488 GTB - buying tips/pointers...
Discussion
Hi all,
I’m looking to get myself a 2nd hand 488 GTB as a long term car which will also be my first Ferrari and as per thread title, I’m looking to get some general advice...
- I see on the 2nd hand market there are a few low mileage cars with varying specs that seem to be hanging about, are there any options (or lack of) that deem a car less desirable?
- I presume the 488 comes with the longer warranty backed by Ferrari, but is this transferable with the car? Do elements of the warrant get dropped off when sold on?
Or are there conditions that need to be met to keep this valid, such as Ferrari main dealer servicing only etc... ?
- although it’s a recent-ish model, are there any items to watch out for in regards to issues/weak points?
Like I say, I’m after some pointers to then go off and do further research at this point.
Lastly, albeit this isn’t a primary concern, more of a point of curiosity; I’m cognocent of the 458 values holding up well. Is this just the market at the moment (with a bit of a correction due), or the impact of the 458 being the last NA engine...? I guess the 488 won’t hold up as strong in 3-5yrs time?
Obviously, no one has a crystal ball but interested to hear people’s thoughts from those with experience of being a long term Ferrari owner.
Many thanks
I’m looking to get myself a 2nd hand 488 GTB as a long term car which will also be my first Ferrari and as per thread title, I’m looking to get some general advice...
- I see on the 2nd hand market there are a few low mileage cars with varying specs that seem to be hanging about, are there any options (or lack of) that deem a car less desirable?
- I presume the 488 comes with the longer warranty backed by Ferrari, but is this transferable with the car? Do elements of the warrant get dropped off when sold on?
Or are there conditions that need to be met to keep this valid, such as Ferrari main dealer servicing only etc... ?
- although it’s a recent-ish model, are there any items to watch out for in regards to issues/weak points?
Like I say, I’m after some pointers to then go off and do further research at this point.
Lastly, albeit this isn’t a primary concern, more of a point of curiosity; I’m cognocent of the 458 values holding up well. Is this just the market at the moment (with a bit of a correction due), or the impact of the 458 being the last NA engine...? I guess the 488 won’t hold up as strong in 3-5yrs time?
Obviously, no one has a crystal ball but interested to hear people’s thoughts from those with experience of being a long term Ferrari owner.
Many thanks
glm1977 said:
I presume the 488 comes with the longer warranty backed by Ferrari, but is this transferable with the car? Do elements of the warrant get dropped off when sold on? Or are there conditions that need to be met to keep this valid, such as Ferrari main dealer servicing only etc... ?
Car comes new with 7 yr transferable main dealer servicingAs long as it was UK supplied (I was told a few early cars were not UK supplied) as above it will have 7 year servicing which is annual on most cars due to mileage. Warranty is 3 years and auto transfers as long as servicing is kept up.
Spec wise most cars will have the key options of Wheel Upgrade, Scuderia Sheilds, LED Steering Wheel (Driving Zone), Parking Camera plus little bits like contrast stitching and horse on headrest. Sports Seats are great but not to everyone’s taste so worth trying. Also worth considering suspension lift depending on how you plan to use it.
As for pricing, the latest price increase makes the later 2017 cars seem well priced when comparing to the latest price list.
Spec wise most cars will have the key options of Wheel Upgrade, Scuderia Sheilds, LED Steering Wheel (Driving Zone), Parking Camera plus little bits like contrast stitching and horse on headrest. Sports Seats are great but not to everyone’s taste so worth trying. Also worth considering suspension lift depending on how you plan to use it.
As for pricing, the latest price increase makes the later 2017 cars seem well priced when comparing to the latest price list.
I pick my new 488 up on Thursday. Personally I am not sure how much the N/A aspect will affect the value of the 458, it might make a small difference but I think most people want the newest model. Personally I wanted a turbo charged car. 488 values are still high and the price increase will only aid that.
From my point of view these were the things I wanted:
Carbon Driver Zone
Lift (my drive has a bit of a slope)
Carbon fibre racing seats with lifter
20" forged wheels
Carbon fibre rear light surround
Parking Sensors
Sheilds
Good luck with your search. It is a great car, I cannot wait for Thursday, will post some pics once I have the car.
