456 price trends | Page 27 | FerrariChat

456 price trends

Discussion in '456/550/575' started by ross, Jan 26, 2020.

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  1. pchop

    pchop F1 Rookie
    Rossa Subscribed

    Jun 12, 2002
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    Usually NY often elsewhere.
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    John
    this one is yours! you can always make more money…but can you make more time?
     
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  2. Mirek

    Mirek Formula 3
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    Oct 20, 2019
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    Mirek
    If it stays this low I like it. I have more in maintenance.
     
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  3. yudkib

    yudkib Formula Junior

    Jan 14, 2020
    366
    I was coming into it at 80 max if he allowed inspection after the sale and 77 if he didn't (he declined in a private email). I think I will regret passing this one, but I've been up absurdly early for travel a few times in the last couple weeks. I had bids typed in all the way until the clock hit zero.
     
    vraa likes this.
  4. Aerosurfer

    Aerosurfer Formula 3
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    Nov 21, 2020
    1,836
    Indianapolis
    Full Name:
    Nick
    Its only money... just print more
     
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  5. pchop

    pchop F1 Rookie
    Rossa Subscribed

    Jun 12, 2002
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    That's a lot of foreplay and no penetration...SMH. You've been talking about getting a 456 for so long and this one checks all the boxes. Are you serious with the $3K difference?! C'mon pal...talk less and put your money where you mouth is and let's get to the "penetration". ;)
     
  6. yudkib

    yudkib Formula Junior

    Jan 14, 2020
    366
    Ha. I rarely get cold feet (I’m a construction sales closer) but I’ve been traveling too much to enjoy even my humble RX8. I am certain I will regret this, it’s just a question of how long it will take (and will last). I just had no mental fight in me today, especially when there were 4 people left and it still took the full clock for another minimum bid.

    Just want to finish chopping up this tree and playing 18 tomorrow after a very long break between rounds. Still a very good life.
     
  7. DrDweeb

    DrDweeb Karting

    Nov 30, 2013
    165
  8. yudkib

    yudkib Formula Junior

    Jan 14, 2020
    366
    That car has been getting shopped around on and off for probably a year and a half now. Apparently they’re calling it a TMU but it has at least 190,000 miles on it and zero records. I was interested if a PPI could be facilitated, but the consigner seemed to have no interest in that. I think it sold earlier this year after an auction in Port Charlotte. Never good to see it back on the market so quickly.
     
  9. Jaredsalinsky

    Jaredsalinsky Formula Junior

    Feb 8, 2023
    667
    tampa FL
    Full Name:
    Jared salinsky
    Yes it’s sold this past April in West Palm Beach for a little over $60,000. Odd 25% market loss just a little over six months. Very weird.
     
  10. yudkib

    yudkib Formula Junior

    Jan 14, 2020
    366
    I don’t think it sold for $60k, my impression in talking with a friend of the estate was it was low 50’s. The 60 may include premium.
     
  11. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,077
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    Looks like she has the dreaded Chinese "modulars".
     
  12. pchop

    pchop F1 Rookie
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    What does "Chinese modulars" mean?
     
  13. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
    13,892
    MO
    Full Name:
    Omar
    #663 Auraraptor, Dec 16, 2023
    Last edited: Dec 16, 2023
    About 10 - 15 years ago, there was a company that would sell fake modular wheels sourced from China. They named the company “modular” but in the details state that they were heavy, cast single-piece construction. That was just the most popular source but eventually others would also bring the same cheap clones over from the far east.

    The quality was suspect, and as far as I’m aware, they lacked any formal testing or durability marks/stamps (JWL/TUV/etc). While they worked as a short term, cheap solution, you essentially were playing with fire…

    Today they are mostly a marker of someone who is cutting corners to save a buck for the sake of aesthetics. They are generally considered a red flag at sales because it tells you the kind of owner you were dealing with…

    Personally would avoid…much better options even aftermarket used if looking to save some money
     
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  14. Aerosurfer

    Aerosurfer Formula 3
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    Nov 21, 2020
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  15. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
    13,892
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    Wow that radio install isn’t easy on a GT as my understanding is there is not enough space to accommodate a standard / 1 DIN deep headunit. I wonder how they made it work (and how reversible the required changes are). There is an old trick using a ribbon cable from a vintage PC to essentially have a functional face plate disconnected from the main body. Hmm…anyway an interesting technical feat, and respect the effort although honestly I’m afraid it likely ends up turning away some buyers.
     
