LFA Model (2012)

Thinking of getting one. Value?

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Old 05-10-11, 07:41 AM
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TrinCap
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Default Thinking of getting one. Value?

Hi all. So I've been thinking of getting one of these cars. I have to admit I haven't done that much research on it but was offered an October car and I may be in between cars at that point. My question really is, what value are attached to these? I've gone through 3 Ferrari 458's already and they haven't cost me anything. I just hand it back to them and get a new one. I'll pick up the spyder in 2012. In the meantime, I thought it would be fun to drive this for 6 months. If I like it, I'll just keep it long term as it seems to be a pretty good collector car. Otherwise, I'd give it back when I pick up the spyder. So, do these go at market+? Is there a wait list? Is there a market for these things post sale yet? Thanks all. Appreciate the input.
Old 05-10-11, 08:41 AM
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rominl
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i suggest you talk to lexus first, they want you to keep the car for 2 yrs. and i highly doubt the car goes for market+ considering it's still available at msrp. i don't think any owners are selling their car yet

can we see pics of your 3 458?
Old 05-10-11, 09:02 AM
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07grIS350
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Originally Posted by TrinCap
Hi all. So I've been thinking of getting one of these cars. I have to admit I haven't done that much research on it but was offered an October car and I may be in between cars at that point. My question really is, what value are attached to these? I've gone through 3 Ferrari 458's already and they haven't cost me anything. I just hand it back to them and get a new one. I'll pick up the spyder in 2012. In the meantime, I thought it would be fun to drive this for 6 months. If I like it, I'll just keep it long term as it seems to be a pretty good collector car. Otherwise, I'd give it back when I pick up the spyder. So, do these go at market+? Is there a wait list? Is there a market for these things post sale yet? Thanks all. Appreciate the input.
I think US LFAs are under some first refusal strings if sold inside the first two years. Canadian LFAs are not.
It's anyone's guess on the future value of the car.
Old 05-10-11, 05:03 PM
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TrinCap
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Oh I don't mind the ROFR. I mean, as long as I get back the purchase price it's fine with me. I just want to make sure I don't take a haircut. It seems like there isn't really a wait list though for this car.
Old 05-10-11, 06:03 PM
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S2000toIS350
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Please share some pics of your toy box.

The chance of not taking a haircut is kind of small here.

A dealer in FL, has a car in stock (for about a month) and as has been mentioned, there are US allocations left to be taken.

Did you dealer give you any details about the slot. I would not typically expect them to be able to start a conversation with a delivery date for these unless they have a order in already and are trying to find a replacement customer.

Also, did the dealer mention a willingness to take back the car? As has been mentioned, you either take delivery with what looks like a 2 year lease a purchase with stipulations regarding the dealer's right of first refusal for 2 years.
Old 05-11-11, 12:46 AM
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Originally Posted by TrinCap
Hi all. So I've been thinking of getting one of these cars. I have to admit I haven't done that much research on it but was offered an October car and I may be in between cars at that point. My question really is, what value are attached to these? I've gone through 3 Ferrari 458's already and they haven't cost me anything. I just hand it back to them and get a new one. I'll pick up the spyder in 2012. In the meantime, I thought it would be fun to drive this for 6 months. If I like it, I'll just keep it long term as it seems to be a pretty good collector car. Otherwise, I'd give it back when I pick up the spyder. So, do these go at market+? Is there a wait list? Is there a market for these things post sale yet? Thanks all. Appreciate the input.
Check this...and it will shed some light on your questions...

http://www.lexus.com/LFA/



Originally Posted by Lexus USA

As a result of additional allocation being dedicated to the U.S. market, some production spots still remain for the LF-A supercar’s 500-unit global build. Prospective buyers may register their inquiries directly with any Lexus dealer or call (866) LFA-4794 or (866) 532-4794
  • All LFAs will be hand-built to customer specifications and production will begin December 2010.
  • Customers will be able to choose from three-configurations included in the base MSRP:
    1. Configuration 1 – Leather or Alcantara®-trimmed seats.
    2. Configuration 2 – Leather or Alcantara-trimmed seats, Lexus Navigation System and Mark Levinson Premium Surround Sound system.
    3. Configuration 3 – Leather or Alcantara-trimmed seats, Lexus Navigation System, Mark Levinson Premium Surround Sound system, and Lexus Enform™ with Safety Connect™.
  • Customers will be able to customize the LFA with 30 exterior colors, six brake caliper colors, and 12 interior colors.
  • Some choices carry an additional cost.
Old 05-11-11, 07:42 AM
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TrinCap
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Hmm, no the dealer didn't mention that the cars were lease only. That sort of precludes me buying the thing outright. Like I said, I don't mind the right of first refusal but you guys realize that means that ROFR is set at MSRP. If I go below, it's open season. Dealer didn't mention willingness to take it back. Apparently, it's a strange sort of car. It's not exactly dealer specified. You go through some specialist and they deliver to any dealer you want. I don't know, it was kind of hard to figure out when I talked to them. If a dealer in FL hasn't been able to unload one, that's a bad sign. That's a shame. I thought this car would be fun for a bit.
Old 05-11-11, 07:49 AM
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TrinCap
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Oh and pix. I don't have any decent ones. Just insurance shots. Here goes:







