Is there a "best" time to buy? | FerrariChat

Is there a "best" time to buy?

Discussion in 'Ferrari Discussion (not model specific)' started by zippyslug31, Dec 5, 2007.

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  1. zippyslug31

    zippyslug31 Formula 3

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    I'm thinking at the end of the summer driving season when some folks are thinking "store it Vs. sell it?".

    Or is this incorrect? Would like to hear from individuals who have been looking for a while now over the course of various seasons.
     
    zippyslug31, Dec 5, 2007
    #1
  2. WILLIAM H

    WILLIAM H Three Time F1 World Champ

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    Not by season but the 15% capitol gains tax ends in 2010 and between now and then will be a buyers market
     
    WILLIAM H, Dec 5, 2007
    #2
  3. amslb182

    amslb182 Formula Junior

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    Looking at an annual calender, not tax laws, yes that is usually a good time to buy. Also depending on where you live, more true up north, dealers will have less going on in the winter and will spend more time tracking down a car to make money during the slow time of the year.
     
    amslb182, Dec 5, 2007
    #3
  4. Bullfighter

    Bullfighter Two Time F1 World Champ Lifetime Rossa Owner

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    Depends what you're looking for. If you want a 360 in red, winter isn't a bad time to look because thousands of these cars are just going into storage, and there's an ample supply year round so plenty of opportunities.

    If you're looking for a blu sera '77 308, and you find a good one, you need to buy immediately and not worry about slight seasonal price fluctuations.
     
    Bullfighter, Dec 5, 2007
    #4
  5. DGS

    DGS Seven Time F1 World Champ Rossa Subscribed

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    Best time to buy: When (a) the first flurries have hit, (b) everyone is selling their used Ferraris to get on the waiting list for a 360 (the new model), and (c) the dot-coms collapse. :D

    (And, as an added incentive, in '99 there weren't any good new cars available in the US.)
     
    DGS, Dec 5, 2007
    #5
  6. 410SA

    410SA F1 Veteran

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    The best time to buy is when you are ready, have the money available and the time to drive it. Everything else is just logistics.
     
    410SA, Dec 5, 2007
    #6
  7. RMDC

    RMDC Formula 3

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    First - be ready to buy and back up your offer. Second - January/February is good because Holiday bills have piled up and(in the north) the next ride is a long way off. Have used this for cars, boats and aircraft
     
    RMDC, Dec 5, 2007
    #7
  8. Jackmb1

    Jackmb1 F1 Rookie

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    +1 well said
     
    Jackmb1, Dec 5, 2007
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  9. robert biscan

    robert biscan F1 Veteran Silver Subscribed

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    I have bought a lot of my cars in the winter months as a pick me up. I just hate the cold and looking for a car cheers me up. Being on a computer in the winter also passes the time quicker. I also thing the prices are better.
     
    robert biscan, Dec 5, 2007
    #9
  10. DM18

    DM18 F1 Rookie

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    And find a car that you just can't live without
     
    DM18, Dec 5, 2007
    #10
  11. miketuason

    miketuason F1 World Champ Owner Silver Subscribed

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    Also after they file their tax then found out they have to pay big$.
     
    miketuason, Dec 6, 2007
    #11
  12. jfor

    jfor Rookie

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    thats a good one.
     
    jfor, Dec 7, 2007
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