Orders: Ferrari California - Page 3 - Ferrari Life
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post #41 of 143 Old 12-21-2008, 11:15 PM Thread Starter
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What level of depreciation would you expect in the first year given the current climate, and will people still pay a premium? Or are we going to see many being off loaded by folks doing well when they ordered them, only to find the bonus won't be there to pay for it!!!!!
We are going to see a bunch off loaded quickly by guys who can't afford them. You are also going to see plenty on dealers lots left by guys who have walked away from deposits. My guess is depreciation will be in the 30% range year 1.

In terms of depreciation, you would be much better off spending GBP 30k more and getting a 430 Scuderia or Scud Spider.
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post #42 of 143 Old 12-21-2008, 11:44 PM
 
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In terms of depreciation, you would be much better off spending GBP 30k more and getting a 430 Scuderia or Scud Spider.
If the opportunity came about for me, I would spend the extra 30K and buy a Scuderia rather. I know the California and 430 Scud are two different cars for two different sides of the Ferrari market and that we are talking an extra 30 000.00 but for me personally I think I would have more fun/use in the Scud. Dont get me wrong the reviews I've read and video clips I've seen, the California does seem to throw a surprise and is turning out to be more of a Ferrari than what most of us I'm sure thought in the beginning. Apparently the pictures dont do the car justice, you have to see one in person.
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post #43 of 143 Old 03-31-2009, 05:38 PM
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Are we talking cars here?
That's what she said...
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post #44 of 143 Old 03-31-2009, 05:48 PM
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Orders waning...

Talked to a dealer today who was going through his 'I'm interested' list. He claimed to have had ZERO responses in the affirmative. None, zero, nada.

I find that hard to believe, but can't imagine his motivation to say otherwise.

I still want one, but I am scared as heck that the folks in line in front of me (i.e., those whom I assume are 'better' customers and more savvy than myself) are taking a pass.

Anyone want to slap some sense into me?

p.s. MSRP. $10k deposit. No discounts.
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post #45 of 143 Old 03-31-2009, 09:24 PM
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I think I would wait until September for the Frankfurt Auto Show to see how the 430 replacement is received.

If it is what it is expected to be, interest in the California may be a negative zip!

$220K for that car is a ton of money especially if the 430 replacement will be in that ballpark. A`$10K discount now won't be worth jack at that time.

When the Maserati Gran Turismo was announced, I was invited to preview the car at F of SF. I was also given the opportunity to drive the car. Nice car but I was not overly impressed. It was heavy and doggy in the tranny. I am very glad I waited as I do not now see the excitement in that car, and I highly doubt it is selling well.

I'd take my time with the California, because that model may end up being a short run! If interest is poor now, what happens when they start showing up at dealers locations?

You buy one and Ferrari dumps the model after a year or two then what?
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post #46 of 143 Old 03-31-2009, 10:51 PM Thread Starter
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I think I would wait until September for the Frankfurt Auto Show to see how the 430 replacement is received.
Ferrari may delay the launch of the 430 replacement until the global economy improves. Have heard that this is being actively discussed right now. Order book for the California is still full for the next 13 months so they can afford to take their time.
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post #47 of 143 Old 04-01-2009, 08:04 AM
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I can understand the 430 replacement delay. makes very good sense.

But what concerns me is what happens to the California after the first year's interest dies down?
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post #48 of 143 Old 04-01-2009, 11:48 AM
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$200,000.00 Yawner

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Definitely write about your experience on here when you get the opprotunity to drive it. I am slowly growing fond of it. I was looking forward to seeing it at the Detroit Autoshow in January...but unfortunately Ferrari pulled out.

Chris
For a Ferrari with an initial cost of $200,000.00, one should "NOT" have to "SLOWLY GROW FOND OF IT". For that kind of money, in my humble opinion, it should be...."LOVE AT FIRST SIGHT".
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post #49 of 143 Old 04-01-2009, 02:07 PM Thread Starter
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I can understand the 430 replacement delay. makes very good sense.

