296 Values and Used Market | Page 157 | FerrariChat

296 Values and Used Market

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

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  1. F-001

    F-001 Karting
    Rossa Subscribed

    Jul 23, 2025
    77
    Well said, love it! It’s a Want, not a Need!
     
  2. F-001

    F-001 Karting
    Rossa Subscribed

    Jul 23, 2025
    77
    Quick question, as I'm continuing to hunt for my 296: How critical is the front-end lift, or it's fine without as long as one takes inclines at an angle?
    Thanks.
     
  3. mdrums

    mdrums F1 Rookie

    Jun 11, 2006
    3,522
    Tampa FL
    Depends on where you live and how driveways and entrance to places you visit are. Here in Tampa FL I never really use my front lift on my F8 and my 488 never had one. Some people need the lift.
     
    Dino_Argento, Senna1994 and F-001 like this.
  4. momo360

    momo360 Rookie

    Jul 17, 2025
    20
    Anyone seeing any good GTB deals recently? All the sub 300 ones seem to have vanished quickly from the authorized dealers lol. Maybe 290-299 is the floor
     
  5. 599F1

    599F1 Formula Junior
    Rossa Subscribed

    Jun 5, 2023
    283
    Full Name:
    599F1
    Here is the authorized website sorted for lowest price. 141 total to choose from. Lowest is 304,550. As for deals, a bunch of these are great deals and can't imagine these depressed prices continue on for much longer.

    https://preowned.ferrari.com/en-US/r/north-america/used-ferrari/usa/296-gtb/rfcm?z=price-asc
     
    Senna1994 likes this.
  6. 09Scuderia

    09Scuderia F1 Rookie

    Nov 20, 2011
    2,772
    USA
    Full Name:
    Max
  7. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,960
    France
    If you replace gtb by gts, the lowest price is $369,890 - so the gts are significantly more expensive.
    I wonder what the arrival of the Speciale will do to the market.
     
  8. Cocoloco

    Cocoloco Formula 3

    Nov 26, 2013
    1,523
    Everyone receiving VS is not required to keep 296 - with XX hold SF90 til XX arrives.
    VS likely 12 - 30 months away, market should swallow up the inventory. There is not another rear engine to order.
    Dealer offered me 425 on GTS - around 100k loss. Consign 475k - sell around 450s an lose 6% to the dealer.
    My 16M list was 355k 2009 Special list 406k 1015 - 296 is imo a steal vs SF90 no idea why the delta.
     
    Senna1994 likes this.
  9. fws357

    fws357 Karting

    Mar 27, 2022
    98
    Cocoloco, HamTheGoat and scott40 like this.
  10. F-001

    F-001 Karting
    Rossa Subscribed

    Jul 23, 2025
    77
    So whether you consign or sell outright to them, in the end you end up with -425. Seems only benefit is if you are trading/ordering something else from them, and then it’s worth another -30 in tax savings depending upon jurisdiction.
     
  11. Cocoloco

    Cocoloco Formula 3

    Nov 26, 2013
    1,523
    I'm just goofing around - the goal was tVS, hoping it was like XX. I got it in coupe form, sometimes plans go south. The regular version to track version is 5 years, SF90 to XX even longer. Some point you get off the bus gus -
     
    x z8 likes this.
  12. todd cloud

    todd cloud Formula 3

    Jun 21, 2019
    1,098
    Full Name:
    Todd
    Why the delta? Because the 296 is an awkwardly styled overpriced hybrid V6 This isn’t hard.
     
    bmcginn likes this.
  13. x z8

    x z8 Formula 3

    Nov 22, 2009
    1,288
    Florida
    Full Name:
    Jeffrey
    We have almost the identical dog. But I won’t let her on my seats. :)
     
    fws357 likes this.
  14. x z8

    x z8 Formula 3

    Nov 22, 2009
    1,288
    Florida
    Full Name:
    Jeffrey
    I live in flat Florida. No need for me here.
     
    Dino_Argento likes this.
  15. x z8

    x z8 Formula 3

    Nov 22, 2009
    1,288
    Florida
    Full Name:
    Jeffrey
    Strange. Just FUD. I thinks it’s beautiful and the engine is a delight. I believe It outperforms all prior regular production Ferraris and is more nimble and more fun.
     
