Unregistered 458 Italia for sale
Discussion
johnnyreggae said:
Doesn't £ 200 000 buy you a well-specced brand new 488GTB built just for you ? Which makes more sense ?
With the Spiders arriving they might even offer a discount on a GTB to use their allocation - either that or a well-priced one owner six month old car
It won't be well specced. However 235k willWith the Spiders arriving they might even offer a discount on a GTB to use their allocation - either that or a well-priced one owner six month old car
Anecdotal but I had my eye on a 2014 458 Spider in Rosso/Nero that was up at JTC Brooklands recently, for £205k with ~3k miles. That had a fair amount of carbon too, including winglets, side skirts and rear panel and the interior racing kit. I thought it was a touch expensive but it appears to have sold quickly. So, £205k for an unregistered car doesn't sound bad to me?
For what it's worth I'm not sure direct comparisons between 458 and 488 are apropos. Whilst the latter has more BHP, it is also a sea change in dynamics - N/A vs Turbo. That will matter for some people, and seems to be borne out in the 458's continued buoyant market.
That being said it doesn't have a carbon tub, so you'll be lucky if it retains 50% of its value after a year.
For what it's worth I'm not sure direct comparisons between 458 and 488 are apropos. Whilst the latter has more BHP, it is also a sea change in dynamics - N/A vs Turbo. That will matter for some people, and seems to be borne out in the 458's continued buoyant market.
That being said it doesn't have a carbon tub, so you'll be lucky if it retains 50% of its value after a year.
Davetherave95 said:
That's useful to know. The way the dealer makes out is that discounted list price never happens! I wasn't really looking for such a new 458, but when the dealer mentioned 30k off the list price my ears pricked up, must be the scots in me..
I think a good 3-4 year old one might be more sensible
But 4 Years warranty is worth what £12k, 7 Year free servicing another £5k, you'll not get all of that on a used one so factoring that in will make it a better deal, plus you get to own a new car albeit one that's been stored for a while. I suspect £30k is a realistic discount and probably around their cost, previous peoples apparent deals may not always tell the whole story. 458's are going for strong money at the moment and a lower mileage car may well be desirable to a collector in the future.I think a good 3-4 year old one might be more sensible
Whatever the financials these purchases are from the heart not the head so if you want one go for it
Something you might want to check - the warranty 'clock' probably starts ticking after a set period, even if its unregistered. Maybe the seller will honour any balance over the four year period that is uncovered by the factory, if it is a Ferrari dealer they probably will, but worth a conversation.
The other thing you should think about is if you really love the car. It's nice being the first owner on the logbook, but once you are it's possible that the additional value (and therefore reason for the high price) goes immediately. If you were a collector and wanted an unregistered, unmolested example, this would be it. If you want to use it, you may find that the ultimate depreciation is more than for a late model, lightly used example.
On the other hand, you're the first bum to sit in the seat
and if you like the spec, why not?
I think it is very difficult to get discount out of Ferrari dealers, not quite sure of the story with Rambo but it is highly unusual. Maybe a cancelled order with a forfeit deposit or something but even then, seems abnormal. Sometimes late production Cali T or an FF they will do something for you. Used cars are far less regulated by Ferrari so pricing can be a bit more flexible there I suspect.
My 488 spider has plenty of extra campionaro and is nicely spec'd, comes under £240k. A very decent GTB could easily be had for around £220k
The other thing you should think about is if you really love the car. It's nice being the first owner on the logbook, but once you are it's possible that the additional value (and therefore reason for the high price) goes immediately. If you were a collector and wanted an unregistered, unmolested example, this would be it. If you want to use it, you may find that the ultimate depreciation is more than for a late model, lightly used example.
On the other hand, you're the first bum to sit in the seat
and if you like the spec, why not?I think it is very difficult to get discount out of Ferrari dealers, not quite sure of the story with Rambo but it is highly unusual. Maybe a cancelled order with a forfeit deposit or something but even then, seems abnormal. Sometimes late production Cali T or an FF they will do something for you. Used cars are far less regulated by Ferrari so pricing can be a bit more flexible there I suspect.
My 488 spider has plenty of extra campionaro and is nicely spec'd, comes under £240k. A very decent GTB could easily be had for around £220k
The discount I was offered was in the run out stage and within the dealers last allocation for March 2015 production. It wasn't a cancelled order. It was circa £244k spec from memory and they would of done it for £212k so most of the options were effectively FOC.
Could of also had a 3 month old 1,000 mile 458 spider ex demo for £190k v list of £250k
I specced out a 458 Speciale with just the essentials to £240k but that was going to be full list price obviously.
