What's with 488 prices? | FerrariChat

What's with 488 prices?

Discussion in '458 Italia/488/F8' started by whodatmofo, Jan 27, 2017.

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  1. whodatmofo

    whodatmofo Rookie

    Jan 25, 2017
    2
  2. whodatmofo

    whodatmofo Rookie

    Jan 25, 2017
    2
  3. SoCal to az

    SoCal to az F1 World Champ
    Silver Subscribed

    Nov 25, 2012
    15,049
    Arizona
    you wont get a car at 245k. It will have upgrades. A bare bones spec will run you 280-290k. A well equipped- 310k. Very nicely equipped - 330k+
     
  4. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    105,328
    Vegas baby
    Completely agree. It's a game.

    I'm not knocking the 488 but it seems to have lost it's "used prices over MSRP" value faster than the 458. Then again, the 458 was a clean sheet design over the F430.

    Maybe the spider will hold its value longer but he coupes seemed to have fallen pretty fast.
     
  5. DK308

    DK308 F1 Rookie

    Aug 13, 2013
    2,738
    Europe, way north.
    Full Name:
    AB
    I'm not in the US, but from what I understand most are specced with an MSRP of about 300-320k usd.

    I think the base MSRP is about 250k, but no matter what, I've never heard of ANY V8 Ferrari that left the factory without any options.

    If you want to get either a Huracan or 458, get the 458. Much nicer car on all fronts.
     
  6. LCW

    LCW Karting

    Dec 29, 2016
    94
    South Florida
    From my observation, most 488s for sale (used) in the US are asking between MSRP and MSRP+10%
     
  7. Randyslovis

    Randyslovis Formula Junior

    Jul 7, 2011
    897
    Atlanta, GA
    Full Name:
    Randall J Slovis
    Did you notice the length of time those cars are on the site?
    Without knowing the MSRP of each car, hard to say what mark up they are asking for.
    Remember, the seller of the car got much less than the ask listed.
    Net, I think the real premium for coupes is gone.
    Best
     
  8. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,495
    There are also more choices than when the 458 came out. When the 458 came out there wasn't even the 12C. Now there are several McLaren's that someone might cross shop. The Lambo is also improved. And as mentioned, while the 458 was a huge step forward from the 430, the 488 isn't quite that big a leap from the 458.
     
  9. clockem

    clockem Formula 3

    May 18, 2009
    1,141
    Chicago
    Full Name:
    Gary
    If anyone (US) is looking for a new 2017 488 spider in Blue Corsa and racing seats, send me a PM.
     
  10. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    105,328
    Vegas baby
    #10 TheMayor, Jan 31, 2017
    Last edited: Jan 31, 2017
    That's true. Which means that most are probably selling for less than MSRP right now.

    It's really a question of waiting times. If there's a 2 year wait then people will pay over for one. Anything less and the incentive to overpay is less and less. Ferrari of course adjusts this with dealer quotas but they still need to make and sell cars to keep the doors open.

    BUT -- you have to decouple coupes and spiders. They are apples and oranges. A lot of early adopters of coupes traded them in for spiders which puts waiting lists for spiders longer and more used coupes on the market earlier.

    I'm not sure you can read that much into such a small market.

    Ferrari's bread and butter are 8 cylinder cars. Any softening in the market will force them to sell alternatives or upgraded versions, which is good for all of us.
     
  11. 100badboy100

    100badboy100 Formula Junior
    Owner

    Sep 15, 2016
    825
    Devon- U.K.
    Full Name:
    Michael
    Hi same story here in. The UK.

    The 488prices are very strong and little to nothing at or below list price, demand is still very strong here.

    Regards

    Michael
     
  12. colonels

    colonels Formula Junior

    Aug 5, 2011
    870
    i will eventually go for a 488 GTB when prices come down in 1 year or so

    for now i tried the Mclaren 570 series after having the 458 spider and huracan spyder and AMG GTS, just something else to consider besides the big 2!
     
  13. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    105,328
    Vegas baby
    The problem with the Mac is still their small dealer network. Great for some... lousy for others.
     
  14. dustman

    dustman F1 World Champ
    Rossa Subscribed

    Jun 12, 2007
    11,215
    +1
     
  15. deeej84

    deeej84 Karting

    Jun 9, 2013
    64
    Sylvan Lake, Alberta
    Full Name:
    Dustin Johnston
    #15 deeej84, Feb 1, 2017
    Last edited: Feb 1, 2017
    I'd be very, very worried about 488 flippers with the impending 720s's. Heck, even though I'm a Ferrari owner I'd be worried about McLaren's near future lineup. The near future looks very exciting! Let's hope the 488 version of the speciale is something very special indeed!
     
  16. FerrariPaula

    FerrariPaula Karting

    Nov 26, 2016
    135
    Redmond, WA USA
    smaller dealer network is a factor for me too.

    clockem, i'm not really in the market for an additional car but would love to see a picture of that 2017 blue 488 if you care to share (something like that could be in my future).
     
  17. clockem

    clockem Formula 3

    May 18, 2009
    1,141
    Chicago
    Full Name:
    Gary
  18. p1968

    p1968 Rookie
    BANNED

    Jun 5, 2016
    29
    My love and interest in the 488 is because the car is stunning in both design and performance. Whether or not the secondary market is cooling slightly or not isn't a concern of mine.
     
  19. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,495
    Thats a good approach! Clockem 488= very nice! Love Blu Corsa!
     
  20. p1968

    p1968 Rookie
    BANNED

    Jun 5, 2016
    29
    Gorgeous color, Gary. Is that Blu Elettrico?
     
  21. Snewton94024

    Snewton94024 Formula Junior

    Apr 24, 2015
    564
    Silicon Valley
    Full Name:
    Steve Newton
    Stunning!
    This would be my spec too.
    Wish I was ready to move from my Cali T.
     
  22. WillF

    WillF Karting

    Dec 2, 2016
    69
    Bay Area, California
    Full Name:
    Will
    WOW that interior is gorgeous! Love those seats with the center stripe too. Damn gorgeous!
     
  23. Fabspeed Motorsport

    Sponsor

    Feb 5, 2009
    3,122
    Fort Washington, PA
    Full Name:
    John S
    Wow, that spec is unreal Gary.
     

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