458 Values - again

458 Values - again

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Discussion

fridaypassion

5,619 posts

196 months

Thursday 31st December 2020
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Saweep said:
To me the F8 was way better than a 488/458 but also way worse as you simply get nothing out of it unless driving at warp speed.

It's too bloody good.

(and still sounds like a hairdryer)
I found the power delivery odd as well. It's clearly pegged in the first two gears and despite what a lot of the reviewers said there's a pretty significant amount of turbo lag.

Re the Stereo JBL I'm amazed Ferrari chose JBL I mean it's a bit Argos as a brand isn't it? You wouldn't have a JBL home hifi system if you cared about your tunes.

BIRMA

3,156 posts

162 months

Thursday 31st December 2020
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Not sure about the system in the car but JBL do also do real high quality Hifi, my JBL speakers in my home hifi were just over £10K for the pair, they do make excellent speakers going up to about £60K.
Many of the 60's and 70's recordings were mixed down using the commercial version of the JBL Century. Just a bit of info for you.

Drl22

583 posts

33 months

Thursday 31st December 2020
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I’m amazed how many people are bothered about the speakers. I rarely, if ever, listen to music in a car like this.

fridaypassion

5,619 posts

196 months

Thursday 31st December 2020
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I have the radio on on longer trips mine is the basic one. Being into Lotus as well I've long been using high quality in ear headphones for longer motorway journeys as even a set of £100 Sennheisers would be better than any car stereo due to the blotting out of background noise.

BIRMA thats news to me never realised they were involved in anything fancy! I've spent 25 years around DJ/PA gear and moderate end hifi and I always associated JBL with sort of mid level PA gear and lower end hifi. Every days a school day!


Akajak

832 posts

207 months

Friday 1st January
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Saweep said:
I went from a Cali to a 458.

It felt like going from flying a space shuttle to the USS enterprise tbh.
Defo in driving enjoyment if not in speed

Saweep

5,895 posts

154 months

Friday 1st January
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Akajak said:
Saweep said:
I went from a Cali to a 458.

It felt like going from flying a space shuttle to the USS enterprise tbh.
Defo in driving enjoyment if not in speed
You think a 458 isn't significantly quicker than a cali?

JayP1

256 posts

141 months

Saturday 2nd January
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Didn’t realise JayEmm and Damian B (my two favourite vloggers) had just done a combined video in his 458 - thank you gents! I’m certainly leaning more towards the 458 over 488 for now

Akajak

832 posts

207 months

Saturday 2nd January
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Saweep said:
You think a 458 isn't significantly quicker than a cali?
In the twisties yes, outside the twisties not very much in it (I’m referring to the T)

Regy53

163 posts

99 months

Saturday 2nd January
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JayP1 said:
Didn’t realise JayEmm and Damian B (my two favourite vloggers) had just done a combined video in his 458 - thank you gents! I’m certainly leaning more towards the 458 over 488 for now
Im back in the market for a nice car and cant look beyond another 458 tbh. The 488 offers good value and i prefer the looks in a way but i think for value and residual you have to go 458. I would love a 720S but the noise and reliability kills it, they are terrific value for money at 140-150k imo

Edited by Regy53 on Saturday 2nd January 20:41

fridaypassion

5,619 posts

196 months

Sunday 3rd January
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What happened to your last one Reg it was a bit of a mystery I don't think we ever found out about?

Regy53

163 posts

99 months

Sunday 3rd January
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fridaypassion said:
What happened to your last one Reg it was a bit of a mystery I don't think we ever found out about?
No I never really said much, basically I got the jitters in general I did about 1200 miles in a month and found I didn't want to use it. I was also a bit unhappy with some paint issues on the 458 which had a random rust patch on the quarter which we all missed. In hindsight i should have just kept it but I sold it back to the dealer for not to much of a loss and bought another r8 v10 plus which had some crazy steering issue the dealer couldn't resolve and they took it back . I do love the R8 its very usable but I feel a lot more comfortable about a 458 now

I did just try to buy my old 458 back but its sold. I dont mind I am tempted by another but its done very few miles and is big ££ so i may wait it out and hope something come along with a month or so for a bit less.

The trade of age and miles vs price is difficult to judge, what is a 14 plate 7k mile 458 worth compared to a 12 plate 20 k mile

Edited by Regy53 on Sunday 3rd January 14:29

Drl22

583 posts

33 months

Sunday 3rd January
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Regy53 said:
No I never really said much, basically I got the jitters in general. I was also a bit unhappy with some paint issues on the 458 which had a random rust patch on the quarter which we all missed. I sold it and bought another r8 v10 plus which had some crazy steering issue the dealer couldn't resolve and they took it back . I did just try to buy my old 458 back but its sold. I dont mind I am tempted by another but its done very few miles and is big ££ so i may wait it out and hope something come along with a month or so for a bit less.

