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Any comments on this 458 price drop

Discussion in '458 Italia/488/F8' started by Friar93, Apr 4, 2020.

  1. Friar93

    Friar93 Rookie

    Apr 7, 2007
    37
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  3. Cigarzman

    Cigarzman F1 Veteran
    Rossa Subscribed Owner

    May 7, 2014
    6,036
    Sarasota , Florida
    Full Name:
    Kirk
    I’m gonna go with that’s what it’s worth. I sold my 2012 no story Nero / Nero 21,000 miles 335k list for 170 ~ 2 years ago. Best , Kirk.
     
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  4. IPO1

    IPO1 F1 Rookie

    Dec 23, 2015
    3,384
    What could go wrong...I'm sure the Honda dealer will service it o_O
     
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  5. MotorMouth

    MotorMouth Formula Junior
    Silver Subscribed

    Jan 6, 2010
    749
    NY
    Full Name:
    Dave
    Near 20k miles have been $170 for years now. 190 for under 10k miles.
     
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  6. buddyg

    buddyg F1 Rookie
    Rossa Subscribed Silver Subscribed

    Sep 20, 2004
    3,256
    West Michigan
    Full Name:
    Buddy
    No way I would sell mine for that, I would be suspect.
     
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  8. dustman

    dustman F1 Veteran
    Rossa Subscribed

    Jun 12, 2007
    6,334
    With those bad seats and Black wheels, i think the price is realistic.
     
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  9. jm2

    jm2 F1 World Champ
    Rossa Subscribed Lifetime Rossa Owner

    Aug 19, 2002
    13,645
    michigan
    Full Name:
    john
    They couldn’t even vacuum the carpet for photography? What does that say about the rest of the care of the car? Just askin’.
     
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  10. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Moderator

    Mar 18, 2014
    3,759
    Europe, but not by much.
    Full Name:
    Nuno
    So many factors at play when a car drops in value... cash flow needs from the owner, dealer inventory, the market, car being damaged in some way while listed for sale, etc.

    I’ll never sell my 458 so I really don’t care about prices, but such a huge drop in asking price makes me suspicious. Practice due diligence now more than ever. PPI and your own personal detective work in terms of history and maintenance.

    At the slightest suspicion, walk away. There are a few 458 out there for sale. I drive mine. I also happen to keep mine in such a pristine condition that I have trouble with owners who abuse their cars. You can and should use it, but take care of it in the same proportion. There are others out there like me, so there are great pre owned 458s out there.

    Not saying this car is no good. I know nothing about it. Just saying such a drop in asking price usually means desperation or a damaged unit.

    Kind regards,

    Nuno.
     
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  11. scott61

    scott61 F1 Rookie

    Feb 11, 2004
    2,592
    North of Boston
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  13. Regular Guy 01

    Regular Guy 01 Formula Junior
    Silver Subscribed

    May 10, 2011
    277
    Tacoma, WA
    Full Name:
    Eugene Greer
    Looks like a couple of the buttons might be a little sticky....
    An added cost to the purchaser (in money and time to have repaired).

    I feel sorry for the person who has to buy an item like this based on cost alone.
     
  14. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Moderator

    Mar 18, 2014
    3,759
    Europe, but not by much.
    Full Name:
    Nuno
    Usually depends: time, moist, sunlight, heat. Difficult to say. Mine is a 2011, no stickies whatsoever.

    Kind regards,

    Nuno.
     
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  15. gilly6993

    gilly6993 Formula 3

    Aug 20, 2009
    2,122
    Longmeadow, MA
    Full Name:
    Eric
    Am I missing something? Where's the "price drop"?.....a price drop is when they try to sell it for $210K then drop it to $169K.....this isn't the case....they're just stating the fictional KBB value.....it's farily priced and can likely be had for $160-162.....
     
  16. cole328

    cole328 Formula Junior

    May 9, 2014
    695
    A) who trades in a Ferrari for a Honda?

