Will cost of 458 spider ever go down | FerrariChat

Will cost of 458 spider ever go down

Discussion in '458 Italia/488/F8' started by irvineboy, Oct 24, 2024.

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  1. irvineboy

    irvineboy Rookie

    Dec 29, 2013
    18
    I have see these decade old cars appreciate

    https://www.cars.com/vehicledetail/e5bf64f3-8e28-48ae-a1a2-bf644b37699b?aff=share_other

    https://www.cars.com/vehicledetail/6c81744a-f865-4d3f-8fe4-a9941dae8ed6?aff=share_other

    I can’t believe they are close to $300k for nicer ones. You can get a 488 spider for the same price or even less. But yeah I know the turbo sound of the 488 doesn’t sound as nice as the 458. But newer tech and nicer exterior for about the same price. Anyone think prices of 458 will continue to appreciate?
     
  2. ryalex

    ryalex Two Time F1 World Champ
    Consultant Owner

    Aug 6, 2003
    25,720
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    Unfortunately for the 488, which is a great car in its own right, it appears that the market will prefer the 458 and then F8 the most over time. To the lay person the differences are subtle, but to me they drive quite differently. Despite the lower power, there is something easier and more assuring to push with the 458, the linear powerband builds confidence.
     
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  3. irvineboy

    irvineboy Rookie

    Dec 29, 2013
    18
    I’ve seen videos but personally have not driven any of the two. 458 seems to be easier to drive on a regular basis. But the premium they command right now. Time will tell.
     
  4. 3POINT8

    3POINT8 F1 Veteran
    Rossa Subscribed Silver Subscribed

    Jan 23, 2014
    5,158
    there's so many of them i don't see them being a collector but the market does seem to prefer them
     
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  5. irvineboy

    irvineboy Rookie

    Dec 29, 2013
    18
    Would anyone pay what they are going for now? How much were they pre pandemic?
     
  6. todd cloud

    todd cloud Formula 3

    Jun 21, 2019
    1,044
    Full Name:
    Todd

    Will the cost of 458 spider ever go down?

    No
     
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  7. 338Lapua

    338Lapua Formula Junior

    Sep 5, 2015
    829
    Michigan
    Full Name:
    Tony
    Pre pandemic the 458's weren't "cheap" either. The prices have come down from the pandemic high, but not much. Over the past few years, I have spoken to Ferrari dealers and well established exotic dealerships and all have said the same thing; they sell the 458's quickly when they come in. I purchased my 2013 Spider in 2017 and could probably sell it for what I paid. Keep in mind that mine had a MSRP of $393k so it is well equipped.

    Now, there will be some cars that sit because of various reasons (color combination, low options, etc.), but the 458 seems to be a car that many are looking for.

    Just my .02 and only my .02....
     
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  8. KnifeEdge2k1

    KnifeEdge2k1 Formula Junior

    Jun 1, 2022
    309
    Full Name:
    Dominic Leung
    As an owner, I sure hope not
     
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  9. Eilig

    Eilig F1 Rookie
    Rossa Subscribed

    Aug 31, 2001
    3,993
    Full Name:
    Tänzelndes Pferd
    458 was a high watermark, never to be repeated. Prices will not go down, and if anything, may continue going up for nice examples, which are getting harder and harder to find.
     
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  10. irvineboy

    irvineboy Rookie

    Dec 29, 2013
    18
    Time to buy the 488! Better in everyway except the sound.
     
  11. buddyg

    buddyg F1 Veteran
    Rossa Subscribed

    Sep 20, 2004
    6,173
    Naples, FL
    Full Name:
    Buddy
    458 or jump to the F8. I had both and loved them. The 488 is a bump along the road.
     
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  12. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,653
    France
    Nobody should buy a spider anyway :p
    This being said, since clearly people buying spiders don't care about driving (putting up with marshmallow body flex) no wonder most of them have no interest in the better performance of the 488.
    The F8 is still a little step up from the 488, but currently the price difference is excessive; it will probably adjust in the future.
     
