F40 vs CGT question.
#18
Three Wheelin'
#19
If I were to travel with my brother or a mate I'm sure I could do a 2 weeks trip without any issue...only restriction being probably the difficulty of taking the roof off during the transfers when the "luggage" is in the car.
#22
Race Director
Build quality has to count for something, almost like the mclaren f1, the CGT is like a jewel under the skin.. The f40 more like a rough race car. The f40 is special because it's iconic, and reminds us of a bygone era, but it's a v8 with some turbos and little other technology. but the CGT is a technical and engineering exercise, exquisite in every detail. From a value perspectives the CGT are close to the bottom.. But soon they'll pass the 918, and continue to go up. F40 is at top of their value for foreseeable future?
#23
Drifting
Thread Starter
[QUOTE=CAlexio;13465296]Build quality has to count for something, almost like the mclaren f1, the CGT is like a jewel under the skin.. The f40 more like a rough race car. The f40 is special because it's iconic, and reminds us of a bygone era, but it's a v8 with some turbos and little other technology. but the CGT is a technical and engineering exercise, exquisite in every detail. From a value perspectives the CGT are close to the bottom.. But soon they'll pass the 918, and continue to go up. F40 is at top of their value for foreseeable future?[/QUOTe
I am in agreement...I see big upside in CGT. My top three favorites of cars I've owned or driven are:
CGT, Aventador, 430 scud(I am a sucker for the sound)
I have not driven the 918 yet.
I am in agreement...I see big upside in CGT. My top three favorites of cars I've owned or driven are:
CGT, Aventador, 430 scud(I am a sucker for the sound)
I have not driven the 918 yet.
#24
Race Director
918 feels like many different high tech parts working hard to make a very heavy object go fast. Like a better made fisker karma if you've ever experienced that. All those complex parts are an engineering marvel, but it's more like a speed factory than a car.. Feels like too many things can go wrong, and the driving experience is extremely remote. It's impressive, no question.. But a scary used car proposition no matter your budget.
In 20 years.. 10 years, maybe even 5.. When Porsche's next uber car figures out speed without complexity, the 918 will look like nothing more than a very delicate and clumsy 1.0 hybrid effort... With technology too old and complex to fix. The carrera gt will be the epitome of architectural simplicity in construction, with a Manual transmission and a screaming v10 with the best sounding exhaust in automotivedom. If I could buy a CGT today, I would over any stock or art portfolio.
In 20 years.. 10 years, maybe even 5.. When Porsche's next uber car figures out speed without complexity, the 918 will look like nothing more than a very delicate and clumsy 1.0 hybrid effort... With technology too old and complex to fix. The carrera gt will be the epitome of architectural simplicity in construction, with a Manual transmission and a screaming v10 with the best sounding exhaust in automotivedom. If I could buy a CGT today, I would over any stock or art portfolio.
#25
Platinum Dealership
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yes but CAlexio-
the best thing about the CGT is also the worst thing- it has a manual transmission- and because of that, lots of people have trashed their synchros and clutches over the years because they did not bother to properly learn how to use the car.
why is this a problem?
well in 15-20 years when all the current 20 year old tech nerds have the real money to buy the coolest things from the 2000's (I'm 35 so I like 90's stuff)- they probably won't be able to drive their cars. They'll need some old neighbor like me to show them how to do it. The CGT is almost like an old Bugatti in that sense- it's elegant, avant-garde, preposterous, classic, and dangerous all in one package.
the biggest detraction on the CGT values currently are the crappy ones for sale. the condition spread is so elastic right now because driver mile cars are continuing to get more and more beat up. by 20k miles, some guys will need new windshields, rotors, resprayed this and that. so while the 100 mile collector museum pieces are 1M+ all day long, the beater CGT (perish the thought) is 600k on a good day and less with a desperate seller (some are getting desperate). That "condition gap" will grow for the next 10-15 years. I'm going to drive my driver and store my museum piece CGT. I have two exactly for this reason. Ride the wave up and shift my own PCCC and mash my own PCCB.
we as the CGT owner community need to take this sh***y ones off the streets or convince the sellers to take them off the internet sales boards.
then scarcity would rule and if someone wants to get a CGT they have to start paying up again.
the best thing about the CGT is also the worst thing- it has a manual transmission- and because of that, lots of people have trashed their synchros and clutches over the years because they did not bother to properly learn how to use the car.
why is this a problem?
well in 15-20 years when all the current 20 year old tech nerds have the real money to buy the coolest things from the 2000's (I'm 35 so I like 90's stuff)- they probably won't be able to drive their cars. They'll need some old neighbor like me to show them how to do it. The CGT is almost like an old Bugatti in that sense- it's elegant, avant-garde, preposterous, classic, and dangerous all in one package.
the biggest detraction on the CGT values currently are the crappy ones for sale. the condition spread is so elastic right now because driver mile cars are continuing to get more and more beat up. by 20k miles, some guys will need new windshields, rotors, resprayed this and that. so while the 100 mile collector museum pieces are 1M+ all day long, the beater CGT (perish the thought) is 600k on a good day and less with a desperate seller (some are getting desperate). That "condition gap" will grow for the next 10-15 years. I'm going to drive my driver and store my museum piece CGT. I have two exactly for this reason. Ride the wave up and shift my own PCCC and mash my own PCCB.
we as the CGT owner community need to take this sh***y ones off the streets or convince the sellers to take them off the internet sales boards.
then scarcity would rule and if someone wants to get a CGT they have to start paying up again.
#26
Platinum Dealership
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psychologically the key inflection point on the CGT valuation will be when a non-special one hits a magic number at an auction. This will cause two things-
1)more crappy ones to flood the market- huckster style
2)and the REALLY nice ones to be worth a ton more
we are in a holding pattern right now on values but you can look at it two ways- a CGT going up 200k is smaller amount than an F40 going up 500k. But- the % of equity jump is also higher on a CGT.
the real hedge is to have multiple CGT at multiple price points, mileages and specs.
1)more crappy ones to flood the market- huckster style
2)and the REALLY nice ones to be worth a ton more
we are in a holding pattern right now on values but you can look at it two ways- a CGT going up 200k is smaller amount than an F40 going up 500k. But- the % of equity jump is also higher on a CGT.
the real hedge is to have multiple CGT at multiple price points, mileages and specs.
#27
Race Director
What are the major areas where a CGT gets "****ty".. Is it consumables like rotors, or something deeper and more expensive to address?
Also curious how synchros get trashed?.. I know the clutch is tough, and you have to let it out without touching accelerator.. But after first gear is there a special technique for the others?
Also curious how synchros get trashed?.. I know the clutch is tough, and you have to let it out without touching accelerator.. But after first gear is there a special technique for the others?
#29
Racer
and with the crappy ones, all items that can be restored or repaired?
#30
There are so many reasons the CGT will trump most supercars in time.
Last Porsche supercars from the private era. A culmination of 60 years of prototype endurance racing, the plastic cars wrapped up in a brilliant street package. The swan song.
Just so many reasons the car will be worth much more when it becomes a true vintage car. I see them as modern Gullwings. The driver cars will get restored and by and large they really are not complex so I envision specialty shops will pop up in time.
Last Porsche supercars from the private era. A culmination of 60 years of prototype endurance racing, the plastic cars wrapped up in a brilliant street package. The swan song.
Just so many reasons the car will be worth much more when it becomes a true vintage car. I see them as modern Gullwings. The driver cars will get restored and by and large they really are not complex so I envision specialty shops will pop up in time.