296 VS

10 coupes and 6 apertas here

 

I Would love to see more cars out in the flesh to help with my color choice. It seems that the speciale looks good in almost any color!

 

The paint and livery pricing has become so exorbitant that I’m reconsidering my spec.

I was looking at triple layer paint + triple layer livery and the cost is coming to around 20% of the base price just for exterior paint and livery (stripes and numbers only)

I’m strongly considering doing a standard paint for the exterior and getting a colored PPF for exterior (as I have to do PPF anyway) and do the livery myself with colored PPF. Colored PPF has come a long way and looks indistinguishable from paint, provided the installation job is good.

I don’t plan to sell the car so resale is not a factor. This also would be easier to repair as triple layer paint is hard to match in bodyshops. Also gives me flexibility to change the color spec in a few years if I want to.

 

I just saw an amazing colored PPF wrap at SAGE Auto Studios. I was shocked- how good it looked. They also do CF wrap that is indistinguishable from the real thing. The cost of these items is really out of hand for just cosmetics. The price of everything and the value of nothing?

 

Exactly this with me too! Livery and Paint cost over 100K. Now rethinking things too!

 

People spec'd 360 Stradale Scuderia Speciale Pista def got back what they paid for special items and then some.
We all took a big hit 100 - 150k on 296 some even more - only live once and these only come around every five years.
One year to see the debut, one or two years to get the car.
Seems worth getting what you want after 3 years - paint may not be worth the dollars, small car if you are getting stripes and numbers. There are great historical paints - no one can tell 95% of the time.

 

The cost of these paint options is going to cause depreciation in this model for highly spec’d cars beyond what’s normal. It’s the options where we are all getting killed.

 

On limited editions?
Short term - yes / long term - no
I really think long term TM and Atelier will go for a lot more than non.
People move to the front of the line with big specs - there are advantages.
Agree you don't need 40 -75k paint, but on a LE I think the downside if any is minimal.
Porsche PTS goes for way above the cost - it's more limited but I think TM and Atelier is becoming more limited as well or at least more rare. My 812GTS TM sells way above the cost difference.

 

Historically, sure. But these new options pricing are well above historical norms for this brand.

 

I think these insanely expensive builds are not going to fare well until people stop doing them- and they become rare again.

At one time very few paid these crazy prices and they were really scarce or rare- now they are almost common. The AF package on the 296 is meaningful- and no one cares because there are too many sellers. That could be a one off for a variety of reasons and it’s just the same- expensive builds are too common on the secondary market and most 2nd hand buyers will not pay up for what is no longer rare.

I only purchased my AF 296 because of the heavy discount. I like it but I wouldn’t have paid MSRP to get it. And I think there is real value in the AF.

A hyper car with too many options- that may hold up because it starts out rare to begin with. The rest- is a suckers game if you’re doing it for “investment “. Respectfully IMO.

 

Completely agree. These cars have all become atrocious investments. Even the hypercars are terrible. The XX and SP3 are both doing well (SP3 mind blowingly so) but if they aren’t numbered, just forget it.

however, if someone is spec’ing a car with expensive options because they love it, and are making it special for them, hell ya. I find zero fault with that. Makes absolute sense to me. Don’t expect an ROI, even on a special, but there’s way more to life.

 

I started wondering which color I might choose that wasn’t 3/4 layer pricing, then took delivery of my Purosangue in Rosso Libano today, and after the sun hit it for the first time, it’s hard not to want paint like that. It’s the 5th 3/4 layer paint I’ve ordered, and it’s dizzying to think about the cost of them all, but what a difference it makes.

 

Every limited edition debut and extra options - people said the same thing every time.
Dino 16m 458S XX Puro made guessing - 1.5 - 2m above what I paid - yes lost on others but also drive all my cars - less depreciation even on daily Ferrari's than other brands. I have owned them all.
Instead of buying F40 bought a Carrera GT which 4x cost but I read the threads here that said an F40 F50 were way over priced.
Same 599GTO - people said it's too much like 599 and looked at a Stradale again people said it's over priced and now triple. Go read the Stradale value thread - I have for over 15 years and stupidly listened to the wrong ones.

Suckers game - even recently have yet to see a guy who 2- 3x his 812 Comp 812 Aperts or Monza LaF etc complain.
Challenge guys spend 1m racing are receiving allocations that more than cover their racing.
The higher pricing has raised all the older cars especially the limited editions - it's only a suckers game for some, welcome to the real world. The long term investors always win over short - Ferrari collectors have made 10's of millions. Imagine buying a 5000,00 250GTO now worth 50m and I know guys who did just that. No one wanted old Ferrari race cars - were they called suckers back then - 100%.

I know a lot of guys that had an old Ferrari now worth more than than their entire net worth.
Watch a David Lee video talking about making 20-30m of his collection and how he got banned from Ferrari bragging he was receing an allocation that got him in trouble. The big collectors don't post don't talk def don't post here - there are two sides to Ferrari - sadly one here is repeated in volumes

Weigh things out - take any scenario and I will be happy to prove that Ferrari financially makes more sense financially than any brand

I left the brand bought Senna and many others - if I would have stayed owned a F12 tdf which I turned down 812 Comp - walking away and returning cost me easily 1m.

Just showing people that historically many here are just wrong - but the important part is to enjoy your cars and If it's all about the quick money, it will never end well in anything you invest in.

Porsche owners who bough 918 were rewarded with limited editions for a decade and their 918 2-3x.
Other Porsche buyers who could not get a LE - complain while 918 guys celebrate. Porsche and Ferrari have strong followings - these forums / posts maybe represent 2-3% of owners.

 

No pic?
Shows how some are wired (no fear) differently - enjoy!

 

Here is mandarino on GTS
Image Unavailable, Please Login

 

Congratulations! Would love to see how that looks.

I completely agree.

I think you can talk yourself into justifying or poo-pooing going with a more traditional or more unique spec- there are good arguments on both sides.

Go with what you really love and will be rewarding for you to own, and you will be happy.

 

And NEVER think about depreciation or invest in these cars for anything other than pure enjoyment. You cannot be disappointed with that mindset going in.

 

Clarification: I am referring to the regular production cars regarding excessive option costs.

Note: The V8 limited editions (pre hybrid) have regularly been available for less than MSRP after issue for some length of time.

Further note: The collector Ferrari market has expanded greatly since the days of the F40/50. If the size of the collector base continues to expand you will likely be right. And- It’s much harder for this to happen after this much expansion- and I don’t have a crystal ball.

 

I’ll try and get a pic. The stills from the video didn’t come out well. Darkened up too much, but here:
https://www.instagram.com/reel/DPX1NdUkXxi/?igsh=N2V6cnhtMHdmZ2Jt

 

Really? My 812 GTS was $473k that way I spec'd it. I don't think there's a chance it would sell below $600k.

 

By curiosity I looked at cars.com; there are 52 812 GTS, of which only 4 are asking more than $600K. No idea of the MSRPs of the cars though.

 

Not sure about that, but mine was specced at 687 and just sold 715…but very quickly. And an over the top spec. Thought about holding out for more, but too much going on.

 

that’s last generation. Try the same game with a 12C.

For fun though, see what your dealer would give you and report back. Bet you may be shocked.