The current issue of Forza magazine has the F430 buyer's guide.
Well, I'm biased of course because I have 62,000 km (~37,000 miles) on my 430, (and to be clear, Forza is not know for "objective journalism") but I think that the article is very consistent with my experience and a great summary of my ownership. I also used to consider my 430 the "ugly sister" to my 355, but with time, the subtle styling cues and overall proportion have grown on me. CG Image Unavailable, Please Login
When the 430 first debuted, I wasn't sure how much I liked it. After owning one for a few years now, it's definitely grown on me too. Mine, in grigio titanium, gets compliments all the time.
The Forza writers are not remotely close in their used market assessment, unfortunate given that it brings incorrect information to potential buyers, they would try to shop using these guidelines and come back empty handed. This is what Forza magazine is publishing: Model Low High F430 Berlinetta $115,000 $135,000 F430 Spider $135,000 $155,000 430 Scuderia $145,000 $180,000 Scuderia Spider 16M $210,000 $300,000 These prices are for cars in good condition with roughly 10,000 miles. Theres a premium for cars with lower mileage: Add $10,000 for a Spider or Scuderia and $20,000 for a 16M with less than 2,000 miles. The Recent Listings section below shows asking prices; actual sale prices are usually at least 10-percent lower. The 16M is not carrying a $120k premium over the Scuderia, not even close. In the three years from 2005-2007, no Scuderias or 16M came to U.S. 08 Spiders are closer to $200k and 08 Coupes are close to $170k. 09 Spider and Coupe are so rare that it is difficult to determine market, but they can easily carry an additional $10k premium. No changes to find 16M in the $120k, and much less chances to find Scuderias in the $145k range. The 458 is in such a higher price range, that it cannot push prices on F430 series that much down due to the gap, the 458 has been in this market for 3 years already, and the F430 series have actually gained value in the last 12 months, and stayed flat for the 12 months before that. I wish they could have dedicated more pages, content and proper research to make a decent buyer's guide. Lot of missing information, plenty of misleading information, and close to nil information on maintenance items which is one of the first questions a potential buyer would have on these cars.
I thought that it was a superficial review. Beyond that, having recently purchased an '08 F430, I can tell you that their pricing guide is way off target.
+1 Even Wholesale prices on a 08 F430 is waay higher than the $135,000 which they have as the high side?. I was offered $153,000 from a wholesaler 3 months ago on my 08 F430 with 5200 miles. Was considering selling to get a 458 but 458 prices are still too high for me to take the plunge. I guess they forgot to include 08 and the few 09's in the pricing guide lol.
+2; They should have broken the pricing down by year, would have helped on the "base" 430 and spider.
Read the article in my issue today. Problems with headers. 19" wheels prone to bend. Was sitting on the deck reading my Forza and the thought came to me: why am I reading about Fcars when I could be driving one. Not much traffic. Had a blast. One of my best Fcar days ever. Life is good. Life is better driving a Ferrari.
Values look low to me too. The problem is the author: Michael Sheehan. Basically a broker for older "Enzo-era" cars, he is consistently bearish on the "Montezumelo-era" cars. I think Ferrari Market Letter and/or the collective wisdom of members of this board is a much better indicator of the current market.
Maybe these prices are for higher milage cars? When you look on fleabay and all the others those prices seem to be for the higher milage cars.Just saying, what do you guys think?
Seems time to revisit this again 2008 430 Scuderia 16,000 miles. Yellow with black interior. Asking $164,000
