458 v 488 market

458 v 488 market

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Discussion

Saweep

6,612 posts

188 months

Tuesday 14th November 2023
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Gibbo205 said:
av185 said:
Missed that CC Pista did anyone see what it went to? Cheers.
242k so with fees just shy of 250k but of course did not meet reserve.
Seems about what a dealer would pay I'd think, with a 40-50k margin.

mirsgarage

254 posts

21 months

Tuesday 14th November 2023
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Gibbo205 said:
242k so with fees just shy of 250k but of course did not meet reserve.
Called it biggrin

m333m444

72 posts

63 months

Thursday 16th November 2023
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I paid for a car but the health reoport was not healthy lol. Thanks alot @Gibbo205 for helping and saving me from a potential huge bill!

I think there is a reason why the cars thar don't sell and sit for a long time

Edited by m333m444 on Thursday 16th November 16:19

Gibbo205

3,563 posts

209 months

Thursday 16th November 2023
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m333m444 said:
I paid for a car but the health reoport was not healthy lol. Thanks alot @Gibbo205 for helping and saving me from a potential huge bill!

I think there is a reason why the cars thar don't sell and sit for a long time

Edited by m333m444 on Thursday 16th November 16:19
No problem at all, shame you missed out on mine.

Does sound odd as most garages with SOR stock will inspect the car before taking it and let the seller know what needs doing before they even agree to move it on which screams to me a bit of a shady dealer as well.

For example Alastair Bols who specialises in used McLarens will only take a car on SOR and agree to do so on the basis it passes his checks as he only wants perfect examples to maintain his solid reputation.

Goes to prove buying from a dealer / specialist can be very hit and miss as you have superb ones and then you clearly have some dodgy ones as well.

Plenty of good 458’s out there and also remember if a car has not been driven for months then also best to avoid as 458’s are all the better for been driven.

NRG1976

1,107 posts

12 months

Thursday 16th November 2023
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Gibbo205 said:
m333m444 said:
I paid for a car but the health reoport was not healthy lol. Thanks alot @Gibbo205 for helping and saving me from a potential huge bill!

I think there is a reason why the cars thar don't sell and sit for a long time

Edited by m333m444 on Thursday 16th November 16:19
No problem at all, shame you missed out on mine.

Does sound odd as most garages with SOR stock will inspect the car before taking it and let the seller know what needs doing before they even agree to move it on which screams to me a bit of a shady dealer as well.

For example Alastair Bols who specialises in used McLarens will only take a car on SOR and agree to do so on the basis it passes his checks as he only wants perfect examples to maintain his solid reputation.

Goes to prove buying from a dealer / specialist can be very hit and miss as you have superb ones and then you clearly have some dodgy ones as well.

Plenty of good 458’s out there and also remember if a car has not been driven for months then also best to avoid as 458’s are all the better for been driven.
I’d much rather buy from an enthusiast than a dealer.

Boleros

230 posts

8 months

Thursday 16th November 2023
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Gibbo205 said:


Plenty of good 458’s out there and also remember if a car has not been driven for months then also best to avoid as 458’s are all the better for been driven.
I had a small fright with my F430 in that it had only done 750 miles over two years when I bought it and we thought the thrust bearing seal had dried out as there was some leakage. 200 miles later and all was good. Can't say the same for the suspension bushes that had to be replaced a bit later for a cool £7k (mostly labour charges).


mwstewart

7,694 posts

190 months

Friday 17th November 2023
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Personally I have my cars serviced and checked before a sale. I want them to be in great condition as a reflection of my approach as much as anything.

It seems odd to sell cars at these prices with faults present and not declared. Either ignorance or chancing it I suppose.

m333m444

72 posts

63 months

Friday 17th November 2023
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Gibbo205 said:
No problem at all, shame you missed out on mine.

Does sound odd as most garages with SOR stock will inspect the car before taking it and let the seller know what needs doing before they even agree to move it on which screams to me a bit of a shady dealer as well.

For example Alastair Bols who specialises in used McLarens will only take a car on SOR and agree to do so on the basis it passes his checks as he only wants perfect examples to maintain his solid reputation.

Goes to prove buying from a dealer / specialist can be very hit and miss as you have superb ones and then you clearly have some dodgy ones as well.

Plenty of good 458’s out there and also remember if a car has not been driven for months then also best to avoid as 458’s are all the better for been driven.

I would jump on it to be honest if I did not have a speed yellow m4. Two yellow cars would be too much. Again, thank you so much for guidance and advices which helped me massively and gained some experience meantime.

