Ferrari 458 Prices
Discussion
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See above two posts....things have not changed much since these threads started. If anything prices have gone up as there are no £125k RHD 458s in the country right now and neither are there any £135/140k approved used 458s in the country. Cheapest approved cars are 2010 cars gong for around £145-150k!
You mat lose money on later 458s but certainly not much on the earlier 2010-2012 cars. All IMHO.
http://www.pistonheads.com/gassing/topic.asp?h=0&a...
See above two posts....things have not changed much since these threads started. If anything prices have gone up as there are no £125k RHD 458s in the country right now and neither are there any £135/140k approved used 458s in the country. Cheapest approved cars are 2010 cars gong for around £145-150k!
You mat lose money on later 458s but certainly not much on the earlier 2010-2012 cars. All IMHO.
They seem to be pretty static - even on the continent they have not moved down materially for a considerabke peiord of time. If you buy at the lower end, it seems to be a reasonably cheap car to own (compared to buying a new German sports car for instance). At the upper end there might be some impact from 488 ciupe owerns trading their cars in for 488 spiders
Same batch of cars have been around for ages now ( some over 12 months ) and asking prices have not moved. Ferrari carefully control used car prices at its dealers to protect the brand. As someone who looks at the ads daily I can confirm 1 car I looked at 20 months ago is still advertised at the same £189k today. I don't know how the dealers survive when they are selling very few cars seemingly judging by the adverts
That doesn't mean transaction prices are that strong and I would be going in with my size 10 boots on when negotiating on a car sat for 6 months +.
In the same period lots of 12C's have been sold because they seem more realistically priced and a bargain in comparison.
I guess 360 and F430 prices are underpinning 458 prices and there is definitely a concertina effect on the price range.
If as I suspect 360 and F430 prices fall back so will 458's. as always the biggest drops will be the newer more expensive cars so an early 10 or 11 plate would be my choice if going for an Italia coupe.
If it was spider then for me it has to be a McLaren purely because of the carbon tub advantages
That doesn't mean transaction prices are that strong and I would be going in with my size 10 boots on when negotiating on a car sat for 6 months +.
In the same period lots of 12C's have been sold because they seem more realistically priced and a bargain in comparison.
I guess 360 and F430 prices are underpinning 458 prices and there is definitely a concertina effect on the price range.
If as I suspect 360 and F430 prices fall back so will 458's. as always the biggest drops will be the newer more expensive cars so an early 10 or 11 plate would be my choice if going for an Italia coupe.
If it was spider then for me it has to be a McLaren purely because of the carbon tub advantages
RamboLambo said:
Same batch of cars have been around for ages now ( some over 12 months ) and asking prices have not moved. Ferrari carefully control used car prices at its dealers to protect the brand. As someone who looks at the ads daily I can confirm 1 car I looked at 20 months ago is still advertised at the same £189k today. I don't know how the dealers survive when they are selling very few cars seemingly judging by the adverts
That doesn't mean transaction prices are that strong and I would be going in with my size 10 boots on when negotiating on a car sat for 6 months +.
In the same period lots of 12C's have been sold because they seem more realistically priced and a bargain in comparison.
I guess 360 and F430 prices are underpinning 458 prices and there is definitely a concertina effect on the price range.
If as I suspect 360 and F430 prices fall back so will 458's. as always the biggest drops will be the newer more expensive cars so an early 10 or 11 plate would be my choice if going for an Italia coupe.
If it was spider then for me it has to be a McLaren purely because of the carbon tub advantages
He is considering a Ferrari not a Mclaren! That doesn't mean transaction prices are that strong and I would be going in with my size 10 boots on when negotiating on a car sat for 6 months +.
In the same period lots of 12C's have been sold because they seem more realistically priced and a bargain in comparison.
I guess 360 and F430 prices are underpinning 458 prices and there is definitely a concertina effect on the price range.
If as I suspect 360 and F430 prices fall back so will 458's. as always the biggest drops will be the newer more expensive cars so an early 10 or 11 plate would be my choice if going for an Italia coupe.
If it was spider then for me it has to be a McLaren purely because of the carbon tub advantages
458man said:
RamboLambo said:
Same batch of cars have been around for ages now ( some over 12 months ) and asking prices have not moved. Ferrari carefully control used car prices at its dealers to protect the brand. As someone who looks at the ads daily I can confirm 1 car I looked at 20 months ago is still advertised at the same £189k today. I don't know how the dealers survive when they are selling very few cars seemingly judging by the adverts
That doesn't mean transaction prices are that strong and I would be going in with my size 10 boots on when negotiating on a car sat for 6 months +.
