2013 sales price trends - Ferrari Life
 
LinkBack Thread Tools Display Modes
post #1 of 14 Old 12-18-2012, 04:41 PM Thread Starter
 
chenglo1's Avatar
 
Join Date: Jun 2012
Location: Midwest
Ferrari Life Posts: 531
2013 sales price trends

From your experience, what can we expect to happen to used Ferrari sales prices once January 1st comes around and head into spring? Summer? Fall? and back full circle to Winter of 2013. I hope i'll be in my car by winter 2013 but now will depend on what our people in Washington do RE taxes.

top of the list is: an 07 F430...Red/tan...with challenge grill and CCB's

Cheng
chenglo1 is offline  
Sponsored Links
Advertisement
 
post #2 of 14 Old 12-18-2012, 04:57 PM
Owner
Elite Member
 
Join Date: May 2010
Ferrari Life Posts: 3,303
Should see a small increase with the spring, but Im not sure that will apply across the board.

Of all the narcissists I know, I love me the most.
Killer58 is offline  
post #3 of 14 Old 12-18-2012, 05:47 PM
Owner
 
scotts's Avatar
 
Join Date: Nov 2010
Location: Winter Park, Florida
Ferrari Life Posts: 470
Cheng:

Great question. What your asking is difficult. As the great Yogi Berra said- It's tough to make predictions, especially about the future.

One might guess now that the uncertainty has already taken its' toll and the market is best now- since those on the fence will wait, and to those it doesn't matter, it will not impact. Of those on the fence, in one (?) month, the uncertainty will be over. Some will buy, some will postpone even more. The market is impacted by the uncertainty than the specific.

In any event, it is doubtful that the market for f430s will collapse or firm up dramatically in three months aside from the normal cyclical nature of the prices.

Of course if the world ends in two days, you'll not had the experience of owning a Ferrari.....


Scott

I have regretted often, but repented never. Is this a good thing? -Enzo Ferrari
2012 California Argento Nurburgring /Nero 2005 F430 Nero 6spd. 2009 Maserati GT-S F1
scotts is online now  
 
post #4 of 14 Old 12-18-2012, 06:43 PM
Owner
Elite Member
 
tazandjan's Avatar
 
Join Date: Aug 2011
Location: Albuquerque, NM
Ferrari Life Posts: 11,846
Cheng- Winter is usually a great time to buy a Ferrari. Not as many in the hunt.

Taz
Terry Phillips

Present: 575M 135171
Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125

Every day I look around, and if nobody is shooting at me, it is a pretty good day.
tazandjan is online now  
post #5 of 14 Old 12-18-2012, 07:24 PM
Owner
 
BluNart's Avatar
 
Join Date: May 2012
Location: New England, USA
Ferrari Life Posts: 479
Ignore the cliff and fiscally buy a 03/04 360 instead
BluNart is offline  
post #6 of 14 Old 12-19-2012, 04:28 AM
Owner
 
IDriveM5's Avatar
 
Join Date: Jun 2012
Location: Ohio
Ferrari Life Posts: 270
I do not believe the flip from 12/31/12 - 1/1/13 will have any appreciable difference on the selling price of F430's. I DO believe that, in the next 12 months, they can conceivably depreciate between $7-9 thousand.
Short time periods are not relevant. Longer time periods make a difference. But, at this level, it's really just a drop in the ocean, isn't it??
IDriveM5 is offline  
post #7 of 14 Old 12-19-2012, 04:43 AM
Owner
Elite Member
 
tazandjan's Avatar
 
Join Date: Aug 2011
Location: Albuquerque, NM
Ferrari Life Posts: 11,846
Crystal ball broke.

Taz
Terry Phillips

Present: 575M 135171
Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125

Every day I look around, and if nobody is shooting at me, it is a pretty good day.
tazandjan is online now  
post #8 of 14 Old 12-19-2012, 07:43 AM
Owner
 
Join Date: Apr 2012
Location: Santa Barbara, CA.
Ferrari Life Posts: 199
I don't understand this depreciation concern that keeps popping up in discussions.

You want a Ferrari, you buy a Ferrari at market price and when its time to sell you sell at market price and the difference is not depreciation, its the cost of enjoying what you wanted to own. And the money is pure cash in your pocket when you sell which is another positive. I know people always say if you have to finance you can't afford a Ferrari but I no longer believe that. But I really believe if you have to worry about depreciation you can't afford a Ferrari. And before someone says "you must be rich" I likely make less money then 90% of the people on these forums looking for a car, when I sell my 360 (IF I ever do) it will be because I need the money and what I paid for the car is irrelevant, its a possession not a investment.

