2011 Ferrari 458 Italia riding on $1 million wheels fails to sell on eBay


We all love opulence, but not when its ridiculously priced! It has been recently reported that Robb Report’s 2011 ‘Car of the Year’ – Ferrari 458 Italia, was on auction for weeks on eBay, priced at $1.3 million, with no takers. News has it that even with the car sporting million dollar wheels (literally), the auctioneers barely had bidders, and closed the auction on Wednesday night.

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The Ferrari 458 Italia has seen many price tags: $225,000 – the original price, $530,000 – for which it sold at an auction in the US in order to raise funds for Haiti and also sold as a limited edition in China for $880,000. But never has it reached the one million mark.

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However, Latitude Wheels (who spiced up the car) justifies the price with an excuse of having upgraded the Ferrari 458 Italia with expensive wheels – 21-inch fronts and 22-inch rears, forged Vessel Precision Series, mounted on Pirelli rubber. Plus $20,000 for Novice Rosso carbon fiber pieces totaling up the final price on ebay at $1,290,000. And the rest is history.

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[Available at Ebay Via Jalopnik and Autoblog]