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What to pay for a 458 Italia Coupe

Discussion in '458 Italia/488/F8' started by 2HorseRace, Oct 10, 2019.

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  1. 2HorseRace

    2HorseRace Rookie

    Sep 11, 2019
    5
    Full Name:
    RR
    Hello All,

    First, I want to thank you in advance for your feedback.

    I have narrowed it down to 2 cars and both have approximately 3,000 miles and both are for sale by Private Owners.

    Car 1:
    2013 red exterior/black interior, 1 owner, clean title, all service records, and in good condition. The asking price is $209K and the original MSRP was $291K.

    Car 2:
    2014 white exterior/red interior, 2 owners, clean title, all service records, and in good condition. The asking price is $209K and the original MSRP was $287K.

    I absolutely love the white one with red interior but when I think of a Ferrari, red comes to mind. What should be the maximum I should be paying for these?
     
  2. FFan5

    FFan5 Karting

    Jul 7, 2018
    187
  3. 2HorseRace

    2HorseRace Rookie

    Sep 11, 2019
    5
    Full Name:
    RR
    Thanks FFan5! How did you come up with $199K? Based on mileage? Age of the car? Original MSRP? It would be great to get some insight into your thought process.
     
  4. Rosso328

    Rosso328 F1 Veteran
    Rossa Subscribed Owner

    Dec 11, 2006
    5,743
    Central FL
    Full Name:
    Paul
    A good friend of mine that has been in the car business for decades often throws out the statement “There is only one used car.”

    The first time I heard it I gave him an odd look, and he explained. Once a new car leaves the lot, it will never be exactly the same as any other car on the road. Mileage will vary. Maintenance will vary. Damage may or may not weigh in. And perhaps more relevant to Ferrari, “rare color combo” often means some godawful combination that is deservedly rare because only one nitwit in the world thought it would look good.

    No two used cars are exactly the same. Looking at recent sale prices will give you a feel for about where the market is. But I as well as many others will severely discount, or significantly bid up a car that appeals to me.

    So what should you pay for your next used car purchase? Exactly what you feel it is worth to you. And not a penny more.
     
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  5. Rosso328

    Rosso328 F1 Veteran
    Rossa Subscribed Owner

    Dec 11, 2006
    5,743
    Central FL
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    Paul
    Oh, and I’ve said it before but I’ll throw it in again for the heck of it...

    What is this fascination with original MSRP / sticker price? I don’t give a crap, frankly. If I was buying it new, of course. But if I’m buying it used, what do I care? I’ll offer what I think it is worth to me right now. Not what you paid for it however many years ago.
     
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  6. Il Co-Pilota

    Il Co-Pilota Formula 3

    May 29, 2019
    1,841
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    A.B
    Between 180 and 195. But I suppose that Barrett-Jackson would say 300...
     
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  7. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    12,033
    wholesale looks like 165 to 175 for them. id say offer 185 and see.
     
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  8. ryalex

    ryalex Two Time F1 World Champ
    Owner Consultant

    Aug 6, 2003
    21,660
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    Agreed, $185-195k is all the money.
     
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  9. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    12,033
    of no use other than: no options/some options/loaded
     
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  10. Rosso328

    Rosso328 F1 Veteran
    Rossa Subscribed Owner

    Dec 11, 2006
    5,743
    Central FL
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    Paul
    Which you would be able to determine by simply looking at the car.

    Also, some hugely high cost options are irrelevant to me, so an ad blaring “Huge original sticker price includes genuine alpaca fur trunk lining” means what, exactly?
     
  11. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    12,033
    you just answered you own question - to you it means noting. i always ask what the msrp is because its information, and i like more information than less.
     
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  12. Rosso328

    Rosso328 F1 Veteran
    Rossa Subscribed Owner

    Dec 11, 2006
    5,743
    Central FL
    Full Name:
    Paul
    Indeed, and that may be our difference. I’m always a big proponent of more data, but I don’t always believe that a data point translates to information.

    Anyway, I enjoyed the debate. Thanks!
     
  13. Viper830tt

    Viper830tt Karting
    Rossa Subscribed

    May 10, 2017
    99
    Agree around 185 or 190 is fair given mileage and private party sale. Id personally go red for the reason you mentioned. I think there are too many white ones. Congrats ahead of time and post pics!

    Sent from my SM-N920V using FerrariChat.com mobile app
     
  14. Caeruleus11

    Caeruleus11 F1 Veteran
    Rossa Subscribed

    Jun 11, 2013
    9,199
    Pay whatever you have to!
     
  15. 2HorseRace

    2HorseRace Rookie

    Sep 11, 2019
    5
    Full Name:
    RR
    All, thank you very much for your feedback and perspective. It is appreciated.
     
  16. Rory breaker

    Rory breaker Karting

    Apr 17, 2017
    157
    I think you ppl are optimistic with these offers :)
     
  17. IloveGT

    IloveGT Formula Junior

    Oct 17, 2015
    612
    Too true.
     
  18. dustman

    dustman F1 Rookie
    Rossa Subscribed

    Jun 12, 2007
    4,737
    Depends on options. $175k in this market.
     
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  19. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    12,033
    at 175k i wldnt even ask any questions...worth a shot but i dont think it goes for that
     
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  20. HoodyHoo

    HoodyHoo Rookie

    Jul 5, 2017
    18
    San Diego
    Full Name:
    Nathan Thompson
    OP check your PMs !


    Sent from my iPhone using Tapatalk
     
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  21. Tamahal

    Tamahal Formula Junior

    Mar 8, 2019
    332
    Full Name:
    TAMAHAL
    I agree, 2013 should be about $175-185k and 2014 about $185-200. I think the 7 year maintenance plan keeps the prices high.


    Sent from my iPhone using FerrariChat.com mobile app
     
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