Would you decline delivery of your Ferrari if there is a tariff (US buyers)? | Page 8 | FerrariChat

Would you decline delivery of your Ferrari if there is a tariff (US buyers)?

Discussion in 'Ferrari Discussion (not model specific)' started by F430 Driver, Feb 1, 2025.

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

Tags:
?

Would you decline delivery if a tariff is placed on your Ferrari at delivery?

Poll closed Apr 1, 2025.
  1. Yes if there was a 25% tariff or more I would decline delivery

    159 vote(s)
    77.9%
  2. No I would still take delivery even with a 25% tariff

    12 vote(s)
    5.9%
  3. I am unsure if I would take delivery or not if there was a tariff

    33 vote(s)
    16.2%
  1. Rory J

    Rory J Formula 3

    Joined:
    May 30, 2006
    Messages:
    1,133
    Corvette sales are going to skyrocket.
     
    bigpuma likes this.
  2. Ducati

    Ducati Formula Junior

    Joined:
    Jan 23, 2004
    Messages:
    364
    Location:
    So. Cal
    Full Name:
    Joe
    Wow, I just received my SF90 last week. That was too close. Hopefully this is a negotiating tactic and goes away quickly. I am not on the list for an F80 but 25% of that car would be astronomical!!!!
     
  3. ccagg

    ccagg Rookie

    Joined:
    Aug 14, 2014
    Messages:
    6
    Already took delivery of my 296 GTB. Have a 296 GTS on order. will Cancel the GTS and Keep the GTB. Price should go up nicely.
     
    willcrook and x z8 like this.
  4. 250boano

    250boano Formula Junior

    Joined:
    Apr 27, 2022
    Messages:
    452
    Location:
    Europe
    Full Name:
    DD
    If it hasn’t been released by 2nd April duties will be due.

    I’d very seriously call your dealer and let them know they need to get that thing cleared pronto.
     
    F430 Driver likes this.
  5. Nospinzone

    Nospinzone F1 Veteran

    Joined:
    Jul 1, 2013
    Messages:
    7,808
    Location:
    Weston, MA
    Full Name:
    Paul
    So let’s say your $500,000 Ferrari is delivered on April 3rd and you find out that with the 25% tariff, it is now $625,000. You don’t like it, but hey, the law is the law and you pay it.

    A week later, Trump not flip flopping, but being “flexible”, rescinds the tariff. Does Elon cut you a check for the extra $125,000 you paid, or are you just SOL?:confused:
     
    F430 Driver, x z8, willcrook and 4 others like this.
  6. dustman

    dustman F1 World Champ Rossa Subscribed

    Joined:
    Jun 12, 2007
    Messages:
    11,624
    If this impacts Aston then I am out.
     
  7. rg88

    rg88 Formula Junior

    Joined:
    Feb 10, 2024
    Messages:
    583
    Location:
    USA
    Full Name:
    rg
    Tariffs are paid to the government. That money is gone forever even if they're rescinded down the line. Nobody will get a refund.

    Until this situation is further clarified by the regulators, it would be difficult to know the exact impact on end user pricing. The safest thing to say is unless you're taking delivery before April 2, nothing is guaranteed.
     
    F430 Driver, technom3 and x z8 like this.
  8. Texas Forever

    Texas Forever Eight Time F1 World Champ BANNED Rossa Subscribed

    Joined:
    Apr 28, 2003
    Messages:
    85,600
    Location:
    Texas!
    [QUOTE="Nospinzone, post: 150060058, member: 145516"are you just SOL?:confused:[/QUOTE]

    Yup.
     
    technom3 and Nospinzone like this.
  9. Texas Forever

    Texas Forever Eight Time F1 World Champ BANNED Rossa Subscribed

    Joined:
    Apr 28, 2003
    Messages:
    85,600
    Location:
    Texas!
    My P-Bug has a 4/7/2025 build date. It has a 5/15/2025 delivery date. So far there is no word from Porsche.
     
    F430 Driver, technom3 and ryalex like this.
  10. JAM1

    JAM1 F1 Veteran Rossa Subscribed

    Joined:
    Oct 22, 2004
    Messages:
    8,754
    Location:
    FL, NY, and MA
    Full Name:
    Joe
    I recently imported a car from EU and Cargolux told me a few weeks there has been a spike in sales and transportation is backed up now as people rush to fly cars out before impending tariffs kick in. There is also a backlog of applications for customs on both ends as with high value vehicles you need a permit for each individual car to export them in the first place. It’s going to go from total **** show of export/import to nothing overnight.
     
  11. ryalex

    ryalex Two Time F1 World Champ Consultant Owner

    Joined:
    Aug 6, 2003
    Messages:
    26,133
    Location:
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    Three friends have texted me about this since lunch time. Mine isn't even assigned a VIN so who knows, maybe this blows over. But I wrote back exactly what you said too... somewhere between $660k and $690k for a GTS?!
     
