F430 depreciation
Discussion
According to some they'll be 50k next year and others will tell you, you can buy a 430 in Other parts of Europe for 12 quid and import it for nothing. However truth of the matter is there are cheap cars out there and it's usually for a reason.
Personally I think there holding up reasonably well.
Do a search and you'll be more confused!.
Just my humble.
Personally I think there holding up reasonably well.
Do a search and you'll be more confused!.
Just my humble.
bryce86 said:
Humour me..
Never watched the market of these cars and Im interested to learn how these cars are doing in terms of residuals (excluding Scuds.)
Just throwing a few ideas around in my head..
For the last 18 months the bottom seems to have been around 65k for the windscreen price .... With the odd private sale car/high miler/black sheep spec example advertised at 60-65k. (and a few cars at Keighley for 50 somethimg Never watched the market of these cars and Im interested to learn how these cars are doing in terms of residuals (excluding Scuds.)
Just throwing a few ideas around in my head..
)I dont see them going that much lower personally as they are floated by 355 and 360. I know the 360 is much loved but objectively the 430 is twice the car, engine, torque, gearbox, handling, you name it. I just dont see 430 prices intermingling with 360 prices too much.
One thing to bear in mind of course is a 65k car will trade back to the dealer for 50-55k so whilst you might no lose much depreciation wise if buying near the bottom, you still lose the large dealer margin the moment you turn the key. Times are tough, the market isnt very bouyant so margins are large right now so dealers can weather the extended stock times.
All the good gallardos, 2006 onwards, go westways on a container. Very hard to get a decent one.
Very stable. Looking at the top end of the market and CCB cars.....they're all £86-96k on the Ferrari site, and they do seem to be selling (though gradually like everything this time of year). That was about the same price when I started looking 6 months ago.
In terms of bottom of the market, wasn't that £65k back in 2010 too?
In terms of bottom of the market, wasn't that £65k back in 2010 too?
Ferrari dealer informed me yesterday they were holding up very well and he expects that to continue in 2013 with the new season potentially seeing a slight increase on Nov/dec 12 prices.
I have a late low mileage, mega spec 09 F1 spider and budget for about £10k a year depreciation. First yaer there is also the buyers premium / dealer margin to throw in as well.
Tentatively enquired on a trade in price on mine and 2 yaers after buying it I had lost about £20k in total. I also expect depreciation to slow down further now especially when I look at prices of the very early low spec cars without CCB's and the prices they fetch
Was told with 458 and 458 spider in short supply and holding up well on used prices F430 was a good place to be right now as a 458 isn't worth twice the money.
Happy Dayz
I have a late low mileage, mega spec 09 F1 spider and budget for about £10k a year depreciation. First yaer there is also the buyers premium / dealer margin to throw in as well.
Tentatively enquired on a trade in price on mine and 2 yaers after buying it I had lost about £20k in total. I also expect depreciation to slow down further now especially when I look at prices of the very early low spec cars without CCB's and the prices they fetch
Was told with 458 and 458 spider in short supply and holding up well on used prices F430 was a good place to be right now as a 458 isn't worth twice the money.
Happy Dayz
Agree with above. Having had a 458 Demo for a few days as much as its a fantastic car it is not, IMO worth double the money.
As for a Spider with the prices so high and will be for a while the 430 Spider will be a healthy price for quite some years to come as its the next best drop top in the brand, and possibly the world.
As for a Spider with the prices so high and will be for a while the 430 Spider will be a healthy price for quite some years to come as its the next best drop top in the brand, and possibly the world.
Looking for a f430 sub £60k before you p/x it! PM me. private buyer with cash (sorry if thats a bit cheeky)
One thing to bear in mind of course is a 65k car will trade back to the dealer for 50-55k so whilst you might no lose much depreciation wise if buying near the bottom, you still lose the large dealer margin the moment you turn the key. Times are tough, the market isnt very bouyant so margins are large right now so dealers can weather the extended stock times.
All the good gallardos, 2006 onwards, go westways on a container. Very hard to get a decent one.
[/quote]
One thing to bear in mind of course is a 65k car will trade back to the dealer for 50-55k so whilst you might no lose much depreciation wise if buying near the bottom, you still lose the large dealer margin the moment you turn the key. Times are tough, the market isnt very bouyant so margins are large right now so dealers can weather the extended stock times.
All the good gallardos, 2006 onwards, go westways on a container. Very hard to get a decent one.
[/quote]
Adz man said:
Agree with above. Having had a 458 Demo for a few days as much as its a fantastic car it is not, IMO worth double the money.
As for a Spider with the prices so high and will be for a while the 430 Spider will be a healthy price for quite some years to come as its the next best drop top in the brand, and possibly the world.
Good point Adz. Hadn't factored in the big increase in price on 458 spider v 458 Italia coupe.As for a Spider with the prices so high and will be for a while the 430 Spider will be a healthy price for quite some years to come as its the next best drop top in the brand, and possibly the world.
I was comparing it v £175k 458 Italia's but in reality like for like if you want a spider its got to be min £225k
Feels like my F430 spider has increased in value by £10,000 now so its a champagne supper tonight.
Adz man said:
Agree with above. Having had a 458 Demo for a few days as much as its a fantastic car it is not, IMO worth double the money.
As for a Spider with the prices so high and will be for a while the 430 Spider will be a healthy price for quite some years to come as its the next best drop top in the brand, and possibly the world.
are you selling then ?As for a Spider with the prices so high and will be for a while the 430 Spider will be a healthy price for quite some years to come as its the next best drop top in the brand, and possibly the world.
andysv said:
woppum said:
Gallardos seem to be holding up well too. They haven't moved in price in years!
you should try selling one for the strong prices being asked, mine's been three months and i'm getting bids 10k under asking price, and it's a good car.
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