That was just what I was going to post as well. February just before things warm up and people think about cars for spring/summer.
Following this thread, I was wondering when the last point was to buy a "NEW" 2015 spider at list prices"? The reason for asking this, is Ferrari will likely really raise the base price of the replacement and the dealers will tack on a fee or the order book will be pushed out 24 months lead time wise. So if you are planning to keep your 458 Spider and you couldn't find one you liked and were accepting the price drop (as did I) when is that option gone for you?? I also have a neighbor who owned a F430 but sold it for back problems and has just had surgery and his back is fine and he's considering getting a 458 Spider. He definitely doesn't want the replacement car with a turbine. I think he will consider used since he's going to be looking for Red-Beige where as I was stuck with ordering new because I wanted Black-Beige and there aren't any on the used market.
Gotcha. I did not realize you were quoting others...your statement sounded pretty definite. Guess I am not one looking for an exit strategy when I am on the front end of the enjoyment of ownership. Some things, like Ferrari luggage, might fall into your "buy now lose later" scenario but CF is not one of them...at least it hasn't been for me.
Found a few 458 spiders at authorized dealships, low miles 1500. Asking $335,000 , both above sticker. What would you guys offer? Thanks
What were the model years, mileage and stickers? Because the replacement is coming next year. MSRP - 20k per year and $2 per mile. They aren't immune to depreciation at this point.
Thanks for advice- 2014 1000 miles msrp $312,000. They are holding firm at 325,000. Are they still selling above msrp?
Normally I'd agree, but next year is the new car so I'd buy after it debuts, which I think is Geneva in March.
Agree, the market will be very saturated as 458 Italia owners move on to the newest model. I sold mine anticipating huge drops in values over the next 12 months. I could be wrong but I didn't want to find out the hard way, and lose BIG money. I miss my 458 Italia A LOT. I have a 2015 GT3 arriving in December but something tells me a Ferrari will sit in my garage again in the next few years
I don't think the prices will drop as much as some of you think. The buyer that is looking at a 2010-2013 used 458 is not the same buyer who is looking to spend $320k+ on a brand new car. It's two different markets in my opinion.
The "problem" is someone may pay the price. It is unusual for anyone to "hold" firm when they are lacking confidence. The "fact" of the matter is these cars will be selling for less very soon and ordering a new one costs you the same. The "conflict" is always, what do YOU want? I own several cars and don't trade as often as I used to because I don't drive any of the cars that often and change when the mood strikes. Many who truly enjoy their car simply want something new regardless. Finally, I find it odd that some are making decisions about not buying the next Ferrari when they have yet to see or hear it. Best
I think there will always be intense demand for the newest and upcoming model Ferrari makes. They know their clientele, and the competition. Just like the Gallardo vs Huracan. Gallardo prices have dropped, since the Huracan has been released. Guaranteed, people will dump their 458s to get the 458M. Doesn't matter if it's a turbo or not, the technology will be far superior, and has to be, to supersede or stay with the competition. Just my 2 cents, guarantee
Time will tell. Personally, I would hate to spoil my ownership but worrying that the sky might be falling 6 months from now, 1 year from now or 2 years from now. Especially since ordering and waiting for the Spider was a 7 month exercise in patience (and this is with getting an immediate allocation upon deposit). Best to appreciate daily driving the Spider and being grateful for my health and sunny weather.
+1. I just sold my 14 Spider yesterday. Put almost 1900 miles on it so I enjoyed it. Expecting them to drop a bunch as the used 15's start being advertised soon and the new model 458 is unveiled in Geneva in March. Plus it's winter, so convertible driving is not that in demand in lots of areas around the country. The 458's are a cold market now. Nothing is going for MSRP or above anymore (in reality). The GM's of 2 separate Ferrari dealerships told me this from their own mouths. Dealers want you to believe that illusion. Their asking prices are bull****. It's a farce. If you want a 458 or 458 spider I would just wait a bit. Prices will only go lower. Otherwise I wouldn't have sold mine. It's a truly amazing car. I'll wait to see what I think of the new 458m when it's unveiled in 4 months and then decide if I want one or not.
I bought a 458 a couple of weeks ago and got a very good deal. I live in the Chicago area so will be parking it for the winter soon but prices tend to go up in the spring as demand increases. I think now is a good time to buy as there is a lot of 458 inventory now.
I have always thought that if a person is worrying about depreciation on a car they are looking to buy, then that car probably is not for them? Yes comparing depreciation on cars in a similar category makes some sort of sense, but if that is the gauge for which car you go for then I would not call you a car enthusiast. Now this is not to say that you can not/should not buy smart, i.e. try to get the first year of production for each model of car so that you can enjoy it as 'new' for longer. But then you may start worrying about miles driven etc and depreciation. Life is just too short to think of all of this. Of course the prices of the 458 will drop when the 458M/T is announced in March or whenever it is announced. Just enjoy the cars. If you can, keep them till the time they become classics and start appreciating in value - 20-30 years from now maybe who knows. I know I want to hold on to my 458 for a very long time. 15,000 miles in 15 months though, probably taken a £70k hit on the car, but god have I loved each and every mile! I won't be going for the 458M, but I am hoping for hybrid tech to make its way into the all new 458M replacement. In the meantime, I think I will add some classic F cars to the collection. Enjoy the cars guys.
@dr.sb I have quite opposite impression. In last decade Ferrari cars are insanely reliable for so high-revving machines and maintenance became very affordable (from 2012 it is free for 7 yr period), so people even use their cars on daily basis. Ferrari 458 and California are so well made that most people don't want to keep them as garage queens - they want to experience them to the fullest because they are not afraid that engine will break after few thousand miles. Same trend is visible with F12 and especially with FF since it is very versatile car. Ferrari owners that I know are aware of depreciation, and most of them are trying to drive their cars as much as possible, since you are paying depreciation every single day and if you don't experience product that you paid for, you are losing 2x times - financially and emotionally. I assume older folks are mostly worried for depreciation because they remember old times when Ferrari`s (they were all rare) on sale had maximum 2,000 miles and buyers appreciated that. Nowadays buyers appreciate reliability of car and warranty conditions because they are aiming to drive those cars too! P.S. Wait for hybrid V8 models and you will see that people will drive them even more because fuel consumption will be ridiculously low.
Seems like we share the same view? Did not quite understand your post maybe. I agree with you regarding driving cars hence I have driven my 458 15,000 miles in 15 months. Best Sunny
How about 2014 Bianco Italia (special color they say) with less than 1000 miles for $280k? What would be a good price to offer for it? Is it time to buy 458s yet? Just wanna know other enthusiast's take.
