RE: Spotted: 1996 Ferrari 456 GTA

RE: Spotted: 1996 Ferrari 456 GTA

Tuesday 20th September 2011

Spotted: 1996 Ferrari 456 GTA

Does a Ferrari on the cheap mean it has to be nasty?


This could be as cheap as 456s get...
This could be as cheap as 456s get...
There will be a chance to buy what could be one of the cheapest Ferrari 456s on the market at BCA Manchester this Friday. But should that news encourage you to make a bee-line for the auctioneers, or to run for the hills instead?

Good used examples of the forerunner to the 612 Scaglietti tend to start in the mid-twenties, but according to a colleague in the trade who pointed this one out it will probably go for around £15,000... or possibly even less. Now we've all seen 412s and the occasional 308GT4 going for beer money, but a 436bhp, V12, aluminium-bodied GT from the Schumacher era?

...so would you?
...so would you?
Fair enough, it's an automatic - which will put some people off in itself - and the driver's seat outer bolster is scuffed. There are a few minor dings and scrapes about the body too... oh, and the glove box lid appears not to want to close. Generally speaking the car looks like it's been well-used, but apart from that the rest of the news isn't too bad.

It's showing 63,000 miles and comes with a receipt showing that it had £3,000 spent on a service and some remedial work last September when it was on 58,000 miles. The service history is ultimately incomplete, but there are nine stamps in the book and receipts for other work by specialists.

It'll be interesting to see what it goes for on Friday, but if you can't wait until then and can get to BCA in Nottingham on Thursday 22nd, there will be a host of other less-modestly priced Fezzas going under the hammer.

It's showing some scuffs...
It's showing some scuffs...
The red 2002 F360 Spider could be a cheap way to get into a ragtop Ferrari. The CAP Clean price on it is currently £37,500 and it's showing 25,000 miles, but it carries with it a Cat-D status which should knock at least 25% off the market value - and maybe even more at auction.

The black 2008 F430 Spider has covered just 2,900 miles and isn't showing any recorded damage. CAP Clean on this should be £86,600 - which is a lot next to the F360, but then again a very similar car to the F430 was sold by BCA last May for twenty grand more. Also in the Nottingham sale will be a 2007 612 Scaglietti (CAP value £88,400) and a 1991 Testarossa (£33,800). Apologies for the less-than-marvellous pics of the Nottingham cars, but we pinched them in order to save you the hassle of registering. Of course, if you do want to register (it's free), follow the instructions and then search for Ferraris.

...and a few dings are included, too
...and a few dings are included, too
Could you be tempted by the opportunity of a Ferrari like the 456 which has surely now done all of its depreciating but which might need some TLC? Or would the potential for expensive trouble put you off?

Either way, the signs are that there are some bargains to be had in the luxury/prestige market - for the brave or the foolish...

 

360 estimate is £37,500
360 estimate is £37,500
430 could be around £86k
430 could be around £86k
Scaglietti valued at £88k
Scaglietti valued at £88k
Or a bit of 'Miami Vice' at £33k?
Or a bit of 'Miami Vice' at £33k?
Author
Discussion

TROOPER88

Original Poster:

1,767 posts

180 months

Tuesday 20th September 2011
quotequote all
Expensive at 15k.

I think it will reach circa 13.5k.

Dave_STI

67 posts

187 months

Tuesday 20th September 2011
quotequote all
There is a good reason it is so cheap for a Fezza, everyone knows the annual service bill is going to set you back £3-54K without any serious failures (reverse gear failure/oil seals/engine rebuilds)...for a car that will never be a collectors favourite

I would still love a navy blue one though, lovely GT car...will be interesting to see how much lower the prices will go, £10K and I'm buying one smile

pjagger69

29 posts

155 months

Tuesday 20th September 2011
quotequote all
4 seat Ferrari = massive depreciation. 456 etc haven't aged well as they were never attractive looking cars anyway. And a Testarossa!!! Who wants to look like they grew up in Basildon and have never been anywhere further than Canvey Island on holiday?

The event of timing chains and 7 years inclusive servicing on new cars will impact used car values too.

I'd still have a 2 seater if I could, but I think a used Aston says far more about your character than a "previously loved" Ferrari.

Just my opinion. It'll be out of kilter with about 50% of you so don't bother being nasty. If you can't comment without insulting, you probably have a job that requires you to have keys on a chain attached to your trousers.

smashbro

26 posts

161 months

Tuesday 20th September 2011
quotequote all
Put me down for the Testarossa! Heard/saw one of these the other day and they still do it!

CDP

7,465 posts

255 months

Tuesday 20th September 2011
quotequote all
pjagger69 said:
And a Testarossa!!! Who wants to look like they grew up in Basildon and have never been anywhere further than Canvey Island on holiday?
I think the Testarossa will be one of the most collectible Ferraris in the next 10 to 20 years. It's as excess 80's as the pink Cadillac with 6' tail fins symbolises the 1950s. There's also the flat 12 to consider.

Since I was a kid I've always liked it but acknowledge how desperately unfashionable it is now. They will never be this cheap again - look at 512BBs and the Daytona.

S3_Graham

12,830 posts

200 months

Tuesday 20th September 2011
quotequote all
pjagger69 said:
4 seat Ferrari = massive depreciation. 456 etc haven't aged well as they were never attractive looking cars anyway. And a Testarossa!!! Who wants to look like they grew up in Basildon and have never been anywhere further than Canvey Island on holiday?

The event of timing chains and 7 years inclusive servicing on new cars will impact used car values too.

I'd still have a 2 seater if I could, but I think a used Aston says far more about your character than a "previously loved" Ferrari.

