Current 488 pricing & availability
Current 488 pricing & availability
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Discussion

andy tims

Original Poster:

5,605 posts

275 months

Tuesday 14th July
quotequote all
When I started looking in earnest at the start of the year GTB's were sub £150k & Spiders were £185k from main dealers. Now there is almost no availability & prices are up around £25k.
Some of this is summer, obviously, but do we think there is a general lift in prices that will last or is it a bubble that will burst?
Dealers are telling me that pure ICE Ferraris are in heavy demand because the hybrids are not very popular. Are they just talking up their book?

johnnyreggae

3,161 posts

189 months

s2000db

1,415 posts

182 months

Tuesday 14th July
quotequote all
Same price as 296’s then?

Trev450

6,742 posts

201 months

Tuesday 14th July
quotequote all
The general feeling appears to be that these prices are anything but artificial and are likely to continue rising over the coming years. You only have to look at the relatively limited demand for hybrids and how the values of those are depreciating compared with pure ICE cars.

garystoybox

905 posts

146 months

Tuesday 14th July
quotequote all
Yep, can’t see it changing.
When a F8 Spider is £320k, a 488 is 95% the car for less than 2/3rds the cost.
Always thought the 488 was the most underrated of the mid engined generation.

There are other anomalies as well…. In the US, seven year old 812’s are now selling slightly above 2 year old 12C’s.

supersport

4,629 posts

256 months

Tuesday 14th July
quotequote all
The availability of everything is really surprising. Just a few of each model available.

Doesn’t matter what the prices are if no one is selling.

At some point those that have been holding off selling will decide the price is right and then there could be plenty.

col68

273 posts

235 months

Wednesday 15th July
quotequote all
https://www.autotrader.co.uk/car-details/202607144...

A few more cars coming to market at inflated prices…

Trev450

6,742 posts

201 months

Wednesday 15th July
quotequote all
supersport said:
At some point those that have been holding off selling will decide the price is right and then there could be plenty.
Will they though? Or maybe they will just hang on to them because there is nothing out there they want to replace their ice car with.

garystoybox

905 posts

146 months

Wednesday 15th July
quotequote all
Trev450 said:
Will they though? Or maybe they will just hang on to them because there is nothing out there they want to replace their ice car with.
You’re basically describing me……

Trev450

6,742 posts

201 months

Wednesday 15th July
quotequote all
garystoybox said:
Trev450 said:
Will they though? Or maybe they will just hang on to them because there is nothing out there they want to replace their ice car with.
You re basically describing me
Ha ha, I was actually referring to myself in a roundabout way but good to know I'm not alone in my thinking.

TBCTBC

1,649 posts

118 months

Wednesday 15th July
quotequote all
col68 said:
https://www.autotrader.co.uk/car-details/202607144...

A few more cars coming to market at inflated prices
The market will decide if they're inflated or not, as if so, they won't sell.

Ultimately it will come down to the buyers, and whether they're prepared to pay top £££ for a car.

It will be interesting to see what the manufacturers do and what they can do considering regulations, with respect to addressing the lack of interest in EV/hybrid supercars.

For the moment, there's a bit of a gap which the 2nd hand market is filling, hence the prices are rising.

supersport

4,629 posts

256 months

Wednesday 15th July
quotequote all
Trev450 said:
supersport said:
At some point those that have been holding off selling will decide the price is right and then there could be plenty.
Will they though? Or maybe they will just hang on to them because there is nothing out there they want to replace their ice car with.
I guess time will tell.

I totally agree there’s nothing to replace them with. I think I’ve reached peak garage, there’s nothing i fancy any more. That’s a strange place to be.


Trev450

6,742 posts

201 months

Thursday 16th July
quotequote all
supersport said:
Trev450 said:
supersport said:
At some point those that have been holding off selling will decide the price is right and then there could be plenty.
Will they though? Or maybe they will just hang on to them because there is nothing out there they want to replace their ice car with.
I guess time will tell.

I totally agree there s nothing to replace them with. I think I ve reached peak garage, there s nothing i fancy any more. That s a strange place to be.
Short of a lottery win I don't think I will ever be able to say I've reached 'peak garage', but given budget constraints I know what you mean.

RoamingBull

265 posts

121 months

Saturday 8th August
quotequote all
Would like a bit of advice on a 488 please.
Mainly had Porsches most of my driving days inc GT4,GT3 & GT3 RS 911 flavour.

I think I’ve one last itch in life for a nice motor and I’ve thought about a Ferrari and of something that potentially won’t drop like a stone.
So got me thinking of a 488 as it looks a nice car and for 200k I’d get something fairly decent.

What are the main spec needs on a 488/Ferrari as I’ve not a clue.
Is front lift needed?
Carbon brakes I’m guessing a must.

Just want to buy one that has a sellable spec for future.

What colour too? I do like the silver.

Any answers appreciated

Benmac

1,697 posts

245 months

Saturday 8th August
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They’ve all got carbon brakes. Nose lift is a nice to have but unless you’ve got to access somewhere regularly that a bit tight it’s not essential, they ride fairly high compared to say GT Porsches.

Probably the biggest help for later resale are the carbon seats.

RoamingBull

265 posts

121 months

Saturday 8th August
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Benmac said:
They ve all got carbon brakes. Nose lift is a nice to have but unless you ve got to access somewhere regularly that a bit tight it s not essential, they ride fairly high compared to say GT Porsches.

Probably the biggest help for later resale are the carbon seats.
Thank you for the reply and as Im obviously clueless didn’t realise carbon brakes are standard unlike a porka.

Carbon seats are a good spec point.

7GJR

271 posts

126 months

Sunday 9th August
quotequote all
I've only come close to grounding out once in three years with no nose-lift.

The usual 'must-haves' are said to be the Goldrake racing seats (i.e. the 'carbon seats'), the steering wheel with LEDs and the upgraded wheels (albeit I've seen very few cars with the 'standard' wheels).

Resale seems to be improved by having interior carbon (vents, bridge, kick-plates), but it's not a necessity in my view. The exterior carbon too is nice, but not a deal-breaker. Nor is the JBL that much better than the standard offering.

Trev450

6,742 posts

201 months

Sunday 9th August
quotequote all
7GJR said:
I've only come close to grounding out once in three years with no nose-lift.

The usual 'must-haves' are said to be the Goldrake racing seats (i.e. the 'carbon seats'), the steering wheel with LEDs and the upgraded wheels (albeit I've seen very few cars with the 'standard' wheels).

Resale seems to be improved by having interior carbon (vents, bridge, kick-plates), but it's not a necessity in my view. The exterior carbon too is nice, but not a deal-breaker. Nor is the JBL that much better than the standard offering.
Just as an FYI, smile the carbon seats can be either Goldrake or Daytona. The only difference is the style of the leather on the seat itself. Both are nice and highly desirable.

RoamingBull

265 posts

121 months

Sunday 9th August
quotequote all
https://www.portlandautos.co.uk/vehicles/ferrari/f...


This is the one id seen. Love the colour and looks well on a 488. Like I state I’m not clued up on the Ferrari front.
Guess they’ve bottomed out price wise or where we seeing these head.

7GJR

271 posts

126 months

Monday 10th August
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Trev450 said:
Just as an FYI, smile the carbon seats can be either Goldrake or Daytona. The only difference is the style of the leather on the seat itself. Both are nice and highly desirable.
Every day is a school day, thanks for that.

In terms of prices, “bottoming out,” I’m afraid that ship sailed, possibly the end of last year when there were cars up for £130k.