The £100K 458...

Author
Discussion

PrancingHorses

2,714 posts

207 months

Friday 22nd May 2020
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jsw777 said:
I’ve looked at the 2010 car as I want a red 458. They’ve offered a good price on my R8 and a reasonable discount on advertised price. Only downsides are 7 owners and the alloys (currently trying to see if they will change them or go further down so I could pick up a used set).
7 owners in 10 years is not bad for a car like this, As long as it has full S/H and you get your 24 month warranty I don't see an issue. My old car had 5 owners when I bought it and it was 4 years old. Never had a problem with it really.

PrancingHorses

2,714 posts

207 months

Friday 22nd May 2020
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I swear I saw some circa £85k LHD 458s in the EU earlier in this thread

Durzel

12,262 posts

168 months

Friday 22nd May 2020
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I don't think that £125k car is that great to be honest. Standard alloys and standard seats, both not great.

The number of owners isn't in the least bit unusual when you consider the age (9 years) and type of car.

dmahon

2,717 posts

64 months

Friday 22nd May 2020
quotequote all
jsw777 said:
I’ve looked at the 2010 car as I want a red 458. They’ve offered a good price on my R8 and a reasonable discount on advertised price. Only downsides are 7 owners and the alloys (currently trying to see if they will change them or go further down so I could pick up a used set).
Interesting as I also have an R8 to trade in. I wouldn’t have considered it before as I love the R8, but if the gap closes between the two I might take the opportunity to have a 458 for a bit.

What I suspect is a lot of dealers will be reducing the offer on the R8 whilst holding relatively firm on the Ferrari. Haven’t tried negotiating anywhere yet though. Did you discuss the switch with many dealers lately?

jsw777

43 posts

47 months

Friday 22nd May 2020
quotequote all
dmahon said:
jsw777 said:
I’ve looked at the 2010 car as I want a red 458. They’ve offered a good price on my R8 and a reasonable discount on advertised price. Only downsides are 7 owners and the alloys (currently trying to see if they will change them or go further down so I could pick up a used set).
Interesting as I also have an R8 to trade in. I wouldn’t have considered it before as I love the R8, but if the gap closes between the two I might take the opportunity to have a 458 for a bit.

What I suspect is a lot of dealers will be reducing the offer on the R8 whilst holding relatively firm on the Ferrari. Haven’t tried negotiating anywhere yet though. Did you discuss the switch with many dealers lately?
Yes have spoken to a number during lockdown. A couple have tried low on the R8 and not budging on the 458 but others have been very reasonable on the R8 and offered discount on the 458, over 10% on the 2010 car.
Unfortunately the two cars I’ve liked the most have been low on the R8 and not moving on the 458.

Penrhyn

663 posts

98 months

Friday 22nd May 2020
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Ferrari 2010 599GTB LHD currently £63k 30 mins and auction closes NO RESERVE
https://collectingcars.com/for-sale/2010-ferrari-5...

Ferrari 458 Italia currently £96k 5 days to go.
https://collectingcars.com/for-sale/2010-ferrari-4...

dvb247

270 posts

198 months

Friday 22nd May 2020
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Shame the red 2010 is such a low spec, if you bought the necessary options on eBay, carbon interior, race seats, decent wheels etc. it would be an expensive car!!

Regy53

264 posts

131 months

Friday 22nd May 2020
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I am trying to buy a 458 with no PX and the dealers are all very very firm so far.

I have tried two indi's and two ferrari main dealers for varying cars.

The indi's are not interested one bit especially as their finance is expensive and i can get it cheaper.

Ferrari just say 458 last nasp Ferrari etc etc.

The one i want is a nice spec but is all its money i can see.

I have played the old "buying a car this week card" and they dont even call to chase. All i can think to do is wait a few months there are more coming on the market daily at the moment and not one i was interested in has sold for the last 5 weeks. Once these dealers are back to work the reality of sales will kick in i suppose. I know its very expectant of me for a price move but realistically we all know its coming there will not be plenty of buyers out there... will there? seems to be a few in this thread alone

ref 2010 car. Wheels put me off but you can buy others, then when you see a car with Carbon driver zone and put age against it... I am not sure its great value either.

LamboPH

61 posts

50 months

Friday 22nd May 2020
quotequote all
Regy53 said:
I am trying to buy a 458 with no PX and the dealers are all very very firm so far.

