how much can i sell it for? | FerrariChat

how much can i sell it for?

Discussion in '456/550/575' started by bixel722, Oct 26, 2006.

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  1. bixel722

    bixel722 Rookie

    Oct 26, 2006
    5
    hi...
    i have a 1999 456M GTA with 18K miles on it...
    anyone know how much i can sell it for?
    thanks
     
  2. Nicksta

    Nicksta Formula Junior

    Sep 16, 2006
    535
    DC Ranch & NY, NY
    Full Name:
    Nick Ingle
    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.
     
  3. bixel722

    bixel722 Rookie

    Oct 26, 2006
    5
    so what should i expect to get?
     
  4. GCalo

    GCalo F1 Veteran

    Sep 15, 2004
    7,645
    Northern California
    Full Name:
    Greg Calo
    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.
     
  5. Nicksta

    Nicksta Formula Junior

    Sep 16, 2006
    535
    DC Ranch & NY, NY
    Full Name:
    Nick Ingle
    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.
     
  6. Ferrari_lvr

    Ferrari_lvr Formula Junior

    May 28, 2006
    601
    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.
     
  7. oss117

    oss117 F1 Rookie

    Jan 26, 2006
    4,185
    Plantation, Florida
    Full Name:
    Alfredo
    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
     
  8. Neal K.

    Neal K. Karting

    May 9, 2005
    161
    Clarence, N.Y.
    Full Name:
    Neal
    Any price less than the mid-80's would be a
    bargain for the potential purchaser.
     
  9. bixel722

    bixel722 Rookie

    Oct 26, 2006
    5

    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
     
  10. oss117

    oss117 F1 Rookie

    Jan 26, 2006
    4,185
    Plantation, Florida
    Full Name:
    Alfredo
    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.
     
  11. Neal K.

    Neal K. Karting

    May 9, 2005
    161
    Clarence, N.Y.
    Full Name:
    Neal
    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.
     
  12. LTChip

    LTChip Rookie

    Oct 20, 2006
    23

    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?
     
  13. LTChip

    LTChip Rookie

    Oct 20, 2006
    23
    Shouldn't the belt service be due regardless of milage on a 99?
     
  14. synchro

    synchro F1 Veteran

    Feb 14, 2005
    9,294
    CHNDLR
    Full Name:
    Scott


    Have you changed the fluids, especially the oil?


    With only 4 posts, you're not trolling are you?
     
  15. Diablo456

    Diablo456 Karting

    Jul 27, 2006
    145
    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.
     
  16. LTChip

    LTChip Rookie

    Oct 20, 2006
    23
    Is it me or is that ebay car linked at the beginning of this thread a great deal?
     
  17. Nicksta

    Nicksta Formula Junior

    Sep 16, 2006
    535
    DC Ranch & NY, NY
    Full Name:
    Nick Ingle
    Its a decent deal, perhaps. But, there are no service records.
     
  18. bixel722

    bixel722 Rookie

    Oct 26, 2006
    5

    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
     

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