Depreciation on F430
#1
Depreciation on F430
I'm taking my time to do some learning before my purchase and I'm starting to get into details like depreciation value.
What would the curve look like on something like this: 2007 Used Ferrari F430 Spider 2dr Convertible Spider at Fort Lauderdale Collection South Serving Ft LAUDERDALE, FL, IID 10770491 (note mileage).
What about maintenance costs, specifically for this year/make? Would I be better off buying an '08 with much higher mileage?
Thanks in advance for any answers
What would the curve look like on something like this: 2007 Used Ferrari F430 Spider 2dr Convertible Spider at Fort Lauderdale Collection South Serving Ft LAUDERDALE, FL, IID 10770491 (note mileage).
What about maintenance costs, specifically for this year/make? Would I be better off buying an '08 with much higher mileage?
Thanks in advance for any answers
#3
Well, there have been times where Fcars were holding their value very well. Unfortunately these times ended with the F430 which was produced in higher numbers than its predecessors. We bought our Spider in 2008 for a bit over 200k € and sold it in 2010 for around 110k, which by Ferrari standard is quite a big depreciation! By now F430 prices should be quite stable - until the sucessor of the 458 appears which should be the case in around two years.
If you get one make sure it has low mileage, is a common color like red, black or grey and has ceramic brakes. Cars produced until 2007 had them only as an option. Afterwards they became standard on all Ferrari models.
If you get one make sure it has low mileage, is a common color like red, black or grey and has ceramic brakes. Cars produced until 2007 had them only as an option. Afterwards they became standard on all Ferrari models.
#4
Well, there have been times where Fcars were holding their value very well. Unfortunately these times ended with the F430 which was produced in higher numbers than its predecessors. We bought our Spider in 2008 for a bit over 200k € and sold it in 2010 for around 110k, which by Ferrari standard is quite a big depreciation! By now F430 prices should be quite stable - until the sucessor of the 458 appears which should be the case in around two years.
If you get one make sure it has low mileage, is a common color like red, black or grey and has ceramic brakes. Cars produced until 2007 had them only as an option. Afterwards they became standard on all Ferrari models.
If you get one make sure it has low mileage, is a common color like red, black or grey and has ceramic brakes. Cars produced until 2007 had them only as an option. Afterwards they became standard on all Ferrari models.
Would the new 458 really affect the depreciation?
Anyone else with experience?
thanks for the answers guys
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