296 Values and Used Market | Page 18 | FerrariChat

296 Values and Used Market

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

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  1. 09Scuderia

    09Scuderia F1 Rookie

    Nov 20, 2011
    2,805
    USA
    Full Name:
    Max
    UK car pricing does NOT relate to the USA.
     
  2. 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.
     
    Jo Sta7, willcrook and Pastaboy1980 like this.
  3. Pastaboy1980

    Pastaboy1980 Formula Junior
    BANNED

    Mar 31, 2023
    343
    Rolling Hills
    Full Name:
    Fra
    shelf life of hybrid less than f8
     
  4. Pastaboy1980

    Pastaboy1980 Formula Junior
    BANNED

    Mar 31, 2023
    343
    Rolling Hills
    Full Name:
    Fra
    SUV practical
     
  5. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,779
    UK
    this thread is for 296 values / market in general, it would be overkill to make a seperate EU thread imo
     
  6. 09Scuderia

    09Scuderia F1 Rookie

    Nov 20, 2011
    2,805
    USA
    Full Name:
    Max
    agreed. US based folks need to be mindful that different markets have different market conditions.
     
    KL runner likes this.
  7. JimPVB

    JimPVB Formula Junior

    Apr 24, 2016
    675
    Florida
    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.
     
    KL runner, ForeverNA, 3POINT8 and 5 others like this.
  8. RADONCulous

    RADONCulous Rookie

    Jul 25, 2017
    46
    Miami
    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...
     
  9. Divexxtreme

    Divexxtreme Formula Junior

    Aug 14, 2020
    878
    Full Name:
    Scott
    Yep. We have a Pista owner in here who does this exact thing in both the 296 and SF90 forums.
     
    JimPVB, KL runner and rg88 like this.
  10. KL runner

    KL runner Formula Junior

    Jul 25, 2023
    771
    Not in US
    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 ?
     
  11. Pastaboy1980

    Pastaboy1980 Formula Junior
    BANNED

    Mar 31, 2023
    343
    Rolling Hills
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    Fra
    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
     
  12. Pastaboy1980

    Pastaboy1980 Formula Junior
    BANNED

    Mar 31, 2023
    343
    Rolling Hills
    Full Name:
    Fra
    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
     
  13. I'll bet you dollars to donuts that the hybrid battery in the 296 will outlast the (sticky) buttons in a 458.
     
    DQSF likes this.
  14. Pastaboy1980

    Pastaboy1980 Formula Junior
    BANNED

    Mar 31, 2023
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    Rolling Hills
    Full Name:
    Fra
  15. KL runner

    KL runner Formula Junior

    Jul 25, 2023
    771
    Not in US
    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 ?
     
  16. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,410
    Tampa, Fl
    Think he took a timeout for 30 days and is back.
     
    Cigarzman and Jo Sta7 like this.
  17. Sankar

    Sankar Karting
    Rossa Subscribed

    Sep 21, 2014
    67
    Toronto
    Full Name:
    Mani sankar
    True.A mechanical watch lasts you a life time compared to a quartz watch.
     
    Pastaboy1980 likes this.
  18. SMSD

    SMSD Karting
    Rossa Subscribed

    Oct 23, 2022
    207
    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
     
  19. Jo Sta7

    Jo Sta7 F1 Veteran
    Rossa Subscribed

    Oct 13, 2015
    6,042
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    Jon
    True. The days of the incredibly reliable Italian sports car are OVER! Probably ended with the F430. Before that they never had any issues.
     
    IvanRico, DQSF, Gh21631 and 1 other person like this.
  20. Divexxtreme

    Divexxtreme Formula Junior

    Aug 14, 2020
    878
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    Scott
    Lol.
     
    Schultz and Jo Sta7 like this.
  21. SMSD

    SMSD Karting
    Rossa Subscribed

    Oct 23, 2022
    207
    spoke like someone who has never had to repair a patek
     
    danielinCO2 and KL runner like this.
  22. Cool Runnin'

    Cool Runnin' Karting

    Apr 13, 2008
    145
    FL
    #447 Cool Runnin', Mar 10, 2024
    Last edited: Mar 10, 2024
    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.
     
    Jo Sta7 and KL runner like this.
  23. NGooding

    NGooding Formula 3
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    Apr 5, 2021
    1,428
    Connecticut, USA
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    Nate
    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.
     
    Caeruleus11 likes this.
  24. SMSD

    SMSD Karting
    Rossa Subscribed

    Oct 23, 2022
    207
    i have one on order. Do not expect to hold it more than a few years.
     
  25. NGooding

    NGooding Formula 3
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    Apr 5, 2021
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    Nate
    My guess (not worth much) is that you'll do just fine then. And I hope you enjoy it in the meantime.
     

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