Looking to buy a 430 in jan.
Discussion
Finding a pre 2008 with ceramics and sports seats within budget is going to be near on impossible.
Up the budget to a 2008 onwards when ceramics became standard you may have a chance but will probably need another £20k
Funny how the car you really want is always a little bit more and some.
Had to up my budget by £80k ( 50% ) on my latest purchase but apparently you only need 1 kidney
Up the budget to a 2008 onwards when ceramics became standard you may have a chance but will probably need another £20k
Funny how the car you really want is always a little bit more and some.
Had to up my budget by £80k ( 50% ) on my latest purchase but apparently you only need 1 kidney
So much great guidance here guys thanks, I don't know anyone with these cars so is good to get all the info I need off here. I'm going to have a look at Slarti's and also what looks like a great example at Hamilton Greys too next week. I may have to up my budget by another £10-20k but as already stated the more you spend the more you lose.
I think the main point is this, if I'm buying the car for me I want to put miles on it and enjoy it so buy one that I won't lose loads on thats lesser priced, whereas if I want an investment I should buy a low miles one and not use it at all, and if I do worry what each mile I drive is depreciating it by. I want the car for me, the investment is at the back of my thoughts. I think I'm looking too deep in to all the price v mileage thing as cars are worth what someone will pay so I need to get out there and buy one! :-)
I think the main point is this, if I'm buying the car for me I want to put miles on it and enjoy it so buy one that I won't lose loads on thats lesser priced, whereas if I want an investment I should buy a low miles one and not use it at all, and if I do worry what each mile I drive is depreciating it by. I want the car for me, the investment is at the back of my thoughts. I think I'm looking too deep in to all the price v mileage thing as cars are worth what someone will pay so I need to get out there and buy one! :-)
The prices seem pretty firm, probably because the 458 remains a considerable jump upwards price wise.
As has been said already you're going to lose at least the dealer profit the moment you drive it away, I would hazard a guess that dealers are bidding circa £8k less, maybe more, than the prices you see on the windscreen.
It's best to go in eyes open I think, voicey's blog on these cars is invaluable and highlights the fact that the exhaust manifolds (if Ferrari OEM) are pretty much a consumable item. Suspension components like ball joints and top mounts are likewise at risk. The clutch on F1 cars is at least a £2k job to replace, and can wear badly if driven poorly (reverse in particular is apparently quite harsh on it).
The cars are brilliant, but were ~£120k at launch so it's safe to assume - and prepare yourself - for commensurate running costs. You might be lucky and only lose the spread selling back to dealer, you might not and have several things you end up having to repair.
Personally I wouldn't run one of these cars without a Ferrari Power warranty, even with a slush fund, but I'm rather averse to risk, others might prefer to just put that money aside. I haven't enquired myself yet but I believe the warranty is £2000-£2500 a year, so something to bear in mind in your cost considerations if you intend to get it.
The above all said I can think of worse ways to lose money, I've lost several thousand on various bits of tech that have depreciated or failed and they've given me nothing like the feeling driving a 430 has. You're a long time dead, so do it!
As has been said already you're going to lose at least the dealer profit the moment you drive it away, I would hazard a guess that dealers are bidding circa £8k less, maybe more, than the prices you see on the windscreen.
It's best to go in eyes open I think, voicey's blog on these cars is invaluable and highlights the fact that the exhaust manifolds (if Ferrari OEM) are pretty much a consumable item. Suspension components like ball joints and top mounts are likewise at risk. The clutch on F1 cars is at least a £2k job to replace, and can wear badly if driven poorly (reverse in particular is apparently quite harsh on it).
The cars are brilliant, but were ~£120k at launch so it's safe to assume - and prepare yourself - for commensurate running costs. You might be lucky and only lose the spread selling back to dealer, you might not and have several things you end up having to repair.
Personally I wouldn't run one of these cars without a Ferrari Power warranty, even with a slush fund, but I'm rather averse to risk, others might prefer to just put that money aside. I haven't enquired myself yet but I believe the warranty is £2000-£2500 a year, so something to bear in mind in your cost considerations if you intend to get it.
The above all said I can think of worse ways to lose money, I've lost several thousand on various bits of tech that have depreciated or failed and they've given me nothing like the feeling driving a 430 has. You're a long time dead, so do it!
Some great feedback and comments here guys, every relevant to me as I have been looking at F430's with a view to purchase as soon as possible, I want a fair priced car with good history and low miles, it will also be my 1st F car and I'm a little worried to say the least, really silly as I have the nice watch and coffee machine lol yet still find this to be a really big deal, I was looking for an F355 but the one's I saw were not for me, the one's for sale are over priced by one particular dealer that rimes with Spades!!
