F430 Market Watch

[FFM]

Fair point although, given the big commission they get on trading used car, I think they would make more money on pure turnover rather than betting on stock appreciation (which is much riskier for the point of view for this type of cars).

Btw, what usually is the discount/commission they do take on a decent F430 F1 (let's assume at a £90/95k asking price).

Aldous: based on what data is available on production numbers, do you have an estimate for F430 Manual LHDs car (Coupe and Spiders), please? Do you think in continental Europe the relative (%) premium of a Manual LHD car is similar to those of RHD's in the UK?

Thanks a lot

[garym3m5]

FFM said:

Fair point although, given the big commission they get on trading used car, I think they would make more money on pure turnover rather than betting on stock appreciation (which is much riskier for the point of view for this type of cars).

Btw, what usually is the discount/commission they do take on a decent F430 F1 (let's assume at a £90/95k asking price).

Aldous: based on what data is available on production numbers, do you have an estimate for F430 Manual LHDs car (Coupe and Spiders), please? Do you think in continental Europe the relative (%) premium of a Manual LHD car is similar to those of RHD's in the UK?

Thanks a lot

I know the main dealer network I deal with (Graypaul) don't seem to want to sticky stock. When I bought my F1 430 Coupe 18 months ago, I was able to negotiate c£3.5k from the asking price. A certain south coast dealer wouldn't entertain more than a few hundred off....'if you don't want to pay list then we'll sell it to somebody else'. When the 430 went, being replaced with a 458 it seemed to be the same. Some main dealers are certainly willing to deal, particularly if they know they'll likely get the car back when you want to move it on. Worth spending time to get a relationship going if you want to go down the main dealer route. My 430 was the gift that keeps giving to the dealer, having been traded back and forth 3 times in 4 years, each owner moving into a new vehicle. That's got to be good business for them rather than sitting on stock at unrealistic prices?

[ZeroH]

FFM said:

Aldous: based on what data is available on production numbers, do you have an estimate for F430 Manual LHDs car (Coupe and Spiders), please? Do you think in continental Europe the relative (%) premium of a Manual LHD car is similar to those of RHD's in the UK?

Thanks a lot

Right now on Autoscout24 there are 375 F430's for sale (excl challenge cars) of which 64 are scuderia/16M. The other 311 cars are split 306 F1 and 5 (yes just five, split 3 coupe 2 spider) 6sp manual cars.

The LHD manual cars range from €140k to €200k ask with and average price of €176k (£138k).

The distribution of prices for the 5 manuals is €200k, €195k, €180k, €165k, and €140k (which is a silver/blue lthr coupe with 39k km).

Edited by ZeroH on Saturday 20th February 16:16

[ZeroH]

And just had a look at Autotrader USA... 298 F430 for sale of which 6 are scuderia/16m and of the remaining 292, 4 are 6sp manuals - split 3 spider 1 coupe

6sp prices are all above $200k, and range from $206k to $289k, with average price $231k (£162k).

So if anything, UK 6sp manual prices appear to be lagging the LHD world.

[voicey]

FFM said:

Aldous: based on what data is available on production numbers, do you have an estimate for F430 Manual LHDs car (Coupe and Spiders), please? Do you think in continental Europe the relative (%) premium of a Manual LHD car is similar to those of RHD's in the UK?

Thanks a lot

I only have UK numbers - sorry. JT may have more insight and he's bound to see this soon.

I also note the posters above who have provided good insight from the current data available from the international websites.

[jtremlett]

voicey said:

FFM said:

Aldous: based on what data is available on production numbers, do you have an estimate for F430 Manual LHDs car (Coupe and Spiders), please? Do you think in continental Europe the relative (%) premium of a Manual LHD car is similar to those of RHD's in the UK?

Thanks a lot

I only have UK numbers - sorry. JT may have more insight and he's bound to see this soon.

I also note the posters above who have provided good insight from the current data available from the international websites.

I don't have production numbers to hand for Euro manual/vs F1 but in general the UK was taking a much higher percentage of manual cars than the rest of the world.

Jonathan

[Kyodo]

I wouldn't be too sure about the US being a full reflection of the left hand drive market. Rightly or wrongly they are a nation of auto drivers so I could well understand them going for the manual two pedal car rather than the other manual version with a clutch pedal and gearstick.

Edited by Kyodo on Monday 22 February 09:42

[FFM]

ZeroH said:

Right now on Autoscout24 there are 375 F430's for sale (excl challenge cars) of which 64 are scuderia/16M. The other 311 cars are split 306 F1 and 5 (yes just five, split 3 coupe 2 spider) 6sp manual cars.

