458 Values - again
Discussion
I am also a real owner (458 Spider). When the 488 Spider was launched, if I’d wanted to switch to it the cost would have been my 458 as a p/e plus £80 to 100 k depending on how much spec I put on it. Now if I wanted to change it would be close to a straight swap. In terms of future values, I think the “remainder of the service plan” mentioned above is a red herring as in few years time neither 458 nor 488 will have a service plan remaining. If I had to bet, I think in ten years time the 458 will be worth more then the 488 due to a combination of natural aspiration and the F8 effect but as I said in an earlier post, no one knows.
Maybe I’m a bit different than some on here who rate 488 as better car.
When I got the 458 I’d also driven 488, Hurracans, GT3’s and Mclarens.
Mclarens were written off due to terrible residuals and sounding woeful in comparison to other cars.
GT3 written on simply because owned a 911 previously otherwise a 991.1 GT3 RS was mega tempting.
Huracan was all shouty but not a great drive and though Performante was a much better drive and a ballistic missile I felt 210k was stretching my budget and I felt it was a risk and I’m glad I did not go there as similar cars are now being advertised sub 170k.
I drove the 488 and I’d argue if you want a Ferrari as a daily then it’s actually is indeed a better car than a 458 and yes it’s a far faster and more planted car than a 458, so yep in short the 488 is a better car and I could have had one for only an extra 20-30k.
Yet the 458 won my heart the sound was only rivalled by the Huracan but I just love how engaging, exciting and thrilling it is even at legal speeds.
If performance and ability was my only interest I’d just buy a Tesla or a tuned GTR but I wanted something that felt truly special but could also do the daily chore and the 458 just did it for me and yes technically a 488 is better but not for me and I did look at F430’s as they have always being my dream car but the 458 blew me away and felt as special, yet progressing into the 488 did not blow me away like 430 to 458 did, for me I drove 488 thinking wow but then I was Instantly missing the shrill and harmonics of the 458 and how it felt more engaging and edgy at legal speeds.
We all like different things and no one knows the future but I believe in ten years time a 458 will have more value than an equal spec 488 and maybe even F8 but only time will tell.
The 458 can’t be replaced by a better model as it’s the only car with that engine along with Speciale. Whereas 488, F8 and many other models all share the 3.9l TT unit and no doubt more cars to come and that will push 488 values much lower yet for sure but time will tell and in the meantime we can all thoroughly enjoy driving whatever amazing Ferrari we currently own as they are all superb cars.
When I got the 458 I’d also driven 488, Hurracans, GT3’s and Mclarens.
Mclarens were written off due to terrible residuals and sounding woeful in comparison to other cars.
GT3 written on simply because owned a 911 previously otherwise a 991.1 GT3 RS was mega tempting.
Huracan was all shouty but not a great drive and though Performante was a much better drive and a ballistic missile I felt 210k was stretching my budget and I felt it was a risk and I’m glad I did not go there as similar cars are now being advertised sub 170k.
I drove the 488 and I’d argue if you want a Ferrari as a daily then it’s actually is indeed a better car than a 458 and yes it’s a far faster and more planted car than a 458, so yep in short the 488 is a better car and I could have had one for only an extra 20-30k.
Yet the 458 won my heart the sound was only rivalled by the Huracan but I just love how engaging, exciting and thrilling it is even at legal speeds.
If performance and ability was my only interest I’d just buy a Tesla or a tuned GTR but I wanted something that felt truly special but could also do the daily chore and the 458 just did it for me and yes technically a 488 is better but not for me and I did look at F430’s as they have always being my dream car but the 458 blew me away and felt as special, yet progressing into the 488 did not blow me away like 430 to 458 did, for me I drove 488 thinking wow but then I was Instantly missing the shrill and harmonics of the 458 and how it felt more engaging and edgy at legal speeds.
We all like different things and no one knows the future but I believe in ten years time a 458 will have more value than an equal spec 488 and maybe even F8 but only time will tell.
The 458 can’t be replaced by a better model as it’s the only car with that engine along with Speciale. Whereas 488, F8 and many other models all share the 3.9l TT unit and no doubt more cars to come and that will push 488 values much lower yet for sure but time will tell and in the meantime we can all thoroughly enjoy driving whatever amazing Ferrari we currently own as they are all superb cars.
I have a starship mileage unsaleable shed of a 2010 458 with 33k miles but everything I want - race seats, carbon interior bits, JBL stereo, forged wheels, shields, nice stripes in the leather and a whole bunch of other things but those are the main things for me. I have driven 488s including at Fiorano and while I agree with most of the comments above, I think the 488 is a much better track car. Also, the 488 Spider with the little back window that can be lowered does narrow the gap with the 458 in aural terms. I would leave that open all the time. I was offered only £100k when I was considering trading it in for a 488 Spider in 2018 (with 30k miles). I don't see it as any form of appreciating asset and I may keep it forever (it's exactly the 458 I'd spec if bought new) as the incremental advantage of a 488 is minimal or if the stars align, I might chop it in for an F8 Spider. I think anyone who buys their car to drive it will be relatively unconcerned about any prospect of appreciation. I think anyone who doesn't should also consider other asset classes which are more conventional. If you had put F430 money into a Dow tracker fund a year ago it could be 458 money.
