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Max budget of 400k. Need F-chatters solid advice

Discussion in 'Ferrari Discussion (not model specific)' started by Ascend, Feb 23, 2021.

  1. Ascend

    Ascend Rookie

    Jul 23, 2018
    33
    Full Name:
    Kim
    I am not a regular poster here nor a F car owner but I do need F chatter's wisdom on my car purchase.

    I have a budget of 400k (Max but would love to preferably spend less) and am looking for a car that I can drive around 1000 to 2000 miles / year, relatively cheap to maintain and won't tank in value.

    I looked into 2006 FGT but these have gone up in value.

    I am looking at several cars right now.

    997 GT3 RS

    458 Speciale

    360CS - Nice car but really hard to come by a car with relatively clean hx

    FGT (Should've bought it last year. I got a cold feet and backed out during stock market crash)

    Maybe SLS AMG?

    I know F chatters have a lot of experience with cars of multiple brands. What would you guys buy if you were me? Other car suggestions are welcome.
     
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  3. flat_plane_eddie

    flat_plane_eddie F1 Rookie
    Silver Subscribed Owner

    Mar 30, 2013
    2,815
    Los Angeles
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    Eddie
    If you're considering a 360CS, I know someone who has a very clean one. I also think Scuderias are a bit undervalued right now but that's my 2 cents. GT3 RS is a great option as well.
     
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  4. Ascend

    Ascend Rookie

    Jul 23, 2018
    33
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    Kim
    Scuderias are defintiely a little undervalued but it is just stuck in a middle place. Not as old school/classic as 360cs but next to 458, it looks outdated.
     
  5. MikeMonty

    MikeMonty Rookie
    Silver Subscribed

    May 28, 2004
    48
    Nashville TN
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    Mike
    I would say 458 Speciale or 430 Scud if you want a car that is going to hold its value. I am sure FGTs will hold their value but you are also paying a premium.
     
  6. plastique999

    plastique999 F1 Veteran
    Silver Subscribed Owner

    Nov 9, 2008
    5,897
    SoCal
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    Edward
    I’ve owned a Speciale and a 16M. Sold the 16M first and later traded the Speciale. Miss my Speciale and will get another some day. It’s a fantastic driver’s car. Prices are reasonable considering they have stayed above MSRP for over 5 years.


    Sent from my iPhone using Tapatalk
     
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  8. Ascend

    Ascend Rookie

    Jul 23, 2018
    33
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    Kim
    FGT prices have been bonkers lately. Once you get into mid 300k territory, I am starting to feel that speciale is probably a better car. My worry is the maintenance cost of 458.
     
  9. Robb

    Robb Moderator
    Moderator Lifetime Rossa Owner

    Feb 28, 2004
    12,623
    Mesa, Arizona
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    Robb Williamson
    I vote 458 speciale

    I would just go and do it! :D

    Robb
     
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  10. ShineKen

    ShineKen F1 Veteran
    Silver Subscribed

    Aug 3, 2007
    6,887
    Southern California
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    Buy Manual
    If you’re not driving it often, then you’ll be looking at it. It’d be a choice between CS and Speciale. I think CS prices have bottomed. Not sure about the Speciale.

    I’d rather have a CS + Scud vs a Speciale.
     
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  11. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,921
    I would submit that considering all your needs and stated requirements, a FGT is still your best bet....since you want to drive it, you don't want a $350k zero mile car. Just in the past 2 weeks, an 11k mile car sold for $270k.

    Yes, there has been an upward shift starting last May. I bought mine last Feb for well under $200k (28k miles with a couple of minor stories).....amazing cars.

    Good Luck
     
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  13. F11

    F11 Karting

    Aug 2, 2005
    190
    I would get either a 550 Barchetta, 575M Gated, or F12 but seems like you prefer mid engine "sportier" cars. The only mid engine car that pulls at my heart is the Scud and it seems like a pretty good value currently.
     
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  14. F612

    F612 Formula Junior

    Feb 5, 2018
    483
    Leeds,AL
    Full Name:
    David D. Hood
    Don’t buy one, buy two!
    I suggest a 612 for every day and a 430 for weekend fun.
     
  15. TheMayor

    TheMayor Eight Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    81,676
    Vegas baby
    I would agree that the 458 is probably at the near bottom of the depreciation curve now. They are pretty dependable and the last of the V8 N/A engines we will see from Ferrari -- perhaps ever.

    Getting a special edition just makes it that more valuable. Last comment is people love Convertible Ferrari's.
     
