2019 488 price increase | FerrariChat

2019 488 price increase

Discussion in '458 Italia/488/F8' started by benny, Aug 2, 2018.

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  1. benny

    benny Karting

    Apr 18, 2006
    125
    Has anyone heard about 4% increase
     
  2. tickerhound

    tickerhound Formula Junior

    Sep 17, 2016
    368
    IL
    Full Name:
    Mark
    Yes, mine came in with the increase. Options were same price as 2018.
     
  3. wrs

    wrs F1 World Champ
    Owner Rossa Subscribed

    Jul 11, 2015
    13,916
    Lakeway, Texas
    Full Name:
    William
    That's a nasty $12k surprise. Supportive of the secondary market though and for me, let's me know I did the right thing by not ordering in May and instead buying the new 2018 spec'd by someone else. I would have eaten that $12k at delivery. Instead, I paid $330k for a $320k MSRP with 105 miles on it. That deal is looking better every day.
     
  4. rocketman

    rocketman Formula 3

    Oct 1, 2009
    1,487
    NY & Miami
    Please explain your reasoning since I must be missing something.
    You state that you paid $10k over sticker for a MY 2018.
    If sticker on that same $320k car for 2019 is $12k more then what is the difference ?
    I would gladly take the 2019 and have a car that is one MY newer since the $$ will be recouped upon selling it down the line based on MY be newer and additional warranty that remains.
    There would also be the benefit of speccing it exactly the way one wants rather than having someone else's spec.
     
    Viperjoe likes this.
  5. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,665
    South East
    Full Name:
    Jimmie
    He's been driving a 488 since May whereas even an early 19 would only just be arriving- maybe actually driving the car is of more interest to wrs than hypothesizing about future value ?
     
    wrs likes this.
  6. wrs

    wrs F1 World Champ
    Owner Rossa Subscribed

    Jul 11, 2015
    13,916
    Lakeway, Texas
    Full Name:
    William
    I didn't have to wait and I got the best trade I could on my Cali T HS which would have been another $10k less by the time I traded it for the allocation car. So I got the car I wanted now, for what MSRP would be in Nov when the car was promised. The benefit of specing exactly what one wants is not what I was after. I don't mind shopping around to find what I like at the right price. I am driving a MY 2018 488 Spider now . That is what was most important to me. Not getting exactly what I want in Nov/Dec. I have a spec that was well done IMO and I was only doing a couple of things different anyway.
     
    Viperjoe, Cigarzman and JohnTz like this.
  7. WLFerrari

    WLFerrari Karting

    Mar 17, 2017
    103
    Northern California
    Full Name:
    Wayne
    I wonder if the base msrp price increase is related to option add-ons like the rear camera (since that is now mandated by law). Otherwise, not sure why the base price has gone up (unless it can be explained by tariffs or exchange rates). What does the dealer say?
     
  8. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    963
    This is Ferrari hedging due to the tariff fiasco, on top of their standard increase that mainly doesn't apply this late in the model range/time.
     
  9. rocketman

    rocketman Formula 3

    Oct 1, 2009
    1,487
    NY & Miami
    A buyer in another post states that his 2018 May build has the rear view camera and that he did not order it and it was not listed as an option on the sticker. So if that is correct it is apparently now standard.
     
  10. tickerhound

    tickerhound Formula Junior

    Sep 17, 2016
    368
    IL
    Full Name:
    Mark
    Well I think the rear camera is "standard" now but I notice on my 2019 sticker that the front and rear parking sensor option is 2700. The 2018 price for the sensors was 1300, so either way you're paying for it. I didn't get the front camera because I don't like the way it looks on the front bumper fascia.
     
    Viperjoe likes this.
  11. Alex@TAG

    Alex@TAG Formula Junior
    Sponsor

    Feb 24, 2015
    520
    San Diego, CA
    Full Name:
    Alex@TAGMotorsports
    So to my understanding McLaren did the same thing with the 720S'. The 2019 cars have a $10,000 higher base price than the 2018 cars!
     
  12. Shadowfax

    Shadowfax F1 Rookie
    BANNED

    Jun 10, 2016
    4,066
    Australia
    I have no idea what some of you guys are trying to put up by quoting 488's built and delivered in 2018 are 2019 cars? - total nonsense!

    All 488's built and delivered in 2018 are 2018 models....end of story.

    An early 19 will be built and arrive in early 19.
     
  13. RayJohns

    RayJohns F1 Veteran
    Silver Subscribed

    May 21, 2006
    7,925
    West Coast
    Full Name:
    Ray
    The only date which matters is the one on your lease or bill of sale :) The build date on the door doesn't mean much.

