the Ferrari market watch thread | Page 1123 | FerrariChat

the Ferrari market watch thread

Discussion in 'Australia' started by ashsimmonds, Oct 21, 2006.

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  1. F-Serge

    F-Serge Formula 3

    Aug 3, 2004
    1,944
    UAE
    Full Name:
    Serge
    thank god for wayback machine, we can see what the prices were back in the day! here's a sample from 2011 - prices you've quoted are definitely on the higher side, but a good car could've been secured for around 40k pounds: https://web.archive.org/web/20100805064144/http://pistonheads.co.uk:80/sales/list.asp?g=1&s=193&filter=&o=&pc=&min=&max=&txt=&px=&p=1&pagesize=15&xsl=list&y1=&y2=&d=0&dist=&nodays=0

    I don't think the seller made much money on that car, probably got his money back and a small profit.
     
    ihavearedferrari likes this.
  2. F-Serge

    F-Serge Formula 3

    Aug 3, 2004
    1,944
    UAE
    Full Name:
    Serge
    488 - as fast, if not faster, than Enzo, for a fraction of the price?
     
  3. Steve355F1

    Steve355F1 F1 World Champ
    Owner Silver Subscribed

    Aug 26, 2011
    17,136
    Adelaide, South Aust
    Full Name:
    Steve
    So, to summarise, the seller sold his import 360 in one day for a decent number and probably got his money back or made a small loss / profit.

    Still doesn’t quite fit the “Every single person who has an import will have a nightmare trying to sell it” narrative, does it?

    How about we just place that in the extremely large file labelled “BS Peter said”?
     
  4. Steve355F1

    Steve355F1 F1 World Champ
    Owner Silver Subscribed

    Aug 26, 2011
    17,136
    Adelaide, South Aust
    Full Name:
    Steve
    Yeah it’s definitely a win. Must have had that number in mind though to take it one day after listing for $27k more.

    I agree re car value. It’s amazing what you can get for not much these days.

    PS. Can you change gears in 0.15 seconds reliably while wearing tracksuit pants? :D
     
  5. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    You'll find out later this year :)
     
    Steve355F1 likes this.
  6. Reddesire348

    Reddesire348 Formula Junior

    Oct 10, 2017
    484
    Melbourne, Australia
    Full Name:
    Andrew Gaal
    I fully agree. I just bought a UK Import 2004 Red Manual Spider less than 10,000 original kms (yes kms not miles) with full and detailed service history and Im wrapped with it. Its perfect. I paid good money for it well over 170k because its a top car and I know I could easily sell it again possibly even at a profit. I even had other buyers trying to undermine my deal after contracts had been signed by offering the owner more money than I agreed to. God bless them !?!?
    Frankly didnt give a rats whether a UK import or Oz delivery. In fact this whole argument about Oz delivery being soooo much better is all smoke and mirrors IMHO mostly propogated by the Oz car owners fearing the UK imports flooding the market that put downward pressure on their own car resale values. Indeed for some models including the 360 my mechanic would argue strongly that it is a better car. Plus you get so many more interior options etc not available with Oz delivered cars. I have the classic creme/burgundy interior and it looks sweet. Especially as it has the carbon fibre racing seats as well. Loving my UK 360 [emoji38][emoji38]

    Sent from my SM-N915G using FerrariChat.com mobile app
     
    Maranello550 and Steve355F1 like this.
  7. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter

    have you got any evidence to back up ANYTHING you say above?
     
  8. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    you're just being all defensive now.....no one said an oz delivery car is necessarily a better car, but long term, I still maintain it's a better buy.

    The end.
     
  9. Reddesire348

    Reddesire348 Formula Junior

    Oct 10, 2017
    484
    Melbourne, Australia
    Full Name:
    Andrew Gaal
    Why? It comes down to the quality of the car and its service history and thats all. I really don't see the relevance of its journey to our shores.

    Sent from my SM-N915G using FerrariChat.com mobile app
     
  10. Reddesire348

    Reddesire348 Formula Junior

    Oct 10, 2017
    484
    Melbourne, Australia
    Full Name:
    Andrew Gaal
    Indeed for some models the Euro spec'd cars outperform the US spec'd Oz delivered equivalents.

    Sent from my SM-N915G using FerrariChat.com mobile app
     
  11. IanB

    IanB F1 World Champ
    Owner

    Jun 15, 2006
    16,178
    Sydney
    Unless the car was delivered with a kmh speedo, or has had a complete ECU change, the odometer remains in miles regardless of the face of the speedo. This is to prevent tampering with the odometer.

    Your mechanic is being kind to his new customer. Just wait till you have to replace the suspension bushes (a frequent job on 360's) and discover the electrolytic corrosion that most UK cars have.
     
    Maranello550, MAD828 and greg246 like this.
  12. IanB

    IanB F1 World Champ
    Owner

    Jun 15, 2006
    16,178
    Sydney
    Only up to the 328. Anything with catalysts has exactly the same power.
     
  13. MDVoz

    MDVoz Rookie

    Nov 14, 2016
    24
    I think after being a part of this forum for only a short time that there is a lot of people here that have bought/are buying Ferraris for really different reasons. You've got people buying whilst having resale value at the forefront of there mind (Red, Creme interiors, Oz delivery a must etc), whilst you also have people like myself whom are simply a huge long time fan and supporter of the marque and are happy just to get into an "entry level" (If basing off of dollar value) Ferrari being happy to sacrifice on spec, colour etc just to simply get into and enjoy the car.

