Re: clyde tips on buying a ferrari (clyde romero)
From: Fellippe Galletta (fellippe.gallettagmail.com)
Date: Mon, 17 Mar 2014 08:23:29 -0700 (PDT)
If 288s sold for $150k, you'd be all over it....




On Mon, Mar 17, 2014 at 9:21 PM, Clyde Romero <clyderomerof4 [at] bellsouth.net> wrote:
The 288 was a hyped 308 that's it
But the masses bought into it big time 


In victory you deserve Champagne
In defeat you need it!


Scars are Tattoos with better stories !

Clyde Romero

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On Mar 17, 2014, at 10:19 AM, Larry T <l02turner [at] comcast.net> wrote:

R&T had a recent issue about the "51 Coolest Cars". They have both the
288GTO and the F40 on the list.  Of course, putting a car on a list and
buying one are 2 different things. Personally I'd prefer the 288GTO or
that 275 GTS RGarven mentioned... yes, I know those are at 2 ends of the
Ferrari spectrum...

Your comments about putting 500K into a depreciating asset are certainly
very valid..

Sincerely,
Larry

On 3/17/2014 9:29 AM, Erik Nielsen wrote:
The other thing that one has to consider for investment is where is
the market for these cars going?  I would guess that I am in the
"target demographic" for an F40 (wife still says I can get one if I
want one).  But every time I'm ready to pull the checkbook out, I just
can't justify spending $500k+ for something that is realitively
illiquid, has rather large carrying costs (maintenance, insurance,
garage space, etc...) and really can't be used to it's potential on
this side of the pond.  Cars are only worth what someone is willing to
pay for them.  And what do you get?  Bragging rights?  Among who?
Middle aged guys that are trying to justify their garage portfolio
leveraged to the hilt?  Thanks, but I'll pass.  I can appreciate
quality without feeling the need to own it. Anyone hyping anything is
likely trying to sell you something or justify something they've done
to themselves.
And don't kid yourself, this isn't a property ladder game, if you're
"new" to the market, there are a lot of good choices out there for
less money than a 25 year old Ferrari...


On Mon, Mar 17, 2014 at 6:08 AM, Clyde Romero
<clyderomerof4 [at] bellsouth.net <mailto:clyderomerof4 [at] bellsouth.net>> wrote:

   Good point but you really got a want it ,if you know what I mean
   Even if I had Steve Jenkins money I still wouldn't buy a car for
   investment purposes
   Nothing that is reliable from Ferrari is going to be collectible
   in my opinion
   The F50 and all those limited editions runs will soak those who
   bought them dry
   Just look at the Superamerica crowd (based on the 575)
   Couple hundreds cars made , new the car ran $250k plus
   Go on any of the used car sites to include eBay
   They are running around $150k which means the dealer gave them
   $100k if that and they had to buy a car!



   In victory you deserve Champagne
   In defeat you need it!


   Scars are Tattoos with better stories !

   Clyde Romero
   Clyderomerof4 [at] bellsouth.net <mailto:Clyderomerof4 [at] bellsouth.net>.
   678  6419932 <tel:678%20%C2%A06419932>

   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 persons or entity
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   On Mar 17, 2014, at 3:06 AM, Adam Green <FlatCrank [at] gmail.com
   <mailto:FlatCrank [at] gmail.com>> wrote:

   You could take the same criteria to buying a 911 or an E-type Jag
   or any number of desirables, but when it comes down to the wire,
   you either pay up now and buy a ridiculously slow, cantankerous,
   unloved and expensive to maintain F40 for a "ridiculous" $200K in
   2000, or you rock your rocking chair on the front porch and see
   buyers paying $1M for the same car a decade later.  I assure you,
   I know.  I have the rocking chair.



   Adam


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