From my point of view these were the things I wanted:
Carbon Driver Zone
Lift (my drive has a bit of a slope)
Carbon fibre racing seats with lifter
20" forged wheels
Carbon fibre rear light surround
Parking Sensors
Sheilds
Good luck with your search. It is a great car, I cannot wait for Thursday, will post some pics once I have the car.
I picked mine up a couple of weeks ago, very happy with it.
I went for the Goldrake seats but not the rather cheap looking grey plastic lift lever. I am tall in the body so would have the seat at its lowest position anyway, which is what you get if you don’t specify the lifter.
I went for the Goldrake seats but not the rather cheap looking grey plastic lift lever. I am tall in the body so would have the seat at its lowest position anyway, which is what you get if you don’t specify the lifter.
Edited by blueSL on Wednesday 21st March 01:05
Yes, 4 years, 7 years routine servicing, 1 year tracker.
As for resale prices, it seems the 488 is depreciating but nothing like at the rate of, say, an Aston Martin. The market marks it down because it is not N/A but conveniently forgets that most road tests rate it the better car, let down only by the slightly lower rev limit and the more muted soundtrack which is inevitable given the turbochargers are soaking up the exhaust gas energy.
I came to it from a 997.2 turbo and it is streets ahead of that car in terms of driver involvement.
As for resale prices, it seems the 488 is depreciating but nothing like at the rate of, say, an Aston Martin. The market marks it down because it is not N/A but conveniently forgets that most road tests rate it the better car, let down only by the slightly lower rev limit and the more muted soundtrack which is inevitable given the turbochargers are soaking up the exhaust gas energy.
I came to it from a 997.2 turbo and it is streets ahead of that car in terms of driver involvement.
Yes, 4 years, 7 years routine servicing, 1 year tracker.
As for resale prices, it seems the 488 is depreciating but nothing like at the rate of, say, an Aston Martin. The market marks it down because it is not N/A but conveniently forgets that most road tests rate it the better car, let down only by the slightly lower rev limit and the more muted soundtrack which is inevitable given the turbochargers soaking up the exhaust gas energy.
I came to it from a 997.2 turbo and it is streets ahead of that car in terms of driver involvement.
As for resale prices, it seems the 488 is depreciating but nothing like at the rate of, say, an Aston Martin. The market marks it down because it is not N/A but conveniently forgets that most road tests rate it the better car, let down only by the slightly lower rev limit and the more muted soundtrack which is inevitable given the turbochargers soaking up the exhaust gas energy.
I came to it from a 997.2 turbo and it is streets ahead of that car in terms of driver involvement.
Edited by blueSL on Wednesday 21st March 09:32
blueSL said:
I picked mine up a couple of weeks ago, very happy with it.
I went for the Goldrake seats but not the rather cheap looking grey plastic lift lever. I am tall in the body so would have the seat at its lowest position anyway, which is what you get if you don’t specify the lifter.
Car looks great I went for the Goldrake seats but not the rather cheap looking grey plastic lift lever. I am tall in the body so would have the seat at its lowest position anyway, which is what you get if you don’t specify the lifter.
Edited by blueSL on Wednesday 21st March 01:05
I had to get the lifter because my wife is a short arse End of the day I test drove almost everything in the same market and for me the 488 was streets ahead so I ignored markets, depreciation and all of that and bought what I wanted, which in my view for the money is the best car on the planet.
Early decent spec low mileage 458s are still commanding circa £150k at main dealers (much to my chagrin because it means I could've sold mine much later than I did). I would've thought you'd be in a very good position buying nearly new bearing in mind this, and the price rises already mentioned.
blueSL said:
I picked mine up a couple of weeks ago, very happy with it.
I went for the Goldrake seats but not the rather cheap looking grey plastic lift lever. I am tall in the body so would have the seat at its lowest position anyway, which is what you get if you don’t specify the lifter.
Hi,I went for the Goldrake seats but not the rather cheap looking grey plastic lift lever. I am tall in the body so would have the seat at its lowest position anyway, which is what you get if you don’t specify the lifter.
Edited by blueSL on Wednesday 21st March 01:05
What side sills have you gone for? They don’t look carbon or the shiny sport black.... was hoping to order mine with matt black side sills.
Thanks
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