What I have found out after dropping in to my local Wilmslow Ferrari dealers is that nobody has a good word for anyone else, unless it's their car your buying the others are not worth buying.
The car that has got my eye currently is a red/crema 2008 spider F430 with 11k miles, 4 owners, priced at £79,995 on eBay, it may have gone already but still advertised, Stratstone wilmslow just sold one similar for £85k but they tell me they couldn't repeat that deal as they made a loss on that car preparing it for sale and the 12 months plus 12 months warranty that they claim is THE best you could get and a requirement for anyone wishing to buy a Ferrari!!
The general consenous seems to be that one must buy in NOW or suffer the increase in value, it seems NOTHING in the Ferrari showroom is one the slide which I find exacerbating as I try to make this once in a lifetime play.
Would love to hear more of your thoughts, good luck to the OP with your search!!
What I have found out after dropping in to my local Wilmslow Ferrari dealers is that nobody has a good word for anyone else, unless it's their car your buying the others are not worth buying.
The car that has got my eye currently is a red/crema 2008 spider F430 with 11k miles, 4 owners, priced at £79,995 on eBay, it may have gone already but still advertised, Stratstone wilmslow just sold one similar for £85k but they tell me they couldn't repeat that deal as they made a loss on that car preparing it for sale and the 12 months plus 12 months warranty that they claim is THE best you could get and a requirement for anyone wishing to buy a Ferrari!!
The general consenous seems to be that one must buy in NOW or suffer the increase in value, it seems NOTHING in the Ferrari showroom is one the slide which I find exacerbating as I try to make this once in a lifetime play.
Would love to hear more of your thoughts, good luck to the OP with your search!!
It's not unusual to buy unseen, the local Stratstone one I missed was a deal done that way, I asked them could they purchase this one and sell to me at £85k but they said they couldn't get the warranty prep work done for that as the other one needed 9k spent to get it up to their standard, they also said they made a loss of £700 on that F430, their other F430's are black, lower spec, higher miles for more money, didn't understand that but thats the reality as of today.
I bought mine from Rardley motors and I found Mike there a pleasure to deal with. I used Aldous Voice reviewing prices and looking at the market in general over the past 6 months. With these cars I think it is important to set your budget. It is all too easy to say ohh it would be nice to have this and maybe that. Those nice to haves tend to cause the price to creep up and also sometimes take away from looking at the quality of the overall car. I think it is important to establish a good relationship with an independent garage. I carried out a number of phone calls with Ferrari dealers to see how they handled the customer service side. In my opinion the prices paid here are excessive and potentially you are not getting passion for the product and value. I found phone call questions concerning cars that had been serviced by them but they were not selling were not returned. I found from independents they were much more rounded about the product and open to talk about other cars and dealers on the market. I think it is worth phoning various independents to discuss the cars in general and get a feel of how you find them to do business with. I normally find a good independent then watch for the cars they have and wait to see one with them that has the spec I want.
Have fun with the search - I can't wait for the sun to break through and be able to get some nice miles under my belt.
Have fun with the search - I can't wait for the sun to break through and be able to get some nice miles under my belt.
dvb247 said:
Some great feedback and comments here guys, every relevant to me as I have been looking at F430's with a view to purchase as soon as possible, I want a fair priced car with good history and low miles, it will also be my 1st F car and I'm a little worried to say the least, really silly as I have the nice watch and coffee machine lol yet still find this to be a really big deal, I was looking for an F355 but the one's I saw were not for me, the one's for sale are over priced by one particular dealer that rimes with Spades!!
What I have found out after dropping in to my local Wilmslow Ferrari dealers is that nobody has a good word for anyone else, unless it's their car your buying the others are not worth buying.
The car that has got my eye currently is a red/crema 2008 spider F430 with 11k miles, 4 owners, priced at £79,995 on eBay, it may have gone already but still advertised, Stratstone wilmslow just sold one similar for £85k but they tell me they couldn't repeat that deal as they made a loss on that car preparing it for sale and the 12 months plus 12 months warranty that they claim is THE best you could get and a requirement for anyone wishing to buy a Ferrari!!
The general consenous seems to be that one must buy in NOW or suffer the increase in value, it seems NOTHING in the Ferrari showroom is one the slide which I find exacerbating as I try to make this once in a lifetime play.
Would love to hear more of your thoughts, good luck to the OP with your search!!
I had also made enquiries earlier in the week about this car, and have been told that it's been sold.What I have found out after dropping in to my local Wilmslow Ferrari dealers is that nobody has a good word for anyone else, unless it's their car your buying the others are not worth buying.