458 Italia 1

Delivery

458 Italia 2
PreDelivery

458 Italia 3
Delivery Day

Too much red! new version
Old 05-11-11, 08:10 AM
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Love the Pics, particularly the red w black top

You have the option to purchase
My previous email had a typo where I tried to outline that option
If you sell above sticker within 2 years you have to give the dealer an option to buy from you or give profits to them

If trincap is for trinity Capitol I bet you love that

If that is your shop your love of fast food has translated to a love of fast cars

The ordering via a ps is to provide a process guided by someone with knowledge and access to info
Lexus decided it did not make sense to try to train sales folks at each dealership on a car they might sell one of

From what we have seen to date many of the us cars are going to dealers for their own use/display
Old 05-11-11, 08:30 AM
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I think the LFA would be a wonderful addition to your collection. Italias are starting to become a bit common!
Old 05-11-11, 08:38 AM
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rominl
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the red 458 is money!!!

for the lfa, the idea of the whole thing is to avoid people flipping the car for higher values, that's why if one sells for higher than msrp, dealer has the first right to purchase back. about the lease, i think a few (including gengar, lfa owner) have posted that you can buy it out cash now.

i think to you the biggest problem is whether the car will keep its value at msrp after 6 months. it's really hard to predict for sure, but my guess is it will be hard. like people pointed out, there is a car available in FL as is already for more than a month, and there are still allocations available from lexus for order.
Old 05-11-11, 09:57 AM
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flipside909
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Originally Posted by TrinCap
Oh and pix. I don't have any decent ones. Just insurance shots. Here goes:
You just got major points in my book. Besides the beautiful collection of Ferarris in your collection...you have a cherry FD3s!
Old 05-11-11, 10:22 AM
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Originally Posted by TrinCap
Hmm, no the dealer didn't mention that the cars were lease only. That sort of precludes me buying the thing outright. Like I said, I don't mind the right of first refusal but you guys realize that means that ROFR is set at MSRP. If I go below, it's open season. Dealer didn't mention willingness to take it back. Apparently, it's a strange sort of car. It's not exactly dealer specified. You go through some specialist and they deliver to any dealer you want. I don't know, it was kind of hard to figure out when I talked to them. If a dealer in FL hasn't been able to unload one, that's a bad sign. That's a shame. I thought this car would be fun for a bit.
Get in touch with Paul. He will give you the correct information.

Paul Rohovsky
National Manager
Advance Business Development


Nice car collection btw.

Last edited by LexFather; 05-11-11 at 01:12 PM.
Old 05-11-11, 01:56 PM
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TrinCap
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There are actually very easy ways around the right of first refusal. I actually made 40k on a f430 spyder and 90k on a Ferrari 599 even after signing one for both. Yeah, 458 wait lists are two years. If this lfa has ones for sale then I don't think this is going to work. A shame. This car is priced all wrong. I know they are still losing money but they should have priced it in line with the superleggaria and made a few thousand of them to offset. I guess I'll pick up a gtr or something. Worst case there I only lose 20k or so. Thanks guys.
Old 05-11-11, 02:43 PM
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Originally Posted by TrinCap
There are actually very easy ways around the right of first refusal. I actually made 40k on a f430 spyder and 90k on a Ferrari 599 even after signing one for both. Yeah, 458 wait lists are two years. If this lfa has ones for sale then I don't think this is going to work. A shame. This car is priced all wrong. I know they are still losing money but they should have priced it in line with the superleggaria and made a few thousand of them to offset. I guess I'll pick up a gtr or something. Worst case there I only lose 20k or so. Thanks guys.
i can imagine how you got the numbers to work, seriously it's not too hard at all. the 458 has gotten a lot of traction since its release, although it was a bit slow in the beginning it's getting quite hot now. it's actually going to be interesting to see how the value of lfa goes in the near future


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