Potential 458 spider purchase

Potential 458 spider purchase

Author
Discussion

Jim82

167 posts

39 months

Tuesday 29th March
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fridaypassion said:
458s will rise exponentially. A lot of people like myself don't want a turbo car so for me when I had a 458 there was no upgrade path within the brand. A 488 might be tempting but only as a cheaper alternative to an NA. The only other similar car really is a GT3 which I moved over to. Porsche are a bit less niche than Ferrari but more cars are available but both Porsche and Ferrari have made fewer cars than there is demand for.

Porsche and the GT product line are the last proper cars in production really certainly taking NA cars with very high performance.

All the good cars have been made its only downhill from here so all of these old cars will continue to rise way above anyone's current understanding.

When I drive a GT3 coming from a Ferrari which was cheaper that doesn't make any sense to me. The 458 is a step above and I think I will move back that way later. A true modern supercar and there are hardly any of them available so I'll be looking to get a nice one as a keeper.
Until you’ve had one, non owners won’t get it. They are so special and the best looking modern Ferrari.

MisterBigglesworth

145 posts

25 months

Tuesday 29th March
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Buy this, topaz skin it red, save yourself a huge garage queen premium and spend the summer driving it rather than arguing with Curledge over what they are worth.

https://www.pistonheads.com/buy/listing/12293398

andyr

248 posts

261 months

Tuesday 29th March
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I think that's a great looking car. I first started to look at white 458s.

Doesn't look like it has a FFSH though

Edited by andyr on Tuesday 29th March 20:00

Jim82

167 posts

39 months

Tuesday 29th March
quotequote all
andyr said:
I think that's a great looking car. I first started to look at white 458s.

Doesn't look like it has a FFSH though

Edited by andyr on Tuesday 29th March 20:00
That’s how I read the ad as well- know to our workshops !

MisterBigglesworth

145 posts

25 months

Tuesday 29th March
quotequote all
andyr said:
I think that's a great looking car. I first started to look at white 458s.

Doesn't look like it has a FFSH though

Edited by andyr on Tuesday 29th March 20:00
Shame if so, no idea why you would cut corners on a car at that value unless you skinned yourself to get in it.


Spleen

4,658 posts

98 months

Tuesday 29th March
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Hmm, depends really. I get my bits fixed on my F430 at indys but maintain a FSH with DL, I wonder if that’s what is going on here? Be very odd if not though.

andyr

248 posts

261 months

Tuesday 29th March
quotequote all
"purchased by the current keeper in February 2018 and known by our workshops since the August of that year."

I assume that means servicing.

I think its a good idea to have an independent fix the incidentals and the main dealer for the service. I would do that too.

Curledge

355 posts

5 months

Tuesday 29th March
quotequote all
MisterBigglesworth said:
Buy this, topaz skin it red, save yourself a huge garage queen premium and spend the summer driving it rather than arguing with Curledge over what they are worth.

https://www.pistonheads.com/buy/listing/12293398
Rather buy that at £30k less as you say.
Resale red might be worth a £10k premium but certainly not £30k.

Taffy66

5,339 posts

79 months

Tuesday 29th March
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I'd be amazed if this 458 hasn't got a full Ferrari Dealer service history as it was completely three for the first seven years. Totally daft if the owner decided to ignore this generosity from Ferrari

G-wiz

155 posts

3 months

Sunday 3rd April
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Meeko said:
This is a huge stretch financially for me, but it's now or never and owning a red 458 spider has been a dream and I can't miss out on it
I'm not you and you're not me, but if I was me, this part of your post would concern.

With rising cost of living, inflation, increased mortgage costs......I would not be making a purchase like this, at this point. April 2022.

TB303

1,039 posts

171 months

Sunday 3rd April
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G-wiz said:
I'm not you and you're not me, but if I was me, this part of your post would concern.

With rising cost of living, inflation, increased mortgage costs......I would not be making a purchase like this, at this point. April 2022.
100%. There’s going to be a lot of choice of all sorts of spots cars for those who can hold off for the moment. Chip shortage or not, the high end sports car market won’t be insulated from the wider economic woes for long.

