Why are Lambo values falling more than Ferraris'
#136
With that said, "prove" might have been a bad choice of words. I merely was coming from the perspective of ... wow, a used car dealer (especially in this market segment) offering terms like this must say something about the product quality, which is an advantage & important to me.
#137
"What I know is the asking price for F-Cars is they are inflated compared to what they will take for the cars. Since they have a bigger network of dealers, more cars to sell, more sellers wanting to get more $$ than the wholesale pricing dealers will offer, my belief is the "published & asking prices" are inflated as a whole. Independent offers are then compared to retail prices and therefore what you see is not true, sold car pricing."
430 owners paid a hefty premium over and above list price and above what a Gallardo cost to begin with when they were new..so the 430 owners are in it for more $$... so compare what the 430 owners actually paid for the cars and asking prices and you will not see much of a difference. I know the local dealer wanted a 45k premium when i was looking at a 430....
430 owners paid a hefty premium over and above list price and above what a Gallardo cost to begin with when they were new..so the 430 owners are in it for more $$... so compare what the 430 owners actually paid for the cars and asking prices and you will not see much of a difference. I know the local dealer wanted a 45k premium when i was looking at a 430....
#138
"What I know is the asking price for F-Cars is they are inflated compared to what they will take for the cars. Since they have a bigger network of dealers, more cars to sell, more sellers wanting to get more $$ than the wholesale pricing dealers will offer, my belief is the "published & asking prices" are inflated as a whole. Independent offers are then compared to retail prices and therefore what you see is not true, sold car pricing."
430 owners paid a hefty premium over and above list price and above what a Gallardo cost to begin with when they were new..so the 430 owners are in it for more $$... so compare what the 430 owners actually paid for the cars and asking prices and you will not see much of a difference. I know the local dealer wanted a 45k premium when i was looking at a 430....
430 owners paid a hefty premium over and above list price and above what a Gallardo cost to begin with when they were new..so the 430 owners are in it for more $$... so compare what the 430 owners actually paid for the cars and asking prices and you will not see much of a difference. I know the local dealer wanted a 45k premium when i was looking at a 430....
#139
Why is it that ferrari people always are so defensive about their cars? Maybe they recognize that the actual cost to build their cars in materials is less than the lambo counterpart ... so why the extra premium????? If the extra money is not going into the car, what are you paying for? the name? or the F1 budget to try and keep the name?
Ferrari has done their research on their customers and realizes that some of them get a "kick" out of spending so much money ... just ask any service tech if they are worth it. If ferrari people pride themselves on their financial prowess, then I would believe that they understand how business is run ... you , collectively, are subsidizing the world's largest F1 budget to keep that "aura" (yeah Madoff had that "aura" too and was able to part supposedly intelligent people from their money as well) Do remember that Enzo lost his company too and was not interested in making road cars, just race cars and used the road cars to subsidize his race program ... not any different today.
To each their own, but most of us have owned or at the very least driven both marques and I recently drove a friend's f430 spyder only to come away with amazing disappointment. My comment following the drive was "$260k, no way for this car ... $100k yes" many of my firends do own ferraris and lamborghinis ... they buy for different reasons. IMO, Lamborghini is a far more "raw" driving experience and outside of an Enzo the power delivery of all lambos I have driven is far superior and aggressive.
Again, it is personal preference and I just prefer the driving experience of lambos ... do not really like either cars attention getting prowess ... can be a pain in the ***.
Ferrari has done their research on their customers and realizes that some of them get a "kick" out of spending so much money ... just ask any service tech if they are worth it. If ferrari people pride themselves on their financial prowess, then I would believe that they understand how business is run ... you , collectively, are subsidizing the world's largest F1 budget to keep that "aura" (yeah Madoff had that "aura" too and was able to part supposedly intelligent people from their money as well) Do remember that Enzo lost his company too and was not interested in making road cars, just race cars and used the road cars to subsidize his race program ... not any different today.
