Scuderia values?
#61
#62
But why would a 2004 CS be worth 140K and a 2008 Scuderia be worth $175-185K. The Scud is superior from engine/F1 standpoint. It might not as pretty but is is vastly superior from a performance standpoint. So it is purely the fact that the CS production volume is 400 while Scuderia volume is 3500?
#63
But why would a 2004 CS be worth 140K and a 2008 Scuderia be worth $175-185K. The Scud is superior from engine/F1 standpoint. It might not as pretty but is is vastly superior from a performance standpoint. So it is purely the fact that the CS production volume is 400 while Scuderia volume is 3500?
you are correct a scud will run circles around a cs
#65
No clue I hope never
I think cars are in a holding pattern. Ferrari is only making the 458's that are ordered. Anyone that wants one really and that has dried up. People aren't out there buying right now. It's just not happening. Owners realize they aren't getting much more car for over $100k more than the Scud and they aren't buying now.
CS's have stalled for a year. I think Scuds will as well. They've been about the same for a while. Still a large chunk of CS's are for sale almost 80% of the amount of Scuds for sale when 3 times as many were made. They are selling because they are 60-100k cheaper and that's a great car for 130-140k. Realistically Ferrari would flood the market with 458's if there were buyers. It used to be only Ferrari customers got new cars and I'd bet that 65-75% of 458's were sold to new customers. A sign of the times and a sign that Ferrari has lost general interest from old clients with the new product.
I could be wrong they could drop again. When they do 3x8's will fall off the map. Already in the $30-40k range. 348's will drop deeper into the $30's and 355's will dump into the $40's. People won't buy these cars as they move up to better faster and less headache cars in the 100-175k range. Who wants a $40k Ferrari that could cost them 5k a year in maintenance? Unfortunately priced this low these cars will then fall into junk category quickly because the 30k buyer won't spend the required money on maintenance. The disappearance of these less expensive Ferrari's will prop up the demand of the 360's and 430's and help them hold value while Ferrari still tries to peddle 325k cars to the newbies.
Reality has set in there and customers aren't willing to pay an extra 150k out of pocket for 2 tenths to 60. The cars are fast enough and the general public is cool with the stuff of yesterday. Yes they will still sell to the various customers but I think we are 10 years away minimum from the Dealers hand selecting clients like the 2000-2007 era.
I think cars are in a holding pattern. Ferrari is only making the 458's that are ordered. Anyone that wants one really and that has dried up. People aren't out there buying right now. It's just not happening. Owners realize they aren't getting much more car for over $100k more than the Scud and they aren't buying now.
CS's have stalled for a year. I think Scuds will as well. They've been about the same for a while. Still a large chunk of CS's are for sale almost 80% of the amount of Scuds for sale when 3 times as many were made. They are selling because they are 60-100k cheaper and that's a great car for 130-140k. Realistically Ferrari would flood the market with 458's if there were buyers. It used to be only Ferrari customers got new cars and I'd bet that 65-75% of 458's were sold to new customers. A sign of the times and a sign that Ferrari has lost general interest from old clients with the new product.
I could be wrong they could drop again. When they do 3x8's will fall off the map. Already in the $30-40k range. 348's will drop deeper into the $30's and 355's will dump into the $40's. People won't buy these cars as they move up to better faster and less headache cars in the 100-175k range. Who wants a $40k Ferrari that could cost them 5k a year in maintenance? Unfortunately priced this low these cars will then fall into junk category quickly because the 30k buyer won't spend the required money on maintenance. The disappearance of these less expensive Ferrari's will prop up the demand of the 360's and 430's and help them hold value while Ferrari still tries to peddle 325k cars to the newbies.
Reality has set in there and customers aren't willing to pay an extra 150k out of pocket for 2 tenths to 60. The cars are fast enough and the general public is cool with the stuff of yesterday. Yes they will still sell to the various customers but I think we are 10 years away minimum from the Dealers hand selecting clients like the 2000-2007 era.
#67
No clue I hope never
I think cars are in a holding pattern. Ferrari is only making the 458's that are ordered. Anyone that wants one really and that has dried up. People aren't out there buying right now. It's just not happening. Owners realize they aren't getting much more car for over $100k more than the Scud and they aren't buying now.
CS's have stalled for a year. I think Scuds will as well. They've been about the same for a while. Still a large chunk of CS's are for sale almost 80% of the amount of Scuds for sale when 3 times as many were made. They are selling because they are 60-100k cheaper and that's a great car for 130-140k. Realistically Ferrari would flood the market with 458's if there were buyers. It used to be only Ferrari customers got new cars and I'd bet that 65-75% of 458's were sold to new customers. A sign of the times and a sign that Ferrari has lost general interest from old clients with the new product.
I could be wrong they could drop again. When they do 3x8's will fall off the map. Already in the $30-40k range. 348's will drop deeper into the $30's and 355's will dump into the $40's. People won't buy these cars as they move up to better faster and less headache cars in the 100-175k range. Who wants a $40k Ferrari that could cost them 5k a year in maintenance? Unfortunately priced this low these cars will then fall into junk category quickly because the 30k buyer won't spend the required money on maintenance. The disappearance of these less expensive Ferrari's will prop up the demand of the 360's and 430's and help them hold value while Ferrari still tries to peddle 325k cars to the newbies.
Reality has set in there and customers aren't willing to pay an extra 150k out of pocket for 2 tenths to 60. The cars are fast enough and the general public is cool with the stuff of yesterday. Yes they will still sell to the various customers but I think we are 10 years away minimum from the Dealers hand selecting clients like the 2000-2007 era.
I think cars are in a holding pattern. Ferrari is only making the 458's that are ordered. Anyone that wants one really and that has dried up. People aren't out there buying right now. It's just not happening. Owners realize they aren't getting much more car for over $100k more than the Scud and they aren't buying now.
CS's have stalled for a year. I think Scuds will as well. They've been about the same for a while. Still a large chunk of CS's are for sale almost 80% of the amount of Scuds for sale when 3 times as many were made. They are selling because they are 60-100k cheaper and that's a great car for 130-140k. Realistically Ferrari would flood the market with 458's if there were buyers. It used to be only Ferrari customers got new cars and I'd bet that 65-75% of 458's were sold to new customers. A sign of the times and a sign that Ferrari has lost general interest from old clients with the new product.
I could be wrong they could drop again. When they do 3x8's will fall off the map. Already in the $30-40k range. 348's will drop deeper into the $30's and 355's will dump into the $40's. People won't buy these cars as they move up to better faster and less headache cars in the 100-175k range. Who wants a $40k Ferrari that could cost them 5k a year in maintenance? Unfortunately priced this low these cars will then fall into junk category quickly because the 30k buyer won't spend the required money on maintenance. The disappearance of these less expensive Ferrari's will prop up the demand of the 360's and 430's and help them hold value while Ferrari still tries to peddle 325k cars to the newbies.
Reality has set in there and customers aren't willing to pay an extra 150k out of pocket for 2 tenths to 60. The cars are fast enough and the general public is cool with the stuff of yesterday. Yes they will still sell to the various customers but I think we are 10 years away minimum from the Dealers hand selecting clients like the 2000-2007 era.
I'll be interested to see if they are in fact in a holding pattern. I am a pessimist about auto values, I don't think anything is immune to continuing to drop save for a select few cars. Time will tell if the Scud is one of them.
Maintenance on the older cars sounds pathetic.
Definitely agree about the hand selection of clients. I really think it's going to take the next tech or whatever boom will affect the entire economy before that happens. 10yrs is a safe bet.
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