is the bubble due to burst? | Page 91 | FerrariChat

is the bubble due to burst?

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

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  1. sherpa23

    sherpa23 F1 World Champ
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    May 28, 2003
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    I know I'm biased but spend the extra for a manual. :)

    Okay, okay. I'll stop before this becomes another F1 vs. Manual debate (even though they're so much fun).
     
  2. paulchua

    paulchua Cat Herder
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    Thanks Super_Dave!! I wish you every success in your search!!

    Cheers
     
  3. paulchua

    paulchua Cat Herder
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    A Porsche is an excellent choice; I will say without hesitation that in my opinion, Porsche makes the best cars in the world all things considered (read: on paper) - my love of course will always be with Ferrari.

    To be crystal clear, ownership of this forums' namesake is not some litmus test for participation. We all are here because we share some interest in subjects presented on this forum. They are varied and eclectic. One could own only Ferrari magazines and welcomed on these forums with open arms!

    I hope you don't consider this too personal or inappropriate question; I believe you mentioned as well in the past that you acquired a MP4 McLaren (again, another amazing car). I think you gave some reasons for this pivot from Ferrari, namely the poor treatment you received from dealers. Considering the MP-4 only comes in DCT, was there a reason you choose to make this 'compromise' given your preference for manual? Was it solely the poor treatment dealers gave you?

    Cheers and drive in good health!!
     
  4. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
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    doesn't porsche have a forum? I'm pretty sure I've seen one or two of them.
     
  5. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
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    but to my point SD has voted with his feet, he isn't a ferrari enthusiast. God knows you can buy a ferrari for whatever money was spent on the porsche.
     
  6. ferraripete

    ferraripete F1 World Champ

    so the bubble bust when the dow was dropping and support levels were unknown. now we are back @ 17k on the dow. so the bubble had burst and we made a speedy recovery.

    let's get back on topic so we can discuss the next bubble bursting:)
     
  7. ttforcefed

    ttforcefed F1 World Champ
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    year? model? price?
     
  8. paulchua

    paulchua Cat Herder
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    Good point, McLaren and Porsche maybe his 'true' loves and Ferrari his future girlfriend on the side.

    ;)

    Be well SD and TT!!

    P.S. Look forward to your responses SD!
    (Why you chose your MP4 over a 360/430, and Porsche Info)

    Cheers
     
  9. boxerman

    boxerman Two Time F1 World Champ
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    Its interesting to see the types and subtypes of ferrari owners. I am always reminded that these are in the end just cars, not our chilldren, yet peopel take it so persoanly, like they dont have a more substantive life outside of their car ownership.

    Owning one does not bestow any great attributes on an owner. Today havign a ferrari, or even wanting one is not even a function of being a enthusiast, a driver or having good taste, because most of those atributes are missing from the majority(not all) of newer ferrari owners and many so called "collectors".

    I for one enjoy the input of people like Dave and even Brad Williams. When I was a kid a ferrari really was the ultimate, no one else even made something close, performance or style wise, and it took a special passion to attain and drive/own one.. Along the way many of us for whatever reason got a ferrari and have to a certain degree drank the cool aid, wheter its performance, feel, wealth attributes collecting etc, all the many reasons people now buy and own ferraris..

    People who are entusiasts and have yet to drink the cool aid, sometimes may have a more crisp and clear viewpoint which I appreciate.
     
  10. paulchua

    paulchua Cat Herder
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    Agreed, which is why I've never felt they should be banned. I appreciate conversing with all points of view. Admittedly, there were times I acted childish, due to periods where convinced the BW/SD due were trolls when they stopped engaging my fair questions. I've since moved on from that and only ask for respectful dialogue and an explanation for their said positions. I think that is a fair ask, and so do the moderators.
     
  11. paulchua

    paulchua Cat Herder
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    To get back on topic, I hope my opinions are taken as just that: an opinion from a layman.