The car that has got my eye currently is a red/crema 2008 spider F430 with 11k miles, 4 owners, priced at £79,995 on eBay, it may have gone already but still advertised, Stratstone wilmslow just sold one similar for £85k but they tell me they couldn't repeat that deal as they made a loss on that car preparing it for sale and the 12 months plus 12 months warranty that they claim is THE best you could get and a requirement for anyone wishing to buy a Ferrari!!
The general consenous seems to be that one must buy in NOW or suffer the increase in value, it seems NOTHING in the Ferrari showroom is one the slide which I find exacerbating as I try to make this once in a lifetime play.
Would love to hear more of your thoughts, good luck to the OP with your search!!
I think the £8k trader mark up is about right and pretty fair. Can you negotiate sale price with dealers? I was lucky that I sold the GTR for pretty much what I paid for it and had it on the company accounts for a year too!
Say you're looking at an £80k car with no faults and recently checked over what can you realistically offer / buy it for or is it a case of that's the price?
Say you're looking at an £80k car with no faults and recently checked over what can you realistically offer / buy it for or is it a case of that's the price?
Durzel said:
The prices seem pretty firm, probably because the 458 remains a considerable jump upwards price wise.
As has been said already you're going to lose at least the dealer profit the moment you drive it away, I would hazard a guess that dealers are bidding circa £8k less, maybe more, than the prices you see on the windscreen.
It's best to go in eyes open I think, voicey's blog on these cars is invaluable and highlights the fact that the exhaust manifolds (if Ferrari OEM) are pretty much a consumable item. Suspension components like ball joints and top mounts are likewise at risk. The clutch on F1 cars is at least a £2k job to replace, and can wear badly if driven poorly (reverse in particular is apparently quite harsh on it).
The cars are brilliant, but were ~£120k at launch so it's safe to assume - and prepare yourself - for commensurate running costs. You might be lucky and only lose the spread selling back to dealer, you might not and have several things you end up having to repair.
Personally I wouldn't run one of these cars without a Ferrari Power warranty, even with a slush fund, but I'm rather averse to risk, others might prefer to just put that money aside. I haven't enquired myself yet but I believe the warranty is £2000-£2500 a year, so something to bear in mind in your cost considerations if you intend to get it.
The above all said I can think of worse ways to lose money, I've lost several thousand on various bits of tech that have depreciated or failed and they've given me nothing like the feeling driving a 430 has. You're a long time dead, so do it!
Power warranty £2750 As has been said already you're going to lose at least the dealer profit the moment you drive it away, I would hazard a guess that dealers are bidding circa £8k less, maybe more, than the prices you see on the windscreen.
It's best to go in eyes open I think, voicey's blog on these cars is invaluable and highlights the fact that the exhaust manifolds (if Ferrari OEM) are pretty much a consumable item. Suspension components like ball joints and top mounts are likewise at risk. The clutch on F1 cars is at least a £2k job to replace, and can wear badly if driven poorly (reverse in particular is apparently quite harsh on it).
The cars are brilliant, but were ~£120k at launch so it's safe to assume - and prepare yourself - for commensurate running costs. You might be lucky and only lose the spread selling back to dealer, you might not and have several things you end up having to repair.
Personally I wouldn't run one of these cars without a Ferrari Power warranty, even with a slush fund, but I'm rather averse to risk, others might prefer to just put that money aside. I haven't enquired myself yet but I believe the warranty is £2000-£2500 a year, so something to bear in mind in your cost considerations if you intend to get it.
The above all said I can think of worse ways to lose money, I've lost several thousand on various bits of tech that have depreciated or failed and they've given me nothing like the feeling driving a 430 has. You're a long time dead, so do it!
Rocco1 said:
Power warranty £2750
Read small print v carefully re. whats covered. Manifolds, for example, are not covered.The engines on these cars don't blow so you've got to be very unlucky/lucky to get you're premium back.
If you think you can insure the entire car against it being nicked/smashing it to bits/smashing other cars to bits etc etc for less than a grand, that £2750 premium looks laughably high.
HA12RSS said:
I think the £8k trader mark up is about right and pretty fair. Can you negotiate sale price with dealers? I was lucky that I sold the GTR for pretty much what I paid for it and had it on the company accounts for a year too!
Say you're looking at an £80k car with no faults and recently checked over what can you realistically offer / buy it for or is it a case of that's the price?
