It might take our cars to make it to the 30 year mark before they start rising. Look at the traditionally unwanted Ferraris, I think 400s are achingly cool and they have probably doubled (at least) in the last 5 years.
I only paid £16k for my GS in 2015 and it is probably worth that now so despite me also spending thousands on it I can live with zero depreciation on the capital. It was 66k new in 2005 so that is fairly savage depreciation.
I am just back from Le Mans Classic and there were 911s as far as you could see almost. Hundreds of cars. There were about 10 4200/GS present, so much more exclusive.
The issue of limited specialists is definitely a contributing factor. If you buy a 997 there's probably a specialist in every decent sized UK city. Learning to DIY makes these cars a much better proposition but this again narrows the field of potential owners.
Parts prices and availability is the most painful thing for me. £700 wheel bearings - ridiculous.
Totally agree with 99% of what your saying there. Only thing i dont necessarily agree on is the depreciation.
Cayman S for example was £60k in 2005 before options. Worth today 14 to 15k as a private sale and around £18 to 20k at a dealer. Similar values to the GS new and current values.
4200 in 2015 were around 16k to 18k for a decent example. GS prices in 2015 were 19k to 24k depending on spec. At £16k for a GS in 2015 you got a really good deal if it didnt need to much work.
We both bought our tridents in the same year. If we had bought a brand new Ford Focus ST then at 22k it would be worth around 8k to 9k now 8 years later.
A car thats still worth 25% of the new list price 18 years after it was first sold isnt doing bad on the depreciation front we just have not seen the price increases that the Ferrari cars of the same generation have seen.
