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Ferrari-the Ultimate classic (Ferrari Lovefest Topic)

729 messages,  Last post on Nov 01, 2008 at 8:45 AM

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#652 of 729
The markup on the Ferrari F430 is Outrageous!!! by mymercedes
Jun 15, 2005 (8:27 pm)
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Does anybody know that the markup for a F430 coupe is over 50K and for a F430 Spider is as high as 150K over MSRP!!!
    I am a loyal Ferrari enthusiast and have always wanted to own one. So far my favorites are the F355 and F360, Both of them are truely beautiful and affordable compare to the extreme levels like Enzo or F50,.When the F360 just came out back in 99, the dealers put markup on those cars as high as 100k over msrp, but now its 2005, the F430 is already out on the market. So you can own an used F360 with low milege around the MSRP. But when i heard about the markup on those F430, i really think we should have a law to Ban markups on cars. The Ferrari company did not make cars to make their authorized dealers to overcharge the customers and making the car a merchandise for people to trade around to make money with. I just saw on ebay last week that a person who is selling his spot of a F430 Spider for november delivery, the bidding amount is already 130K and the reserve is still Not Met. The surprising thing is that there are actually alot of people bidding on it. If you add up the total amount, you will end up paying around 400K for a F430 Spider when the MSRP is only 200K.
     Personally, I'd rather pay 200K for a used F360 Spider than pay double for a F430 spider. I think alot of people on this forum can actually afford a Ferrari but will not be willing to pay double for the car unless you are really loaded with lottery money. Its just not a smart thing to do.
#653 of 729
Re: The markup on the Ferrari F430 is Outrageous!!! [mymercedes] by ksccts
Jun 15, 2005 (8:41 pm)
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Replying to: mymercedes (Jun 15, 2005 8:27 pm)

"i really think we should have a law to Ban markups on cars"
 
Oh, grow up! If you don't like the price, don't buy it. That's how the free market works. Yeesh!
#654 of 729
Besides.... by andys120
Jun 16, 2005 (10:02 am)
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complaining about the markup on Ferraris is a bit like complaing about being too warm in a fur coat.
 
I'm soory you can't afford one but I'm even sorrier I can't
#655 of 729
Re: The markup on the Ferrari F430 is Outrageous!!! [mymercedes] by habitat1
Jun 16, 2005 (1:11 pm)
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Replying to: mymercedes (Jun 15, 2005 8:27 pm)

Ferrari of Washington indicated to me that they do not mark up their cars, under the "normal" ordering process for a Ferrari 430. Unfortunately, the "normal" wait now exceeds 2-4+ years, depending upon the model (coupe vs. spider; F1 vs. 6-speed).
 
What does often happen, however, is that the original purchaser backs out or tries to flip their contract (which FoW does not permit). At that point, it's a free market and FoW will mark up the car to whatever they can get. I was told I could wait 3+/- years for a 430 Spider at MSRP or take a yellow 6-speed that was coming in that had just become available for $75k over MSRP.
 
FWIW, the 430 is an enormous performance improvement over the 360. That from a friend of mine with a 2001 360 coupe that is trading up to a 430 spider. His wait is down to 9-12 months, thanks to his past purchase.
 
Personally, while it was fun to fantasize for awhile, I can't justify either a used 360 or a new 430. They are beatiful cars, but not meant to be driven much. But my brief consideration of a 430 has helped the $100k price tag on a new 911(997) S Cabriolet seem relatively reasonable. Especially given that it matches or beats the 360 in performance, can carry my daughters in the back seat and goes 2 years or 20,000 miles before the first service. Downright cheap by comparison, wouldn't you say??
#656 of 729
Re: The markup on the Ferrari F430 is Outrageous!!! [habitat1] by merc1
Jun 16, 2005 (11:00 pm)
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Replying to: habitat1 (Jun 16, 2005 1:11 pm)

Are you sure the Carrera S Cabrio can even match a F430? I haven't seen anywhere that the 997 911S comes close to the F430 in performance??
 
