Future Values of Low Mileage F430s | FerrariChat

Future Values of Low Mileage F430s

Discussion in '360/430' started by TheBigDot, Jul 11, 2021.

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  1. TheBigDot

    TheBigDot Karting

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    #1 TheBigDot, Jul 11, 2021
    My first Ferrari purchase was back in 2007. It was an F430 Spider. Three Fcars on, I still have great memories of that car. I am contemplating purchasing one with low miles and similar specs as the one I first purchased. However, I am viewing the purchase more as the start of a collection rather than to drive it (I have my 488 for that). I am curious what the best sources of vehicle deprecation and appreciation exist so I can see where this vehicle is on the curve and figure out if it might make a good investment.
     
  2. E60 M5

    E60 M5 Moderator
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    #2 E60 M5, Jul 11, 2021
    F430 investment = no
    Collection = maybe?

    Ferrari Market Letter for pricing.
     
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  3. TheBigDot

    TheBigDot Karting

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    #3 TheBigDot, Jul 11, 2021
    Thats probably a better way of putting it, more of a collection car. I am not fussed about its future value. I just do not want to overpay. That said, it seems manuals are going for a significant premium over automatics.
     
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  4. TheBigDot

    TheBigDot Karting

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    #4 TheBigDot, Jul 12, 2021
    In reviewing the market, I am simply shocked at how the asking price for a manual can be upwards of 100% the asking price of similar spec'd automatics. Where $150,000 would get you a nice F430 Spider auto, $300+ is the ask on manuals. I understand the desirability of the manual, but wow is that a jump.
     
  5. E60 M5

    E60 M5 Moderator
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    #5 E60 M5, Jul 12, 2021
    To me a better collector car would be the CS, from this type model era, even over a manual.
     
  6. ttforcefed

    ttforcefed F1 World Champ
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    #6 ttforcefed, Jul 12, 2021
    i bought my 430 spider f1 in 07. $278kK sticker. it has 3900 miles today. red/tan, equivalent to a 100 point car. i would not take $175k for it.
     
  7. one4torque

    one4torque F1 Veteran
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    #7 one4torque, Jul 12, 2021
    E60 m5- how bout scud vs cs for upside?
     
  8. ttforcefed

    ttforcefed F1 World Champ
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    #8 ttforcefed, Jul 12, 2021
    Cs. Way fewer and its just a better experience on the street.
     
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  9. E60 M5

    E60 M5 Moderator
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    #9 E60 M5, Jul 12, 2021
    ^this
     
  10. Raconteur

    Raconteur F1 Rookie
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    #10 Raconteur, Jul 13, 2021
    Data driven analysis. Albeit, I believe he only has listed prices, not the sales figure. Please correct if not the case.

    He also does a video on the 360.

     
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  11. F430Bill

    F430Bill Karting

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    #11 F430Bill, Jul 13, 2021
    I have been watching the market for F430s for a while and can state that the prices were much lower 2 years ago and that appears to be the bottom of the depreciation curve and it is not on an uptick. In fact, I would estimate that the prices are up by about 25% compared to the low mark

    For example, you could have bought a nice F430 spider for $125k two years ago and 6 months ago that was probably $150k and now $175k.

    In your situation, if you find a nice car, it will simply be what the owner wants to sell it for. I personally think the price for a gated F430 is ridiculous, but there are lots of people going crazy for those cars even at $300k.

    Cars are rarely good investments and often times it is super skill or super luck that produces huge gains for an owner.

    When I bought my 6,200 mile F430 F1 Spider Rosa/Tan for $140k, my goal was to own the car and hope to break even if I decide to sell or take a little loss. Currently, I could sell for a nice profit, but I like the car more than making $25k or so in profit.
     
  12. TheBigDot

    TheBigDot Karting

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    #12 TheBigDot, Jul 14, 2021
    His videos are well done, and show where the trends are.
     
  13. TheBigDot

    TheBigDot Karting

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    #13 TheBigDot, Jul 14, 2021
    I never purchase a vehicle for investment purposes. They are emotional purchases. However, I would not want to purchase a vehicle priced at the top of the market only to see significant depreciation. There seems to be a significant market bubble with cars at the moment, consistent with market bubbles in other asset classes. Good time to sell, not a good time to buy.
     

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