16M DISCUSSION THREAD | Page 12 | FerrariChat

16M DISCUSSION THREAD

Discussion in '360/430' started by plastique999, Apr 6, 2012.

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  1. galt

    galt Formula 3
    Owner

    Jun 19, 2005
    1,141
    Part of the reason for this is, in my understanding, there are very few right hand drive 16Ms. Here is a RHD Nero car with 7K milese for 350K GBP/547K USD. This seems in line with the post above as well as recent cars for sale in the UK:

    http://www.pistonheads.com/classifieds/used-cars/ferrari/16m

    Personally, I don't think MSRP or even 50% more is a high price to pay for a limited addition Ferrari like the 16M. We are seeing that (and more) with the 599 GTO and some say with the Speciale Aperta (although not close to that market).
     
  2. Russell996

    Russell996 Formula 3

    Sep 24, 2010
    2,263
    New Forest UK
    Full Name:
    Russell
    The US seems to run about 12-18 months behind the UK on upwards price movements for the limited V8's.
     
  3. Mn-0127

    Mn-0127 Formula Junior

    Nov 14, 2013
    273
    +1 on stokpro, he helped me acquire my CS right before the price increase. i would get Cs and keep 16m, i have both, and it is such a joy to drive and own both. however, gun to my head, id probably keep the 16m.
     
  4. Mn-0127

    Mn-0127 Formula Junior

    Nov 14, 2013
    273
    +1
     
  5. jehu999

    jehu999 Formula Junior

    Dec 2, 2011
    670
    Coastal Central Fl
    Full Name:
    James
    Thanks to all for your replies to my inquiry about the 16M vs the CS. The deal fell though as the dealer wanted full price for the 16M but was way off on the value of the CS. Your input has made me want a 16M even more. Guess I'll try to sell the CS privately and then look for the right 16M. Hopefully the 16M prices will be stable, if they go up much more I'm out.
     
  6. galt

    galt Formula 3
    Owner

    Jun 19, 2005
    1,141
    Just got some info about a realized sale price. A Nero car with about 3K miles just sold for 359K USD. Not sure what the MSRP on the car was but sounds like it was a touch over original MSRP which IMHO does not seem so high compared to other similarly limited Ferrari cars.
     
  7. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    Any 16M updates? Since the Nero car sold from newport beach, I have not seen any really nice low mileage cars on the market. There were two at CNC, but now only one with 35K miles and wrapped to change color to red from blue. Supply appears to have dried up even with prices moving over 350K.
     
  8. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,841
    SoCal
    Full Name:
    Edward
  9. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,841
    SoCal
    Full Name:
    Edward

    35k miles - that's driven!


    Sent from my 16M
     
  10. Stryker1808

    Stryker1808 Rookie

    Jul 10, 2015
    40
    Hi, has anyone experienced fuel pump / potential fire hazard issues with their 16Ms?

    The 360/430s have that vulnerability so obviously keen to prevent that.

    Any suggestions on what to replace, how to detect, avoid, etc?
     
  11. Chuizer

    Chuizer Rookie

    Jun 29, 2013
    9
  12. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,805
    Pittsburgh, PA
    The only issue I'm aware of on the F430 was a recall for hydraulic hoses in the convertibles that could lead to hydraulic fluid leaking, which is flammable, and causing a fire. That recall affected F430 spider from 2005-2007; the 16m came out in early 2009.

    360 recall issues should not be relevant.
     
  13. amerifrikaner

    amerifrikaner Karting

    Nov 19, 2014
    93
    USA
    No issues with my 16M.

     
  14. Stryker1808

    Stryker1808 Rookie

    Jul 10, 2015
    40
  15. 550marcelo

    550marcelo Karting

    Aug 6, 2006
    118
    Nyc
    Full Name:
    MARCELO

    Are you still looking for a 16m? I know one . Black/black, yellow caliper and stich . 3,000 miles, italian flag, service 2 months ago, full xpell in whole car
     
  16. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,841
    SoCal
    Full Name:
    Edward
  17. rmarchjr

    rmarchjr Formula Junior

    May 21, 2012
    586
    North east, USA
    Stryker- the plastic caps on top of the fuel pump assembly will crack eventual due to heat, age, and fatigue. Just be aware of any excess fuel smells and check them on occasion. Replace if cracked or leaking. Not something to worry about.
     
  18. RAKLAW

    RAKLAW Formula Junior

    Mar 22, 2009
    407
    Westchester,NY & Sarasota FL
    Full Name:
    RAK
    The Driving Emotion 16M now listed on Miller Motorcars site with a bit more mileage.
    Dealer flips on this car.
     
  19. galt

    galt Formula 3
    Owner

    Jun 19, 2005
    1,141
    #296 galt, Nov 22, 2015
    Last edited: Nov 22, 2015
    Here is some pricing info mentioned in other threads by me and SethW:

    SethW sells his 2,440 mile 16m car for 375K
    http://www.ferrarichat.com/forum/144320888-post1541.html

    Spoke to someone at Ferrari of Fort Lauderdale about a different car but asked if they were getting healthy interest in their 4.3k mile Rosso Scuderia 16M listed at 449K. He told me it just sold at 439K. Unfortunately the car I was asking him about also just sold... Here is a link below..

    Rosso Scuderia 16M
    http://www.ferrarifl.com/used-invent...make=FERRARI&&
     
  20. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,841
    SoCal
    Full Name:
    Edward
    Other than the 35k mile 16M, seems most are asking above $350k.


    Sent from my 16M
     
  21. cobrafiring

    cobrafiring Karting

    Nov 17, 2014
    50
    The red 16m fell off this site: Ferrari of Fort Lauderdale | Vehicles for sale in Fort Lauderdale, FL 33308

    It was listed at $499k originally. Anyone know what happened. Looks like they picked up a higher mileage black 16m.

    Also Cargurus seems to have dropped a few units from their listings.

    Used Ferrari 430 Scuderia For Sale - CarGurus

    Wonders about the other 16M owners and supply and demand. Personally I own a 16M and a 458 speciale and just love them. Have no reason to sell financially and just enjoy the cars.
     
  22. Mn-0127

    Mn-0127 Formula Junior

    Nov 14, 2013
    273
    Had 16m and speciale as well. Decided to let the 16m go to another member here and acquired a low Mile 599 GtO instead. Missing it already. Will be watching this market closely should I feel the need to jump back into one. It was an amazing car
     

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