    F430 Driver likes this.
  12. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Joined:
    Dec 4, 2004
    Messages:
    14,527
    Location:
    FL
    What a mess. Who knew "reciprocal" tariffs actually meant blanket 25% for everyone. I can't see this ending well. Doubtful 25 year old and plus cars get some tariff break, but I can always hope...
     
  13. willcrook

    willcrook F1 Rookie Silver Subscribed

    Joined:
    Feb 3, 2009
    Messages:
    2,773
    Location:
    UK
    I am suspecting a lot of cancelled orders coming very soon
     
    F430 Driver and Nospinzone like this.
  14. 3POINT8

    3POINT8 F1 Veteran Silver Subscribed

    Joined:
    Jan 23, 2014
    Messages:
    5,398
    how far along is your gts order? i just placed the second deposit. I don't believe i can cancel. How does that work?
     
  15. JAM1

    JAM1 F1 Veteran Rossa Subscribed

    Joined:
    Oct 22, 2004
    Messages:
    8,754
    Location:
    FL, NY, and MA
    Full Name:
    Joe
    Customs broker I used said they’re expecting blanket 25% tariff with no break for used, vintage, etc.
     
    willcrook and BMW.SauberF1Team like this.
  16. x z8

    x z8 Formula 3

    Joined:
    Nov 22, 2009
    Messages:
    1,373
    Location:
    Florida
    Full Name:
    Jeffrey
    My order will be canceled. I would expect an avalanche of cancellations unless Ferrari chooses to temporarily absorb the tariff.

    Virtual new Ferrari’s under MSRP is the new sweet spot IMO.

    I recently purchased two on this possibility.
     
    F430 Driver, Nospinzone and PixelStix like this.
  17. Archer1021

    Archer1021 Karting

    Joined:
    Aug 8, 2021
    Messages:
    171
    Me too unfortunately. No need to absorb the 25% tarrif. Especially on the newer models that loose enough as it is
     
    PixelStix likes this.
  18. Archer1021

    Archer1021 Karting

    Joined:
    Aug 8, 2021
    Messages:
    171
    you probably loose your deposit. I’d would rather be out 10-20k vs over pay 125k for the car
     
  19. x z8

    x z8 Formula 3

    Joined:
    Nov 22, 2009
    Messages:
    1,373
    Location:
    Florida
    Full Name:
    Jeffrey
    Prediction: Ferrari raises MSRP’s 5- 7.5% and announces they will absorb the rest.

    What would you do?
     
    BigJay2050 and technom3 like this.
  20. clockem

    clockem Formula 3

    Joined:
    May 18, 2009
    Messages:
    1,142
    Location:
    Chicago
    Full Name:
    Gary
    Keep in mind with the Tarriff comes additional sales tax. Assume you live in a state that charges a 10% sales tax. That makes the 25% tariff actually 27.5%. Sorry to add fuel to the fire.
     
  21. dustman

    dustman F1 World Champ Rossa Subscribed

    Joined:
    Jun 12, 2007
    Messages:
    11,624
    Join all other manufacturers, Allocate all USA product to ROW, make new high profile clients. Let frustrated USA buyers carry the water and put pressure on the DB’s to rectify. Send message.

    And back to reality.
     
    BMW.SauberF1Team likes this.
  22. x z8

    x z8 Formula 3

    Joined:
    Nov 22, 2009
    Messages:
    1,373
    Location:
    Florida
    Full Name:
    Jeffrey
    I don’t see the rest of the world buying more cars unless they were discounted- by a lot.

    Tariffs are a tax. Higher prices reduce demand which also reduces sales and profits. The world economy will suffer. Trump is playing chicken- betting that the USA can better withstand a pissing match because our economy is the strongest and broadest.

    My apologies.
     
  23. ryalex

    ryalex Two Time F1 World Champ Consultant Owner

    Joined:
    Aug 6, 2003
    Messages:
    26,133
    Location:
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    I didn't realize that was state taxable on the tariff amount, too. Yeesh.
     
    F430 Driver likes this.
  24. dgoldenz94

    dgoldenz94 Formula Junior

    Joined:
    Apr 13, 2020
    Messages:
    648
    Location:
    Las Vegas
    Full Name:
    David Gold
    willcrook and ryalex like this.
  25. ryalex

    ryalex Two Time F1 World Champ Consultant Owner

    Joined:
    Aug 6, 2003
    Messages:
    26,133
    Location:
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    That's one way to meet your sales quota for March! Especially since they apparently intend to change pricing before the tariffs take effect?
     
    350MH83, BigJay2050 and technom3 like this.

Share This Page