Depends on your expectations really, and the spec of the car. I've seen some £90k+ F430s that aren't any different spec wise than other stuff for less. Ferrari dealers will be more expensive, but you'd get a Ferrari branded warranty and potentially some goodwill in the event of something that is outside the cover. Some people will pay more for that perceived peace of mind.Say you're looking at an £80k car with no faults and recently checked over what can you realistically offer / buy it for or is it a case of that's the price?
I think you'd struggle to get much off of a £80k car, assuming it is £80k because it's an above average spec or low mileage.
Rocco1 said:
Power warranty £2750
Thanks, more than I expected 
the warranty is not the only waste of money, a dealer will also try to sell you wheel insurance, gap insurance, paint protection, upholstery protection etc. etc. it's all rubbish, just make sure the car is genuinely good, pay as little as possible and spend the rest on servicing.
I nearly bought the car Slarti has two years ago, i tried to hammer the dealer down and wait for a bit, he beat me to it, it was a good buy then but it's a better buy now.
If you don't buy that one though, don't worry too much about the carbon seats, mine has standard seats and they're great, they have adjustable lumbar and bolsters and remember, 430's have adjustable steering columns as well.
Anybody who's desperate to buy a red one with crema interior can buy mine but for the foreseeable future it will be far too dear, I still love the thing.
I nearly bought the car Slarti has two years ago, i tried to hammer the dealer down and wait for a bit, he beat me to it, it was a good buy then but it's a better buy now.
If you don't buy that one though, don't worry too much about the carbon seats, mine has standard seats and they're great, they have adjustable lumbar and bolsters and remember, 430's have adjustable steering columns as well.
Anybody who's desperate to buy a red one with crema interior can buy mine but for the foreseeable future it will be far too dear, I still love the thing.
Personally I've always bought off main Ferrari dealers paying the extra money for that peace of mind that if anything goes wrong its only a phone call away getting it sorted. I've found this out the hard way buying privately once and ending up with a very large bill.
I know there are limitations on the Ferrari warranties but they do cover most of the important factors ie engine and transmission.
If I were to buy from an independant it would be from some body like Nick Cartwright who have an excellent reputation. At least then you'll have 3 months minimum cover for any problems you have, which is a requirement under law when buying from a dealer. Obviously buyer beware is the mantra when buying privately.
I wouldn't get too hung up about mileage but if it does worry you then don't get talked into a higher mileage car as you'll look at the mileage everytime you drive it and re-sale will always be at the back of your mind..
Ceramics look great but from a road driving point of view I think they make little difference. I'd want to know the manifolds had been changed, I'd want to know the clutch wear level and obviously all the stamps are in the book.
They're great cars, don't forget to enjoy it!
I know there are limitations on the Ferrari warranties but they do cover most of the important factors ie engine and transmission.
If I were to buy from an independant it would be from some body like Nick Cartwright who have an excellent reputation. At least then you'll have 3 months minimum cover for any problems you have, which is a requirement under law when buying from a dealer. Obviously buyer beware is the mantra when buying privately.
I wouldn't get too hung up about mileage but if it does worry you then don't get talked into a higher mileage car as you'll look at the mileage everytime you drive it and re-sale will always be at the back of your mind..
Ceramics look great but from a road driving point of view I think they make little difference. I'd want to know the manifolds had been changed, I'd want to know the clutch wear level and obviously all the stamps are in the book.
They're great cars, don't forget to enjoy it!
roygarth said:
Read small print v carefully re. whats covered. Manifolds, for example, are not covered.
The engines on these cars don't blow so you've got to be very unlucky/lucky to get you're premium back.
If you think you can insure the entire car against it being nicked/smashing it to bits/smashing other cars to bits etc etc for less than a grand, that £2750 premium looks laughably high.
My Scud went in for a service two weeks and was offered the option of taking out a warranty yet declined their offer The engines on these cars don't blow so you've got to be very unlucky/lucky to get you're premium back.
If you think you can insure the entire car against it being nicked/smashing it to bits/smashing other cars to bits etc etc for less than a grand, that £2750 premium looks laughably high.
Does sound rather excessive £2750
corinthian said:
the warranty is not the only waste of money, a dealer will also try to sell you wheel insurance, gap insurance, paint protection, upholstery protection etc. etc. it's all rubbish, just make sure the car is genuinely good, pay as little as possible and spend the rest on servicing.
Agree, its all commission driven nonsense...Regards prices - I missed out on that £79,999 car in Cornwall because I thought the price was a bit high, hesitated to put down a deposit as I was waiting for a PPI quote, and before I knew it it had been sold. Turns out the "we've had plenty of interest, the price is non-negotiable" schtick was actually true.
Pretty gutted about it now, to be honest.
Pretty gutted about it now, to be honest.
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