Will RHD Speciales prices drop now?

Will RHD Speciales prices drop now?

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Discussion

TP321

Original Poster:

1,513 posts

205 months

Monday 23rd March 2015
quotequote all
Now that LHD Speciales are well under £190k?

GRBF430F1

4,843 posts

177 months

Monday 23rd March 2015
quotequote all
Supply and demand will dictate the price. They are no longer selling for premiums and personally I think they will start to drop if history is to repeat itself
Plan is still to pick up one of these beast in a couple of years time when they have bottomed out

MDahmen

7,177 posts

184 months

Tuesday 24th March 2015
quotequote all
GRBF430F1 said:
Supply and demand will dictate the price. They are no longer selling for premiums and personally I think they will start to drop if history is to repeat itself
Plan is still to pick up one of these beast in a couple of years time when they have bottomed out
not sure this will happen if this slightly crazy (my opinion) market holds. Of course if rates rise and we go back to a more "normal" market environment, I fully agree (as everything will drop, and imo especially these semi-collectable cars ala Speciale, Scuderia for Ferrari and newer GT3/RS models from Porsche).... also read some sour grapes as did not have the money to buy some of the cars I would like to own a few years ago and if markets continue as-is then they will forever be out of reach

Slickhillsy

1,772 posts

150 months

Tuesday 24th March 2015
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GRBF430F1 said:
Plan is still to pick up one of these beast in a couple of years time when they have bottomed out
It is very amusing that you put this at the end of every post you put. We get the message – little bit wearing now though... I've also noticed that you never post to any of the more technical / marque histrionics car threads (aka where values are not the main topic)...

Think this speaks volumes about what type of owner you are...

tony h

2,703 posts

253 months

Tuesday 24th March 2015
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tbf to him, both the cs and scud lost 25-30 % after launch . speciale is a whole nother price entry point so you'd expect a dip too

Slickhillsy

1,772 posts

150 months

Tuesday 24th March 2015
quotequote all
tony h said:
tbf to him, both the cs and scud lost 25-30 % after launch . speciale is a whole nother price entry point so you'd expect a dip too
Absoluetly agree, they all depreciate with exception of just one car (and thats one car to never drop below it's list price) and thats the P1 - it's just the 'oh I plan to get this and that' bore off nonsense - would be nice if he changed the record once in a while... sleep

Rocco1

3,081 posts

190 months

Tuesday 24th March 2015
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The speciale aperta will never drop below list!!

GRBF430F1

4,843 posts

177 months

Tuesday 24th March 2015
quotequote all
tony h said:
tbf to him, both the cs and scud lost 25-30 % after launch . speciale is a whole nother price entry point so you'd expect a dip too
Exactly, sorry if I only state the obvious but not everyone can see it. Market place and economy is definitely different to the 430 Scuderia times so I doubt we will see those % drops this time round but now Speciale premiums have been extinguished sales have picked up and new owners found for the cars ( and they won't all be keepers ) so there will be another wave coming along soon and that's when I see another dip probably September

Slickhillsy

1,772 posts

150 months

Tuesday 24th March 2015
quotequote all
GRBF430F1 said:
Exactly, sorry if I only state the obvious but not everyone can see it.
But the problem is you wont let us forget!!!!!!!!!!!!!! lol

"Plan is still to pick up one of these beast in a couple of years time when they have bottomed out" - yaddy yaddy yaddy...



ruebdo

291 posts

173 months

Tuesday 24th March 2015
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Only my opinion but I am not so sure.

When CS's and scuds are just about 220k, in most peoples view the Speciale is the better car. Yes, what is better, but look how many are trading out of scuds, RS's etc to be in one. Read the road tests etc.

Not that many made, quick, and good looking.

I agree the market is high but it has been for ages.

The ones on the market at present on PH have been for ages for reasons lots of us know why.

And the elephant in the room is the new 488. Sure it will be awesome. But, the Speciale is a pretty significant car being the last of the N/A Ferrari V8's.

Who knows. Just buy it and enjoy!!

neil-f

1,647 posts

214 months

Tuesday 24th March 2015
quotequote all
ruebdo said:
Only my opinion but I am not so sure.

When CS's and scuds are just about 220k, in most peoples view the Speciale is the better car. Yes, what is better, but look how many are trading out of scuds, RS's etc to be in one. Read the road tests etc.


But, the Speciale is a pretty significant car being the last of the N/A Ferrari V8's.

Who knows. Just buy it and enjoy!!
Agreed.
Never thought I would sell my CS, but after having a test drive of a Speciale there was no going back, and now I have the car I have no regrets they are awesome smile
If it depreciates so what I will have had some great fun in the process, if I need to sell the price will be what it is. I bought it to enjoy and drive not as an investment.

GRBF430F1

4,843 posts

177 months

Tuesday 24th March 2015
quotequote all
ruebdo said:
Only my opinion but I am not so sure.

When CS's and scuds are just about 220k, in most peoples view the Speciale is the better car. Yes, what is better, but look how many are trading out of scuds, RS's etc to be in one. Read the road tests etc.

Not that many made, quick, and good looking.

I agree the market is high but it has been for ages.

The ones on the market at present on PH have been for ages for reasons lots of us know why.

And the elephant in the room is the new 488. Sure it will be awesome. But, the Speciale is a pretty significant car being the last of the N/A Ferrari V8's.

