458 458 appreciating value thread

I think if you are expecting 12-15% per year in value appreciation, you will be disappointed.

As the Dodge example above shows, this period in time is not normal. World B Crazy

Enjoy the driving experience of a 458 Italia, it is a great Ferrari. But I don't think it will hit those return goals (buy S&P Index Fund), nor will it reach collector status, they made a bunch of them.

 

Great chart.

Do you have one for the F8?

 

Do you have a chart and the numbers pre-Covid? It has been the last N/A car for a while now. You can use your same time frame and chart for a Honda Accord and the numbers may be very similar. Post Covid is not a good gauge for the future of any car as this has been a once in a lifetime event and most cars will probably return to their normal appreciation/depreciation.

 

Look at those curves when the recession hits.

Regardless I say so what ? If you have a 458 and are happy with it so what if the value goes up 100% . What you gonna do ? Sell the car and what ? You no longer have that beloved car.

If your upgrading to a new Ferrari well thats a different story. I would be correct with my conclusion you are happy with your 458 and think its the best by your comment on the 488 GTB.

Frankly again so what ? I laugh when a VW 4 pot makes a 458 look like its going backwards.

So congratulations on your 458 spider, hopefully you bought it new back in 2013 and enjoy her to the full.

 

Of course he doesn't as it doesn't fit his narrative.

 

There are 2.17 times as many USD in American bank accounts since June 1st, 2012. 458 prices have not kept up with monetary inflation.

Can I imagine the value in twenty years? Probably still won't keep up with how quickly money and credit is created.

 

I don't understand all threads with 458 owners commenting on values of their cars. have not seen any other forums or even owners of other Ferrari specific models beeing that obsessed with their value of the car (seems like wishfull thinking almost).
I also own a 458, on my second one actually, but it's not an investment neither a collectors item, too many of them made, as collector item I have a better car for long term investment and it's not a 458.

 

Lol
Thats the real dilemma
Your car goes up but you love it so its meaningless

 

So here is the pre-Covid graph of the 458. From 2017-2021 it was still the last N/A car. If the standard for collector car status is appreciating 12-15%, I guess a Kia Forte needs to be on the list. My point, as I stated above is you can’t look at Covid numbers. With that being said the 458 is an incredible car. I miss my 458 Spider, just for the scream of the exhaust. I do not miss the stickies or the performance but nothing will ever replace that sound. Image Unavailable, Please Login Image Unavailable, Please Login

 

Fchat now competing with Rennlist for sheer quantity of value threads.

 

At least they haven’t started another 458 sounds better thread.

 

But the new cars have GPF and I won't drive it out of sheer protest. LOL

 

But the opposite is also true. Things go up, things go down, but the prices of Ferraris, particularly 458’s have gone up. Perhaps it’s not as sound a conventional investment as stocks, but it’s hard to argue it’s been a good investment over the last two years, and stocks are certainly taking their day in the ****storm now. And there are plenty of pretty compelling analyses of 458 values continuing to go up that at least it’s a strong possibility that they’ll perform stocks in 2022.

And finally, it’s a hell of a car. Yes, it sounds way better than a 488 or an F8 and you can’t really use the extra speed unless you’re on a track. And yes my other car is an 812, so I know that more modern cars are faster.

 

Well, it does lol!

 

OH Brother

 

I have a feeling that the car is new to him. Well before these increases. Maybe he needs some sort of gratification that he made a good choice ?

 

Bull trap


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So I’ll buck convention here and announce I’m one of the few who’s car has depreciated in value. 20 track days and 37,000 hard miles do take its toll after all. Any takers? Hey, it still sounds great .

And when I’m done with this one, I’ll start on the poor STO or the F8 next. It won’t be pretty…….

Extra torque and speed in a a 458? Haven’t found either of them on the tracks I’ve been on. We’re running most of the Tricky Triangle at Pocono, and those sweeping, banked turns allow you to ring it out to just under 160, which is fast enough in a street car.

Here’s @FerrariCognoscenti at Pocono with the 458 before the start of the FCA event……..
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We know.

 

I used to own a 458 and loved the car. That said, this is funny. Never gets old.

 

Truth be told , I owned one for 3 years too. Lol

 

they are new to the brand and having fun
give them some slack