F430 Market Watch

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voicey

Original Poster:

2,453 posts

188 months

Sunday 2nd August 2015
quotequote all
Time for another update. For the latest on 360 prices please head over to Aldous Voice Blog.

Average F430 asking prices have barely moved over the last month - the index has increased a measly 0.11% to 106.37.



However, this small rise should be put in the context of how the data sample has changed. Activity at the top of the market has been fairly robust with two cars priced over £100k being sold. Compare that to the other end, where the same cars remain for sale. This has the effect of subduing what has been a reasonably strong month for F430 prices.



The number of cars and their distribution around the £80k tipping point seems fairly steady compared with the prior month:



Here's the big table:



Here's the plot of mileages vs price (the curve remains well fitted):



Average asking prices for the mileage points:



Here's the pie chart showing which price bracket sold cars have been in:



The chart of sold volumes vs price index:



There has been some discussion regarding price premiums for manual cars, including some optimistic prices being banded about. In the current data sample, on average there is no price difference between the two gearboxes. Given that manual cars were priced at a discount to F1 in the past this could be the start of a resurgence for the old fashioned way of selecting cogs...





And here's the big table showing which cars are in and out of the data:



That's it for now apart from a little warning to buyers to be extra careful. I've seen a few cars this month that have been hiding a less than desirable past so please be careful before parting with your money...

As usual, please get in touch if you think I can help with anything.

Regards,

Aldous Voice.

Hewbie

1,725 posts

181 months

Sunday 2nd August 2015
quotequote all
those figures dont seem to show all sales?

i sold my black LHD 430 within that time frame ,

i have another blue LHD for sale now aswell!

does this take into affect only RHD?

red_duke

800 posts

182 months

Sunday 2nd August 2015
quotequote all
Always an interesting read. Thanks again Aldous.

A few low and middle priced cars have been for sale for the 5 years I've been following the market. It would be interesting to see a price index where the impact of each vehicle is inversely proportional to how long it's been around.

voicey

Original Poster:

2,453 posts

188 months

Sunday 2nd August 2015
quotequote all
Hewbie said:
those figures dont seem to show all sales?

i sold my black LHD 430 within that time frame ,

i have another blue LHD for sale now aswell!

does this take into affect only RHD?
Is this your black car? http://www.pistonheads.com/classifieds/used-cars/f...

If so then it is still listed for sale in the classifieds and therefore is still in my data as unsold.

I can't see your blue car in the classifieds - have you got a link?

voicey

Original Poster:

2,453 posts

188 months

Sunday 2nd August 2015
quotequote all
red_duke said:
Always an interesting read. Thanks again Aldous.

A few low and middle priced cars have been for sale for the 5 years I've been following the market. It would be interesting to see a price index where the impact of each vehicle is inversely proportional to how long it's been around.
I don't think it is easily feasible to do as you ask. However, I might be able to put together something based on cars the have dropped out of the data (presumably sold). Let me have a think....

Hewbie

1,725 posts

181 months

Monday 3rd August 2015
quotequote all
voicey said:
Is this your black car? http://www.pistonheads.com/classifieds/used-cars/f...

If so then it is still listed for sale in the classifieds and therefore is still in my data as unsold.

I can't see your blue car in the classifieds - have you got a link?
no my ad has no expired

i sold my black lhd f1 430 with 45kmiles for 58k! 2005 54 plate

i have a blue mirebau 2006 LHD f1 up at 62995 at the moment! on AT along with a red 360 1999 at 45k again LHD.

PGNCerbera

2,934 posts

167 months

Monday 3rd August 2015
quotequote all
thanks Aldous. Always very interesting.

voicey

Original Poster:

2,453 posts

188 months

Monday 3rd August 2015
quotequote all
Hewbie said:
no my ad has no expired

i sold my black lhd f1 430 with 45kmiles for 58k! 2005 54 plate

i have a blue mirebau 2006 LHD f1 up at 62995 at the moment! on AT along with a red 360 1999 at 45k again LHD.
I can't see your black car in my data. Was it definitely advertised on PH? I've checked my intra-month scrapes and it's not there.

I won't have your blue car in the data unless it is on PH. I only collect data from this site.

PGNCerbera said:
thanks Aldous. Always very interesting.
Thank you for the kind comment, you are most welcome.

_Superleggera_

2,004 posts

198 months

Tuesday 4th August 2015
quotequote all
Just wanted to echo the above comments. Very interesting information and very useful. Your information also correlates perfectly with our own market watch. Great stuff.

