Ferrari Mailing List: Re: New 430 "futures"

[clyderomero (clyderomero]

Good assesment Charles
But the Calif Car will smack the 430 hard
I would get the F1 gear box that's what they use on the grid
The sheilds is a must
Anything else you are just throwing money that will never be recouped in a 
resale

My thoughts

PS less is more!

Clyde
Sent via BlackBerry by AT&T

-----Original Message-----
From: "Charles Perry" <charles [at] carolina-sound.com>

Date: Sat, 20 Sep 2008 23:55:54 
To: clyde<clyderomero [at] worldnet.att.net>
Cc: The FerrariList<ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] New 430 "futures"


I don't have the means to order a new car, but I can tell you that
Ferraris are no longer made in small enough numbers as to be
depreciation resistant like they used to be. As such, I would order the
car the way you want it and just deal with what the residual value is
when the time comes. Trying to guess the market is an interesting, but
futile exercise. That said, you've mentioned custom paint, so understand
that outside of the main resale colors (red, yellow, black), anything is
a tougher sell when the time comes. Blues and silvers seem OK, but color
preferences are cyclical and if you do something weird be prepared to
take the hit later.

I do think a 6-speed will be harder to resell, but I also think it's
more enjoyable and involving. A coupe will probably be more rare than a
spider, and so a little more valuable, but only to people with similar
interests as yours. A coupe is a better car for track use if only
because some clubs/circuits/events will only let you run the highest
speed groups if you have a coupe or a full roll-cage in a spider.

Don't worry about getting extra factory wheels. The Challenge cars all
pretty much use Speedlines and you can order those direct for a lot less
money. I do like the idea of getting some Scuderia parts put on it, but
don't honestly know how indulgent the customization program will let you
get.

The California probably will temporarily push up 430 values. The way
Ferrari things go is that some guy who has never wanted a new Ferrari
before sees the New Model Y and gets the bug. He goes to the dealer,
finds out there is a 2-4 year wait for the new car (as you probably
did), and then either (A) decides to go ahead and buy slightly used
Model X on the floor (in this case a 430) because he can't wait to
satisfy his Ferrari craving while he waits or (B) the dealer "suggests"
that buying used car Model X that is currently on the floor would
favorably increase his position on the wait list for the model he
actually came for. Once enough New Model Ys are in the marketplace, this
artificial bump goes back down in a hurry, until the cycle repeats.

You're quite late to the 430 game (through no fault of your own I'm
sure), so you've missed the "buy it, drive it for a few months, and sell
it for a nice bump" timing. It is therefore my suggestion to order the
car exactly as YOU want it, drive it as much as humanly possible to
maximize the enjoyment/depreciation ratio, and then worry about car #2
later. Maintain the car properly while it's in your care and there will
always be a good secondary market for it.

Good luck!!

-- charles
-- 87 Testarossa
-- 98 355 Spider
-- 99 Diablo VT


-----Original Message-----
From: Adam [mailto:flatcrank [at] gmail.com] 
Sent: Saturday, September 20, 2008 10:53 PM
To: Charles Perry
Cc: The FerrariList
Subject: [Ferrari] New 430 "futures"



This turns out to be a pretty long email, so if you're not interested in
430 ordering, options and prices, here is my effort to save you the
time. : )

After some considerable wait time, I now have the offer to order a 430.
The journey begins.

To finalize the order specifications, I'd like to ask for advice and
call upon the collective wisdom (yes, that means some of you shouldn't
reply ... you know who you are ... : ) of the list.

