296 Values and Used Market | Page 19 | FerrariChat

296 Values and Used Market

Discussion in '296' started by Mrwatchdawg, Aug 31, 2023.

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  1. Caeruleus11

    Caeruleus11 F1 World Champ
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    The answer is we will need to see what they do next with the 4 seater.

    For example, what they make another V12 powered vehicle? So we can’t say.

    As for the hybrid Ferraris, I think the market is still figuring it out as this is something new to the Ferrari world, however, in the US there is 7 years of warranty coverage….but- I wonder if everyone knows that. And we are also in a time of a lot of upheaval.



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  2. Pastaboy1980

    Pastaboy1980 Formula Junior
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    who over lost money on a ferrari
    i plan running the miles up as much i can
     
  3. Pastaboy1980

    Pastaboy1980 Formula Junior
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    a covalent chemical bond is the most stable way to arrange electrons. a battery can never store charge like a hydrocarbon.

    there will never be any electronic device as reliable as an analog device its physics and chemistry

    but the 296 is a great car i have a taylor made on order
     
  4. KL runner

    KL runner Formula Junior

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    once again a comparison so broad it does not make sense off the back of a google definition followed up by a sweeping statement that is easily refuted , there will ‘never be’ ?

    without electronics where would we be ?

    Is this your tailor made that has been perpetually on order , never to see a final spec or contract ? I think this is why you were banned from this forum in the past . You may well be skating close to the wind again .

    please keep your posts relevant rather than opinionated superfluous unsubstantiated rambles .
     
  5. boxerman

    boxerman F1 World Champ
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    Amen
     
  6. SMSD

    SMSD Karting
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    I am far from an EV booster but this is nonsense. Electric energy is far more efficient than hydrocarbons. EVs convert ~ 75% of the electric energy to power at wheels. ICE -- 10-30%.
     
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  7. boxerman

    boxerman F1 World Champ
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    #457 boxerman, Mar 13, 2024
    Last edited: Mar 13, 2024

    We know how they were before, so so constructed with easy ability to go off tune.. But they were also steam train simple, easy to fix in a garage and endlessly rebuildable as they were a cottage industry product.. There difficulty to operate meant they were for drivers not speculators and investors.

    Nowadays there seems to be this obsession with value and appreciation, daily use, and then maybe really using the car.
    Were at the point where the rise in Middle east demand, and then Asia demand has been factored in for ferrari porche etc production. Were coming to the end of the post covid boom. Most cars are going to follow the historic trajectory of depreciation to a point before thye become some sort of classic and appreciate.

    The 296, will it have the long term durability of others, hard to say, most here are not planning on keeping past warranty. The la ferrai and few others had relatively short battery lives, and by the time you need to replace the tech has moved way on. At some point n the aftermarket specialists will know how to keep these cars going.

    As for touch screen dashes, that imo is a silly idea, like a rolex with a quatrz movement.
    The general trend now is to offer buttons and knobs for all regular use items and screens for functions seldom sued and basic setup. Screens and menus may fascinate engineers with what they can do, but regular humans have other needs.

    296 though, awesome car, and an electric flywheel essentially negates turbo lag, adds low down tq and lets a highly boosted turbo motor sing where it works best, you end up with the TQ and response advantages of a big bore NA motor and the power of max turbo motor.
    Weight and complexity are an issue which is why the track 296 race cars don't do the electrics.

    The suvs will follow the same depreciation curve as a 400I or up spec range Rover, cool machines, big market demand, but transport not keepers.
     
  8. jordanfsl

    jordanfsl Formula Junior

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    Tailor. Before you get banned again, it's Tailor.
     
  9. Putting reliability aside, I wonder if the electronics in these cars will actually be serviceable 20 years from now.

    Anyone try to get their Betamax machine serviced recently? How'd that work out for you?

    Or how about your Sony Walkman? Easy to find a repair shop?

    Enquiring minds want to know. Especially enquiring Ferrari minds.
     
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  10. mkraft3003

    mkraft3003 Formula 3
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    I get your point but I Think a better comparison would be a carburetor. The answer would be yes, very easy to find repair shops and people to work on them.
     
  11. boxerman

    boxerman F1 World Champ
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    two ways to look at it. Things like electronic ignition are really reliable and cars run much better. But there are also all sorts of replacement options.
    In the oter hand when your dash on a f50’goes as they do you’re sol.

    mow imagine awhile car run by an electronic dash. Kinda like getting an old iPod or laptop fixed 20 years later.

    Perhaps 30 years from now Ai will know how to fix these things, or they will be de-teched and kept running.

    one thing is certain, we know I phones have a limited life if the screen dosent go the battery will or the operating system will become to out of date to work. Is a digital dash electric hybrid car going to be different. I do t know but that’s a. Very valid fear.

    as a general rule every oter consumer product run by screens and chips from washing machines to phones have a limited life and or become undo able or not worth fixing.

