Ferrari 458 Speciale Market (from 10 to 25)
Discussion
MingtheMerciless said:
I would hold out for a Speciale except I want to drive it. Hence 296GTS. Depreciation sucked up - drive as much as I want. I'd hate to have a Speciale in the garage on 8,000 miles and be afraid to hit the catastrophic 10,000 miles value cliff so have to dole out special drives to myself and count the miles. If I could afford to have one and something else I would do it now.
I'd assume there is a floor somewhere regardless of mileage?My Scuderia had nearly 80k km on it when I sold it and while it took quite some time, it did not sell that far below a 30-50k km car.
Gibbo205 said:
My gut feeling is Speciale buyers are not seasonal, it is the kind of buyer who has a spec in mind and a price target, they are simply waiting for that car to come along, whether it be Summer or Winter, also as these cars are rarely ever driven and just parked why would time of year have an impactful.
Your typical run of the mill 458/488 Spider agreed demand increasing in Summer months.
But one of special limited run editions, that are hero cars with big demand dependent on spec will sell anytime of year, it just has to be right car for right buyer and that buyer has the money year round, just takes their dream car to come along.
I hope the values do dip sub 300k again, I'd be very tempted by one with some miles as my intention would be to drive it and I firmly believe in the long run as in 2030 onwards that the Speciale will be worth considerably more than its currently peaked at but in the short term I can see them dropping more.
With 296's around 200k there is maybe a point where a buyer who is not a collector decides the newer car is a bargain, has warranty and is cheaper and maybe goes that direction.
You make a fair point on a buyer waiting for the right car regardless of season. Hadn't thought of it that way. Your typical run of the mill 458/488 Spider agreed demand increasing in Summer months.
But one of special limited run editions, that are hero cars with big demand dependent on spec will sell anytime of year, it just has to be right car for right buyer and that buyer has the money year round, just takes their dream car to come along.
I hope the values do dip sub 300k again, I'd be very tempted by one with some miles as my intention would be to drive it and I firmly believe in the long run as in 2030 onwards that the Speciale will be worth considerably more than its currently peaked at but in the short term I can see them dropping more.
With 296's around 200k there is maybe a point where a buyer who is not a collector decides the newer car is a bargain, has warranty and is cheaper and maybe goes that direction.
The cars sat with 15/20k miles in the classifieds at 330k need to be more like 250k to shift IMO. Especially non red cars.
I make the point about the colour being important by watching what sells on CC's. If nothing else, CC's is at least a good benchmark for where the real bid is.
I can't disagree with your current thoughts on values.
Where do you think the ones with 15/20k miles should realistically be priced ?
Esquire said:
You make a fair point on a buyer waiting for the right car regardless of season. Hadn't thought of it that way.
The cars sat with 15/20k miles in the classifieds at 330k need to be more like 250k to shift IMO. Especially non red cars.
I make the point about the colour being important by watching what sells on CC's. If nothing else, CC's is at least a good benchmark for where the real bid is.
I can't disagree with your current thoughts on values.
Where do you think the ones with 15/20k miles should realistically be priced ?
Well CC values is a poor representation for retail values, the people buying on the platform is mainly traders and cash rich, most the supercars purchased a few weeks end up back for sale at a dealer with a 10-20% premium.The cars sat with 15/20k miles in the classifieds at 330k need to be more like 250k to shift IMO. Especially non red cars.
I make the point about the colour being important by watching what sells on CC's. If nothing else, CC's is at least a good benchmark for where the real bid is.
I can't disagree with your current thoughts on values.
Where do you think the ones with 15/20k miles should realistically be priced ?
Anyone getting a car at CC prices who is a private individual has done very well, a little like anyone buying a car for what WBAC offer or close to, its not a representation of retail market value but more a representation of where trade values are at, of course the odd car goes sky high as all it takes is to find two more people who want the same car, thus you have a bidding war.
Gibbo205 said:
Well CC values is a poor representation for retail values, the people buying on the platform is mainly traders and cash rich, most the supercars purchased a few weeks end up back for sale at a dealer with a 10-20% premium.
Anyone getting a car at CC prices who is a private individual has done very well, a little like anyone buying a car for what WBAC offer or close to, its not a representation of retail market value but more a representation of where trade values are at, of course the odd car goes sky high as all it takes is to find two more people who want the same car, thus you have a bidding war.
The last red car made good money so yes maybe 2 bidders playing against one another. Anyone getting a car at CC prices who is a private individual has done very well, a little like anyone buying a car for what WBAC offer or close to, its not a representation of retail market value but more a representation of where trade values are at, of course the odd car goes sky high as all it takes is to find two more people who want the same car, thus you have a bidding war.
Not so sure only traders buy these cars though although the last white one got bought at £287k and now up at quite frankly a silly £350k.
I just can't see joe punter walking into a Ferrari dealer and lifting a 15k miler at 330k
Hey, maybe I've got this all wrong
Esquire said:
The last red car made good money so yes maybe 2 bidders playing against one another.
Not so sure only traders buy these cars though although the last white one got bought at £287k and now up at quite frankly a silly £350k.
I just can't see joe punter walking into a Ferrari dealer and lifting a 15k miler at 330k
Hey, maybe I've got this all wrong
They are over-valued, if WW3 does not kick off expect car values like these to maybe take another dip in another 6-12 months. Though some cars may go up also.Not so sure only traders buy these cars though although the last white one got bought at £287k and now up at quite frankly a silly £350k.
