SCUD pricing guide | Page 52 | FerrariChat

SCUD pricing guide

Discussion in '360/430' started by RichardCH, Aug 18, 2011.

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  1. freshmeat

    freshmeat F1 Veteran

    Aug 30, 2011
    7,289
  2. freshmeat

    freshmeat F1 Veteran

    Aug 30, 2011
    7,289
    Late '09 cars had updated resin coating for all the carbon fiber bits that made it more resilient to heat/uv

    There were electrical things that were later remedied in the '09 run as well.

    US carbon package became standard.

    At a certain point in time, the Power warranty structure favored the later build year and earlier production year cars could no longer be qualified for.

    I'm sure I'm missing a few more, but those are what I can think of.
     
  3. scudF1

    scudF1 F1 Rookie
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    Jan 21, 2012
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    Billy
    Interesting... Because a friend of mine has an 09' and all his carbon fiber in the engine compartment started getting yellow. On the other hand, mine an 08' no issues at all.
    As far as the power warranty, it's only good for 7 years. So, in 2016 it will make no difference anyway for either model.
     
  4. CF Shield

    CF Shield Karting

    Oct 22, 2014
    121
    Norcal
    I think it is just the "last year" phenomena plus some minor tweaks. 1998 993 C2S has a preminum over 1997 C2S. 1997 993 turbo>1996 993 turbo.
     
  5. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,832
    Pittsburgh, PA
  6. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,832
    Pittsburgh, PA
    I don't believe that is accurate. I dropped my power warranty this year, but my understanding is that I could continue renewing it until something like 2020 per Ferrari of SF.
     
  7. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,832
    Pittsburgh, PA
    Can you elaborate sir? Curious here.
     
  8. scudF1

    scudF1 F1 Rookie
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    Of course you can renew it every year, but you have to pay. I was just referring to the factory warranty that comes with the car.
     
  9. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,832
    Pittsburgh, PA
    Gotcha. I think he was referring to the renewal also though unless I misread.
     
  10. freshmeat

    freshmeat F1 Veteran

    Aug 30, 2011
    7,289
    As I wrote in my original post, "late '09s" :)

    I guess Ferrari only figured it out towards the end of the production run. Every '08 I have seen has at least gotten the foggy oil coolant cover. I'm sure previous owners or sellers had to have them replaced at some point.

    Electrical issues: f1 relay & loom, battery tender drain/not sustaining charge, f1 pump charge up failure, and a few other things I can't remember.
     
  11. augustxke

    augustxke Formula Junior

    Feb 7, 2009
    412
    MN
    Full Name:
    Bruce
    I have a 08 with 11,000 miles and the only carbon discoloration I have had is on the coolant tank. I have put 9000 miles on the car, great running and reliable car.
     
  12. MaranelloDave

    MaranelloDave Formula 3

    Apr 27, 2010
    2,203
    LA
    Full Name:
    Dave
    If I had to guess, I would say that this is the most likely reason for the price differential. While several folks have identified minor improvements of the '09 cars, my guess is that most buyers have no idea about them and just prefer the the newer car.

    It's funny, for some cars, it's the earliest examples that are worth the most. Mark I e-types and early 308s come to mind. Of course, the earlier cars in those cases were pretty different than the later cars. Beyond cars, the earliest version of things are often worth more than later ones. "Red" Rolex Submariners and Sea Dwellers are examples.
     
  13. bart12

    bart12 Formula 3

    Nov 6, 2008
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    The River runs through it
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    MD Leo
    Prices keep on climbing!
     
  14. Quilty

    Quilty Karting

    Mar 1, 2005
    199
    Pasadena, CA
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    Christian
    No doubt the '09 is worth more even compared to an '08 with the carbon package, but I don't think that there is a rational justification for it. Doesn't mean it isn't true though.
     
  15. tuonoR

    tuonoR Formula Junior

    Apr 22, 2006
    319
    I suspect this will even itself out over time. When F430GT put together his widely consulted pricing model, (http://www.ferrarichat.com/forum/141250542-post566.html) many cars were still under warranty. This is no longer the case.

    While Ferrari's other limited V8 runs have been a single year, if you look at Porsche's limited cars no-one discerns between a 2010 vs. 2011 GT3 RS or 2007 vs. 2008 GT3 RS simply because of the production year. What matters is condition, mileage and the other usual things.

    BTW, I ran the asking prices I've found in June - July through F430GT's equation and the best fit was $225-230k vs. the $185k base he used in 2012. Of course that's asking not selling price. And taking out the 3 crazy outliers (yellow scud at Marshall Goldman, etc.) its more like $220-225k.
     
