$603k for CS on BAT! Has this world gone Batty?

Despite how bad they were I ended up watching both Suicide Squad movies back to back.

 

If anyone followed that BAT auction, it could be one of the 2 final bidders who had the rug pulled out by a "first time BAT bidder". Then again, it very well could be a sham pulled by the dealer. Opps....that would never happen

 

Right. All of a sudden a $603,000 sale and then a $750,000 sale? Yea, I agree. I know I'm negative Nancy on the uptick of prices, but I do actually find it extremely hard to believe. Time will tell though!

 

I can only report from my observations of German online platforms. Very little, if anything, is happening there. And prices start at around €250,000.

And when it comes to cars, I see it the same way as Collegeboy.

 

I'm following the market closely because I'm looking for one. Here in Europe, the cars on sale have been the same for several years, and far too expensive, nothing is changing, not a single sale...

 

The exact same thing happened with Specialles. They had a sale at 395k and kept going…….
Why would the CS be any different? The CS started the line, is the most rare in the line, and the most analog/driver’s car in the line. More desirable than the new cars too. The new cars are also $$$. Regardless of value, I’ll keep driving mine like I always have. If you stop driving a car because of the value, you really can’t afford the car in my opinion.

 

Theres a Fifth Gear video which goes into some details on the CS engine. Its built to tighter tolerances than the CS and is within 2%. Don't forget the Titanium springs too. Not a cheap part and when people try to convert their 360 to CA spec its the one item they can't obtain as they're really hard to find.

 

I own many cars. I split my time between rwo countries. Even if I tried my hardest I wouldn't be able to accumulate mileage on my cars. If you have a dozen cars you love to drive the miles add up slowly. I know a lot of collectors who love their cars and drive them but they live busy lives. If I had a CS and a daily I would have a lot of miles on the CS. Yes ,some collectors never drive their cars, but some of us do.

 

To add to my post (my English isn't the best), I would say that a collector might drive just as much, if not more, than the person with a Ferrari and an SUV in their garage. Both like cars equally, but one of them has a lot more options. It's a different ballgame for such people. Most of us cannot even fathom... enjoy. Nothing will stop the CS prices from coming down. Actually most limited edition physical assets will continue to rise.

 

For what its worth here is the sold price for the Blue Chip argento CS. Asking was 750 and it sold for $735. 100k more than the BAT CS which had a lot less mileage and owners. Wild!

https://www.challenge-stradale.com/137262.html

 

How did you confirm the price & sold status?

 

Look at this : https://www.classic.com/veh/2004-ferrari-360-challenge-stradale-6-speed-conver-nlxQLdn/

 

Yes, still for sale on their website. Asking price has been lowered from $750k to $740k and is now $735k.

https://www.bluechipfleet.com/listing/2004-ferrari-360-challenge-stradale

 

Ahh ok. I'm a buyer at $295 lol.