in general what late model car bought use guaranteed appreciate

I haven't been paying attention to what they're trading for these days, but I would have thought the Lexus LFA would tick all the boxes needed to appreciate in value.

 

Will the LaFerrari be among these? Are they selling at twice MSRP like Enzos did?

A 2010 Solstice, regardless of coupe or roadster, has to have potential:

There were only 20 made!

 

Of course I doubt the Solstice will be the next Tucker, that was probably the very first car to sell at a premium when new, and only ever dipped below msrp for a short time in the mid 50s when they didn't have that much collector appeal. They skyrocketed shortly after...

 

No such thing as guaranteed appreciation.

 

Late model and appreciation - don't go together.

What people should be taking note of is DEPRECIATION. That's the sting you read about over and over on these boards regarding owners who have dumped big money in a short time buying the latest and greatest and they are scratching their head wondering how that happend. Buy something 10 years old or more near the bottom of its depreciation curve. Yes, you pay maintenance, belts, fuel, all of that, still cheaper than a new car.

There are plenty of Ferraris out there to choose from - 308s up through 360s and even 12 cyl cars. If you pay more attention to your wallet than your ego, these are the cars to buy.

 

Basically, if a vehicle has less than 500 copies of it made it will go up in value; and if a car has more than 10,000 model made it will depreciate like any other ar (except at perhaps 1/2 the std rate.)

 

Not many modern cars will appreciate.

If you want to experience appreciation, get a golden retriever.

 

none of the modern ones, even the "limited ones".

cost to get, maintain, insure. If something breaks, it ain't cheap
plus, appreciation seems to be the realm of 30+ year old cars.
Ferrari ain't stupid either... they set the price of new stuff at the level people will pay, given the limited quantity

Plus, there is economic conditions...

lets face it, we all cringe at a wrecked 430. But in the end, it is easily to replace, no matter what the color / options are.

a badly wrecked 275 / daytona / boxer makes us all cry... difficult to replace.

 

I know o a Guy in L.A. who bought a used McLaren Mercedes SLR had it for 2 years and sold it for more than he bought it for. He says they appreciated.

 

Not many sure bets. The GT is safe I'm sad to say. They hit bottom and started heading up. Add to that ones that are wrecked or heavily modded and the stock cars are doing well. Many owners have two it seems for that reason. Porsche CGT, limited edition supercar. All the right stuff, like the GT, one of the last drivers cars. I think you might see some of the special Vipers heading upwards, but only certain models/ colors. Pagani is a safe bet I'm sure, but not legal in the US.
The ZR1 isn't exotic enough, same with the GTR. 458 and MP4 both are headed down, especially with the spiders out. Modern cars for the most part just don't have that unique feeling. Even the model muscle cars. They are all the same, no special order codes that produced the rare one offs of the original era.

 

Agree with this.

Apart from the LaFerrari/LaEnzo/LaF50, Ford GT, possibly Porsche CGT, I wouldn't expect many or any to appreciate, and for those there are still a lot of cars with odometers in the hundreds -- i.e., you need to buy it, cover it and not drive it.

Ford GT is interesting, because demand is strong but in effect there's an endless supply of new cars still in the plastic, because guys bought them as investments from day one.

BMW Z8 and Porsche 993 TT seem like safe buys to me, but as Nativetroy said mdern cars aren't unique works of manufacturing art. I like both, but "guaranteed appreciation"? No.

 

This is probably outside the time frame of the question. But I would guess that if you brought a good 550 for say $60,000, odds are it will go up in value over the next few years or so. It might not go up a whole lot, but it would pay dividends in smiles per mile.

Dale

 

Dale, I agree with you. Some of these cars will appreciate, but if you just miss depreciation you're doing good. Especially if you're driving a Ferrari.