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Maserati Depreciation

Discussion in 'Maserati' started by Zinhead, Sep 28, 2005.

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  1. Zinhead

    Zinhead Karting

    Feb 29, 2004
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    Chicago, USA
    #1 Zinhead, Sep 28, 2005
  2. Kewpie

    Kewpie Formula Junior

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    #2 Kewpie, Sep 28, 2005
    it's a good thing they took the major bulk of depreciation it for you.
     
  3. stardoc

    stardoc Formula Junior

    May 5, 2005
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    #3 stardoc, Sep 29, 2005
    One thing to keep in mind is that the MSRP and what dealers "discount" their cars in the showrooms are usually $10K apart. You could easily walk out with a new loaded Maser. for about $80-85K.
     
  4. judge4re

    judge4re F1 World Champ

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    #4 judge4re, Sep 29, 2005
    Which will drop to under $60k in 2-3 years...
     
  5. absent

    absent F1 Veteran
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    #5 absent, Sep 29, 2005
    Only Quattroporte seems to hold its value on par with competition or better.
     
  6. judge4re

    judge4re F1 World Champ

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    #6 judge4re, Sep 29, 2005
    For now...
     
  7. Erich

    Erich Formula 3

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    #7 Erich, Sep 29, 2005
    Cue the sound of car keys falling from a Lear Jet.

    Erich
    thanks Napolis for that unforgettable visual.
     
  8. sjb509

    sjb509 Guest

    #8 sjb509, Sep 29, 2005
    They seem to depreciate just like every other used car. In a year or two I would think that $50k would easily buy a 2002 example with 20,000 miles. If Maserati were to pull out of the US market, however, initial depreciation would increase dramatically.

    I don't see the Coupes and Spyders going down to pitiful Biturbo $4000 levels, ever. Far too nice a car, enthusiast support in 10 years will form a bottom in the $13-20k range IMO. Not unlike a BMW 850 or M-B SL500 from the 90's.

    One last thing, standards will be worth a premium over the F1. At least to me...
     
  9. 911Fan

    911Fan Formula 3

    Apr 15, 2004
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    #9 911Fan, Sep 29, 2005
    Now that's reassuring!
     
  10. mak

    mak Karting

    Sep 29, 2004
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    #10 mak, Sep 29, 2005
    > If Maserati were to pull out of the US market, however, initial depreciation would increase dramatically.

    Now you're making stuff up. Not one report has suggested this.

    BTW, I love my GranSport... regardless of its depreciation!
     
  11. sjmst

    sjmst F1 Veteran
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    #11 sjmst, Sep 29, 2005
    Agreed
     
  12. alberto

    alberto Formula 3

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    #12 alberto, Sep 29, 2005
    I know of a 2003 coupe with 15,000 miles, 6 speed manual asking $54k for it. Supposed to be in great condition. What do you think?

    Alberto
     
  13. judge4re

    judge4re F1 World Champ

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    #13 judge4re, Sep 29, 2005
    Worth looking at.
     
  14. WJHMH

    WJHMH Two Time F1 World Champ
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    #14 WJHMH, Sep 29, 2005
    It's not a bad car for the price. 360 technology, front engine, luxurious interior , etc.. The only thing I'm not fond of the rear end. It reminds me of a mid 90's Honda Prelude.
     
  15. abolfaz

    abolfaz Formula Junior

    Feb 1, 2005
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    #15 abolfaz, Sep 29, 2005
    Here are the latest manheim auction reports for 2002 Spiders:

    09/28/05 W PALM Regular $53,400 7,378 Avg ELLOW 8G A Yes
    09/08/05 MANHEIM Lease $52,000 5,112 Avg MAROON 8G A Yes
    08/25/05 MANHEIM Regular $45,500 19,851 Below YELLOW 8G 6 No
    08/23/05 FAAO Regular $51,500 15,673 Avg BLUE/GRY 8G A Yes
    08/18/05 RIVRSIDE Regular $57,000 7,692 Above SLVR 8G M Yes
    07/21/05 RIVRSIDE Lease $46,500 12,258 Below GREY 8G A No

    (These numbers are a little strong becuase the Manheim cars always bring more money then regular local auctions.)

