Have F430's bottomed out?

[markst]

tbh i'm sure they will tick down slightly as 458 keep drooping , but as for losing loads on an 05/06 , I doubt it.

I've been watching the market for ages, and tbh manual 430s that came up privately @ 69k, seemed to turn up 2 weeks later at a dealers for 79......with the one at Slades is a prime example....

although the 08 one at redline for £82k , I know they bought sight unseen for 70.....on a thurs ! I know as I was booked in to see it on the Friday....oh well

but perhaps a blessing in the end as the owner had a hire car business - but if you looked hard, you found he also had a supercar hire business as a sideline...........hiring out...a red 430....lol, still a bargain though.

I bought a Silverstone manual spider and tbh I only expect to lose the dealer margin ....and should get over 60k for it any day of the week.....

but in the end , after having had 4 other tipos over the years , this time i'm really not bothered, I bought it to drive, not an investment.....so I couldn't car less as to value...

[X7LDA]

Nano2nd said:

i personally would say a manual would be worth more than the equivalent F1 car

Try selling one...!

[SlartiF430]

X7LDA said:

Try selling one...!

I considered manual first when buying for the same reason. I realised that the f1 was so good that I simply didn't want the manual. The 430 f1 will also have its place in history - ferraris first proper f1 derived robotic manual for road cars that actually works pretty well.

[Nano2nd]

X7LDA said:

Try selling one...!

I think that was my point, try selling anything over £20k on the second hand maket is a challenge! Over the last few years I've sold a z4m coupe, 997 c2s and a Boxster S 981 all of them were a pain in the ass to move and I had to drop my price accordingly to get then shifted, the only cars I've ever sold that were easy was 2 run of the mill VWs both sub £15k. It's the buyers that dictate the price when your at this level, whether it's a manual or f1 will still be a pig to shift.

[Nano2nd]

X7LDA said:

Try selling one...!

Plus I'm aware of on guy on here who sold his manual 430 for pretty much the asking price to the first person that came to view without even advertising it.

[X7LDA]

Nano2nd said:

X7LDA said:

Try selling one...!

Plus I'm aware of on guy on here who sold his manual 430 for pretty much the asking price to the first person that came to view without even advertising it.

Not my point - my point is that manuals are harder to sell than the F1 and they go for less money. Fact. I heavily researched F430's before I bought mine and the manual ones can hang about for a long time.

Nano2nd said:

X7LDA said:

Try selling one...!

I think that was my point, try selling anything over £20k on the second hand maket is a challenge! Over the last few years I've sold a z4m coupe, 997 c2s and a Boxster S 981 all of them were a pain in the ass to move and I had to drop my price accordingly to get then shifted, the only cars I've ever sold that were easy was 2 run of the mill VWs both sub £15k. It's the buyers that dictate the price when your at this level, whether it's a manual or f1 will still be a pig to shift.

Sorry but that's just not true. And you're first comment I've quoted above contradicts that massively... My reference specifically was for a manual F430 vs an F1 F430. The latter move quicker.

In regards to your separate point however, I've sold two Astons privately and both were very straight forward and simple. My friend who has posted on this thread just one page back put his F430 F1 up for sale (for more than he paid for it) and it sold in under a week. I enquired about a number of F430's before I bought mine and they had all sold by the time I called. Mine is currently up for sale and I've had two offers in a number of days. Ferrari owners are (usually) much more able to sit to get the right price.

I don't mean to sound rude but the cars you mention are normal sports cars that have literally hundreds to choose from. Hardest car I sold privately was a Cayman S as it was up against another 50 like it.

Again, my point was Manual vs F1 F430 specifically.

[X7LDA]

SlartiF430 said:

X7LDA said:

Try selling one...!

I considered manual first when buying for the same reason. I realised that the f1 was so good that I simply didn't want the manual. The 430 f1 will also have its place in history - ferraris first proper f1 derived robotic manual for road cars that actually works pretty well.

Agreed. It's definitely a personal choice however once you drive the F1 you can see why it's generally more desirable.

[lanan]

My manual F430 has just gone and I am now looking for an F1.
Perhaps one of the reasons for these cars moving slowly is that private sellers often pitch their car close to dealer retail prices.
I have only ever bought one used car from a dealer and that was the F430, as I wanted the warranty. Which immediately covered the clutch etc that were then changed. To buy privately, which I am happy to do, the price difference must reflect the lack of after sales care.

