by Brad Anderson
- This Ferrari F430 Spider has just 12,000 miles on the clock.
- It was converted from F1 automated manual to a six-speed stick.
- A company called EAG performed the transmission swap.
It’s been more than two decades since the Ferrari F430 first hit the road, yet it still remains as beautiful as ever. Time hasn’t dulled its appeal, and for some, it’s only become more desirable. As it turns out, when mileage stays low and the original six-speed automated manual is swapped for an aftermarket stick shift, the F430 could be a surprisingly solid investment.
This week, a 2007 Ferrari F430 Spider painted in Rosso Corsa and driven just 12,000 miles (19,300 km) was listed for auction through Bring a Trailer. Prices of used F430s vary wildly, with some higher-mileage vehicles selling for less than $90,000, while some low-mileage ones have been sold in recent months for less than $120,000.
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This example is an outlier. Had it been completely stock with the automated manual, it could have sold for around that much, as there’s nothing particularly remarkable about it that makes it stand out from many of the F430s on the market.
Admittedly, it does look to have been well maintained, and the beige leather throughout the cabin appears pristine, but it doesn’t appear to be an exceptional car in the broader market. Except for one detail.
The listing reveals this F430 Spider has been converted to a six-speed manual by European Auto Group. That detail proved significant. The listing quickly attracted attention, with bidding ramping up early. The final sale price hit $202,500, which appears to be the highest recorded for an F430 equipped with EAG’s manual conversion.
Even so, it’s worth noting that the car still falls short of the value a factory-built six-speed would command. Looking at similar sales over the past few years, low-mileage F430 Spiders with original manual gearboxes have cleared $350,000, and in some rarer cases, even exceeded $400,000.