It seems the market has really changed

If you own a stick shift Ferrari now is the time to sell if you wanna make some money it seems.

But prices and prices fall, there will be some big winners..................................but some VERY big losers at the end of it all.

 

Lets us hope that the Ferrari second hand value crashes. I would like to replace the MB GLK with a FF.

 

A 4 seat Ferrari like the FF will only crash in price!

 

Not if you already own a Ferrari !
Four years ago TR value was flat, too many produced was the word, etc. etc. 4 years ago 12 cyl. evolved from F1 engine, iconic looks, one of the last Enzo had any say. Why would you not want one? Fitted with other than quiet exhaust! Forget about ever listening to the radio, when it hits 3000rpm the music starts.

 

As I want to keep mine a long time the value does not matter. And a FF would nicely replace the GLK.
Would look good in the garage too, beside the 575!

 

It never ends. Just repeats and repeats.

 

Just like these threads.

 

There not making any more of the classics gentlemen.

Then again, there not making any more of the people that want them either..

 

Both statements are kinda true.

 

I'll disagree with this. My 19 year old nephew LOVES Ferraris, exotic cars, muscle cars - and he certainly wasn't even born when the classics were produced.

They actually ARE making more of the people that want them!

 

The car guy gene is alive and well and being spread wherever and whenever possible by true believers.

 

They made so many thousands of TRs.

I just can't imagine the current prices holding out much longer. They are very expensive to maintain (engine out major) and performance is average at best. They are mostly a mid-engined GT car and awful on the track.

The 512 TR and 512 M (ugly) have much better performance than the base TR.

Of course, as an enthusiast, I never quite understand the bizarre thinking of collectors these days; strange bunch.

 

4 seater Ferraris ALWAYS carry the worst resale. And it's funny because they always get slapped with the highest new sticker price (456,612, etc.) only to be passed in resale by the 2 seater 12s in the future. Some are attractive though. I think the 612 is a far better looking car than a 599. But driving-wise, there is no comparison

 

Can't say I agree!

The 458 is going to be a future classic in the same way that a 355 has become a classic - I guarantee it.

LaFerrari will also be a classic in years to come.

For decades, both the 308 GT4 and the 348 were not rated as being classics and were bargain basement Ferrari's. Today, both cars are sought after and are starting to command good money.

Let's face facts here, there are plenty of recognised "classic" Ferrari's that in reality, weren't that great looking when they came out and were not rated highly at all. Today though, they are worth hundreds if not Millions of dollars.

What this shows is that whilst not all Ferrari's are instant classics, eventually their time comes and they become classics of their time.

 

All Ferraris made so far are collectibles. Not the same thing as being classics though.

The 458 has a shot though.

 

LOL

 

It's different, the kids today appreciate them but probably will want to collect the first cell phone or Steve Job's first production apple computer (check out the pricing on these ;-).

Eventually the cars will be out of fashion just like (maybe?) the horse-drawn buggy became out of fashion... who collects those these days?

 

I do not think cars will fall out of fashion. As people are and will be individualistic they want a personal mode of transport, not sit together with a group of unknowns.
And as people are in a hurty, and always will be, the said communal transports are too slow with all the changes to get to destination.
The power plant might change though, but as long as we have affordable Crude Oil or Natural Gas based fuels ( for several hundreds of years) we will use those.

My 20 year old loves cars.

 

Some thoughts:
348 NO? Why - because the previous CEO called it the worst car ever, only to produce the 355 that had even more issues?? The 348 is a very raw car. Sort of a more potent 328, with better performance, but higher maintenance, due to engine out major. Sorted versions are awesome - I vote YES.

TR Yes? You gotta be kidding me - these were practically mass produced. I'll only say "Yes" to the 512 TR and butt ugly 512M.

F12 - No. Too soft and automated. Great engine, though.

Others not mentioned:
Boxers Yes - similar to TR, but edgier and rare. The carb versions are the ones to get.
California - NO
Mondial No for now. But, probably Yes at some point, because of rawness, MT, and how many mid-engined 2+2 cars are you aware of?
400 series NO NO NO
456 - Yes for MT versions only, even though it is a beautiful car.
612 - Yes for MT and OTO. Eventually Yes for entire line, as this car's classic looks are timeless and it was made in limited numbers.
FF - NO for now. Maybe Yes later on, as you have to give Ferrari props for trying something different.

 

It seems right now that the generation that is "in" is the 993, 355 early 90's schtick. I suspect that the driver of the market is that middle aged guy that was ogling them as a twenty something that grew up when that styling was "the bomb". It's only going to retain value if the generations that follows has the same aesthetic sensibilities. And as the model "A" market demonstrates, not necessarily. Do they buy to collect or do they buy to drive. To drive either the 348, 355 or testarossa means every 3-5 years you have a high 4 digit to 5 digit bill. To collect means buyers will want them tomorrow. I want a 348 (you couldn't give me a 355) but I'm not paying 50k for one. I'll go 30's for a beater that I can fix. It'll be there again after the pop IMHO.

 

Think if this list was done 15 years ago:

246? no
308GT4? no
400/412? no
550? no

etc., etc.