430 market keeps falling..
Registered User
Joined: Nov 2008
Posts: 1,115
From: Roseville, CA
Rep Power: 135
There is still a lot to be said for the 360 when it's been a competitor in SCCA T1 for years AND won the championship this year. This is against restricted 500hp Vipers, C6s and C5Zs.
Whassup Butch. Sorry about GT2 this year. I recorded it today on Speed.
Whassup Butch. Sorry about GT2 this year. I recorded it today on Speed.
Registered User
Joined: Oct 2005
Posts: 5,522
From: NW
Rep Power: 275
It's not that market are flooded with cars but the buyers that can actually afford to buy them are getting scarce. Financing these cars are almost near impossible. All in all it's great for buyer with cash who no longer have to compete with ones that don't.
Registered User
Joined: Oct 2005
Posts: 5,522
From: NW
Rep Power: 275
Registered User
Joined: Oct 2007
Posts: 896
From: Denver, CO
Rep Power: 71
Did anyone read this? I saw it the other day and was somewhat surprised. The crunch has finally hit Ferrari.
http://www.autoblog.com/2008/12/08/f...ffs-this-week/
http://www.autoblog.com/2008/12/08/f...ffs-this-week/
Registered User
Joined: Jul 2005
Posts: 2,136
From: Baltimore Suburbs
Rep Power: 110
Ferrari: We expect Ferrari volumes to decline 30% in 2009 (twice the decline in W
European car market) and 4% in 2010 (similar to growth in W European car market).
Assuming variable profit margin of €100K/per unit, we expect operating profit to
decline €194MM in 2009 to +€72MM and increase €20MM in 2010 to +€92MM.
European car market) and 4% in 2010 (similar to growth in W European car market).
Assuming variable profit margin of €100K/per unit, we expect operating profit to
decline €194MM in 2009 to +€72MM and increase €20MM in 2010 to +€92MM.
Registered User
Joined: Apr 2006
Posts: 4,205
From: Philadelphia, PA
Rep Power: 206
already driven both the normal 430 and scud...the gt3 is that special to me...but at 130 to 150...its something to think about...
Registered User
Joined: Feb 2008
Posts: 46
From: California
Rep Power: 0
Hi
I guess you could argue differently for a ferrari, but i always had a problem with that logic since ferrari values often seem to be boosted up by 'bubble' wealth, which for now seems to be gone. plus it's just not cool to be really flashy with wealth right now, at least not in the states, and that perception change may be with us for a while.
___________________________
Oklahoma City limo service
I guess you could argue differently for a ferrari, but i always had a problem with that logic since ferrari values often seem to be boosted up by 'bubble' wealth, which for now seems to be gone. plus it's just not cool to be really flashy with wealth right now, at least not in the states, and that perception change may be with us for a while.
___________________________
Oklahoma City limo service
Registered User
Joined: Jul 2003
Posts: 5,373
From: Vancouver & Seattle
Rep Power: 287
What do you mean?
Registered User
Joined: Dec 2007
Posts: 168
From: Sunny South Florida
Rep Power: 26
what do you think the right level is
i'm a cash buyer and looking for a 2000 red/tan 360. i'm thinking with 10k/20k mileage i can pick one up in the seventies. what do you guys think?
Thread
Thread Starter
Forum
Replies
Last Post
ECS Tuning - BMW
Mini Cooper Vendor Classifieds
0
Sep 4, 2015 01:30 PM
ECS Tuning - BMW
Mini Cooper Vendor Classifieds
0
Sep 2, 2015 02:11 PM
ECS Tuning - BMW
Mini Cooper Vendor Classifieds
0
Sep 2, 2015 01:57 PM
