103 Ferrari 458's, 23 Porsche GT3's on eBay.
#31
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
#32
Drifting
My buddy just picked up a beautiful 2010 458 Italia with 6k miles. Original msrp 297k...he paid 190k.
IMHO the 458 is a great car. Owned one and loved it...put 4k miles on it in one year and had zero issues.
IMHO the 458 is a great car. Owned one and loved it...put 4k miles on it in one year and had zero issues.
#33
Drifting
Thread Starter
Join Date: Jul 2009
Location: Belmont Shore in Long Beach CA
Posts: 2,740
Likes: 0
Received 2 Likes
on
2 Posts
Ferrari does not release production numbers.
If your ownership experience includes concern about mileage-related depreciation, then you probably shouldn't own it in the first place. Buy to drive/enjoy, and accept that in 99.99% of cases, a car will be a depreciating asset.
If your ownership experience includes concern about mileage-related depreciation, then you probably shouldn't own it in the first place. Buy to drive/enjoy, and accept that in 99.99% of cases, a car will be a depreciating asset.
Most Ferrari owner's here don't seem to be concerned with the mileage issue either. They buy their cars to enjoy them. Unfortunately a good fraction of owner's are concernced about their cars mileage. It's as simple to conclude this by looking at total mileage one auction and sales sites. Tend to have far less miles than their contemporaries. And again I'm not here to argue that point with anyone. I like the 458 and many Ferrari models. I cannot believe that Ferrari is building orders of magnitude more than Porsche's GT3 and RS.
#34
Drifting
Thread Starter
Join Date: Jul 2009
Location: Belmont Shore in Long Beach CA
Posts: 2,740
Likes: 0
Received 2 Likes
on
2 Posts
I'm going to eat Crow right now and realize I probably should added in another Porsche and that being the Twin Turbo. And searching eBay going back to the 2010 997.2 911 Twin Turbo 3.8L (first year for PDK "Double Clutch") and expanding the search criteria to 2015 it unveils another 65+ cars. So adding in the GT3s and RS's that equals about the same number of 458s! And it seems because of the stop sale that the later 991 911 GT3's look to have less miles than the comparable 458's. But we are presented with special circumstances with the 991 GT3s... For a good part of time many of these cars were sitting around for new motor's. That and since the value's started to increase those cars weren't being driven around since collector's and dealership's were sitting on them trying to sell them for more.
I will admit another instance, I saw a 2010 458 with over 67K miles on it. Now that's what I'm talking about enjoying your car. That is what I like to see. It's being offered for less than $170K if memory serves right. I hope they have a big friggen fat service history on that car.
But I will stand by my original statement that you can only trust a dealer slash salesperson as far as you can throw them and I'm not denying the observed increase in value of specific values of cars. I got burned on saving up on a CGT since 2010 but the past few years they have been increasing in value and a few Porsche Dealer's are trying to force their perceprtion of what they think they can sell the car for. Over $800K since the 918 has hit the shores. I figure it is more of a sales ploy of "gee Porsche sold out of all of their 918's but we have it's older brother Carrera GT".
There are so many forces guiding the value and market of these cars. Lowest I've seen for a 918 was over $1.2MM and that was even at a dealer; seen three others going for $1.5MM on the second hand dealership market like Marshal Goldman and Southlake Texas.
I will admit another instance, I saw a 2010 458 with over 67K miles on it. Now that's what I'm talking about enjoying your car. That is what I like to see. It's being offered for less than $170K if memory serves right. I hope they have a big friggen fat service history on that car.
But I will stand by my original statement that you can only trust a dealer slash salesperson as far as you can throw them and I'm not denying the observed increase in value of specific values of cars. I got burned on saving up on a CGT since 2010 but the past few years they have been increasing in value and a few Porsche Dealer's are trying to force their perceprtion of what they think they can sell the car for. Over $800K since the 918 has hit the shores. I figure it is more of a sales ploy of "gee Porsche sold out of all of their 918's but we have it's older brother Carrera GT".