But what concerns me is what happens to the California after the first year's interest dies down?
It will depreciate like a rock. At least 50% in 2 years, possibly more.
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post #50 of 143 Old 04-01-2009, 03:54 PM
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It will depreciate like a rock. At least 50% in 2 years, possibly more.

If 50% discount, would you consider it a consideration for purchase. The mechanics are nice. And, for me, extra seats nice with a nice hard top that retracts, but the girly effect has me off.

can't see it as something to be caught dead in, yet, if the price goes way down...hmmmm

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post #51 of 143 Old 04-01-2009, 04:22 PM
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Rik,

You are stuttering again! Can you delete the 2nd post?

I bet the California sees the same fate as the Maserati's are now seeing. What's a 1 year old Granturismo worth! It has dropped considerably and so has demand.
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post #52 of 143 Old 04-01-2009, 07:49 PM
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It will depreciate like a rock. At least 50% in 2 years, possibly more.
A lot of modern Ferraris are going the same path. I am seeing F430 Spiders at 50% what they were selling for in 2006.
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post #53 of 143 Old 04-01-2009, 07:58 PM
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Yes it is very disconcerting to see one's investment diminish!

Can't imagine what the folks are thinking who paid $50K-$100K over to get their "dream" cars!

I know of one in the S.V. area who paid $375K in early, 2005, to be one of the first to have the 430 spider, and I know of another who paid $500K for a 599 in early 2007!

This is why I bought mine right and for keeps!

So I actually don't care where the value is.

I greatly enjoy the car and keep doing the mechanical work.

However, I'd hate to buy a California and then see it drop 50% in value in the 1st year or two.
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post #54 of 143 Old 04-01-2009, 11:43 PM Thread Starter
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If 50% discount, would you consider it a consideration for purchase. The mechanics are nice. And, for me, extra seats nice with a nice hard top that retracts, but the girly effect has me off.

can't see it as something to be caught dead in, yet, if the price goes way down...hmmmm
Even if the price does go down, please reference text in bold above.
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post #55 of 143 Old 04-02-2009, 10:22 AM
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perhaps a bit too dramatic on my part. The car does have some appeal for the mechanics and such...but I am having a difficult time warming up to some of the rear looks [beating that drum again]. So, I kind of pigeon-holed it into a boxter set.

so, guessing you have the same sort of thoughts as 'it is for a certain set'....

STILL say, someone could take this car basics and dress up the rear or such....why not ? everyone is doing diff, rears on the 348, or rear grills etc.
r

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post #56 of 143 Old 04-02-2009, 11:35 AM
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Great - now I may be buying a $250k girly-mobile...
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post #57 of 143 Old 04-02-2009, 11:41 AM
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I am telling you.

Stand by.

Don't be one of the first!

Don't be a girly man!
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post #58 of 143 Old 04-02-2009, 11:46 AM
 
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For a Ferrari with an initial cost of $200,000.00, one should "NOT" have to "SLOWLY GROW FOND OF IT". For that kind of money, in my humble opinion, it should be...."LOVE AT FIRST SIGHT".
Well how can you love it at first sight unless you've seen it in person? I'm not to fond of the 550, but when I saw it for the first time in person...that was a different story.

To accomplish great things, we must not only act, but also dream; not only plan, but also believe.-Anatole France
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post #59 of 143 Old 04-02-2009, 11:55 AM Thread Starter
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Great - now I may be buying a $250k girly-mobile...
The only thing that counts is what you think. Buy want makes you smile.
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post #60 of 143 Old 04-02-2009, 12:26 PM
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The only thing that counts is what you think. Buy want makes you smile.
I was just kidding. Couldn't agree more...

I like the look of the California in certain colors, e.g., Silverstone Grigio, Nero. Although it could certainly be a chick car in white or (dare I blaspheme) Giallo. And I could certainly see some Doc's wife tooling around in one. Not that I have anything against Doc's wives (insert pun here).

Col.

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