F430 Trade-In Value | FerrariChat

F430 Trade-In Value

Discussion in '360/430' started by payneless, Sep 19, 2017.

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  1. payneless

    payneless Karting

    Oct 23, 2013
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    #1 payneless, Sep 19, 2017
    I've been contemplating trading in for 458 Italia Coupe . The local Ferrari dealer told me the F430 prices based on recent wholesale auctions in California have taken somewhat of a nosedive. I don't know if that's a ploy to get me to commit to a higher price for the 458 or if it's fact. My car is an 2005 F430 F1 with 17000 miles and 6weeks ago he was gonna give me around 100k now closer to 85k.
     
  2. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    4,366
    #2 blkdiablo33, Sep 19, 2017
    100k was a good offer .try selling on your own
     
  3. ttforcefed

    ttforcefed F1 World Champ
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    #3 ttforcefed, Sep 19, 2017
  4. efg2014

    efg2014 Formula Junior

    Sep 14, 2014
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    #4 efg2014, Sep 19, 2017
    Prices for 458s are coming down as well. I'd do more research and blkdiabol33 says try selling it yourself.
     
  5. payneless

    payneless Karting

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    #5 payneless, Sep 19, 2017
    Thanks for input good info ttforcefed I may try to sell myself the 458 I was looking at has almost as many miles as my car and doesn't appear as babied!
    My car is 2owner with new Pilot supersports and new Interstate AMG battery plus no stories! Seems like would be easy to sell but never tried to sell an exotic car before.
     
  6. ttforcefed

    ttforcefed F1 World Champ
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    #6 ttforcefed, Sep 19, 2017
    what year 458? 2010 458s with 7k+ miles are holding strong at 170K+ wholesale
    i just sold my 2010 4k mile 458 for 190k. tdf blue/tan
     
  7. payneless

    payneless Karting

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    #7 payneless, Sep 19, 2017
    2012 458 coupe with almost 14000 miles but good spec 190k no stories car offered to me for my car and 107k out the door with one year warranty including tax
     
  8. ttforcefed

    ttforcefed F1 World Champ
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    #8 ttforcefed, Sep 19, 2017
    id say do it no matter what - 458 is the most amazing non supercar machine built ever.
     
  9. payneless

    payneless Karting

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    #9 payneless, Sep 19, 2017
    Did you replace your 2010?
     
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  10. ttforcefed

    ttforcefed F1 World Champ
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    #10 ttforcefed, Sep 19, 2017
    Not yet, focusing on something else right now
     
  11. payneless

    payneless Karting

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    #11 payneless, Sep 19, 2017
    I've had my F430 for over 6years and really like it but just ready for something new to me and better
     
  12. ttforcefed

    ttforcefed F1 World Champ
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    #12 ttforcefed, Sep 19, 2017
    I have 2 430s. Go for the 458
     
  13. jlonmark

    jlonmark F1 Rookie

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    #13 jlonmark, Sep 19, 2017
    you really can't beat the 430 price and performance
     
  14. arizonaitalian

    arizonaitalian Two Time F1 World Champ
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    #14 arizonaitalian, Sep 19, 2017
    That seems like a fair (or more than fair) deal (and you avoid selling your 430, selling a ferrari these days - for most models, and certainly for a first year 430 with 17k miles and F1 - can take a long, long time).
     
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  15. payneless

    payneless Karting

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    #15 payneless, Sep 19, 2017
    Thanks to all for input the salesman told me after I drive it I'm gonna want to pay him MORE for it!
     
  16. buddyg

    buddyg F1 Veteran
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    #16 buddyg, Sep 19, 2017
    If you drive the 458 you will be making the deal. LOL
     
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  17. SCKOMS

    SCKOMS F1 Rookie
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    #17 SCKOMS, Sep 21, 2017
    In many states, you will also save on sales tax, paying only on the $107K vs the entire $190K, so factor that in as well, if it applies.
     
  18. kiryu

    kiryu Formula Junior

    Mar 28, 2016
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    Los Angeles
    #18 kiryu, Sep 21, 2017
    hmmm interesting. I recently asked around and the dealer is giving me 110k for my 07 spider with 12k miles, pretty well optioned car with carbon brakes, new clear bra and ceramic coating. I find it a bit low but that's expected for trade in i guess
     
  19. Ahmed_Z

    Ahmed_Z Karting
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    #19 Ahmed_Z, Sep 21, 2017
    Wow, that's crazy. All the dealers I contacted within a few hundred miles of me were giving me wholesale prices or worse. One went as far as to tell me I would never get what I wanted for my car if I tried to sell it myself, but I essentially got what I was looking for.
     
  20. 3POINT8

    3POINT8 F1 Rookie
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    #20 3POINT8, Sep 21, 2017
    100k would be decent for trade in. 85 still is not bad considering tax benefits
     
  21. CarbonDan

    CarbonDan Karting

    Aug 19, 2017
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    #21 CarbonDan, Sep 21, 2017
    What database is that and how does one get access to it?
     
  22. kiryu

    kiryu Formula Junior

    Mar 28, 2016
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    Los Angeles
    #22 kiryu, Sep 21, 2017
    oh by the way local CA dealers is giving me really low values, i got a 95 and a 93. The 110 are all from 3 dealers in TX and IL
     
  23. arizonaitalian

    arizonaitalian Two Time F1 World Champ
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    #23 arizonaitalian, Sep 22, 2017
    Last edited: Sep 22, 2017
    found a data point to suggest that $85k is a fair trade-in/wholesale offer...$100k is a decent retail sale price these days, 15% in back of that is as good as one can hope for on trade-in. (unless unknowingly over-paying for the new car).

    ...here is a car that has been on F-chat for ~5 months and is now asking $105k. And $105k is a private party asking price. Even a retail sale price around there would be less 5-10% selling costs (my local dealer has an 8% consignment fee for example), so netting the seller even less.

    Run to take $85k trade-in if you like the 458 and its price.

    http://www.ferrarichat.com/forum/threads/f430-rosso-corsa-tan-ccb-cf-zones-challenge-stradale-wheels-clear-bra-19k-miles.550795/

    And, also supporting $85k trade in on the OP's car, this one which is a much more valuable car, got $110k trade-in:

    2 years newer + something
    Spider +10k at least
    30% lower mileage +$10k at least
    Carbon brakes + something

     

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