BlueIn2Red said:
I'm a "real owner" and for me the 458 is the better car, which is why I own one, and haven't moved to a 488. Those that did decide to go to a 488 are hardly likely to say the 458 is a better car, because it would make their decision look rather stupid!
That's s bizarre comment IMHO as i don't think anyone would lie about which is a better car when they have had and can afford both! By the way, I never moved to a 488 as I always thought the 458 was a better car too! PrancingHorses said:
That's s bizarre comment IMHO as i don't think anyone would lie about which is a better car when they have had and can afford both! By the way, I never moved to a 488 as I always thought the 458 was a better car too!
You misunderstood me - I’m not saying they’re lying, but that clearly they think the 488 is better, which is why they made the choice they did. Your point was that all the owners of 488s you’d spoken to said the 488 was the better car - of course they would say that, because it’s subjective, and everybody buys the car they want. I’m just saying that there are people like me who prefer the 458, and own one - you said that only people on the internet prefer the 458, not “real owners” ... you’re not correct in saying that.I daily'd a 458 for a year and 8k miles last year.
Sold it in May of 19 for 10k less than I paid for it.
I think I got out at the right time as the market seems to have softened since.
The 488 is a better car in every way other than the sound. I don't know how anyone that has driven them both extensively could argue with that really.
Sold it in May of 19 for 10k less than I paid for it.
I think I got out at the right time as the market seems to have softened since.
The 488 is a better car in every way other than the sound. I don't know how anyone that has driven them both extensively could argue with that really.
It's a subjective thing.
The 488 is objectively a much better car. No-one can really deny that. However, in the 458 you get to wring it out gloriously for another 1000 rpm. In the 488 you just short shift as there is no benefit or point and you keep running into the redline if you don't - this also impacts on the potential the engine/exhaust has to work with for aural drama, as well as it actually not doing as good a job to make it fun. You make dramatically more progress (not always good) with dramatically less drama (not always bad).
So rather than chopping my 458 in to get a better and more expensive to run track car which in my subjective opinion (and if you disagree based on your experience, you know what, you are right) is a bit less fun, I ordered an Atom 4.
The 488 is objectively a much better car. No-one can really deny that. However, in the 458 you get to wring it out gloriously for another 1000 rpm. In the 488 you just short shift as there is no benefit or point and you keep running into the redline if you don't - this also impacts on the potential the engine/exhaust has to work with for aural drama, as well as it actually not doing as good a job to make it fun. You make dramatically more progress (not always good) with dramatically less drama (not always bad).
So rather than chopping my 458 in to get a better and more expensive to run track car which in my subjective opinion (and if you disagree based on your experience, you know what, you are right) is a bit less fun, I ordered an Atom 4.
Edited by MingtheMerciless on Friday 3rd January 10:26
This is the cheapest Speciale I’ve seen in RHD. If it only it was in red or blue for me.
https://www.pistonheads.com/classifieds/used-cars/...
https://www.pistonheads.com/classifieds/used-cars/...
Rari said:
This is the cheapest Speciale I’ve seen in RHD. If it only it was in red or blue for me.
https://www.pistonheads.com/classifieds/used-cars/...
They really are shedding value fast!https://www.pistonheads.com/classifieds/used-cars/...
I'd absolutely love one of these. Think it looks stunning in yellow too!
Taaaaang said:
Rari said:
This is the cheapest Speciale I’ve seen in RHD. If it only it was in red or blue for me.
https://www.pistonheads.com/classifieds/used-cars/...
They really are shedding value fast!https://www.pistonheads.com/classifieds/used-cars/...
I'd absolutely love one of these. Think it looks stunning in yellow too!
Desert Dragon said:
Taaaaang said:
Rari said:
This is the cheapest Speciale I’ve seen in RHD. If it only it was in red or blue for me.
https://www.pistonheads.com/classifieds/used-cars/...
They really are shedding value fast!https://www.pistonheads.com/classifieds/used-cars/...
I'd absolutely love one of these. Think it looks stunning in yellow too!
Just had a little browse through auto trader and it seems there is now a Pista in the dealer network. I'm quite surprised at that.
Taaaaang said:
Desert Dragon said:
Taaaaang said:
Rari said:
This is the cheapest Speciale I’ve seen in RHD. If it only it was in red or blue for me.
https://www.pistonheads.com/classifieds/used-cars/...
They really are shedding value fast!https://www.pistonheads.com/classifieds/used-cars/...
I'd absolutely love one of these. Think it looks stunning in yellow too!
Just had a little browse through auto trader and it seems there is now a Pista in the dealer network. I'm quite surprised at that.
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