Ferrari Porsche or Mustang?
Discussion
They are very differnt cars so I'd suggest you drive all three and work out what would suit you best. As I'm sure you know, the Ferrari would be the most focused and demanding (with the most expensive servicing) and the Mustang would be the most relaxed with the least expensive servicing. The Porsches would be my choice as somewhere in the middle (but nearer to the Ferrari than the Mustang in terms of driving).
I'm not an expert on values (or anything else really) but I was under the impression that 355 values were still on the slide. I think Mustangs and, especially the 993 values would be more stable. Check on the specialist forums.
I'm not an expert on values (or anything else really) but I was under the impression that 355 values were still on the slide. I think Mustangs and, especially the 993 values would be more stable. Check on the specialist forums.
I see the values of these cars like this.. the 993 is at the bottom of its depreciation and the 964 is starting to climb. I see the 355 as being as cheap as its ever going to get.. but I see the Mustang as being something that has climbed a very long way in value over the last 3 years and there is a real possibilty that it could also fall further than the others!
I do worry about the negativity that people automatically have for Ferrari drivers (what are your views on people who do?).. otherwise that would be me 1st choice,but not in red or yellow though!
I do worry about the negativity that people automatically have for Ferrari drivers (what are your views on people who do?).. otherwise that would be me 1st choice,but not in red or yellow though!
To be honest, spending 30 or 40K on a weekend car that you can't afford or are unwilling to lose any value on seems a bit unwise to me. What if you prang it? What about stone chips? What about all the other normal wear and tear items?
If you're only going to use the car at weekends, then you want something you can use and enjoy without worrying.
Here's an idea:
1. Spend 20K on a slightly older Porsche or Mustang - ok, you won't get a Ferrari for that money - or if you did, it would be a money pit. Better still, buy a Morgan (but then I would say that, wouldn't I?)
2. Spend 10K on gold sovereigns and stick them under your mattress.
You'll get just as much fun out of a 20 grand car as a 30 grand one, and the gold sovereigns will provide you with an inflation-proof buffer just in case you do crock up the car.
If you're only going to use the car at weekends, then you want something you can use and enjoy without worrying.
Here's an idea:
1. Spend 20K on a slightly older Porsche or Mustang - ok, you won't get a Ferrari for that money - or if you did, it would be a money pit. Better still, buy a Morgan (but then I would say that, wouldn't I?)
2. Spend 10K on gold sovereigns and stick them under your mattress.
You'll get just as much fun out of a 20 grand car as a 30 grand one, and the gold sovereigns will provide you with an inflation-proof buffer just in case you do crock up the car.
Gaspode said:
To be honest, spending 30 or 40K on a weekend car that you can't afford or are unwilling to lose any value on seems a bit unwise to me. What if you prang it? What about stone chips? What about all the other normal wear and tear items?
If you're only going to use the car at weekends, then you want something you can use and enjoy without worrying.
Here's an idea:
1. Spend 20K on a slightly older Porsche or Mustang - ok, you won't get a Ferrari for that money - or if you did, it would be a money pit. Better still, buy a Morgan (but then I would say that, wouldn't I?)
2. Spend 10K on gold sovereigns and stick them under your mattress.
You'll get just as much fun out of a 20 grand car as a 30 grand one, and the gold sovereigns will provide you with an inflation-proof buffer just in case you do crock up the car.
This is just hilarious how its gone from a weekend car to gold sovereigns!If you're only going to use the car at weekends, then you want something you can use and enjoy without worrying.
Here's an idea:
1. Spend 20K on a slightly older Porsche or Mustang - ok, you won't get a Ferrari for that money - or if you did, it would be a money pit. Better still, buy a Morgan (but then I would say that, wouldn't I?)
2. Spend 10K on gold sovereigns and stick them under your mattress.
You'll get just as much fun out of a 20 grand car as a 30 grand one, and the gold sovereigns will provide you with an inflation-proof buffer just in case you do crock up the car.
don't worry about what other people think. buy the car that's right for you and have the most fun possible. as for price, always keep a car rainyday account should anything go bang!! for me, i'd go the porshe route...excellent value-for-money, easy to maintain & repair, and will always put smile on face in any weather; on road or track!!
Gaspode said:
To be honest, spending 30 or 40K on a weekend car that you can't afford or are unwilling to lose any value on seems a bit unwise to me. What if you prang it? What about stone chips? What about all the other normal wear and tear items?
If you're only going to use the car at weekends, then you want something you can use and enjoy without worrying.
Here's an idea:
1. Spend 20K on a slightly older Porsche or Mustang - ok, you won't get a Ferrari for that money - or if you did, it would be a money pit. Better still, buy a Morgan (but then I would say that, wouldn't I?)
2. Spend 10K on gold sovereigns and stick them under your mattress.
You'll get just as much fun out of a 20 grand car as a 30 grand one, and the gold sovereigns will provide you with an inflation-proof buffer just in case you do crock up the car.
