What do you think this 2006 F430 F1 is worth? | FerrariChat

What do you think this 2006 F430 F1 is worth?

Discussion in '360/430' started by kitchenaid, Jun 23, 2014.

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  1. kitchenaid

    kitchenaid Karting

    Mar 31, 2009
    114
    The asking price seems waaay too high based on the damage. I'm thinking it might be a fun project to wrench on in the home garage. What would you guys guess is the right price on this one?

    2006 Ferrari F430 Coupe

    Anyone know this car?

    Also, shouldn't the airbags have deployed...maybe they did and the seller replaced them...
     
  2. English Rebel

    English Rebel Formula 3

    Aug 13, 2013
    2,158
    Piedmont Area of NC
    Full Name:
    Alan
    I guess it depends on whether the chassis/body is bent. That could be major but if not then the rest may be replaceable by a competent mechanic/body man. If you intend on selling it on then you have to weigh the cost of all the parts and repaint versus the repaired value.
    Alan
     
  3. mikeyr

    mikeyr Formula 3

    Jun 17, 2004
    2,154
    Santa Barbara, CA.
    Full Name:
    Mike Rambour
    over priced for the damage, when you get done it will be at most a 100k car and I see more than 30k of damage.

    Now if you want to drive and not sell it, I still think its overpriced but you are right, it would be a super fun project, are you close by ? did I mention I have 2 lifts :)
     
  4. English Rebel

    English Rebel Formula 3

    Aug 13, 2013
    2,158
    Piedmont Area of NC
    Full Name:
    Alan
    Yes -- looks like a lot of expensive yellow box parts needed -- fenders luggage lid, headlights, bumper, grilles, radiators etc etc etc. Hope the suspension wasn't hit. If you don't feel confident I would take a good body man with you to assess what is needed.
    Alan
     
  5. kitchenaid

    kitchenaid Karting

    Mar 31, 2009
    114
    My son is a head painter at a local collision shop and he and I also run an at-home restoration business, so I have a lot of experience building cars and also have contacts who could help evaluate it. Not a lot of Ferrari expertise in this area, however (I'm in upstate NY).

    I think once repaired especially if on a salvage title, it's at most an $85K car. I'd want the completion cost to come in under that, so if it needs $50K of parts/materials for example then it's not worth more than $30K to me.

    Maybe I'm being too harsh with those numbers but I can't see anyone paying anywhere near $67K for it.
     
  6. Cooper

    Cooper Karting
    Owner

    Feb 25, 2013
    227
    London, Ontario
    Full Name:
    Chris Cooper
    too high for sure
     
  7. English Rebel

    English Rebel Formula 3

    Aug 13, 2013
    2,158
    Piedmont Area of NC
    Full Name:
    Alan
    Two radiators, fans and brackets are around $7,000, front braces $5,000, front fenders $17,000, LH and RH inner fenders $2,000, luggage compartment hood with fixings $6,000, bumper and grilles etc., $6,000, rear bumper lower section $3,000 yada, yada, yada. So that there is $46,000 not counting all the braces and brackets. I would guess you are looking at least $55,000 in parts alone and that assumes that the body is not impacted beyond sheet metal and that the suspension is still good. This is certainly doable.
    Alan
     

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