WTB Pista need guidance

You might use autotrader (website) and look for cars with "reduced price" to find those where the price is more flexible and offer 10% under current asking (regardless of original msrp) and tell them about your trade and see where it goes.

The future is far from certain, if you want to make the move, and you find a car you like, go.

I cannot imagine prices will take a remarkable downward turn, the Pista is the final non-hybrid V8-special version and there really are not that many for sale given the production numbers. But, those for sale, some have been on market for 6+ months, probably because people are waiting for a better deal...If you waited another year for a better price you are missing out on the experiences and that's time lost.

 

I just picked one up with 5900 miles mid 500k. I think I overpaid and I think mileage is too high, but I don’t care. The car is at least in my garage now. Mine was also pts so I don’t know if that 30k paint job really adds more to the value or not but I heard msrp was closer to 500. What’s considered low mileage or ideal mileage for these vehicles?

 

According to Autotrader there are 50 Pista coupes on the market right now. There could be others they are missing. This strikes most people as a fairly high number.

My experience has me thinking this is likely the most amount of Pista you will find for sale. What happens is after the initial 24 months of a Ferrari being the super hot one, they will often trade hands, there are many good reasons, but then they find homes where they tend to stay for a bit longer. And then there will be less on the market at any one time.

This is my way of saying I likely now is a pretty good time to be a buyer.

But don’t buy it if your purpose is to make money. Just get it because its awesome.


Sent from my iPad using FerrariChat

 

@8:10 for Pista specific discussion.

Take it with a grain of salt.

Good luck in your search.

 

Just anecdotal, but I am happy to share my experience. I purchased my Pista in May 2021. That was well before the run up in values, and I still paid over MSRP for a 200 mile example. There were about the same amount of Pista for sale then as there are now. I found 5 that I liked well enough to own, and made offers, one at a time, on each vehicle. I asked for about 8-10% worth of concessions and no one was willing to play ball. I ended up getting my car for a VERY small discount over the original asking price. As always, YMMV.

I think most everyone would agree that values are likely trending down. The direction and timing of the downward slope is nothing more than pure conjecture. The only way to find out how badly someone wants to move off a car is to present a serious qualified offer to the seller. Anything short of that is just a conversation.

 

Very similar to my situation.

I think the lesson here is ... find a car you like, buy it because you like the car, not because you think the car is a good (or bad) investment.

Market timing often ends up being marking time. As in waiting and waiting and waiting.

 

I bought mine in April of 2020 (same model year); I have been following the market meticulously since then. My observation has been that although there are many on the market it comes down to your choice of desired spec. In my case I wanted a specific color,adj suspension, radio and dream lines on the steering wheel and paddles. As I looked,the market became more crowded. After several F cars that I have owned-starting with a 82BBi,Scuderia and other exotics,the Pista won a Special place in my heart. My suggestion is to look for what your you want and don’t wait. It’s a great time to buy. Go for it.

 

I, too, have been looking at the Pista market for a bit. Seems like an odd thing happening right now - more inventory AND higher asking prices. Not the typical combo. The market is nuts right now - along with everything else.

Anecdotally...from watching Autotrader etc..asking prices where 500-550 where they're now more like 550-575 ish or so. Again, just anecdotally - haven't really done any scientific analysis.

Seems counterintuitive though. Due to inventory and market in general.

 

Again, the best thing to do is find a vehicle you like well enough to own, and then make an offer. If you have spec flexibility, you might be able to find a couple vehicles worth owning. If you are looking for a unicorn spec, you just have to decide how badly you want it.

 

Here is a sample of my interior although it’s leather. Image Unavailable, Please Login Don’t be picky about the engine bay with CF. If you find a good spec,after market vendors have equal quality pieces as good as OEM.

 

When I was shopping for my Pista, I really wanted leather.

Couldn't find one.

Now with alcantara, I'm glad I did not get leather. Alcantara just fits the ethos of the Pista so much better.

 

Totally agree regarding aftermarket carbon in the engine. Mine did not come equipped OEM with engine carbon. I acquired all the necessary pieces from MyRicambi. They were terrific to work with.

https://myricambi.com/products/488-series/488-pista/488-pista-enginebay-carbon-fiber-parts

 

@Thecadster ….You should post a pic of your Pista Interior - as I recall a very unique spec.

 

Good memory. It’s certainly not for everyone. I just kind of liked that in a sea of Nero interiors, this one felt really unique.

Image Unavailable, Please Login

 

I shopped Pistas hard before I ended up in an F8, so much so that I watched the market tightly.

There aren't many being sold, asking prices haven't come done on the websites, even though Pistas are taking a beating on BaT. A 100k option high miles went for 430 and then a 1k mile well-specced went for 515. So the real market is much lower than what the retailers are offering.

I don't know if you want a driver, but they can be had for under 475 with high miles and basic colors.

My suggestion to you is to buy on BaT, or negotiate a few you like against each other. A lot are coming up on 7+ months for sale and I assume dealers will be more apt to move as if it sits too long it's considered flawed.

 

pista is a great choice imo going with a pista get alcantara interior. when i spec my f8 i tried to give it a pista feel inside
Image Unavailable, Please Login Image Unavailable, Please Login

 

I love the garage, and time is probably on your side. You obviously have some excellent cars to keep you occupied in the meantime.

 

It appears you made the correct decision as most cars are stalling in this market and many dealers have had cars sitting for months. In essence, as Mclaren and Lamborghini have been doing price reductions, in time, Ferrari will follow. Surprising how a dealer didn’t jump on that offer in this market but as stated time is definitely on your side.




Sent from my iPhone using FerrariChat

 

I don’t know about the logistics and paperwork of buying from another market, but here in the middle east Pista’s are in the $350-400k range.