    Ray
     
  14. JohnTz

    JohnTz Karting

    Jun 21, 2018
    212
    Inverness, IL
    Full Name:
    John Tz
    Ray is correct. The window sticker dictates the year. I can go buy 19s from other brands right now as well.
     
  15. Shadowfax

    Shadowfax F1 Rookie
    BANNED

    Jun 10, 2016
    4,066
    Australia
    #15 Shadowfax, Aug 9, 2018
    Last edited: Aug 9, 2018
    Ferraris' apparently have a compliance plate only, fitted by the importer after the car arrives in the country. So, unless the importer fudges the year model on the plate they fit,then the year model will remain as stated on the compliance plate.

    Finance and Insurance institutions recognize the year model usually by the build date/plate (where fitted), or in the case of Ferrari, the compliance plate. A dealer can basically write whatever year model they like on a sales invoice but that won't mean anything to the financer or insurer who will always recognize the year model by what is stamped on the plate.

    This is why you see run out deals on cars which were stamped 2017 but first registered in 2018.
    Doesn't make them a 2018 though in the eyes of the financier and insurer as they are only interested on what is stamped on the plate that matters.

    The buyer only finds out the truth when they go and sell the car, hence why it is important to always go by whats on the plate.:)
     
  16. JohnTz

    JohnTz Karting

    Jun 21, 2018
    212
    Inverness, IL
    Full Name:
    John Tz
    My 488 bought new from the dealer clearly indicates the year on the window sticker. In fact it’s the first line in the sticker.
     
  17. RayJohns

    RayJohns F1 Veteran
    Silver Subscribed

    May 21, 2006
    7,925
    West Coast
    Full Name:
    Ray
    Don't forget that the year is encoded into the VIN# - the 10th digit tells you the year of the car for all intents and purposes.

    VIN# 10th digit year code:

    1 2001
    2 2002
    3 2003
    4 2004
    5 2005
    6 2006
    7 2007
    8 2008
    9 2009
    A 2010
    B 2011
    C 2012
    D 2013
    E 2014
    F 2015
    G 2016
    H 2017
    J 2018
    K 2019

    etc.
     
    MANDALAY likes this.
  18. Shadowfax

    Shadowfax F1 Rookie
    BANNED

    Jun 10, 2016
    4,066
    Australia
    Does the year on the sticker match the year on the plate? That would be my main concern.
     
  19. RayJohns

    RayJohns F1 Veteran
    Silver Subscribed

    May 21, 2006
    7,925
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    Ray
    Check the VIN# - that is the legal year of the car.

    Ray
     
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  20. Shadowfax

    Shadowfax F1 Rookie
    BANNED

    Jun 10, 2016
    4,066
    Australia
    Doesn't gel with my VIN at all Ray.
    Perhaps your chart must apply to a different model Ferrari? Or is USA specific?
    My Vin starts with ZFF79AMD********* (9 numbers following the D)
    Mine is clearly stated as 08/17 alongside the VIN but I guess I could always kid myself it's a 2018 even though it was registered in Nov 2017 not 18.

    PS JohnTZ what year model is yours?
     
  21. JohnTz

    JohnTz Karting

    Jun 21, 2018
    212
    Inverness, IL
    Full Name:
    John Tz
    Yes the window sticker and the plate match. I even checked the Vin as per Ray and that matches as well. My insurance guy only needed the Vin and he knew the make, model and year from that alone.

    Don’t confuse model year with calendar year.
     
  22. RayJohns

    RayJohns F1 Veteran
    Silver Subscribed

    May 21, 2006
    7,925
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    Ray
    Here is some info:

    https://en.wikipedia.org/wiki/Vehicle_identification_number

    What's the 10th digit, when counting from the left to right?

    Ray
     
  23. Shadowfax

    Shadowfax F1 Rookie
    BANNED

    Jun 10, 2016
    4,066
    Australia
    I have 9 numbers after the D so counting left to right the 10th would be the letter D....making it a 2013. So that can't be right?
     
  24. RayJohns

    RayJohns F1 Veteran
    Silver Subscribed

    May 21, 2006
    7,925
    West Coast
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    Ray
    Start on the left, with the Z (digit #1) and count to the right.

    Ray
     
  25. Shadowfax

    Shadowfax F1 Rookie
    BANNED

    Jun 10, 2016
    4,066
    Australia
    Sorry my bad earlier.

    Now that gives me a zero (o).....making it a 2024 assuming your chart continues with letters.
     

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