Watch out for the May edition, #59 Special edition for the Daytona 40th anniversary, including an interview with Dudley Mason Styrron, the first owner of my car. Great article on Fioravanti, who designed the Daytona, Boxer, 308, 288GTO and F40. But wait, there's more - a story on the history of the Gibson Les Paul guitar. What a great magazine, best in the world for OHOS fans. ps. Symbolic in the US have an ex-Bill Harrah 365BB for US$195K, so prices are holding up.
Is Octane magazine available at most Newsagents? Or is it something you have to subscribe to? Sounds like its a good read.
Yeah I saw that, nothing new in it as you say. So many articles have been written about these cars, its impossible to be original. But I'm sure a Dino on the cover sells more copies than anything else - they are uber-cool in the UK these days.
You can apply to be the next premier of Victoria. Their always saying "we'll look into it" lol Back on topic, it does sound like a good magazine to subscribe to.
I've been buying octane for the last few issues. Maybe its time to subscribe? Ian, if you subscribe, how long does it take for the issue to get to your front door?
It turns up about a week after the "Latest Edition Air Mail" versions appear on the shelf in CBD newsagents, which is about a month before the normal-cost sea freight copies. Subscribing saves you some money and you never miss an issue. The other classic mags in the UK went down-market long ago, chasing circulation. I gave upon them when they started calling Austin A30's and Triumph Herald's "classic" cars. Octane is well focused and I think realises that its better to be the best in a niche market. Of course, 80% of the cars they feature are actually for sale, from the dealers who advertise in the magazine, so there is a measure of bias in the reporting.
maybe, but that was the word 7 years ago when I bought mine. Only modest increase in value since then. I think it will always be seen as an in between car and its value will only follow the coat tails of the Daytona
......which follows the 275, which follows the 250SWB etc, etc I still think a fall is likely at the mid level and down. If the high end suffers it will be worse further down the ladder. Then remember it took 15yrs for values to rise post 1990.
Sadly, you are right. What are the most desirable and valuable non-competition Ferraris? Broadly speaking, it starts with 250's, from MM, TdF, through to SWB and Cal Spiders, mixed in are SuperAmericas and other Lampredi engined cars. Then you quickly step down about 50% to the 275 models and down 50% again to Daytonas, which are the last of the V12 Berlinetta lineage. A Boxer isn't on the same family tree as the V12 cars, its on the 246/308 tree - they are modern era Ferraris. The current price escalation is over, the next boom will be 2015 or thereabouts. I'm mostly happy about that, I'd prefer not to see old Ferraris owned by speculators. In the meantime, you can own and enjoy driving any of the above cars for not much more than the cost of maintenance, because depreciation is nil and in fact they'll probably appreciate in line with inflation. Nothing to complain about here.
I'm not so sure. The 80's boom was driven by speculators who borrowed heavily. This time around the stockbrokers and investment bankers have been buying modern supercars - just look at all the Aston Martins parked in the streets in the financial district of London. The classic Ferrari market isn't leveraged to anything like the same extent and I think good cars will hold up OK.
interesting question and I'm not qualified to comment. I spend my days talking to brokers and bankers, few of whom seem interested in plates. They're more focused on beach houses! e.g. a mate of mine has recently landed a $600K Eagle e-type. He has a $150 plate on it.
eg my old girl would blow it into the weeds.My gut feel is number plates like Aussie muscle cars will drop big time if the economy becomes sic.
I know a good source for airfreight copies of Octane in Australia I've seen some UK circulation figures for the various magazines and Classic & Sportscar is by far the biggest seller at about 38,000 copies per month (in the UK) compared with Octane at just under 10,000. They don't seem to have hit their target very well, even after 50+ issues, which surprised me. Someone is bleeding away cash on it still. I still enjoy reading it though - along with all the others each month!
