SciFrog:
Not true IMHO,
Early 07 430 spiders were $400k, now below 200. Normal depreciation.
Actually my AMV8 probably has lost less % wise (35%).
That can certainly be the case for the one or 2 guys that paid $400k for an 07 Spider. Personally I didn't see any 07 Spider's sell for $400k but I don't doubt it could have happened....... "Normal depreciation" that's IF you use the very TOP premium price paid by Mr. money bags paying a huge premium in the after-market. I mean wasn't there a premium the very first AMV8's as well? We wouldn't use that to factor in normal depreciation of an AMV8, maybe there wasn't a premium don't remember, anyway:
To compare fairly imo it would be more accurate to use the price people buying cars from dealerships/majority of cars sold - for the new Spider which was MSRP.
MSRP "early 07 Spider" = approx/depending on options = $225k
Then using your : "now below $200k"
"35%" depreciation would be $145k
No doubt prices have come way down but still hardly at "normal depreciation" levels for the majority of guys that paid sticker/ not counting the few cars that were sold at $150k + premiums. I mean I wouldn't pay over, how many here paid $150k over for a 430?
The depreciation on my 430 doesn't compare to the "normal depreciation" on my 997 Turbo Cab.
Dunno if anyone has looked at the Lambo market lately but $65k off NEW is where the market is at for Gallardo's. 430 Spider's at my dealer are still selling at MSRP & that's at the very tail end of production AND w/ the recession. I haven't seen any other car that does that/still sells around msrp after 4-5 year run & sells in the #'s that the 430 sold. It's not the 'norm' imho.
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08 PORSCHE Turbo Cabriolet, 06 Ferrari F430, 04 Durango HEMI, 04 Harley Davidson Screamin Eagle, 93 Harley Davidson Nostalgia
Shortly there will be arm twisting if someone is interested in getting the 450. It is playing out just as I predicted.
