Why own a Ferrari?
Discussion
... and this topic just adds to that trend :-)
Price's have risen exceedingly fast in the last couple of years for "entry" level Ferrari's. What can you buy for £50k anymore? In contrast there is plenty of Astons and Porsches below this price point.
The result is that:
- owners are feeling happy at their cars value increasing ahead of running costs and giving each other high fives. Ideal Man Maths.
- prospective owners are being priced out of the market. A Mondial is just not the same as a F355.
When prices stop rising exponentially, then we can return to talking about our passion rather than comparing investment returns.
Price's have risen exceedingly fast in the last couple of years for "entry" level Ferrari's. What can you buy for £50k anymore? In contrast there is plenty of Astons and Porsches below this price point.
The result is that:
- owners are feeling happy at their cars value increasing ahead of running costs and giving each other high fives. Ideal Man Maths.
- prospective owners are being priced out of the market. A Mondial is just not the same as a F355.
When prices stop rising exponentially, then we can return to talking about our passion rather than comparing investment returns.
Is there an equivalent of "resale red" for Lamborghini, etc? (genuinely curious)
I would say as above that as values have risen quite considerably on some models it is natural there will be some heightened curiosity as to whether or not they've plateaued. Some owners will be looking to exit, or be considering that whatever profit they might turn by selling now might not necessarily last. Who blinks first, etc.
I don't necessarily think that the Ferrari market is unique in supercar terms, but the model lineup does have more of a clear "upgrade path" - e.g. 360 to 430 to 458, and thus there will be speculation as to where the values are going to be going on each of those models. I'm not sure the same can't really be said of other markets (i.e. the Gallardo isn't positioned as an "older Murcielago").
Just my uneducated 2p.
I would say as above that as values have risen quite considerably on some models it is natural there will be some heightened curiosity as to whether or not they've plateaued. Some owners will be looking to exit, or be considering that whatever profit they might turn by selling now might not necessarily last. Who blinks first, etc.
I don't necessarily think that the Ferrari market is unique in supercar terms, but the model lineup does have more of a clear "upgrade path" - e.g. 360 to 430 to 458, and thus there will be speculation as to where the values are going to be going on each of those models. I'm not sure the same can't really be said of other markets (i.e. the Gallardo isn't positioned as an "older Murcielago").
Just my uneducated 2p.
As an owner I think Ferrari do a bang on job with their engineering and car design. I can barely afford the car I own so have no interest in tweaking it to add performance or dubious cosmetic upgrades.
There are plenty of examples of how to adulterate your Ferrari at
www.ferrarichat.com
I'm all about fixing what breaks and preserving value by keeping things as the factory intended. Besides, there's no room to swing a spanner in my titchy garage 8-(
There are plenty of examples of how to adulterate your Ferrari at
www.ferrarichat.com
I'm all about fixing what breaks and preserving value by keeping things as the factory intended. Besides, there's no room to swing a spanner in my titchy garage 8-(
I own mine because I love it and have wanted one since I was a kid. I love to drive it for no reason other than the sun being out. I'm pretty pleased that it's value has risen by some 50% in two years, but I'm still going to upgrade the exhaust and give it a darn good thrashing across Europe this year (355 F1 GTS). No plans to sell it yet.....
I use to like the exclusivity of owning a car not many people had but nowadays with the numbers being ramped up and mass production its not quite the same with Ferrari.
F430 and 458's are abundant in numbers as seen by the number on sale at any time.
Yes its a great brand with superb racing heritage etc but park that aside there are equally as good if not better cars out there that are more exclusive nowadays.
My kids don't have the same passion for Ferrari as I do but I guess this is the new generation thing. I was brought up aspiring to own one and have been lucky enough to fulfil that dream 3 times over but whenever I ask their opinions on potential next purchases the Ferrari seems the least popular for some reason.
When you are at the top and have been for some while it becomes ever harder to sustain it and with Great British brands like McLaren growing all the time its inevitable there will be a migration to other equally good products
F430 and 458's are abundant in numbers as seen by the number on sale at any time.
Yes its a great brand with superb racing heritage etc but park that aside there are equally as good if not better cars out there that are more exclusive nowadays.
My kids don't have the same passion for Ferrari as I do but I guess this is the new generation thing. I was brought up aspiring to own one and have been lucky enough to fulfil that dream 3 times over but whenever I ask their opinions on potential next purchases the Ferrari seems the least popular for some reason.
When you are at the top and have been for some while it becomes ever harder to sustain it and with Great British brands like McLaren growing all the time its inevitable there will be a migration to other equally good products
Edited by GRBF430F1 on Thursday 5th February 18:10
Durzel said:
Is there an equivalent of "resale red" for Lamborghini, etc? (genuinely curious)
Just a guess, but since the cars generally look so outrageous, they're going to be popular in vivid bright shades like orange, yellow, green? My personal Lambo favourite colour is the SE30 purple but that won't be to everyone's taste.Simon T said:
All, there are lots of topics on here about value, price, etc etc and far less about driving, improving, tuning etc etc
This is more noticeable than on other forums e.g., Aston, Lamborghini, Porsche
Is this reflective of the reasons for buying a Ferrari or something else?
