Thoughts on this 296 GTB dealer demo Deal: | FerrariChat

Thoughts on this 296 GTB dealer demo Deal:

Discussion in '296' started by Scout123, Oct 29, 2025 at 4:18 PM.

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  1. Scout123

    Scout123 Formula Junior

    Nov 1, 2017
    630
    All, I am looking a trading in my 2017 488 Spider (14k miles) on the following 296 GTB from Ferrari San Francisco:

    https://preowned.ferrari.com/en-US/a/north-america/used-ferrari/usa/ferrari-of-san-francisco/296-gtb/ZFF99SLA2N0283362-1760955413860

    It is a 2022 that was the dealer's demo, Imola red, 5800 miles, pretty loaded with a lot of carbon fiber @ $299,000. They are also offering me two additional years of bumper to bumper warranty for $5400; and giving me $125k for trade in (so total current trade difference is $79,520).

    I have not made any counter offer yet. Thoughts?
     
  2. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    6,201
    France
    I'd say trade-in is low (which is common practice from dealers) but on the other hand $300K for a 296 is not really much... In terms of value (considering what a 296 is compared to a 488) it looks like a good deal but you may want to have a close look at the market to double check whether it's consistent with the current situation.
    It also depends on what the initial MSRP of the 296 was.
     
  3. ferrefeh

    ferrefeh Formula Junior
    Silver Subscribed

    Nov 8, 2020
    265
    Illinois
    Full Name:
    Feh H
    Trade in is $225k right?
     
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  4. SAFE4NOW

    SAFE4NOW F1 Veteran
    Sponsor Owner

    Aug 25, 2004
    5,898
    Dallas Texas
    Full Name:
    If you know you know
    296 > 488 IMO , that is a lot of car for the money, I know once you get it, you won't second guess yourself!
    The one point I would ask you double check is the .... $5,400 for bumper to bumper warranty for 2 years... statement
    296 normally only have warranty extension or warranty extension hybrid options in 1,2, 0r 3 year terms at a much higher price.
    $5,400 sounds like V8 power16 pricing. I could be wrong, so please confirm in advance of purchase. If pricing is correct... that part is a steal!

    Not knowing the actual condition of the trade in, $125k could be high.. :wink
    Remember, every seller's car is in perfect condition... lol

    Steve
     
  5. SMSD

    SMSD Karting
    Rossa Subscribed

    Oct 23, 2022
    212
    On these demos, Make sure it was never used for Corsa Pilota
     
  6. rbobby

    rbobby Karting

    Aug 13, 2014
    96
    Great point. A few cheaper cars I enquired when I was looking were Corsa Pilota cars. Not worth the trouble for my taste.
     
  7. numisrx

    numisrx Formula Junior
    Silver Subscribed

    Jul 4, 2007
    467
    Pasadena, CA
    Full Name:
    Wayne
    I just bought practically that same car a couple of months ago. Dealer demo, Rosso Imola with similar mileage and lots of carbon fiber. My Ferarri’s have generally been black, but I love the color. Sticker was 444K, I negotiated to 290 with a $9500 CPO 2 year warranty. no trade in.

    I absolutely love that car! I did Corso Pilata last month at Laguna Seca and it was amazing. Can’t weigh in on the trade in, but the price I was offered on my GTC4 Lusso made me say never mind, I’ll keep it.


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