488 - Help price this 488 spider | FerrariChat

488 Help price this 488 spider

Discussion in '458 Italia/488/F8' started by schwoo, Sep 3, 2020.

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  1. schwoo

    schwoo Formula Junior

    Jun 22, 2013
    845
    Florida
    Full Name:
    Marquette
    I’m interested in this 488 Spider 308 miles, what would be a good first offer? They are asking $288,000. I’ve not been following the 488 market, Thanks in advance. Image Unavailable, Please Login


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  2. Xrayv8

    Xrayv8 Formula Junior
    Silver Subscribed

    Sep 18, 2004
    897
    New Jersey
    Full Name:
    Xray
    You should tell us the year of this 488 and how many miles on it. Typically they like to make $10K+ on the used car. So since they are "asking" close to 12% off from MSRP, I would offer $260 (which is 20% from sticker) with a max offer at 270 and they should take it since the market is flooded with 488s. I suspect they only paid around $265K. I trade my 2016 spider with 4K miles in 2018 with a similar sticker of $325 for $285 and it sold for $295K on the dot.

    Just my $0.02
     
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  3. Condor Man

    Condor Man F1 Rookie
    Rossa Subscribed

    Sep 8, 2006
    4,843
    Los Angeles
    $250k would be a great price to pay.
     
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  4. schwoo

    schwoo Formula Junior

    Jun 22, 2013
    845
    Florida
    Full Name:
    Marquette
    It’s 2018 with only 308 miles. Thanks so much for the advice!


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  5. gobble

    gobble Formula 3
    Owner Regional Sponsor

    Jan 29, 2010
    1,646
    Milwaukee, WI
    Full Name:
    Ferrarifobs.com
    What color? I'd expect the price for something like a red one to be stronger than a black one, for example.
     
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  6. schwoo

    schwoo Formula Junior

    Jun 22, 2013
    845
    Florida
    Full Name:
    Marquette
    Yes, it’s Rosso Scuderi


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  7. mustangtornado

    Dec 19, 2014
    24
    Dallas, TX
    Full Name:
    Jay
    good options especially with the goldrakes, 275-280k very fair
     
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  8. gmo28

    gmo28 Rookie

    Apr 14, 2019
    49
    Actually I think it may work counter to that. With red being more common, it might be faster to sell, but a less common color, where a buyer only wanted that specific color, might command a higher price since there is less availability, but may take longer to sell. Of course, assuming the color choice isnt atrocious.
     
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  9. wrs

    wrs F1 World Champ
    Owner Rossa Subscribed

    Jul 11, 2015
    11,915
    Lakeway, Texas
    Full Name:
    William
    Mine was a 2018 $320k spec with decent options and 4500 miles. They gave me $250k in trade and asked $260k for it, they sold it in less than a month.
     
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