Ferrari Mailing List: Re: Vehicle Price Index

[clyde romero (clyderomerof4]

Bottom line is that the bang for the buck is not there like it use to be

You can take the money that you were going to buy the lump with and invest it and buy something that will work !

Not something that doesnât steer/brake well etc

 

 

 

 

 

"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: CMLF1 [mailto:cmlf1 [at] optonline.net]
Sent: Tuesday, November 09, 2010 12:27 PM
To: Clyde
Cc: The FerrariList
Subject: Re: [Ferrari] Vehicle Price Index

 

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

___________________________________

 

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

 

Confidentiality Notice: This e-mail (including attachments) is covered by the Electronic Communications Privacy Act, 18 U. S. C., Sections 2510-2521, and is intended only for the person or entity to which it is addressed, and may contain confidential or privileged material. Any unauthorized review, use, disclosure, dissemination, copying, forwarding or distribution is prohibited.

If you are not the intended recipient contact the sender by reply e-mail and destroy all copies of the original message. If  you are the intended recipient but do not wish to receive communications through this medium please so advise the sender immediately.

Electronic Transmission Security Notice: E-mail transmission cannot be guaranteed to be secure or error-free. The sender does not accept liability for any errors or omissions in the contents of the message that arise as a result of its electronic (e-mail) transmission.

 

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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