Msrp $378,000. Well optioned, red, even has carbon wheels. Clean, one owner, no accidents. 9000 miles, has another year of warranty left on it. I can get it at msrp. It seems like a great opportunity that will hold its value. I recently took a big hit after buying a new MC20 at msrp and losing 40k after 6 months when selling it (market tanked on the mc20). Ferraris of course are a much better car and investment. I just wanted to gauge you experts on this opportunity before I pull the trigger Cheers!
CarPlay Afs Susp lifter Carbon wheels, seats, rear diffuser, air vents, underdoor cover, paddles, driver zone Parking cameras The only thing it’s missing is the upgraded sound system (to me). I don’t care for the carbon wheels, but they are amazing
Cars are NOT investments. They are depreciating assets. With the current trend in the car market and economy I would plan on your taking a loss when you go to sell it down the road. If your sole purpose of buying the car is to make (or not lose) money you should skip the purchase. Otherwise buy it and enjoy it. Life is too short and it is a hell of a car.
Definitely not trying to make money on a car. But I also don’t believe in paying 80-100k over msrp. That’s a straight waste of money (to me). This seems like a good opportunity to finally join the Ferrari family without getting an older model or paying an inflated price from my local Ferrari dealer
The title says it all. Should is a variable word. Do you love it? Is it a “good” value ? Looks like a great car. Driven and reasonably specced. Remember the should part has many domains. The funny thing about never selling a car is it doesn’t matter what the value is. To me in a pre-Covid market 9000 miles is a significant discount off of MSRP. In this case you’re using it to offset the market pricing of up to 100k over. The question is does it matter to you. I would price in with your expectations the idea when the inflated market calms you will have at least the same hit if not more as your mc20. But it’s only money. If you had phrased the thread as “ should I buy THIS F8 to mitigate possible depreciation in the 3 year window of ownership perhaps you’d get different responses. We see your trading more miles for new car and access. Seems reasonable to me but is it to you ? Yes. You should buy this car. Sent from my iPhone using Tapatalk
How did you get an MC20 6 months ago? That would have been August. Did the MC20 hit showrooms last summer?
Yeah you will definitely lose money on this car, but with that said, it sounds like a very nice spec, and there do seem to be a number of things going in your favor: - The older higher mileage car will be sitting on the flatter part of the depreciation curve. - They arent making any more F8s so that will help keep supply/demand in your favor (vs the MC20 where sounds like you might have bought at low supply and sold when supply was high) - The newer 296 is a very different car and at a higher price point which should help support demand for F8's - if inflation keeps up this will blunt depreciation from a nominal standpoint - The F8 is an awesome car, and once you own it all thoughts of ever selling it will go out the window, making the above points on resale value moot
I got an allocation for one of the first ones. Paid msrp on a highly spec’d car ($310,000). Was impressed with it aesthetically but not the drive. They began to rapidly depreciate a few months later due to flippers and the crypto crash. I personally thought the car was overpriced as well. so long story short, yes it was the wrong car. Now I know ferrari is the right car and not to compromise.
well said. The price of 296 kept me away from ordering it, as I think the pista and f8 are far superior (for me) and a lower price point. Most of us on this forum have (lost) a lot of money on cars over the years. But I see it more as an opportunity cost and a calculated depreciating expense. I’m excited to move into a Ferrari next
9k miles are a lot in F8 world. If you look on Autotrader likely only a handful of the 80 listed have that many miles. I'd try negotiating that. Good luck!!
It sounds like a fair deal to me at MSRP. There is nothing for sale with low mileage at MSRP. And 4500 miles per year wouldn’t scare me away at all. My 2021 has 5500 miles and climbing. If you like the car and it’s well maintained buy it. This life we have is not a dressed rehearsal. Best, Kirk.
It depends on what you want to do if you want to keep it a long time and drive it I’d go for it as 9000 is a lot for a 2021 but these cars are bulletproof. All Ferraris starting with the 458 can be driven a lot ) I have a personal friend with 120,000 miles on his 2014 458 bought new However if you get bored quickly you’ll have to keep it a couple years and hardly drive it all (and that’s no fun) not to loose some cash on resale IMO.
With the advent of Ferrari EV cars around the corner the 10k mileage mark that once dictated “high mileage” will not down-swing price as it did previously. Although no one can predict the future,I believe the F8 will fair well. The old 10k mileage might be the new 20k. Looks like a good spec.
Thank you all for the feedback. I’m going to wait and find the exact 488 Pista I want, instead of trying to find a “better deal” by not paying over msrp on a used F8. I’ve changed cars so many times in the last 18 months, but the Pista will be a long term keeper.
If you’re buying because you’ll love and enjoy it, and don’t care if it depreciates….you’ve made the right decision!
beautiful yes. Amazing exterior and interior. I did not enjoy the drive. The car is far too light and feels uncontrolled. Plus the carbon frame made the cockpit very loud. Bottom line, at the price they are asking (260 msrp, 300+ with options), there are better options.
