Changing interior trim - resale

[MDL111]

If you are "not rich" then paying a 5-digit permium for less than 10k miles on a relatively old car to me seems like a financially imprudent idea. Buy a 20-30k mile car that fits your spec criteria (or even higher mileage) as otherwise you will worry about the financial impact of every mile driven, which kind of defeats the purpose

Edit to add - i suspect an interior colour change will lead to an immediate depreciation hit as it is no longer original, which Ferrari buyers value above all else (incl mileage)

[HardtopManual]

adamellisdj said:

For a 2012/13 458, first time buyer, cautious of not getting a dud, what mileage would you be looking at?

I was thinking 5/10k miles.

5k on a 2012 car is just over 500 a year. 10k is 1100 a year. I'm not sure why you think anything more is too many, or why low mileage will guarantee no impending bills.

If you want to be sure of not buying a "dud", get a PPI done by someone who knows what they are looking for.

TBH, and don't take this the wrong way, but I don't think Ferrari ownership is for you.

[willy wombat]

Going back to “creases on the seats”. Some have a small amount of creases when brand new.

[LordOfTheManor]

I've notice Porsche have the same problem

[robsco]

willy wombat said:

Going back to “creases on the seats”. Some have a small amount of creases when brand new.

My F430 has creases on the driver’s seat. Looks like it’s just a characteristic of the car, it’s not wear.

[adamellisdj]

ANOpax said:

It's not about whether you're rich or not. It's about your expectations which many (including myself) see as unrealistic.

You're expecting to buy a 8/9 year old car for less money (almost half the price) of the brand new equivalent but you want it to be in brand new condition and have brand new reliability.
You're also expecting an essentially hand crafted machine to conform to the tolerances and specifications of a machine made and mass produced car (your AMG). Has it occurred to you that the reason there is a crease in the leather of the 458 could be because the leather might be semi-aniline and therefore a premium natural product rather than the processed and painted leather that you will find in just about any other car (including the AMG)?

You're a musician: Therefore you of all people should understand passion and emotion. Understanding Ferraris is all about understanding the emotion and passion that they provoke when you drive one. They are not about perfect paint, leather or mechanical reliability. In fact, accepting their failings as 'charm' is a part of the ownership experience. You are not paying for the perfect driving machine (see the Germans for that). You are paying for the most exhilarating driving machine.

I apologise if I come across as being a bit harsh but countless other newbies have researched their first Ferrari purchase without exhibiting quite the level of anxiety that you have done. My greatest fear for you is that the experience of owning a wonderful car will be tainted by unrealistically high expectations on your part which will be impossible to meet. It's just a damned car, not the bloody messiah.

Thank you for your post. I get what you mean and I can see why my posts may rub one up the wrong way.

I guess I never ever thought I would be able to get a car like this, and my brain works many many steps in front haha. It can be a blessing or a curse.

I do like to think I’m realistic, iE I know I can’t get a f8 right now (I mean, I could financially, but it would be very silly to do so), so I’m just exploring and trying to underhand all the many questions and ideas my mind presents to me

[adamellisdj]

MDL111 said:

If you are "not rich" then paying a 5-digit permium for less than 10k miles on a relatively old car to me seems like a financially imprudent idea. Buy a 20-30k mile car that fits your spec criteria (or even higher mileage) as otherwise you will worry about the financial impact of every mile driven, which kind of defeats the purpose

Edit to add - i suspect an interior colour change will lead to an immediate depreciation hit as it is no longer original, which Ferrari buyers value above all else (incl mileage)

Well I mean if I budget £1500 a month, thats 10% of my monthly pre tax income. I do not think that is outlandish.

That gets me a £160k finance deal with 15% deposit.

So I can afford the newer, less miles one. But I’m more than open now, to getting an older higher mile car. It may even make more sense.

Edited by adamellisdj on Tuesday 16th February 13:48

[adamellisdj]

MDL111 said:

If you are "not rich" then paying a 5-digit permium for less than 10k miles on a relatively old car to me seems like a financially imprudent idea. Buy a 20-30k mile car that fits your spec criteria (or even higher mileage) as otherwise you will worry about the financial impact of every mile driven, which kind of defeats the purpose

Edit to add - i suspect an interior colour change will lead to an immediate depreciation hit as it is no longer original, which Ferrari buyers value above all else (incl mileage)

Well I mean if I budget £1500 a month, thats 13% of my monthly pre tax income. I do not think that is outlandish.

That gets me a £160k finance deal with 15% deposit.

So I can afford the newer, less miles one. But I’m more than open now, to getting an older higher mile car. It may even make more sense.

