Theoretical low for 04/05 GT3s?
OK guys
I have been (unscientifically) watching cars for a few decades now and it seems like the desirable sports cars hit a low 6-8 years after they are produced. Then they seem to stabilize for a while and then drift up. I guess some examples would be
c2 964s --bottomed ~16K nice drivers seem to be trending back up to the mid 20s now.
Ferrari 308s - stable for a long time 22-32K
NSX --Trending up? seemed to bottom about $25K
Ferrari 355---bad example but I think you can buy the 95,96 cars for 50-60K and I think....they will stay there.
3.4 ltr C2 996s----??? not sure its a good example, I think we will be buying these in the teens before long.
There are others depending on your flavor.
So let me get to my point.
I love the 996 GT3 and the Ferrari 355
I think I can get one of these 8 year specialty loans in 12 months or so and comfortably afford one of these as a 3rd car. I have young kids so I really dont have time to build and track hot rod sports cars (my real passion).
I was thinking why not get one of my dream cars - just do routine maintenance and enjoy driving it, maybe catch a DE once in a while.
Then when the kids are older and dont want to talk to me anymore I can go back and get the grinder out and put it to the rust on some beast that belongs in a scrap yard..but I digress.
I know a long term loan is dumb financially but I can comfortably make the payment, insurance, 401K is fully funded, kids in private school, no CC, positive net worth etc.
And cars are my love so I can be a little stupid right!!
Anyway...again to the point. I have heard of some GT3s changing hands for low 60s (high 50s??). I have not seen any advertised near that so I guess they are negotiating?
Any way lets say I get a clean car with 35K miles on it in 12 months for $60K
How much is that car worth in 7 -10 years with 50-60K miles?
I am thinking its still a $50K car?
What do you guys think the bottom is for driver GT3? They only brought in 750 of them I believe.
What about an F355?
Your thoughts appreciated.
__________________
erik.lombard@gmail.com
1994 Lotus Esprit S4 - interesting!
84 lime green back date (LWB 911R) SOLD 
RSR look hot rod, based on 75' SOLD 
73 911t 3.0SC Hot rod Gulf Blue - Sold.
|