Join Date: Sep 2009
Ferrari Life Posts: 4,515
512TR - Euro
Doug, from other site attributed to Boxerman.
I think he's spot on regarding the TR market:
"...Lets look at it another way. Daytonas are 750k and flat, Dinos 350-400K and flat. they both grew hugely in value. Even boxer are now around 300K. That means for buyers in the 200-500K range a whole lot of cars are no longer potential purchases.
The pool of buyers below 200K or 300K is much larger than the pool in the 350-1mill range. Somehting "claassic" has to fill the price ranges formerly ocupied by Boxers and Dinos, Trs now fill that spot. So Trs will be in the 90-250K range. 308s are now filling the range previously ocupied by Trs. If daytonas and boxers and dinos fall, then those choices become available again in a lower price range and Trs and 308s will fall.
If those higher prices cars maintain their value more or less, even if flat, Trs will stay where they are and settle into the 90-250K range depending on condition spec.. If you look at current Tr prices then, its poretty clear there isa big potential pool of buyers, and there is still some room for dealer to make money/appreciation. Wheras for Dinos and Trs there is no reall appreciation comming and supply at current pices seems balanced. Of course there are some other factors, with the Euro dropping we are probably seeing soem money going into cars as alternative asetts, but at a certain point the prices europeans can pay will drop due to exchange rates. Ont he positives the Tr is iconic, and its time period is coming.
It you own a Tr at 90-120k, other than maintanace costs you cant loose, and over time even with that you will gain..."