296 Values and Used Market

People generally only complain when changes are not for the better, otherwise people are generally happy and speak favourably about changes.
I often hear people singing the praises of a new model, due to these types of changes, so changes are not always frowned upon or complained about.

Totally agree with you about the Porsche functionality. Simple is always better. 991.2 tech is where it all should have stopped although the new 992 isn't bad. Good in most ways, a little overly complex in others, but I note Porsche has worked to improve things with the introduction of the quick set up button rack in the 992.2. Very clever improvement. They listen and improve and that's how it should be.
Being able to get into one car to the other without requiring a simulator course is how it needs to be. Mclaren, again, while not quite to Porsche levels - although very close -, have very user friendly driver controls - everything works just as you would expect it to and, is where it should be.
If only Ferrari took a leaf from these companies books and stopped trying to reinvent the wheel we wouldn't be having these discussions. Trying too hard to be different isn't working.

 

Your experience in driving a 296 is ?

 

More than yours I suspect. However, regardless of my time spent driving 296, my overall experience in driving and owning multiple brands would eclipse your minimal experience by a very wide margin. Ive come to appreciate variety is very much the spice of life and allows one's eyes to open wide enough to be able to form meaningful conclusions especially when making comparisons and drawing conclusions. Hopefully one day you will get there - although I doubt it. Keep working on it.

 

More Blah you are full of ……… laughs

 

That CarPlay screen goes away if you tap the home arrow button. Music shrinks back to the right box. Then you can change songs with a toggle switch and volume with a scrolling wheel on the back of the wheel.

I don’t like it either but that issue was resolved.

like Elite mentions though it’s exhausting to have to tap 5-6 things to set everything before driving, every time.

 

It will be very interesting to see what else is fixed with the new wheel. I am not sure I get how the same controls now indented are that different especially when there is one screen. Being in tech this is a bit of a head scratcher for me. Anxious to hear what current gtb owners think as a compare and contrast to the newer gts wheel.

 

yes

Yes, I have been searching for a picture of the new Dash and Steering wheel. Does anyone have a picture they can post, so we can see the difference?

 

Would it make sense for Ferrari to announce that they aren’t taking any more 296gtb and 296gts orders to try and stop the depreciation train wreck?

 

If they can sell more cars- they will. Every car is produced for an order. If buyers are OK with the depreciation they are happy to serve. Most regular production Ferrari’s depreciate- always. Hybrids are a new technology along with horrible haptics has set up a rocky start. What will happen to new car sales when Trump’s tariffs hit? New sales may collapse and used may firm.

 

There are photos of it in a few other threads but I can't remember which ones off hand - it looks basically the same, but has shallow grooves in the plastic surfaces where buttons would be, so you can feel where to tap [repeatedly, until something happens].

 

The order books for a 296 GTB till 2026 are closed. Production will end in 2026. So unless you get an allocation from someone else you can't order one anymore.
The GTS is still available for Order. This was just like the F8.

 

I had orders in for 1.5 years IIRC and could never get a car produced or even a timeline. Finally had to cancel after giving them enough time and warning I’d need progress. One man’s effort to send a message , as if anyone back at F cares.

So while the GTS may be able to be ordered somewhere, I couldn’t and that’s current as of November 2024.

 

Austin and San Antonio Ferrari have GTS allocation available.

 

This is one of the reasons I bought a GTB. It’s sold out and MSRP is going up and you can get a fully loaded Assetto Fiorano that normally you would never be able to buy under sticker while they are sold out till the end of production. This is the Upside down in the Ferrari market. I mean F8s just started selling under sticker and they made as many as they could. Most mass produced Ferrari ever.


Estimated Ferrari Production Numbers by Model
Ferrari is tight-lipped about the exact production numbers of many of its models, though there is some information available about how many have been made.

this list is dated but gives you a sense.

