Why I am Selling My Ferrari 488 After 5 Years

Gotta make room for the new model, while multiple other models are in the queue.
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[@kennb33]

I cannot believe 5 years have gone by since watching him pick this car up

[@plorwax]

My exact reaction.

[@WarrenAAndrews]

It was basically totaled almost what a Stallion

[@AMGEVAN]

Same. Time goes fast. Scary fast

[@John-yn2qi]

Same reaction. I remember when Rob got his Volt and somewhere in there a tractor. What happened to that tractor?

[@brandonroberts73]

I know its nuts!

[@jeraldbrannon1427]

You got me convinced Rob I’ll straight up trade you for my 2016 Kia Optima I know I’ll be taking a loss on it but for you I’ll do it

[@Make-Asylums-Great-Again]

Saintly activities

[@MikeAveli.]

That's funny bro

[@zed_di_dragon952]

40k miles + a rental car with multiple crashes and asking for top dollar hahaXD happy new year Rob!

[@charlescri9635]

It’s a rental car with 31k miles which has been in two accidents it’s worth $225k to 235k max

[@Rapido20]

175

[@TheFutureEvents]

@@Rapido20 exactly what a dealer would pay if that

[@chijen2010]

$285,000 for a 31,000 mile 488 spider with damage history. Good luck with that!

[@mitchellroberts7954]

Agreed, especially since he 100% got a payout for "diminished value" when the car was wrecked. Not like he's losing any money.

[@chijen2010]

@@mitchellroberts7954 With the Feds putting all these PPP loan fraudsters in jail, there definitely won’t be the same upward pressure. In 2020 it was get about $2 million in free money from PPP and go buy a Lambo. That’s no longer happening.

[@vinmilesfewpics]

The 4.8 cr he put in on the mmr was a hilarious touch 🤣

[@jareddixon8140]

@@vinmilesfewpics lol. I noticed too. more like less than 3.0 with 2 accidents plus a rental.

[@chijen2010]

@@jareddixon8140 Rob, should know all this. I own one Ferrari and I know all this. He’s owned 10+ and doesn’t know ? 1. Mileage under 10,000 2. No accidents, perfect title 3. 2 owners or less 4. No rentals 5. Shields 6. Max life remaining on the 7 year maintenance 7. Latest generation Ferrari HMI 8. Tailor Made People buy the best of all the above criteria they can afford for Non-Classic Ferrari’s. His 488 is effectively salvage or has suffered salvage level damage for a Ferrari. And a 488 Spider isn’t exactly known for its crashworthiness, so previous accidents matter. I’ve seen too many accident photos of the 488 spider where it pancakes into a pancake.

[@yukonjack.]

If you have almost $300,000 sit back and listen to Rob sell you on a ran hard 30,000-mile Ferrari with accident reports. He know's he'll be lucky to get 200K.

[@MikeAveli.]

Plus he proly rolled back miles

[@TacoTueJay]

what ferrari isn't ran hard tho lmao

[@wintertarzanjagrup2527]

@@TacoTueJay your moms ferrari

[@jcme1205]

He is a used car salesman that moonlights as a car renter

[@djk8541]

If I were in the market for a 300k 5 year old 488, Ferrari of San Diego has a beautiful red one with black stripes and black BBS wheels w/ 13k miles. Sadly I'm more in the market for a 5 year old sub compact shit box 😂

[@jasonozzy8655]

Rob, love the channel, but let’s be realistic. The car without any damage is worth about $260,000 on auto trader with similar mileage. Ferrari parts or not, it’s a damaged rental vehicle. I wouldn’t pay more than $220,000.

[@mitchellroberts7954]

Not to mention the front bumper isn't properly paint matched and he already pocketed a bunch of cash from the diminished value claims...

[@nysportsfan9680]

Yeah rob is delusional thinking this thing is worth 290k

[@bdsouza1977]

Is there a USA website that has comparables?

[@darraghjackson8200]

"I wouldn't pay more than $220,000" Definitely coming from a broke 20 year old.

[@kzero1499]

@@nysportsfan9680 he's prob looking through rose tinted glasses given how everything is going up as we're still dealing with the silicon shortage. Fuckin NA Miata's are hitting $10k. Shit's crazy right now lol

[@reczy]

I love how many times rob nearly ended this video and then went back into talking cars. That’s literally me in real life conversations 😂

[@gickneorge]

From what I can see $290k wholesale gets you a 2017 488 with 10-15k miles. I’ll be curious where this one ends up selling.

