458 Speciale numbers and values

458 Speciale numbers and values

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Discussion

griff7

Original Poster:

765 posts

164 months

Wednesday 3rd September 2014
quotequote all
As the title says has anyone any idea of the number of these that are predicted to be sold and in the UK.Also what thoughts on future values ie do you think that it will be similar to the Scuderia as in the prices will drop a fair bit to start with and then start to pick up again after a couple of years?

Friend of mine has just sold his 2012 458 and has been contacted many times with build slots for the Speciale giving the impression that cars are readily available,but on some sites it says the first years production is sold out but no numbers confirmed.

Andy

KenC

691 posts

234 months

Wednesday 3rd September 2014
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I dont think that we will see as steep an initial fall as the Scuderia was launched into a recession. Values of many supercars were hit substantially and you could get a discount on the later cars. Hence a sharp initial fall. The exchange rates meant that many Scuderias were exported which no doubt helped the steep climb back of values. As we don't know 458S production numbers or if many will be exported the long term value is difficult to guage. In short I see no reason for 458S values to follow a similar pattern to Scuderia.

GRBF430F1

4,843 posts

169 months

Wednesday 3rd September 2014
quotequote all
Was looking to place an order for a speciale a month ago and was told I could have it built in December for Jan 2015 registration.
What put me off was several dealers uncertainty on production numbers and residual values.
I got the impression that there was reasonable demand and that as a normal production model Ferrari would continue to build them as long as they took orders.
There was no fixed number or date for stopping production although it was suggested it could be March 2015 depending on the new incoming model. 458 spider production is likely to go beyond then leading to a 16M equivalent as well.

Whilst I agree the initial depreciation might not be as severe as Scuderia the speciale is going to depreciate as a new car. Gone are the days of new car premiums unless you are 1st in the queue.
When the new model is here there will always be a number of people wanting to move onto the latest and greatest Ferrari model.
Personally I have chosen to take a Scuderia as my hedge bet for the next 2-3 years and with a bit of luck I might be doing a straight swap but certainly closing the circa £70k gap.

Edited by GRBF430F1 on Wednesday 3rd September 21:18

col68

247 posts

205 months

Wednesday 3rd September 2014
quotequote all
Having driven the Speciale and owned all the variants of the light weight cars,2 cs's and 2 Scuderia's , I would say as the last in the line of the normally aspirated tipos that the Speciale will have it's place at the top of the table dynamically........whether it will hold its money?.....certainly a lot better than a regular 458 or Spider......and should be seen as a long term prospect which will eventually climb in value as the cs and scuderia have....whichever variant you end up with there is no wrong call.

GRBF430F1

4,843 posts

169 months

Wednesday 3rd September 2014
quotequote all
col68 said:
Having driven the Speciale and owned all the variants of the light weight cars,2 cs's and 2 Scuderia's , I would say as the last in the line of the normally aspirated tipos that the Speciale will have it's place at the top of the table dynamically........whether it will hold its money?.....certainly a lot better than a regular 458 or Spider......and should be seen as a long term prospect which will eventually climb in value as the cs and scuderia have....whichever variant you end up with there is no wrong call.
Undoubtedly the best car but as with history ( Scuderia v CS ) that's doesn't mean it will be the strongest in terms of residuals. That's more driven by supply and demand

The only concern I had was production volumes and as no one would/could give me a straight answer I wasn't prepared to take that gamble. Lots of CS and Scuderia have been exported to new money and collectors post production closure.
A lot of this new global money that has fuelled used car prices will now simply be able to stroll up and place an order worldwide so I would hazard a guess production volumes will outweigh CS and Scuderia put together globally, in turn reducing future demand and exports.

Being the last N/a V8 has got to help and I struggle with how a new ( better) model can be worth less than an older inferior one but this could be the case particularly if as a regular production model they build a lot. Ferrari are certainly not going to turn away orders and if as someone has already suggested they can only get an order for 12 months time that implies they are going to extend production further and build a lot.
Being a tight wad I'm waiting a little while to pick one up used for sub £200k

griff7

Original Poster:

765 posts

164 months

Wednesday 3rd September 2014
quotequote all
My friend and I have decided to wait for the sub 200k prices to arrive later next year and then source a car.With production numbers a little higher i think the prices will definitely drop to sub 200k before they stabilise.

