Gave up my allocation and cancelled my order. | FerrariChat
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Gave up my allocation and cancelled my order.

Discussion in 'California(Portofino)/Roma(Amalfi)' started by Riskinator, Nov 19, 2008.

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  1. Riskinator

    Riskinator Karting

    Feb 11, 2006
    131
    North America
    #1 Riskinator, Nov 19, 2008
    The journey continues ....

    Yesterday I got a call from my dealer. He now had an indication of price for the Canadian market (base price at around $250,000) and was ready to take my deposit to get the first allocation in Canada. I could be driving the car by early summer! BUT, by the time you add on some options, pay the taxes, green levy, etc. etc your pushing close to $300,000.

    I could still easily write the cheque for it... but I just don't think that car is worth that money. From what I've seen and read (which is quite a lot) I really LIKE the car. But for $300 large I want to LOVE the car. I"ve decided to pass on the California.

    Think I'll capitalize on the economy... there are starting to be a lot of great deals out there for people with cash :D
     
  2. amenasce

    amenasce Three Time F1 World Champ
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    Oct 17, 2001
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    Joe Mansion
    #2 amenasce, Nov 19, 2008
    Last edited: Nov 19, 2008
    $300k for a California ? That is madness. You can get a nice 599 for that money..Or a Stradale and a 360 Spider..or a Daytona .
     
  3. modena

    modena F1 Rookie
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    #3 modena, Nov 19, 2008
    Good move
     
  4. AlexO91

    AlexO91 F1 Rookie

    Sep 26, 2008
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    Alex
    #4 AlexO91, Nov 19, 2008
    Shame... of course i understand why you backed out. Are you going to replace it with anything inperticular? or just looking to see what's around?
     
  5. MalibuGuy

    MalibuGuy F1 Veteran

    Sep 18, 2007
    5,902
    #5 MalibuGuy, Nov 19, 2008
    How much is a f430 coupe in Canada?
     
  6. Riskinator

    Riskinator Karting

    Feb 11, 2006
    131
    North America
    #6 Riskinator, Nov 19, 2008
    Last edited: Nov 19, 2008
    The base F430 coupe (6 speed) is around $240,000 CDN. The California is just above it base at around $250,000 CDN plus everything else.

    Funny how the mind works. If the car was $200,000 CDN or less I'd be writing a cheque now. I can AFFORD it... but I just don't think the California is WORTH what they are asking.

    I'm sniffing for bargains in this economy. Might pick up a 360 spider or a 430 coupe (waiting a little longer for that to come down) as people have overextended themselves and are shedding the "luxuries". Looking at a lake property as well as nothing is moving out there and I hope bargains soon start popping up.
     
  7. Riskinator

    Riskinator Karting

    Feb 11, 2006
    131
    North America
    #7 Riskinator, Nov 19, 2008
    Remember that's CDN dollars which are worth about .75 of a USD dollar in this economy. Few months ago it was $1.10!
     
  8. GG

    GG Formula 3

    Feb 21, 2008
    2,227
    #8 GG, Nov 19, 2008
    Very 'apples to oranges', but for that kind of money, I'd be piloting a Stradale with a briefcase full of $20's in the passenger seat...
     
  9. MalibuGuy

    MalibuGuy F1 Veteran

    Sep 18, 2007
    5,902
    #9 MalibuGuy, Nov 19, 2008
    I thought Ferrari was going to price the California about 10K less that the F430 coupe. Maybe they have higher production costs with the California than the F430. But also remember that Ferrari generally raises the price year after year. Perhaps demand is strong so they feel comfortable with aggressive pricing.
     
  10. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
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    Jim Glickenhaus
    #10 Napolis, Nov 19, 2008
    Maybe they want to keep the waiting list real short.
     
  11. ShineKen

    ShineKen F1 World Champ
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    #11 ShineKen, Nov 19, 2008
    This is what I've been saying for the past few weeks. No way anyone is going to take the car at the prices their asking considering the prices of 430 spiders today!
     
