Asking Prices for Manuals still climbing!!
Discussion
RamboLambo said:
tuscaneer said:
Today I've had an unseen offer on my 2005 manual 430 of 120k!
Presumably a high spec one owner car with FFSH then ????The highest advertised one with 15k miles at a main stealer is £120k retail so they probably gave sub £100k.
A bird in the hand is worth 2 in the bush
Ok here's the story....The guy that offered me 120k and myself have a mutual friend. The guy has never seen my car or met me but knows the condition of the car and the care and attention bestowed upon it by me from our mutual pal.
Anyway....This fella is a serious ferrari guy and is currently about to sell a dino he has had for donkeys years. We all k ow what dinos go for so this fella wants to sell that , slot the best part of 200k, and buy my 430 off me as he sees that as a natural for appreciation over the next 5 years.
Am I tempted??? Seriously, no....I've had the car for over 3 years now and spent a fortune on servicing and getting the car perfect. I am using it less but this last year aside it will cover a couple of thousand miles a year regardless of what turns up in the garage next to it to keep it company. I'm going to keep working like a lunatic and hopefully the numbers 4, 5 and 8 will take on a special significance to me before too long!
tuscaneer said:
27000 miles and a handful of owners pal......
Ok here's the story....The guy that offered me 120k and myself have a mutual friend. The guy has never seen my car or met me but knows the condition of the car and the care and attention bestowed upon it by me from our mutual pal.
Anyway....This fella is a serious ferrari guy and is currently about to sell a dino he has had for donkeys years. We all k ow what dinos go for so this fella wants to sell that , slot the best part of 200k, and buy my 430 off me as he sees that as a natural for appreciation over the next 5 years.
Am I tempted??? Seriously, no....I've had the car for over 3 years now and spent a fortune on servicing and getting the car perfect. I am using it less but this last year aside it will cover a couple of thousand miles a year regardless of what turns up in the garage next to it to keep it company. I'm going to keep working like a lunatic and hopefully the numbers 4, 5 and 8 will take on a special significance to me before too long!
I think you're right to hold on to this car - It's significance in Ferrari's history is absolutely huge and not yet fully realised by many..... Ok here's the story....The guy that offered me 120k and myself have a mutual friend. The guy has never seen my car or met me but knows the condition of the car and the care and attention bestowed upon it by me from our mutual pal.
Anyway....This fella is a serious ferrari guy and is currently about to sell a dino he has had for donkeys years. We all k ow what dinos go for so this fella wants to sell that , slot the best part of 200k, and buy my 430 off me as he sees that as a natural for appreciation over the next 5 years.
Am I tempted??? Seriously, no....I've had the car for over 3 years now and spent a fortune on servicing and getting the car perfect. I am using it less but this last year aside it will cover a couple of thousand miles a year regardless of what turns up in the garage next to it to keep it company. I'm going to keep working like a lunatic and hopefully the numbers 4, 5 and 8 will take on a special significance to me before too long!
What I am about to say probably isn't going to go down very well with a lot of Ferrari enthusiasts but I have to be honest..... I didn't buy my F430 Manual Spider for it's 0-60 speed, blistering performance, superb handling or to take it out on track days - I bought it simply because I love cleaning cars and keeping them absolutely perfect, admiring them when they're in a gleaming perfect state is my thing, I see them as works of art.....
I also enjoy driving 1k to 1.5k miles per year on dry, sunny days (that's enough for me) and listening to the sound of the engine.....
Finally (and probably most importantly), I bought this car because having watched and considered all aspects of the Ferrari market for approximately 18 months prior, I couldn't think of anyhere better to place my money! - Would I have bought this car if I thought for one minute that it was going to depreciate? No never, this was an opportunity for me to make some money and own a thing of real beauty!
Finally, I've said this before..... What are F430 Manual owners going to do with their money if they do sell...... Stick it in the bank and get 3% per annum at best? Yeah great!!!
Alternatively, you can put it in to another car which will more than likely lose you money!
That's my honest view - I will wait for others to tell me why I'm wrong.