[@higherstandard710]

Ya more like 270 or less

[@andreidan92]

@Johnny Chimpo exactly . I think 270k is pretty fair having been a rental and 2 crashed . I do believe he mentioned those numbers for the low ballers out there

[@gickneorge]

@@andreidan92 if I had to put a number I’d say $240k ballpark.

[@ES-wn6fx]

Right?!?? It’s been a rental too

[@justiceodueze2897]

He’s a little too confident for my liking about what he thinks he’ll get. I wanna be wrong but I don’t think he’ll get close to 290. I feel like he has to disclose what he ends up getting for it. If he doesn’t, then it’ll only show he didn’t get the number he was shooting for

[@moneyboyazn]

My first year of college when you bought this car. Now I'm finishing my last semester of college. What a sensation 5 years has gone by.

[@tdlaustralia7791]

Im curious how those unfortunately flooded cars are coming along.

[@Make-Asylums-Great-Again]

🤫 Out of sight out of mind.

[@Learn-more610]

What flooded cars? 😉

[@KingRhod804]

Knowing his goofball ass he probably still try to sell them 30% over market price

[@otg7421]

Swapped interior, 2 wrecks, bad body work, bad paint job, Lord knows how many miles really on it and this guy thinks he's getting top dollar for this shit... Deep down he knows he's going to sell it for wayyyy less than what he's saying

[@NorthernContrarian]

Oy vey

[@Heartbeat1991]

Wrong.

[@otg7421]

@@Heartbeat1991 so u think somebody's paying 290k for that car when they can get one with way better mileage, no wrecks, perfect paint and interior for that price or less easily?? Wake up lol

[@Heartbeat1991]

@@otg7421 you wake up. Find one for anywhere near that price. They run about $350k. Why do you think he’d sell it for less than wholesale?

[@otg7421]

@@Heartbeat1991 go to auto list put Ferrari 488 spider in and you'll see 2016,17&18's some with mileage as low as 5k miles up to 20k miles for 290k-295k... Shit it's one thats all white with beautiful red interior in SOUTH CAROLINA for 175k!!! And serious buyers can probably easily negotiate 5-10k off those prices... And that's just Ferrari's on the internet find some discreet private sellers they most likey have better prices... I see your one of the ppl he'd hustle into buying that crappy car of his lol

[@brianiswrong]

Ex rental,32k miles ,accident title(X2?) Non original seats (I guess the plaque in trunk shows " red inserts" $260'000 is were the wholesale market is.

[@fanimej]

Is it just the camera or is it seems like the color matching on the front bumper vs hood and fenders are off?

[@mitchellroberts7954]

That front bumper does not look paint matched to the rest of the car. Could be the camera/lighting/etc but the front bumper looks one or two shades darker.

[@Rahis_0]

Rob repaired it cheap as per usual and is now trying to get top dollar for a rental car with damage lul

[@tingyjoint]

Was looking for this comment. The colour match is shocking

[@EspenX]

The good thing with 30.000 miles rental Ferraris are their 3rd, 4th and 5th gears are like brand spanking new. Everyone driving that car for the past 5 years have only floored it in first and second gear - over and over and over and over again.

[@jameswillard1]

You’re original thought of $250k retail was prob in the ballpark. Looking at MMR these days is the same as retail (or slightly higher in a lot of cases). 31k miles, 2 (good size) accidents, previous rental history are BIG minuses

[@crownhic6827]

Absolutely best time you will have to sell.

[@LearningFast]

Rob, do you have a deposit down on a C8 Z06 Corvette? That is going to be an extremely sought after car when it comes out.

[@ericmueser]

Yes he does. Because there's no way he wouldn't.

[@Ooshwink82]

I think he has a couple

[@Clautz128]

Bummer to whoever gets ripped off buying a twice wrecked 488 that's been beat to hell by idiots that rented it.

[@1jiveturkey1]

Today, Mr. Spaghetti decides to sell his really spicy meatball to a warmer pasta bowl.

[@Elias_g1]

lmao

[@CorvetteAustin24]

Dang can't believe you've had that for 5 years already! I think it's one of the best looking Ferraris and would love to get one some day, too bad it wholesales more than my house haha. Best of luck with the sale!

[@cookieman0916]

Congratulations on all the new acquisitions. I love your no nonsense attitude about your cars. Happy New Year.