  16. F-001

    F-001 Karting
    Rossa Subscribed

    Jul 23, 2025
    77
    I live in flat Florida too, but have a very steep drive. I know I can navigate cars with 1” more clearance, past cars I’ve owned, but the 296 I’m looking at doesn’t have a lift. Obv to be safe, get a car with a lift…problem is I’m particular about colors (int/ext) and certain options. These are good problems to have :)
     
  17. KL runner

    KL runner Formula Junior

    Jul 25, 2023
    743
    Not in US
    Given the number sold and still on order there is considerable evidence to the contrary
     
    Dino_Argento likes this.
  18. todd cloud

    todd cloud Formula 3

    Jun 21, 2019
    1,098
    Full Name:
    Todd
    The books closed before the depreciation occurred
    Lots and lots and lots of buyers regret, which will only get worse when orders become deliveries
     
  19. x z8

    x z8 Formula 3

    Nov 22, 2009
    1,288
    Florida
    Full Name:
    Jeffrey
    Mostly- Only for the flippers/ speculators. Most people that actually use these cars- love them.

    The car was over produced at its price point. That has little bearing on the car’s greatness.
     
    3POINT8, Dino_Argento and 09Scuderia like this.
  20. rxbg

    rxbg Formula Junior

    Apr 11, 2010
    414
    USA
    why do newer porsche resales perform the opposite of ferrari?

    simple.

    it has nothing to do with raw quality or hybrid systems or overproduction

    it has all to do with brand culture

    if ferrari encouraged miles not money their used car prices would probably be better than porsche's (i man jesus- it is a much more exclusive brand... think about it. its a ferrari. the epitome of an exotic car.

    what do i mean by that?

    i mean this-

    true story- someone i know has a 296 whose rear wheel liner got shredded by track debris (not shredded diamonds, but tire tar). dealer made him pay to replace it. later on the factory quietly upgraded the 296 wheel liners on the manufacturing line. (probably thanks to to this and other guys who reported the same thing).

    audi or porsche would have replaced the liner for free and later on when they upgraded the material would have replaced it for free again and probably throw in a mug.

    porsche ownership reflects a love of driving- the cars are overengineered and dealers understand their customers for this. small things are improved but not at the cost of the customers. as a result of many generations of this the porsche brand has a different ethos and so therefore does ownership and camaraderie and Desireship so to speak

    the esprit de corps that a car maker foments is based upon the kinds of buyers it attracts and how it attracts them --in porsche's case these people tend to actually want to drive their cars and track them. they also tend to treat their buyers with more respect, less disdain, more appreciation.....polar opposite of how the typical ferrari customer gets treated. i think ferrari sees its customers as bodies that can borrow money, bend over, and get whipped and chained and still come back, but for the wrong reasons- not to drive the cars, but to live a lifestyle (and anyone who denies this suffers from Stockholm syndrome). and the difference lies in a complex relation between dealer attitudes, manufacturer appreciation of buyers, and overall brand culture. for too long ferrari preyed upon and encouraged elitism, cronism, hierarchical sales structures- and these were not just limited to special models, but all of them. it attracted a specific kind of poseur (porsche has them too- don't get me wrong, and so do all exotic car brands- and this is why i had 4 R8s and never the lambo equivalent). but the Extent to which this buyership rooted itself and Ferrari continued to profit from it hurt the relationship between buyer and car maker. if a relationship starts wrong based upon the wrong reasons for being together (to anthropomorphise it) it is going to be dysfunctional. ferrari has had a chance to turn this around with the 296. it attracted many non traditional buyers.... but its philosophy hasn't changed.

    ps-look at how insanely touchy the 296 is. ----- even hardwiring radar detectors makes these cars throw a CEL and instead of being supportive dealers are unsympathetic and prey-hungry.

    i realize that not all porsche or ferrari dealers are all the same nor all owners are the same for each brand. i have met some cool down to earth F owners and very prickly P owners so don't get me wrong.

    if ferrari did things different the 296 would go up in price because the brand isn't just beautiful but LIKEABLE and warm. it would be easy to stay in line and pay premiums for the speciale models WITHOUT the stupid point system.

    even Leno can't stand them.
     

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