What Is a Reasonable Price Over Sticker To Pay For Pista? | Page 7 | FerrariChat

What Is a Reasonable Price Over Sticker To Pay For Pista?

Discussion in '458 Italia/488/F8' started by F355 Fan 82, Jan 25, 2019.

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  1. daflk

    daflk Formula Junior

    Jan 27, 2013
    257
    Hong Kong
    Guys there’s no rule on allocations it depends on the country. Rules and practices are COUNTRY specific. Practices in US don’t carry to Asia. Although ultimately Ferrari does have ultimate say in who gets special series or time limited production allocations.

    In HK someone I know has Pista AND Pista Spider allocation. All he had to was buy a Portofino.

    Also new Pistas are being sold, sale managed by dealer. Asking price is ZERO above premium. This reflects local market sentiment as a lot of HK businessmen got hammered by trade war and stock markets.


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  2. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
    8,035
    Tropical
    Interesting that there is normally a relatively small reduction in price from the more'limited' model to the next standard model

    All UK STG

    CS to 430 133-117
    Scud to 458 173-170
    Speciale to 488 208-183
    Pista to ? 251- 225 ish?
     
  3. noone1

    noone1 F1 Rookie
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    Jan 21, 2008
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    Mike
    Probably more to do with your currency/brexot more than anything. You said you have a fully loaded car, yet there is a red one in the US posted with a $440K MSRP, also no CF wheels. Your 488 was a spider, so subtract 15k.

    So really, coupe for coupe, your car would be at least 350-360k GBP in the US. And that probably includes VAT.

    I browse eBay pretty regularly, and I've never seen a 488 coupecnear $450K in the US. Nothing even close to that.
     
  4. exoticcardreamer

    exoticcardreamer Formula 3

    Dec 9, 2014
    1,051
    usa
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    doesitmatter
    This is correct. As TT has mentioned that miles kill the value of the car. Not sure if driving 600 to 800 miles on each car and then turning them in for the next one is the way to do it (the examples I gave fit into the miles that I just mentioned). A lot of people fit into this to keep the miles low, losses low and turn it in to the next car and to move up in line.

    The OP had asked if $180K above was a reasonable or going price... One of the factors of what the price above MSRP, if any is how much "skin" people have in the car and what it would take for them to part with it right away.
     
  5. I think those are the OEM optional carbon wheels for the Pista.

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  6. martisracing

    martisracing Karting

    Nov 2, 2011
    56
    Northamptonshire, UK
    On Monday I priced both a 488 Spider and a Pista at the UK dealer I use. Based on a reasonable spec for both cars the Spider came out at £279k and the Pista at £291K. Assuming the the Spider will drop more than the Pista and the Pista is an LE model it seems better value than a Spider. The dealer said that allocations are lower for the Pista than the Speciale. This seems to be supported that when I ordered my Speciale I easily obtained slots at 2 dealers one of which I had never bought anything from. This is completely different from the Pista as all dealers have said no apart from the dealer I use. He is still trying to get me a slot and is hopeful I will get one of the last build slots. Other customers have already been told they cannot have one.
     
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  7. 458-Italia

    458-Italia Formula 3

    Jan 10, 2014
    1,726
    France
    the main cost of a car is the depreciation we will see soon if it justifies its price
    nevertheless a Pista is infinitely more desirable than a 488 GTB
     
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  8. Lukeylikey

    Lukeylikey F1 Rookie
    Silver Subscribed

    Mar 3, 2012
    3,662
    UK
    Can’t work out your maths? Firstly currency works the other way (when 488 price was set GBP was stronger meaning cheaper pricing, when Pista price was set GBP was weaker meaning higher prices). And why does his spider at £275k mean coupe would be £350k?

    Fixer03’s Pista price equates to that of a friend of mine with a similar spec - all the carbon, lifter, stripe, standard wheels and RC for under £300k.
     
  9. Lukeylikey

    Lukeylikey F1 Rookie
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    Mar 3, 2012
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    A very familiar story. But even though there are lots of people who have been refused, apparently it means that the dealer is playing games with you and just pretending, and before you know it a Lusso will be on your drive...;)
     
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  10. noone1

    noone1 F1 Rookie
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    #160 noone1, Jan 30, 2019
    Last edited: Jan 30, 2019
    Here's a 2016 Coupe sticker and the 2018 Pista sticker in the US. The Pista MSRP is 100K more expensive, before adding any new CF. There is no way a loaded 488 Coupe could come anywhere close to a loaded Pista, at least in the US.

    I said you should subtract/add 15K (maybe more?) because he was talking about Spider, which naturally has a higher price. You'd have to compare the price on a 488 Spider to a Pista Spider, not a Pista Coupe.

    In any case, yes, the Pista has pretty insane pricing for stuff that should arguably be standard.

