488 Suggestions for 488 price

This is certainly straightforward.. if you want a used car that has not been driven (which could be a bit of a negative for fluids/tires/etc.) then you pay a big premium for a low mileage car. This is a standard series production car, and putting miles on it will quickly decrease the value to be more in line with the rest of the 488s on the market. This is a personal question. I wanted to put miles on a car so I bought one that already had miles.

 

my 17 spider had 19,000 miles less than 2 years ago and i paid 320k

seems like 290 is a steal

 

That was 2 years ago. There are currently ~100 488 Spiders on the market priced between $235K (25K miles 2017) and $340K (1K miles, very optioned cars, 2019 model years, etc.)

260K for one with 20K miles seems to be the median option and logical if planning to drive it. Paying a premium for options you love isn't crazy either though. It's just all personal preference.

(Ignoring cars with Accidents)

 

stop trying to ruin my day lol

 

Thats was my entry price for Ferrari ownership at the time. 18 Spider with 4k miles. Now with 18k on the clock.


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Is this a CPO car or not at a Ferrari dealer?

 

Yes


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I'd say $270k is probably more of market value but it's really hard to say with how wildly the prices and auction results have varied on these. If they are selling it for $290k they probably paid $260k for it.

 

I saw a number of high priced cars recently as well as some very competitive pricing. My own 2 cents is to determine color and what options are most important and get that. I think it’s better to wait a bit for something you really want. As above mentioned, prices are all over the place and in my experience that’s not new. Many of the cars are consigned with sellers that sometimes have unreasonable expectations. When I buy, I do my best to determine what I think market value (often different from what I think it should be) is and then make a reasonable offer. In the above case, if they want 320, I don’t think there’s much chance of getting it for 280, but you never know unless you ask. Good luck with your search and please post pictures when you get a car. This board is a wonderful community

 

Seems alright if you love the spec. I’m about to wrap up a deal myself for an f8. It’s a fun process and I think you’ll enjoy the car a great deal!

 

Warning-with mileage that low on a 2016 I would expect “teething “ issues. Seals, gaskets even the dreaded passenger turbo-heat cycling. Of course driving even a few thousand a year will rapidly decrease value. A few more miles have always served me better.