296 Values and Used Market

UK car pricing does NOT relate to the USA.

 

People are bidding and buying based on collectability and not driving dynamics.

People see F8 as the last mid-engined ICE Ferrari.

People see 296 as Ferrari's way of using its customers as beta testers.

 

shelf life of hybrid less than f8

 

SUV practical

 

this thread is for 296 values / market in general, it would be overkill to make a seperate EU thread imo

 

agreed. US based folks need to be mindful that different markets have different market conditions.

 

These value threads are not very "valuable," IMO. We usually get the same guesses, and posts by people with an agenda (typically they own another model and want to prop up its value). In the end, you'll only know the real value when you put it up for sale. If you want to own and drive Ferrari, buy the car and enjoy the drive, if residual value is a major consideration, consider a Subaru.

 

GTS deposit placed 4/2022. At that time was told 2-3 years. As much as I want the car today, I was told another 6-12 months recently so still within original expected timeline...

 

Yep. We have a Pista owner in here who does this exact thing in both the 296 and SF90 forums.

 

Hybrids with older technology are running around at a decade old . Taxi’s in NYC are doing 250,000 miles with no battery problems.’
What is your comment based on ?

 

there are candy machines making salt water taffy on coney island that are in service for over one hundred years, the same can not be said for any electronic device moreover the cars software is unstable. software and electronics will never be as reliable as a mechanical device.
that not a ferrari problem but a problem of electronics

 

my comment is based on the law of physics

you can drink 500 year old wine but you can not use a 500 year old battery, a battery is unstable an organic bond is not

 

I'll bet you dollars to donuts that the hybrid battery in the 296 will outlast the (sticky) buttons in a 458.

 

perhaps

 

not sure there are any 500 year old batteries as they were invented in 1800. Your point was superfluous to the point made by you about a hybrid and an F8 where as the point made by me was that hybrids made with far inferior tech than the 296 have racked up 250, 000 miles in NYC . By the way were you not banned or was that some other pasta boy ?

 

Think he took a timeout for 30 days and is back.

 

True.A mechanical watch lasts you a life time compared to a quartz watch.

 

If only we could go back to the good old days of rock solid reliability of ice Ferraris. I mean totally bullet proof without any issues at all, unlike these new hybrid doohickeys

 

True. The days of the incredibly reliable Italian sports car are OVER! Probably ended with the F430. Before that they never had any issues.

 

Lol.

 

spoke like someone who has never had to repair a patek

 

There is no such thing as a reliable Ferrari, at least not in the sense that typical production cars are reliable. There may be Ferrari models that are more reliable than others, but that's about it. My brand new 355 was in the shop at the dealer a LOT more than my brand new 296.

 

We'll see. I suspect that you're right that they'll hold their value very well in the near-term. But once they begin to look dated, I wonder if they may struggle.

Most of us can imagine the appeal of having an 812 or a 296 or an F8 in the stable 10, 20 years down the road. Even if you and I have moved on, there will almost certainly be a market for them with other car guys.

But will there be a market for 20 year old super SUVs? Will it still appeal to you? (Honest question - I'm curious how people view this.)

Certainly the Instagram crowd (which accounts for at least some of those new Lambo buyers) will have moved on by then.

 

i have one on order. Do not expect to hold it more than a few years.

 

My guess (not worth much) is that you'll do just fine then. And I hope you enjoy it in the meantime.