Edited by adamellisdj on Tuesday 16th February 13:49

Edited by adamellisdj on Tuesday 16th February 14:16

[adamellisdj]

HardtopManual said:

adamellisdj said:

For a 2012/13 458, first time buyer, cautious of not getting a dud, what mileage would you be looking at?

I was thinking 5/10k miles.

5k on a 2012 car is just over 500 a year. 10k is 1100 a year. I'm not sure why you think anything more is too many, or why low mileage will guarantee no impending bills.

If you want to be sure of not buying a "dud", get a PPI done by someone who knows what they are looking for.

TBH, and don't take this the wrong way, but I don't think Ferrari ownership is for you.

Haha thanks. Il send you the pics when I get it.

[HardtopManual]

adamellisdj said:

Haha thanks. Il send you the pics when I get it.

Just send me a hologram. Because I think that's going to be the dominant picture messaging technology by the time you've bought a car.

[adamellisdj]

HardtopManual said:

adamellisdj said:

Haha thanks. Il send you the pics when I get it.

Just send me a hologram. Because I think that's going to be the dominant picture messaging technology by the time you've bought a car.

Haha touché.

Il have changed my mind 3 times by then too

[HardtopManual]

By the way, if you are genuinely on £200k a year, given all the anxiety you exhibit, finance something newer (or brand new) from the dealer, rather than paying over the odds for a clocked 458.

[adamellisdj]

HardtopManual said:

By the way, if you are genuinely on £200k a year, given all the anxiety you exhibit, finance something newer (or brand new) from the dealer, rather than paying over the odds for a clocked 458.

Clocked? You’re very cynical lol.


458 is the car Ive lusted over, for my own personal reasons.

I could get a 488, 3 years old for not that much more than a low mile, 13/14 458.

Buying new is not of interest to me right now. The depreciation on a new model over 2 years is enough deposit to buy 2 houses. Also, I don’t feel the income I bring in justify a the cost of a new F car.

Il have a new Ferrari or similar one day. But now is not the time.

Edited by adamellisdj on Tuesday 16th February 14:15

[MDL111]

adamellisdj said:

MDL111 said:

If you are "not rich" then paying a 5-digit permium for less than 10k miles on a relatively old car to me seems like a financially imprudent idea. Buy a 20-30k mile car that fits your spec criteria (or even higher mileage) as otherwise you will worry about the financial impact of every mile driven, which kind of defeats the purpose

Edit to add - i suspect an interior colour change will lead to an immediate depreciation hit as it is no longer original, which Ferrari buyers value above all else (incl mileage)

Well I mean if I budget £1500 a month, thats 13% of my monthly pre tax income. I do not think that is outlandish.

That gets me a £160k finance deal with 15% deposit.

So I can afford the newer, less miles one. But I’m more than open now, to getting an older higher mile car. It may even make more sense.

Edited by adamellisdj on Tuesday 16th February 13:49

Edited by adamellisdj on Tuesday 16th February 14:16

I meant more along the lines of overall cost of a say 25k miles car will likely be (a lot) less than of a 7k miles car assuming you drive it. In particular if the 7k mile car needs remdeial work due to not having been driven in the recent past because it was in storage or similar (so check in particular mileage during the last few years to be comfortable).

[Durzel]

If you're on £180k a year pre-tax, why are you worried about the resale value on a 8-9 year old 458?

The only obvious advice is to buy a car that is relevant to your needs. If you're planning on doing "normal" mileage, then there is no point buying a sub 5-10k garage queen as you'll be paying a premium and then wiping that out.

I can't even see what crease you're referring to in that image you posted, for what it's worth.

[Taffy66]

As my old dearly departed grandpa once told me.'' If you ever get yourself into a hole, stop digging other wise you'll dig yourself too deep to get out of it''

[adamellisdj]

Taffy66 said:

As my old dearly departed grandpa once told me.'' If you ever get yourself into a hole, stop digging other wise you'll dig yourself too deep to get out of it''

Yeah my shovels been put away. For now.

Thanks for all your views

[HardtopManual]

Get your order in now, you're going to need some: https://www.amazon.co.uk/dp/B00DDJY8HQ

[BlueIn2Red]

adamellisdj said:

I think I’ve been romanced into thinking anything above 10,000 is REALLY bad.

Ironic, because the opposite is the case - a sub-10k car will very likely run less well, and be less reliable, than a car that has been used as intended. Of course, if you're buying the car to look at and impress your mates rather than drive it, buy a low mileage garage queen and keep it that way.

[blueg33]

Sorry to reawaken a dead thread

Op mentions he can get a full re trim for £3k. Does anyone know where from?

I am looking at getting the Daytona seats and door cards in my 360 re-trimmed. Same colour and spec as they are now. The rest of the leather is great.