Love that shot, something for everyone in that photo.
Supposedly finished in Verde Palido. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Ferrari has said they won't make more than 20% of their current production. According to Ferrari, they shipped 13,221 vehicles in 2022. Comparing 2021 to 2019 (ignoring the Covid year of 2020) the production numbers were up by about 10% to 11,155 from 10,131 in 2019. Then in 2022 they were up by 18%. Let us just hazard a guess of a 10% increase between 2022 and 2023 and guesstimate production of 14,543. 20% of that would be approximately 2,900 PS. Per year. So how many years will they make the PS? On the color, I believe its a historic color from Stirling Moss' 250 GTO https://www.caranddriver.com/news/a18743037/stirling-moss-s-1962-ferrari-250-gto-is-worlds-most-expensive-car/
Yep, that's when mine will be done. We also probably got the last Portofino M, waited 2 years. Got my 812sf in three months.
Yes, get g greedier year by year, so their customers will be big losers and ultimately they will also, as lots will stop buying them
Q: "Modern Ferrari Market Doomed?" A: "yes" Creating a youtube question and answering it is amusing. The idea of a doomed car market didn't even enter into my mind when I was fortunate enough to be assigned an allocation for a 296 last week. If I wanted to take advantage of a "doomed" market I'd look at the real estate and the equity markets/segments price corrections. Buying a car with profit intentonality is unwise.
Still trying to wrap my head around what seems to be a fantastic and useable car but at such a price point that if you actually use it (say 25,000 miles per year) it will depreciate to almost nothing, yet it costs over $500,000. So what is our plan for these cars, look at them? Drive them just on Sunday? Drive them until the wheels fall off and write off the $500,000 cost?
Grazie Maestro Now I need to go deep into Italian culture beyond outstanding cuisine, the best in the world men's toiletries and scents, coffee culture, Opera, and of course the finest automobiles on the face of the planet. I'm sure there's a long list of other marvelous things as well
Option 3- though I doubt even high mile examples will ever be truly worth zero. Drive and enjoy it. Otherwise, IMHO, its missing the point, especially here.
Something like that…clearly if one cannot afford to lose 50% of the 500k over 3 years, one should not be considering this car… Not forecasting steep depreciation, I am simply saying that if you buy it you should use it. Sent from my iPad using FerrariChat
All of the people on this site whose #1 worry is depreciation, remind me of my saying about gambling. If you would not be willing to light the money on fire, don’t gamble it . If you are that concerned about the depreciation, find something else to buy with your hard earned cash. Also, I am not saying I want to lose money on my cars, but it should not affect your enjoyment in driving them.
exactly! the 296 will be the first time in my life I'll be spending this kind of money on a car. I've already considered that money gone as if I've lost it already in the stock market (which I have before btw). The whole idea of buying a car while being worried about losing money just seems strange to me. However, that doesn't mean I don't have other concerns such as cost of insurance, service locations (closest dealer 1 hour away), practicability, high visibility, etc. Those are things that factor into the equation for me, not depreciation. Just my pov of course.
