What do you guys think 2005 f430 for $130k | FerrariChat

What do you guys think 2005 f430 for $130k

Discussion in '360/430' started by mrduck, Mar 11, 2014.

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  1. mrduck

    mrduck Rookie

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    Hello, I'm new here and was wondering if you guys think this is a good deal.
    2005 f430 red/tan with 3500miles for 130k
    Clean title headers haven't been replaced.
    f1 not 6speed manual

    I got a really good offer on my mint 2005 nsx. I bought it 3 years ago for 75k with 3500 miles and have a guy that is willing to pay the same 75k today for it with 10k miles.
    The nsx has been so good with no problems.

    Im just afraid of all the problems I have been reading with f1 tranny and headers.


    Mr. Duck
     
  2. southnc

    southnc Formula 3

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    3500 miles is very low for 2005. IMO, low mile cars can be a maintenance nightmare if you DO plan to drive them.

    Also, with so many 430s out there, that price seems a bit steep to me.

    Good luck.
     
  3. Voda

    Voda Formula 3

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    Your NSX is like owning a Honda (which it is) -- Reliable. The Ferrari won't be anywhere close to the same experience, which may be both good and bad. Good in that the experience likely won't even be comparable in terms of enjoyment (having driven and/or owned modern Lamborghini's, Astons, Porsches, Audi R8, etc., the Ferrari is just in a whole different league that is hard to put into words). Bad in that you have pay-to-play which may be an issue if low maintenance costs and Honda reliability are important to you. I also agree, that the price is steep for an '05 with plenty on the market, and I'd rather purchase one with a few more miles knowing that it has been shaken-down and things that commonly go wrong will have happened and been repaired, updated, etc. A PPI is also very important when you find "the one". Good luck.
     
  4. hardtop

    hardtop F1 World Champ

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    Search for a manual with more miles and manifolds replaced. It will cost less to buy and less to live with. My 3 pedal 2005, which I bought new, has been very reliable. Manifolds were replaced under warranty in 2008. Now has 24K on it.

    Dave
     
  5. 335s

    335s Formula Junior

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    outrageously so-IMO...
    It's "just a 430" with paddles...this is 2007 6-speed "collectprs": "never gonna drive it", kind of money(with a low clock as well!)
     
  6. mrduck

    mrduck Rookie

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    @hardtop, any other problems besides headers?

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  7. daviddallas

    daviddallas Formula Junior

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    you probably know this but get this OR any car Ferrari you are looking at buying a PPI done on it. Even if they say they done it themselves, take it to a Ferrari dealer OR Ferrari service specialist.. They should be able to tell you how the engine is with the low milage. If it been sitting for long periods of time, as mentioned before, it could have some issues.

    Good luck..
     
  8. mrduck

    mrduck Rookie

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    Im buying it from a ferrari dealer, should i take it elsewhere that is not bias to do my ppi?
     
  9. Bullfighter

    Bullfighter Two Time F1 World Champ Lifetime Rossa Owner

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    I wouldn't bother with a PPI if it's from a Ferrari dealer - but ask if it has some kind of warranty (30 days?) $130K sounds like full retail.

    But I would go with a three-pedal manual car instead.

    Also not a fan of paying a premium for a no-miles car, unless you're planning to put it away as an investment.
     
  10. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ Owner Silver Subscribed

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    It seems like there is a premium on the car based on low miles and it probably looks brand new too! I am assuming that it is also a one owner car? If so that also plays into the premium. If these things are important to you I would say that is a good starting place for negotiations. How cheap do you think an almost brand new Ferrari super car should be? If it was a manual car I would jump on it and not even haggle.

    Things to consider that factor into the price other than just (low miles).
    # of owners
    Any modifications?
    Documented service records (There should be quite a few "annual service" records)
    Exhaust manifolds - It is my understanding that you will be replacing these at somepoint $$$
    Clutch Wear % (they can plug it into the computer and show it to you)
    Is everything present that the car came with originally (flashlight/charger/keys/Alarm Fobs/Radio Code Card/Alarm Code Card/Car Cover/Seat Covers/Manuals/Charger)

    Good luck, you can ask to have this moved to the 360/430 section and post up the VIN and ask questions to see if anyone knows the car? or has seen it / driven it, etc.
     
  11. Ferrari-F1

    Ferrari-F1 Karting

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    I think I know which specific car you are referring to and perhaps it would be more helpful to tell us where it is for sale so we can chime in about the dealer or vehicle history

    you will be very impressed with a 430 if you have a nsx
     
  12. mrduck

    mrduck Rookie

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    I just looked at the car today. It is pretty basic no daytona seats or powered seats, the color is not rossa corsa, it is the scuderia color has a little orange in it. Original owner the car is on consignment.

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  13. mrduck

    mrduck Rookie

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    Located at harris ferrari in utah.

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  14. mrduck

    mrduck Rookie

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    I talked to service, $7000 to replace manifolds.

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  15. hardtop

    hardtop F1 World Champ

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    Basic seats are a hard sell. I'd keep looking.

    Dave
     
  16. PbPedis

    PbPedis Formula Junior

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    Personal preference, but I would take rosso scuderia over corsa every time. Good chance you will need new manifolds at some point so I would factor that into the price.
     
  17. secondsole

    secondsole Formula Junior

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    IF the manifolds are fine, just get the Capristo brackets for $650...and it's all good. Any red Ferrari is cool, from a dealer is a nice thing...I too would pass on non-Daytona seats. There are lots out there. Check out Marshall Goldman in Ohio.
     
  18. Afonsolaw

    Afonsolaw Formula 3

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    If it was a three pedal with those miles I think that would be worth it.
     
  19. mrduck

    mrduck Rookie

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    I think im going to pass and wait for a one owner manual f430. Thanks for all the input.

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  20. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ Owner Silver Subscribed

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    Be ready to pull trigger when you find it. That's a hot ticket item! Good luck.
     
  21. sssdu01

    sssdu01 Karting

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    I would hold on for a gated MT. As these cars get older they will have more issues with the F1 transmission. I know loads of people will chime in and say how good it is etc but just trawl through all the posts on this or any other forum....there are lots of posts about F1 issues.
    I believe the ongoing F1 costs, and the lower costs of an MT car will see an increasing price premium on MT cars and with fewer made they will sell quicker. In the UK MT cars seem to sell a lot quicker and a few dealers I have spoken to have said there is a premium of a few thousand pounds on a MT car.
    Finally for those who still want a MT Ferrari will be drawn to 430's as its the last mid engine car with a MT. I am not saying they will become expensive collectors cars but wil always be easy to sell on for a good price when you want to change.
    Simon
     
  22. hardtop

    hardtop F1 World Champ

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    A one owner, manual car will be very hard to come by. Ferraris tend to change hands more frequently than other cars. From about 2005-07, people who bought new could sell their cars for a profit and many did. There were very few new buyers out there like me who actually kept the things.

    Dave
     
  23. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ Owner Silver Subscribed

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    Yes! But thankfully a "few meticulous-owner" car is just as good! :)
     
  24. phriek430

    phriek430 Karting

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    Good decision!
     
  25. mrduck

    mrduck Rookie

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    @hardtop, dave do you want to sell your car?

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