BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > BIMMERPOST Universal Forums > General Automotive (non-BMW) Talk + Photos/Videos
 
GTB Performance
Post Reply
 
Thread Tools Search this Thread
      02-25-2013, 05:29 AM   #1
Mr.7
New Member
1
Rep
10
Posts

 
Drives: '10 BMW 750, '07 Cayman S
Join Date: Sep 2010
Location: Manila, Philippines

iTrader: (0)

From 370z to 458

I have a friend who lives way below his means. I've known the guy for 20 years and he only really spends a lot on things he really wants. He currently drives an F10 530d daily driver and a 370z coupe for the track. He's planning to buy a Ferrari 458 this year but he thinks he should go for a "lesser" sports car first like a 911 or R8. I told him to get the Ferrari, no need to get a 911 or R8 first since he already knows how sports cars are like(he had an S200, 350z and Boxster before the 370z) and he already knows how to drive around a track well(we drive around a track every saturday).

Should he practice in a more powerful 911/R8 or should he go for the Ferrari already? I think he can handle the Ferrari and that's what he really wants. Besides, he has more driving experience than those celebrities who have Ferraris/Lambos as their first cars.
Appreciate 0
      02-25-2013, 07:20 AM   #2
Levi
Brigadier General
Levi's Avatar
Czech_Republic
124
Rep
3,452
Posts

 
Drives: Alfa Romeo
Join Date: Jul 2009
Location: Prague

iTrader: (0)

If he has already owned lesser sportscars, S2000 is on of the best learning tools, if he has track experience and goes to track that regularly, and it even comes to his mind a 458 Italia is "too good for his ability", then if he can, I see no reason why to doubt getting the 458 Italia. He had a Boxster, maybe he might be interested in a 911. Let him have a look at the new 911 GT3 (991), that is going to be revealed next week. Brand new racing Flat6 with 9.000 RPM redline and PDK.
Appreciate 0
      02-25-2013, 07:59 AM   #3
elwesso
Second Lieutenant
elwesso's Avatar
4
Rep
286
Posts

 
Drives: Z4 M Coupe
Join Date: Dec 2012
Location: Indiana

iTrader: (1)

The way I see it, you drive the car the car doesn't drive you. In other words, most cars like this aren't going to be "too much" to handle, you just might not be able to take full advantage of what the car can offer.

I think one could argue if a 458 will truly be that much better of a sports car than a 911 turbo or R8.
__________________
- Wes
1994 Infiniti Q45- First 5-speed swapped Q45.
2007 BMW M Coupe
Appreciate 0
      02-25-2013, 12:02 PM   #4
Year's_End
RWD only.
Year's_End's Avatar
United_States
330
Rep
12,336
Posts

 
Drives: '08 E92 335i
Join Date: Feb 2007
Location: St. Pete, FL

iTrader: (0)

None of these cars are difficult to drive. The main thing he should be concerned with when buying cars of this pedigree is figuring out which car's experience suits him best. They're all fantastic drives, but each one has a distinct character. He won't know what's best until he gets some drive time in. Who knows, he might prefer the relatively stolid 911 to the more flamboyant 458.

They're all good choices.
Appreciate 0
      02-25-2013, 06:14 PM   #5
sherman9800
New Member
0
Rep
13
Posts

 
Drives: Lexus
Join Date: Aug 2010
Location: So Cal

iTrader: (0)

To give another perspective. Since he lives his day to day rather frugally, even though price doesn't matter in this instance. Would he perhaps have buyers remorse when spending possibly $70,000 more on a 458 compared to a Turbo S which is actually faster, even if the older styling.

One thing I've learned with high end stereos is that everyone has different tastes. He has to test them out thoroughly himself in order to know which he truly wants. Personally if I had the money, I would pick the 911 before the 458 if I lived modestly.
Appreciate 0
      02-25-2013, 06:47 PM   #6
py0413
Major
py0413's Avatar
Canada
19
Rep
1,178
Posts

 
Drives: 2012 M5
Join Date: Jul 2008
Location: BC

iTrader: (2)

They are all great cars. Price tags don't determine one is better than the other. It all comes down to what he likes to drive. Each have unique driving experience. 911 is classic and somewhat practical/easier to live with plus you don't usually attract so much unwanted attention compare to the other 2. I am a Porsche guy and I'd go with a 911, but those F cars are also hard to resist.
__________________
Must stop eating..............
Appreciate 0
      02-25-2013, 07:31 PM   #7
NemesisX
Captain
18
Rep
874
Posts

 
Drives: '08 335i
Join Date: Jul 2009
Location: TX

iTrader: (0)

Quote:
Originally Posted by sherman9800 View Post
To give another perspective. Since he lives his day to day rather frugally, even though price doesn't matter in this instance. Would he perhaps have buyers remorse when spending possibly $70,000 more on a 458 compared to a Turbo S which is actually faster, even if the older styling.

