Good-bye my Modena spider... | FerrariChat

Good-bye my Modena spider...

Discussion in '360/430' started by tako, Feb 27, 2006.

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  1. tako

    tako Rookie

    Nov 4, 2003
    42
    #1 tako, Feb 27, 2006
    Last edited by a moderator: Sep 7, 2017
    Hi all,

    I am thinking about selling my baby, 2001 california blue F1 360 modena spider with 9,000 miles on it. I am moving out of USA completely and I guess it is time to find a new owner for her.

    [​IMG]

    I am also selling my DINAN BMW M5 S1 2001 on carbon black color. If you guys are interested in it, please let me know....

    This was first ferrari for me and I even thought about shipping it to Japan but I just think better to sell this USA model here in USA and get local model. Condition is mint and clutch has been replaced with new one at 8000 miles or so. I really do not want to let her go but I hope I can find someone who can take care of her.

    One day, I will come back here with new Ferrari!
    Image Unavailable, Please Login
     
  2. Z400Central

    Z400Central Formula Junior

    Dec 23, 2003
    436
    San Diego
    Full Name:
    Steve C
    Tako,

    I remember you years ago from the M5 board!

    How much are you asking for the M5?
     
  3. tako

    tako Rookie

    Nov 4, 2003
    42
    I am still researching for resale price, to be honest with you... What's the best resources for Ferraris and others to see market value??
     
  4. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    The Ferrari Market Letter has hundreds of Ferrari classified ads in each issue, where you can compare your car to others like it and see what other sellers (both private and dealers) are asking...
     
  5. bobafett

    bobafett F1 Veteran

    Sep 28, 2002
    9,193
    Tako-chan, glad to see yo uare alive. No love! Consign the car with the new dealership. Give it to Parris.

    --Dan
     
  6. tako

    tako Rookie

    Nov 4, 2003
    42
    Dan-chan..

    I miss the days I was having breakfast hugging you....NOT!
    I really miss my ferrari buddies in bay area...

    These days I had affair with bulls but thinking about coming back to horses.

    Come fly see me here in japan!
     
  7. lapeter

    lapeter Formula Junior

    Jun 13, 2002
    885
    SunValley ID&Kapalua
    Full Name:
    Al LaPeter
    Tako,
    I just checked with a F dealer and my 2002 spider, 3500 miles, lots of options, was worth 155K in trade. Top retail maybe 175K and consignment net was maybe 165K. This is a red/tan spider.
    Al
     
  8. Senna1994

    Senna1994 F1 World Champ

    Nov 11, 2003
    13,192
    Orange County
    Full Name:
    Anthony T
    Sounds like your dealer is trying to gouge you. Sell it private, I bet you will get close to your $175K. A friend of mine sold his 03 over $185k recently and I sold my 01 with more miles closer to your consignment mark.
     
  9. simons2k

    simons2k Rookie

    Feb 28, 2006
    24
    Valencia
    Full Name:
    Simon
    Damn that's a beautiful car! I wish I can take it off your hands.
     
  10. bobafett

    bobafett F1 Veteran

    Sep 28, 2002
    9,193
    Interesting, today I heard '01 wholesale numbers are going for as low as 130-140. Obviously higher miles, but...

    --Dan
     
  11. tako

    tako Rookie

    Nov 4, 2003
    42
    Dan, I thought 135-140 is for high milage 360 copue?
     
  12. bobafett

    bobafett F1 Veteran

    Sep 28, 2002
    9,193
    Not a chance. Check with the local dealers - asking prices on 02 coupes with decent miles (sub 20k) are mid 150s to 160s. 01s are lower.

    --Dan
     
  13. Senna1994

    Senna1994 F1 World Champ

    Nov 11, 2003
    13,192
    Orange County
    Full Name:
    Anthony T
    Therefore the Spiders like the 02 (3,500 miles) should be in the mid 170's.
     
  14. AndyD

    AndyD Karting

    Feb 20, 2006
    130
    Snellville, GA
    Full Name:
    Andy D.
  15. tako

    tako Rookie

    Nov 4, 2003
    42
    I thought about 165k or so for mine....
     
  16. bobafett

    bobafett F1 Veteran

    Sep 28, 2002
    9,193
    Way high, IMO. I can buy an 02 with 15k, a major, challenge everything, modulars, extended leather, power warranty and daytona seats for less than that. a lot less. And IMO that isn't a fantastic deal either.

    --Dan
     
  17. lapeter

    lapeter Formula Junior

    Jun 13, 2002
    885
    SunValley ID&Kapalua
    Full Name:
    Al LaPeter
    Tako- I think to sell yourself in a reasonable amount of time (3-6 months) a fair price would be 150K-155K IMHO.
     
  18. tako

    tako Rookie

    Nov 4, 2003
    42
    Ok, Thanks.

    I will consider that range....
     
  19. Hunters360

    Hunters360 Formula Junior

    Nov 18, 2004
    330
    Massachusetts
    Full Name:
    James Wardwell
    Lapeter, The values seem to be dropping fast, I remember you were saying a fair prices for 01-02 Spider in June were 180-190. now your saying 150-155... 30k in 8 months. I got 165 for my 01 with 8k heavily optioned in July.
     
  20. lapeter

    lapeter Formula Junior

    Jun 13, 2002
    885
    SunValley ID&Kapalua
    Full Name:
    Al LaPeter
    Jim,
    Yes prices have dropped some, but in June of 05 a 2002 spider was 170-175K with 2-3K miles. One year older is about 10K less. This car has higher miles and could have more options. So it seems that prices have come down about 10K. Dealer asking prices are always higher. I track this closely as I will be selling my 2002 spider within a year, depending on when my 430 spider comes up. I think I am close.
    Al
     
  21. tako

    tako Rookie

    Nov 4, 2003
    42
    I will put it on ebay for 160k to give it a try,,,,,
     
  22. lapeter

    lapeter Formula Junior

    Jun 13, 2002
    885
    SunValley ID&Kapalua
    Full Name:
    Al LaPeter
    Tako,
    I think you should get some interest in that range. It is a beautiful car.Al
     
  23. ashsimmonds

    ashsimmonds F1 World Champ

    Feb 14, 2004
    14,385
    adelaide, australia
    Full Name:
    Humble Narrator
    modena spider...? :confused: :D
     
  24. coachi

    coachi Formula 3

    May 1, 2002
    2,108
    SC USA
    I agree with Dan, prices are coming down a bit as more "higher" mieage cars are showing up on the market. A fair price for a nice 2001 is around 150 K
    I believe...especially since they are due for a belt change etc...
     
  25. jplayer521

    jplayer521 Formula Junior

    Feb 22, 2006
    617
    FL
    Full Name:
    Jason
    i would like some pics and info on your m5..... im interested
     

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