    The Ferrari buying/selling market is truly the most bizarre ive interacted with!

    In relation to Morettis comment, I do think Ferraris in general in Australia are astronomically overpriced, especially the brand new ones in comparison for what you can get with your money in this day and age! Passion only goes so far!
     
    kerrari, greg246 and Roward7 like this.
  14. Reddesire348

    Reddesire348 Formula Junior

    Oct 10, 2017
    484
    Melbourne, Australia
    Full Name:
    Andrew Gaal
    Well said 100% on the money. It's not a car it really is a way of life, just ask my most tolerant wife [emoji6][emoji38]

    Sent from my SM-N915G using FerrariChat.com mobile app
     
  15. Reddesire348

    Reddesire348 Formula Junior

    Oct 10, 2017
    484
    Melbourne, Australia
    Full Name:
    Andrew Gaal
    I owned and loved my much maligned and trashed 348 for 8 years and loved every moment driving it. Missed it badly when I sold but new I would end up with a better mistress in the end [emoji6]

    Sent from my SM-N915G using FerrariChat.com mobile app
     
  16. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    I can see you don't, and that's fine for you
     
  17. greg246

    greg246 Two Time F1 World Champ
    Owner Silver Subscribed

    Jun 2, 2004
    26,597
    I have read somewhere that changing from miles to km is possible using the SD2.


    Sent from my iPhone using Tapatalk
     
  18. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    Spot on, as anybody who has looked underneath a UK car on a hoist knows. It doesn't take years on salt laden roads to do it either, I've seen almost new ex-UK cars that were just horrible underneath.
     
  19. Reddesire348

    Reddesire348 Formula Junior

    Oct 10, 2017
    484
    Melbourne, Australia
    Full Name:
    Andrew Gaal
    Honestly "years on salt laden roads".
    Arent you being just a bit melodramatic [emoji6]...!!! Ive been to the UK many times. You make the streets of London sounds like the Manly Beach foreshore .!!

    To all the UK import car guys/gals in Oz. How many of you are currently driving around in unroadworthy rust buckets ???

    This is the classic hype that has done the rounds for years about UK cars.
    I think the so called 'salt ridden' UK car is more urban myth than fact. Sure there will be some exceptions but lets face it how many Ferrari owners in the UK hammer around in their Ferrari's on snowy winter days with roads covered in salty snow slurry. How many never clean it afterwrads. I know several owners in the UK and they are only too aware of this and carefully hyberbate their cars over the winter period and wouldn't dream of driving in such conditions.
    Indeed the worst rust bucket I ever saw was a 246GT in Adelaide that needed new chassis rails and it had been in Adelaide all its life.

    In general UK cars have more tolerance in their software to fuel quality, they're less glitchy, they have more aggressive throttle mapping.

    Aussie cars are hated in the UK more than UK cars are hated here. Same goes for NZ. Take your car to NZ and see how it compares price wise to a UK import over there. Oz imports are frowned upon in NZ. So its really down to the car. If its a good clean car with good service history then it will bring top money here whether a UK import or Oz delivery.

    Sent from my SM-N915G using FerrariChat.com mobile app
     
    Steve355F1 likes this.
  20. Horse

    Horse Three Time F1 World Champ
    Owner Silver Subscribed

    Dec 1, 2005
    35,398
    Brisvegas
    Full Name:
    Jon
  21. Reddesire348

    Reddesire348 Formula Junior

    Oct 10, 2017
    484
    Melbourne, Australia
    Full Name:
    Andrew Gaal
  22. 360C

    360C F1 World Champ
    Lifetime Rossa Owner


    Use any terminology you like; but the results are the same. I've been around Ferraris for over 40 years and I've seen literally hundreds and hundreds of them up close and personal. Without a shadow of a doubt the worst cars that I have ever seen have been English imports. I've looked at cars that spent a few months of an English winter on a hoist and all the fixtures and fastners underneath had a film of corrosion, and this was in an era where the cars had good anti-corrosion protection from the factory. I've even seen modern Ferraris that were so badly corroded underneath that suspension components had to be cut off to be replaced because they were rusted on solid. Now imagine what it was like back in the 60's and 70's where they had no rust protection measures. In the "good old days" the unpainted bodies/chassis sat unprotected outside until they were needed for production, that's why your Adelaide 246GT was rotten - they all came with rust as standard equipment.
    There are of course exceptions to the rule and there are some good UK imports around because those particular cars were never used hard and put away wet.
    Those cars are unusual here because most buyers of imports are looking to save money by buying an import over an Oz delivered car. These sorts of buyers will typically buy the absolute cheapest rather than the best car that they can find, and that's why the average UK import you find here is of sub-par quality compared to your average Oz delivered car. You may not like it; but thats a fact.
     
    MDVoz likes this.
  23. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    Why, looks like your typical Oz section F-Chat discussion thats been going on since the year dot :p
     
  24. knocker

    knocker F1 World Champ

    Jul 10, 2017
    12,293
    Sydney Aus
    Full Name:
    Adrian
  25. knocker

    knocker F1 World Champ

    Jul 10, 2017
    12,293
    Sydney Aus
    Full Name:
    Adrian

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