Something went wrong, ordered a Mustang, yet ended up in a British hotrod, I blame OcUK!

[Gibbo]

Not worth trying to sell private? Must be worth 75K?

The market is very slow, I've been watching a lot of cars, F-Types SVR's, 570S, Huracan's and 458's, nothing is selling apart from a couple of 458's which went, a particular nice one in a dark silver I liked, but it went.
If I was happy to wait months I suspect I could get around 70k for it.

Ferrari guaranteed 60k, but I can keep it until end of Feb, so maybe advertise down to 65k and undercut market, see if anyone takes it, otherwise let Ferrari have it, the part-ex also maybe gives me some more negotiation ability on their car because at 60k they will sell it on to another dealer with some profit and of course I can even offer it myself to some specialist at around 63-66k to make a few extra over trade-in offer.

I am working on the black car, but also going to view a yellow one too, to see what I think of colour in the flesh.

 

[Gibbo]

I hear what your saying about the 458 but the lambo just looks amazing and blistering performance to boot. The McLaren look much better too. It's a tough predicament to be in for sure

I've always purchased a car for how it drives and makes me feel:

Huracan: Giggle and grin machine, menacing looks, insane performance. Downsides never felt challenging, too easy to go very fast and essentially no warranty unless paying warranty wise £3500 per year for a max 10k pay out, which is a bit pointless on such a car. Residuals not so bad but values are dropping!
458: Also a giggler, due to insane cabin noise, not so insane looks but very classy looks. Felt engaging and challenging at legal speeds, also quick, but not as quick. 2yr warranty included, £2500 per year to extend with Ferrari, cheaper servicing and better residuals.
570S: Still not driven, but even if it drives the best the residuals are nothing short of a disaster and I'd bet on 20k per year loss in retail, a trade in price would be nothing short of shocking, 60-80k in 2yr on a 140k car. But newest car, new car warranty, sounds not as good, but is lightest at 1440kg for coupe and 1480kg for Spyder.

Dismissing the 570S, I simply found the 458 better to drive and the cabin also had a lot more room, yes the lack of AWD will mean less performance in colder months, but at same time it also had huge grip and the balance just felt better.

 

[Gibbo]

I've always recommended the 458 even though only been a passenger in one ( I know ). never driven the hurracan but have the r8 v10. The 458 makes sense on all the above as you have pointed out. But like you say you need to be sure before you drop all that ££££ it's going to be a tough one..

Agreed!
R8 V10 Gen2 Plus is essentially same car as Huracan, only difference is Huracan is around 50kg lighter and the whole car is tuned more aggressively on gear change (corsa) and of course noise. But they pretty much drive and perform identically, R8 has more room and better visibility, Huracan is way more special even though same car, because Lambo!

 

[Gibbo]

Hi I drive a Audi vs Hi I drive a lambo yup yup I get it..

To me if your dropping that sort of monies the performante would be the one. But a part of me would still want the 458. It's a no win no win

See there is no right or wrong

I think its a timing thing, 458 values stable, Huracans dropping slowly, Performante an unknown, could drop could explode.

2yr in a 458 by which time Huracans would have bottomed as out of warranty blah blah and the 458 probably still be worth more even trade than a Huracan retail, at which point get Huracan or Performante, then 2yr later 570S shall be 50p and cheap as peanuts to buy as can easily see them 50-80k retail in 4-5yr time whereas Huracans will probably never fall under 100k unless high miles and 458's at that time will all no doubt be 150k plus as they could go way of E46 M3's, the CSL exploded in value thus pulling the values of regular CS up quite a bit and even regular car, as a 458 Italia is 90% of the Speciale and those are now 300-500k and going up, the 458 seems a sensible place to put money.

Going to view a yellow on Friday.

 

[Gibbo]

I really do hope 570S becomes £50-80K in a few years, hopefully that means other left field choice like the NSX follow suite. I'd be all over that.

I think 570S coupe for sure will be 50-70k Nathan for bottom of market, they are already 90k if you shop around and they still have warranty, once out of warranty, 30k plus miles these cars will be cheap because there is only one Specialist (Thorney) and they are super expensive to run in comparison to say a Ferrari.
570S Spyder will hold value better, less of them, Spyder always fetch a premium, more so in Mclaren world as there is really no penalty, only positives, but can see them down to around 90-110k.

