cold days, slippery surfaces, be careful about 1 week ago , I almost lost control and hit the center divider. trust me i was driving at 40mph and the rpm didn't even reach 5000. I was kissing my tires after parked it with still a heartbeat rate of 90.
2 Challenge Stradales at the Scottsdale Auctions (January 20 & 21, 2017) The Scottsdale Auctions | Gooding & Company ZFFDU57A440138116 Rosso Scuderia Red-black alcantara Red calipers Factory stripe Fire extinguisher Mileage 260 km Estimate $350000 - $450000 Supplied new by Ferrari of Ontario (August 31, 2004) Link to registry: Challenge-Stradale.com - Ferrari 360 CS VIN 138116 Link to auction: 2004 Ferrari 360 Challenge Stradale | Gooding & Company Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Gooding & Co Scottsdale Auctions (January 20 & 21, 2017) The Scottsdale Auctions | Gooding & Company ZFFDU57A440139041 Rosso Corsa Black leather Factory stripe Red calipers Radio Fire extinguisher Pre-wired battery charger, stitching in color, space saver wheel, leather headliner, leather rear shelf Supplied new by Ferrari Maserati of Vancouver Mileage 9705 km Estimateb $250000 - $300000 Link to registry: Challenge-Stradale.com - Ferrari 360 CS VIN 139041 Link to auction: 2004 Ferrari 360 Challenge Stradale | Gooding & Company Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
I know this car well and was a friend of the previous owner. Tragically, he passed away. It could be a decent car but the accident record will never go away so it will always have diminished value. Unless something was done when it was for sale at Ferrari of Los Angeles, it will take $15K to $20 to correct the issues but they are correctable. The price is finally starting to get to a more realistic point. From my perspective, it's a $135K to $140K car. Put another $20K into it and then it starts to make sense. I'd love to see it go to a good home with someone that knows how to take care of it.
1 of the 25 Cornes Edition CS's is for sale in the UK now. It's LHD and a Japanese VIN car. ZFFDT57J000138726 Rosso Scuderia Red-black alcantara Gold calipers Factory stripe Rollbar Fire extinguisher Radio (now removed) Cornes Edition: Japanese special edition of the CS, to celebrate the 25th anniversary of Ferrari importer Cornes in Japan White rear Challenge grille Gold calipers Michael Schumacher signature on passenger door panel Carbon fueldoor White rev counter Special plate on car "25th 2004 Cornes" Link to registry: Challenge-Stradale.com - Ferrari 360 CS VIN 138726 Link to ad: Used 2004 Ferrari Challenge Stradale for sale in Lancashire | Pistonheads Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
I think it was simply a situation where the previous owner passed away (friend of mine) and the current owner inherited the car. She likely saw some of the prices that Stradales were going for at the time she inherited the car and felt it could draw that without knowing the impact of the accident or truly having an in-depth understanding of the market. It's easy for that to happen if you don't stay close to the market. As I mentioned in a previous post, it's actually a very nice car that needs about $15K to $20K (maybe less) to correct the issues. At $135K to $140K you can fix the issues and still be OK. If I didn't already have a Stradale, I would make an offer in that range to them in a heartbeat. Eugenio took care of this car which speaks to the quality of the maintenance and the previous owner never abused it. Net, it was very well taken care of and a very nice car.
SCAMMER ALERT in Europe / Germany It's the same story as all the other fake ads for US spec CS's here in Europe. The cars are always located in the Port Elizabeth terminal waiting for export. US spec cars, very cheap price (160k including VAT/customs/shipping). Beware! https://www.autoscout24.com/offers/ferrari-360-challenge-stradale-f1-gasoline-red-9fc1f942-fae7-702d-e053-e350040a850d?cldtidx=2 US spec car, "car is currently located in US, NYC Terminal - Port Elizabeth waiting for the export authorization."
As Mike Law described earlier, everyone is looking forward now to this sale, coming up in a few moments! 2004 Ferrari 360 Challenge Stradale | Gooding & Company
I was at Gooding Scottsdale today & watched that Stradale go across the block. It was a very low mile perfect example ~ and seemed to have gone correctly priced. Another one due through tomorrow.
So according to the info on Mike's fantastic site, it took about one and a half years to sell and sold for 54k less than original advertisement (396k vs 450) Assuming that we believe the market has gone up for most of these 1.5 yrs it does show maybe how some asking prices are a bit optimistic. It would be very interesting to see how much the 9k car sells to get a sense of the mileage effect. If it goes for 300k+ it may be good for those that want to drive their cars as it shows the spread is not massive. 400k for a car to look at is quite ... (I can't think of the right word !) especially when it's one of the BEST cars you can drive
There are lots of cars sitting in private "museums". This CS is probably not going to be sitting in some guys 2 car garage in the "burbs". It's an investment.
The other CS at RM was just sold for $210k, that's $231k including commission (10%). 138116 went for $396k with 260 km, rosso scuderia with redblack alcantara, factory stripe 139041 went for $231k with 9705 km, rosso corsa with black leather, also factory stripe Challenge-Stradale.com - Ferrari 360 CS VIN 139041 2004 Ferrari 360 Challenge Stradale | Gooding & Company
Here's the funny thing: I wrote an article for the Ferrari Market Letter in 2004 about how Stradales were special cars and would someday command a premium at the auctions. Nobody agreed with me.
So both of these were Canadian cars. Wonder if the prices would have been differet if they were originally US cars.