I'm confident you've made the right choice Tuscaneer
I think a car is there to be driven, but then we all want different things in life 
Just be mindful of:
As I've written previously, now the significance of the manual F430s has been recognised I see them always commanding a premium, but I can't help think we are in the middle of a Mania Phase - for all interesting cars, not just the F430 manual.
Just be mindful of:
As I've written previously, now the significance of the manual F430s has been recognised I see them always commanding a premium, but I can't help think we are in the middle of a Mania Phase - for all interesting cars, not just the F430 manual.
Each to their own what they do with their cars I think but I know I won't ever subject mine to being a commuter ever again!
I think allister has hit the nail on the head ....if you cashed out right now what would you do with the money? I suppose you could trade upwards but I honestly feel that while I lust after other motors I will buy when I can afford to but not at the expense of the 430....I'd like to think my kids will benefit greatly after I'm dead and gone!
I think allister has hit the nail on the head ....if you cashed out right now what would you do with the money? I suppose you could trade upwards but I honestly feel that while I lust after other motors I will buy when I can afford to but not at the expense of the 430....I'd like to think my kids will benefit greatly after I'm dead and gone!
mwstewart said:
I think a car is there to be driven, but then we all want different things in life
Just be mindful of:
As I've written previously, now the significance of the manual F430s has been recognised I see them always commanding a premium, but I can't help think we are in the middle of a Mania Phase - for all interesting cars, not just the F430 manual.
+ 1. Just be mindful of:
As I've written previously, now the significance of the manual F430s has been recognised I see them always commanding a premium, but I can't help think we are in the middle of a Mania Phase - for all interesting cars, not just the F430 manual.
Especially anything V8 or V12 with a manual 'box
allister said:
I think you're right to hold on to this car - It's significance in Ferrari's history is absolutely huge and not yet fully realised by many.....
What I am about to say probably isn't going to go down very well with a lot of Ferrari enthusiasts but I have to be honest..... I didn't buy my F430 Manual Spider for it's 0-60 speed, blistering performance, superb handling or to take it out on track days - I bought it simply because I love cleaning cars and keeping them absolutely perfect, admiring them when they're in a gleaming perfect state is my thing, I see them as works of art.....
I also enjoy driving 1k to 1.5k miles per year on dry, sunny days (that's enough for me) and listening to the sound of the engine.....
Finally (and probably most importantly), I bought this car because having watched and considered all aspects of the Ferrari market for approximately 18 months prior, I couldn't think of anyhere better to place my money! - Would I have bought this car if I thought for one minute that it was going to depreciate? No never, this was an opportunity for me to make some money and own a thing of real beauty!
Finally, I've said this before..... What are F430 Manual owners going to do with their money if they do sell...... Stick it in the bank and get 3% per annum at best? Yeah great!!!
Alternatively, you can put it in to another car which will more than likely lose you money!
That's my honest view - I will wait for others to tell me why I'm wrong.
I'm confident you've made the right choice Tuscaneer
Such a sad view in my opinion. They're just cars. They exhibit characteristics that we find pleasurable eg the burble of the exhaust in my F430 reminded me of the vroom vroom noises I made when playing with my toys cars - except in this case I had the grown up version of the toy. They're made to be drive not looked at. Ferraris are OK looking but they'reWhat I am about to say probably isn't going to go down very well with a lot of Ferrari enthusiasts but I have to be honest..... I didn't buy my F430 Manual Spider for it's 0-60 speed, blistering performance, superb handling or to take it out on track days - I bought it simply because I love cleaning cars and keeping them absolutely perfect, admiring them when they're in a gleaming perfect state is my thing, I see them as works of art.....
I also enjoy driving 1k to 1.5k miles per year on dry, sunny days (that's enough for me) and listening to the sound of the engine.....
Finally (and probably most importantly), I bought this car because having watched and considered all aspects of the Ferrari market for approximately 18 months prior, I couldn't think of anyhere better to place my money! - Would I have bought this car if I thought for one minute that it was going to depreciate? No never, this was an opportunity for me to make some money and own a thing of real beauty!