Camlet

1,132 posts

148 months

Wednesday 3rd September 2014
quotequote all
No idea. But I can tell you - after a month with the car - it's astonishingly good.



GRBF430F1

4,843 posts

169 months

Wednesday 3rd September 2014
quotequote all
Camlet said:
No idea. But I can tell you - after a month with the car - it's astonishingly good.


Don't doubt it from my brief test drive and fair play if you can afford to enjoy it. I'd certainly rather my money was in a Speciale than a regular Italia or spider.
Ok Speciales are list price and there were some great deals being offered on Spider and Italia but I can see these taking a further hit going into next years run out. Prices have already dropped circa £10k from last month and those over £200k with nominal mileage have got a way to go yet IMHO

Camlet

1,132 posts

148 months

Thursday 4th September 2014
quotequote all
GRBF430F1 said:
Camlet said:
No idea. But I can tell you - after a month with the car - it's astonishingly good.


Don't doubt it from my brief test drive and fair play if you can afford to enjoy it. I'd certainly rather my money was in a Speciale than a regular Italia or spider.
Ok Speciales are list price and there were some great deals being offered on Spider and Italia but I can see these taking a further hit going into next years run out. Prices have already dropped circa £10k from last month and those over £200k with nominal mileage have got a way to go yet IMHO
Ive heard the next 458 will only be a facelift with a turbo motor. So more like a CaliT. Those assuming/waiting/hoping the replacement 458 will be all new might be disappointed. Mind you by that time we'll probably have a Labour government and UK that isn't anymore, and then it's anyone guess what will happen to residuals wink

sone

4,585 posts

237 months

Thursday 4th September 2014
quotequote all
Interesting to note that the doom mongers forecast of 458's being down to and below 100k seems to gave been wide of the mark when they obviously seem to be holding steady.
Similarly these threads need to be viewed as entertainment rather than factual. I'd still wager the Speciale will hold its value very well! But what do I know!

GRBF430F1

4,843 posts

169 months

Thursday 4th September 2014
quotequote all
sone said:
Interesting to note that the doom mongers forecast of 458's being down to and below 100k seems to gave been wide of the mark when they obviously seem to be holding steady.
Similarly these threads need to be viewed as entertainment rather than factual. I'd still wager the Speciale will hold its value very well! But what do I know!
I must have missed the doom mongers £100k forecasts and have been surprised how long and how strong 458 residuals have remained. Ok 360 and F430 going up has definitely helped but I had expected to see far more sub £150k at indies and outside of the 4 yr warranty period.

I think a correction has got to come but not below Mac or £100k

T4NG0

1,670 posts

180 months

Friday 5th September 2014
quotequote all
http://www.pistonheads.com/gassing/topic.asp?h=0&a...


GRBF430F1 said:
I must have missed the doom mongers £100k forecasts and have been surprised how long and how strong 458 residuals have remained.

f1ten

2,161 posts

152 months

Friday 5th September 2014
quotequote all
quite correct but the good old never never for the masses will keep the orders flowing no doubt, debt fuelled UK keeps going
Camlet said:
Ive heard the next 458 will only be a facelift with a turbo motor. So more like a CaliT. Those assuming/waiting/hoping the replacement 458 will be all new might be disappointed. Mind you by that time we'll probably have a Labour government and UK that isn't anymore, and then it's anyone guess what will happen to residuals wink

Slickhillsy

1,772 posts

142 months

Sunday 14th September 2014
quotequote all
http://youtu.be/hQmmJXm2hCA

Great vid - car looks amazing, on the numbers comments here say it's a series run model so presumably this means no longer limited as per Scuderia and CS. Build as many orders come through the door...

Carl_Docklands

12,102 posts

261 months

Monday 15th September 2014
quotequote all
GRBF430F1 said:
sone said:
Interesting to note that the doom mongers forecast of 458's being down to and below 100k seems to gave been wide of the mark when they obviously seem to be holding steady.
Similarly these threads need to be viewed as entertainment rather than factual. I'd still wager the Speciale will hold its value very well! But what do I know!
I must have missed the doom mongers £100k forecasts and have been surprised how long and how strong 458 residuals have remained. Ok 360 and F430 going up has definitely helped but I had expected to see far more sub £150k at indies and outside of the 4 yr warranty period.