I just can't see joe punter walking into a Ferrari dealer and lifting a 15k miler at 330k
Hey, maybe I've got this all wrong
If WW3 kicks off, then car values will be hammered as will everything else and will be last of anyones worries.
Gibbo205 said:
They are over-valued, if WW3 does not kick off expect car values like these to maybe take another dip in another 6-12 months. Though some cars may go up also.
If WW3 kicks off, then car values will be hammered as will everything else and will be last of anyones worries.
Agreed. If WW3 kicks off, then car values will be hammered as will everything else and will be last of anyones worries.
I'm also not sure a Speciale is 3X that of a regular car when Porsche GT products in the main are around 50k more.
Anyhow, bon weekend
Esquire said:
...Not so sure only traders buy these cars though although the last white one got bought at £287k and now up at quite frankly a silly £350k.
Is it definitely the same car? The cheap white car was a cream colour (Avorio?) but the 350k car looks more like Avus - a more typical and appealing shade of white.
phil bird said:
Any of these cars now selling ?
Have noticed a couple have been reduced by a small margin.
Still a long way to go in my opinion. To many for sale at silly prices!
As a result of my inquiries on a few cars it appears not all have full and complete service histories. Have noticed a couple have been reduced by a small margin.
Still a long way to go in my opinion. To many for sale at silly prices!
I understand some have not been used much however, i'm assuming a full and complete annual service schedule is a must when buying? Or maybe this is fairly commonplace on these cars?
Edited by Esquire on Tuesday 30th April 10:50
Esquire said:
As a result of my inquiries on a few cars it appears not all have full and complete service histories.
I understand some have not been used much however, i'm assuming a full and complete annual service schedule is a must when buying? Or maybe this is fairly commonplace on these cars?
In the UK it seems to be a must have. In Germany are a lot more relaxed about services, especially on cars that did low annual mileage - I very rarely see older Ferraris that have been serviced annually I understand some have not been used much however, i'm assuming a full and complete annual service schedule is a must when buying? Or maybe this is fairly commonplace on these cars?
Edited by Esquire on Tuesday 30th April 10:50
MDL111 said:
In the UK it seems to be a must have. In Germany are a lot more relaxed about services, especially on cars that did low annual mileage - I very rarely see older Ferraris that have been serviced annually
No excuses to miss a service on any 458, let alone a Speciale, as the servicing for first seven years was free.As such any 458 missing a service in first seven years is not about saving money, but is just laziness and would put me off and give the impression they did not care for the car.
Gibbo205 said:
No excuses to miss a service on any 458, let alone a Speciale, as the servicing for first seven years was free.
As such any 458 missing a service in first seven years is not about saving money, but is just laziness and would put me off and give the impression they did not care for the car.
I inquired on two black cars. I wont list them on here as that might be unfair and anyone looking at one of these cars should of course do their own due diligence. As such any 458 missing a service in first seven years is not about saving money, but is just laziness and would put me off and give the impression they did not care for the car.
The higher mileage one had missed a service during the 7 year period you mention, but until you posted i hadn't realised that period was free, so many thanks.
That's a serious red flag to me and as such i won't be taking it any further.
Edited by Esquire on Tuesday 30th April 13:28
Gibbo205 said:
No excuses to miss a service on any 458, let alone a Speciale, as the servicing for first seven years was free.
As such any 458 missing a service in first seven years is not about saving money, but is just laziness and would put me off and give the impression they did not care for the car.
Exactly this… and like to see people change tyres before date expiry as well, regardless of use and miles, as Gibbo said, there’s a wrong impression and a right impression.As such any 458 missing a service in first seven years is not about saving money, but is just laziness and would put me off and give the impression they did not care for the car.
what are your thoughts on how much a 3000mile, oem striped,1 owner, 8 service stamps from main dealer, speciale is worth in argento (not the one with the stupid gold wheels), full black interior, no 4 pt harness.
Anyone feeling bullish and want the pair i have a matching argento 430 scuderia.
Sold the pista and pista spider already.
Before anyone moans about 8 years and 3k miles - i have put 12k on my 812 and 12k on my f12 and 20k on my 599 and 28k on my 550. I think as i get older i prefer the refinement of the v12s
Anyone feeling bullish and want the pair i have a matching argento 430 scuderia.
Sold the pista and pista spider already.
Before anyone moans about 8 years and 3k miles - i have put 12k on my 812 and 12k on my f12 and 20k on my 599 and 28k on my 550. I think as i get older i prefer the refinement of the v12s
Ljrv101 said:
what are your thoughts on how much a 3000mile, oem striped,1 owner, 8 service stamps from main dealer, speciale is worth in argento (not the one with the stupid gold wheels), full black interior, no 4 pt harness.
Anyone feeling bullish and want the pair i have a matching argento 430 scuderia.
Sold the pista and pista spider already.
Before anyone moans about 8 years and 3k miles - i have put 12k on my 812 and 12k on my f12 and 20k on my 599 and 28k on my 550. I think as i get older i prefer the refinement of the v12s
Pm’d Anyone feeling bullish and want the pair i have a matching argento 430 scuderia.
Sold the pista and pista spider already.
Before anyone moans about 8 years and 3k miles - i have put 12k on my 812 and 12k on my f12 and 20k on my 599 and 28k on my 550. I think as i get older i prefer the refinement of the v12s
I’d be potentially interested in the scud!
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