  13. FrancisK

    FrancisK Formula 3
    Rossa Subscribed

    Oct 22, 2021
    1,397
    Midwest
    We got it 488 owners your car performs better, you don't have to ruin every thread with your insecurities just go enjoy your better performance.
     
  14. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,653
    France
    :D
     
  15. Eilig

    Eilig F1 Rookie
    Rossa Subscribed

    Aug 31, 2001
    3,993
    Full Name:
    Tänzelndes Pferd
    OP inquired about 458 Spider, not 488.
     
  16. KnifeEdge2k1

    KnifeEdge2k1 Formula Junior

    Jun 1, 2022
    309
    Full Name:
    Dominic Leung
    While you're indeed correct that the spiders certainly aren't nearly as rigid as the coupes, it's hard to really care much when the limits of even the 458 spider are so incredibly high. For what I use this for at least (100% street driving) I'll gladly give up the 20-30% rigidity for the open top experience.

    If I had a track to go to I'd just get a dedicated track car.

    Hell, honestly, Ferraris have never been the best "driver's cars" anyways. We like to think that is true as an idea but Ferraris have never been the car that would produce the best lap times or give the most raw/thrilling/direct driving experience.
     
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  17. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,653
    France
    Indeed, no car can be perfect for everything - it's always a balance between (sometimes conflicting) goals. It's interesting to dig into the characteristics of a model, because then one could define his assessment and appreciation based on his own priorities and preferences.
     
  18. KnifeEdge2k1

    KnifeEdge2k1 Formula Junior

    Jun 1, 2022
    309
    Full Name:
    Dominic Leung
    Exactly

    I think your original assessment was on point that owners of spiders don't really care about the absolute performance. Short of S2000s and Mazda MX5s, no one really goes picks the drop top if they plan to track/race the thing.

    Even for spirited driving on the street if you have canyons/mountain passes though I'd be impressed (and scared for you) if you can really notice and appreciate the differences between a drop top and hard top 458. After all, Ferrari themselves claim the difference between Spider and coupe on a 458 at Fiorano was only ~0.5s, can any normal person "feel" this ? Probably not. But almost everyone will notice the extra 100hp from a 488.

    So yeah, to each their own.
     
  19. dustman

    dustman F1 World Champ
    Rossa Subscribed

    Jun 12, 2007
    11,036
    lol!
    I remember years ago there were delusional 488 and pista owner who got angry at the fact a 458 sounds light years better than the faster turbo Ferraris. Owners often wear blinders to protect their purchase.
     
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  20. irvineboy

    irvineboy Rookie

    Dec 29, 2013
    18
    I have not driven 458 spider or 488 spider. But if the prices are the same for both, it’s tough to go with the older one that sounds better. Both are awesome vehicles. One more classic and one more aggressive looking. But I think there are more issues with turbo engines. But the market is showing more people want 458 than 488. $250k + for a 10 year old vehicle. Prices are still going up? Crazy.
     
  21. jc1

    jc1 Formula Junior

    Feb 9, 2021
    281
    Greenville, SC
    Full Name:
    Joey (2012 458 Spider)
    458 is king! :D
     
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  22. 430jm

    430jm Formula Junior

    Jun 11, 2017
    443
    Atlanta
    So true. My red beige well optioned I’ve seen like twice since I bought three years ago.
     
  23. 430jm

    430jm Formula Junior

    Jun 11, 2017
    443
    Atlanta
    So wrong dude. The open air experience is huge!
     
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  24. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,653
    France
    Indeed, but instead of driving a compromised spider I prefer to ride a bike or race a Caterham ;)
     
  25. 430jm

    430jm Formula Junior

    Jun 11, 2017
    443
    Atlanta
    Well good for you. Not all of us buy these things to track them, in fact very few. But I’ve got an 812 for the the hard top experience.
     

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