296 Values and Used Market | Page 7 | FerrariChat

296 Values and Used Market

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

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  1. Scott simpson

    Scott simpson Karting

    Jan 1, 2021
    59
    Full Name:
    Hold Your Horses
    How long did they have your deposit for. Which dealer is this.
     
  2. Cool Runnin'

    Cool Runnin' Karting

    Apr 13, 2008
    144
    FL
    That’s terrible! Have you bought any Ferraris from them before?
     
  3. sot

    sot Rookie

    Sep 26, 2014
    4
    Were you able to see your order on the Ferrari app?
     
  4. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    725
    Los Angeles
    there is a priority list for sure....the Top Tier/VIP's tend to get their orders in first and that's life. The dealer does not know exactly how many allocations will come/when, and they need the factory allocation before submitting the final order. But what happened to you doesn't make any sense, worst case with an accepted deposit you are just pushed down the list a bit. Not a full cancellation for the next 2-3 years of production. I suppose your dealer might have too many orders vs. their likely allocations, and they just don't think you will be getting a car anytime soon - so it's better to just return your deposit? A bit odd for sure.
     
  5. Condor Man

    Condor Man F1 Rookie
    Rossa Subscribed

    Sep 8, 2006
    4,938
    Los Angeles
  6. TheBigEasy

    TheBigEasy F1 World Champ
    Consultant

    Jun 21, 2005
    18,907
    California
    Full Name:
    Ethan Hunt
    Yea that’s SF90 money
     
    Condor Man likes this.
  7. Condor Man

    Condor Man F1 Rookie
    Rossa Subscribed

    Sep 8, 2006
    4,938
    Los Angeles
    It's a lot of Pasta!
     
    TheBigEasy likes this.
  8. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    963
    I would not say you got trumped, just that your dealer sales rep talked about “allocations” they didn’t actually have and started taking deposits left and right.

    If you want to have any chance of getting an allocation from this dealer, do not post their name, that would easily end your hopes of getting any car. Just continue to follow-up with them periodically and play nice. Hope you didn’t rub anyone the wrong way at the dealer.

    As mentioned before, a sales rep has absolutely no control of who gets what, it’s the GM at the dealer who calls the shots. Figure out who that person is and have a frank discussion, perhaps at the dealer rather than over the phone.
     
  9. omercan

    omercan Formula Junior
    BANNED

    Apr 27, 2023
    446
    Full Name:
    omer can
    What is the reason why there are so many 296s in Europe while there are very few in America?
     
  10. Pastaboy1980

    Pastaboy1980 Formula Junior
    BANNED

    Mar 31, 2023
    343
    Rolling Hills
    Full Name:
    Fra
    I’m getting a car and painting on the side
     
  11. pninja005

    pninja005 Formula Junior

    Nov 10, 2010
    609
    Europe
    Not fun to get your order cancelled but honestly I start to wonder if I would really mind if it happened to me.

    Might sound weird but I get bored having to wait years for a car to come. Maybe I just should be happy with what I have and stop wanting the next one.
     
    bamaman, mpritch23 and Dino_Argento like this.
  12. AMN

    AMN Karting
    Rossa Subscribed

    Mar 27, 2018
    111
    NYC, Minneapolis, Bozeman
    Full Name:
    A M N
    Purchasing Power Parity (PPP) is USD 80,400 in the US. It's 56,000 in EU. And on top of that the US has a more obvious "get around by car" culture vs Europe.
     
  13. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    6,054
    France
    Could also be a marketing analysis by Ferrari - limiting the supply in the US is increasing the willingness to pay more (and play whatever game is required to get a car, no matter the cost), while in Europe the upside is limited: limiting supply is losing money on the cars not sold, and not significantly increasing the global value of the remaining ones.
     
  14. KL runner

    KL runner Formula Junior

    Jul 25, 2023
    771
    Not in US
    Definitely only deal with a Senior person and if you know another owner that has bought from the dealer that helps too. Do not name and shame the dealer
     
  15. noobified

    noobified Karting

    Jun 5, 2008
    94
    My app still shows "waitlist" but my build is reflected in my configuration as my dealer has uploaded it to Ferrari and gotten approval for it. Does this mean anything from an allocation perspective?
     
    bamaman likes this.
  16. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    725
    Los Angeles
    It will show Wait List forever, I think I even had my F8 at home before that updated. Your dealer has better status updates.
     
    plastique999 likes this.
  17. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    725
    Los Angeles
    There have been a lot more 296's sold in Europe than here in the States, as deliveries started about 4-6 months earlier there. Most dealerships here in the US have only seen a handful of cars so far, probably 3-5 on average. Heck, my local dealer just did their final F8 Spider delivery this month.
     
    Caeruleus11 likes this.
  18. noobified

    noobified Karting

    Jun 5, 2008
    94
    Seems like quite a few 296 GTS cars have been been delivered in Europe. Have there been any deliveries here in the US?
     
  19. thx enzo

    thx enzo Formula Junior

    Aug 11, 2021
    313
    USA
    They start deliveries of all models to Europe first. I am sure this is because of shorter delivery times, which results in revenue to the company quicker. I know they purposely slowed shipments to the US last spring when they knew the ports were backed up, as stated in their earnings report.
     
    Caeruleus11 likes this.
  20. Pastaboy1980

    Pastaboy1980 Formula Junior
    BANNED

    Mar 31, 2023
    343
    Rolling Hills
    Full Name:
    Fra
    Who likes f8 more than 296?
     
    mdrums likes this.
  21. Condor Man

    Condor Man F1 Rookie
    Rossa Subscribed

    Sep 8, 2006
    4,938
    Los Angeles
    Not me.
     
    Glenn Quagmire and Defender 90 like this.
  22. Condor Man

    Condor Man F1 Rookie
    Rossa Subscribed

    Sep 8, 2006
    4,938
    Los Angeles
    This will be there until the car is in your possession.
     
    JimPVB likes this.
  23. pninja005

    pninja005 Formula Junior

    Nov 10, 2010
    609
    Europe
    I do, I think the F8 looks much better.

    That said, I will most probably sell my F8 when my 296 arrives :confused:
     
  24. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,716
    The US is a much more litigious market.

    I prefer the 296 > F8 in every way.
     
    Defender 90 likes this.
  25. 09Scuderia

    09Scuderia F1 Rookie

    Nov 20, 2011
    2,805
    USA
    Full Name:
    Max
    Guys, if you want to cut thru the noise simply ask your dealer to show you on his computer your order status/ code. An actual order will have a status code AND a vin number assigned. What some of you have experienced is when the dealers have indeed sold their allocations but are accepting 'orders' hoping that Ferrari offers them another allocation.
     
    TheBigEasy likes this.

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