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Getbig Main Boards => Gossip & Opinions => Topic started by: Irongrip400 on April 27, 2013, 05:46:57 PM
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Sitting here watching "Pawn Stars" and a dude brings in a ten year old Lamborghini and sells it. My question, (and I'm not talking about the metaphoric hot slut Lamborghini) is what does one do with one after a few years and do they hold their value? Do people get rid of them to the junk yards, or do middle age middle class men end up with them? Help me understand buying a high end exotic, as they aren't built with all the creature comforts of say, a Bentley.
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You don't buy a lambo or other exotic for the comfort
Hope this helps
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Parker may know the answer to this.
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Sitting here watching "Pawn Stars" and a dude brings in a ten year old Lamborghini and sells it. My question, (and I'm not talking about the metaphoric hot slut Lamborghini) is what does one do with one after a few years and do they hold their value? Do people get rid of them to the junk yards, or do middle age middle class men end up with them? Help me understand buying a high end exotic, as they aren't built with all the creature comforts of say, a Bentley.
they switch hands like 20 dollar bills...multiple owners over time. Like Xfactor had said, he only keeps the exotics (2009 Gallardo Spyder) for two yrs tops.
They depreciate like a boulder, but the maintenance is the same if not worse. They are not built to last like a Camry.
In a few yrs, you will see tons of Gallardos where people have done the Twin Turbo treatment, and they will have been run into the ground....these will be the ones to avoid. Also, the ones where the owners have modded them with paint and wheels. The Gallardo has been produced since 2003. And in that time, Ferrari had the 360 Modena, then introduced the 430, and has introduced the 458...that is three models, all during the Gallardo's run. So you are going see some very worn Gallardos on the market.
The early Murcis are the same as well. They startec production in 2004ish. Ferrari had the 550/575 Maranello, and the 599...that is two cars within the production lifespan of the Murci. The Aventador is a 2011/12 model. Ferrari just released the F12...
So, you see, there will be an influx of worn Murcis, due to the long production run.
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You don't buy a lambo or other exotic for the comfort
Hope this helps
That wasn't the point of the question, it was more what happens to them when they are a few years old. You buy them for the status, so having one that's not brand new there is no point. I like Parker's answer.
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That wasn't the point of the question, it was more what happens to them when they are a few years old. You buy them for the status, so having one that's not brand new there is no point. I like Parker's answer.
if you are an enthusiast, and you have money for mutiple cars and the maintenance for them. You probably will have "favorites" that you get or you get the whole line...For instance, Ferrari's mid engine V8 line started with the 208/308, and the progressed to the 328, 348, 355, 360, 430, 458...
One could argue that the Dino was the first "affordable" Ferrari, and one has to omit the 288 GTO, and F40, as they were limited edition "supercars".
So, our hypothetical "enthusiast" would go and collect all of these cars, and whatever iterations that they came in. Kinda like a Porsche collector does the 356, 911, 912, 914, 928, 930, 964, etc...
This hypothetical enthusiast doesn't care about the cost of running the cars, nor does he care about the age, 10 or 15 yrs, it doesn't matter...he likes the cars.
Those who want to shine, and have the money, want the latest and best, and flashiest. So, they will not spend top dollar for a 10 yr old Lambo.
Those who want to profile, and don't have the 200k+ for a new Lambo (I don't) will pay for that 10 yr old Lambo....but the running costs will probably be the same as the new model. So who makes out in the end?
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if you are an enthusiast, and you have money for mutiple cars and the maintenance for them. You probably will have "favorites" that you get or you get the whole line...For instance, Ferrari's mid engine V8 line started with the 208/308, and the progressed to the 328, 348, 355, 360, 430, 458...
One could argue that the Dino was the first "affordable" Ferrari, and one has to omit the 288 GTO, and F40, as they were limited edition "supercars".
So, our hypothetical "enthusiast" would go and collect all of these cars, and whatever iterations that they came in. Kinda like a Porsche collector does the 356, 911, 912, 914, 928, 930, 964, etc...
This hypothetical enthusiast doesn't care about the cost of running the cars, nor does he care about the age, 10 or 15 yrs, it doesn't matter...he likes the cars.
Those who want to shine, and have the money, want the latest and best, and flashiest. So, they will not spend top dollar for a 10 yr old Lambo.
