FERRARI PRICES FALLING-WORLD COMMING TO AN END | FerrariChat

FERRARI PRICES FALLING-WORLD COMMING TO AN END

Discussion in 'Vintage Ferrari Market' started by Vintage V12, Jan 15, 2009.

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  1. Vintage V12

    Vintage V12 Formula 3

    Aug 11, 2004
    1,451
    #1 Vintage V12, Jan 15, 2009
    Last edited by a moderator: Jan 15, 2009
    NEW THREAD
     
  2. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    In all seriousness I am being offered a lot of very nice cars. 250LM, 275 NART Spyder, 250 GTO's. If any of you are really interested let me know. Please don't wank. I have no financial interest in these cars. Strange Days.
     
  3. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,368
    Houston, Texas
    Full Name:
    Bubba
    Tony George's 250LM, or the one with full interior in NART colors........

    I'll stop and get some LOTTO on the way home......

    I am sure you are a lightning rod, for such offers. Sorry about that! :D
     
  4. Rowdy

    Rowdy Karting

    Sep 1, 2005
    120
    Florida
    I have always loved the Lusso, are you being offered any? ball park on price range please
     
  5. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    Haven't been offered that one yet. That one I would stretch for.
     
  6. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,368
    Houston, Texas
    Full Name:
    Bubba
    Last time I looked, it was still in the Museum, but you know, they lost one of AJ's sprint cars, spirited out of the infield storage when backs were turned.........
     
  7. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    As Marcel pointed out there are 20 Lusso's for sale. There's a nice one at Gooding's Auction this Saturday. Details on his site.
     
  8. Rowdy

    Rowdy Karting

    Sep 1, 2005
    120
    Florida
    thanks I will check it out
     
  9. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    If you're seriously interested call David and talk to him. He's a good guy and want's to see cars trade.
     
  10. shaughnessy

    shaughnessy Formula 3
    Rossa Subscribed

    Apr 1, 2004
    1,869
    Wolfeboro NH
    Full Name:
    Thomas E Shaughnessy

    YOU ARE FINALLY admitting this publically !!!!!!

    First step to recovery
    ZAUSNER,OTTIS,SHAUGHNESSY have told you this was coming for the past two years!

    TREES do not grow to the sky


    Well least we have step one accomplished, Now what will you do???
     
  11. yale

    yale Formula Junior

    May 2, 2004
    744
    New York City
    Hmm, seems like we are missing the message that was here. Deleted after some thought? Or the comment from Tom S?
     
  12. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,368
    Houston, Texas
    Full Name:
    Bubba
    No you can only 'edit" for 30 minutes, he reconsidered before Mr. G and I joined in.....

    Are there 11 more steps to go now, Tom S?
     
  13. Rowdy

    Rowdy Karting

    Sep 1, 2005
    120
    Florida
    http://auction.goodingco.com/product.g&c?pid=217

    It is a very nice car, I was hoping the target price would be more in the 500 range, or do you think that is unrealistic even in this market?
     
  14. h00kem

    h00kem Guest

    Dec 15, 2004
    734
    Texas
    All I know is that I am getting calls from dealers that several months ago would barely take my call. Some of these guys must be desperate to sell! Wonder if we will see a comensurate drop in price for services?
     
  15. 275gtb6c

    275gtb6c Formula 3
    Silver Subscribed

    Oct 30, 2006
    1,942
    europe
    Full Name:
    oscar
    #15 275gtb6c, Jan 15, 2009
    Last edited: Jan 15, 2009
    Matt,

    I told you to keep your beauty! This is the time to buy a Dino as well......

    Enjoy, mind you if you sold the car you would had the money but too afraid to do anything with it. So it stays on your bank (or under the mattress) then one day the bank is gone (or the mattress is lifted.........)

    Ciao
    Oscar

    ps looking for a nice F40 or 288......hey your post is gone????
     
  16. John Vardanian

    John Vardanian F1 Rookie

    Jul 1, 2004
    3,080
    San Francisco Area
    Full Name:
    John Vardanian
    I personally would not consider a car nice or otherwise from 6 little photos and the auction house's self serving verbiage. Paint and upholstery are relatively cheap but can mask so much.
     
  17. Drive550PFB

    Drive550PFB Two Time F1 World Champ
    Silver Subscribed

    Want to make some money?




    Plastics!
     
  18. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    I don't think you are being unrealistic but if you're seriously interested you should first call David and if you feel good about the conversation fly out, inspect the car, and if you like what you see bid what you are willing to pay.
     
  19. Vintage V12

    Vintage V12 Formula 3

    Aug 11, 2004
    1,451
    #19 Vintage V12, Jan 15, 2009
    Last edited by a moderator: Jan 15, 2009
    Tom: You have always given me great advice. I kept the tick tick tick e-mail from 6 months ago. I guess I am just ready to let her go yet. Only 200 miles on it since the restoration and looking forward to many thousands more.

    Oscar: 275 50th reunion tour is only 5 years away!

    Happy motoring, matt

    p.s. I just started this thread (heading) to get Tom's attention. He has been quiet for a while.
     
  20. shaughnessy

    shaughnessy Formula 3
    Rossa Subscribed

    Apr 1, 2004
    1,869
    Wolfeboro NH
    Full Name:
    Thomas E Shaughnessy
    Matt don't jump!!!!! It's not worth it !!! It's only a car!
    (and besides you are only on the first floor of the hospital)

    Happy Motoring!!!
     
  21. Tspringer

    Tspringer F1 Veteran

    Apr 11, 2002
    6,155
    I do not understand. Prices may have been falling some.... but thats all about to stop.

    I have it on good authority (from CNN) that "The Defining Moment in History" (that is the exact quote from their TV ad for coverage of this event) will take place within the next 48 hours. Rumor has it that magic dust will be involved and asset values will instantly return to 2006 peaks.

    Why anyone would sell before this universe altering quantum paradigm change happening takes place is beyond me. People are throwing money away! Hold onto your vintage Ferrari (or LA suburb flip house) and sell it next month for double!



    Terry
     
  22. Cris Bertschi

    Cris Bertschi Formula Junior

    Mar 3, 2005
    808
    Buenos Aires
    Full Name:
    Cristián Bertschi
    Though I´m interested in the market I think there are too many threads related to the value of the things we like, Ferrari.

    This is becoming more like MoneyChat than FerrariChat.

    Just my feeling.
    I love nice cars.
    Regards.
    Cris.-
     
  23. geno berns

    geno berns F1 Rookie

    Oct 26, 2006
    3,006
    Midwest
    Full Name:
    Geno
    Gooding Lusso = $704K. Not so bad!

     
  24. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    #24 Napolis, Jan 18, 2009
    Last edited: Jan 18, 2009
    Hammer for Gooding GTL was 640K, 60K under low estimate.

    In May 2008 a GTL sold at RM for $1,702,250. Last night a GTL hammered at RM for 550K.
     
  25. Daytonafan

    Daytonafan F1 Rookie

    Oct 18, 2003
    2,748
    Surrey, England
    Full Name:
    Matthew
    +100,000,000

    Maybe the mods can merge all of the market value threads into one (or make a sub section within the vintage section)?
     

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