How Much You Guys Think? | Page 6 | FerrariChat

How Much You Guys Think?

Discussion in '360/430' started by Drestless, Dec 13, 2017.

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  1. ///Art

    ///Art Karting
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    Oct 15, 2014
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    #126 ///Art, Dec 19, 2017
    Last edited: Dec 19, 2017
    My labor is included in the figure. Obviously my profit is my labor. All of the numbers I have disclosed are retail numbers. You are wise in your thoughts. So if you now take your numbers you will come to a conclusion on what I am about to sell the car for. ;)
     
  2. LorenzoR

    LorenzoR F1 Rookie
    Rossa Subscribed

    #127 LorenzoR, Dec 19, 2017
    Last edited: Dec 19, 2017
    Many of you may remember that i converted my f430 last march. Its a documented car with 15k miles on it, new headers and low number of owners. Im not sure whats its worth and i dont care. I converted it and a week later i drove it from florida to pittsburgh, drove it all summer then drove it back to florida. Ive considered selling it but theres no way id do that unless i was ready to convert another for myself, thats how much i love driving it. A few months ago I went to San Antonio and back and with more phone calls I helped Art convert his car and we will be converting another one in the future. Its a stand up good car as you seen on the video. It hauls ass. These cars are a piece of cake to convert, easier than you think. Its The unknown that makes people say things.
     
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  3. rennspeed

    rennspeed Formula Junior
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    Oct 4, 2007
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    Rennspeed
    The issue I have with this whole thing is the guy NEVER disclosed that this was a converted F1. It was clear that he was trying to get the current market premium given to a gated manual and as he clearly found out this premium disappears when it is a conversion.
     
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  4. ///Art

    ///Art Karting
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    Oct 15, 2014
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    Its a 6 speed. Doesn't matter if Luigi did it or I did it. Came from the factory as one. Did we try to get premium??? Doesn't matter, if I took a 6 speed gated and converted it to F1 would it be worthless? NO, it would be worth exactly what an F1 is worth. its not what you think, or I think. its what the market will demand. Eventually there will be no gated manuals. If I were the only one with one converted or not. the Supply and demand would/will drive the price. Not your opinion. Like a TV with an A or B setting. Thats what this is. Factory Manual, Factory Parts, say what you want I really do NOT care. The car does not need to sell, its the gratification that I can complete this, and Lorenzo has done it. The fact that it can be done and done with factory parts and meet the specifications. Id put another 150K miles on it and drive it till its death SATISFIED and get pennies for it. DOES matter, why??? Cause i can do 10 More tomorrow...

    Did you tell your wife you had 3 Pimples on your A** when you met her?? or a Tattoo of Elvis the size of your butt cheek? Did you tell her you barrowed money from your father and have a 710 credit score? No... You didn't. Don't sit here and tell me otherwise.

    Car is officially sold as of 9:30 PM $123,000 permission granted by owner. There is your market for a converted 6 speed gated 2006 manual F430 with 52,207 miles.
     
  5. ///David

    ///David Rookie
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    Nov 4, 2017
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    David Bartosik
    Sold for $123,000.00
     
  6. Drestless

    Drestless Formula 3

    Oct 1, 2014
    1,251
    Riverside, CA
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    Jam
    #131 Drestless, Dec 19, 2017
    Last edited: Dec 19, 2017
    How would we know if it was really sold for $123k when the conversion wasn’t disclosed initially? If you catch my drift. :cool:

    I mean these could be an exhagerrated figure for all we know. Of course, the buyer is ok to disclose a number higher than what he / she paid for due to it will only help the value of the car if it becomes for sale again in the near future. Please don’t take offense.

    It’s just the fact the the conversion wasn’t disclosed initially here and in BaT resulted in distrust to past and current statements regarding this car.

    If it is indeed sold for that price, great! We are glad to hear; however, most folks who witnessed the attempt to not disclose the conversion will take every statements made regarding this 430 with a grain of salt. I don’t care if it’s converted or not. Just voicing out my observation regarding where the gripe started to some folks here.

    In any case, it’s still a huge accomplishment to be able to successfuly convert a 430 F1. I heard all the pain and agony from those who tried in the past. Kudos for this side of the story. :cool:
     
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  7. rennspeed

    rennspeed Formula Junior
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    Of course, it sold for $123K, yeah sure you did and I'm sure you have a bridge you also sold pending funds transferred.
     
  8. rennspeed

    rennspeed Formula Junior
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    Oct 4, 2007
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    This line of reasoning does not even make sense. Sounds like you are stating that it is ok to not tell the truth when you are trying to cover up something. Looks like you have some issues with honesty - I wonder what that 2-year warranty looks like in writing.
     
  9. ///Art

    ///Art Karting
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    Oct 15, 2014
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    It does make sense and it doesn't matter anymore. Your opinion doesnt pay my bills and im not going to sit here and discuss it. There is a market for this and a lot of interest. We will see where all this goes.
     
  10. rennspeed

    rennspeed Formula Junior
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    Oct 4, 2007
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    Rennspeed
    Posting VIN: ZFFEW58A260145355 to make sure folks know that this is not a factory gated car. I'm sure we will see the car listed again very shortly perhaps without the stripe and no mention of the conversion.
     
  11. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ
    Owner Silver Subscribed

    Nov 29, 2009
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    That is a good number! Well done!
     
  12. ///Art

    ///Art Karting
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    Oct 15, 2014
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    Thanks Kevin.
     
