Are 430 Scuderia asking prices really going up?

Keen observation

 

when the New 458M comes out for close to 400k to 450k the scud at 225k sound very good deal , let just face it scuds. are just going to go up as time go by why would they go down for , they ,ll be a steal for 225k 250k

 

Here we go..... AGAIN and AGAIN and AGAIN.

 

Unless 458s drop below $200k

 

Looks like that has already happened. Please see the link below. It is a search from Cars.com for 458 Italia coupes. Looks like you can get one with under 10K miles for under 200K. Ther are 189 cars for sale so my guess is that there is a touch of negotiating room.

Used Ferrari 458 Italia - in 33133 - on Cars.com


458 is an amazing car as is the scud. They each offer something different--and they both do what they do brilliantly.

However, the market for the cars is just different right now. On average, the guys wanting the "latest an greatest" are transitioning from 458s to the Speciale, or the 458 spider, or--soon--to the 458t. There is significant supply of 458s on the market as you can see in the link above. Scuds already had that move years ago when the "latest and greatest" guys moved from the Scud to the 458.That is when scud prices took the hit because of a new model coming out--not now.. We have seen this over and over again with other exotics. Especially the CGT...although it bounced very very hard as people recognized what an amazing car it is and how a car with driving dynamics like that will probably never be repeated by Porsche--too risky.

The supply of Scuds for sale is low. In my view, the guys buying them are doing so for different reasons. Namely, either to keep them in a collection or because they want a very different driving experience from the 458/Speciale/458T (Different not necessarily "better" or "faster"--it is preferences I am talking about). The supply of cars that offer that "different" driving experience is probably shrinking and certainly not growing--after all they are not making them any more...

This is a similar dynamic to the GT3,993, GT3RS, 80's carrera dynamic. Those cars did not go down in value when the 991 started depreciating--quite the contrary. Same is true of the scud, the 458 has been depreciating over the last year. The Scud, on the other hand has not--especially for low mileage examples which seem quite strong compared to a year ago. We have seen significant appreciation of the CS over the last year. It is further along in the cycle with even more cars in collections and very low production numbers.

Finally, another factor is that MSRPs are rising as well. A loaded 911 TurboS is just under 200K! Obviously a Speciale is not exactly cheap--significantly more than the sticker on the scud.

 

Not to rehash this issue as I know a lot of FC members hate it (FreshMeat) but...... I was looking at DuPont Registry today and was shocked to see the asking prices. You have 2008/2009 asking prices above 200k. Again, I realize these are just the asking price but, I can't remember seeing them this high...ever.

Interesting to see what happens over the next 12 months.


Ferrari F430 For Sale - duPont REGISTRY.com

 

Keep in mind the DuPont prices tend to be higher than those of other sites.

 

+1

 

Saw the same...scuds above 200 on both cars.com as well as auto trader.com. I don't remember seeing any above 200 one year ago.

 

There have been scuds with asking prices over $200k since at least a year ago when I started looking for my scud.

 

This very rare F430 "Enzo" edition is $425K!
2007 Ferrari F430 For Sale - 828167 - duPont REGISTRY

 

gotta hand it to him though tommy...bugger is really bloody consistent haha.

 

the scuds. are just going to go higher and supply demand is there ,who want a mass production 458 that there are already under 200k and going to be lower and so many out there,

 

Again, if it annoys you that this is being brought up so often, feel free to pass over these types of threads.

 

Why do people think the scuds. are going to go down in price ,they already went down now they must go up and stay up, think of the words supply and demand , when the scuds. took a hit a few years ago everyone could only say was supply and demand here we go folk..

 

Gotta feel good making the above statement! LOL

 

....
and when a top spec'ed out Scud hits the market at $179k and just sits, unsold for months at a time ...
then that truly speaks volumes about the real market...
http://www.ferrarichat.com/forum/ferraris/459426-2008-430-scuderia-pristine.html

 

The "real" market? As I've said before, a single data point, in this case a single car, tells us nothing about the market as a whole. We have no idea why a car is priced as it is or why it doesn't sell. I don't understand why people keep identifying individual cars and then make broad-brush statements about the market as a whole.

 

179 for an 2008 is a bit on the high side as well.

Again, it is interesting so see the asking price creep up. Time will tell what they actually sell fore.

 

+1. Almost like people want to see them sell for a civic. It's strange how defensive people get about this topic.

 

I just wonder....
about the ones who are selling their scuderias....
What are they replace it with?.....

 

If you like a raw car how can you really replace it. I heard the 458's are soft and the GTO's are going for 500k.

 

Because they either have an agenda or can't reason.

 

Very hard to replace...nothing in the range (current market) for the price compares IMHO.

458s are amazing cars though - far from "soft".

 

Yet back then you were blowing your horn that the Scuderia was going up in value when everyone else was saying otherwise.

It is not really supply and demand, but really a trickle down effect from other more collectible Ferraris. The 458 Speciale is all but unobtainable and the Stradale has made huge jumps up in price - as have Ferrari 512BB/BBis, 365 GTC/4s, F512Ms, etc... The Scuderia is slowly following that same path. I like the Scuderia and have nothing bad to say about the actual car, just these delusional prices some people seem to think.