Halle Baileys baby daddy buys their son a Ferrari for his 1st birthday

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That particular maker can appreciate. But admittedly most Ferraris don't.

Unfortunately, that child's father can't afford the collectible one. I don't think they would even allow him to buy one, because he wouldn't pass the screening process. But some Ferraris are appreciating assets, because of limited production runs and selective selling.

Not the baseline models like that f8, 488 or even last gen's 458, but moreso FXXX or Enzo. At original price, they tend to be 4 or 5 times more pricey than the baselines.

To put in perspective, the baseline equivalent of today's 488 in the above video was the 355 18 years ago. It has lost more than half it's value from that era. Compare that to the Enzo which only had 399 units created . The enzo has nearly quadrupled in price when adjusted for inflation. Such a car actually is investment that would be well worth the child waiting to drive in 18 years.
Ferrari is tough with their selling policies. You have to own a Ferrari to even get on the list for a new one. Plus a bunch of other stuff to screen you.

On a positive note, that kid gonna have excellent vision as a Running Back. 1st round potential.
 

CopiousX

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Ferrari is tough with their selling policies. You have to own a Ferrari to even get on the list for a new one. Plus a bunch of other stuff to screen you.
For real. It actually reminds me less of buying a car and more like buying into a neighborhood with a nosey HOA. :pachaha:




Ferrari out here dictating what color your car should be or what job you should have to even get the buy-offer :wow:




I Have no idea how @Luken got through the screening for his 8th one :russ:
 

Luke Cage

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Not appreciate. its a mass production model

It's like the difference between wine you bought at Walmart in 2007 and a romanee-conti wine you bought from 2007. 18 years later, one isn't worth much and the other is worth tens of thousands.
Ferraris don't have any mass production models. all their cars are hand built and only a limited number are produced each year. literally more like the romanee-conti example you gave. Each model is custom built to a specific customers specifications. they will even disqualify people from purchasing if they don't feel like they person fits their brand, and selling it aftermarket instead of back to ferrari can get you banned from buying them again,.
 

IIVI

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The irony here.
I remember criticizing Future for that stunt.
But, in actuality, that Rolex watch is actually a better investment/gift for his son. :dead:
In all honesty, Future seems a little more “sophisticated” and most likely has more people “in the know” about this kind of stuff.

Dungeon Family definitely know a thing or two about culture.

DDG shyt seems on par with the typical, reckless Twitch Streamer culture does. BMF to them is Blowing Money Fast (and dumb).
 

Heretic

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I'm almost certain that Ferrari is for them to ride around in for the day. I doubt he actually bought the car for a toddler :heh: somebody probably just made up a headline without really thinking

Edit: it literally says look what I bought Halo for his birthday. :snoop:
 

CopiousX

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Ferraris don't have any mass production models. are their cars are hand built and only a limited number are produced each year. literally more like the romanee-conti example you gave
Perhaps, mass-production is the wrong wording?
What I'm trying to say is you either get...

A) 5000 of something which anyone can get with a large enough bank roll.

B) Or 500 of something which only 80s A-list actors, princes, billionaires , R&r hall of famers, and Jay Leno can get.


Those high production figures in option (A) are what I'm referring to within the Ferrari umbrella. Is there a better word for it? That abundance of a particular model is the cost differentiator and the appreciation predictor.


.
 

Luke Cage

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Perhaps, mass-production is the wrong wording?
What I'm trying to say is you either get...

A) 5000 of something which anyone can get with a large enough bank roll.

B) Or 500 of something which only 80s actors, princes, billionaires , R&r hall of famers, and Jay Leno can get.


Those high production figures in option (A) are what I'm referring to within the Ferrari umbrella. That's abundance of a particular model is the cost differentiator and the appreciation predictor.


.
Bold is Still wrong. Ferrari has a vetting process for buyers. Even if you have the money they could tell you no.

Also some of their model they do in fact produce less than 5000. The 360 Modena for example only had 1800 made

Literally option B is more accurate to ferrari breh.
 

CopiousX

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Bold is Still wrong. Ferrari has a vetting process for buyers. Even if you have the money they could tell you no.

Also some of their model they do in fact produce less than 5000. The 360 Modena for example only had 1800 made

Literally option B is more accurate to ferrari breh.
I admit to being a bit facetious in my option a) listing. I am aware of Ferrari buy guidelines. [See post 66 above] .My point is they are looser with those requirements at the higher production levels.:hubie:



But I still think 1800 is too much. I just checked listings on my coast line and the Modenas are going for 1/4th to 1/3rd of their original price 20 years later, which reiterates my case about production numbers.:hubie:



That sweet spot is the low to mid hundreds in both appreciation and spot price.




On a somewhat unrelated note, looks like the 2024 expedition max is worth the same as a 2004 Modena. With the right amount financial irresponsibility , id be tempted to get one for nostalgia purposes:ohhh:
 

Htrb-nvr-blk-&-ug-as-evr

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That particular maker can appreciate. But admittedly most Ferraris don't.

Unfortunately, that child's father can't afford the collectible one. I don't think they would even allow him to buy one, because he wouldn't pass the screening process. But some Ferraris are appreciating assets, because of limited production runs and selective selling.

Not the baseline models like that f8, 488 or even last gen's 458, but moreso FXXX or Enzo. At original price, they tend to be 4 or 5 times more pricey than the baselines.

To put in perspective, the baseline equivalent of today's 488 in the above video was the 355 18 years ago. It has lost more than half it's value from that era. Compare that to the Enzo which only had 399 units created . The enzo has nearly quadrupled in price when adjusted for inflation. Such a car actually is investment that would be well worth the child waiting to drive in 18 years.
458/488 (Pista my favorite) might be different as they are the last of the Pinninfarina-bodied Ferraris before they moved design in-house. Not a fan of the in-house designs personally other than the Roma.
 
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