What would you buy ? | FerrariChat

What would you buy ?

Discussion in 'Ferrari Discussion (not model specific)' started by rmlovett1, Jul 17, 2022.

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  1. rmlovett1

    rmlovett1 Formula Junior
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    Dec 27, 2011
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    Looking for some thoughts… At the end of the day I will obviously make up my own mind, but interesting to hear what the forum thinks. I have a 488 GTB, and a 991.2 Carrera.
    I’d like to get into something a bit newer (2020 at the oldest) with a little more sound, although sound isn’t a deal breaker, I really appreciate it in an exotic.

    -Budget up to $310-$320K.
    -I would like to stay in that range and keep the 911, but it’s not out of the realm to add it into the equation, which would add another $80K or so to the budget.

    -Weekend driver, spirited drives on twisty mountain roads and normal drives to shows, etc…
    -Don’t mind loud colors (488 is red, 911 is yellow)
    -Won’t be on the track
    -Depreciation is expected, but wouldn’t want to take an absolute bath, it’ll be a two year car at most
    -Would like to stay Ferrari, Lamborghini, Mclaren (exotic)

    -OR….would you hold at this point and see what happens in 6mos to a year with values? I think all values may be coming down at this point, but the trade in values go down as well. So kind of a wash IMO

    Thanks as always for your thoughts
     
  2. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
    6,478
    First thing that comes to mind, have you ever owned a V-12? Seems like a logical next step. Other than that, step up to a Pista maybe, but outside your current target.

    I personally wouldn't buy in an overheated market, but I'm strapped for cash anyway. But logically if you are trading in a $80k car wholesale against a $300k car retail it isn't a wash, even in a overheated market just by the percentages.
     
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  3. rmlovett1

    rmlovett1 Formula Junior
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    Thank you. Yes, Pista is out of the budget. I haven’t driven a V12, just the V8’s and the V10 EVO. I’d be trading in the 488, so $280-$290k trade-in value I’d assume, + cash up to a total of $310-$320k towards ??
    IF I were to add the 911 in trade as well, it’d add around $80k or so towards the deal….then I’d have a total around $390-$400k towards the new purchase.
    The wash factor in this would be that the prices of the 2020-2022 exotics are coming down….but then so are the trade-in values.
     
  4. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
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    Agree that the market is cooling down due to the economy. You will find a V-12 will give you the torque that led you to the 488 in the first place, but it does so in a much more linear smooth way, which just feels more natural.
     
  5. tbakowsky

    tbakowsky F1 World Champ
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    V12 all the way. But I would wait until after October before making any purchases of any luxury items. I have a feeling plenty of toys will hit the market for attractive prices.

    Get in with somebody who has access to the dealer auctions and bank repossessions. The deals will be there first.
     
  6. Doug.

    Doug. F1 Rookie
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    Hard to say really in your situation. Pista is too much, even with the 911 trade...same with 812.

    F12.
     
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  7. rmlovett1

    rmlovett1 Formula Junior
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    That’s what I was thinking. I’m also looking at the Huracan RWD and 720S
     
  8. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
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    Hope you are talking about an EVO RWD....if so, great car. I drove one once, very entertaining. If I wanted a newer car, it would be that or a GT3 RS.

    The F12 probably doesn't meet the "newer car" definition.

    I don't trust McLaren as a company. Our local dealer was bought out by the Lamborghini dealer because they weren't making it on their own. Then they had to sell their headquarters and take out huge loans...
     
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  9. Nel1

    Nel1 Karting

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    600LT Spider is lots of fun, significantly Image Unavailable, Please Login
    different from the Ferrari and the Porsche and it sounds pretty good with the top down or with the rear window open… the upshifts and downshifts are pretty good in my opinion.


    Sent from my iPhone using Tapatalk
     
  10. tbakowsky

    tbakowsky F1 World Champ
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    Cool car. Dump it when the warrenty expires. We have quite a few rolling into the shop now..the repair costs make a Ferrari seem cheap.
     
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  11. Gh21631

    Gh21631 F1 Veteran
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    Probably the best sports car you can buy for that money.
     
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  12. Ngcanada

    Ngcanada Formula Junior

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    Richard....you need to try a Ferrari V12....nothing like it. It suits your criteria listed really well.
     
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  13. Vegas CS

    Vegas CS Formula 3
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    An F12 would fit your criteria (except for the year). I’ve had CS’s, Scuds, a 458, and an F12. The F12 was simply a beast. Pilot Sport 4S’s could not contain that torque. And the noise was pure Ferrari.
     
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  14. rampante550

    rampante550 Formula Junior

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    for the two chief requirements - 2020+ and $315k max, nothing really comes to mind that would be much of an improvement over your current situation. That said, if you'd like to change things up, i would consider a Lusso or DBS Superlegerra for that criteria
     
  15. Shorn355

    Shorn355 F1 Veteran
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    Well for me (and we are kind of in the same position) you have the Ferrari box checked as well as the Porsche with awesome examples of each - Personally if you are wanting to stay exotic and have $300K-ish to spend I would look for a Huracan Spyder - To me they are sick beautiful - super exotic - checks all the "weekend driver/spirited drives/twisty road/shows" boxes in droves.

    I am in the same position but have two Ferrari's and a high-end Porsche so rounding out the "family" has be focused on Lambo - but I don't have Huracan money so looking at an older Gallardo - plus might be able to get a manual without paying stupid money like Ferrari.

    As far as waiting - my attitude is if you can pull it off now financially then do it and don't play the value game for modern cars - nothing you have or are considering are going to massively increase or decrease in value so while there will be spikes (like now) and probably some dips overall you are not going to retire on any appreciation and not going to be homeless due to the depreciation. I would rather get hit by a bus knowing I own a Ferrari, Porsche, Lambo then wishing I did :) :)

    Just my .02 - Cheers :)
     
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  16. ross

    ross Three Time F1 World Champ
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    720s spider
     
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  17. Robb

    Robb Moderator
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    I’d go straight to an F12. No doubt.

    Robb
     
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  18. camshaft

    camshaft Karting
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    I originally had the same criterion as you and had a Huracan Evo RWD on order. I later canceled it and went F12 even though it's an older car. No regrets. The stock exhaust valves keep it quiet below 3500rpm but are very easily disabled.
     
  19. Caeruleus11

    Caeruleus11 F1 World Champ
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    What about the 488 is it that has you wanting to trade it/ what do you like about the 488.
     
  20. ryalex

    ryalex Two Time F1 World Champ
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    Wait, what? You sold already? :(
     
  21. Vegas CS

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    #21 Vegas CS, Jul 19, 2022
    Last edited: Jul 19, 2022
    Yeah, but it funded my paying off my house.

    I wanted to experience a Ferrari V12 and it was fantastic. Took it on a couple of short road trips and was able to hit 170mph in “Mexico”.
     
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  22. BerkeS

    BerkeS Karting

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    I'd give a V12 a try since ICE is probably going to be extinct soon. Maybe the F12? It's a bit older than you would like but I figure you could stretch your standarts. :)
     
  23. ryalex

    ryalex Two Time F1 World Champ
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    Well that's pragmatic, especially if you are concerned about the economic turbulence [that is just getting started IMO].

    So, you're saying you found an straightaway that lasted 8-10 seconds? :cool:
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  24. Shark01

    Shark01 F1 Veteran

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    Then why not go 812?
     
  25. Ingenere

    Ingenere F1 Veteran
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    At that price point: McLaren 720S
     
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