Im gonna have to disagree on the 360 ...CS thing sorry guys , James Do Maranello normally sell 355,s Talacrest have some , Sant AGASTA, KHP, Im not sure that yr comparison is meaningful. Do they have loads of 360,s ?? Im not so bothered by the depreciation to be honest , but i dont like to throw money away!!! (huh!! so why buy Ferrari i hear you say ) its a passion that we are all lured too. I just cannot see the prices of 360,s or the CS falling in the way some people are predicting....Ive seen the new car and quite frankly i IT AINT ALL THAT betta then the 360 in my opinion its in certain areas worse..
355's are mainly at specialists now as the car is getting to classic status at 10 yrs old. Joe, i think there are a LOT of 360's for sale at the mo. As mentioned before, a lot of buyers will part finance their purchase and the economic mood is changing as we write this because of recent rate hikes and talk in the press of a slowdown in house prices.All this has a knock on effect on other economic sectors, especiallly the luxury/sports car mkt. FWIW, because of the i arrival of the 430 i think 360M prices will continue going south followed more slowly by 360 spider . The 360CS IS a rare and desirable car and will prob hold onto it's value for a while yet.
I think Im very very glad that I was actually raised to appreciate sports cars unlike you. Or at least Im very glad I was raised to appreciate English sports cars. i.e. ones to be driven without a roof all yr round. Anybody who doesnt lower a roof between November and April should be banned from owning the car in the first place. But then I was raised on proper cars unlike the Fords that everyone else on here seems to have been raised on.
Joe Maranello's usually have a decent stock of clean late model 355's , hell they even sell 328's these days. The issue was simply supply and demand. Lots of 360's available at the moment James
Interestingly, but not entirely surprisingly, those taking the 'just do it or catch a bus etc' line seem to be those currently owning the 360cs or a 456. It's not a critisism, far from it, to own the CS or a V12 Ferrari, and I totally understand the passionate arguments that follow owning a passionate car. The point is that as Ade, JRS and Graham S state, the vast majority of people DO actually give thought to how much they will lose v ownership and total enjoyment. It's not a case of 'worrying'. If I worried then I wouldn't have bought the Ferrari. I always knew it would be expensive and accepted that I'd sell when it was the right time. Now, I feel is the right time for the 360. I cannot find the time or the inclination to drive it through the winter months, so why not save the depreciation and wait for prices for the CS to adjust to a realistc level, and buy in the spring. I counted 6 for sale in the times on Sunday. To continue to argue that the CS won't depreciate hugely over the next 9 months is pure folly. If you don't care than fine, but for those who do (and not to the point of 'sadness'), then there remains with the use of a small amount of grey matter, a method of getting into and out of one of these cars that will ultimately cost you less. Rob
eh? Either you are on a windup... or you need to stop sniffing that cheap ass glue... if you think appreciating your car means driving around roof down all the time... ignoring the fact that its a performance car... ooops, sorry yours isnt... Go pose in your mgf... around Brighton... And what are you on about, people with Fords? What if anyone on this forum was brought up on Fords... most are driving Ferrari's now...
The brakes issue (assuming they really are that expensive to renew) on the CS is further reasoning for a fall in their prices.
Its nice to finally see an honest appraisal of Ferrari resale values on this site. I normally see people comparing the list price to the main dealer sticker resale prices. And then claiming Ferrari's have near zero depreciation. They always forget the premiums when you buy new, and the dealers commissions when you sell. Sticking to the RHD market there's only a couple of ways (none of them sure fire) your gonna avoid the depreciation hole, and none are easy or sure fire: 1) Order from Europe and wait 2 years for a 430. You'll get the car for 10-20% below uk list, which allows you to drive it for at least a year, and then sell it for what you paid. 2) Wait for the depreciation to plateau and buy 2nd hand. But people often forget these cars are out of warranty then. So although you dont get the massive depriciation hit, you may well get a huge repair bill in its place. 3) Buy an expensive car from a main dealer and insist on an early position on a spider. Then flip the spider to make up the loss on the original car. But usually u'd have to buy a number of cars before you get far enough up the list to make this work. By which time you've lost a packet, or are obviously too rich to care. 4) Wait for someone to be desperate to get out of a car and take advantage. But this may never occur. As for the 360CS. I thinks it looks better then the 430, and probably is a better drive. But IMHO it will take a serious hit because the people that maintain residuals at the top end are the "new model" followers. The people who want the latest and "greatest". And they will undoubtedly move on to the 430. It will obviously command a premium over a 360M, but I can't see it commanding the 30k premium it currently does, once its no longer the newest model.
