Argento Nürburgring 360 CS Available... A great client of mine has entrusted me with selling his Argento Nürburgring example with factory stripe, which he has owned since 2005. Low-mileage and all-original, immaculate collector-quality car. This one belongs with a connoisseur! I wanted to mention it here amongst serious enthusiasts rather than going the typical public marketing route. Please reach out for more information, if serious about a potential purchase: [email protected] Image Unavailable, Please Login
This one is up for no reserve auction at BJ: 138536 / Blu Le Mans / grey-navy alcantara / no stripe / accident history / CNC Exotics / $199360 / 9885 miles https://www.barrett-jackson.com/Events/Event/Details/2004-FERRARI-360-CHALLENGE-STRADALE-COUPE-228774
Went for $165k with the vig (so must have hammered for $150k). So, after paying for the $30,000 recent service and another $12,000 in seller vig, the seller likely netted $108k? https://www.barrett-jackson.com/Events/Event/Details/2004-FERRARI-360-CHALLENGE-STRADALE-COUPE-228774
No, I have no reason to believe they made a large error like that in the listing. It’s online, it would and should have been corrected if it were an error. [It’s not inconceivable to have a $30k service on a car (I spent over $24,000 one year on my CS and it was always up to date on service).]
Wow. What a stunning car. Arse fell out of CS market? Loads sitting in Europe at reasonable price....
Based on my knowledge of the CS market in the USA, I do not think this car sale price reflects much (if any) change. $165k for a car that has a "story" isn't surprising at all. There haven't been "loads" of CS's for sale in the USA since 2011 (Stokpro has all the history). Inventory has ebbed and flowed a bit, but the sales glut from 2009 to 2011 hasn't been rivaled since to my knowledge (maybe in 2016/2017 after the peak, as owners rushed to sell their cars near the high price levels). The market for CS's changed nearly 3 years ago. It peaked back in late 2015/early 2016 after a strong run from 2011 to 2015. Its been down since then. There were a very few "collection quality" cars that sold for mid twos to low threes during the top. "Driver quality" cars have been a hard sell for a long while, and have transacted from $150k range (with higher miles) to low $200k's. Some owners (me included) tried to sell their driver quality car at a "reasonable" discount to the collector car prices back in 2016-2017 without any luck. In the end my ask wasn't reasonable and I had to lower it to where a buyer was interested. My car wasn't alone in that. Mileage is king on collector cars like the CS. So, sub 5000 mile cars always have a market (albeit limited since most collectors already snagged one). Driver cars are a tough sell period. My guess is because at near $200k range, there are many other cars to consider (scud, 458, Macca's, Porsche GT cars, etc, etc) for folks that want a car to "drive" and not solely to have a CS as part of their long-term collection. There are still the occasional buyer for a CS at that $200k range, but not many.
Yep I saw the history after my post....regardless, I do believe a price correction is coming. Cash will be king soon. CS is in range of 458 now, most will flock to the 458. Me I'll be looking at the CS direction . Wonderful cars. Some of the best to come out of Marenello.
A regular 458 and a CS are two different products in my opinion. New collectors are coming of age everyday and will want a CS in the future. To say all the collectors already snagged a low mile CS is something I can’t agree with. There are also less anal collectors / enthusiasts that will be thrillled to have a CS with more than 5k miles going forward. With approx 300 CS in the USA, I highly doubt there will be a glut vs. demand.
Also, the number of 200k collector cars that haul so much ass and don’t have a ton of electronics is very limited.
Collectors yes, but 1st time buyers? IMO most are ''newer is better' crowd when they're forced to make a decision.
The 2nd F car I bought after a 308 was a CS. People start out with the cars from their high school days and graduate to others from there. Many people out there aren’t about the new stuff. As the new stuff gets more dumbed down with regulations and electronics, these early 2000s cars will be viewed as the pinnacle of what a sports car should be. Like how I’d rather have my old 997S back versus a overly digital 991. I also bought a Dino over a 488 because it’s a classic. I’ll get a 458 someday, but it will probably be when there is some nostalgia for what the 458 was.
Interesting car...they took the after-market wing off (thankfully), but seem to have left the front splitter on? And is it just a reflection that shows "red" on the mirrors? (I'm guessing so, but curious what you guys see). I love those seats...I wonder if they came from the factory like that? (never seen that leather pattern/colors before). Anyways; - Resale red (Rosso Scuderia) - Factory stripe - Sub 8k miles $220k asking price. Interesting small world comment; the first CS I tried to buy (from the Maser store in Sacto) was taken to Salerno for a PPI. I'll never forget when Tony (iirc) calls me after only an hour and says "so, you do know this car was wrecked and repaired, right"? Me; "ummm...no, the dealer failed to mention that". Bailed on that CS (turns out it was discussed here, but I hadn't seen it). That was a valuable PPI.
Yes, those are factory seats and leather. Isn't that the CS (the one with wing and splitter) that belonged to Fernando Alonso's uncle Juan? I remember that CS that was at Maser of Sacramento. Caveat emptor. Here's another CS just listed. 3.8k miles, factory stripe, launch spec. $275k. Image Unavailable, Please Login Image Unavailable, Please Login
Flock to the 458? Why? There are loads of them on eBay. As for the "collector car market"..... Like Arizona said..... there are too many "collectible cars". My buddy just bought a low mile GT3RS for $150K. I remember a couple years ago those things were untouchable. If there is a "correction" it's simply because these luxury car companies capitalized on the good economy and built more "collectible special editions than there was demand for. Now everybody already has one.
Thanks. I guess this car is listed on Autotrader or not? Can anyone please post a direct link to the advert or dealership? Autotrader is unavailable for me here in Holland. I’ve tried with US proxies but I can’t visit the site anymore since a couple of weeks.
I looked for you, but can't find an actual dealer site. I *think* the seller is only using public auto trader like sites...
Most first timers want as new as possible. Warranty available, much newer, better gearbox...I'm not mocking the CS, far from it. So long you're not in the CS for monetary gain, why complain it becomes cheaper? If anything will make you think less (even subconsciously) about it's value when putting loads of miles on. I'm not saying just CS market is getting a correction. Entire market will.
That actually is what you said to which I replied...... "the whole collectible car market is getting softer". It's just supply and demand. I'm actually not seeing a dip in CS values. A wrecked CS just sold for $160K. I bought mine for $120K in 2010 and it wasn't wrecked. I now have 20K miles on it. I have no reason to sell it. I'm trying to add a convertible Ferrari.