Quick question about 458 Spiders... | Page 3 | FerrariChat

Quick question about 458 Spiders...

Discussion in '458 Italia/488/F8' started by 09Scuderia, Feb 8, 2013.

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  1. apbc2

    apbc2 Karting

    Dec 1, 2006
    53
    NY
    Yes it's a U.S. car. I only questioned it after you posted your window sticker. Strange.
    Also my VIN is lower than Kingmonkey's so I don't think it's a new thing.
     
  2. Randyslovis

    Randyslovis Formula Junior

    Jul 7, 2011
    897
    Atlanta, GA
    Full Name:
    Randall J Slovis
    Thought i had a brainstorm, but like most of mine likely more of a brain fart. But, I wonder if TSMG is the corporate owner of your dealership. Meaning, Ferrari of Atlanta is a d/b/a/ of S&W Sports Cars. So could TSMG be the corporate owner's abbreviation? Then the "secret money grab" (per The Mayor) becomes the very same but with "legitimate" initials. And "illegitimate" dealer mark up. If all cars at your dealership have it, that would lend credence to this theory. Or, if you know who "really" owns dealership, initials might explain fee.
    That's all I've got! And as usual, it is not much.
    Best
     
  3. StoneCold

    StoneCold Rookie

    Sep 14, 2012
    47
    London
    Full Name:
    Niall
    Simple supply and demand. Supply is low and demand is very high as 458 Spider is a terrific car. It will probably take another 12 to 18 months for that to tip, so if you're an early buyer who does n't plan keeping the car long term then probably won't lose too much. After that depreciation will be heavy.

    I had a 458 Spider on order in UK due for delivery Q3 2013 to join the F430 Spider I already own. I tend to keep my cars for extended periods. I cancelled my order recently when I found out that at least 35% of the 7000 cars Ferrari are making in 2013 are 458 Spiders. It's flattened the buy new Coupe market way beyond what the factory expected because unless you're Fernando Alonso you're unlikely to notice much difference in overall performance between Coupe and Spider. At that build rate for Spider they will be readily available in a couple of years and the full production cycle will be 10000+ cars.

    As I said phenonemal car the 458 Spider but not right for me to buy new as I tend to keep my cars at least 3+ years so don't want take all the depreciation. The way the 458 Coupe is currently depreciating on trade prices (ignore Ferrari main dealer 2nd hand prices) in UK, I might pick one of them instead and then switch to 458 Spider in a 2 or 3 years. Business head kicking in :)
     
  4. KINGMONKEY

    KINGMONKEY Formula 3

    Aug 16, 2008
    1,194
    San Diego / Roma
    Full Name:
    J K
    I think it means (Take-Some-More-Green) TSMG.I need to figure out something to get that Net up myself like PUSU Pay-Up-Shut-Up I will start that monday morning!!
     
  5. Randyslovis

    Randyslovis Formula Junior

    Jul 7, 2011
    897
    Atlanta, GA
    Full Name:
    Randall J Slovis
    Va bene Jeff
     
  6. Arnie

    Arnie Formula Junior

    Oct 5, 2011
    465
    New Jersey
    My 458 Spider car was delivered on January 31 2 weeks ago and it has the TSMG fee on the yellow window sticker of $1750.00

    So what is it?
     
  7. apbc2

    apbc2 Karting

    Dec 1, 2006
    53
    NY
    It's not the name of entity that owns the dealership. I know that name and it doesn't have anything in common. I looked at the sticker from my old 2010 Italia and it has "Prep & Del/TSMG fee of $2,100 on it. My old 430 spider sticker doesn't have it. All 3 cars purchased from same dealer.
    Only guess I can come up with is maybe "TS" is tri-state and perhaps there is an extra charge allocated to dealers in NY/NJ/CT (not sure for what--maybe advertising) and only cars in this market get the charge.
    Anyone else in the tri-state are have stickers like this? Again this is just a random guess.
     
  8. KINGMONKEY

    KINGMONKEY Formula 3

    Aug 16, 2008
    1,194
    San Diego / Roma
    Full Name:
    J K
    I texted my dealer he said he doesnt know what that fee is for he has never seen it before
     
  9. geochin

    geochin Formula Junior

    Jul 3, 2012
    306
    NJ
    Full Name:
    George
    I am guessing marketing/advertising cost pass on from dealer. How about "Tri-State Marketing Group"
     
  10. PhilNotHill

    PhilNotHill Two Time F1 World Champ
    Owner

    Jul 3, 2006
    27,855
    Aspen CO 81611
    Full Name:
    FelipeNotMassa
    TSMG = Tough S**t Motor Guy :cool:
     
  11. 09Scuderia

    09Scuderia F1 Rookie

    Nov 20, 2011
    2,819
    USA
    Full Name:
    Max
    Update for everyone. Working on the trade value of our Scuderia. Assuming I can sell to the dealer for a decent price....ordering the 458.

    This has been a very interesting thread. Excellent responses. It seems that the collective wisdom is predicting the bloom is off the 458 Spider rose in about 18 months and there after will depreciate. Has this been the pattern historically?

    Either way, assuming the Scud transaction goes smoothly....458 time.
     
  12. SmokeyJoe

    SmokeyJoe Karting

    Mar 4, 2012
    218
    ++++++
     
  13. SmokeyJoe

    SmokeyJoe Karting

    Mar 4, 2012
    218
    When mentioning access to information, you forgot access to money.
    If you want a Spider today and you have money, some people are ready to pay $400K for it. For them, the car is a bigger deal than the money and they don't want to wait.

    So I tend to agree with The Mayor: The market is always right with the caveat that you should only take into account actual price paid, not what's offered.

    I can put out my Spider at $800K tomorrow, but as the market is always right, the likelihood of selling the car at that price is minute.
     
  14. photonut

    photonut F1 Rookie
    Owner Rossa Subscribed

    Nov 16, 2007
    4,080
    Michigan
    Full Name:
    Joel
    personally, i would refuse to pay anything above $700K.
    just as a matter of principle! :D
     
  15. luvair

    luvair Formula 3
    Owner Rossa Subscribed

    Jun 4, 2005
    1,604
    I questioned the TSMG fee as beginning to price out a 458 - dealer said it is not a profit or commission to the dealership, but is fee that Ferrari charges for their own marketing. Never purchased a new Ferrari in the past, but to me, the order/configuation is too confusing.
     

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