296 Values and Used Market | Page 14 | FerrariChat

296 Values and Used Market

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

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. bmcginn

    bmcginn Karting

    Dec 11, 2005
    135
     
  2. TheBigEasy

    TheBigEasy F1 World Champ
    Consultant

    Jun 21, 2005
    18,906
    California
    Full Name:
    Ethan Hunt
    Seems like a silly waste of the production queue…

    They should just offer both GTB and GTS at the same time and make whatever sells….. if they get 80% orders for GTS then just make more of those and so what..… if that’s what the demand is why waste time with more GTB’s that are less desired.
     
    RADONCulous and Dino_Argento like this.
  3. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    6,053
    France
    Because the idea is to sell all models to the same people: berlinettas, spiders, VS - the people buying all are assumed to not care about what they get, but there needs to be a perceived increase in exclusivity with the increase in pricing... so more berlinettas than spiders, more spiders than VS. Buyers need to get the feeling they are climbing a ladder and differentiate from the less wealthy ones.
     
    x z8, Caeruleus11, ForeverNA and 3 others like this.
  4. carz80am

    carz80am Formula Junior

    Sep 23, 2015
    701
    That's the way they've always done it, buy the coupe, then the spider, then the next variant and keep it going. Got to play the game. I don't think any one wants a coupe and spider of the same car in the garage so having both show up within a few months of each other just helps the dealer with inventory to resell I guess...
     
    Caeruleus11 likes this.
  5. danielinCO2

    danielinCO2 Karting

    Jan 10, 2023
    140
    Full Name:
    Daniel Jones
    What is the mrsp range for the 296gts?
     
  6. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,410
    Tampa, Fl
    What do you mean? Are you asking what the base price is? Every car is configured differently and there could be one with 50k in options and one with 150k in options. You could get one that has 300k in options.
     
  7. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,769
    UK
    £224k - AF packed 296 at main dealer - privately/trade in must be close/under £200k for lesser spec'd cars now?

    https://www.autotrader.co.uk/car-details/202308080575515

    list price £241k + £26k AF pack +

    options:
    • ININSHED IN GRIGIO SCURO
    • NERO HIDE RACING SEATS
    • NERO CARPET
    • 4 POINT SAFETY HARNESSES
    • DASHBOARD INSERT IN LEATHER
    • YELLOW BRAKE CALIPERS
    • TITANIUM WHEEL BOLTS
    • CARBON FIBRE UNDERDOOR COVER
    • FORGED MATT DIAMOND WHEELS
    • REAR DIFFUSER IN CARBON FIBRE
    • RACING LIVERY ASSETTO FIORANO
    • AFS SYSTEM
    • REAR PARKING CAMERA
    • SCUDERIA FERRARI SHIELDS
    • ELECTROCHROM. EXTERIOR MIRRORS
    • COLOURED STANDARD STITCHING
    • COLOR LEATHER SEATS STRIPES
    • SPECIFIC DESIGN RACING SEATS
    • BLACK CERAMIC EXHAUST PIPES
    • RACING SEAT LIFTER
    • CARPETS BLACK LEATHER + ALCANTARA
    • WIRELESS CHARGER SMARTPHONE
    • LEXAN REAR BONNET COVER
    • COLOR LEATHER INTERIOR INSERTS
    • FIORANO PACKAGE EXTENDED
    • ANTITHEFT SYSTEM SVR WITH CARD
    • EMERGENCY CALL SYSTEM
    • APPLE CARPLAY
    • DASH STRIPES INSERTS IN CARBON FIBRE
    • CAR COVER
    • CARBON FIBRE DASHBOARD INSERTS
    • CARBON FIBRE UPPER TUNNEL TRIM
    • CARBON UNDER WINDSHIELD INSERT
    • CARBON STEER.WHEEL WITH LEDS
     
  8. Dino_Argento

    Dino_Argento Formula Junior

    Sep 22, 2017
    298
    London
    Full Name:
    Dino Diary
    6k miles… wonder if this is an ex demo car… …also not sure buyers will get their money back on speccing the AF cars in the UK without lift and a suspension that works on UK roads… be interesting to get more data points…
     
    F2003-GA likes this.
  9. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,769
    UK
    doesn't appear so, two other cars at main dealers without AF both @ £225k (3k miles and 5k miles)
     
    Dino_Argento likes this.
  10. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    725
    Los Angeles
    The UK market is a very separate animal from the US/EU regions. Those are trapped cars in a tough economy and pricing reflects that right now.

