488 Prices

Smart move!! Congrats.

 

I bought my 2018 488 GTB in Dubai, light options, 3100 Miles, as new condition never tracked, full PPF, at around 200K USD. I think its MSRP here in Dubai was 290-300K USD.
I noticed similarly specd 488 GTB with high milage 2016 Models approached around 150K USD. Spider version costs around 40K to 50K higher.

 

Huh? Not sure where your talking about. But here in the USA, some 458's are cheap around $150K not 488's! 488's are still in the high $220's to $240's for GTB's. $260's-$290's for Spiders!

 

There's no disdain about the 488 brother! Don't let some wannabe "I wish I had a Ferrari" keyboard tough guy make you feel different. The 488 is an amazing machine and in IMHO Ferraris best to date. Keep it, as the 488's and the F8's appear to be the end of an era! Hello Hybrid v6? We'll see.......

 

He's talking about Dubai.

In Saudi, UAE (Dubai) and other gulf countries, a great condition '16 488 will go for 150k$.. Spiders are a bit more

458's range from 100k - 120k$

I've seen even lower prices in Qatar.

 

Got it! But it begs the question: How much to ship a car from Dubai to the US? LOL

 

Wiring cash tomorrow on a 2018 488. First F car. Spent months studying market and trends and deals far and few. Prices of nice 458s are also up there. Like boats if you find the one you love don’t lose it over 5-10k.

 

Is this feasible? Can we import cars from Dubai into the US. Anyone familiar with the process?


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US to Dubai is easy and here people do it all the time however the opposite is not possible due to US restrictions as cars need to adhere to US specifications.
Its possible to export from Dubai to EU and some asian and african countries. Just confirmed this to a reputable exotic cars dealer.

 

Update July 2021, my dealer offered to buy back my car less 8 to 10K USD. A whole year and 5000 Miles more . He also told me prices went up so he could sell my car today at around 10 to 15K US more than what i bought it.

 

After the depreciation (near blood bath) the 488 has suffered two years ago, the market seems to be bouncing back in several places. In France apparently my 488 would be valued today the same as two years ago (being two years older now obviously) - I had the estimate when considering buying an F8 (which I eventually dismissed) and I am told I would get the same if buying a 296 now.

 

The entire exotic market is up....but the 488 in particular seems to have really bounced back. I was offered a clean non-red but loaded 2016 coupe with 7500 miles for 190k last year. That same car would likely have a 250k asking price currently

 

The question now is will prices start to go down a bit or is this the new normal.


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Just seems everything is up. Boats are same now too. Houses , cars, bikes ,boats food etc.