One thing I've learned with high end stereos is that everyone has different tastes. He has to test them out thoroughly himself in order to know which he truly wants. Personally if I had the money, I would pick the 911 before the 458 if I lived modestly.
The median liquid net worth of this class of people who who can afford >$200,000 supercars is $25M (which I'll assume applies to the person in question if we can take the OP's claims about his frugality at face value). There's really no such thing as "buyer's remorse" at this level.

Cars aren't seen as investments. Whether or not a car will hold its value after X years and Y miles isn't of chief concern (this is only of concern insomuch as the individual wishes to satiate his own need for extreme and often unwarranted frugality despite being an ultra high net worth individual).

P.S. There's a non-linear relationship between price and liquid net worth. $200k represents ~1% of $25M. However, it isn't the case that an upper middle class person with a liquid net worth of $2M can only afford 1%($2M) = $20,000 on a car.

$2M (not including primary residence) is usually the cutoff to be able to afford a $100,000 car, outright, although age and income play into this as well, obviously.

By the way these numbers are all from forbes (I believe they specifically said that $2M and $350k/year pre-tax non-investment income is sufficient to afford a $100k car, especially if you're younger), although I don't have the exact article on hand.

The $25M median net worth for owners of > $200,000 exotic supercars is independent of non-investment income.
Appreciate 0
      02-25-2013, 10:59 PM   #8
sherman9800
New Member
0
Rep
13
Posts

 
Drives: Lexus
Join Date: Aug 2010
Location: So Cal

iTrader: (0)

I agree that the total cost of any of these cars compared to OP's friends net income or worth is irrelevant. I was just trying to give another perspective that he is used to spending approximately $30,000 on a track toy and then he would be jumping to over $230,000. That's all.

The test will be whether he thinks the way the 458 drives is worth it to him over the others.
Appreciate 0
      02-25-2013, 11:17 PM   #9
Top_Gear_Fan
Lieutenant
Top_Gear_Fan's Avatar
United_States
24
Rep
405
Posts

 
Drives: E92 335i
Join Date: Oct 2009
Location: Los Angeles, CA

iTrader: (0)

I've driven countless 911s and a V10 R8 once. My dad has a 458 and there's really nothing quite like it. I'd get the 458 in a heartbeat. That being said, you can't really go wrong with any of those choices.
Appreciate 0
      02-26-2013, 12:06 AM   #10
DRedman45
First Lieutenant
DRedman45's Avatar
4
Rep
391
Posts

 
Drives: 07 e86 //M coupe
Join Date: Oct 2012
Location: Northern va

iTrader: (0)

the R8, aventador and 458 are the most attractive looking sports cars currently being built in my opinion...personally I would go for the audi and down the line do a twin turbo or stasis supercharger

the 911 is fantastic but much more subdued in looks
Appreciate 0
      02-26-2013, 03:26 PM   #11
NemesisX
Captain
18
Rep
874
Posts

 
Drives: '08 335i
Join Date: Jul 2009
Location: TX

iTrader: (0)

Quote:
Originally Posted by robsoncarbon View Post
i think r8 is overpriced, better go for 458
The v10 or the v8? I honestly like the v8. It's not all that fast necessarily compared to what you can buy at the $120k level, but I love the fact that the v8 R8 has a "supercar" look at a relatively cheap price.
Appreciate 0
      02-26-2013, 03:27 PM   #12
DRedman45
First Lieutenant
DRedman45's Avatar
4
Rep
391
Posts

 
Drives: 07 e86 //M coupe
Join Date: Oct 2012
Location: Northern va

iTrader: (0)

Quote:
Originally Posted by robsoncarbon
i think r8 is overpriced, better go for 458
It's 100k less expensive than the 458 for the v10 r8
__________________
2007 //M Coupe. BSM. Fabspeed headers. Catless. BMS x-pipe. Strömung cans. evolve tune. Fortune/Broadway Static 500 coilovers.

My Build Thread
Appreciate 0
      02-26-2013, 05:16 PM   #13
Top_Gear_Fan
Lieutenant
Top_Gear_Fan's Avatar
United_States
24
Rep
405
Posts

 
Drives: E92 335i
Join Date: Oct 2009
Location: Los Angeles, CA

iTrader: (0)

Quote:
Originally Posted by DRedman45 View Post
It's 100k less expensive than the 458 for the v10 r8
I think he means to say that the 458 is worth the price while the R8 isn't worth it.
Appreciate 0
      02-26-2013, 05:56 PM   #14
DRedman45
First Lieutenant
DRedman45's Avatar
4
Rep
391
Posts

 
Drives: 07 e86 //M coupe
Join Date: Oct 2012
Location: Northern va

iTrader: (0)

I get the thought...but really the r8 is a gallardo for a hundred grand less, with less eccentric styling...I definitely love the 458, but in my opinion value you get for the money isn't any different between the two
__________________
2007 //M Coupe. BSM. Fabspeed headers. Catless. BMS x-pipe. Strömung cans. evolve tune. Fortune/Broadway Static 500 coilovers.

My Build Thread
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 10:09 PM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST