Opinions please :-)

[tempt8]

2 choices of 458 coupe:

1) 458 yellow with racing seats, 80k miles but it’s had an engine rebuild from a specialist engine place approx 1000 miles ago
OR
2) 458 red with cream comfort seats, 25k miles, Cat D recorded but repaired to a high standard.

Both cars have similar spec and full main dealer history.

Now, clearly we don’t know what’s going to happen in the future, but, I’d like to hear your opinions on which car out of the two above would I have least difficulty selling in a couple of years time?

Edited by tempt8 on Wednesday 1st January 23:12

[tempt8]

The is for the replies guys :-)

They’re both around £90k mark, I’d like to think that I’d see a return of around £80k in 2 years time?

[tempt8]

Gibbo205 said:

Why not offer 80k on both, then decided based on the one who comes closest to your target price.

Then in 2yr time advertise 10k below lowest in market so expect no doubt circa 65-75k maybe......


As which to buy, well I am biased but the yellow is the nicer car, also a much better specification and if you got rid of the carbon badges, replaced with original, also de-tint the rear lights and get it looking a much classier car how the 458 Italia was intended will also aid its value.

You should test drive a few, then test drive yellow one, does it pull just as well, if it feels just as strong as others you drove, no odd sounds, rattles, engine knocks etc. I feel at 80-85k that yellow car is worth a shot, then get it looking more classy, like my own and that will only help value.

When I spotted it for sale in March I thought the car looked woeful, silly wing, carbon badges, tinted lights to me made it look bad, the worse element of that the wing is now gone, just sorted badges and tints out, it is then a much nicer car.

Edited by Gibbo205 on Thursday 2nd January 13:42

Thanks mate. I totally agree about the lights and wing shields although it turns out the shields were a ferrari factory option and are listed on the spec sheet lol. He won’t go any lower than 88k though which I’m now unsure about.

[tempt8]

Gibbo205 said:

tempt8 said:

Thanks mate. I totally agree about the lights and wing shields although it turns out the shields were a ferrari factory option and are listed on the spec sheet lol. He won’t go any lower than 88k though which I’m now unsure about.

I feel at 88k it is relatively a bargain, maybe put 85k on the table and let him think it over.

Get rid of the tints and any other none factory modifications, hard to tell from pictures is the roof painted black or is it wrapped?

Anyway its a nice spec car, buckets, carbon etc. its only downside is miles and engine rebuild, if it was rebuilt by Ferrari I'd feel it was a value adder at those miles but as its an unknown entity then the risk is who are they, do they have a solid reputation or will potential new buyers just think the engine will let go again.

As its being rebuilt one has to assume there is a VAT invoice for that rebuild, if so is it included with the car and does that company have a good reputation. If no invoice and if no reputation then yes that would worry me.

End of the day there is a 458 on Ebay for 50k, a smashed up one, though its only body panels and they are willing to break and sell engine, gearbox separately etc, you have to simply consider and have a slush fund aside for what may break in the future for a car with no warranty. The 458 is quite a reliable motor but this one failed, albeit around 80k miles but why did it fail, guessing from what you said sounds like typically failure on high revving motors, rod bearings, crank etc.

I'd buy this car more based on keeping forever, rather than moving it on, if you got a spare 85k you can just essentially drop into a fun car and well there is not much more fun than what a Ferrari can deliver go for it, but if your worried, chances are you will have sleepless nights worrying over what may break or what its value may be with 100k miles in 2-3yr time.

As others said the Category car, if you can document repair and prove it was cosmetic and prove it was repaired with original parts to original standards and get that car for around 85k it is probably safer bet as in 2yr with say 40-50k miles it should still fetch you 75k region. Whereas a 100k mile car with engine rebuild is kind of tricky grounds.

Thanks mate :-) Tge rebuild was done by field motorsport and has a receipt for the rebuild at £18k. The chap with the red one won’t go below £95k but has no proof of repair due to it having been done before his ownership (so he says). If there’s a damaged one going for £50k I’d like to think I’d see £70k return for this in around 3 years time.

