is the bubble due to burst? | Page 145 | FerrariChat

is the bubble due to burst?

Discussion in 'Vintage Ferrari Market' started by PFSEX, Jan 18, 2013.

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  1. donv

    donv Two Time F1 World Champ
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    The latest 365GT made $160k, RNM... sadly, I think $160 is pretty close to market today. But yesterday a beautiful 400 automatic made $46k (and still didn't make reserve)!
     
  2. readplays

    readplays Formula 3

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    Great early history- but if you want to make it right, that will require at minimum; new rear clam, rear wheels, full respray to original light blue.
    Those items have to add up to a hefty discount to whatever 'market' is these days.
     
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  3. 375+

    375+ F1 World Champ
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    UK market was weak prior to Covid 19. RHD and the mods add up to a 30-50% haircut(btw I need one).
     
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  4. readplays

    readplays Formula 3

    Aug 22, 2008
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    I wasn't going to say anything.
     
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  5. donv

    donv Two Time F1 World Champ
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    It will be really interesting to see how the C/4 on BaT does. I would be a bit surprised if it breaks $200k, and I would also be a bit surprised if the reserve is less than $200k. It looks like a very nice C/4, aside from the color.
     
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  6. LVP488

    LVP488 F1 Rookie

    Jan 21, 2017
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    The funny thing is that, in this bleak environment, we're still at prices higher than in 2013 when nobody was mentioning a crash... to me it's telling how disconnected from reason the bubble of 2014-2016 has been.
    And I'm still dreaming that prices will come close to the 2013 ones ;)
     
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  7. TerryG!

    TerryG! Karting

    Feb 12, 2017
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    Bas and amenasce like this.
  8. miurasv

    miurasv F1 World Champ

    Nov 19, 2008
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    Sold on the 6th of March.
     
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  9. readplays

    readplays Formula 3

    Aug 22, 2008
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    Agreed that you certainly don't need to return it to stock- I suppose it could be considered Koenig-collectible by some.
    The point I was making earlier was IMO it's not a good general indicator of Boxer prices because it would cost a not small sum to return it to stock.
     
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  10. turbo-joe

    turbo-joe F1 Veteran

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    why return it to stock? I see no reason to do so
    have a koenig BB carb by myself and would never return it to stock.
     
  11. 375+

    375+ F1 World Champ
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    The market has spoken.
     
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  12. readplays

    readplays Formula 3

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    I was actually thinking of you when I wrote this, Romano :cool:
     
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  13. TerryG!

    TerryG! Karting

    Feb 12, 2017
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    Perhaps I should add that I live in the RHD part of the world.
     
  14. hagen111

    hagen111 Karting

    Feb 25, 2006
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    Old info from 6th of March, not a reference car. Which market has spoken?
     
  15. 375+

    375+ F1 World Champ
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    The market for bastardized RHD 512 BBs—that market.
     
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  16. TTR

    TTR F1 Veteran
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    #3617 TTR, May 15, 2020
    Last edited: May 15, 2020
    But is it fair or even reasonable to call or consider it a "market" ? How many serious buyers or examples of available cars would you expect currently to be on this "market" ? A few ? Dozens ? More ?

    BTW, has anyone determined when this "bubble" is going to burst, or has it already ?
    No one really needs to reply, as I find these types of pointless debates something I mostly grew out of by the time I left kindergarten.
     
  17. stever

    stever F1 Rookie
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    Geeze, how many years were held back? :)
    Methinks you might be exaggerating.....
     
  18. TTR

    TTR F1 Veteran
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    #3619 TTR, May 16, 2020
    Last edited: May 16, 2020
    You might be right.
    Maybe this was still played in elementary school, but by 7th or so grade, we've already moved on to practicalities of life like fixing (and eventually driving) cars, drinking, smoking, sex, etc and endless disagreements of "bubbles", whether Elvis or his dog was gay, etc were considered needless waste of time ? ;)
    OTOH, since I didn't go to High School or beyond, perhaps I just never learned the importance of these debates ? :(
    Same with all those "My new car has so much more HP than...", "My truck has bigger wheels than... !" or "My bubble is more likely to burst than...", etc... :rolleyes:
     
  19. Smiles

    Smiles F1 World Champ
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    Elvis’s dog was actually a homeopath.

    This has been a cause of a lot of misunderstanding.

    :)

    Matt
     
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  20. TTR

    TTR F1 Veteran
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    Damn ! You just bursted my bubble ! :(
     
  21. Texas Forever

    Texas Forever Seven Time F1 World Champ
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    I just saw it today. It is a nice car.


    Sent from my iPhone using FerrariChat
     
  22. amenasce

    amenasce Three Time F1 World Champ
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    Joe Mansion
    I love that BB.
     
  23. italiancars

    italiancars F1 Rookie

    Apr 18, 2004
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    No one can deny that the general market has been in a decline for a number of years. But Given the current situation in the world with the virus, economic, and political the direction of the market won’t be known until Scottsdale 2021.

    Contrary to the belief that it a world market, it is still based on what happens in the USA and the rest of the world follows. 3 questions in the fall will have to be answered. 1) does another round of the virus reappear? 2) Does the USA economy recover and continue with an upward trajectory? 3) who wins the November US Presidential election?

    Once those questions are answered only then will we possibly get a true sense of the direction of the market. Of course if you Have strange combination of answers to those questions or throw in another Black Swan event we could be asking a new set of questions waiting on Monterey 2021.
     
  24. donv

    donv Two Time F1 World Champ
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    C/4 on BaT just sold at $218k. That's a healthy price for a C/4. I was surprised it broke $200k.
     

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