Highest Price Ever Paid for F430 6-spd Gated MT

Thanks. Looks like it is also sourced off contributions from the web. Probably a good additional source of data.

 

John, I also examined the possibility of a gated Gallardo while pondering my latest purchase. It was between a gated LP Gallardo, a 997.2 GT3 RS and a 430 coupe manual, all around the same price. I specifically wanted a RWD Gallardo and there is a LP 550-2 gated manual for sale here in the UK for 175k GBP.

It looked like a great car and they drive well. However there were thousands of non-LP Gallardos made in stick. And the car is very similar to the quite common Audi R8 V10. Which is a great car, but all detracts from collectablity. And its not a Ferrari and for me the 430 drives more delicately, more precisely.

With the Porsche, it's a more hardcore drive than the 430, which is fine, but who knows where values will go with the new GT3 manual coming out and while I don't think my cars will make me money, I didn't like buying at what feels like the top of the hill. And...it's not a Ferrari.

So it's Ferrari all the way. Unleash yourself!

 

As always, prices are what the market will bear.

I was lucky in that I picked up my 430MT for 78k GBP back in early 2010 when the market was depressed and it's now appreciated somewhat. But I bought it for driving pleasure, not for investment.

I don't plan to sell it in the foreseeable future, and maybe even never (I can see myself passing it down to my son who's now only 6 months old).

So overpriced or not, someone would have to pay me silly money (and I mean a lot more than what's being discussed on this thread) for me to part with it.

Now imagine many more owners with my mindset (let's face it, at this age of the car, most are buying it for keeps not because it's the latest shiny thing on the market), there won't be too many in the market and it'll be up to the prospective buyer to decide what he (or she) will be paying for what is essentially a rarer and rarer commodity on the market.

Raising prices of the 430MT give me a feel good factor but academic as I don't see benefiting from it as I've got myself a keeper.

Now if only I could've kept the 993 Carrera that I sold for $32k back in 2006 when I left the US... (I thought about it but didn't make sense as we drive on the other side here)

 

John, I'm in central London, Swindon is a mid-sized town around 60 miles from here. The dealer in Swindon from which I just bought my 430, Dick Lovett, is the biggest Ferrari dealer in the UK, as it serves a broad and wealthy area of southern England.

 

Johnfe........You hadn't bought that Red spider MT yet???..........Man, you're Burning Daylight, as John Wayne would say.

 

This is an excellent video on the 430 Manual. This guy reviews lots of amazing cars and as you will see he was absolutely blown away by the gated 430.

https://youtu.be/sdXUrTeLkPs

 

+1 Cinque, but the engine sound in the video does not do justice.

 

I still love my gated F430, and don't plan to trade it for an admittedly faster and more trackworthy modern 458 or 488. being of a "certain" age, shifting has always been part of the fun. There's very pretty 6MT Gallardo for sale locally by a reputable, and enthusiastic independent dealer, San Francisco Sportscars. The car is at:

Giallo Midas 2007 Lamborghini Gallardo Spyder for Sale

That's where I bought my 6MT 430 about a year before the insane run-up in values. I suspect the true differential is only about $40K when buyers finally return to earth, but if you see a car you like, don't lurk--- jump in! Over the long run, I don't think that modern F-cars will prove the fabulous investments that their Enzo-era cousins have become, but they sure are more fun to drive than the Enzo-era cars. Buy a car as something to drive and enjoy... if it appreciates, so much the better.

 

Whole heartedly agree with you. A friend was telling me several people interested in purchasing my car. I can't think of a car I would replace it with if I received an offer I couldn't refuse.

 

I believe this car was sold and also it was converted to manual. Someone on lambotalk bought it. 59 LP manuals that is damn rare!

 

looking for SF Bay Area diminished value help - just posted my sad tale on [430] 430 6MT market price thread....should I post here too, to cast a wider net? Just trying to be sensitive about clutter.
tnx unkie

 

I would also try the Ferraris not model specific forum, plus your local forum, as the question doesn't pertain only to 430s.

I read your story, very sad to hear, my commiserations.

 

There was a DV story on F-chat that was in (IIRC) arizona or san diego and an expert in the DV process was ID'd and contributed to the OP and the thread. Sorry I cannot recall where it was, but I can tell its here someplace. Try the search for diminished value in several forums and it should pop up. There was a lot of good info therein.

 

Most of you already know there is a red 05 coupe with 7500 miles at Ferrari of Central New Jersey for $188k. However it has been for sale for 280 days +/-. I am having a very hard time justifying the premium over the F-1 and I have owned both. To me the market is telling them the price might be too high. I offered a reasonable price and was declined.

 

I talked to them about a car once and they told me the price they had the car listed for was to low and they raised the price $10,000 on me when I was making an offer.
I would not do business with them.
just my .02

 

WOW!!

 

I've noticed a few cars I was interested in last 3 months there still for sale but prices have gone up more than 20k asking prices now I'm not interested at all

 

Take a look at the market price thread. My two cents is that clean, lower mileage cars are clearing the market $165 - 180k. A couple above and a couple below that range however, if you have a budget of $170-180 and are patient, you should be able to get a nice car. In the interest of full disclosure, I own a 6mt so it would be in my best interest to talk up the price. Look at the data in the market price thread and reach your own conclusion.

 

I was recently at a dealership that sells high end exotics and I asked them about this same thing. He told me that the dealers realize there are only so many gated 430's out there, so they are willing to hold out for their price knowing that a buyer that really wants one is only going to have very limited choices. Sounds like that is what you are seeing here with the dealer unwilling to negotiate, even though the car has been for sale for a while.

 

I am trying to bring this thread back to life. What are the current market prices for these cars.

 

https://bringatrailer.com/ferrari/f430/
Jan 2024: https://bringatrailer.com/listing/2006-ferrari-f430-30/

 

If you hover over the dots, you can go to the auction. Very nice feature - in my opinion!

The BaT answer appears to be $408,430! The other close results were scuds.

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