Boardwalk has a red one with 1300 miles and asking is $277k...
Boardwalk has a red one with 1300 miles and asking is $277k http://www.auction123.com/showroom/boardwalk_ferrari_maserati/2005/Ferrari/Superamerica/F1A/ZFFGT61A050146150.html?showroom_dealer=7847&wait=false Are these starting to drop in price? PS - looks like it does not have a GTC pack
I have done a lot of research and written about this on another thread. Prices are even lower than that. Offer $250K and show them you have the money and you will get it.
Why do we think these prices are dropping right now when Barchetta prices seem to be firming up a bit? Supposed to be a great car, but IMHO they are a bit ugly. The C pillars, and the top/trunk make the car too functional looking for me. I think the fact that most of these were F1 trans and not 6spds will hurt their value and cause a 550 Barchetta to surpass it at some point.
But, I think weakness is everywhere in the market. If you look at actual sales of Barchettas there is no evidence of firming. In fact, they continue to fall. I know. I was offered s**t for mine when I tried to trade it. I am really in the market--and have been for a while--but I sincerely believe that we have much farther to fall and I believe things are going to get much worse before they get better. I am hoarding cash right now, in a completely defensive posture. This economy is getting ugly. As for the cars themselves, I completely love the Barchetta, but it is getting to be a very old car. Little things like the lack of GPS or the old stereo with no i-pod aux input, or the look of the gagues. It does not compare with the SA, which, even though modern, is also starting to look dated. Go drive a 599, and you will find a state of the art, rocket ship. Again, I love my car, but against the 599 it is like the Apollo rocket vs the space shuttle. If you drove the 575 SA first, you would never be happy with the Barch. Right now, I am hunkered down, waiting for the world to end.
If you are in finance, you know why I am hunkered down. We saw this coming and we think it will get worse before it gets better. Right now, my first priority is to make sure there is enough cash to ride the storm. Second priority is to start picking the bones of those who blew up. The residential market has been crushed, and it is not starting to hit the commercial markets--financing has dried up and companies were using residential profits to fuel commercial. How does this relate to Ferraris? Prices fall. Good bargains are starting to appear and more will appear as we work through the inventory. As for being hunkered down, the Chairman of our company has a farm house, complete with underground 500 gallon gas tank, a water purifier that makes 250 gallons a day, and solar panels and batteries for energy. Oh, and he has a closet full of scotch, in case all else fails.
Ramon Allones Churchill, Siglo VI, Partagas No 1, or the Rush Limabugh favorite, La Flor Dominica Double Ligero Chisel? How about 'all of the above?'
Also 3 others with asking prices below $299k from the Ferrari Owner's website www.ferrariowners.com/ ---------------------------------------- 2005 Superamerica F1 Grigio Titanio Metallizzato with Cuoio Vehicle details: Price: USD 289,000 Odometer: 455 Miles Transmission: F1 Capacity: 5748cc Style: Convertible Engine: Gas Standard Equipment: F1 Paddle Shift Gearbox Options: Aluminium Colour Brake Calipers, Daytona Seats in "Cuoio", Leather Rear Wall in "Cuoio". Warranty till 03/21/2008 VIN: ZFFGT61A450143087 Dealer facilities: Full Service History, Financing Available, Delivery Available, Price Excluding Tax Ferrari Maserati of Central Florida ---------------------------------------- 2005 Superamerica F1 Rosso Scuderia with Nero Vehicle details: Price: USD 295,000 Odometer: 1,295 Miles Transmission: F1 Capacity: 5748cc Style: Convertible Engine: Gas Standard Equipment: F1 Paddle Shift Gearbox Options: All Stitching in Colour in "Rosso", Daytona Seat Leather Stripes in "Nero", Daytona Seats in "Nero", Interior Carbon Trim, Leather Rear Wall in "Nero", Rosso Scuderia Brake Calipers, Space Saver Wheel Kit. VIN: ZFFGT61A050146150 Dealer facilities: Financing Available Boardwalk Ferrari ---------------------------------------- 2005 Superamerica F1 Rosso Corsa with Beige Vehicle details: Price: USD 299,000 Odometer: 3,500 Miles Transmission: F1 Capacity: 5748cc Style: Convertible Engine: Gas Standard Equipment: F1 Paddle Shift Gearbox Options: All Stitching in Colour in "Rosso", Daytona Seats in "Beige", Leather Rear Wall in "Beige", Red Brake Calipers. Nicely optioned, and in excellent condition, 430 F1 Spider in Red/Tan. Please call or email today, for further information VIN: ZFFGT61A650143107 Dealer facilities: Financing Available, Delivery Available Shelton Ferrari PS - added link to website
+10 the recent rally of the dollar against gold and the euro is, in my opinion, total BS and temporary. we haven't seen anything yet.
agree: hang tight, times are NOT seeming to improve. We have a bunch new inventory and banks are being di$ks towards our buyers......maybe next year.
$299k at Motorcars Intl http://www.motorcars-intl.com/vehicle_details.aspx?id=686&CAR=Ferrari-575M-F1-Superamerica 2005 Ferrari 575M F1 Superamerica Equipped with the $7,700 Carbon Fiber Interior Trim! Engine: 540hp V12 Transmission: F1 Transmission Exterior: Grigio Titanium Interior: Black Full Leather with Silver Sitching Stock#: M-4267 Mileage: 917 VIN: ZFFGT61A950145434 Price: $299,500.00 Beautiful, 1-Owner 2005 Ferrari 575M F1 Superamerica in Grigio Titanium over Black Full Leather with Silver Stitching and Carbon Fiber. Just 917 miles! Built by Ferrari with the F1 Transmission, Scuderia Ferrari Shields on the Fenders, Silver Painted Brake Calipers, Power Daytona Style Seats, Light Grey Daytona Seat Inserts, Carbon Fiber Interior Trim, Leather Upholstered Rear Wall, Handy Fire Extinguisher, High Power HiFi Sound System with 6 disc CD Changer, Satellite Navigation, and All Stitching in Light Grey. Original sticker price of over $326,000. Complete with all books, book pouch, all keys and remotes, full car cover set, tool kit, air compressor, and original window sticker. Fully inspected in-house both mechanically and cosmetically. We have specialized in offering spectacular Ferraris just like this for the last 29 years. Our reputation has been established with clients in every far corner of the U.S.
I agree with the hunker down concept, just not the "end of the world" concept. It feels like a very sloooow train wreck and it may be that enough time will elapse to give everyone some wiggle room and bootstrap out of this. I AM concerned that the banking system seems broken in some parts of the country (personal experience in FLA) where even reasonable risks are not underwritten either from poor balance sheet (understandable) or lack of risk appetite (those that can muster the stomach can find some good deals out there!) just my 0.02. M
