458 Values - again

458 Values - again

Author
Discussion

Gibbo205

3,550 posts

207 months

Tuesday 14th July 2020
quotequote all
No LED wheel NO SALE!
That car needs to be 10k cheaper than other similar spec and mileage cars with LED wheel to maybe tempt someone and even then I’d still not want it.

Taffy66

5,964 posts

102 months

Tuesday 14th July 2020
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Personally wouldn't buy any Ferrari without an LED Carbon fibre steering wheel..Find out how much the dealer will charge you to retro fit it and factor this in when doing a deal..Use it as leverage to get a discount.White 458s with Nero roof one of my favourite colour combos second only to Grigio Silverstone with Nero roof.

theRossatron

1,028 posts

232 months

Tuesday 14th July 2020
quotequote all
If the wheel is the only thing stopping you:

https://www.ebay.co.uk/itm/2012-FERRARI-458-SPIDER...

I'd imagine they are quite easy to swap/plug n play but dont know for certain.

garystoybox

777 posts

117 months

Tuesday 14th July 2020
quotequote all
Have to agree, the led wheel is the most important option as something you actually physically interact with and spend all your time looking at. As you mentioned ‘retaining its value”, the combo of white 458 and no led’s will be hugely impactful on future resale. I do know that the wheel switch is possible, if you can source it, as it was designed to ‘plug and play’. As suggested, might be worth contacting a main dealer and asking them for cost to supply and fit, but I’d make sure I was sitting down.

Wolf01

21 posts

87 months

Tuesday 14th July 2020
quotequote all
Thanks for the responses.

This is the car - looks stunning has only 7k and very documented history from a Ferrari dealer. It’s at 135k so I’m wondering how much would a retro fit wheel cost ? They are 2.5k from euro parts but that’s not including fitting

achaddy

35 posts

129 months

Tuesday 14th July 2020
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Puzzled as to why you would spec sooooo much carbon everywhere else but not the mandatory carbon/LED steering wheel????

I recall having a conversation with a main dealer about retro fitting a Carbon/LED wheel to a 488 and it was circa £5K. Don't see the price being much different for the 458. It is offered as a retro fit part in the Ferrari Genuine Catalogue. https://auto.ferrari.com/en_EN/ferrari-genuine-acc...

Wolf01

21 posts

87 months

Tuesday 14th July 2020
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The external carbon is retro fit post delivery

garystoybox

777 posts

117 months

Tuesday 14th July 2020
quotequote all
Don’t want to be a Debbie downer, but those heavy cast standard alloys are a turn off for resale as well. It doesn’t sounds that cheap given the colour, standard alloys and non led’s. I’d much rather look for a better factory spec car then start adding stuff and ending up with altered aftermarket car (even if a few more miles on the clock).

Wolf01

21 posts

87 months

Tuesday 14th July 2020
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This forum has been amazing. The dealer agreed to going 50 / 50 on a new car an wheel so - happy days 👍. So now it seems a very well spec car and with 2 year dealer warranty low mileage. Ok the alloys are not the light weight ones but I think I can live with that.

My reason to get out of the Mclaren is to have some stability on residuals and a car that brings a smile on your face.

chippy348

630 posts

147 months

Tuesday 14th July 2020
quotequote all
Wolf01 said:
Thanks for the responses.

This is the car - looks stunning has only 7k and very documented history from a Ferrari dealer. It’s at 135k so I’m wondering how much would a retro fit wheel cost ? They are 2.5k from euro parts but that’s not including fitting
What dealer ? GP B-Ham by chance ?

Wolf01

21 posts

87 months

Tuesday 14th July 2020
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Yes it is

chippy348

630 posts

147 months

Tuesday 14th July 2020
quotequote all
Wolf01 said:
Yes it is
I would just urge caution with them, they have given me the run around for the last 4 weeks on a Red 458, had to ask for my money back in the end.

That said a mate of mine who recommended them had a pleasant experience.

WilliamWaiver

439 posts

45 months

Tuesday 14th July 2020
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Wolf01 said:
This forum has been amazing. The dealer agreed to going 50 / 50 on a new car an wheel so - happy days ??. So now it seems a very well spec car and with 2 year dealer warranty low mileage. Ok the alloys are not the light weight ones but I think I can live with that.

My reason to get out of the Mclaren is to have some stability on residuals and a car that brings a smile on your face.
I think you might be jumping out of the frying pan and into the fire based on future values.
To me the Mclaren has hit the bottom of the depreciation curve and is hell of a lot of car for the money whereas the 458 seems a tad expensive for a 10 year old car and due a big price correction downwards.
Tony from Gravelwood cars recently commented on the latest STG or BTG video/podcast that he would not buy an overpriced 458 now but I wish you the best of luck. Just bare in mind that when you factor in the buying and selling margin, you have just kissed goodbye to at least £20k IMHO

Gibbo205

3,550 posts

207 months

Tuesday 14th July 2020
quotequote all
WilliamWaiver said:
Wolf01 said:
This forum has been amazing. The dealer agreed to going 50 / 50 on a new car an wheel so - happy days ??. So now it seems a very well spec car and with 2 year dealer warranty low mileage. Ok the alloys are not the light weight ones but I think I can live with that.

