Ferrari 488 Pista MSRP is.......

A well optioned Pista for 400K USD is a pipe dream for us down here in Aus. Best of luck to you guys!

 

Was meaning to ask - are incomes in Australia commensurate with the crazy high costs of some imports over there? Sure its an island nation but Ferrari has to ship to the US and I assume a lot of other places without such a bloodbath. What's the deal?

 

We have some pretty draconian taxes on expensive cars.
Import duty - 5%
GST - 10%
Stamp duty - it varies state to state but we pay 6%
Luxury car tax - 33%

On average Australians are probably paid better - however the highest paid Australians would earn less than the highest paid Americans and our lowest paid would earn more.

 

Incomes here would certainly need to be commensurate with the value of the purchase especially if finance was involved in the equation. My understanding is most new Ferrari buyers pay cash and keep the car off the books due to fringe benefit tax issues and the likes. 400 usd converts to @ 548K aud but for a reasonably well optioned Pista the price is @ the 770 to 800k+ mark, so yeah desirably you don't want to be financing that. Mine's priced up at @ 790K - didn't get the carbon wheels which were 40K but may change that.

 

Australia is a gorgeous country but the prices for cars and homes in Sydney are crazy. I love to visit and go three times a year for work and I am amazed at the cost of things but at the same time it seems super cars are very common in Sydney so people must be making good money there.

My dealer had estimated $400k a couple months ago. Makes sense when you add up all the overpriced carbon appearance stuff.

I was am not interested in the carbon stuff and couldn’t get one anyway. I would like the motor upgrade on a regular 488 without all the flamboyance but not possible so my regular 488 is perfect for me.

I look forward to the pictures as members start getting their cars.

 

The luxury car tax is the BS. Its so wrong and even more now. There should be no Import Duty or Luxury tax as we don't have a car manufacturing industry any more. Cant see any government ever abolishing it since they make a lot of money from it.
Gee if you buy a massive Million dollar boat you don't pay luxury tax. Its all just a load of xxxt.

 

The same can be said about Melbourne.
I do see the odd occasional car but only on sunny days. Remember Sydney and Melbourne basically counts for nearly 50% of all Australias population.

 

Do they have a lot of leasing there? Extended financing (beyond 60 mos)?

 

Wonder what the price would be if new tariffs go in effect.

 

Somehow this became a discussion about the Australian standard of living. HA.

Back on topic - Tim - I think the biggest unanswered question is what's included in that price. Even at $345,000, I still think a well optioned car can easily exceed $400,000. After all, who's going to get picky about options at this level?

 

I would just assume the Pista will be 5-10% more expensive than the Speciale for any given spec.

 

Well, I think regardless, heavily optioned cars won’t exceed the low $400’s. It also depends on ones intent. For some, myself included, the Pista is a long term keeper, while for others, it’s a short term pleasure and on to the next toy. Both have their strong merit. Can’t wait to see the car out at Pebble.

 

Majority of cars will have full exterior carbon. If your lucky to be able to buy sub 400K I'd load heavily without a second thought - and count your blessings!

 

I am so over CF and this poses a problem for me. My last cars I specifically spent $0 on CF and spent it on other options. Hope one is nor forced into the CF route

 

Forced? It is clear the interior has all matt carbon and outside has 50% CF elements stock. You can always leave the remaining pieces plastic. Same goes with the stock full alcantara interior which many may not like. There is a leather package!

 

so u cant do plastic on all the outside elements?

 

Nope. Then you also can't do no matt CF interior - have gloss CF pieces on inside instead (which I prefer).

 

Outside is heavily plastic in the USA spec. IDK what the price is but I had to add a lot of carbon outside to hide that plastic. It’s hideois like on the 488.

 

Agreed. The car really needs the carbon fiber, in my opinion. I will option every ounce available - glossy.

 

What will date the car is that there is a good chance CF will not always be a high-end, expensive material. A BMW i3 is has more CF than a Pista and it's actually used in a meaningful way...

The most valuable cars in the world have zero CF, so...

 

CF options on a car with an alloy frame is salad dressing. Choose what you want but it won't add any benefits.

CF wheel is essential mainly because of the LEDs, and that's standard on the Pista.