Ferrari 458 and 488 values - This is what happened | Depreciation and Buying guide

Buying a Ferrari 458 or 488? Then this is the video to watch. In this depreciation and buying guide of the 458 and 488, I will show you how much the values changed in the last year and how much the car depreciates per 1000 miles. Moreover, I will show you how these numbers differ for the spider and the coupe. We will also have a look at the 458 speciale and 458 aperta market.

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Last year that was a lot of hype around the Ferrari 458 and many people would prefer it to the newer 488. However, the used car market changed drastically. In this video you will find out what that meant for the 458 and 488 prices.

We start with a high level overview of the mid-engine Ferrari market. This reveals that the 458 and 488 are really in a different league then the Ferrari 360 and F430. Yet, when we zoom in to the 458 and 488 market, we also see that there are some significant price differences. When we look at the price development during last year, we can see that both the 458 and 488 went up. Yet, the increase for the 458 is much more severe. Also when we split the market between the coupes and spiders, we can see that the 458s went up more than the 488s. Notwithstanding the price increase, the mileage sensitivity hardly changed.
At the end of the video we will compare the price increase in the 458 and 488 market to the price increase for some other supercars. This comparison reveals that the increase in the 458 market belongs to one of the more severe increases. The increase in the 488 market is more in line with what we saw in the F430 and 360 market.

Content:
0:00 Ferrari 458 vs 488
00:52 Current Ferrari market
02:41 Price development 458 and 488
08:19 458 Speciale and Aperta
10:42 Comparison to other cars
12:07 Conclusion

Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision