Future Collectibles - Page 2 - Ferrari Life
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post #21 of 44 Old 04-29-2016, 09:09 AM
 
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A valid point that if individuals don't know how to drive a shift it will drop in value. It is a generation thing. Tell me how many of you would take a 1930s sports car over say an early 1960s or 1970s or 1980s? Most sports cars from the 1920-40s and now I would also the 1950s aren't holding their value as the people who appreciated them are dying off. Here is an amusing image which tells you which way the next generation of car nuts may go :
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post #22 of 44 Old 04-29-2016, 09:47 AM
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A valid point that if individuals don't know how to drive a shift it will drop in value. It is a generation thing. Tell me how many of you would take a 1930s sports car over say an early 1960s or 1970s or 1980s? Most sports cars from the 1920-40s and now I would also the 1950s aren't holding their value as the people who appreciated them are dying off. Here is an amusing image which tells you which way the next generation of car nuts may go :


Lol!!!
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post #23 of 44 Old 04-30-2016, 05:12 AM
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Quote:
Originally Posted by efg2014 View Post
A valid point that if individuals don't know how to drive a shift it will drop in value. It is a generation thing. Tell me how many of you would take a 1930s sports car over say an early 1960s or 1970s or 1980s? Most sports cars from the 1920-40s and now I would also the 1950s aren't holding their value as the people who appreciated them are dying off. Here is an amusing image which tells you which way the next generation of car nuts may go :
anti-theft device only because it doesn't have that splendid slotted gate

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what do I know? I drive blue Ferraris
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post #24 of 44 Old 05-23-2016, 02:22 PM
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This current generation of drivers are more interested in getting their text or selfie across to friends, instead of actually driving.

This is reflected as "accident" (read: crashes) are actually increasing, despite incredibly safe cars. Your looking at around 40K car deaths EVERY year, to go with 2.3M injuries (some of which are permanent disabilities) every single year.

All of this means we'll be heading for autonomous cars that drive themselves - no more licenses.

I expect values to decrease significantly, unless there is some intrinsic value of which has nothing to do with driving the damn thing. For all we know, such vehicles may eventually be outlawed on public roads all-together. So, they can only be displayed or driven on a track.

I hope I'm wrong and a movement begins to improve driving skills and courtesy, but I doubt it.

Today's Ferraris are about the new edgy looks and self driving that "fan boyz" want. That means classic looking cars of this "Modern V12" will probably lose out.

So, only the very limited edition cars (599 GTO, 599 MT, 612 MT, 575 MT) might go up.

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post #25 of 44 Old 05-24-2016, 07:04 AM
 
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I share the concern and coming generational change

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This current generation of drivers are more interested in getting their text or selfie across to friends, instead of actually driving.

This is reflected as "accident" (read: crashes) are actually increasing, despite incredibly safe cars. Your looking at around 40K car deaths EVERY year, to go with 2.3M injuries (some of which are permanent disabilities) every single year.

All of this means we'll be heading for autonomous cars that drive themselves - no more licenses.

I expect values to decrease significantly, unless there is some intrinsic value of which has nothing to do with driving the damn thing. For all we know, such vehicles may eventually be outlawed on public roads all-together. So, they can only be displayed or driven on a track.

I hope I'm wrong and a movement begins to improve driving skills and courtesy, but I doubt it.

Today's Ferraris are about the new edgy looks and self driving that "fan boyz" want. That means classic looking cars of this "Modern V12" will probably lose out.

So, only the very limited edition cars (599 GTO, 599 MT, 612 MT, 575 MT) might go up.
Well said and you mentioned self-driving cars. I live in the epicenter of Silicon Valley and have started to see a number of Google self driving cars. I am also concerned at some point gasoline cars and/or human driver assisted cars will be banned off the roads. I suspect there will be designated roads were cars like ours will be allowed.The younger generation will not give a hoot.
I'm amused by the excitement of individuals on 3-pedal and how much they are willing to pay. At this point in mankind's history 3-pedal cars have value for a very very small group of very very affluent individuals. I do appreciate and respect the excitment 3-pedal cars generate but I do think future generations will not share the same excitement.
On a lighter note, I though hair bands would go on for ever(Cinderella, Poison etc) and then along came grunge!

