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Car Forum / Ferrari Cars / February 2005

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How long is the wait list for a F430 Spider?

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CarolinaPinball - 30 Jan 2005 00:36 GMT
Hello all,

I am seriously considering ordering one of these beautiful automobiles,
however my local dealer has informed me that since I currently do not own a
Ferrari that the waiting list could approach 4 years!  This seems highly
unusual, however I would like to know what others in the States have
experienced.

I do not mind waiting 2 to 2 1/2 years, but 4???  I think you see where I am
coming.

Thanks!
Iain Miller - 30 Jan 2005 00:41 GMT
> Hello all,
>
[quoted text clipped - 8 lines]
> am
> coming.

I suppose it depends how badly you want one. The dealer waiting list is what
it is but now doubt you will be able to pick one up somewhere a few months
after launch at a premium....

Alternatively you could buy yourself a 360 spider in the interim to keep
yourself amused and see what that does to bump you up the dealer's waiting
list!

I.
CarolinaPinball - 30 Jan 2005 04:17 GMT
The only problem with that plan Iain (buying the 360 now) is that there are
no new ones available without a premium attached to them.  To put it simply,
I am an avid Ferrari enthusiast who only now finds himself with the
financial means to obtain one.  that being said, I am also a finance guy,
and know that these wonderful automobiles typically fetch whatever the
current retail price is for cars that are 3 or 4 years old.  Thus, the only
way I can rationalize such an expenditure, is to make sure I buy a new one
for retail, and god willing sell it after 2 or 3 years to buy another.

> > Hello all,
> >
[quoted text clipped - 18 lines]
>
> I.
Iain Miller - 30 Jan 2005 11:50 GMT
> The only problem with that plan Iain (buying the 360 now) is that there
> are
[quoted text clipped - 7 lines]
> way I can rationalize such an expenditure, is to make sure I buy a new one
> for retail, and god willing sell it after 2 or 3 years to buy another.

Sometimes  being too "rational" just gets in the way.... ;-) You either want
it or you don't.....whatever its going to cost but such is the price of
buying any performance car. Just depends on whether what it will cost is
worth it to you - it either is or it isn't.

I.
TigerRace1 - 31 Jan 2005 20:41 GMT
<<The only problem with that plan Iain (buying the 360 now) is that there are
no new ones available without a premium attached to them.>>

Supply and demand. Sucks, don't it?

<<To put it simply, I am an avid Ferrari enthusiast who only now finds himself
with the financial means to obtain one.>>

You went from not being able to afford a Ferrari at all, to being able to
afford a brand, spankin' new F430 Spider?

<<I am also a finance guy, and know that these wonderful automobiles typically
fetch whatever the current retail price is for cars that are 3 or 4 years old.
Thus, the only way I can rationalize such an expenditure, is to make sure I buy
a new one for retail, and god willing sell it after 2 or 3 years to buy
another.>>

You can't seriously *rationalize* the purchase of a toy that costs more than
many people's homes do. You either want it or you don't. You can either afford
the expense or you can't. I would never recommend talking oneself into this
sort of expenditure.

<<since I currently do not own a Ferrari that the waiting list could approach 4
years!...
I do not mind waiting 2 to 2 1/2 years, but 4???  I think you see where I am
coming.>>

BTW, welcome to the world of Ferrari. <g>

C.
CarolinaPinball - 07 Feb 2005 06:03 GMT
> <<The only problem with that plan Iain (buying the 360 now) is that there are
> no new ones available without a premium attached to them.>>
>
> Supply and demand. Sucks, don't it?

I would not say Supply and Demand sucks, that is actually what makes owning
a Ferrari a realization to ordinary hard working people like myself.  I work
hard for my money, save it, and have dreamed of owning a Ferrari since I was
a little kid.  Supply and Demand keeps the resale high, which allows me to
justify the expense of ownership.  I can not see paying a premium for a 360
when the 430 is just around the corner.

> <<To put it simply, I am an avid Ferrari enthusiast who only now finds himself
> with the financial means to obtain one.>>
>
> You went from not being able to afford a Ferrari at all, to being able to
> afford a brand, spankin' new F430 Spider?

I could afford a used Ferrari (ie. 355) for sometime, but do not believe I
would want the maintenance expense associated with one outside of warranty.
Besides that, the 430 belt service is estimated to cost no more than that of
a Porsche (new design), so you are looking at $1500-$2000 as opposed to
$6000 in a 355.  It is only recently that I could afford the entry fee to a
new Ferrari.

> <<I am also a finance guy, and know that these wonderful automobiles typically
> fetch whatever the current retail price is for cars that are 3 or 4 years old.
[quoted text clipped - 6 lines]
> the expense or you can't. I would never recommend talking oneself into this
> sort of expenditure.

Yes I seriously can ratinalize such a purchase, and yes it does mean I won't
be buying the vacation house my wife and I had been considering.  Yes I do
want it, and yes I can afford the expense and I never really talked myself
into it, in fact I tried to talk myself out of it.  I just want one that bad
that I can't.

> <<since I currently do not own a Ferrari that the waiting list could approach 4
> years!...
> I do not mind waiting 2 to 2 1/2 years, but 4???  I think you see where I am
> coming.>>

I just did not realize how long the waiting list was.  Oh well, perhaps I
will consider buying a 355 Spider in the meantime.  I had a dealer tell me
he would guarantee a trade in of no less than 90% of the purchase price
while I wait for the 430.  Perhaps by then I will have had my fix, but I
doubt it :)

> BTW, welcome to the world of Ferrari. <g>

Thanks, looking forward to a long strange ride.
Phil - 09 Feb 2005 03:30 GMT
>The only problem with that plan Iain (buying the 360 now) is that there are
>no new ones available without a premium attached to them.  To put it simply,
[quoted text clipped - 4 lines]
>way I can rationalize such an expenditure, is to make sure I buy a new one
>for retail, and god willing sell it after 2 or 3 years to buy another.

If you are a finance guy you would realize the prices for 360s are at
their lowest right now.  I've never seen so many for sale, and quite a
few under 180kUS.  The original/previous owners are taking the
depreciation hit.

Since you probably won't use the 360 to its' potential, let alone the
430, the 360 may very well be the better purchase.  In four years,
when your 430 comes in, you can then decide what to do.  Chances are,
the 360 won't be worth much less in four years than what  you would
buy it for today.  On the other hand, if you bought the 430 today, in
four years you would be out quite a few dollars/pounds/euros/whatever.

Just my $.02,
Phil
Harold Adrian Russell Philby - 09 Feb 2005 05:27 GMT
>>The only problem with that plan Iain (buying the 360 now) is that there are
>>no new ones available without a premium attached to them.  To put it simply,
[quoted text clipped - 16 lines]
>buy it for today.  On the other hand, if you bought the 430 today, in
>four years you would be out quite a few dollars/pounds/euros/whatever.

If you folks aren't being trolled, I'll eat a worm.
Harold Adrian Russell Philby - 01 Feb 2005 05:34 GMT
>I am seriously considering ordering one of these beautiful automobiles,
>however my local dealer has informed me that since I currently do not own a
[quoted text clipped - 4 lines]
>I do not mind waiting 2 to 2 1/2 years, but 4???  I think you see where I am
>coming.

...You're miffed to have to wait for a car that's not yet being
produced?

Surely someone who has a delivery contract does so for purely
speculative reasons and you may have their car for some mutually
determinable sum.
 
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