• 296 GTB: Currently in production, but 501 in 2019.
• 360 Modena: 1,810 models built (for the US market)
• 360 Spider: 2,389 models built (for the US market)
• 458 Italia: Approximately 15,000 models built
• 458 Speciale: Approximately 3,000 models built
• 458 Spider: Approximately 6,000 models built
• 488 GTB: Between 10,000 – 15,000 models built across all 488 variants
• 488 Pista: 3,500 models
• 488 Pista Spider: Between 10,000 – 15,000 models built across all 488 variants
• 488 Spider: Between 10,000 – 15,000 models built across all 488 variants
• 812 Superfast: Currently in production
• California: Approximately 8,000 models built
• California T: Approximately 7,900 models built
• F12berlinetta: Approximately 5,000 models built
• F12tdf: 799 models built
• F40: 1,370 models built
• F8 Spider: Currently in production

• F8 Tributo: Currently in production

• Ferrari 812 Competizione: 999 models build

• Ferrari 812 Competizione Aperta: 599 models build

• Ferrari 812 GTS: Currently in production

• FF: 2,291 models built

• GTC4Lusso: Approximately 2,000 – 2,500 models built

• GTC4Lusso T: Approximately 1,000 – 1,500 models built

• LaFerrari: 500 models built

• LaFerrari Aperta: 210 models built

• Monza SP1: 500 (both SP1 and SP2) models built

• Monza SP2: 500 (both SP1 and SP2) models built

• Portofino: Currently in production

• Portofino M: Currently in production

• Roma: Currently in production

• Scuderia Spider 16M: 499 models built

• SF90 Spider: Currently in production

• SF90 Stradale: Currently in production

• Testarossa: 7,177 models built

 

Not sure where you are located but the is 100% not the case in the US. Here is a AF one that is 120k off MSRP. The chart you pulled off the internet is also very wrong. There is tons of inventory and dealers have brand new ones that customers have cancelled orders. They will end up making more 296 than any other model In their history. (It will be 3-4 times the amount of F8, since production is now up to 14k cars a year)

https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=carGurusHomePageModel&makeModelTrimPaths=m25/d3240&zip=33626&srpVariation=SEARCH_AS_FILTERS#listing=392059026/NONE/DEFAULT

 

Many ordered GTS and traded GTB.
There is not tons of inventory - it's winter and come spring interest rates drop each and every one will be sold.
Dealers have brand new ones - ok, well if someone wants a shot at VS they will buy one, even though I doubt new GTS are at dealers.

 

296 GTB for 299K.

https://www.autotrader.com/cars-for-sale/vehicle/704246869

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I’m sorry but there is tons of inventory. Some dealers have 7-10 sitting on the showroom floor. Just look online at the Ferrari site and cars.com. As I posted in another thread I was offered 150k back of msrp for mine and 3 dealers had no desire to buy it as they have so much inventory. There are gts available too.

 

The secondary market is prettttty bad. More reason to pile on the miles and not worry about it. Gonna get killed either way.

 

Tell Continental, Lake Forrest, and several other Ferrari dealers that their numbers are wrong. I am only showing what they are putting up.

https://www.ferrarilakeforest.com/manufacturer-information/how-many-ferraris-have-been-made/

https://www.continentalautosports.com/ferrari-information/how-many-cars-does-ferrari-make-a-year/

There are 177 GTB for sale. 188 F8's for sale. 137 SF90's. and that's nothing compared to there being over 1,100 Z06 for sale......on Autotrader which shows cars being sold and ordered incoming cars.

Now look for a car that is built the way you want. Color, Options, Packages, Etc. Out of 177 I find 4 that fit my spec. out of 1,100 Z06 I find over 80 that meet my spec.

The base price on a 296 is $320K in that year. Why does $299K with over 5K miles on a bad build not make sense that it is cheap?

 

Just noticed my dealer finally sold my GTB that I turned in July! 1400 mi. Great spec. 80k off what they first listed! Ouch.

SV

 

yes, it sucks but some will clear as the SF90 market and Values will rise as inflation continues to drive up prices at MSRP.. That market has finally stabilized.

That's what is happening too well speced Z06's. Some sell for nothing. While a 70th Anniversary are now back in demand as MSRP has risen so much on a new one and you cant get those.

 

Ok so how many years old is your gtb mine posting your car - ? losing 50 - 60k per year is not bad.
Just got GTS and the other sold above msrp - recently.
Regardless will get VS so what I lose - will do ok in the end.

 

Buyers of the VS will get totally crushed too. It will likely be very high volume (maybe even higher volume than standard car?) and it will come with a monster price increase, not a recipe for stable secondary market pricing. Every production car from this point forward will see its value erode quickly. Tons of Revuelto’s already for sale. Aston Martin Vanquish has barely delivered its first car and already 20 new cars are online for sale. New normal in the car market. Pendulum has swung. Like @Jo Sta7 said, buy’em and drive’em…value shouldn’t matter.