Ferrari Mailing List: Re: Need group wisdom on pricing for 2007 F430

(continued)

OK

Good points I guess, and I suppose watch collectors should be no 

different (but like I said, I hardly ever wear a watch, haven't since my 

first cellphone that fit in my pocket).  And while most folks can 

recognize a Picasso or a  Ferrari or a Rolex, I can honestly say a Patek 

Phillipe does not rank in recognizability.  It just doesn't, poor 

marketing no question but there it is?  Now that said its a handsome 

looking watch, no question, but Its still only a watch...  It lacks that 

vroom vroom ness.

I think PT Barnum sums up my feelings on a million dollar watch (and 

those who would insure it for that...)...   But if you get enough folks 

all believing in the value of something then I guess I get left in the 

minority, and won't go to those churches on Sunday even if they do have 

the nicest biggest screen TV's...

Brian E. Buxton wrote:

Problem is your looking at it as if it were only a watch.  Or at a 

Picasso as only a painting.  Or a $10,000 Hot Wheels as a kids toy.  

At that level it's an investment.  Something rare and valuable that 

will appreciate.  Something better than a stock 1. because it's 

insured and if destroyed, you will at least break even on it (or make 

$); 2. it's something you can enjoy and use while you own it; and 3. 

it's something that will be valued by others in the future and will 

continue to appreciate.  So this is less sane that someone paying 

$150,000 for an F430 that you also put gas into, maintain, insure, 

store, AND sell 3 years later for $100,000?

Brian

Mike Fleischer wrote:

But Why the hell?

Its a bitty piece of jewelry?  Christ are the uber-wealthy that bored?  

Really?  Seriously big time douchebag territory for someone who would 

spend that kind of money on something so meaningless. 

This makes even less sense as people paying 1 million dollars for a 

comic book, or 10 grand on a hotwheels car to me.  Seriously insanity I 

say!  I am going to see if I can trade my Patek Phillipe replica for a 

308 kit car!  Heck I may even try for an F40 kit car!

Erik Nielsen wrote:

http://www.christies.com/LotFinder/lot_details.aspx?from=searchresults&intObjectID=5130651&sid=fa50265f-518f-4af0-bf1e-35e788fc3e21

That's not a typo, it's about 2 F40's in today's prices...

On Sun, Feb 7, 2010 at 12:16 PM, Brian E. Buxton
<BrianBuxton [at] buxtonmotorsports.com> wrote:

A lot of watches will hold their value much better than a Ferrari, and
won't break as often.  So when it appreciates you can buy another
Ferrari, that has been depreciating!

=)

B

Mike Fleischer wrote:

Ah well,

I can get you several of those (at least close enough to fool most)...
I have one myself that I picked up in Shenzhen.  Admittedly tougher to
bring these into Europe (I am told the fines are quite large).  But it
wouldn't cost you a 308 either :)

But I have to say anyone who wants to trade their sports car in for a
watch (even if it were a Miata), is just not a car enthusiast.  Sorry
Erik.  I never will understand the "more money than sense watches"  any
more than I get the whole Vertu business model.  I see the appeal of a
Ferrari, all of the ones I have driven have unique sounds and driving
persona that makes you want to push it a bit harder everytime you get
behind the wheel, and no question they look amazing just sitting still,
but to exchange that experience for a piece of jewelry?  Blasphemy I say!

Mike

--

Brian E. Buxton, President

Buxton Motorsports, Inc. <http://www.buxtonmotorsports.com>

301 North Royal Ave.

Buxton Plaza

Evansville, IN 47715-2866

(812) 476-2281 x 209 office

(812) 760-5513 mobile

Member ThaList.com <http://www.ThaList.com>

President, Brian Buxton Enterprises, Inc.
<http://www.buxtonmotorsports.com/storage-transportation.php>

Nationwide Enclosed Auto Transportation

Founder & Past President

SO. IN Region PCA

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--

Brian E. Buxton, President

Buxton Motorsports, Inc. <http://www.buxtonmotorsports.com>

301 North Royal Ave.

Buxton Plaza

Evansville, IN 47715-2866

(812) 476-2281 x 209 office

(812) 760-5513 mobile

Member ThaList.com <http://www.ThaList.com>

President, Brian Buxton Enterprises, Inc. 

<http://www.buxtonmotorsports.com/storage-transportation.php>

Nationwide Enclosed Auto Transportation

Founder & Past President

SO. IN Region PCA

Re: Need group wisdom on pricing for 2007 F430	<– Date –> <– Thread –>
From: Mike Fleischer (themightytoegmail.com)
Date: Sun, 7 Feb 2010 12:07:24 -0800 (PST)