As we get closer to more 296GTB landing in the US where do people think F8 prices are heading? Are we going to see flat pricing around where it is today (slight recent decline) more cars sub 400k popping up. Will we see numbers dip to 330 - 350 as people step out of the F8 into the 296? Or will we see people covet the F8 as they decide the step up in price is not worth moving on to the 296 and see prices rise back into the mid 400s? thoughts? oracles amongst us?
I think if own an F8 and don't plan on trading it in for a 296, you'll say the price will remain steady and eventually increase because last pure ICE V8 Ferrari blah blah. If you own an F8 and plan on trading it in for a 296, you'll swear the F8 has reached its peak and prices will start to look like BTC the last 6 months. Pick your poison.
I think both sides of the argument are valid. In the end I don’t think the F8 will be immune to gravity- but I don’t think they are going to just drop off a cliff either. Its a really nice modern Ferrari. Sent from my iPad using FerrariChat
I'm guessing prices will go down moderately along with the rest of the car market (short term), but hopefully hold and eventually rise as ICE options disappear from the market. Guess it will depend on how good the new electric options are.
Here in France what seems to happen is that the 296 arrival is putting more 488 on the market, but has no real effect on the F8. My interpretation is that many 488 owners did not find the F8 offering a sufficient upgrade over the 488 for the price difference, while the 296 is positioned at another level; on the other hand, people having jumped on the F8 have valued it as the last pure ICE V8 and are less interested in a hybrid V6. More 488 probably means some price pressure on the 488, but what it will mean for the F8 is less clear - from the above, it seems most 488 owners and F8 first owners had different interests (justifying a large price gap for a while); however it may be different on the used cars market: if the same people cross-shop between the 488 an F8 they will expect a price difference in line with the objectively limited improvement offered by the F8. In which case price pressure on the 488 will also impact the F8 (which will of course remain at higher prices nevertheless).
Yeah I’m late to the F8 party as my car set to be delivered this week. I felt it was an awesome “tribute” to the v8 ICE line that is going away and I plan on keeping it indefinitely even if I get a hybrid later. over time o suspect prices will come down but probably not excessively so but who knows I guess. After all it took a pandemic and crazy valuations to lift the 458 up again and many said the same thing about the last NA engine in 2015/16.
I have a 488 Spider and my brother has an F8 Spider. Having driven both I wouldn't go from 488 to F8. However I'd seriously consider 488 to SF90. I have a first gen Huracan that I love that I'll probably let go for the SF90. Sent from my iPhone using FerrariChat
For some folks like us we never got the invite to the party! Alas, we'll enjoy our other cars until the timing is right. Glad to hear yours is coming -- please do post some pics!
IMO the BAT sale at $362,000 shows prices have come down. Also seeing F8s listed in the mid-300K's, though admittedly with 7-10K miles. Still more than original sticker but if memory serves a year or even six months ago there was nothing out there for less than $400K. There seem to be waaaay more F8's listed for sale, esp with Ferrari dealers. While Ferraris often seem to defy basic laws of economics, supply and demand logic would say this significantly increased supply will put downward pressure on prices.
There are fifty-one F8 Tributos on the Ferrari website right now. Fourteen are priced under $400K. So that's about 27% -- and these are asking prices at Ferrari dealers. Five of these are in the $370K range -- 10% -- which I guess you could call "high mid 300s."
those are a buy for a 5k mile or less car for mid 350s if its closer to 10 k than i can see a price decrese and more room to work on the price
For sure there are lots of variables of spec and mileage. But even so it seems like there are a lot more cars under $400K now than a year ago.
I’ve driven two different iterations of the 296GTB and the F8. I would take an F8 all day long. I don’t get the 296. Respectfully, I kept thinking “why would I buy this car for $200K+ over a 991 992 TS?” I came up empty. The F8 is a fabulous machine….but with all due respect wouldn’t trade my 458S for one. Sent from my iPad using Tapatalk Pro
Now that there have been five F8s on BAT it's interesting to look at results. It's basic economics that something is only worth what someone else will pay. So even the results where reserve was not met offer insights into values: this is what someone was willing to pay. On that day in that venue that's what the car was worth. Obviously there are variations in year, mileage, spec. None of this is factored in so there's for sure some gray area in these numbers. Now that I've made this disclaimer, the five F8's on BAT were bid to or sold for $349,000, $431,000, $410,000, $362,000 and $341,000. That's an average of $378,000. The two sold cars went for $410,000 and $362,000. This is a small sample, but that's an average of $386,000. No matter how you slice it, the days of the mid to high 400's for F8s seem to be waning -- at least for now.