Those who want to profile, and don't have the 200k+ for a new Lambo (I don't) will pay for that 10 yr old Lambo....but the running costs will probably be the same as the new model. So who makes out in the end?
the Diablo still retain a high resale Value amongst used Lambos.....they have a large collection of them in Fort Lauderdale.....they still going for 90 to 100k easy
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That wasn't the point of the question, it was more what happens to them when they are a few years old. You buy them for the status, so having one that's not brand new there is no point. I like Parker's answer.
having one thats not brand new? are you assuming people buy a new one every year? just checked ebay many used for sale many sell never realized how many of these things sell
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they switch hands like 20 dollar bills...multiple owners over time. Like Xfactor had said, he only keeps the exotics (2009 Gallardo Spyder) for two yrs tops.
They depreciate like a boulder, but the maintenance is the same if not worse. They are not built to last like a Camry.
In a few yrs, you will see tons of Gallardos where people have done the Twin Turbo treatment, and they will have been run into the ground....these will be the ones to avoid. Also, the ones where the owners have modded them with paint and wheels. The Gallardo has been produced since 2003. And in that time, Ferrari had the 360 Modena, then introduced the 430, and has introduced the 458...that is three models, all during the Gallardo's run. So you are going see some very worn Gallardos on the market.
The early Murcis are the same as well. They startec production in 2004ish. Ferrari had the 550/575 Maranello, and the 599...that is two cars within the production lifespan of the Murci. The Aventador is a 2011/12 model. Ferrari just released the F12...
So, you see, there will be an influx of worn Murcis, due to the long production run.
what about these
(http://www.thetorquereport.com/pagani_huayra_fr_new.jpg)
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the Diablo still retain a high resale Value amongst used Lambos.....they have a large collection of them in Fort Lauderdale.....they still going for 90 to 100k easy
that's why there is a large collection of them...and it's Ft Lauderdale...
Sit in one, one day...you'll need Goodrum's arms to touch the steering wheel.
Also read Never Meet Your Heroes on 0-60mag.com
But, my favorite Diablo of all time is a black Diablo VT and the GT, the last Lambo before Audi took over--that is the Shit!!!what about these
(http://www.thetorquereport.com/pagani_huayra_fr_new.jpg)
Works of art, look at the walk thru of the facility on Drive on YouTube...that thing will be marveled for yrs to come...quality of the highest level...just damn beautiful...
Horatio Pagani also worked for Lamboghini as well...and has outdone them with his second model.
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they switch hands like 20 dollar bills...multiple owners over time. Like Xfactor had said, he only keeps the exotics (2009 Gallardo Spyder) for two yrs tops.
They depreciate like a boulder, but the maintenance is the same if not worse. They are not built to last like a Camry.
In a few yrs, you will see tons of Gallardos where people have done the Twin Turbo treatment, and they will have been run into the ground....these will be the ones to avoid. Also, the ones where the owners have modded them with paint and wheels. The Gallardo has been produced since 2003. And in that time, Ferrari had the 360 Modena, then introduced the 430, and has introduced the 458...that is three models, all during the Gallardo's run. So you are going see some very worn Gallardos on the market.
The early Murcis are the same as well. They startec production in 2004ish. Ferrari had the 550/575 Maranello, and the 599...that is two cars within the production lifespan of the Murci. The Aventador is a 2011/12 model. Ferrari just released the F12...
So, you see, there will be an influx of worn Murcis, due to the long production run.
When you drive exotics you don't concern yourself with maintenance costs. At least that's what I use to think until I replaced a clutch in a Lambo. The maserati was the best exotic,for me at least. Definitely no where near the show stopper or horsepower but best bang for the buck.
Will give some feedback on the R 8 shortly.
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what about these
(http://www.thetorquereport.com/pagani_huayra_fr_new.jpg)
Ya that is a nice ride man. Love that car
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If you are in the market for a fast car, whether it be for the street, drag, or the track, you do not purchase a used exotic. Newer supercars are bought by individuals with a lot of disposable income. A middle-class man who has some smarts can easily obtain a car that will be quicker than a supercar for under 60k....just wont reach those top end speeds....then again, where would u reach those anyway?
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If you are in the market for a fast car, whether it be for the street, drag, or the track, you do not purchase a used exotic. Newer supercars are bought by individuals with a lot of disposable income. A middle-class man who has some smarts can easily obtain a car that will be quicker than a supercar for under 60k....just wont reach those top end speeds....then again, where would u reach those anyway?
