jvmax

just called, sale pending with a $10k deposit. I guess the owner was having car in for a major service and was convinced to consign it. So I guess $499k is not a bad deal for a car with 11k miles with a major service just done.

jvmax

unfortunately, when this starts happening it is a sign of a bubble. Let's hope not as I am just about ready to pull the trigger in 30 days

nuvolari612

04 - five owners would deduct 50 - 75+ vs a one owner 05.

There were no decent pictures so who knows the history - leap of faith.

I know the 04 makes some unhappy but that's the market and it sold very fast.

Bubble - who knows if one is really worried about the value vs a hobby it's not a good idea at any price.

D2005

I posted A couple of months ago about actual 100% known sold prices vs asking prices.

I quoted 385k at an auction in the USA in August and I think just over 400K for a silver one sold by a regular contributor on this forum around November time I think.

It appears that big numbers are being asked but cars are just being flipped between dealers.

Here in the UK asking prices are up to 600K now. But what is interesting is that the PTS blue one at an OPC was initially 565k(gbp) 4 months ago. It hasn't sold for over 4 months so what to do?... put up price to 575, then 585 and now 600K Gbp.

Hallmarks of a bubble?

I don't know the answer, just observing from the sidelines.

Plastique999

Totally agree!
Plan on keeping my 16M for quite a long time. Such a thrill to drive!

amerifrikaner

My brother-in-law is looking to buy a CGT and send me this link...not sure if it is an old and expired listing or a storied car, but it is the first CGT I've seen in quite awhile that is listed for less than $400k...asking is $335k. It does have 27k miles on it, but the asking price is still low compared to what we've seen recently.

http://www.autoblog.com/used-detail-...arrera+GT-2005

Could be the buy of the year if the car's condition is good and no stories, just high miles.

COBRA MAN OF UT

Lol add is older then the Internet. If real would be bought with no inspection or no care of a clean title. And sold to the first person who had real money

nuvolari612

Last soft top to leave Maranello and that hammer shift - great car.

GreenLantern

And now the listing says $550k.

nuvolari612

Probably went from consignment to the dealer buying it.

Either way it's funny!

GreenLantern

Champion's also one of the more reputable dealers, from my experience.

Plastique999

Just to clarify, I'm definitely keeping my CGT....also likely will be holding the 16M as well. These cars are so different yet so fun in their own rights.
Just surprised to see CGT prices rise rather quickly.

nuvolari612

Apologize - that was associated in my mind for Jamie not you.

I agree it's a nice combination - best two shifting open tops ever built out of Maranello and Leipzig.

cgt04115

It seems CNC has a committed deal for the 7K mile yellow car listed at $799K........

amerifrikaner

I'm not sure how to read the market anymore...thought we saw new highs recently with cars in the high $500k and low $600k and now they are selling in the high $700k...not sure that I feel comfortable with the increases being that rapid but what do I know...for the smarter guys here...anybody care to venture speculating what is driving the increases and who are the buyers at these prices?