Quote:
Originally Posted by Craig T
Yep. Three years ago there were plenty of 355's for sale in the $70 range, with only a few over six-futures. Now, 30K mile shaky maintenance history cars are $70K, with most nice ones over six figures (always a day late and a dollar short  ).
I owned a 360 for a short time a decade ago. Went to an Orange County Ferrari Owners Club meeting with my wife. We stayed about 20 minutes. My wife made a great observation..."Yuk, sell this thing. Porsche owners buy Porsches because the love driving them. Ferrari owners buy Ferraris for the impression it makes on others".
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Yep, true. The flappy paddle ones and 'verts can still be had for $70s around here.
I'm more scared of the maintenance than the initial price. Need a lot of appreciation to cover engine out services.
A lot of the Ferrari guys around here race or track them. I'm sure plenty buy them for show, but they've also got yachts and jets for that, not "cheap" old cars.
Regardless, I'm smitten.