Re: Need group wisdom on pricing for 2007 F430
From: Paul K Rentiers (rentiersme.com)
Date: Sun, 7 Feb 2010 06:31:01 -0800 (PST)
Clyde is right. As usual. 

No one needs a 100K+ car these days. No one with a brain is accruing debt 
period.

I am passing the winter in my trusty El Cheapo Repo, a 2003 F150, courtesy of 
Brian Buxton who picked it up at auction for me. Besides it's fun to fix the 
odd bits that need refurbishing. Today; while the wastrels flagellate their 
eyeballs watching the 8 hour Stupor Bowl PreGame Blatherthon, I am installing 
some zoot headlights with little LEDS like on an Audi R8. 

How's that cLdYe? All the sizzle of a Deutsch-shitbox without paying for the 
steak! Pic of truck here: http://www.lifeitsownself.com/?p=15510

I crack myself up  :-))

the kenverine

On Feb 7, 2010, at 8:15 AM, clyderomerof4 [at] bellsouth.net wrote:

> I am with you
> There is a 575M at F of ATL with a $139k sticker on it and I looked at it 
> while I was there looking at your car
> He called me as I left an said I could have the car for 109k 
> And there were 2 used Californias on the showroom floor!
> Let them starve I say this economy is not coming back anytime soon
> And no one needs a 100+k car now a days
> 
> Clyde
> Sent via BlackBerry by AT&T
> 
> -----Original Message-----
> From: Jim Conforti <lndshrk [at] xmission.com>
> Date: Sat, 06 Feb 2010 23:02:38 
> To: Clyde<Clyderomerof4 [at] bellsouth.net>
> Cc: The FerrariList<ferrari [at] ferrarilist.com>
> Subject: Re: [Ferrari] Need group wisdom on pricing for 2007 F430
> 
> Beat away.  I love this discussion - I love watching pigheaded assholes
> stubbornly refuse to sell cars "because they are going to lose money" as
> if somehow wishing can reverse the passage of time.  This could actually
> become somewhat of a hobby.  LOL.
> 
> (Almost makes me want to buy a Porsche)
> 
> OK, rant over - back on topic ;)
> 
> Truth be told, I think the 360's have suffered most of their depreciation.
> 
> The oldest of them are 11 years old, the newest are 5.
> 
> The cars have stabilized from $80k to $120k.
> 
> (excluding those same "pigheaded assholes" who think their car is worth 
> $130k+)
> 
> Will they all someday be between $60 and 90k?
> 
> Sure.  but MOST of the depreciation is done.
> 
> The F430 will eventually end up in the 90 to 110k range, IMHO.
> 
> On 2/6/2010 7:56 PM, LarryT wrote:
>> Sorry if this is beating a dead horse ;-) but I find this really
>> interesting.
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