    Remember most people who purchased the 02's didn't pay sticker or anywhere near it. Consider that the intial Maserati intro in 2002 was a complete failure and that most dealers still had 02's well into 03. After the first year I was told that Ferrari fired all the Maserati NA execs and started from scratch with a lower production and basically relaunched the cars. Shelton ferrari/maserati was advertising spiders for $900 per month, loaded, brand new with no money down in the summer of 03. I know several people that purchased 02 spiders from the collection loaded in the 70's, keeping in mind most of these cars had almost $100k stickers. With that in mind is it bad for a three year old car that was purchased in the $70's to be worth somewhere in the high 40's low 50's? I don't think its that bad, unless you paid almost $100k for the car!
     
  16. staatsof

    staatsof Nine Time F1 World Champ
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    #16 staatsof, Sep 30, 2005
  17. alberto

    alberto Formula 3

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    #17 alberto, Sep 30, 2005
    abolfaz:

    Can you post Mannheim for 2003 Maserati's? I would appreciate it.
     
  18. abolfaz

    abolfaz Formula Junior

    Feb 1, 2005
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    #18 abolfaz, Oct 2, 2005
    Coupe or Convertible?
     
  19. Rachane

    Rachane Formula 3

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    #19 Rachane, Oct 3, 2005
    Because of the uncertain depreciation and very small resale market, my recommendation to anyone interested in the car would be to lease a new one from a dealership, which goes through Chase, which I suspect has notably favorable lease/residual valua terms supported by Ferrari or Fiat: this to encourage the cars into the American market.

    Get the car on up to a 4-year closed-end lease, and don't put more than 50K miles on it; thus you also keep it happily under factory warranty. Best of all worlds. :)
     
  20. alberto

    alberto Formula 3

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    #20 alberto, Oct 3, 2005
    abolfaz:

    Coupe. Thank you very much.

    Alberto
     
  21. Zinhead

    Zinhead Karting

    Feb 29, 2004
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    Chicago, USA
    #21 Zinhead, Oct 3, 2005
    I think that $50,000 figure is true today. The following are Maserati Coupe asking prices from www.cars.com.

    2004 Maserati Coupe Cambiocorsa $78,000 500 Van Bibber Exotics Coupe Quartz 925 mi.
    2004 Maserati Coupe Cambiocorsa $75,999 4,242 Shelton Sportscars Coupe Nettuno Blue 1,166 mi.
    2004 Maserati Coupe Cambiocorsa $75,999 1,229 Shelton Sportscars Coupe Silver 1,166 mi.
    2004 Maserati Coupe Cambiocorsa $75,999 1,869 Shelton Sportscars Coupe Grigio 1,166 mi.
    2004 Maserati Coupe Cambiocorsa $75,995 3,737 Ghaben Auto Group Coupe Red 28 mi.
    2004 Maserati Coupe GT $74,995 8,483 J Star Motors Coupe Silver 1,732 mi.
    2004 Maserati Coupe $74,995 965 Maserati of Minneapolis Coupe Silver 361 mi.
    2004 Maserati Coupe Cambiocorsa $74,900 3,700 Steve Harris Imports Coupe Burgundy 1,258 mi.
    2004 Maserati Coupe Cambiocorsa $74,900 1,760 Elmhurst Auto Group Coupe Silver 17 mi.
    2004 Maserati Coupe GT $72,900 6,300 The Auto Gallery Coupe Blue 1,758 mi.
    2004 Maserati Coupe Cambiocorsa $72,900 6,000 Steve Harris Imports Coupe Silver 1,258 mi.
    2004 Maserati Coupe Cambiocorsa $69,999 2,043 Shelton Sportscars Coupe Sebring Blue 1,166 mi.
    2004 Maserati Coupe $69,995 2,910 Maserati of Minneapolis Coupe Light Blue 361 mi.
    2004 Maserati Coupe Cambiocorsa $69,900 13,800 Continental Ferrari Maserati Coupe Silver 15 mi.
    2004 Maserati Coupe GT $69,500 1,800 The Auto Gallery Coupe Silver 1,758 mi.
    2004 Maserati Coupe Cambiocorsa $68,900 12,966 DC Motors Coupe Grigio Alfieri... 1,728 mi.
    2002 Maserati Coupe Cambiocorsa $65,000 7,795 Individual Seller Coupe Burgundy 560 mi.
    2002 Maserati Coupe Cambiocorsa $62,000 14,000 Individual Seller Coupe Yellow 943 mi.
    2004 Maserati Coupe $59,995 7,170 Bentley Downers Grove Coupe Blue 19 mi.
    2002 Maserati Coupe $59,500 12,000 Individual Seller Coupe Red 792 mi.
    2002 Maserati Coupe GT $58,800 7,250 Carsource USA Coupe Gray 12 mi.
    2002 Maserati Coupe Cambiocorsa $57,900 12,476 Lake Forest Sports Cars Coupe Mistral Green 30 mi.
    2002 Maserati Coupe Cambiocorsa $55,999 14,050 Shelton Sportscars Coupe Grigri 1,166 mi.
    2002 Maserati Coupe Cambiocorsa $54,900 11,300 Steve Harris Imports Coupe Red 1,258 mi.
    2002 Maserati Coupe GT $52,800 7,250 Individual Seller Coupe Gray 35 mi.
    2002 Maserati Coupe GT $49,800 14,500 Carsource USA Coupe Yellow 12 mi.
    2002 Maserati Coupe GT $38,900 22,000 Imports Unlimited Coupe Silver 765 mi.


