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ISUK said:
430s are taking a nose dive in the UK. Out of curiosity I called a dealer yesterday for a price on my 3 month old spider. The shocking news is that it has taken a 40% drop on list in 3 months if I were forced to sell it to a dealer. Fortunately I've no intention of selling it but I don't think the market for F cars here has ever seen falls like that. I also heard a rumour today that Ferrari GB have made a lot of their staff redundant in the past week or so. New 430's are landing at dealers with no buyers and are being pre-registered and driven for a few hundred miles so they can be sold as used cars for well below list. A lot of dealerships are going to struggle very hard to survive I suspect in the next few months.
IMO for this category of cars to make any sense, you have to keep them for many years and enjoy them instead of keeping them locked away to avoid mileage,wear and tear and depreciation.
So few are made anyway that they never go out of fashion like mainstream performance cars. They will keep their attractiveness even at old age. Sometimes even older looks better (328,355 etc).
Moreover, if you are in for a longer ownership period you avoid the anxiety that as miles pile up you are going to lose too much on resale. You can drive your car without restriction come rain or shine for long distances, not thinking about what the next owner will think of it and you will drive for the sake of the pleasure such machine brings.
Unfortunately many such cars are kept away so that the next owner finds them virgin and pays more for the privilege. It's shame really!