In the same period lots of 12C's have been sold because they seem more realistically priced and a bargain in comparison.
I guess 360 and F430 prices are underpinning 458 prices and there is definitely a concertina effect on the price range.
If as I suspect 360 and F430 prices fall back so will 458's. as always the biggest drops will be the newer more expensive cars so an early 10 or 11 plate would be my choice if going for an Italia coupe.
If it was spider then for me it has to be a McLaren purely because of the carbon tub advantages
He is considering a Ferrari not a Mclaren! That doesn't mean transaction prices are that strong and I would be going in with my size 10 boots on when negotiating on a car sat for 6 months +.
In the same period lots of 12C's have been sold because they seem more realistically priced and a bargain in comparison.
I guess 360 and F430 prices are underpinning 458 prices and there is definitely a concertina effect on the price range.
If as I suspect 360 and F430 prices fall back so will 458's. as always the biggest drops will be the newer more expensive cars so an early 10 or 11 plate would be my choice if going for an Italia coupe.
If it was spider then for me it has to be a McLaren purely because of the carbon tub advantages
Agree with the earlier comments. The main dealers carefully control pricing.
I was just found an old email from a main dealer for a black/black 11 plate coupe @ £160k back in Jan 2013. Looking at current pricing, that wouldn't have been a bad buy at all. Go for one post 2011 as you'll get the service pack for not a massive premium over a 2010 car.
I was just found an old email from a main dealer for a black/black 11 plate coupe @ £160k back in Jan 2013. Looking at current pricing, that wouldn't have been a bad buy at all. Go for one post 2011 as you'll get the service pack for not a massive premium over a 2010 car.
458man said:
He is considering a Ferrari not a Mclaren!
Fully understand that but OP does not say if its a coupe or spider.Personally I prefer spiders as its like having 2 cars in 1 nowadays with the metal folding roofs and IMHO one should not rule out a McLaren spider because of the huge advantage a carbon tub gives the convertible version.
And if you were comparing like for like the McLaren is likely to be a min £20k cheaper or 2 years newer for the same money.
From what I gather 458 prices have remained stable at RETAIL ( because Ferrari/dealer control them ) but the trade spread has grown as stocking periods to sale have extended. Whereas typical trade to retail spreads were £15k they are closer to £25k these days.
If you don't believe me try getting a bid off your local Ferrari dealer for a 458
Trade seems to have confidence in them...
I know a dealer that's bought 2 in the past 4 months, both couple of years old, sub 10k miles etc - average price paid £150k
there is a mighty difference between a 458 and it predecessors , so I would always expect there to be a significant gap to 430s etc
I know a dealer that's bought 2 in the past 4 months, both couple of years old, sub 10k miles etc - average price paid £150k
there is a mighty difference between a 458 and it predecessors , so I would always expect there to be a significant gap to 430s etc
simonr100 said:
458man said:
RamboLambo said:
Same batch of cars have been around for ages now ( some over 12 months ) and asking prices have not moved. Ferrari carefully control used car prices at its dealers to protect the brand. As someone who looks at the ads daily I can confirm 1 car I looked at 20 months ago is still advertised at the same £189k today. I don't know how the dealers survive when they are selling very few cars seemingly judging by the adverts
That doesn't mean transaction prices are that strong and I would be going in with my size 10 boots on when negotiating on a car sat for 6 months +.
In the same period lots of 12C's have been sold because they seem more realistically priced and a bargain in comparison.
I guess 360 and F430 prices are underpinning 458 prices and there is definitely a concertina effect on the price range.
If as I suspect 360 and F430 prices fall back so will 458's. as always the biggest drops will be the newer more expensive cars so an early 10 or 11 plate would be my choice if going for an Italia coupe.
If it was spider then for me it has to be a McLaren purely because of the carbon tub advantages
He is considering a Ferrari not a Mclaren! That doesn't mean transaction prices are that strong and I would be going in with my size 10 boots on when negotiating on a car sat for 6 months +.
In the same period lots of 12C's have been sold because they seem more realistically priced and a bargain in comparison.
I guess 360 and F430 prices are underpinning 458 prices and there is definitely a concertina effect on the price range.