You don't really buy a Lambo to race other cars. If you could have a Nissan vs a Lambo what would it be? Lambos are a blast to drive. Too much maintenance though.
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When you drive exotics you don't concern yourself with maintenance costs. At least that's what I use to think until I replaced a clutch in a Lambo. The maserati was the best exotic,for me at least. Definitely no where near the show stopper or horsepower but best bang for the buck.
Will give some feedback on the R 8 shortly.
how much did it cost for the Lambo's clutch...
You see, there is prevalent attitude amongst us everyday men, that looks at these YouTube vids, and what not thinks if we get these cars used, that we'd be ballin'
And then reality hits with those costs.
It was said that the Nissan GT-R costs the most for upkeep, compared to its costs. There was a guy on here who had a 2010 GT-R and spoke on the maintenance costs.
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You don't really buy a Lambo to race other cars. If you could have a Nissan vs a Lambo what would it be? Lambos are a blast to drive. Too much maintenance though.
True, but they dont outclass inferior cars by that much anymore. Nissan, you say? The fastest GTRs are stomping all over the exotics, although at close to 90 grand, Id say its close to being an exotic itself.
My old nitroused and H/C trans am was a consistent high 9 second car....it was loud, crude...but thats all i personally want out of my cars...able to take it to the track, then drive to the local kwickie mart to pick up the latest Legworld magazine.
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how much did it cost for the Lambo's clutch...
You see, there is prevalent attitude amongst us everyday men, that looks at these YouTube vids, and what not thinks if we get these cars used, that we'd be ballin'
And then reality hits with those costs.
It was said that the Nissan GT-R costs the most for upkeep, compared to its costs. There was a guy on here who had a 2010 GT-R and spoke on the maintenance costs.
7 grand after about 13,000 miles
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True, but they dont outclass inferior cars by that much anymore. Nissan, you say? The fastest GTRs are stomping all over the exotics, although at close to 90 grand, Id say its close to being an exotic itself.
My old nitroused and H/C trans am was a consistent high 9 second car....it was loud, crude...but thats all i personally want out of my cars...able to take it to the track, then drive to the local kwickie mart to pick up the latest Legworld magazine.
Ya ya I was talking about the gtr. Definitely a beast, but it just doesn't look cool to me. Only a few hardcore car fans really know what it is. And Asians.
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7 grand after about 13,000 miles
Actually it was less. I think I replaced at 11 or 12k miles
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yes maintainance cost will probably add up as much as you payed for the car itself over the years for an exotic like that. if you add turbos. say goodbye to drivetrain. maybe engine too..
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Actually it was less. I think I replaced at 11 or 12k miles
But still in that range...that is the cost of some used cars, that will last longer...
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Yeah at my last base there were two Lt Colonels who picked up used exotics. One let his hot blonde wife drive his yellow Gallardo, and the other was seen racking up the mileage on his Ferrari 360 Modena....then there was the handful of enlisted guys with Vipers. I'm pretty sure they didn't think about the maintenance cost when purchased...which is dumb to begin with when in the military.
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they switch hands like 20 dollar bills...multiple owners over time. Like Xfactor had said, he only keeps the exotics (2009 Gallardo Spyder) for two yrs tops.
They depreciate like a boulder, but the maintenance is the same if not worse. They are not built to last like a Camry.
In a few yrs, you will see tons of Gallardos where people have done the Twin Turbo treatment, and they will have been run into the ground....these will be the ones to avoid. Also, the ones where the owners have modded them with paint and wheels. The Gallardo has been produced since 2003. And in that time, Ferrari had the 360 Modena, then introduced the 430, and has introduced the 458...that is three models, all during the Gallardo's run. So you are going see some very worn Gallardos on the market.
The early Murcis are the same as well. They startec production in 2004ish. Ferrari had the 550/575 Maranello, and the 599...that is two cars within the production lifespan of the Murci. The Aventador is a 2011/12 model. Ferrari just released the F12...
So, you see, there will be an influx of worn Murcis, due to the long production run.
In a few yrs, you will see tons of Gallardos where people have done the Twin Turbo treatment, and they will have been run into the ground....these will be the ones to avoid.
It's rare people do the twin turbos so you wont see tons of them , and what makes you think they will be run into the ground? the beef up the internals and just about every part that is going to fail if anything these will last longer even if they are driven really hard. Underground Racing offers a 2 year warranty on their kits , that speaks volumes about work.
Also, the ones where the owners have modded them with paint and wheels.
