2010 458 purchase advice | FerrariChat

2010 458 purchase advice

Discussion in '458 Italia/488/F8' started by Bill308GTSi, Oct 20, 2021.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    I am looking to purchase a 2010 458 Italia and would appreciate some advice on what gotchas specific to this model to look for. The car has approximately 13,000 miles and is Rosso Corsa with tan interior. The car apparently had a scratch on the side that was repainted by a local exotic car dealer but isn’t noticeable to my untrained eye. All else seems as purchased. Reading the forums, it appears the “sticky” buttons are something to look for. What else should I be looking at particular to this year and model?

    Thank you for your advice!
     
  2. matt lane

    matt lane Rookie

    Jul 17, 2007
    41
    Canada
    Full Name:
    Matthew Lane
    There were some transmission issues with the early cars in particular, hard to know how frequent, but they are an expensive fix. Suggest a good PPI to make sure that the transmission is at least functioning properly and go in with eyes open that it may be an issue in the future. Mine is an '11 with similar mileage, great car, but I am financially and mentally prepared for owning it out of warranty. Also, in terms of stupid stuff, the rotors are shockingly expensive so I'd check to make sure they are smooth and in good shape. Good service history will give you a lot of reassurance.

    Others will chime in, but I don't think there are 458 unique problems (other than the risks above) that can't be checked by thorough inspection.

    Good luck!

    Matt
     
    Jaguar36 and Bill308GTSi like this.
  3. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    Thank you for the heads up on this, Matt! This really helps me know what to look for.

    Bill
     
  4. jc1

    jc1 Formula Junior

    Feb 9, 2021
    267
    Greenville, SC
    Full Name:
    Joey (2012 458 Spider)
    Bill- when I purchased my 2012 I took it to Ferrari in Dallas for the Power Warranty inspection. This is almost as thorough as an independent PPI, and should cover all of your major mechanical parts. Even if you don't opt to purchase the warranty, it should give you peace of mind that Ferrari is willing to give it their stamp of approval. I felt comfortable accessing the paint/ body/ wheels/ tires since that wasn't really part of the PW inspection.

    Prior to purchasing my 2012 458, I had a similar 2013 inspected (Ferrari of Washington in DC) and within 1.5 hours of the inspection the tech called me to tell me it wasn't going to pass (transmission & differential issues). Thankfully he only charged an hour of labor rather than the full inspection cost. Keep in mind that when I drove the 2013 it drove perfect, actually the best driving of the 4-5 I test drove during my search. Don't trust the test drive, get a proper inspection done.

    Best of luck in your search. Take your time and find a good one. You won't regret it.
     
    AD211 likes this.
  5. michaelo

    michaelo Formula Junior
    Silver Subscribed

    Mar 25, 2006
    350
    Tn.
    Full Name:
    Michael O.
     
  6. michaelo

    michaelo Formula Junior
    Silver Subscribed

    Mar 25, 2006
    350
    Tn.
    Full Name:
    Michael O.
    I purchased a 2010 model with 9800 miles on the odometer two years ago. Annual service is what I have performed. Absolutely nothing beyond that. As to the tranny issues, I figure saving 5 grand a year in lieu of an extended power warranty would be available if the transmission decides to have a sensor issue.
    I know that it is the opinion of some on these forums that this issue is pretty exclusive to 2010-2011 model years. However, there have been a few reported failures on later models.
    It seems that excessive heat n the engine bay contributes to this problem. I lift the engine lid after I get the car into the garage after every drive.
    During the summer, I also run a fan into the bay to cool things off. I used a flat varnish to coat my switches and there is absolutely no stickiness. As far as I can tell, the appearance hasn’t been altered. Just the feel.
    I have no plans to sell my car. I will drive it as much as I want. I will spend no time worrying about the transmission, residual value or cost of maintenance. It is a great car meant to be driven and enjoyed. There are many other things in life that cause enough worry.
    This Ferrari will not be one of them.
    Buy the dang car and enjoy it!!!!!
     
