Opinions, please on value for Enzo FXX, Enzo, Reventon

He's got some good insight.

Original owners of Bugatti's don't really have issues driving them; however, with some good examples trading hands for 700k (or at least the BJ car); the new owner looks at maintaining the car in a completely different light than the original owner might... assuming it wasn't a leased car.

The CLK GTR may be fantastic, and I hear that one owner in Florida put over 25,000 miles on his before 2006. However, what he said is likely true now.

Reventon's are seen in different lights with different people. Whatever your thoughts are, it is a bespoke exclusive car. Lamborghini has very little experience in dealing with collectors directly IMO before the Reventon existed... their goal was to find 20 +12 roadster owners who would not sell their cars.

Your friend, who has 65 cars can understand the plight of owning so many. Even if they do get driven, they will not be driven often, or have many miles piled on them. Except his GTO, and LFA it seems.

So his estimate of 50 hours for the race cars, while likely spot-on; would also be true of the other cars on the list as well.

With that in mind; some collectors do just that; and miles don't matter. Others love showing the cars at shows, or in tours; like the Lingenfelter Collection. They are works of art and mechanical extremes that happen to moderately serve a utility.

 

IMHO.....The only cars that will hold merit are the FXX and Enzo. I assume after purchase you are entered into the FXX programme, which you will be 1 of 30 in the world to do so. Jets, dinners, champange, racing and babysitting by Ferrari factory technicians is pretty special. The Enzo is a collectors piece, 399 made, a special vehicle for its rareity, driveability and collectability. It has officially been likened to the F50 and F40 in desireability amongst collectors.

The Lambo Reventon is just another gussied-up Murcielago at 3x the price. Yes there are only 30 made, but Lambo seems to make 30 "Special Edition" cars every year, making them obsolete every time. Reventon, Lp640, SV-700, Versace, 40th Anniversary...etc, the list goes on and on.

The CLK GTR was a beast, an awesome car but is just to big and bloated to drive usefully. The McLaren really buried the Benz in 90's, a much tighter and special package compared to the Benz.

The Veyron seems to be holding value, but as long as they make 100 new cars a year, their future values are shaky.

I really don't know anything about the Koeniingseg.

Those are just some of my opinions, I do not own, and probably could not own any of the above!

 

Not sure what you are asking, but... Thought about the new Pagani, which will be coming to US?

Every single car they have made to this date has gone up in value. Even the very first models are fetching above MSRP.

 

The FXX seems to hold its value. I thought it would lose value due to no history and technology moving on (A 458 Challenge is said to be as fast on some tracks) but cant find an FXX for less than $2M+. I would rather buy a 333 SP + F40 LM for that much or a 512S but i guess these people already own all of the above.

The Enzo is the safest bet in that collection.

The CLK GTR is an amazing car and a true beast, but it might be too much to really be enjoyable on the street. However, that would be part of the appeal, and 25 cars only is guaranteed exclusivity, esp for a MB.

Veyrons will continue to lose value as Bugatti keeps coming out with new limited edition with more sex appeal than the 1.0 veyron which now seems a little boring compared to a SS or a Sang Noir..Less than $1M for sure.

 

I think it's active for one more year?

 

All great points guys. Some of these points remind me of a thread earlier this year in which a member was complaining, for lack of a better word, that he finds very little time to drive his THREE sports cars. I think it absolutely depends on what lies behind the garage doors in terms of miles that will be driven and utility.

The FXX has no street-ability as we all know. Therefore, the value of the FXX will lie directly with how long and well the FXX programme can continue to entertain existing and new owners. As the program ages, along with the cars, prices will decline. How long will Ferrari keep the FXX program chugging along?

The Enzo might be the last true V12 N/A car to come from Ferrari. Overbearing electric gizmos that are creeping their way into the supercar arena, to push the envelope of technology, will keep Enzo values up b/c of the many enthusiasts who want an "old school" V12 feel. I, for one, do not want a whining electric motor getting in the way of gasoline fed engines.


I gotta go - work is calling! The flooding in Maryland today is out of control!

 

Or perhaps RV sales have slowed?

