bony said:
Bony,
We hope you're never guilty of not exercising Keeley, least you need everything replaced . . .
Barrett Jackson looks down the road at collector cars.
- Thread starter Blue Moose
- Start date
Bony,
We hope you're never guilty of not exercising Keeley, least you need everything replaced . . .
griffbl
GT Owner
Price Appreciation
as has been said, collector prices peak when the generation that wanted them, can now afford them......happens in EVERY collectible asset class...firearms, autos, you name it. I think, that for our GT's, to quote Pogo, "I have seen the enemy, and he is us"....meaning WE are the generation to afford the GT when we lusted after them when we were younger....don't bet on this accelerating down the road AGAIN! Just enjoy the car, and if it does ok down the road in appreciation, it is all good, but I agree with others that the chances are not good....
as has been said, collector prices peak when the generation that wanted them, can now afford them......happens in EVERY collectible asset class...firearms, autos, you name it. I think, that for our GT's, to quote Pogo, "I have seen the enemy, and he is us"....meaning WE are the generation to afford the GT when we lusted after them when we were younger....don't bet on this accelerating down the road AGAIN! Just enjoy the car, and if it does ok down the road in appreciation, it is all good, but I agree with others that the chances are not good....
SuperB
Board of Directors/Owner
griffbl
GT Owner
Production numbers of other Exotics
I know they are very different cars, but can anyone give me an idea of what production numbers might look like for say, Ferrari 430's? Just trying to see how other exotics compare to our 4k and change.....
Griffbl
I know they are very different cars, but can anyone give me an idea of what production numbers might look like for say, Ferrari 430's? Just trying to see how other exotics compare to our 4k and change.....
Griffbl
EasyEric
GT Owner
According to the Ferrari chat website ( http://www.ferrarichat.com/forum/printthread.php?t=40129), 11,273 355s were produced and "...well over 11,000 360 Modenas". Others on the same thread say that 9900 360s were produced up to September, 2004.
Don't know about F430s yet.
Eric
Don't know about F430s yet.
Eric
B O N Y
MODERATOR & FGT OWNER
EasyEric said:
The only Ferrari's that appreciate are the hand built cars, F50's, F40's and earlier. 360's are tanking like a used Saturn.
The Ford GT may appreciate, but I will be told old to realize it. Minimum of 30 years. They made way to many of the cars to become collectables. The question is how the car will depreciate.
EasyEric
GT Owner
The F355 was an improved 348 and the F360 was an improved F355, and the F430 is an improved F360...et cetera.
The one thing the GT has in it's favor is there are no plans for an "improved' GT.
eric
The one thing the GT has in it's favor is there are no plans for an "improved' GT.
eric
Bony,
I think you are correct that the GT may appreciate. I do not think Ford made too many to become collectable.
There have been many cars built that do not have the story of the GT and have had moderate-good appreciation over the years.
I will use the Ford (DeTomaso) Pantera for example.(I think this is a very middle of the road example in what could happen to the GT). http://www.panteraclub.com/pantera.htm
http://www.dealsonwheels.com/search/detail.aspx?id=000027-200608-000007
1)Imported by ford for 4 years '71-'74.
2)Aprox. 5500 imported during those years.
3)Base price $10,000-$12,000.
4)Was built for a total of 25 years.(including the imported by Ford years, which would make the total number of cars available much greater and could have diluted the market).
5)Todays prices: $20,000-$50,000.
The pantera is a fantastic car but never gained the excitement from the public/owners.It is also a hybrid.Italian coach works and American engine, which is said to be the reason the Pantera never became highly collectable.The automobile community could'nt determine if it was Italian or American but,look at the prices they command today, 100%-500% over new.
I'm not expecting anything like this to happen. I believe you will get all the driving thrills you want for 10-15-20 years with at LEAST a money back guarantee and thats not a bad deal! :cheers
I think you are correct that the GT may appreciate. I do not think Ford made too many to become collectable.
There have been many cars built that do not have the story of the GT and have had moderate-good appreciation over the years.
I will use the Ford (DeTomaso) Pantera for example.(I think this is a very middle of the road example in what could happen to the GT). http://www.panteraclub.com/pantera.htm
http://www.dealsonwheels.com/search/detail.aspx?id=000027-200608-000007
1)Imported by ford for 4 years '71-'74.
2)Aprox. 5500 imported during those years.
3)Base price $10,000-$12,000.
4)Was built for a total of 25 years.(including the imported by Ford years, which would make the total number of cars available much greater and could have diluted the market).
5)Todays prices: $20,000-$50,000.
The pantera is a fantastic car but never gained the excitement from the public/owners.It is also a hybrid.Italian coach works and American engine, which is said to be the reason the Pantera never became highly collectable.The automobile community could'nt determine if it was Italian or American but,look at the prices they command today, 100%-500% over new.
I'm not expecting anything like this to happen. I believe you will get all the driving thrills you want for 10-15-20 years with at LEAST a money back guarantee and thats not a bad deal! :cheers
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