What's the realistic value of euro car? | FerrariChat

What's the realistic value of euro car?

Discussion in '360/430' started by mrpcar, Dec 23, 2007.

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  1. mrpcar

    mrpcar Formula 3

    May 27, 2007
    1,114
    Chino hills, CA
    Full Name:
    Robin
    #1 mrpcar, Dec 23, 2007
    So you hear this from both sides, seller says it is no big deal, dealer doesn't want to touch it on a trade in. (Or doesn't want to give you any money for it).

    I see a lot of euro cars that has been on sale for awhile and they are not selling.

    What's the realistic impact of buying an used Euro car? I am not worrying about the service end of things, but more in term of the difficulty in selling the car later.

    What's the impact in dollar figure when I want to sell it? How much less will the car bring compare to the same year model US car?

    TIA
     
  2. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    #2 PCH, Dec 23, 2007
    Unfortunately a Euro car is a 'story' car which does hinder resale. Expect an approx. 20% hit on value over its US counterpart. Unless the model in question was never imported by FNA then I personally don't see the value in ownership.
     
  3. 360trev

    360trev F1 Rookie
    Project Master

    Oct 29, 2005
    4,252
    Gibraltar
    Full Name:
    360trev
    #3 360trev, Dec 23, 2007
    They are basically grey imports and thus can be considered fantastic value for money if you can get a good example.

    Also the Euro spec cars have less weight (due to US regulations) and less restrictive cats (improving power). The weight difference between a 360 Euro and 360 US is very significant. You'll sell for less but you'll also buy for less.
     
  4. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    #4 PCH, Dec 23, 2007
    By the time the certification lab has completed the EPA/DOT compliance specs, I highly doubt there's any significant weight or performance advantage.
     

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