The LHD manual cars range from €140k to €200k ask with and average price of €176k (£138k).

The distribution of prices for the 5 manuals is €200k, €195k, €180k, €165k, and €140k (which is a silver/blue lthr coupe with 39k km).

Edited by ZeroH on Saturday 20th February 16:16

Thank you for the answers guys.

Everything else being equal, these data exactly shows what jtremlett said on the higher proportion of RHD's 6-speed manuals in UK; indeed, there are around the same number of RHD 6speed manual in UK and of LHD's in Continental Europe (using autoscout as a proxy) although the total LHD cars are approx x3 the RHDs

[red_duke]

What's happening this month Voicey?

I need to know whether to twist or stick

[voicey]

Apologies for the delay - I've had a lot going on, including being without broadband for a month. To make things worse PH have changed their advert layout which means I cannot provide anything other than a headline update without further development work to the code. I hope to resume normal service next time...

Average asking prices have dropped back 1.29% - probably on the back of the Alistair Bols car @ £150k selling.

[FFM]

voicey said:

Apologies for the delay - I've had a lot going on, including being without broadband for a month. To make things worse PH have changed their advert layout which means I cannot provide anything other than a headline update without further development work to the code. I hope to resume normal service next time...

Average asking prices have dropped back 1.29% - probably on the back of the Alistair Bols car @ £150k selling.

Thank you voicey for the update.
Are you sure that manual car was included in your previous-month data set? I noticed over the last couple of weeks or so there are lots of car again in the below £85/90k price segment compared to one or two months ago, maybe is the reason for the index going down this month?

[voicey]

Right - normal service has pretty much been resumed but be warned that I've got a huge project coming up so if they change the classifieds again I may not be able to alter the code at my end.

For 360 prices head over here.

The average asking price for an F430 is now £96k, up 4.34% in one month - the biggest increase since (my) records began. The index is now 119.86.





Buying interest in the F430 is fairly strong. I am talking to people who are considering the tipo as they want to drive the car. I think that this model could even be considered the "bargain" Ferrari at the moment.

Here's the price vs mileage plot. The line is well fitted and only spoilt by the high priced manuals....





Here's the main data table:



Here's the delta between F1 and manual - I have tried to remove the rogue adverts that list F1 cars as sticks...





That's it for now - I'll have more next month once I've got two consecutive months of good data.

Regards,
Aldous Voice.

[WEHGuy]

Thanks as always.

[Nano2nd]

yep nice work as always, curious to see how the manual curve pans out over time

[voicey]

For once I'm able to update the thread on time - the bank holiday weekend sees me taking a break from fixing cars!

For 360 prices please head over here.

Following last months spike in prices, the index has increased again. The average F430 asking price has gone up 1.22% over the last month and is now £97,159 (index at 121.32). At this rate it wont be long until it breaks the £100k barrier.





Buying interest remains strong and the numbers suggest that turnover is approximately 1/3 of the market.

Here's the price vs mileage data:





Big table:



Manual vs F1 delta. If you are driving one of these cars then well done - a couple of years ago you couldn't give away a manual 430!





Here's the change in the data population. I'm not able to scrape the vendor name right now so the table has changed a little.



That's it for now....

[cgt2]

So if a regular F430 is now £100k then only £20-25k premium for a manual is a bit short of the £100,000 premium that owners suggest

This was my experience too, I got more for my manual than an F1 but not a huge amount as has been suggested since you are dealing with a more limited market.

[ZeroH]

cgt2 said:

So if a regular F430 is now £100k then only £20-25k premium for a manual is a bit short of the £100,000 premium that owners suggest

This was my experience too, I got more for my manual than an F1 but not a huge amount as has been suggested since you are dealing with a more limited market.

Huh ? 100k premium in the UK ??

You must of dreamt that up - Ive never read anyone, owner or otherwise make remotely near such a claim !

Unless you were just being playful/sarcastic, in which case, as you were !!

[Nano2nd]

cgt2 said:

So if a regular F430 is now £100k then only £20-25k premium for a manual is a bit short of the £100,000 premium that owners suggest

This was my experience too, I got more for my manual than an F1 but not a huge amount as has been suggested since you are dealing with a more limited market.

£27-46k according to Voiceys data, as above i've not seen anyone say anything about £100k... how much did u sell yours for?

[cgt2]

I was joking of course hence the grin, but with all the intense discussion that is a figure I am sure some believe...

[Juber]

Thanks fot the latest data Voicey.

I wish I had the finance and opportunity to jump on the LHD import band wagon 3 years ago.