458 pricing, up or down?

ok, that makes sense, I thought 20-30k down works too.. hopefully they hold up now that 10 years have gone by.

 

Hey Rex,

What type of wheels you have on there?

 

LOL, agreed on the wagon!

Thanks and here's the Interior
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Sargepug,

My rims are from the official “Ferrari Collection” accessory catalogue and are made by Oz Racing, IIRC.

They cost $20,000 with the Ferrari Titanium lug bolts, not including installation fees.

The Titanium Cavallino inserts for each rim are an additional cost. Please accept my apologies, as I cannot recall the cost for the Cavallino inserts. The rims remind me of a spiders legs…

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Cheers!

 

Am I the only one to remember 10-15k mile examples with carbon buckets going for 160-175k pre Covid?

If you’ve followed the market at all, you’d know prices have fallen, even on well spec’d examples. I’d expect prices to drop another 15-20k across the board on these.

 

Pre-COVID pricing will not return

 

No it won’t, but prices continuing to fall, another 15-20k, would show the market correction Im talking about. I think 185-205k will be the new range for a well spec’d, mid mileage coupe.

 

Moral of the story: Buy one and enjoy it! Life is too short and we don't know when our time will come. Enjoy what you have and share the experience with others.

 

Bought my Italia in July 2020. Giallo Tristrato, Racing seats, all interior carbon bits except doors, carbon winglets, leather/alcantara interior with matching deviated stitching in yellow against black. 22k miles. Runs fantastic, no maintenance issues in three years. Does have stickies though. Bought to enjoy, just lucky on timing. Had to be patient to find this build with Triple Coat Yellow though. Special car. First Ferrari

 

i agree with you but as of today bat sold one with seats from another model ferrari and still got 250 k and 2 wars going on market is still strong especially with current situations

 

100% Spider legs, was thinking same. WOW on the pricing, but they are beauties, cheers.

 

Maybe Hagerty is seeing something in the market....

https://www.hagerty.com/media/market-trends/hagerty-insider/whats-giving-the-ferrari-458-a-leg-up-as-a-collectible/

 

Nuff said!

 

I just cleared out my garage ( pretty much) to finally put myself in position to get a 458. I’ve been dreaming and contemplating doing it for years. I was looking hard pre covid and then that hit and I put the brakes on it not knowing what was coming. Of course prices ran away but that helped me on the selling side so it was kind of a wash. I think prices are going down on 458s. My plan was to sell my cars and wait for winter and prices to come down more but end of day I couldn’t wait and pulled the trigger on a 2011 458 with 13,000 miles. It’s an amazing car and I’m loving it. I don’t care if they go down. My plan is to hopefully keep it for a while so dips in price wont matter. It will either come back around or what ever it ends up going down is just cost of enjoyment and money well spent.

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Great article! I Iove reading anything that feeds my confirmation bias


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May I ask what you paid? Since we are talking market changes and all. Beautiful car! Congrats!


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“The collector market broadly—and this certainly applies to Ferrari collectors—responds to a sense of loss,” Tam-Scott continues. “And, I think there is a sense of loss around naturally aspirated flat-plane V-8s, because they are so singular and it’s one of the defining characteristics of a particular genre of Ferrari experience.”

Amen.

 

I don't know how much value I place on Bring A Trailer auctions as an accurate indicator of market trends, but there are several current and recent low mileage, decent spec 458 coupes selling for 250K and spiders for over 275K.

 

Nice article buy they didn't mention perhaps most important part of all: Last Pininfarina-designed Ferrari V8 car!

 

Are those "ask" prices or actual "sold" prices?

A seller or dealer can ask for whatever they want, but actual selling prices would be more informative, which is what BAT provides (as imperfect a market as that may be).

 

488 Wasn't a Pininfarina car? I thought it was this whole time.

 

The 458 and the F12 are the last Pininfarina designs

Look on any 488 - the Pininfarina badge is missing

 

Sold prices

 

How can you have an asking price in an auction?

 

You should place a lot of value on it. Ultimately it is the most accurate indicator for market price