I think a correction has got to come but not below Mac or £100k
This 100k prediction rang true for the 458 but only for LHD market.

I have been ringing around some LHD dealers re: speciale and they are stuffed to the gills with them across the channel but then again the LHD scud's never held their money either.

Rhd market has been helped immensely by ferrari uk dealer network mirage.

Edited by Carl_Docklands on Monday 15th September 15:43

Slickhillsy

1,772 posts

142 months

Monday 15th September 2014
quotequote all
Agreed Carl. I was in Charles Pozzi in Paris (main French importer) last week (buying a black Scud smile) and they had 5 in there of various colours (all looked amazing). Said they had sold 15 to date in total.

sone

4,585 posts

237 months

Monday 15th September 2014
quotequote all
Carl_Docklands said:
GRBF430F1 said:
sone said:
Interesting to note that the doom mongers forecast of 458's being down to and below 100k seems to gave been wide of the mark when they obviously seem to be holding steady.
Similarly these threads need to be viewed as entertainment rather than factual. I'd still wager the Speciale will hold its value very well! But what do I know!
I must have missed the doom mongers £100k forecasts and have been surprised how long and how strong 458 residuals have remained. Ok 360 and F430 going up has definitely helped but I had expected to see far more sub £150k at indies and outside of the 4 yr warranty period.

I think a correction has got to come but not below Mac or £100k
This 100k prediction rang true for the 458 but only for LHD market.

I have been ringing around some LHD dealers re: speciale and they are stuffed to the gills with them across the channel but then again the LHD scud's never held their money either.

Rhd market has been helped immensely by ferrari uk dealer network mirage.

Edited by Carl_Docklands on Monday 15th September 15:43
Excuse my ignorance but what mirage?

Carl_Docklands

12,102 posts

261 months

Monday 15th September 2014
quotequote all
sone said:
Carl_Docklands said:
GRBF430F1 said:
sone said:
Interesting to note that the doom mongers forecast of 458's being down to and below 100k seems to gave been wide of the mark when they obviously seem to be holding steady.
Similarly these threads need to be viewed as entertainment rather than factual. I'd still wager the Speciale will hold its value very well! But what do I know!
I must have missed the doom mongers £100k forecasts and have been surprised how long and how strong 458 residuals have remained. Ok 360 and F430 going up has definitely helped but I had expected to see far more sub £150k at indies and outside of the 4 yr warranty period.

I think a correction has got to come but not below Mac or £100k
This 100k prediction rang true for the 458 but only for LHD market.

I have been ringing around some LHD dealers re: speciale and they are stuffed to the gills with them across the channel but then again the LHD scud's never held their money either.

Rhd market has been helped immensely by ferrari uk dealer network mirage.

Edited by Carl_Docklands on Monday 15th September 15:43
Excuse my ignorance but what mirage?
The one where they artificially pump the used price up for cars on sale but bid low. See rhd 458 spider prices as an example. Thus gives false impression of good trade in values for potential buyers.

None have appeared on uk network yet but From ringing around there is a 80k spread between used rhd and LHD speciale.

Edited by Carl_Docklands on Monday 15th September 18:29

sone

4,585 posts

237 months

Monday 15th September 2014
quotequote all


Excuse my ignorance but what mirage?

[/quote]

The one where they artificially pump the used price up for cars on sale but bid low. See rhd 458 spider prices as an example. Thus gives false impression of good trade in values for potential buyers.

None have appeared on uk network yet but From ringing around there is a 80k spread between used rhd and LHD speciale.

Edited by Carl_Docklands on Monday 15th September 18:29

[/quote]


Is that any different to any other marque? I recently px'd my 458 and got a reasonable return. Anyway if they can get away with it and still sell plenty of cars isn't that just good business. I don't condone it but it's just the way it is.

Lhd and RHD prices are for me incomparable as I wouldn't have a Lhd car in this country if it was half the price. But I suppose if you're happy with the compromise then good for you.

Camlet

1,132 posts

148 months

Monday 15th September 2014
quotequote all
Speak as I find, my Ferrari dealer took my 599 GTB on SOR, sold it rapidly and gave me the precisely the amount I'd asked for from the outset. Excellent service.