[tempt8]

SRBA said:

If the Red CAT D car is from the Bromley area, avoid like the plague!! (This has black comfort seats)

The owner will not fill you with confidence when you ask questions about the repair, no report available, not even sure he knows where it was repaired. Front right hand lines all out sync and not a great looking car in general, especially not up close!!

A CAT D Ferrari will always be hard to move on, especially at this sort of value. Unfortunately for us all, there are no cheap Ferrari’s, especially not 458’s, that’s why I bought an F430 ??

It’s on autotrader, red with cream bud. Looks decent in all fairness but he won’t come lower than 95k which I feel is a lot for a recorded car.

[tempt8]

dereksharpuk said:

Personally forget them both. If you cannot afford a decent 458, buy a 430 or even a 360. Both are great and will not bring you aggro. If something is too good (or cheap) to be true, then it is not true. Without a full history, don't touch. If you are 100% aware of exactly what has occurred, then buy it, but only if you are not bothered about being able to sell it later.

Thanks mate. I’ve already had a 360, 430, California etc hence wanting a 458 but was looking for a cheap one that I could use and sell on cheap afterwards :-)

[tempt8]

MingtheMerciless said:

I agree. Just not cheap enough. I was thinking £75k for the yellow one and not bothering at all on the red one. There is a thread on the £50k McLaren in relation to a high mileage 12C. Have a read of that. The Ferrari premium on a car with an engine rebuilt outside the F network is not huge over that car.

I did have a read of that, it was interesting :-) I was considering a Mac 570 but they seem to depreciate big time.

[tempt8]

dereksharpuk said:

You will be able to sell it 'cheap afterwards'; the only question is 'How cheap'

This is the thing, I’d happily take a 10k hit after say 2 or 3 years of ownership. Would I achieve 78k, that’s the question lol.

[tempt8]

marky1 said:

95k for either of those is mental. That’s nearly 100k for a car that will be impossible to sell in my view. Surely for 100k there are a few other model options without the headaches. How much is a decent 599 these days?

I used to like the 599 years ago, it seems a bit dated now but still an awesome car no doubt.

[tempt8]

Durzel said:

footsoldier said:

Definitely wouldn’t buy either. If you can’t afford to wait for a better one, you can’t afford to get stuck with either of these.

This is the big problem in my opinion. If being able to release the money quickly is a priority, then perversely a cheap 458 probably won’t achieve that.

I wouldn’t need to release the money quickly, but wouldn’t want to be stuck with a car trying to sell it for months on end so I could get into another one either bud.

Edited by tempt8 on Friday 3rd January 00:02

Edited by tempt8 on Friday 3rd January 00:02

[tempt8]

Thanks for the input so far guys, I’ve taken all comments on board :-)

[tempt8]

LIVENT said:

Personally the yellow one with an inspection and a decent fund in case something goes wrong. If you're not desperate to re-sell then you're getting a lot of car for the money. The issue is going to be when you want to get out of it.

Personally I would negotiate hard, its a buyers market.

I would not touch the red one. If it had a decent engineers report, photos and lots of info then it would be a different story, but as it is, that car is only going to be almost impossible to sell.

I’ve tried negotiating but he won’t drop the price, he’s under the impression it’s going to fly out at that price with summer coming up lol

[tempt8]

Gibbo205 said:

Still available the rebuilt engine one:
https://www.pistonheads.com/classifieds/used-cars/...

But got cheaper, still not a price I'd buy but if it goes as low as 75k could be well worth a dabble for someone, if something major goes car would then be cheap enough to warranty the spend on it.

Yeh I saw that he’d dropped the price on it. I’ve bought a 26k miler now which is lovely :-)

[tempt8]

Gibbo205 said:

tempt8 said:

Yeh I saw that he’d dropped the price on it. I’ve bought a 26k miler now which is lovely :-)

Ah fantastic, post up some pictures and are you enjoying it?

I haven’t really driven it much tbh as it hasn’t stopped raining since I’ve bought it - typical! I’ll take some pics and post them up when I do take it out. I’m happy with it so far thank you but just wondering whether to take out a power warranty or not..