I have tried two indi's and two ferrari main dealers for varying cars.

The indi's are not interested one bit especially as their finance is expensive and i can get it cheaper.

Ferrari just say 458 last nasp Ferrari etc etc.

The one i want is a nice spec but is all its money i can see.

I have played the old "buying a car this week card" and they dont even call to chase. All i can think to do is wait a few months there are more coming on the market daily at the moment and not one i was interested in has sold for the last 5 weeks. Once these dealers are back to work the reality of sales will kick in i suppose. I know its very expectant of me for a price move but realistically we all know its coming there will not be plenty of buyers out there... will there? seems to be a few in this thread alone

ref 2010 car. Wheels put me off but you can buy others, then when you see a car with Carbon driver zone and put age against it... I am not sure its great value either.
Yes, a lot of dealers don’t seem to be budging on prices, however I do expect that to change in 4-6 weeks as we go well into the summer and reality unfortunately kicks in.

PrancingHorses

2,714 posts

207 months

Saturday 23rd May 2020
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Dont let wheels put you off...seen many decent sets of 20s 5 spokes sold on ebay £3-4k

jsw777

43 posts

47 months

Saturday 23rd May 2020
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PrancingHorses said:
Dont let wheels put you off...seen many decent sets of 20s 5 spokes sold on ebay £3-4k
That what I’ve seen too hence looking at the 2010 car if I could get it for the right price.

PrancingHorses

2,714 posts

207 months

Saturday 23rd May 2020
quotequote all
I’m actively looking for a car too and am surprised you say that as dealers knock off £5k easy without trying too hard.

I find it easier to negotiate when taking finance. Get a quote and give them around £300-400 a month less to what you want to pay monthly...they will quickly drop the price and APR to a rate that works for you smile

Did the sums on one of the cars the other day and it worked out to £8500 off their advertised price!

Edited by PrancingHorses on Saturday 23 May 19:08

jsw777

43 posts

47 months

Tuesday 26th May 2020
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Penrhyn said:
Ferrari 2010 599GTB LHD currently £63k 30 mins and auction closes NO RESERVE
https://collectingcars.com/for-sale/2010-ferrari-5...

Ferrari 458 Italia currently £96k 5 days to go.
https://collectingcars.com/for-sale/2010-ferrari-4...
£106.5k the 458 made.

SRBA

134 posts

95 months

Tuesday 26th May 2020
quotequote all
jsw777 said:
Penrhyn said:
Ferrari 2010 599GTB LHD currently £63k 30 mins and auction closes NO RESERVE
https://collectingcars.com/for-sale/2010-ferrari-5...

Ferrari 458 Italia currently £96k 5 days to go.
https://collectingcars.com/for-sale/2010-ferrari-4...
£106.5k the 458 made.
106.5 k + 6k fees. Didn’t meet reserve and didn’t sell

Calculator

745 posts

215 months

Tuesday 26th May 2020
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Looks like it went for £110k all in?

jsw777

43 posts

47 months

Tuesday 26th May 2020
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Calculator said:
Looks like it went for £110k all in?
It does look like it did, seems strong given there is a newer black 458 at a dealer for the same.

Regy53

264 posts

131 months

Tuesday 26th May 2020
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jsw777 said:
It does look like it did, seems strong given there is a newer black 458 at a dealer for the same.
makes zero sense .

SRBA

134 posts

95 months

Tuesday 26th May 2020
quotequote all
jsw777 said:
Penrhyn said:
Ferrari 2010 599GTB LHD currently £63k 30 mins and auction closes NO RESERVE
https://collectingcars.com/for-sale/2010-ferrari-5...

Ferrari 458 Italia currently £96k 5 days to go.
https://collectingcars.com/for-sale/2010-ferrari-4...
£106.5k the 458 made.
106.5 k + 6k fees. Didn’t meet reserve and didn’t sell

jjr1

3,023 posts

260 months

Tuesday 26th May 2020
quotequote all
SRBA said:
106.5 k + 6k fees. Didn’t meet reserve and didn’t sell
Sold for £110,000 after the close.

Order66

6,728 posts

249 months

Tuesday 26th May 2020
quotequote all
jjr1 said:
Sold for £110,000 after the close.
So I guess thats £116k if you add the fees. £3k down on what it was being advertised for pre-lockdown. Doesn't feel like a massive market move to me.