Ferrari Mailing List: Re: Ferraris as Investments?

[Peter Rychel (dino308gt4]

cLyDe says: “...Those cars will be cabs in Bangladesh...”

 

So, is that the new ghetto for 2020?

 

Peter

 

Sent from Mail for Windows 10

 

 

From: Clarence Romero Jr.
Sent: January 1, 2020 4:46 PM
To: PeterGT4
Cc: ferrari
Subject: Re: [Ferrari] Ferraris as Investments?

 

Guys like Stroll (drool) could care less

They buy in because they can

The market is seeking its rightful level

The  new money doesn’t want old Ferrari cars

Hell they don’t want cars period !

The 575 market is in its way to $50k 

Just look at cars.com 

Who I really feel for is the 550 crowd and 360 430 crowd 

Those cars will be cabs in Bangladesh 

Mine too after I put 100k miles on it !

 

 

 

     RF4-4EVR

Scars are Tattoos with better stories !

 

If you have no enemies, you have no character !

 

Clyde Romero    

 

 

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On Jan 1, 2020, at 11:28 AM, Erik Nielsen <judge4re [at] gmail.com> wrote:



He bought an F1 team so his son could have a ride, doubt he’s looking at the return figures, it’s expensive to live vicariously through your kids...

On Jan 1, 2020, at 10:15 AM, Michel Savard <mysavard [at] videotron.ca> wrote:

Don’t we get those articles at least once a year ?

If that’s true, all it means is Mr. Lawrence Stroll who paid $48,000,000 u.s. for his GTO 3-4 years ago will only get maybe $30,000,000 u.s. this year. Poor guy! I feel for him.

 

Michael Savard (1981 308 GTSi)

On Jan 1, 2020, at 10:42 AM, Erik Nielsen <judge4re [at] gmail.com> wrote:

 

Sounds like the party is over.  

 

"We are at the tail-end of a big bull market," Hatlapa warned.

 

https://www.zerohedge.com/markets/tail-end-big-bull-market-wine-diamonds-classic-cars-are-now-money-losing-investments-ultra

 

 

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