CS Market

Yipes stripes!
I would think you could have yhe whole car painted for less than $24k.

 

No kidding. But....it wouldn't be factory. The factory installed strip is what counts. I was talking to Andrew about what happens if you damage the factory stripe in a minor accident. I think a Stradale would take the same hit in value whether it was factory stripe or not even if you have to replace part of the stripe (hood damage for example).
It's the fact that the car was a factory stripe car that ups the value, even if the stripe has been partially replaced. But either car would suffer diminished value.

By the way, does anyone have experience with insurance paying a "diminished value" loss as pertains to a Stradale repair? A Stradale suffering even a minor accident that has been repaired well will still suffer a 10-15K hit on value.

 

I believe most insurers say claims for diminished value are not payable under comprehensive or collision coverages (excluding Georgia, Mississippi, South Carolina and Tennessee). Most insurance policies say that when the car is damaged, the insurer will pay the cost of repairing the car or its actual cash value (when the car is considered a total loss). In most policies there is no mention of coverage for diminished value, and the payment of diminished value was not factored when rates were established. The devil is in the details. You need to read your policy carefully. My personal preference is to have the stripe on a CS. But if I were looking at a CS without a stripe, I would deduct $$$ if it didn't have one.

 

The stripe premium interesting. I think there are buyers for all types of CS. I was specifically looking for a non stripe, non alcantara interior best condition TDF with extinguisger and radio. When I boiled it down there were only a few well cared for not abused or tracked cars that fit my criteria.

You can always add a stripe if you want that look later, but you can never take the factory stripe off when you get tired of it.

 

Good point! I never thought of it like that.

 

These cars are down to 125? I haven't seen or heard of that yet.

 

Yes, non stripe cars are down in this range.

 

Maybe higher mileage ones. 130-135 more like it.

To all CS potential buyers: Do not nickel and dime on a CS, its worth paying up for the right car.

 

Two in Dallas can be bought in that range. It seems like there is some softening in the market for the CS? Especially for the non-stripe cars. Is this because the inventory is fairly static or because of the new 458 being available? Maybe it's just because the economy still is in the dumps?

 

I think it is in part due to your comments and also guys that are selling to get into a different Ferrari model. I just sold my 575 to maybe look at getting a 360CS.

 

HAHA! You Canadians always say stuff like that.

 

For me the stripe would have to have been discounted, rather than have a premium! As they say, there is a butt for every seat!

I have to concur with the other CS owners.... don't nickel and dime and waste time. I have had allot of Ferrari's and the CS is a brilliant car. Easily the best driver's car since the F40.

You won't regret the purchase........ but you will regret selling it.

 

When I get mine I'll ship... no, drive it up to the NW so we can do the same

 

What is the breakdown by number of the different seat sizes? Are most of the medium?

 

Thanks for that.