458 Italia valuation | FerrariChat

458 Italia valuation

Discussion in '458 Italia/488/F8' started by LB430, Aug 14, 2023.

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  1. LB430

    LB430 Rookie

    Apr 29, 2023
    14
    Hi All,

    I've been a lurker for some time, and I'm finally looking to purchase a 458. I'd love to have the community's thoughts on valuation for the car I'm looking at. The key stats are as follows:

    458 Italia Coupe

    40 K miles

    No service records, (other than what is shown in Carfax)

    One key, missing tool kit and car cover

    Carbon ceramic brakes replaced with steel

    No stickies or paint bubbles

    Repainted front end to correct stone ships

    No-damage accident reported on Carfax


    Any inputs on Valuation/pricing would be appreciated!

    thanks in advance!
     
  2. Boiler Inspector

    Boiler Inspector Formula Junior

    Oct 14, 2017
    353
    Texas
    Full Name:
    Brian
    Jstephen likes this.
  3. flash32

    flash32 F1 Veteran

    Aug 22, 2008
    6,950
    Central NJ
    Full Name:
    Dominick
    150-170 based on current sales .
     
  4. 05F430F1

    05F430F1 F1 Rookie
    BANNED

    Oct 22, 2005
    3,600
    Fort Lauderdale, Florida
    Full Name:
    Todd
    The year would be quite helpful


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  5. JohnCorpus

    JohnCorpus Rookie

    Aug 3, 2022
    5
    Full Name:
    John Corpus
    Circa 170 would fair to both parties.
     
  6. LB430

    LB430 Rookie

    Apr 29, 2023
    14
    Thanks for the replies!

    The year is 2014
     
  7. 05F430F1

    05F430F1 F1 Rookie
    BANNED

    Oct 22, 2005
    3,600
    Fort Lauderdale, Florida
    Full Name:
    Todd
    I’m closer to the 140-150 area than the 170 number… with those miles, lack of service records, repainted areas, missing key and tools etc… doesn’t sound like it was a well loved car…. Remember, you’re not just buying a car, you’re buying the previous owner(s) and that’s very important when choosing an exotic… VERY- at 150, I don’t think you can go wrong. Higher than that, you might as well spend another 30-50k for a diamond.


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    ml65, 3POINT8, Beez and 3 others like this.
  8. flash32

    flash32 F1 Veteran

    Aug 22, 2008
    6,950
    Central NJ
    Full Name:
    Dominick
    Agreed [emoji106]

    Sent from my moto g power using Tapatalk
     
  9. todd cloud

    todd cloud Formula 3

    Jun 21, 2019
    1,088
    Full Name:
    Todd
    This is the red 2014 458 currently on BAT?
     
    pizzadude likes this.
  10. LB430

    LB430 Rookie

    Apr 29, 2023
    14

    Indeed it is!
     
  11. LB430

    LB430 Rookie

    Apr 29, 2023
    14
    That's great advice --much appreciated.
     
    05F430F1 likes this.
  12. pizzadude

    pizzadude Formula 3

    Feb 20, 2001
    1,276
    Indianapolis, IN
    I’m watching that one too…out of curiosity. I’m looking to get into the 458 game in the next 3-6 months.
     
  13. 3POINT8

    3POINT8 F1 Veteran
    Rossa Subscribed Silver Subscribed

    Jan 23, 2014
    5,291
    great car. i compare it to my 2023 huracan evo and its amazing how well it holds up
     
  14. JohnCorpus

    JohnCorpus Rookie

    Aug 3, 2022
    5
    Full Name:
    John Corpus
    6 hours to go. Interesting to see where the bidding goes. Many factors that will decrease the price and the market has been weak. Don't think it will hit the reserve. Lets see.
     
  15. todd cloud

    todd cloud Formula 3

    Jun 21, 2019
    1,088
    Full Name:
    Todd
    actually, the 458 market has been fairly resilient
    the free money is gone, but valuations have held up relatively well

    Image Unavailable, Please Login
     
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  16. Boiler Inspector

    Boiler Inspector Formula Junior

    Oct 14, 2017
    353
    Texas
    Full Name:
    Brian
    Hammered at $178k. Looks like it got a couple guys fighting over it.
     
  17. todd cloud

    todd cloud Formula 3

    Jun 21, 2019
    1,088
    Full Name:
    Todd
    That is a good price for the miles and the litany of other issues
     
  18. Boiler Inspector

    Boiler Inspector Formula Junior

    Oct 14, 2017
    353
    Texas
    Full Name:
    Brian
    That's what I was thinking. For slightly more money could easily find a rossa corsa 458 in near perfect shape, but hey they won. Oh, I forgot about the 5% buyer's fee. $186,900 before shipping.
     
  19. 3POINT8

    3POINT8 F1 Veteran
    Rossa Subscribed Silver Subscribed

    Jan 23, 2014
    5,291
    thats a crazy price
     
    justsomeguy458 and pizzadude like this.
  20. 458Silverstone

    Jun 25, 2023
    24
    IMO, $178k plus commision is all the money. Didn't this 40k mile example have the front rotors changed to Girodics's? From my racing experience the track cars made this type change. Maybe this car was used at one of the those "come drive a Ferrari at a race track" events weekly.
     
    AD211 likes this.
  21. LB430

    LB430 Rookie

    Apr 29, 2023
    14
    Completely shocking...seller must be elated. Will continue the search for one with much better provenance, less miles, (and slightly more expensive)!!
     
    pizzadude likes this.
  22. LB430

    LB430 Rookie

    Apr 29, 2023
    14
    Question--what is driving the large premium in the '13, '14 and '15s shown in the chart?
     
  23. 458Silverstone

    Jun 25, 2023
    24
    I'm not sure why the 2012's are low, but I was in the market recently and bought a 2013. I only looked at 2012 - 2015 due to sources saying to avoid the 2010's and 2011's. How reliable that information is, I don't know, but the supply is big enough a buyer can be choosy.

    I was curious where Todd Cloud got the chart from and can it be plotted further back in time???
     
    LB430 likes this.
  24. Boiler Inspector

    Boiler Inspector Formula Junior

    Oct 14, 2017
    353
    Texas
    Full Name:
    Brian
    This right here. Anytime someone asks what to look out for when buying a 458 there will always be at least "avoid the 2010 and 2011 year they had DCT problems." It may have happened more often, and many were covered under warranty, but it's a stigma. Reminds me of the Caymans. Same thing, except it's either bore scoring or IMS and avoid the 2006-08 models. Although, you may be more likely to have those failures with a Cayman it's catastrophic with respect to how much the car is worth compared to a 458. The irony of the DCT troupe is that some experts say DCT failures can happen to any year model.
     
    LB430 likes this.
  25. pizzadude

    pizzadude Formula 3

    Feb 20, 2001
    1,276
    Indianapolis, IN
    As someone that will be ramping up the hunt for a 458 soon I’m really worried about the whole DCT thing. Is it really true it’s more prevalent on the 10s and 11s or all across the board. I’ve heard both. I does make me a little nervous I have to say but like mentioned. Kinda like the IMS with Porsche, snap rings with NSX etc etc.
     
    LB430 likes this.

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