To each their own, but most of us have owned or at the very least driven both marques and I recently drove a friend's f430 spyder only to come away with amazing disappointment. My comment following the drive was "$260k, no way for this car ... $100k yes" many of my firends do own ferraris and lamborghinis ... they buy for different reasons. IMO, Lamborghini is a far more "raw" driving experience and outside of an Enzo the power delivery of all lambos I have driven is far superior and aggressive.
Again, it is personal preference and I just prefer the driving experience of lambos ... do not really like either cars attention getting prowess ... can be a pain in the ***.
#143
I think that part of it boils down to the heritage and the disparity between the type of customer that is looking at both of these vehicles.
#144
f430s spyders do not sell for 165k. you'd be hard pressed to find an f430 coupe for that price. the spyders still list for well over 200k. i do agree with your point on the gallardos though the % of value lost is pretty damn good all said and done. Normal cars lose about 40% over 3 years, 50% over 5 years.
#145
04 Gallardo's are being sold at $90-110k at the present moment. Prices being asked for and prices being sold at are 2 different things.
In regards to the F-cars being sold at premiums brand new, well, there's a reason for that. Alot more demand than supply.
In regards to the F-cars being sold at premiums brand new, well, there's a reason for that. Alot more demand than supply.
#146
this is a silly thread...
depreciation - as someone said already, we should view this as money spent to get your dream experience. it's not how much money you lost.
gallardo vs 360/430 debate - buy what you like. why debate which is better based on radio buttons (substitute any other audi sourced parts) or depreciation? someone wants a ferrari will get one, even if it means 20k more in deprecation. if that deters you from ownership of a prancing horse, i guess you just aren't ready for the maint bills either.
My advice to any one serious about these cars is to test drive both. If you have never driven or owned any, please do so before you make theoretical remarks about something you haven't even experienced. These aren't investments. They are luxury items, surge and rewards for your hard work.
I wanted a 430. When I got serious about buying, I realized how much trouble a F360 / 430 will bring. All sorts of fuel leak, water hose leak, and other issues will just ruin my ownership experience on top of money spent on buying the car. If I owned a learjet or have $10M in asset, I'd get 2 ferraris and just drive the one that isn't in the shop. Until then, I will take a gallardo with reliable german radio buttons that aren't sticky like in the 360 or 430 I just want something modern, exotic and works. Not something tempermental.
depreciation - as someone said already, we should view this as money spent to get your dream experience. it's not how much money you lost.
gallardo vs 360/430 debate - buy what you like. why debate which is better based on radio buttons (substitute any other audi sourced parts) or depreciation? someone wants a ferrari will get one, even if it means 20k more in deprecation. if that deters you from ownership of a prancing horse, i guess you just aren't ready for the maint bills either.
My advice to any one serious about these cars is to test drive both. If you have never driven or owned any, please do so before you make theoretical remarks about something you haven't even experienced. These aren't investments. They are luxury items, surge and rewards for your hard work.
I wanted a 430. When I got serious about buying, I realized how much trouble a F360 / 430 will bring. All sorts of fuel leak, water hose leak, and other issues will just ruin my ownership experience on top of money spent on buying the car. If I owned a learjet or have $10M in asset, I'd get 2 ferraris and just drive the one that isn't in the shop. Until then, I will take a gallardo with reliable german radio buttons that aren't sticky like in the 360 or 430 I just want something modern, exotic and works. Not something tempermental.
Last edited by djantlive; 10-10-2009 at 11:11 PM.
#147
I agree. Say what you want, but the test drive will tell all. I drove an F430 and a Gallardo back to back and couldn't resist the styling, sound, and overall feel of the Lambo. It had nothing to do with maintenance or reliability. I'm a car enthusiast and I love both brands one was a better choice for me than the other.
As for as depreciation, I went into this purchase (and would have thought the same with a Ferrari) knowing it would be worth $10k, 20k, 30k less by the time I sell it. Oh well, if you're worried about that you should buy an Acura, the hold their values well.
As for as depreciation, I went into this purchase (and would have thought the same with a Ferrari) knowing it would be worth $10k, 20k, 30k less by the time I sell it. Oh well, if you're worried about that you should buy an Acura, the hold their values well.
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