Changing interior trim - resale

Changing interior trim - resale

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adamellisdj

Original Poster:

409 posts

38 months

Monday 15th February 2021
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Hey guys. I am limited to what spec I want in terms of colour and interior (Red /Creme). They’re not many for sale atm.

I have found a lot of cars with the car spec but black interior. I can get a full retrim (seats/door cards/center section) for under £3k. All napa leather by a very reputable company (they’re doing Mr AMGs new car atm).

If I wanted to sell later down the line, would this affect the resale value at all? It’s all the same quality leather that Ferrari use, if not better and will make 10 year old interior feel brand new again. So I’m unsure.

I’m not buying to sell. But to use. But if it’s going to knock £20k off resale. It may not be worth it haha

adamellisdj

Original Poster:

409 posts

38 months

Monday 15th February 2021
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Try getting one under 10k with front and rear parking sensors, Bluetooth adaptor capabilities and cruise

They’re 2 for sale in the entire Uk.

adamellisdj

Original Poster:

409 posts

38 months

Monday 15th February 2021
quotequote all
ANOpax said:
adamellisdj said:
Hey guys. I am limited to what spec I want in terms of colour and interior (Red /Creme). They’re not many for sale atm.
Sorry. I clearly misunderstood what you were saying.
Either way, my point stands. Rosso/crema is the most common 458 spec. Based on that, it’ll only be a matter of time before one comes up with the parking sensors and cruise. Audio can be upgraded (I think). And you shouldn’t be looking for a car with less than 10k miles unless you plan to look at it and not drive it. You’re paying a premium for something which is verging on garage queen territory given the likely age of the car.
For a 2012/13 458, first time buyer, cautious of not getting a dud, what mileage would you be looking at?

I was thinking 5/10k miles.

adamellisdj

Original Poster:

409 posts

38 months

Monday 15th February 2021
quotequote all
ANOpax said:
adamellisdj said:
Hey guys. I am limited to what spec I want in terms of colour and interior (Red /Creme). They’re not many for sale atm.

I have found a lot of cars with the car spec but black interior. I can get a full retrim (seats/door cards/center section) for under £3k. All napa leather by a very reputable company (they’re doing Mr AMGs new car atm).

If I wanted to sell later down the line, would this affect the resale value at all? It’s all the same quality leather that Ferrari use, if not better and will make 10 year old interior feel brand new again. So I’m unsure.

I’m not buying to sell. But to use. But if it’s going to knock £20k off resale. It may not be worth it haha
My 10 year old Ferrari interior still looks and feels and smells brand new so unless you're buying a shagged car then I don't see the value of a re-trim.
Red is the most common colour of 458 and crema or black interiors are also the most common. A casual glance on Autotrader shows that out of 89 cars for sale, 33 are red and 11 of those have crema interiors. It doesn't get more common than that.
This is another issue on a few. Do I want a £140k car with creases in the seats. Hell no


adamellisdj

Original Poster:

409 posts

38 months

Monday 15th February 2021
quotequote all
johnnyreggae said:
So you are saying you'd reject a car without the crease because it had 10002 miles ? Be sensible......
No I’m just saying I wouldn’t fancy paying £140k for a car that has the crease. So it’s either retrim both seats for £2k or move on.

I think I’ve been romanced into thinking anything above 10,000 is REALLY bad.

I guess I need to accept this just isn’t the case providing the service history is up to scratch.

adamellisdj

Original Poster:

409 posts

38 months

Tuesday 16th February 2021
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Haha

I’m a curious guy. What can I say. I can’t drive them yet so...

I guess I’m not rich enough to just go buy a Ferrari without asking as many questions as I can from local owners

adamellisdj

Original Poster:

409 posts

38 months

Tuesday 16th February 2021
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ANOpax said:
laugh It's not about whether you're rich or not. It's about your expectations which many (including myself) see as unrealistic.

You're expecting to buy a 8/9 year old car for less money (almost half the price) of the brand new equivalent but you want it to be in brand new condition and have brand new reliability.
You're also expecting an essentially hand crafted machine to conform to the tolerances and specifications of a machine made and mass produced car (your AMG). Has it occurred to you that the reason there is a crease in the leather of the 458 could be because the leather might be semi-aniline and therefore a premium natural product rather than the processed and painted leather that you will find in just about any other car (including the AMG)?

You're a musician: Therefore you of all people should understand passion and emotion. Understanding Ferraris is all about understanding the emotion and passion that they provoke when you drive one. They are not about perfect paint, leather or mechanical reliability. In fact, accepting their failings as 'charm' is a part of the ownership experience. You are not paying for the perfect driving machine (see the Germans for that). You are paying for the most exhilarating driving machine.

