Does it seem it's easy to purchase a 488 now when years ago you had to be previous customer or purchase a different ferrari first It it because they are building more cars and not enough buyers.
Duh. Public company pumping out units. Better cars from other brands and limited number of buyers. F car dealers can't give 488's away--I've had more calls than I can count for 200 miles 2018 units with serious discounts. ON the hunt for 458....
No it's actually sad. If you actually called dealers today you'd know what I'm talking about. 488 is fun car, but dealers have more new unsold than I've ever seen. It's not a secret. Like it or not.
This is exactly the situation I'm seeing regarding 488 units. The used 458 models (esp Spiders FWIW), are selling very quickly and those 458 cars have various low and higher miles. No slight on the 488-I think its part higher production, part competition and part that buyers are waiting for a 'major' release with the next model. IME it's also the fact the some other prestige brands seem to treat their customers in a better manner. I've never had such poor service from a dealership as I have from Ferrari. Very disappointing. Sent from my iPhone using Tapatalk
As you may know, the cars at the dealers are generally consigned. Your comments seem out of touch unless you are a current Ferrari owner. There is no dealer giving away cars - it may be that the owners are trying to unload their cars. No new cars are at a dealer unless someone has ordered one. It would not be surprising that dealers may be calling around to offer new orders. At present, there are less than 100 488 GTB and GTS for sale across the US. Not surprising that 458 models are selling - they are generally $250k and that attracts a certain clientele. The 488 models are generally $285k and more especially for spiders. There are very few buyers that are willing and or able to come up with $300K.
Ordered and backed out. I'm obviously talking about 100 mile cars...those are nothing more than cars that got punched and titled and back to lot for sale. I understand how the game works, trust me. Those games are coming to an end as most people aren't willing to play the BS anymore. Buy a Lusso for Pista--please. Some will, most won't with competitors now out there. Listen I really could careless, just giving info from what I've actually seen over the past month. More power to whatever one wants to believe.
Its quite normal for dealers to change practices and seek customers toward the end of the particular series run. I have turned down new Fcar build offers under these circumstances as I'm sure many here have. The 488 is a transitional production model and soon to be replaced. They will want to switch over and pump out as many Pistas as possible due to the huge profit there for basically the same car. In the mean time, they have 488s that need to be built to meet prior sales projections for that model and cash will be king again for one at the dealership. Its not their fault though. Its the buyer community that jumps to every new release and build crazy expectations. The leaks are strategic and further build excitement and boom - there's a killer waiting list with all sorts of strategies to get one. Two to three years later count on a call if you made a serious offer or bought pre-owned. I would think this would be a great time for a deal on a low mile pre-owned 488.
Actually, my local dealer has 3 brand new, untitled 2018 488s on the showroom floor. The phenomenon is true...and yes, I'm a current 488 owner.
I don’t know if the phenomenon is true or not, but I think the depreciation big has hit the 488 much more than previous versions. I was offered crap for a trade in for a spider for my 488. Walked awy. Will just keep the car and enjoy it. Working on getting a Mclaren. I just don’t like dealer games. If they don’t want my money, I’ll buy another brand.
Sounds like your local dealer has invested in some inventory. Not at all the case in Northern California. The only new 488’s that show up in the showroom are those that were ordered by a new owner.
This is mainly true, except when a customer orders a car, then walks away for various reasons. Dealers get around this limitation by using mules to order the car. You know those limited cars that are on consignment with only 50 miles and a huge markup, yup, that's them and was never a "VIP" customer, which is just dealer marketing. Here's an example: Car has 108 miles when you know all Ferraris come with around 50 miles at delivery, that car likely never left the dealership's entity. Keep in mind since the Pista has been introduced and delivery in the US is expected within 2-3 months, many future Pista owners are putting their 488 GTBs and Spiders for sale. If you ordered a 488 with $75K+ in options, many of them having little on resale past a certain point, expect a hit. Portofino, Lusso and 812s don't have the expected demand . This is why their production has been shifted to the V12 assembly line. A Portofino prices in around a used 458 Spider, Lusso has always struggled and 812 has very polarizing styling. Yes, the whole "must buy a Lusso to get a Pista" requirement was debunked by yours truly despite getting plenty of flame for it. 488 replacement won't be out until 1.5 years, with prior customers getting priority and add a few years on top of that depending on where you are with dealer history. Getting another Ferrari car before a 488 was never a requirement from Ferrari, only dealers. If dealer thought you were a pushover, they would bring it up for additional profit. Just like the Lusso/Pista story.
Please just look closely at McLaren resale values. I’ve lost much, much more money on that brand than Ferrari. The 650 made my FF look like a good deal. Even the 675’s I still have have lost a good $120k each, minimum.
Understood. Not saying Mclaren is Doing any better. Not trying to turn this into a Mclaren vs Ferrari thread.
If you're turned off by depreciation, run from McLaren. 720's are a blood bath right now and going to get worse come dead of winter (at least wait until then to get one at $50-70k off). This isn't saying the car is bad, but do talk to many that traded in their 720 after a month or two--all said lack of engagement. I'm with you are the Mac allure, but don't bring in depreciation--it's makes Ferrari look like a GT3RS. Not a F-car vs Mac...just be careful that's all. 720 is tempting and think there will be some amazing deals in the next few months that will make entry more enjoyable.
I keep hearing of this blood bath but not seeing it on used market. And yes, I’m not scared of the depreciation. Been watching the Mac market for years and know what I’m getting into.
Yes they do, but they have been doing this since day one. They also have a new Portofino and did the same with the Lusso. They are simply building inventory. Most of these cars will circulate back through the same showroom. Recently they have received back the first "demo" 488 they ordered.
