360 CS Values Sky rocket ? - Ferrari Life
 
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post #1 of 8 Old 02-18-2014, 01:21 PM Thread Starter
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CS Values Sky rocket ?

So it seems that the CS has become an "overnight" classic

Is it me or are prices suddenly 50K higher ? i.e USD 300k + for well used examples ?

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post #2 of 8 Old 02-18-2014, 03:17 PM
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Richard- One high asking price does not make a market. Good luck to them. Looks more like a typo.

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post #3 of 8 Old 02-19-2014, 01:00 AM
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Originally Posted by tazandjan View Post
Richard- One high asking price does not make a market. Good luck to them. Looks more like a typo.
Taz, currently CS in the UK is flying high, cars are selling at or near these prices but the rise has been very rapid and the fall might be similar! We have a very passionate, and vocal, CS community and they punch well above their weight on many of the forums - they are promoting and expecting 200k for a CS in the near future. Cars that were under 100k 18 months ago are now trading at a 50%+ premium and it's not just the garage queens.
Superamerica has also enjoyed a recent steep rise in prices and the best ones have already reached 200k - I realise they were originally considerably more than a CS but nevertheless the price has risen by 50% in the last couple of years.
Scuds have remained solid now for a couple of years and prices look to be firming up (only 87 left in the UK).

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post #4 of 8 Old 02-19-2014, 01:59 AM
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In the US

130 - 180k

Many good keepers especially limited exotics have risen. I may trade the MP4 for something below.

CGT up 100k
Ford GT up 75k
Porsche GT3 up 50k
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post #5 of 8 Old 02-19-2014, 02:11 AM
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Totally the opposite (as often so) in Switzerland. 12 (!) Stradales offered between Euro 80'000 to Euro 115'000, the bulk being at Euro 95'000. Hardly any indication of price explosion.


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post #6 of 8 Old 02-19-2014, 07:27 AM
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... Cars that were under 100k 18 months ago are now trading at a 50%+ premium and it's not just the garage queens...
That's a scary trend to buy into.

I always find these shifts in the market interesting. They imply one of the following:
1. The market has under-appreciated the car being discussed since its introduction.
2. The regulatory environment has drastically changed and a similar car will no longer be built in the future.
3. There's sufficient currency devaluation to justify the inflationary price increases on what amounts to an illiquid asset.

I know the UK is a relatively captive market and we all know that markets can stay irrational longer than any of us can ride them out. But, I hate to think that folks are becoming speculatory on late model exotics because that seems like risky business to me... Buy them because you love them, not because you think they're an investment. You might get stuck with what you buy. Just my $.02.
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post #7 of 8 Old 02-19-2014, 08:53 AM Thread Starter
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Fully agreed, I sold by CS and bought my SCuderia for very valid reasons from a driving perspective however many CS's in future like a vintage bottle of wine wont actually be driven but just laid to rest, and in that respect that's what the CS is good at, for being looked at
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post #8 of 8 Old 02-19-2014, 10:17 AM
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The fact there are so few RHD CSs remaining in the UK probably has something to do with it, too. Is not a universally rising market so far.

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