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How is the Scud market holding up ?

Discussion in '360/430' started by Pransingh Horse, Oct 26, 2008.

  1. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
    11,248
    Colorado
    Full Name:
    Dave
    Sort of reminds me of 1994-5 when dealers were still trying to unload 348 SS's except there are a lot more scuds than the 115 SS's.

    Dave
     
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  3. spyderman

    spyderman Formula 3

    Nov 4, 2003
    1,491
    Toronto - Canada
    Full Name:
    Spyderman

    Firstly...congrats on your new car. Great color combo!!

    I would agree that saving $25 g's is a good agurement for getting an 08. :)

    If a dealer is selling between $285,000 and $295,000...what would they pay for the car on a trade in with 2500 miles, $260,000.
     
  4. darth550

    darth550 Five Time F1 World Champ
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    Jul 14, 2003
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    Every dealer seems to have one or two. Lowball baby!
     
  5. Prancing 12

    Prancing 12 Formula 3

    May 11, 2004
    2,306
    The long way home
    If brand new cars are at ~$290, that would make the trade number on a car with 2,500 miles (relatively high for an 08 Scud) much less than $260 ;)
     
  6. jeff

    jeff Formula 3

    Feb 19, 2001
    1,924
    North America
    My car is an 08 with a MSRP at $299K. If I had to sell my car tomorrow my dealer told me wholesale is $250-$260K.
     
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  8. SrfCity

    SrfCity F1 Veteran

    Nov 1, 2003
    9,842
    Orange County, CA
    There's your target. Anyone selling privately that is threatening to turn it in to the dealer is faced with these numbers. This is what I'd be shooting for. Talk about a crash.
     
  9. darth550

    darth550 Five Time F1 World Champ
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    Jul 14, 2003
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    It ain't over either. Anyone buying now had better be putting 10K miles/ year on her or else they're blowing it even more.
     
  10. DM18

    DM18 F1 Rookie

    Apr 29, 2005
    4,725
    Hong Kong
    Smart
     
  11. Tipo815

    Tipo815 F1 Rookie

    Nov 1, 2003
    3,493
    Newport Beach, CA
    Full Name:
    Jeffrey
    Amazing to think that a little over a year ago Scuds were bringing $150k OVER MSRP putting them in the mid-$400k range. By mid summer we'll likely see used 08s in the above mentioned range as actual selling prices. I don't think I can ever recall a Ferrari - any Ferrari (and especially a specialty model like the Scud) - come down in price so quickly! I think 360s held above MSRP for at least a couple of years. Scary times!
     
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  13. rodsky

    rodsky Formula 3

    Mar 24, 2003
    1,601
    Los Angeles
    Awesome car - congrats and a smart move BTW..
     

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