Seems like ferrari health check is kind of must as many indys are not that picky, although some people say that Ferrari service is picky because they want to suck more money out of you but I can not imagine that service is trying to make up things while indys try to cover up.

Btw I meant to write paid deposit*





Edited by m333m444 on Friday 17th November 21:25

m333m444

72 posts

63 months

Tuesday 21st November 2023
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I am going to view this one tomorrow, any thoughts. Seems a bit overpriced as it does not have many options?

Btw we are certain that ferranti warranty is pretty much useless?

https://www.autotrader.co.uk/car-details/202310313...

andyr

367 posts

286 months

Tuesday 21st November 2023
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Ferrari warranty certainly isn’t useless. There will be people who will tell you that it is, and then there are others I know that have had large claims paid out. I have a warranty on mine - as many do - and it’s worth it.

Also, cars kept under warranty have to pass additional annual checks.

As to the car you are looking at, it looks pretty good. It doesn’t have the cf dash which I think was a 4k option and no buckets which adds about 10k. So it’s “missing” 15k of options with that asking price. It’s also a 2012 and I would buy a 2013 onwards if you can as there were some revisions iirc.

fridaypassion

8,690 posts

230 months

Tuesday 21st November 2023
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Seats?

:facepalm:

laugh

There are better options out there that car looks pretty expensive.

FuzzBuzz

107 posts

108 months

Tuesday 21st November 2023
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Seems pretty much spot on to me. Think it’s priced very competitively for a main dealer.

Nuttbelle

537 posts

12 months

Tuesday 21st November 2023
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Poverty spec car at premium price but at least it will have a 2 yr warranty and peace of mind for an old car

Chris355

797 posts

198 months

Tuesday 21st November 2023
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It looks expensive for a low spec car which I don’t think will be that easy to sell.

A dealer car is worth having for come back over the first few months and 2 year warranty is good for the big ticket items.

As a comparison, I just bought a high spec red dealer 488 with half the miles for not a lot more than that.


andymc

7,370 posts

209 months

Tuesday 21st November 2023
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you are paying an extra £15k to buy it from Ferrari in my opinion, lovely car still

Gibbo205

3,563 posts

209 months

Tuesday 21st November 2023
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andymc said:
you are paying an extra £15k to buy it from Ferrari in my opinion, lovely car still
This, I'd be willing to wage that their offer to buy that car back would be 100-105k, if the market continues slowing that trade offer would go under 100k, if market improves then the offer could improve.

In short though a peace of mind purchase that car would probably represent being a dealer purchase should you want out of it in a short time frame it could cost you upto 30k to do so, something to be aware off, if the car is a keeper for a long period and your happy with the spec then maybe its a good buy for you.

Personally I'd not buy a 458 without the carbon buckets or carbon dash inserts, is just my preference as you sit much lower in the bucket seats, which for me transforms how the car feels to drive and the carbon interior upgrades really finish of the interior as the factory basic grey plastic inserts look cheap and nasty.

I looked at buying a 458 without the carbon dash and carbon race zone, I priced up the parts with Ferrari to convert and it was over £10,000 for the carbon trim and dash pieces, carbon seats were another £10,000 plus again.

So it is important to buy the correct spec for you as retro fitting any upgrade parts can quickly rack up big cost. Buy the right spec and a car without any oil leaks that has been well cared for so buy from an enthusiast or a Ferrari dealer in my opinion.

FuzzBuzz

107 posts

108 months

Tuesday 21st November 2023
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andymc said:
you are paying an extra £15k to buy it from Ferrari in my opinion, lovely car still
£10k tops in my opinion. Assuming it’s prepped to dealer standards/great history etc, then £125k min would be a private ad asking price.

As I said, with all the added benefit of buying from a Ferrari dealer I think the asking price is correct.

forest172

688 posts

208 months

Tuesday 21st November 2023
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m333m444

72 posts

63 months

Tuesday 21st November 2023
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How about the fact that I will have novitec exhaust + decat pipea and probably headers. Warranty wise what do you think?


Gibbo205

3,563 posts

209 months

Tuesday 21st November 2023
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m333m444 said:
How about the fact that I will have novitec exhaust + decat pipea and probably headers. Warranty wise what do you think?
Anything that throws an EML voids your warranty as far as Ferrari HQ is concerned, which decats absolutely will do.
Now if your best pals with your dealer the dealer can try over looking this, but an EML thrown is normally warranty void and very sticky ground should you need to make a transmission claim.

As such I'd say warranty is money down the drain.