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488 Rookie question.....thank you for any advice/help

Discussion in '458 Italia/488/F8' started by Richris1, Jan 9, 2021.

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Buy the 2016, buy the 2019, either will be fine

  1. 2016

    2 vote(s)
    5.6%
  2. 2019

    28 vote(s)
    77.8%
  3. Either will be fine

    6 vote(s)
    16.7%
  1. Richris1

    Richris1 Karting

    Dec 27, 2011
    138
    GA
    Full Name:
    RL
    Hopefully no rules broken...I posted in the general section as well, but thought it might be a little more specifically answered here.

    Looking to buy a 488GTB, The actual beginning price isn’t a huge concern. $234k-$258k.
    Looking at two cars.
    -Both at a Ferrari dealer, both similarly optioned
    -both are Ferrari CPO certified , both red
    -difference......one is a 2016, 359 miles. One is a 2019, 2100 miles

    So...is there an advantage to buying one versus the other?
    Will there be the same depreciation, relative $ wise, when it’s sold/traded for the next F-car.
    Will probably be kept for 2yrs, putting on maybe 2-4K miles before moving on to the next.
    Feel free to give your choice if you were buying...and...
    Thank you in advance for any advice/help.
     
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  3. gernothofer@gmx.at

    Jul 24, 2017
    35
    for me, production year is totally irrelevant as there are no differences concerning tech or build quality. Also the diffference in mileage is irrelevant, thats 3 months of driving for me ;-)
     
    VAF84 likes this.
  4. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    11,058
    South East
    Full Name:
    Jimmie
    359 miles in 5 years is too few
     
  5. SoCal to az

    SoCal to az F1 World Champ
    Silver Subscribed

    Nov 25, 2012
    10,029
    Arizona
    I’d buy the 2019 with 2100 miles. The 16 car has been sitting around and who knows what gremlins are there?
     
    tomc, GT2goneF, Gh21631 and 1 other person like this.
  6. Ngcanada

    Ngcanada Karting

    May 16, 2016
    193
    Ottawa Canada
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  8. buddyg

    buddyg F1 Rookie
    Rossa Subscribed Silver Subscribed

    Sep 20, 2004
    3,245
    West Michigan
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    Buddy
    Yep bad things happen when cars sit, much rather have the 2019 that has been driven.
     
  9. Caeruleus11

    Caeruleus11 F1 Veteran
    Rossa Subscribed

    Jun 11, 2013
    9,678
    Just between those factors its a no brainer for the 2019. The 488 is not a museum piece, so the delivery miles makes no sense. Model year really does affect depreciation and I think 2019 is the last year for 488 GTB. The miles means the cars been driven and thats a good thing.


    Sent from my iPad using FerrariChat
     
  10. jomarti1

    jomarti1 Karting

    Feb 27, 2017
    76
    S. Florida
    Agree,, The driven car should be better.
     
  11. Art138

    Art138 Formula Junior
    Rossa Subscribed

    Nov 22, 2007
    847
    Ft. Lauderdale
    Regardless of Mileage I would opt for the 2019 GTB...last year produced.
     
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  13. mdrums

    mdrums Formula Junior

    Jun 11, 2006
    865
    Tampa
    Full Name:
    Mike
    2019 is the way to go no matter the mileage. 1/4 miles tests have shown Ferrari did something with the 2019 model to pump it up a little too. Plus the ones you’re looking at...300 miles on a 6 year old car is a issue..way to few. Cars need to be driven
     
  14. AClark

    AClark Formula Junior
    Silver Subscribed

    Jan 22, 2017
    279
    USA
    FWIW
    You can add 2 year warranty extension on the 2019
    You can only get New Power warranty on the 2016

    if that matters to you...

    Both will put a smile on your face!

    A
     
    Mighty Joe, Art138 and docster like this.
  15. Richris1

    Richris1 Karting

    Dec 27, 2011
    138
    GA
    Full Name:
    RL
    really appreciate the advice! Thank you
     
    mdrums likes this.
  16. GT2goneF

    GT2goneF Formula 3

    May 28, 2020
    2,044
    Southern California
    Totally agree, plus have a few more years of maintenance and one of warranty in you decide to keep it a little longer.
     
    LVP488 and docster like this.
  17. Mighty Joe

    Mighty Joe Formula 3

    Sep 3, 2010
    1,091
    Atlanta, GA
    Full Name:
    Joe
    Either way you'll love the 488......
     
  18. MANDALAY

    MANDALAY F1 Veteran
    Silver Subscribed

    May 23, 2013
    5,534
    AUSTRALIA
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    ANGELO
    Also with new Ferrari Policy the 7 years free service from Feb 2019 if the computer says no oil change , well it wont happen. See if that is an issue with the 2019.

    Also with the 2016 you cant get full warrantee 2 year extension only power and there is a big difference.

    Why get the older car unless its way cheaper than the 2019.

    LOOK UNDER THE CARS ALWAYS. Look for scraps.
     
    GT2goneF likes this.
  19. c8spidey

    c8spidey Karting

    Dec 10, 2018
    147
    westchester county ny
    Full Name:
    lou g
    My opinion is even a crystal ball cannot accurately predict the future value of any car.Factors such as how many 2017,18 or 19 488s' hit the market in 2 years how much they've depreciated.Most of the loss of resale usually occurs during the first year so the 2019 seems like a good value even considering the miles.
    Hopefully the previous ownership is available to you and that and a visual touch and see of both cars, and choose the one you just prefer.
    I believe there's just not a black and white answer.
     
    GT2goneF likes this.
  20. GT2goneF

    GT2goneF Formula 3

    May 28, 2020
    2,044
    Southern California
    LOL, you are definitely traumatized with the under surface of the cars.
     
  21. MANDALAY

    MANDALAY F1 Veteran
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    May 23, 2013
    5,534
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    Ha make a point at getting on my hands and knees looking under. Funniest thing is i see scratches all the time and even on cars that have the lift.

    Out of sight out of mind yes but explain that the valuer.
     
    GT2goneF likes this.
  22. Il Co-Pilota

    Il Co-Pilota F1 Rookie
    Rossa Subscribed

    May 29, 2019
    4,026
    Copenhagen
    Full Name:
    A.B
    Not sure how to avoid road rash on the plastic belly pan on a driven car. The diffuser fins also take the occasional hit coming off a crest etc. Wear items.

    Sent from my SM-G930F using FerrariChat.com mobile app
     
  23. Richris1

    Richris1 Karting

    Dec 27, 2011
    138
    GA
    Full Name:
    RL
    Thank you all, points all well taken. The ‘19 will be the one.
     
    GT2goneF likes this.
  24. Viperjoe

    Viperjoe Formula 3
    Silver Subscribed

    Comparative options please!
     
  25. Richris1

    Richris1 Karting

    Dec 27, 2011
    138
    GA
    Full Name:
    RL
    Hi. Done with all the homework and due diligence, and I’m going with the ‘19
    Here’s the options ...
    Image Unavailable, Please Login
     
    GT2goneF likes this.
  26. Chasing Ferrari

    Dec 18, 2016
    47
  27. LVP488

    LVP488 F1 Rookie

    Jan 21, 2017
    3,488
    France
    Sensible choice, the 2016 should be way cheaper than the 2019 to be a good option - having virtually no mileage is not an advantage (when it's so low it could actually be a cause of problems).
     
    GT2goneF and MANDALAY like this.
  28. MANDALAY

    MANDALAY F1 Veteran
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    May 23, 2013
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    ANGELO
    Same here a 16 < 500 kms for sale 2 years high price and since over 30 488 GTB 's sold.
     
    GT2goneF likes this.

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