Purosangue Market Values

Agree with you totally - for a lot of cars Purosangue included, Ferrari was saying you had to have or buy cars like the Roma to qualify - those qualifications have gone out the window. The cars are way over priced and depreciate the moment you drive out of the showroom. Ferrari make some decent cars but no value at where they’re priced.

 

Same thing with Lamborghini Revuelto in the last 2 year's,but my statement about Purosangue was different, so you have no idea what you agreed with this member
Sorry..

 

I am not sure anyone understands your point. Referencing value at 10 years from now is plain silly.

 

It's very simple ,but you can't get into the arguments.It has always been important for longer periods (minimum 4-5 years) for someone who pay more than a half million dollars on the car market

Your case is flipping 2-3 cars (Urus) in short period and then to say that you get some money ,which is different

 

Important to who? Ive only kept a few cars longer than 3 years, the rest are commodities or just transportation. I had the Perf for 3 years and it depreciated about 35k, the other 2 were roughly 2 years each and were above msrp. Thats not close to flipping.

Today's Ferraris are losing 100k+ driven off the lot.

The cars are overpriced and the buyer pool will shrink at these numbers with this type of depreciation. Only certain cars will hold and those are reserved for the Top clients.

I believe the Revuelto will fall into this category as well however it has a v12 and there arent any options below $1m with the v12 and over 1000HP.

Once again, your point is way off.

 

Each case is individual, however you admitted that you don't keep your cars for a long time. You flipping very often..

*Anyway, this is a topic of prices and value
For other people the situation with certain models is completely different and they plan long term ownership .
So having value planning for more than 3 years is not a bad thing when you spend more than a Half milion dollars for any model,not only Puro

In the end ,my comparison was between Purosangue and L Urus with solid arguments, I comment only on the market and processes

 

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I see you are in Ital so perhaps your comprehension is limited. Keeping cars for 2 years is NOT flipping. I have many cars, several are Ferraris and I have owned them for 3 to 5 years. You are analogy is way off, it doesn't make sense. You clearly aren't in this game.

 

In the last 10 years ton,TON OF CARS for sale (from all brands) are passed through me,so,your comments are not relevant in this case.Im monitoring 24/7 the car market, not only in the European union ,so..
Just pass

 

In the market for a new SUV soon and seriously on the fence, so I appreciate a lot of the comments here.

As a potential first time new Ferrari owner, I was told this week if I want one I could put a deposit down for an early to mid 2027 delivery. This was at a California dealer.

I really liked how the Puro drove, but the overpricing vs expected depreciation on the Puro is hard to stomach. I am typically not price sensitive as I recently overpaid for a rare hyper car with a dream spec, but value does matter to a point, otherwise I would just a buy a black badge cullinan tomorrow.

Debating whether I should order, market purchase (although I don’t like any existing specs), or just wait and see.

 

Puro values are holding up better than I expected so far. Although the inventory is still pretty limited. You'll get some real depreciation with any new car and in my experience ferrari holds up better than most. I bought a 2018 bentayga for $140k in 2020. Worth maybe $60k now. Original sticker was $250k.

 

@dodicimissle37

Recalls are a good way to know what is going on...

They definitely are not over-producing for the USA, but, why is that...not a lot of demand or artificially limiting production...probably not a lot of demand...

https://static.nhtsa.gov/odi/rcl/2025/RCLRPT-25V479-7005.pdf

Total number of potentially involved: 541
Estimated percentage with defect: 100%

Production Dates: Jul 25, 2022 - Feb 18, 2025

 

Just an observation but some have ordered a Purosangue just to expand their Ferrari profile to get a better spot in line for say a new 296 Speciale. Those Ferrari models return to the dealer quickly for resale. Other buyers don't accept delivery of a Purosangue they originally ordered three years ago. For those buyers perhaps the thrill of a new model has worn off earlier. The buyer has simply lost interest in that model but Ferrari doesn't allow the public marketing by the dealer of new inventory. You have to contact a dealer to get a better understanding of their actual Ferrari inventory. Some new Ferrari inventory may be stored off site so just looking in the showroom doesn't tell the whole story.
Finally if you share the color combination you are interested in perhaps an owner here has a new Purosangue that is coming or here already that matches your specifications. Much quicker than 2027 Ferrari Purosangue deliveries. Happy hunting!

