is the bubble due to burst? | Page 162 | FerrariChat

is the bubble due to burst?

Discussion in 'Vintage Ferrari Market' started by PFSEX, Jan 18, 2013.

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  1. readplays

    readplays F1 Rookie

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    Don’t give the man any ideas, Bruce! :D
     
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  2. readplays

    readplays F1 Rookie

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    Yes but to be clear, 375+ was being sarcastic. We’re just riffing on LW’s annoying tendency to paint things red that aren’t.
     
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  3. Texas Forever

    Texas Forever Eight Time F1 World Champ BANNED Rossa Subscribed

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    I don't see the F-40. I've heard rumors of a F-50, but that may be hype. He is 74.
     
  4. Prancing 12

    Prancing 12 F1 Rookie Silver Subscribed

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    Hagerty has been in the auction market since they bought into Broad Arrow almost 2 years ago (and subsequently purchased the entire operation)... but yes, looks like they've added auction functionality to their market place. Ooooo - ahhhhhhh :D

    Joe Sackey talks about selling GF's US F40 s/n 88251 here.

    Mike Tyson owned F50 s/n 104220, but as far as I know, George Forman never owned a '50.
     
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  5. Enzo Anselmo Ferrari

    Enzo Anselmo Ferrari Formula Junior

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    He’s also thinning the models at Victoria’s Secret ! :p
     
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  6. BJK

    BJK F1 Veteran

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    :)

    (2017) #1451 GT Going Up For Auction
    https://www.ferrarichat.com/forum/threads/1451-gt-going-up-for-auction.563898/
    https://rmsothebys.com/en/auctions/NY17/New-York---ICONS/lots/r031-1959-ferrari-250-gt-lwb-california-spider-competizione-by-scaglietti/563555

    Copley Motorcars
    https://copleymotorcars.com/?showroom=1959-ferrari-250-gt-lwb-california-competizione-s-n-1451-gt-2

    .
     
    Last edited: Dec 2, 2023
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  7. Octonion

    Octonion Formula Junior

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  8. paulchua

    paulchua Cat Herder Lifetime Rossa Owner

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    11 years this week since this thread started.

    I've ruffled many feathers here calling BS on many chicken littles.

    Anyone going to own up? (anyone? !? )

    I'll call it the "Dallas Cowboys" syndrome.

    Mondial sold for $160,000
     
  9. pauls

    pauls Formula Junior

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  10. pauls

    pauls Formula Junior

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    No, the car market is not on the decline.
     
  11. tim bowles

    tim bowles Karting

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    Seems to be a mixed bag. Are we talking car market in general, or just Ferrari? Porsche 356 coupes are still trending up, series one e types are holding, jag 120's have fallen, 63 swc vettes are up, dino 246 are holding, seems to really just depend on model and restoration.
     
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  12. fasthound

    fasthound Formula Junior Rossa Subscribed

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    Yes, yes, the bubble is going to burst. OMG the sky is falling. Run for your lives!! Head for the hills. Seek shelter. Hide the women folk. Annie get yer gun.

    Oh the humanity!
     
  13. pauls

    pauls Formula Junior

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    Absolutely this. Hold on to your hat.
     
  14. ttforcefed

    ttforcefed F1 World Champ Rossa Subscribed

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    Yep it is
     
  15. Texas Forever

    Texas Forever Eight Time F1 World Champ BANNED Rossa Subscribed

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    We know what the supply is for Dinos. What is the demand? Who is buying these cars? Who will buy these cars in the future?
     
  16. ttforcefed

    ttforcefed F1 World Champ Rossa Subscribed

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    Same people who have been buying them for the past 10 years
     
  17. Bradwilliams

    Bradwilliams F1 Veteran Silver Subscribed

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    This still applies today in regard to the modern classic market and cars that are under a million dollars. Still a ton of people buying simply to try to make money and interest rates still are not restrictive enough yet despite being as high as they are.
     
  18. jjmalez

    jjmalez F1 Veteran Silver Subscribed

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    @ 8:12

     
  19. pauls

    pauls Formula Junior

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    We all think we know the future. No one knows the future. Speculators think what is going on and data based given people think what is going on. But it is all BS speculation. The future can turn on a dime. I have ignored what these people know. I ignore all the white noise from so called speculators and go with my gut. For me it is not scientific but it has worked for 50+ years. So to hell with all of you who think you know about what the future may bring.
     
    Last edited: Jan 18, 2024
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  20. amenasce

    amenasce Three Time F1 World Champ Silver Subscribed

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    Id be interested to know, from dealers who are selling these class B classics (Dino, E type, 356, 911s, etc..) if the buyers are new to classic cars and are younger? And i wonder if there will be the same amount of buyers in 10/20 years when it's a hassle to own these cars (As is already in many European cities)? Will people born in 2000, who will then be 35/45 be interested in a Dino?
    It's hard to answer that for me as i love those cars so obviously i want to say yes but im not those people.
     
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  21. ttforcefed

    ttforcefed F1 World Champ Rossa Subscribed

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    lots of young people (30s and 40s) are buying the 80s and 90s cars.
     
  22. amenasce

    amenasce Three Time F1 World Champ Silver Subscribed

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    Right. But what about the 60/70s?
     
  23. 19633500GT

    19633500GT F1 World Champ Rossa Subscribed

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    I talk to a lot of dudes in their 30's/40's are are really big into the 60's/70's stuff.

    It helps that I am also very much into that "scene" still, but there has been a definitive bleed out of my millennial groups into the 80's and 90's cars, because those were their poster cars. That said, the only thing keeping most of them on the sidelines from that early 911 or Dino etc. is money. I believe over the next 10-15 years, with a shift of capital from Boomers, the money and yearning will still very much exist for the younger crowd to go after those older cars.
     
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  24. Scott98

    Scott98 F1 Rookie Owner Silver Subscribed

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    I hope not. I want to be able to buy a 275 GTB one day.
     
  25. 19633500GT

    19633500GT F1 World Champ Rossa Subscribed

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    I do too, but do you think in your lifetime they will ever significantly "dip"?

    I don't.
     
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