If as I suspect 360 and F430 prices fall back so will 458's. as always the biggest drops will be the newer more expensive cars so an early 10 or 11 plate would be my choice if going for an Italia coupe.
If it was spider then for me it has to be a McLaren purely because of the carbon tub advantages
Let's keep on topic anyway. The typical need for Mclaren fanboys to start jumping in to Ferrari discussions to tell us how better their cars are over a Ferrari all the time just reinforces that the Italian marque is and always will remain to be the one to beat!!
I will surely own a 650s or a 675LT in the future as they are amazing cars in their own right. I also hope to also buy a Huracan too - with so much choice we should all be glad and enjoy them all I say :-)
corrected it for you... 
458man said:
.....
Let's keep on topic anyway. The typical need for some Mclaren fanboys to start jumping in to Ferrari discussions to tell us how better their cars are over a Ferrari all the time just reinforces that the Italian marque is and always will remain to be the one to beat!!
..... should all be glad and enjoy them all I say :-)
Let's keep on topic anyway. The typical need for some Mclaren fanboys to start jumping in to Ferrari discussions to tell us how better their cars are over a Ferrari all the time just reinforces that the Italian marque is and always will remain to be the one to beat!!
..... should all be glad and enjoy them all I say :-)
Wilmslowboy said:
Trade seems to have confidence in them...
I know a dealer that's bought 2 in the past 4 months, both couple of years old, sub 10k miles etc - average price paid £150k
there is a mighty difference between a 458 and it predecessors , so I would always expect there to be a significant gap to 430s etc
So are you suggesting a 2 year old 2013/14 458 traded at £150k is strong money ? What are they now Retailing them at ?I know a dealer that's bought 2 in the past 4 months, both couple of years old, sub 10k miles etc - average price paid £150k
there is a mighty difference between a 458 and it predecessors , so I would always expect there to be a significant gap to 430s etc
At that price I presume you mean Italia rather than spider
McLaren used prices and depreciation are a different proposition to McLaren new car prices and depreciation.
After year 1 is taken out of the equation I would say Ferrari and McLaren used car prices track very closely and are intrinsically linked.
Yes there is a £20k premium or 2 year gap for the prancing horse premium.
The guy that's bought the used 650S coupe at £155k wont lose a fortune now and no more than a 2 year old 458 Italia IMHO
Things are changing with McLaren. Demand is increasing, the network is expanding and strengthening and used car prices firming as a result of it. Even the big discounts on new cars are diminshing
Edited by RamboLambo on Sunday 24th July 11:12
Wilmslowboy said:
Trade seems to have confidence in them...
I know a dealer that's bought 2 in the past 4 months, both couple of years old, sub 10k miles etc - average price paid £150k
Friend recently sold similar (sub 10 / 2013) Spider into the trade above £ 160I know a dealer that's bought 2 in the past 4 months, both couple of years old, sub 10k miles etc - average price paid £150k
Edited by johnnyreggae on Sunday 24th July 11:42
Sold my 2010 car in early June for marginally more than I paid privately the year prior, said dealer now has it up again for +£15k.
I must admit I was expecting it to sell quickly as it was a great spec (rosso/nero, low mileage, carbon, racing seats, diamond cut sport wheels, etc) but it's been seemingly on the market since then. It hasn't budged in price though so the point made about dealers controlling the prices seems to hold water.
With the market the way it is main dealers stand to make a decent spread at both ends of the lifecycle - selling at a premium to people who need/want finance and security (though I have had a bad warranty experience personally), and buying at a lower than private level which can be attractive to people who want a zero hassle transaction. You don't have to sell many cars to make a decent amount on the spread to pay staff etc.
PS. The endless invasion and harping on about buying Y instead of X is seriously tiring. These cars are often purchases of the heart - if someone wants a prancing horse let them get on with it. Evangelising about the benefits of Y or Z, or how depreciation is better, or some other sterile metric is almost completely academic when your heart is set on buying X.
I must admit I was expecting it to sell quickly as it was a great spec (rosso/nero, low mileage, carbon, racing seats, diamond cut sport wheels, etc) but it's been seemingly on the market since then. It hasn't budged in price though so the point made about dealers controlling the prices seems to hold water.
With the market the way it is main dealers stand to make a decent spread at both ends of the lifecycle - selling at a premium to people who need/want finance and security (though I have had a bad warranty experience personally), and buying at a lower than private level which can be attractive to people who want a zero hassle transaction. You don't have to sell many cars to make a decent amount on the spread to pay staff etc.
