At some point- probably- assuming you want to increase your wealth. Too late for me- I would rather drive my cars and leave less to my heirs- LOL.
We just bought a 296 and were searching Nationwide. If your Car is the Purple with yellow interior then Wide World is doing all you guys who's Cars they are selling a massive diservice. I noticed the Engine image is really bad... the Aluminum looks etched and flat, the the black plastic has a white film and waterspots all over the motor. It makes it look beat and discolored, yet the Car only has 32 miles. I'm just saying this because they are not presenting their inventory well compared to other dealers. I would have not inquired about a Car with a Motor that looked like that thinking the dealer was a hack. I'm not saying this is why the Car isn't selling but it doesn't help when the images are flat and the motor looks all beat up. Here is the picture of the motor in the Purple Car at that Worldwide... and some of the other cars they show have sort of the same dirty look. Image Unavailable, Please Login By contrast here is an image of how the Car's Motor we bought looked. You can see a couple water spots but its cleaned very well and this Car is a 2022 with 4k miles. so it looks well maintained... So I would call them and say get it detailed better, and get some better images... because that color could really POP.
how is tdf blue with a stripe the same as "Purple with yellow interior"? this is what I immediately thought of, which looks like it is $40k under sticker. https://preowned.ferrari.com/en-US/a/north-america/used-ferrari/usa/ferrari-of-fort-lauderdale/296-gts/ZFF01SMA4R0306211-1740308696296
Why are these cars taking such a beating? Every review says how great of a drivers car they are but the pricing does not give any consideration to that. Is it the fact that it's a 6 cylinder, disliked user-interface and/or the hybrids are unliked and unreliable. perhaps all the above including 170+ GTBs available in the US market but having personally driven the car i think it offers a very enjoyable experience.
My GTB was 500k. The GTS is about the same. It's a lot of money for a car. Ferrari's new pricing strategy and increasing production volume basically killed the flipping business.
It’s actually great- not perfect and maybe the best Ferrari I have ever driven. And people are afraid of change and technology and they made too many vs how many of the owners intended to actually keep and drive. 2nd buyers are more afraid of the technology than the first- probably mostly this. On the flip side- makes for a great deal for an almost new car for the 2nd buyer.
the 296 GTB is the only Ferrari I've even driven. I just exceeded the break in mileage on the odo and plan on pushing it beyond 5000 rpm the next time I'm on the freeway. I don't know if it's the best Ferrari, but I'm having a hard time imagining improving it. I mean the steering is telepathic, the throttle incredibly compliant and the brakes are just out of this world. Also love seeing folks getting out of the way as soon as they see me approaching in their rear view. Also being given the right of way on approaching stop signs is satisfying Such courtesy! Guess they want any trouble? No no you first...please...we don't want any trouble!! Maybe a little less road noise? On some non smooth surfaces it sounds like i'm in a jet airplane. But yeah...pretty perfect for a first F car
around here the same people that tell you to invest are the ones bitching about the resale value of a used 296. and the ones that don;t talk abut investing complain about the used car prices still being too high and that the car is overpriced to begin with. the internet is a strange place.
Precisely. Higher stickers and higher production is bound to lead to more depreciation than in years past. They're still fetching plenty on the secondary market, just less than new ones. You know, like every other car out there. It does change the calculus of buying a new one though. Even if depreciation is normal - it still adds to the cost of ownership.
Typically, what sets new car prices is used car prices. Over one cycle you can have an abnormality. But over many cycles, if the new cars are priced too high, it will eventually result in higher depreciation, which may cross an inflection point, again, over a long enough period, that the ability to raise new car prices becomes constrained.
Will anyone who has purchased a used 296 post what they bought it at as a number under sticker? Year? Miles? would be great intel for those of us still shopping.
As soon as I get the paper title in hand I’m listing my 296 GTS on BAT so that will give us some intel.
Several folks have recently purchased used 296's. I purchased my 24 GTB in February at 100K under MSRP - used with 1K miles. First owner had PPF, tinted windows and had extended the warranties for the hybrid and "bumper to bumper" an extra 4 years (past the original 3). He had his GTS come in. Can't be more impressed with the car - my problem will be that I can't stop driving it and putting on the miles fast!
2022GTB, 5k miles, sticker 437k, I paid 347k in October 24'. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
I remember that car! it was @ Ferrari Silicon Valley I think.. 100K under sticker for a 24 is pretty strong..
I purchased a 296 GTB AF 2022 with 1700 miles. 1 year remaining warranty plus two year extension for $6800. Car had full PPF wrap and window tinting. 2022 MSRP was $485k. I paid $150k off sticker. THAT’s one hundred fifty thousand off plus aftermarket stuff. NOTE: 2022’s base price is $20k lower than 2023. So when comparing 2022 sticker prices to 2023 and later subtract $20k from newer models (or add $20k to 2022 models) for an apples to apples comparison of options. The car is fantastic. The haptics not so much- shouldn’t really be used while driving. The interface is easy to learn and actually quite good and the graphics are unparalleled in quality- beautifully modern and make my 812 GTS feel quaint and dated. Ferrari’s are expensive and sometimes hard to justify the entry price. At these discounts it’s easy to feel like one stole it and easy to drive it that way.
I am probably the most recent Ferrari buyer on the board (weeks really) and FWIW my thoughts on 296 all come down to the engine. Which is wrong. And is illogical. And is stupid. But I don't NEED a Ferrari. Mentally I also assume years from now some of these will need replacement of electronics and batteries that will make it uneconomical to even keep them on the road. And to me, a Ferrari is not a plug-in V6 hybrid. It is an NA V12, and my guess is enough people think that, so V12's will always have a buyer. V12's are slower, consume fuel like a drunk sailor, and cost a bucket to maintain, but... I got a V12! With a prancing horse! And I smile. I bet 296 drivers are grinning from ear to ear with the performance. It is a GLORIOUS car. I respect the choice. But I'd want a discount vs a V12, expecting the non-V12 will sink in value faster, and while many will wake up wanting the prancing horse, few dreamed of owning plug-in V6 cars. That's just me.
I own both. They are both glorious. People don’t like change- even when it’s for the better. The 296 is the more exciting car to drive- IMO as an owner of both. And the market will prefer the 12 until the word truly gets out.
What about all the early Ferrari’s that require engine out service? In all likelihood those will always be more expensive to maintain. Microchips decline in price while labor keeps increasing.
Yea, both incredible cars. The 296 is the next step up for Porsche 911 owners.... they've been doing incredible things with 6 cylinders for a while. Agree that a v12 Ferrari is the better one to hold for long term.
