458 Market | Page 2 | FerrariChat

458 Market

Discussion in '458 Italia/488/F8' started by 2Fast2Fit, Aug 10, 2022.

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  1. kumar75150

    kumar75150 Rookie

    Feb 20, 2006
    29
    Dallas
    Full Name:
    Kumar
    jsh458ft and 2Fast2Fit like this.
  2. FE458IT

    FE458IT Formula Junior

    Jul 17, 2013
    445
    Toronto
    I test drove that car at San Antonio ferrari, nice spec, the buttons are sticky and will need to be refinished.

    Seems priced about right.
     
    2Fast2Fit, Monteman and kumar75150 like this.
  3. axlesofevil

    axlesofevil Formula 3

    Jan 14, 2012
    1,669
    San Diego, CA
    I would not try to predict the market. If you love the car and it's the right one for the right price then buy it.

    They're great cars. You won't regret it.
     
  4. jsh458ft

    jsh458ft Formula Junior
    Silver Subscribed

    Dec 9, 2020
    374
    PA
    Very nice car. I like the unique interior more than I would have guessed.

    No parking sensors or camera (which was more of a must for me). Price seems right in the current market (I would negotiate them taking care of the buttons RE: other reply)
     
    2Fast2Fit and kumar75150 like this.
  5. axlesofevil

    axlesofevil Formula 3

    Jan 14, 2012
    1,669
    San Diego, CA
    #30 axlesofevil, Aug 12, 2022
    Last edited: Aug 12, 2022
    Nice spec beside the lack of sport wheels and parking sensors. Not the biggest fan that the alcantara is red, but it is alcantara. Mileage isn't low but it isn't high either.

    I paid $205k for my 8k-mile 458 at the end of 2020. It was very similarly optioned, main differences are that mine has: Rosso Scud, Sport Wheels, Rear Parking Sensor, Black Roof.

    Seeing prices now, at $264k it seems fairly priced. The 458 market isn't super liquid like it is for "regular" cars. The car is really worth what someone is willing to pay for it. Would you be happy with this car for $264k? How close is it to the ideal spec for you? How long are you willing to wait for the "perfect" spec? How much are you willing to pay for the "perfect" spec? Only you can decide if $264k is the right price. I can assure you it's right for someone out there.

    Personally, I'm just glad I bought mine when I did. It's probably worth a lot more now than in 2020 :p
     
    kumar75150 and 2Fast2Fit like this.
  6. kumar75150

    kumar75150 Rookie

    Feb 20, 2006
    29
    Dallas
    Full Name:
    Kumar
    #31 kumar75150, Aug 12, 2022
    Last edited: Aug 12, 2022
    Price is a little high but that seems true of everything these days. I just ordered and waited a year plus for a different car. It arrived completely out of spec. So my patience is a little short right now.

    I’d like a later model Rosso Corsa 458 with race seats so this one caught my eye. One year warranty is some piece of mind. Mileage I’m less concerned with. I plan to drive it a lot so higher mileage is preferred.

    I don’t really get too caught up in price trends. I might get hit by a truck tomorrow. I just like knowing I got a fair deal.
     
    Eric C, 2Fast2Fit and AD211 like this.
  7. 458Spider2013

    458Spider2013 Karting

    Dec 1, 2021
    171
    Full Name:
    Pete Gregory
    DriIve, Rexcat458, bball16 and 5 others like this.
  8. 2Fast2Fit

    2Fast2Fit Karting

    Jan 31, 2022
    74
    North Carolina
  9. Boiler Inspector

    Boiler Inspector Formula Junior

    Oct 14, 2017
    352
    Texas
    Full Name:
    Brian
    Rexcat458 and 2Fast2Fit like this.
  10. 2Fast2Fit

    2Fast2Fit Karting

    Jan 31, 2022
    74
    North Carolina
    Yeah, the car is in pristine condition, has all the options I wanted, fully documented with one owner, couldn’t ask for anything else. Ever since I was a kid I’ve dreamt about owning a Ferrari, finally realizing the dream.
     
  11. kumar75150

    kumar75150 Rookie

    Feb 20, 2006
    29
    Dallas
    Full Name:
    Kumar
    Would you guys treat all model years equally?

    I’m trying to remember if earlier cars are more likely to have transmission issues.
     
