Ferrari Mailing List: Re: What are they smoking?

[Jim Conforti (lndshrk]

I think my initial meme is missed.

With 360's SELLING 60-90 I see delusional ads with $100+ asking prices for $85k cars

Worse are the 430's with asking in the mid to higher $100's on $120k (at max) cars.

Where is Clyde when we need him...

On February 13, 2015 4:05:40 AM MST, Erik Nielsen <judge4re [at] gmail.com> wrote:

Supply versus demand, no one wants a used modern car, but hey, something from my childhood, different story.  Glass 308s are $250k cars in Europe. 

That and the USD is Monopoly money...

Sent from my iPad

On Feb 13, 2015, at 3:08 AM, Jim Conforti <lndshrk [at] xmission.com> wrote:

Agreed, but modern Ferrari prices (as opposed to classics) are dropping.

360's are in the $60-90 range.

It won't be long until 430's are $100-120

On February 13, 2015 1:51:56 AM MST, "Robert W. Garven Jr." <rgarven [at] gmail.com> wrote:

Welcome back,

while you were gone the 99K platinum 365 C4 i was going to buy  is now 4-500K

and a GT4 just sold in 1 day for 50K

Robert W. Garven Jr.

rgarven [at] gmail.com

 "The Ferrari is a dream - people dream of owning this special vehicle and for most people it will remain a dream apart from for those lucky few." Enzo Ferrari

On Feb 13, 2015, at 12:02 AM, Jim Conforti <lndshrk [at] xmission.com> wrote:

... and by THEY I mean owners looking to sell..

Clyde should love this post.. heh

In 2010 I bought a one-owner fully serviced 1426mi 3 pedal red/sabbia F430 spider.

Paid $168 and change.

It went as part of the divorce 2 1/2 years ago and now I'm back in the market.

So here i am for a sanity check.

308's and 328's are coming up.
355's look to be close to the bottom of depreciation
360's are falling into or slightly above 355 money
430's are heading downward
458's are headed downward thanks to the 488

I realize that this is a generalization, excluding the stradales, scuds, and speciales, but it seems as if soon the 308/28 is going to bring more money than the 355/360.

This of course, is brought on by my looking at the current ads on FChat and wondering..

WHAT THE H***ARE THEY SMOKING?!?

Jim
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