Best Value-Holding F430 Spider spec? | FerrariChat

Best Value-Holding F430 Spider spec?

Discussion in '360/430' started by Swiss Frank, May 7, 2008.

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  1. Swiss Frank

    Swiss Frank Karting

    May 6, 2008
    177
    Hong Kong
    If you were ordering a F430 Spider for fall delivery, and wanted to minimize the cost (depreciation, maintenance) you bear until having to sell it say 1, 3, 5,10 years from now, what is the most cunning spec to accomplish this?

    The biggest issue is color and tranny. The most-common red/beige with F1 is probably the most common for a good reason. Do you see that combo getting more calls at sale time than a manual with say a medium metallic blue on cream, or even a custom color? Some of the 50's-60's retro colors currently on offer are beautiful, but will a buyer be willing to stump up USD11K more for them in a few years?

    Second priority seems to be wheels, stereo and seats: do you guys have a consensus on which options seem to be what everyone's looking for?

    As to minor options: anyone have tales of woe trying to sell a "basic" or even "stripper" V8 only to find everyone's looking for some assortment of custom bits? If so, are people just looknig for a the presence of some customization as a sign that their car will be unique, or is it more like a given buyer just has to have the carbon fiber ashtray or whatever?
     
  2. ammoman

    ammoman Formula 3

    Feb 16, 2008
    2,032
    WINDERMERE FLORIDA
    Full Name:
    ERIC
    IMO the percentage of buyers for your car goes way up in the red/beige F1 combo.
    Eric
     
  3. ammoman

    ammoman Formula 3

    Feb 16, 2008
    2,032
    WINDERMERE FLORIDA
    Full Name:
    ERIC
    BTW i passed on 15 cars in 2 months looking for one that had the CC brakes.
    Eric
     
  4. RBK

    RBK F1 Rookie

    Jul 27, 2006
    3,105
    Calif and Nev
    Full Name:
    Bob
    If you are buying a car for the next buyer then speak with two or three dealers in your area. They know more than anyone else. Your time frame covers a big range as well. It sounds like you are young or not well financed and are trying to enjoy but also play it safe regarding a new Ferrari. Having to keep on eye on the odometer is no way to live imho. Best
     
  5. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    Now standard as of '08
     
  6. Swiss Frank

    Swiss Frank Karting

    May 6, 2008
    177
    Hong Kong
    RBK, good advice to talk to the dealers, thanks.

    Just turned 41, don't FEEL young; strong aeshetic sensibility, quite opinionated; financing not a problem but still not going to throw away USD10K unless I think I'm going to get 10k of joy out of it. If (to make up an example) the group concensus is that the manual will lose an extra USD25k at resale time, I just want to stack that against an estimate of how much more I'd like the manual an entire grand a month more.
     
  7. tstafford

    tstafford Formula Junior

    Mar 4, 2006
    754
    Nashville
    Full Name:
    Tim
    I'd buy the car for you, not the next guy. But I understand the question :)

    FWIW - I think there will always be people who really want a three pedal car. If you take 360 as an example, there is really no premium price for an F1. Realistically that means the F1 cars have actually depreciated more. Of course, some will say this is a result of the "issues" with the 360 F1 system. (Which are of course eliminated in the F430.)

    Buy what YOU want. Ferrari ownership isn't really an investment plan!
     
  8. onlyreal

    onlyreal Karting

    Jun 2, 2007
    111
    istanbul
    Full Name:
    oguz goker
    grigio silverstone, red interior is very common too
     
  9. Shumdit

    Shumdit Formula Junior

    May 9, 2006
    335
    Greenville, SC
    Full Name:
    Matthew B.

    I do think a zero option car might be a harder sell than one with a lot of options, but I doubt you will get enough extra on resale to pay for those pricey bits. I would buy what you want (color/trans/options) and not worry about it. It's a friggin impractical $200+K CAR! :)
     
  10. marksp

    marksp Formula Junior

    Jul 10, 2006
    737
    Redmond, WA
    Go with white. In the time frame you reference (10 years), the regions of the world in which white is the more desirable color will represent increased demand and influence on the rest of the world. Net - make the bet on leading indicators, not historical.
     
