Purosangue Market Values | Page 25 | FerrariChat

Purosangue Market Values

Discussion in 'Purosangue' started by 1881, Dec 18, 2023.

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  1. Lagunae92

    Lagunae92 F1 Rookie Silver Subscribed

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    With the reveal of a 4 seater electric car, does the PS do better long term?
     
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  2. willcrook

    willcrook F1 Rookie Silver Subscribed

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  3. JTSE30

    JTSE30 F1 Rookie

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  4. St.R

    St.R Formula Junior

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    No because two different cars. EV should be more like a Taycan instead a SUV. The Purosangue successor will likely also have a V12 again. Demand was too high for Ferrari to release it without a V12.
     
  5. JTSE30

    JTSE30 F1 Rookie

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  6. dustman

    dustman F1 World Champ Rossa Subscribed

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    Bad platform to try and unload such a car.
     
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  7. bigcrown

    bigcrown Karting

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    Not sure I'd want a car with a branded title even if car was mechanically sound....

    Known Flaws

    • The attached Carfax history report indicates that this Purosangue was recovered after being stolen in March 2025.
    • Some chips on wheels
     
  8. Dane100

    Dane100 Karting

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    It's totally crazy that they are asking you for so much more now. Can you get your deposit back if you decline? I am interested to know as mine is arriving in a couple of months, and I do not want to pay a single dollar over. I gave my deposit 4 years ago.
     
  9. boobernackle

    boobernackle Formula Junior

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    Could you elaborate how buying a Ferrari under a business or LLC helps offset the losses? Are you depreciating the cars and using for work? Any guidance would be appreciated... feel free to PM me as well!
     
  10. Gh21631

    Gh21631 F1 Veteran Silver Subscribed

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    You can depreciate and write them off if used for business. Also, if a truck or SUV is over 6,000 lbs you can fully depreciate I believe in year 1.
     
  11. boobernackle

    boobernackle Formula Junior

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    That is correct, but how are you depreciating a $500K car/Ferrari for business without having a red flag to the IRS? Unless it’s a legitimate luxury rental, yes, but what else?

    Would love to know as when I bring this up with my CPA, I get shut down.
     
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  12. Gh21631

    Gh21631 F1 Veteran Silver Subscribed

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    Depends on your income. For example, if you are making 300k a year and depreciating a 500k car that might be a problem but if you are making 10m different story
     
  13. ipsedixit

    ipsedixit Formula 3

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    But if you're making 10M, I don't think you're really going to sweat about trying to depreciate something petty like a 500k car, ahem, SUV.

    The amortization or write-off of Purosangue for someone making 10M doesn't even amount to a rounding error.
     

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