So three years ago when I bought my 1970 Mach 1 after my wife rejected my DeLorean proposition, I can now say, " I told you so!" ???
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So three years ago when I bought my 1970 Mach 1 after my wife rejected my DeLorean proposition, I can now say, " I told you so!" ???
I think you misunderstood my comment. I am baffled that these cars haven’t gone up as much as a 308. What I meant is if you look at these auctions, you will notice how people are presurred into bidding high by Steve Davis, who constantly gets on the microphone and tells people the bidding is too low.
Having owned a 308 a couple of years back, I can probably shed some light on why the 308s are valued higher than our DeLoreans.
- It's a Ferrari...
- mid-engine high revving V8, sounds fantastic, ~250hp
- car has great balance when pushed into a corner
- never made an automatic :)
- hand-built car, for better or worse...
Now there are a few similarities (production numbers, Hollywood notoriety, sleek design, and so on), but at the end of the day "F-cars" are always going to command a premium and while the 308 may not command the $ that say a 288 GTO or even a Testarossa may bring today, they will continue to appreciate over the long haul. I would say the biggest downside to owning a Ferrari is the maintenance and repairs cost. I purchased my 308 for $42k with 24k miles and in very-good to excellent condition. I had the car 2 years and spent over $7k in maintenance and repairs, some expected, some not expected. In that time I maybe put 1500 miles on the car. I sold the car for $64k when the market was hot. It's leveled-out a bit since then. I'm glad I had the experience and things worked out but I'm probably done with Ferrari ownership.
At least owning a DeLorean is one of those things where you can do DIY work, not having to worry about losing value. And the parts are a LOT less expensive.
Does anyone ever go on a Ferrari page/forum and say, "I'm lookin' to buy a Ferrari, show me what you got and don't ask too much for it'?"
I want the one Thomas Magnum drove around Hawaii in and I'm prepared to spend no more than 25k because I saw one sell on ebay last year for that amount. It has to be nice and all sorted out, I don't want a show car but it does need to be free of scratches and paint chips and it has to be very glossy. The interior can be used but no cracks or wear spots on the seats and no visible flaws. It doesn't have to be in perfect running condition but it does need to be in perfect running condition.
I know all about 308's and 328's I watched Magnum PI a lot so don't try to fool me. I know what they are worth.
BOOM
and BOOM
Broken record time as I said this a few times before - I am one that loves to drive the snot out of my car, I prefer top quality parts and don't mind the higher cost as apposed to inferior parts at cheaper price points.