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430 How much more is resale red worth?

Discussion in '360/430' started by goto35march, Apr 10, 2020.

  1. goto35march

    goto35march Karting

    Jul 23, 2009
    162
    Everyone keeps telling me resale red

    So how much more is it worth?

    F430 spider


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  3. Jason Crandall

    Jason Crandall F1 Veteran

    Mar 25, 2004
    6,225
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    Shop blue cars and you’ll see
     
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  4. EastMemphis

    EastMemphis Formula Junior
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    May 25, 2019
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    If you're buying a color because of resale, that kind of defeats the entire purpose, right? Buy the color that appeals to you, and that you can find. When I first was shopping for my 360, I wanted a resale red but then an Azzurro California car came along that was mint and it appealed to my inner self much better than common red.

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  5. KC360 FL

    KC360 FL Formula 3
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    Jun 20, 2017
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    The red Ferrari is the cliche'. Some folks like living the cliche'. Some like red. Resale for some may be easier.
    But with that said, I'm betting unique exterior and interior color pairings will have their market among those who buy what they like and cut their own path. And with some, the rare colors are the sought after ones that will bring above average money.

    Selling a red Ferrari puts you in the pool with a lot of other folks and I'm thinking it can make an average car a lot harder to sell.
     
  6. Jason Crandall

    Jason Crandall F1 Veteran

    Mar 25, 2004
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    Beautiful
     
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  8. 3POINT8

    3POINT8 F1 Rookie

    Jan 23, 2014
    2,702
    I do not look at a red Ferrari as cliche. I look at is as historical. And, frankly, nothing takes your breath away as a much as a red Ferrari.

    You can sell a red Ferrari for more but you also pay more to buy one. It's a wash in my opinion. Only real benefit that I know of is that you will likely be able to sell a red Ferrari faster.

    Note - I'm not trying to put down other colors. I hope to expand my horizons at some point. The blue Ferrari above is a great example.
     
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  9. DrPaul

    DrPaul Rookie

    Dec 27, 2018
    21
    Grand Rapids, MI
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    Paul M. Strickler
    I've owned three Ferraris (still have two of them). The first was black and the next two were charcoal gray. I say go with the color you like best.
     
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  10. vrsurgeon

    vrsurgeon F1 World Champ
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    Dec 13, 2009
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    If I had to guesstimate I'd say 5-10% more.
     
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  11. EastMemphis

    EastMemphis Formula Junior
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    May 25, 2019
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    That seems about right to me. Perhaps closer to the 5% mark. That's the ask, not the sell.

    When I bought my car, I had the choice between two, a Rosso Corsa and the Azzurro California one I bought. The difference was about $5k. Both cars had about the same miles and pedigree. The money wasn't the thing that made the deal for me as that was noise in the signal.
     
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  13. Skidkid

    Skidkid F1 Veteran
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    Aug 25, 2005
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    How much more than what color? Black tends to get less and yellow is less still and generally hard to sell. While I would never buy one, silver is popular. I bet 10 years ago you couldn't give away a white Ferrari but today there is demand. What's the gap? Who knows and it really depends on what you are measuring.
     
  14. Dewinator

    Dewinator F1 Rookie
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    Jun 22, 2017
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    The mistake is thinking it's about value. It's not, it's liquidity. Other colors have a greater spread between the bid and the ask because they're less common. If you have to sell right away, yes red will bring a higher price. If you have time to wait, the highest prices can be fetched by rarer colors.
     
  15. A_Scuderia_F430

    Oct 31, 2012
    34
    Germany
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    Michael
    The Ferrari scene must be the most worrying group of people I ever came across.
    Or if it's a US thing... Don't think it's the same in Europe.

    Are you buying a car with a spec because you want one and dreamed about that fantastic color and spec, or do you buy what the next owner would like?
    It's not an investment, it's a driver.
    Stop worrying about depreciation and value, get the car that you've dreamed about.
    The time will never be just right!
    Drive it, enoy it. If you ever sell it, you'll get what you'll get.
    If you can't take the depreciation, maybe you can't afford a Ferrari?
    Then save up more money and wait another year, and then get what YOU want.
     
