F430 Market Watch

F430 Market Watch

Author
Discussion

johnnyreggae

2,339 posts

106 months

Thursday 5th September 2013
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Surely comparing to other current ads here the mileage suggests sub 60 is realistic as trade retail let alone a private sale

red_duke

736 posts

127 months

Saturday 7th September 2013
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Aldous, as you're a perfectionist you won't mind me pointing out that the legends on your price vs mileage graph are the wrong way round!

Boshly

2,753 posts

182 months

Saturday 7th September 2013
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What a great source of information. Ferrari owners, 360 in particular, should be very grateful smile

I hope you find yourself a new car soon.

markst

173 posts

111 months

Saturday 7th September 2013
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whilst a great idea in principle - in practice the data is less than useful - and only helps the dealers - why ???

well , like most i watch the market, and i can tell you that quite a few of those 430 ads are old - very old, as in 2 years - esp on sold cars.

Dealers put up old ads and sell under offer or sold for a few cars - trying to justify the price of the ONE they do have, or just get more people to call..

OR.....the car was on SOR and the owner took it back to drive ...and the dealer asks if they can show it as "sold"......this actually happened to my mates Scud.....

the only data worth considering is what people actually pay....or sold for....

430s are dropping..... its end of season

red_duke

736 posts

127 months

Saturday 7th September 2013
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markst said:
430s are dropping..... its end of season
Not sure I agree.

If owners believe values drop out of season then they will wait until spring to sell them. This means fewer cars available out of season which should keep prices up?

Anyhow ... I'm of for spin in mine right now before it snows.

voicey

Original Poster:

2,330 posts

133 months

Saturday 7th September 2013
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red_duke said:
Aldous, as you're a perfectionist you won't mind me pointing out that the legends on your price vs mileage graph are the wrong way round!
Oops - sorry! OP is fixed (again).

MrH

484 posts

154 months

Tuesday 10th September 2013
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Any thoughts on what the baseline price of an F430 spider may be in 2 to 3 years time, say 40k ish miles?

Similarly, would a 360 spider creep too much above £50/55k in the same period?

Cheers, Mark

foreverfalling

483 posts

111 months

Tuesday 10th September 2013
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I can't imagine a 360 spider being more than a 430 spider in the next 10 years if ever.

GRBF430F1

4,843 posts

116 months

Wednesday 11th September 2013
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MrH said:
Any thoughts on what the baseline price of an F430 spider may be in 2 to 3 years time, say 40k ish miles?

Similarly, would a 360 spider creep too much above £50/55k in the same period?

Cheers, Mark
a 360 spider is never going to be worth more than an equivalent F430 spider unless you are talking about a monumental difference in the mileages.

F430 is by far the superior car

AmoCS

922 posts

165 months

Wednesday 11th September 2013
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voicey

Original Poster:

2,330 posts

133 months

Tuesday 1st October 2013
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For 360 prices please follow this link: Aldous Voice Ferrari Blog

Another month has passed and prices are still falling, albeit more slowly than before. The Aldous Voice 430 Price Index (AV430PI) now stands at 98.26 after asking prices fell 0.40% MoM.

Here are the main tables:



And here are the prices plotted against mileage:



Let me know if you want anything else (I'll update the 458 price thread when I can).

Mike Brown

585 posts

133 months

Tuesday 1st October 2013
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I think that 360 might gain more in desirability than the430 simply because it is much more rounded and already has an iconic design, it's very much like the Dino . The 430 looks much more cobbled together especially the rear, only my humble mind, Mike

Adz man

319 posts

105 months

Wednesday 2nd October 2013
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Aldous, not many yellow 430 Spiders being sold? When I first bought mine in errr, mmm, I think it was Feb 2010 it was one of 13 UK registered yellow 430 Spiders...may be less of them now...so has my value gone up?!

GRBF430F1

4,843 posts

116 months

Wednesday 2nd October 2013
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Adz man said:
Aldous, not many yellow 430 Spiders being sold? When I first bought mine in errr, mmm, I think it was Feb 2010 it was one of 13 UK registered yellow 430 Spiders...may be less of them now...so has my value gone up?!
If someone really wants a yellow one I guess YES.

Supply and Demand. Not much supply and probably less demand but it only takes one person. All about timing from there and that person being in the market at the same time as you

I hope a similar scenario is the case for my rare high spec late 09 low mileage F1 Spider if I ever decide to part company with it.
Its red but with total spec and medium racing seats and rear challenge grill it was the only one of its kind I had seen in 18 months of looking. At the time I went £40k over my original budget to get the best car I could

I'm sure with its history low miles and spec it will command a premium although trying to get a £100k plus might be optimistic.

See what the spring brings as I do have a 991 GT3 on order ( not necessarily as a replacement )

voicey

Original Poster:

2,330 posts

133 months

Wednesday 2nd October 2013
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Adz man said:
Aldous, not many yellow 430 Spiders being sold? When I first bought mine in errr, mmm, I think it was Feb 2010 it was one of 13 UK registered yellow 430 Spiders...may be less of them now...so has my value gone up?!
Just for you mate, I pulled all the yellow spiders out of my data. As you say, not that many for sale. In fact I only have two in August (the first month I started collecting data). The details are in the table below - I will try to include the table in subsequent updates going forward.


voicey

Original Poster:

2,330 posts

133 months

Tuesday 5th November 2013
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Apologies for the delay in updating this thread but I've been busy buying a new car. Now that I have a vested interest in the F430 I will be looking at the figures in more detail and hope to offer the same type of analysis as the 360 prices (latest update here).

The Aldous Voice F430 Price index has dropped 2.19% MoM and now stands at 96.11. The number of cars for sale has also fallen 20% but I guess that is just the time of year we are in.

Here's the main table cutting the data up:



And here's the chart of mileage against asking price. I'm not sure if the quoted mileage of 489 of the £109k car is correct.



Lastly, here's the data on yellow spiders for Adz. A new car has appeared on the market but prices seem to be stabilised at just below £70k.



As before, please let me know if there's anything missing of if you want any more info. I will update the 458 prices thread ASAP.

Cheers...

Edited by voicey on Tuesday 5th November 20:12

mondie

507 posts

88 months

Tuesday 5th November 2013
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This is great info, thanks for taking the time to update it monthly. The difference in average price between manual and F1 is staggering to me, good for me as manual would be my preference.

ditomaso

241 posts

168 months

Wednesday 6th November 2013
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If you want any stats on F430 servicing, then let me know. As you can imagine we collect all sorts of info on servicing data, ie dates, prices, services, offers etc against every model of Ferrari across the UK.

voicey

Original Poster:

2,330 posts

133 months

Wednesday 6th November 2013
quotequote all
ditomaso said:
If you want any stats on F430 servicing, then let me know. As you can imagine we collect all sorts of info on servicing data, ie dates, prices, services, offers etc against every model of Ferrari across the UK.
Post them up- the more data the better as far as I'm concerned!

WEHGuy

1,343 posts

119 months

Wednesday 6th November 2013
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voicey said:
Post them up- the more data the better as far as I'm concerned!
Seconded. Is that even a word?