296 VS

No way they were planning 8,000 - 9,000 296 VS cars. If that were true, given it’s a hybrid, it would be the first VS to see staggering depreciation. If there aren’t enough buyers for a $450K used low mileage SF90 stradale, it’s going to be far more difficult to find 7,500 buyers of a $700K 296 GTB VS.

There are currently 260 used 296’s and 200 SF90’s for sale in the U.S. That’s A LOT of hybrid Ferrari’s looking for new homes. I own both and they’re great cars. But, the secondary market isn’t as enamored yet with hybrid exotics. With an XX currently in production, I really hope that changes.

 

They will make AROUND 3,500 coupe and 2,000 spiders for 296 VS. That’s a GLOBAL total, ALL years.

And that’s over roughly 2-1/2 year production duration.

So it’s really NOT that many cars per year to feed global demand. The car ain’t gonna be impossible for mere mortals to get, but it also ain’t gonna be easy.

 

This seems much more realistic. Price is going to be interesting, given the jump seen between SF90 and XX.

 

Base price will likely be $465k coupe and $495k spider. That’s with zero options.

Ferrari knows they don’t have to ‘price to entice’ on these anymore.

They can jack you a $100,000 premium for $30,000 worth of kit on the VS now. You know it. They know it.

 

Always keep in mind that prices for a regular 296 GTB are around 25 % down in the used-car market. Got mine at 405 k€, now around 310 k€ after 2 years.

 

Ok but what’s your point? That’s not going to slow the Ferrari VS pricing train. Not. One. Bit. You’ll be looking at 650k to 700k out the door for well optioned examples. And they’re gonna get it. All. Day. Long. Because the BASE car is generally considered to be the best all around driving car to come out of Maranello in 10 years.

 

My point is that I fear that I will spent a huge amount of money and could get the car later on the used-car market for a much lower price.

 

I don't think that's been true for any VS car to date, and I wouldn't bet on this one being the first...

 

In Europe Pista's were available second hand below sticker; then they raised again.

Most probably 296 VS will come down quite a lot as well but I'm not sure if they will ever raise again though.

Anyway, if you buy one; get it to drive and don't worry about pricing. If you do I would not buy one.

 

Oh interesting - I don't remember Pista or Speciale ever being below sticker here. Maybe CS and Scud were available below (especially higher mileage cars) for a time, could be interesting to dig back into the historical data.

It'll depend a lot on production numbers in the end.

 

Ok that’s fine. You just answered your own question / concern. You are the type of buyer who should buy second hand. Because you prioritize short term depreciation risk over customization to your liking. Other buyers are completely the opposite. It drives them crazy to not have the car specced EXACTLY to their liking. And they usually could care less whether they drop $150k in depreciation in the first two years. These are the types of buyers who should be angling to get factory new allocation from their dealer.

 

thank you @maha!

what do we see?

no 296 challenge exhaust style
right height / stance is as usual "not good" to address it polite...
rims are F80 (or better saying taycan) style (i don´t like them)
front bumper lip is slotted on the corners

i don´t see tire dimensions on the Bridgestone (i guess Potenza Race Semi-Slicks)
hopefully they offer also straight away some qualifier tires aka Cup2R and compareables.

there exist already a yellow as also a grey production car

 

Depends if you can afford to enjoy your Ferrari - if you can't justify it, there is someone who can and will
Ferrari has a line around the corner down the street.
Hyper is no different than other models of the past - some go up some go down but the owners rarely lose their place in line - regardless.

 

there's still Pista's availible in the UK under list, CS over by a bit, Scud over by a tiny amount and Spec over by a lot

 

Won't be a set number, not a limited amount like the XX or F80. May be the first special variant of a Ferrari that tanks out the gate. Just my .02.

 

Heard the same from US dealer

 

You miss the flip side of that. It drives some buyers crazy to wait 2-3 years to get a car. I'm not going to wait that long because I wanted to spec a blue stripe or whatever else in a car. I'll buy something secondary almost right away and will have driven and enjoyed a car while someone else is still waiting years to get theirs. Nothing wrong with waiting if that's what you want to do. I don't have the patience.

 

Agree, horrible letter box exhaust remains, wheels are terrible and the 4x4 stance remains, I had high hopes for this car but now I'm worried

 

Ok.
I didn't post limited - I posted when they announce production that is how many buyers.
Referenced a limited production of current cars and all sold - guarantee that every VS will also be sold.

This is not a game of what Ferrari chat says goes to the boardroom of Ferrari - although one would that is how it works reading these posts.
Apologies but the abundance of value is very "forum" talk
Very few buyers go on this forum and are representative of Ferrari's customers - maybe a few percent. The other 98% don't care what it costs - they are about when they get it in their garage. Sure they care what they trade in and what they get delivered but they sign and move on - you think give up their place in line to those waiting in line. The lines in US are deep - regardless of what is said here.
It's taken me decades to get limited editions - people have millions in their garages - and we all expect to lose on some and make on some - it has zero net effect.
The factory from bean counters to contractors to suppliers to line engineers - knows the volume before a line starts, especially a limited production Ferrari. Public company and everyone is held accountable.

 

this is one where i might wait for a buyer to back out and haggle on it. i already took the hit on my GTB. i'm in no rush. despite Trump i don't see inflation reversing- maybe stagnating and slowly come down over the next 2-3 years. interest rates will remain high. they're going to have to lower the price on this car to get it to sell with mo back outs and non flippers no matter how good it is. they made enough profits last year that they can afford to do that.

 

Yes, that's me, I didn't want to wait 2 years for my 296 GTB AF, I did 18.000 km during those 2 years and enjoyed every km of them.

 

I'm not disagreeing and sold is a relative term too as all the sf90 and 296's are/were supposedly "sold out" but then the buyers back out during the build process or when it shows up. Then the factory slows down or stops production before they originally planned because the demand isn't there. Start canceling orders. My dealer has gotten stuck with a good amount of cars that showed up and were available at msrp (296, roma, sf90, sf90spider). Many states don't allow the dealer to keep the deposit either. I've worked my way up as well but I don't know if the line is really that long now and I think it'll get shorter as more people continue to lose money.

 

You're focus - few cars that buyers backed out vs 13,500.
How did that work out for SF90 guys who lost the chance on XX.
Ask the VIP's who didn't get an XX b/c they never bought SF90.
It's a game that if you don't play like the lottery - it's very hard to win.
FWIW - dealers get very few cars, they don't get stuck selling a car twice. They maneuver and perhaps get a trade or offer to move a person up in line - no dealer with a new Ferrari gets stuck. It's their job and to be honest they do it very well and if they have an issue Ferrari slides them an allocation to make up for it - wouldn't worry about a Ferrari dealership.
2009 was a rough spot - don't recall one Ferrari dealer going broke.
13k plus are enjoying their new Ferrari or should I say Ferrari's - the few that you reference will never be invited back.

 

I agree with you. I was saying that they were planning 8-9k before the softness of the 296/SF90 market was evident. That would be 33-50% growth over Pista production (Pista production was 70% higher than 458VS). The open question is whether Ferrari will reassess based on softness in the second hand market. I also pointed out that the mid-engine market is bifurcated and we know 1,400 SF90VS will be produced. So if the true production comp is both model lines then that would equate to 6,600-7,600 296 VS planned (before market softened). I would agree with Forza's estimate of 5,000 cars as a realistic lower bound if Ferrari acknowledges the reality of the second hand market right now.

 

Im with you.