Do You Think It Was Too Soon? | FerrariChat
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Do You Think It Was Too Soon?

Discussion in 'Ferrari Discussion (not model specific)' started by challenge.stradale, Jan 13, 2006.

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  1. challenge.stradale

    challenge.stradale Rookie

    May 14, 2004
    2
    #1 challenge.stradale, Jan 13, 2006
    Originally this was in the Super Ferrari section, but I thought it would get better responses in here. I hope its fine with everyone.
    ------------------------------------------------------------------------
    Hey Everyrone!
    I'm new to the forums, well not new, I've been lurking around for an extremely long time without anything important to say:D
    My name is Leke, pronounced (Lehykay) and I'm 16. My family doesnt own any Ferraris, but I am absolutetly in love with them and would probably be willing to do just about anything for even a ride in one of these beasts.

    Time for my first post!

    My brother and I were recently discussing the debut of the new FXX. At first, and I admit, I absolutely hated the looks of it. But now, they're growing on me pretty damn quick. My brother even went as far to call it a "Bangle-ized Enzo ." After about 10 minutes of discussion about the car, my brother then tells me, "Ferrari brought out the FXX way too soon." It took me a second to process this, and I asked him what he meant. He said, "The FXX is, in esence, a modded version of the Enzo, which is Ferraris Flagship Super Car. There were roughly 400 Enzo built, which will keep the values on them pretty high, well over what they originally were sold for. With the FXX, it's just like another 29 Enzos were built. Its just like when I got my WRX, the resale value immediately dropped when the WRX STi came out. Do you get it?" My rebuttle to this was that the FXX is a completely different Car than the Enzo, in the sense that it cant be driven on the street. Two completely different applications. He said, "You've got a point. But one of the reasons that Ferraris, and many other very high-end cars, retain their value is because of their availability, plus their status. The Enzo isnt the 'Top Dog' in the Ferrari fleet anymore, and that should affect their prices. The car only came out a few years ago, and they are rolling out another super car? Look at the time between the release of the F40, F50, and the Enzo. Would anybody be talking about the F40 if the F50 was released 3 days after it was? I know its not the same timespan as the Enzo and FXX, but its the concept. Plus now, there are talks about another super car in the works, the F60, which I'm sure will out-do the FXX. It has to. When Ferrari is building a car, they build it better than it's predicessor. 3 Ferrari Super Cars in probably around 10 years? It all seems too fast to me."

    The conversation slowly progressed away from the FXX, to eventually me scheming about which banks I could rob to get enough money for that Zonda F I've been having dreams about for the last few months:( .

    So anyway, what your guys' , and gals', take on the speedy release of Ferrari's Super Cars? Would you have wanted to see a larger time interval between these two cars, and the "F60" that is supposedly in the works? Or would you rather have them come closer? Any thoughts and or opinions would be exciting to read.

    Have A Good One,
    Leke
     
  2. jimwalking

    jimwalking Formula Junior

    Jan 3, 2006
    489
    #2 jimwalking, Jan 13, 2006
    The constant release of Ferrari supercars keeps the marque in the automotive press. I firmly believe the growth of new Ferrari sales of all models can be attributed to the coattails phenomena of the supercars. With the F-1 results of 2005 and the Schumacher to Toyota rumors Ferrari needs a positive to keep sales at their present levels, the announcement of the next supercar could be that spark. BTW, the F60 was the Enzo and the names were used interchaneably before Enzo stuck. The next Ferrari supercar will just have a number name IMO, unless they reuse GTO or Daytona to create a media circus.
     
  3. nevpugh68

    nevpugh68 Rookie

    Nov 2, 2003
    49
    Ashby de la Zouch, UK
    Full Name:
    Neville Pugh
    #3 nevpugh68, Jan 14, 2006
    It's the old supply and demand thing, and the every increasing product turn around we have now-a-days .... same with every marketable product (TV's, computers etc) everything goes "out of date" so rapidly and there's always someone else bringing something new out in your product area. Ferrari are just trying to keep up with everyone else and keep their market share of the limelight.

    I work in the retail fashion trade in the UK and it's even worse. Fashions used to last for a year, or a few years, or even a decade (think the 60's) but now they are changing WITHIN one season (clothes trade season is either SS (spring summer) or AW (autumn winter)) and we have to be constantly trying to catch up on what's in "this month" and trying to rush a marketable product out on the shop floor ASAP before that fashion passes !

    So no, not "too soon". Ferrari are just trying to keep their market share (and their name in the magazines and papers)

    Nev

    p.s. It's such a pleasure to, for a change, read such an elloquant and correctly punctuated section of text from a 16 year old ! I was giving up hope that anyone aged under 20 would b abl 2 tlk prprly evr agn ! If you are ever in the Midlands, UK you can certainly come for a spin in my old girl :)
     
  4. RP

    RP F1 World Champ

    Feb 9, 2005
    17,667
    Bocahuahua, Florxico
    Full Name:
    Tone Def
    #4 RP, Jan 14, 2006
    Challenge:
    Very thoughtful thread, good first post.

    You are right, the FXX was not meant for the street, and addtionally you had to be invited to buy one. Timng was not an issue. In fact I thought the timing from a marketing standpoint was just about right.

    So unlike your Subaru comparison, the market was not flooded by a new model or a spin-off of an existing car. The FXX had no effect on the Enzo values, which I believe will stabilize at around $850,000 by summer. On the other hand, the FXX will be a precious commmodity and trade well into seven figures until its replacement in 3-4 years. In my humble opinion.
     
  5. alin13

    alin13 Karting

    Jan 1, 2006
    230
    #5 alin13, Jan 14, 2006
    I'm not too sure if this was ever an agenda for Ferrari, but perhaps they released the FXX to direct media's attention back to Ferrari a bit. Since Enzo's launch, a succession of supercars were released: CGT, SLR, Zonda F, CCR and finally the 250+mph Veyron. These supercars directed the spotlight away from Ferrari a little and I think the release of the FXX will direct people's attention back to Ferrari again as the ultimate supercar maker.
    Furthermore, it seems that we're going through another golden time of supercar production, with many new releases on the market and many people queing up to buy one, so releasing the FXX now and the rumoured F60 in about 2-3 year's time doesn't seem to be too bad from a marketing point of view. From the buyer's point of view, i doubt the value of these supercars will drop much. They were all limited editions and don't forget that Ferrari has the biggest name in the supercar business, so there value should hold quite well, look at the older ultimate supercars from Ferrari, 288GTO, F40 and the F50 have all held there values pretty well. So no, i don't they come too soon
     

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