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Are 50k TR's in our near future??

Discussion in 'Boxers/TR/M' started by gsworld2014, Jan 29, 2016.

  1. Newman

    Newman F1 World Champ
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    Dec 26, 2001
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    Having owned hemi and sixpack cudas / roadrunners and many other mopars I can say they ain't worth it! Cool yes but you certainly dont get what you pay for. I want a superbird, its on my bucket list but I have a feeling that once the novelty wore off I would ask myself what have I done? Probably happen the first time I applied the brakes trying to predict which way it was going to veer.
     
  2. boxerman

    boxerman F1 World Champ
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    Easy to clone. Somehting they actualy built thousands of, just this arcane rarity based on engine spec. Its esoteric, but applicable to collectors, so there is value to be derived on cars that never get driven.
     
  3. paulchua

    paulchua Cat Herder
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    #78 paulchua, Feb 1, 2016
    Last edited: Feb 1, 2016

    Hi Greg,

    I believe the negative responses you received from your question is due to much of the asshattery we've seen on these boards of late (Super_Dave) I believe you that you meant no insult and your query were is a serious one. Ttforcefed, a long time member, has been dealing with a lot of goofy members recently. Hopefully, this provides some context for the strong exchange.

    I think one has to exercise caution when prognosticating negatively the value of what others cherish and own. No doubt you are very entitled to your opinion and thoughts, this is, after all, a public forum. However, you should expect strong opinions if one espouses a negative point of view in a forum topic dedicated to that asset.

    You may very well be 100% correct, that the TR is destined to be a 50K car. The same way I could be correct that the Broncos will win the Superbowl, but if I post my Bronco prediction of an impending blowout in a Panther's superfan forum, I think you can predict the experience I will receive.

    Cheers and be well.
     
  4. CornellCars

    CornellCars Formula 3

    Mar 24, 2005
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    This is a false data point, at least to date - the muscle car run-up was largely driven by Helocs, free money which guys who had owned their homes for decades suddenly "discovered" was available to them. The increase and subsequent "collapse" of 10-15% of high values was driven by OPM. In the Ferrari case, speaking for myself, of the nearly 200 Ferrari's we've sold over the past couple years in this market, if memory serves, somewhere between 3-5 were financed, the rest were paid with cash, with the bulk of them being sold to end users, not dealers. It's not the same situation, and it's certainly not the same players.
     
  5. SimCity3

    SimCity3 Formula 3

    Quality contribution :)
     
  6. ttforcefed

    ttforcefed F1 World Champ
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    the man is smart and poetic, unlike myself
     
  7. ttforcefed

    ttforcefed F1 World Champ
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    interesting data point especially given your line of sight - wld have never thought there wld be such a difference.
     
  8. tf308

    tf308 Formula 3
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    Was this all based on the silver TR at RM?

    I am not trying to insult anyone (or maybe I am missing something) but I looked at that car in person at RM.

    It had really funky 288/dino seats in it. I never thought Ferrari even offered these for the TR. My feeling after seeing it was that it would not bring good money. I was amazed to see what it sold for. I thought it was high for THAT car. Just didnt seem fully original.

    That is my two cents if this car is being used as some type of signal.
     
  9. paulchua

    paulchua Cat Herder
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  10. godabitibi

    godabitibi F1 Veteran

    Jan 11, 2012
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    One thing I know for sure, if they ever come down to 50K again I buy another one. No matter their future value.
     
  11. jgmblair

    jgmblair Formula Junior

    May 27, 2010
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    I'm pretty sure the heading to 50k by the end of the year ;) according to my crystal ball and the experts on fchat! You should really buy the right one this time black with one mirror


     
  12. gsworld2014

    gsworld2014 Formula 3

    Dec 23, 2014
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    We cannot be sure but I would think so.. The title was a bit of an exaggeration but it definitely stirred up some discussion
     
  13. gsworld2014

    gsworld2014 Formula 3

    Dec 23, 2014
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    Paul I see your point. Maybe the 50k mark struck a nerve, I just did not think there would be such a negative response based on a dollar figure. I can see if I said a TR is POS,(which I do not believe for the record).
    Anyway I'll keep that in mind next time. I love everything Ferrari so I would not purposely start an argument. That being said I did not appreciate some of the demeaning comments but it is what it is.

    Thanks for the reply I think you get my intention. Have a good night
     
  14. gsworld2014

    gsworld2014 Formula 3

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    Definitely
     
  15. boxerman

    boxerman F1 World Champ
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    Its the same game plan, and where did the cash come from. Its market gains for many driven by fed policies. Like any number of other asetts collector cars will be affected by what is going on.

    The auction houses are now playing ferrari instead of detroit iron.'

    None of this is exact. Like history it does not repeat exactly but it rhymes.

    No market goes up forever, especialy ones that rise fast, and markets especialy cars are cyclical.

    Yes some cars will continue to appreciate.
     
  16. godabitibi

    godabitibi F1 Veteran

    Jan 11, 2012
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    I promess if you can find one for me at 50 I'll buy it. Black monospechio ;)
     
  17. dwhite

    dwhite F1 Rookie

    IMO, The problem with the persons post is that he keeps stating something without any real valid points for such a huge market correction. It's just a rediculous satement, without merit. Who is selling something they recently acquired at a significant loss, if that sale is not necessary.