PS. The endless invasion and harping on about buying Y instead of X is seriously tiring. These cars are often purchases of the heart - if someone wants a prancing horse let them get on with it. Evangelising about the benefits of Y or Z, or how depreciation is better, or some other sterile metric is almost completely academic when your heart is set on buying X.
Edited by Durzel on Sunday 24th July 12:03
[quote=Durzel
PS. The endless invasion and harping on about buying Y instead of X is seriously tiring. These cars are often purchases of the heart - if someone wants a prancing horse let them get on with it. Evangelising about the benefits of Y or Z, or how depreciation is better, or some other sterile metric is almost completely academic when your heart is set on buying X.
[/quote]
Exactly.
Cars are like women (not sexist as works this works the other way around or if you're gay).
You spend money on them because you want to; for fun; for love.
Not as an "investment".
When I first got in Lambos in the eighties and went to events and track days the people who turned up were a happy band of irregulars. Irreverent. Fun. Unconventional. They did it because they wanted to. No one talked about prices and values and investment. What your car might or might not be worth in 10 years.
I believe that that spirit still largely survives today in relation to Lamborghini.
PS. The endless invasion and harping on about buying Y instead of X is seriously tiring. These cars are often purchases of the heart - if someone wants a prancing horse let them get on with it. Evangelising about the benefits of Y or Z, or how depreciation is better, or some other sterile metric is almost completely academic when your heart is set on buying X.
Edited by Durzel on Sunday 24th July 12:03
[/quote]
Exactly.
Cars are like women (not sexist as works this works the other way around or if you're gay).
You spend money on them because you want to; for fun; for love.
Not as an "investment".
When I first got in Lambos in the eighties and went to events and track days the people who turned up were a happy band of irregulars. Irreverent. Fun. Unconventional. They did it because they wanted to. No one talked about prices and values and investment. What your car might or might not be worth in 10 years.
I believe that that spirit still largely survives today in relation to Lamborghini.
RamboLambo said:
So are you suggesting a 2 year old 2013/14 458 traded at £150k is strong money ? What are they now Retailing them at ?
At that price I presume you mean Italia rather than spider ...
Yep coupes ...I would have thought retail would be circa £170k to £175kAt that price I presume you mean Italia rather than spider ...
Yep I think these trade buys are a good show of confidence - traders willing to stick their own money in - not SOR
I listed this information as a different view to 'they are not selling ...'
Wilmslowboy said:
Yep coupes ...I would have thought retail would be circa £170k to £175k
Yep I think these trade buys are a good show of confidence - traders willing to stick their own money in - not SOR
I listed this information as a different view to 'they are not selling ...'
I would give £150k of my own money for a 2 year old 458 Italia all day long. Don't think that is particularly strong money and confirms another of my posts that the dealer margin has got bigger as sales have slowed. Yep I think these trade buys are a good show of confidence - traders willing to stick their own money in - not SOR
I listed this information as a different view to 'they are not selling ...'
With £25k to play with they can afford to sit on them 12 months.
There will always be someone along to buy a Ferrari 458 and if all the dealers stick together on their pricing policy its almost a cartel.
Its only come resale that the true cost of ownership is known and I don't think there is any difference between a used Ferrari and McLaren so you pays your money and take your choice, knowing there is currently a prancing horse purchase premium of £20k
Have to agree prices seem to be rock solid, not sure when the 488 will start to drive prices down maybe 12 /18 months ( but I don't have a crystal ball !!)
There will always be people that have 'X' to spend and will buy what people the best to be in that price bracket i.e. Ferrari, Mclaren, Lambo etc etc
and then there will be people who will just buy a Ferrari and wont even consider anything else (you either get that bit or you don't !!)
I am in the Ferrari only camp !! Driven all the others but in my view the others just aren't a Ferrari ... I just have never been able to see past that
Hopefully 458 spiders will fall ... as I want one !!
Phib
There will always be people that have 'X' to spend and will buy what people the best to be in that price bracket i.e. Ferrari, Mclaren, Lambo etc etc
and then there will be people who will just buy a Ferrari and wont even consider anything else (you either get that bit or you don't !!)
I am in the Ferrari only camp !! Driven all the others but in my view the others just aren't a Ferrari ... I just have never been able to see past that
Hopefully 458 spiders will fall ... as I want one !!
Phib
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