Resale Value for Manual Transmission Ferraris
Like many others I tend to look at the prices that used Ferraris command, more for informational purposes. What I've noticed is that many pricing sources lump prices together for a specific model, providing an overall price estimate for the car class. The Ferrari Market Letter's Asking Price Index perhaps being the most well known pricing source is an example.
While these guides are often very helpful, there is clearly a range between top quality cars and lesser versions of the same car, along with differences in pricing for manual and F1 versions of the same car. In the past this didn't matter very much since most "classic" cars were manual transmission, but with the growing number of Ferrari cars being produced, I wonder if it's time to look at the difference in price between manual and F1 versions of the same car?
For example, I personally think that the 360 is the last of the true manual transmission Ferraris. Yes, I know that there were many F1 360s produced, but I also think that given the technology of the 360's F1, many believe that the six speed manual is potentially more "fun" to drive. Even if it isn't you still had the choice of a manual transmission if you wanted it. Unlike the F430, the 360 can still be approach it's full driving potential with the manual transmission option.
While I admit to loving manual transmission cars, I also believe that the F430 with the F1 transmission is a better power train - the F430's multiple adjustments with the F1 really do, at least to me, add to the driving experience. I've driven the F430 in both F1 and manual versions, and at least for me, the F1 is a very exciting car and puts the capability of the car in my hands easier than the manual F430 does. I've also been on the track with both versions, with the help of a professional driing coach, and the information that can be downloaded through the F1's transmission and electronics is truly amazing. That doesn't exist with any model prior to the F430, and with the 458 there is no manual option at all.
So, my question is, given the limited number of manual transmission cars, and the "scarcity factor" since no more manuals will be produced, it is possible that the more recent manual transmission cars will have higher demand in the future, and if so, does it make sense to consider looking at the price of F1 and manual transmission cars separately? I've noticed recently that there is definitely an uptrend at least in asking prices for 360 manual transmission cars, and I suspect that we'll see it with the F430 as well.
By the way, the information on this site is amazing. I looked at a few posts that provided the total production of 360 Spiders with manual transmission during the entire model run. From that total I subtracted the RHD models. I was very surprised to find that in the entire production of 360 Spiders there were 1641 LHD cars produced with manual transmissions! That's not a very big supply, especially compared to over 15,000 total 360 cars produced of all types. Looking at the numbers in this perspective suggests that maybe manual transmission cars have depreciated as far as they are going to given the limited supply of existing cars, and the lack of any new ones being produced. Or maybe if they are still depreciating it's a great time to pick one up before the market adjusts to the lowered supply.
This isn't an really a discussion of which transmission is better, just a look at supply and demand and how it may affect future prices. What are your thoughts?