* Complete Ppi Just Done * Brand New Clutch & Belts * 14k Original Miles * on 2040-cars
Irvine, California, United States
Ferrari 360 for Sale
- 2000 ferrari 360 modena f1 coupe(US $69,000.00)
- 2000 ferrari 360 modena coupe f1 fully loaded and mint condition!(US $69,500.00)
- 2004 ferrari f360 spider f1 trans red/tan blk top shields daytona seats frt chal(US $109,500.00)
- 2002 ferrari 360 modena(US $73,900.00)
- 2002 ferrari 360 spider silver carbon fiber racing seats 6 speed
- 2002 ferrari 360 modena spider f1 f-1 / rosso corsa / serviced at ferrari 9/2013(US $99,999.00)
Auto Services in California
Yes Auto Glass ★★★★★
Yarbrough Brothers Towing ★★★★★
Xtreme Liners Spray-on Bedliners ★★★★★
Wolf`s Foreign Car Service Inc ★★★★★
White Oaks Auto Repair ★★★★★
Warner Transmissions ★★★★★
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Ferrari 250 GTO could fetch as much as $75 million at auction
Wed, 13 Aug 2014Last month we reported on a Ferrari 250 GTO heading for the auction block at Pebble Beach. We knew at the time it would break records and bring in tens of millions of dollars. But now that the gavel is about to drop, it looks like even our projections could fall short.
According to a report on Bloomberg, citing the classic car authorities at Hagerty Insurance, the GTO in question (pictured above) could fetch upwards of $60 million and as much as $75 million when the auction takes place two days from now in Monterey, CA.
Hagerty's reported estimate would not only blow the previous records out of the water, but would eclipse the pre-sale estimate attributed to Bonhams, the auction house handling its sale, which placed its value between $30 million and $40 million.
LaFerrari trading at double its list price
Mon, 11 Aug 2014If you've been looking at the seven-figure price tags (plus or minus) on the latest batch of hypercars, and wondering how their manufacturers could possibly charge that much, consider that their predecessors typically traded at well above their list price as it is. The Ferrari Enzo, for example, listed for "only" $650k, but with production limited to 349 units, demand far outstripped supply, driving the mark-up into seven-figures. In fact Enzos are still selling for a million or more at auction. Surely Ferrari deserves a piece of that action itself, at least as much as the speculators... hence the $1.7 million sticker price on its successor LaFerrari.
Here's the thing, though: according to the latest reports, buyers are paying that much again just for the privilege of getting their hands on a LaFerrari. In other words, they're paying double the already sky-high asking price: as much as $3.4 million to put it in the same ballpark as the Lamborghini Veneno (whose production was even more limited) and the latest Legend edition of the Bugatti Veyron Vitesse roadster.
The story gets a bit more sane with its rivals, though: according to the analysis reported by Oracle Finance, the McLaren P1 is commanding "only" a $500k premium over list, and the Porsche 918 Spyder "just" $335k extra. However even less expensive new models from high-end automakers like the Lamborghini Huracán and Porsche Macan are reportedly commanding $50k and $10k premiums, respectively.
Ferrari production to increase under Marchionne
Sun, 14 Sep 2014The head of any company has to juggle the relationship between supply and demand. Of course, that applies to automakers too, even ones as high-end as Ferrari. And as with many other decisions, the way Ferrari has addressed supply and demand has come down principally to the principal.
Enzo Ferrari may have only wanted to sell as many vehicles as he needed in order to fund his company's racing department, but with the F40 - the last model made under his watch - Ferrari ended up increasing supply to meet growing demand. However, after Luca di Montezemolo took over in the wake of Enzo's passing, he started constricting supply. He figured Ferrari could sell 400 units of the F50, for example, so he built 399. More recently, Montezemolo undertook a course of action that spread Ferrari into more markets, while simultaneously constricting supply to increase demand and thereby profitability.
It's been a winning formula for Ferrari. Just days ago, the company announced record earnings up by 14.5 percent in the first half of 2014 over the same period last year, which itself had seen a 7.1-percent increase over the year before. Clearly the strategy has worked, but Montezemolo's successor is already eying a different approach.