So, can I buy a GT for 300k flat?
#16
As you mentioned, no warranty will definitely mean a great deal to market value. CGT parts and service make Ferraris look cheap!
#17
Agree. Next yr around this time you should be easily find one for mid-high 20s.
#18
Or low 400s. Too few cars and too many people in the world want one. Even many people that sell buy them again a few months later. Everything is down now, and maybe will go a bit lower. I doubt you'll even see low 300s unless the car is really trashed.
#19
youre dreaming
two years ago they were high 200s-low 300s
then the Euro took off
now its tanking
the car is falling and will continue to
face it
and "alot" of people may want one, but very few want to pay the maintance bills. A factory warrenty covering a repair is all good. When its 2009 or 2010 and you get a 30k repair bill "alotta" people will be looking to dump them FAST!! A 19k clutch replacement alone is enough to price almost everyone out of the market.
#20
youre dreaming
two years ago they were high 200s-low 300s
then the Euro took off
now its tanking
the car is falling and will continue to
face it
and "alot" of people may want one, but very few want to pay the maintance bills. A factory warrenty covering a repair is all good. When its 2009 or 2010 and you get a 30k repair bill "alotta" people will be looking to dump them FAST!! A 19k clutch replacement alone is enough to price almost everyone out of the market.
two years ago they were high 200s-low 300s
then the Euro took off
now its tanking
the car is falling and will continue to
face it
and "alot" of people may want one, but very few want to pay the maintance bills. A factory warrenty covering a repair is all good. When its 2009 or 2010 and you get a 30k repair bill "alotta" people will be looking to dump them FAST!! A 19k clutch replacement alone is enough to price almost everyone out of the market.
Maintenance costs are very low on this car. Even if something did cost $25K to fix, someone paying $400K+ for this car wouldn't mind if it happened every 5 years or so. That's only $5K/year. Regular maintenance, which is pretty infrequent, is pretty inexpensive for such a special car. I just had all the front pads replaced for $1200. That's closer to $4,000+ on a CS or 430 with carbon rotors.
#21
2 months ago, I sold my 3k mile black for 400. I doubt I'd get 350 for it today.
#22
But still, CGT is one of the best car in the world, period.
#23
The bottom line is no one knows for certain, there are speculators on both sides of the fence. It wouldn't surprise me if the price of the car continued down for a while and then headed north. I remember being able to buy a F40 for 180K many years ago, now it would likely be triple that.
I don't care because I will never sell mine so it doesn't really matter.
The cars maintenance bills are quite low for a car of this level, It costs about 1K for oil, yearly maint. The brakes and tires are also pretty reasonable for this car, especially if you only drive it once in a while. The clutch seems to last quite a while in cars where the driver knows what he is doing, if I have to replace it every five or six years that is fine with me.
The car is extremely well made and I have seen examples that have over ten times the miles that my car has without any issues.
If it makes a difference to you whether the car is 300K or 320K and whether the annual maintenance is going to be 3K / year or 5K / year you probably are over extending yourself to buy the car.
Do yourself a big favor and if you can't afford the car, NEVER drive one!
I don't care because I will never sell mine so it doesn't really matter.
The cars maintenance bills are quite low for a car of this level, It costs about 1K for oil, yearly maint. The brakes and tires are also pretty reasonable for this car, especially if you only drive it once in a while. The clutch seems to last quite a while in cars where the driver knows what he is doing, if I have to replace it every five or six years that is fine with me.
The car is extremely well made and I have seen examples that have over ten times the miles that my car has without any issues.
If it makes a difference to you whether the car is 300K or 320K and whether the annual maintenance is going to be 3K / year or 5K / year you probably are over extending yourself to buy the car.
Do yourself a big favor and if you can't afford the car, NEVER drive one!
#24
I can afford one and have owned one and bought a 430 scud instead...why??? IMHO the prices are coming down and I will buy one sometime next year. I passed on a 5k mile black car for 350K.
That said, the CGT pulls harder and sounds better than my scud.
That said, the CGT pulls harder and sounds better than my scud.
#26
you better hope someone is REALLY desperate but from what i have seen and heard mid 300's seems to be a deal because 6-8 months back they were moving at high 300's
http://cgi.ebay.com/ebaymotors/Cars-Trucks___Fully-Serviced-Spotless-Carrera-GT_W0QQitemZ320315225804QQddnZCarsQ20Q26Q20TrucksQ QddiZ2282QQcmdZViewItem?hash=item320315225804&_trk parms=72%3A727%7C39%3A1%7C65%3A12%7C240%3A1318&_tr ksid=p4506.c0.m245
http://cgi.ebay.com/ebaymotors/Cars-Trucks___Fully-Serviced-Spotless-Carrera-GT_W0QQitemZ320315225804QQddnZCarsQ20Q26Q20TrucksQ QddiZ2282QQcmdZViewItem?hash=item320315225804&_trk parms=72%3A727%7C39%3A1%7C65%3A12%7C240%3A1318&_tr ksid=p4506.c0.m245
wow! This car are great. Very awesome car.
#27
I know I am going to go crazy this winter in Michigan not being able to drive my CGT very much!
#28
They are both great and special cars...speculating on the future value is pointless!!! The fact is the 430 scuderia is arguably the best street car Ferrari has ever produced. One of the best race car drivers of all time was intimately involved in the development of the car.
They both represent best of breed and will hold value accordingly.
They both represent best of breed and will hold value accordingly.
#30
So add prior owners to the market as well!