Ferrari 458 2011 Questions | FerrariChat

Ferrari 458 2011 Questions

Discussion in '458 Italia/488/F8' started by Bgrewal21, Jan 8, 2016.

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  1. Bgrewal21

    Bgrewal21 Rookie

    Jan 8, 2016
    1
    Hey Guys,

    Looking to pick up a 2011 Ferrari 458 at my local dealership. It has about 10k miles and is priced at 220k. First off, maintenance and reliability of a 2011 good or bad? Second, is it overpriced, in my opinion it is by about 15-20k. Thanks for any feedback, sorry if these questions have already been answered, new to the exotic car market.
     
  2. Rbwiii

    Rbwiii Formula Junior

    Aug 9, 2014
    606
    Cali
    Full Name:
    BW
    What is MSRP....knowing that will tell you what is a good deal or not....
     
  3. ramluro

    ramluro Rookie

    Aug 8, 2015
    20
    Weston, MA
    Check out Ferrari of New England website. They have a 2012 458 with 7k miles for $220k, and a 2011 458 with 6k miles for $194k. Call them requesting the MSRP of these cars and then compare them to the one at your local dealer.


    Sent from my iPhone using Tapatalk
     
  4. ScottS

    ScottS F1 Rookie
    Owner Rossa Subscribed

    Mar 2, 2004
    2,933
    Winter Park
    Full Name:
    Scott S
    Value is in the eye of the beholder. If having a relationship with the Ferrari dealer is worth while to you for future purchases, access, service or events or other reasons then the premium you'll pay at any of these places is worth it. If not there plenty of independent dealers with lower prices.
     
  5. Randyslovis

    Randyslovis Formula Junior

    Jul 7, 2011
    897
    Atlanta, GA
    Full Name:
    Randall J Slovis
    A) the price is always negotiable.
    B) MSRP only matters so much. If it has options you don't want, I wouldn't pay for them. There are many $350K (when new) coupes out there. Doesn't mean the options should have bearing on what you pay if you don't want those things. Sad but true fact for people such as myself. I option up these cars nicely when I buy them. I know I will only see fraction back of what I put into my specific spec.
    C) Buying local as said matters. Especially if you think you will want a new one/another one down the road. However, it does't matter that much as many guys at your dealer have bought many more before you! They will always be higher than you in the pecking order. As long as you service the car at your local dealer, that is all they will care about. Lots of money in service and repairs!
    D) Only a car that you really want is worth anything more than "the market" says it is worth. At this price point, you have to get what you want in my opinion. Be it new or pre-owned.
    Best
     
  6. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,216
  7. tobewiser

    tobewiser Formula Junior

    Dec 23, 2015
    347
    Acworth, GA, USA
    Unlike anything else, the 'right' kind of options matters a great deal if you were to enjoy a complete experience driving a Ferrari. It's financially advantageous to buy a Ferrari preowned, however finding one with the right color, options, etc. is a different matter. So it depends on what you consider as a must have in your next Ferrari. Getting the best possible deal alone does not make you love the car; having all the right options and in the right color certainly will! When I was able to purchase my first 458 Italia early last year (I prefer the coup), the car was no longer available for order new from dealers. I spent 8 months searching for the right color (Giallo) with carbon fiber steering wheel/dash/interior, alcantera trim throughout, and most importantly, the carbon fiber race seats. I did find one eventually and it was a fair deal. IMHO, the carbon fiber steering wheel and the race seats are must have options in the 458; whereas the standard equipment does not provide the complete tactile response, especially on a track. (i.e., the standard seats are too cushy with unnecessary weight and electrical gadgets.)

    Best of luck with your search for the next LOVE!
     
  8. Cigarzman

    Cigarzman F1 Veteran
    Owner Rossa Subscribed

    This ^^^^^

    I couldn't have said it better.
     
