This is going to sound low, but I've had two dealers offer me the same model year for $63k with around the same miles. One just had a major service, the second has no records and some leather damage. For reference: http://cgi.ebay.com/ebaymotors/1999-Ferrari-456m-GTA-NO-RESERVE_W0QQitemZ250043427238QQihZ015QQcategoryZ6212QQrdZ1QQcmdZViewItem An asking price over $70k may be out of the question. But, 456's are just bargains right now. Provided the next 3 years aren't filled with horror stories of valve guide replacements and transmissions dropping out, I would expect big appreciation. Just my $.02.
I don't think I would not use Ian Smith Imports as a reference guide for the value of good quality vehicles! I looked at a 360 there last November/December. He stated with assurances that all the "services" were done. When I spoke to the gentlemen who provided "some" of the "all services done", it was quite a different story. In my opinion I would look to other more reliable sources to evaluate what a reasonable price is for that series and model year.
I'd bet on mid- to upper- 60's. Again, its very history dependent on the car. More records = more price. Again, the car shown above has no service and as I learned, no records.
Very classy four seater Ferrari. Make sure potential buyers hear the V12, then you can probably raise the price...but I'd stil check a Ferrari market report, or dealer prices.
Hi, Look at the Cavallino guide as a starting point and then go a little higher from there. I have seen a couple of '95 456 on e-bay with mileage between 20,000 and 30,000 priced reasonably in the mid 60 and at 60 respectively and they were gone before the bidding ended. I am a firm believer the colour of the car has a lot to do with it as well: green gets spider webs; black is also a slow seller; blue, silver, and red are faster sellers, it appears. Original cars, in good shape are worth more money than cars with silly accessories on them. Good luck, Saluti
i never had any service before what kind of service is needed and the cost? and will it increase the value before i sell it? thanks
If you have 18,000 miles on it and never had any service done, you are probably overdue by 3,000 miles. Check the owner's manual and see what you were supposed to have done on the car. If you have the service done, it will not increase the value of the car, but if you don't and the buyer finds out, it will certainly not be a point in your favour.
This is correct advice. My 456M GT has 10,400 miles on the clock and in less than 5,000 miles the first major servicing is recommended by Ferrari. Averaging 3,000 + miles annually, as I do, I expect to be at Ferrari of Ontario either this time next year or the spring of 2008. Neal.
Are you the first owner? Seems strange to me that you own the car and never thought about servicing it or the cost of service. Service records, color, condition, location, and milage are things that will affect the price. We know your milage -what about the rest?
4 posts, a sucker question about an expensive Ferrari, then a stange claim (no service on a quarter-million dollar car in 7 years?). I think you answered this question. And, BTW, run, don't walk from any Ferrari that hasn't had any service in 7 years.... To answer the question, yes, a lack of any service on a 1999 Ferrari will devalue the car. If I were making an offer (assuming a PPI was satisfactory), I would deduct $6K for the immediate need for a $30k service and another $10K for lack-of-proof of the window fix on the 456.
anyone know if this car above is worth 63K without any service record or is it actually going to sold for less(if yes, how much less)? thanks much