458 values now that the 488GTB is here - only way is down!?

[AMDB9]

Judging by the number of 458's I have seen in London alone and then Instagram etc with the arrival of the new beast what is the consensus on 458 values? There are just too many cars around to sustain their values IMHO - thoughts?

[Drclarke]

Oh joy, yet another thread discussing values and depreciation

[AMDB9]

Drclarke said:

Oh joy, yet another thread discussing values and depreciation

Why even bother coming in and commenting if it bugs you so much

458 driver?

[Mermaid]

Price point, na - not sure it matters too much

[GRBF430F1]

If I'm allowed to comment - I would say being the last normally aspirated V8 Ferrari they will hold strong longer term so if they do take an initial hit post 488GTB and you bag yourself a bargain the ownership cost over 5 years might not seem so bad. That said I can't see anyone buying a used 458 spider at £249k which was the highest price one recently advertised. A 2013 car at circa £170k may not be too bad. I presume 488T spider will be 9 months further down the line and 2016 anyway

[355Chris355]

There was a step change between the cost of a F430 and a 458. As a result these two cars are effectively in two different market segments. In contrast the 488 will have a much greater effect on 458 residuals. Expect the depreciation curve of the 458 to take a steeper gradient.

[GRBF430F1]

355Chris355 said:

There was a step change between the cost of a F430 and a 458. As a result these two cars are effectively in two different market segments. In contrast the 488 will have a much greater effect on 458 residuals. Expect the depreciation curve of the 458 to take a steeper gradient.

Do we know cost of 488 ? Whose to say its not at least £25k more than exiting model list price and a 2 year old 458 spider has already taken a fairly bit hit and F430 prices are going up

Of course running a 458 is going to cost you money but probably less than a high end brand new bmw or audi if you are smart and buy right

[AMDB9]

My main concern is that there are so many 458's registered (way more than F430's were as compared to 458's) they will surely feel the hit once buyers begin to upgrade to the newer car.

[Anjum]

Drclarke said:

Oh joy, yet another thread discussing values and depreciation

I'd be more worried about 650 values - as they are effectively obsolete......I'll get my coat!



A

[nutbehinddawheel]

AMDB9 said:

My main concern is that there are so many 458's registered (way more than F430's were as compared to 458's) they will surely feel the hit once buyers begin to upgrade to the newer car.

Concern ??????????????
Go see a Doctor

[Slickhillsy]

AMDB9 said:

My main concern is that there are so many 458's registered (way more than F430's were as compared to 458's)

Interesting... I didn't know this.

[AMDB9]

nutbehinddawheel said:

Concern ??????????????
Go see a Doctor

Flippin eck mate your mates must love you as you are so funny

[AMDB9]

458 said:

AMDB9 said:

My main concern is that there are so many 458's registered (way more than F430's were as compared to 458's) they will surely feel the hit once buyers begin to upgrade to the newer car.

You've got your numbers wrong. There were a lot more 430s sold in the UK than the 458.

430 was launched in 2005 and finished in 2009. The economy was a tad different then!

Edited by 458 on Tuesday 3rd February 19:35

I may be wrong and shall let a pro like Voicey answer that one but one can certainly see way more 458's than I ever saw F430's

[AmoCS]

Exactly 100 for sale currently on AT.

[AMDB9]

What do the DVLA number say?

[Mark-C]

AMDB9 said:

nutbehinddawheel said:

Concern ??????????????
Go see a Doctor

Flippin eck mate your mates must love you as you are so funny

I laughed if that helps!

Why are you concerned?

[AMDB9]

I'd have to kill you if I told you ;-)

[lanan]

With some clumsy Googling I found 1400 x F430 & 1200 x F458

[AMDB9]

lanan said:

With some clumsy Googling I found 1400 x F430 & 1200 x F458

Ok thanks for that! So if we compare the time period of production it proves there are way more 458s!!!

[Mark-C]

458 said:

AMDB9 said:

Ok thanks for that! So if we compare the time period of production it proves there are way more 458s!!!

Don't understand. You were claiming there were lots of 458 around as you have seen lots in London, then made a statement about there being so many more 458 being registered than 430. Now you are given data (sourced by 'clumsy googling') which contradicts that statement, you have moved onto numbers registered over a time period.

But the fact remains, there are LESS 458s than 430s.

430s were registered over a 5 year period between 2005 and 2009 ( a few were registered later as we were in deep recession)
458s were registered over a 5 year period between 2010 and 2014 ( a few still need to be registered in 2015)

In fact, by any measure the sales of 458 was less than 430 by quite some margin.

First year of 430 sales was nearly 400, compared to 458 only achieving just over 120.
Second year of 430 sales nearly broke 500, compared to 458 second year of 220.

It took until the launch of the Spyder to achieve 400 sales of 458.

Edited by 458 on Tuesday 3rd February 23:24

Thank you for taking the time to type all this out .... I was halfway through a post that pointed the OP's maths was ste and wandered off for a glass