F8 Crazy Used F8 Price

Not sure I understand what the issue is? Do you know what the original msrp is? Do you know if it is an extremely high optioned car? You do know that used prices on the f8 are over msrp virtually everywhere? Used prices on almost every car brand is at record highs. Just take a look at a 1 year old Honda and see what the prices are. With that being said Naples usually over prices their cars but it gives them plenty of negotiating room.

 

And money is fungible in Naples and inventory low.

 

Anyone’s guess but my prediction is the bubble will burst in the next 12-18 months for a lot of the luxury goods market. However, if travel (vacations, fine dining, etc) is still restricted in 12-18 months than the bubble will keep growing. As long as people aren’t spending money on their usual lavish vacations or fancy meals they will have more money to spend on luxury goods. Just my .02 and not sure many predicted this market.

 

I just saw an auction close on BAT for a 2005 Ford GT for over twice the MSRP. Even if the bubble bursts some cars will hold value driven by demand i.e well speced Specials.

 

they may be asking 70-100k over msrp, that's not that far fetched. Lot of cars out there with 70-100k+ over msrp, some a lot more. When 911 turbo's, gt3s, g63's even ford bronco's are getting 40-50k over, what do you expect?

 

Look. If people don’t want to pay $50-100k over sticker they’re free to walk into any Ferrari dealership in the country, with or without purchase history, and buy any one of a dozen or so specd cars in inventory for MSRP at any time and without waiting a year or two for a build.

Oh, wait.

 

Oh, I can add to that....good luck walking into a dealer and getting an F8 Spider build. Those order books are bursting full and there is no way the factory will have enough time to make them all before it's time for the 296. Obviously there will be some, but overall the ship has probably sailed on spec'ing your own new F8 S.

 

That's a long time from now. I have it penciled in S&P breaks 5k in a month or so and then goes under half that by first half 2022.

 

They always been high with their pricing and they typically hold the cars until they get what they want. If you are not in a hurry wait until the 296s start arriving next Spring, you should be able to do much better,

 

Sounds like your prediction will be worse then 2008 crash.

 

That's a pretty dire outlook. Hopefully not the case. The bubble for luxury goods is inflated because of pent up demand, trillions in stimulus floating around and major supply chain issues. The supply chain issues will be worked out by the end of the year and I suspect prices will adjust shortly thereafter.

 

Yes, there’s tons of money out there because of all the stimulus. COVID was a once in a lifetime event. Hedge funds are also investing in crypto as a hedge against inflation. It’s all relative. Bottom line, earnings have been astonishing. Will they continue to be this way? Likely not. I’m sure we will see a pullback, we are always due for one, but then like clockwork we will continue to grow.

 

I had not heard that... in fact they reopened the 812GTS book. I stopped by last week and their guidance changed and until further notice they can still book a bunch of different models.

 

That's pretty surprising. Cancellations of previous orders or extending production? Hopefully the latter so we can get more V12s before they're gone!

 

I don't think supply chain issues will be close to resolved by end of year. Maybe late 2022..........but not before that.

 

Extending production. Last year I had passed on the GTS when they said they had two then one spot left. Now, they can take new deposits for estimated early 2023 delivery.

 

The V12 line needs to make room for 812c/ca production (1500 cars or so) and the upcoming Icona (presumed to be another 500 or so cars) and maybe an optional FUV engine, so, the 812GTS needs to be completed, makes sense. Plus, rumor is a new V12 coming in 2024...remains to be seen what happens there.

F8 is end of the line for rear-mid-engine non-hybrid V8s, that appears to be confirmed by the complete lack of any new models expected for non-hybrid V8 regular production.

 

g63 amg are 50/75 k over msrp also

 

even at 425/450 k what are you gonna replace it with a new model thats at that caliber

 

possibilty buyers will want all gas ferraris instead of v6 hybrid and may cause the v8 ferraris to even hold better value