    I guess those old f1 transmissions still work so there is hope.

    Possibly the complexity makes a 296 like a Citroen sm or Maserati bora, too complex and expensive to keep right so massive depreciation 10 years out.

    we’ll see, so far all speculation
    Cool
    Car now though
     
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  12. NGooding

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    Is that a better comparison? I'm not sure. Carbs are mechanical. Easy (relatively) to find, refurbish or fabricate parts. Will that be the case for hybrid components down the line?

    (TBC, I'm not being rhetorical, I'm really not sure. I know very little about what it's like to work on these hybrid systems.)

    I sure hope the 296 isn't destined to he another Beta Max! I think it has future classic potential.
     
  13. Pastaboy1980

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    so interesting how you strive to ban people? is that the the only power you have in your life?
     
  14. Pastaboy1980

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    the issue is the software my dad got rid of his benz ev because software would crasfh
     
  15. Pastaboy1980

    Pastaboy1980 Formula Junior
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    that’s not what i am discussing
     
  16. mkraft3003

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    I was not making a comparison on mechanical vs electrical. I was trying to make a comparison for an older outdated technology. Maybe I used a poor example. I also have no clue what it takes to work on a hybrid and they could all end up in the graveyard when they are done?? There are a lot of hybrids out there (across various brands) so who knows if there will be people who work on them in 30 years. I probably won’t be around so send me a note and let me know. lol
     
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  17. boxerman

    boxerman F1 World Champ
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    So youre saying a 296 may have zero resale in 30 years due to the tech no longer working and the car therefore not being able to drive.
     
  18. boxerman

    boxerman F1 World Champ
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    Software can be worked out, if not in this generation then the next. But at some point those ecteronic components and programs will fail, and odds are thats not more than 2 decades out if that long. Then the car will be as good as dead, zero resale. While the 296 is more complex and has more potential nodes of failure, thats probably true of the computer driven 458 onwards but so far they still work.

    We know some old vettes from the 90s need computers salvaged from scrap yards to work, and those are relatively simple cars. While its limited production and early tech, the biggest Achilles heel of the f50 is that digital dash.

    For sure a 30 yo 296 is going to cost orders of magnitude more to put right once those bits inevitably fail assuming there is aftermarket ability to do so. Thats going to keep, prices depressed. Unless of course were assuming ferrai designed those bits to last 50 years which is highly doubtful.

    i think 296s are great, but anyone buying a new regular proidtion Ferrari as an investment (with rare exceptiuons) or thinking they woitn take a hit as used car, is probably making an error, for various reasons those days are gone.

    Over in porche land its still true that if you can geta new 911 at list you can drive it for free for as few years. That seems to defy logic as they make 50k per year. But that car is a singular styling icon and really a everyday luxury car, the modern sport coupe for the aging retiring boomers. It is simply the rolex of cars, in a very unique place. Even then at 50k per year and a 2018 porche more or less indistinguishable from a 2024(i know theyre different to anoraks) at some point there are 500K cars out there more or less the same, and the market will crack, not least because the dealers are even more abusive than ferraris were in the early 2ks.

    Competion is also entering the space. Finally Aston with the 25 vantage seems to have a911 contender, and the mc20, hurricaine while no 296 is nipping at ferraris heels. Not sure where Mclaren fits, theire styling is not there and arguably neiter is build, but that company could really take ferrari on in the consumer mind one day.

    Eventually all markets find balance. new cars depreciate, and if theyre really good one day become strongly appreciating classics with the others following in their wake. Of modern production ferraris thats certainly true of 550s 355s and 458s, probably f8 too. 296 is a ferrai so always valued, but maybe its more like a 360 F1.

    Buy em to drive em and enjoy.
     
  19. mkraft3003

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    Don’t recall saying that at all. Maybe reread my post.
     
  20. boxerman

    boxerman F1 World Champ
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    its the implication of what you said, if the software fails the car wont run. same as any hybrid, and probably correct
     
  21. mkraft3003

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    True, however I wasn’t discussing resale value and never even mentioned resale (and especially zero resale value). Even a Betamax has “some” resale value. lol.

    I definitely won’t own my 296 long enough to find out what happens in the future but I do love it while I’m driving it!!!
     
  22. mkraft3003

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    For those that missed it, there was very early crazy ramblings from Pastaboy. Mods did a great job cleaning it up. Wonder if his dad will be upset that his kid got banned and can’t post pic of the dad’s new car?
     
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  23. Jo Sta7

    Jo Sta7 F1 Veteran
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    Wrong, he has golf clubs on order.
     
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  24. Maybe.

    It is indeed a possibility.

    Ever try to boot up and fix an old IBM 8088 desktop (remember those?)

    Not only is the operating system DOS (software) not supported, those big floppy (5.5 inches no less) are long gone (hardware).

    Image Unavailable, Please Login
     
  25. TrapperDog

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