Gotta have options when buying used | FerrariChat

Gotta have options when buying used

Discussion in '458 Italia/488/F8' started by ol1970, Mar 28, 2014.

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  1. ol1970

    ol1970 Rookie

    May 8, 2013
    25
    So I'm working up the courage to take the plunge into the deeper end of the pool and, I figured I'd poll the experts/owners as to what to make sure I look for when buying a 458.

    My basic Criteria - Red with Black or Tan interior. Yes I know boring to some, but it is my first one, so I probably should stick with it cause it is calling me. CF Steering wheel with LED's and Racing Seats are my non-negotiable options. Beyond that, what should I make sure the car has that I'll be sorry it doesn't have after the fact.

    Miles, I'm not picky...but if there is some mythical mileage # where you have to spend $30k to change the flux capacitor or something I'd appreciate the heads up.

    I'm seeing nice cars 2010-2011 with these for the $226~$240 range under 6K miles...asking price which seems a reasonable starting point for negotiations. Thanks for your input!

    Cheers!
     
  2. dustman

    dustman F1 World Champ
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    I haven't seen any in that price range that have the Racing Seats.
     
  3. TheMayor

    TheMayor Ten Time F1 World Champ
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    #3 TheMayor, Mar 28, 2014
    Last edited: Mar 28, 2014
    This has to be the most asked question about the 458

    To keep it simple, IMO must have are the thin spoked "star" forged wheels, the CF drivers zone with LED steering wheel, and electric seats as a minimum.

    If you have a tough driveway to get in or a steep ramp to navigate, you will want the front lifter.

    Most would also say "shields" but 99.9% of them come with them anyway.

    Nice things to have

    Cruise control
    Daytona seats or racing seats
    Day/night auto mirrors
    Contrast stitching
    Sat/Nav (depends on how you use it)
    Ipod connector (again on how you use it)
    Homelink (if you have a garage and don't want to fuss with the remote)
    Rear back up sensors (fronts are nice too if you have a tough parking situation)


    If you're looking used, most likely you can find one with a bunch of extra carbon fibre bits. If you find one like that, most likely you're getting all that for pretty much a a substantial discount because it rarely adds to the resale.

    If you find one with a racing package, this is about a 18 grand option. It comes with the dash, steering wheel w/ LED's, and CF racing seats. Racing seats are not electric (none are) but it's not a biggie IMO. Find one with a real racing package will be rare so you might be on the hunt for a while.

    My personal preference is for 12 and newer cars because they have some software upgrades and have the free 7 year maintenance program. But, older cars are less expensive. Remember too that 2010 are all out of warranty. Just because a car has 5K miles on it doesn't mean it won't break next week.

    As a point of reference

    The least expensive way to order a car was with a completely black interior, no daytonas, no stitching, no electric seats, no CF anything, black calipers, and the starfish wheels.

    Good luck in your search. One last bit of advice:

    Never let a good car get away from you for a few grand. It's not a game to find the cheapest car out there. Its the chance to buy the right car you really want at a price you are willing to pay.
     
  4. dalundin

    dalundin Rookie
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    Aug 23, 2007
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    USA
    So it's pretty hard to find the perfect car unless you build a new spec. That said I would absolutely agree with you color choices. Considering most first time owners keeps those cars an average of 16 months it's a decent idea to get color combo that will appeal to the masses unless you don't care about getting money back when you are ready to get another car. I would avoid odd seat colors or various color stripes in the seats IMO. Some love them other hate them. Color stitching is nice and popular. I'm not sure why dealers or FNA even consider the shields an option as every car I've ever seen after 2003 has had them. They should just add the cost to the base price.

    For me I'm big on carbon fiber look inside and out so most of my big $ options went that route. I m clear that most of this money is not made back on resale. Depending on your driveway slant/road types etc the front lift is nice to avoid front end damage, especially if you are not used to these types of cars. Other than that I'm a HUGE fan of the racing seats and the 20inch sport wheels. The hifi stereo is average. The Nav is a waste if money especially since we all have smart phones theses days which are faster and more accurate that any car Nav. (I think It's the only option I don't have??).
     