[@adamjones4951]

How come supercar interiors are such low quality? Interiors in more common cheaper cars like Audi's etc last 200k miles+ with hardly any wear and without needing replacement. I'd be pissed having to replace my seats at that mileage on a £30k car never mind £300k car

[@timdejong5017]

a lot off short drives instead off normal driving, and audi has also alot off wear with 200k

[@rotor13]

It’s a rental.... people aren’t gentle on cars that don’t belong to them.

[@fredfrederickson]

Audi interior has been pretty bad in my experiences

[@lynchygt233]

Much softer leather

[@ES-wn6fx]

@@lynchygt233 this is why 👍 butter soft leather much more permeable easily susceptible to wear, fading, and stain.

[@GlennsCarCollection]

I remember driving it 5 years ago when you first bought it and you drove my Porsche 993 Turbo. Time flies.

[@pyric]

Anyone else appreciate how rob talks about wear/tear & reliability on cars with 30k miles like they have 150k miles? Thar Ferrari interior looks as worn as most used pickup trucks.

[@ShadowDragon246]

what kind of used trucks are you looking at? this is showroom to the used trucks where I am at. even his old interior is mint to used trucks here

[@Ezero8]

The only mid-engine Ferrari I'd want is a 458. That was THE poster car got me into cars.

[@toddinthemiddle]

the most beautiful ferrari. if only the 458 came in a manual...and i had a $40M net worth

[@treverherrin2869]

A rental car with damage history and miscolor red paint. Not original build sheet seats. Front bumper panel gap is horrible. Good luck selling I think it's worth $200k to the right buyer. Not to mention how many times its been rolled back those seats definitely have more than 31,xxx miles.

[@treverherrin2869]

@Johnny Chimpo oh yeah 95% of rental exotics have been. It used to have to be an inside job like knowing someone at the dealership or authorized repair facility throw them something under the table and it was done. Now it's just a matter of having the right scanner/software

[@treverherrin2869]

@Johnny Chimpo All those exotic cars get rented then sold eventually. What's worth more 130,xxx mile 488 or a 30,xxx mile 488 ? That's why the seats was replaced. They show the miles.

[@treverherrin2869]

@Johnny Chimpo Brakes,belts,clutch,resprayed bumper,new tires, seats, carpet,steering wheel,it's not that hard to make it look like 30,xxx miles. It's worth a $100,000 more with less miles.

[@raymond3167]

Congrats rob on the sf90. Nice gift to show your success

[@1996FordBronco]

Yikes who painted the front bumper

[@anothercar]

def wholesale it because 2018 488s are selling for 280 with less than 5000 miles i saw newport has a clean white one with no accident history

[@jk_isf]

Love the exotics no doubt but it’s just So much more fun when supras nsxs and big boosted vettes are in the mix 😂anytime when rob says he’s bringing out the Supra for the Lfa and the vette to beat bikes it’s a for sure 11 out of 10 video. 👍

[@ES-wn6fx]

Rob it’s an exotic rental with an accident and you expect full on wholesale value for it?

[@glassgiants]

I love how this guy just occasionally says his name... "Rob Feretti anyway I liked this one it was red" :D

[@2011blueman]

I started 2021 with 4 cars, I now have only 1 car (a 2021 Bronco I purchased at MSRP). I sold everything else because of the crazy valuations. I'll keep my Bronco as a daily driver until the prices come back down to reality and then go back and expand my car collection again.

[@alexiocatan5602]

@@darrinito i work at Gm factory, supply chain is gonna be backed up Unitil summer 2023 at this rate

[@alexiocatan5602]

@@darrinito we’ll see its down 70% from 2019 in my fsctory

[@2011blueman]

@@darrinito LOL, you're acting as though the bitcoin bubble won't pop. Bitcoin is no different from tulips in the 1630s, it will implode at some point because the only use of bitcoin is 1) speculation, and 2) money laundering, and it's really not that great for #2.

[@sarahdell4042]

40+% of Americans have a second job, just to cover their mortgage. Auto loans are even worse. Interest rates are sky high for the average American, along with very long terms. They can barely pay for it. Repos are super high. It will eventually come crashing down. If you believe different, you’ve never been through any of these cycles before. Better hope you have cash on hand when everything pops.