[Durzel]

I'm unsure as to what value the Ferrari Power warranty has when it seems that the seemingly common problem areas like manifolds, top mounts and track rod ends etc are considered wear and tear items?

Appreciate that some people have said that they've got Ferrari to pay for or contribute towards replacement manifolds as a "goodwill gesture", but goodwill isn't something I'd want to put faith in.

Regards prices - it does seem to me that private sellers are overly optimistic, given they can't offer finance or the usual protections a dealer can. Ultimately private sales are always caveat emptor, so long as their present condition is described accurately.

[dopamine]

To the OP,

Not sure if you have seen this market watch thread by Aldous Voice?

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

I follow it monthly and find it brilliant. I have what I suppose some would consider a less desirable F430... Grigio Silverstone, with black Daytona interior, manual, coupe with Carbon Ceramics. It was actually the exact spec I wanted. Colour choice was personal fave, but manual because it's the last Ferrari v8 to have it, but hopefully not my last Ferrari v8 if you see what I mean. I have driven both and love the F1 (ESP. Change noises), but just can't help but think i'd miss the gearstick and the challenge of getting it all just right... The F1 made it all feel too easy.

The nicest thing about Voiceys market watch IMO is the overall lack of depreciation (less than 2% since August 2013) coupled with again IMO, not too much of a hit on mileage. Mine had 18k when I bought it, 23k now six months later. Based on Voiceys figures driving it up towards 30k isn't going to break the bank... And I do really love driving it

It is worth noting, as others already have that while depreciation is unlikely to hurt much, maintenance can be a bit pricey. I just changed all 8 ball joints. Through Ferrari this would have been eye watering. I used a respected independent and bought Hill Engineering ball joints and even after saving fortunes on Ferrari supply and fit it was sill heading towards £3k...

Cheers

Travis

[HA12RSS]

I've really enjoyed reading this and everyone's comments, from spending a lot of time researching prices recently most cars are fairly easy to price within £2-3K of each other and it seems that every 1000 miles additional they have on them takes another £1000 of the price?

[Durzel]

HA12RSS said:

I've really enjoyed reading this and everyone's comments, from spending a lot of time researching prices recently most cars are fairly easy to price within £2-3K of each other and it seems that every 1000 miles additional they have on them takes another £1000 of the price?

This is a good place to start really regards market values.

I'm not sure it's as clinical as +1000 miles = £1000 less, but it seems the cars are more mileage sensitive than age. Colour is of course another significant factor, but is only really relevant in terms of what you want - i.e. are you planning to exit in a specific timeframe, etc.

Another thing to consider is that most people seem to want to buy these cars from a dealer, either because of the perceived security (though I doubt most 3 month warranties cover much of anything on these cars) or because of the facilities they offer - e.g. finance. Therefore I think it's pretty important to get the best deal you can at the point you purchase to reduce the spread when you inevitably have to sell it back to one.

Happy to be told this is wrong though, I'm only looking at it from the perspective of a prospective purchaser myself.

[mike01606]

Durzel said:

This is a good place to start really regards market values.

I'm not sure it's as clinical as +1000 miles = £1000 less, but it seems the cars are more mileage sensitive than age. Colour is of course another significant factor, but is only really relevant in terms of what you want - i.e. are you planning to exit in a specific timeframe, etc.

Another thing to consider is that most people seem to want to buy these cars from a dealer, either because of the perceived security (though I doubt most 3 month warranties cover much of anything on these cars) or because of the facilities they offer - e.g. finance. Therefore I think it's pretty important to get the best deal you can at the point you purchase to reduce the spread when you inevitably have to sell it back to one.

Happy to be told this is wrong though, I'm only looking at it from the perspective of a prospective purchaser myself.

The 430 market value thread and Voicey's associated blog is priceless when looking to buy one of these cars (or a 360)

I know when I was looking for a 360 it took a while to get dialed into prices as they seems to be all over the place.

The other major thing is condition which is very variable. Condition and history are everything to me. Colour, exact spec and mileage are more secondary nice to haves.