    The hypothisis is even more blow away as sellers were not willing to sell at much higher values than the one premissed. If the market was in a freefall, which it would need to be, to reach the levels of his premiss, than you would see sales at significantly lower numbers. Until there is a flooding of the market from paniced sellers, I don't see this senario.

    I don't own a TR of any varient, but if I did I would not really be concerned over $150,000 - $200,000, turning to $50,000. And more importantly, I trully don't believe anyone with the wherewithal to make that purchse is either. It would only be folks who were totally leveraged and in way too deap in speculation. I don't see it.

    I guess that the 39 GTOs will be back at 15 million as well. Don'hold your breath.
     
  18. gsworld2014

    gsworld2014 Formula 3

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    39 GTOs ... 10000 TR, 512.. Big difference. The person is me and the 50k number did exactly what I wanted it to, spur conversation regarding what the market is doing. A lot of the TR's for sale are at dealer lots, dealers are buying them up in hopes they escalate in value, the last two years one of the local dealers had 3-5 at Cavallino just trying to get platnium so they can advertise them for sale with Cavallino platnium. When dealers/ speculators are doing things like this and paying premium they have to make a profit and move he cars.. If the cars sit too long they lower the prices..to move inventory. Normally the dealers are leveraged big time. My point was simply to ask the question, as the auction house estimates are not being met will people get nervous (not the owners on here that enjoy Ferrari) will they continue to sell at a lower price until we are back to prices from a few years ago.
     
  19. 88Testarossa

    88Testarossa Formula 3

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    You nailed it. Nice post.


    Sent by incredibly fast electrons
     
  20. Super_Dave

    Super_Dave Formula Junior

    Oct 6, 2014
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    $50k testarossas (for good condition examples) are about as likely as these cars going for $200k+ in a year from now. If the correction accelerates, all bets off, of course, but that would represent "fear pricing" like today's (yesterday's?) pricing reflects "greed pricing".

    Two sides of same coin and both are in a sense "fear". Fear of market continuing to rise (and missing the boat) vs. fear of prices spiraling down (and catching a falling knife).

    Anyone who gets upset at posters for providing alternative views, should consider that the advice or views are free, and so people can ascribe just as much value to them (nothing) if they so choose.

    For others that choose (or chose) to hear all sides and make their own informed judgments, perhaps some value has come from those other perspectives after all?
     
  21. Meister

    Meister F1 Veteran
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    you guys also realize that it's the middle of WINTER... Prices tend to soften a little and sales slow due to inactivity. No reason to go running around yelling the sky is falling.

    TR's have recently gone from aging exotic with high maintenance cost to classics exotic worthy of aforementioned costs. They will be hard pressed to get back to $50k and they will settle into $85-$120k for a long time.
     
  22. vincenzo

    vincenzo F1 Rookie

    Nov 2, 2003
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    sure would like to see folks back up these low dollar claims.

    show me a 'good' TR that sold for less than six figures.

    salvage cars are irrelevant.

    rgds,
    Vincenzo
     
  23. vincenzo

    vincenzo F1 Rookie

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    #98 vincenzo, Feb 2, 2016
    Last edited by a moderator: Sep 7, 2017
  24. DanielG

    DanielG Formula Junior

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    #99 DanielG, Feb 2, 2016
    Last edited: Feb 2, 2016
    Just for kicks and giggles, I did a 20 second online search..........
    43 million people from the ages of 45-54..........imagine? How many posters on there high school bedroom walls.....wow....that's a lot of posters.

    39 gto's vs 10,0000 TR's.......hm.....how many of you had GTO posters? not me.
    Imo the GTO is the holy grail, but out of the 43 million I'm right there of no way could ever afford it. But I can afford a TR.

    And in regards to 50k TR's it will never happen, ever. IMO.
    So you ask why are they not selling fast, why does it take months and months to sell a TR?
    Simple, in no particular order,
    It's winter
    TR's were 65-105 not long ago ( and were way under value at that time) an obtainable price point for most, so they sold quick back then
    Now TR's are 105-300 plus, any normal person would hesitate at the new normal price and it will take time for the general public to grasp the undeniable reality
    that a 12 cylinder super car should never been as low priced as they were. It is a thing of the past.
    When spending over 100k for a purchase of anything, due diligence will always take time.
    65 k for some reason psychologically for me, I would write a check and not think twice, I'm weird. But not over a 100k.

    So 43 million potential buyers, 10,000 total units(probably 6000 left +/-) equals staggering possibilities of supply and demand for the age group of poster kids. Not to mention the other 106 million that are in the age groups for being able to afford the cars.

    Oh....WAIT......How about the same age group for the rest of world?
    So How Many Millennials Are There in the US, Anyway? (Updated)

    Just saying as an affordable car as exotic cars go.....There's a whole lot more buyers than cars.
     
  25. notenuphstuph

    notenuphstuph Formula Junior

    Apr 29, 2008
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    Ivor Hewjun
    I for one can't wait till they hit 50k. I'll be in for at least 2 may even push for more ����
     

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