  5. ol1970

    ol1970 Rookie

    May 8, 2013
    25
    Ah yes...totally forgot to mention the thin spoke wheels as a must have as well. There is a car on Autotrader for $228k I think right now Red/Black LED/Racing Seats but a 2010...There is also one in Chicago I believe a '12 for $244 but Tan interior.

    You all bring up good points...Nav is not needed but back up sensors probably should be a on the short list. I had not heard of the full racing option you mentioned...second hand you definitely get a discount vs. msrp on the options.

    Completely agree to make sure to get the "right" car and be ready to pull the trigger when I find it. Thanks for your guys' input!
     
  6. Richietheruler

    Richietheruler Karting
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    I have a feeling that by October 2010/11 458 resale values are going to be around 180k

    I say find a base car and go on a scavenger hunt for the pieces you want, seems more fun that way like going to Yogurt Land :)
     
  7. Richietheruler

    Richietheruler Karting
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  8. dalundin

    dalundin Rookie
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    The carbon fiber racing package is what I have. It consists of the carbon fiber steering wheel with LEDs, plus carbon fiber dash inserts and center bridge. It runs $13,288 and then makes the carbon fiber racing seats mandatory at other $8,000 I think (the seats are part of my "other options" on my sticker (when they run out of room) so I'm not sure of the exact cost but sure someone here knows. Also if you get the lift the AFS lights are mandatory but again also an extra $1983. I know the Mayor has lots of thoughts on this pricing crap that we all have to deal with (and he's right, but its the price to play.

    Really unless you are going to get the 2012 or newer with the 7 years of maintenance included I see no advantage of getting a 2011 over a 2010. You can always get the car CPO certified and buy a power cube warranty for around 6,000/year.
     
  9. dalundin

    dalundin Rookie
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    That is a pretty base car (except the electric Daytonas) probably an MSRP around $240-245 with a lot of miles. In reality the higher miles likely means the car works well but you'd definitely want to get it checked out by a authorized dealer to see if CPO is available. I could see this making a great track car at a decent price (although you could probably get them down to $175-180) if you are aggressive and have $ in hand. Harder to negotiate online....My 2c
     
  10. Richietheruler

    Richietheruler Karting
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    If this was a fragile 1980s 1990s Ferrari the milage would be an issue but if a 2010 458 italia is not seen as reliable as a BMW M6 ferrari needs to change that stigma which the Cali isa good example of. 30k-60k over 5 years should never be considered high miles for a car thats meant to be enjoyed.
     
  11. TheMayor

    TheMayor Ten Time F1 World Champ
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    2010, minimal option car with almost 37K on it.

    Not bad if you want have one to drive around a lot. Most of the mileage depreciation is gone. Nice to see one with that kind of mileage. With 37K the seat leather in the driver's seat HAS to be repaired.

    In contrast you can get a 2012 Mac 12c with 5K miles for the same price. Honestly, probably the Mac is a much better value for this amount of cash.
     
  12. joesmailer

    joesmailer Rookie

    Feb 22, 2014
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    Traded in a '12 Maserati MC. For a '11 458. 3500 miles.

    Ferrari 458 Italia | eBay

    Adding CF in and out. Painting the roof, door handles black matte. Painting all lights black. Swapping wheels for Vorsteiner's as well. Plus installing Escort and Laser diffuser.

    Can't wait!

    Best,

    Joe
     
  13. Richietheruler

    Richietheruler Karting
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    Blasphemy! its not as good! Its not a 458! And 2010 458 is still better than a 2014 Mac 12c
     
  14. TheMayor

    TheMayor Ten Time F1 World Champ
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    I said better value for money. I didn't say better.

    It's not blasphemy. Many here own both or have had both.
     
  15. Richietheruler

    Richietheruler Karting
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    A GTR is better value for money so is a BMW M5 even a 2006 SLR but when you only desire a 458 italia the only comparissons of value for money that is appropriate is another 458 italia variant.
     
