Joe did comment on your example and re-posted his comment. I agree with him. The Supra is in a bubble to get to near 200k. You can right now import a low mileage Japanese-market RHD Supra for under 6 figures. But a couple crazy people with a lot of money decided to want that particular one at that price...it's not a representation of all of them or even that same car on a different day.
Perhaps you know different Ferrari people from the ones I do, nobody I know thinks they have anything to do with each other, perhaps the ones I know are more observant & knowledgeable, I'm not sure, but I'm confident more than just 272 Ferrari people will disagree that the 288 GTO looks anything like a 308 or 328. As I said, "It looks nothing like a 308 or a 328, the occasional dismissive statements that are made by some in that vein only speak to a lack of appreciation for design shapes, lines, stance and specification. A 288 GTO can be spotted from a great distance with it's unique wide & muscular shoulders, flying flag mirrors and quad driving lamps, in fact it looks like no other Ferrari." Not only that, the 288 GTO, is a completely different chassis, suspension, engine and composite body, a different concept altogether and much more besides, all of which I uncovered after years of research for my book on the GTO. There's a reason why some astute people pay $2.5m - $3.5m or whatever the current price is for a 288 GTO, relative to what they'd pay for a 308/328. Worlds apart.
yes joe, we do understand that the 288 and the 308 are not the same car. but to deny that the 288 exterior design is not derivative of the 308 is false. that is the only point we were making.
Why aren't Daytona's valued at a million vs. $600k and a 275GTB is $2MM; just ballpark. I think the production run plays a substantial part. I think 1,300 F40s lowers the price but makes them more affordable to be enjoyed. I'm happy to own an F40 but would not pay $2MM for one today.
F40's will be $2-3mm someday, but 288's and F50's will be $5-6mm. All the current run of "special editions" will depreciate.
I don’t see the f50 being that high. It never was what the f40 was, it never led the pack for as long, never won anything and was not super well received by journalists... I think it’s as high as it goes. Sent from my iPhone using Tapatalk
there are other factors at work ? everything i have seen is that the f50 < f40 in any and all metrics outside of production numbers and pricing my 75 year old mother. i long time ferrari customer and 328 owner would look at a GTO and say nice 328. so i'd say 10/10 on that....
As an owner of both, it is like being asked to pick among your children. The F50's headline numbers were not a huge step forward from the F40, but the driving experience is the best I have encountered in an analogue car. And in a real world environment such as on a mountain pass, the V12 behind your back is truly special and it is, at least in my hands, quicker. That it is an under appreciated car is only a positive to those who wanted to experience it. On a historical note, for the past 15 years or so, at least in Europe, the F50 has traded around 40-50% higher than the F40, and hard to see it changing. All down to relativity as Rob says.
Have to disagree with you here Joe, the GTO has a LOT of similarities in looks to the 308. The untrained observed can't tell the difference between the two (not that anyone cares). But it DOES look like it somewhat.
Nope that the special series all depreciate. I cited two examples where that hasn’t happened. And , oh yeah, the 16M.
the special series were more special then though, this ties in about perfect with the GTO/F50/Enzo vs. F40 contrast.
the special editions may not hold their high water marks, but they will most assuredly continue to be worth more than MSRP. they did drop, i bought my cs for less than msrp, and sold it for even less (stupidly), but now that it has gained notoriety, it will no likely drop back below msrp. same for the scud and the speciale. what i do wonder about though are some of the pseudo special editions that the factory seems to be producing on a weekly basis these days...... how can a pista instantaneously be worth 2x sticker? same for f8 and same for the sf90..... i understand that wealthy collectors want to own the latest shiney object from modena, but i wont be one of them.
this is the key. i call it the stack. all ferrari models have their spot in the stack, and each time one of them changes, all the others have to be reevaluated again. but that is also why i started the thread. the f40 is still around the 1-1.5 mil area, where it was when the 288gto was maybe 1.4-1.7, and the f50 was in the 1-1.5 area, and then suddenly the latter two took off and gained a mil, whereas the f40 did not. this is why i think the f40 is going to surge at some point - the relativity in the stack has been disturbed.
that's what I'm talking about too, the late model "special editions". they will all sell for high MSRP's from the dealer, they will always have a period where they sell higher than MSRP aftermarket, what will they do long term?
Maybe the correct title of this thread is "The F40 should be worth more than a GTO". The GTO always lagged behind the F40. Now it doesn't. Things happen, tastes change, what once was old is new again. And 308 or not, the GTO is one of the best looking modern Ferrari's ever, it's rare for a modern car, and collectors of the super cars want it as part of their collection. What'a gonna do? No matter, the F40 is and will forever be an iconic car. Whatever the price. -F
we'll see long term. they make many more of them all together than the CS/Scud plus EVERYONE is producing special edition exotic cars these days. doesn't really matter much your situation buying from the dealer MSRP. you have to then agree those that buy aftermarket for a few hundred over will take a depreciation hit. however, the value of your car isn't market, it is MSRP unless you plan to flip and get out of the game.
At our 2009 288 GTO Reunion, Fioravanti gathered us around and talked us through the conception of the car, he said the GTO was a clean-sheet-of-paper car which wasn't a derivative or had anything to do do with the 308. That's good enough for me. You'd better look after that F40 Drew or I'm coming down there to take it back I'm good your suggestion that the untrained can't tell the difference. I think that anyone who is a Ferrari enthusiast can and views them as quite different, and they're who I'm considering. Non-car people probably couldn't tell the difference between an F40 and an F50 either, they're both red with wings...