The trade of age and miles vs price is difficult to judge, what is a 14 plate 7k mile 458 worth compared to a 12 plate 20 k mile
Have you been looking at the red one at Meridian Modena? It certainly sounds like it, perfect car but it’s crazy money really. I’d buy it if it was for a collector and not to drive but to drive, it’s not worth the premium.

jsw777

43 posts

15 months

Sunday 3rd January
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Regy53 said:
fridaypassion said:
What happened to your last one Reg it was a bit of a mystery I don't think we ever found out about?
No I never really said much, basically I got the jitters in general I did about 1200 miles in a month and found I didn't want to use it. I was also a bit unhappy with some paint issues on the 458 which had a random rust patch on the quarter which we all missed. In hindsight i should have just kept it but I sold it back to the dealer for not to much of a loss and bought another r8 v10 plus which had some crazy steering issue the dealer couldn't resolve and they took it back . I do love the R8 its very usable but I feel a lot more comfortable about a 458 now

I did just try to buy my old 458 back but its sold. I dont mind I am tempted by another but its done very few miles and is big ££ so i may wait it out and hope something come along with a month or so for a bit less.

The trade of age and miles vs price is difficult to judge, what is a 14 plate 7k mile 458 worth compared to a 12 plate 20 k mile

Edited by Regy53 on Sunday 3rd January 14:29
I’m in a similar position having sold my spider due to a number of issues that arose after purchase and now thinking about getting back into another.
Certainly seem to be more of the them on the market with better specs but price range is quite big and I too find it difficult to balance age, spec and miles against price.

Regy53

163 posts

99 months

Sunday 3rd January
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Drl22 said:
Have you been looking at the red one at Meridian Modena? It certainly sounds like it, perfect car but it’s crazy money really. I’d buy it if it was for a collector and not to drive but to drive, it’s not worth the premium.
Yep exactly that, good dealer to deal with but the car is all the value.. That said they are willing to knock quite a bit off. It would give 2-3 years motoring without to much of a deal of mileage (under 20k still) You know if my old one just sold for say 135-140 and this one with 13k less miles similar spec 2 years newer is 150k it sounds plausible..

I have looked at 458's for a while now and despite there being cheaper on the market at Indi's i just wouldn't buy one without a factory warranty. Plus the cheaper ones are all cheaper for a reason. Spec, miles and age. No bucket seats is a no no. Forged wheels a must, ideally suede inner seats, full interior carbon a must, ideally a nice headlining and so on.

Even when people say the 488 is on par now, it really isn't for a nice spec car.

I work out I budget say 15k a year depreciation. So 4 years on the 458 and that car should be 90k... It isn't that bad as its unlikely it will be worth less than 100k anyway.

Edited by Regy53 on Sunday 3rd January 14:58


Edited by Regy53 on Sunday 3rd January 15:00

Drl22

583 posts

33 months

Sunday 3rd January
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Regy53 said:
Yep exactly that, good dealer to deal with but the car is all the value.. That said they are willing to knock quite a bit off. It would give 2-3 years motoring without to much of a deal of mileage (under 20k still) You know if my old one just sold for say 135-140 and this one with 13k less miles similar spec 2 years newer is 150k it sounds plausible..

I have looked at 458's for a while now and despite there being cheaper on the market at Indi's i just wouldn't buy one without a factory warranty. Plus the cheaper ones are all cheaper for a reason. Spec, miles and age. No bucket seats is a no no. Forged wheels a must, ideally suede inner seats, full interior carbon a must, ideally a nice headlining and so on.

Even when people say the 488 is on par now, it really isn't for a nice spec car.

I work out I budget say 15k a year depreciation. So 4 years on the 458 and that car should be 90k... It isn't that bad as its unlikely it will be worth less than 100k anyway.

Edited by Regy53 on Sunday 3rd January 14:58


Edited by Regy53 on Sunday 3rd January 15:00
I look at a different way. Ferrari power warranty is worthless, much better to get an independent warranty as it covers much more.

Secondly, I think Ferrari are propping up the prices of the 458, hence why we see the huge gap between dealer and Indy prices. If you find a car that’s been in the Ferrari program for its life but is now at an Indy this is the perfect spot. You are spot on about the spec though, it needs all of that.

fridaypassion

5,619 posts

196 months

Sunday 3rd January
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Drl22 said:
I look at a different way. Ferrari power warranty is worthless, much better to get an independent warranty as it covers much more.

Secondly, I think Ferrari are propping up the prices of the 458, hence why we see the huge gap between dealer and Indy prices. If you find a car that’s been in the Ferrari program for its life but is now at an Indy this is the perfect spot. You are spot on about the spec though, it needs all of that.
You might want to look closely at the claim limits on warranties the ones I was presented with from indies had 5k claims limits which would not really be much use. The warranty provider I use at my work quoted a special policy for me but even then the claim limit could only be 10k and I didn't see that as adequate on a 458 even though generally they are pretty robust a knackered gearbox is going to really hurt.

