Starting to see a lot more cars on the market

Good for luxury items. Middle and lower income people generally get screwed during these times, wealthier people just buy **** on sale.

 

I disagree with how this article is being interpreted. But maybe it is me interpreting it wrong.

The volume of 500k sales will grow. Sure. I can believe that. They pretty much always do. I mean costs are way up and the mega wealthy don't car if it's 450 or 650. They want it. They have the cash. They can buy it. Also expanding a small number is easy to do. Expanding a large number is far more difficult.

I also think they are interpreting the EV stuff all wrong. But... That's just my opinion and I'm an idiot.

Europe and the WEF are going to try to cut the nuts off this segment. Just ... You .. watch...

 

Another factor is that people are sitting on a ton of cash waiting to see how things are gonna play out. At some point people will be spending again.

 

Agreed. I’m sitting on cash for a “discount” 458 next year. Guess we’ll see..

 

458 will be stable. 488..big..big drop..

 

I’ll be curious to see where 488’s land in the near future for sure.

 

812s have softened and amole unlisted inventory available

 

To me the 488's are going to take a big hit. They are the middle child. Not a 458 and no where near as good as the F8. Pista excluded.

 

Too many around. Big problems starting to show..turbo failures, gearbox issues, engine management problems, electrical problems abound..people will not want to take on such a massive risk.

 

Those numbers still look abysmal when compared to 2019. Like truly deflated, and we're heading into a recession, and interest rates are now 4% higher than 2019. I'd say there's some cause for concern.

 

Do many of these problems pass on to the Pista?

 

The Pista does have the every 3-4 year $7000 battery replacement, maybe $4000 if you DIY, that's the regular 12v battery, it is super expensive..

Other issues on Pista, maybe, we'll see what others have to say (turbo failures are more frequent anytime someone goes non-OEM on them, keeps it more reliable if zero-mods to the turbos, no changes to boost levels, etc)

 

The Pistas that I see are mostly low milage garage queens. So I haven't seen much in the way of failures with those. But I'm sure that will change. My experiences with the newer Ferrari products have not been great.

 

There might be a critical period for most recent used Ferrari - when they become old enough to get into troubles, and not old enough to have had them already sorted (or to become accepted as part of an older car).
The 488 may enter this period right now - and the 458 may begin to go out of it. The 458 to F8 basically share the same gearbox, so if the gearbox is problematic, it's the same for all. And the 488, Pista and F8 have more or less the same turbo installation.
This being said, I do not buy the affirmation that a 458 or an F8 is more reliable than a 488. The 488 and F8 just have the added possible turbo failure, currently more likely on the 488 because it is older.
But in a few years, 488 and F8 should be treated similarly (of course the most recent car could have a slight consideration advantage) because they are actually very similar; the improvements on the F8 are minimal. While the F8 is still almost new (and still gets the premium associated to the latest model) compared to the now aging 488, when both will be clearly outdated the differences will account for what they objectively are - which is not much.
The 458 may maintain a different market assessment because it's not turbocharged, but on the other hand there's a huge performance gap between the 458 and 488, unlike between the 488 and F8. And for the time being, in Europe the 458 typically sell for less than the 488 (one can check the offers on mobile.de to get an idea).

 

Turbo failures. Somebody here mentioned this as a hot potato situation when they were announced.

 

Turbos are a consumable item. And add the Ferrari tax..that is a major repair most will not want to put up with.

 

What is the every 3-4 year battery replacement that costs $4-7000??

 

https://www.ferrarichat.com/forum/posts/148672169/

https://www.ferrarichat.com/forum/posts/148672706/

looks like the battery cost have come down recently but still high:

https://www.scuderiacarparts.com/part-finder/ferrari/488/oe/420/3916/69101

https://www.eurospares.co.uk/Ferrari/488/488_Pista/PartDiagrams/0176/BATTERIES

 

Mercedes and BMW are in the game with these lithium batteries now. Just hanged one in an AMG GT $2500. People are really going to get tired of this nonsense. They all ready are.

 

Ridiculous! Ten times the cost for a disposable item.

 

Thanks so much for linking the info for me. I’m guessing many others have this problem. I thought newer would be better but seems like new car new problems.

 

I was having my motorhome worked on and asked about the lithium batteries.

$1,700’each times six.

I’ll just run the generator.

 

Is agm lithium?

 

No. AGM = Absorbed Glass Mat. The acid is stored in glass mats so no adding water and can sit in different positions. Better than traditional lead/acid. More practical and a fraction of the cost than lithium as an engine starter battery.

 

Artificial Intelligence agents like ChatGPT will answer these kinds of basic questions much better than a Google search can. Assuming people would make use of it. Here's an example using ChatGPT. Talking about change...Google is the new IBM on it's way to becoming irrelevant. They completely missed the bus on this.


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