Who knows. Just buy it and enjoy!!
The 458 Speciale is an awesome car and miles better than the Scud and CS dynamically but so are many other cheaper supercars so its not just about performance, mileage and age. Its about supply and demand, rarity and timing.
The 2 limited edition Ferrari's, CS and Scud, are at a high and owners who have made a good return are seizing the opportunity to trade out into a "better" regular production car they can actually drive without fear of the mileage whilst the others are becoming part of a rich persons collection.

TP321

Original Poster:

1,513 posts

205 months

Tuesday 24th March 2015
quotequote all
OK - All valid points, but how does a £190k LHD Speciale compare with a £250k RHD Speciale? Will the RHD drop as a result of the stronger pound?

MDahmen

7,177 posts

184 months

Tuesday 24th March 2015
quotequote all
GRBF430F1 said:
ruebdo said:
Only my opinion but I am not so sure.

When CS's and scuds are just about 220k, in most peoples view the Speciale is the better car. Yes, what is better, but look how many are trading out of scuds, RS's etc to be in one. Read the road tests etc.

Not that many made, quick, and good looking.

I agree the market is high but it has been for ages.

The ones on the market at present on PH have been for ages for reasons lots of us know why.

And the elephant in the room is the new 488. Sure it will be awesome. But, the Speciale is a pretty significant car being the last of the N/A Ferrari V8's.

Who knows. Just buy it and enjoy!!
The 458 Speciale is an awesome car and miles better than the Scud and CS dynamically but so are many other cheaper supercars so its not just about performance, mileage and age. Its about supply and demand, rarity and timing.
The 2 limited edition Ferrari's, CS and Scud, are at a high and owners who have made a good return are seizing the opportunity to trade out into a "better" regular production car they can actually drive without fear of the mileage whilst the others are becoming part of a rich persons collection.
I would rather buy a Scud than a CS as I buy cars to drive lots of mileage and in that case the newer (usually) the better. But having said that, I think in the long run the CS will hold value better
- first of the breed,
- prettier in most peoples' opinion,
- speed becomes less and less relevant the older the car,
- fewer cars built I think (might be wrong on this one),
- the Scud might be caught in the middle between the 2 prettier cars (which are the first and the last of this generation of cars now that the new one will be Turbo)

Now that I have a car with a manual transmission (was a priority), I would love to buy a CS for weekend driving - maybe would even be sensible and limit myself to say 8-10k km per year to keep mileage from going stratospheric. Unfortunately now there are no more cars available at the prices from 6 months ago (there was an amazing silver CS for sale for about 95k euros - would love that)

sorry for going off-topic a little ....

tony h

2,703 posts

253 months

Tuesday 24th March 2015
quotequote all
last time I checked neither cs or scud was 220k

ruebdo

291 posts

173 months

Tuesday 24th March 2015
quotequote all
GRBF430F1 said:
The 458 Speciale is an awesome car and miles better than the Scud and CS dynamically but so are many other cheaper supercars so its not just about performance, mileage and age. Its about supply and demand, rarity and timing.
The 2 limited edition Ferrari's, CS and Scud, are at a high and owners who have made a good return are seizing the opportunity to trade out into a "better" regular production car they can actually drive without fear of the mileage whilst the others are becoming part of a rich persons collection.
Lots of factors involved here hence why I think they will do OK. Know body knows, lets wait and see. I am glad I didn't follow the financial advice by many on here when I bought my 964 3.6 turbo RHD for 75k 2 years ago. Many comments about overpaying, collectors, market crash etc.

Regarding LHD. It makes loads of sense to buy one. Personally to me, I don't go to Europe enough and I don't want a LHD car so even if it was half the price it would not interest me.

AmoCS

1,151 posts

226 months

Tuesday 24th March 2015
quotequote all
ruebdo said:
GRBF430F1 said:
The 458 Speciale is an awesome car and miles better than the Scud and CS dynamically but so are many other cheaper supercars so its not just about performance, mileage and age. Its about supply and demand, rarity and timing.
The 2 limited edition Ferrari's, CS and Scud, are at a high and owners who have made a good return are seizing the opportunity to trade out into a "better" regular production car they can actually drive without fear of the mileage whilst the others are becoming part of a rich persons collection.
Lots of factors involved here hence why I think they will do OK. Know body knows, lets wait and see. I am glad I didn't follow the financial advice by many on here when I bought my 964 3.6 turbo RHD for 75k 2 years ago. Many comments about overpaying, collectors, market crash etc.

Regarding LHD. It makes loads of sense to buy one. Personally to me, I don't go to Europe enough and I don't want a LHD car so even if it was half the price it would not interest me.
Interesting on the 964 3.6T, I recently posted in the Porsche section on prices as one up for sale now with POA. One of my top cars biggrin

Johnnyforeigner

218 posts

150 months

Tuesday 24th March 2015
quotequote all
They should follow the standard pattern, but then there's a few factors that might keep values up, and in the current market, who the fk knows.....?
For me the I'd always go for a RHD so LHD prices don't come into the equation.

I'm another that swapped out of a CS/Scuderia that I'd had for a few years and loved but I haven't looked back. The Speciale is a fantastic thing, and if it follows the trend of the more modern performance cars, it should be less mileage sensitive the it's predecessors, I honestly don't know how many miles mines done right now.

With Speciales still being delivered it's a guess to say what prices will do when they're all on the road, but looking at where it's priced now in relation to a good CS or Scuderia, it's an absolute bargain.

cc8s

4,220 posts

210 months

Tuesday 24th March 2015
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GRBF430F1 said:
The 2 limited edition Ferrari's, CS and Scud,

boxerTen

502 posts

211 months

Wednesday 25th March 2015
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Seems to be rather a lot of F40s for sale at the moment - or is that number normal?