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360 depreciation study

Discussion in '360/430' started by Husker, May 30, 2020.

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  1. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,792
    western hemisphere
    #1 Husker, May 30, 2020
    Last edited: May 30, 2020
    I couldn't care less because I'm not selling, but I thought this guy gave a very thorough analysis of the 360 market. He's a little annoying but good info with stats to back it up.




    The takeaways:

    - Model years have little to no effect on values.
    - Manuals command up to a 20 percent premium over F1s
    - Spiders command a significant premium over Modenas
    - Mileage correlates to price until around 30,000 miles, and then the curve goes flat (where have we heard that term????). Good news for us guys that would like to actually DRIVE the cars
    - Values are projected to remain fairly constant going forward

    He noted (paraphrase) that there are some anomalies in the 360 market that are rarely seen among cars of any type. Seems very bullish on the car in terms of values going forward.
     
    sparetireless likes this.
  2. one4torque

    one4torque F1 Veteran
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    May 20, 2018
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    Houston
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    One4torque
    #2 one4torque, May 30, 2020
    That guys manages his data fairly well.

    Not sure if he uses list data or actual sales?
     
  3. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,792
    western hemisphere
    #3 Husker, May 30, 2020
    I would think it's sales; asking prices wouldn't mean much. Good question though.

    EDIT: He states that he used advertised prices.
     
  4. one4torque

    one4torque F1 Veteran
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    #4 one4torque, May 31, 2020
    advertised prices are challenging..... the premise for his analysis could be 10-20% high....

    his next cut could include dealer advert prices, Vs ind advert prices...

    also cull out units that have been on the market more than 6 mo's....

    I bet hagerty has data on actual sales prices...... via ins data-base.
     
  5. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,792
    western hemisphere
    #5 Husker, May 31, 2020
    I think the price points are obviously high since these are asking prices, but the curve shape should be roughly the same I would think. There are always outliers on both ends - I think he’s looking at an average.
     
  6. KC360 FL

    KC360 FL Formula 3

    Jun 20, 2017
    1,973
    Melbourne Florida
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    #6 KC360 FL, Jun 1, 2020
    As mentioned above, asking price and selling price are sometimes worlds apart. Say what you will about e-bay, but you can do a search to find out the actual selling price of cars that were listed.
    And while there are plenty of goof balls playing games on e-bay, it is at least a base line of (mostly) actual selling prices.

    For me the big auction houses are the outliers both at the top end and the low end of prices paid.

    Bring a Trailer.com is a great place to see what some serious folks with real money are paying for nice exotics and other marques. They too have a "sold for" page as well as a "bid to" page for cars with a reserve not met. A beautifully restored 1956 MB gullwing car was recently "bid to" 1.4 million-- but did not meet reserve. A nice "real world" check on what these cars are valued by would be buyers and sellers.
     
    Husker likes this.

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