Paint I agree with , wheels not so much because usually when someone buys new wheels they still have the originals and include them in the sale.
The Gallardo has been produced since 2003. And in that time, Ferrari had the 360 Modena, then introduced the 430, and has introduced the 458...that is three models, all during the Gallardo's run
That's not really three models , more like two seeing the 430 is just a refreshed 360 not a completely new car , the 458 is. That's like saying the the Supperleggera is a ' new ' car when it's not really , just a refresh of the original , same with the 560/570
The trend with these lower end cars is to dump them before their first major service usually 15K miles that's why you tend to see cars with lower miles than this for sale , rare you see an exotic with over 30K miles
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^Ferrari considers the 430 a new car...
It would be like calling the 355 a refresh of the 348, and the 360 a refresh of the 355.
The 430 had a different engine designation, and was the basis for the Maserati v8.
Yes, styling wise it was an evolution of the 360, but it had cues from the Enzo like the rear lights.
I don't know the number of TT Gallardos, but I've seen some at car shows in my area, and in Raleigh, and NC is Underground Racing's playground...
How many have done the TT thing is anyone's guess, but it should make a person wary, but anybody who buys the car will probably have a service record from the dealer/owner anyway.
What I really think, is that these cars are awesome stock, leave it be. Because of the Bugatti, I believe that people who don't have. Bugatti money, or can't get ahold of one, have this thing about out horse powering and out shooting a Bugatti, and there has been a market for that. I think it kinda started with the "1400 hp" Supras.
I maybe wrong, but I had that suspicion for awhile.
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Tito24 and I share a matte green Lamborghini Diablo. We mainly use it for the Gumball rally. I don't know if it holds its value. We just used some pocket change to purchase it.
(http://www.carsbase.com/photo/Lamborghini-Diablo_Roadster_mp28_pic_12972.jpg)
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what about these
(http://www.thetorquereport.com/pagani_huayra_fr_new.jpg)
What kind of car is this?
Also, Parker, when you say NC is underground racings playground, is that because of the top notch quality of roads, or something else?
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^Ferrari considers the 430 a new car...
It would be like calling the 355 a refresh of the 348, and the 360 a refresh of the 355.
The 430 had a different engine designation, and was the basis for the Maserati v8.
Yes, styling wise it was an evolution of the 360, but it had cues from the Enzo like the rear lights.
I don't know the number of TT Gallardos, but I've seen some at car shows in my area, and in Raleigh, and NC is Underground Racing's playground...
How many have done the TT thing is anyone's guess, but it should make a person wary, but anybody who buys the car will probably have a service record from the dealer/owner anyway.
What I really think, is that these cars are awesome stock, leave it be. Because of the Bugatti, I believe that people who don't have. Bugatti money, or can't get ahold of one, have this thing about out horse powering and out shooting a Bugatti, and there has been a market for that. I think it kinda started with the "1400 hp" Supras.
I maybe wrong, but I had that suspicion for awhile.
^Ferrari considers the 430 a new car...
It would be like calling the 355 a refresh of the 348, and the 360 a refresh of the 355.
The 430 had a different engine designation, and was the basis for the Maserati v8.
Yes, styling wise it was an evolution of the 360, but it had cues from the Enzo like the rear lights.
The 355 was the 348 done correctly , how Ferrari should have did it the first time. Of course Ferrari considers the 430 ' new ' but you and I know it's more of a refresh to hold people off until the new model is ready , like the 550,575 and ultimately the 599 until the F12 was ready
I don't know the number of TT Gallardos, but I've seen some at car shows in my area, and in Raleigh, and NC is Underground Racing's playground...
For most people the Gallardo is enough car only the super fringe want the twin turbo ones . I get your point about being weary of buying these cars but if anything these will be able to take more of a beating
What I really think, is that these cars are awesome stock, leave it be. Because of the Bugatti, I believe that people who don't have. Bugatti money, or can't get ahold of one, have this thing about out horse powering and out shooting a Bugatti, and there has been a market for that. I think it kinda started with the "1400 hp" Supras.
I maybe wrong, but I had that suspicion for awhile.
I tend to agree but apparently there is a market for them , I think you can blame the Supra's and John Hennessey for 1000+ HP Vipers now both which have been out longer than the Veyron
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What kind of car is this?
Also, Parker, when you say NC is underground racings playground, is that because of the top notch quality of roads, or something else?
Pagani Huayra and Underground is located in North Carolina.
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love this vid