Almost all of my questions really pertain to an "informed" decision, but
one primary question is meant to help me go from newcomer, to savvy old
hand: "What have you seen in other cars or ordered for yourself from
Ferrari that you would recommend?"  I mean, aside from shields or
Scuderia stripes or perhaps a yellow tach or carbon trim and sports
seats, I'm looking for unique things that only the experienced owners
even know exist.  I'm tempted by special, limited availability paint,
but I'm also looking for savvy advice or ways to get things to happen
(like Scuderia seats?) that might not be offered up to a new customer
like myself unless I do my homework and know how to ask the right
questions.  I'm tempted to get some, let's say, "froufrou" options
(luggage or carbon trim ... this is my first Ferrari ... I'm prepared to
get a little indulgent!) and I imagine the factory delivery won't be as
affordable as Porsche makes it for example, but perhaps there's also
options now offered by Ferrari's customization programs (no, I can't
afford to redesign the whole car in a wind tunnel) that I just don't
know about and the dealer is postponing my efforts to raise these
questions or share any of this information until they're ready to
proceed with the order.  I don't understand why they hold their cards so
close to their chest, so to speak, and it really puts me off the whole
business of dealing with the vagaries and nonsense, but so it goes and
I'm prepared to curb my "bull at a gate" impulses and try to be a "good
customer" because this is meant to be my first -- not my last --
Ferrari.

So, let's get on with the questions:

1. Will a car ordered this month or perhaps next month (Oct) be an '09
model year -- when's Ferrari's cut-over?
2. Will CCBs add value on resale or make the car easier or harder to
sell?
3. Will a 6-spd manual be easier or harder to sell?
4. Will a 6-spd manual be one of the last times Ferrari puts this
transmission in any car?
5. Will a coupe hold value or appreciate/depreciate much the same as a
spider?
6. Will the coming California Spider and GT tend to push up 430 resale
values?


Yes, mostly my questions are about the on-going value of the car.  I see
this car (my first Ferrari ... and I've patiently waited to order a new
car and take delivery at the factory rather than buy a second- hand car
that someone else ordered even if it's all but exactly how I would order
it for myself) as the first stepping stone towards a relationship with
the dealer and while I'm ordering the car to my specifications for my
enjoyment (mostly as a track car) I want to reassess my own opinion on
these aspects related to resale.  As the 430 approaches its end of life,
I could well decide to keep it if Ferrari decides to no long offer a
manual gearbox (I think this is at least a possibility because of the
predominance of F1 gearbox cars and the forthcoming double clutch
gearboxes making the manual just a tiny bit less important other than to
purists ... not that I count myself as a purist, but in buying my first
Ferrari, I want the more intimate experience of the manual gearbox and
I'm less worried about whether my lap times are a few tenths better here
or there.)  I'm still waiting for a Scuderia, but at this late stage,
I've likely missed the boat and I'm happy enough to console myself with
the thought of a dual- clutch Scuderia in my future. : )

If you've taken delivery of a car at the factory, I'm keen to hear more
of what you've learned and what you'd do next time.

Again, for the 430 order, I'll be choosing the paint, wheels and cabin
to my tastes.  I've already run into a few surprises (it's apparently
not possible to order the car with a second set of wheels from the
factory -- this has to happen through a parts order) so I expect I've
only just begun to learn what's in store for newcomers like me.  Is it
possible to order (from the factory or as spare parts, the "face lift"  
items to bring a "normal" 430 up to the Scuderia appearance ... the new
nose is a much better rendition of the 430 in my opinion.)  I'll likely
go with a coupe because it's a track car, but if there's overwhelming
favor for the Spider, for all intents and purposes, I'll be just as
happy to have the spider knowing that it's a car that my wife will be
simply overjoyed to see arrive.  Neither of us would ever be seen
"arriving" at work in such a splendid machine, but at least on the
weekends, we can enjoy it and make a trip along the coast and the
occasional speeding ticket all the more worth the fare.

By the way, I should add that I'm overjoyed to finally be getting a 430.
I bided my time through the 360 (much as I lusted after the car, I
couldn't justify the finances or the distraction from my work.)  I
missed out of the Challenge Stradale.  I've waited quite some time to
finally order my own car since the 430 first came into sight.  If money
can't buy me love -- and I don't let myself forget how lucky I am to
have my wife and children give me that precious gift -- this is
certainly a close second. : )

I look forward to any and all advice.


Adam

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