I apologise if I come across as being a bit harsh but countless other newbies have researched their first Ferrari purchase without exhibiting quite the level of anxiety that you have done. My greatest fear for you is that the experience of owning a wonderful car will be tainted by unrealistically high expectations on your part which will be impossible to meet. It's just a damned car, not the bloody messiah.
Thank you for your post. I get what you mean and I can see why my posts may rub one up the wrong way.

I guess I never ever thought I would be able to get a car like this, and my brain works many many steps in front haha. It can be a blessing or a curse.

I do like to think I’m realistic, iE I know I can’t get a f8 right now (I mean, I could financially, but it would be very silly to do so), so I’m just exploring and trying to underhand all the many questions and ideas my mind presents to me smile

adamellisdj

Original Poster:

409 posts

38 months

Tuesday 16th February 2021
quotequote all
MDL111 said:
If you are "not rich" then paying a 5-digit permium for less than 10k miles on a relatively old car to me seems like a financially imprudent idea. Buy a 20-30k mile car that fits your spec criteria (or even higher mileage) as otherwise you will worry about the financial impact of every mile driven, which kind of defeats the purpose

Edit to add - i suspect an interior colour change will lead to an immediate depreciation hit as it is no longer original, which Ferrari buyers value above all else (incl mileage)
Well I mean if I budget £1500 a month, thats 10% of my monthly pre tax income. I do not think that is outlandish.

That gets me a £160k finance deal with 15% deposit.

So I can afford the newer, less miles one. But I’m more than open now, to getting an older higher mile car. It may even make more sense.

Edited by adamellisdj on Tuesday 16th February 13:48

adamellisdj

Original Poster:

409 posts

38 months

Tuesday 16th February 2021
quotequote all
MDL111 said:
If you are "not rich" then paying a 5-digit permium for less than 10k miles on a relatively old car to me seems like a financially imprudent idea. Buy a 20-30k mile car that fits your spec criteria (or even higher mileage) as otherwise you will worry about the financial impact of every mile driven, which kind of defeats the purpose

Edit to add - i suspect an interior colour change will lead to an immediate depreciation hit as it is no longer original, which Ferrari buyers value above all else (incl mileage)
Well I mean if I budget £1500 a month, thats 13% of my monthly pre tax income. I do not think that is outlandish.

That gets me a £160k finance deal with 15% deposit.

So I can afford the newer, less miles one. But I’m more than open now, to getting an older higher mile car. It may even make more sense.

Edited by adamellisdj on Tuesday 16th February 13:49


Edited by adamellisdj on Tuesday 16th February 14:16

adamellisdj

Original Poster:

409 posts

38 months

Tuesday 16th February 2021
quotequote all
HardtopManual said:
adamellisdj said:
For a 2012/13 458, first time buyer, cautious of not getting a dud, what mileage would you be looking at?

I was thinking 5/10k miles.
5k on a 2012 car is just over 500 a year. 10k is 1100 a year. I'm not sure why you think anything more is too many, or why low mileage will guarantee no impending bills.

If you want to be sure of not buying a "dud", get a PPI done by someone who knows what they are looking for.

TBH, and don't take this the wrong way, but I don't think Ferrari ownership is for you.
Haha thanks. Il send you the pics when I get it.

adamellisdj

Original Poster:

409 posts

38 months

Tuesday 16th February 2021
quotequote all
HardtopManual said:
adamellisdj said:
Haha thanks. Il send you the pics when I get it.
Just send me a hologram. Because I think that's going to be the dominant picture messaging technology by the time you've bought a car.
Haha touché.

Il have changed my mind 3 times by then too

adamellisdj

Original Poster:

409 posts

38 months

Tuesday 16th February 2021
quotequote all
HardtopManual said:
By the way, if you are genuinely on £200k a year, given all the anxiety you exhibit, finance something newer (or brand new) from the dealer, rather than paying over the odds for a clocked 458.
Clocked? You’re very cynical lol.


458 is the car Ive lusted over, for my own personal reasons.

I could get a 488, 3 years old for not that much more than a low mile, 13/14 458.

Buying new is not of interest to me right now. The depreciation on a new model over 2 years is enough deposit to buy 2 houses. Also, I don’t feel the income I bring in justify a the cost of a new F car.

Il have a new Ferrari or similar one day. But now is not the time.

Edited by adamellisdj on Tuesday 16th February 14:15

adamellisdj

Original Poster:

409 posts

38 months

Tuesday 16th February 2021
quotequote all
Taffy66 said:
As my old dearly departed grandpa once told me.'' If you ever get yourself into a hole, stop digging other wise you'll dig yourself too deep to get out of it''
Yeah my shovels been put away. For now.

Thanks for all your views