guys...I am being a bit hard headed this morning. accept my apologies for the jousting.
Wasn't trying to bust - just wanted clarification. Manual F430s probably won't be depreciating but that's not what we are discussing here because that's not a straight trade for a GT3 on any planet. As I said, if I wanted an F430, I wouldn't let any potential depreciation get in the way. You could have bought a 2005 F430 in 2010 for not much more than today's prices. That's five years you could have been enjoying an F430 for not much money, in terms of depreciation. Was there some level of depreciation? Sure. Was it enough to truly lose sleep over? Not likely, especially if you really enjoy driving the car.
No apology needed Pete. I think the difficulty is that for us who own them, we'd like to think they are just cars and so not spoil the enjoyment of putting on the miles. But if I referred to either my 911 or 430 (or 612 for that matter ) as just a car outside of this forum I know exactly what people would think of me, and rightly so for they are all very special cars. I think the message is clear to the OP though, drive it. Sent from my iPhone using Tapatalk
I let him know that I want a PPI done and I'm open to sending him my previous PPI from Porsche. I appreciate all the feedback guys. My thinking is this: I'm going to sell the GT3 in early Spring this year to free up some money for an investment I want. If I do the trade this month, and enjoy the F430 for a few months and then eventually sell it around summertime this year: 1) How much money will I lose/gain? 2) Will I get the same value for the F430 as the GT3? 3) How quickly do F430 with 25k miles get sold for? These are the questions that are now circling my mind. Here's a pic of my car .. just for fun. Image Unavailable, Please Login
You could lose at least 10 percent due to the short duration of ownership. People will want to know why you are dumping the car. Ferrari worries are big-sack-of-money worries so short term ownership is a tough sell IMO No, why do you think the dealer wants your car? Unknown but consider that a 1 owner totally documented service history in hand and proof that the Ferrari had a well cared for life would sell much quicker than a multi owner car with no service history that you need to unload right now. Not sure if an option but maybe see if the dealer will lease you the 430 for 2000 per month. I think you come out ahead if you keep for 6 months and return it. EDIT... and your car is beautiful! The thing about the GT3 is that the masses know it's a Porsche and "well made" and "use-able" so the market is larger when you need to sell. Ferrari is extra special and very exotic so the market you will be selling into is smaller. If there was ever a Ferrari made that will help to balance these two markets the 430 is it but I wouldn't want to be holding one and need to sell unless it was one of the appreciating models.
OP, listen to Kevin. Furthermore, Ferrari ownership is generally about enthusiasm and passion. If someone is buying a car just for the summer and is concerned about what it's going to be worth at the end of the summer, the car is going to be appear to be unloved and basically purchased for nothing more than an extended joy ride. People will see there was no passion or enthusiasm. You have probably noticed that there is no shortage of F430s on the market. People will no problem looking elsewhere for a more loved and appreciated car.
Kev, you're a true brother. Thank you for the insight. Sometimes I need somebody else's viewpoint. I can wait after my investment to get the F-Car. This is why I Love F-chat. Good job guys.
Somewhat different but I sold my 2010 GT3 last June after I bought the 2002 360 manual. I never thought I'd sell the GT3 as it was sublime but the 360 is just so incredibly mechanical yet modern at the same time. Pretty too. You'll be happy with it as a toy.
I sold my 996 GT3 18 months ago for a 430 F1 spider, my only regret is that the GT3 is now worth twice what I sold it for here in Australia. GT3 was a solid track car compared to 430 but on the road it's different. Every drive is an event, sound is so intoxicating. Have both if you can afford it, I wish I had kept mine... But purely for the way it's appreciated.
I sold my 996 GT3 18 months ago for a 430 F1 spider, my only regret is that the GT3 is now worth twice what I sold it for here in Australia. GT3 was a solid track car compared to 430 but on the road it's different. Every drive is an event, sound is so intoxicating. Have both if you can afford it, I wish I had kept mine... But purely for the way it's appreciated.
I have a 2005 F430 F1 Spider and a 2005 996 GT3. I have had a Porsche or a Ferrari since 1998. I have been without a Porsche once and a while but never without a Ferrari. I drive the GT3 at the track at Porsche Driver Education events, some times I will take a Ferrari to those events. If I had to pick one it would be the Ferrari since I drive on the street more then at the track. Street driving is always more fun with any model Ferrari versus any model Porsche that I have experienced.
