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430 19K mile '05 coupe w / manual tranny conversion?

Discussion in '360/430' started by centerpunch, Dec 19, 2019.

  1. mchas

    mchas F1 Veteran
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    Oct 5, 2004
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    For what it’s worth, there are pictures in the listing of the invoices for doing the swap and they add up to almost $30k.
     
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  3. Jason Crandall

    Jason Crandall F1 Veteran

    Mar 25, 2004
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    Low mile Superamerica are asking less than $250k. CGTs are in the half million range. F40.

    Nobody will be buying a $500k 599 unless it’s made of gold. It’s not going to sell for $400k either.
     
  4. centerpunch

    centerpunch Karting

    Oct 23, 2008
    50
    OH / NC
    I think you might be a little out of sync on the current CGT market, and I don't think there are any $500K F40's either......
     
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  5. Jason Crandall

    Jason Crandall F1 Veteran

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    Once again...... asking prices and getting prices are not the same thing.

    You believe someone is going to spend $500k on 599 franken car? Name some cars you’d like to own for $500k
     
  6. Themaven

    Themaven F1 Rookie
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    Centerpunch provided actual data, rather than an opinion, on the difference between gated and F1 430s which showed an 05 gated car with 8500 miles sold for more than double the price of a F1 06 car with 10,000 miles, around the same time, in the same marketplace.

    This is the only actual data point (rather than opinion) on selling prices in this thread, and while it’s just one data point, it indicates that a gated car currently has a 100% premium over a F1 car. Not 40% or anything else. Just saying.
     
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  8. Themaven

    Themaven F1 Rookie
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  9. MotorMouth

    MotorMouth Formula Junior
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    I haven’t seen a conversion before. I could see doing this becoming hugely popular some day. Eventually the aftermarket could offer a complete manual trans better than the original. Maybe they already do
     
  10. Jason Crandall

    Jason Crandall F1 Veteran

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  11. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
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    It will be interesting to see if this car brings more than the cost of a donor car plus conversion. So far, it does look like there is demand for such a car. I own an '05 3 pedal coupe since new, so I like to watch the market out of curiosity. I check cars.com every once in a while, and I never see more than a few examples for sale. It appears that those who own them aren't anxious to sell them even when the premium is 2X. I'm sure there is a price I'd let mine go but I don't know what it is. It's been a terrific car and I don't know what I would replace it with if I did sell it.

    Dave
     
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  13. one4torque

    one4torque Formula 3

    May 20, 2018
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    It’s funny to see the foamy mouths from gated swap f car.... man swap any other marque and fans go crazy w applause.

    makes this hobby fun!
     
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  14. Themaven

    Themaven F1 Rookie
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    That’s true. The quote I quoted from another esteemed poster was

    “Seriously..... think of all the cars in the world one could buy for half a million$$$. You think someones gonna spend that on a 599?”

    There was no mention in that quote of a conversion. The conversation here has been both about conversions and factory cars.
     
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  15. Themaven

    Themaven F1 Rookie
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    Yes also my thoughts about my 3 pedal 430 spider. There’s just nothing else out there to move on to, with the same attributes.
     
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  16. Jason Crandall

    Jason Crandall F1 Veteran

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    #88 Jason Crandall, Dec 23, 2019
    Last edited: Dec 23, 2019
    If you were reading the thread you’d see that my comment stemmed from someone selling a “conversion”.... not a factory car.

    Asking prices mean nothing. This concept has also already been covered in this thread..... if you were reading it.
     
  17. one4torque

    one4torque Formula 3

    May 20, 2018
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    Will be interesting to see how this does with an auction over christmas......

    $81K 3+ days to go..... GLWS, and GLWBids.

    normal BAT peanut gallery in play :)
     
  18. HH11

    HH11 F1 Rookie
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    -I think the car should at least be worth the base car plus the added expense for the conversion...maybe more since you can hop in it right now.

    -This type of conversion isn't a hack job at all. If all factory parts were used it's mechanically no different than a one from Maranello.

    -I surely would pay more for a car like this than a similar spec F1.

    -The F430 isn't going to be a collectible anytime soon. Just too many produced. Still a wonderful car, but appreciation is a pipe dream.

    -Someone will buy this car for a serious discount off a factory manual and have all the fun in the world.
     
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  19. one4torque

    one4torque Formula 3

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    Hope it ends up in a track somewhere vs garage candy
     
  20. KC360 FL

    KC360 FL Formula 3
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    There are outliers in every poll, every auction, and every market.

    https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?zip=32907&showNegotiable=true&sourceContext=forSaleTab_true_0&distance=50000&entitySelectingHelper.selectedEntity=d443#listing=204789662
    Has been listed for 617 days. Starting price was $169K Now at $159K

    https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?zip=32907&showNegotiable=true&sourceContext=forSaleTab_true_0&distance=50000&entitySelectingHelper.selectedEntity=d443#listing=243979687
    Has been listed for 187 days. Starting price was $192.5K Now at $169K
     
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  21. JaguarXJ6

    JaguarXJ6 F1 Veteran

    Feb 12, 2003
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    Actually, F430 6spd prices with mileage close to 20k are in the 150-160k asking range and still listed after a full month or longer. Cars that are priced to sell will sell the same week. Like what you see in a good real estate market where supply is low.

    I didn't bother keeping a spreadsheet of prospects but could build one with the 5 months of searching before I found my F1 two weeks ago. When I say searching I mean spending many hours a week scouring cars for sale and looking at specs and photos, pulling free carfax info where available and VIN sleuthing.

    There was an F430 Grigio Nurburgring but wrapped a different color listed on here for 170-180k and sold after a short wait. I remember another Rossa Corsa car selling for around the same price. Outside F-Chat the market is SOFT compared to just a few years ago.

    Perhaps Ferrari got it right with their forecast, produce enough for the enthusiasts, upsell the F1 to a bulk of buyers.

    Yes, I wanted a three pedal car but my knee the way it is and planning for the future, I went the F1 route.
     
  22. catdog

    catdog Karting

    Aug 18, 2010
    147
    The market has spoken...
    Sold for $135k before the bringatrailer commission...
     
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  23. ChipG

    ChipG Formula 3

    May 26, 2011
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    I'll be very surprised if the deal closes.
     
  24. one4torque

    one4torque Formula 3

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    Nice for buyer and seller. Bravo a merry Christmas boys!
     
  25. one4torque

    one4torque Formula 3

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    I’m reminded of a mr wonderful podcast.. was talking about market disrupters and the naysayers.. he said it will be a path full of naysayers and negativity.., he said just stay focused on the prize and tune out the noise.

    noise comes from many sources ... individuals, institutions forums mfr’s competitors... but oh does the free market work. Bravo
     
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  26. Nachtfalter

    Nachtfalter Formula Junior

    Feb 28, 2012
    442
    So-Cal
    40k dollar premium for a converted stick? Seems a bit much but at least the guy doesn’t need to wait for the car. The conversion is pretty straight forward, I’m sure we will be seeing lots of them.


    Sent from my iPhone using FerrariChat.com mobile app
     
  27. vipertoad

    vipertoad Rookie

    Feb 25, 2019
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    Wow looks like I'm getting into the conversion business! :D
     
  28. one4torque

    one4torque Formula 3

    May 20, 2018
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    Need an on-line store with swap kits: hardware, tune, ready to ship.

    Welcome to the 'Gated Community'.... it is a special club :)
     

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