Finally, I've said this before..... What are F430 Manual owners going to do with their money if they do sell...... Stick it in the bank and get 3% per annum at best? Yeah great!!!
Alternatively, you can put it in to another car which will more than likely lose you money!
That's my honest view - I will wait for others to tell me why I'm wrong.
I'm confident you've made the right choice Tuscaneer
not beautiful like Astons are. In fact I never thought my 430 even came close to the better looking F cars. We're all going to have different views on this, but buying a drivers car because it's going appreciate is all wrong. Im going to enjoy mine while my health allows it, i want to enjoy my years left in this planet because I'll be a very long time dead.
SlartiF430 said:
Such a sad view in my opinion. They're just cars. They exhibit characteristics that we find pleasurable eg the burble of the exhaust in my F430 reminded me of the vroom vroom noises I made when playing with my toys cars - except in this case I had the grown up version of the toy. They're made to be drive not looked at. Ferraris are OK looking but they're
not beautiful like Astons are. In fact I never thought my 430 even came close to the better looking F cars. We're all going to have different views on this, but buying a drivers car because it's going appreciate is all wrong. Im going to enjoy mine while my health allows it, i want to enjoy my years left in this planet because I'll be a very long time dead.
Same as me, quote from another PH thread not beautiful like Astons are. In fact I never thought my 430 even came close to the better looking F cars. We're all going to have different views on this, but buying a drivers car because it's going appreciate is all wrong. Im going to enjoy mine while my health allows it, i want to enjoy my years left in this planet because I'll be a very long time dead.
You can always make more money, but you can't make more time.
Seems the true enthusiasts money is going into Mclarens at this price point.
Buying a car as an investment is fine if that's your thing but to me any appreciation is purely a bonus as I buy them to drive them.
Have 3 "supercars" and do 2 to 3,000 private sunny weekend miles in all of them
For me investments are houses, shares and pension plans and TBH they don't excite me one bit.
Life is too short.
Fair play if you think a F430 manual is the best thing since sliced bread then just drive it into the ground and worry about what its worth later
Buying a car as an investment is fine if that's your thing but to me any appreciation is purely a bonus as I buy them to drive them.
Have 3 "supercars" and do 2 to 3,000 private sunny weekend miles in all of them
For me investments are houses, shares and pension plans and TBH they don't excite me one bit.
Life is too short.
Fair play if you think a F430 manual is the best thing since sliced bread then just drive it into the ground and worry about what its worth later
SlartiF430 said:
Such a sad view in my opinion. They're just cars. They exhibit characteristics that we find pleasurable eg the burble of the exhaust in my F430 reminded me of the vroom vroom noises I made when playing with my toys cars - except in this case I had the grown up version of the toy. They're made to be drive not looked at. Ferraris are OK looking but they're
not beautiful like Astons are. In fact I never thought my 430 even came close to the better looking F cars. We're all going to have different views on this, but buying a drivers car because it's going appreciate is all wrong. Im going to enjoy mine while my health allows it, i want to enjoy my years left in this planet because I'll be a very long time dead.
As you say, we're all entitled to our own views - Although I'm not sure an Aston Martin is more appealing to look at than a Ferrari - Aston Martin's tend to make me think three things, old aged pensioner, golf club and Jaguar!not beautiful like Astons are. In fact I never thought my 430 even came close to the better looking F cars. We're all going to have different views on this, but buying a drivers car because it's going appreciate is all wrong. Im going to enjoy mine while my health allows it, i want to enjoy my years left in this planet because I'll be a very long time dead.
I knew saying I'd bought my car as an investment was going to ruffle some feathers, but I don't really understand why?
I take on board that many people invest in property, pensions, etc..... But as mentioned, that is all a bit dull?
You're not honestly suggesting that investing money in a Ferrari, owning something that can be admired and enjoyed on the very occasional sunny days that we get this country, as well as getting a financial return on ownership is a bad thing?
