The £100K 458...

Author
Discussion

Robbo66

3,833 posts

233 months

Thursday 20th June 2013
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APOLO1 said:
I would bet, that you can get a car close to a desired spec, off the shelf right now
Agreed. Why would anyone possibly waste huge money on a new 458, when there are 70 + low milers sitting there.
Lets face it, real money would never buy a 458, not whilst they have a Forester to cut about in.
So who buys a new 458 in the current climate ?. I have an idea, but would hate to offend wink

rosino

1,346 posts

172 months

Thursday 20th June 2013
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APOLO1 said:
I would bet, that you can get a car close to a desired spec, off the shelf right now
2 months and you have one. In Rhd it was the case already 1-2 years ago. Word of a ferrari dealer in Europe. He told me at the time the German slots were simply not being sold. This was when the FF had just come out, he took me at the back to show me the first car in the country.

The 458 must be an incredible machine for prices to still hold despite the over supply. Or Ferrari is just very good at "directing" the market with a smart used car policy/stock management strategy.

JDH1

1,015 posts

239 months

Thursday 20th June 2013
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Robbo66 said:
Agreed. Why would anyone possibly waste huge money on a new 458, when there are 70 + low milers sitting there.
Lets face it, real money would never buy a 458, not whilst they have a Forester to cut about in.
So who buys a new 458 in the current climate ?. I have an idea, but would hate to offend wink
By 'real money' I assume you mean 'old money', unless by your measure the likes of Mr Cowell don't have real money. The 'current climate' leaves plenty of people untouched, and if they're of that mentality, can certainly afford to blow a wad on a new one. Certainly wouldn't do it myself (and in fact haven't)but plenty will and do.

Robbo66

3,833 posts

233 months

Thursday 20th June 2013
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JDH1 said:
By 'real money' I assume you mean 'old money', unless by your measure the likes of Mr Cowell don't have real money. The 'current climate' leaves plenty of people untouched, and if they're of that mentality, can certainly afford to blow a wad on a new one. Certainly wouldn't do it myself (and in fact haven't)but plenty will and do.
Yes, apologies, meant 'old money'. Staggers me that some do, and begs the question that with that financial logic, how they came to be in the position to write off such a huge sum on new....for the sake of 800 miles and 6 months.

JDH1

1,015 posts

239 months

Friday 21st June 2013
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Robbo66 said:
Yes, apologies, meant 'old money'. Staggers me that some do, and begs the question that with that financial logic, how they came to be in the position to write off such a huge sum on new....for the sake of 800 miles and 6 months.
Having just bought a 430 spider at what I hope is reasonably close to the bottom of the depreciation curve, I'm with you. Could comfortably join the 'latest-best-thing' game, but logic stops me doing it. There again, I don't move in the circles where these things matter. On the other hand YOLO...as my daughter might say just to annoy me.

Slarti

1,828 posts

154 months

Friday 21st June 2013
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JDH1 said:
Having just bought a 430 spider at what I hope is reasonably close to the bottom of the depreciation curve, I'm with you. Could comfortably join the 'latest-best-thing' game, but logic stops me doing it. There again, I don't move in the circles where these things matter. On the other hand YOLO...as my daughter might say just to annoy me.
Nosy question. How much did you pay for your 430 spider? I just bought a coupe for 70k and was wondering how much depreciation I'd see.

TISPKJ

3,648 posts

207 months

Friday 21st June 2013
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In what time period ?
My guess would be a low of 55-60k a good 360 is 45.

JDH1

1,015 posts

239 months

Friday 21st June 2013
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Slarti said:
Nosy question. How much did you pay for your 430 spider? I just bought a coupe for 70k and was wondering how much depreciation I'd see.
Just over £60k, but it's one of the older ones and higher than average (for a Ferrari) mileage. I'd imagine it could drop another £10k at some point but that will be the extent of it. Sitting on something that was likely to drop £30k-£50k in under 2 years would kill me.

cayman-black

12,642 posts

216 months

Friday 21st June 2013
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Agree 430 is a much better buy! As is a Scud over a 458.

ted 191

1,419 posts

225 months

Friday 21st June 2013
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cayman-black said:
Agree 430 is a much better buy! As is a Scud over a 458.
Have you driven either any sort of distance ?