Just my opinion. It'll be out of kilter with about 50% of you so don't bother being nasty. If you can't comment without insulting, you probably have a job that requires you to have keys on a chain attached to your trousers.
scratchchin

The 456 is one of my favorite Ferrari's ever. So much more class than a 360/430. I guess i just like the 4 seaters as im also a huge fan of the 612.

CDP

7,465 posts

255 months

Tuesday 20th September 2011
quotequote all
S3_Graham said:
The 456 is one of my favorite Ferrari's ever.
One of my favourites too. Subtle and very handsome, ideally in dark blue with the tan interior.


Ex Boy Racer

1,151 posts

193 months

Tuesday 20th September 2011
quotequote all
pjagger69 said:
4 seat Ferrari = massive depreciation. 456 etc haven't aged well as they were never attractive looking cars anyway. And a Testarossa!!! Who wants to look like they grew up in Basildon and have never been anywhere further than Canvey Island on holiday?

The event of timing chains and 7 years inclusive servicing on new cars will impact used car values too.

I'd still have a 2 seater if I could, but I think a used Aston says far more about your character than a "previously loved" Ferrari.

Just my opinion. It'll be out of kilter with about 50% of you so don't bother being nasty. If you can't comment without insulting, you probably have a job that requires you to have keys on a chain attached to your trousers.
456 is quite possibly the last really attractive car Ferrari made. It was regarded as a marvellous design when it was launched and to my eyes it still is lovely. What has beaten it since then??

CampDavid

9,145 posts

199 months

Tuesday 20th September 2011
quotequote all
CDP said:
pjagger69 said:
And a Testarossa!!! Who wants to look like they grew up in Basildon and have never been anywhere further than Canvey Island on holiday?
I think the Testarossa will be one of the most collectible Ferraris in the next 10 to 20 years. It's as excess 80's as the pink Cadillac with 6' tail fins symbolises the 1950s. There's also the flat 12 to consider.

Since I was a kid I've always liked it but acknowledge how desperately unfashionable it is now. They will never be this cheap again - look at 512BBs and the Daytona.
I think you're almost certainly right

Numeric

1,401 posts

152 months

Tuesday 20th September 2011
quotequote all
I was once told that 4 seat ferrar's were signed off for styling in blue and 2 seaters in red.... mind you I believe in the tooth fairy too....but I've always thought it explains why the 456 looked so good in blue. Think the new FF might not have been designed for blue though!!

Schnellmann

1,893 posts

205 months

Tuesday 20th September 2011
quotequote all
CDP said:
One of my favourites too. Subtle and very handsome, ideally in dark blue with the tan interior.
456 is lovely. In fact, going to look at silver one tomorrow...but in perfect condition from Ferrari dealer.

£15k is cheap but if it needs work then could suck up lots of cash. Plus, even throwing cash at it might not make up for past treatment in the eyes of future buyers.

sprinter1050

11,550 posts

228 months

Tuesday 20th September 2011
quotequote all
Walk away.


(unless you're prepared to budget the same amount again+ to put it "right" ?)

JHMO

even then it's still auto nono

Edited by sprinter1050 on Tuesday 20th September 09:16

CampDavid

9,145 posts

199 months

Tuesday 20th September 2011
quotequote all
Numeric said:
I was once told that 4 seat ferrar's were signed off for styling in blue and 2 seaters in red.... mind you I believe in the tooth fairy too....but I've always thought it explains why the 456 looked so good in blue. Think the new FF might not have been designed for blue though!!
This one doesn't really suit blue in the flesh. It's a heavy car and the blue accentuates that. Silver is probably the shade for it in my view

r129sl

9,518 posts

204 months

Tuesday 20th September 2011
quotequote all
pjagger69 said:
And a Testarossa!!! Who wants to look like they grew up in Basildon and have never been anywhere further than Canvey Island on holiday?

...

If you can't comment without insulting, you probably have a job that requires you to have keys on a chain attached to your trousers.
Lead by example.

Rawwr

22,722 posts

235 months

Tuesday 20th September 2011
quotequote all
pjagger69 said:
456 etc haven't aged well as they were never attractive looking cars anyway.
Are you insane?

iain1970

239 posts

163 months

Tuesday 20th September 2011
quotequote all
Personally, if you're afraid to park a car up in a car park when your out, you might as well catch the bus. The mong in 02-reg Peugeot 206 next to you isn't going to give a f*ck what they open their car door onto.

This car shows it's been used as transportation rather than a rich persons plaything. I hope it had gravel rash on the bumper and bonnet too.

rix

2,788 posts

191 months

Tuesday 20th September 2011
quotequote all
that 456... I so would!

A thorough inspection and service at a specialist, a few 'smart' repairs, maybe even a retrim, and still a bargain at £15k

Just been reading up on servicing, reliability etc. Unfortunately its not disuaded me!

The Danimal

178 posts

156 months

Tuesday 20th September 2011
quotequote all
I too like 'em when they've been driven. Nothing cooler than a Ferrari with a whack in the side. Just ask Jean Alesi, I think he's still got the F40 Enzo gave him with the offside door smashed in...

Like jeans and guitars, Ferraris always look cooler with a bit of 'wear'... I'm in... now where did I put that number for Quick Quid?

fatboy69

9,373 posts

188 months

Tuesday 20th September 2011
quotequote all
Not the best looking car ever built but it is a Ferrari, its got a great engine & four seats. With some TLC it would be a great buy IMO.

If only i could tempt SWMBO...


X5TUU

11,963 posts

188 months

Tuesday 20th September 2011
quotequote all
it may just be me... but all I see when I look at the 456 is a peugeot 406 coupe... and I know thats wrong on so many levels...

however, the testarossa is beautiful and one day one will be mine... mwahahahaha smile