There are so many forces guiding the value and market of these cars. Lowest I've seen for a 918 was over $1.2MM and that was even at a dealer; seen three others going for $1.5MM on the second hand dealership market like Marshal Goldman and Southlake Texas.
#35
Pro
Just sold my 2014 Italia today for $265,000 with around 3,000miles after 18 months. When I posted in on F-chat I was told I would "hear crickets at that price" but it sold quickly..Guy told me it was the exact options and color he wanted so he didn't mind paying a bit of a premium. Anyway, putting the $ toward the GT3RS which I'll likely keep until the 488 GTS comes out. All these things are depreciating assets...Gotta pay to play
#36
Nordschleife Master
Just sold my 2014 Italia today for $265,000 with around 3,000miles after 18 months. When I posted in on F-chat I was told I would "hear crickets at that price" but it sold quickly..Guy told me it was the exact options and color he wanted so he didn't mind paying a bit of a premium. Anyway, putting the $ toward the GT3RS which I'll likely keep until the 488 GTS comes out. All these things are depreciating assets...Gotta pay to play
#37
Three Wheelin'
Agreed.....in all my time with my 458 on track and street it never drove "quirky"
#38
Rennlist Member
#39
There are a lot of wives tales around Ferraris. I owned a 360, a f430 for 4 years, a 599 and my 458 for 3 years. All just maintained and reliable.
Most people who own Ferraris own several other cars so the mileage gets spread around. My '14 turbo has 4k miles on it because it only gets in the rotation so often. My 458 has 4k miles on it for the same reason.
Most people who own Ferraris own several other cars so the mileage gets spread around. My '14 turbo has 4k miles on it because it only gets in the rotation so often. My 458 has 4k miles on it for the same reason.
#40
Rennlist Member
I was talking to the guys at Dream Racing in Vegas and they said their ferraris have been the most reliable out of all the cars, and the 458 being their most solid work horse with 80k+ track miles.
#41
Drifting
Thread Starter
Join Date: Jul 2009
Location: Belmont Shore in Long Beach CA
Posts: 2,740
Likes: 0
Received 2 Likes
on
2 Posts
Also I was doing some observations of Mileages on the 991 911 GT3 and truthfully these cars had essentially the same mileage of their 458 peers; talking 2014 and 2015 models.
Of the cars on eBay there were 23 458's, of the 2014 to 2015 vintage, which averaged 2,416 miles - of those 61% of the 458's were averaging less than, or almost, 1000 miles per year. At the same time there were only 12, 2014 to 15, GT3's with an average of 2,922 miles on them. Five of the 12 cars, 42%, had less than 1000 miles per year on the odometer. But we all know of the caveat of the stop sale and engine replacement which is difficult to say for sure what effects on driving and mileage that had on the 991 GT3's. This is by no means a Scientific Study and it's been a good 16 years since I took Statistics and introduction to elementary Probability. At this time I will conclude that these number's do not show a significant difference in the amount of miles driven and that the Ferrari and GT3 owners are essential the same creasture. Though I wish I still had my Statistics book so I could apply more statistical tools to make these number's more meaningful. Perhaps I should Download "Mini Tab" for my desktop to perform some analysis.
I haven't added the 2010 through 2013 year car's for that would be a much larger crunching of number's. Which I don't mind it just takes time.
And my apologies to folks who might deem this as a liitle bit TMI - Too Much Information that is.
Last edited by Tacet-Conundrum; 07-21-2015 at 12:21 PM.
#42
Drifting
Thread Starter
Join Date: Jul 2009
Location: Belmont Shore in Long Beach CA
Posts: 2,740
Likes: 0
Received 2 Likes
on
2 Posts
Porsche 991 911 Turbo owner's, again observed from ebay, N = 22, Total Miles driven 118,307, Average of 5,377 miles (that's a good 2,300 miles above and beyond the GT3). But the Turbo is more of a daily driver than the GT3 where as the GT3 is more of a track car. Not too many people daily drive their GT3's when they live in LA and Orange Counties with the deteriorating driving infrastructures!
