296 Values and Used Market | Page 20 | FerrariChat

296 Values and Used Market

Discussion in '296' started by Mrwatchdawg, Aug 31, 2023.

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  1. rg88

    rg88 Formula Junior

    Feb 10, 2024
    583
    USA
    Full Name:
    rg
    Perhaps not quite a perfect analogy. Computer tech had to evolve alongside their reason for existence as more and more use cases were imagined. If the internet didn't exist, the IBM might still be perfectly serviceable. Cars on the other hand have a specific purpose. New tasks and abilities may be created for them, but the core part of their existence will always be surface conveyance. If however flying cars as imagined in the "Bladerunner" or some other use become reality, then the current tech will most certainly become obsolete and worthless.
     
    boxerman likes this.
  2. KL runner

    KL runner Formula Junior

    Jul 25, 2023
    771
    Not in US
    Perhaps he was thinking of “Taylor” swift . LOL !
     
  3. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    725
    Los Angeles
    I'm just shocked he was already banned again. That has to be a new record.
     
  4. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,410
    Tampa, Fl
    He went on a crazy rampage. It was full of profanity and was 10-15 crazy text. I think it was just some 13 year old kid that took pix of his dad’s car.
     
    Thecadster, Jo Sta7 and KL runner like this.
  5. CinciOptics

    CinciOptics Karting

    Nov 10, 2022
    154
    Full Name:
    James B
    It is 5 1/4 inch, 3.5 were the hard "floppy" with higher density - both are still obtainable in new form through small outlets.

    I have a 8088xt and a 8086 with a 32mb rll drive that boot up flawlessly [ with a few bad sectors.).

    Also there are "large" communities of abandonware and BBS (via telnet now) that support 80s legacy+ technology flawlessly.

    You just have to know where to look much like legacy anything including automobiles.
     
    ryalex likes this.
  6. Jo Sta7

    Jo Sta7 F1 Veteran
    Rossa Subscribed

    Oct 13, 2015
    6,042
    Scottsdale/Pittsburgh
    Full Name:
    Jon
    Yes, that kind of behavior screams of spoiled teenager.
     
  7. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,783
    UK
    what did he actually write out of curisoity
     
  8. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,410
    Tampa, Fl
    The forum filtered out all of the profanity but it was craziness. It was one or two sentences per post like he has done in the past. On some post he was replying/arguing with himself. The jest was we are all losers, we can do certain things to him (use your imagination), he doesn’t care if he is banned, we are losers, go f ourselves, etc. It was just like he has done in the past. Throwing a temper tantrum or got into his dad’s alcohol.
     
    Cigarzman and Jo Sta7 like this.
  9. Cigarzman

    Cigarzman F1 Veteran
    Owner Rossa Subscribed


    You may be correct, he did call himself Pasta Boy not Pasta Man. :)
     
    RoadRonin, Gh21631, phanliu and 4 others like this.
  10. Cool Runnin'

    Cool Runnin' Karting

    Apr 13, 2008
    145
    FL
    There’s a Pasta Boy AND a Pasta Man on the forum? How embarrassing LOL.
     
    Cigarzman likes this.
  11. VegasGreek

    VegasGreek Karting

    Jun 25, 2022
    61
    Las Vegas
    Maybe he’s a golfer?


    Sent from my iPhone using FerrariChat.com mobile app
     
  12. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,721
    Just some random thoughts from the peanut gallery

    When the 599 came out everyone said- ohhhh, just wait, those fancy, exotic shocks will fail (the magnaride ones), and who will work on them, the car will be a paperweight in the future. Well, it’s almost 20 years later and….. is anyone worried about the shocks? They are highly computerized.

    The screens in the 599 do fail (due to heat primarily)- yet there are people out there who can rebuild them/ you can also pay for new ones.

    And this applies to any Ferrari you care to discuss.

    Why? Whats the difference between a Ferrari and the discussed above iPods, PCs, whatever’s…. And thats because those devices are truly disposable electronics. And a Ferrari is still a Ferrari. Sorry for the marketing doublespeak but it really is the case. As long as people ascribe a value to Ferraris, there will be enough good reason for the factory and then secondary interests to support the model.

    Can it be expensive to fix? Sure. But it’s not quite the right question to ask. The right question to ask is- is it worth it to fix. For example, with a 15 year old iPod- it’s probably worth next to nothing- is it worth $500 to repair the battery? Clearly not. But with a 355, is it worth a few thousand dollars to replace dead ECUs or any other part? Yes it is. Even when the values were lower.

    So the answer to this- as with so much in the car world- is residual values. And the question to ask is what drives residual values. Fundamentally, it’s that enough people really love something that they place a value on it that is over and above the intrinsic value of the physical parts and any IP associated with their integration.

    I think all these cars will have more than sufficient support in the future.