Regy I think your car went to a chap out Howden way so stayed pretty local. I would offer mine but I don't think I've had enough fun in it yet it will be nice to experience it out of covid times.

Regarding pricing when I was looking you could see how the panic point where people jumped out of the cars was 20k miles. I personally wouldn't buy one with less than 20k on because I reckon that's where the most premium is driven off if you take one from 7k to 20k that's where they seem to drop off quickest in pricing terms. Other than a tiny bit of intake paint flaking my car is basically as new so not sure really what having super low mileage really does for you on a Ferrari. I've always had the view I'm unlikely to keep it forever so not much point keeping the miles low for the next chap. Ferrari mains do have it a bit sewn up really as they do have the best warranty and also the process of going through the finance was much easier. I would imagine been in house they will also have far better residual values through this year too.

Regy53

163 posts

99 months

Sunday 3rd January
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Drl22 said:
I look at a different way. Ferrari power warranty is worthless, much better to get an independent warranty as it covers much more.

Secondly, I think Ferrari are propping up the prices of the 458, hence why we see the huge gap between dealer and Indy prices. If you find a car that’s been in the Ferrari program for its life but is now at an Indy this is the perfect spot. You are spot on about the spec though, it needs all of that.
true but then they are paying top dollar for 458's anyway if your selling...

I mean looking at Indi cars now there really isn't much that doesn't make the Ferrari dealer cars seem fair value , they all have a of spec missing.

2010 29k miles £120k carbon, no sport seats, red
2012 15k miles £135k no carbon no sport seats, red
2012 20 k miles £120k no carbon no sport seats, black
2012 5k miles £136k no carbon no sport seats, red
2012 5k miles £143k some carbon, no sport seats, white
2013 spider 24k miles £145k carbon and sport seas grey
2011, 12k miles, £135k no carbon no sport seats, red
2013 17k miles, £140k carbon and sport seats, red


vs ferrari main

2012 10k miles £140k carbon and sports seats black
2012 spider, 20k miles £140k carbon and sport seats, silver
2012 18k miles £140k carbon and sport seats, red (my old one)
2011 22k miles £130k sport seats no carbon, red

Imo the main dealers are keeping things real

Edited by Regy53 on Sunday 3rd January 16:02

Regy53

163 posts

99 months

Sunday 3rd January
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fridaypassion said:
You might want to look closely at the claim limits on warranties the ones I was presented with from indies had 5k claims limits which would not really be much use. The warranty provider I use at my work quoted a special policy for me but even then the claim limit could only be 10k and I didn't see that as adequate on a 458 even though generally they are pretty robust a knackered gearbox is going to really hurt.

Regy I think your car went to a chap out Howden way so stayed pretty local. I would offer mine but I don't think I've had enough fun in it yet it will be nice to experience it out of covid times.

Regarding pricing when I was looking you could see how the panic point where people jumped out of the cars was 20k miles. I personally wouldn't buy one with less than 20k on because I reckon that's where the most premium is driven off if you take one from 7k to 20k that's where they seem to drop off quickest in pricing terms. Other than a tiny bit of intake paint flaking my car is basically as new so not sure really what having super low mileage really does for you on a Ferrari. I've always had the view I'm unlikely to keep it forever so not much point keeping the miles low for the next chap. Ferrari mains do have it a bit sewn up really as they do have the best warranty and also the process of going through the finance was much easier. I would imagine been in house they will also have far better residual values through this year too.
I would be surprised if its gone already when i was speaking with them about it they wanted 6 weeks to sort the paint and engine covers.. Its why i was hesitating. That was only last week. They sold it this week iirc

fridaypassion

5,619 posts

196 months

Sunday 3rd January
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It might have been out and back! If you check my ownership thread I'm pretty sure it went straight back out?

fridaypassion

5,619 posts

196 months

Sunday 3rd January
quotequote all
Regy53 said:
true but then they are paying top dollar for 458's anyway if your selling...

I mean looking at Indi cars now there really isn't much that doesn't make the Ferrari dealer cars seem fair value , they all have a of spec missing.

2010 29k miles £120k carbon, no sport seats, red
2012 15k miles £135k no carbon no sport seats, red
2012 20 k miles £120k no carbon no sport seats, black
2012 5k miles £136k no carbon no sport seats, red
2012 5k miles £143k some carbon, no sport seats, white
2013 spider 24k miles £145k carbon and sport seas grey
2011, 12k miles, £135k no carbon no sport seats, red
2013 17k miles, £140k carbon and sport seats, red


vs ferrari main

2012 10k miles £140k carbon and sports seats black
2012 spider, 20k miles £140k carbon and sport seats, silver
2012 18k miles £140k carbon and sport seats, red (my old one)
2011 22k miles £130k sport seats no carbon, red

Imo the main dealers are keeping things real

Edited by Regy53 on Sunday 3rd January 16:02
You would also need to add about £5000 to those indie prices for a top level warranty as well for 2 years to make them like for like.....