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  16. Jaredsalinsky

    Jaredsalinsky Formula Junior

    Feb 8, 2023
    667
    tampa FL
    Full Name:
    Jared salinsky
    So I have intimate first hand knowledge of the 456GT radio-space issues and options having just redone the entire thing on mine. I zoomed in and this pioneer is DEH 80PRS. (Regular large single din with detachable faceplate). This car may have had the ‘ribbon cable’ thing done (which is what mine had that I removed for newer more modern tech). BUT the ribbon would be obscenely long to get to the head unit in the trunk, unless the head unit is hidden somewhere closer like under a seat, or maybe even between the rear seats under those obnoxious woofers. In my case it was in the glove box! Which at some point may have been cool, but I preferred the space of the glove box. In this car’s case the head unit is obviously not in the glovebox. I’m guessing the amps are under the woofers, or in trunk where the original head unit and disc changer were. Lotsa power…and likely parasitic draw….
    Past pics from mine for your viewing pleasure. It really was quite well-done…
    Image Unavailable, Please Login Image Unavailable, Please Login
     
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  17. DrDweeb

    DrDweeb Karting

    Nov 30, 2013
    165
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  18. Mirek

    Mirek Formula 3
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    That car will do very very well.
     
  19. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    Dec 21, 2005
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    Eric
    I didn’t watch or dive into the ex-boyd car that ended today….that seemed like a reasonable result?
     
  20. Mirek

    Mirek Formula 3
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    I think so. It’s an older car and who knows what was going on with the electrical system to accommodate the audio. Plus it would be hard to put back to a stock “appearance” if one so desired.
    Cool car though. Great shape for its age.
     
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  21. EnzoItaly

    EnzoItaly Formula Junior

    Sep 29, 2016
    266
    Indeed: 130 456 dollar
     
  22. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
    13,892
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    Omar
    $130,456…l love it
     
  23. DrDweeb

    DrDweeb Karting

    Nov 30, 2013
    165
    Yes, some of us have this somewhat unique bidding technique :D

    Nice, super low mileage car. Great car to leave registered in CH and just pick it up every time one is in Europe, tour around and then deposit again at the end of the trip. I have a friend who does exactly this every year.
     
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  24. yudkib

    yudkib Formula Junior

    Jan 14, 2020
    366
    Fairly priced. The dealer who had it in Santa Barbara was asking anywhere between $85-95k after the C&B auction went RNM. Ironically they were down to 75 right before it went to BAT.

    Red car seems fairly priced. There was an import on here like 2 years ago that was already stateside that I think was $110k or $120k with under 30kkm.

    Hope you are all having a good holidays. I’m enjoying watching but have decided I’m not in the market for the time being. Having too much fun doing other stuff.
     
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  25. askopp

    askopp Rookie

    Feb 19, 2024
    4
    Severna Park, Maryland
    Full Name:
    Andrew Skopp
    Friends,

    I'm new to the chat, mainly a Porsche, Aston Martin, and BMW guy, but I've now become interested in a 456, which I've lusted after since they first were introduced. Notably, one that was on BAT (and heavily commented on) has caught my eye. Yes, it's the green one that failed to hit reserve at $77k (exclusive of fees) and that looked unfortunately well worn beyond its mileage. See https://bringatrailer.com/listing/1995-ferrari-456-gt-28/

    Perhaps not surprisingly, it's still owned by the same doctor, and still for sale at the same dealership, and appears to have the same warts and blemishes and general lack of care it did a year ago. The asking price has come down now from an absolutely unrealistic $115k to $85k. I'm going to have a PPI done on it this week.

    I'm not at all afraid of getting my hands dirty and doing a lot of the needed restoration work myself (save for possibly some engine repairs if it needed them). Assuming it's reasonably mechanically sound, I'd budget $10-15k in parts (and my own labor) to get it back to where it should have been for a nice BAT listing. (I'm not looking to flip it, but use that as simply as a baseline.)

    My questions are, should I even consider it say at $80k? Or should I just wait for the next one that at least has a better ownership maintenance history? Where would you value this car today as is? Where would you value this car today if the obvious items were addressed?

    Thanks for your thoughts, Andrew
     

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