Ferrari Mailing List: Re: Vehicle Price Index

[CMLF1 (cmlf1]

True, but where they in 1992 at that current dollar value? way over where they are now. The coupes were selling easily at close to 400 are now under 300K. A decent driver Daytona near me has been available for 315K at a very reputable shop/showroom and no one is biting. 95+ point cars will bring top dollar but restoration costs likely negate much profit. 2+2 cars have peaked and are going to slowly come down and stabilize a bit. Do you see the Daytona coupes at 500K any time soon? We all saw the muscle car boom as a short lived phenomenon, and plenty took a big hit there. Nostalgia does not drive the Euro car market like the muscle car market, so it is a much better long term investment, and if you can stay in it for the long haul, will likely not get burned.

On Tue, Nov 9, 2010 at 12:12 PM, LS wrote:

 That's what we said when they were at $100k each.

Are Daytonas on the decline? Coupes were $90k in 2003-4. Where are they now?

LS

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From: CMLF1 <cmlf1 [at] optonline.net>

To: LS <lashdeep [at] yahoo.com>

Cc: The FerrariList <ferrari [at] ferrarilist.com>

Sent: Tue, November 9, 2010 12:02:12 PM

Subject: Re: [Ferrari] Vehicle  Price Index

 Agree. How much higher are 300SL gullwings going, as they are e close to a million now. Daytona's are already in the decline as are most others, not a crash, but they are coming down. 275 GTB/4's are close to 1M as well, 330 -365 GTC's are over 300K. these are cars people want to drive, not just put on a lawn, so I do not see much more appreciation at this point.

On Tue, Nov 9, 2010 at 11:48 AM, clyde romero wrote:

  I am going to buy a 575

They are in the basement and will be there for the rest of their lives.

I am curious on how the 458 will hold up in the long run.

With no belts to change out this could be the one to watch

 

 

 

 

 

 

" IF YOU CAN MEET WITH TRIUMPH AND DISASTER AND TREAT THOSE TWO IMPOSTERS THE SAME"

 

CLYDE

 

Capt. Clyde Romero Jr.

MANPAD SME

Clyderomero [at] bellsouth.net

Mobile 678 641 9932

 

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From: Fellippe Galletta [mailto:fellippe.galletta [at] gmail.com]

Sent: Tuesday, November 09, 2010 11:41 AM

To: Clyde

Cc: The FerrariList

Subject: Re: [Ferrari] Vehicle Price Index

 

 

On Tue, Nov 9, 2010 at 11:30 AM, LS < lashdeep [at] yahoo.com> wrote:

We could start a long, boring discussion on market trends of commodities, but instead we should just start shopping for a 300SL  Gullwing.

 

So what's next for you then?

FG

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