430 pricing breaks $190K | FerrariChat

430 pricing breaks $190K

Discussion in '360/430' started by shoerat, Sep 13, 2007.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. shoerat

    shoerat Rookie

    Nov 5, 2004
    18
    Texas
  2. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,256
    lots of miles, no?
     
  3. mred

    mred Formula Junior

    Nov 2, 2003
    476
    Atlanta, GA
    Full Name:
    Ed B.
    It is more miles than most but not too many miles for the car to have. There seem to be a lot of 430's on the market with 8-12k miles. Owners seem to realize that they can easily sell the car as soon as they buy it for a significant profit or they can choose to drive the car for a year or two and get their money back out of it.

    That number seems really cheap. I wish I had seen it.

    Does anyone have recent Manheim results for 430 coupes 05-06?
     
  4. 68rcodemustang

    68rcodemustang Formula Junior

    Aug 12, 2006
    506
    Houston Texas
    Full Name:
    Mullet
    the buyer is a dealer/wholeseller in Houston and who I bought my 360 from.
     
  5. lapeter

    lapeter Formula Junior

    Jun 13, 2002
    885
    SunValley ID&Kapalua
    Full Name:
    Al LaPeter
    My crystal balls tells me that the over all economy and fear of a recession will soften the prices on everything, not just real estate. F cars fall into the category of "everything".
    Al
    PS that seems to be a well optioned car in spite of the miles.
     
  6. THE DOBIE

    THE DOBIE Karting

    Feb 12, 2007
    225
    UK
    prices seem to be dropping rapidily here in the uk too..... great for buyers not so good for those wishing for a good return
     
  7. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
    6,479
    It sure would be nice to ride these down to $130 over the next 5 years while I'm saving pennies.
     
  8. BCS

    BCS Karting

    Aug 28, 2007
    176
    NJ/NY
    Full Name:
    Bill
    i wonder if the dealer is really going to let it go for that price or if that's some shill bidding going on? Wouldnt surprise me 11K on the clock is nothing.

    edit: just saw the buyer...probably some collaboration going on...that car will be turned around and sold for 200K+ easy.
     
  9. charliebronson

    charliebronson Formula 3

    Dec 5, 2004
    1,244
    Full Name:
    Charliebronson
    Manual without daytonas, still a very low price even for wholesale.

    -Peter
     
  10. The Ape

    The Ape Formula 3

    Feb 28, 2007
    1,793
    Los Angeles
    Full Name:
    Ape
    Thats my exact car and almost exact miles. I wouldn't sell for less than 220K. But, I love the car so much that I wouldn't sell period.
    I just dont get these guys that dont friggin drive these cars! My car is just starting to break in as far as Im concerned. It's getting
    faster and seems to have more and more soul. So, to whoever it is that may end up with my car one day all I can say is that I
    ain't saving the car for you.
     
  11. charliebronson

    charliebronson Formula 3

    Dec 5, 2004
    1,244
    Full Name:
    Charliebronson
    Lol yes we know how you feel about driving your car and how you feel about other people not driving their cars. Does it really bother you that much?

    -Peter
     
  12. Tipo815

    Tipo815 F1 Rookie

    Nov 1, 2003
    3,565
    Newport Beach, CA
    Full Name:
    Jeffrey
    Wow! That is very cheap for a '06 regardless of the transmission and miles. Very surprised it sold for that amount!
     
  13. Testacojones

    Testacojones F1 Veteran

    Nov 3, 2003
    5,198
    Florida
    Full Name:
    Luix Lecusay
    It looks as if somebody needed to get rid of the car in a real hurry.
     
  14. csun213

    csun213 Karting

    Feb 1, 2006
    117
    Take a look at eBay. There are a lot of cheap "Buy it Now" prices on Ferraris. I think the easy money is drying up. I believe Ferrari market will take a hit in the near future.
     
  15. Senna1994

    Senna1994 F1 World Champ

    Nov 11, 2003
    13,192
    Orange County
    Full Name:
    Anthony T
    +1
     
  16. lapeter

    lapeter Formula Junior

    Jun 13, 2002
    885
    SunValley ID&Kapalua
    Full Name:
    Al LaPeter
    The near future is here now.
    Al


     
  17. Arrwin

    Arrwin Formula Junior

    Sep 14, 2004
    537
    Midtown NY
    Full Name:
    Arrwin
    That's in the Stradale price range. For me...Stradale vs. 430 would be a tough choice. How about you guys?
     
  18. targanero

    targanero Formula 3

    May 31, 2005
    1,661
    New York
    Full Name:
    Simon
  19. Testacojones

    Testacojones F1 Veteran

    Nov 3, 2003
    5,198
    Florida
    Full Name:
    Luix Lecusay
    People like that don't deserve a Ferrari nor a girlfriend.
     
  20. Joe Mac

    Joe Mac Formula 3


    Agreed, Al, but recognize that this is going to be a relatively short lived dip, from an economy standpoint. This is a credit crunch, not an equity crunch. So, as long as companies with strong balance sheets use their cash wisely, this should be a mid-08 turnaround.

    Let's hope.

    Joe
     
  21. racerdj

    racerdj F1 Veteran
    Owner

    Jan 19, 2003
    6,952
    Indianapolis
    Full Name:
    DJS
    I'm ready for the mid 08 turnaround!
     
  22. lapeter

    lapeter Formula Junior

    Jun 13, 2002
    885
    SunValley ID&Kapalua
    Full Name:
    Al LaPeter
    Joe,
    I really hope you are right. I see this current situation as much more than a credit crunch. I feel the RE market will trickle down to almost everything. I see "rich" people cutting back a little and "average" people cutting back more. This will effect most companies even with strong balance sheets. Most people (95%) have most of their investments in some kind of real estate. I own shopping centers in various states and I am seeing financing to buy or refi much tougher and higher than a couple of years ago. I am not seeing small businesses closing, but they are having a tougher time. Vacancies are still OK, but the amount of inquires for vacant space is slowing down. I live in two affluent areas, Kapalua Maui and Sun Valley, ID. The real estate markets here are currently DEAD!! The buyers for these properties are the most wealthy in the nation. These people are sitting on the side lines. Overall we are not even close to the bottom and I see this turn around being 2010 or later. I better be wrong, but I may not be. Also I agree that companies need to use their cash wisely, but that usually equates to less spending and less expansion. It can become a vicious circle. I just think everybody needs to be ready for tougher times. That being said, when my number comes up for the 430 spider replacement, I will be putting my money up. Sean Harris, don't forget me.
    Al LaPeter

     
  23. racerdj

    racerdj F1 Veteran
    Owner

    Jan 19, 2003
    6,952
    Indianapolis
    Full Name:
    DJS
    Now this is a man with his priorities in order!!!
     

Share This Page