For multiple reasons, pushing allocation towards the end of the run is not the worst idea for the Speciale.
Narrowly, for any one car, this would be true. But for the long game, there's a balance to strike. Waiting lists that exceed supply support secondary market prices and future demand, and insulate the company from economic cycles. Five years ago, price increases in excess of inflation were a no brainer. But prices are up a lot since. For now, they'll sell them all. But, have they gone too far? We'll learn over the next five years. It will be interesting to see how the 296 successor sells...
As I mentioned, go to the dealer and they have options prices. My dealer did not have the standard options list yet, since Friday was the first day they received pricing on the configurator.
How do you know 6.5% as they just stated the msrp - I am lost how you determined that. I was told 5 - 10% tariff, guys paying tariffs today on 12Ci and it's not 2.5% - receiving a Porsche paying 3.5% and it's going to 10% August 1. Everyone to each their own - congrats to the new owners.
Starting Aug. 1, the tariff could rise to 30% which will really cause havoc. Sure hope the EU makes a deal soon. https://www.reuters.com/business/trump-announces-30-tariffs-eu-2025-07-12/
Well, when they were 25% April 1, Ferrari was negotiating with up to 10%. Let's hope this all settles favorably for us.
I believe the 25% tariff (currently in place) is in addition to the existing 2.5% tariff. So, 27.5% total. But, this is on the import price, not MSRP. It's unclear how much of the tariff paid by FNA would be covered by an 8.5% surcharge on the sticker price. Probably a good chunk, but not all.
I find the dealers comments interesting regarding tariffs not being in place in 2 years when the cars are delivered. How could he or anyone possibly know that? If US economy does well I could see Trump increasing them, not shrinking or eliminating them.
I thought - on cars that were already at the factory with an msrp signed agreed order. Going forward my understanding is tariff 5-10% above msrp unless it is 296 SF90 - that is just a guess could go much higher, 12Ci coupe yes 2.5% - I don't think there is a baked in number going forward - if someone signs a sales agreement on spec with msrp going forward - it will not include a tariff and whatever it is at the tine will be applied. Really don't know - 296 and other values rise as no one wants to pay a tariff.
They will pay. You want the car you pay. Many many Ferarri customers incoming as the wealth expands IMO
100% - but new customers do not offer stability. Why do you think so many new Ferrari's are showing up on Bring a trailer - in n out like a fast food restaurant is not a good look for Ferrari. I am not blaming or doubting Ferrari - I am just saying they are not making anyone feel comfortable and think they should eat tariffs - dealers net 15% factory 25% - they should show some goodwill - that's all. None of us will stop buying but we will buy has value.
So the VS decently spec'd + taxes and tariffs will be about $650k? There will be a ton of people who fall off, there is no upside in the secondary market at these prices. You better really want it. I think you'd be better off buying a used SF90 for ~450k.
The folks who were offered allocations already probably had a rough idea about the price vs the equivalent 296. The drop off would probably not be fully based on out the door price but other considerations.
My 296 Spider msrp 515 no stripes / no carbon wheels / no painted shields - add 80k = 595k 595k add VS package add tariffs 7.5% = 700 - 800k. Would I gamble losing 30k sure but don't take it, never expect another allocation. Now take same scenario with 10 - 20% tariffs - it's possible, there is zero guarantee. We are at XX money - 296M will have been announced and likely receive zero tariffs. My .02
Ferrari expects their loyal customers will eat it, just like they expected with SF90s. I suspect they will grant more 296 SA allocations to SF90 owners that got screwed with the market totally taking a **** on their cars and no XX allocation.
I doubt many would even spend 700k let alone 800k. It's the junior version mid engine, it doesn't make sense.
seeing as people typically try to get an early delivery, is it possible to request a late car to in the hope to avoid tarrifs?
Agree not many but TM's - color carbons @100k Cavalcade paint 70k = 8 - 900k. Ferrari 2009 430 Scud had a US carbon pack vs 2008 did not. Junior mid engine - I don't know my Dino was Daytona money
We decided to pass on our allocation for a coupe. (We have the first Speciale allocation at our dealer). The all in value proposition isn't there for me. If the dealer can get us an Aperta allocation we will reconsider.