USA 08 Model Price Increase will be 20%!!!

Could be true. The Dollar to Euro exchange ratio would easily justify it. In the end, Ferrari does their accounts in Euro...

 

it is not a rumor it is true

 

For those who might not have followed the US Dollar as it fell to a 15 year low:

http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=EUR&submit=Convert

 

Per dealer, 599 price increase is $40K but includes CCB which was a $20K option.

 

Any info on 612 pricing?

 

0% Financing for 72 months, $50,000 cash back, free paint protectant and tire dressing, and you get a Buick to use when the 612 doesn't start

 

he kinda set himself up for that one....

 

HA!
I could get that with my local land rover dealership!!! but its a ford taures rental car by hertz with a navigation set to some place in mexico.

 

Just like real estate, second hand values could tank! Sure it is easy to find people who will pay even $500K for a brand new Ferrari. However, how many people would pay that amount for a second hand car?...

 

Right now there are several dozen people vying for the chance to pay $500,000 for a second hand 599GTB. The problem is that the sellers want a tad more than that

 

I'm in the process of buying an F430. Would the coupe be covered in the price increase as well?

 

No. They will make a special "coupe" adjustment and leave that price alone. Why, they may even lower it....

 

Took I look at the WYNN web and found that it is sold. So 599 market is alive.

 

That's only $20k in real increase,not really that bad in context of the $350k+ MSRP for a loaded one.

 

20% up it s incredible, 430 spider for 300K$...there s no sence, how the concurence did the same Porsche prices grew up?

 

My dealer just showed me a build sheet for an F430 spyder for over 300K MSRP.

He also just sold a "used" one for $330K (list was 250K), so it's not like you're getting ripped off with the new MSRPs...

 

Well it depends on your view. If you have a short term view , then yeah you will flip it and make 50-100K$ but if you want to continue to be able to buy new Ferrari without having to relocate abroad then you just have to swallow the pill .

Btw, what was special on the +$300k Spider ?

Challenge Grill , CCB , Challenge wheels , Carbon everywhere , paint to sample ?

 

There was a 15k bump on my car 1 month before delivery. Pay it, or go home. I sat on the list for 6 years. Play=pay.
FNA sees the flips, wants to weed out them to get cars into hands of real owners. They'd be idiots to sell at below market. Market may be gone someday.
Some of us will still be there, buying and driving them. If you have 320k to spend on a car, what's another 70k? If you can't afford that, why you buying in first place? To make $ on a flip? I agree though that 330k for a used 430 is nuts when an average 599 is 320-330k. But we all know 8's are better than 12's

 

LOL!

 

The price increase will help Ferrari and the Ferrari dealers in several ways.

- Selling slightly fewer cars in the U.S. gives them some allocation for their expanding Russian, Asian, and Middle Eastern markets without increasing worldwide production.

- The higher prices will reduce the size of the population of people who can afford it so maybe the waiting lists will go from 4 to 5 years in length back down to 2 years.

- The higher prices for the F430 coupe and spiders leaves more room underneath for a new "lower priced" Dino type of model.

- The current inventory of used 360 coupes and spiders sitting in every Ferrari dealers showrooms will be easier to sell at the retail dealer price level.

- It helps to position the future replacement for the F430 to be a $350k+ car. This is kind of like the jump in pricing from the 575M to the 599.

- The bump in cash flow will help the Ferrari team fund their F1 comeback against McLaren!

 

Very thoughtful and well said. Raising the price of this level of car does not detract. There is nothing that really competes with this car in any price range. Some might say the LP640, but that is not similar at all.

BTW - you have a beautiful car. I spotted it in the District a while ago, and LOVED the interior. Great choice.

Peter

 

Yeah, carbon everywhere including engine compartment, CCB, luggage, etc. It had regular paint.

 

I haven't heard of the price increase and I hope they don't go up that much. I bought a new 355 with F1 and spyder in '98 for 142k I think. Now to double the price and then some in 9 years is a lot to swallow. My new 430 was 225k in '06. I agree that some cars are sold at market but are there enough buyers at market for the whole US allocation for the next 3 years?