Ferrari 360 Market Watch (December 2014)

Forget the slight dip in prices I announced last month, average Ferrari 360 asking prices have jumped an astonishing 7.74% in the intervening period.  The price index is now 119.22, up 22% during 2014.

Index_Dec14

The average asking price is just off £60k.  When I started this series I never thought I would be typing such a thing!

Index_table_Dec14

The market has shrunk considerably since last month.  There are only 28 cars in the data set now, down from 41 the prior month.  It seems that all the cheaper cars have been sold leaving the higher priced examples which has pushed the average price up.  I recall this happening last winter when all the quality sub £40k cars were snapped up and set the tone for the subsequent jump in values.

count_over55_dec14

Here’s the data cut up in the usual way:

360_main_table_dec14

Here’s the plot of mileages vs asking prices:

360_price_vs_miles_dec14

The theoretical asking prices for different mileages:

360_theoretical_price_dec14

Finally, here’s the table showing which cars have been sold and which are new (as with all the charts, you can click on it and zoom in for a bigger view).

MoM_dec14

That’s it for now.  Once Christmas is over we can see of these price rises are sustainable.  I personally can’t see another jump like last year unless F430 prices start to rise.  Please do get in touch if you want anything in particular.

Related posts:

Other posts in this category: Buying and Selling

Pistonheads price threads:

If you enjoyed this post why not subscribe to this blog for further updates? Simply enter your email address in the box at the bottom of this page.  Your details will not be shared.

 


3 thoughts on “Ferrari 360 Market Watch (December 2014)

  1. The example at £89,450 you keep quoting was reduced some time ago to £84,450? A £5K drop. I don`t know how this affects the general pricewatch? Thanks anyway as very enlightening.

    1. Hi Mick,

      It is still listed at £89,490 on the vendors website (which was where I was sourcing the data). However, as you point out, the car is listed on Autotrader for £84,450. Going forward I will reduce the price of this car in my data.

      Thanks for pointing out the inconsistency!

      Aldous.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s