I have been looking at 456 prices, and I have been wondering. Is the cost of a functional 456 actually worth more than a parted out 456? Does anyone know what engine, transmission, body panels, electronics, interiors, etc cost? Maybe the price of a 456 has fallen through the floor if the parts are worth more than a fully assembled car!
The parts are always worth more even if a retail person like myself trys to part the car on say ebay or Fchat. The problem is you sell the first 1/3 very fast and you think you are a genius ready to change prefessions into ferrari wrecking. Then the next 1/3 sells very slow and you are wondering if this is such a good idea but you are too deep to return to a whole car. Then the last 1/3 you can't give it away.
+1 and if you do a cursory search on salvage sites, or even ebay at this particular moment, you'll see the current prices...and not selling.
ebay has had a long term listing at $25k NOW, down to $15K which sounds like a steal: http://ferrarichat.com/forum/showthread.php?t=138689 but according to Rifledriver they could be had for considerably less: http://ferrarichat.com/forum/showthread.php?t=214421
In Wall Street terms this would be called a company's break-up value, and when a company's stock price dips below break-up value out come the Gordon Gekko's of the world to parcel out the pieces. But, in the case of Ferraris, the earlier respondents were right: You might get a pretty penny for the engine and tranny and side bits, but then you'll have a carcass of a 456 that no one really wants and no one can do much with. One would think that cars like Ferraris get stolen all the time. But, actually, any insurance exec will tell you that few really do because there's almost no market for the parts. Too few cars out there when compared to GM products that are largely interchangeable in millions of cars. Hence, most stolen cars year after year are Camrys and Camaros. ketel
+1. and on the insurance part, correct. AAA, my insurance = very low. They hardly ever have one stolen, more like wrecked. Had two cars in my garage once, both had the keys in. One was a Ford Pickup, the other a newer, fancier Eclipse. Came out one morning and found the Ford gone. Found a couple days later with the steering mech. taken out, rest left. We turned it into the shop for repairs, and he said, 'oh, THAT part, they are so difficult to get there is a waiting list'...THUS why ours was stolen.
