488 Pista Values | Page 36 | FerrariChat

488 Pista Values

Discussion in '458 Italia/488/F8' started by customryder, Nov 29, 2019.

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  1. Gh21631

    Gh21631 F1 Veteran
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    Tons of Pistas built but that should not diminish how great of a car it is. Dont worry about the number made, enjoy your car.
     
  2. 05F430F1

    05F430F1 F1 Rookie
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    #877 05F430F1, May 28, 2023
    Last edited: May 28, 2023
    The F8 Tributo IS more rare than Pista… there are less of them ..:. and Covid wasn’t the ‘reason’- they did it on purpose. And it makes sense being that it’s the last. I also agree with the 6000 Pista cars built but I think the 3500 is the NA number




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  3. Gh21631

    Gh21631 F1 Veteran
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    Doubt it, they are still making F8s and anyone could order one off the street. No history required and nothing special. Just a stop gap to the hybrids. Beautiful cars as well.
     
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  4. 05F430F1

    05F430F1 F1 Rookie
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    They’re not making any more Tributos (coupes)- haven’t since last year— just some spiders for 23.


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  5. Gh21631

    Gh21631 F1 Veteran
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    #880 Gh21631, May 28, 2023
    Last edited: May 28, 2023
    Yes but the model is still in production. Between the coupes and spiders there are a ton of cars out there relatively speaking. I am not sure why anyone really cares though, these aren't collector cars, just regular production Ferraris.
     
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  6. mkraft3003

    mkraft3003 Formula 3
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    #881 mkraft3003, May 28, 2023
    Last edited: May 28, 2023
    Todd, I know you want to believe that your F8 is rare but I’ve shown you the numbers in another thread. There are tons of them and more than the Pista. The last Coupé was delivered earlier this year but spiders are still being made. In fact one user just had his start production last week. They had all time high production numbers the last 4 years and the F8 was the majority of that. Again, just look how many are for sale. This is coming for someone that owns a F8 spider and although I wish it was rare the bottom line is it is a common regular production Ferrari.
     
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  7. 05F430F1

    05F430F1 F1 Rookie
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    #882 05F430F1, May 28, 2023
    Last edited: May 28, 2023
    Actually I couldn’t care less about me owning one etc… or if it goes up or down or stays the same…. I also don’t believe the number of cars produced is the only or even main factor in value long term…. from all I’ve gathered, it is just my conclusion that the number of F8’s is FAR less than what people have assumed and the number of Pistas is FAR more than assumed…. They produced many cars in 21 and 22, very little in 20 and little in 23. But the total I’m finding comes to less than Pistas…. Even if that is correct and there are more Pistas than F8’s, the Pista will still hold value better and longer so that proves my point above…. Maybe one day we’ll see who is more accurate. Maybe not.

    Regardless of the production numbers which I again, FIRMLY believe to be much lower for F8 than many think, I believe both the Pista and the F8 will be very sought after in the years to come…very.

    And by the way, EVERY SINGLE FERRARI EVER MADE is rare. Every one. People have lost perspective of what rare means. And by comparison, which everything in the world is, they are one of the rarest cars in the world. More plentiful than some but rarer than most.

    They made way less 360’s than 430’s, 458’s, 488’s etc— why aren’t they more expensive? Exactly… because production numbers are NOT the defining reason for value.

    Are there less F8’s than 458’s, yes. Less than 488’s, yes, less than 430’s. ?…. Etc etc… not the point though. Are there less F8’s than Pistas? I think it’s reallly close but I believe so. Especially coupe to coupe… I do think there are more F8 spiders than Pista spiders though.

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  8. Gh21631

    Gh21631 F1 Veteran
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    Supply and demand. There are many for sale, more than there are buyers.
     
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  9. 05F430F1

    05F430F1 F1 Rookie
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    For the moment yes. It’s the market. In my dealership, I have more accords, sonatas and every other dumb car than I have buyers for. That’s an across the board statement due to this f’ed up country/world at the moment. People are scared and of course, rates suck too so— ALL cars are more in supply than demand


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  10. mkraft3003

    mkraft3003 Formula 3
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    Most of your comments in various threads paint a different picture. It appears you really do care because you own one and spend lots of time detailing it. There is absolutely nothing wrong with that but the reality is The productions numbers don’t lie. You can choose to ignore them but they have produced a record number of cars in the last few years and the F8 is the majority of those.

