Not saying it’s right but this has been going on since day one. I saw it firsthand when I worked at a dealer way back in ‘97. Lol, as a 308 GTB owner I’ve experienced it.
what are the odds of getting out of the PS without a loss if you have an 18 month lockup and we are diving towards a worldwide recession?
You can still sell it BUT only to your dealer during that 18-months period at whatever price they offer.
Ok understood and if 20% of the production over 5 years will be PS (~2,000 PS per year) what is the outlook on depreciation? I am assuming first few thousand will be V12 then a cheaper V6 hybrid gets introduced.
Apparently the PS will be only V12, that’s it. It’s a derived PS model that will be full electric and/or hybrid. And the production won’t be that high (2000 ex / year), it must be closer to 2000 PS in total.
I got the same information. However it might be Ferrari marketing to get more orders initially. Sent from my BBF100-6 using FerrariChat.com mobile app
The front seats also offer a massaging function, with five different types of massage on offer. Great as a hopefully comfy family car with the best engine on sale As a family man, I am looking forward to this car
Enough mega rich out there for it not to be a problem. (Assuming one's ego is not so fragile that a small loss on a 400k-new SUV hurts)
My take is depreciation will be minimal if any over the initial few years due to demand so far outpacing production. I’ve spoken casually with a couple of principals and it sounds like there are numerous vip level clients that weren’t offered cars to the point dealers are actively lobbying Ferrari for slots on their behalf and they’re being flatly denied additional allocations. Even if there is a recession, it’s impossible to believe thousands of people won’t profit from such an event and look for cars like the Purosangue, let alone all of the substantially insulated clients that’ll continue buying right along. The production numbers being discussed are tiny in comparison to the potential market, even with market headwinds.
Historically, every Ferrari 4 seater the 400/412, 612, Mondial, 308gt4, 456 more recently..the FF and now Lusso all fail to hold value and end up becoming not very desired. They depreciate like a stone.. I think this new 4 seater will suffer the same fate as the rest. If you follow the history of course. Maybe this time it will be different..who knows.
Remind me, when is the last time Ferrari built a four seater (let alone a four door SUV/FUV) that had essentially sold through production at launch and mostly to factory selected clients. My recollection is never. In fact, I remember anyone with a purchase history or not being able to come in and buy those cars in the past, and often times Ferrari would even force clients to buy them to get other cars. This isn’t that.
My opinion is solid..based on historical fact. That's all. History has a really bad habit of repeating itself...as Ferrari has proven. Will it skip this model and end the curse? Maybe..who knows.
Well, sort of. Calling the Purosangue a "four seater" equivalent to the other cars mentioned is cherry picking. Yes it seats four but it is not a 4 seater coupé like every single other car you mentioned, and is in fact a four-door, four wheel drive sport utility vehicle (in the 2022 sense of the wrod in which it is a lifted car that is useless off road). There is no basis for comparison so not really apples to apples, precedent wise.
Call your dealer if in the US - they just released the US market price this week. Sent from my iPhone using FerrariChat
I know you’re a mechanic and a damn good one, when was the last time someone hired you for your financial or intellectual analysis? Just curious.
Lol..history has a tendency to repeat itself. Just stating the obvious. And again..as I said..I could be wrong with this. Don't take it personally..just ones opinion..if you have one on order..enjoy it and be happy with your purchase.
Take what personally? You think I care about a couple bucks on any of these cars because I’m highlighting the simplistic nature of your analysis? I just want to drive them. Remember that? Driving the cars? It’s the thought processes (or lack thereof) I’m looking at here, and past the point of shedding light on some of the opinions stated as fact to make the poster feel clever and witty in their own mind, or who want to vocally and outwardly assuage their feelings of being left out, I won’t be giving much of a thought to all the words when I’m behind the wheel and tearing up the roads. Never have, never will, since cars are for driving, that’s the be all end all, and when it comes to the talking about them part I can take it or leave it. What’s for sure is that I’m going to put miles on it, and I can promise you I won’t give a thought to the depreciation. I’ll leave that to you all to fret over. First it sucked because it’s “not a real Ferrari”. Then it sucked because it was going to be difficult to work on later in its life cycle. Then it sucked because it looks “like a Mazda”. Now it sucks because it WILL depreciate. What else ya got? For a long time there’s been plenty of talking down of new models at their introduction, the idea of the new thing that isn’t their old thing sucks to a lot of people, apparently. But I until this PS launch I’ve never seen so many people so salty over something they’ll never own. At least say that you think it sucks because you drove it and you think it’s slow, and handles poorly. That I could accept. Some of you guys have totally lost the plot.
The PS will depreciate like yesterday's NFT. But who cares. There are no Ferrari's outside of a few 2 seaters that are true investment vehicles (limited, numbered production vehicles notwithstanding). Buy the PS to drive and use. Not as a way to preserve capital. And certainly not as an investment vehicle.
I guess it will depreciate a lot, like all SUVs and like all four seaters, but the buyers who rushed to get theirs don´t seem to worry, so it seems that talking about depreciation is pointless.
