430 pricing breaks $190K | FerrariChat

430 pricing breaks $190K

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

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  1. shoerat

    shoerat Rookie

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  2. ttforcefed

    ttforcefed F1 World Champ Rossa Subscribed

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    lots of miles, no?
     
  3. mred

    mred Formula Junior

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    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

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    the buyer is a dealer/wholeseller in Houston and who I bought my 360 from.
     
  5. lapeter

    lapeter Formula Junior

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    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

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    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

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    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

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    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

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    Manual without daytonas, still a very low price even for wholesale.

    -Peter
     
  10. The Ape

    The Ape Formula 3

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    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

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    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

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    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

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    It looks as if somebody needed to get rid of the car in a real hurry.
     
  14. csun213

    csun213 Karting

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    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

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    +1
     
  16. lapeter

    lapeter Formula Junior

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    The near future is here now.
    Al


     
  17. Arrwin

    Arrwin Formula Junior

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    That's in the Stradale price range. For me...Stradale vs. 430 would be a tough choice. How about you guys?
     
  18. csun213

    csun213 Karting

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  19. targanero

    targanero Formula 3

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  20. Testacojones

    Testacojones F1 Veteran

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    People like that don't deserve a Ferrari nor a girlfriend.
     
  21. Joe Mac

    Joe Mac Formula 3

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    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
     
  22. racerdj

    racerdj F1 Veteran Owner

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    I'm ready for the mid 08 turnaround!
     
  23. lapeter

    lapeter Formula Junior

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    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

     
  24. racerdj

    racerdj F1 Veteran Owner

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    Now this is a man with his priorities in order!!!
     

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