PREDICTIONS ; prices on 5 cars in 12 months

I will play!

246 GTS DINO.......................$21,000
365gtb4 DAYTONA.................$17,000
512 BERLINETTA BOXER...........$43,500
F40.....................................$106,000
275/330 GTS.........................$93,700

 

I cant wait until the 246 goes back down to 65k where it belongs. I could then justify purchasing one.

 

Well, everyone is talking about the doom and gloom over the next 12 months, pedigree means nothing anymore..so i am about right...

 

He's too generous! I would've paid no more than $99,900 for the F40!

 

I know Ken and thats my Point!!!

 

You should also factor in the USD/EUR exchange rate and whether the car (F40 excepted) is RHD. There is a world outside of the US!

 

The prices will probably be a little lower, but keeping them in place is the demand in Europe. Next year however, I suspect that the huge gains we've seen for some of the cars over the last few years will go away. We'll be back to 03, 04 prices, I suspect.

Art

 

Seems to be no shortage of folks with $Hundreds of Thousands to over $1Million on one or more Ferraris. Lots of these folks will want to purchase vintage Ferraris, so I think demand will be high enough that a major drop in prices for any of these cars is not in the cards. In my view, prices will not drop much more than perhaps 10-15% for these cars. So I think those of us who can't afford any of these cars, will still have to dream about them. Bummer.

 

Would guess that when a new Scuderia or 599 are inventoried and can be bought off the floor at MSRP or less - those 'ol cars might dip some.

 

Why would these slow, old cars be worth so much money?

 

What kind of mileage do these get ?
Is there room for a sack of potatoes so I can distill my own spirits ?
Economy down, Vodka up.

 

I'll have one of each, please!

 

I'll have two of each please.

 

The cars that we are reffering to in this thread will not be affected much. They are rare and not many are even available. The cars that were more massly produced are the ones that will feel this economy struggle.

 

Sometime i am just amazed at the American ignorance.

I got news for y'all

there are 6B people in the world and growing, only 5% of that population is here in North America, the US is dead broke, the consumer is exhausted and will be.

THe cars in question hitting even 30% less than what they are worth today will all be shipped back to Euro and other nations where the US buck will be cheap.

Case in point....308 Fibreglass cars are fetching 50-60Euros, which is well over 75K in CDN or US dollars....the whole lot of you think 308s are worth 25K...so these few cars leftover (in euro trim) will be a bargain for oversees folks.....so boxers going to 80-90K again or dinos 75K, is not gonna stay here on our shores....cause they will be bought up and shipped back.(Talk alot of pictures folks, you may never see these cars again in the flesh)

Think GLOBALLY............after all, it was you guys that created this mess of globalization

 

599 maybe because it is a mature model with a long run. 430S unlikely as every car that will be made is more than sold and the production will be finite. In any event the 599/430S market is completely different from that for the F40/275 etc market. Anyone who buys an F40 probably has more than one Ferrari and doesn't give a rat's ass if there is a 599 in stock somewhere

 

if housing is predicted to be down up to 40% from the high of the market, then collectibles may drop down 30-40% themselves. So Dino GTS 135K; Daytona 225K; 512BBi 95 K; F40 360K; 275 have no idea. Will be fun to look back 12 months from now.

Personally I am not wishing for this to happen, as I have several cars that will lose value, but then if you have no intention of selling, it doesnt matter.

 

This sounds reasonable, although IMO the Daytona and 275/330 GTS are solidly in the classic vintage Ferrari category -- any dip in prices is going to stimulate buying, and probably from overseas as Big Red suggests. The supply is genuinely tiny.

The Boxer/308 will go up in the longer term, but I could see a dip in prices. The "wedge" cars, the ones I grew up with, appeal to me, but I know a lot of the old school collectors aren't into them.

I doubt Dino 246s will ever see five figures again. OTOH, at $200K right now it's probably time to sell. I love the Dinos, but it's hard to rationalize the price given the production figures and Fiat engine. At $80K, I'd be a probable buyer.

F40 I think is pretty safe - time has cemented its reputation as the best of the Ferrari supercars. A lot of guys would move in if they detected a soft spot in the market. 1,300 cars is a lot, but demand has always been there.

The most interesting one is the car you didn't ask about: What will a 2000 360 Modena go for in a year?

 

I think the first question to ask is what are the prices now?

So if prices go down 40% from an inflated asking price now, that seems feasible-- maybe someone asking $1.2 million for a 275GTB/4, but not getting it, goes down to a realistic price of $700k-- sure, that seems entirely possible. Still way above 03-04 prices, though.

Many of these cars were way undervalued in 2003-2004. They are probably a bit overvalued now, in US dollars at least, depending on the model. I don't think they're headed back to the way undervalued stage, but a retrenchment to a normal valuation seems likely.

Do you really think this car is going back to $129k ASKING price, as it was in 2002?

http://www.ferraris-online.com/pages/carintro.php?reqcardir=FE-250GTL-5217

 

From a Global perspective we are not alone in the mortgage crisis. For years, Ireland has been referred to as the Irish Tiger because of a strong economy. They leveraged themselves up to a 190% debt ratio. I read that like the Potato Famine, the new credit crunch is another reason for some Irish to immigrate to the US.

The 360 Modena is a real great question. I've been watching prices a long time and I bet the 1999 and 2000 Modena around $20k miles will go for $79,900.00 in 12 months. Same year with less mileage will sell for $90k.

 

Point was/is perhaps using the current cars in the showroom as a marketplace barometer, of sorts (in the U.S.). Late '80's-very early '90's - the new stuff was nearly twice MSRP (and there were 'lists') - and the older collectibles made a pretty legendary price run, too. By the mid-nineties a new 355 could be had at window off the floor (maybe less) - and a 250 Goat was maybe a third the value of its top sale a half-decade prior. And so ...

If/when 'anyone' can again stroll in a showroom and score a new car (two-seater) at sticker or less (locally) - could be we'll then also see a dip in the collectibles?

 

You go ahead and keep believe that....the 60s are over...the US power house is over...we are a nation of Wlamart and Home depot where price compression is the name of the game and no longer quality....like or forefathers that built this country

With the world growing and strong growing markets the attitude you have is complacent, soon we will be outsourcing our mothers.

The dinos and boxers you talk about hitting those price points will be in containers shipped back.......please teach me this money lesson of yours when the US people have a negative balance in bank accounst and soaring debts ? (LARGEST GAP IN RECORDED US HISTORY)...lets not talk about the health care system and all the babyboomers hitting retirement

Come back to reality my friend.