#43
Burning Brakes
The 458 is Ferrari's "mass production" model and has been in production since 2010. The 991 GT3 is Porsche's "special" model and has been around since only 2014. Why would you be surprised there are a lot more 458's out there, even if we don't take into consideration the existence of the 488 which will make certain owners sell their 458 to get one? A volume comparison should be a 458 to any 991, not just a 991GT3.
Says a lot even with the stop sale with current event's and the state of performance and track day car's. On eBay it appears that the Ferrari crowd are dumping their 458's. Some for comparatively cheap as for how much 458's sell for. To be fair I did a search for the current 991 GT3 (total 10) and the second gen 997.2 GT3 (total 16) to keep the time frame's that the 458 was made, starting about 2010, and the total for the same period that the current GT3, 991 (10), and last model 997.2 GT3 (16) for a total of 26 Porsche's.
Any guess in the disparity in the number of car's for sale? Could it be that some are selling to make room for the next 488? Or is it the fact that the next V8 Ferrari comes out that the 458 will loose value since it will be relegated to second fiddle as in the pecking order for Ferrari's?
It's obvious that the buyer's of GT3s and 458s are two different creatures putting aside those folk's who own both car's. But this cannot be a simple issue of Ferrari making almost four times more 458s.
There is something more going on here than just putting the cars up for sale and not to mention for those people who bought the 458 from new have lost way more money compared to the people selling their Porsche's who more than likely are breaking even in their sales, or making a profit, in comparison to how much they paid; more so if 991!
Any thought's? Is it just Porsche makes a better car that one can live with and enjoy for much longer? Where as Ferrari is more a piece of clothing that goes out of style like those ridiculous True Religion Jeans for over $200? Who's laughing to the bank with that one?
Any guess in the disparity in the number of car's for sale? Could it be that some are selling to make room for the next 488? Or is it the fact that the next V8 Ferrari comes out that the 458 will loose value since it will be relegated to second fiddle as in the pecking order for Ferrari's?
It's obvious that the buyer's of GT3s and 458s are two different creatures putting aside those folk's who own both car's. But this cannot be a simple issue of Ferrari making almost four times more 458s.
There is something more going on here than just putting the cars up for sale and not to mention for those people who bought the 458 from new have lost way more money compared to the people selling their Porsche's who more than likely are breaking even in their sales, or making a profit, in comparison to how much they paid; more so if 991!
Any thought's? Is it just Porsche makes a better car that one can live with and enjoy for much longer? Where as Ferrari is more a piece of clothing that goes out of style like those ridiculous True Religion Jeans for over $200? Who's laughing to the bank with that one?
#44
Drifting
Thread Starter
Join Date: Jul 2009
Location: Belmont Shore in Long Beach CA
Posts: 2,740
Likes: 0
Received 2 Likes
on
2 Posts
The 458 is Ferrari's "mass production" model and has been in production since 2010. The 991 GT3 is Porsche's "special" model and has been around since only 2014. Why would you be surprised there are a lot more 458's out there, even if we don't take into consideration the existence of the 488 which will make certain owners sell their 458 to get one? A volume comparison should be a 458 to any 991, not just a 991GT3.
It makes more sense now to add in the Turbo's since along with the GT3 991's are more or less Porsche's peers to the 458. And again the RS4.0 and 2RS.
Any car made by Porsche below those already mentioned I would not consider a 458 peer. And no, please no one bring up the 918 - it's peers of course being the P1, LaFerrari and Pagani Huayra.
But Terrence I will add you bring up a good point!
To me when I saw all of them for sale I was "Gee Gads" all the Ferrari owner's are dumping their car's so they can get the 488! Before the 488s announcement there would not have been that many for sale. But just like someone already mentioned these people are a step behind the selling curve.
Last edited by Tacet-Conundrum; 07-21-2015 at 04:47 PM.