M
#657 of 729
Re: The markup on the Ferrari F430 is Outrageous!!! [merc1] by habitat1
Jun 18, 2005 (5:11 am)
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Replying to: merc1 (Jun 16, 2005 11:00 pm)

I agree, the 911S does not match the 490 hp Ferrari 430. (The 430's measured performance is actually closer to the Enzo than it is to the 360.)
 
What I claimed was that the new 997 model 911S appears to be neck and neck with the outgoing 400hp Ferrari 360. According to Porsche's published performance stats, the new 911 / 911S do not appear that much faster than the old 996 models they replace. But from the independent tests I've seen, the 911S comes in at anywhere from 3.8 to 4.3 in 0-60 times which isn't far off the 996 911 Turbo and Ferrari 360. And everyone that I have spoken with confirms that the new 997 911 - especially the S model - is an impressive improvement in every way, performance, interior quality, daily driveability, etc.
 
All of this performance is somewhat meaningless, given that my average 0-60 time with my daughters in the back seat would be about 30 seconds. And it's the back seat in the 911 that has me considering spending an extra $65,000 over the cost of another Honda S2000. I miss the days when I could squeeze both of them in the front passenger seat of the S2000 for a 1/2 mile drive to school at 10 mph.
 
#658 of 729
Re: time once again for this question [billymay] by xyzzy
Jul 28, 2005 (6:28 pm)
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Replying to: billymay (Nov 17, 2004 6:25 pm)

The 328 from what I have heard is a bullet proof car. Keep the 15,000 & 30,000 mile maintenance checkups and you should be fine. I have seen many with 70,000 - 80,000 miles on them.
 
Be careful on eBay though. This turned out to be a very costly lesson for me. I purchased a '86 328 from Kessler Auto Group in Miami and did not receive the car as advertised. On 2nd day, car's clutch went and engine blew oil everywhere.
 
My costly advice, have an independent mechanic look over car before final purchase. In hind sight, it would have been well worth a few hundred dollars.
#659 of 729
PPI by tsaupe1
Jul 29, 2005 (6:31 pm)
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Sorry to hear about your misfortune. What recourse do you have since you said the car was not as advertised? You should always get a Pre Purchase Inspection on any Ferrari. A little money up front can save you a lot of money later. Good luck with repairs, they really are great cars.
#660 of 729
Re: The markup on the Ferrari F430 is Outrageous!!! [habitat1] by billymay
Jul 31, 2005 (1:55 pm)
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Replying to: habitat1 (Jun 16, 2005 1:11 pm)

Having owned a 911 and driven a Ferrari, I don't think the choice comes down to performance. A Porsche is a practical but slightly naughty sports car, that tells everyone you can go damned fast and have disposable income. A Ferrari is a rolling lust object, an awe-inspiring bit of celebrity that sounds like an angry race car on the street.
 
A Porsche 997 is the next act in a legendary engineering story. A Ferrari is Cameron Diaz showing up naked at your door.
 
No doubt a 997 is a fine car, better built and possibly better engineered. I'm sure you'll like it, as much as I liked my 993. But don't kid yourself. You're either getting a Ferrari, or you're getting something else.
 
#661 of 729
Re: time once again for this question [xyzzy] by billymay
Jul 31, 2005 (2:07 pm)
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Replying to: xyzzy (Jul 28, 2005 6:28 pm)

Thanks for the reply! Yes, I plan to avoid eBay for many reasons, one of which is that I want to inspect the car personally, and also get a PPI on it.
 
BTW, I think I saw your post on f-chat. I hope that clutch and oil leak issue gets sorted out.
 
I'm probably going to ante up and pay the dealer premium, for the peace of mind that comes with a car that's been gone over and has a 30-day limited warranty on it. It takes a while to find the right car, but I will.

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