  11. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    The contemporary Ferrari market has shown us that there is very little demand or value in the 3 pedal car as F1 equipped 360's represent more then 95% of the production. I don't see F1 equipped cars depreciating greater then 3 pedal cars. The 3 pedal car maybe considered rare by some however, the demand is far and few between.

    What 360 F1 'issues' are you referring to?
     
  12. mw575

    mw575 F1 Rookie

    May 30, 2001
    2,924
    Lake Oswego,Or
    Full Name:
    Martin J Weiner,M.D.
    Not called resale red for nothing!
    Red/tan,red calipers,daytona seats, electric seats,F1,yellow tach,fender shield. This would be the minimum IMO.
    Good luck.
     
  13. TokyoF430

    TokyoF430 Karting

    Feb 9, 2007
    76
    Hello From Sunny Minami Azabu!

    Point Number 1, the biggest way to make your car a bit special in Tokyo at time of resale is order RHD. There are very few around in Tokyo but since you live here you know that - if you are in banking you know that most Brits, Aussies, and some of the Asian guys, Hong Kong, Singapore etc would not even consider LHD cars. From past experience and friends in most of the dealers this is DEFINITELY the case. Despite what Cornes might tell you.

    Point Number 2 - the most expensive resale colour is BLACK - check car sensor - ask a second hand reseller to find you a car and they will get you 20 odd red / black or beige but very few black. The worst colour in Tokyo is silver (the dark greys are OK)

    6 Speed or F1 are OK just know that Cornes will tell you themselves that depending on how much city driving you do in Tokyo (lots of gridlock in the city) expect to pay JPY 500,000 - JPY 600,000 for a new clutch at some point.

    Point Number 3, Japs don't give a hoot about options, don't expect to get anything back from dishing out big cash for options. I know of a couple of guys who paid JPY 26,000,000 - 28,000,0000 for well optioned cars only to be offered 20,000,000 a year later when the firm said your on your way to HK or SIN.

    Point Number 4, most Ferrari's depreciate in Japan UNLESS they are the latest model and or have just been released. You can go to an auction and get an excellent 2006 coupe today for between JPY 18,000,000 and JPY 19,000,000 - will check out Spider prices at the moment. I was offered a 2006 6 speed with 400 km on the clock on the road for JPY 20,000,000 - new price 6 months before was JPY 25,000,000. My friend and owner of a big dealership told me not to pay a cent over 18,000,000 for it and I didn't take it even though I could have! (My company is sending me to Singaopore this year! Lucky i didn't take it)

    Let us know how you go! Especially if you can get a RHD or not.

    Lastly, bit of a personal question, did you order a while ago or do you know someone who is happy give you there slot? Or have just recently walked into a dealer? Just interested to find out what the current wait list is...

    Really lastly, had the pleasure of a Lambo E Gear the last few days, 2007 car, amazing machine but what a pain E-Gear is trying to park in Tokyo!! 6 speed all the way for me!
     
  14. Swiss Frank

    Swiss Frank Karting

    May 6, 2008
    177
    Hong Kong
    Are stereo, seats, and wheel options all pretty comperable in holding value? Or is there a known problem (eg that cars with the bottom-end stereo just can't find buyers)?
     
  15. Shumdit

    Shumdit Formula Junior

    May 9, 2006
    335
    Greenville, SC
    Full Name:
    Matthew B.


    I don't think any F430 will have a problem finding a buyer, but if you go with a green car with bordeaux interior, you might have to wait a while to find that person. Red cars probably have a larger pool of buyers, but you could get more money if you were patient with a TDF Blue, or silver car since they are harder to find and some people really want those colors. If you offered me a Red car or a TDF, I would be more inclined to go with the TDF, so I would not have as many buying options out there since those cars are more seldom seen on the used market. Like I said before, buy what makes you happy.
     
