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Price of Used F430

Discussion in '360/430' started by jchoi12, May 15, 2006.

  1. jchoi12

    jchoi12 Rookie

    May 13, 2006
    25
    New Jersey
    Full Name:
    Jason
    Finding it impossible to get on ANY wait list without an ongoing relationship, I finally buckled and decided to get a used F430. I got the dealer down to $225,000. Do you think I'm getting ripped?

    The car has the following specs:

    Bodystyle: 2 Door Coupe
    Transmission: F1
    Ext. Color: Silver
    Int. Color: Black
    Mileage: 1,720

    Additional Options:
    Red calipers, battery charger, daytona electric seats, scuderia shields, upholstered top, grey stitching, film protection, Pioneer System with Nav.
     
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  3. ghost

    ghost F1 Veteran
    Lifetime Rossa

    Dec 10, 2003
    9,857
    Singapore
    All a function of the MSRP. Do you know what it is? If not, ask.
     
  4. Carnut

    Carnut F1 Rookie
    Rossa Subscribed

    Nov 3, 2003
    3,711
    Gladwyne PA
    Full Name:
    Morrie
    My guess MSRP low 180's, not a bad deal at all
     
  5. ghost

    ghost F1 Veteran
    Lifetime Rossa

    Dec 10, 2003
    9,857
    Singapore
    Agree - I was guessing mid-$180's. If that's the case, then at a $40K-$45K premium, this is a market deal.
     
  6. Rowdy

    Rowdy Karting

    Sep 1, 2005
    120
    Florida
    I think the MSRP is closer to $205K, the dealer is asking a fair price IMHO
     
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  8. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
    11,251
    Colorado
    Full Name:
    Dave
    If it's a 2005 paddle car, base price is about 180.5K. The options listed would add about 10K more. This car is roughly 35K over. Seems in the park.

    Dave
     
  9. derek a

    derek a Formula Junior
    Silver Subscribed

    Sep 17, 2004
    584
    CA OR
    Full Name:
    Derek
    Is it an 05 or 06?
     
  10. DJ4200GT

    DJ4200GT Formula Junior

    Aug 18, 2004
    352
    Thats the car over at Wide World is it not?
     
  11. mkultra

    mkultra Formula 3

    Nov 3, 2004
    1,640
    Chicago, IL
    Full Name:
    MK Ultra
    yeah, i believe this is the car at Wide World. wow, sounds like you did good for yourself! 15k off the asking price! so much for the inflated asking prices....makes me want to reconsider a Stradale and look at 430's.
     
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  13. Fly'n DutchMan

    Fly'n DutchMan Karting

    Oct 4, 2005
    248
    Agoura Hills CA
    Full Name:
    Sander Brouwers
    That car probably has a $190-195K MSRP and $225K is nice deal on a 2005 silver car. The equipment is right. If it was black or red, $230K's would be okay also.

     
  14. dodgeboy

    dodgeboy Karting

    Dec 29, 2005
    116
    Bloomfield
    Full Name:
    Mike
    I posted a simalar question about 1 month ago. My father & I considered selling our set of cars. He as a f430 w/ 500 miles and I have a 360 w/ 7500 miles. My responses varied to say the least. The overall take away for price was the f430 was worth at least 225 or more. The sticker was 190, less sales tax. It has 500 miles, paddles, calipers, leather interior and badges if that helps. I think 225 for a f430 is a good deal. The f430 was selling for nearer 250 a few months ago. Our F430 is not for sale. but best wishes in your search. A great car indeed.




     
  15. jchoi12

    jchoi12 Rookie

    May 13, 2006
    25
    New Jersey
    Full Name:
    Jason
    Would've been better if I could've gotten a 430 with lower miles, but what can you do?

    Resale on a red f430 is higher? Something to consider next time around. :) Silver looks awesome to me IMHO.

    Thank you all for all the input. The last thing I want is to feel gypped, even though I'm sure once I drive it off the lot I probably wouldn't care. It is a ferrari, after all.
     
  16. KenU

    KenU Formula Junior

    Oct 14, 2004
    511
    Planet Earth
    Full Name:
    Ken
    Which salesman are you dealing with @ Wide World?
     
  17. Turbo03

    Turbo03 Rookie

    Jun 6, 2004
    23
    El Paso
    Full Name:
    Greg
    Sounds like the right price in March 06.
    MSRP probably 190
    Mark up is currently 25-50 depending on color, miles, equipment options.

    Just do it.