[@2011blueman]

@@sarahdell4042 Interest rates are at record lows, you can get auto loans at 1.75% or better from most major banks. I agree that we're reaching another top of the cycle of endless fed inflationary cycles, but the idea that interest rates are "sky high" is hilariously absurd when they're at multi-generational lows, which is why there are bubbles in basically every asset class.

[@martb5511]

Mr Spaghetti is smart it’s a sellers market for a Ferrari nice move 👍 I remember him trying to sell this car right after he go it and couldn’t get what he wanted

[@Dragon228833]

Back in the prime of mr spaghetti comments

[@Jdalio5]

I'm sitting here wondering if I could see myself owning a car like this....I forget I'm 90 days behind on my 2013 Nissan.

[@harryhoudini3656]

Take it to Carmax and see what they offer. Could be interesting.

[@asaprulers226]

Difference of having 2 accidents on the record is that it was done professionally, other cars it's a new bumper with some bondo and spray paint

[@mitchellroberts7954]

Rob, if you're really being transparent tell us how much $ you were given by insurance for diminished value after the accidents and then subtract that from the wholesale price.

[@grantsnell6782]

The wholesale price is whatever he can get for it.

[@JonathanPerez-mk3hp]

I think you get 250k for it or less. Update us when it sells!!! Hope you get more!

[@larrychamel]

Wishing you and your Family a very Safe and Happy New Year! May your Year be filled with all the Best of Health, Happiness, Joy and Continued Success Rob! All the Best in 2022.

[@royjsilverback7644]

The the guy that said I can’t 5 years have gone by. I can’t believe I was buying this guys dvds in 2004

[@michaelardila5590]

I loved you in Cobra Kai. You did amazing

[@JayMaverick]

In this episode, Mr. Spaghetti wants to trade a plate of cold spaghetti and faux-meatballs for above market price.

[@robsvtgt500]

Im on the market for a 488,when do you expect prices to start coming down?

[@Gairif0]

im Confused or is this the second time you try to sell this car Rob? Im remeber years ago you have the car sitting on a dealership and after months you pull it out and added to the rental fleet.

[@rposton919]

If people would stop paying outrageous prices then prices wouldn't be outrageous. Hope buyers ain't upside down in a year or two.

[@noahmatthew6658]

Once the bubble pops used car dealers are going to be in so much trouble

[@rposton919]

@@noahmatthew6658 People paying outrageous prices will be upside down, likely very soon.

[@edenk3500]

@@noahmatthew6658 i don't think it'll happen fast though

[@blazedout420]

Always a really good day when you get rob talking about a ferrari. Love the video!

[@JAlexanderYugioh]

How much do you want for the seats?

[@SmokiesDen]

Oh yeah, the "I'm not going to flip it oh wait no one wants to pay over sticker I'm really not going to flip it" car. Can't believe it's been 5 years already.

[@pdn0018]

What about getting a new R8 for a $1000/day option?

[@af22man]

Saw this title and immediately thought flood damage

[@SavageTech]

Rob: Orders a Ferrari sf90, doesen't even make a video about it and randomly remembers to mention it a year later in a random video... Other car youtubers: sees an sf90 driving by films it for 2 seconds and immediately posts a 25 minute video with the title "BUYNG A BRAND NEW 1000HP FERRARI HYPERCAR!?? *SF90*" That's why we love Rob....Happy new year everyone!

[@moronirios442]

Happy new year Rob! Can't wait for another years of content.

[@juanvideofotos]

Since you mentioned that half of Supercars odometer are rollback can you make a video of how to avoid that? I know rule 1 2 and 3; never buy from South Florida, Vegas or LA.

[@tylerhough9124]

What a great era! I was so happy for you when you got this. Now look at you now!

[@Nozam]

Wow. Fastest 5 years. Longer than my longest relationship.

[@px4storm9x19]

I enjoyed watching you spec this car. Glad you did well on it moving forward. Well played sir.

[@G90M5Kel]

How long did it take you to build business credit to help you get these super cars. Thanks and congrats on all the success and blessings.

[@amfury9292]

285k is top dollar with no accident history ya muppet. You probs made half of that from diminished value claims ya greedy weasel.

[@mentals555]

Stay mad

[@RNMAutomotiveAddiction]

Congrats on the new cars - I much prefer styling of the F8 over the 488.

[@Hammar89]

I wouldn't be surprised if it went for 280, the market is stupid right now. I genuinely got offered 1000$ more than I bought my current car for in October last year. And I have driven 30 000km since then.

