Why get the new NSX when you can get an 07 F430 for $150K with 491 miles 
http://miami.craigslist.org/mdc/ctd/970732701.html
http://miami.craigslist.org/mdc/ctd/970732701.html
Explains why Honda dropped the new NSX!
- Thread starter Jamolah
- Start date
Wow!!!!!!!!!!!!!!!!!!!!
Note to self: Stop dumping money into the NSX, sell car, sell one testicle and buy this
Note to self: Stop dumping money into the NSX, sell car, sell one testicle and buy this
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it's a scam, trust me:wink:
On Ebay it got to $164K and reserve not met...obviously the $150K price is bogus. The average asking price for low-mileage F430s is around $230K. Probably a salvage title or something.
Okay then, here's another one:
http://www.autotrader.com/fyc/vdp.j...=&transmission=&max_price=150000&cardist=2358
I see F430 goes as low as $135K and 04 Gallardo goes for mid $90K. Market for exotic cars took a dump last year.
Yes, but that's an 05 with 15K miles on it. Still doesn't explain the 07 with <500 miles going for $150K.
I didn't realize you could put 15,000 miles on a Ferrari. It's probably ready for a engine rebuild...
Australia's cheapest Gallardo = US $190,000
Cheapest F430 = US $228,000
Time to put some of these American cars on boats and ship them over here!
Cheapest F430 = US $228,000
Time to put some of these American cars on boats and ship them over here!
Yes I agree that 07 seemed too good to be true. And as you’ve stated it hasn’t even reached it’s reserve.
But you still can’t deny the price on the 05 F430.
I don’t know if you are joking or not, but late model Ferraris have gotten a lot better at being daily drivers. It may not be NSX dependability but….
You guys down under really get fooked. I didn’t realize how expensive cars are in Australia until I started watching Top Gear Australia. Wow some of the prices are crazy. Would it be worth it to ship down there?
You'd need to add the cost of shipping, import duty / taxes, compliance, and RHD conversion. Then reduce something from the selling price because the car has been molested... then wait a few months to sell it. It's not a no-brainer
But yes we do get fooked on imported cars. Aussie 05 NSX sticker price = US $182,400 in today's dollars. Maybe they dropped the NSX because the real value was as a marketing tool, they weren't interested in actually selling it to begin with?
Why are exotic cars now so cheap in the US whilst courtside tickets to Lakers-Celtics regular season game are still selling for US $10,000??
Has the doom and gloom only reached the wealthy, not the ultra-wealthy?
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Well, again, I'm not sure one can draw a conclusion about the list price of $150K on Craigslist. The car bid higher than that on Ebay and reserve was above $150K. I think that $150K price was a typo, inaccurate or both. Why would the reserve been higher on Ebay if the owner was willing to part with it for $150K?
And I agreed with you on the 07. I was referring to the 2005 F430 on autotrader.com for $145K
http://www.autotrader.com/fyc/vdp.j...=&transmission=&max_price=150000&cardist=2358
You can't deny that price.
If it's not salvage that's a good deal indeed.
Dude, that car's got almost 16k miles on it... That's like 160k Honda miles.
Plus it's a 2005, that's like... A Grandma in Ferrari year...
What was the MSRP for that car back in 2005? $170k?
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Hahahahaha… Yah it’s true 15,000 miles is a lot on a Ferrari ;-)
Oh sure MSRP might have been $174K + ~$10K for the F1 + whatever it is for the the leather combination. You’re probably looking at $190K before any taxes. But nobody pays MSRP on a new Ferrari. I’m sure the original owner paid at least $50K over MSRP (I’ve read / heard of people paying as much as $80K over MSRP for a F430).
"What was the MSRP for that car back in 2005? $170k?" Not many were paying MSRP on 430's there was a FNA dealer markup, (had to have your name on a list and such) and until last year was 25k to 40k + on top, where most Gallardo's were sold at MSRP. I feel for the 430 guys as they have not only lost the car value, but got stuck with the stealer markup as well...