    2Fast2Fit likes this.
  12. Boiler Inspector

    Boiler Inspector Formula Junior

    Oct 14, 2017
    352
    Texas
    Full Name:
    Brian
    It was explained to me that Ferrari re-programmed the ECU on the 2010-12 cars so that the shifting not as abrupt and thus cured most of the DCT issues. I have also been told by a local performance shop that *if* a 458 is going to have DCT issues typically it occurs before 40k miles.
     
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  13. Texas Forever

    Texas Forever Eight Time F1 World Champ
    BANNED Rossa Subscribed

    Apr 28, 2003
    85,600
    Texas!
    2Fast2Fit likes this.
  14. kinein

    kinein Karting

    Jan 11, 2020
    51
    Full Name:
    Ernest Crawford
  15. kinein

    kinein Karting

    Jan 11, 2020
    51
    Full Name:
    Ernest Crawford
    I prefer my race seats
     

    Attached Files:

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  16. Texas Forever

    Texas Forever Eight Time F1 World Champ
    BANNED Rossa Subscribed

    Apr 28, 2003
    85,600
    Texas!
    Looks good. The standard seats are over bolstered. I recently had a chance to drive a Daytona and a F12 back to back. I liked the Daytona seats much better than the F12.
     
    2Fast2Fit likes this.
  17. Bigfisher89

    Bigfisher89 Karting

    May 24, 2017
    92
    I love the racing seats in my 458s. Maybe its my body type but i think they r super comfortable
     
    2Fast2Fit likes this.
  18. Akajak1

    Akajak1 Karting

    Jun 24, 2020
    82
    UK
    They can all fail regardless of MY


    Sent from my iPhone using FerrariChat.com mobile app
     
    2Fast2Fit likes this.
  19. Eilig

    Eilig F1 Rookie
    Rossa Subscribed

    Aug 31, 2001
    4,096
    Full Name:
    Tänzelndes Pferd
    3 months ago, 92 458 Italias for sale in US. Today 69, most with >10k miles. Market continues to tighten.
     
    SD455TA likes this.
  20. SD455TA

    SD455TA Formula Junior

    Eilig likes this.
  21. todd cloud

    todd cloud Formula 3

    Jun 21, 2019
    1,077
    Full Name:
    Todd
    No
     
    pnd4pnd likes this.
  22. MalibuGuy

    MalibuGuy F1 Veteran

    Sep 18, 2007
    5,888
    Hard to believe that the early 458s are now 11 year old cars! One way to look at the math of potential service bills is to also consider the amount of future depreciation. If these cars aren't going to lose much value then maybe that should be taken into consideration.

    If you bought a brand new 200K car, would it lose value over the ownership experience?. If it were a new model Ferrari, the MSRP would be higher than the 458 and after 5 years would it have lost value ?

    How do those dollar amount losses compare with the 458 repairs?

    Obviously no one wants to pay expensive repair bills. But has the market has already weighed in on the 458 s reliability? Meaning that the cars are reliable and that is part of the reason for the demand and stable prices?
     
  23. 328SD

    328SD Rookie

    Jun 8, 2006
    11
    I'm on a soft 'educational' search right now. I'm not ready to buy, but I'm kinda feeling out what's available, pricing etc. There aren't a ton of options out there that check all the boxes, and I don't feel like I'm being overly picky.

    The 2010's and 2011's are sub 200k in a few cases. I'm tending to believe what others are saying which is that the DSG in all model years can fail(or be bullet-proof), but there are certainly lots of mentions that it happens 'more' on the 2010s and 2011s. Who knows.

    I understand why a 10k mile car lists for significantly more than a 24k mile car, but with all of the rock solid reliability claims, is a 30k mile well maintained car going to be mechanically just as reliable? Have we seen a handful of 50k+ mile cars to judge long term?
     
  24. kinein

    kinein Karting

    Jan 11, 2020
    51
    Full Name:
    Ernest Crawford
    I have 48k miles on my car and currently dealing with transmission issues with Beverly Hills Ferrari. I purchased the car with 40k miles and spent some money on the car to take car of possible future issues. All new coil packs, charcoal canister and a few more other things that add up to around $27k including a major overhaul on the transmission with Ferrari. A well sorted high mileage car is more appealing to me than a lower mileage. I want to enjoy and drive it without concerns about mileage.
     
    NYC Fred and Rexcat458 like this.
  25. Live2win

    Live2win Karting

    Sep 27, 2019
    177
    Pasadena MD
    Full Name:
    David perkins
    Challenge, Viperjoe, mar76 and 2 others like this.

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