2005 F 430 SPIDER MANHEIM MMR PRICE | FerrariChat

2005 F 430 SPIDER MANHEIM MMR PRICE

Discussion in '360/430' started by MiamiBeats, Aug 31, 2009.

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  1. MiamiBeats

    MiamiBeats Rookie

    Aug 31, 2009
    7
    HI THERE......

    I AM TRYING TO GET THE
    2005 F 430 SPIDER

    MANHEIM MMR PRICE FOR THE PAST FEW MONTHS

    DOES ANYONE HAVE TO LATEST PREVIOUS SALES DATA

    THANK YOU !!!
     
  2. McRoswell

    McRoswell Formula Junior

    Jun 10, 2008
    335
    Roswell, GA
    Full Name:
    Chris McAuliffe
    2007 w/2k miles =$200k
     
  3. Prancing 12

    Prancing 12 F1 Rookie
    Silver Subscribed

    May 11, 2004
    2,757
    The long way home
    Are you insane? 2007s -

    05/29/08 MANHEIM Regular $260,000 206 Avg RED 8G 6 No
    06/12/08 MANHEIM Regular $261,000 907 Avg YELLOW 8G A No
    04/14/09 FAAO Lease $175,000 1,098 Avg RED 8G A No
    05/13/09 DENVER Regular $189,000 1,050 Avg Gray 8CY A No
    06/23/09 FAAO Lease $177,000 1,234 Avg RED 8G A No
    06/25/09 MANHEIM Regular $158,500 1,964 Avg SILVER 8G A No


    MiamiBeats, these are the 2005 results -

    07/23/09 ST PETE Regular $143,000 4,000 Avg Gray 8CY A No
    06/10/09 SWFL Regular $148,500 5,001 Avg RED 8G No
    03/19/09 NEVADA Regular $147,000 5,700 Avg BLACK 8G A No
    11/20/08 RIVRSIDE Regular $160,000 5,269 Avg BLACK 8G A No
    03/12/08 W PALM Regular $244,000 5,079 Avg BLACK 8G A No
    08/16/07 W PALM Regular $275,000 4,379 Avg Black 8G No


    Note the dates. Those are all results available.

    As has been said many times before, the cars at Manheim are not usually the best examples and have little relation to what a quality car is worth.
     
  4. MiamiBeats

    MiamiBeats Rookie

    Aug 31, 2009
    7
    Prancing 12,

    thank you very much.....

    so essentially today the 2005 F430 spider at the auction one would pay 140,000s

    But that seems high as on e bay and autotrader this is the same price 150s on avg.....?

    where is the dealer cost on a 2005 F430 spider?
     
  5. Prancing 12

    Prancing 12 F1 Rookie
    Silver Subscribed

    May 11, 2004
    2,757
    The long way home
    There are so many factors to consider when looking at the Manheim numbers for Ferraris...

    For the most part, Manheim is completely irrelevant to wholesale Ferrari pricing because the VAST majority of cars trade through other channels. Really, there are only two examples that are relevant to your search... this should tell you something.

    Ironically, I would bet that the Spiders listed here were bid and bought by retail buyers looking for a deal through a dealer friend that was 'hooking them up', which skews the numbers.

    I posted the numbers because you asked for them, but really, they have absolutely no bearing on pricing. Everyone wants to know Manheim numbers to use as leverage when negotiating with a seller, but if you're dealing with a reputable Ferrari ( or exotic) seller, they'll laugh at you if you mention Manheim. (No offense ;))
     
  6. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,255
    hey, so what do u define as true wholesale for ferraris? just the price at which dealers are willing to buy cars from customers?
     
  7. Prancing 12

    Prancing 12 F1 Rookie
    Silver Subscribed

    May 11, 2004
    2,757
    The long way home
    That's a better indication.
     
  8. MiamiBeats

    MiamiBeats Rookie

    Aug 31, 2009
    7
    Prancing 12,


    Thank you once again for your insight.....


    What do you feel is the wholesale price for F430 spider 2005 with 5,000 miles?

    As you say....majority of cars trade through other channels....what channels specificaly?
    maybe i could search them?
     
  9. .:Raul

    .:Raul Karting

    Oct 4, 2007
    124
    Chicago, Il
    Full Name:
    Raul Tomsa
    Prancing 12

    thanks for all the insight
     
  10. Skipper

    Skipper Formula Junior

    Sep 24, 2006
    451
    Full Name:
    Frank Drebin
    whatever price you see on manhiem or ebay for a f430 spider minus 25k would be a real deal.
    125k is my target today 100k in the spring
     
  11. jsanocki

    jsanocki Formula Junior

    Aug 30, 2006
    785
    NJ
    ha ha...you aren't going to get a car with those target prices!
     
  12. Skipper

    Skipper Formula Junior

    Sep 24, 2006
    451
    Full Name:
    Frank Drebin
    wanna bet? its called depreciation. these cars dont go up in price until they are 20 years old
     
  13. Prancing 12

    Prancing 12 F1 Rookie
    Silver Subscribed

    May 11, 2004
    2,757
    The long way home
    There are dozens of dealers and hundreds of buyers that would happily pay more than your target price. Good luck with that. I trust you'll post pics when you manage this deal?
     
  14. jsanocki

    jsanocki Formula Junior

    Aug 30, 2006
    785
    NJ
    Of course prices will go down.... but a 05 F430 Spider for 125k now? And then you want it to depreciate another 25k by Spring?

    At that rate I should be able to get it for 75k next fall? What does that make a 355 Spider worth, 10k?


    I mean come on, if we are going to have a serious discussion about pricing, great, but lets not go off the deep end here....
     

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