  13. Themaven

    Themaven F1 Rookie

    Nov 2, 2014
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    Of course you should make it clear in a for sale ad if the gated Ferrari you are selling left the factory as a paddleshift. That's not even a debate.

    It sounds like a good conversion, well sold, and what the market values it as is not relevant to the above. The analogy isn't not telling your wife you have a tattoo on your behind, it's not telling your wife you were born a girl.
     
  14. Drestless

    Drestless Formula 3

    Oct 1, 2014
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    Jam
    Ok, hands down. This is the most hilarious response in this thread.
     
  15. ///Art

    ///Art Karting
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    Oct 15, 2014
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    Not really buddy, the car wasn't born a female (Automatic transmission with a torque converter) the car was born a male. A manual (manual trabsmission with a clutch) and still is a manual. With less than 7% of the parts replaced. No one would say a word if the opposite was done, taking a gated factory assembled car and swapping it to F1. It wpuld still be worth that of an F1 car. Why? Because of supply and demand. I can easy go to my electrical box and run 120 or 220. Why? Because it's built for the same purpose. The f430 is built with a manual gearbox, if I get tired of manually shifting because my foot is tired, I can easily go back to flappy paddles and have a pump press the clutch for me. The hysteria comes only from those that do not understand. Everyone that has contacted me since this whole ordeal and has mechanical knowledge wouldn't think twice. If a swapped f430 was the only remaining 3 pedal available, the pricing would be through the roof. If I decided to go out a d do 30 swaps tmrw, even disclosed, it would bring the pricing back on que with the "AUTOMATED" Manual (F1).
     
  16. 360+Volt=Prius

    360+Volt=Prius Formula 3
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    Sep 1, 2013
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    //art the flaw in your argument is you are thinking like Mr. Spock. To logical.

    Unfortunately the buyers will not be people looking at the mechanical similarities. I think ferrari buyers wont give a hoot. I suspect that most will be weary of paying a premium for a car that may not hold value. Also fact or not they will be leery of some repair related to the conversion.

    If you don’t believe me, why all the fuss from this group of ferrari enthusiasts? This is the test bed for reception. You can also argue that you may be getting a skewed response from those most passionate:

    - Owners of MT cars who feel threatened. It’s like making gold from lead. What will happen to the value of gold? (No meant to be an insult)

    - Owners of F1 cars may feel this will further weaken the value of their cars. Just raw material for a conversion. Also many do enjoy and defend the F1 system’s value.

    I personally believe the system may actually be great someone who has a big ticket F1 expense. Let’s say 20k+ to get back to a functioning F1 system, or 35k to convert to a simpler system and maybe increase resale in the process. That may indeed be a selling point.


    Sent from my iPhone using Tapatalk
     
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  17. 360+Volt=Prius

    360+Volt=Prius Formula 3
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    Sep 1, 2013
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    Agreed, I’m still smiling!


    Sent from my iPhone using Tapatalk
     
  18. Drestless

    Drestless Formula 3

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    #143 Drestless, Dec 20, 2017
    Last edited: Dec 20, 2017
    I concur. Mentioned this several times as well.

    To the shop, the better market is not post conversion but PRE-conversion. F1 owners who went through nightmares and F1 owners who have a high ticket repair on their lap and don't want to deal with F1 failures anymore THAT knows how to drive stick (of course). THIS is your immediate market.

    The post conversion market is not too profitable yet (unless deception will be involved - conversion not disclosed). Maybe, just maybe when the time comes when all the remaining gated 360 and 430 are all tucked in the garage of collectors or museums but that's too far in the future ATM. That's when post-conversion sale will be REALLY profitable IMHO.
     
  19. LorenzoOO

    LorenzoOO Formula Junior

    Sep 21, 2017
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    Italia, US NE
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    Lorenzo LaMattina
    I’d take a properly converted gated 430 over an F1 anytime, even for a premium.
    The tranny is not changed, the gate and clutch replaces the robot parts.
     
  20. LorenzoOO

    LorenzoOO Formula Junior

    Sep 21, 2017
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    Lorenzo LaMattina
    *clutch pedal that is
     
  21. ar4me

    ar4me F1 Rookie
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    Apr 4, 2010
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    Jes
    I think it is great that converted cars can put people, who could otherwise not afford it, in 3-pedal 430s - that is awesome! But weather one prefers a 3-pedal car over an F1 is a purely personal preference - there is no right or wrong. Each to his own, and enjoy what you enjoy!
     
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  22. ///Art

    ///Art Karting
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    Oct 15, 2014
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    Agreed, esp if you can get one for 75-80K and in just over 110K all done.
     
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  23. Drestless

    Drestless Formula 3

    Oct 1, 2014
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    Jam
    Are you WOFERRARI?

    I know WOFERRARI’s name is Lorenzo. Might be a coincidence, just a weird timing. :)
     
  24. LorenzoR

    LorenzoR F1 Rookie
    Rossa Subscribed

    Nope not me, thats a coincidence
     
  25. INTMD8

    INTMD8 F1 Veteran
    Owner Silver Subscribed

    Jun 10, 2007
    6,815
    Lake Villa IL
    I have no problems at all with doing this, and would myself if I wanted a gated 430.

    So I agree that functionally the end result of a driving car is the same.

    Would also say there's no one that is going to pay the same amount for a converted car as one that was delivered from Ferrari with a clutch pedal and gated shifter all other aspects being equal.
     
    I'm 360 Canuck likes this.

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