Enzo Market Value

Read the 'Fair Market Value' thread also in this section.
Personally I think Enzos are 600k sterling. That is for any of
them, if its got no miles on it that is just a shame for the last owner.
I wouldn't pay a premium for a car I then couldn't drive without knowing
'the value' was in the low mileage. Buy a used one and try not to pay more
than 600-650 sterling. They aren't worth more, the owners are not motivated
sellers and they are almost all on SOR and will probably never sell at their
listed prices.

 

A dozen Enzos advertised for sale, and that's just in Europe, and that doesn't cover all the cars that are unadvertised but available worldwide.

I'd say there are a lot of Enzos to choose from if you'd like to buy one.

 

The Enzos issue is that in all likelihood the F70 is going to be stunning in all repsects whereas to me at least, the Enzo was always an awkward looker and so it is going to be very much in the shade and prices will remain very soft.

 

That is true. It also has a very primitive and frankly rubbish gearbox that let's down what is otherwise a fabulous car. But, a car with such a glaring failing will always be hard to sell for top money.

The F70 has to impact the prices (or price expectations of existing owners) negatively. Let us face it, the 458 hasn't suddenly made people look back on the 430 anymore fondly. Expect the F70 to have the same impact and then some. The Enzo will likely look like a dinosaur. This is why you just can't go wrong with a manual. No one winges about the gearbox in an SWB!

 

You really can't compare the F430/458 market dynamic to that of the Enzo/F70.

The Enzo is the peak of technology for its time - and therefore a historically significant automobile. Not to mention the extremely limited production run.

Primitive and rubbish? Have you driven an Enzo (or an F40 or F50 for that matter)? You seem to imply that the Enzo is a blemish on Ferrari's resume. Au contraire!

Some people may sell there Enzos to get an F70, that's an easy concession to give - but there seems to be an increasing number of people who are holding on to multiple cars at that level and rounding out collections. I doubt there will be a huge dump of Enzos on the market.

Btw, love the 458 - but I can get a manual transmission in a F430, so yeah, the 458 actually does make me look back fondly at the F430.

 

He owns them.

 

If I'm not mistaken doesn't #11 belong to the Sultan of Brunei?

http://jalopnik.com/5828222/sultan-of-brunei-selling-exotic-cars-he-never-drove

With only 30 km wouldn't it scream trouble because of the lack of use and added maintenance costs?

 

Personally I like the gearbox in the Enzo for its hard shifting and sometimes making the car go slightly sideways. The new gearboxes all feel the same (from F70 to Nissan GTR). The Enzo has character. Maybe call it the last analog F1?

It's the old conversation about refinement. Does refinement make the car more fun and desirable?

It will be interesting to see if the F70's styling and smaller size steals the show away from the Enzo when parked side-by-side.

Looking forward to driving the F70.

 

Great - then why the hate for the car? Of course the F70 is going to be better. Every step from the 288 has been a huge leap, but that doesn't diminish Ferrari's best efforts in the line before . . .

If they could build the F50 in 1987, I'm sure they would have. The Enzo, in 1995, I'm sure they would. It was the best of its time and a game changer.

Imagine if the Enzo had the gearbox from the Carrera GT; oy.

 

Good F40s are coming up to almost double MSRP at 1,200 produced. With only 400 (documented) Enzo's, I would expect similar or better long-term trends. Same for F50 and even better for 288 GTO. Maybe good time to buy over the next year or two.

 

I disagree, I think it looks stunning and is one of the best looking cars ever made.

I also think that it's unique design will stop it from looking dated and along with it being an 'F' series ferrari, the unique shape will give it more inherent value and longevity.

 

+1,000,000 it looks better today than when it was originally released IMHO. The ENZO is fantastic in the looks department.

 

Different strokes...........IMHO the Enzo was genuinely most of the unattractive of Ferraris when launched and looks just as bad today, but thankfully aesthetics are a personal thing. The point is you cannot find such a division of feeling on the F40 which was and is a classic design. I accept that only 400+ were made but then only 700 proper Euro spec F40's were made and I know which I would prefer to have in my garage.

 

As you said Tim, different strokes, just stating my opinion as well.

 

I think a car like the Enzo will always hold its value and its value will largely be independent of other supercars. The people who own one are generally are collectors with multiple Ferraris, and clearly the Enzo was a milestone in Ferrari's production cars.