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  11. noone1

    noone1 F1 Rookie
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    For reference, the MSRP on a 2012 458 was $228K. A 2014 Speciale was $288K.
     
  12. MANDALAY

    MANDALAY F1 World Champ
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    May 23, 2013
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    Except all allocations long gone
     
  13. Caeruleus11

    Caeruleus11 F1 World Champ
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    Jun 11, 2013
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    They made the Speciale for quite a bit more time than they are going to make the Pista, so this makes complete sense.
     
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  14. ScrappyB

    ScrappyB Formula 3

    Oct 3, 2017
    1,644
    Has Ferrari announced how long the production run will be? I assume it will be built alongside the 488 FL for another 2 years before the 488 successor arrives.
     
  15. NeilF8888

    NeilF8888 Formula 3

    Feb 10, 2005
    1,174
    Miami Beach
    I don't know how long the Pista will be made but Pista Spiders will only start 3rd quarter of 2019.
     
  16. Caeruleus11

    Caeruleus11 F1 World Champ
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    #166 Caeruleus11, Jan 30, 2019
    Last edited: Jan 30, 2019
    I don't know either but I have read a few reports stating they need to end 488 production around end 2019 or early 2020. I know they are breaking the usual pattern, but in the past when they show the new model, it means the special one is not going to stay in production for much longer. They could always change it of course!
     
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  17. SoCal to az

    SoCal to az F1 World Champ
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    Nov 25, 2012
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    291 pounds is roughly 380k is dollars which seems about right for a LE v8. How full was your spec? And what are people getting 450k mark putting on their cars???
     
  18. martisracing

    martisracing Karting

    Nov 2, 2011
    56
    Northamptonshire, UK
    The Pista spec had most options including all the carbon, stripes, lifter, reverse camera, sat nav, coloured wheels and calipers,etc. It did not have carbon wheels. Both cars were specced in Rosso Corsa. There were a couple of options still thinking about (4 point harness and JBL system) that would probably mean it will end up about £295k.
     
  19. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,874
    France
    I would not say infinitely, it depends on personal and subjctive criterias. For me it's certainly not - more desirable yes, but not as much as the price difference. (some consider a big price difference as an additional appeal because it proves they can afford it, but that's not my approach)
     
  20. 458-Italia

    458-Italia Formula 3

    Jan 10, 2014
    1,726
    France
    The best or nothing !
    :)
    Pista code 30 delivery end February ! :cool:
     
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  21. Solid State

    Solid State F1 World Champ
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    Feb 4, 2014
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    Notwithstanding your overall point, the Pista is a Special edition and not a Limited Edition. In other words nothing limited and has no plaque and associated clout/collectability/allocations/build quantity versus an LE such as the 458 SA maintains over the 458 Speciale.
     
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  22. dmark1

    dmark1 F1 World Champ
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    EXACTLY. Remember the Speciale was a 2 year run and with the new car coming on line for production this summer the Pista is likely just to be a ONE year run. This makes me feel that the Pista will be in the 2000 car territory WORLDWIDE.

    Soooo many people on this forum that are butt hurt they didn't get a Pista allocation and now are pronouncing sour grapes.
     
  23. Caeruleus11

    Caeruleus11 F1 World Champ
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    Jun 11, 2013
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    When I talk with friends around the world they say dealers talk of getting anywhere from "a few" to "several" Pista less than 458 Speciale coupe. However, they are getting "a few" more Spider than 458 Speciale Aperta. What does this mean? My guess is production number will be less Pista coupe than Speciale coupe. But a bit more Spider than 458 Speciale Aperta. I also think they made Speciale for more than 2 years. I think it ended up being like 2.5 years.
     
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  24. Fixer03

    Fixer03 Karting

    Nov 1, 2015
    229
    Right OK let's take the GTB instead, Say £260k with same spec as 488 spider V Pista.
    Additional on Pista over GTB, CF engine bay, CF rear diffuser, CF under door sills,CF rear vents & under spoiler, additional CF in interior, more carbon on front end.. bonnet, bumper. Add all these to the spec of the equivalent spec GTB (if you could) I'll bet you would not be far off the Pista price ?
     
  25. Lukeylikey

    Lukeylikey F1 Rookie
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    Mar 3, 2012
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    Sounds correct although spider is likely to be a very short run - doesn’t really get going until 2020 by which time whatever they show at Geneva will be old news and already in production. If it has a different dash (likely) the supplier will not really want to supply the old and the new, similar to other suppliers. I can’t therefore see spider production being long. They could devote all Pista production to the spider for a time, which might get some decent numbers but maybe only 600-900, which would keep it still quite scarce. The Pista would also be out of production by Q4 this year if that were true, backing up your theory (and confirming comments from many dealers across the world that Pista will be fairly hard-to-come-by).
     
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