NSX I feel will become cheap too, unlike the original the new car is not special and its American built and that really shows on the interior, it is to be honest quite nasty inside, a Mustang is nicer, that is saying something. Only thing in NSX favour is rarity, but if they continue production, they will become cheap, maybe even 60-80k levels.

 

[Gibbo]

I found the interior pretty good tbh, although the one I drove had ivory leather, alcantara dash panels & the extended carbon, so that goes a long way to making the interior up to scratch. A 7.5/10 in reality though.

That just summaries the NSX, it's no better than the GTR but nearly twice as much.

I still love it tho

That interior options will help for sure, standard they are quite plastic.
The NSX is hugely fast, like the GTR but I'd say the GTR has more feel and is more mechanical, the NSX is a lot of computerised magic going on with the electric motors etc.

 

[Gibbo]

I've offered 130k on black one with carbon paddles retro-fitted and 60k on mine, see if they go for it.

Also looking at yellow on Friday, its up at 157k, same miles 14k, but 2014 so about £2000 saved in services, still 20k more for yellow, I will view and offer around 140k otherwise I am not sure the yellow is justified and considering the attention black one got, maybe yellow will be too much even for me, not sure.....

 

[Gibbo]

Well for me it would be the yellow

I dunno, need to see it in flesh, then I need to decide is it worth 20k premium as both cars are similar spec, though black has nicer wheels, both 14k miles, one is 2011 and one is 2014, same car, though 2011 has nicer ECU tune, more burbles.

 

[Gibbo]

I fully appreciate my knowledge in this company of cars is worth £sod all but, £20k for a colour?

Put it another way,

Hi Mr Gibbo, we’ve got two cars for sale,one yellow one black both the same price,but, if you buy the black one, we’ll give you £20k.

Are you really going to turn that down?

I know these cars (when new) are aimed at people who’ve made substantial money to the point where a few £10k is neither here nor there, but surely they made such sums by not being daft enough to pay £20k for a different colour or am I just being naive in my thoughts?


I imagine Gibbo seeing a £20k price difference as being either a Yellow 458 sat on the drive or a Black 458 plus V10 M5 for the same money.....

I wonder if that’s just planted a seed?

I know the yellow one has been or sale a while, I spotted it two months ago and it was 147k, they then seem to increase price to 157k, or maybe an error, I've been watching cars since around October, so over three months now, pondering my next purchase.

720S, were around 210k when I started looking three months ago, same cars are now 170k area, Crinkles old car is now down to 173k and I've heard of some changing hands in 150k region. 720S will be 120k in 12 months, its epic but is a massive depreciation car, they sold and made way too money.
570S coupe were 115-160k, these are now 95-130k typically and still not selling, the Spyders were 140-170k and are now 130-155k and also not selling, same cars for sale.
Huracans were 140-200k, now they are 130-190k but seem to be not moving.
458's are 125-160k for 10-20k mile examples, some rougher high milers for around 110-120k but were talking 50k plus miles, no warranty and not possible get warranty on. Some of the 458's I had ear marked have sold and all were advertised between 125-140k and were typically silver or black. Some 150k red ones have sold but both yellow ones remain unsold. The prices if anything have edged up slightly.


The market is super slow!

 

[Gibbo]

I’m assuming that’s for real?

And guessing,if so, they sell more LHD variants?

Or is it just an opportunity to pull pants down further?

Two cheapest in UK one is LHD and one is 71k miles, would not touch either as the 71k mile car is an ex super car event car and hire car, in other words totally abused, plus it looks naff too.

 

[Gibbo]

It’s not just colour though, is it?

Black one is 2011 car, yellow is 2014.

To be honest the year of car is not so important and the earlier 10/11 cars sound better, they had to quieten them down plus the year is less important on a Ferrari, options and mileage outweigh year.

Advantage of 2014 is some service pack remaining, but its done less miles per year, less used and the black car is well know as my mate knows the car well and the Ferrari dealership, so he is having a word with them.
Going to view yellow on Friday.

I think i shall go for the one that represents the better deal.

 

[Gibbo]

Fascinating insight, but that doesn’t answer the question re the colour ?

(I’m wondering if that reply wasn’t directed at me tbh!)

Yes I would probably take the 20k mate!

