Join Date: Aug 2012
Location: The Driver's Seat
Ferrari Life Posts: 490
True. And even if the buyer wasn't willing to pay more, these days selling cars is about selling financing. Doesn't matter if it's a Ford or if it's a Ferrari, you make money by financing the car. He could of had a buyer or he could have just known that at $100k, maybe increase it 10% and he still won't have a problem selling the car.
He could also be delusional, thinking that he read in Ferrari market newsletter that these cars are going to gain value, so he took that to mean stupid value. So buy as many as he can now, have the dealership sit on it for a little while and then sell it for $250k. Or just put $250k as the pricetag and see who bites. Value is after all in the eyes of the beholder. It's worth what you can sell it for.
I think the important piece of information to know is the F355 has fully depreciated and is now earning some of that back. I'm sure once the economy gets better, the F355 will go to the price it can support and then stop. That will be the true value of the car. If the market doesn't go crazy, IMO I see that as $100-130k. So not far from the MSRP and I think that is the best outcome someone can logically hope for out of a car that had almost 12,000 units made in 5 years. Oh and that it is relatively expensive to maintain properly combined with the perception that it HAS to have the valve guides replaced.
"Autoholism is an incurable addiction medicated daily with car porn."
Last edited by Autoholic; 03-21-2015 at 09:20 AM.