Ferrari F80 value thread

Incorrect
The majority of buyers do care. At least those who buy their cars with funds they have earned after decades of hard work.

 

If we bring a little philosophy to the debate, I personally find that this is the limit with this kind of car. Not to ride with it for fear of depreciation is ultimately not to be free and to use this freedom that such financial means gives.
So, what's the point of buying such an expensive car if you're not "free" to take advantage of it? If you ask me, I think that far too much forget that the final destination in the more or less long term is a narrow box under a thick layer of earth for a few hundred billion years... Being a collector is the belief that you have time...
If I had the means to buy an F50, I can guarantee you that I drive it 15000 kms a year!
When I bought my F 12, I considered it to be worth zero, and 9 years later I still think so. I love freedom more than everything, and when you constrain yourself, this freedom s feeling disappears...
If money does not allow you to be free in life and passions, then... there is no point in having it !

 

I believe you are incorrect for the most part but perhaps there are a few out there that in it for the appreciation and if that's the case they are in the wrong business. People I know just love having these and others in their collection and appreciation is a bonus. With that said they may care about depreciation depending on the extent. There are too many factors that determine the long term value of a car and we are very early in the cycle of these new ones for anyone to have any idea. All speculation at this point so it would be ignorant to purchase if your goal is solely to make money.

 

Exactly my point and this is most typical.

 

Indeed.

Money, and making it, is a means to an end. Not the end in and of itself.

 

The objective is that it offers freedom, there's not much above it, right ?

 

Independently of how much they've enjoyed the cars all the owners to whom Ferrari over the years gave the privilege of being able to purchase the 288GTO, F40, F50, Enzo and LaFerrari models and, who did not sell the cars keeping them to this day, made an excellent investment as a result of the brutal valuations that all these models suffered.
But now the bar is set very, very high with the F80. With a base price of around 3.5 million Euros, which is practically triple the base price of the LaFerrari in 2013, the inevitable question that many are already asking is if this car is really worth all those millions? If the F80 with 799 units produced would increase in value three times in 11 years, as happened with the LaFerrari with only 499 units produced, in 2035 its obscene price will be around 10.5 million Euros.
Currently the F80 is the fastest road legal Ferrari but beyond that there is little else in terms of charisma. So my guess is that the LaFerrari will always have a stronger valuation due to the fact that it has many more attributes that make it a much more desirable Ferrari.

 

Isn't charisma found in the driving experience? How can you say that then, without us having an account of that experience yet?

 

In fact, the etymology of charisma can be summarized as something that "attracts people attention and admiration".

Therefore, a car charisma is not limited to the driving experience, but rather a set of various intangible elements seen individually or collectively. That is why a person who, for example, has never driven a 250 GTO can consider it charismatic. That is why children have posters of F40/F50/Enzo/LaF on their bedroom walls.

But of course the driving experience is part of charisma, along with many other aspects. Including the sound, something that the F80 does not have, and the design, which is at best just ok, miles behind the Big 5.

 

Even though I agree with everything else, these two aspects are highly subjective. Not to mention that the sound is also a matter of regulations. Will be interesting though to hear how it sounds inside.

 

Both wouldn't be too insurmountable, but would take a lot of time and money.

To remove the hybrid system of the LAF would previously have been almost impossible, but since Ferrari created the SP3 they basically already did it. So you would just need the parts from it as well as the engine mapping.

Manual swapping an Enzo would be a lot easier than people think. The main snags would be remapping the ECUS, installing a clutch pedal, and making a center console that will accommodate the shifter. I have always wanted to do that project but I am missing the car and a proper mill.

 

ab08 already answered your question better than I would have been able to.

 

You are missing my point. My point is that people who work for their money want to see the value in everything they buy regardless of whether they can easily afford it or not. They are not price-insensitive. Thinking that one can triple the value of an item with zero reaction from the client base because they can all easily afford it is nonsense.
Depreciation is another topic. However if you believe that the majority of buyers dont care about it, you would be seeing LaFs for sale with 20-30,000 miles. The car is as usable as a 296. If so, where are they?

 

The new price of the LaFerrari in 2024-dollars is over $2 million dollars, mind you.

 

I guess you are missing my point once again although I have been very clear, we are going in circles. Of course we want to see value in our purchases, that is a given. My point for the last time is that when you are spending $3m to $4M on a single car, appreciation is not your sole driver, it is a potential benefit and at the end of the day it wont matter to your finances. Running in Ferrari Club/Challenge we spend between $1m and $1.5 annually and I can tell you the value is not there and it doesn't matter as it's a rounding error. 2 years and you have F80. How would you justify this? Because it's fun? It certainly doesn't help your balance sheet. This is perspective.

In regards to mileage, keep in mind that when you have multiple cars it is impossible to use them all consistently. Moreover, you have to worry about where you park them so you end up being very selective in their use. I have multiple cars that just sit plugged in and I am not a huge collector like some of these guys.

 

I'm also guessing the Enzo tub doesn't have passages to accommodate shift linkage or the clutch cable. I'm not sure how similar the gearbox itself is to Ferrari's other units, but the shift mechanism itself may present challenges if a 430/575 unit wouldn't work. That sounds like a lot of complex fabrication. It's a beautiful dream, though, and I hope someone tries it.

 

Not sure I think this way. You can’t know the charisma of a car without driving it. The driving experience is the charisma of a car and the appearance adds some context and detail. Both Countach and Testarossa are bombastic-looking poster cars but you can’t tell their true personality without driving them - and when you do, you find they are quite different. To look at, you would think they are both super-aggressive, wild cars but the Testarossa is a true GT and not at all bombastic like the Countach. A 911 GT3 touring and a 911 GTS are not so different in appearance but are worlds apart in charisma. You would just never believe how different they are from their appearance. Our 930 Turbo has a complex character, not as you might imagine given its appearance. It is partly (but not wholly) as wild as its appearance suggests, but it is also a super-comfortable GT car, so it has a complicated and very split personality which is not really suggested by its appearance.

There is so much detail and so many little intimacies when you drive exotic cars, you simply cannot know them (and by definition their charisma) by looking at them. Just like a person. You can assimilate a first impression by looking at someone but we are so detailed and complex that you need to spend time talking and being with someone to understand them. And they are often very different to how they appear.

 

Only time will tell but I think guys may make more off a sf90xx than the F80.

 

I heard of one being sold in Europe for €2.5m, which, if true, suggests that €3.5m for F80 will be ok. Not sure I fully believe it because that seems a lot of money for an XX (though ours is just arriving and it does looks good). XX won’t settle there IMO though.

 

A lot of complex fabrication that would be worth it! I, as well as some of my good friends, fabricated some of the parts on my 360 conversion. It can be done

 

I never thought I’d say it but the XX is growing on me…it is a good looking car, it will be a good performer and of course it has all the electric rubbish but so do its main rivals…it is also 3 times cheaper than an F80 and produced in low numbers…

 

Sf90xx isn’t worth 2m euros over a standard sf90 imo, it’s just not different enough

 

I'll take the new Aston Martin Valhalla over the F80

 

Yeah 799 sf90xx coupes which is the same number as the f80. I know they'll also be 599 sf90xx spiders. Will be interesting to see as I'd take a v8 hybrid over a v6 hybrid any of the day of the week. They really needed at least a V8, preferably a v12 in the F80.