458 Price and allocation check | FerrariChat

458 Price and allocation check

Discussion in '458 Italia/488/F8' started by _CEO_, Apr 5, 2013.

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  1. _CEO_

    _CEO_ Rookie

    Apr 2, 2013
    19
    Toronto
    Full Name:
    JT
    Hi all,
    My dealer is telling me I can get a July delivery on a new 458 coupe allocation they have and MSRP is $269,999 pre-options
    I'm in Canada btw. Does this seem right - I'm thinking about pulling the trigger on trading my current 458 in for this if it smells right.

    Thank you in advance for input
     
  2. gilly6993

    gilly6993 F1 Rookie

    Aug 20, 2009
    2,558
    Longmeadow, MA
    Full Name:
    Eric
    Not sure about Canada....MSRP for my 2013 was $239K USD and change pre-options....
     
  3. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,140
    Vegas baby
    Yah... and 257 for a spider or there abouts.
     
  4. 4RE Bob

    4RE Bob Formula Junior

    Feb 7, 2004
    567
    Muskoka, Ontario
    Full Name:
    Bob
    I bought mine less than a year ago, Aug delivery, MY 2013. Base Canadian price was $267,900. Sound like a $2K increase since then, which is reasonable.
     
  5. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,140
    Vegas baby
    Do you guys have some kind of VAT or importation tax that makes it so much more expensive?
     
  6. 4RE Bob

    4RE Bob Formula Junior

    Feb 7, 2004
    567
    Muskoka, Ontario
    Full Name:
    Bob
    No that is the base price. There is a 13% combined federal and provincial sales tax on top of that!

    Canadians got used to paying more for our cars when the Canadian dollar was worth 70 cents US. Now that the currancy is virtually equal, Canadians still pay more. True for all makes and models, but more true on European Cars.

    The manufacturers argue that it is a small market with its own regulations, which are similar but not identical to the States, so it costs them more.

    Also true for electronics, appliances, clothing, most things... Lots of cross boarder shopping as a result, but importing cars has a bunch of issues, including warranty coverage.
     
  7. Prancing 12

    Prancing 12 F1 Rookie
    Silver Subscribed

    May 11, 2004
    2,757
    The long way home
    We do have a 6.1% duty on non-NAFTA vehicles, so that accounts for a fair bit of the disparity in price. On top of that there's currency fluctuations (a point or three makes quite a difference on prices at these levels) and the other reasons Bob touched on.

    To the OP - everything you've posted sounds right, but what will really matter is the difference you're offered between your current 458 and the new car.
     
  8. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,140
    Vegas baby
    Wow that's unfortunate. :(
     
  9. KenTO

    KenTO Formula Junior

    Apr 24, 2009
    468
    Toronto
    It's not all bad news, it's easier to incorporate as a professional and pay a lot less tax than in the U.S.
     
  10. Lew L

    Lew L Formula Junior

    Jan 27, 2006
    359
    US - high on income tax, but low on consumption tax.

    Most other countries are the reverse.
     
  11. _CEO_

    _CEO_ Rookie

    Apr 2, 2013
    19
    Toronto
    Full Name:
    JT
    Thank you for this I appreciate it!
     
  12. fastmover

    fastmover Formula Junior

    Mar 9, 2009
    540
    NA
    I paid the same MSRP of $267 900 for my 2012 Italia. This was a reduction of $11 800 from the 2011 base price and also includes the 7 year maintenance plan. I still have PDFs of both price lists.
     
  13. KenTO

    KenTO Formula Junior

    Apr 24, 2009
    468
    Toronto
    Just out of interest, why would you trade your current 458 for a new one?
     

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