    Sent from my iPad using FerrariChat
     
  13. Dino_Argento

    Dino_Argento Formula Junior

    Sep 22, 2017
    298
    London
    Full Name:
    Dino Diary
    Was at the factory on Friday… saw
    the V6/v8 production line and they also let me see them hand building the SP3s :)… they are really churning out the 296 and Roma Spyders now which won’t help resale ..… and people speccing some wild colours - 296 in McLaren Papaya Orange… .. Purosangue in Verde Kers and Porsche Riviera Blue and Gold Roma Spyder! … but paint quality on some supposedly finished cars was terrible
     
    pninja005, ryalex, jm2 and 1 other person like this.
  14. rg88

    rg88 Formula Junior

    Feb 10, 2024
    583
    USA
    Full Name:
    rg
    I'll take a 296 in CdF boring color please.
     
    Dino_Argento likes this.
  15. Dino_Argento

    Dino_Argento Formula Junior

    Sep 22, 2017
    298
    London
    Full Name:
    Dino Diary
    I was surprised (and pleased) there were no Grigio Titanio 296 on the line … but plenty in resale Rosso Corsa!
     
    ryalex likes this.
  16. 09Scuderia

    09Scuderia F1 Rookie

    Nov 20, 2011
    2,806
    USA
    Full Name:
    Max
    Friend was interested in a used 296 GTS and asked for my help. This thread is about values so here is what I learned about GTS's: They are selling for 100k+ over depending on all the usual factors. There aren't many for sale (I only found 5). There are others for sale, not on dealers sites. For example, I found a blue launch car not listed anywhere. Most of these cars have mid $400s MSRP.
    Comps:
    https://preowned.ferrari.com/en-US/r/north-america/used-ferrari/usa/296-gts/rfcm
    https://www.cargurus.com/Cars/l-Used-Ferrari-296-GTS-d3336

    Also, if you aspire to the 296 GT3 (or whatever they call it) remember these new guidelines:
    1) Preference is given to those who ordered a 296 GTB/ GTS new. Same as the SF90 with the XX version.
    2) You must have a 296 IN your garage. No pre-selling.

    Note: I had a friend who got an order spot (and specced) a SF90 XX. He was an original owner of a SF90. Order for the XX was accepted. He sold his SF90 and Ferrari cancelled his order for the XX.
     
  17. Jo Sta7

    Jo Sta7 F1 Veteran
    Rossa Subscribed

    Oct 13, 2015
    6,042
    Scottsdale/Pittsburgh
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    Jon
    You mean speciale version? There’s a GT3 race car you can buy now that looks like great fun but is track only.

    these are the guidelines I was told for the “special” version too and I will be abiding as I really want one.
     
    ryalex likes this.
  18. boxerman

    boxerman F1 World Champ
    Silver Subscribed

    May 27, 2004
    19,918
    FL
    Full Name:
    Sean
    30 years from now the future of the 286 may be in scrapping the electric's, by analogy same way Bruce canepa has simplified the 959..
     
    Dino_Argento likes this.
  19. 30 years from now, I'll be dead.

    So, for me, it's largely irrelevant what the 296 will be in 30 years.
     
  20. Jo Sta7

    Jo Sta7 F1 Veteran
    Rossa Subscribed

    Oct 13, 2015
    6,042
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    Jon
    ya I’ll be 65….I see what shape my dad is in. I do not care.
     
    ryalex likes this.
  21. Dino_Argento

    Dino_Argento Formula Junior

    Sep 22, 2017
    298
    London
    Full Name:
    Dino Diary
    All that being said my 246 is still going strong 50+ years on and largely unrestored… it even has the original Dinoplex ignition system which was (unnecessarily complicated) even in it time (like a 296 dash?) and now prob 2 people alive that can service it… however Ferrari did provide a back up even then.. u could simply unplug the Dinoplex and rely on simple points ignition….

    And nowadays many owners replace the Dinoplex with a modern simpler electronic ignition housed in the same box in the boot which probably delivers superior performance…

    so ultimately there could always be solutions (or work around) especially given the volume of cars Ferrari is now building
    Image Unavailable, Please Login
     
  22. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    725
    Los Angeles
    the dealers all knew this, and told buyers they could not sell their SF's while waiting for an XX. Either he didn't listen or his dealer was very neglectful in not passing this on.
     
    ryalex likes this.
  23. 09Scuderia

    09Scuderia F1 Rookie

    Nov 20, 2011
    2,806
    USA
    Full Name:
    Max
    He didn't listen.
     
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  24. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    6,061
    France
    In Europe, there's still a premium for the GTS; but the GTB are now at about MSRP or below.
    I think GTS and GTB are just at different points of the price evolution because the GTS was introduced later. Not helping the GTB is probably also that some sell their GTB when receiving their GTS.
     
  25. roma1280

    roma1280 F1 Rookie
    Rossa Subscribed

    May 2, 2010
    4,846
    Palm Beach, Roma
    It’s such a bizarre world where you buy something from a company and they dictate what you can do with something that you previously bought. It’s pretty odd if you think about it. I’m going through a bizarre conversation right now with Pagani. They want $1 million deposit for a car that won’t be delivered for three years, and I can’t sell for two years after that unless I give them three times the profits if I sell at a premium. Makes me wonder if this whole thing is just a bubble. How can these companies get away with this?
     

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