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post #26 of 44 Old 05-24-2016, 10:58 PM
 
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Like sheehan's article highlights, I've also been thinking a lot about the shift in demand for classic cars as we know them today. I'm on the older side of the millennial generation and see that classic car events, shows, forums (especially this one), etc really lack the presence of millennials - both from an ownership and interest point of view. Most of them are baby boomers.

I'm one of the very few millennials (I know only 2 others out of hundreds) in my circles in Asia, Australia, Europe, and the US who own/love classics (I will not drive a modern car when I can help it - life is too short). Over the years, I've gotten a ton of thumbs ups from people while driving my classics - but 90% of them have been from baby boomers.

As much as I don't want to see it, my hunch is telling me that over the next 10-20 years, demand (and prices) for 60s and 70s cars will decrease significantly as many millennials can't drive stick, believe classics break down all the time, and seem to prefer speed/technology over classic beauty. On top of that, many baby boomers who have held onto their pride and joy for decades will finally offload more supply into the market for the first time resulting in lots of sellers and fewer buyers.

I'm hoping I'm wrong due to my exposure in and pure love/passion for classics..but if I'm not, at least I've found the one thing that makes me feel alive every time I'm behind the wheel.

On a positive note, if this does happen, I'll hopefully be able to finally buy that miura for half off today's crazy prices


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post #27 of 44 Old 05-25-2016, 12:01 AM
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On a positive note, if this does happen, I'll hopefully be able to finally buy that miura for half off today's crazy prices
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Don't hold your breath!

Best wishes, John
Ferrari: 550 Maranello S/N 110995, Dino 246 GT S/N 6934
Other: 1990 Bentley Turbo R, 1989 Porsche 911 C2, 2004 Mercedes 500CLK, 2011 Mercedes E350 CDI, 1972 VW T2 Camper, 2014 Fiat 500C, 1963 Jaguar E-type 3.8 FHC, 2015 Maserati Granturismo Sport
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post #28 of 44 Old 05-25-2016, 08:01 AM
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We may all be right in our assumptions or perhaps none of us are as well. Though there are many younger exotic car owners who couldn't care less about manual transmissions, the amount of exotic car lovers/owners continues to increase worldwide and now includes a growing Chinese market. Though at present the Chinese market is mainly concerned with new cars, a time may come when they value older exotics and perhaps value those things which are no longer available on a new car, like manual transmissions. I know that I was one of the ones who started this thread trying to guess what the future holds for the values of manual transmission Ferraris and other exotics, and that it may not be as great relative to other F1 transmissions as it is now, but that's all I was doing, guessing. Now I'm being the devil's advocate so to speak. If I knew what to expect in 20 years, let alone 10, or if anyone really did, we could all make a lot of money and own a collection of our dreams at the same time.
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post #29 of 44 Old 05-25-2016, 08:21 AM
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We may all be right in our assumptions or perhaps none of us are as well. Though there are many younger exotic car owners who couldn't care less about manual transmissions, the amount of exotic car lovers/owners continues to increase worldwide and now includes a growing Chinese market. Though at present the Chinese market is mainly concerned with new cars, a time may come when they value older exotics and perhaps value those things which are no longer available on a new car, like manual transmissions. I know that I was one of the ones who started this thread trying to guess what the future holds for the values of manual transmission Ferraris and other exotics, and that it may not be as great relative to other F1 transmissions as it is now, but that's all I was doing, guessing. Now I'm being the devil's advocate so to speak. If I knew what to expect in 20 years, let alone 10, or if anyone really did, we could all make a lot of money and own a collection of our dreams at the same time.
Clyde
I agree with you ....
our are only assumptions .....

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post #30 of 44 Old 05-25-2016, 12:06 PM
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If I knew what to expect in 20 years, let alone 10, or if anyone really did, we could all make a lot of money and own a collection of our dreams at the same time.
Clyde
I don't know about 10 or 20 years, I'll be content to settle for knowing what's going to happen next week . . . . then I'll buy a lottery ticket and I'll be able to afford any number of Ferraris

Best wishes, John
Ferrari: 550 Maranello S/N 110995, Dino 246 GT S/N 6934
Other: 1990 Bentley Turbo R, 1989 Porsche 911 C2, 2004 Mercedes 500CLK, 2011 Mercedes E350 CDI, 1972 VW T2 Camper, 2014 Fiat 500C, 1963 Jaguar E-type 3.8 FHC, 2015 Maserati Granturismo Sport
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post #31 of 44 Old 05-25-2016, 12:30 PM
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I agree with you ....
our are only assumptions .....
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post #32 of 44 Old 05-25-2016, 12:32 PM
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I don't know about 10 or 20 years, I'll be content to settle for knowing what's going to happen next week . . . . then I'll buy a lottery ticket and I'll be able to afford any number of Ferraris
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post #33 of 44 Old 05-26-2016, 07:45 AM
 
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I"m going to hold my breath

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Don't hold your breath!
My favorite lambo and I will start holding my breath like right now....phew I will have to try again.