    My prediction is post Covid we will be back to normal and F8 coupe will be 40-60k less than msrp and spiders will be a little lower than that. The supply will keep increasing as time goes on.
     
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  11. Gh21631

    Gh21631 F1 Veteran
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    I agree with this. I do think once the prices drop they will start to move and then fewer available so prices will be more steady but these aren't Speciale's or TDFs, etc.
     
  12. mkraft3003

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    Todd, speaking of rare, we need to put Mclaren, Aston Martin, Lamborghini, and every car that they produce low volumes in that category. That doesn’t make them unique or valuable. My old Mercedes S550 coupe had production volume of less than 1500 worldwide. That car was much more rare than a Ferrari, but who cares. It was worth 50% of the value and was a car they had problems finding buyers for.
     
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  13. 05F430F1

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    #888 05F430F1, May 28, 2023
    Last edited: May 28, 2023
    Again, I completely agree they aren’t ‘special’ … all I’m saying that is different than some of you is that the assumption of the amount of F8’s as a % of total car production the last couple years is off… I’ve been told it’s less and other research tells me it’s less… even if there are 10k+ F8’s for all years (which I don’t think there are)… that’s still very limited to me and rare. But as I said, I don’t think that’s a determining factor in how they appreciate or depreciate once this market straightens out… it’ll the actual car, style, engineering, engine, etc that creates the desire/demand….. so, as the F8 ends and the hybrids flow, and while this market is f’ed, yes, they’ll decrease and decrease….. BUT THEN, in about 1.5-years, they will rebound significantly imho…. My prediction is we will look back in 2 years and say “sh*t I shoulda bought an F8 back in the end of 2023.”

    And yes, mkraft,, I DO LOVE my car and detail the F out of it always and hope it’s worth a zillion dollars one day but it won’t be and it’s ok, I’m a realist… all I care is that I get to enjoy it for as many years as I can keep it.

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  14. Hmmm, most of those numbers are not accurate.

    And, for goodness sake, how in the wold would a random dealer in the US know the worldwide production numbers for all Ferrari models?

    Just say that out loud to yourself and you'll realize how silly it is.
     
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  15. 05F430F1

    05F430F1 F1 Rookie
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    I agree— no one knows… but I’ve searched other numbers and other places and spoken with dealers as well and yes, some of the model numbers seem off but most are in line with other places and things I’ve searched… but who the hell knows… they’re all probably pretty close within 500-1000 cars —

    None of it is that important anyway—- production number is only important to appreciation and depreciation when it’s a 1 off car or something that is 500 or less…. Otherwise, it’s only a piece of the equation.

    Would be nice to actually know though. But we never will


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  16. MichaelP88

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    Nope, wrong again. I ordered one that I received in 2019…have had it 3 years and have driven it thousands of miles…
     
  17. Pastaboy1980

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    I put 4000 miles on my F8 in 5 months i am addicted to driving the car! I need a house with bigger garage!
     
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  18. ACSATCO

    ACSATCO Formula Junior

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    lold on this one
     
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  19. 05F430F1

    05F430F1 F1 Rookie
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    Ya it was a heavy crack day. I was lol’ing too. I’m looking for different drug options now.


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  20. ACSATCO

    ACSATCO Formula Junior

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    Crack is whack!
     
  21. ACSATCO

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  22. 05F430F1

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  23. amenasce

    amenasce Three Time F1 World Champ
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    Not sure how he thinks this car would be a $750k car with a clean title. I think the highest i have seen a Pista sell for was around $600k and it was a low low miles car. This is a $550k car at most with a clean title and 2k miles. Sub $400k with rebuilt title.
     
  24. ACSATCO

    ACSATCO Formula Junior

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    Disagree. I know several coupes that have transacted well into the 6’s in the last year. If a pista is a rare spec, cool color, low miles, and high msrp then they do end up over 600. But agree 750 is not reality. He’s just trying to maximize his #.
     
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  25. 05F430F1

    05F430F1 F1 Rookie
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    This one was a $547 MSRP—- all that green carbon and special colors (not pretty imo) blew up the price— so he’s lookin for 100 below sticker for rebuilt—


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