488 - Pistas selling for less than MSRP... | Page 30 | FerrariChat

488 Pistas selling for less than MSRP...

Discussion in '458 Italia/488/F8' started by 09Scuderia, Mar 27, 2020.

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  1. carz80am

    carz80am Formula Junior

    Sep 23, 2015
    695
    I've heard 20-30 over, but that also was for one with a high 500k msrp. I think with pista/pista spider lots depend on the msrp. The higher the msrp, the less your getting over/under.
     
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  2. Avia11

    Avia11 Formula Junior
    Silver Subscribed

    Jan 21, 2017
    877
    San Diego, CA
    There were 35 Speciales for sale when I bought mine in January. Down to 22? Yeah the prices on these are still 350+ for low mileage, no story examples. A few with higher miles can be had for less. Beautiful rosa corsa one listed at 309K with 11,500 miles. There is a really nice looking Pista for just under 400K as well, I don't think its highly optioned though: https://newengland.ferraridealers.com/en_us/search-used-ferrari/2020/ferrari/488_pista/2020_ferrari_488_pista-ferrari_of%20new%20england-ZFF90HLA5L0248955
     
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  3. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,878
    France
    In the current climate my guess is that the number of actual transactions will dramatically decrease, and they will be at significantly lower price.
    People willing to buy will wait for crushed prices (nobody really needs to buy an exotic, so in times of uncertainties the only incentive will be adropped price), so that the only people selling will be the ones with no choice.
     
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  4. dustman

    dustman F1 World Champ
    Rossa Subscribed

    Jun 12, 2007
    11,409
    Count me in
     
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  5. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    16,462
    Menlo Park, CA
    Full Name:
    Paul Chua
  6. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,878
    France
    Not sure it is, but looks like a GTO 64.
     
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  7. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    16,462
    Menlo Park, CA
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    Ah, thank you! The spartan interior definitely makes sense then, and I think should be judged in context.
     
  8. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,606
    Right you are. No one is going on vacation for a long time.
     
  9. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,878
    France
    Actually looks like #3413, a '62 GTO rebodied in '64 style - sold by Sotheby's in 2018.
    Back to topic - I think the thread title has become old news now, the new question is how much less.
     
  10. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,841
    SoCal
    Full Name:
    Edward
    Crazy to see Pista prices in the same territory as Speciale !


    Sent from my 16M
     
  11. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,878
    France
    It's not the case in Europe (yet?) but apart from the artificially inflated initial price of the Pista, in the medium term it would make sense - with the 458 Italia / 488 GTB having a limited price gap, I struggle to see any reason for the Pista to maintain a huge price gap with the Speciale.
     
  12. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    16,462
    Menlo Park, CA
    Full Name:
    Paul Chua
    #737 paulchua, Apr 22, 2020
    Last edited: Apr 22, 2020
    I just chatted with Charlie Miles today. He said business actually picked up for his firm during Covid-19. I've known him for over 10 years, and he's been in the business almost 20, so when he speaks, I tend to shut up and listen.

    @ttforcefed sent you a PM with his info if you're looking for CGT, he might have one that meets your criteria.
     
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  13. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,255
    thanks brah
     
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  14. Avia11

    Avia11 Formula Junior
    Silver Subscribed

    Jan 21, 2017
    877
    San Diego, CA
    Yeah it’s kinda nuts! I’m debating what to add to the modern sports car contingent of my garage which is currently a 720s Spider and speciale. A F12 tdf, Pista Spider, or an 812 GTS? I just heard I got an allocation for the 812 GTS. Any thoughts? Thanks in advance!!
     
  15. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
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  16. Gh21631

    Gh21631 F1 Veteran
    Silver Subscribed

    Feb 24, 2011
    9,145
    East
    Depends, do you want a car that you will drive or collect?
     
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  17. IloveGT

    IloveGT Formula 3
    BANNED

    Oct 17, 2015
    2,419
    hmmm, if the 812GTS is 500k, the answer is I don't know... Definitely not pista spider. You have 720s spider already.
     
  18. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,841
    SoCal
    Full Name:
    Edward
    What he said [emoji115]


    Sent from my 16M
     
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  19. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
    19,255
    For 500 to 700 price range Cgt>tdf>pista>gts
     
  20. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,841
    SoCal
    Full Name:
    Edward
    If you had to pick only one in your garage... CGT>TDF ?


    Sent from my 16M
     
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  21. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,255
    Cgt all day. Its a true supercar. Tdf is an f12
     
  22. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    16,462
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    #747 paulchua, Apr 22, 2020
    Last edited: Apr 22, 2020
    Mike,

    I'm just trying to understand what/why/how have you come to a place where you consistently make statements like the above with such gumption? Seriously, I've noticed you have many (let me try to be diplomatic) let's say not factual proclamations.

    I certainly appreciate and, at times, adore contrarians, but after a while, I do genuinely wonder your motives (perhaps social pathology) when said proclamations tend to be very negative against this community, but at the same time are so easily disproven.

    Case in point, when you said last that Motortrend published fake/false/ Ferrari tests, yet when I respectfully ask you to provide evidence, you avoid the good-faith dialogue.
    ***
    Once again, you make the bold statement the Great Recession "knocked down exotics massively" Really? Ferrari went from 6,587 units sold in 08' to 6,250 in 09', and then after another couple of years 7,000+ in the midst of the 'last recession" you quote above.

    Here's the classic market (I shaded the area considered by NBER as the recession)
     

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  23. Avia11

    Avia11 Formula Junior
    Silver Subscribed

    Jan 21, 2017
    877
    San Diego, CA
    Thanks all. Yeah I'm leaning towards the TDF, its hands down one of my favorite cars ever built. I think there might be a matching one to my speciale which would be sweet. That being said the 812 GTS is also such a beautiful car, especially in blu america. I drive my cars, special edition or not. So thats not really a factor for me. The TDF sounds like a dream but a convertible V12 is an equally delightful proposition. I do like the way the pista spider looks but you're right the 720s fills that void well.
     
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  24. NeilF8888

    NeilF8888 Formula 3

    Feb 10, 2005
    1,174
    Miami Beach
    Trade the Speciale for an Aperta, and buy a TDF. You would have a great spider and the raw performance of the TDF. I’ve owned both an 812 and a TDF and sold the 812.



    Sent from my iPad using FerrariChat
     
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  25. Ash Patel

    Ash Patel Formula Junior

    Dec 12, 2015
    549
    Stockholm, Sweden
    Very well spoken. I don't know about the current car-delar situation in the states but here in Sweden exotics sales are going up, the same with boats (bigger boats). Seems some non car owner her on this forum are just plain jealous because they still can't afford something else than a skateboard, @Shadowfax had to quote you on that one, had me laughing so hard :)
     
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