Depreciation thread # 29 | FerrariChat
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Depreciation thread # 29

Discussion in 'Ferrari Discussion (not model specific)' started by Sfumato, Dec 26, 2008.

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  1. Sfumato

    Sfumato F1 World Champ

    Nov 1, 2003
    10,194
    Llanfairpwllgwyngyll, Anglesey, Wales
    Full Name:
    Angus Podgorney
    #1 Sfumato, Dec 26, 2008
    Last edited by a moderator: Sep 7, 2017
    My Yukon Hybrid is worth 1/2 what I paid even after the $15k "dumass you're upside-down in your trade" discount. It has 3200 mi on it and just had a belt service. I bought it to tow my 430/599/250GTO/Mondial/insert whatever-the-fnck some overleveraged pinhead just sold me to keep miles down on it.

    Do you think that the nicest car salesman in the world would sell me an exotic car that is still depreciating? Surely not. Still, there are rows/pages of (insert model here) for sale. The HELOC and LMA should cover the interest on the cars. I'd cross post this in every forum, but various noobs have done so. Maybe religion/politics?

    Even the Ferrari domain name is depreciating, and my new Hotwheels 288 is worth more than a nice QV 308. These cars must be pieces of crap to depreciate like this in such a strong economy.

    I heard Warren Fitzgerald just passed on an AAC 815 for 210k, and Mr.K is repainting all his cars yellow to use as hacks in the city. Mike Parkes just sold his 330 LMB for scrap. What will we do, what will we do?

    Please note, the aforementioned people do not condone this thread, nor are they anything but quite amazing people who are/were above the kind of BS rampant which this thread is aimed. I may or may not have met some of them. Please help raise money for the "Save the Sycophants Fund", and start another depreciation thread today. :) :) :) <-obligatory smilies for the irony impaired. I actually had a few interested in a Dino Spyder/Challenge/F40/599 package offer at 275k. All cars are now off market, in good homes.

    Happy Chicken Little Day
    XXOO
    Angus
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  2. darth550

    darth550 Six Time F1 World Champ
    Lifetime Rossa

    Jul 14, 2003
    61,175
    In front of you
    Full Name:
    BCHC
    #2 darth550, Dec 26, 2008
    At least you're not still waiting for etoys to rebound! :rolleyes:
     
  3. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    33,259
    E ' ' '/ F
    Full Name:
    Splenda Daddy
    #3 GrigioGuy, Dec 26, 2008
    Due to the faltering economy, this is now Depreciation Thread # 23. Better get out before it becomes Depreciation Thread # 16...
     
  4. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    #4 Simon^2, Dec 26, 2008
    Lee, look at the bright side... at least you can sell that Yukon for scrap in 20 years... someone will have to pay to get rid of ride in the pic you posted... Simon :D
     
  5. absent

    absent F1 Veteran
    Lifetime Rossa

    Nov 2, 2003
    8,810
    illinois
    Full Name:
    mark k.
    #5 absent, Dec 26, 2008
    It's the End of the World.
    Even such magnificent cars like Ford Focus have lost their magic,not long ago would sell for list,no discounts and in most areas you had to be a friend of the dealer to get one at MSRP.
    Now, a year old example can be had for half the original price,those interested pm me so I can put you in touch with a dealer that has these prices.....
     
  6. Meister

    Meister F1 Veteran
    Silver Subscribed

    Apr 27, 2001
    5,516
    Duluth, MN
    Full Name:
    The Meister
    #6 Meister, Dec 26, 2008
    Easy on the Eggnog Rudolph
     
  7. Neonzapper

    Neonzapper F1 Rookie

    Oct 19, 2008
    2,580
    MD/FL/Philippines
    Full Name:
    Mykol
    #7 Neonzapper, May 30, 2009
    EVERY dealer has those prices

    LOL
     

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