Ferrari 458 in red wanted

[madd0g]

Looking to buy a RHD 458 in Red, anybody got one ordered they would like to sell for a profit, there are a few around but asking silly money over list,

[teen_cerbera]

They are "silly over list" because everyone is in the same boat as you. If you were to find someone willing to sell here, or anywhere else, I should imagine they would also ask "silly over list" as they know the worth of the car/build slot better than most.

[madd0g]

teen_cerbera said:

They are "silly over list" because everyone is in the same boat as you. If you were to find someone willing to sell here, or anywhere else, I should imagine they would also ask "silly over list" as they know the worth of the car/build slot better than most.

yes i know i'm going to have to pay but just looking for the best deal i can find

[SCD]

madd0g said:

Looking to buy a RHD 458 in Red, anybody got one ordered they would like to sell for a profit, there are a few around but asking silly money over list,

Tom Hartley have one in....

[martisracing]

Dick Lovetts at Swindon have one. 500 miles and 23k over list.

[pattyg]

Always seems a little strange to me that an approved dealer can charge way over list. No problem with the TH's and WL's of this world but not sure about franchised dealers.

Edited by pattyg on Thursday 28th October 13:13

[flow99]

pattyg said:

Always seems a little strange to me that an approved dealer can charge way over list. No problem with the TH's and WL's of this world but not sure about franchised dealers.

Edited by pattyg on Thursday 28th October 13:13

If its a used car, why should they not be able to charge whatever is the going rate?

[StuartMcKay]

pattyg said:

Always seems a little strange to me that an approved dealer can charge way over list. No problem with the TH's and WL's of this world but not sure about franchised dealers.

Edited by pattyg on Thursday 28th October 13:13

Supply and demand dictates it! I don't really see what’s wrong with it tbh and why should franchised dealers have to charge less when others can charge more? If someone desperately wants a car 2 years sooner than a dealer can supply a new car, then they pay a premium! Why should a dealer miss out on that opportunity?

If you are a customer looking to sell your car that you know is ultra rare and selling well above what it should then you would sell the car to whoever bids the most! If dealers were then governed by some silly rule stating that as a franchised dealer they were not allowed to sell cars over original list price, they would have any of that type of new/latest model stock!!

Also, where would you draw the line? Enzo's currently sell well above the original list price at main dealers so would they not be allowed to do that under this rule?

[Webber3]

I'm surprised to see so many of these for sale already. I remember some posts on here back in February, suggesting that Ferrari had a policy in place for the 458 to prevent people flipping them for a quick profit.

[cronk-flakes]

Webber3 said:

I'm surprised to see so many of these for sale already. I remember some posts on here back in February, suggesting that Ferrari had a policy in place for the 458 to prevent people flipping them for a quick profit.

I doubt they would sell many if that was the case.

Who wants to buy a depreciating asset that will lock you in for a minimum term?

[pattyg]

StuartMcKay said:

pattyg said:

Always seems a little strange to me that an approved dealer can charge way over list. No problem with the TH's and WL's of this world but not sure about franchised dealers.

Edited by pattyg on Thursday 28th October 13:13

Supply and demand dictates it! I don't really see what’s wrong with it tbh and why should franchised dealers have to charge less when others can charge more? If someone desperately wants a car 2 years sooner than a dealer can supply a new car, then they pay a premium! Why should a dealer miss out on that opportunity?

If you are a customer looking to sell your car that you know is ultra rare and selling well above what it should then you would sell the car to whoever bids the most! If dealers were then governed by some silly rule stating that as a franchised dealer they were not allowed to sell cars over original list price, they would have any of that type of new/latest model stock!!

Also, where would you draw the line? Enzo's currently sell well above the original list price at main dealers so would they not be allowed to do that under this rule?

Does it happen with any other products?...think I read somewhere that an official dealer could not sell a used product at a bigger price than list - could have been that Rolex dealers could not sell SS Daytona's for over list despite a few years waiting list...this was a while back though.

My point is that evenalthough Ferrari don't want buyers to turn them round for a quick profit their dealers are in fact party to this.

[AndrewW-G]

pattyg said:

My point is that evenalthough Ferrari don't want buyers to turn them round for a quick profit their dealers are in fact party to this.

