Are 458 prices on the way up?

Are 458 prices on the way up?

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Discussion

rich12

Original Poster:

3,468 posts

161 months

Thursday 14th June 2018
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I'm trying to find a well spec'd, low ish mileage 458 Italia for a customer of ours and I can't believe how expensive they are now.
Even trying to find one with carbon seats, carbon interior and lift seems impossible for under £160k now.

Has anyone bought or sold one recently?
Customer has £150k and that seems like the starting price for a 8 year old one with 20k and basic spec!!

markiii

3,847 posts

201 months

Thursday 14th June 2018
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friend just paid 175k for a mint GTB so I'd expect a Spyder to be a bit pricey

WCZ

10,813 posts

201 months

Thursday 14th June 2018
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they're still every bit as good as they ever were

rich12

Original Poster:

3,468 posts

161 months

Thursday 14th June 2018
quotequote all
WCZ said:
they're still every bit as good as they ever were
I completely agree. I love the 458 but can't seem to find one worth buying for less than £162k.

Even left hookers are £130k+ now.

leemanning

563 posts

159 months

Thursday 14th June 2018
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Considering 488's are dipping under £200k now I would say that it's not particularly long before they feel some downward pressure.

However, it might take another 9-12 months to see any real noticeable trends downwards

rich12

Original Poster:

3,468 posts

161 months

Thursday 14th June 2018
quotequote all
I agree.
Looks like now is a good time to sell a 458 then!

Anyone got one who wants to sell??? Haha

MrVert

4,428 posts

246 months

Thursday 14th June 2018
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I think the market is completely flat at the moment, even some pressure forcing prices down a bit.

A lot of the cars seem to have been for sale for a while, if you see one you want it's worth making an offer.

Carbon seats are a must have IMO, plus carbon interior, shields, 20" diamond cut wheels.

This looks about right, no affiliation...

https://www.pistonheads.com/classifieds/used-cars/...



rich12

Original Poster:

3,468 posts

161 months

Thursday 14th June 2018
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Yeh that's the one i've been eyeing up.

LIVENT

196 posts

235 months

Thursday 14th June 2018
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Remember new Ferraris had a 7% price rise in Jan, that's probably helped keep the price of everything relatively high as now buying a new car is more expensive, your looking at £230k for a decent spec 488 new including several months wait. The other option is a used one and prices for good used ones are almost as much as buying new. There is a very long wait for a spider. The best option if you want a modern Ferrari quickly is a 458, I bet lots go for that option and its keeping prices nice and high.

StickBreitling

78 posts

133 months

Thursday 14th June 2018
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The last Pininfarina designed naturally aspirated V8 Ferrari

rich12

Original Poster:

3,468 posts

161 months

Thursday 14th June 2018
quotequote all
LIVENT said:
Remember new Ferraris had a 7% price rise in Jan, that's probably helped keep the price of everything relatively high as now buying a new car is more expensive, your looking at £230k for a decent spec 488 new including several months wait. The other option is a used one and prices for good used ones are almost as much as buying new. There is a very long wait for a spider. The best option if you want a modern Ferrari quickly is a 458, I bet lots go for that option and its keeping prices nice and high.
I've been watching the spiders for the last few months and they don't seem to be shifting.
The lovely blue one with 17k has been reduced and has been for sale since Feb. The other blue one with half the mileage has now been reduced to the same price as the high mileage one.



_Leg_

2,825 posts

218 months

Thursday 14th June 2018
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I'm off into Europe heading for Austria in my 458 Spider for it's 5th Euro tour tomorrow. I wouldn't sell it nor swap it for a spanking new 488 Spider, ever. We've had too many adventures to part ways.

When I get back I have 2 days and then a 3 week tour down to Southern Italy in my F12. I wouldn't part with that either.

Epic things. I f*cking love them.

MDL111

7,180 posts

184 months

Friday 15th June 2018
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_Leg_ said:
I'm off into Europe heading for Austria in my 458 Spider for it's 5th Euro tour tomorrow. I wouldn't sell it nor swap it for a spanking new 488 Spider, ever. We've had too many adventures to part ways.

When I get back I have 2 days and then a 3 week tour down to Southern Italy in my F12. I wouldn't part with that either.

Epic things. I f*cking love them.
Enjoy - drove Rossfeldstr, Großglockner, Nockalmstrasse and Klatschberg a couple of weeks ago - was great fun

willy wombat

969 posts

155 months

Friday 15th June 2018
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We're off next week in the 458 Spider to Paul Ricard for the French GP and then some time on The Riviera. Also wouldn't consider selling it. Re price discussion - I get mine valued for insurance by a main dealer each Spring and this year they increased the insurance value by £5k versus last year. Whether this tells you anything I don't know.

Roof down

301 posts

133 months

Friday 15th June 2018
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If I could afford one its the only Ferrari I would ever like, if my numbers come up I would buy one in a flash, until then I will enjoy the 360 which I consider as pleasing to the eye, Mike

AmoCS

1,151 posts

226 months

Friday 15th June 2018
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Durzel

12,461 posts

175 months

Friday 15th June 2018
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Don't think they're going up, they're just not going down much if at all.

It's also summer. Not the best time to buy imo.

achaddy

35 posts

136 months

Saturday 16th June 2018
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I think they might be softening a little as looking on the classifieds there suddenly appear to be more starting with a 14.
However, none of these have what i would call my must have spec ie racing seats, carbon dash inserts and drivers zone. My thing was finding those that had that spec at a reasonable price.
Having been looking for a 458 muself i do see a lot which have been advertised for a while.
Just wondering Rich, dont work at a main dealer in Wiltshire by any chance? Your brief sounded very much like my position.
Anyway, as i am writing this i am on the train to Leeds to collect my new 458 which i paid just over the 150 mark. Cant wait for the 3 and half hour drive back home:-)

rich12

Original Poster:

3,468 posts

161 months

Saturday 16th June 2018
quotequote all
achaddy said:
I think they might be softening a little as looking on the classifieds there suddenly appear to be more starting with a 14.
However, none of these have what i would call my must have spec ie racing seats, carbon dash inserts and drivers zone. My thing was finding those that had that spec at a reasonable price.
Having been looking for a 458 muself i do see a lot which have been advertised for a while.
Just wondering Rich, dont work at a main dealer in Wiltshire by any chance? Your brief sounded very much like my position.
Anyway, as i am writing this i am on the train to Leeds to collect my new 458 which i paid just over the 150 mark. Cant wait for the 3 and half hour drive back home:-)
No I don't work at a dealer. Just something we do along our main business.
Does sound very similar though!
Hope you have/had a great drive home!

Erudite geezer

576 posts

128 months

Sunday 17th June 2018
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If 458 Italia's start from the 140/150 k region, I find it remarkable that you can get a McLaren 12C from around 80/ 90k.

2 very different approaches to the mid-engined V8 supercar genre, but the McLaren looks excellent value compared to the brilliant 458.