458 Offer at MSRP

I have been offered a 2010 ferrari 458 4100 miles unregistered from a ferrari dealer.
They are willing to sell it at MSRP of 244K.

No problems or issues.
Is this a reasonable price?

Todd Spencer

 

If you like the color and options....4100 miles is a used car though

I haven't seen any less expensive

 

What exterior / interior color options does it have? At $244k, it sounds pretty basic (not a problem, just an observation). Is this car on the west or east coast?

 

Black/Black
Usual options including shields , electric seats and a few others.
Red calipers, carbon fibre steering wheel all add up to 244k

 

West Coast Bay area

 

With 4k miles you should get a discount

 

The answer is it's not unreasonable. However, I would offer less. They can always say no.

Personally, at that price, I'd rather order exactly what I want even if I have to wait.

 

I agree it's not unreasonable, given high demand. My take, however, is that it's insane to pay exhorbitant prices -- which will crash with time -- for a new Ferrari unless you are getting precisely what you want. That's what buying 'new' is all about. Otherwise, why not wait and chose among several interesting spec'd cars in, say, another 8 months. And, yes, they will be somewhat cheaper then.

 

Everyone said California prices would crash... and they haven't. Scud prices have though while 16M's haven't. It's all supply and demand.

You say wait. Well, maybe. But if you can afford it and want it, go for it.

To be honest, the OP isn't asking if he should buy now or a year from now. He wants to know if it's fair to buy that particular car now at MSRP. Obviously, the immediacy of buying now is what's attracting him.

However, I still say there's still nothing like ordering your own spec'd car. You get to play the car designer of a Ferrari. How cool is that?

 

4100 miles is too many. I would not buy this. Think about a year from now, when supply is much higher, the spider is out, the scud version will be rumored,etc. It will be tougher to sell a car with mileage in the 7 to 8k range.

For 215-220 it's a buy.

 

I say if your going to drive and enjoy it just do it! What's 20 grand over the course of a year?

 

seriously, if you want it...buy it. I assume that a little depreciation won't kill the joy of the car for you. Save $20k if you wait a year...but, lose the years worth of enjoyment? Go for it.

Car does appear to be priced well for this market. In the spring it will most likely increase slightly.

 

Just an observation, do most Ferrari owners buy cars to sell? The ones I know dont...they buy and enjoy.

 

Things are getting pretty sad when 4100 miles is high mileage. 458s are not going to be collector cars for a long time. Drive the bloody things. The 458 is one Ferrari perfectly adapted to be a daily driver regardless of the drive.

The price sounds pretty reasonable for instant gratification if it is exactly what you want or close enough. I would definitely offer less, as suggested, and see where that leads you. You may not be the only person who received the offer, though.

Taz
Terry Phillips

 

In November - 2 of my friends acquired new 458s. Both red/tan. One paid under MSRP, the other paid over. They bought at different dealerships. I guess a fair price depends on how good of a negotiator you are and how motivated the dealer is.

 

The car is unregistered. Therefore it was clearly used as a demo by the dealer / agreement with customer. So they knew they were going to flip this car quickly. Therefore, the 4100 miles on that car are hard miles.

If you're planning on likewise flipping it in a year or two, then go for it. If this would be a keeper car for you, stay away.

 

My first Ferrari '458' - self imposed conditions:
1. Had to be NEW.
2. Had to be specd by me.
3. Had to buy for cash (no financing).
Life is too short... who knows where we are or not next year...if you can afford it the time is now..

 

At MSRP, I agree, just order one new. I know what it is like to want it NOW. However, that time waiting for the new one speced just for you is indescribable.

Cheers.
Ray

 

4000 miles for a car that *just* came out recently is way too many miles for the seller to be asking MSRP. Just my 2 cents though. I take delivery of my new 458 at the end of January at MSRP, so my opinion may be slightly skewed...

 

Mine has 2,500 miles loaded and I would not sell for less than $290k. Black on black with siver calipers.

 

Why people insist on paying over MSRP for a USED car is beyond my comprehension. It's not that hard to build a relationship with a Ferrari dealer. You simply have to go about it the right way. Just lobbing a call into a dealership to ask to get on the list won't cut it. Neither will stopping by the showroom on a Saturday (their busiest day). You have to establish credibilty by demonstrating that you are a true car enthusiast that is capable of being patient, and that you want to building a long-term relationship. It's not a one step process, but rather an iterative one. Ferrari dealerships want to sell their cars to people who will become repeat customers. That's why you have to build the relationship first. I've purchased 2 new Ferrari's configured to my spec at MSRP within the past 2 years. Prior to that I had never owned a Ferrari. Just make it a goal to establish yourself as the type of customer Ferrari wants, get on a wait list with a paid deposit, and you will get the car exactly as you want it at MSRP. Nothing as great as Ferrari comes easy, but it's not nearly as difficult as people make it out to be. Only the "must have it now" types who demand instant gratification seem to be the ones who consider paying over MSRP...for a used car no less. Patience is a virtue.

 

I agree, but patience is lacked by most. The number of people that
need something right is always
amazing. One the other hand if money is no object, seize the day!

 

agreed. @ 4k+ miles the car is no longer in its high teens - low mid 20s. rather, a matured adult with tons of experience...lol.

 

@ that px, highly doubtful you could find a buyer anyway

 

In other words, go buy the car, enjoy it and eat the depreciation. If you can afford a 458, the depreciation doesn't matter and life isn't long enough or secure enough to bet that you'll be around in 6 months. And, it beats spending your short time building relationships with a car dealership.