A 599GTB sold for $682K at auction, how will that affect gated 430 prices?

Was thinking the same exact thing.

 

I think this will have a mild impact on 430 sticks in the short term.

I say this as a 430 stick owner.

I think long term 430 stick shift cars might see parity to Scuderias and perhaps even surpass them.

 

Put it in perspective. There are probably less than 300, maybe way less, 599 3 pedals (there were only 246 575M 3 pedals). There were ~4500 3 pedal 360s and 1500-2250 3 pedal F430s. WAGs of 10-15% of 15,000 F430s, based on UK statistics of 15.7% F430 3 pedals, the only real numbers we have so far.

 

Terry, thanks for the estimated numbers.

Caerulus11, I had the same thoughts as you. Does anyone know the total scud production numbers?

 

Save the 3 pedals folks...they ain't printing no more and they will go up in value. Not just for Ferrari but Lamborghini (who incidentally produced a 3 pedal car the longest - limited production of 25 units in 2014 in the 50-Anniversario model) is touted to have ended their official availability of 3 pedal cars, their v12 hasn't offered it since 2012, and now their have made the last of any Italian Supercar/exotic with the 2014 V10 prior to launch of Huracan.

 

Terry,
I don't know why hard numbers are so hard to come by, especially since Ferrari sold 3 pedals as separate models. It is known Europeans liked them more than US buyers. Based on my observation of how many our local dealer sold, I would bet considerably less than 10% of US deliveries had 3 pedals.

Dave

PS: I would sell my one owner 3 pedal coupe for HALF that 599 341K. Haha.

Dave

 

It totally doesn't make sense; can you provide the link of the auction ? I think 599GTO is around 600-700K ; how could a 3 pedals 500 surpassed it .... it should be around 300K areas depends on the year of made.

 

That was my impression. There had to be something else unique about that car.

 

I don't think so. At least not from the auction catalog description.

 

The 599 was an extreme outlier and the dream for anyone sending a car to auction; that two rich guys get into a pee pee contest throwing the market to the wind. While exciting to gated owners it really is an odd ball sale and should not be something to judge the market on.

The real question should be to the OP who lives in Southern California, has owned a 430 for the better part of 8 years and has a mere 5K on the clock! Why so little mileage in one of the nicest places around to own one of these magnificent cars?

 

why are you all so obsessed with value resale?

you buy cars, you do not drive them as they should, leave them closed in a garage and hope you'll get double the money you paid for when you're going to sell them...

strage behave...

 

There was nothing different about that 599. Some of the 599 owners were even grumping about how poorly it was presented.

F- Having fun? This sale was an outlier, so bound to generate comment. Rarity of one's Ferrari is always interesting, even if no one is selling. So if you are not interested, find another thread.

 

$682k and you get a swirled black car? that's crazy!

 

Hard to believe it but it might be true. Maybe a charity involved? There was an M5 a while ago that went for over 500k. But the money went to a charity.

 

This money went into somebody's pocket. An FChatter who was there said there were at least 4 serious bidders, too. Maybe rich guys who did not know much about 599s.

 

i hope this drives up the price of MTs all over the world. This not because I own a MT 430 but like many others are pissed the standard gearbox is being phased out. Id like to see a 430 hit the block its the last of the mid engine Ferraris. viva the mans trans

 

Here the figures which I found regarding the manual V8...
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What is SORN vs. Taxed? Looks like the smallest number of 3 pedal Berlinettas were surprisingly first year cars, which means there was slightly more interest in 3 pedals toward the middle of the build perios tapering off slightly at the end.

 

Looks pretty close to my range of 1500-2250 three pedal F430s. Not sure where the data originated, but estimates of 5% for three pedal F430s are way too low. It was 11.9% for 575Ms and about 10% for 612s, probably around 5% (maybe 300 at most) 599s, and around 9-10 Californias. 4749 3 pedal 360s.

UK numbers for F430s are 258 three pedal and 1578 F1, or 15.7% 3 pedal.

 

In Germany at mobile.de there are exactly 300 F430 offered and only 5 of them are manual - 1.7 %!

In Autoscout over all Europe there are exactly 406 F430 offered and only 5 of them are manual - 1,5%!

Maybe it´s not 100% representative but it´s a good indicator how rare the manual F430 are!

(The previous table for F430 from page 1 shows in my opinion the number of registered F430 in the UK and not the production volume.)

 

Those mirror the percentages for sale in the US pretty well but, I believe, does no reflect the number in existence but only that 3 pedal owners are less likely to sell and/or they sell without being advertised. The reason(s) for this is open to speculation.

Dave

 

Dave- We see the same thing for 575Ms. The 246 575M three pedals (11.9% of 2064) change hands irregularly and now at a premium. Not true on the premium just 18 months ago. Two 575M HGTC 3 pedals have changed hands recently for right around $200K, about a 50% premium over an F1 HGTC.