Simon
Really, have you been on the Porsche forum recently? No-one is driving their cars any more to busy talking about value or if they are going to buy the car that Porsche might release next year or the year after.This is more noticeable than on other forums e.g., Aston, Lamborghini, Porsche
Is this reflective of the reasons for buying a Ferrari or something else?
Simon
k around with the bloodline of a thoroughbred race horse would you? 
Slickhillsy said:
This...
Worst photoshop ever..Simon T said:
improving, tuning etc etc
Don't really do this to Italian stock, Pork for sure but not so much the thoroughbred's - - unless of course your from the USA then they can end up with spinners wings and all sorts of useless gubbins on them...
Modificata said:
Im fortunate enough to own a Ferrari and a Porsche, and loved the passion of the italian car since I was a kid. Cant say the same as the Porsche. I dream about the Ferrari, but only enjoy driving the Porsche. And strangely my Ferrari has been more reliable!
Snap! My Ferrari has done twice the mileage of my Pork yet I've had to have a complete engine rebuild on the 911 
Simon T's original post is interesting and very topical. I am sure most will agree that perhaps the whole driving experience, sound, unique design, looks etc. are a given with Ferrari's and has never been matched by the other manufacturers mentioned in his post. This could be the reason there is so much debate on PH about Ferrari values and prices and for certain models, the difficulty in finding a good car. I bought my Ferrari 5+ years ago because I had always wanted a 328 for the reasons above; - its 100% original with the original paint etc.
I was actually looking for a 911GT3 before the values become so ballistic that I couldn't afford one. I couldn't find one (I live in Dubai and the market is a little smaller) and ended up seeing an F430 Scuderia for more than I would have paid for a GT3...but there was one for sale. I took this as an opportunity to own a real driver's car I didn't think I would ever afford.
Since buying the car, I have used it whenever I can including last weekend on the track where the car was absolutely amazing...much more capable than the driver...so I will be taking it again and again and then some more because I bought the car to drive. The values can do what they want, it is only relevant for me if and when I ever decide to sell.
Since buying the car, I have used it whenever I can including last weekend on the track where the car was absolutely amazing...much more capable than the driver...so I will be taking it again and again and then some more because I bought the car to drive. The values can do what they want, it is only relevant for me if and when I ever decide to sell.
What a massive clusterf*ck this situation has become.
I am a petrolhead who is unable to afford such luxuries as Ferrari/Lamborghini/Maserati but would love the chance.
I read this forum on a regular basis, get my fill so to speak.
My personal opinion would be to take the chance to drive every possible mile you could in your thoroughbred, forget the numbers and just enjoy the machine. Remember, it is just a machine and has been purchased as a) A mode of transport, b)A form of driving enjoyment, c)A fanny magnet/penis extension/posing parlour.
Now, should I receive a windfall and purchase such a machine I would fully embrace the driving ethos, that I could guarantee. How would I react to the initial outlay doubling over 36 months? I don't know, maybe the numbers would control the lust for enjoyment - that seems to be the trend nowadays.
A message to those fortunate enough to own these machines - drive them, enjoy them, show them off to the petrolheads who admire but cannot reach.
I am a petrolhead who is unable to afford such luxuries as Ferrari/Lamborghini/Maserati but would love the chance.
I read this forum on a regular basis, get my fill so to speak.
My personal opinion would be to take the chance to drive every possible mile you could in your thoroughbred, forget the numbers and just enjoy the machine. Remember, it is just a machine and has been purchased as a) A mode of transport, b)A form of driving enjoyment, c)A fanny magnet/penis extension/posing parlour.
Now, should I receive a windfall and purchase such a machine I would fully embrace the driving ethos, that I could guarantee. How would I react to the initial outlay doubling over 36 months? I don't know, maybe the numbers would control the lust for enjoyment - that seems to be the trend nowadays.
A message to those fortunate enough to own these machines - drive them, enjoy them, show them off to the petrolheads who admire but cannot reach.
Scousefella said:
What a massive clusterf*ck this situation has become.
.
.
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A message to those fortunate enough to own these machines - drive them, enjoy them, show them off to the petrolheads who admire but cannot reach.
Fully agree with your view. Buy them, enjoy them. .
.
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A message to those fortunate enough to own these machines - drive them, enjoy them, show them off to the petrolheads who admire but cannot reach.
Buy old, tick of school boy crush and avoid depreciation
Buy new, enjoy the progress in time and accept the depreciation.
Simples
They are for driving. Remember that.
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