The LHD vs RHD , I can only say that when i was selling the 355 Spider most people did not want LHD. (No offence to all you guys with LHD cars) the fact was that nearly everyone that has called me (and they still do) were looking for low mileage low owner RHD cars. Please Note : im no dealer so this is only what i experienced selling 1 car.
Buy a Ferrari or any new car your gonna lose MONEY thats a fact guy,s we all know that. But im only disagreeing in the size thats being bounded around due to the arrival of the F430.....Time will tell ........proof will be in the pudding when this car is available.
Well, interesting responses. I have several questions. What is this about taking the bus. What are you a wanker? Is this really your response? If you don't like the topic don't write anything. What is this about driving Fords before? Are you serious? Wanker comment again may be? I like the topic. I think it is nice to see all the advice being offerred. And if we all have forgotten as Ferrari prices come down it gives people the chance to join us in ownership. They are the owners who dream about owning their first Ferrari. They are the ones that are coming up to help buy our cars. Anyway, back to topic at hand. I feel you (Garyh) should look at what characteristics you like in your sports car like price, styling, cost of ownership, the way it drives, and of course the joy it brings you. It might be keep your current car. It might be sell your car buy another like F355. Or it might be sell current car and wait for F430. I know you will make a good choice no matter what. I wish you well. Cheers
Its good to see everyone is passionate about this subject (ha ha... or bored steve). hum...Talk of 'worrying' is missing my point slightly, I was simply just talking about budgeting. For example my budget on my 355 Spider is a sensible: 5K depreciation p/yr 5K enhancement and maintainence 2K insurance 1K Storage ---------- 13K per annum (v rough figures guys) I spent 17K in the end last yr, but thats just part of the game and I'm new to it . But it doesn't put me off, rather makes me work harder and next yr my budget is 17K.. Awesume.
In 3 yrs you will have spent 3/4 of your cars value if you keep this up ! A more sensible figure is £1k for insurance and £1.5 k for servicing, exc belt service.
On the subject of left hand drive - the one thing I'd hate is that every time I'm behind a lorry or a huge 4x4 I would have to practically move out into the other lane to get a look to see whether I could overtake or not.....not exactly a safe thing to do. Fine if there's no cars around, but we all live in the uk where tail backs or slow moving lines of traffic are the norm. We have the ferrari so that we can safely blast by these people when time and safety permits. Rhd makes this a much easier thing to do imho.
Very Good point Andy!!! ;-) I believe it prob takes a fairly good driver to handle the LHD probs and manuverability.
I can't even imagine how hard it would be a Murci.... probably near impossible so u would just have to cruise. ah yeah.
If the primary use would be a track day weapon this this is much less of an issue. Still not sure it would make me get a LHD. James
LHD is ok if you want to get rid of the wife pull out to overtake bang she has gone and it was her fault as she should of said something was coming
Thats the opposite of the way I drive in France for a holiday each year. Sure as Hell helps long journeys pass quickly with the arguements that ensue. Either that or her map reading skills! Ken
James - I agree completely, which is why you see so many left hookers at the performance driving days on tracks that various schools have. But like you I dont think it would be enough to get me to buy one. On the subject of hookers , I guess a LHD car makes it easier for a spot of kerb crawling....but again thats not quite enough to entice me to buy one.