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  16. Need4Spd

    Need4Spd F1 Veteran
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    Feb 24, 2007
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    Silicon Valley
    This. Someone looking for a TdF Blu car will pay asking price because they will have been looking a long time and there aren’t many of them. But if the owner needs to sell in a hurry, unless lucky that a buyer who has been looking is on the market at that precise point in time, it may not sell as high as a comparable red one. If your car is red, you may have an easier time selling it, but it won’t necessarily fetch a higher price because it likely will be competing with several other red cars, and they may be in better condition or have different options. All of these statements sound contradictory, but each is true.


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  17. goto35march

    goto35march Karting

    Jul 23, 2009
    162
    only reason i ask i actually Ferrari dealer salesmen was telling me "THIS IS RESALE RED. COME ONE YOU HAVE NEVER HEARD OF RESALE RED"

    Wanted to punch him lol (this is ferrari of san diego.)
     
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  18. redcaruser

    redcaruser Formula 3
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    Apr 8, 2012
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    There are just too many bad salesmen in this world.
     
  19. Zed82

    Zed82 Formula Junior

    Sep 28, 2017
    395
    Gothenburg
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    Zlatan
    US market is very special. I think the Europeans owners are more laid back and drive their cars more in general.
     
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  20. jjsaustin

    jjsaustin Formula Junior

    May 11, 2008
    579
    Austin, TX
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    Jim
    Agree with everything above....

    For most people buying a Ferrari represents "buying" the car of their dreams.... Get the color that you want.

    Some people would tell you to get a certain color so you can "sell" the car of your dreams.... It just doesn't make sense to me.
     
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  21. cole328

    cole328 Formula Junior

    May 9, 2014
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  22. KC360 FL

    KC360 FL Formula 3
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    I have more than a few cars I have built for myself by myself. I have never built a car for the next owner.
    Concerning cars I bought for myself; I have never considered how much resale would be affected by anything I chose to buy, upgrade, or improve-- and never what color I would live with.
     
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  23. Manda racing

    Manda racing Formula 3

    Feb 25, 2015
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    Mark
    It’s a tradition thing.... worn out one you might say. “ just as long as it’s red....”
     
  24. KC360 FL

    KC360 FL Formula 3
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    And of course, if you like red, then buy a red car. Me I like the non traditional. And I can tell you I get compliments on the color of my 360 (azzurro blue) all the time. Not sure without the unique color combo the I would get the same for the expected "red Ferrari" --- not that it matters to me. Just saying that most seem impressed with the color being "not red".
     
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  25. cole328

    cole328 Formula Junior

    May 9, 2014
    819
    Ya. That blue is gorgeous


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  26. jjsaustin

    jjsaustin Formula Junior

    May 11, 2008
    579
    Austin, TX
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    Jim
    You know if you are thinking about getting red just because it has higher resale value, realize you are buying the car used so you will be paying more money up front because you are buying the car from someone that has the same perspective. In other words, while the resale value may be higher on red, you are paying more for the car to begin with so it is a wash.

    If you were buying the car new and all colors cost the same that is the only time to get red, for the sole purpose of resale value.

    Again if you like red, by all means buy red
     
  27. Alpintourer

    Alpintourer Formula 3
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    Jul 20, 2013
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    I'll give my unsubstantiated and highly biased opinion...

    I think you will find that used Ferraris that are red will have more previous owners than other colors.
    I think red is the color most first time owners chose as it is iconic, and its hard to mistake it for anything but a Ferrari.
    People with non-traditional colors buy them because they love the way they look, not because they are thinking resale.
    My first Ferrari (308GTSi) was red; ironically it had been painted over that light metallic blue. It also had about 8 previous owners.

    If you like red, buy it.

    Disclaimer: My current Ferrari is blue as was my previous one. I currently have two other blue cars in the garage.
     
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  28. Ianjoub

    Ianjoub Formula Junior

    Dec 22, 2019
    758
    Homosassa, FL USA
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    Ian Joubert
    This reminds me of when the Ducati 916 motorcycle came out.

    They said you can get it in any color you want, as long as it is red!

    For me, if it isn't red, it isn't a Ferrari.

    Other's views may differ.
     
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