Carrera GT prices - Ferrari Life
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post #1 of 89 Old 12-15-2013, 08:16 PM Thread Starter
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Carrera GT prices

It seems that in the past 6 months there has been strong growth in prices of Ferrari supercars like the F50 and the classic car market in general. However, one exception seems to be the Carrera GT. Given that the CGT appears to be a stunning car to drive, is very much an analogue supercar and is superbly engineered (and was placed
top in a three way tie with the F50 and F1 in the recent supercar test
in EVO) then why are prices not rising? A temporary lag
or will prices continue to remain relatively low?
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post #2 of 89 Old 12-15-2013, 08:24 PM
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They are not that good looking, for one thing. At least to me.

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post #3 of 89 Old 12-15-2013, 08:40 PM
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I agree , the are not that great looking but also the are some comments on the web regarding their safety! Also the accident of the actor from Fast and Furious does not help either!

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post #4 of 89 Old 12-15-2013, 09:06 PM Thread Starter
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Quote:
Originally Posted by tazandjan View Post
They are not that good looking, for one thing. At least to me.
For me similar to the F50 in that it looks brilliant from some angles but a bit awkward from others. If you get up close the details are lovely.
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post #5 of 89 Old 12-15-2013, 09:09 PM Thread Starter
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I agree , the are not that great looking but also the are some comments on the web regarding their safety! Also the accident of the actor from Fast and Furious does not help either!
I would take such comments on the web with a pinch of salt. It is a rear wheel drive supercar with 600 bhp and no electronic safety net. It is bound to be tricky if you don't drive it carefully. But that would apply to any similar car.
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post #6 of 89 Old 12-15-2013, 11:58 PM
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It is easy:

F1 is super rare!

F50 is rare!

CGT is mass production! They even stopped production, as nobody was buying them anymore.
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post #7 of 89 Old 12-16-2013, 12:31 AM
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I am in no position to make any comments of value, but one of the reasons may be the extreme costs of parts and related expenses ?

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post #8 of 89 Old 12-16-2013, 01:08 AM Thread Starter
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Originally Posted by m1076 View Post
It is easy:

F1 is super rare!

F50 is rare!

CGT is mass production! They even stopped production, as nobody was buying them anymore.
I agree that rarity should drive absolute values but the made about the same number of F40s as CGTs and F40 values have gone up quite a lot this year. Similary Porsche 2.7 RSs have lept up in value for a similar production volume.

Perhaps the CGT isn't old enough yet.

It is true that running costs are high. And they require skill and/or restraint.
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post #9 of 89 Old 12-16-2013, 01:41 AM
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Quote:
Originally Posted by m1076 View Post
It is easy:

F1 is super rare!

F50 is rare!

CGT is mass production! They even stopped production, as nobody was buying them anymore.
Uhhhhh, that hurts the Porsche friends....! ;-)

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post #10 of 89 Old 12-16-2013, 01:52 AM
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post #11 of 89 Old 12-16-2013, 02:02 AM
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I think they look a proper car, and in the right colour super. dangerous ? nope, just a handful like cars sometimes should be. I think undervalued and will increase in time. expect a 30 to 40% increase i would say next 5 years minimum.
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post #12 of 89 Old 12-16-2013, 05:00 AM
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Quote:
Originally Posted by m1076 View Post
It is easy:

F1 is super rare!

F50 is rare!

CGT is mass production! They even stopped production, as nobody was buying them anymore.
Very good point!!!

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post #13 of 89 Old 12-16-2013, 05:42 AM
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Originally Posted by 212Export View Post
Uhhhhh, that hurts the Porsche friends....! ;-)
But that is reality! They just build to much and You can buy one rather easily compared to a similar condition F50. If they would have build only about 500, the prices would be much higher!

The F40 hype is a bit stragne in my opinion. Imagine, that the GTO was the cheapest Super-Ferrari. Cheaper than their mass production cars! And the GTO is far more desirable than the F40 (imho).


