Haven’t really seen any pop up anywhere in the market except Chicago but I am certain they are trading in the secondary market. any idea what the values look like? And long term predictions?
There has been only one BaT auction and that was withdrawn so interesting to see what they will go for. In europe there is a lot of them at sale. In mobile.de there is currently 126 listings. In my country Finland there is five currently in sale and some of them have been for a while now. They start at 420k euros.
Ya the bat Auction one was unique. Long term I think these will hold value but then again who knows. just curious where these sit verses the rest since it is a v6
296 will not hold value, it will depreciate just like any other mid engine Ferrari that is not a special or VS edition. I say that having one on order. Just drive the damn thing if you are lucky enough to own one. At this point, unless it's a numbered car or a one-off, Ferraris are basically commodity items.
Agreed for sure. That’s how I am. Just drive don’t care but with the prices so much higher over an f8. I was thinking the same and with just options they are crossing so high.
I do think it will hold value better than previous mid engines. My logic is that Ferrari are producing so many different cars now but they aren't producing many more total cars. So each model is a shorter run and more limited. The demand is through the roof. The supply can't catch up. But I'm wrong a lot.
I didn’t read the investor presentation. Last I looked at their 10k (or whatever equivalent) annual production wasn’t up much versus model differentiation which is through the roof.
Pretty sure they are up to about 13k/yr. in total production, spread across a pretty wide range of models now. Obviously that is well below demand given the closed order books on nearly every model. A bit of research shows that 458/488's (in nice condition and reasonable miles of course) are not far off original sticker in some cases for a 3-10 year old model, so I'd call the depreciation pretty darn low. Let alone the F8's continuing to hold their value well above MSRP..... Obviously a big factor behind this is inflation, as the replacement 296 is a substantially more expensive car - so it makes resale values better on the older cars. The shift to hybrid/electric also is a factor as we all know, the F8 is most likely the last mid-engined V8 without extra electric power. I think the 296 will safely resell for sticker or higher for quite a while, assuming the world economy doesn't suffer a major recession. Not the worst buy if you can get a factory order.
Insanity. Interesting that Europe has so many that are on the secondary make let but here in the US not as many
With increased production the supply more or less covers the demand; close to the model introduction (still the case for the 296) the issue is the lead time for impatient customers, so they are ready to pay more to get a car immediately. After 2-3 years many cars will go to the market as they get replaced; combined with the decreased interest for a car that will not anymore be the latest, it will most probably lead to dropping prices.
GTBs now very near F8s over here, well sub £300k. View is they will keep going south, as will most models this year. as with all cars, drive it and enjoy ir!
Ya I’ve seen SF90’s all $600k-$800k My question for value is more how will the 458 / 488 / F8 market hold once lots of 296’s out there
will take years for there to be many for sale. Add to this the effects of inflation and everything becoming more $$.
It’s interesting the difference! 355 went nuts your side last year but we didnt see any of that! But suspect more glibally down turn will start to bite everywhere with interest rates where they are! Time will tell though!
Ya seems like there is a huge gap on the sf90 between wholesale and retail. regardless will take it! I still want to add a sf90