    The Gray Coupe for $52,800 was listed by the same seller three months ago for $62,000. The price was lowered to $58,000 two months ago, and it still has not sold. Interestingly, Spyders do worse than the Coupe.

    2004 Maserati Spyder $72,995 1,192 Bob Rohrman's Luxury Motor Cars Convt Beige 39 mi.
    2004 Maserati Spyder $71,800 1,268 Walter's Porsche/Audi Convt Light Blue 1,699 mi.
    2004 Maserati Spyder $71,800 1,268 Walter's Mercedes-Benz Convt Light Blue 1,699 mi.
    2004 Maserati Spyder $69,950 8,961 Park Place LTD Convt White 1,726 mi.
    2003 Maserati Spyder $69,900 16,836 Scottsdale Ferrari Maserati Aston Martin Convt Rosso Corsa Red 1,445 mi.
    2002 Maserati Spyder Cambiocorsa $69,900 4,000 Van Bibber Exotics Convt Black 925 mi.
    2003 Maserati Spyder GT $69,900 14,743 Open Road Motorcars Convt Silver 833 mi.
    2004 Maserati Spyder GT $69,900 3,279 Brandywine Porsche Convt Black 651 mi.
    2003 Maserati Spyder $68,500 6,856 Braman Motors Miami Convt Yellow 1,191 mi.
    2004 Maserati Spyder $67,995 4,416 Luxury Motors Hoffman Estates Convt Silver 27 mi.
    2004 Maserati Spyder GT $66,900 8,409 Foreign Cars Italia Convt Black 578 mi.
    2003 Maserati Spyder GT $65,900 5,600 Individual Seller Convt Yellow 640 mi.
    2003 Maserati Spyder Cambiocorsa $65,900 15,850 Continental Ferrari Maserati Convt Blue Metallic 15 mi.
    2003 Maserati Spyder Cambiocorsa $65,500 10,689 Auto Source Motoring Convt Black 1,844 mi.
    2002 Maserati Spyder Cambiocorsa $64,500 5,300 Auto Palace Porsche, LLC. Convt Black 412 mi.
    2003 Maserati Spyder Cambiocorsa $63,995 12,124 Prestige Imports Convt Dark Blue 593 mi.
    2002 Maserati Spyder Cambiocorsa $62,900 11,300 Continental Ferrari Maserati Convt Blue 15 mi.
    2002 Maserati Spyder $59,950 14,888 Rocky Mountain Eurosport Convt Red 915 mi.
    2003 Maserati Spyder Cambiocorsa $59,900 9,500 Individual Seller Convt Gray 1,044 mi.
    2002 Maserati Spyder $58,995 5,209 CarStore Of Glenside Convt Burgundy 663 mi.
    2002 Maserati Spyder $58,900 12,652 Domani Motors Inc. Convt Silver 1,159 mi.
    2002 Maserati Spyder Cambiocorsa $57,990 10,205 Bell Mitsubishi Convt Munchen Silver 700 mi.
    2002 Maserati Spyder Cambiocorsa $57,900 5,000 Rayco Eurospec Motorcars Convt Silver/Black Le... 609 mi.
    2002 Maserati Spyder $56,995 -- Folsom Imports Convt Gray 1,775 mi.
    2002 Maserati Spyder $56,988 22,106 Beechmont Automotive Group Convt Blue 261 mi.
    2002 Maserati Spyder GT $56,970 11,822 Harry Kaufmann Motorcars Convt Yellow 89 mi.
    2002 Maserati Spyder GT $56,900 8,000 Rayco Eurospec Motorcars Convt Black/Creme Lea... 609 mi.
    2002 Maserati Spyder Cambiocorsa $55,999 9,900 Individual Seller Convt Yellow 803 mi.
    2002 Maserati Spyder Cambiocorsa $54,900 10,000 Unique Motor Sports Convt Red 1,170 mi.
    2002 Maserati Spyder Cambiocorsa $54,900 13,556 Lake Forest Sports Cars Convt Blue Netuno 30 mi.
    2002 Maserati Spyder $52,995 18,345 Bentley Downers Grove Convt Silver 19 mi.
    2002 Maserati Spyder GT $52,588 9,644 Towbin Motor Cars Convt Red 1,528 mi.
    2002 Maserati Spyder $51,995 18,644 Bentley Downers Grove Convt Gray 19 mi.
    2002 Maserati Spyder $49,995 16,816 Bentley Downers Grove Convt Green 19 mi.
    2002 Maserati Spyder Cambiocorsa $45,900 40,157 Glauser Mercedes-Benz Convt Yellow 920 mi.
    2002 Maserati Spyder GT $44,995 18,183 Dealer Convt Blue 768 mi.
     