My reason to get out of the Mclaren is to have some stability on residuals and a car that brings a smile on your face.
I think you might be jumping out of the frying pan and into the fire based on future values.
To me the Mclaren has hit the bottom of the depreciation curve and is hell of a lot of car for the money whereas the 458 seems a tad expensive for a 10 year old car and due a big price correction downwards.
Tony from Gravelwood cars recently commented on the latest STG or BTG video/podcast that he would not buy an overpriced 458 now but I wish you the best of luck. Just bare in mind that when you factor in the buying and selling margin, you have just kissed goodbye to at least £20k IMHO
458 over a rubbish sounding and unreliable Mclarens any day sorry.

There is a reason why used Ferrari’s of ten years plus old still command good money and that is because the Ferrari dealers in general support used sale as well as new sales and look after all their customers to high standards irrelevant if you spend 100k or millions.

570S are worth peanuts at three years old and in ten years can see them being 30-40k bargain basement buys whereas cars like 458 will no doubt be rare and in high demand as the 458 though slower is way more fun to drive and sounds incredible out the box.

Wolf01

21 posts

87 months

Tuesday 14th July 2020
quotequote all
chippy348 said:
I would just urge caution with them, they have given me the run around for the last 4 weeks on a Red 458, had to ask for my money back in the end.

That said a mate of mine who recommended them had a pleasant experience.
I have seen the car you’re talking about - you able to say why you were not able to close the deal - they are a bit slow but no issues so far and seem
Pleasant enough.

WilliamWaiver

439 posts

45 months

Tuesday 14th July 2020
quotequote all
Gibbo205 said:
458 over a rubbish sounding and unreliable Mclarens any day sorry.

There is a reason why used Ferrari’s of ten years plus old still command good money and that is because the Ferrari dealers in general support used sale as well as new sales and look after all their customers to high standards irrelevant if you spend 100k or millions.

570S are worth peanuts at three years old and in ten years can see them being 30-40k bargain basement buys whereas cars like 458 will no doubt be rare and in high demand as the 458 though slower is way more fun to drive and sounds incredible out the box.
As a serial ferrari owner I'm not as damming as your verdict on a McLaren.
I liked to think I have an unbiased and open mind on these matters and not believe everything written on the Internet by non owners.
I currently have a Lambo and 2 ferraris and now want to add a McLaren to the collection to have my own holy trinity.
OK I'm not after a 570S but a 675LT spider but I don't think they sound bad for a turbo car and I know many McLaren owners that have run faultless cars for many years and thousands of miles.

I'm not brand loyal but buy what I consider to be the best product for me.
Far too many owners seek to justify their own purchase by slating others which is something I do not subscribe to personally.

I will do my research and find the right spec car fully confident its not a lemon which can effect any manufacturer TBF.

Where I agree with you is that Ferraris way to market from new and support/control of the used car market makes the ownership proposition more financially sound.

Mind you that said it doesn't always reflect in the px price they give you as I experienced when I recently looked at swapping the scud in for a pista.
They wanted over list on the pista and 30k behind on my mint 2 owner 12k high spec rossio scuderia 430 Scuderia.
I politely declined having my trousers whipped down so I think the poster needs to go in with open eyes realising he is already losing £20k dealer margin just too swap and may find he is buying high and selling low in 2 years which could quite easily mount up to £50k overall in 2 years. Given the current price of the 570S it hasn't got £50 k to lose lol.

Owners need to look at it objectively and not emotionally due to brand loyalty, after all its a bit of metal.



Edited by WilliamWaiver on Tuesday 14th July 20:24

DT398

1,745 posts

148 months

Tuesday 14th July 2020
quotequote all
Unless you are keeping it for ever, you do need to be wary of the spread between selling prices and what dealers will offer you to take it back.

Main dealers would be bidding you £100k for that car today in my view. Colour, wheels, seats would all go against it. If you are not planning on selling any time soon and you like the car, no issue but worth bearing in mind if you’ll be changing it in the short to medium term.

Durzel

12,270 posts

168 months

Tuesday 14th July 2020
quotequote all
LED steering wheel is a plug and play retrofit according to FerrariChat. Literally plug it in and everything works, don't even need to do any coding on the ECU.

If I were in the market for that car I'd want the cost of the steering wheel and fitting off the price, or get the dealer to do it and pay the asking.

MDL111

6,941 posts

177 months

Tuesday 14th July 2020
quotequote all
I am in the minority but I prefer without LEDs as they don’t switch off when you are in top gear and it is unpleasant to constantly have red lights in your eyes when you are trying to judge red brake lights in the distance at night
They are helpful on track though

WilliamWaiver

439 posts

45 months

Tuesday 14th July 2020
quotequote all
MDL111 said:
I am in the minority but I prefer without LEDs as they don’t switch off when you are in top gear and it is unpleasant to constantly have red lights in your eyes when you are trying to judge red brake lights in the distance at night
They are helpful on track though
Just out of interest at what rpm do the lights come on as I've never really paid attention on mine as I accelerate through the gears.

I don't take mine on motorways very often so would they be all lit up or some on cruising at 70 mph officer in top gear ?