News

430 Scuds that don’t sell for years

Discussion in '360/430' started by OneFastM3, Jun 15, 2019.

  1. OneFastM3

    OneFastM3 Rookie

    Nov 5, 2006
    21
    Why do some 430 Scuds sit for a year or more before they sell. Is the market that limited for them? I see a red one that has sat for almost two years. A white one for a year and a gray one for a year. Clean carfax and plenty of clutch. What gives?
     
  2. of2worlds

    of2worlds F1 World Champ
    Rossa Subscribed

    Apr 6, 2004
    13,331
    ON
    Full Name:
    CH
    Like most things it comes down to price and condition. Mileage can have a big effect on price to. IF the car is priced correctly for the condition then it should sell.
    However as you suggest the market is limited. The Scuderia is not for everyone as the Italia for example offers similar performance numbers and many superior benefits. The Italia does it all in a more refined way than the Scuderia. Horses for courses...
     
  3. F355 Fan 82

    F355 Fan 82 F1 Rookie
    Silver Subscribed

    Jul 22, 2006
    4,373
    The dealer I bought my 575 from has a scud he’s had since I bought my car, October 2017, still for sale at the same price, no discount....everyone has inflated views of what cars are worth. They made a lot of scuds, it’s a cool car but it’s not that rare and the 458 is way better and can be had sub 150.
     
  4. ryalex

    ryalex Two Time F1 World Champ
    Owner Consultant

    Aug 6, 2003
    21,379
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    If a car is still available after 90 days, then the likely answer is that the asking price is too high.

    Scud is going to be a long term hold, but realistically probably worth closer to $150-160k right now.
    And ultimately as noted if you're spending $150-220k right now, 458 is a leap ahead and can qualify for extended warranty coverage (they might have a year or two more CPO available on Scud but I didn't ask).
     
  5. OneFastM3

    OneFastM3 Rookie

    Nov 5, 2006
    21
    I have never seen one under $160k even with high miles. Certainly not sub 15k miles.
     
  6. F355 Fan 82

    F355 Fan 82 F1 Rookie
    Silver Subscribed

    Jul 22, 2006
    4,373
    They never ask that but dealer I got my 575 from has been asking $219k for nearly 2 years now....at what point do you drop the price, $219k is clearly not the going rate or it would’ve sold
     
  7. Ferrari 360 CS

    Ferrari 360 CS F1 Veteran

    Dec 4, 2004
    5,968
    Cape Town,SA
    Full Name:
    Jacques
    I think part of the issue and they are also sitting here in SA, is they are very raw which is too much for many, meaning there is a limited target market.
     
    vinny84 and of2worlds like this.
  8. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
    5,373
    #8 Ferrari 308 GTB, Jun 15, 2019
    Last edited: Jun 15, 2019
    I don't think +/- 2000 is a lot .458 was around 25000.

    Scud has a much bigger potential collectable value in future years.
     
    Shark01 likes this.
  9. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    10,927
    people are busy putting new dollars towards new models because they think there is a game to be played....and the scud doesnt have the following the CS has. rarely do people opt for a 430 over a CS but they often opt for the 458 over the scud.
     
  10. F355 Fan 82

    F355 Fan 82 F1 Rookie
    Silver Subscribed

    Jul 22, 2006
    4,373
    #10 F355 Fan 82, Jun 15, 2019
    Last edited: Jun 15, 2019
    Meh 2000 is a lot, my 575 is one of 2064 and one of 500 or so in the us, it’s still sub $100k and that is a beautiful front engine classic 12. Just saying 2000 scuds is low run but other cars with same production numbers are lower than $200k.Look at the 456, there’s a nice one here in Houston near me for sale for $49k and it’s a 2001 and 1 of like 480....
     
    Bundy and of2worlds like this.
  11. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
    5,373
    i agree 575 456 550 all amazing cars at that price point.
     
  12. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,248
    Yep, alot of dealers bought high and refuse to take the hit. I've talked to a couple of these poor delusional dealers in the past couple of months, made solid market correct cash offers, and they can't hang up the phone fast enough. And the cars had been for sale for 2 years and 3 years respectively.

