Copart sales history of Ferrari

2005 Ferrari F430 Spider: A Salvage Project with Exhilarating Potential

Discover a unique opportunity to own a piece of automotive legend with this 2005 Ferrari F430 Spider, available as a salvage auction vehicle. This iconic red convertible, known for its breathtaking performance and stunning design, presents an exciting challenge for a dedicated enthusiast or a professional rebuilder. While it carries a “PERMIT IRREPAIRABLE” title and sustained significant burn damage, its core Ferrari DNA remains, offering a chance to restore a dream car to its former glory.

Vehicle Overview and Specifications

This particular F430 Spider, VIN ZFFEW59A050144170, was manufactured by FERRARI in 2005. It features a powerful 4.3L V8 engine paired with an automatic transmission, delivering power to the rear wheels – a classic Ferrari setup promising an unparalleled driving experience. The vehicle’s original vibrant red exterior and convertible body type perfectly embody the spirit of Italian luxury and performance.

Detailed Specifications:

• Year: 2005
• Make: FERRARI
• Model: F430 SPIDER
• VIN: ZFFEW59A050144170
• Cylinders: 8
• Body Type: Convertible
• Color: RED
• Engine: 4.3L V8
• Transmission: AUTOMATIC
• Drive Wheel: Rear-wheel drive
• Vehicle Type: AUTOMOBILE
• Fuel Type: GAS
• Odometer Status: Actual (mileage not provided)
• Keys Available: No

Damage and Condition Report

This 2005 Ferrari F430 Spider is listed with “BURN” as its primary damage, indicating significant fire-related issues. The vehicle holds an “ON – PERMIT IRREPAIRABLE” title, meaning it cannot be legally driven on public roads in its current state and requires substantial repair and re-certification. This status, combined with the burn damage, positions it as a prime candidate for a comprehensive restoration project or for parts. The vehicle was located in London, ON, at the time of sale. Potential buyers should review all available images and consider a thorough inspection to assess the full extent of the damage.

Auction Details and History

This Ferrari F430 Spider (Lot 79858644) was sold on 2025-04-24 via iaai_com, an online salvage auction platform, with a final bid of $22,650. The seller was an “Unknown Seller,” and the vehicle was listed under “ENHANCED VEHICLES” highlights. Its “sold” status indicates a successful transaction, highlighting the demand for even damaged exotic vehicles for restoration or parts.

Pros and Cons for a Salvage Ferrari F430 Spider Project

Considering this is a salvage vehicle with burn damage, the typical pros and cons of an F430 are amplified.

Potential Pros:

• Iconic Ferrari Status: Even damaged, it’s a Ferrari F430 Spider, a highly desirable and collectible model.
• Exhilarating Performance: The 4.3L V8 engine is a masterpiece, offering incredible power and sound for those who can restore it.
• Restoration Project: Offers a rewarding challenge for skilled mechanics and enthusiasts to bring a luxury car back to life.
• Investment Potential: A properly restored F430 can appreciate in value, making this a potentially lucrative project.
• Parts Value: Even if full restoration isn’t feasible, many components (engine, transmission, chassis parts) hold significant value.

Potential Cons:

• Extensive Burn Damage: Fire damage can be complex, affecting wiring, electronics, and structural integrity beyond visible areas.
• “PERMIT IRREPAIRABLE” Title: Requires a rigorous inspection and re-certification process to make it road-legal, which varies by region.
• High Restoration Costs: Ferrari parts and specialized labor are exceptionally expensive, making a full rebuild a significant financial undertaking.
• No Keys Available: Adds to the complexity of initial assessment and movement of the vehicle.
• Odometer Reading Unknown: Lack of mileage information makes it harder to assess the engine’s prior wear (though burn damage likely supersedes this).

Summary

This 2005 Ferrari F430 Spider represents a compelling opportunity for a buyer with the vision and resources to tackle a significant restoration. Despite its “BURN” damage and “PERMIT IRREPAIRABLE” title, the allure of owning and rebuilding such an iconic vehicle is undeniable. It’s a project for the dedicated, offering the potential for a stunning return to form or a valuable source of rare Ferrari components. Serious inquiries and thorough due diligence are highly recommended for this unique salvage Ferrari F430 Spider.