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

https://www.reddit.com/r/Ferrari/comments/1jcljwh/20m_worth_of_ferraris_shipped_by_air_cargo/?share_id=oVBs4fMgkYFF-yltp1HGE&utm_content=1&utm_medium=ios_app&utm_name=ioscss&utm_source=share&utm_term=10
WHEN YOU NEED TO GET YOUR CAR BEFORE APRIL 2 DEADLINE - SOME HAVE OPTIONS. !

 

EU can just charge what we charge and then there's no problem. What part of that is hard to understand? You will make a deal and that's just how that's going to go down. Ferrari believes that in the end their up to 10% increase will be net neutral or they will actually make money. I'd still cancel any active order though.

 

You are so funny And just for your information. You are completely wrong

 

What is so hard about reciprocal trade with the larger economy? Or even better. The US will raise Tariffs to 50% on all cars coming in with GPF. Force you to make cars with the possibility of sounding good.

 

Today's WSJ

U.S. President Trump said he will impose 25% tariffs on all vehicles imported to the country from April 2, a move that will hit Ferrari more than most European manufacturers as it only produces its cars in Italy.

The Maranello, Italy-based company said it will shield customers from the brunt of U.S. tariffs by absorbing the cost of higher import duties on certain models, while passing on only some of the impact through higher pricing on others.

Ferrari said commercial terms relating to orders of all models imported into the U.S. before April 2 remain unchanged.

Canadian Prime Minister Mark Carney outlined plans to respond after President Trump announced a 25% tariff on cars made outside the U.S. Photo: Blair Gable/Reuters
Commercial terms for orders of its 296, SF90 and Roma models will remain unchanged regardless of the import date, it noted. This implies that Ferrari will cover the cost of any duties due on such models imported to the U.S. after the April 2 deadline.

For the Italian sports-car maker’s remaining models, the cost of duties will be partially added to sales prices, up to a maximum 10% increase, in coordination with its dealer network, the company said. This affects models such as the Purosangue or the 12Cilindri.

Ferrari maintained its financial targets for 2025, but warned of a potential 50 basis-point reduction to its earnings before interest and tax, and earnings before interest, tax, depreciation and amortization margins.

The company is targeting an 2025 adjusted Ebitda margin of at least 38.3% and an EBIT margin target of at least 29.0%.

The update sent Ferrari shares up about 1% in late European trade, bucking a selloff in global auto stocks. The shares were trading lower before the announcement.

Ferrari last month said it had an order book covering the entirety of 2026 fueled by order intake for its 12Cilindri models. The company has its biggest market in the U.S., which accounted for a quarter of shipments last year.

Write to Dominic Chopping at [email protected]

 

anyone knows if the tariff on the SF90XX is also covered by ferrari or only the coupe and spider

 

Just buy a place in Europe and take delivery there.

 

I believe the press release mentioned the "family" of cars exempt from price increases.

 

dealers are not sure if XX is part of it

 

I will take a radiant Grigio Coburn 812GTS on the rocks, with splash of Rosso Mason Semianiline Leather, extra carbon fibre, and extra elegance.Throw on a few sprinkles so it gleams in the sun... I will order something else when all settles down. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login

 

At that point are you only paying to ship the car since it's going to yourself?

 

I think it was mentioned earlier, but new cars have to go through the dealer they were ordered from. I don't think you can buy a car new from a US dealer and take delivery elsewhere and bypass the US.

 

No. It would be due on importation. Also you would get the added benefit of leaving a bond at 2.5 times the value of the car.

 

FWIW, I had been having initial discussions on buying a new 750S (not a Ferrari I know, but the best I could afford) but between the tariffs and recession fears I have shelved the idea for now. So possibly another data point

 

Why not purchase a virtually new 296? I recently purchased one for well over $100K off with 1700 miles and now have 3 years warranty on it.

 

No EVs or hybrids for me....yuck

 

Yuck? Turbos sound yuck. Turbos have lag. MACs look like bugs. And- I still might eventually get one because of their other attributes. The 296 experience is rather incredible. IMO. Horses for courses.

 

I understand the opinions on turbos, in all honesty I would happily buy a 812GTS or Aventador Roadster instead but they are $250k+ more for late models. New 750s are the best value for a middle class worker bee.

 

I also love my Maserati MC20. It’s a bargain for well under $200K (almost new with warranty remaining) and it’s possibly the most beautiful car at any price.

 

Love the MC20- the looks, handling etc. I wish the engine didn’t sound so “pedestrian “

 

With the new announcement - are they:
A. raising prices 10% + the 25% tariff - so 35% total?
B. discounting the cars 15% to offset most of the tarrif, resulting in a net 10% increase?

I thought A but my friend in Europe says it's B. I'm confused, please help.

 

Not sure anybody knows for sure as I thought A was the answer. If it is B they are discounting their newest models - the 12C and the Purosangue- indicating the market is soft for them but if A is true they are indicating their newest models are selling briskly and the Roma, SF90 and 296 sales are softer. Either scenario is problematic as a 15% or 35% increase in price will kill demand in the US-not everyone in the US is a pro athlete, rapper, media star or billionaire who can peel off an extra $100-300K for cars that Ferrari already sells at a premium so they “won’t leave money on the table”

 

Ferrari is screwed just like every other European manufacturer. Either build in the US or get your country to drop its protective tariffs now. I don’t know many companies which can weather this kind of sales drop ( if any can it would be Ferrari)