What Happened with Dino Values!!!

Well put TheMayor. As an enthusiast and admirer of fine design (the Italian natural resource), the higher prices do justfiy ongoing preservation investments and similarly the lower prices might give pause to the same. But interestingly as new generational influences continue to emerge I am seeing an increasing divergence from concours-type preservation to performance retromodifications whereby one might get the best of both worlds in modern systems and classic design. Plenty of rolling stock for both types and cheers!

 

Many rely on Bring a Trailer results for market guidance. Do a search of recent Dino sales on BaT with close attention to those who are selling, those who are buying(and at what bidding increments) and those who are cheering the market ever higher.

 

Interesting. Personally I don't pay attention to BAT at all. I can't see buying a car without actually seeing it unless I know the seller. I really don't understand why internet auctions are so popular or well used.

But I saw market manipulation myself in the mid 80's at Barrett Jackson Scottsdale. Three years in a row the same Daytona spider showed up. Two guys bought the car from each other, each time for a new "world record price". So its always existed.

 

Most of the people actively looking for a Dino and those who have recently bought are expecting a routine driving experience, not as much as an appreciating asset or to collect and let sit. As such, project type cars or those with major needs, tend not to bring lots of money. Those that are turnkey ready to go, either fresh restored or solid drivers, are what drives the market.

 

maybe Imjon can rehab the fixers.

 

None of this ^^ is Dino specific.
Same applies to almost all larger production* postwar vintage cars, especially those that happen to be in fashion at any given time.

OTOH, if in past 40+ years I had received a $100 every time I’ve heard or read someone claiming to buy a 50+ y.o. vintage car for “routine driving experience” or something similar, i.e. for actual driving the given car was intended & made for, I’d have a huge stacks of those bills, but if I had received additional $1000 for every such claim eventually turning out to be just another b.s. claim/story with every excuse in the book given after the fact, I’d be quite wealthy.

*Let’s say almost any make/model with 1000+ examples originally made with majority still existing in drivable/useable condition.

 

I can tell you from experience a project car will cost you more than just buying a good one. But if you do a project, there is a sense of pride of ownership you can't get just by putting down cash. And its why people do it.

Right now I cannot tell you how much drama, excitement, joy, disappointment, frustration and fear I'm going through.

But it makes you feel alive and a feeling that you have accomplished something. We don't own these cars. We are merely caretakers for the next owner.

The people who get burnt are the ones who don't do their research, are trying to make a quick buck or don't have the money to take care of it after buying.

 

I do agree with you that this is a common comment made by people looking at vintage cars, and the reality of driving a vintage car is a bit different than what people think.

However, there are a bunch of specifically Dino buyers that are coming from the vintage Porsche/modern European car markets that ARE actually driving them. There are more Dino’s driving around today than 10 years ago. Horse power isn’t a thing, because they don’t care. They just want to have some fun and the Dino teeters on ease of ownership/maintenance and low cost of entry when compared to other type options.

 

I was on the market for one but had to let it go.
In Europe, cheapest one I could find was 260k and it was far from “driveable”.
Raised the bar at 300k and found some nice examples and one north of 500 that was immaculate.
I could not justify giving 300k for a Dino that needed work to be done.
This train has left the station and travels at high speed now.
Getting one as an investment could be an option but not my original intention, I don’t have much life left in me and want to enjoy whatever remains, so spending half a mil for a Dino is not something I can easily chew and swallow.

 

Not so sure about that?

 

Buy a Boxer instead. Lovely as the Dino is, and it really is one of my favourite cars, a Boxer is more car in ever way, and for less money. It will cost more to maintain of course.

 

i woild prefer a dino coupe with the boxer engine

 

Who's that?

 

Dino guru here in dino section

 

And owners of Strads that can't play the violin....I have seen this first hand.

 

Collectors, perhaps? I have seen Stradivari played, and rather majestically / masterfully.
as in, Sensational

 

correction. Omjon

 

It should drop right in there, pretty straightforward swap.

 

Agreed, the most undervalued Ferrari out there, especially the carb'ed version.

 

Yes, most are owned by very wealthy people or corporations that loan them out to the top players for use. The number of top level players that actually own a Strad can probably be counted on one hand.

 

Was the 500K, for which series? Most likely not a 206, and probably not an "L". a GTS perhaps?
So that leaves a 'reasonably well restored ' E or M. And, highly documented, PPI, I would hope. Just curious

Regards, Alberto

 

you mean omgjon?

 

An LT1 perhaps, as slightly less wide. Weight out to be negligible

 

if the mustang could swallow the Boss 429……

 

Of course. Mefistofele comes to mind