  16. TheMayor

    TheMayor Ten Time F1 World Champ
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    Not a fair comparison. Everyone knows the 12c and the 458 are direct competitors. Certainly McLaren and Ferrari do.

    In fact, the Gallardo should also be tossed into the sub 200K used exotic car mix if you're shopping. You might end up back at the 458 --- and then you might not.


    A 2012 12c still under warranty with 5K miles IS a better value for $190K than a 2010 458 out of warranty with 37K miles.

    That's rather hard to argue. That doesn't mean you should buy the 12c. It just means its a better value.
     
  17. diSCUDsted

    diSCUDsted Formula Junior

    Feb 23, 2010
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    Better how?
    Yes, maybe with 35-40k miles. Otherwise, not a chance.



    Love the seats! Would be perfect if Cavalinos on headrests were finished in red as well!

    Exactly
     
  18. Richietheruler

    Richietheruler Karting
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    Better How? Lol if I want the color red, yellow will never be better. If all I want is a 458 then a 12c should not come into the equation unless the MP4 12c can transform into a ferrari.
     
  19. carcommander

    carcommander Formula 3

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    Not much value in any of these cars. Buy what you like. I think CF steering wheel and thin spoke wheels are a must. Seats are what ever you like.
     
  20. diSCUDsted

    diSCUDsted Formula Junior

    Feb 23, 2010
    997
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    I see you are clearly a Ferrari only fanboy.
    Yes, the op is looking for a 458. But just because another member mentions a 12C, doesn't open it up for you to knock it and say the 458 is the almighty one and only.

    For many of us true car enthusiasts, we have an open mind to what all brands have to offer.

    I currently own a 458, and just came from a 12C.
    The 12C is... faster in a straight line, around a track, and better handling. Incredible car.. especially for the money of a used one as mentioned.

    Why the switch some might ask?

    Because I've always loved the lines of the 458. Missed my Scuderia which was previous to the 12C, and didn't want to risk losing a crap load on it even though I stole it just 6 months prior.
     
  21. Richietheruler

    Richietheruler Karting
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    You completely missed the point. You can't put oranges in my apple pie and tell me its better value for money when all I want is apple pie so if All I want is a 458 then a 12c can never be better for me, get it? You can apply this scenario to the last meal you enjoyed and This isn't about me and I'm not a ferrari fanboy the 458 is the only thing they got right.
     
  22. KYROCKS

    KYROCKS Formula Junior

    Mar 19, 2013
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    Holy crap. You need to calm down. Buy a 458 and forget anyone mentioned a McLaren. Offended over nothing.
     
  23. diSCUDsted

    diSCUDsted Formula Junior

    Feb 23, 2010
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    Umm yeah. He's off his rocker alright! lol
     
  24. TheMayor

    TheMayor Ten Time F1 World Champ
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    It's really interesting how you can't mention the 12c here and get blasted by some.

    I think it's our responsibility when someone is looking at a high mileage 458 to get down to a specific price that they MIGHT want to look at something else at the same price point.

    That doesn't mean they should buy something other than a 458. It just means that in our opinion, for that amount of money there may be alternatives.

    I think I've been pretty clear in saying that the 12c is not my cup of coffee. But I know it is for others so --- what the heck.

    Buying a high mileage 458 (if you consider 37K "high") has its risks. Just to repair worn suspension parts could cost a fortune. You have to look at the CCB's, the condition of the engine and gearbox more closely, the service and repair records (which hopefully are extensive), and of course wear and tear on the body and particularly the interior (we all know the seat wear really fast).

    On the other hand, if you buy a 458 with 5K miles and add ten, you've tripled the mileage. If you buy one with 37K and add 10K miles, you've added only about 20%.

    So, if you're going to spend 180-190 for a 458, there's no harm in seeing what you can get for that price for a Lambo or 12c.
     
  25. Richietheruler

    Richietheruler Karting
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    My bad for thinkin it's weird to go off topic and compare apples to oranges, I thought this was ferrari forum in the 458 specific section thats specifically about the 458. If the topic was "what's the best used mid engine v8 available for under 200k" then you'd have a point.
     

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