OEM or Conversion

I would go further than that. Any aftermarket modification will decrease the value unless the OEM setup was flawed.

 

If you want the manual analog experience for the 599 and cannot afford one of the 3 or so originals (that no one wanted in 2007-2010) and because the origninal pants are no longer available, then go with the EAG conversion and enjoy life rowing a V12. Who cares if it is superior (more fun IMHO) to the F1? DCT has moved on and left the F1 in the dust. I don't need to be faster--- slower is better and more enjoyable at my age.

 

I meant 30 or so, not 3, obviously.

 

My point was that if you had the choice of racking up high mileage on a factory 6-speed versus racking up miles on a converted 6-speed (which would devalue either car), I'd be inclined to rack up the mileage on the conversion.

Now your second question isn't fair because a manual TDF blue/tan F430 with a yellow rev counter is more or less my dream spec, and I don't think that 63k km is particularly high. I'd say it's been driven enough to keep it in operating condition, with the only part I'd be worried about being particularly worn would be the clutch. I think that in the US that would probably be easily a $200k car, maybe even $250k.

 

thats my plan!

 

As long as OEM parts can be put back on, then I have zero issue whatsoever and would do so in a heartbeat.

MUCH better than the absurd wide body kits out there with fake rivets…

 

I just received recently my 2007 F430 conversion with 9,500 miles and it is phenomenal! The shifting is much better than the OEM cars which when they need service will be going to a conversion shop for some of their parts as they are not available from Ferrari anymore. The improved mapping done by AEG along with the turnkey work done provides me a maintenance free car for the next several years or more. Manual shifting this rocket is just flat out more fun!!

 

Nice to hear about a positive experience. Can you elaborate a bit on the feel of a converted car vs. a factory original?

 

The feel when shifting just feels smoother and crisper. This is "my seat of the pants" impression, but it does put a smile on my face!

 

Sold my conversion for $185k. 16k miles, spider, rossa corsa. You think an F1 would bring that?

 

Probably not, but there are always exceptions. Strayman droptops come to mind.

 

This just in. Hagerty seems to prove Dale correct.

Cliff's Notes Summary: OEM Rules!

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Article:

Enthusiasts saw the price difference between the two and realized that the cost of converting a car with an F1 transmission to one with an open-gate manual was less than the gap in values. Consequently, more cars are being converted and appearing on the market. But how does the market value those converted cars?

Ten examples of converted cars have sold (most were F430s, but 430 Scuderia and 599 GTB models sold as well) at auction in the past year. Comparing those prices to the Hagerty Price Guide condition-appropriate value (for the F1-equipped cars) at the time of the auction shows a 9.4 percent average discount and a median discount of 5.3 percent. Needless to say, that’s far less than the 100 percent premium for a factory-built manual transmission F430.

https://www.hagerty.com/media/market-trends/hagerty-insider/gated-community-do-converted-manual-ferraris-get-the-same-respect/?utm_source=SFMC&utm_medium=email&utm_content=MED_UN_NA_EML_UN_WeekendRoadTrip&hashed_email=8e43f6a5abf43ff70e0771781e4993de6c08fd1510eadb1414b4ce6b84c34e12
​

 

I'm confused. Show me one converted car that sold for less than a comparable F1. It doesn't exist.

 

I'm just the messenger. Let the debate begin!

 

I no longer have any "ball in the game" so to speak, but I'd like to see the actual sells they are talking about. I think their data is very flawed. A conversion in my case actually increased the value of my car, substantially, but lately, what I'm seeing from BaT is that people are starting to take a bit of a haircut on the conversion cost, but the prices are still much higher than an F1. I don't think anyone does a conversion thinking they will ever get OEM prices.

 

One factor that may be creating the perception of moving the goal posts is how savvy a buyer may be (have been) and how many conversions the market can absorb over time as saturation is approached. The old "first horse to the trough gets the biggest gulp."

 

That seems like a logical observation to me.

 

Personally, I wouldn't buy a conversion without a real warranty. Modern cars, including Ferraris, are complicated. This is not like the old days where you could drop and replace a transmission under a shade tree. If I couldn't afford to buy the real thing, I'd adjust my sights to something else.

 

F430's are pretty simple and the gearbox was made to swap. But I understand the reasoning you're using. For me, being stranded without reverse on my F1 was enough for me to say F* it. So embarrassing asking strangers to push your car back out so I could drive off.

 

Clutch

 

I see your point. F430s and F599s were engineered to use a manual box. If you can reprogram a F1 black box to be a manual, this could work.

 

Make sure you have $20k on stand by when you fry the clutch- And you will

 

One advantage to growing up motorcycles is you get used to snap clutches. Just make sure you are pointed in the right direction!

 

Which is sad ...

 

I have to agree that reading over the Hagerty piece it really doesn't reaffirm this position. Taking a nearly apples to apples comparison from Bring A Trailer I offer this real world comparison:

(Links to both auctions and details below)
https://bringatrailer.com/listing/2007-ferrari-f430-spider-40/
https://bringatrailer.com/listing/2006-ferrari-f430-18/

Each sold on the same day. The F1 F430 Spider had fewer miles (1 View attachment 3530913 2k vs 14k) than the Converted (by EAG) 6-speed F430 Spider. Same color, condition. The 6-speed converted sold for $11,500 more. More is, well, frankly more.