  12. titanium360

    titanium360 F1 Rookie
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    #12 titanium360, Nov 19, 2008
    these prices are in canadian dollar not us dollars
     
  13. Prancing 12

    Prancing 12 F1 Rookie
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    #13 Prancing 12, Nov 19, 2008
    But the prices are still relative in that the California will have a base above the current F430 coupes and will be more expensive than lightly used F430 Spiders... No matter what currency, that doesn't sound like a recipe for success...
     
  14. GCalo

    GCalo F1 Veteran

    Sep 15, 2004
    7,645
    Northern California
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    Greg Calo
    #14 GCalo, Nov 19, 2008
    In a conversation with the local Ferrari dealer I was told the allocation for the first year of the California "may" be sold out but that there are spots after that time.

    An interesting revelation indeed.

    That model may not sell well with worldwide demand dropping for most high end cars.
     
  15. DF1

    DF1 Three Time F1 World Champ

    Apr 10, 2007
    30,231
    FRA - nice city with a really big airport :)
    #15 DF1, Nov 19, 2008
    'may' - spin for we have more on hand than we planned.
     
  16. GCalo

    GCalo F1 Veteran

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    #16 GCalo, Nov 19, 2008
    Very good point I am afraid!
     
  17. DF1

    DF1 Three Time F1 World Champ

    Apr 10, 2007
    30,231
    FRA - nice city with a really big airport :)
    #17 DF1, Nov 19, 2008
    Lets hope not, I think this car is very very good. Its a great compliment to the line Ferrari offers.
     
  18. GCalo

    GCalo F1 Veteran

    Sep 15, 2004
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    #18 GCalo, Nov 19, 2008
    I think the car will sell but not at a furious pace or at a premium.

    I would definitely buy one, because I like it and my bride car drive it w/o fear. She will not touch the 360.

    The car's appeal to her is very indicative of the market Ferrari is seeking!
     
  19. tazandjan

    tazandjan Three Time F1 World Champ
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    Jul 19, 2008
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    Terry H Phillips
    #19 tazandjan, Nov 19, 2008
    Here's hoping Ferrari does not cross their feet to save bullets on the California. Nice car and I like it, but no way worth a premium over a 430 or its successor.

    Taz
    Terry Phillips
     
  20. DF1

    DF1 Three Time F1 World Champ

    Apr 10, 2007
    30,231
    FRA - nice city with a really big airport :)
    #20 DF1, Nov 19, 2008
    I like the appeal you mention from a marketing perspective. Ferrari promote a product and a lifestyle with it. She will have many smiles for you and the car. Enjoy it as life is short and unpredictable, as these times again prove :)
     
  21. Stackhouse

    Stackhouse F1 Rookie
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    #21 Stackhouse, Nov 20, 2008
    Like the 612 Ferrari will make just enough to keep the Few Interested Customers waiting in line.. much like the door man at the night club.. "...the longer the line the more successful we look."


    ;)
     
  22. subirg

    subirg F1 Rookie

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    #22 subirg, Nov 20, 2008
    I don't get it. There is no way on God's earth that a Cali is going to hold it's value. None. If you want one, do yourself a favor and buy a nearly new one for 30% off MSRP.
     
  23. 1ual777

    1ual777 F1 Rookie

    Mar 21, 2006
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    #23 1ual777, Nov 20, 2008
    That's alot of money for an entry level car. 430 is more than a bargin at that rate.
     
  24. VIZSLA

    VIZSLA Four Time F1 World Champ
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    #24 VIZSLA, Nov 20, 2008
    Sounds like they're trying to maximize profit from the early "Must Haves". Once those buyers are gone prices should drop.
     
  25. GCalo

    GCalo F1 Veteran

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    #25 GCalo, Nov 20, 2008

    Very true and I wonder how the "must haves" feel now about paying $150- $200K over sticker for a 599?
     
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