What happened? Scud prices..

Yep it is still a one way street, the last 12 months have been dramatic some have shed 80K+ in value it seems but maybe they were a tad overpriced originally but now excellent value

 

Some did pay a lot over MSRP for the early '08s. Notwitstanding the economy, I believe Scuds were priced higher than the 458. And based on reviews by automotive pundits, the 458 is a better car all around.

 

tx. Ferrari ! just a pity the 458 is so damn ugly from the front

 

That's an excellent value. Good luck with the sale.

 

I bought a new 09 at 40K under msrp. I drove it a bit before converting it into P 4/5 C.

Thought it was a very nice sports car. I'd definitely buy one over a Calif.

Here's what she looked like, what she looks like today, and what she'll look like soon.
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Jim, very nice of you to stop by and throw a hand grenade into the Scuderia market value.

 

The one I bought was one someone ordered and didn't buy. At the end were a few new ones looking for buyers...

 

Well I think having spoken with some insiders at Ferrari, the impact of 2008 was greater than externally perceived on them and many Scuds were produced without a Client order and then later resold for whatever the market would bear.....

 

Simply AWESOME! Just cannot wait to see it!

 

That is a very good price.

 

Tracked / drove a scud for the first time this past weekend and was really surprised at how much better it is over the F430. @200k this is a lot of car/power. Surprisingly there are quite a few of these cars that have very low miles. Should be interesting to see how the supply factor of these cars ripples through the previous (and current, i.e., Cali) models.

 

This is amazing!

How much of the original car is being used?

 

Not exactly sure why Scud's pricing has become a hot potato over say the CS? Its probably due to them not being that limited so prices are falling. Most of the people who can afford one will have already flipped out of it to get a 458 or something they're not going to take a huge hit on? When tanking many are afraid to jump in until there's some kind of bottom. Whatever the reason looks to be a big supply on hand and prices are sliding.

 

IMHO the Scuds will depreciate at a normal rate from this point. I think that it was indeed the 458 that did them in -- just look at the premiums the dealers are charging even in this economy. (BTW the wealthy are making as much if not more money than ever.) In a way, Ferrari is to blame ... but then again how can we really complain that the 458 is so good?

But what I really wanted to comment on was your curious (to be nice) inclination to get a 458 vs a Scud because you hope they will also see a normal depreciation as opposed to the accelerated scud deprecation. Used cars always take the biggest depreciation the first year, obviously since that's when they are no longer new for the first time. So there is a certainty that that rate won't keep up. OTOH a 458 will see a heavy first year depreciation.

But, even if a Scud at $200k sees a further 33% depreciation and a 458 at $325 (ish) sees only a 20% depreciation, the 458 depreciation (65k) will still match the Scud depreciation (66k), even though the rate on the Scud is much much higher! (60% higher!!!) And don't forget the extra tax you've paid on the 458 as well as the extra insurance. That's just a theoretical case to show the worst case (equal loss). In reality the Scud won't depreciate that much and the 458 will depreciate quite a lot (as it will be new) so even though the 458 may have a less or even equal depreciation rate you will lose a lot more money on it.

I know that's hard to wade through but the point is you never look at depreciation rate alone, you only look at it to compare absolute loss. Would you rather have 20% of a million or 33% of $100k?

My final thought is, if your decision hinges on how much money you are going to lose on a Ferrari, well you're using the wrong criteria.

 

I was at the grand opening of Ferrari Maserati of Vancouver last week where a wide variety of F cars were lined up for display. Within a few yards of one another were a rosso corsa CS, a roso corsa Scud and a roso corsa 458. My perception is that both the CS and the 458 were attention grabbers with the Scud somehow missing out. Why would this be so? On the one hand, both the CS and the 458 are regarded as relatively beautiful by a large majority of people (even those polled agree) whereas the Scud isn't a visaul/aesthetic star in the same league. On the other hand, the 458 trumps the Scud in performance, thus relegating it to a second best place in terms of 'value for money'. Even the CS doesn't do so badly, with many claiming its rawness and banshee wail compensate for its relatively less torque and acceleration compared to the Scud. In a nutshell, I think the Scud has become sort of a 'lost sheep'. It was launched to be the head reindeer but somehow has fallen into the second row and in the middle of the pack. It's just not on people's 'desire curve' to the extent needed to keep prices from tumbling. I'm not suggesting its not a great performing car or good value for money (in technical terms) but merely that its lost its magnetic appeal to potential clients.

 

A strange phenomenon indeed. Where I live, the Scuds are holding their prices very very very strongly.

 

wow, The price range and variety is impressive in the US. In Puerto Rico these vehicles are way more expensive!

 

Paul, good explanation.

 

that may be what you think but to me the 458 looks to much like a honda from the front and have you looked in the engine not great when you see inside the scuds engine it looks amazing also the speed are we talking about on a runway otherwise on the road or racetrack not big or any gap if any down to the driver i am afraid points of seconds on road do not matter down the years the scud will be worth more than the 458 due to over the next few years they will build a lot off these cars and the value will drop below the scuds and even the stradales

 

The chassis for the Race version.

For the street version TBD.

 

fasp430 - and the informed opinion of a 12-year-old, who flunked English grammar... That's the longest run-on sentence I've ever seen!

 

again thats your opinion i am not here to slag off other people on this site but you must have a problem if thats your thing

 

I for one am awaiting low mileage, no story '08 Scuds to be available at $175K. Then I'm seriously in the market. Anyone have any ideas when this may occur?

Bish

 

That's a bold prediction. Another opinion; I think the 360 and 458 are gorgeous and the Scud reminds me of a mitsubishi. Don't mind me though. I also think a Guillardo looks like a really fast Prius. We all have our perceptions. But one universal truth is anything new, any depaturture from tradition, comes with it's detractors. A new look often grows on people who don't like it initally.