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Updated MSRP / Actual Price Question

Discussion in '458 Italia/488/F8' started by clenart, Feb 9, 2013.

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  1. clenart

    clenart Rookie

    Feb 6, 2013
    6
    808
    #1 clenart, Feb 9, 2013
    Greetings

    I've enjoyed reading the informative posts here, and have searched for insight as I prepare to purchase my first F-car.

    My specific question today has not been addressed since 2010: what is the actual cost of a new 458 as it relates to MSRP?

    In 2010, the crystal ball was quite optimistic and by now 458s were imagined to sell for MSRP or less.

    I've just returned from my local dealer (the only one for many, many miles), and he was quite forthcoming: Italia is +25-30; Spyder +35-40.

    ~10% premium above MSRP for the privilege of purchasing, is this status quo?

    If it is relevant: it is my first ferrari and first dealings with this dealer; I am interested in taking advantage of the new service warranty versus buying and shipping a gently used model; I am in no rush to take delivery (I've waited many moons, and can wait a few more).

    Best Regards,
    c
     
  2. 2k7997tt

    2k7997tt Formula Junior

    Oct 23, 2007
    768
    Westlake Village, CA
    Full Name:
    John M.
    #2 2k7997tt, Feb 9, 2013
    Check out the classifieds.
     
  3. Russell996

    Russell996 Formula 3

    Sep 24, 2010
    2,263
    New Forest UK
    Full Name:
    Russell
    #3 Russell996, Feb 10, 2013
    I don't understand, are you talking about a car you order, wait x months/years, spec and then have delivered or are you simply talking jump queue and take delivery?
     
  4. skinguy23

    skinguy23 Formula Junior

    Jun 19, 2011
    612
    Midwest
    Full Name:
    Steve
    #4 skinguy23, Feb 10, 2013
    A new 458 that you order should cost sticker price and no more. A "new" car that you get from someone else (i.e previously titled) will cost you more than sticker usually. Older used cars can be had for less than sticker if they have a lot of options. Hope this helps
     
  5. Noblesse Oblige

    Noblesse Oblige F1 Veteran

    Nov 7, 2011
    6,114
    Three Places
    #5 Noblesse Oblige, Feb 10, 2013
    This is right. Ferrari fixes newly ordered car prices at MSRP and the market fixes used prices.
     
  6. RBK

    RBK F1 Rookie

    Jul 27, 2006
    3,105
    Calif and Nev
    Full Name:
    Bob
    #6 RBK, Feb 10, 2013
    Time or money. Want it now, you pay more, order and wait you pay MSRP. However, it has been my experience, if you are not in a rush, someone needs to sell a car and will close to MSRP. Problem is finding a car color/option combination and a price you like . Best
     
  7. Noblesse Oblige

    Noblesse Oblige F1 Veteran

    Nov 7, 2011
    6,114
    Three Places
    #7 Noblesse Oblige, Feb 10, 2013
    Not too long ago I saw a demo Spyder go for 50K over MSRP. Figuring a year wait for an MSRP car, this corresponds to a ~ 15% discount rate. Time is money -- big time with FCars.
     
  8. carcommander

    carcommander Formula 3

    Sep 28, 2006
    1,705
    Southeast
    Full Name:
    Jim
    #8 carcommander, Feb 10, 2013
    7 months ago I bought a '11 nearly exactly as I would have ordered it, with 150 miles. I paid very close to sticker. A new one would have been 40k more and a year off. Also my 599 that I traded in would have lost an additional 30k or so. Spyders command a premium.
     
  9. clenart

    clenart Rookie

    Feb 6, 2013
    6
    808
    #9 clenart, Feb 10, 2013
    Thank you all for the helpful replies.

    The dealer in my area is telling me that I will be paying an extra 25-40k above MSRP for a car that I queue up for, order, and wait.

    After making a partially refundable deposit, I'm put on the list. When my name comes up for the final order, I pay some more and the build begins. On delivery, I pay the rest. The final bill will be above MSRP. That is the part that seems odd to me. It's not like an extra fee to jump to the top of the list. It's also not an extra fee to buy a new/demo that is on the lot and that I can drive away in. I'm ordering the car and he's charging me extra.

    I am familiar with the basic economics of purchasing a Ferrari, and his additional fee above MSRP seems out of line. By the time I take delivery, some new model could be out and I'll still be paying an additional premium.

    Has anyone heard of another dealer still behaving as though it's 2010?
     
  10. Jdriver

    Jdriver Formula Junior

    Oct 19, 2011
    375
    Massachusetts
    Full Name:
    Joe
    #10 Jdriver, Feb 10, 2013
    Paying a premium over MSRP for a car you are ordering directly through the dealer is generally not done in the US ( can't speak for orders outside the US). If your dealer is charging you over MSRP I would question him about it. If you live more than 50 miles from the nearest dealer I think you can go to any dealer you want. I would call FNA and ask.
    Good luck.
     
  11. bcb

    bcb Karting

    Feb 27, 2010
    98
    SF Bay Area
    Full Name:
    Bryant
    #11 bcb, Feb 10, 2013
    Yes. If you're in the US, you should expect to pay sticker for a new car with the attendant wait, which is right around $290k for a lightly optioned coupe, more for a spyder. You should not pay more.
     
  12. bcb

    bcb Karting

    Feb 27, 2010
    98
    SF Bay Area
    Full Name:
    Bryant
    #12 bcb, Feb 10, 2013
    I'm including sales tax, btw, which is enormous in Ca, with no trade offset.
     
  13. PhilNotHill

    PhilNotHill Two Time F1 World Champ
    Owner

    Jul 3, 2006
    27,855
    Aspen CO 81611
    Full Name:
    FelipeNotMassa
    #13 PhilNotHill, Feb 10, 2013
    Mileage from the dealer varies. I am 180 miles from my dealer and still in their territory. Probably less miles where dealers are more densely located.
     
  14. nexlogic

    nexlogic Karting

    Apr 26, 2012
    116
    California
    #14 nexlogic, Feb 10, 2013
    A dealer within my proximity had asked to essentially pay a premium to get an open slot to build a new 458, then the car would be sold at MSRP. I asked why? Because according to them, there is a waiting list of guys who are willing to pay for it. I think there has been a thread or two about this sort of practice (capitalism, relationships, blah blah).

    I ended up going with another dealership: ordered a used 458 Coupe at over sticker and recently placed an order for MY2013 @ MSRP.
     
  15. RBK

    RBK F1 Rookie

    Jul 27, 2006
    3,105
    Calif and Nev
    Full Name:
    Bob
    #15 RBK, Feb 10, 2013
    You may have been "slotted" in, i.e. someone ordered and backed out, so instead of starting at the back of the cue, you have "bought" a place in line further along than would be the case otherwise. When I began purchasing Ferrari's, I paid a hefty premium to be given such a slot. After that, I get calls from the dealer letting me know what is avilable. My most recent car , a 458, cost MSRP, was flown over. I got the call in December, finalized options in January and was driving by the end of February.Best
     

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