Yet a number of people who flipped some of the most recent Ferraris have been at best bumped down the 458 waiting list, or even excluded from it.

IMHO Ferrari is in a difficult situation, as it and the dealers, not only want to make money on the sale of new cars, but more importantly, want the people who end up owning & driving the cars to form a relationship with the dealer, which will lead to the more profitable post purchase service work, as well as future purchases.

[EL77]

if you aren't aware of the fact then I really don't believe you are in a position to comment. every case is different and I know in this case the previous owner of the 458 part exchanged it along with another older far more expensive ferrari.

[jenzo]

Verdi has a physical RHD car Red/Crema/Red for sale. Delivery miles, UK reg car. Worth a try ?

[bad company]

Webber3 said:

I'm surprised to see so many of these for sale already. I remember some posts on here back in February, suggesting that Ferrari had a policy in place for the 458 to prevent people flipping them for a quick profit.

I can't think of a workable policy Ferrari could adopt. If you buy a car it's yours to keep, sell on or whatever.

[StuartMcKay]

pattyg said:

StuartMcKay said:

pattyg said:

Always seems a little strange to me that an approved dealer can charge way over list. No problem with the TH's and WL's of this world but not sure about franchised dealers.

Edited by pattyg on Thursday 28th October 13:13

Supply and demand dictates it! I don't really see what’s wrong with it tbh and why should franchised dealers have to charge less when others can charge more? If someone desperately wants a car 2 years sooner than a dealer can supply a new car, then they pay a premium! Why should a dealer miss out on that opportunity?

If you are a customer looking to sell your car that you know is ultra rare and selling well above what it should then you would sell the car to whoever bids the most! If dealers were then governed by some silly rule stating that as a franchised dealer they were not allowed to sell cars over original list price, they would have any of that type of new/latest model stock!!

Also, where would you draw the line? Enzo's currently sell well above the original list price at main dealers so would they not be allowed to do that under this rule?

Does it happen with any other products?...think I read somewhere that an official dealer could not sell a used product at a bigger price than list - could have been that Rolex dealers could not sell SS Daytona's for over list despite a few years waiting list...this was a while back though.

My point is that evenalthough Ferrari don't want buyers to turn them round for a quick profit their dealers are in fact party to this.

But Ferrari don't own, for example Dick Lovett. They are a business in there own right so have every right to command as much money as is possible and that the current market dictates!

+ all that would happen if Ferrari put that rule in place is Dick Lovett would set a seperate used prestige dealership to sell them from and Ferrari couldn't say a thing about it!!

[Pork]

What if the car is on SoR? Then, surely, the current owner can decide what he/she wants for it?

If its not worth the asking price, it wont sell, end off. Much like people griping about ticket touts, it wouldnt happen unless someone is prepared to happily pay the asking price IMO.

[traxx]

Webber3 said:

I'm surprised to see so many of these for sale already. I remember some posts on here back in February, suggesting that Ferrari had a policy in place for the 458 to prevent people flipping them for a quick profit.

I'm actually surprised there are so few RHD cars on the market - I'm sure there were more 430s available at this stage

[Webber3]

traxx said:

Webber3 said:

I'm surprised to see so many of these for sale already. I remember some posts on here back in February, suggesting that Ferrari had a policy in place for the 458 to prevent people flipping them for a quick profit.

I'm actually surprised there are so few RHD cars on the market - I'm sure there were more 430s available at this stage

The 458 is almost twice the price of the first 430 and this is post credit crunch. Maybe they'd just sold far more 430's at this stage?

[andy355]

EL77 said:

if you aren't aware of the fact then I really don't believe you are in a position to comment. every case is different and I know in this case the previous owner of the 458 part exchanged it along with another older far more expensive ferrari.

as you are in a position to comment given who you are, could you enlighten us as to Ferrari's policy? I presume it is that new cars have to be sold at list but once pre-owned market prices prevail. I think its better for ferrari dealers to actually have these cars in stock at a premium than having authorised dealers not have any of their hot new model to show unless they have a demo car which in the case of the 458 not all do

as to the premium on the 458 i think 20-30k is pretty modest for a rhd car at this stage.