I personally like the car alot but i think its the combo of miles, color, and leather. If it had a red alcantara interior it wld be easier to sell
The market is curious right now. People seem to have excitement for cars that have sat and rotted, rather than ones that have been driven, cared for and actually work properly. I'm in no real rush. If it doesn't move, I'll take it off the market and increase the price in 6 months. It's too nice of a car.
I appreciate low miles and try to buy cars with relatively low miles, but this Ferrari miles thing is truly nuts. Only on planet “F” is a 15 year old car with 20k miles considered high miles !
its not about the absolute miles obviously - 20k is alot relative to the CS peer group, so it impacts price. just the way the market is. not right or wrong.
IMO, Ingenere’s car being represented by YC left money on the table. Had it been listed privately, I’m guessing it would have fetched a decent chunk more, especially since he’s a long term and knowledgeable owner. Im sure I’m not the only one who is completely put off by YC.
Seems these days my rosso scuderia CS with 44k miles is worth $100k. Guess Ill keep enjoying it. -Matt
The owner tried to sell it privately for some time. I suppose some might quibble with his approach in that too. However, I went thru trying to sell one of these (vs. reading the interwebs) and I've posted my educated pov on the market earlier in the thread. "Higher mileage" (sadly and absurdly anything over 10,000 for the most part) CS's are a hard sell at almost any price due to the small market and the other driving options available for same level of money from Ferrari and others. It takes ages to sell one and prices are what they are. That car sold for market after getting a lot of exposure +/-. The market is not precise for such a "one off" and limited market (there are no comps for that car with that color and that mileage, etc). My red, factory striped, 20k mile car took over 2 years to sell and went for $185k. So, to my eye, 165k for a non-resale red (private opinions on the color notwithstanding), non factory stripe car is more or less what I expected. Could it have been a bit more? Who the hell knows (well, actually, none of us do), but the car was marketed for a longish period over the summer and got what it got. (btw - i'm sure there are some other threads on topic where you can post your opinion on the sponsor here that got Dino's car sold in the end, rather than bring it here. For the folks that are bothered by him, there are several that have the opposite pov.) As for Dino's asking prices when private, I suspect many others - like me - knew those were "aspirational". Based on several actual sale prices over the past 2 years, I thought this was a ~$170k car from the start (+/- 5%). Which is where it ended up. This market isn't that tough to follow, the answers have been posted here before. The only place it gets wonky is for sub 5k mile collector cars which can go high and wide range. There are very, very, very few of those sales post 2015. (and storied cars of course where sometimes buyers are not aware and sometimes they are and the prices can vary widely based upon that fact)
^^^ Can't believe it took you two years to sell your car. That seems crazy to me with the specs you mentioned - not that I follow CS's carefully, but I do love the car. MDS
Image Unavailable, Please Login . We’re somewhere between capitulation and despair. Luckily I love the ones I own for long term enjoyment.
I don’t usually offer my commentary but having recently offered up my CS exclusively through Andrew in the private market I was surprised by the limited interest in a sub 5k collector showpiece. No it’s not a striped car but in my opinion I love the”cleaner” look of the car and realize others share my opinion. There are not many examples remaining in my showroom condition. I don’t understand the market. The CS has a cult following and the first challenge car brought to the market. At some point every Ferrari collector is going to want one in their collection. It represents a new movement with Ferrari bringing the race version of their car to the streets. With the limited number of this car produced it will continue to go up in value. I predict a seven figure car in the next 20 years. Until then I will continue and enjoy what I believe to be one of the cleanest examples remaining.
I like that chart, but I think we are at the “return to the mean” point. The peak was very short and happened in 2015. Some people just didn’t get the memo. (Me included when I first listed my car in the spring of 2016 for $229k)