    Not that anything is flying off the shelves here in the US right now, but it's at least a lot stronger compared to the UK market.
     
    Condor Man, Prannay and Dino_Argento like this.
  11. Dino_Argento

    Dino_Argento Formula Junior

    Sep 22, 2017
    298
    London
    Full Name:
    Dino Diary
    It’s true - I sometimes feel trapped… :-(
     
    Jo Sta7 and of2worlds like this.
  12. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    725
    Los Angeles
    ha. I meant of course that they can’t easily move markets, due to RHD. Just in case you didn’t take it that way.
     
    Dino_Argento likes this.
  13. Prannay

    Prannay Rookie

    Mar 20, 2023
    21
    Midwest
    Full Name:
    Prannay
    I saw Tom Hartley Jnr listed an atelier silver 296 GTB today for like £330k or about $410k USD. Very surprised he listed it at that much. Didn't have much mileage.
     
  14. Prannay

    Prannay Rookie

    Mar 20, 2023
    21
    Midwest
    Full Name:
    Prannay
    My friend's car also got listed in Michigan. $500k with under 200 miles, only had it for 8 months. No exterior carbon and is an atelier car. He drove his Pista and 812 GTS more. Going to be interesting to see what the tailormade cars will bring in the warmer months of this year.
    Image Unavailable, Please Login
     
    Thecadster likes this.
  15. TheBigEasy

    TheBigEasy F1 World Champ
    Consultant

    Jun 21, 2005
    18,906
    California
    Full Name:
    Ethan Hunt
    Is that breaking the flip rules? How long has he had it? Or selling for incoming GTS ?
     
  16. Prannay

    Prannay Rookie

    Mar 20, 2023
    21
    Midwest
    Full Name:
    Prannay
    He's got a Viola Hong Kong GTS coming in a few months. He's got a good relationship with the dealer as well. He's bought multiple cars from them.
     
    TheBigEasy likes this.
  17. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    6,053
    France
    Even though Ferrari officially despise flipping, that's what they encouraged in order to increase the sales numbers (they do not want to have customers keeping their cars, they want them to buy one after another). It may begin to cause some issues with the second-hand market; currently in Europe on mobile.de there are 151 458 (Italia and spiders), 84 488 GTB but already 252 296 GTB (of which many are under €300K, so certainly under MSRP).
     
    danielinCO2, of2worlds and Prannay like this.
  18. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,410
    Tampa, Fl
    Most of them are 6 months for the 296.
     
    Prannay likes this.
  19. Prannay

    Prannay Rookie

    Mar 20, 2023
    21
    Midwest
    Full Name:
    Prannay
    That's insane. Seems like a mix of trying to not loose money and owners not being emotionally attached to these 296s.
     
  20. JJ77

    JJ77 Formula Junior

    Oct 3, 2020
    548
    Dino_Argento and Prannay like this.
  21. Prannay

    Prannay Rookie

    Mar 20, 2023
    21
    Midwest
    Full Name:
    Prannay
  22. danielinCO2

    danielinCO2 Karting

    Jan 10, 2023
    140
    Full Name:
    Daniel Jones
    This is wild
     
    Prannay likes this.
  23. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,769
    UK
  24. Cigarzman

    Cigarzman F1 Veteran
    Owner Rossa Subscribed

    Are the F8 GTB trading around the same as the 296 GTB in the UK ?
     
    Stradaleman likes this.
  25. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,769
    UK
    Cigarzman likes this.

Share This Page