OP never said he couldn't afford it; he said he was looking to avoid depreciation. Not quite the same thing. I would agree with a previous poster that the 993 probably offers the most upside in temrs of increase in value if you get a good one.If you're only going to use the car at weekends, then you want something you can use and enjoy without worrying.
Here's an idea:
1. Spend 20K on a slightly older Porsche or Mustang - ok, you won't get a Ferrari for that money - or if you did, it would be a money pit. Better still, buy a Morgan (but then I would say that, wouldn't I?)
2. Spend 10K on gold sovereigns and stick them under your mattress.
You'll get just as much fun out of a 20 grand car as a 30 grand one, and the gold sovereigns will provide you with an inflation-proof buffer just in case you do crock up the car.
85Carrera said:
Gaspode said:
You'll get just as much fun out of a 20 grand car as a 30 grand one
OP never said he couldn't afford it; he said he was looking to avoid depreciation. Not quite the same thing. If you've ever had even the remotest inkling to have a Ferrari, buy the 355. Epic cars.
Search carefully for a good one, and make sure you can budget around 2k per annum to look after it - you may not need it all, but if you budget that much you should be OK (buy a pup car though and it'll cost you more!).
355 prices are firming up now too it seems.
Try clubscuderia.com for a serious amount of info and advice on them.
Values of 993 Turbo values always surprise me. They're nice enough cars, and it'll possibly be one I try properly at some point. But in excess of 40k is strong money for one IMO.
Mustangs...one of those cars that I think are nice to look at but I'd never want to own. I actually can't think of many (any) American cars that I would.
Search carefully for a good one, and make sure you can budget around 2k per annum to look after it - you may not need it all, but if you budget that much you should be OK (buy a pup car though and it'll cost you more!).
355 prices are firming up now too it seems.
Try clubscuderia.com for a serious amount of info and advice on them.
Values of 993 Turbo values always surprise me. They're nice enough cars, and it'll possibly be one I try properly at some point. But in excess of 40k is strong money for one IMO.
Mustangs...one of those cars that I think are nice to look at but I'd never want to own. I actually can't think of many (any) American cars that I would.
Spudler said:
http://www.classiccarsforsale.co.uk/classic-car-pa...
Not mint but rather rare and a great car.
Would be rare(ish) if it had the correct engine (not even from the same engine 'family') - would be too expensive even if it did have the correct engine!Not mint but rather rare and a great car.
Early Mustangs have got far too expensive for what they are, especially 'cooking' one ones with lo-po engine/body options - blame films like 'Gone in 60 Seconds' everyone wants a '67 fastback 'clone' for some strange reason!
roscobbc said:
Spudler said:
http://www.classiccarsforsale.co.uk/classic-car-pa...
Not mint but rather rare and a great car.
Would be rare(ish) if it had the correct engine (not even from the same engine 'family') - would be too expensive even if it did have the correct engine!Not mint but rather rare and a great car.
Early Mustangs have got far too expensive for what they are, especially 'cooking' one ones with lo-po engine/body options - blame films like 'Gone in 60 Seconds' everyone wants a '67 fastback 'clone' for some strange reason!
It seems product placement works :-)
Buy what you like, but please don't consider owning a classic car and investment in the same breath. OK, put on your rose-coloured glasses, ignore the loss of interest on the capital, ignore the maintenance and insurance, however small those might or might not be, but they add up in the end. If I wasn't that interested in classics but wanted "one for the weekend sir" I'd join one of the clubs for £1,500 p.a. and avoid all the pain that goes with owning a classic. For example, do you know a reliable garage near you who will look after your new aquisition? Are you capable of the general maintence yourself? Will you remember to disconnect the battery at the season's end to avoid buying new ones all the time? If I look at the book value of my E-type now compared to when I bought it over 20 years ago, yes it has gone up in value. Now take off the shelf the three ring binders of bills over those years and you get my drift.
Please, I'm not trying to be rude here, but I'd at least join a club for a year and see how you get on before you commit what is a substantial anount of money. If you've already decided to take the plunge, then get a respective club expert to go over the car for you; money extremely well spent.
Please, I'm not trying to be rude here, but I'd at least join a club for a year and see how you get on before you commit what is a substantial anount of money. If you've already decided to take the plunge, then get a respective club expert to go over the car for you; money extremely well spent.
roscobbc said:
Spudler said:
http://www.classiccarsforsale.co.uk/classic-car-pa...
Not mint but rather rare and a great car.
Would be rare(ish) if it had the correct engine (not even from the same engine 'family') - would be too expensive even if it did have the correct engine!Not mint but rather rare and a great car.
Early Mustangs have got far too expensive for what they are, especially 'cooking' one ones with lo-po engine/body options - blame films like 'Gone in 60 Seconds' everyone wants a '67 fastback 'clone' for some strange reason!
If it was a genuine (numbers matching) 390 then I'd maintain it would be rare, not in the same league as a Boss 429 mind...but then we're talking big money.
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