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  16. 3POINT8

    3POINT8 Formula 3

    Jan 23, 2014
    2,450
    458 Speciale
     
  17. ryalex

    ryalex Two Time F1 World Champ
    Consultant Owner

    Aug 6, 2003
    22,546
    Las Vegas, NV
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    Ryan Alexander
    Speciale or Ford GT.
     
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  18. Alcav5

    Alcav5 F1 Rookie
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    Jul 28, 2012
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    I call bogus post , doesn't make sense
     
  19. Ascend

    Ascend Rookie

    Jul 23, 2018
    33
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    Kim
    Ugh shouldve bought gt last year... i want to kick myself for not pulling the trigger.
     
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  20. paulchua

    paulchua Cat Herder
    Moderator Owner

    Jul 1, 2013
    9,268
    Menlo Park, CA
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    Paul Chua
    Hi Kim,
    Welcome. It's a very hard question.
    That said, the only key FGT/GT3 offer manual so if that's important to you, that cuts the list down quite a bit. Also, if you had to pick which one was the most pleasing to your eye, which would it be?
     
  21. Ascend

    Ascend Rookie

    Jul 23, 2018
    33
    Full Name:
    Kim

    Thats a hard question.
    Gt3 is the ugliest bar none.
    Speciale and GT both look beautiful.
     
  22. paulchua

    paulchua Cat Herder
    Moderator Owner

    Jul 1, 2013
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    Paul Chua
    Okay, so does driving an ugly car to you matter? Are you looking for the 'best' performance? Does driving stick matter?
    Cheers
     
  23. Ron328

    Ron328 F1 Rookie
    Silver Subscribed

    Mar 10, 2003
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    Willamette Valley, Oregon
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    Ron

    With all respect, if you can afford a 400k car, the least of your concern is maintenance cost. I'd think that none of the cars you mentioned above will be "cheap" to maintain anyway.
    But good luck. A seemingly nice and well-cared for low mileage CS seems to pop up here from time to time.
     
  24. Ascend

    Ascend Rookie

    Jul 23, 2018
    33
    Full Name:
    Kim
    I understand. Just want to avoid anything ridiculous like slr (6500/year on average for maintenance) on a depreciating asset.
     
  25. vrsurgeon

    vrsurgeon F1 World Champ
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    Dec 13, 2009
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    Curt
    Repeat after me: "Unless its a halo model.. I acknowledge it will be a depreciating asset". Its NEVER how much you gain.. it's about minimizing loss. i.e NOT buying an Aston Martin. It will loose value unless you get lucky and buy in a down cycle.

    You're not going to spend >$5k on it per year. And if you have a mechanic that tells you that.. get another one who won't bleed you dry.
     
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  26. yoda

    yoda Formula 3

    Sep 27, 2004
    2,424
    Another vote for Speciale. Last of the N/A mid-engine V8 models. Aperta models are brining big money now and I think Speciale coupes will continue to creep up in appreciation.
     
  27. paulchua

    paulchua Cat Herder
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    Jul 1, 2013
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    Paul Chua
    #24 paulchua, Feb 24, 2021
    Last edited: Feb 24, 2021
    Kim, does driving stick matter? Have you test drove any of these? I recommend you ask specific questions, as the broad ones can easily be dismissed as coming from a place of naivete.
    What flavor of Ice Cream should you choose? These get eye-rolled pretty quick don't they?

    :)

    Like the grown man that asked us what Ferrari he should buy in 2027. Or the other guy that is mad when he asked us which Ferrari he should buy, since he liked 6 he test drove all 'equally.' And our response was huh?

    :)
     
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  28. DIGMAN52

    DIGMAN52 F1 Rookie
    Rossa Subscribed Owner

    Jan 30, 2004
    3,525
    Dallas Texas
    Full Name:
    Philip C
    After owning one for 13 years, I vote for an '05-06 Ford GT. You can get one with 10k or so miles for $300k or slightly under. We never had to have anything serviced on the car except oil, tires, and airbag recalls. It is roomier inside than many exotics, and is an easy shifting clutching car around town. There still are several of the original GT factory people who work only on the GT's as well. Just budget some Bridgestones to replace the rock hard Goodyears that came on them.

    I expect them to keep on creeping up in price, as more are wrecked, sold out of the country, and parts of collections limit supply. I know several new GT owners who are selling the " racecar" after the 2 year limit, and keeping their old GT's. One of which, has owned a perfect Miura, Carrera GT and several other exotics.
     
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