How Much do Ferrari Dealers Make?

I posted this thread in the Silver forum, so some of you will not be able to see it, but the discussion is along similar lines. A couple posts by SAFE4NOW are particularly enlightening.

https://www.ferrarichat.com/forum/silver-subscribed-private-forum-sponsored-yellow-compass-group/452483-where-does-ferrari-dealer-make-money.html

 

I also was surprised about the 13 year gap on the subject. With the recession in that gap which must have shaken out some dealerships especially if there isn’t so much money in a Ferrari dealership? Does anyone know about any Fcar dealer casualties of the recession?

A little off topic, but last month I read in one of the Ferrari magazines that a new Ferrari dealership is going into Westlake (Ventura County) CA. So there must be some money in the dealership. Westlake is the "high rent" district of South Ventura/North Los Angeles Counties.

Has anyone heard where and when the dealership is going to open or who is the owner? About a year or two ago a RR, Bentley and Maserati dealership (Ogera) opened and there is a big lot next to the Maserati dealer that could easily accommodate Fcar dealership? Just curious as I live in Ventura County and would welcome a close dealership rather than go to LA for service.

 

Correct me if I'm wrong but dealerships are independent and as such an NDA would be between the dealership and the buyer. Under those conditions I would think the approximate value of a dealership without disclosing the parties or locations would not violate an NDA. Now if Ferrari was involved as well, then I could see that the approximate cost of a dealership could not be disclosed. Its an old thread and the cost of other dealerships with real names/locations have been posted here since then.

 

Night of the walking thread?

 

Solid State - I believe you are generally correct sales are between individuals or Corporations but approved by Ferrari. I believe the dealerships Ferrari Los Angeles (7051 Hayvenhurst Ave, Van Nuys, CA) is a new dealership as will be the dealership in Westlake (Ventura County), CA so the dealership is likely purchased from Ferrari North America?
I believe that the current local dealership may have the first right of refusal for a new dealership in their area from a conservation I had with a GM from a local dealership but I am not sure that he was high enough the corporate latter to know than information.

 

Happy to resurrect this thread since I'm working on choosing a new dealer. Perhaps helps someone.

At least for Germany, you can first find the available dealers close to your location from: https://www.ferrari.com/en-EN/auto/dealers

Then you can look at the public listings from the German tax office: https://www.bundesanzeiger.de/ebanzwww/wexsservlet

That's public information. This usually gives you their summarized financial statements from previous years. You can use google translate to translate some text if you don't speak German.

The statements sometimes also reveal how much they earned from new cars, how much from old ones etc.

I'm surprised that many of them make so little, compared to the image they are pumping and arrogance they have.