[@TheKeithCarnes]

Hey, I'm glad to take it off your hands haha

[@elmayimbe_the_amateur_mechanic]

Robs got 800K+ subscribers. The guy is on Facebook, posting videos and responding to comments like nothing. Good luck getting any of these other guys to even leave a detailed response to you.

[@donaldpatterson9151]

Hey Rob how much for the seats I would love to make chairs out of them I am in Houston Texas

[@GeoBurdo]

Really curious to see this guys financials. Wonder how much is leveraged and how much is cash. Sweet collection though no doubt! Someday ;)

[@Rockdaground]

Wow it’s 5 years already. Time sure flies

[@nvamember]

How about putting it on Doug’s cars and bids

[@sl5946]

How much deposit did you have to put down for the SF90?

[@officialcxmatxse7853]

Would you do payments? 30 year term perhaps?

[@sundaydrive8205]

Is there a way to tell if a car is a “rollback”?

[@houstoncowdog]

I love the red C4 in the background

[@Blasterxp]

Only 30.000 careful easy RENTAL usage... Ghehe how many launches and cold rev ups?

[@petercan1020]

Are any major Services done

[@jtb3797]

Mr spaghetti finally decides to sell his pasta mobile.

[@WouterMathlener]

Cars & Bids now has free listing.

[@canabox7112]

31K Bull Fuvking shit! Maybe 131K

[@marksummers463]

He should have used it as a rental first, written off more depreciation, then transitioned it to personal use.

[@vinmilesfewpics]

I wish I could get a 4.6 CR with that much paintwork

[@sportyone3163]

ITS A GREAT DEAL CUZ ALL THE BUTTONS ARE WHERE THEY BELONG. GREAT SELLING POINT ! 🤪😂

[@ralphralphin]

congrats on the sf90, they are super fast cars to drive. did i miss it or did you never say the color of the car you bought?

[@fredfrederickson]

Blue and white I think he said

[@vinny5203]

those fancy seats have done a lot of fart mitting

[@thereal6131]

Check engine light… this is standard

[@MrBloodguns]

When do you come to Miami???

[@Ajax_97]

It's market value, is with low miles(under 15k) and NO damage...I mean, you will probably settle at around 200-230k

[@waty0usay1]

The last time you put it up for sale it didn't sell for 3 months and you decided to keep it, it will happen again.

[@quan2x293]

Low mileage GTBs were going for like a 190-240k max lol like really low miles 2k

[@andrewg2322]

Love the vids rob no way i see this car going for 285. Cant believe its been 5 years

[@thegooddoctor6719]

The 296 GTB - that would be my personal car (For Looks Alone) - if money was no object. But I'm perfectly happy with my C8 HTC.....

[@lazny721]

I remember this car at Slipstream racing event.

[@Sizukun1]

I hope you do a video on what happened to that little green Alfa.

[@amfury9292]

The little weasel sold it obviously.

[@johnny8416]

i remember when u got it i was like 16 thinking damn i want one of those

[@jetguy1205]

How has Rob not been blacklisted by Ferrari for renting them out etc

[@edenk3500]

why would Ferrari care? If anything it boosts their brand giving people an experience they couldn't otherwise afford and being basically a test drive for those who can afford one.

[@jetguy1205]

@@edenk3500 because Ferrari gets really easy butthurt when people do things they don't like. I would assume renting out cars is one of them. Also things like modifications etc they get very mad about.

[@rotor13]

Ferrari’s are some of the most commonly rented cars around the world. Ferrari only cares if you wrap it in nyancat graphics.

[@edenk3500]

@@jetguy1205 your assumption is wrong they don't care. They might on their exclusive models but nobody rents those out anyway

[@dericanslum1696]

...not a 488...

[@justiceodueze2897]

I thought newer cars were now impossible to rollback mileage?

[@bdsouza1977]

There is one going for $240,000 in FL but it is salvage/rollback. Looks like Rob did his homework.

[@mitchellroberts7954]

"going for" means nothing, tell me what it sold for.

[@bdsouza1977]

@@mitchellroberts7954 Its not sold so I have no idea. However, it is a clear example of a car not as good as the one Rob is trying to sell.

[@TeekoMartin]

Why do they have such an annoying beep when you start them?

[@jonathanvanelli]

Not too much staining from black hair dye on the old seat headrests

[@grayray8295]

Rob how much for the old seats

[@see_more_media]

How are you gonna say half of those high end cars that are ten years old have rolled back mileage?