488 Pista - qualifying demands

nicely done.

 

Yeah it worked out pretty well. Nicely optioned Spider ran 340K and even swapped my 5K mile Speciale for it. Saved 20K in sales tax on the trade in so I figure I got MSRP + 10K for the Speciale. All in all a pretty good deal.

 

Congratulations!!

 

Joys of Ferrari ownership.

 

Offf...well I think you got Performante recently and enjoy her. No comment on you 'feeling well'. Good luck

Remember the 'not blowing dealer' quote you had in another thread...I think you just did.

 

Doesn't the lemon law take into effect after 3 times the factory cannot fix a defect?

 

I don't care as it's not my car...

 

Go to Youtube and watch videos on Dragtimes channel.

 

What!?

 

Which dealer?

 

I got offered the same deal for a new Nero 488 Spider that the dealer just happened to have in stock. When they wouldn’t put the Pista deal in writing, I became suspicious and the deal went from 100% assurance by the SA to 90% by the GM. I blew it off as a simple bait and switch. Just make sure and protect yourself since they may be counting on an extra allocation that they may never see. Then the 488 will cost you 40k and no Pista.

 

Then you'd be Pista'd off.

The Lusso/Portofino route didn't work as expected, now they're baiting 488 cars.

 

What a crappy way to do business. Making customers who spend 300-500k on a car feel like they are being screwed. Terrible.

 

So did you end up buying the 488 then?

 

All this talk about the Lusso/Portofino/488 swap for a Pista has me wondering which would be the biggest hit. I think we can likely all agree that it would be the Lusso, but between the Portofino and 488, I wonder. Depending on spec and ultimately miles, it might well be close. This is assuming a 6 month flip which is probably the minimum right? Anyone have any thoughts?

 

Purchasing a new 488 at full price at this time makes very luttle financial sense. Due to it being at the end of its cycle, it will depreciate the moment possesion is taken. For those who are happy with what they are currently driving, be patient. The new models on the way are going to be very exciting.

 

The flip depends on the dealer
Many make you sign a lean on car for between 12 and 18 months before you can sell it unless of course there the one taking the trade and making that money as well


Sent from my iPhone using Tapatalk

 

Incorrect, there is no lean, even though you meant to say lien.

Even if they do, it's just a ROFO, which they don't do on 488 cars anymore. Loss on the 488 would certainly be the least of the three, spec a proper 488 and your loss won't be as much as Lusso or Porto. Lusso will lose you $100K no matter how you spec it. Porto you're looking at $50K-60K loss as well, its price is close to a 488 Spider, which is a much better car.

 

Disagree. 10K above MSRP for my 5K mile Speciale in an even trade for a nicely equipped Spyder with a Pista allocation coming was a good a deal as there is out there IMO.

Only bad part is I have a 5 month wait for the Spyder (to go with my 6 month wait for my Performante Spyder).

 

So you think the my Speciale was worth 50K over MSRP? (10K over MSRP is what I got plus the 40K you stipulate). That would've been 397K for a 5K mile Speciale. You buying?

 

Agreed. Spec'd right I think the 6 month trade in will be in the 40K loss range. So essentially I would be paying 40K over MSRP for the Pista. I did that on my Speciale and did all right so .....

Remember guys these are CARS. They AREN"T investment vehicles and it's ridiculous to treat them as such. Makes as much sense as buying a car and then NEVER driving it.

Go buy a poster instead. Its cheaper (and you might can re sell it for more than its worth one day!!!!)

 

No your incorrect
The lien is on your title
And I have that on my 812
It stays for 12 months on mine
A lot of dealers are doing this


Sent from my iPhone using Tapatalk

 

What law allows them to do this? Assuming of course the car is paid for in full.

 

A lien only exists if the item is not fully paid. Once it is, and evidence of that fact is presented, the lien must by law, be removed by the lien holder.

 

This is the dealers law
Even if the car is paid in full
I had the same reaction when they stuck the paper under my nose
They don’t want you to be able to sell the car before the year unless of course they can sell it
That’s the way it is


Sent from my iPhone using Tapatalk