Speciale Market | Page 19 | FerrariChat

Speciale Market

Discussion in '458 Italia/488/F8' started by DM1, Jan 21, 2018.

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  1. Dansage

    Dansage Karting

    May 20, 2012
    230
    Nope a dodge dealer in texas bought it.
     
  2. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,587
    SoCal
    Full Name:
    Edward
    Interesting how did that dealer come upon your car. Seems decent sale for you considering from a dealer.


    Sent from my 16M
     
    of2worlds likes this.
  3. LVP488

    LVP488 F1 Rookie

    Jan 21, 2017
    4,876
    France
    What I note is that a real sale indicates that a Speciale now sells for (slightly) less than MSRP.
    It's still a very good result for a 4-year old car (meaning that ownership for 4 years has been more or less free for 4 years, something exceeptional for a car), but nowhere near the claims that a special edition Ferrari would make the lucky buyer rich.
     
    Mbutner likes this.
  4. Eilig

    Eilig F1 Rookie
    Rossa Subscribed

    Aug 31, 2001
    3,500
    Full Name:
    Cavallo
    Inaccurate generalization. Depends on miles and spec. There was a 600 mile 2015 Speciale with $353k MSRP that sold for $395k last month. There are other notable examples of low-mile, well-spec'd Speciales that have sold in recent months for $30-$40k over MSRP. It is the undesirable spec and/or higher mile examples that tend to wallow on the market.
     
  5. F12JAJ

    F12JAJ Formula Junior

    Apr 24, 2016
    523
    California
    Full Name:
    Jerry
    Agree 100% based on my own research of the Speciale and recent purchase of one myself.


    Sent from my iPhone using Tapatalk
     
    09Scuderia likes this.
  6. Solid State

    Solid State F1 Veteran
    Owner Rossa Subscribed

    Feb 4, 2014
    9,652
    Full Name:
    Maximus Decimus Meridius
    What is the 'higher mile' range you are referring to? Is it over 5K?
     
  7. noone1

    noone1 F1 Rookie
    BANNED

    Jan 21, 2008
    4,612
    Los Angeles
    Full Name:
    Mike
    #457 noone1, Dec 15, 2018
    Last edited: Dec 15, 2018
    To be fair, that 600 mile car would be a lot cheaper if you even remotely tried to enjoy it and use it.

    Low mileage cars that sell at high prices are meaningless because they can't be driven while retaining that value.
     
  8. F12JAJ

    F12JAJ Formula Junior

    Apr 24, 2016
    523
    California
    Full Name:
    Jerry
    In my opinion any Speciale with over 5k miles does take a hit.


    Sent from my iPhone using Tapatalk
     
  9. F12JAJ

    F12JAJ Formula Junior

    Apr 24, 2016
    523
    California
    Full Name:
    Jerry
    In my opinion any Speciale with over 5k miles does take a hit.


    Sent from my iPhone using Tapatalk
     
  10. crazedboutcars

    crazedboutcars Karting

    Dec 14, 2018
    78
    Dubai, U.A.E.
    Full Name:
    Madhav Kanchan
    Agree with others that speciale prices will hold well depends on how much you drive it. In Dubai, U.A.E. we are getting here from USD 300-350k low kms like 5k. And the fact that it is the last naturally aspirated engine special series before being replaced by turbo engines... The problem with Pista or all turbo engines for that matter is in the long run they will not hold their value because turbo engines don't have a limit you can keep upgrading them for more power and torque while in naturally aspirated engines there is a limit.
     
    Caeruleus11 and F12JAJ like this.
  11. crazedboutcars

    crazedboutcars Karting

    Dec 14, 2018
    78
    Dubai, U.A.E.
    Full Name:
    Madhav Kanchan
    here to it depends on the mileage on your car... I hate these so called flippers that buy the cars just to sit in the garage... these cars are meant to be driven and enjoyed.
     
    F12JAJ likes this.
  12. LVP488

    LVP488 F1 Rookie

    Jan 21, 2017
    4,876
    France
    Exactly - and IMHO the owner gets a better value by driving a few thousands miles and losing $20K when he sells his car than by locking $350K in a car he can't use to get a $40K benefit after four years.
     