  16. scycle2020

    scycle2020 F1 Rookie

    Jan 26, 2004
    3,477
    potomac

    just what the good doc said!!!!
     
  17. Swiss Frank

    Swiss Frank Karting

    May 6, 2008
    177
    Hong Kong
    Thanks all for the considerate advice.

    One big question: I'm not fussed for wheels/seat/stereo. I'm thinking that an eventual buyer could upgrade these at some point if they had to; is that to some extent correct?

    It sounds like the order will be somewhat similar to http://www.ferrarichat.com/forum/showpost.php?p=136240081&postcount=1079 :

    -- Spider
    -- metallic grey with tan, black dash
    -- see if I can get doors black with tan insert without spending a bomb
    -- base wheels/seats/stereo
    -- shield, yellow caps and tach
    -- probably no other options
    -- manual, 90% sure
    -- LHD, 65% sure

    Transmission is tough: part of my disatisfaction with the GT-R is the tranny. But after two weeks its definitely grown on me and while I try to shift it manually sometimes, I can't seem to do a better job than the car itself. I remember in highschool (early 80's) my best buddy and I thought it was so cool that cars until the 30s had spark advance and a lean/rich mixture right on the steering wheel. Manual might be like that by 2025...

    Steering is also tough: if I retire with this car I'd like LHD (for Switzerland). If I flip it fast I'd like LHD as thats what Japanese buyers seem to like. But if I stay in Asia-Pac 5-10 years more and keep the car that long, I'd be kicking myself for not getting RHD.
     
  18. NPWMD

    NPWMD Karting

    Apr 16, 2006
    80
    NY,FLA
    Full Name:
    Neal P Wittels, MD
    A thought:

    Frankly speaking, Ferrari ownership in the non-racing venue, as most of us, I thought, was for the enjoyment of driving the cars period. That being said why should anyone who is truly an enthusiast be concerned with resale during their ownership. A Ferrari should be bought with options that the owner likes with little thought of a return on money when it is sold for a newer model. Maybe I am in the minority here but I hope not, this is a hobby that we all enjoy and I for one would reconsider if any financing should take place to support a hobby. It seems more prudent to put your money somewhere else to make enough money to support your hobby without having to finance it.
    That way you won't have to worry about your return when it comes time to sell and buy your next Ferrari.
    Just a thought; "C'est la vie ".
     
  19. tstafford

    tstafford Formula Junior

    Mar 4, 2006
    754
    Nashville
    Full Name:
    Tim
    PCH - I'm not sure that 95% of 360s are F1. On "issues" that's why I put in quotes. If you search this board you will find many who comment that it shifts poorly, eats clutches, etc, etc. I don't agree these points, own an F1 and love it.
     
  20. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    Certainly not an exact # however, I'm confident it falls between 90-95%. The negative issues that are 'typically' associated with the F1 tranny are either a result of incorrect system set up or driver induced.
     
  21. tstafford

    tstafford Formula Junior

    Mar 4, 2006
    754
    Nashville
    Full Name:
    Tim
    Agreed on driver issues and set-up. My F1 is great!!
     
  22. racerdj

    racerdj F1 Veteran
    Owner

    Jan 19, 2003
    6,952
    Indianapolis
    Full Name:
    DJS
    Yes on the three pedal car!! I second the opinion of buying it for yourself. In my situation, I ordered all the offered carbon fiber packages. I know I will be up against other cars that do not have any carbon options when re-selling. I'm not sure of the next buyer will value it like I did.
     
  23. Swiss Frank

    Swiss Frank Karting

    May 6, 2008
    177
    Hong Kong
    On my GT-R I can't imagine how the driver could induce problems (other than abusing launch control), and there doesn't seem to be anything to set up.

    So can you guys queue me in quick, what setup problems exist or how a driver could induce problems?
     

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