458 values now that the 488GTB is here - only way is down!?
Discussion
boxerTen said:
IMO 458 prices will continue to drop gently (15k/year) for at least a couple of years.
the current value of obsolete models and classics is partly due to the inflation in new car prices. If the new car sells well, then older cars increase in value (or don't drop as fast) to keep values relative.red_duke said:
Hope it sounds better under load, as that's not as good as the 650S with sports exhaustjackal said:
Who wants a shagged out 5 year old dodgy spec 458 for 150 large when you can have a brand new 488 in your chosen spec and full warranty for just 50k more.
Either go LHD 458 for under 100k or get a 488 (or LHD Spec).
Is there a trend developing here, with prices under far greater scrutiny?Either go LHD 458 for under 100k or get a 488 (or LHD Spec).
My 996 GT2 is going up, 458s are coming down, when the two collide I'll be pulling the trigger.
Speaking of which http://www.autotrader.co.uk/classified/advert/2015...
This is just simply beautiful. What do we think of this one spec/look/value? Way out of budget today obviously but I'm saving hard
Speaking of which http://www.autotrader.co.uk/classified/advert/2015...
This is just simply beautiful. What do we think of this one spec/look/value? Way out of budget today obviously but I'm saving hard
supermono said:
http://www.autotrader.co.uk/classified/advert/2015...
This is just simply beautiful. What do we think of this one spec/look/value? Way out of budget today obviously but I'm saving hard
Personally IMO Novitec is the Demon tweaks of the Ferrari world... All down to personal pref of course but generally these things are stunning they way they left the factory. Even if you did pull the trigger good chance you'd be left with a lemon / tough to move on car due to Demon tweaking...This is just simply beautiful. What do we think of this one spec/look/value? Way out of budget today obviously but I'm saving hard
controlz said:
I've been keeping a casual eye on 458 values and do think they are still quite inflated given the fact a new model is around the corner. I can't help but think these will be at sub 100k F430 prices in 2 years. Sorry to those current owners, just my opinion and I could be wrong!
i suspect the 458 will not fall as quickly as that for good reason - it is the last n/a mid engined fezza as far as we can tell; 430 prices are now nudging 100k. I think 458 prices will be fairly buoyant for quite a while... I reckon 458's are going to level off quite a bit and actually start to appreciate again. I really think the 488 being turbo is going to lead to good examples of 458's being more desireable.
Already there is hardly any Speciale's coming on the market, whereas few months ago before the 488 became news, there was a few kicking about. I really think the 458 is such an excellent car,that the values will harden not soften when the 488 is here. In fact long term say over the next 5 years or so I can see a 150k 458 staying at that level, if its a good one with a reasonable mileage
we shall see
Interesting in that during a conversation about something else, a dealer told me they have just put 10k onto a 2010 458 they have for sale as the market is on the up ...take that for what its worth
Already there is hardly any Speciale's coming on the market, whereas few months ago before the 488 became news, there was a few kicking about. I really think the 458 is such an excellent car,that the values will harden not soften when the 488 is here. In fact long term say over the next 5 years or so I can see a 150k 458 staying at that level, if its a good one with a reasonable mileage
we shall see
Interesting in that during a conversation about something else, a dealer told me they have just put 10k onto a 2010 458 they have for sale as the market is on the up ...take that for what its worth
Edited by Emonda03 on Monday 6th July 16:26
Emonda03 said:
Interesting in that during a conversation about something else, a dealer told me they have just put 10k onto a 2010 458 they have for sale as the market is on the up ...take that for what its worth
Sounds like a rather optimistic dealer to me! There has been plenty of 458s for sale around 140k for a while now, with no sign of the number offered at that price dwindling - my pick is there'll be plenty at 130k before Christmas.Incredible to see how many cars remain unsold for months/years on end and the dealers just sit on them without adjusting price.
I know its not high volume rapid turnaround business but it makes you wonder how the dealers survive.
Model must be like an antiques shop where margins are mega high and stocking times long
I know its not high volume rapid turnaround business but it makes you wonder how the dealers survive.