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post #34 of 44 Old 05-26-2016, 08:07 AM
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My favorite lambo and I will start holding my breath like right now....phew I will have to try again.
Mine, too. Indeed, one of my all-time favourite cars. A friend of mine finished restoring his last year and it was gorgeous: it is orange - what else?!! - and I was green (with envy)!

Best wishes, John
Ferrari: 550 Maranello S/N 110995, Dino 246 GT S/N 6934
Other: 1990 Bentley Turbo R, 1989 Porsche 911 C2, 2004 Mercedes 500CLK, 2011 Mercedes E350 CDI, 1972 VW T2 Camper, 2014 Fiat 500C, 1963 Jaguar E-type 3.8 FHC, 2015 Maserati Granturismo Sport
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post #35 of 44 Old 05-26-2016, 01:03 PM
 
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I'm not holding my breath, but I can wait 15 years here are some snaps from Essen, even the bare metal one gives me goosebumps!


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post #36 of 44 Old 06-03-2016, 11:35 PM
 
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This article overlooks the 550 WSR edition

[QUOTE=Vmansouri;689217]The following is an article published by well respected Ferrari broker Mike Sheehan. Do you guys agree with his conclusion that 550's and 599's are the future collectible models? I agree with the 550, but the fewer 575's were produced and represent the best iteration of the 550.

I disagree that the 575 represents anything important; maybe as the SuperAmerica. To me, the 550 is the pinnacle of Ferrari front engine V12's. The world speed records set in 1998 prove it; thus making the 32 surviving 550WSR's THE long term investment in the 550 generation. I predict these cars will exceed $500,000 within five years. They're trading now in the $300,000 range according to the web site 550WSR.com. I read here that some collection is attempting now to get their hands on a WSR example.
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post #37 of 44 Old 06-04-2016, 10:54 AM
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For anyone who doesn't think the younger (at least from my perspective!) generation appreciate the joys of a manual gearbox, I suggest you watch this video:

McLaren F1 and Ferrari F40 vs Analogue supercar rivals video | Evo

OK, journos are probably not going to make enough money to be serious buyers of high value classics, but if these are representative of the views of other people of his age, who have reached the stage in their careers when they are going to be earning big bucks for the next 20 years, then there is a future for great manual gearbox classics as well as for those from the flappy paddle era.

Best wishes, John
Ferrari: 550 Maranello S/N 110995, Dino 246 GT S/N 6934
Other: 1990 Bentley Turbo R, 1989 Porsche 911 C2, 2004 Mercedes 500CLK, 2011 Mercedes E350 CDI, 1972 VW T2 Camper, 2014 Fiat 500C, 1963 Jaguar E-type 3.8 FHC, 2015 Maserati Granturismo Sport
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post #38 of 44 Old 06-04-2016, 04:51 PM
 
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Let's look at some statistics:

1) millennials are getting drivers licenses at a slower rate than previous generations

2) New cars with manual transmission is decreasing. Only 10% of new cars are manual compared to 35% in 1980

3) there is less demand for manual cars according to car manufacturers

On top of classics being less safe, less efficient, less comfortable, etc, the future for these cars does not look good in my opinion. Yes there will always be those key stand out cars that will maintain/appreciate in value but overall I think the slow demand is going to correct today's prices

http://www.theglobeandmail.com/globe...service=mobile

http://www.foxnews.com/leisure/2014/...g-rarer-in-us/


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post #39 of 44 Old 06-05-2016, 07:42 AM
 
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This precedent doesn't help either...I'm very disappointed with Paris




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post #40 of 44 Old 06-06-2016, 04:35 AM
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I believe the Aston-Martin V12 Vantage S is the very last V12 being offered with MT. They have my respect.

Aston Martin V12 Vantage S - Extreme Sport

Quote:
2017 sees the return of a manual-shift transmission as an option, creating the ultimate analogue experience in a digital world. Seamless gear changes at high engine speeds.
Can anyone confirm?

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