Picked up an F430 - needs work but is it worth it?

Picked up an F430 - needs work but is it worth it?

Author
Discussion

jimmymidnight

Original Poster:

250 posts

159 months

Thursday 1st September 2016
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To cut a very long story short, I currently have a 2005 Ferrari F430 Spider in my garage that I need to sell. It's red, cream leather with red stitching, carbon driver console, F1, 35k on the clock and mechanically it is perfect.

HOWEVER...

It needs some love to get the top asking price. Majority of the work is small cosmetic work like some new paint and the roof needs a bit of attention, but my question is is it worth spending what will no doubt be a few thousand pounds to get it to a top standard or would I be better off selling it as it is and just taking the money?

Thanks in advance...

johnnyreggae

3,001 posts

167 months

Thursday 1st September 2016
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Have you tried talking to someone in the trade such as Tim at Walkersport who has the facilities to do a decent job on acar once bought in

Just be prepared for someone else's valuation not to be yours especially if there are issues not mentioned yet

jimmymidnight

Original Poster:

250 posts

159 months

Thursday 1st September 2016
quotequote all
Thank you for your reply, I will see if I can get hold of him. To be honest I am not worried about the valuation that much, I know what was paid for it 5 years ago and I know what the market is like at the moment, I just don't want to throw money at it for no reason.

I have been trying to get hold of Marque 1 Cars who are up the road from me for some pricing / valuation help but no one ever seems to answer my calls or emails...

I guess I'll have a bit more of a dig for specialists.

Targarama

14,661 posts

290 months

Thursday 1st September 2016
quotequote all
Surely someone buying this class of car wants a clean and pretty car. If it looks like a shed then the prospective buyer may (rightly so) think what else has been neglected. Spend a few grand and get it tip top. Otherwise punt it cheap if you don't care about losing a few quid. All IMHO.

jimmymidnight

Original Poster:

250 posts

159 months

Thursday 1st September 2016
quotequote all
These are basically my thoughts, however it is not my money to spend, I think i'll get the car checked out and costed and then go from there. The owner would be stupid to not go down the route of cleaning it up properly as there seems to be a very big gap in values, but who knows...

TISPKJ

3,652 posts

214 months

Thursday 1st September 2016
quotequote all
Hi, give Dave or Matt a call at The Ferrari Center who will happily talk you through the SOR options, fairly sure they can place that car quickly and do not charge fortunes for the service.
As part of that the car will go through the workshop and anything that needs fixing will be sorted as they then personally warrant the car not a third party.
Tell Dave I said to call him by all means.

jimmymidnight

Original Poster:

250 posts

159 months

Thursday 1st September 2016
quotequote all
TISPKJ said:
Hi, give Dave or Matt a call at The Ferrari Center who will happily talk you through the SOR options, fairly sure they can place that car quickly and do not charge fortunes for the service.
As part of that the car will go through the workshop and anything that needs fixing will be sorted as they then personally warrant the car not a third party.
Tell Dave I said to call him by all means.
Awesome, I will! Thank you for this.

TISPKJ

3,652 posts

214 months

Thursday 1st September 2016
quotequote all
jimmymidnight said:
TISPKJ said:
Hi, give Dave or Matt a call at The Ferrari Center who will happily talk you through the SOR options, fairly sure they can place that car quickly and do not charge fortunes for the service.
As part of that the car will go through the workshop and anything that needs fixing will be sorted as they then personally warrant the car not a third party.
Tell Dave I said to call him by all means.
Awesome, I will! Thank you for this.
They may after a mechanical check market as is and then let the buyer decide what they want doing cosmetically, personally I would get to perfect within reason and ask good money for the car.

Durzel

12,461 posts

175 months

Thursday 1st September 2016
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Worth bearing in mind - silly as it may seem - but at 35k mileage it's going to attract a different customer segment anyway. No point IMO making it concours if the mileage would put off that crowd regardless.

At 35k I'd be expecting some wear (nothing major) but more importantly I'd be expecting the seller to know he/she isn't going to get garage queen money.

barriejames

898 posts

186 months

Thursday 1st September 2016
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Hi it just so happens I am looking for one lets talk

Just an old porsche fan

76 posts

104 months

Friday 2nd September 2016
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Is it currently advertised on PH at the moment? If so I emailed you about it asking for some more pics. I'm still interested in it BTW.

If its not you, sorry.

jimmymidnight

Original Poster:

250 posts

159 months

Friday 2nd September 2016
quotequote all
Just an old porsche fan said:
Is it currently advertised on PH at the moment? If so I emailed you about it asking for some more pics. I'm still interested in it BTW.

If its not you, sorry.
The car isn't advertised yet as I only picked it up on Saturday and need to sort through the mountain of history when I get a chance this weekend.

ColinM50

2,651 posts

182 months

Friday 2nd September 2016
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Have you spoken to Junction 17 cars in Peterborough? They have some interesting top of the range cars there and Phil seems a good straightforward guy. Leastways he was when I bought from him earlier in the year.01733 247222

red_slr

18,187 posts

196 months

Monday 5th September 2016
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A good salesman will try and sell it as is on the (cosmetic) basis that its not been messed with or had make up applied to make it something its not but it mechanically in very good order. A lot of customers will, and I say this not in a bad way, fall for that sales pitch. Genuine car, genuine paint etc but fully serviced and well looked after. Its a good pitch! Of course if its in proper bad shape then it might need some TLC!