  16. bart12

    bart12 Formula 3

    Nov 6, 2008
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    BTW, I ran the asking prices I've found in June - July through F430GT's equation and the best fit was $225-230k vs. the $185k base he used in 2012. Of course that's asking not selling price. And taking out the 3 crazy outliers (yellow scud at Marshall Goldman, etc.) its more like $220-225k.

    I LIKE IT!!
     
  17. CF Shield

    CF Shield Karting

    Oct 22, 2014
    121
    Norcal
    I would agree that things even out for most cars and the condition, mileage and color usually dictate prices. However, some cars are exceptions. The last year of the air cool wide body 1998 C2S are going to get a few more $ than the 1997s. I suspect the last of the normally aspirated 2015 Speciale will mean just a tad more than 2014s years from now.
     
  18. arizonaitalian

    arizonaitalian Two Time F1 World Champ
    Owner Silver Subscribed

    Oct 29, 2010
    20,524
    Wyoming

    The factory warranty is 3 years in the US. (Not 7)*

    Then you have to buy a power warranty thereafter. There are three types of power (cube, "normal", Train) warranties covering different levels of stuff and applicable only in certain years post factory warranty. They can be bought until the 10th year (power train only from years 7-10).


    * you might be mixing the 3 year warranty up with the 7-year maint now included on new ferrari's (which is not a warranty, it is for scheduled maint only). And this wasn't around back in 08/09 anyways.


    Sent from my iPhone using Tapatalk
     
  19. scudF1

    scudF1 F1 Rookie
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    I'm not mixing the 7- year maint. coverage that it was first introduced sometime after 2012 if I am not mistaken. I was referring to the power cube warranty which I believe is good for 7 years.
     
  20. arizonaitalian

    arizonaitalian Two Time F1 World Champ
    Owner Silver Subscribed

    Oct 29, 2010
    20,524
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    Okay, I was confused by your comments where you said the factory warranty that comes with the car and mentioned 2016 expiration and 7 years. Neither of those is correct, see below:

    The factory warranty that comes with the car is 3 years.

    Then you can purchase extended warranties with three different levels of coverage, applicable in different years;

    The power "cube" is available for the next two years (4 and 5) after factory warranty expires. (Iirc recently they may allow cube for more than years 4 and 5, but I'm not sure that was applicable to the scuds, I believe it was for post 2012 cars and I only recall some small comments here about it)

    Then "power" (sometimes called power "normal") for 2 years. (See comment above about cube potentially for more than years 4-5)

    Then power "train" for next 3 (up to year 10)

    All of the power warranties are after the original warranty and cost money. (Sometimes Ferrari bundled 1 year of cube in, like in some F430 spiders and iirc a few other times, but even then, again iirc, they listed it on the options list with a price.)


    Sent from my iPhone using Tapatalk
     
  21. RichardCH

    RichardCH F1 Rookie
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    Jan 16, 2005
    4,661
    #1296 RichardCH, Aug 16, 2015
    Last edited by a moderator: Sep 7, 2017
  22. leopoldo

    leopoldo Formula Junior

    Mar 10, 2013
    703
    Italy
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    mark1
    Is thrue that The 16 M is more rare but is Not beautiful as much as The coupe' version... i Think that this is not an opinion but is The reality.
     
  23. galt

    galt Formula 3
    Owner

    Jun 19, 2005
    1,141
    #1298 galt, Aug 16, 2015
    Last edited: Aug 16, 2015
    I think a good argument can be made that sub 5k mile Scuds will appreciate to at least MSRP barring any broader economic problems.

    You can't get a car like that any more from any manufacturer. The new car that replaces it is more expensive and offers a different, although great in its own right, driving experience. It is the last Pininfarina V8 mid engined car and the highest evolution of the 360/430 coupes. As such it deserves a place in a small modern Ferrari collection. Not to mention it is a great car to drive so many will drive them put miles on them and, of course, crash them.

    With more global currency devaluation shots going across the bow I think a good chunk of people may prefer a scud in their garage + the benefits that go with it vs depreciating cash in the bank.
     
  24. ARTNNYC

    ARTNNYC F1 Rookie
    Owner Rossa Subscribed

    Jul 8, 2005
    3,795
    Bonita Springs, FL
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    Jerome
    old saying in the car business "when the top goes down, the price goes up"
     
  25. rumen1

    rumen1 Formula 3
    Owner

    Jun 23, 2012
    1,842
    Bulgaria
    For sure the limited quantity of the 16M has much bigger impact on the price, than the cloth roof :)
     

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