Purosangue Market Values

Spoke to the AD today and was complaining about having paid the deposit almost 3 years ago and he told me they have only delivered 8 in the last 18 months and they have sold several in the last few months, all at least 100 over. I was actually calling to ask for my deposit back and he told me my order was just activated. Damn, I was trying to get off the merry-go-round but I guess I’ll order one.

Am thinking very light build, pretty subtle, blue tdf. Might be able to get away with a build right around $500k so I can actually drive it.

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Hopefully sooner...

 

They are still some 150…200k over in Europe.

 

He was ready for you!

 

Drove one again recently and just can't decide. Love the way it looks, the interior is quite nice, and it drives well. Filling up with gas all the time is annoying for a daily driver. And the v12 sound is great but the NA engine isn't the best for me. The tdf with no shield looks great in that pic.

 

Puro’s here in the US are now subject to the 10% price increase. At nearly $400K before options, adding an additional $40K to the base price is noticeable. I don’t believe there is any chance Ferrari reverses that decision if the tariffs are removed or negotiated lower. The price increases are here to stay regardless.

 

Today I was told 5% but they didn't say what they based that off of.

 

This is not true. It is 5% on the Purosangue.

 

Well that is a welcome surprise. Mine must be at port and being held as I received the photos on the app months ago. Does anyone know if Ferrari is slow walking deliveries to US dealers with the tariff uncertainties seeing if a deal is struck?

 

Do you know if the 5% applies to the 12C as well?

 

Nope

 

I heard base msrp up to 423k, up from 399k in 2023 and 2024. And that’s BEFORE tariffs… yikes!

 

There is a lot of consternation around the depreciation of Ferrari and it’s justified. Owners and potential owners are walking away. However I don’t think the reaction would
Be so visceral if the dealers and sales people and the company itself were suck entitled dicks. To basically say give me 600k for a crappy suv and shut up is just a turn off. It’s gutting the brand.

Porsche played this game and their company is hurting. Sales are down.

Fortunes and reputations can change on a dime. Companies should play the long game and be grateful to their customers. It’s not just Ferrari but seems to
Be a growing trend.

 

If they were saying that then I guess you’d have a point but how rude is your dealer LOL? Mine is actually quite nice and I don’t know of another car like it so the price seems alright to me. I mean it is a Ferrari. “Expensive unobtanium” is kinda their thing. That’s why we didn’t have posters of a Toyota Camry on our walls growing up. A Camry is a fine car but… you know…it’s no Ferrari

 

Yes. That’s what they are saying.

 

Sounds like your dealer is the issue...

 

In that case, run and find a new dealer! Sounds like yours has Tourette’s

 

I think the dealers and their employees are mostly incompetent and unprofessional. At least that is in my case. Big turnoff. Multiple people I know are done but I know they will be backfilled with someone who thinks they are special for being given an allocation that will take 3 years to fill.

 

Fwiw my recent transaction with FofMinneapolis was exceptional and restored much faith.

 

Good to know but quite frankly Ferrari is not selling anything I'm excited about these days.

 

I thought you were ordering a GTS?

 

Canceled it a while ago when they wouldn't guarantee me the VS. Also, canceled my 12c. Might not take my Purosangue either, I'm waiting for it to come in and see how they do on my trades first.

 

Wish you the best.

 

Ferrari of Austin has always been great to me.

If they had not been, I would not be owning any of Ferraris, no matter how nice the cars might be. I had perused a couple of other dealerships in prior years with whom I would never do business because of how they acted towards us when we visited. Ferrari may underestimate the role of a good dealership in obtaining and retaining clients...

 

I have extremely low tolerance for any price increases!