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488 Pista Value

Discussion in '458 Italia/488/F8' started by customryder, Nov 29, 2019.

  1. SoCal to az

    SoCal to az F1 Veteran
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    Nov 25, 2012
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    Don’t confuse Pista values in Europe and US. Totally different ball game.

    Euro specced cars came standard with all sorts of carbon and a much lower msrp.
     
    SECRET, ferry430 and Thecadster like this.
  2. Mickyd329

    Mickyd329 Rookie

    Mar 3, 2019
    44
    Orange County Socal
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    Mike
    Would lower spec Pistas be easier to move on resale? Would higher spec cars command a higher premium? Just curious what everyone's perspective is.
     
  3. Gh21631

    Gh21631 F1 Rookie
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    Feb 24, 2011
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    Personally I would only consider a spec with the exterior and engine carbon options. If you are spending this kind of money then get you what you really want - this isn't a bargain shoppers car.
     
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  4. Solid State

    Solid State F1 Rookie
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    Feb 4, 2014
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    Its interesting how market observers bark out there is little to no ROI on CF upgrades yet those that want these cars are willing to pay more for the paint and CF that makes the car feel special. The common ground is more like min spec cars are for flippers and those that are stretching to get a chance at an exotic without doing too much perceived financial damage. My opinion lies close to yours. Pay the price to get the car you love in the spec you really want.
     
  5. Carrerarsr

    Carrerarsr Karting

    Sep 29, 2014
    202
    Germany
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    Frank
    So according to the Gooding auction in Scottsdale today the true value of a pista is 360.000 usd Hammer price. Estimate was 475.000 to 550.000 with 50 mls on the clock.
     
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  6. IPO1

    IPO1 F1 Rookie

    Dec 23, 2015
    3,333
    #106 IPO1, Jan 18, 2020
    Last edited: Jan 18, 2020
  7. kimwizzzuuu

    kimwizzzuuu Karting
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    Aug 26, 2018
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    I was really looking at the 205k 675LT! What a deal.
     
  8. SoCal to az

    SoCal to az F1 Veteran
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    Nov 25, 2012
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    add the 10% juice and you are close to 400k. I was going to go today but didn’t. I didn’t have a chance to see the spec whether it was bare bones or fully loaded.
     
  9. C50

    C50 Formula 3
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    Aug 19, 2016
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    appears no carbon
    Light spec low msrp

    “This 2020 Pista is finished in classic Rosso Corsa (Racing Red) over a special order Blu Scuro (Dark Blue) interior and was delivered new in October 2019. With a total suggested retail price of $382,669, this Pista was specified with numerous additional options including a two-tone racing stripe, Alcantara carpet, yellow brake calipers, colored safety belts, black ceramic exhaust pipes, radio navigation system, and the racing seat lifter system to adjust the driver seat height.”
     
  10. BG23

    BG23 Formula Junior

    Jun 16, 2015
    409
    Australia
    Looks like no external carbon at all.
     
  11. IPO1

    IPO1 F1 Rookie

    Dec 23, 2015
    3,333
    So went for $22K back of sticker--before fees.

    Carbon or not (I get the argument of 'importance' but F it), someone is enjoying.

    Congrats to buyer.
     
  12. Jo Sta7

    Jo Sta7 F1 Rookie
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    Oct 13, 2015
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    I think high $300’s is a good price for a Pista.
     
  13. kimwizzzuuu

    kimwizzzuuu Karting
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    Aug 26, 2018
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    Basically the buyer pay MSRP for this pista, the seller lose some cash.
     
  14. Gh21631

    Gh21631 F1 Rookie
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  15. SoCal to az

    SoCal to az F1 Veteran
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    Nov 25, 2012
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    That’s the estimate.

    382 is bare bones. Buyer technically paid over msrp with the juice but this is not a desirable spec.

    I’m not usually an advocate for a bunch of carbon but on a semi limited car like the Pista, I think you need it.
     
  16. Gh21631

    Gh21631 F1 Rookie
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    Feb 24, 2011
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    I didnt see that it sold, it says asking price? Perhaps I missed it.
     
  17. Carrerarsr

    Carrerarsr Karting

    Sep 29, 2014
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    Germany
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    Frank
    Its a no sale since it only went up to 360 k. So they try to sell it after the auction..
     
  18. IPO1

    IPO1 F1 Rookie

    Dec 23, 2015
    3,333
    Oh...original poster said it hammered at $360.

    Anyways...
     
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  19. Gh21631

    Gh21631 F1 Rookie
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    Feb 24, 2011
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    That particular car has been for sale for a while. I recall seeing it priced super low, just run the VIN. Apparently no one wants a base Pista which is understandable.
     
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  20. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
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    $360K 'high bid'...hmmm
     
  21. johnr265

    johnr265 Formula Junior
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    Jul 1, 2010
    341
    Mid-Atlantic
    Hmmmm, am I missing something? I've had a 488/variant for 1 1/2 years and had no problems with the door handle or keyhole. To what 'disaster' are you referring?
     
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  22. IPO1

    IPO1 F1 Rookie

    Dec 23, 2015
    3,333
    New Corvette C8 VIN 0001 just hammered at Barrett Jackson for $3M (by Hendrick...thanks to the suckers paying $950 'doc fees') :D;)
     
  23. SoCal to az

    SoCal to az F1 Veteran
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    Nov 25, 2012
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    that dude always pays stupid prices every year. Wouldn’t be surprised if corvette is giving him the money for publicity to buy the cars.
     
  24. IPO1

    IPO1 F1 Rookie

    Dec 23, 2015
    3,333
    I know, I know. I get it and nice tax write off for him as for charity...was making light of $360K Pista 'non-hammer' price :rolleyes:

    Plus as one of the largest GM dealers he gets to kiss Mary Barra's ass live.
     
    SoCal to az likes this.
  25. ipsedixit

    ipsedixit Formula Junior

    Ok, ok, I'll come clean.

    I just bought a Pista, and paid a significant premium, including my left testicle and my second born. I bargained hard. Seller wanted my first born, but got it down to the second. So I figured I came out ahead. But now I feel totally suckered.

    I am an idiot.
     
    Pis7a2020 likes this.

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