  22. sjb509

    sjb509 Guest

    #22 sjb509, Oct 4, 2005
    I wonder if the reasons why Spyders seem to do worse is:
    1. There are more of them (what the ratio is exactly I do not know, 2/1 perhaps?)
    2. 2002 Spyders had a reputation for cowl shake.
    3. The Coupe is a more practical car, maybe more potential buyers can rationalize a 2+2 purchase over a 2-seat roadster.

    After recently looking at everything from a Pontiac GTO (feels cheap), to a Porsche 911 (too cramped for 4), to a M-B CL500 (too big), it seems that for the money the Maserati Coupe offers a nice mix of practicality, performance, exclusivity, and at these prices and below...value.

    So what will happen to prices as the early cars start to come off of warranty? My guess is that there will be an even greater difference between those with warranty and those without, perhaps a couple of thousand dollars, perhaps more.

    The $13-20k number I mention for 2014 prices would be for a sound, original car without major issues and perhaps 60,000 miles. In other words, and old used car with less than half its life left. Creampuffs and garage queens might get into the $40k's at that time. Gransports a little more.
     
  23. sjb509

    sjb509 Guest

    #23 sjb509, Oct 4, 2005
    I didn't claim it to be fact, but you never know. It could be decided tomorrow that the small sales numbers here simply do not justify the red tape to sell cars in the US. The 3200GT was that way of course.

    If they have limited production capacity and the cars prove to be very popular other places in the world, why fail to satisfy that demand while at the same time having to give discounts to move them in the US?
     
  24. mak

    mak Karting

    Sep 29, 2004
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    #24 mak, Oct 4, 2005
    Yea and you could be a troll.

    And no it wasn't like that with the 3200GT. That was because the 3200GT needed too much work to pass US regulations; emissions, crash testing etc. and because there was no dealer network in place.
     
  25. sjb509

    sjb509 Guest

    #25 sjb509, Oct 4, 2005
    Apparently reading comprehension is not a strength of yours. Quit embarrassing yourself.
     
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