Apparently, the first-come-first-serve concept does not apply to the Ferrari 458 Speciale. Ferrari is now prioritizing orders for the 458 Speciale based on the number of optional extras added to the car. Luxury car finance specialist Magnitude Finance has revealed that with the production of the V8 458 expected to end in March, the orders way behind in the list are unlikely to receive one now unless they add a very high number of optional extras. The company says that this is the way to push other customers off the waiting list.
The demand for the model is so high because it will be the last naturally aspirated V8 458 to be made and thus, forms a potential future classic. Approximately 200 units will be delivered to the UK.
More information is available in the press release below.
Ferrari 458 Speciale demand – Press Release
(Leeds: UK. November 2014). Customers are going to extraordinary lengths to buy the Ferrari 458 Speciale, luxury car finance specialist, Magnitude Finance, reveals.
Earmarked as a potential collector’s item, some prospective buyers have been told a £20,000 deposit would only put them on a list of ‘possible clients’ but not guarantee an order.
With production of the V8 458 expected to end in March, others have been informed they are unlikely to receive one now unless they choose a very high number of optional extras that would push other customers off the waiting list.
Director of Magnitude Finance, Tim Marlow, said: “One client ordered the car many months ago but he was subsequently advised to increase the options he selected to guarantee delivery simply because others are prepared to go pay over the odds to get one new.
“We have another client who has successfully secured the car using our finance and he said between placing his deposit and the balance, the agent he bought it from contacted him on five occasions to say others wanted to buy it if he changed his mind.”
Magnitude Finance says demand is so high because it is the last naturally aspirated V8 458 to be made, contributing to it being seen as a future classic.
Being the first owner is the appeal among Magnitude Finance’s high net worth clientele.
“With approximately 200 coming to the UK, it is seen as being a potential collector’s item,” adds Mr Marlow.
“Everyone we speak to sees this as the next appreciating model over the long-term like the 360 Challenge Stradale and 430 Scuderia 16M before it so demand is really high.
“To ensure it is as sought after as possible and command the highest price in years to come should they decide to sell, they want to be the first and only name on the logbook.”