ok guys i think our time to shine is coming... | Page 3 | FerrariChat

ok guys i think our time to shine is coming...

Discussion in '348/355' started by ttforcefed, Sep 9, 2014.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. F1moving

    F1moving Formula Junior
    BANNED

    May 7, 2014
    781
    BUCKeYe!
    Full Name:
    Marcus
    Man, that's a good deal!
     
  2. johnk...

    johnk... F1 World Champ
    Owner

    Jun 11, 2004
    11,278
    CT
    Full Name:
    John Kreskovsky
    $7k for a major, $3k to fix sticky parts professionally, $3k for a dash fix professionally and you're at $56k which is what Hagerty say a 1995 GTB in condition 1 is worth as of this month. Now if I add $10k to that, $53k for the car.
     
  3. 355dreamer

    355dreamer F1 World Champ
    Owner

    Apr 3, 2006
    10,476
    DC Metro
    Full Name:
    L.C.
    Hagerty also says a CS is worth 108k FWIW.

    Good luck with that
     
  4. SoCal1

    SoCal1 F1 Veteran
    Owner

    Jun 14, 2011
    8,636
    SoCal LA/OC/New Mexico
    Full Name:
    Tim Dee
    My $7000 major is turning into a 15K I just cant help myself or possibly the 20K parts bill
    I do all my own labor LOL

    Thanks to all the old racers here who got me fixing stuff that dont need it but I can't resist You know who you are gentlemen

    :)
     
  5. phrogs

    phrogs F1 Veteran
    Silver Subscribed

    Apr 13, 2004
    7,362
    Kzoo Michigan
    Because there are more of them, more get stolen more get wrecked so insurance is higher. Depends on the individual and where you live as well.

    People on the Internet can not compare their rates just way to many variables.

    I hope they sky rocket bring it on!
     
  6. phrogs

    phrogs F1 Veteran
    Silver Subscribed

    Apr 13, 2004
    7,362
    Kzoo Michigan
    #56 phrogs, Sep 16, 2014
    Last edited: Sep 16, 2014
    That is your specific situation. Sounds like a serious first world problem. Haha
     
  7. bobzdar

    bobzdar F1 Veteran

    Sep 22, 2008
    6,919
    Richmond
    Full Name:
    Pete
    Any problem with a Ferrari is a first world problem. I see no benefit to values rising, at least for anyone that wants to keep their car. Having what was a $50k car worth six figures just means I enjoy it less and spend more to do so.
     
  8. drbob101

    drbob101 F1 Rookie
    Owner Silver Subscribed

    Nov 26, 2012
    3,821
    Tinton Falls, NJ
    Full Name:
    Bob Ferraris
    Pete's take on this value thing is an interesting one and has merit for sure. I honestly don't see these cars elevating to the vintage Ferrari values with dramatic price appreciation but if they were at those levels someone who trackis their car or uses it a lot may pay attention more closely to the points Pete raises.
     
  9. butcher

    butcher Formula 3

    Oct 19, 2008
    2,339
    Castro Valley, CA
    Full Name:
    Albert
    This is exactly my feelings about rising values. It is not so important for many of us who are holding onto the car and really using it as much as we can. The lower value (a blessing) allowed me to be able to afford getting into the car 6 or 7 years ago at that appropriate price point. While over the past few years, I have become more established in my career, I am able to properly maintain the car and drive her on both road and track, while I could likely afford upgrading up to a 458. To a significant number of others, owning an exotic is about having the "latest thing" as an exotic car is obviously a status symbol. This is why to many excessive driving of their exotic is almost a sin, analogous to having a low yearly mile lease agreement and "not wanting to go over the mileage limit." In my personal 355 experience, I will not ever upgrade the 355, unless I get into serious reliability issues that hampers my enjoyment of the car. Many people do not realize this way of thinking...many think that all of us exotic owners are striving to have the newest and "bestest" thing out there to try and impress everyone else, and if we don't have the newest and "bestest" thing than we should somehow feel ashamed. It is true that if our cars, someday turn into Dinos, that many of us will likely not drive it as much, because of the inherent value...this is where the shame would lie...
     
  10. Oengus

    Oengus F1 World Champ
    Rossa Subscribed Silver Subscribed

    I agree with this 100%
     
  11. phrogs

    phrogs F1 Veteran
    Silver Subscribed

    Apr 13, 2004
    7,362
    Kzoo Michigan
    Actually problems with any car are usually first world problems.
     
  12. bobzdar

    bobzdar F1 Veteran

    Sep 22, 2008
    6,919
    Richmond
    Full Name:
    Pete
    Yes, what's your point?
     

Share This Page