    Mikael-F360, Rexcat458 and RoadRonin like this.
  7. FerrariCognoscenti

    FerrariCognoscenti Formula 3

    Jan 19, 2021
    2,429
    East Coast
    Sir
    Can you explain what varnish specifically you use and how you applied it? I would like to do this on my 458.
    Thank you


    Sent from my iPhone using Tapatalk
     
  8. Sargepug

    Sargepug Formula Junior
    Rossa Subscribed

    Mar 23, 2020
    885
    NYC
    You need to simply read the first thread here, which is "Most 458 Discussions". IMO the most vulnerable and costly part of the 458 is the transmission box. First goes the speed sensor, then the rest of the box. I bought my '14 Italia w/ 4,400 on the clock in 3/20 and by 6k on the clock, I had to have the entire box replaced w/ a new one, to the tune of $40k! Fortunately I had the power warranty, so Ferrari covered it all! Unfortunately no PPI can expose a potential failure, unless the idiot light is on and it's not shifting properly.
     
  9. michaelo

    michaelo Formula Junior
    Silver Subscribed

    Mar 25, 2006
    350
    Tn.
    Full Name:
    Michael O.
    SamaN Sam-801-500-ml. Dead Flat Varnish.
    I cleaned the switches with a little diluted alcohol and water.
    Let it dry and then applied one coat at a time on the switches.
    I let the stuff dry for a few hours and repeated many times.
    If you do this, try one little spot on a little used switch and be sure you are OK with the finish.
    The switch will lose its spongy texture but it sure isn't sticky anymore.
    Image Unavailable, Please Login
     
  10. FerrariCognoscenti

    FerrariCognoscenti Formula 3

    Jan 19, 2021
    2,429
    East Coast
    Thank you. How do you apply it? Small paint brush?


    Sent from my iPhone using Tapatalk
     
  11. michaelo

    michaelo Formula Junior
    Silver Subscribed

    Mar 25, 2006
    350
    Tn.
    Full Name:
    Michael O.
    Small paintbrush works. It is a water based product so cleanup is a snap.
     
  12. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    Thank you jc1, I think you saved me from a potential regret. I would think of it drove without concern, I would be led to believe that it was okay. I will definitely talk to my local Ferrari Dealer about doing the Power Warranty inspection!
     
    jc1 likes this.
  13. jagged155

    jagged155 Karting

    Dec 3, 2016
    131
    Scottsdale, Arizona
    Full Name:
    Dan
    What was wrong with the 2013?
     
  14. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    Thank you for the suggestion on the engine compartment cooling. I think that is going to be an easy habit to adopt as a preventative. Are you saying the sensor repair is around $5,000?
     
  15. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    Yikes, that’s a sobering experience! I have been reading the “Most 458 Discussions” thread, but I haven’t gotten through it all yet and appreciate the summary on the gearbox.
     
    Sargepug likes this.
  16. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    As you suggested, I read the “458 Gearbox”thread in it’s entirety and my take away is that I’m not going to feel comfortable owning this car without a dealer Power Warranty. Since the Warranty is only available through 2025, I wouldn’t want to be owning the car past that time. I’ve owned my current Ferrari for over 30 years, and I plan on having this one for many years, as well, so I think I’m going to pass on owning a 2010. Thank you for your helpful input!
     
    Shark01 and Sargepug like this.
  17. Sargepug

    Sargepug Formula Junior
    Rossa Subscribed

    Mar 23, 2020
    885
    NYC
    Sensor is a $10k job, I was quoted it before it was finally determined by Ferrari, that I needed a new box installed for $40k. The sensor goes and can quickly wreak havoc!
     
  18. michaelo

    michaelo Formula Junior
    Silver Subscribed

    Mar 25, 2006
    350
    Tn.
    Full Name:
    Michael O.
    Bill, I was told by my mechanic that “if”, and by that I mean “if” the main sensor fails that the repair would be between 10-12K. I have seen posts about the entire gearbox needing replacement by some, but it is not clear whether this replacement fix was prior to when Ferrari determined the gearbox could be repaired without having to be replaced. Again it needs to be stressed that while it seems that a few early 458’s we’re having this problem, there have been some problems with later years, also. Not my opinion, but from a Ferrari mechanic. My mechanic has a gearbox specialist who said that he usually has a rebuilt box ready to go and takes the failed one and it usually takes a week to ten days for the complete turnaround. He also said that if it is important to have the original box with the car it would take another ten days or so to be up and running. I know that some find the possibility of this occurrence enough to discourage the purchase of an earlier 458, but I would consider a couple of factors to contribute to the problem. Tracking the car, not sufficiently warming up the fluids before you drive aggressively and not venting the engine bay after driving. Excessive heat seems to be the main factor in the sensor failure.
     
  19. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    Okay, got it, thanks for the clarification!
    We’ll this is actually encouraging to hear. Do you feel the Power Warranty is still wise to pay for annually if the gearbox repair could be limited to 12K versus $40K?
     