The other factor is that as "my generation" gets older, we will start to be able to afford high end vehicles like this. I was a teenager when the Enzo was unveiled and it will always be THE Ferrari to own for me. As excited as I am for the new F70, it won't top the Enzo in my want list.

Obviously some people feel this way about the F40, F50 and will feel this way about the F70 when it comes out. But there will always be a strong market for the Enzo for these reasons.



Also as a side note, I personally think the Enzo is absolutely STUNNING to look at in person. I still remember seeing Sergei Fedorov's Enzo for the first time.

 

Arguing over looks leads nowhere, but it is interesting to see how differently different enthusiasts see the same thing. I am one of those who has never warmed to the Enzo and I look forward to a return in the F70 to the organic and articulated forms of the traditional Ferrari. I think the Enzo is very industrial looking; yet it lacks the Bauhaus simplicity of say the Carrera GT. Ferrari seemed to want the car to embody the F1 look at the time, with fenders. But it ended up a poorly integrated design with awkward combinations of isolated curves, lines, and boxes.

There... I have offended all the Enzo-isti.

Merry Christmas

 

I know of one with 0 miles!!

 

Not even factory test miles?

 

Seeing an Enzo with 30/50 km on it just makes my heart bleed and actually feel a little sorry for its owner.

 

I couldn't agree with you more.

 

I don't hate the Enzo, I didn't say that! Personally, I just find that for the money the current owners are asking there are two many downsides to the car. Most notably the gearbox which for me just isn't good enough, the upshifts can be slow and clumsy. It only really works well when at flat chat, which is all well and good but how often is that (sadly) in a car as fast as the Enzo. The rest of the car is awesome. But for me, I am not going to write a 1m dollar cheque +++ when I have a fundamental issue with a major component on the car. I get why others do, it's just that I don't. We are all different.

Of course the market for 458 and 430 is different to that of the Enzo and F70 but fundamentally it's not that different. Not every analogy is exactly appropriate, but hopefully you understand what I was implying.

This is all completely subjective of course. We are debate all we like what prices will do, in reality we will have to wait and see. That is all I can say for certain.

 

And sorry yes I have driven an Enzo and just about every other significant Ferrari from the last 20y. I also happen to own an F40, F50, 288, 599 GTO, 275 GTB4 and 458. So whether or not you agree with me, I think I am entitled to an opinion given my experience and the fact that it is personal experience. I've also raced for years (not just plodding around at the back either) so I can drive cars properly. I don't just polish them and take them to events/shows. I care what these cars are like from a drivers perspective.

The F40 isn't perfect, far from it, but I still love it deeply. The gearbox on that car isn't its strongest feature, but I can forgive it because at least it is manual and I am in charge of it. There was no option at that time. But the changes are down to me, with the Enzo I just felt disappointed that the only thing I would really change about the car was the gearbox. The whole package just felt so modern and fit for purpose, with that one excpetion. Sadly time has only served to exacerbate that as the paddle shift boxes have improved. To be honest, on a road car, I would still take a manual no matter how good these new dual clutch units get. On the whole you have to drive pretty slowly, most of the time on public roads these days. We need more interaction and input with the car, not less. Driving in my mind, should require skill and be challenging. The modern gearbox goes against that. I understand why Ferrari and all manufacturers have gone that route, I just think it is a shame. Especially as with the Enzo for the reasons I have already given. To me, all modern Ferraris feel the same. The last of the greats for me are those like the F40 and F50, cars with soul and passion.

 

A nice post well worth thinking about. I tend to agree about the manual transmission, and will add that the last of the manuals are far superior in function to those of earlier eras. I owned a 512BB 5-speed, and it pales compared to our 3-pedal F430. Still I love my 458 also and relish driving both.

 

Any chance you'd care to tell us the serial numbers of those cars?

Also - if you don't mind indulging me - would you get an Enzo if you could somehow equip it with the software from the later SuperFast II gearbox? I know it's a given that you'd get one if it had a manual - I think a stick in an Enzo is so perfect, it's mere existence would probably tear a whole in the space-time continuum. But short of that miracle, I think SFII gearbox software would certainly liven things up a bit. I'm not a big fan of paddles either - I, too, believe road cars should all be straight shift, irrespective of dual clutch technology; but the most fun I've ever had with paddles was in :::gasp!: an Aventador.