  9. m.roberts

    m.roberts Formula Junior

    Nov 2, 2009
    907
    USA
    Don't pay a dime over 200k on a 2011, regardless of options. Way too many of these cars in the market. IMO 190k is the market on a 2011 coupe with decent options and mileage under 20k
     
  10. m.roberts

    m.roberts Formula Junior

    Nov 2, 2009
    907
    USA
    BTW, I recently sold my 2011 coupe, it was a great car, very few issues and anything that did pop up was under warranty. I would make sure to buy one that had over 10k miles IF you are buying it out of warranty, as hopefully any defects in parts or manufacturing would have presented themselves previous and thus have been fixed under warranty.
     
  11. m.roberts

    m.roberts Formula Junior

    Nov 2, 2009
    907
    USA
  12. leead1

    leead1 F1 Rookie

    Nov 29, 2006
    2,828
    Florida
    Full Name:
    Lee
    I have owned 3 Ferrari s and now own a 458. My 2010 458 which I bought in 2010 has been very easy to live with. It is very reliable, just like other cars.

    I think the 360 and 430 in their day were very competitive sports car. I would prefer one of those cars instead. Maybe as memories fade things seem better.

    The 458 is not as fast or powerful as some cars you can buy today. The Lamborghini Adventador with 720 hp or C7 Corvette Z06 to name two.

    I like the car but in my view the 458 feels soft in handling. The power is not a lot but the dual clutch transmission makes it an okay performer.

    It is a beautiful car and body fit and finish is very good. At least up there with the best cars offered on the market today.

    When I bought my 2010 458 $270K was the MSRP for the car. the rub was no one would sell you the car for that unless you ordered a car a waited 1 full year if you could get in their waiting list Que.

    Best

    Lee
     
  13. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,216
    what did u get for ur 2011? from a dealer or private party? what was miles and msrp?
     
  14. m.roberts

    m.roberts Formula Junior

    Nov 2, 2009
    907
    USA
    Sold to private party, it was highly optioned, like 315k+ msrp. Sold 205-210k range, miles were around 16k with 1.5 yr warranty remaining.

    I have found basically the exact same car, that could be bought back now for high 170s. Tempted to do it.
     
  15. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,216
    Yeh for 15k miles u can def get in the 170/180s
     
  16. vincep99

    vincep99 Formula 3
    Owner Silver Subscribed

    Jun 8, 2009
    1,938
     
  17. Need4Spd

    Need4Spd F1 Veteran

    Feb 24, 2007
    6,678
    Silicon Valley
    Any issues with a 2010?
     
  18. tfazio

    tfazio Formula 3
    Silver Subscribed

    Apr 20, 2004
    1,980
    Michigan
    I haven't seen anyone bring up warranty. To the original poster does the 458 come with a one year Ferrari warranty?
     
  19. tobewiser

    tobewiser Formula Junior

    Dec 23, 2015
    347
    Acworth, GA, USA
     
  20. leead1

    leead1 F1 Rookie

    Nov 29, 2006
    2,828
    Florida
    Full Name:
    Lee
    None. I had a hose come off the first week of ownership. Other than that small thing a perfect car.


    The warranty was 3 years not one year as posted. It could be extended past that for a fee.

    I did not do the extended warranty and the has been perfect anyway.

    best

    Lee
     
  21. tfazio

    tfazio Formula 3
    Silver Subscribed

    Apr 20, 2004
    1,980
    Michigan
    I was asking whether the used 2011 458 he/she was interested in was a CPO with a 1 year warranty. That could explain the price.
     
  22. vincep99

    vincep99 Formula 3
    Owner Silver Subscribed

    Jun 8, 2009
    1,938
     
  23. Estroso

    Estroso Karting

    Jun 16, 2015
    82
    Woodstock, GA USA
    Full Name:
    Jean-Luc
    Awesome! Show me one at that price.....I'm in the market!! :)
     
  24. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,216
    my post was half sarcastic. I've been told im crazy that I'm looking for 200k for my 3500 mile car yet we've established wholesale at the auctions are 170k and those are usually bottom of the barrel cars no one wants. good luck!
     

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