CS Prices Firming, Pushing Up? As everyone knows, an appealing feature of the CS is its limited production numbers. Based on all listings in Autotrader.com, only 4 or 2% of the two hundred and thirty-three 360s listed for sale, are CSs . According to information in Autotrader.com, the spread in prices for the two hundred and thirty three 360 spiders and modenas in the US ranges from a low of $90K for a 1999 modena to a high of $249K for a 2004 spider, a spread of $159K. Noted as an aside, the price spread for the forty 430s for sale in Autotrader.com ranges from a low of $225K for a 2005 coupe to $357K for a 2006 spider, a spread of $133K. Specific to the year in which the CS was sold in the US (2004), the range of prices on 2004 360s is as follows; -- 360 spider; low of $174K to a high of $229K, with a spread of $53K -- 360 modena, low of $149K to a high of $179K, with a spread of $30K -- 360 CS, low of $189K to a high of $204K, with a spread of $15K With the low numbers of CSs produced and for sale, with the CSs price stability (as conveyed by the spread relative to 360 spiders and modenas), and doubts that a 430CS will make it to the North American market, Id predict CS prices are firming and pushing up. Admittedly, the data I use are limited to only one (large) source in North America, so please construe my conjecture as a hypothesis inviting further reflection.
Spreads also reflect milage (much more variable in the first two groups), warranty in effect or not (ditto), need for major services, etc.
Give Ferrari Newport Beach a call and add their asking price for this Stradale to your list. Might skew things upwards a bit . Yes, I'd say prices are nudging upwards. http://www.ferrariofnewportbeach.com/inventory/inventory.asp?id=163
When the dead of winter hits and the market is more limited, will you then say "it looks like the CS market pricing is dropping like a rock"? Asking prices are not the same as selling prices, so it's really not even close to being an honest assesment of where the market is heading. I think the CS will continue to drop in price slower than the normal 360 or 360 Spider, but I also think your search is not really proof of any pricing trends. I can list a CS for 1.5Mil on Ebay, does that mean prices are going through the roof? Given the rumor that the 430 will not be offered in a CS variant, the news is 1: Unconfirmed. 2: Too new to have affected prices at this point. I do not expect you will ever see a 360CS that does not have stories for less than $100K, but do not see them going up in price in the short term either.
What a shame, that's Chuck's car. Can you believe the mileage? As a matter of fact I can, he just never drove it. This is a superb car for anyone interested.
This low mileage CS in Scottsdale didn't last long. I think they were asking $205K. http://scottsdale-ferrari-maserati.ebizautos.com/detail.aspx?iid=1197478
Yes, its now happily home here in South O.C. Maybe the buyer will come out of the woodwork and introduce himself
Nope. There's one CS for sale in Canada, as new, with < 300 miles, for Cdn$300K = US $268K. Its a crazy world.
how could you NOT drive that car? Its like crack cocaine! Talk about self-control, thats just cRAZy!!
The focus of this and previous CS valuation threads seems to be price alone and lesser focus on condition, colors or options. The gentleman who purchased my CS was very through in his search. He relayed a couple of horror stories of CS cars that sounded great, priced great, but when he learned the full story of each car, which no seller was offering to him, he realized those were not good purchases. Unless there are fully known specifics offered about each CS, any price asked can be very misleading in trying to establish CS market value. Chuck's orange CS is a one of a kind orange. I believe the MSRP was over $212,000. For someone who wants a near new car and likes the one of a kind aspect, the car is worth whatever that buyer might pay, which might well be the full $230,000.
$230!!!!! You would have to be out of your mind to pay that much for a 360CS. Hell, there are 430's out there for that much.
Gary, please tell me that you didnt sell your car for less than $200k........... I need to think that it was more than I was willing to pay. That was the car that I compare all other CS' to.
Brett, IMHO, if you find the duplicate for $200,000 of my recently sold CS, I recommend you immediately jump on a plane, and if it checks out, buy it. But be careful, there is much misrepresentation out there. Since I started looking in early January, I've not seen another CS like mine, ie options, color, interior, mileage. It is easy for folks to discount the asking prices of Ferrari dealers, but when you consider some sell over 100 cars a year, and manage to pay the light bill, maybe, just maybe, they know something about the market.
Unless the 430 is a 520hp 430CS... then the 360CS will surely see a market correction. Uh oh, here comes the 430CS now....... Image Unavailable, Please Login
I for one would really like to see spy pics of the f430 serie speciale (or the f430 CS). The above challenge car needs revised front and rear bumpers, rockers, mirrors and rear spoiler. -Peter PS the irony of the no camera sign..........
Yeah, wishful thinking. It's odd that with 430 importation to the US to stop dead in 23 months, no one I know has been offered a "430 special" by their dealer. I suppose if they show the car at Geneva 2007, that gives them 18 months to take orders, build and ship to the US. Wait and see.....
