296 Values and Used Market | Page 76 | FerrariChat

296 Values and Used Market

Discussion in '296' started by Mrwatchdawg, Aug 31, 2023.

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  1. 09Scuderia

    09Scuderia F1 Rookie

    Nov 20, 2011
    2,725
    USA
    Full Name:
    Max
  2. Jo Sta7

    Jo Sta7 F1 Veteran
    Rossa Subscribed

    Oct 13, 2015
    5,905
    Scottsdale/Pittsburgh
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    Jon
    I prefer the ZR1 approach. The new EU legislations limiting db is killing even the hybrid set ups. New F80 sounds awful. It may as well be electric.
     
    Gh21631 likes this.
  3. vivg91

    vivg91 Karting

    Jul 5, 2019
    109
    How are other manufacturers dealing with the dB legislation? The Reveulto is still loud where the 12Ci doesn't seem to be - what did they do differently?
     
  4. bmcginn

    bmcginn Karting

    Dec 11, 2005
    135
    It won’t pass until the inventory overhang starts clearing and that won’t happen until sellers start accepting low bids.
     
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  5. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    719
    Los Angeles
    GTB production is about done, but there is definitely 12 months+ of used inventory sitting out there. And I'm not sure the VS makes it any better, once those start to arrive (18 months at most?) you'll have people selling their GTB/GTS that they have to hold until the VS arrives (most likely, guessing from how the SF90XX requirement went). And as the GTS's trickle in, you still have some GTB's that will come up for sale.

    It's a weird market, the 296 is a freaking blast to drive, sounds great, fast as heck, etc. But there are question marks AND I think the market has proven there is a lack of enthusiasm for hybrid/V6/the new world order of super high pricing.
     
  6. therryzsx

    therryzsx Formula 3

    Dec 2, 2011
    1,314
    You agree that 296GTB with high mileage have price similar to older F8 cars?
     
  7. Gh21631

    Gh21631 F1 Veteran
    Silver Subscribed

    Feb 24, 2011
    9,145
    East
    The ZR1 looks to be very impressive.
     
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  8. JesseRohr

    JesseRohr Formula Junior
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    Dec 27, 2020
    256
    Austin Texas
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    Jesse Rohr

    Agreed. I have worked in automotive manufacturing corridor my whole life and there is a lot of emerging tech being deployed for large scale manufacturing now that will change the narrative.

    The booth I am tethered to next week at SEMA is one of these technologies. I am anxiously awaiting debuting the stuff.
     
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  9. JesseRohr

    JesseRohr Formula Junior
    Rossa Subscribed

    Dec 27, 2020
    256
    Austin Texas
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    Jesse Rohr
    Define high mileage? My 2024 has 1784 miles on it because I drove it a lot. For a Toyota that is low miles or new. In the Exotic space that is 1-2 years worth of miles.
     
  10. KL runner

    KL runner Formula Junior

    Jul 25, 2023
    730
    Not in US

    The power to weight ratio of the 296 is better than the 488 Pista . They have already looked at making up for the extra 80 Kg between the two
     
  11. KL runner

    KL runner Formula Junior

    Jul 25, 2023
    730
    Not in US
    By 2027 they hope to produce 550 million litres of fuel . Germany alone uses 27 million litres of Gasoline per day . So in 21 days it is gone.

    E fuels unfortunately may not reach the commercial viability needed to be used freely
     
  12. KL runner

    KL runner Formula Junior

    Jul 25, 2023
    730
    Not in US
    A F Chat pole back in 2022 posted they 55% of cars travel 3000 miles or less FNA seem to agree
     
  13. bmcginn

    bmcginn Karting

    Dec 11, 2005
    135
    I had a deposit on a GTS but pulled it after I test drove it. At 6’-3” I had a difficult time getting into it and a near impossible time getting out. And while everyone thinks the car is fantastic to drive, I thought the user interface was terrible which really affected my perception of how it drives.
     
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  14. roma1280

    roma1280 F1 Rookie
    Rossa Subscribed

    May 2, 2010
    4,831
    Palm Beach, Roma
    Yes wheel and interface are a non-starter for me, car back at the dealer.
     
  15. Jo Sta7

    Jo Sta7 F1 Veteran
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    Oct 13, 2015
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    I agree! But patience for owners with good specs will be rewarded. Enjoy the car!
     
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  16. Gh21631

    Gh21631 F1 Veteran
    Silver Subscribed

    Feb 24, 2011
    9,145
    East
    That's fine in a straight line but not great For more spirited driving. The Pista is one of my favorites but it's a bit fat .
     
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  17. Excelsior

    Excelsior Karting

    Apr 29, 2022
    57
    Full Name:
    Excelsior
    And if you complain about it, they'll make you buy a McLaren 12C.
     
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  18. dustman

    dustman F1 World Champ
    Rossa Subscribed

    Jun 12, 2007
    11,406
    That actually might be worse.
     
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  19. Mondo3025

    Mondo3025 Karting
    BANNED

    Jul 10, 2024
    97
    Full Name:
    Mondo Asiri
     
  20. Mondo3025

    Mondo3025 Karting
    BANNED

    Jul 10, 2024
    97
    Full Name:
    Mondo Asiri
    hitler tried that easier to buy russian oil
     
  21. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    719
    Los Angeles
    I'm 6-4 and it's really no different than my F8....neither car is exactly a breeze, but that comes with the territory of things that are low to the ground.

    The user interface takes some getting used to for sure. I don't love it, but (most) buyers of modern cars seem to want all this stuff. After a couple dozen drives it becomes second nature, kinda silly to let that affect your feelings of how the car performs.
     
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  22. CRG125

    CRG125 F1 Rookie

    Feb 7, 2005
    2,634
    Los Angeles, Ca
    Full Name:
    Vivek
    You are correct about this, I know of a car that just got sold through a dealership, 5400 mile car 2023 296 GTB with a $458k MSRP and sold for $370k.
     
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  23. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,875
    France
    Checking mobile.de (big web site for used cars in Europe), it seems that also here the prices are very similar between F8 and 296; of course the latest 296 are more expensive, but the less expensive cars are more or less aligned with F8.
    These are advertised prices though, there might be a distorsion with actual selling prices in the sense that more 296 sellers are really wanting to sell (afraid by the market trend) while F8 sellers, having an (even slightly) older car that they did not buy to flip, are able to wait longer for a sale (or are even ready to keep the car) and are not so inclined in "discounting" their price.
    An indication could be given by the age of the ads (which I did not investigate) - if the 296 stay for shorter times, the asked prices are closer to the market price.
     
  24. goblue22

    goblue22 Karting

    Sep 1, 2022
    186
    Westchester, NY
    In line w/my recent purchase. 2022' 5k miles, 440k MSRP, 350 purchase px.

    Brian
     
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  25. therryzsx

    therryzsx Formula 3

    Dec 2, 2011
    1,314
    so market prefer powerful V8 without all hybrid staff, I think both cars looks good, but for most regular people F8 is prettier far than 296
     

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