Prices on everything are dropping especially the high-end stuff. Two McLaren SLRs sold for $197K and $193K, it was $500K new, yikes.
I realize the Gallardo’s haven’t depreciated as much as the 360 and F430. But they are dropping as well. How much was a Gallardo new, ~$180K you can pick-up an ‘04 in the low-$100K high-$90K, correct?
By the way is that your Gallardo in the Avatar? If so, beautiful ride!
F-car values are continuosly dropping in the bay area where exotics used to run around like Civics but with many guys taking 2nd/3rd mortgages to flaunt their "imaginary wealth" now they are all GONE GONE GONE.
A lot of people were doing fire sales to liquidate what they can quickly to pay off their high interest LOC's that have adjustable rates ~ quite scary. I can only imagine having a loan for $200k at 8% interest on a car that used to be worth $200k and now is worth $150k. The owner not only loses $50k but still has to make payments till the car sells - certainly not a scenario I want to be caught in.
Most of these types of cars should only be bought in cash. I had a chance to buy one a few years back but thank god I didn't do it. I actually make a small bit of money on my 997 GT3 and got into the NSX at the right time. Feels good to have a nice NSX and an extra $50k in the bank
My girl suggested the other day I can sell the nsx if I wanted to buy a F430 and I said no thanks ~ I like my current position much better.
rk
A lot of people were doing fire sales to liquidate what they can quickly to pay off their high interest LOC's that have adjustable rates ~ quite scary. I can only imagine having a loan for $200k at 8% interest on a car that used to be worth $200k and now is worth $150k. The owner not only loses $50k but still has to make payments till the car sells - certainly not a scenario I want to be caught in.
Most of these types of cars should only be bought in cash. I had a chance to buy one a few years back but thank god I didn't do it. I actually make a small bit of money on my 997 GT3 and got into the NSX at the right time. Feels good to have a nice NSX and an extra $50k in the bank
My girl suggested the other day I can sell the nsx if I wanted to buy a F430 and I said no thanks ~ I like my current position much better.
rk
Why get the new NSX when you can get an 07 F430 for $150K with 491 miles
http://miami.craigslist.org/mdc/ctd/970732701.html
http://patrick.net/housing/crash.html
The same crises which looms over real estate has trickeling to the auto industry and soon eleswhere.
Its a grea time to buy a home and an Ferrari, I have been yearning for an Fcar for some time now:biggrin:.
I would rather buy a Modena for $75-80 and invest the rest on a third piece of property I hear the market in Florida and Texas is growing faster than anywhere eles.
LET IT DROP BABY!!! This way I can snatch one up and flaunt my wealth around on my beer budget.
"How much was a Gallardo new, ~$180K "
04 $167k and thanks it is my car...
04 $167k and thanks it is my car...
F-car values are continuosly dropping in the bay area where exotics used to run around like Civics but with many guys taking 2nd/3rd mortgages to flaunt their "imaginary wealth" now they are all GONE GONE GONE.
A lot of people were doing fire sales to liquidate what they can quickly to pay off their high interest LOC's that have adjustable rates ~ quite scary. I can only imagine having a loan for $200k at 8% interest on a car that used to be worth $200k and now is worth $150k. The owner not only loses $50k but still has to make payments till the car sells - certainly not a scenario I want to be caught in.
Most of these types of cars should only be bought in cash. I had a chance to buy one a few years back but thank god I didn't do it. I actually make a small bit of money on my 997 GT3 and got into the NSX at the right time. Feels good to have a nice NSX and an extra $50k in the bank
My girl suggested the other day I can sell the nsx if I wanted to buy a F430 and I said no thanks ~ I like my current position much better.
rk
It’s crazy to think people actually leveraged their Home Equity to purchase a $200K car. That’s just crazy. I’ve wasted a lot of money (to me) on cars but even I know that’s a stupid decision.
And people wonder why we’re in this mess?
Well then the Gallardo's have faired a lot better vs the F430.
Maybe all this will put an end to inflated Ferrari prices and a 2 year waiting list. Not that it matters to me I can't afford it either way.
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