Ferrari F430

$215,000 in September 2024 for a 26,705-kilometre Australian-delivered F1 car on carbon-ceramics, and $212,000 in July 2023 for a 43,814-kilometre Hong Kong import. Seventeen thousand kilometres and fourteen months for 1.4 per cent of price, which is either a flat market or two cars whose differences cancel, and two results cannot say which. A carsales-sourced price strip was removed from this entry earlier and not replaced, so those two lots are the whole local record.

Sixty-two lots and only 60 per cent sold, rising slightly to 65 per cent since 2024. That is weak - three cars in five find a buyer - and it sits well below the 76 per cent its own Scuderia sibling manages. Prices are easing. The index runs 100 in 2018 to 99.2 in 2025, essentially flat across seven measured years, but the recent movement is downward at about 6.4 per cent a year. The spread is tight at 1.38 times upper quartile to lower, so these are comparable cars and the failures are not explained by a mismatched sample.

It stands at 55 per cent, which was set by inference rather than measured. The 599 GTB was measured at 3.6 times ordinary cars and the 360 Modena at 2.8 times, both from within a single currency, and both were recorded far too low before that check. A 55 per cent premium sitting between two models measured at nearly three times is the most likely remaining error in this record. A caveat on method: the source rows carry no auction dates or house names, so the repeat-offering and single-event checks could not be run.

$212,000 at Brighton in July 2023 at 43,814 kilometres, and $215,000 at Cremorne in September 2024 at 26,705. Two cars, seventeen thousand kilometres apart, and the higher-distance one is the cheaper by about one per cent.

And it is 2 per cent per 10,000 kilometres, so the model expected the Cremorne car to be worth 3.4 per cent more before anything else was considered. It was worth 1.4 per cent more. The difference is what the two cars are: the Cremorne car is Australian-delivered on carbon-ceramic brakes with ten dated services from its pre-delivery inspection; the Brighton car is a Hong Kong import on steel brakes with a service history that lives in another country. Provenance ate the distance advantage.

De-adjusted to the 32,000 kilometres this record expects, the two results imply $217,000 and $212,000 - and the record carried $280,000, which is 29 per cent above the better of them and rested on no Australian transaction at all. $225,000 sits just above both, because both cars carry something a buyer would pay to avoid: an import history in one case, and in the other a clutch that is a consumable on an F1 gearbox and was last measured four years ago. SOURCING: two auction lot pages read in full. This record has gone from no local evidence to two results in one pass, and the international series that used to carry it is now context rather than the basis.

The 55 was set by inference, this record named it as its most likely remaining error, and the ladder was raised to 120 without the paragraph being rewritten. Both figures are left standing so the change is visible rather than tidied away, and neither is measured: no Australian F430 manual has ever sold publicly here, so nothing local prices the gearbox at any number. Read 120 as the figure the valuer uses and 55 as the figure it used to use. The 11 September call on the Hawthorn East manual shows what turns on it, which is about four per cent, because the valuer's 45 per cent cap binds at either premium.

On 18 September 2026 the Hawthorn East manual was marked provisionally sold at $325,000 and was never recorded as a sale. That is not a price. A provisional sale that does not convert says the reserve sat above the highest bid and nothing more, so no hammer exists and the call on it scores neither way.

Someone bid $325,000 for this car, which means somebody's valuation of it was at least that. Take the $225,000 base, apply everything this record already prices on that car and nothing else - minus 4 for 64,161 kilometres against the 35,500 a 2005 car is expected to have covered, minus 6 for the first year of the run, plus 2 for Rosso Corsa, plus 2 for the Scuderia shields, plus 6 for the full Ferrari book, minus 12 for a United Kingdom import on a model Ferrari sold here new, minus 2 for the Tubi - and the bid implies the gearbox is worth AT LEAST 68.3 per cent.

This record spent months carrying 120 in the ladder and 55 in the paragraph beneath it, and named the disagreement as its most likely remaining error. The highest bid an Australian room has ever put on an F430 manual sits above the 55 and well below the 120, and a bid the seller refused cannot settle a ceiling. The ladder stays at 120 because nothing has tested it, the 55 is retired, and the floor is written here as a floor.

This desk called $340,000 against a valuer capped at $326,250, four per cent above its own model, and argued in print that the cap exists to stop accumulations rather than to stop one measured option. The room reached $325,000 and the seller wanted more than that. Nothing in the outcome contradicts the call and nothing in it confirms the call, which is exactly what an ungraded lot is.