Porsche, Porsche, Ferrari, Ferrari and BACK!!
01-26-2008 | 05:51 PM
#16
Three Wheelin'
Joined: Dec 2007
Posts: 1,559
Likes: 3
From: NY/LA
the entry level f-cars depreciate very little, similar to the lowest end bmw due to social climbing, but primarily due to the long waitlists to buy at msrp, which drive up the second hand market in the near term for those cars. Far less supply than demand, and every guy who just got a little money wants one NOW
But the V12s (not the enzo but the GT cars) depreciate catastrophically. I mean really bad. The market for big, understated $300K V12 coupes which 99.9% of the public wouldn't recognize as a Ferrari is narrow, and comprised of more people who would buy new than those who would buy used, simple. There are exceptions. The glass roof cars and barchettas and superamericas and other limited run, very special ones do tend to hold very well and trade well too as ferrari collectors and serious tifosi snap these up and put them in vacuum trailers pretty quickly.
If you can get 430 spider at msrp or close you will pretty much only lose sales tax when you sell in a year or two. sell before the first major service interval and you're golden!
But the V12s (not the enzo but the GT cars) depreciate catastrophically. I mean really bad. The market for big, understated $300K V12 coupes which 99.9% of the public wouldn't recognize as a Ferrari is narrow, and comprised of more people who would buy new than those who would buy used, simple. There are exceptions. The glass roof cars and barchettas and superamericas and other limited run, very special ones do tend to hold very well and trade well too as ferrari collectors and serious tifosi snap these up and put them in vacuum trailers pretty quickly.
If you can get 430 spider at msrp or close you will pretty much only lose sales tax when you sell in a year or two. sell before the first major service interval and you're golden!
Although the 360 and today's 430 are to be admired for sure, I've never been a "Ferrari guy". Many of the '80s & '90s cars seemed to be "look at me" boy racerish, more show than go...back in the day, there were many 308s and 328s in Miami (where I then lived), and they were easy prey for my 4-banger 944 turbo.
The (now) older F-car I've always liked are the 550/575 Maranellos, with V12 power and a more refined look.
One thing that has always struck me is the "lack of depreciation" argument for F-cars...but that appears to be true primarily because so few of them are really driven (and of course limited production numbers)...often one sees things like 6 year old 360s with 5,000 miles. What's the point of having such a purportedly great "driver's car" if one is afraid to actually...drive it?
The (now) older F-car I've always liked are the 550/575 Maranellos, with V12 power and a more refined look.
One thing that has always struck me is the "lack of depreciation" argument for F-cars...but that appears to be true primarily because so few of them are really driven (and of course limited production numbers)...often one sees things like 6 year old 360s with 5,000 miles. What's the point of having such a purportedly great "driver's car" if one is afraid to actually...drive it?
01-26-2008 | 05:59 PM
#17
Three Wheelin'
Joined: Dec 2007
Posts: 1,559
Likes: 3
From: NY/LA
So here I am again in a familiar spot.....
About to fly out to a dealership where they will pick me up and take me to see my "new" car for the first time. I will drive it home along the Pacific Coast Highway and, no doubt, will have the time of my life!! For sure I won't sleep a wink tonight. I barely could last night just thinking about it!!!
This car will be both my daily driver AND my weekend car. Track car. Everything car!! It is a Seal Grey 6 speed. Exactly what I wanted. As a past Ferrari owner you all aren't missing anything with your Porsche's. Great handling, reliability, performace, classic looks, etc.
I am pumped to be BACK!!
About to fly out to a dealership where they will pick me up and take me to see my "new" car for the first time. I will drive it home along the Pacific Coast Highway and, no doubt, will have the time of my life!! For sure I won't sleep a wink tonight. I barely could last night just thinking about it!!!
This car will be both my daily driver AND my weekend car. Track car. Everything car!! It is a Seal Grey 6 speed. Exactly what I wanted. As a past Ferrari owner you all aren't missing anything with your Porsche's. Great handling, reliability, performace, classic looks, etc.
I am pumped to be BACK!!
Have fun with it!
01-27-2008 | 02:09 AM
#18
Thread Starter
Track Day
Joined: Nov 2005
Posts: 17
Likes: 0
sounds great ! I just did the "saw the car online flew out to the dealer drove it hundreds of miles" thing right before new years, loved it. best way to experience the car, and instead of driving it back to NY or putting on a trailer, I decided to spend the winter in LA. I'm calling it "California Delivery"!
Have fun with it!
Have fun with it!
By the way, your Ferrari knowledge is pretty solid.....
Just got home. Had a blast!! Have gone out to the garage 3 times to "take another look". Looks GREAT. Drove great. That is a heck of a lot of car for the money. Not sure you can touch it at that price. Maybe a Vette?? But I am not sure that the Vette would do it for me....
GREAT car though. Well-built for sure....
01-27-2008 | 01:08 PM
#20
Thread Starter
Track Day
Joined: Nov 2005
Posts: 17
Likes: 0
I LOVE the 550 and 575. I think they look like classic Italian cars. The kind that you would see a rich 50 year old Italian guy get out of on a cobblestone street in Roma to go have a morning espresso and pastry.
01-29-2008 | 01:59 PM
#24
Newbies Hospitality Director
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Joined: Apr 2005
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From: Winston-Salem, NC