Anecdotally the Boxster Spyder I sold last autumn is down nearly 20% on WBAC - those organisations know what’s what and are ahead of retail prices.

Spleen

4,658 posts

98 months

Sunday 3rd April
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Aye, there's no way I'd buy a 458 Spider (and I do want one) right now, prices are silly and I can't see them staying where they are just now. My F430, a less desirable but no less fun car, has stayed flat over the last 12 months or so although I have seen a few chancers stick one up in excess of £100k which will never happen. I'm pretty confident I'll get the money back I paid for it but probably not the £16k I've spent on it so far.

The 458 Spider is a supremely desirable car but I can't help feel that buying one will result in mucho pain later on. If you're at the tighter end of your piggy bank, it's going to hurt.

fridaypassion

6,293 posts

205 months

Sunday 3rd April
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Not a chance theres only one way for 458 prices and its way up from where they are now.

Spleen

4,658 posts

98 months

Sunday 3rd April
quotequote all
If you say so.

andyr

248 posts

261 months

Sunday 3rd April
quotequote all
Spleen said:
If you say so.
Well, we will have to come back to this thread in a years time to check, but I think fridaypassion is correct. There are lots of (known) reasons for this prediction.

But for me, the biggest reason is this car is still desirable to young car enthusiasts. Even my teenage sons say they want to own a 458. That means there will be aspirational buyers for a couple of decades to come. That is what will continue to keep prices high.

fridaypassion

6,293 posts

205 months

Sunday 3rd April
quotequote all
Spleen said:
If you say so.
I say that as an ex owner! Will be looking for another one soon. There are loads less cars around than there was when I bought my last one. They are peak car and are underpriced. Its only just starting to dawn....

Jim82

167 posts

39 months

Sunday 3rd April
quotequote all
All I can add as I recent purchaser is that the 458 is an unbelievably special car. It is the definition of a Supercar.
I don’t care where values go because I am astounded by every minute I spend in it or looking at it.

Curledge

355 posts

5 months

Sunday 3rd April
quotequote all
Spleen said:
Aye, there's no way I'd buy a 458 Spider (and I do want one) right now, prices are silly and I can't see them staying where they are just now. My F430, a less desirable but no less fun car, has stayed flat over the last 12 months or so although I have seen a few chancers stick one up in excess of £100k which will never happen. I'm pretty confident I'll get the money back I paid for it but probably not the £16k I've spent on it so far.

The 458 Spider is a supremely desirable car but I can't help feel that buying one will result in mucho pain later on. If you're at the tighter end of your piggy bank, it's going to hurt.
I agree they are overpriced for a 10 year old car built in its masses.

Yes its a great car but in every way bar its sound the 488 is far better dynamically. If i had a prime example bought several years ago or from new I would drive it as much as possible knowing that relatively speaking I wasn't going to lose a lot of money.

To enter the market now at its height and be restricted to a choice of poor spec cars does not make any sense to me and could result in a world of pain.

Not knocking the 458 in any way as if I could buy one at sensible money in the right spec I would but that's not an option at the moment and looking at it impartially and objectively I wouldn't get carried away with the hype in the states. The downside far outweighs any upside IMHO

fridaypassion

6,293 posts

205 months

Sunday 3rd April
quotequote all
The dreamers and fantasists talk the market down those of us with first hand knowledge and experience recognise what the 458 is. Within 5 year you will have a lot of trouble finding a sub 200k 458 I would bet my house on it.

Right now if you want a low mileage top spec car you better get the chequebook out. The prices are not made up I have heard of a feww trading off market at very high numbers. Me personally the next one I would be open to going off piste and wouldnt want a low mileage car and probably not resale red (shock!) but believe me if you want the very best example its getting very very hard to find them.

Curledge

355 posts

5 months

Sunday 3rd April
quotequote all
fridaypassion said:
I say that as an ex owner! Will be looking for another one soon. There are loads less cars around than there was when I bought my last one. They are peak car and are underpriced. Its only just starting to dawn....
Agree decent spec cars are hard to find now as most are in the hands of long term keepers now so only sold at a hefty premium for spec or miles
Must be hard to get your head round buying back an older car for more money. In hindsight you must regret selling your original car but we all live and learn.