Not trying to be nasty and NOT pointing at the original poster or anyone in particular...I just don't understand this concern that I hear (ok read) all to often...I want to buy a Ferrari but I am worried about depreciation over the next X months...well sorry, you either have the wrong attitude towards a Ferrari or you can't afford one. Do you buy a TV worried about depreciation yes I realize very different pricing but same concept.

To answer the original posters question, I firmly believe there is NOTHING that the govt. can or will do that will affect the prices of F430's, they will continue to slide down in value at the same rate they always have merely due to age, nothing else. There may be a few more F430's for sale if the taxes go way up but the prices will remain the same.
mikeyr is offline  
post #9 of 14 Old 12-19-2012, 07:49 AM
Owner
Elite Member
 
Join Date: May 2010
Ferrari Life Posts: 3,303
Well said Mike.

Of all the narcissists I know, I love me the most.
Killer58 is offline  
post #10 of 14 Old 12-19-2012, 07:52 AM
Owner
 
Granucci's Avatar
 
Join Date: Jan 2007
Location: far and away
Ferrari Life Posts: 6,192
+1.

Guide to the Galaxy: Don't Panic
Rik -- LAH !


Current:
Past:
1990 Mondial T Cabriolet SN 86247 : Red/Tan
1995 456 GT 2+2 SN 99987 : Roso Metalizzato [Fer 311/C] & Tan
Granucci is offline  
post #11 of 14 Old 12-19-2012, 10:03 AM
Owner
 
DanS's Avatar
 
Join Date: May 2012
Location: Manhattan Beach, CA
Ferrari Life Posts: 196
Mike, As you know, some folks are more analytical than others. So, we want to estimate what the pleasure will cost per year. There are, after all, alternative pleasures. Some folks are more (shall I say) passionate. They say: I want this, I can write the check, it is done! No right or wrong, just different.
While being in the analytical camp, I do get a and sometimes "giggle" while driving the Scud.

Dan
Current: Scuderia
Past: 330GTC, 512TR
Quantum Mechanic, Quarks repaired, Black Holes refilled.
DanS is offline  
post #12 of 14 Old 12-19-2012, 12:19 PM
Owner
 
Join Date: Apr 2012
Location: Santa Barbara, CA.
Ferrari Life Posts: 199
Quote:
Originally Posted by DanS View Post
While being in the analytical camp, I do get a and sometimes "giggle" while driving the Scud.
A Scud and only a giggle ? maybe you are not driving it right
mikeyr is offline  
post #13 of 14 Old 12-19-2012, 12:25 PM
Owner
 
Join Date: Oct 2011
Ferrari Life Posts: 212
Quote:
Originally Posted by DanS View Post
Mike, As you know, some folks are more analytical than others. So, we want to estimate what the pleasure will cost per year. There are, after all, alternative pleasures. Some folks are more (shall I say) passionate. They say: I want this, I can write the check, it is done! No right or wrong, just different.
While being in the analytical camp, I do get a and sometimes "giggle" while driving the Scud.
so....you are making calculations every time you see a pretty woman to determine whether to buy her a drink, more calculations for dinner, etc... what if your calculations are wrong, the marriage is no longer working, etc... the econo box is boring and dull... cost benefit calculations do NOT work when it comes to passion... otherwise man would be celebate, without pleasure and passion :=)
fromage is offline  
post #14 of 14 Old 12-19-2012, 12:46 PM
Owner
 
Granucci's Avatar
 
Join Date: Jan 2007
Location: far and away
Ferrari Life Posts: 6,192
Mike and Dan you are California and I see your point cheese dude really ... you're an FC Dude or slumming, stop, think. Sorry all I'm severale Drambouis under the the cuff I'm worth myy self.

Guide to the Galaxy: Don't Panic
Rik -- LAH !


Current:
Past:
1990 Mondial T Cabriolet SN 86247 : Red/Tan
1995 456 GT 2+2 SN 99987 : Roso Metalizzato [Fer 311/C] & Tan

Last edited by Granucci; 12-19-2012 at 12:54 PM.
Granucci is offline  
Reply

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome
Copyright 2012 ONE Media, Inc.
FerrariLife is independently run with no affiliation with Ferrari SpA
Ferrari for Sale | Maserati for Sale