My mate said black is better, you want to spruce it up then add some yellow accents or even strips or just wrap the car, though I'd never wrap the full car, too risky.

 

[Gibbo]

Just me then but the black looks much better in my eyes. Yes a nightmare to keep clean but when it is it looks fantastic. Not feeling the love for the yellow one. I’d save the £20K personally. That’s a big chunk of cash.

I am torn!
Black when clean it just looked insane, plus the wheels on it are gorgeous, way nicer than any other Ferrari I've seen as they were not available at factory, first owner added them after taking delivery as an accessory option.

Yellow is ace too, crazy loud, Ferrari authentic colour and black roof contrast well, but is it too much and the wheels would have to be changed or painted, but is it worth 20-25k more, maybe if they can knock a load of money off I'd go as far to say that maybe its worth 10k tops, but I need to see it, they send me a video today and its a much paler yellow than the photos showed it to be as they were heavily edited.

 

[Gibbo]

Ok, noted about the year. What about things like DRL and TPS Does the 2011 car have them?

It has both I believe.
Ive read 2012 onwards had revised suspension, but then some just say its software and that should be updated by Ferrari.

DRL, no interest, but does have it I think.
TPS is useful and again I think it had it, had a diagram of car on dash showing tyre temps and engine temp so guessing it must TPS or a sensor to see that.

 

[Gibbo]

You could get the black one and get it painted to show standard in any colour under the sun for way under 20K. Unlimited options, whatever your heart desires. Porsche colours, Lambo colours, Rolls Royce colours...

458 in BMW Mora would look sick.

Then its worth 50k less! You don't paint cars like this, you de-value massively, its why even wrapping is off the cards unless you can remove it with zero damage before sale its just not worth the risk messing with a 150k car.

 

[Gibbo]

Done some more researching, 2012 onwards seemed to get a wealth of updates, gearbox (harsher in race), engine map (quieter) and a lot more sensors for the mag ride suspension to further improve handling and decrease lap times.

So that is good for thought.

 

[Gibbo]

I’ll just leave this here.

I just found a great car on Auto Trader:


https://www.autotrader.co.uk/classified/advert/201811222651673

Its nice but I prefer the one at 145k in Leicester, simply as I hate the wheels on that, may sound daft but makes sense to get right wheels as original Lambo wheels don't come cheap.

 

[Gibbo]

Just found this:

Been told by owners of 458's who have had pre 2012 and post 2012 that the earlier cars are more an event to drive, more noise and more feel some handling.
Guess don't worry about lap times, as above videos the early car is incredible and though it was improved those who have owned both some feel older car was better, of course some feel newer car was better.

Gonna drive the 2014 see if I can tell difference.

 

[Gibbo]

Hi there

OK as nothing alarming screams out I've put a deposit on this:


Its car at Gray Paul Edinburgh, they only just got it so its yet to go through their 190 check and to have major service completed.
https://www.pistonheads.com/classif...458/ferrari-458-coupe-italia-2dr-auto/9440798

You can see the car is a bit bland, silver wheels, silver calipers and all black interior but otherwise good spec or so I think, others care to comment, got buckets, some carbon, silver wheels and the colour is incredible been in Rosso Fuoco (£19,000 option).

Here is the video:
https://video.citnow.com/vtKVP1Bq3LS

In the video the bonnet looks uneven across front, maybe just latch? I shall call tomorrow and also ask, might just be camera angles and lighting playing tricks.


After some negotiation, agreed on 135k along with carbon lower centre retrofitted, calipers painted yellow, PS4S fitted all around with 190 check, major service and 2yr power warranty. They have also promised to check all 4 dampers and replace if required along with checking for any misting/leaks on engine/gearbox.

Anything scream out to anyone as anything wrong with, I found 6 owners a bit alarming should I be worried?


With yellow calipers and all clean car would look like this:
https://www.bramley.com/carsales/details/Ferrari/458-Italia/3618.htm

 

[Gibbo]

the bonnet looks twisted and in more than one photo too, and has a gap in the video on one side as well.

Yep spotted and mailed, hoping just down to not been latched, but was spotted!

Yes, I’ve seen some of the McLaren paint prices but at least they look different. That just looks like Rosso Corsa

Looks nothing like Corsa in flesh its a deeper, darker and more pearl/metallic colour, had mesmerised in showroom on Saturday as its quite different in person.