    And I'm looking for odd color combos that most wouldn't want anyway.....
     
  13. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,248
    Not looking very hard....just in the past 2-3 months we have:

    1. The 55k mile rental car $120k-ish
    2. Ed Bolian's 28k grey car at $140k (they met in the middle at $140k....hilarious
    3. The grey CNC car for less than $150k (18k miles)
    4. The nice 14k mile red one that was sold (I imagine) in the high $150s k

    The Pozzi Blue car the CNC has is asking less than $160k, and I'm sure can be had in the $140s. 23k miles.....if deep in the $140s I'm pretty interested myself, crazy color combo.
     
    F355 Fan 82 and of2worlds like this.
  14. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,248
    So this......unless there is a nagging wife involved or a definate need for a convertible, do not understand the comparison
     
  15. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,248
    Just did my weekly run through.....12 different cars have asks less than $200k on just two sites.
     
    of2worlds likes this.
  16. Themaven

    Themaven F1 Rookie
    Rossa Subscribed

    Nov 2, 2014
    2,760
    London
    Full Name:
    Darius
    So is it dealers or sellers on consignment that are doing this? I didn't realise dealers held so much stock? Genuinely wanting to know. In the UK I think it is more sellers consigning on a sale or return, than dealers' own stock. For used Ferraris generally. Dealers gripe at me about how sellers won't reduce unrealistic prices.
     
  17. flash32

    flash32 Formula 3

    Aug 22, 2008
    1,213
    Central NJ
    Full Name:
    Dominick
    I believe the Scud is a sleeper .. and can be had from 170 to 200

    I the market is steady for the last 2 years give or take 10 grand .. give it another 2 years

    Sent from my moto g(7) using Tapatalk
     
    galt likes this.
  18. f355spider

    f355spider F1 World Champ
    Rossa Subscribed Owner

    May 29, 2001
    16,661
    USA
    Full Name:
    Hugh G. Rection
    Simple, overpriced for the current market. Either they lower their price, or wait however long is required for the market to recover.
     
    ross, I'm 360 Canuck and whatheheck like this.
  19. Rosso Corsa Strada

    Nov 11, 2018
    58
    Is this the red car in FL?
     
  20. Rosso Corsa Strada

    Nov 11, 2018
    58
    Yes I've done the same. At some point they have to cut their losses right? Aren't they losing money every month keeping these cars for sale?
     
  21. f355spider

    f355spider F1 World Champ
    Rossa Subscribed Owner

    May 29, 2001
    16,661
    USA
    Full Name:
    Hugh G. Rection
    Depends on if the own it or consignment, but they still have overhead each month....rent, utilities, insurance, phone, internet, wages, etc.
     
  22. Rosso Corsa Strada

    Nov 11, 2018
    58
    I thought they may have loans out on them?
     
  23. Tamahal

    Tamahal Formula Junior

    Mar 8, 2019
    277
    Full Name:
    Kanwar t Mahal
    Ya what’s the deal with that Pozzi Blu scud???


    Sent from my iPhone using FerrariChat.com mobile app
     
  24. Tamahal

    Tamahal Formula Junior

    Mar 8, 2019
    277
    Full Name:
    Kanwar t Mahal
    My understanding was that only 1500, or so, scuds were made...


    Sent from my iPhone using FerrariChat.com mobile app
     
  25. f355spider

    f355spider F1 World Champ
    Rossa Subscribed Owner

    May 29, 2001
    16,661
    USA
    Full Name:
    Hugh G. Rection
    There are many threads on the subject. Based on what I have read, in my opinion it is definitely north of 2000 made....how far past 2000? No one truly knows the exact number. Just lots of speculation and "I know a guy at the factory..." ;) But Ferrari was making very few F430 during 2008 and 2009, most all of production was focused on making 430 Scuderias. Just do a search for available used F430s 2005 to 2007. Then check used F430s from 2008 to 2009. I did this a few times over the years and big drop in 2008 and 2009. I'm sure its still the same today.
     
    of2worlds likes this.

Share This Page