2016 488 GTB - What can I sell this for? | FerrariChat

2016 488 GTB - What can I sell this for?

Discussion in '458 Italia/488/F8' started by RaceMX-M3, Oct 18, 2018.

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  1. RaceMX-M3

    RaceMX-M3 Formula Junior
    Owner Silver Subscribed

    Dec 15, 2010
    527
    Frisco, TX
    Full Name:
    Scott
    #1 RaceMX-M3, Oct 18, 2018
    I have a business opportunity and need to free up some cash. Just curious what I can sell my 488 for.

    2016 488 GTB - Original MSRP $360k
    9k miles
    Rosso Corsa Metallic
    Car has every carbon fiber option Ferrari offers
    Still under factory warranty
    Mint Condition
    Added factory auto dimming rear view mirror
    Installed Escort MAX Ci 360 Radar/Laser System

    TIA for input.

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  2. IPO1

    IPO1 F1 Rookie

    Dec 23, 2015
    3,575
    #2 IPO1, Oct 18, 2018
    Last edited: Oct 18, 2018
    Well, here's 2016, 9k for $238. Don't try and compare apples for apples. All the CF is .10 on the dollar at best.

    Go ask your dealer what they will pay (probably will only take it on consignment).
    Wholesale you are probably $220.

    GLWS


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  3. SoCal to az

    SoCal to az F1 World Champ
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    #3 SoCal to az, Oct 18, 2018
    I have a similar spec. 340k MSRP. 4K miles. Was offered 240k by my dealer. Private party I think you can get 280ish. Maybe....
     
  4. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    952
    #4 boobernackle, Oct 18, 2018
    Last edited: Oct 18, 2018
    Lord Almighty how are you all getting your MSRP that high, ON A GTB?????? No wonder you all are getting hosed.
     
  5. Lennox

    Lennox Rookie

    Oct 18, 2018
    8
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    #5 Lennox, Oct 18, 2018
    Mileage dictates price more than anything on Ferraris. Options might help move the car quicker but it won't net you too much $ over. The price between 2k miles vs 9k miles is quite big. I would say judging by the car at iLusso and Ferrari of Austin I would say you're at 230k private and probably 215-220k wholesale. My buddy just picked up a car with 10k miles and pretty great options for $225k private sale.
     
  6. sfcorsa1

    sfcorsa1 Rookie

    Aug 31, 2017
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    #6 sfcorsa1, Oct 18, 2018
    There is no way they would give you 280k that’s a crazy number. My buddy bought one private party with 8k miles and a very high spec car, red on black for $230k and that was over the summer when the prices were hot.

    Btw Ferrari of Newport has a really nicely specced 2016 with 2k mikes for 260k.

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  7. SoCal to az

    SoCal to az F1 World Champ
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    Nov 25, 2012
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    #7 SoCal to az, Oct 18, 2018
    I didn’t pay 339k. That was the MSRP. :)
     
  8. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    952
    #8 boobernackle, Oct 19, 2018
    Well somebody ordered that car with that crazy MSRP, these cars with metallic/triple layer color options and CF just make resale tank.
     
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  9. rocketman

    rocketman Formula 3

    Oct 1, 2009
    1,487
    NY & Miami
    #9 rocketman, Oct 19, 2018
    Carbon Fiber is a dealers best friend :eek:
     
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  10. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    952
    #10 boobernackle, Oct 19, 2018
    The only CF related option on a car should be the LED wheel, everything else is a buyer's worst enemy.
     
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  11. graphicdisorder

    graphicdisorder Formula Junior

    Jan 11, 2015
    410
    Johnson City, TN
    #11 graphicdisorder, Oct 19, 2018
    Killer car though, love the look.
     
  12. Viperjoe

    Viperjoe F1 Rookie
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    May 20, 2016
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    #12 Viperjoe, Oct 19, 2018
    I am likewise in favor of the LED steering wheel, but fully wrapped in leather (no CF). IMO, The only must have CF would be the racing seats.


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  13. benny11_85308

    benny11_85308 Karting

    Dec 12, 2016
    139
    #13 benny11_85308, Oct 19, 2018
    All the CF options are great for the next buyer. I just picked up at 345k car with every CF option for 223k

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  14. Dontbethatguy

    Dontbethatguy Karting

    Nov 25, 2017
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    ATX
    #14 Dontbethatguy, Oct 19, 2018
    FYI, the one at Ferrari of Austin has a wreck on the Carfax per one of the sales guys. They dropped the price to try and get it gone.

     
  15. jm2

    jm2 F1 World Champ
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    #15 jm2, Oct 20, 2018
  16. buddyg

    buddyg F1 Veteran
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    #16 buddyg, Oct 20, 2018
    Might hurt resale but I love the look of carbon so I have a ton!
     

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