Hewbie

1,725 posts

181 months

Tuesday 4th August 2015
quotequote all
voicey said:
Thank you for the kind comment, you are most welcome.
yep black car was defo on PH,

blue car will be going on shortly

WEHGuy

1,347 posts

174 months

Tuesday 4th August 2015
quotequote all
Well after waiting 29 years and following this thread for 2 years, I finally put a deposit down on a 2007 Red F1 Spider yesterday. It is getting a full inspection and service, so should hopefully be ready by the end of the week.

Thank you Aldous for this thread. It has made the decision so much easier. Hopefully I can own it for a while and actually make money on it!

voicey

Original Poster:

2,453 posts

188 months

Wednesday 5th August 2015
quotequote all
WEHGuy said:
Well after waiting 29 years and following this thread for 2 years, I finally put a deposit down on a 2007 Red F1 Spider yesterday. It is getting a full inspection and service, so should hopefully be ready by the end of the week.

Thank you Aldous for this thread. It has made the decision so much easier. Hopefully I can own it for a while and actually make money on it!
Congratulations. Is that the car that is being sold privately?

WEHGuy

1,347 posts

174 months

Wednesday 5th August 2015
quotequote all
voicey said:
WEHGuy said:
Well after waiting 29 years and following this thread for 2 years, I finally put a deposit down on a 2007 Red F1 Spider yesterday. It is getting a full inspection and service, so should hopefully be ready by the end of the week.

Thank you Aldous for this thread. It has made the decision so much easier. Hopefully I can own it for a while and actually make money on it!
Congratulations. Is that the car that is being sold privately?
Yes, for the price difference, I decided to take the gamble and not have a warranty from a dealer. Fingers crossed, it doesn't bite me in the ass. laugh

_Superleggera_

2,004 posts

198 months

Wednesday 5th August 2015
quotequote all
WEHGuy said:
Yes, for the price difference, I decided to take the gamble and not have a warranty from a dealer. Fingers crossed, it doesn't bite me in the ass. laugh
It will be fine I am sure.

voicey

Original Poster:

2,453 posts

188 months

Wednesday 5th August 2015
quotequote all
WEHGuy said:
Yes, for the price difference, I decided to take the gamble and not have a warranty from a dealer. Fingers crossed, it doesn't bite me in the ass. laugh
It will be fine. Good example of these cars are generally trouble free (apart from the known weak spots like manifolds, ball joints, etc).

Is that car still wearing the Irish number plate ending in 05? If you know what it's original plate was please do let me know!

cgt2

7,101 posts

189 months

Wednesday 5th August 2015
quotequote all
voicey said:
It will be fine. Good example of these cars are generally trouble free (apart from the known weak spots like manifolds, ball joints, etc).

Is that car still wearing the Irish number plate ending in 05? If you know what it's original plate was please do let me know!
thumbup Most reliable Ferrari I've had in 20 years of owning them.

WEHGuy

1,347 posts

174 months

Saturday 15th August 2015
quotequote all


So finally picked it up last Saturday. I really like but, it will take some getting used to the attention it gets.

My brother picked up a Gallardo yesterday so, we are going to hire Knockhill for half a day to learn the cars better, so my questions is, how many full throttle laps should I have for every cool down lap?

Thanks in advance.

mikearwas

1,112 posts

160 months

Tuesday 18th August 2015
quotequote all
WEHGuy said:


So finally picked it up last Saturday. I really like but, it will take some getting used to the attention it gets.

My brother picked up a Gallardo yesterday so, we are going to hire Knockhill for half a day to learn the cars better, so my questions is, how many full throttle laps should I have for every cool down lap?

Thanks in advance.
Depends on how comfortable you are with changing tyres / brakes.

mikearwas

1,112 posts

160 months

Tuesday 18th August 2015
quotequote all
WEHGuy said:


So finally picked it up last Saturday. I really like but, it will take some getting used to the attention it gets.

My brother picked up a Gallardo yesterday so, we are going to hire Knockhill for half a day to learn the cars better, so my questions is, how many full throttle laps should I have for every cool down lap?

Thanks in advance.
Depends on how comfortable you are with changing tyres / brakes.

_Superleggera_

2,004 posts

198 months

Tuesday 18th August 2015
quotequote all
Go easy at Knockhill.

I've done it a few times and can bite you in the backside quite easily if not paying attention. Especially the first and last corners. Good track though.