Hi Guys, I was just wondering your thoughts on the Enzo as a somewhat form of longterm investment, I have my suspicions that it will replicate, if not exceed the likes of a Ferrari 250 GTO in years to come, and assume that in the next 50 years that the cars could be selling for over and above $10, 000, 000. I know that could sound a bit excessive however thats just my outlook and hence I put the question to you out there on exactly how much you think it'll be worth? Cheers
But one thing for sure, I don't see one single reason why the Enzo should replicate 250 GTO's market....
Absolutely, the enzo was never raced, relatively massed produced, and they made quite a bit more than they said they would.
Take the low price that the Enzo has sold for in the last 5 years. Now take 85% of that number and adjust for inflation. That is the price you will get for an Enzo. This is the F-40. Take purchasing power parity on the day it was introduced, and adjust for inflation and multiply by 85%.
People often seem to forget inflation when looking at old cars and values... If you look at $1 in 1963 thats equivalent to $8.60 now. FML lists them at $1160 asking currently... Sooo.... 8.6x that = $9.96m.... Add to that maintenance cost, insurance etc and you're looking at a loss at $10m. 50 years is a long time. Edit: Provided average inflation is the same over the next 50 years, yada yada...
The real question is: how collectable will the Enzo be in fifty years. I suspect the perception of the Ferrari brand will be much different then, for the worse, if its still around which might not help. Also, will anyone even be driving cars themselves, on public roadways fifty years from now?
Totally. OK, maybe the 250 GTO is the exception because it went from so low to so high. But aside from the sport race cars, typically the cost of restoration makes the road cars not really great investments. You have to spend a lot of money to make some money. The Enzo will be no different. Yeah, these cars are more about the enjoyment factor today, not in the future. That said, there will still be cars and roads and gasoline 50 years from now so running these cars may be a special thing but not impossible. -F
39 250 GT0"s and 400 enzos? those are the only things anyone needs to know when talking 50 years from now
Worth more than a 250 GTO? No way. I'm fairly young and I'd never pay more for an Enzo. Hell, I'd rather have an F40, 288 GTO or f50 (or LaFerrari) than an Enzo.
It will be worth A TON of money for a few reasons. Its a Ferrari Its limited edition. Think of all the Enzos that will be destroyed between now and 2063. Its named after the company founder and was launched around the beginning of the 21st century. Last but not least, the cars Ferrari will be producing in 2063 will be vastly different from the Enzo, just like the Enzo is vastly different from the 250s. People will be saying the same things they are now, "They don't make em like the Enzo anymore". Who knows, Ferraris may be so advanced in 2063 that they'll be utterly boring to drive. The Enzo will be fun and pre historic then.
This is the one thing I can get behind. If government regulations/electric technology kill the gas guzzling 12 cylinder then i can see the Enzo increasing in value dramatically.
I think the Enzo will become the least valuable car out of the supercar series. Besides 50 years from now, grandmas wheel chair will be faster!!
I couldn't disagree more. The Enzo will always be seen as very special. It was the first of the really modern Ferrari hypercars (carbon ceramics, F1 gearbox only, mind-blowing performance) and till LaFerrari came along it also had the most striking looks.
Here's a contrarian view. Cars are becoming more of an appliance than a status symbol. Self driving cars will continue this trend. Things that are collectible have some sort of status associated with owning it and the rarity of the item enhances the value. The world will be incredibly different 50 years from now. Will there still be a car culture? I am pessimistic about that. Most kids these days don't care about cars.
Who cares no one reading this will be around in 50 years. All cars of today could be worth a lot because the scene will be completely different
Really, what difference does it make? It may be worth $1 billion but a loaf of bread may cost you $20 million. It's all relative.
I agree. Don't be surprised if an Atari 2600 or a Apple 2 in perfect order are things they want. There are people out there now to are fans of the Commodore 64. We've only been collecting cars for about 40 years. We don't think about it but this is actually something new. They used to be just old cars. One thing that usually hurts collectibility: when you create something with the intention of it being collectible, usually it isn't of much value as so.
Striking is not a synonym of beautiful. A Ferrari hypercar needs not be beatiful. She has to be evocative!!!