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Ferrari prices going up?

Discussion in 'Ferrari Discussion (not model specific)' started by ASK328, Mar 30, 2010.

  1. ASK328

    ASK328 Formula 3
    Rossa Subscribed

    Sep 23, 2005
    2,326
    Full Name:
    Andrew
    I have been looking for a nice 360 coupe or 355 Berlinetta and it seems to me that prices are going up and also that good cars are VERY hard to find.

    Others experiences?
     
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  3. ace_pilot

    ace_pilot Formula Junior

    Sep 6, 2007
    897
    Long Island, NY
    Full Name:
    George
    Have noticed the same. But I think it's either that the desparate sellers are mostly gone, or the economy is getting better and sellers are holding on to them longer. Just keep looking...

    Ace
     
  4. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    Here are over 200 of them for sale starting at 57K...

    http://autos.yahoo.com/used-cars/ferrari-360_modena-overview
     
  5. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    20,700
    Fullerton, California
    Full Name:
    Jon
  6. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    Let's try again.

    If you wanted to buy one at a reasonable price would it be hard?

    If you want to buy one six months from now will it be hard?

    If you want to buy one six months from now will it cost less than it will today?
     
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  8. targanero

    targanero Formula 3

    May 31, 2005
    1,647
    New York
    Full Name:
    Simon
    355 and 360 prices are still dropping, but maybe not quite as rapidly as they were dropping over the past year and a half. Since neither jobs nor housing will be leading the economic recovery maybe used ferraris will! ;-)
     
  9. Husker

    Husker F1 Veteran
    Silver Subscribed

    Dec 31, 2003
    8,843
    western hemisphere
    no, no, and yes. :eek:
     
  10. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    20,700
    Fullerton, California
    Full Name:
    Jon
    We have a winner.
     
  11. ferraripete

    ferraripete F1 World Champ

    no
    no
    yes
     
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  13. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    31,039
    Calling a penalty
    Full Name:
    Mike
    No
    If it isn't hard now, then it shouldn't be in six months
    Don't know, nobody has a crystal ball
     
  14. JSL

    JSL Formula 3

    Jan 5, 2002
    2,212
    California
    Full Name:
    J.S. Leonard
    355 prices are on the way up! Yes, especially 97 355B's in Argento. Expect them to top $100K by the end of the year. BTW, my 97 Argento 355B isn't for sale!



    (Unless you believe me and want to pay the $100K now in anticipation of all that future appreciation!)
     
  15. DerWebMeister

    Aug 21, 2007
    119
    Columbus, OH
    Full Name:
    Timothy
    One aspect is that future maintenance costs will either remain the same in 6 months or appreciate in cost. Regardless of the model. Those 550 Maranello prices are surely tempting, that V-12 looks just like the 612 engine and to have it in a manual 6 speed would be cool.

    So after financing the whole cost amount, how do you want to pay for the 30k or just a simple clutch or brake job?

    The car may tarnish, but the maintenance is solid gold.
     
  16. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    20,700
    Fullerton, California
    Full Name:
    Jon
    Obviously silver 355s are going through the roof. We were talking about other Ferraris.
     
  17. TheMayor

    TheMayor Eight Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    83,395
    Vegas baby
    The answer is... "its the economy, stupid".
     
  18. Fred2

    Fred2 F1 World Champ
    Silver Subscribed

    Jan 2, 2005
    13,426
    nj
    It's SPRING time, the time when a young man's heart lusts for a Sports Car.
     
  19. JSL

    JSL Formula 3

    Jan 5, 2002
    2,212
    California
    Full Name:
    J.S. Leonard
    Oh, well, now I understand.
     
  20. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
    11,253
    Colorado
    Full Name:
    Dave
    I saw two 328 GTBs listed recently at 90K and 100K. My net worth increased a lot while I slept!

    Dave
     
  21. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    20,700
    Fullerton, California
    Full Name:
    Jon
    Yeah just don't check the F430s listed just north of the 328s...
     
  22. 430tdf

    430tdf Karting

    Aug 7, 2008
    159
    Edmonton, Alberta
    Full Name:
    Brett
    See, that’s why I diversified my portfolio and have both a 328 and a 430.
    That way I'm covered no matter which way the market goes down.
     
  23. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
    11,253
    Colorado
    Full Name:
    Dave
    My '05 has not changed in value much in the last 18 months. Seems the bottom end has been holding at about 110K+/-. I'm sure the newer ones are a different story.

    Dave
     
  24. Call Me Daddy

    Call Me Daddy Karting

    Jan 11, 2009
    201
    Seal Beach, CA
    Full Name:
    Joe
    I agree with this. Seasonal like the real estate market.
     

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