A lot of the F50 inflation actually came from central bank monetary inflation. F50s will soon be over $5m USD, but every other asset will be up proportionally as well.
@TOOLFAN will be the best resource on this if you search his posts. For example: https://www.ferrarichat.com/forum/posts/147096934/
Two F50’s for sale at DK Engineering Image Unavailable, Please Login https://www.dkeng.co.uk/ferrari-sales/1243/blue_chip_competition_cars/ferrari_f50.html Image Unavailable, Please Login https://www.dkeng.co.uk/ferrari-sales/1374/blue_chip_competition_cars/ferrari_f50.html
Yes, the yellow painted headlight housings look a million times better. I'd still go with red, though...
The Giallo car looks to be #141/349 but a little too hard to read the photo on their website, does anyone know the actual i/d of this car. (12,621 miles = 20,445kms)
Prices for the two DK cars after talking to James are on par of a US F50’s a year ago. Crazy for EU cars...
Considering the fact that USA cars have move forward significantly since then, I think the DK cars are as expected.
After the surprisingly strong demand for these cars in the last quarter, DK have moved swiftly into F50s. To my knowledge, in the last 6-8 weeks they handled no less than five F50s (Asia, Europe, UK), of which they sold at least three. Despite strong prices, stock is moving.
In the UK, besides the strong demand on that model, there are the tariffs to imports introduced since Brexit at the beginning of this year. And these are really hefty. Let us consider two cases, if you buy a non-UK car for £2m and another for £2.5m. (A) £2m: you will pay 20% if it’s EU sourced and 30% for rest-of-the-world sourcing, resulting in a total cost of £2.4m and £2.6m, respectively to enjoy the car in the UK. (B) £2.5m: the numbers becomes £3m and £3.25m. Lucky for UK-registered F50s owners…
How does the UK justifies taxing something at 20% and 30%, esp something that has already been taxed at least once? Robbery.
Governments...No one forces any country to tax anything at that high rate. Just pure government greed and spending. France taxes 10% also when you bring a used car to America on top of a 2% fee as well. So if you bring a 333SP from the US back to France, you end up giving the French goverment almost as much as the cost of a new 333SP when Ferrari sold them. And for what? Greed and misspending.
But here's the biggest joke of it all: they all have fiat currencies issued by themselves and they don't even need tax revenue to fund anything (hence annual deficits since inception of fiat currency). It's just a messed up way to control inflation and pull money out of the system. They don't need to or ever had to wait for revenue to come in to spend because of that.