Should of bought the Speciale based on todays prices
Don't think Ferrari dealers are going to admit to discounting but its there on certain models at certain times. Either that or I'm not giving myself enough credit for being a good negotiator
Could of also had a 3 month old 1,000 mile 458 spider ex demo for £190k v list of £250k
I specced out a 458 Speciale with just the essentials to £240k but that was going to be full list price obviously.
Should of bought the Speciale based on todays prices
Don't think Ferrari dealers are going to admit to discounting but its there on certain models at certain times. Either that or I'm not giving myself enough credit for being a good negotiator
Davetherave95 said:
That's useful to know. The way the dealer makes out is that discounted list price never happens! I wasn't really looking for such a new 458, but when the dealer mentioned 30k off the list price my ears pricked up, must be the scots in me..
I think a good 3-4 year old one might be more sensible
Cancelled orders with deposit sacrificed can be offered with the amount of deposit discounted. That happened with me at a certain Scottish ferrari AD in 2012. I think a good 3-4 year old one might be more sensible
I think its more of a collectors car in that if you are not going to drive it buy it and it will retain its value + potentially.
If you are going to drive it more than a 1,000 miles a year you will lose its premium and you would be better buying a used one that's depreciated already and that you can actually enjoy IMHO.
When I had my 430 Scuderia I was far too concerned about putting miles on it and effecting its value and in the end that's why I sold it
If you are going to drive it more than a 1,000 miles a year you will lose its premium and you would be better buying a used one that's depreciated already and that you can actually enjoy IMHO.
When I had my 430 Scuderia I was far too concerned about putting miles on it and effecting its value and in the end that's why I sold it
£35k off is a decent discount of course. As the previous posters mention, it depends on how much you want to drive it.
I can't get my head around not driving a car out of fear of (inevitable) depreciation with additional miles. You're buying a beautiful Ferrari, can you really live with it in a garage for the time you own it? I'd prefer a 458 over a 488 personally. I'm sure the latter is faster but you'll almost certainly not haggle £35k off a new one of those at the moment!
I can't get my head around not driving a car out of fear of (inevitable) depreciation with additional miles. You're buying a beautiful Ferrari, can you really live with it in a garage for the time you own it? I'd prefer a 458 over a 488 personally. I'm sure the latter is faster but you'll almost certainly not haggle £35k off a new one of those at the moment!
JW82 said:
£35k off is a decent discount of course. As the previous posters mention, it depends on how much you want to drive it.
I can't get my head around not driving a car out of fear of (inevitable) depreciation with additional miles. You're buying a beautiful Ferrari, can you really live with it in a garage for the time you own it? I'd prefer a 458 over a 488 personally. I'm sure the latter is faster but you'll almost certainly not haggle £35k off a new one of those at the moment!
I think someone on here hit the nail on the head when he said not driving you're car to keep the mileage down and the value up is like not sleeping with your hot girlfriend so as to keep her more desirable for the next boyfriend. Life is too short!I can't get my head around not driving a car out of fear of (inevitable) depreciation with additional miles. You're buying a beautiful Ferrari, can you really live with it in a garage for the time you own it? I'd prefer a 458 over a 488 personally. I'm sure the latter is faster but you'll almost certainly not haggle £35k off a new one of those at the moment!
So it's not a UK car then? also I think given this news the car is to all intents and purposes not new i.e. not in storage. It's been serviced so Modis will show it as a Year old car and a Years warranty and 1 Year of servicing will have expired, although I think you said they'd honour the 4 years/ 7 Years.
If you were selling it to them even with no miles they'd be pricing it as a Year old car and that will impact the value
Personally I'd be pushing them much harder on the price given the new information
If you were selling it to them even with no miles they'd be pricing it as a Year old car and that will impact the value
Personally I'd be pushing them much harder on the price given the new information
Davetherave95 said:
Essentially you're right, it's been shipped about to displays over the past year and a half, it's actually due its second service in January so modis registration was jan 2015. It's only done 80 miles but like you said, essentially it's not new.
The car is completely UK spec apparently, not quite sure why it went to Malaysia though. I was all ready to do the deal and then this cropped up, and they're definitely not budging on price
UK and Malaysia cars are the same spec so saying it is UK spec doesn't clarify whether it was intended to be sold new to Malaysia or not although you could argue either way as to whether that matters or not.The car is completely UK spec apparently, not quite sure why it went to Malaysia though. I was all ready to do the deal and then this cropped up, and they're definitely not budging on price
Jonathan
This may be obvious, but if it has been in the far east, you need to check that it is a UK RHD spec 458, the ones sold in Malaysia have different manifolds and other stuff calibrated for hot, humid climates. I'm not sure if it really makes much of a difference but it's just something you don't need to have to explain away or be told as a justification for a risible trade in offer in a few years' time.
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