Saturday, January 07, 2012

It is entirely possible to buy a Ferrari for about as much money as you'd spend on your average new car. Sometimes substantially less. Don't believe me? Check the following link:

http://www.ferrariclassified.com/showVehicles.aspx?make=Ferrari

and while I admit there are many with prices ranging well into six and seven figures, the Ferrari for the price of a minivan is not implausible. Same goes for Rolls-Royces, should you be so inclined, as seen here:
http://autos.yahoo.com/used-cars/rolls_royce-overview

Not that there aren't some caveats, in either case. Generally speaking, cheap Rolls-Royces and Ferraris are cheap for a reason. Either they don't represent what one might consider a stylistic or engineering high-water-mark, even in the eyes of their manufacturers, (in the case of Ferraris, I was looking for, and unable to locate an example of the generally unloved 330GTC: if the GTC was human, it's looks would fall somewhere in the Albert Brooks/Woody Allen/Peter-Falk-as-Columbo ilk.) What I did find in Ferraris at fairly reasonable prices were a lot of 308 and 328 GTBs and GTSs, the model popularized in the T.V. show "Magnum P.I." Which brings me to my second point. As they say, if it seems too good to be true, it probably is. In the case of the 308s and 328s, a relatively low price is an indicator that not enough attention has been paid to what the Brits refer to as "the fiddly bits;" think of them in American English as the really tiny Lego pieces that you find in the carpet in the middle of the night, with your foot. As I understand, the periodically-necessary timing belt replacement on a 308/328 will set you back approximately the price of a new Ford Fiesta.

So what's the big picture here? The reasons people might, or might not, find you desirable are about the same; either you haven't been true to yourself, (think about it; the really desirable Ferraris, the ones that DO go for six-and-seven figures, are ones truest to the heart of Signore Ferrari. The 308s and 328s were popularized and mass-marketed to the point of near prostitution, in the eyes of a company like Ferrari.) or you're high-maintenance, and haven't been maintained, and thus anyone who DOES subsequently get involved is in for a long, expensive chore, in return for what may seem like infrequent moments of satisfaction. It may still be enough satisfaction, in the eyes of whomever you're involved with, but it's always hard to say. So what's the solution? In-keeping with our car analogy, consider the Mustang. The desirability doesn't extend to resale value the way it does with something that's almost totally hand-built, but in terms of sheer numbers ("votes of popularity," you might say,) well, look at the numbers here for ten years of 308 production:
(Production figures are in bold print)
308 GTB (Fiberglass) 1975 — 1977   808  (s/n 18677 — 21289)
308 GTB (Steel)  1977 — 1980  2185   (s/n 20805 — 34329) 
308 GTS   1977 — 1980  3219   (s/n 22619 — 34501) 
208 GTB  1980 — 1982  160    (s/n 31219 — 41329) 
208 GTS  1980 — 1982  140  (s/n 31249  — 41265) 
308 GTBi 1980 — 1982  494  (s/n 31327 — 43059) 
308 GTSi   1980 — 1983  1743  (s/n 31309 — 43079) 
308 GTB QV    1982 — 1985  748  (s/n 42809 — 59071)
308 GTS QV  1982  — 1985  3042  (s/n 41701 — 59265) 
208 GTB Turbo  1981 — 1985   437  (s/n 41357 — 59277) 
208 GTS Turbo  1982 — 1985  250   (s/n 42863 — 59279) 
308 GTB Michelotto   1978 — 1985    15  (s/n 08380 — 31559)

If you add it all up, the number is somewhere around 20,000, which was mass-production for Ferrari, and by comparison, a good month in a Ford Mustang plant. So why have Mustangs been hot for going on 50 years now? Stylish, but simple. It's a fine line to walk, but there is some truth to it.

And as I mentioned before, the really desirable Ferraris adhered to Polonius' advice in Hamlet: "To thine own self be true." If you decide you're going to walk a particular road, it may indeed be the right one for you. If being desirable, even if you're not instantly accessible is what you crave, go for it. But figure that some might see you as a snob. It's always a fine line. Choose wisely.

I myself have been accused of "running hot and cold," which is probably true. Popularity in terms of sheer numbers is frequently also a function of simply how things are going, who you're catering to, are they buying, and all the rest of that noise. I guess you could say the difference is that of desirability as shown by sheer numbers, as opposed to....how are you valued? How much are you valued? Snob appeal, yes. Like I said, choose wisely.

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