is the bubble due to burst? | Page 11 | FerrariChat

is the bubble due to burst?

Discussion in 'Vintage Ferrari Market' started by PFSEX, Jan 18, 2013.

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  1. DaytonaKP

    DaytonaKP Karting

    Sep 6, 2007
    104
    West Sussex
    Full Name:
    KP
    There are loads of Dino's for sale in the U.K. motor magazines all of a sudden. Similarly, over the past few months there are lot of 275 and 330 GTS' for sale even though their numbers are few (this particular model seems well over priced in my very personal view). As prices apparently rise more sellers are drawn out, prices level off and prices hold for a while, possibly drop but may move up again once the latest crop of cars are sold. I have seen this pattern with the Daytona over the past few years and as far as I am concerned it is still happening. F40's seem to have settled after recent rises. Lusso's are still cheap (I believe). 275's unstoppable, etc. I think there ARE bubbles but they are model specific and their are no signs of crashes, simply readjustments.
     
  2. 275GTBSaran

    275GTBSaran Formula Junior

    Mar 5, 2012
    966
    Zurich, Switzerland
    Full Name:
    Le Monde Edmond
    Yes BIRA your very right about this. This is a very important point. Ferrari is very good at this. Better than almost any other brand. Much like Patek is good at it in the watch world.
     
  3. Ferrari 308 Vetro

    Ferrari 308 Vetro F1 Rookie

    Nov 12, 2012
    4,426
    Austria
    #253 Ferrari 308 Vetro, Mar 18, 2013
    Last edited by a moderator: Sep 7, 2017
  4. 275GTBSaran

    275GTBSaran Formula Junior

    Mar 5, 2012
    966
    Zurich, Switzerland
    Full Name:
    Le Monde Edmond
    Lusso's were cheap. No longer. Now finding a good one under $1m is very difficult.
    275s are rightfully strongly priced. Its an icon, and perhaps one of the best road cars (275 GTB/4) Ferrari has ever built...
     
  5. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    Ferrari has always been good at fostering the image (AKA: The Myth).
    Enzo learned early the value of good press.
    IIRC One of his early ambitions was to be a sports writer.
     
  6. DaytonaKP

    DaytonaKP Karting

    Sep 6, 2007
    104
    West Sussex
    Full Name:
    KP
    I hesitate to bring up the issue of how (realtively) cheap the Daytona appears right now, in comparison, as there are other threads specifically covering this very topic. But it does look a bit of a bargain. In comparison I stress! And I am biased.

    Daytona Ramblings - Home
     
  7. sherpa23

    sherpa23 F1 World Champ
    Owner Rossa Subscribed

    May 28, 2003
    10,008
    Rocky Mountains
    Full Name:
    Bastuna
    Agreed.
     
  8. merstheman

    merstheman F1 Rookie

    Apr 13, 2007
    4,670
    São Paulo, Brazil
    Full Name:
    Mario
    Didn't the Facels run Chrysler engines? That makes a big difference regarding collectibility...
     
  9. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
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    David
    I believe the smaller ones had motors of their own design.
     
  10. Timmmmmmmmmmy

    Timmmmmmmmmmy F1 Rookie

    Apr 5, 2010
    2,848
    NZ
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    Timothy Russell
    Absolutely agree.

    Either we are on the edge of the precipice or its going to go nuts. $20 $30 or even $40 million wouldnt be a surprise with a car like that
     
  11. tritone

    tritone F1 Veteran
    Silver Subscribed

    Dec 8, 2003
    7,199
    On the Rock
    Full Name:
    James
    Yes the big Facels were all Chrysler powered; the earliest Hemi's, then 360's. The Small Facel (Facellia) were Volvo I-4 powered. That killed the brand......

    The Facel "train is leaving the station" already. Junk is approaching $75k US, properly done cars are already passing $130k US. Because of their "pedestrian" Chrysler motors, they have not benefitted from good care over the years; not many left, many are seriously rusty. The styling is an acquired taste, for many. They fit the bill for a knowledgeable collector who likes to travel slightly outside the mainstream of Italian, German and British GT's. And the 200 - 300 hp with huge torque doesn't hurt either! Handling is not their strong point.....Although there are a number of cars in the US, they are much more popular in Europe today. Good restoration projects are scarce.
    NB: I have a fresh 300B Hemi just waiting for a new home, so have been following these for some time.
     
  12. kare

    kare F1 Rookie
    Consultant

    Nov 11, 2003
    3,844
    Vizsla is right. They first build an inline-4 of their own - a total lemon - before switching to Volvo. Best wishes, Kare
     
  13. BIRA

    BIRA Formula Junior

    Jun 15, 2007
    956
    They were manufactured actually by Pont-a-Mousson, then run interestingly by Michel Paul-Cavallier of SEFAC fame. The Paul-Cavallier family was the controlling shareholder of PAM at that time and Michel was certainly keen on cars, being a big client of Ferrari incl 410 Scaglietti berlinetta and ended up on the Board of SEFAC.
    Still the garantee given by FACEL for the engine , a sophisticated but unreliabLe DOHC 4 cyl, killed the company as almost every client rushed to have a free exchange...
     
  14. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
    41,692
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    David
    Had a big motored GTO too, if I remember right.
     
  15. miurasv

    miurasv F1 World Champ

    Nov 19, 2008
    10,754
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    Full Name:
    Steven Robertson
    330 LM. #4561SA.
     
  16. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
    41,692
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    David
    Thanks.
     
  17. LamboRider

    LamboRider Formula Junior

    Feb 9, 2011
    465
    While Daytonas aresuperior drivers and mechanically wonderful they are just not pretty. Long hood, odd vents, and then the most beautiful curves are in the rear. Comppletely unbalanced design.

    Try finding one in good condition. If you can, then the owners think they are worth a Daytona Spider
     
  18. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
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    David
    Hmm.
    I think you've got it backwards.
    Daytonas are stunning but not great around town drivers.

    Oh, just saw your name.
    ;)
     
  19. Mrpbody44

    Mrpbody44 F1 Veteran

    Jul 5, 2007
    7,899
    St Augustine Florida
    Full Name:
    Steve Metz
    These if they are real have been selling in the $60,000-$80,000 range for a while. Lots of folks use them with their yachts as a get around car to be off loaded at port. I see them on boats in Italy and Greece.
     
  20. miurasv

    miurasv F1 World Champ

    Nov 19, 2008
    10,754
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    Steven Robertson
  21. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    34,433
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    Joe Mansion
  22. 330 4HL

    330 4HL Formula 3

    May 12, 2005
    1,635
    Vancouver
    Full Name:
    Rick Bradner
    estimate seems very low even if it needs lots of rust repair; although it looks pretty solid in the photo.
    engines aren't too expensive compared to our cars.
     
  23. BIRA

    BIRA Formula Junior

    Jun 15, 2007
    956
    How many automatic Ghiblis were built??
     
  24. DaytonaKP

    DaytonaKP Karting

    Sep 6, 2007
    104
    West Sussex
    Full Name:
    KP
    "not pretty....unbalanced" coming from a Lambo guy I would expect nothing less! When was a long hood (bonnet) a bad thing? How many 60s/70s classic have a short hood (bonnet)? A great big V12 needs a bit of space up front, don't you know?
     
  25. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    Even at that price level it seems way too steep for novelties.
    But then again they are a "special case".

    Does anyone have a good handle on the size of the market?
    How many transactions are there on an annual basis?
    How many of those are to end users?
     

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