual... close but not quite in the $240k. I recall seeing one a few years back maybe $220k, but that had to be sub 10k miles. The 599 manual that auctioned for $600k is really wanted ignited the manual craze a few years back.