A friend just bought a CGT and compared to the F40, (especially) F50 and Enzo, it isnīt that precise in the suspension and some movement in yaw-axis on straight lines when accelerating (esp on changing road surfaces). It is a good car, no question, bur the Ferrari-Suspensions just feel better (again, especially the F50!).
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post #14 of 89 Old 12-16-2013, 07:52 AM
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I think that they've held their value is testament to how good the car is and that many folks find it attractive. But, like others have mentioned, they produced quite a few of them in relation to demand.
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post #15 of 89 Old 12-16-2013, 09:47 AM
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When you stop making them because nobody wants one, like m said, the market is saturated. Has not happened with any of the Ferrari supercars, which are usually oversubscribed.

I think if the CGT was just considered eye-poppingly beautiful by everyone, a lot would be overlooked because of the high performance and build quality. But it is not.

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post #16 of 89 Old 12-16-2013, 10:27 AM Thread Starter
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Originally Posted by tazandjan View Post
When you stop making them because nobody wants one, like m said, the market is saturated. Has not happened with any of the Ferrari supercars, which are usually oversubscribed.

I think if the CGT was just considered eye-poppingly beautiful by everyone, a lot would be overlooked because of the high performance and build quality. But it is not.
Porsche just has a different philisophy. They could have restricted
numbers to 400 like the Enzo and the CGT would
have been massively oversubscribed. Would have been better for residuals but fewer people would have got to own one. Same approach for the latest crop of Supercars.

Even with the higher number of CGTs made I have only seen one on the road (rather than in showrooms) and that was in Greenwich Village, which is not really an ideal place to drive one. Did sound good though!
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post #17 of 89 Old 12-16-2013, 11:34 AM
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Quote:
Originally Posted by Schnellmann View Post
Porsche just has a different philisophy. They could have restricted
numbers to 400 like the Enzo and the CGT would
have been massively oversubscribed. Would have been better for residuals but fewer people would have got to own one. Same approach for the latest crop of Supercars.

Even with the higher number of CGTs made I have only seen one on the road (rather than in showrooms) and that was in Greenwich Village, which is not really an ideal place to drive one. Did sound good though!
The Sound of a CTG is wonderful. Have driven one 5 years ago. great, great car. Yes, you are right, Porsche has another Philosophie naturally so as a Producer of 140000 Units per year. They build absolutely fantastic cars but they do not care about my Capital Protection, and thats why a modern Porsche , Even a modern supercar Porsche will hardly ever be my Choice. Sorry.

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post #18 of 89 Old 12-16-2013, 12:55 PM
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Quote:
Originally Posted by Schnellmann View Post
Porsche just has a different philisophy. They could have restricted numbers to 400 like the Enzo and the CGT would have been massively oversubscribed. Would have been better for residuals but fewer people would have got to own one. Same approach for the latest crop of Supercars.

Even with the higher number of CGTs made I have only seen one on the road (rather than in showrooms) and that was in Greenwich Village, which is not really an ideal place to drive one. Did sound good though!
But that is THE thing with rare cars! Build less, than the market can take, otherwise, its not desirable (and prices will drop)!

BTW: prices on the CGT are beyond a first tale. About 7 Years ago another friend bought a CGT and it was about 1/3 less than todays marketprice for sub 5.000 kms and first owner. Sold it two Years later with some profit, but he always sold the great cars way to fast...
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post #19 of 89 Old 12-16-2013, 01:05 PM
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Quote:
Originally Posted by 212Export View Post
The Sound of a CTG is wonderful. Have driven one 5 years ago. great, great car. Yes, you are right, Porsche has another Philosophie naturally so as a Producer of 140000 Units per year. They build absolutely fantastic cars but they do not care about my Capital Protection, and thats why a modern Porsche , Even a modern supercar Porsche will hardly ever be my Choice. Sorry.
I am with you 212Export!

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post #20 of 89 Old 12-16-2013, 01:24 PM
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it may also be that porsche is not known for their supercars. acura suffered this fate.



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