Anyone who tells you, that they would prefer to lose money through Ferrari ownership, rather than make money from the experience, is only one of two things - An absolute fool, or a complete liar! (99.9% will be the latter).
Finally, just because I'm not covering 10k miles each year in my F430, it doesn't mean that it's not being enjoyed.... Far from it - I never miss a sunny day
Edited by allister on Sunday 31st January 20:28
RamboLambo said:
Seems the true enthusiasts money is going into Mclarens at this price point.
Buying a car as an investment is fine if that's your thing but to me any appreciation is purely a bonus as I buy them to drive them.
Have 3 "supercars" and do 2 to 3,000 private sunny weekend miles in all of them
For me investments are houses, shares and pension plans and TBH they don't excite me one bit.
Life is too short.
Fair play if you think a F430 manual is the best thing since sliced bread then just drive it into the ground and worry about what its worth later
Give it a rest. You are forever telling everyone that what you have is the best investment. It's boring.Buying a car as an investment is fine if that's your thing but to me any appreciation is purely a bonus as I buy them to drive them.
Have 3 "supercars" and do 2 to 3,000 private sunny weekend miles in all of them
For me investments are houses, shares and pension plans and TBH they don't excite me one bit.
Life is too short.
Fair play if you think a F430 manual is the best thing since sliced bread then just drive it into the ground and worry about what its worth later
allister said:
As you say, we're all entitled to our own views - Although I'm not sure an Aston Martin is more appealing to look at than a Ferrari - Aston Martin's tend to make me think three things, old aged pensioner, golf club and Jaguar!
I knew saying I'd bought my car as an investment was going to ruffle some feathers, but I don't really understand why?
I take on board that many people invest in property, pensions, etc..... But as mentioned, that is all a bit dull?
You're not honestly suggesting that investing money in a Ferrari, owning something that can be admired and enjoyed on the very occasional sunny days that we get this country, as well as getting a financial return on ownership is a bad thing?
Anyone who tells you, that they would prefer to lose money through Ferrari ownership, rather than make money from the experience, is only one of two things - An absolute fool, or a complete liar! (99.9% will be the latter).
Finally, just because I'm not covering 10k miles each year in my F430, it doesn't mean that it's not being enjoyed.... Far from it - I never miss a sunny day
Investing in houses and businesses gives you ongoing income and capital appreciated. There is no certainty of success but you have lots of levers at your disposal to mitigate risk (sell, rent, advertise, market, invest in product etc). Everybody making money right now on their F430s are doing so purely by accident. Also, you don't have any levers. The market could decide that mclarens or French baguettes are the next big thing and depreciate your car a lot faster than it appreciated and there's nothing you can do to see this coming or mitigate it in any way. IMHO it's very foolish to treat these things as investments. For my part I made a bit when I sold by 430 - it was a bonus to me (I make my money in software where I have far more control over the outcome). I fully expect my 12c (which I bought a few weeks ago) to depreciate. People are telling me it won't lose money. If that's the case then great, if not - no big deal, I bought it to use and if it Loses money ill use my software business to make it back to buy my next car. Furthermore, even if my 12c does appreciate by 50k in 5 years then it's actually fairly sI knew saying I'd bought my car as an investment was going to ruffle some feathers, but I don't really understand why?
I take on board that many people invest in property, pensions, etc..... But as mentioned, that is all a bit dull?
You're not honestly suggesting that investing money in a Ferrari, owning something that can be admired and enjoyed on the very occasional sunny days that we get this country, as well as getting a financial return on ownership is a bad thing?
Anyone who tells you, that they would prefer to lose money through Ferrari ownership, rather than make money from the experience, is only one of two things - An absolute fool, or a complete liar! (99.9% will be the latter).
Finally, just because I'm not covering 10k miles each year in my F430, it doesn't mean that it's not being enjoyed.... Far from it - I never miss a sunny day
Edited by allister on Sunday 31st January 20:28
t in the grand scheme of money - if I focus my efforts on my business then I'll make that money in a fraction of that time. Gassing Station | Ferrari V8 | Top of Page | What's New | My Stuff