I think so too in the sense that you are referring. I am making an assumption owners will start to realize the 430 will hardly be a sub 90k even if you put a significant number of miles on it. The car isn't appreciating either, so the more reason to drive them. Mileage/usage should bring the car value down a bit more.
Oh I dunno. I just popped over to flea bay and found this without trying hard. Ferrari 430 Spider | eBay
In the present, the best indication of the future is to look in the past. Let's put this into perspective. Ferrari makes limited number of cars of every model. In the case of the 458 for example, even if I had the fund at the time it came out, I was a nobody then. A nobody now for that matter and that statement is probably true for a lot of people here with respect to Ferrari clientele. With that, our chances of owning a new Ferrari is absolute zero. On the other hand, folks who have their Ferrari new are well connected and has a money tree. They compete for ownership of new Ferrari every time a new model comes out. This feeding frenzy creates a hyped up value well above dealer price even after the car is used. This hyped up value holds for many years until a new model comes out. In which case the same folks dump their current car to get the latest. The price then drops steadily. It bottoms out usually after two successor models come out or about 15 to 20 years. In my opinion the 458 won't bottomed out until a successor of the new 488 hits showroom. Hold on to your piggy bank folks the flood gate hasn't open yet.* Now followering the same logic, the 430's haven't hit bottom yet. I believe it will fall into the $75k range once the 488 hit the road in mass volume but you don't have to listen to me I didn't stay at Holiday In
I think you're making some very good points, Roth. 360s can be had pretty cheap if you look and even though the 430 offers more performance a lot of people prefer the looks of the 360, so I think there's plenty of potential 430 downside to be had depending on several factors, the state of the world economy being the biggest. But one big unknown is Maranello's future commitmetnt to older models. They haven't exactly been helpful to 348/355/TR owners, but we're lucky because our cars are simple and straightforward enough that aftermarket companies like Hill Engineering have stepped in and taken up a certain amount of the slack. The $64k question is whether or not there will be decent aftermarket support for the newer technology-laden cars if the factory continues to fail its heritage customers. At this stage it looks like Maranello is targeting the Ju$ta Beaver and Kim Kartra$hian market much more than the diehard car enthusiast. Those customers have no loyalty to a model, or even a marque, so they're always looking for the newest status symbol. That certainly helps depress prices in the resale market but as the values of the glitterati's cast-offs fall, will it be feasible for true enthusiasts to move into those cars or will the cost of parts and difficulty of maintenance still make them bad choices for knowledgable buyers? I don't think we can extrapolate future trends from past paradigms because the current offerings are so complicated that they will not be viable drivers in the future unless the factory starts offering better support to legacy owners, and the current trajectory at Maranello does not lend a lot of hope in that regard.
that car is priced right. there is a big difference between a car with 30k miles and one with 3k miles.
It's interesting how many people on this forum agree with me that the 458 is the first really interesting F-car in years.