Model must be like an antiques shop where margins are mega high and stocking times long
Would someone mind giving me a very brief education on this car, i.e. absolute priority spec (is front lift required on this model), original warranty supplied and whether buying from Ferrari would mean x warranty etc.
Not really a fan of the red (sorry), so would be looking at yellow, black or grey. No convertibles. Wondering if current pricing starting from £135k (RHD a must) is a good entry point, or still likely to take a hit based on previous patterns of past models.
Wanting a supercar that is likely to hold strong residuals, been shunned by Porsche on the GT3/RS/GT4 because I'm not a "key customer" and can't quite pull the trigger on a V10 R8.
Not really a fan of the red (sorry), so would be looking at yellow, black or grey. No convertibles. Wondering if current pricing starting from £135k (RHD a must) is a good entry point, or still likely to take a hit based on previous patterns of past models.
Wanting a supercar that is likely to hold strong residuals, been shunned by Porsche on the GT3/RS/GT4 because I'm not a "key customer" and can't quite pull the trigger on a V10 R8.
I'm not as seasoned as others on here, so just my 2p.
I would presume that a lot will depend on how long you are likely to keep it for, and where you buy it from and sell it to. In my limited experience I struggled to find a private seller of a 458, and my Wanted ad on here saying I had cash waiting got zero useful replies (don't know how much of that is the lack of interest in the Wanted section).
I did end up buying privately and it was a very smooth experience, and the car had significant amount of its remaining Ferrari warranty on it. The warranty is with the car not the owner, so I wouldn't worry too much about that. There is probably some goodwill you might miss out on not buying it from a dealer, as the warranty isn't exactly all encompassing.
If you buy from a dealer and try and sell back to one you're going to lose at least their profit margin. I'd been told that I should expect the spread to be around £20k on a dealer car, but of course that will be completely spec, season and market sensitive.
360s are up, F430s are up, 458 is - no offence intended - several steps forward in a number of areas. That said the 488 will be coming and is the 458 replacement so logic would dictate 458 prices will get depressed. But.. I wouldn't have predicted 430s getting to within touching distance of 458 prices either at the start of the year either.
You can spend months speculating on this stuff and still be wrong, or you can assume you're going to lose some money and be happy when it's less than you thought, or happier still when you make money. There is value in enjoying the car while you can, while it's still sunny, and it's hard to put a price on that.
As for spec - most of it is to taste I think. You can't go far wrong with some carbon and shields. Carbon driver zone + LED steering wheel was high on my list. Lift most definitely isn't essential (I've found the 458 easier over speed bumps than the F430) but that will depend on your circumstances.
I would presume that a lot will depend on how long you are likely to keep it for, and where you buy it from and sell it to. In my limited experience I struggled to find a private seller of a 458, and my Wanted ad on here saying I had cash waiting got zero useful replies (don't know how much of that is the lack of interest in the Wanted section).
I did end up buying privately and it was a very smooth experience, and the car had significant amount of its remaining Ferrari warranty on it. The warranty is with the car not the owner, so I wouldn't worry too much about that. There is probably some goodwill you might miss out on not buying it from a dealer, as the warranty isn't exactly all encompassing.
If you buy from a dealer and try and sell back to one you're going to lose at least their profit margin. I'd been told that I should expect the spread to be around £20k on a dealer car, but of course that will be completely spec, season and market sensitive.
360s are up, F430s are up, 458 is - no offence intended - several steps forward in a number of areas. That said the 488 will be coming and is the 458 replacement so logic would dictate 458 prices will get depressed. But.. I wouldn't have predicted 430s getting to within touching distance of 458 prices either at the start of the year either.
You can spend months speculating on this stuff and still be wrong, or you can assume you're going to lose some money and be happy when it's less than you thought, or happier still when you make money. There is value in enjoying the car while you can, while it's still sunny, and it's hard to put a price on that.
As for spec - most of it is to taste I think. You can't go far wrong with some carbon and shields. Carbon driver zone + LED steering wheel was high on my list. Lift most definitely isn't essential (I've found the 458 easier over speed bumps than the F430) but that will depend on your circumstances.
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