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The Ferrari 458 first debuted at the 2009 Frankfurt Motor Show. It immediately gained the love of supercar enthusiasts due to a mix of speed, aerodynamics, and luxury. The new model was a great leap for the Italian carmaker, making the 458 one of the most popular Ferrari models on the market.
It is estimated that over 15,000 units of this memorable classic car have been sold so far. Several features, including its gorgeous looks and the mid-sized engine, make it an irresistible buy.
Here is some more information about the most-popular Ferrari yet.
Who is buying the Ferrari 458?
Most of the people buying the Ferrari are Boomers. However, a growing number of Generation Xers (aged between 45 and 57 years) have shown interest in the model, with most of the interested buyers being around 45 years old.
The Ferrari 458 is the predecessor of the 488 GTB, a newer model that is the second best-selling variant on the market. You will find several design features that were borrowed from the 458 on the newer model. It is estimated that over 10 percent of Ferrari car owners have the 488 GTB, and it is still available.
The Ferrari 458 trims
Car owners have a choice between the Ferrari 458 Italia and 458 Spider. The Italia trim is the most popular among the two due to its peculiar design and better performance. However, the Spider also packs some great features and delivers a sporty feel and sheer power.
Car Buzz states that the Ferrari 458 Spider runs on a 4.5L V8 engine. Its engine delivers 570 horsepower at 398 lb-ft of torque, while the rear-wheel drivetrain runs on a 7-speed automatic transmission and a 13/17 mpg city/highway fuel economy.
This two-seater convertible monster comes in various colors, but the Rosso Corsa and Giallo Modena are the most popular. The interiors are made of leather as the standard material with various high-tech infotainment and comfort features.
The 458 Italia also runs on a 4.5-liter V8 engine, which delivers 570 horsepower and 398 lb-ft of torque.
The model is very agile, thanks to the lightweight internals. It is loved for its character and sheer power without the technological assist systems that came with later models.
Other classic Ferrari cars in the market are also doing great
There are several classic Ferrari models that are getting attention from vintage car lovers. While these vintage models' exact demand values are not known, there are several inquiries at leading insurance agencies regarding classic cars' insurance coverage. This shows that a sizable number of people are thinking of owning one.
According to Hagerty, the ownership of Ferraris between Boomers and Gen X stands at a 53/33 split. The value of classic Ferraris has also been rising. However, a sharp rise in value has been recorded on much newer models compared to the earlier ones.
The Ferrari F40 (1987-92) has had the most dramatic rise in value, followed closely by the 575 Maranellos (1996-2006). Like any other car brand, Ferraris do depreciate. However, three-year average depreciation estimates show that many Ferraris have a lower depreciation rate compared to competing classic luxury models such as Lamborghini and Aston Martin.
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