Anyone know this 430 Scuderia? | FerrariChat

Anyone know this 430 Scuderia?

Discussion in '360/430' started by memo3, Feb 16, 2010.

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  1. memo3

    memo3 Rookie

    May 4, 2008
    15
  2. cove26

    cove26 Formula 3

    Nov 13, 2007
    1,135
    CT
    Full Name:
    Mike
    Beautiful in white. I notice they also have the 16M, personally I would go with the 16M but I'm partial to spiders
     
  3. Hawkeye

    Hawkeye F1 Veteran
    Owner Rossa Subscribed

    Sep 20, 2009
    8,183
    Make sure and deal with Joe and not Jeffrey. Get everything in writing, find out as much about the car as possible. Offer $229k and go from there.
     
  4. g4titan

    g4titan Formula 3
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    Feb 6, 2010
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    Nico
  5. TG

    TG F1 Veteran

    Oct 26, 2004
    6,291
    Newport Beach, CA
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    Taylor
    Which shade of white? Yellow stitching ruins it for me, white or just straight black would've been ideal...
     
  6. VTChris

    VTChris F1 World Champ

    Aug 21, 2005
    13,259
    Absolutely LOVE IT!
     
  7. ThisFlyGuy

    ThisFlyGuy Formula 3

    May 7, 2006
    1,171
    SF Bay area
    Full Name:
    Michael
    wow that is clean.....
     
  8. h2oskier

    h2oskier F1 Veteran

    Oct 1, 2006
    5,252
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    MJA
    why would anyone in business take that much less. I swear some guys out there these days feel car dealers own these things for 40% less than listed.

    How many of you in Business own an inventory and will jump at a LOSS because someone feels that is the market. I just don't get it.



    I actually know a guy that made an offer on this car and they went to 255k cash and that was the lowest they would go last week.
     
  9. Apple Sauce

    Apple Sauce Formula Junior

    Jun 30, 2008
    626
    Wide Open Throttle
    Full Name:
    Vic
    $255K is an excellent price if you are in the market for a Scuderia
    It's a 2009 with relatively low miles.
    If you have the cash, like the color, buy it.

    —Vic in Seattle
     
  10. mimon911

    mimon911 Karting

    Jun 2, 2009
    79
    very awsome car,take it for sure my friend.
    do not wait tooooo long
     
  11. bobbyd

    bobbyd Formula Junior

    Nov 17, 2003
    722
    Continental in Illinois has a 2009 w/stripe in white, 2800 miles, asking $10K less. Stripe alone is worth $5K - $10K in the current market place. Put any miles on the car at all and it will cost you. Good luck.
     
  12. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
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    Joe Mansion
    This car has been there for maybe 6 months.. I saw it in October already when walking by the store.
     
  13. memo3

    memo3 Rookie

    May 4, 2008
    15
    Thanks for all the responses. I emailed Continental about their white one.

    I will inspect the car's paint work and service history maybe sometime next week. Do you think PPI is necessary at a different shop? I just verified that the car has almost 2 more years of warranty left. It has almost 1100 miles on the odometer.

    Thanks again,

    Memo
     
  14. Hawkeye

    Hawkeye F1 Veteran
    Owner Rossa Subscribed

    Sep 20, 2009
    8,183
    I would agree if the dealer owned the car and this was an authorized Ferrari dealer. In that case, it's in the best interest to build a relationship for the long haul and respect price integrity to some degree. However, for a Lambo/Bentley/RR dealer that consigns F-cars and will not service your Ferrari, there is no incentive to cooperate, it's a transaction and I don't see the problem in market testing an off color, no stripe Scud with a transactional dealer.
     
  15. tonyswfla

    tonyswfla Formula Junior

    Dec 2, 2007
    823
    Florida
    theres a white scuderia at ferrari silicon valley
     
  16. h2oskier

    h2oskier F1 Veteran

    Oct 1, 2006
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    MJA
    Off color :( I think Whites the only way to fly ;)

    I don't really think it comes down to Ferrari Dealer or Consigning Dealer. I was just pointing out if I owned a car business and I owned a car at a certain number. Say they own this 260k for sale car at 240k I would hold out a while before jumping on anything offered too low. I would wager a large sum of cash that almost every dealer in the US right now is tired of these low ball offers and the assumption these cars are worth less than they really are. No matter what business you are in if you get Call after Call after Call telling you that your inventory is worth 20% less than priced you would start taking offense as well.
     
  17. F458

    F458 Karting

    Aug 1, 2009
    68
    Malibu, CA
    I understand and agree with your point, but just to add to the conversation. Assuming the value of cash is +10%/yr (that's a little high for the stockmarket, but probably not in terms of reinvesting in your own business). Let's also assume these cars depreciate 10%/yr. Now, if you're a dealer and bought a car for $240k and are expecting $260k, you can only hope to make a profit for less than 6 months. After that it's about limiting your losses.

    Quick turnover is more important from a business perspective than holding out for the right price. They win on some and lose on some, but the only thing that's guaranteed is that they can't afford to hold on to the cars. That's a sure way to lose money. Obviously they can't be selling at a loss consistently either. Tough racket.
     
  18. h2oskier

    h2oskier F1 Veteran

    Oct 1, 2006
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    MJA
    Tough in this market yes. I've got 5 friends that own at least 1 dealership each and I don't feel sorry for them by any stretch. One I do. He owns 3 Saturn dealerships along with his other stuff so that getting shut down was not a great thing.

    It really depends how these guys do business. If this dealer borrows the cash for the car it costs them 12k a year at 5% to keep that 240k car on the market. So 6 months in they still only have 6k out of their pocket. Most wouldn't have 5 million worth of inventory borrowed but who knows with some of these places.

    Anyway on to the OP this car at 259k is still a fantastic deal.
     
  19. bobbyd

    bobbyd Formula Junior

    Nov 17, 2003
    722
    Why is it a fantastic deal? Most other dealers asking the same for similar cars with similar mileage. If you dig around a little you will realize their is quite a large inventory of Scud's for sale at the moment, and that inventory is getting bigger as guys prepare to order their 458's.
     
  20. scott40

    scott40 Formula Junior
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    Apr 4, 2006
    958
    Ohio
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    Scott
    I've been looking at Scuds and I agree- there are tons available. You can find almost any color combo you want. Many dealers have at least one if not several.
     
  21. h2oskier

    h2oskier F1 Veteran

    Oct 1, 2006
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    I don't agree there are tons of Scuds available. 25-30 shown on Autotrader with an average asking of 270k. There are 35 Challenge Stradales for sale as well. I would say this is the norm. That's like 3% of the total world amount. This is a 1000 mile 2009. All 2009's stripe or not are worth more money than 2008's. The are asking well below average. Actually for 09's the Average asking, though I think it's off would be above 280k. Most of the dealers that had new ones on the floor have moved them now. Yes some are going to get traded in and some are going to get sold for financial reasons. That's what happens. 458's aren't going to affect Scuds the way you guys think. Ferrari got hammered by the last 2 years financial woes and they will slow production down even more to insure they don't end up with another fiasco and another 3 month shutdown. The 458's that hit the market will still be a 350k out the door car which limits a lot of buyers and a 100k plus saving on a Scud will look very attractive for years to come. No different guys then the Cultish Challenge Stradales. Scuds are insane cars and will not go away like the standard 430's are.
     
  22. jet

    jet Formula Junior

    Apr 12, 2004
    837
    Bay Area
    Here in Cali there are 11 scuds available by authorized dealers alone. So there is room for price negotiation.
     
  23. scott40

    scott40 Formula Junior
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    Apr 4, 2006
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    Really? I only see 9 Stradales for sale on Autotrader, and most of those have been for sale for a long time.

    Don't disagree that the Scud is special and is not going to be disregarded, but there are many for sale right now which suggests sellers will be negotiable. Like everything else, they will depreciate.
     
  24. jplayer521

    jplayer521 Formula Junior

    Feb 22, 2006
    617
    FL
    Full Name:
    Jason
    You guys have to remember MOST OF THESE SCUDS are consignment cars. They sell a Brand new scud to a guy who wants to trade the car in for something (maybe a 458) and the dealers cant offer them rock bottom wholesale or the trader will walk right out and never buy from them again. With a Scud they just say "let us sell it for you" and that is that.

    That being said I agree with H20. Dealers are sick of people offering below market for their cars. It gets pretty ridiculous.......
     
  25. scott40

    scott40 Formula Junior
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    #25 scott40, Feb 22, 2010
    Last edited: Feb 22, 2010
    The "market" for cars, houses, etc. is only what someone is willing to pay. Scuds, Stradales, whatever else may have been sold for X dollars at one point, but in the current environment, everything has declined in value, including Scuds and will continue to do so. This is discussed almost daily on Fchat. Oh, and when they get to a certain point, I'm getting one;)
     

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