What do you think would be the best investment grade Ferrari to purchase and why??
If you want a Ferrari in that price range that has the POTENTIAL to increase in value, I would consider a nice 512TR. Made during model years 1992 - 1994. There were a few upgrades between 1992 and 1994.
While we're at it, could anyone kindly explain the attraction of a "glass 308"? Why is it sought after, is it the light weight? Also, just buy something you want to drive and invest somewhere else, a couple of unforeseen bills and your potential appreciation could turn sour instead..
Probably the days of investment Ferraris are long over. I bought a running driving original condition 250GT for dirt many years ago. The first car I looked at was black with black interior.....I hated it. It was offered at 20K. I should have taken that one and the other five I looked at for under 40K. Today the investment is 308GT4 Dino badged.
^This or a Challenge Stradale. Honestly though, neither of these cars are likely to increase in value enough to stay ahead of services/insurance/inflation etc. In short there isn't really a Ferrari in that price range that will be a good ROI. For that you would need to look at cars like the Dino series or the Daytona. These are examples of cars that are still 'reasonable' and still have room to go up in value IMO.
Yeah, I was thinking an unmolested 308 Dino would be a good choice. Original wheels and caps are mandatory. Not sure I could really call it investment grade. Rather, "surely to appreciate".
About 18 months too late for the last investment grade car, 512bbi. I guess that honor now would be a 512TR, should be a good call IF you're a fan.....its not for me though.
The boxer was investment grade a long time ago. No body realized that this absolute monster was going way north. There is nothing quite like the sound of a Boxer at full tilt right behind your head.
1. The fiberglass 308's, which were sneered at for being "plastic" when they came out, are now sought after for being the very first of a highly successful series, for having carbureted engines, for their dry-sump oil pumps, for relatively light weight and for their scarcity. (Whether the driving experience is really superior to that of other 308's is a debate for another thread.) 2. An automobile is simply not a good financial investment, period. It can be thought of as an investment in oneself, in having fun, in experience, in the joy of listening to the music of the engine. . . and for a nearly infinite number of other reasons.
That is not correct. The right car at the right time for the right price and the rest is history. Its just that at this time in Ferrari history that concept is probably remote unless you are buying mega dollar cars.
I think this is a great choice. I am also alert to the last mid engine gated manual Ferrari....The 430! EDIT...beating depreciation and driving a piece of art is a good investment IMO.
Buy a 430 six speed. You might get your money back in a few years. You'll never make money on a Ferrari unless you stumble across an underpriced car that doesn't need tens of thousands spent to make it useable.
Challenge Stradale by a long way. That said, a car should be bought for enjoyment rather. Luckily with the CS, you can do both.
uh-uh. 18 months ago you could have bought an excellent 330GTC for between $200-250K. Then in January 2013 the man who six years earlier bought my old 365GTC prototype for $345K + buyer's commission, sold it at Bonham's Scottsdale auction for hammer price of $800,000.+ buyer's commission. That was the sale that blew the top off the market for 1960s production Ferraris. In 1985 you could have bought an excellent GTC for $80-90K. Five years later that car would have cost you $250-275K. Five years after that same car was back under $100K. Timing is everything.