16M DISCUSSION THREAD | Page 9 | FerrariChat

16M DISCUSSION THREAD

Discussion in '360/430' started by plastique999, Apr 6, 2012.

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  1. galt

    galt Formula 3 Owner

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    In addition to paintwork, looks like the Miami car was a rental as well:
    Miami Exotic Car Rentals
    Ferrari Rental In Miami | Miami Ferrari Rentals

    I wonder if it is the car from the "Beiber" racing incident? In any case great looking car and probably a great considering there are hardly any of these cars on the market.
     
  2. 09Scuderia

    09Scuderia F1 Rookie

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    do yourselve(s) a favor and just assume you will lose money. You will. So what? If you want an investment car there are a ton of other options. 3x8s, air cooled Porsches etc.

    A 16M is on my short list for my personal year end bonus to myself. I have NO expectations that it will be an appreciating asset. Zilch.

    The 458s are about to take a mini-nose dive $$ as the replacement hits the market. Scuds and 16Ms will lose value as a result. 9/10 buyers with $200k + or - to blow on a used non warranty toy will buy a 458. That will put downward pricing pressure on Scuds and 16ms. How much? Who knows. Maybe very little.

    I have cars that I bought to enjoy. I didn't buy them as investments. They increased in value and now it makes little sense to drive them (or maybe even keep them). Just recently I bought a decent 328 for a fun car. Nothing fancy. In less than 4 months its increased in value by 50%. Poor me, right? Well, if it increases much more I am going to sell it and buy something else that I can drive w/o fear of massive $$ loss.

    Scuds and 16Ms are special cars. Love the fact that they are not coveted as collector cars.
     
  3. plastique999

    plastique999 F1 Veteran Owner Silver Subscribed

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    Not sure I totally agree...I do believe that the 16M will be a collector car, but that will be several years from now.
    I certainly don't look at the 16M (or any contemporary car) as an investment - I drive mine for pure pleasure. Just ticked over 16k miles.
    However, it is interesting to see how limited production cars do in terms of value over time. I don't think the 458 replacement will effect the 16M market too much. Those that now own the 16M understand and appreciate the car, thus they hold onto the car, limiting the supply. Also it is the last of its breed of the fastest SCT with the F1 SF2 60 ms shifts - Oh what a feeling!




    Sent from my 16M
     
  4. Russell996

    Russell996 Formula 3

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    Short answer is who knows how 16M's will do in years to come, can only say that in the last 4 years they have risen close to 30% in the UK. For a car that is simply wonderful to drive it's an added bonus. 458's prices long since went south of Scud/16M prices so I don't see any effect from the 458 replacement.
     
  5. fc2

    fc2 F1 Veteran Owner

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    I drive my 16M almost daily. While it's only a 16 mile round-trip commute, it's all twisties and elevation changes so I really get to feel the car perform.

    I am not worried about what will happen to the value of the car... mainly because I'm not sure I'll ever sell it :)
     
  6. chopperdr

    chopperdr Formula Junior

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    I am not worried about what will happen to the value of the car... mainly because I'm not sure I'll ever sell it :)[/QUOTE]

    Agreed!
     
  7. U-Boat Commander

    U-Boat Commander Formula 3 Rossa Subscribed

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    Agree. I don't plan on ever selling my 16M.
     
  8. Finitele

    Finitele Formula 3

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    and now the ad shows it is still available.
    What is with 16M ZFFKW66A690169187 ?
    History of buyers backing out since it was for sale over a year ago

    http://www.ferrarili.com/used/FERRARI/2009-FERRARI-F430+SCUDERIA+SPIDER+16M-cac23aa40a0a006438c7b98d957ea155.htm


    Edit: link updated, sorry
     
    Last edited: Feb 17, 2015
  9. galt

    galt Formula 3 Owner

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    Link seems dead and just did a search on there website. I don't see it...strange.
     
  10. Russell996

    Russell996 Formula 3

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    4 16M's sold in the UK in the last month went for £245k, £250k, £290k and £310k!!
    None currently for sale.
     
  11. Finitele

    Finitele Formula 3

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  12. galt

    galt Formula 3 Owner

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    Could it be a stale link maybe? If you don't go via the direct link and search for the car on their site or look under certified pre owned or just pre-owned it does not turn up.

    http://www.ferrarili.com/all-inventory/index.htm?make=FERRARI&compositeType=certified&sortBy=year+asc&

    http://www.ferrarili.com/all-inventory/index.htm?compositeType=used&make=FERRARI
     
  13. galt

    galt Formula 3 Owner

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  14. Finitele

    Finitele Formula 3

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  15. plastique999

    plastique999 F1 Veteran Owner Silver Subscribed

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    Whoa! That's the highest priced 16M I have seen currently. I wonder if they'll get close to asking. Does seem high priced for 3k miles.
    Yet supply seems low...any others for sale in the U.S.?
    Are values going up?


    Sent from my 16M
     
  16. galt

    galt Formula 3 Owner

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    There was a 16m in Scottsdale that was listed at 295K. I think there was about 3 or 4 16Ms for sale when that car came and went.
     
  17. galt

    galt Formula 3 Owner

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  18. Finitele

    Finitele Formula 3

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    The red one with leather interior is VIN ZFFKW66A990169636
    Cars for Sale: 2009 Ferrari F430 Scuderia Spider in SCOTTSDALE, AZ 85260: Convertible Details - 393578943 - AutoTrader.com
     
  19. synchro

    synchro F1 Veteran

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    ZFFKW66A990169636 From one dealer to another with price upgrade:

    2009 Ferrari F430 Scuderia Spider 16M
    Mileage 13,764
    MakeFerrari Interiornero ModelF430
    Internet Special $274,750.00

    Crave Luxury Auto
    The Woodlands, TX
    Crave Luxury Auto - 2009 Ferrari F430 Scuderia Spider 16M - The Woodlands , Texas


    2009 F430 Scuderia Spider 16M Carbon Fiber Int Stripe Shields JBL Audio Red Calipers
    Mileage: 13,762
    Apr 04, 2015 , 1:43PM
    Price: US $238,500.00

    Seller: scottsdalesportscargroup
    Scottsdale, Arizona, United States
    Ferrari 430 2dr Convertible Scuderia Spider 16M | eBay



    [Sold] 2009 - Ferrari 16M Scuderia Spider ZFFKW66A990169636 asking price $208k
    http://www.ferrarichat.com/forum/ferraris/473984-2009-ferrari-16m-scuderia-spider.html
     
    Last edited: Apr 12, 2015
  20. synchro

    synchro F1 Veteran

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  21. galt

    galt Formula 3 Owner

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    Is the red car with 13.7K the former Miami rental?
     
  22. FerrariFL

    FerrariFL Formula Junior

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  23. MARMIST

    MARMIST Formula 3

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  24. FerrariFL

    FerrariFL Formula Junior

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    Why do you say? The cars are still under sticker... I would say great buy in the world of limited series Ferraris...
     
  25. galt

    galt Formula 3 Owner

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    +1
    Last time I checked--a bubble has to actually be at a high price! Hard to do that under MSRP.
     

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