 

IF I had the money to buy one of those cars, I would go the Enzo. The same reason most of you guys mentioned. FXX - no street use... CLK GTR - street legal, but still no street use... Lambo - not worth the money (And honestly, I think the Countach was the last one without ugly Rapper Escalade wheels...). Same for the bug... But, if money is no problem and holding its value is important, even though my heart still beats for the Ferrari, I lust for a Mclaren F1 everytime I see one, especially that orange LM... For me, that car is the perfect mistress in my automotive life. I love the Ferrari to death and would never let her go, but I would love to hide a Mac F1 in a garage far from home and drive it once or twice a week. This way, the real wife would never complain again I spend too much in cars. BTW, the MP4-12C (or whatever it's called) is just the pretty younger sister, boring though...

 

Why no love for the Koenigsegg?

 

All of the above, even the FXX, would be drivable and usable on a daily basis, it's just a matter of whether or not the owner really wants to get out and drive, and spend the money to keep them maintained and in running order.

The market for these vehicles is not determined by their "usefulness," per se. A utilitarian would buy a Geo Metro, a Crown Vic, or an F-150 and call it a day. A "utilitarian" sports car owner would buy a Corvette, a Nissan GT-R or a Porsche 911.

The people that are drawn to these vehicles and shell out the dough are not merely motivated by performance or driveability. . . if that were the case, none of them would have sold in the first place.

 

I rode in one, and spent quite a bit of time around it and another one - but, granted, there is a bit of that same old worn out pattern to the article.

 

Gordon Murray is 6 foot 4 inches, not slight, and fits in his without issue. The drivers area of the F1 is tailored for the owners dimensions and needs.

 

The CLK DTM is a much better car to drive than the GTR, and the Lexus LFA is astonishing, I can see why he'd drive it often over the others.

 

Hi

The CLK GTR was built as a tool. The road cars were needed to homologate the racers for the SRO run race series of the time. It’s a racing car for the road hence the compromises, such as catching fire if you don’t let the brakes cool down before stopping after ‘hard’ use.

The Reventon is no more than a body kitted Murcielago, with re-trimmed interior and funky dash (now used in the Aventador); it’s not even lighter or more powerful than the LP640 it’s based on. Its value won’t be helped by the new kinda look a like Aventador which technically and dynamically is in another league.

The FXX is a folly, although not for Ferrari

The Koenigsegg’s are marvels. A wonderful achievement by a very small company. An engineering delight, like the various Pagani’s.

The Veyron, hmm, a sledge hammer, with £6,500 each tyre rated for 2500 miles and £12,500 each wheel rated for 7500 miles. Too many iterations, perhaps the ultimate will be the Grand Super Sport Pur Sang Noir Blanc Cartier Hermes?

The Enzo in my humble opinion is the weakest of the four modern Ferrari supercars. Im really hoping the next one is special!

 

As a previous poster mentioned....what value will the FXX hold when the programme is over? At $2 million price tag now, guarantees you an entrance into the racing series is worth it. But as the car becomes obsolete, can it still be worth the same price? I will take a hunch and say YES. Only 30 (?) examples ever manufactured, it can be called the "premium version" of the Enzo. Will the FXX be of equal pedigree to the F40 GT Lemans, or the F50 GT ? Thats another discussion in itself!

+100... I don't think Bugatti has figured out the "exclusivity" part yet

 

Fast forward to the year 2092, imagine the barn find Bugatti or Enzo! Our lives our short, I say drive them and when you are so old and can no longer drive, park them and throw a tarp over them.

 

A few thoughs if I may.

Many people fall in Love with and buy cars before they try them out and think about how they are going to use them.

I Love 60ies Le Mans cars and own and drive a few of them. 1967 was a magic year in that a pure Le Mans car was and is totally US road legal and can be driven on the road without issues. I have over 50K road miles on my MK-IV, 60K road miles on my Lola and at least 10K miles on my P 3/4, 412P and Dino Competition. Driving an FXX on the road legally isn't possible and with it's ultra low ride height it isn't practical. Transporting to a track and going for a short jaunt isn't something that IMO remains pleasurable indefinitely.
Driving your 412P through the fall leaves with your son is.

Value is interesting and IMO the market eventually is efficient. A 20 mile Reventon is a car object not a car. It's value as an object can fall like a set of car keys from a Lear Jet once a more desirable object comes along. The new Pagani for example. A work of Art that can be driven and a rare one at that.

Real value IMO is still with cars that have history and for the 9mm asking price for this collection one could buy a major Ferrari that I believe will be worth MUCH more than this collection as the years go by.
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