    I think the current rise reflects the general economy (especially in the US) I do believe downturns are inevitable, and no bull market lasts forever. That being said, shockingly, I do agree with BW/SD duo that if you are approaching Ferrari ownership from an investment standpoint, now is probably not the best time to enter the market. Will a downturn come? Yes, does anybody know when it will happen? No, otherwise we would be all be George Soros.

    However, if one approaches purchasing based on personal satisfaction, a lifelong dream, or heck, you just love the car - GO FOR IT! With the only caveat being to be wary of excess or overextension when the next downturn *does* come. Deals are to be found, especially in the non-high end vintage market. Another strong position is to acquire one during a recession, another possible and intelligent decision.

    I wish you all fortune and success in all endeavours.
     
  12. Super_Dave

    Super_Dave Formula Junior

    Oct 6, 2014
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    I will respectfully decline to give that info. I am okay with answering some questions, but as I said in the past, I also believe I have the right to not give out everything, just because asked. I've said what I will say about my decision to buy or not buy and not sure what price has to do with anything...

    I don't ask all the things I may be curious about from others and I would respect when others decide not to share certain information.

    Thanks
     
  13. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
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    hahahahahahahahahahahahahahhahahahahahahahahahahahhahahahahahahahahahhahahahahahahahahahhahahahahahahahahahahhahahahahahahahahahahahhahahahahahahahahahha

    I have a mclaren f1.
     
  14. Super_Dave

    Super_Dave Formula Junior

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    Beautiful car for sure, congrats.
     
  15. paulchua

    paulchua Cat Herder
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    #2265 paulchua, Mar 9, 2016
    Last edited: Mar 9, 2016
    Ttforcefed, did you get the temp sensor sorted on your F40?

    I saw on another thread some others had an issue with bad sensors, I've learned to treat gauges from that era as 'suggestion' only in terms of accurate readings... Haha

    I have a bad potentiometer for my temp control, the only cross part is with.. You guessed it the F40, I'm trying to find one without the stupid $500 price for a $5.00 part!


    P.S. have you done any of the Corsa Clienti events? They would group you w/ other guests of honor with your F40, next Month I'm attending the one in Sonoma, it's awesome to see Enzos, LaFs, F50s, F40s, 288s track! I think the closest one to you is in Lime Rock...might be too far of a drive..be well and drive in good health my friend!
     
  16. ttforcefed

    ttforcefed F1 World Champ
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    all this preaching and you are going to deprive us of the details? this can't be
    such a joke
     
  17. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
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    so ur a troll and you don't like ferraris enough to spend money on one?
    is that what I'm understanding? you have no interest in revealing the details of the car you bought why? we want to see how astute enthusiasts buy cars.
     
  18. cheesey

    cheesey Formula 3

    Jun 23, 2011
    1,921
    one can order a Porsche anyway desired, option catalog is massive and expect to have it delivered in about 3 months time, while ordering a Ferrari is a real pain, first one needs to find a dealer that has allocated cars that have not been spec'd out and sold, even then the lead time is ridiculous...by the time it arrives, Ferrari is taking orders for the next new announced models... back in the day one could order a car and have it in a few months time... the mad rush for new Fcars is not worth the battle... a lot easier to find a pre owned Fcar that is suitable and avoid all the BS... while not Ferrari branded, there are several brands that are worthy alternatives without putting up with the BS...
    Jay Leno is right...
     
  19. paulchua

    paulchua Cat Herder
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    Maybe with Marchionne at the helm, this may moderate a bit? What are you thoughts? I know most view on the ramp up to 10K has been met generally with negative viewpoints on brand dilution. I'm honestly unsure.

    Cheers
     
  20. paulchua

    paulchua Cat Herder
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    Thanks Super_Dave for your post.

    I believe you've already disclosed details on your Porsche publicly on this forums,(anybody that does a search can find where you mention your Porsche and McLaren), I must admit I do find it odd you refuse to continue the discussion.

    I believe our relationship denigrated when you stopped responding to me when I challenged your past assertions. I automatically concluded you were a troll. My childish attacks after that may have been a rash judgment on my part, and I acknowledge this.