    :)
     
  18. BritBlaster

    BritBlaster F1 Rookie
    Silver Subscribed

    Jul 25, 2005
    2,856
    Bellevue, WA
    Full Name:
    Paul
    It depends -- it's all supply & demand. When a lot of examples of a car are made in non-red colors, then the red might be at a premium since this is a popular color. However, if a lot of examples were made in red, there are people who place a premium in non-red cars (well, they simply won't buy a red car which will force prices lower). I feel that Silver, Red, Black and to a lesser extent blue and yellow are always popular and in-demand colors and so the "market price" of a car will always depend on, at that moment, what cars are for sale, and what buyers are looking.

    And, in any event, why buy for the next buyer -- buy today for what you love the most and what you'll enjoy owning for the years that you are together with your car .... and to hell with resale!!
     
  19. drgek

    drgek Formula 3
    Rossa Subscribed

    Jun 21, 2004
    1,127
    Full Name:
    Gary
    If anyone has seen that car, perhaps they can answer a question for me...

    I've been contemplating installing that Pioneer Nav unit, but was afraid it would protrude to an unacceptable level beyond the slot. Any opinions from someone who has actually seen this unit would be appreciated.

    Gary
     
  20. racerdj

    racerdj F1 Veteran
    Silver Subscribed Owner

    Jan 19, 2003
    6,844
    Indianapolis
    Full Name:
    DJS
    While my Murcie was listed for sale, I lost out on 6 F-430 deals. Five were 05 F-1's and one was Red 06 manual transmission. Miles were a low of 300 and a high of 1800 miles. Prices out the door ranged from a low of 235K and highest was 259K. This was between late February and April 10. IMO if the car is one you would like to own, the price seems fair and slightly below market.
     
  21. jchoi12

    jchoi12 Rookie

    May 13, 2006
    25
    New Jersey
    Full Name:
    Jason
    I just went to the dealer today to drop off the check and opened up the nav unit. And it does protrude from the slot quite a bit... doesn't look as clean as I would like it to be, and when it's fully out, it covers and touches the middle air vent. Doesn't look very nice, but the screen is very crisp and touch screen is a nice feature.

    I think I'm just gonna ride around with it for a while, and if I don't like it, I'll swap it out...
     
  22. F430SilverArrow

    F430SilverArrow Formula Junior

    Dec 3, 2005
    299
    Northern California
    Full Name:
    Robert Spiteri
    That a good price...I am not sure where you are but Nor Cal they are getting 235K-240K

    I was going to sell mine, decided not to, and got $225 from a dealer. I have about the same items... my MSRP was ~$192 and change but I have 4K miles on it. Bought the car on 12/5/05 so most of the warranty is in intact.
     
  23. Bird Man

    Bird Man Karting

    Jul 11, 2004
    175
    N.cal./bay area
    what was your reason for selling the car???
    you only had it for five months??
     
  24. cbreed

    cbreed Formula Junior

    May 10, 2005
    296
    Jonestown, Tx
    Full Name:
    Charles
    I just sold my 430 also, the market is very soft and getting worse. I bet these are get close to MSRP within a year with some miles on them... (the 360 market - OUCH!) Simple supply and demand.
     
  25. masterlu

    masterlu Formula Junior

    Jul 26, 2005
    380
    Florida, Cape Cod MA
    Full Name:
    Ivan
    Um, I don't think so. I get calls weekly asking if I want to sell my car at a profit. Not a chance, it is not replaceable!
     
  26. TBond8

    TBond8 Karting

    Feb 7, 2006
    136
    CT,CA, Europe
    Full Name:
    Thomas
    I have been looking on-line for used F430 coupes. To my amazement there does not seem to be to many for sale. Am I correct?

    I have searched ebay, Dupont, Authorized Ferrari Dealers. I used to receive the Ferrari Market Letter years ago.

    Is the market letter still a good source?

    Have any of you that bought your F430 (not from an Authorized Dealer) used the market letter?

    Where have you looked to find your car?

    Thank you.
     
  27. F430SilverArrow

    F430SilverArrow Formula Junior

    Dec 3, 2005
    299
    Northern California
    Full Name:
    Robert Spiteri
    I didn't sell it. Long boring story. Glad I came to my senses!!!!
     
  28. racerdj

    racerdj F1 Veteran
    Silver Subscribed Owner

    Jan 19, 2003
    6,844
    Indianapolis
    Full Name:
    DJS
    Soft Market?????Not here in the Mid-West!!
     

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