.....but I'll make you a great deal at only $500,000....no, make that only $250,000. Mr. Wiggles needs the premium Purina. Image Unavailable, Please Login
Seriously, Cavallino put the Avg. High somewhere around $135K, IIRC. This excepts the anomolies like Mike's, and the Canepa Boxer. They're moving up, slowly, which is fine with me. Too rapid, and I'd be even more nervous about driving it amongst the idjits around here.
You culd get a ratty one for 85K i would say and then dump 40K to make it work. I think you will need 135 for sure for a real car....correct history nd mileage proven, plus all the service up to date. But more important to me at this time is the other stuff. Fuel lines, ball joints, suspension, carbs...a regualt service now on these cars getting this age means you still need to spend large to get it right....new hoses all round, the list goes on and on. So 135 would seem ok, but a more perfect one i think you need 150K. I know if i had one that was this perfect i would not let it go for under 150.
I agree with you. I was offered $165k LAST year at Monterey for my Platinum car. I turned it down cause the money didn't really matter since I love the car and where would I find another 4k mile car original car. At Cavalino this year I was just watching this one BBi owner being hit up by various people to sell his car. He said it was not for sale though. Peopl know these cars are the next big thing. They have alot going for them.
Speculators have definately gotten in on the action. Should be at least 10% higher than last year, I would think, for a car with a recent major (just prior to sale). After all, that is what a major costs!
I hear a lot of talk, see a few premium cars sell at high prices, and still see average cars selling at auction in the 70s, same as the last few years. I don't see any big move yet-- it'd be nice if it did happen, though.
As I noted in the vintage section, multiple markets (art, collector cars, etc.) are being pushed higher by non-US buyers taking advantage of the crippled dollar. One element of the late-1980's insanity was the flow of Japanese and mid-East cash into the US real estate and collector car markets. Today, the US dollar has tanked and China and the USSR are minting new millionaires (and billionaires) every month. No doubt that some speculators have sold their empty condos and bought lower priced, older Ferraris (Boxers, Daytonas, 330GT, etc) on speculation. My sense is that F40's, F50's, and many 275's have been acquired by car enthusiasts over the past 5 years and very few are being held on speculation. Just my $0.02
"average" cars are more in the 85 to 115 range now..the AJ car, with buyers premium was 86, I think..a 20% increase over last year..and steve markowskis 365 bb brought 186 and Keith martin rated it a condition 3.. when a daytona goes uo from 250 to 300, a 20 % increase, thats more noticable than when a bb goes up from 70 to 85, the same 20%. try to buy a good driver in the 70's now..
Agreed. I looked - hard - and that 70k car wasn't out there. I did see two in mid-high 70's, both needing a major major if you know what I mean, and they're both now sold. A confluence of many things have occurred, most of which I'm not equipped to relay, but the prices do most definitely appear to be on the upswing. I didn't own my car a week before having two mildly serious plays for it "if I changed my mind". They're desirable for the right reasons too - I don't regard these as 'flash in the pan' infatuations. Long time coming or really overdue, take your pick. But either way, seems the trend is quite upward.
I'd be hard pressed to sell the '78 Boxer unless the offer was way up there. I just don't know what i would replace it with. While I'd love to have a 275GTB or a Miura- with the prices that they pull in it may never happen (anyone see the Miura market collapsing? Not me!) . & I'm just not a Countach kinda guy. For me nothing offers what the Boxer has- mid engine 12 cyl with carbs. Maybe when I get real old and the rough edged Boxer is too much I'll sell.
The trend has been upward for the past 4 years,they really seem to have caught on in the past 2 epecially from favorable press such as the Forza article calling them one of the greatest designs and Ferraris from post 70s, even new Ferraris including the Enzo still share Boxer styling cues. While I can appreciate a 4k mile original car, my car with its 15k miles, respray and such I have no guilt driving it which is where these cars shine over almost any Ferrari in driving experience, new Ferraris may be faster but nothing is like a big flat F 12 behind you screaming crammed into a race light aluminum body.
You're right about that! I don't think I could sell the '77 Boxer unless the price offered was rediculously high. The only two cars that I think would give the same visceral driving experience for me are the Daytona and the Miura SV, both of which are waaaay out of my price league. I was very lucky in buying mine when I did for the price that I paid, because I think there were a couple of guys right on my heels waiting to buy if I didn't act fast. Whew! Just think, I almost gave it up for a 550 Maranello which is an awesome car itself.
The Daytona is a car on my list to get as well. But let me tell you something. A few weeks ago I drove a Daytona for the first time. I hate to say it but I was very disappointed with the experience. After reading so much about these cars over the years my expectations were way to far. IMO, It does not even compare to the Boxer experience. In terms of acceleration I felt the Boxer would kill it. The sound was not even what I expected. Now I know why when the Boxer came out almost everyone was trading Daytona's in on the hot new Ferrari flagship. Don't get me wrong I LOVE Daytona's and would love to own on someday, but to me values aside I would take a Boxer any day as my first choice.
You most likely drove in a dead daytona....i had the great pleasure of being in one and it was everything i expected and more at 7,000 rpm...the cars if set up perfect run sweet...unfortunately, alot of dead ferrari's out there that just look nice when washed and parked. Sad...really.
I've never been a big Daytona fan either...although I do recognize their historic significance...I prefer the looks of a Boxer,250, 275 and even 330GTC more...as I would never race an classic Ferrari anyway, looks is the most important aspect to me...but, different strokes for different folks and all that...
Actually, even though I love the Daytona, I really prefer the low slung, 2 seater, mid-engine look. It screams that classic, Ferrari image in my mind even before I knew what one looked like or that I would ever want one.
It's comments and feelings like yours that I keep hearing from many people that will keep fueling the Boxer market. It is just a great looking and performing car. It was THE Ferrari of its day and many people are really starting to appreciate them now.
The Boxer market has been kept down in part because it was never officially imported to the USA and a lot of folks never knew it existed as so few came in via gray market...plus, the 308 of Magnum PI fame imprinted it in the minds of USA TV viewers that the 308 was the Ferrari of the 80s...most didn't even know the Boxer existed back then...
What part of my theory is off ? In the 80s only the die hard Ferrari fans in the USA knew that the Boxer even existed while almost everyone in the USA knew of Magnum's 308... now in Europe and Asia it was a different story as they got the Boxer
Ive never heard a collector of ferraris say "I dont want a boxer because they look like a 308" Ive heard knobs on the street that cant tell a mustang from a vette say "hey nice 308", they will never blessed enough to own or understand what a boxer is so im not concerned about them.
The Boxer had gone through the phase just like almost every other Ferrari in that it was just a older used Ferrari. Now it is becoming a classic and very desireable. People that buy these cars along with Daytona's,275's,250's etc don't really care what the average joe thinks what it looks like.If I had a 275GTB4 I could care less if someone thought it was a Datsun 240Z. We buy them because fo the site,sound, smell,history etc...