is the bubble due to burst? | Page 154 | FerrariChat

is the bubble due to burst?

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

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  1. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
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    Why did al capone go to jail?
     
  2. Prancing 12

    Prancing 12 F1 Rookie
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    May 11, 2004
    2,649
    The long way home
    It had far more miles, IIRC around 16k. I don't have any specifics, but a friend who was there - and happens to own a nice F40 - said it "isn't a nice car"

    The F40 in your link has kms similar to the US car offered by Bonhams and the price is roughly equal to what the Bonhams car would have brought with fees, at the high bid... Since US cars are generally more valuable, it would seem the seller of that car in France is thinking the Euro market is running hot ;)
     
  3. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    22,738
    For Americans/American market ONLY.
    Not for ROW.
    It is all market-specific.
    And don't forget exchange rates, not to mention transport, import, customs, taxes, etc.

    Marcel Massini
     
    375+ likes this.
  4. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    There is absolutely nothing wrong to register in Montana though…theoretically


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  5. Prancing 12

    Prancing 12 F1 Rookie
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    May 11, 2004
    2,649
    The long way home
    Yes, but generally, at any given time, the most expensive F40 on the market will be a US-spec car in the US, once all factors are accounted for.
     
  6. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Totally agree… American cars are not more valuable imo…The purest form of a classic is European imo + no mouse belts;)


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    Thomas S. likes this.
  7. energy88

    energy88 Two Time F1 World Champ
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    Jan 21, 2012
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    West of Fredericksburg, VA
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    John
    Fixed it for you!

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  8. mchas

    mchas F1 Veteran
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    Oct 5, 2004
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    Mark
    No, there were two different cars. One sold for $2.2m before fees ($2.425 with fees), the other sold for $2.625 before fees ($2.892m with fees). Look at ttforcefed’s screenshots.
     
  9. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    I know I was only referring to the 2.2 I posted


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  10. mchas

    mchas F1 Veteran
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    Oct 5, 2004
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    Mark
    Ok, guess I misunderstood. I said F40s are closing in on $3m (because of the $2.89m sale) and you quoted it and said the F40 sold for $2.2m.

    Anyway - carry on, bubble is alive and well!

    A 2008 F430 6-speed sold last night for $307k with fees. That exact car I almost bought in 2017 for $154k. I had a deal on it back then and passed for some stupid reasons. Doubled in 4 years.
     
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  11. energy88

    energy88 Two Time F1 World Champ
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    Who'd ever have thunk this little thing
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    would be good for bubbles?​
     
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  12. Shermanator

    Shermanator Karting

    Aug 31, 2018
    80
    SoCal, Colorado
    Full Name:
    Sherman Gregory
    I think that the car needs to live there, not the human. I have a second home in a different state than my primary home and I have several cars registered there. I register each car where the car primarily stays. Unfortunately neither home is in Montana, but that might change soon.
     
    Natkingcolebasket69 likes this.
  13. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Bummer! Countaches are also flying!


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  14. john a barnes

    john a barnes Karting
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    Dec 19, 2018
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    muskego wi
    Full Name:
    John a Barnes
    I don't see the Carbon weave on the French car. That is just one of the things I've learned over the years to look for. Of course ,I'd want to know a whole more bunch of things. I don't have that kind of coin anyway but I would keep my 348 and buy a 355 next if the market would cool. Market prices are hotter than Houses on some of these. So I will continue to drool on my keyboard!! Haha
     
  15. italiancars

    italiancars F1 Rookie

    Apr 18, 2004
    3,338
    Hershey, PA
    Capone went to jail for failing to pay Federal Income Tax. Registering a car in Montana would an avoidance of a State Sales Tax.
     
    Natkingcolebasket69 likes this.
  16. turbo-joe

    turbo-joe F1 Veteran

    Apr 6, 2008
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    southwest germany and thailand
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    romano schwabel
    but I think this is legal? I have registered cars in germany and also in france because I have property in both countries and so I´m on the legal way. in france there is no car tax :)
     
  17. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Yep but now we have that pollution tax which makes it crazy prices


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  18. turbo-joe

    turbo-joe F1 Veteran

    Apr 6, 2008
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    southwest germany and thailand
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    romano schwabel
    also for historic cars? in germany for those we pay only a little less than 200 euro each year
     
  19. intrepidcva11

    intrepidcva11 F1 Rookie
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    Jan 12, 2009
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    Seth
    Seriously?

    Try everyone, from the Federal and every State government to every bank in the world to every home buyer (except moi, first time ever, I bought my present home all cash).
     
  20. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    sorry but I get mine out of Japan at a significantly cheaper rate and wasn't talking about small scale things like houses
     
  21. Smiles

    Smiles F1 World Champ
    Lifetime Rossa Owner

    Nov 20, 2003
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    Matt F
    What kind of rates are you getting?

    Matt
     
  22. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    0.01%
     
  23. Smiles

    Smiles F1 World Champ
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    Matt F
    Wow.
     
  24. SCantera

    SCantera F1 Veteran
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    Aug 4, 2004
    5,112
    Living Falls NC
    YIKES!!! That's an incredible rate!!

    I'll take $100 million please. I have a car addiction to feed.
     
    Texas Forever likes this.
  25. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    14,244
    But don't loans by foreign countries end up denominated in their currency? And don't you usually have to be a citizen of that country and have assets there to get one?
     

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