    Mbutner likes this.
  13. sunyatsen

    sunyatsen Rookie

    Oct 5, 2018
    18
    Full Name:
    Steven Chao
    Do you know what the MSRP was?
     
  14. saraojo

    saraojo Formula 3

    Mar 9, 2015
    1,275
    Northeast
    Not exactly but it was low specd. Minimal cf.
     
  15. F12JAJ

    F12JAJ Formula Junior

    Apr 24, 2016
    523
    California
    Full Name:
    Jerry
    Then it sounds like he paid about $10k over MSRP. Rosso Corsa with NART is also probably the most popular color combo in the Speciale.


    Sent from my iPhone using Tapatalk
     
  16. obbob

    obbob Formula Junior

    Aug 14, 2017
    774
    Lot of Speciale going up for sale, but seems lots of buyers at the current prices too. Good specs don't sit very long, and overall number of listings has not been increasing despite new cars continuously popping up.

    Lamborghini Dallas just sold a stripeless Rossa Corsa with 3000 miles in just a week. They listed it for $380K, which was about $50k over MSRP. Not sure what they actually sold for.
     
  17. noone1

    noone1 F1 Rookie
    BANNED

    Jan 21, 2008
    4,612
    Los Angeles
    Full Name:
    Mike
    With the SP500 having just given back 17 months of gains, I would not be surprised to see markets soften for all exotics. The markets are looking awfully ugly given US politics, not to mention what a hard Brexit might do.
     
  18. wrs

    wrs F1 World Champ
    Owner Rossa Subscribed

    Jul 11, 2015
    12,125
    Lakeway, Texas
    Full Name:
    William
    Not to turn this into an economic thread but oil has given up 17 months of gains also and that might put a crimp on the budgets from the middle east also.
     
  19. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,587
    SoCal
    Full Name:
    Edward
    My guess is $350-360k.... hope someone can confirm


    Sent from my 16M
     
  20. DM1

    DM1 Formula 3
    Owner Silver Subscribed

    Nov 9, 2006
    1,040
    Southwest
    Full Name:
    DM
    Any updated data on current market
     
  21. Eilig

    Eilig F1 Rookie
    Rossa Subscribed

    Aug 31, 2001
    3,500
    Full Name:
    Cavallo
    Just received an email from my dealer that reads as follows:

    I hope this message finds you well and that your New Year is off to a great start.

    We are currently seeking 458 Italia, 458 Spider, and 458 Speciale models both for inventory and for clients ready to make a purchase. If you'd consider selling or trading your 458 please let us know.

    We have a number of fantastic 488 models available (both listed on our website and unadvertised) as well as some incredible F12 models. Please visit our website to learn more.
     
  22. JTSE30

    JTSE30 F1 Rookie

    Oct 1, 2004
    3,251
    Austin TX
    Just an observation, for past month or so, the number of 812s for sale has been exceeding the number of Speciale's for sale...and, I'm sure at this point there are still more Speciale's in the USA than 812s, so maybe that says something?
     
  23. dustman

    dustman F1 Veteran
    Rossa Subscribed

    Jun 12, 2007
    9,070
    Interesting.

    The two cars are not comparable of course but...

    Speciale Looks > 812 Looks
     
  24. junc

    junc Formula Junior
    Rossa Subscribed

    Aug 2, 2007
    501
    Chicago/Laguna Beach
    Full Name:
    Jun
    That is interesting and reflected in premium to MSRP. I have both and they are wonderful cars with each car having great qualities. Perhaps it is because regular V12s tend to depreciate faster initially than v8s and these people selling maybe trying to get ahead of drop.
     
  25. obbob

    obbob Formula Junior

    Aug 14, 2017
    774
    Brand new cars always explode in number of listings on the used market after 1 year. It seems a large portion supercar owners like to keep their cars for about 1-2 years before moving onto something new.

    I remember in late 2017 there were only 2-4 McLaren 720S for sale in the entire USA. Now there's nearly 100 listings just 1 year later.
     

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