456 Increasing Values and Drivers Remorse

Let me start by saying that I am mainly a lurker and really love everything the forum has to offer. I am also a happy owner of a 2001 456M GT manual.

I was stunned when I came across this listing at the Ferrari dealership in Seattle for $175,000. Value increases are always bittersweet for me. As they increase, there is a part of me that gets more concerned with driving it despite my basis in the car remaining unchanged. Does anyone else feel this way?

2000 Ferrari 456 MGT Base Seattle WA | Bellevue Redmond Renton Washington ZFFWP44A6Y0120253


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Not at all. My wife and I drive our cars. Keep enjoying it!

 

Not for me, as the value increases It helps justify the cost of ownership and also makes me happy I made a good decision.

And if the value goes down they become rarer as they get trashed by unsimpathic owners and there is a lot more cheap spare parts win win.

The rarity of the cars and being able to use them like taking 4 out to lunch at country pub, makes the cars an event not just transport.

Having said that these cars are an event ..just starting mine with its Tubi exhaust and they way they make you feel driving them is magic.

 

Thanks for the feedback fellas. The car is truly unique in my opinion for the Ferrari world.


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These cars should be used and enjoyed for their original purpose. I noticed that all 7 456MGTAs on autotrader.com today had less than 30,000 miles and 4 of them had under 15,000 ,or less than 1000 miles per year. That's nuts. Of course, with over 63,000 miles on the odometer, my fully-sorted, cosmetically fine example is borderline worthless, so I might as well wring the hell out of it.

 

Time will come when Mileage doesn't matter condition does, so enjoy..

 

I think that price is a bit ambitious. I don't think there have been reported sales in that range (yet).

That said, I understand your point. I have a 3 pedal 575 and love to drive it.

 

Two "spike values" which doesnt mean a whole lot, but low milage at this point in time is the Unicorn.
The rise of the Ferrari 456 and the butterfly effect

Silverstone Auctions claimed a world record result for a Ferrari 456 at auction when a delivery mileage example sold for £118,125 including premium. The interesting thing about the car was that it was well known and been for sale for a number of years in the showroom of a London dealer for less than £100,000 (although it had started out at £115,000). A few days later a 4,000 mile car that had been available at Romans International for £79,950 for an extended period was also reported to have found a buyer.

 

Their value increases exponentially with luggage.

 

I have a 2002 456M GTA with 17K miles 2 owner all the books, tools, seat covers wheel cover, car cover and the CORRECT set of luggage in Pozzi blue with cream/ blu interior. I don't dare put miles on it, only to show it and to keep it from suffering from unuse. Better than putting the $ in the market . Any idea on it's market value?

 

Nothing without pics!

 

I have an 03 in TDF with 2800 miles - awesome car! I paid 82k for mine about 3+ years ago I think.

I wld think you car is worth around 70 to 80k maybe?

 

I think you are spot on. How much do you drive your 456? What do you think is to much? Have you ever seen a POZZI BLU car?

 

yep 456 looks great in pozzi. my ff is pozzi. I have a bunch of cars so hard to drive them all but the 456 is always a pleasure to be around.

 

I paid 53K I think we both are in good shape

 

agreed! having a new clear film put on tomorrow actually!

 

I know where you are coming from. I also enjoy pulling the 456 out for a ride, it is a special car. I have an Aston Martin that is of the same era, very interesting driving both of them. Thoes on this sight that own a 456 have a special car that will give them rewards down the line. FYI take a look at the Aston DB-7, I think a big up side potential.

 

I am curious about your thoughts on both the Aston and the 456, given Clarksons comments.
https://m.youtube.com/watch?v=OeMk7ckzhDU

 

Mine is pozzi as well. love that color. 1999 GTA

 

Hi everyone .

My 1994 456GT is not a garage queen ...114.000 KM and counting!!

It´s worthless now with all these KMs!!

BUT i love it !!

Drive your cars , they are meant to be driven!!!

Photos by F430Modena
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wow! I also have a manual 456 and an aston DB7 vantage volante V12 in BRG. Would part with the aston first,but its a great summer cruiser.

 

Andrew D, I love the DB7. Is it a stick? That is definitely my next car. Let me know if you ever decide to part with it.


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My Aston is a 6 spd manual and it is a wonderful car. The sound of it's V-12 is fantastic. My car is a one owner and was specked out with a 1986 R/R Belmorao green exterior and the hides are a deep tan, also special ordered. going back and forth between the 456 and the Aston is interesting. I would say to anyone, pick up an Aston and a 456, both are going north of 100K soon.

 

I agree drive.....some cat on f-chat here has a saying....not having sex with your girlfriend to save it for the next guy....etc.....I forget exact quote....I'll dig it up

 

The saying is

It's like not having sex with your beautiful girlfriend because your saving her for the next guy.