Poor sod... | FerrariChat

Poor sod...

Discussion in 'Porsche' started by millemiglia, Jun 2, 2004.

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  1. millemiglia

    millemiglia Formula Junior

    Jan 14, 2003
    925
    Stockholm, Sweden
    Full Name:
    Peter B.
    #1 millemiglia, Jun 2, 2004
    On my (extended) lunchbrake I visited my local Ferrari dealer and among all the F-cars and Maser's there were a Porsche 924 Carrera GT, a limited special Porsche did in 400 examples.
    This one had been garaged for *12 years*, can you believe it!
    The owner must have bought it as an investment and thought it would rise in value instead of depreciate as it has.
    I Wonder how many cars have been bought initially as an investment only to later fall in price?

    // Peter
     
  2. Texas Forever

    Texas Forever Seven Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    76,200
    Texas!
    #2 Texas Forever, Jun 2, 2004
    From what I have been told, probably the worst example of this are F40s. They came out during the late 80s boom period and way too many greater fools brought them with the idea of making money. Apparently, there are still numerous F40s sitting in storage lockers with little more than delivery miles on them. I guess the owners are still hoping that pigs will fly someday.

    Take care, DrTax
     
  3. AR!

    AR! Formula Junior

    Apr 8, 2004
    981
    Berlin, Germany
    #3 AR!, Jun 2, 2004
    Asking price for F40s here in Germany is between 250 and 300 k EUR. They recently sold two in an auction in Munich - AFAIK for 165 k and 185 k.
     
  4. Etcetera

    Etcetera Two Time F1 World Champ
    Silver Subscribed

    Dec 7, 2003
    22,269
    Full Name:
    C9H8O4
    #4 Etcetera, Jun 2, 2004
    One would have to be a genuine numbnut to think that a 924 ANYTHING would ever be considered a collector's item.
     

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