458M - Impact on 458 used prices

It will be better, 458 prices will go down...same every time.

 

The coupe won't be in North Ameria until next fall at the earliest. It will be announced this spring with deliveries in Europe late summer....Some of the time lines being thrown around.

The coupe with fall more once the new car is anouced and will continue to fall as people trade their coupes in for the new car....how far depends on how different the new car is and how well it is received. If the body change is minor i.e. the Calaforina then the 458 may not fall as much.

 

I think values will go down slightly initially, but being the last of the normally aspirated V8s, I think values will stabilize, and perhaps start to creep back up over the next 5 years.

 

Standard 458 values are not going anywhere but down (slowly) for a long way into the future. There are too many of them and they are in no way 'limited editions'. Speciale and Speciale A will do better (obviously).

 

I actually sold my 458 Italia last week. I really enjoyed the car and had it for about 14 months. I do well for myself but I can't afford to take huge hits in depreciation on toys. I decided that now was a good time to sell being I got a fair price for the car and that values are dropping as we speak. I have noticed increased supply of Italias at dealers and this concerns me. When the new model arrives, the 458M? comes out the prices in my opinion on the 458 Italias will dive even further. I did not want to hang on to my 458 through winter (don't drive it in winter) and come next spring I could lose another $20,000 to $30,000 bucks, no thanks.

That being said, I have a 2015 Porsche GT3 arriving in December. These cars are currently selling above or at MSRP and with supply ending for the GT3 RS run the GT3's could potentially go up in value with less supply. I have had many Porsches in the past, and though not as exciting in certain aspects to Ferrari ownership I love the way they drive and they are great cars to own! Anyhow, I just thought I would share my thoughts on the 458 values. I can always buy a 458 Italia again but I am not going to be the one taking the huge hit of depreciation! I am not gonna lie though, I miss my 458 soo much already, hell of a car. I have a empty garage spot and December can't come soon enough….

Its a buyers market for 458 Italias right now, deals can be had!

Ryan

 

We are always speculating regardss pricing and so many factors influence what any one of us will sell our car for when the time comes. It maybe what part of the world you live in or how much the next iteration of Ferrari sells for, or, in this case, if the change from normally aspirated to turbo will impact the market place. Want the "latest", then money cannot be a consideration. If money is a cosideration, time the buy to when others are tradiing in their cars on the latest model. Best

 

Here's my take on it. There's a lot of 458's out there, and when the new car arrives, many will want to have the latest and greatest. This simply means that the number of available used 458's go up, and the price go down. For a few people, the na vs. turbo thing means a lot, but to many, I'd say most, more power and the fact that it's the "new car" will be what matters. If the next car is faster and better, that's what people will want to have, turbos be damned.

My 2

 

Great deals and high inventory....I bought now, fantastic price.
New car will be faster, which is nuts because the current car has more power than can be used on the street.

 

production numbers. Just look at how many 458s were made. Of course they will drop in value for some time to come. 430 values are in for a hit as well...less so the 360s as they are already towards the end of their depreciation curve.

PS I too sold my modern Ferrari's and bought Porsches. They have increased in value. Still have my 328...

 

I agree with you guys but I will add in this time there is increased competition in the marketplace from McLaren and Porsche seems like they might get in the game. Add in the loss of the NA motor and its response and sound- and you are losing the two best subjective arguments against the McLarens of the world. I can envision a scenario with the press writing how Ferrari has lost it without Luca at the helm. (How long has the press been waiting to write this?!!)

I don't think it was just him, but I do think he kept a real firm hand on the relationship with the press. If the new car gets mediocre press, it won't stop the initial sales, but it can have an affect over time. If LDM was still there, and or if the next model was NA but with more power, I'd say it will be just like before. I'll take a little risk here and use the proverbial statement: "this time its different".....

 

the scary part of all of this is the fact that Ferrari is no longer leading in F1 and won't again for years to come. This matters. Ferrari's dominance in F1 went hand in hand with their success marketing sports cars.

Of course Ferrari will expand its offerings to meet consumer demand. Of course they will use the FF as an excuse to make a 4 door Ferrari..maybe even a SUV.

 

If 458 with higher miles (> 10K miles) in the $150K range by end of next year, that would be great

 

what about 40-50k miles?

Maserati will build SUV

 

Here's 45K miles, $180K or best offer:
Ferrari 458 458 Italia | eBay

 

Lol. I put 2k miles on my 458 in 4 days last week, and couldn't be happier....bucket list drive of a lifetime.

 

this is last V8 NA , price can't go much lower

 

so how many miles you will make before you sell this car?

 

The combination of the 458M late next year in North America and the prospect of increased production will drive used 458 prices down. The NA factor will be largely ignored unless the 458M has noticeable turbo lag or some other serious issues, which is unlikely (but not certain).

In any event, I'm keeping my Italia until I can trade it in on the replacement. I've already told my dealer that I'd like to buy a 458M (or whatever it is called) when available. In the interim, I'll absorb the increased depreciation on my 458 in exchange for the joy of driving it.

 

Unknown....maybe trade for a 15 spider as the last of the nat v8 spider.

 

I'm actually thinking of 991 GT3 as well. Keep in mind, it's a brand new car so most likely it'll take a hit once 991 RS comes out. You should look into 997.2 RS if you hate depreciation on cars like me

How about 2010 458 for 210k? Is it a good deal? MSRP is like 300 something. Do you guys think it'll depreciate as much as brand new GT3 within a year or two?

 

^ no.

 

In my opinion the GT3 will hold values very well. Currently the cars are selling above MSRP or at MSRP and production is stoping soon which seems like a typical supply and demand situation, supply will be low, prices will hold. The GT3 RS will be more money and very few will be able to get them, thus keeping the GT3's values up. I don't have a crystal ball but this seems like a logical path for these cars given the past GT3 models etc..

I miss my 458 already, and the GT3 is not going to be a 458 and I know that but the GT3 is waay less pricey and its brand new, warranty etc. I needed to move on. My warranty was ending, headed into winter, prices dropping etc.

In my opinion 458 Italias will drop $20,000 to $25,000 in the next 6 months. The new replacement is being released soon and many will trade up. The 458 market is getting really saturated. I know, I just sold one and had to look closely at how many were for sale and it was shocking.

For a 2010 458, don't pay much more than 200 even with a 300k plus MSRP….

 

Who knows though, if the new replacement is a turbo and not well received the 458's be the last NA prices could stabilize and go back up, we just don't know.

 

Down and down and down. Just like every other V8-powered regular production Ferrari. The only ones showing an upward move now is the early 308 variants and very nice 89 328s, and even those are well behind inflation-adjusted MSRP.

Let's face it, mainstream Ferrari cars are not investments.

(This is good for bottomfeeders like me!)