Hi all, Trying to get a handle on what my 2019 488 Spider is worth in the current market. Its Rosso Corsa/Crema with 4,100 miles Just looking for a ball park figure. Thanks
Take it to a dealer and see what they will give you. Look on autotrader and see what similar specs are going for. The market is crazy right now so perfect time to sell. What it’s worth today may be completely different in 2 months. It certainly was worth less 6 months ago as everything has increased.
Sold my 2019 Spider,white w/black roof.2k and a garage queen for 297k in April and that's before this mad pricing took over. So, thinking you'd easily get 300k-315k -IMO.
Assuming a average spec, nothing crazy color wise, clean carfax, clear title, pristine condition, etc. $307,500 - $315,000 (minus consignment charges if applicable). I sold my mint 2018 GTB (6400 miles) which met all of the above criteria for $275,000. Strike while the irons are hot; the current bull market won't last forever!
Open data point 309K. https://www.symbolcarsinc.com/auto/used-2018-ferrari-488-spider-houston-tx/58278109/ FD, certified whatever that means and one year older. Asking price.. Yes asking price.
my 18 488 gtb 6800 miles mint car took sometime to sell,market has slowed down,3 months ago was diffrent story
I would disagree. The market is still on fire and Out of control. Take a look at pricing on BAT over the last few weeks. It boggles the mind and doesn’t make much sense but it is what it is. The bubble has to burst at some time.
As a dealer I can tell you that many customers who have cars on order and have extended their leases while waiting for new vehicles have now been told that they can no longer extend ---reason being that the banks want those off lease vehicles so they can send to auction offer to dealers and get MSRP because the chip shortage and demand is still pretty brisk.
When do you anticipate market conditions to revert back to some type of normalcy? Or is this the new normal? Sent from my iPhone using FerrariChat
My thinking is that when this production shortfall --- caused by unusually high demand post covid from people opting out of car pooling, Ubers,trains,subways and rentals bought vehicles, and the chip shortage subsides the manufacturers will ramp up production and as they're prone to do will will resume incentives and rebates and consequently make used cars less affordable in comparison to new cars. Then prices should normalize. Guessing--4qtr. 2021.