456

Nice colour leather.

I didn't realise the centre console was different on a LHD... what are the switches nearest the rear?, edit...it's ok I've worked it out!

(I've got red callipers too)
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Good observation. My ash tray is next to the shifter and yours is down below. The switches that you have by the shifter are near the rear of my console.

 

I must clean that bit, it looks terrible!

 

What color is your exterior?

 

i think the 456M (as opposed to the pre-m) will maintain its value around the $70-90k mark for a while. the competition from other 4 seater hi-end coupes is tough, but the 612 wont get below $150k for a while, and neither will the bentley gt, and below this price you will have the 456 regular at $40-60k which will lend support. for the price to completely crater, there has to be a lack of anything for sale below, and a need for the seller's to sell, and i just dont see that happening for a little while (and then you can argue that inflation will catch up to it). just my 2 cts

 

456 values from the view of a Florida car dealer, who just bought one.

Part of the reason the value is so low is because of the poor maintenance that so many of them have received. For some reason or another Chase and a couple of other banks were on a binge a few years back leasing exotics. Dealers (myself included) jumped on the wagon since the residual was high and the cars were cheap you were able to lease someone a 456 for a low payment and still make a nice profit on the cars. Thus the cars were not really going into the hands of REAL Ferrari owners and were poorly maintained and driven rough, being that the customer did not really care, after all in 3-4 years his lease was up and he returned the car to the bank and it was no longer his problem. Now you can go on eBay and see most of those pigs from 1997-2001 for $50,000 to $85,000, but you are probably getting an auction rat, not a clean, well kept car.

Still another point of view is that even though the car was a gentleman’s car, most people do not want a Ferrari with a big shift lever for an automatic transmission sitting in the center of the car, it’s not an F-1 or even a Porsche Tiptronic, it’s just an auto in Ferrari, big oxymoron in most people’s opinion. (BTW my car is a 2001 with the automatic transmission). I happened to get lucky and found a well maintained one owner car that was always dealer serviced, and when it came time for PPI needed only rear brake pads and motor mounts.

The reality is that these cars will probably stabilize and hover around the $50,000 mark after all the junky cars have been weeded out, since the next run of owners such as myself would want to have a proper looking and maintained car and will not buy the pigs and would rather pay UP for a nice car then buy a cheaper one that needs money. And the truth is what car can you buy for the $75,000 range that gives you 12 cylinders, a prancing pony, and bragging rights?

My .02 cents worth.

 

If your auto transmission hits the silk isn't it about a 50K or so repair?

 

Its $50K if you dont have someone who knows how to fix it and just throws in a new one. I have seen them rebuilt at $12,000 still no bargain, but try to keep it from breaking...

Sam

 

Its $50K if you dont have someone who knows how to fix it and just throws in a new one. I have seen them rebuilt at $12,000 still no bargain, but try to keep it from breaking...

Sam

 

Well, having just bought a 1997 with 27,500 miles just the other day (awaiting delivery), I found one with all records, all tools, all books (2 or 3 owners, yet to verify). So, well documented cars are out there. On another thread I posted the major items fixed during prior ownerships. I bought it high $50's. I intend to make it a daily driver. I hope to keep it for a few years without much damage to my pocket and trade it for a 550. I am assuming/hope that I bought it at or close to its inflection point in the depreciation curve. We'll find out in a few years I guess.

Alberto

 

Alberto, congratulations. I assume your car is an automatic, as very few six speeds were made in 97. Is that right? Post some pics when it arrives.

 

I screwed up, it's a 95 manual 6 speed. Not sure what I was thinking. Pics when it gets here or you can go to Cavallinomotors.com or to Ferrariads.com for pics for the time being. Obviously they will be removed shortly.

 

like a good buy at high 50's....keep us posted on 'post' items....

 

Martin at Cavellino has a good reputation in the car world, so you should be getting a pretty nice car...

Sam

 

my 2001 456M GTA
I haven't seen this interior color with matching steering wheel on any other yet.
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There were approximately 3,000 made including GT, M and all.
If you need the exact number i would have to research it, but this is a good ball park figure.

 

my research finds 1548 GT Coupes produced from 92-98. there were 403 gt automatics made from 96-98. With total production from 98-03 finishing with the MGT and MGT total 3726

 

There were a total of 3726 per my research. 92-98 there were 1548 456GT produced. 96-98 the were 403 456 GT Automatics produced. From 98-03 the balance were 456 MGT and MGTA.

 

quick, somebody snatch this deal:

http://cgi.ebay.com/ebaymotors/456GT-456-GT-w-575-Wheels-575M-30k-service-records_W0QQitemZ300122427610QQihZ020QQcategoryZ6212QQrdZ1QQcmdZViewItem

 

Looks like a decent car, but note the New York registration, make sure it was not a city car, nothing like the New York roads to kill a car...

Sam

 

I would rather drive my 95GT with 15k miles for another 100k before letting it go for under 75k. It seems like 1 mile on a normal cars odometer is like 5k on a Ferrari. Doesn't make sense if it is properly taken care of. I have put 7000 exhilerating miles on mine and 10k of maintenence and upgrades in 2 years. Don't sellers have a responsibility to help maintain the value of these cars. I won't ever let my baby go for pennies!!

 

SOLD for $51k

even with issues [except windows] this would be a steal in my mind and someone got a nice deal

interesting color combo too,

 

So that car is called "Black over Tan" but exterior looks charcoal gray to me in the pics. Which one is it?

 

That was my old 456GT and the color was Canna di Fucilli (sp).

Someone did get a great price for the car...no issues and extreamly reliable when I owned it.

 

The colour is Canna di Fucile or Rifle Barrel: really nice color combo and those 575 wheels look great!