Price question

imo 200/225

 

190-210k. Although you might be able to get more if your willing to take your time selling. No hurry.

 

Bought mine in ‘97. Used the CPI to calc the present day value based on my original purchase price. It says that my original purchase price multiplied by 1.73 would keep me ‘even’ with inflation.

Given the above estimates of current prices, plus upkeep, plus insurance…. it has been ‘about’ a breakeven ownership.

Twenty five years of a top-of-the-line Ferrari in your garage for free.

The takeaway is this:
These cars are increasing in ‘value’ and not just ‘price’.
As inflation continues to rise at an even faster pace (as of today, at 7.5%) our car’s ‘price’ will likely exceed the overall cost of ownership.

Think carefully before you sell.

Your ‘cash’ will LOSE 7.5% of its value over the next 12 months.

https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1913-

 

BTW: This was just issued:
Image Unavailable, Please Login


The current, 7.5% overall CPI is likely a low estimate for your TR given the 40.5% price increase for vehicles.

Selling a TR now, is like throwing money in the trash.

.

 

Arguably a TR is one part discretionary (" I've always wanted one since Miami Vice " etc), and one part investment ( "rare and desirable, so buy one now before they shoot up in value!" etc). Are you not concerned about the interplay between massive price increases of necessities in turn lowering discretionary purchasing ability, and the resulting negative effect on TR prices, including M0SS's example?

And @m0ss , without any additional context, I would guess $175k give or take $10k based on recent informal observation.

 

Many factors at play.

I have no crystal ball, but looking backward over the last 25 years, it indicates a trend.

Yeah…. it could easily all go to hell in a handbasket.