Of course talk is cheap, but I had been offered $550k for my spider mere months ago in June. Granted it was also minty fresh new from Italy at that point. It's interesting watching the market change rapidly across the board. I will keep it for at least 2 years, if not longer though.
Because they are all leased. People are upside down on them. Can't sell traditional way. Only trade back in.
Just to fill in: Auction Result High Bid USD $341,000 (Reserve Not Met) Auction Ended Monday, November 14 at 5:11pm Bids 18 one of the final comments: Seller didn’t post once?? BaT should just ban this dead beat seller then…what a waste of bidders time.
that was the most boring auction on bat ive seen f8 tributos are selling pretty fast when they get to the ferrari dealers
Not sure I agree. Local dealer just dropped the price on a 1200 miles f8 by $50,000 now at $379k —still sitting. Pista dropped 35k. Local lambo dealer now 20k underwater on a basically brand new urus they took in trade and knowing I’m in the market for an suv gm called me and said “what can we do to get you to buy this urus” offering free financing or further price cuts. Its a very different market than it was 6 months ago
Agreed, it's shifting to a buyers market, due to inflation / Fed rate hikes, etc.... If one can hold, that's the wise move until the ship is righted!
Agreed. However we should be using original MSRP as context. $125 over is excessive even six months ago but people asking whatever in sellers market. 75 over might be realistic so a $50k price cut is just going from dreamer to ready to sell. Gotta be priced correctly in todays market. I’m not familiar with Uras market but I know they’re plentiful. Sent from my iPhone using FerrariChat
im looking forward to a buyers market again.ive made 3 offers on a mulsanne speed and none accepted and they all sold at a high price
That is an interesting auction The comments are dancing around the GPF delete and resulting voidance of the factory warranty without actually addressing it A Ferrari dealership would never accept that car for consignment (much less CPO) We will see how it goes