“These things are so much like corvettes these days”

Discussion in 'General Automotive Discussion' started by Husker, Apr 8, 2021.

  1. intrepidcva11

    intrepidcva11 F1 Rookie

    Jan 12, 2009
    Saratoga Springs NY
    Full Name:
    Right on ...........I paid $25,000. in 1978 for my first (pre-owned) 1967 Ferrari 330/365GTC speciale, another $25,000. for total mechanical restoration, $9,000. for metal-up custom lacquer exterior and $2,000. for new Connolly leather interior. She was sold in 2007 at Gooding's Pebble Beach auction for $345,000. + buyer's commission, resold in 2009 at Bonham's Scottsdale Auction for $800,000. + buyer's commission.

    I've also had an F355 berlinetta that I sold after less than a year's ownership (too many cars) for $10K more than it cost me.
    Husker likes this.
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  3. Husker

    Husker F1 Veteran
    Silver Subscribed

    Dec 31, 2003
    western hemisphere
    Bingo. A lot of these Ferraris that are considered mass-produced are still very rare in the scheme of things. If you buy a Ferrari that’s at least 20 years old, it is unlikely you will lose money on it when you sell if you keep it in good shape.

    Years ago I bought a 1982 308 GTSi and was occasionally lampooned for buying a poor man’s Ferrari. Well, they’ve at least doubled in value since those days. I wouldn’t call a Ferrari an investment, but it’s a heck of a lot cheaper to own than a late model Corvette.
  4. nicholasn

    nicholasn Formula 3

    Nov 7, 2013
    North Carolina
    Full Name:
    ^in regards to the past few posts: how many of those 20+ year old Ferraris have even 20k miles on them. Cars that sell for more than they were originally bought for usually aren't driven much. I am not a big fan of the C8...I don't think the proportions look right, and I don't like the absence of a manual transmission. However, at least here in North Carolina, Corvette owners seem to drive their cars very regularly (if not daily). I mean I pulled up C7s for sale on, sorted by high mileage, and am three pages in and haven't even gotten below 55k miles yet.
  5. DIGMAN52

    DIGMAN52 F1 Rookie
    Rossa Subscribed Owner

    Jan 30, 2004
    Dallas Texas
    Full Name:
    Philip C
    It will depreciate like a normal $80k car, versus a Maclaren / Lambo / Ferrari dropping that amount of money in 2 years or less.

    I loved my 355 Spider and Cali Plus 30, but both had mechanical issues that cost a bunch, or would have if we hadn't extended the Cali warranty for $4,500 / year. I wouldn't own one out of warranty without it now.

    The C8 is not a Ferrari, nor sound like one, but darn if it doesn't drive as good as one in my opinion.

    It's just nice that Chevy and Ford with the GT's, have chosen to spend money on performance cars, in this world where their future may coming to an end.
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  6. rob

    rob F1 Rookie

    May 22, 2002
    Another point to be made is that in a business situation like this the rep. should of just complimented you on your car and left it at that since you are a potential customer.
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  8. fatbillybob

    fatbillybob Two Time F1 World Champ
    Consultant Owner

    Aug 10, 2002
    I have owned 6 Ferraris raced 1 still own 1. I have only owned 1 vette for 5000miles and turned it into a racecar. You can do things in a vette you just can't do in a Ferrari. All you have with Ferrari is the cool factor. As I age there is no question I'll buy another vette before I buy another Ferrari. I'm just too old to put up with the Ferrari BS anymore.
    Boomhauer, DIGMAN52 and Carbuilder like this.
  9. Rory J

    Rory J Formula Junior
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    May 30, 2006
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    Amazing how little it takes to get some people worked up.

    And how does a $60k Corvette depreciating to $30k eventually make it worse than a $200k Ferrari depreciating to $100k?

    These are just cars, don't take them too seriously.
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  10. Stev-o

    Stev-o Karting

    Sep 18, 2020
    Central Texas
    Full Name:
    Stev-o de Italiano!
    Why choose between an F-Car and a C8? Simply have both!

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    It was a fun day recently driving both and comparing them, here are my thoughts:

    -The 360 sounds awesome and "better" than the C8 [even w/Z51 pkg]
    - The C8's double clutch is absolutely brilliant.
    - The 360's body is a work of art.
    - The C8's fit and finish is world class.
    - The 360's single clutch is old technology
    - The C8's motor is barely visible through the glass
    - Both cars are so much fun to drive, I love them both! [and cost about the same money]
    Rory J, Boomhauer and DIGMAN52 like this.
  11. PA32Pilot

    PA32Pilot Formula Junior
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    Mar 5, 2020
    Glendora, CA
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    Jamie Kirk
    I want to get a C8 to drive daily but probably not for another year or two. The premiums people are paying for them remind me of the PT Cruiser phenomenon.
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  13. boxerman

    boxerman F1 World Champ
    Silver Subscribed

    May 27, 2004
    Stuart FL/ct
    Full Name:
    "For a visceral experience the Ferrari is the car, for a daily driver it’s Corvette"
    Why have a sportscar if not for the viceral experience. We add that in any street enviroment except maybe 0-60 a already 360 has more performnce than can be deployed on the road.
  14. BJK

    BJK Formula 3

    Jul 18, 2014
    but only one of them has a warranty. ;) :D

  15. Jo Sta7

    Jo Sta7 F1 Rookie
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    Oct 13, 2015
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    C8 hate is silly. I had a 458 and C8 simultaneously and the C8 is a better car. I’ll have a 765/992 Turbo S/C8 simultaneously and have zero plans to dump the C8.

    A C8 would absolutely demolish a 360 in every single respect.
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  16. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    Death Star
    Full Name:
    Doug Vader
    Very interesting to hear your opinion on 458 vs C8. What was it about the two that favored the C8? I would hope the C8 is a better car than the 360 considering the 360 is over 20 years older...458 vs C8 though is a little more confusing for me. Did you have to have your 458 transmission replaced or something?
  17. Jo Sta7

    Jo Sta7 F1 Rookie
    Rossa Subscribed

    Oct 13, 2015
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    No, 458 was flawless mechanically. I’ve had 2. But the tech is pretty bad. It didn’t bother me in 2015 but today it’s way behind especially the phone integration or lack thereof. The 458 is quick and sounds good but the Vette is more comfortable, also sounds good and is more or less just as quick. The 458 felt quite light and floaty above 120 mph and the acceleration drops off pretty fast once you get over 100. The steering wheel also feels ginormous after driving the Vette back to back.

    Plus the Vette is a convertible and to me that just sealed it. As far as convertibles on the market go I don’t think I’d choose another. For one, I don’t like soft top convertibles. Secondly, at a certain speed all convertibles are dominated by the presence of the wind so I don’t need a convertible with 720S/F8 speed. Sports car speed is better, for me. My 765LT and 992 TTS will provide the high end performance when I want it.
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  18. intrepidcva11

    intrepidcva11 F1 Rookie

    Jan 12, 2009
    Saratoga Springs NY
    Full Name:
    My GTC was a car originally owned by the CEO of Pirelli SpA that the Company used to test tires; had to have had 30,000-40,000 km on it when I bought it.
  19. Husker

    Husker F1 Veteran
    Silver Subscribed

    Dec 31, 2003
    western hemisphere
    I don't know about that...a 50s, 60s, 70s, or even early 80s Ferrari is worth a big ol' chunk of change even with a missing odometer.

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