Did Ferrari Make The Portofino Too Good?

It's a Ferrari 2+2, which from what I have observed, tend to drop in price faster relative to the 2-seaters. Unless it's the last of something, a limited variant, or have some other provenance, I would expect the Porto to follow the same depreciation curve as the Cali, maybe even steeper, if your prediction on the quantity that may be produced is correct....T

 

It's why we went with a Cali as our first Ferrari. We can drive it, enjoy it and pile on the miles without worrying about depreciation. Just passed 17K miles the other day!
T

 

Catching up Tom. Passed 16K today!


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I said back in 2009 that the Cali would become the best loved first time Ferrari of all time. They are fast enough, pretty enough, dependable enough, livable enough, plentiful enough, and less expensive to buy and maintain for first time buyers to swallow.

I still believe that is true.

 

Wow, piling on the miles, Andy, in your gorgeous nero/nero Cali!
I hope that means the weather has been gorgeous of late in SC.
T

 

I agree, Mayor, but I'm biased. I think the Cali gets more love from the general public than the hard-core tifosi. We're two years in to our ownership experience, and it's been a blast. Was reading the Portofino Product Brochure tonight, and their estimate is that 50% of owners will be new to Ferrari. To me, that's a huge plus...T

 

The Portofino was always going to be better in nearly every way than the outgoing Cali. To me the only negative has been the reduction in boot size, from a maximum of 340L to 292L. Also, the electric steering has come under some criticism from journalists but not having driven the car yet I cannot comment.

I think the Porto looks amazing both from the outside and the inside and I think the Cali is starting to look a little dated.

With regards to production numbers Ferrari only made 8,400 cars in 2017 a 5% increase on 2016 and are looking to make around 9,000 cars in 2018. When I was at the factory last month almost all the cars on the V8 production line were 488's with the odd Portofino. On the V12 production line there were the GTC4Lusso, 812 and a few Portofino's. However, on the final testing / checking line there were a number of Porto's although destined as dealer demo cars.

I was told that the UK get 10% of all Ferrari output, so that's only around 900 cars total. Once a full production, how many will be Portofino's, maybe around 250 a year?

 

Just test drove one, I thought the steering feel was a major improvement over my Cali. A 2011. Felt tight and direct. First EPS car I've ever driven.

Picture of boot with the top down.
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Cramped, but reasonable room for weekend getaway, road trip, grocery run, but probably not a Costco run.

We'll have to agree to disagree on the looks. With the hood scoop, harkening back to classic Ferrari, I think the NA generation Calis are better looking than the T and even the Porto. As for performance, totally agree, no contest.

T

 

Recently passed 30k miles on my Cali. Not a single issue in that time. In fact its cost less to run than my AMG Benz with similar miles.

Im excited to buy a ~2 year old Portofino when the time comes. I just cant swallow the depreciation on a new one.

 

No to title.
Yes to question.