  20. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    Regarding the engine bay heat issue affecting the transmission sensor, I live in Texas which is very hot nine months out of the year. I’m concerned driving in these hot conditions could contribute to sensor failure even if I diligently raise the bonnet after each drive and use fans. Would appreciate any thoughts and/or solutions?
     
  21. todd cloud

    todd cloud Formula Junior

    Jun 21, 2019
    889
    Full Name:
    Todd
    #21 todd cloud, Oct 31, 2021
    Last edited: Oct 31, 2021
    There is a lot of well-intentioned but nonetheless misinformation on the forums about this issue
    It is exceedingly rare but can happen to any model year
    The issue cannot be identified in a PPI
    It is the temps inside the transmission housing that degrade the sensor
    Raising the bonnet or using fans has no impact
    It is a $9K repair, almost all of which is labor to take out the transmission, open it up, replace the sensor pack, and put it all back together

    You have a better chance of wrecking the car than suffering this failure
    Buy the 458 and enjoy it and stop stressing
     
    michaelo, 430jm, AD211 and 1 other person like this.
  22. michaelo

    michaelo Formula Junior
    Silver Subscribed

    Mar 25, 2006
    350
    Tn.
    Full Name:
    Michael O.
    Thank you, Todd.
    I realize that a sensor failure can be expensive, but it seems that the doom and gloom posted here would be enough to
    discourage anyone from buying one of these cars. I am not minimizing those who have had to replace sensors or transmissions,
    but the impression is that this is inevitable with every car.
    This surely did not discourage me from buying my 2010 458.
    As far as a fan or raising the engine lid, if excessive heat inside the box creates this problem, wouldn't it make sense to
    alleviate the heat inside the engine bay to bring the temp down? It seems to me that if you shorten the time things cook
    inside the bay there will be less degrading of the wiring and sensor.
    If it makes no difference, at least I feel like I am doing something to keep the heat down.
     
  23. todd cloud

    todd cloud Formula Junior

    Jun 21, 2019
    889
    Full Name:
    Todd
    doom and gloom is accurate.
    to cool the transmission down after spirited driving I would think driving the car in a non-aggressive manner with all cooling systems operating might be better?
    Not sure
     
  24. FerrariCognoscenti

    FerrariCognoscenti Formula 3

    Jan 19, 2021
    2,429
    East Coast
    #24 FerrariCognoscenti, Nov 1, 2021
    Last edited: Nov 1, 2021
    There is no evidence to suggest any of these items contribute. Most of the 458’s that suffered this issue were low mileage, not tracked. less than 10k miles and there were just as many 2013 and 2014 458’s which suffered this issue as there were 2010, 2011, and 2012. There is a misconception Ferrari fixed the issue on later model years and the fact is they didn’t - ALL 458 are susceptible to this tranny failure equally. In fact an fchat member just a few weeks ago with a 2014 458 and just 6k miles had the transmission failure. If the failure is going to happen, it is going to happen and there is literally nothing you can do to prevent it nor can it be identified in a PPI. The best thing to do is drive your car as often as possible and rack up the mileage while it is still under warranty so if it happens, it happens under warranty.

    I currently have 30k miles on my 2010 458 and have about 1.5 yrs left on my power warranty. I plan to add another 10-15k miles while I still have the warranty so anything that happens, will happen under warranty for the first 45k miles of the car.

    I can’t emphasize this enough, drive the car as much as you can while it’s under warranty. A high mileage car means all gremlins and issues have been sorted out over time and you can have confidence in it…a low mileage 458 without a warranty is basically like playing Russian roulette. A high mileage 458 will be well sorted and you know what you’ve got.

    From a mathematical perspective, a 2010 458 with 45k miles on it is far less likely to experience the failure than a 2014 with 5k miles. When these failure happen, they typically happen when the car still has low miles.

    Buying a 2010 458 with 25k miles is probably the safest bet when it comes to 458 shopping. If the timebomb transmission was going to have any issues, it almost certainly would have happened by then on this car. A 2014 with 5k miles…yeah, that’s a total gamble.


    Sent from my iPhone using Tapatalk
     
    r6elmo likes this.
  25. Bill308GTSi

    Bill308GTSi Rookie

    May 3, 2021
    9
    Seabrook, Texas
    Full Name:
    Bill Kingsbury
    Thanks for that encouraging perspective. It’s also easier to deal with a potential $9k repair than a $40k repair for sure!
     

Share This Page