TISPKJ

3,648 posts

207 months

Friday 21st June 2013
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He was talking financially, not how good they drive

cayman-black

12,642 posts

216 months

Friday 21st June 2013
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TISPKJ said:
He was talking financially, not how good they drive
Right, Thank you.

ted 191

1,419 posts

225 months

Friday 21st June 2013
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cayman-black said:
Right, Thank you.
So your in the market for one then.

JDH1

1,015 posts

239 months

Saturday 22nd June 2013
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ted 191 said:
So your in the market for one then.
Not sure you need to be in the market to know that a used 430 is probably a better financial proposition than a used 458...or indeed that both are worse than a used Hyundai. No amount of man maths can overcome this.

franki68

10,390 posts

221 months

Saturday 22nd June 2013
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ted 191 said:
Have you driven either any sort of distance ?
Haven't driven a 458 myself yet but ..

There are some peop,e who prefer the 430,less computer wizardry,oft claimed 458 too fast for roads etc

bromers2

1,867 posts

250 months

Saturday 22nd June 2013
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Will the 458 or the MP4-12C be the first to hit a £100k ?

ted 191

1,419 posts

225 months

Saturday 22nd June 2013
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JDH1 said:
Not sure you need to be in the market to know that a used 430 is probably a better financial proposition than a used 458...or indeed that both are worse than a used Hyundai. No amount of man maths can overcome this.
All I'm getting at, and no man maths needed, if you drive a 458 and can afford one, you buy it.
If its all down to how much it will loose over 12/24 months, it will spoil the ownership experience, and you probably can't afford one in the first place.

JDH1

1,015 posts

239 months

Saturday 22nd June 2013
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ted 191 said:
All I'm getting at, and no man maths needed, if you drive a 458 and can afford one, you buy it.
If its all down to how much it will loose over 12/24 months, it will spoil the ownership experience, and you probably can't afford one in the first place.
We'll have to agree to differ on that. There are many people who can comfortably afford to buy whatever they want, but choose not to throw their money away. I'd say it's more a question of attitude than wealth. That's aside from those who actually prefer a less 'digital' experience.

sone

4,587 posts

238 months

Saturday 22nd June 2013
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JDH1 said:
ted 191 said:
All I'm getting at, and no man maths needed, if you drive a 458 and can afford one, you buy it.
If its all down to how much it will loose over 12/24 months, it will spoil the ownership experience, and you probably can't afford one in the first place.
We'll have to agree to differ on that. There are many people who can comfortably afford to buy whatever they want, but choose not to throw their money away. I'd say it's more a question of attitude than wealth. That's aside from those who actually prefer a less 'digital' experience.
Perhaps those of us lucky enough to own a 458 don't actually see it as "throwing away our money". The 458 is an great car, ok it's not available in a manual but who wants manual when flappy paddles are this good. Apart from that its got a digital display and if you want to throw yourself into a hedge it will gladly let you.
This digital experience is complete twaddle the same will be said a out the incoming GT3 Porsche until the prices have dropped enough to get into the mainstream. The they'll be the best thing since the invention of the wheel!.

JDH1

1,015 posts

239 months

Saturday 22nd June 2013
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sone said:
Perhaps those of us lucky enough to own a 458 don't actually see it as "throwing away our money". The 458 is an great car, ok it's not available in a manual but who wants manual when flappy paddles are this good. Apart from that its got a digital display and if you want to throw yourself into a hedge it will gladly let you.
This digital experience is complete twaddle the same will be said a out the incoming GT3 Porsche until the prices have dropped enough to get into the mainstream. The they'll be the best thing since the invention of the wheel!.
All I was saying is that there are many people who choose not to buy a 458 for reasons other than that they "can't afford it" as the previous poster was suggesting. I don't doubt it's a great car and may buy one when the early adopters have moved on to the new Gallardo or whatever happens to be competing with sliced bread next.