Ghibli SS at punchy price

[hilts uk]

Just come on the market at £335k.

http://www.jdclassics.co.uk/showrooms/Maserati-Ghibli-SS-RHD/10570.htm

Not a bad mark up (assuming this is the same car which sold for a record £177k last year)

http://www.littlegatepublishing.com/2014/03/coys-2/

 

[hodroyd]

Nice, but not worth that kind of money..!!

 

[Contigo]

I think they are. Look at Similar Ferrari's of that era, Daytona et al. They are considerably more, the Ghibli has looked great value and still the 3500 and 3700GT look like a billy bargain right now.

 

[hodroyd]

Even if that was loose change, I would still have an issue with potential return, over £300K is greedy and outlandish..!! IMHO

 

[Maser Sod]

I would still have an issue with potential return, over £300K is greedy and outlandish..!! IMHO

That's car dealers for you

 

[hilts uk]

It looks they bought it in Auction 9 months ago and now are selling it on for close to a 100% mark up. The auction price of £170k was the highest that a Ghbili has made anywhere to date so a price of £300k+ is punchy. On the Daytona there are loads of them for sale for around £700k. The London classic show was full of them, maybe 6 or 7 for sale. I don't think any are selling but all the dealers are all trying to create this as the new price point for the car, the same happened with the Dino which is now £350k at these dealers.

 

[zagatoes30]

Seems a bit steep there are others out there for less. The dealers do seem to be trying to drive the prices up, I have been watching Pagoda SLs and there are dealers asking £l00k plus which is silly

 

[outrun]

Surely its a bubble that must burst. There are simply not enough buyers to sustain these prices. I'd be very worried about buying a mid level car like this in the current market conditions. With the euro dropping and oil price issues, its that that have accelerated so quickly that will correct again when the market settles.

Top level stuff should be OK but Ghiblis, Daytona's, 308s, e-types, various 911s etc could head south quickly.

Its just a shame that 3200, 4200 and GS haven't been dragged up to 50k by the market.

 

[drewf]

There certainly are enough buyers to sustain high prices. The Chinese market is noticing these cars, and once they've gone there they will never come back on the market. At those price levels, the buyers are essentially immune to currency and commodity price fluctuations.

 

[outrun]

I don't agree Drew, there are several historic examples of this happening. Sure, there are plenty of wealthy people around but the commodities that they invest in phase in and out in cycles.

Luckily (sic) it's not something I have to be personally concerned about

 

[Contigo]

I think the difference now is that people are buying these cars with cash rather than finance and pure speculation. The other driving factor is that as Drew says there are so few of these cars and owners are now holding onto them.

Look at Rowan Atkinsons F1. £10 million for that car is silly!

Look at 308 prices especially the Vetroresina and they were trading at 50k concourse 18 months ago and are now commanding well over 100k!!!!

I can't see things reversing this time either, I just hope 3200 et Al prices adjust to reflect the car!

 

[Emtee]

I have a friend who's retirement, and the education of her son, has been more than assured by a case of wine gifted to her some years ago. At least you get to drive a car.

 

[zagatoes30]

Most cars at this end of the market never get driven which is sad

 

[hilts uk]

Ghibli spyder yesterday sold at auction in paris for euro 475k. A lot of people believe the car is a fake and is a converted coupe whicu they have then cloned a chasis number of another car. Normally it would cost 700k+. When there is a 500k difference between coupe and convert I guess this will always happen.

Sent from my GT-I9505 using Tapatalk

 

[hodroyd]

Ridiculous situation..!!