    I made the unilateral pledge that I will converse with you with nothing but respect and civility, but only on the foundation of trust.

    In fact moderators have already opined that your assertions have reached the point where member's demand of substantiations are now reasonably pertinent.

    The crux of the situation is people feel you are not credible. Often providing context to why/how you come to a conclusion goes a long way in proving your viewpoint.

    For the record, I do *believe* you have a McLaren, and as you've said recently acquired it.

    That is why I sincerely asked why you choose to purchase one given your strong preference for manual transmission and the higher price point then a 360s/430s. Your Mclaren is a worse 'value' than a used 360 or 430. If you got your MP4 used, this perplexes me since you've spent nearly a year passionately arguing the market is overheated-and prudence is the way to go, so your actions run counter to your primary thesis here.

    It causes me and others confusion.

    Again, I ask these questions, not as a 'gotcha' or attempt to have you prove your 'motoring bonafides' to participate here but entirely in the spirit of understanding what is shaping your negative views vis-à-vis exotic car valuations. Because, like BradWillaims, I've seen a pattern of diametrically opposed actions/posts/assertions.

    I do sincerely hope you find this fair and reasonable, and not an attack on you - but as a honest attempt to understand where you are coming from.
     
  21. nis1973

    nis1973 Formula Junior

    Jan 19, 2013
    494
    NYC/CT

    Porsche is going in the direction of Ferrari too. You can't just walk in and get a 911r or a new gt3 rs. They'll probably meet at a point of moderate BS...
     
  22. boxerman

    boxerman Two Time F1 World Champ
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    Yeah its a pity. Tried to buy a 997.1 GT3 and a 997.2GT3 put doen deposits only to be hosed.
    Kinda put me off the brand, even though i do think the 911R is brilliant. in fact its the only new car that has me really excited.

    Porches arrogance is perhaps why a lot of the tracksters on rennlist are going viper acr.
    In the end whether its ferrari or porche your core brand appeal is driven by the very few enthusuasts who actualy use the machines that others look up to. Still you can spend 20 years debasing your brand before the street picks up on it. Ferrari may get away with being a mans handbag manufactuerer because they make a few special great cars, and racing seems to sustain the brand hype.

    Its kinda why I like Mclaren, it has not caught on yet for all the poseur crap to be relevant, but then its product is not quite fully there either.. But today the true sportscar company, the one making great superlative drivers cars devoid of hype, the car you can actualy buy is Lotus. Well not in the usa.

    The viper gets a look in, and corvette was almost there with the previous z06 till they blew it with the current one.

    I undertand the whole exclusivity BS, but why are Gt3's and speciale, the cars those of us who actualy drive so extremely limited. Well maybe Sergio will correct that at ferrai how else will he get to 10k units, and the fines at VW over dieselgate will make them less arrogant and more focused on making more of the profitable cars people want to buy.
     
  23. paulchua

    paulchua Cat Herder
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    Hahaha, yeah I read an article about this very point! It's tough when demand so outstrips supply!! Somebody that just told me literally today that he severed relations with FNA, due their refusal to allocate him a LaFerrari, I can only hope to be in his position one day!!!

    Did you hear they already sold the 250 laf spyders?!!
     
  24. boxerman

    boxerman Two Time F1 World Champ
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    Simple Enzo used to say he would build one less than the market wanted. Now with supreme arrogance porche and ferrari are making thousands less than the market wants, handing sales to Mclaren, acura Audi and a whole slew of other players.

    False snobbery is not class, its the equivalent to standing in line at a las vegas club, totaly classless.
     
  25. paulchua

    paulchua Cat Herder
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    I have much respect for McLaren, my only hangup is completely personal- I just don't like how they look versus Ferrari. The same with 911s, they are good in every way, I know I am in the minority here, but I never liked the basic shape of 911s they always looked ugly to me even as a kid.

    No disrespect intended, most world thinks the Mondial looks like crap hahahaha
     

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