How much do Spider prices fluctuate between summer and winter ?
How much do Spider prices fluctuate between summer and winter ?
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GT3 APE

Original Poster:

1,672 posts

212 months

Friday 15th July 2011
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Considering a F430 F1 Spider and ideally want from a main dealer to benefit from 2 year warranty.

Question though, how much do prices fluctuate between summer and winter ? It's always said convertibles are more desirable during summer so prices increase. Is this the same with Ferraris ?

Thanks Dave.

JazzyO

1,125 posts

212 months

Friday 15th July 2011
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Best time to buy is in October/November, just after the nice weather has gone away. If you want to sell your Spider, generally you use it one last summer and then get rid of it. Hard to say what the difference is but could be 5k or more.


Onno

GT3 APE

Original Poster:

1,672 posts

212 months

Saturday 16th July 2011
quotequote all
JazzyO said:
Best time to buy is in October/November, just after the nice weather has gone away. If you want to sell your Spider, generally you use it one last summer and then get rid of it. Hard to say what the difference is but could be 5k or more.


Onno
Cheers. Every little helps as the advert goes wink

DayTrader

776 posts

198 months

Saturday 16th July 2011
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JazzyO said:
Best time to buy is in October/November, just after the nice weather has gone away. If you want to sell your Spider, generally you use it one last summer and then get rid of it. Hard to say what the difference is but could be 5k or more.


Onno
...but then you are going a whole 6 months before you can properly use it - the whole time the car is depreciating.

It is swings and roundabouts but I would just buy it when you can!

andrew

10,365 posts

223 months

Saturday 16th July 2011
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from what i've seen, so many people buy into the cheap in winter cliche that there's next to no seasonal cycle left

other factors such as currency rates and the economy in general appear to have far more affect

andysv

1,363 posts

258 months

Saturday 16th July 2011
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interesting, i'm going to flog the wifes 996 c4s coupe in aug/sept and go looking for a cab oct/nov/dec i'm certain this is a smart move same must go for ferraris, before you know it next spring will be here and you got a good deal over winter.

gbrownlow

4,843 posts

201 months

Saturday 16th July 2011
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Bought mine early February after tracking similar cars for a good 6 months. Dealer had reduce price twice from December and I considered that I got a good deal. As it turns out the spring weather was pretty good especially a sunny week over easter so I think that was the perfect timing.

Dealer having seen slow sales over xmas and new year reducing prices and also just in time for me to make the most use of the better British weather.

Not sure buying the car in Oct/Nov and not using it because of the weather, while it depreciates, is not my idea of fun or financial sense

Webber3

1,228 posts

250 months

Saturday 16th July 2011
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From what I've seen over the past 9 months, the prices fell by a few thousand in Jan/Feb, but did not bounce back for the summer. It does looks like normal depreciation to me, apart from the fact that the summer seems to hold the prices static before the inevitable drop in the winter.

I've definitely not seen any upward movement at all. Not surprising really when you consider how many main dealer cars are hanging around for months on end.

I looked at one of these in Swindon a few months ago. The dealer hinted at a discount that would have brought it down by about £3k, but it was in pre prep condition and hardly looked like it was cared for. There was just 8 months or so left on the original warranty and no offer of a free extension. Pretty poor when you consider the older cars get a minimum of 2 years factory warranty as part of the deal. The car is still for sale, at the same price.

GT3 APE

Original Poster:

1,672 posts

212 months

Saturday 16th July 2011
quotequote all
Makes you wonder if they are concerned an independent check for the extended warranty will pick up on some expensive remedial work required, thus hitting their margin ?

andysv

1,363 posts

258 months

Sunday 17th July 2011
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bear in mind there are probably more buyers looking for a soft top in spring/summer and less buyers in the winter, regardless of prices bobbing up and down you will have less competition if you are a buyer out of season, ok there will be less soft tops on the market but i will definately be out shopping much later in the year.