Double your $ in a decade Ferraris

The 308 fibreglass is a fair bet. Scarce car, reasonable to maintain. Not sure about the others.

Most of them have been left behind for years because visually they don't stack up to their peers (at least in the market's view). I.e., 365 GTC/4 has long been a fraction of the Daytona for reasons of style, and I don't expect that to change.

Likewise, the Espada and Jarama just look weird. Yes, they're cool, but not beautiful.

I think nice low mileage 328 GTS's will do well. Double? Ummmmmm maybe. People will get tired of all the computerised-paddle shift-digital dash cars, and the 308/328 should be well positioned to scratch that itch.

Boxers should do well. Scarce cars, still look good, and a few nice ones appear to have changed hands in the low $100Ks. Given the falling value of the dollar, $200K+ doesn't seem unreasonable in 2019.

 

Because I have one, and I'm optimistic.

 

Double?

None, I fear.

 

Interesting comment about the 328/return to the "analog" cars. I think the 355, as the most modern/capable of the cars before computerization really took over, could benefit in the same way.

The big question for me is production numbers-is there simply too much of a good thing?

 

Buy Gold! If Omanabolony continues it's almost a sure bet and you will not need to wait a decade.
Docf

 

I agree with Gold. will double in <3 years...

As for Ferrari's...

You better buy something that will comand overseas demand...

Try...

F40
Daytona
365 / 512 Boxers
288 GTO

I have a sweet spot for the 550 Barchetta... so maybe...

 

I think the Exoto and CMC Ferraris will double in the next decade. And no need to change the pesky belts

 

Ok...

I suspect you will be able to buy a ferrari for half the ounces of gold in 2-3 years that it would take today.

 

I personally don't like the idea of a buying any car as an investment.

Being so worried about resale value implies being careful about the mileage...and this is where those famous "garage queens" come from.

As silly as it may sound, IMO, the best way to buy a car (if you really want to enjoy it to the fullest) is to pretend that the money you spend on any given car is money thrown away that you will never get back. Then, when and if you decide to sell the car, whatever you get back is a bonus.

 

You knew I wouldn't be able to keep out of this one!

Gauging by historical trends and conventional wisdom, the cars that always see the greatest appreciation in percentage are just over 30 years old (usually from the mid-to-end of series production). This is because these are the cars at their low value and are hitting the nostalgia tide.

I'll once again give my typical spiel on "production", rarity isn't always in a car's favor. What's more important than production is popularity (or desirability, in the case of higher end cars). For instance, the 308 GTS was produced in far greater numbers than the 308 GT4, but the GTB and GTS will be worth far more. Rarity is the most important when it is a small production high-performance option/package/style of a larger-produced and very popular model. Ferraris tend to usually have rarity equating to value, but only because the best cars (racers) were made in the lowest production. The 246 GT is a good example of how higher production can still mean high prices.

That being said...it's pretty safe to say that in ten years there are a number of Ferraris that will be selling for double what they are right now. Ten years from now all 328s will be 30+ years old. Chances are that all 308s and 328s will be well into their rapid appreciation. I would expect that $100K sales for 3X8s will not be at all uncommon.

308 GT4s will be selling in the $30K-$40K range, because they'll still be so much cheaper than $100K for a carb GTB/GTS. Before you start laughing, about 15 years ago, one could have picked up a 330 2+2 for under $40K, and now they are $100K cars...mostly because they are compared to the two-seat V12s.

I would expect that both the Testarossa and F40 will be double-plus in a decade. Both are iconic high-po cars for the time, and that always helps. Similarly, expect Countach prices to go through the roof. Just like Miuras, they are so wild that collectors buy them just on image and engine sound alone. As those cars fly, expect the BBs to catch a second wind.

I'd expect that Mondials will be the last to double, and that might be 15 years away from now.

My advice is: if you like 308s and 328s, buy them before the economy significantly improves!

 

Having made many good dicisions regarding past winner's eg original 427 Ac Cobra, , 246 GT Dino , and finally the 84 Ferrari 512 BBi which I imported and sold for 310,000 in 88 take the advise given to you by others that no car is an investment. You may have some winners as I did, but your in for some big loses. I regard my Modena as personal pleasure and only that!
I guess if you don't think we are in Manure it doesn't make sense to go any further. Pick a name and go for it!
Docf

 

My 2 cents

1. Bought a 1975 308GT4 in 1987 sold it in 1988 $25K. They are still a $25K car
2. Bought a good example 1977 308 GTB in 1992 sold it in 1995 for $30K. They are still a $30K car.
3. Bought a 1964 330 GT 2+2 in 1994 for $30K. Poured a ton of money into it and sold in in 1998 for $35K. Look at them today..... I can't believe the series 1 cars are selling for the prices adverstised..... at least I wouldn't pay that for one.
4. Bought my current ride, a 1972 GTC/4 in 2003 for $40K. After dropping $60K into it to get it right, I doubt it will ever be worth more than $120-$150K in any type of market.

I agree the 308 GTB fiberglass models appear to readily appreciate, but seriously doubt any other 308 model will. The 328's seem to hold their value pretty well. They are reliable and relatively "inexpensive" to maintain.

Bottom line is, if you drive it and service it, you'll rarely get your money back. That's the price of ownership.

 

to make money on a car you need to things...

1. An appreciating market climate
2. cost of the car must be high enough that the apprciation rate covers the ownership carrying costs.

I bought my F40 in 2005 right befor the prices skyrocketted... I sold in early 2008 right before prices fell. I was lucky that my duration of ownership met both criteria 1 and 2...

 

None of them will make money after factoring in insurance, upkeep, maintenance, and inflation. Most will LOSE money.

Buy them because you love them. Leave speculation to commodities and the market.

 

Good examples of GT4's are selling for $32K+ now, I think they will be even more 10 yrs from now. You'll be lucky to find a poor example now for $16K.


NADA
November 14, 2009
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PRICING


Original MSRP: $23,875 Low Retail Average Retail Value High Retail
Base Price $18,900 $21,600 $29,500
TOTAL PRICE $18,900 $21,600 $29,500

And there have been some nice ones sold in the mid 30's

I think the GT/4's will supprise everyone in time.

Cheers!

 

I think the 550 Maranello is a good bet. Not the 575 (it looks to 'modern' with too many color coded stuff).

Not the reason I'll be buying one though. I don't care whether its worth $1 after I buy one. It's probably the most gorgeous front engined V12 car money can buy since...well ever.

 

very tough question to answer

 

My 87 Mondial has been an amazing investment. I get amazing dividends every time I listen to it warm up in the driveway, every time I get to run wide open on a twisting country road. I wouldn't want to sell it for double what I paid for it. If I had more money I'd buy a 400i to have an Enzo era V12, a 328 to look at and drive, a Mondi hardtop for more daily driving and a 355 spider just because I couldn't help myself.

 

Double in the next ten years ?

None

 

Double in the next 10 years?

All.