Parnelli

Guys,

One of the reasons I decided to buy a 993 TT (besides it's beauty) is that I believe it will at a hold it's value over time (as opposed to big depreciation on 996 and 997's.....and BTW, those are nice cars as well). As an investment $$ manager that is important to me. So here is my question and it may be a ridiculous one so try not to beat me up too much
What is the equivilent in the Ferrari world......ie what would be a F car that could be enjoyed for 1,000-1,500 miles per year and yet HOLD it's value? Let's use a cap of $200,000. I assume it would be an older model w/ less production numbers than the recent cars from the past 15 years or so . And I know that maintenance costs are crazy on these cars so that needs to be factored in, although I assume an older one has most of that stuff done already. Are there any of these that may actually appreciate in value? OK guys, let me know!!
Thx!!

pu911rsr

I am not a Ferarri expert but my little bro has has a couple. I'd say you'll need to go back to at least the early 80 Boxer's to get in that category. They are beautiful to look at but very expensive to maintain.
Phil

Texas993

IMO, the 993 of the Ferrari world is the 355. It even has some of the same issues - weak valve guides.

sfbanchs

DEFINITELY NICELY SORTED 355 PERHAPS WITH THE RARE GTS TOP, F1 TRANSMISSION WILL DEPRECIATE FASTER THAN THE 6 SPEED BASED ON FCHAT FORUMS

Parnelli

is the 355 done depreciating in value, however?

993MAN

328GTS is rare and collectable, and will always be worth more than a 355 IMO.
Classic beauty.

Parnelli

http://www.autotrader.com/fyc/vdp.js...standard=false

328GTS for sale

Parnelli

"7,400 Ferrari 328s were produced by the time the model was replaced by the new 348 in 1989, bringing the total for the 308/328 generation to nearly 20,000"

20,000 seems like a large production number. The 993 TT's had less than 2,000 cars total brought into the U.S.

parsonii

i would probably say this car right here:


F355 GTS

In 1995, Ferrari introduced the GTS model to the F355 family. The GTS model is based on the Berlinetta but offers a removable "targa-style" hard top roof, which can be stored behind the seats. Other specifications were identical to the Berlinetta. A total of 2,577 GTS models were produced, with 2,048 delivered with the 6-speed transmission and another 529 with the F1 transmission.

here's one for sale black on black. kinda looks cool.

http://www.sportscarcompany.com/deta...d-1586974.html

993MAN

Fair enough too, but here in NZ there are not many 328's. i'd take a guess that there are more TT's, but thats just here.

azmurciev12

from what i have seen, the 355 is on an upward trend in pricing or at least it's holding very steady. you can now find some 355s more expensive than 360 -which is similar to what has happened to the 993 to 996. still i think in the short term, there is still possibility to lose some money but it won't be much at all.

now, if you want a recent ferrari that i haven't seen depreciate in a couple of years and have a feeling will continue to hold it's value... it's the Ferrari F512M. this is the last year and the best of the best of the Testarossa model range, similar to the 993 Turbo S. i feel this will be your best bet! i love this car and i know you will not lose money with this one except on the maintenance. and for sure heads will be turning.

930man

993MAN.... As a huge dog owner.... Your avatar pic kills me!!!! Been there done it .. They look so embarrased when on!! Lol

Parnelli

great post guys....keep them coming!

TTKan

My mechanic works on both Porsches and Ferraris. I know that I don't have the stomach for the maintenance expense on the Ferraris. This is my favorite story. A friend of my mechanic's allows him to use his 360 for the weekend. When the weekend was over, having thoroughly enjoyed the 360, my mechanic pulls into his driveway and rips off what he says is a simple rubber piece at the bottom of the spoiler. Of course, he paid for the replacement piece to the tune of $1600. Not for me!

StoryBook

I'll take a stab at this for you guys. Imho.....the "only" modern Ferrari that will hold its value similarly to the 993 TT........is..........the Challenge Stradale! My reasoning. Number one, very limited availability. Solid, clean cars that show up on the market are snatched away almost instantly. The ones languishing are not "clean" cars. Number two is the fact that many in the Ferrari world including Concourse Judges consider the CS as the spiritual successor to the F40 in terms of visceral and purposeful nature. The focus of the CS in the market place was very similar to the F40 when it first appeared.

Stradales have most likely seen the bottom of their depreciation curve. At a current average of 135k for a clean one.........there is not a Ferrari out there that gives the same excitement and feel for the money. Not one.