Lowest Price on 458 Italia seen yet

I usually don't chime in or take the bait but you are saying my MSRP 270K 2012 458 is going to worth less than 200 k in 3 mos?? Do you have cataracts because you must be high... (tongue in cheek response here and not malicious)... I actually think the 2012s will hold value better w the addition of the 7 yr maint. program... The 2010's are still fetching 260k with a basic amt of options and a clean record with low miles. I'm not going by Ebay prices either but prices from my friends in the business. Well at least I hope I'm right and your wong.....

Tony............

 

I spec'd my car yesterday, but the actual order won't go in for a bit. I asked for power-adjustable seats but not the full power option. Any thoughts on the wisdom of that? The price diff isn't trivial, and I don't need heated seats in Northern California.

Thatnks.

 

The full power seats also include the memory function. Given the delicate nature of the leather, and my driving position close to the wheel, getting in and out without this feature could easily damage the leather side bolsters.

 

You move the seat every time you get in and out? Wow! Certainly need the memory function.

 

Yes, go for the full power and heated seats.

 

US prices for the 458 start at $236,182.00 including the gas guzzler tax, dealer prep and transportation according to my dealer pricelist validated November 16th.

 

Hey Tony, I'm talking wholesale numbers, your talking retail numbers and no, not 3 months, it will be longer than that, your right on that part.

 

The market is also changing. The spider is entering the market at a higher price. This will boost values of coupes.

Why? Because waiting lists for new coupes will be longer and the spiders are even more expensive to buy. There shouldn't be a $100K difference between coupes and spiders in the resale market if they are apples to apples (mileage, condition, options, etc). That's 1/3 the value. The coupe would look like the bargain of the century.

Restricting the amount of new coupes available means that the existing inventory will be the main source of future 458 coupe sales.

Every market fluctuates. That's why I say it's going to be a long time. You can't look at today's trend. You have to look at how the market will change. If it were that easy, we'd all be billionaires in on the NYSE.

That's why I say it's going to take a while. No one really knows but it's winter time and when the spring comes, the market changes once more.

I still think a solid, no stories $200K 458 coupe is a long way from coming -- certainly over a year and maybe more. High mileage and stories (accident, no service history, fleet rental, repo), yes. There are always exceptions to every rule. But no stories, I don't think so.

Lastly, go back to all the Fchat experts in 2009 who said the resale value of a California would be half in one to two years. I think a lot of people have some crow to eat on that one. Predicting the future is never easy. Anything can happen.

 

I just joined the forum because I want to get into the Ferrari world. I'm reading about prices and stuff, and have been very interested in getting an 08/09 Scuderia. Best I can get right now is $180k (because miles, color, etc.). But for $60k difference (as the post before suggests), is the 458 the better deal ?
No track, I just enjoy them for a cruise and go out at night.

 

Let me know if you are willing to buy cars at auction and resell them on F-chat at cost...that would be a fantastic service. Otherwise I'm not sure if you're really "protecting" us by quoting wholesale prices as pretty much everyone on the board is retail.

Anyway, to me those Manhaim prints support the idea that prices are hanging in pretty well. If a used dealer gets a 10-15% gross margin, that implies retail prices of $270-280k. Sticker+ pricing, for cars with 10k miles and headed into the winter.

+1. The fact that there are three memory buttons means you can use the last one for getting out of the car. My kidhauler moves the seats back automatically to ease ingress / egress...this convenience makes even more sense on a car with wide sills, long doors and low seats. The electric seat option also has a control for tightening / relaxing the bolsters which could also help reduce wear when you get in / out.

 

Yep...time to sell the 16M.

-G.B.

 

It's beliefs such as yours that make me understand why you are a retired dealer. I think that you are completely wrong on your numbers..

 

There is no way in the world you're going to get a 458 for $240K now. More like $265 at the bottom end.

Is it better? Depends on what you want. They are apples and oranges. The 458 is a better cruiser and easier to live with car, the Scud a better track/raw car.

Personally, if you're just into cruising around, a standard F430 is plenty. You can get a good coupe for $130 and pocket the rest of the money for beer for the next 50 years.

 

Well that totally depends on how much beer you drink

 

In your case 100 years worth. LOL!

 

I was thinking 200

 

Yep, 1 pacifico = 1/2 beer

 

Reviving an old thread. Looks like the Mayor was right. 458 prices still 250k and up. Market has held well. But will it continue?

 

?

FML lists 24 for sale starting at 209K ask.

 

No one has a crystal ball but let's face it, when you still have 18 month waiting lists for newbies its going to hold values. A lot of people won't wait that long and will just jump into the used market.

Many thought the intro of the Mac 12c would put a kink in 458 sales but it hasn't. You like one or the other but it appears like they really don't compete that much -- or the 458 was even stronger as it "lost" those 500 sales to the Mac.

Dealers are still pushing coupes to people to get spiders later. Spiders will be in very high demand for a loooooooong time because from late 2009 until mid 2012 they made new zero spiders for sale. Spider sales in the US have traditionally been almost the same as coupes so that means its going to take a long time to catch up.

Higher spider prices will keep coupe prices up. The two cars are linked to some degree.

I'm no genius but I predicted F430 spider prices stabilizing after "the crash" of 2010 and they have. They've drifted down a little but the days of losing 5 grand a month are over. The reason is --- no new 458 spiders coming off the line. Even in late 2012, new ones are still rare to pop up.

The economy could crash or some event could change all that but if it's apples to apples, the 458 should be pretty stable until it's replacement comes out.

And, to be honest, that is exactly Ferrari's plan -- keep resale prices high. Good for repeat customers, good for making an excuse/justification for their high prices, and good for dealers who make more money.

 

Whats FML?

A/T, Cars, Dupont, Ebay - only 1 car @$209. Everything else $249 and up.

 

You can't have 24 cars that sell for $200K and dealers selling cars at $260 (which we know is happening).

The average dealer asking price now for a 2010 is about $250. For a 2011, $270. For a 2012, $290. Mileage, options, and condition vary but that's pretty close.

What people are getting is hard to say but it's not 50 grand off those prices.

Maybe Jim typed in McLaren 12C and not Ferrari 458.

 

Is FML UK?

It's a good thing if people can't wait and jump to the used car market. Good things come to those who wait