F-430 Used Market Values

I guess starting bid at $150k is reasonable, thanks. I saw an 05 manual 430 go for $135k on Ebay, that is amazing...

 

The new Tampa Bay Ferrari dealer offered me $145K for my car and they are not buying coupes now. I think they need to be a little less offensive on Ferrari values. For a car that stickered at $225K, $145 is insulting.

 

Correct im with you ...but im not in the ferrari realm yet just a fan...my pocket is still half empty and two little ones.

 

Not trying to pick a fight... and I have no sense of 430 market price today,... but what price would you feel isn't insulting? What can an AD expect to get for a 2007 car currently? If they gave you 155K, and then sold for 175K is 20K profit too much for the "risk" of talking the car off your hands. Is $175 a sure sell at a dealer? I doubt it somehow...

 

Evidently that dealer has informed you of the current wholesale value of your car. Too much supply, too little demand and the abysmal economy, they wont be offering you that much in a few months.

 

I was at the Wynn in Vegas last week and the F dealer there offered me $140K trade in on my 12mo. old Spider with 6K miles. Sticker was $236K. with 6spd. That was towards a 599 for $300K

 

I was offered $185K by one south dealer and north region dealer. My car only has 980 miles on her.

 

One question for all the market experts here. Will the extremely limited 2008 USA allocations, will that be enough to firm the prices of used 430 cars?

 

The Vegas dealer has a definite history of being way over priced - just check out their web site for used vehicles

 

No.

Downward pressure is on all production late model Ferrari's, with the current few buyers, plenty of cars avail scenario ongoing. An example below from a known dealer here who posts. 05 models with a few miles have sold in the high 130's$. Enjoy the gorgeous car in your profile. Value is not worth worrying about at all - for now.

 

check the recent posts, dealer bids anwhere from 140-185

 

When did Tampa get a Ferrari dealer? They never had one when I lived there.

 

Early December.

 

Local Red Tan 05 loaded with CC brakes F-1 but higher milage around 27k miles just sold for $130k

 

History has shown the devaluation of the preceding model, takes down the superceding model. Meaning, the F430 will fall the way of the 360.

F430's have only one way to go, and that is down.

 

Hi mike. I've been thinking about a Stradale, but the way the F430's are going I might change my mind!

 

I already heard from a few people that Ferrari dealers are calling them to try and stimulate a sale. Is this the beginning of the end of "over sticker pricing" ?

 

Here is a link for a 145k 430 which you could probably pull off for 140k in this economy. It has 15k miles and its a 2005 red coupe.
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Here is another 07 Ferrari F430 Coupe F1 with 491 miles and it is heavily equipped Carboceramic Brakes, Red Calipers, etc. for 150k, but someone could get it for $140k. The car is located in South Florida. Here is the link: http://miami.craigslist.org/mdc/ctd/970732701.html

Here is a red 05 Ferrari F430 Spider in AZ. Here is the link http://phoenix.craigslist.org/nph/cto/974915436.html

 

They claim that business is "strong". Just saw a little video on them on CNN.
http://www.cnn.com/video/?/video/us/2009/01/05/rojas.fl.ferrari.sales.baynews9

 

heres the first...reserve not met but bidding ended at $164,100.. [url
The listing under the site you listed directed you to ebay..the Craigslist add is lead genator for ebay auctions..

Second one in Phoenix I would need way more information! But looks ???able

 

Wow '07 for $150K, Yikes. That explains why Honda dropped their $150K supercar, why buy a honda when you can get a Ferrari.

 

The 430 is one hell of a car and you can get in one today for alot less than a good Stradale. The power is so much better in the 430 but the feel of the CS is just so special. Plus the CS will hold iits value alot better. Depends how much you will drive in and what you want the car for. I would go CS all day

 

It's amazing how the values of F430s have tanked badly... a F430 for $140K with less than 500 miles? WOW

You know someone paid at least $230K for it ~18 months ago.

How much will it be in another year? I'm going to guess $100K then I'll finally have one sitting in my garage.

 

Prices are down..but the link posted was to auction that ended $25k more then $140k...