    B) price drip seems erroneous

    C) I’d leave alone


    Sent from my iPhone using FerrariChat
     
  17. buddyg

    buddyg F1 Rookie
    Rossa Subscribed Silver Subscribed

    Sep 20, 2004
    3,256
    West Michigan
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    Buddy
    I think he traded it for like 5 Hondas!
     
  18. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Moderator

    Mar 18, 2014
    3,759
    Europe, but not by much.
    Full Name:
    Nuno
    5 fully equipped Honda dealers more like :D

    Kind regards,

    Nuno.
     
  19. teak360

    teak360 F1 Veteran
    Silver Subscribed

    Nov 3, 2003
    9,903
    Boulder, CO
    Full Name:
    Scott
    A price drop doesn't mean much when it was overpriced to begin with. It's usually hard to tell from photos, but in this case I would say that car looks beat on. $168K could easily be too much.
     
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  20. exoticcardreamer

    exoticcardreamer Formula Junior

    Dec 9, 2014
    988
    usa
    Full Name:
    doesitmatter
    Carfax shows it was purchased via an auction
     
  21. gilly6993

    gilly6993 Formula 3

    Aug 20, 2009
    2,122
    Longmeadow, MA
    Full Name:
    Eric
  22. Friar93

    Friar93 Rookie

    Apr 7, 2007
    37
    CarGurus appears to track prices and showed this as a drop from $205k over a 6 month period. I’m not sure how accurate that tracking is?
     
  23. wojteki

    wojteki Rookie

    Feb 1, 2016
    47
    Jackson, NJ USA
    Full Name:
    Wojtek I.
    what gets most buttons stick is actually bad detailing. Usually any use of alcohol or ammonia based cleaners will cause this! Be careful what you clean your car with ... Always use ammonia free window cleaners, and do not spray anything inside the car .. always apply any safe cleaners to a rag, and wipe ... avoid any of the rubberized plastics at all costs ! Prolonged exposure to direct sunlight or high ambient temps will also do this.

    For everyone using sanitizer regularly these days, dont touch your buttons until you clean your hands off with water wipes , or give it time to dry out ..
     
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  24. Yellowgallardo1

    Yellowgallardo1 Karting

    Sep 19, 2018
    121
    Full Name:
    marcus
    the 205 is the “
    suggested selling price”
     
  25. ChipG

    ChipG Formula 3

    May 26, 2011
    1,201
    Santa Monica, CA
    There is no price drop, read it, they are just showing what full retail Kelley blue book value is, the cars worth $150k
     
    wrs likes this.
  26. Owen Edwards

    Owen Edwards Rookie

    Apr 5, 2020
    6
    The car is almost at 20k miles, the leather on the interior of the car looks to be in pretty bad shape from the pics, the leather is starving and dry, you can tell the previous owner tried to clean it up but used some cheap ass leather conditioner and it didn’t do anything other than make it worse. At 20k miles you can expect to do some heavy maintenance. Other than the Scuderia shields, the carbon fiber steering wheel and the red stitching, the car is basic and there’s nothing special about it. I would take it up to the nearest Ferrari dealer and get a PPI on it.


    Sent from my iPhone using Tapatalk
     
  27. wrs

    wrs F1 Veteran
    Rossa Subscribed Owner

    Jul 11, 2015
    6,439
    Austin, Texas
    Full Name:
    William
    Can't you find a better deal than this? I would be surprised if you can't. That car looks like most of the mileage was done cruising up and down some strip. The interior looks very worn.
     
  28. Jason B

    Jason B Formula Junior
    BANNED

    Apr 7, 2006
    285
    Hbg, PA
    CORONA. That's the reason. There will be deals last min when someone needs to move it. This car won't last that long - now that it's been posted here. For those that still are sleeping on a nice bed of cash :)

    It does look a bit worn, but killer price. I thought the main way (besides cleaners) the buttons wore out was from touching them with the oils on your fingers....
     

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