the Ferrari market watch thread | Page 2140 | FerrariChat

the Ferrari market watch thread

Discussion in 'Australia' started by ashsimmonds, Oct 21, 2006.

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  1. IanB

    IanB F1 World Champ
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    Jun 15, 2006
    16,214
    Sydney
    Yes, a lie that's as old as the hills.
     
    carl888 and Maranello550 like this.
  2. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
    24,024
    Coolum Beach AUSTRALIA
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    Karen H.
    ^^^ and probably does a disservice to both cars...
     
  3. Ferraridoc

    Ferraridoc F1 World Champ
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    Jun 20, 2012
    17,204
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    Patrick
    But, the man said!
     
  4. romeo7

    romeo7 Rookie

    Oct 13, 2020
    28
  5. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,776
    North Qld
    Full Name:
    simon klein
    carl888 likes this.
  6. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
    6,916
    Melbourne, Australia
    Full Name:
    Carl
  7. Ferraridoc

    Ferraridoc F1 World Champ
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    Jun 20, 2012
    17,204
    Gold Coast, Aust.
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    Patrick
    Getting tired of these wankers
     
  8. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
    6,916
    Melbourne, Australia
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    Carl
    #53483 carl888, Jun 29, 2025 at 1:58 AM
    Last edited: Jun 29, 2025 at 2:04 AM
    It's like property. Prospective purchasers want a turn key no stories classic, or house. Since Covid, the costs to build/renovate or restore/recommission a car have almost doubled. Added to that is the declining number of specialists available that are familiar with the project. Whilst the price of that 308 is questionable, we'll be seeing more of these sorts of prices for turn key cars. That's what buyers want. As the storied and down at heel offerings slowly fade away unceremoniously after years on Car Sales, and the like. A bit like all of us.

    A glass 308 will swallow 2,000 hours easily if you wish to restore it properly. You're up for $300,000 to $400,000 in labour costs alone, plus another $100,000 in parts. Not to mention 5 years off the road, or more. Suddenly that car above doesn't look so expensive.
     
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  9. carl888

    carl888 F1 Veteran
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    Oct 31, 2003
    6,916
    Melbourne, Australia
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    Carl
    Don't worry, you'll never buy anything!
     
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  10. carl888

    carl888 F1 Veteran
    Owner

    Oct 31, 2003
    6,916
    Melbourne, Australia
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    Carl
    What about;

    A Daytona is essentially a 365 GTC/4, with a dry sump, no interchangeable parts bar the indicator stalk, brake calipers, engine pistons, rods and valves. It has 40 HP more, gear driven camshafts, a different carburettor arrangement, a transaxle, two less seats and weighs 200 kg less.

    Apart from that all the non identical parts are not the same, much like the windscreen :D
     
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  11. Tommy Cavallino

    Tommy Cavallino Karting
    Silver Subscribed

    Jun 30, 2024
    64
    Sydney
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    Tom
    #53486 Tommy Cavallino, Jun 29, 2025 at 7:00 AM
    Last edited: Jun 29, 2025 at 7:10 AM
    This.

    550k seems like a lot for a 308 but need to compare it against what is out there.

    People lose sight of this because all they do is browse carsales and everything looks good in pictures. Until you go out there and start to really look properly at these cars and add up what it takes to bring it up to spec you simply can’t get a proper handle on it. 10-20k can be gobbled up on a Ferrari very quickly and it’s not simply a case of bringing it somewhere and they will get it right even if you part with that money. In another thread someone said it’s not a case of “you get what you pay for” it’s really “you get what you pay for, if you’re lucky”. This is now the new normal in auto and building trades unfortunately.
     
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  12. trdee

    trdee Rookie

    Oct 1, 2024
    15
    Sydney
    Full Name:
    Vito G
  13. Mrpseudonym

    Mrpseudonym Formula Junior
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    Nov 7, 2020
    601
    Sydney, Australia
  14. Tommy Cavallino

    Tommy Cavallino Karting
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    Jun 30, 2024
    64
    Sydney
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    Tom
    Whenever these UK cars come up the first and only thing I want to see is the underside.

    Tell them to take the Pepsi challenge - Get the car up on a hoist and provide just as many photos of the chassis and suspension components to see if there is any rust. If it's clean, investigate further but I bet at that price and with those miles it's not...
     
  15. Ferraridoc

    Ferraridoc F1 World Champ
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    Jun 20, 2012
    17,204
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    Patrick
  16. AndrewWA

    AndrewWA Formula Junior

    Oct 14, 2005
    985
    Chiswick, London
    Full Name:
    Andrew Stevens
    One of the 'benefits' of the luxury car tax is that it artificially boosts the prices of the cars already downunder, so maybe it's not such a bad thing for you guys...

    A very good Dino would set you back £300,000 max here and you could probably shop around for better price as there are always a number available. Same with stuff like 360s (cheap here at the moment) or 550s/575Ms etc. yes - as Carl said, restoration costs will always be a killer, but the LCT has skewed the market there.
     
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  17. simon klein

    simon klein Two Time F1 World Champ
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    Feb 25, 2009
    29,776
    North Qld
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    simon klein
  18. greg246

    greg246 Two Time F1 World Champ
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    Jun 2, 2004
    26,618
  19. Ferraridoc

    Ferraridoc F1 World Champ
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    Jun 20, 2012
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    Patrick
    Usually the throttle cable
     
  20. Steve355F1

    Steve355F1 F1 World Champ
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    Aug 26, 2011
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    I understand that but isn’t that just something you accept when buying an OHOS?

    It looks frankly ridiculous with those 360 wheels.

    Even if you had it on 360 wheels during ownership you’d put the originals back on at sale time shorely.
     
  21. Mrpseudonym

    Mrpseudonym Formula Junior
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    Nov 7, 2020
    601
    Sydney, Australia
  22. greg246

    greg246 Two Time F1 World Champ
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    Jun 2, 2004
    26,618
    It’s just a cheapskate mentality, they’re “cheap” to buy and as such end up in the hands of owners whom skimp on everything. Mine had a few things that I had corrected but putting on a fresh set of TRX tyres was a no brainer. They look stupid on anything else. They’re actually a great car to drive, I can only imagine with bigger wheels and low profile tyres they would be awful.

    Anyway, this is what a properly sorted Mondial QV looks like ;)

    Image Unavailable, Please Login
     
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  23. Steve355F1

    Steve355F1 F1 World Champ
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    Aug 26, 2011
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    100%

    That is a great looking car.
     
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  24. Steve355F1

    Steve355F1 F1 World Champ
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    Aug 26, 2011
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    Steve
    Old joke.

    Poor Adrian. Or was it Rob? :p
     
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  25. Horse

    Horse Three Time F1 World Champ
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    Dec 1, 2005
    35,416
    Brisvegas
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    Jon
    Adrian.

    Rob’s are funnier.:D:D
     

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