 

I’m fine with and expect depreciation, I just hope for it to be relatively reasonable, at least for a Ferrari.

Stellar choice on the Bentayga as well. I drove an S for nearly a year, one of my favorite cars.

 

Thanks for the numbers. It’s hard to tell but I actually don’t mind either way, I really love the car, especially the handling and the V12.

I just believe it would be unfortunate if the significant premium was followed by significant depreciation akin to the SF90 or 296.

 

I appreciate your input, all of it is sensible and in line with what I heard from friends.

I initially inquired a while ago and they asked if I would buy a Roma and I said no. They then asked if I would buy a Puro similar spec to my interest at an outlandish price and I said no as well. Fortunately, I believe we are past that stage now. Though I haven’t thought of offsite inventory, I generally just went off what was online but maybe worth asking again.

On the spec of interest, I would be grateful for the offer and intend to keep for a while. I am primarily looking for a Giallo Modena exterior with a Nero interior (bold but uncommon). Depending on price, I might consider a Rosso (ideally Corsa) exterior with a Cuoio interior.

 

Giallo Modena as you say is less common but certainly out there. I would definitely follow up on off site inventory. Maybe someone here is getting Giallo Modena and has had a change of heart for whatever reason. The search continues >

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So guys, I'm genuinely curious what everyone thinks will happen to the Puro

If its true that there were only 541 cars in the USA (data from the recall), and we see a healthy amount of these cars for sale as 'used' already, this pretty much tells you that there's no demand for the car... at least at $500K. Seems like customers are taking the obligatory delivery, and putting this immediately back on the market. Current pricing is all over the place. Some asking premiums and some are close to sticker. As others have stated, this is not counting the cars that have been declined, but not able to be marketed as available per policy.

15% tariff applies on 12C and Puro. Although I think Ferrari absorbed some. I've heard that several customers canceled due to the additional tariff cost, so there's a chunk of cars incoming that have no buyer attached

So what happens? Dealers wont discount. Let's assume theres soft demand at the current price. Production on v12 line consists of Puro and 12c, both of which have supposed soft demand...

1) Does the Puro get canceled? Fellow member here said they heard they will stop production on this
2) If Puro gets canceled, they double the production of 12c? Surely, there's not enough demand for this

Personally, I'm interested in the Puro, but I am price sensitive. At $300K, I'd buy this all day, but not at $500K. So what will happen to the Puro?

 

Ferrari will continue to produce as many as are ordered same as with the gtc4lusso and FF before. doubt they cancel it.

 

Hoping for an early cycle facelift to fix it. Could be a great seller if improved.

 

My dealer trying to get me to order a second one ‍♂️

 

It will be long time before they are 300K, well equipped and with tariffs they are over 600K now. I do think they will drop at least 100K in the next 6 months and then maybe another 100K in another year then slowly drop from there.

 

Well over 3 years now since I put my deposit down, I have zero interest in the car and think it’s fugly and overpriced. I know Ferrari take a dim view of cancelled orders so it’s just a waiting game, will cancel if and when they force me to spec the car.

 

With the increase costs and tariff added it is definitely way over priced for what it is.

 

Here's my take. I've owned a Lusso for over 8 years. Love it. I've probably lost $150K in depreciation from when I bought it. Sign me up. A Ferrari V12 with 4 seats that sounds amazing with my Kline exhaust CEL and all.....there's no chance I'm rolling the dice on even a used one at under MSRP that's still over $500K even though it's affordable. The desire isn't there....

At the most I can lose another $150K....I see the Puro just like the FF and Lusso in the US. A way for a customer to get something else quicker. Up the list much faster. On the used market quickly to be bought by people that don't want to wait and really want one....I forsee huge depreciation numbers only given the fact it's so damn expensive. I like the styling though not crazy about it. I don't like what they've done with the 12C and new 859. Ferrari has kinda lost its way but they'll continue to sell cars and be hugely profitable no matter what we say here....