MSRP on Challenge Cars | FerrariChat

MSRP on Challenge Cars

Discussion in 'Challenge/GT Cars/Track' started by Ky1e, Jan 23, 2016.

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  1. Ky1e

    Ky1e Formula 3

    Mar 4, 2011
    1,252
    FL
    What was the original MSRP on the 360, 430 and 458 Challenge cars? Is that the price people who bought new Challenge cars were paying the dealer or do Challenge cars have a different pricing/selling process than their street cars?

    When are the 488 Challenge cars expected to be released and what is their expected selling price?
     
  2. Entropy

    Entropy Formula 3
    Owner

    Jul 10, 2008
    2,149
    For North America...

    Original 458 Challenge was $295,000 plus transport, et al. Cars sold in NA required the "optional" passenger seat and 2-passenger roll cage.

    Factory 458 Challenge Evo cars were $245,000. The same car, plus the Evo kit.

    The "kit" alone I think had an egregious retail price, but there was a special deal for Challenge entrants. It required some labor given the welding in the rear (wing support) and the changes up front.

    Ferrari introduced "upgrades" to the cars, which are built in batches. Most notable were gearboxes and a few other bits over time. I have not detected a specific pattern. Software is always, and easily, upgraded, assuming you have a DEIS, a VCI and access to the software.

    Challenge cars are purchased via a dealer. Actual selling prices are actually quite variable and dependent on the dealer's racing programs, etc.

    FNA tends to try and control who can buy new cars, and tends to try and match buyers with actual Challenge series entrants. While purchase is done via the dealer, and works via the FNA sales process, it's managed internally via the Corse Clienti folks. FNA also tracks VINs of entered cars. (eg. body parts will only be sold to and sent to an authorized shop)

    Generally, you can request a color, but generally, you only get to pick from what they have on-hand....yellow, black, white, red.

    488C exists only on paper and CAD today. Targeted for introduction in 2017. The question is "when in 2017". Typically the new car runs in a class alongside the older car (eg. 430C and 458C) for a season during the transition, albeit in different classes. Given development and manufacturing lead times, I'm guessing it will be 2Q17 before the cars are available in any great supply. They usually prioritize Europe first, NA second, APAC third - however, NA series starts in January and APAC starts early in Malaysia...Europe in April.

    hope this helps.
     
  3. Joeyung

    Joeyung Karting

    Mar 9, 2011
    173
    Kentucky

    Was the car with Evo kit really 50k cheaper?
     
  4. Entropy

    Entropy Formula 3
    Owner

    Jul 10, 2008
    2,149
    Joe, it was either 40 or 50 "cheaper" (or, more expensive, depending on how you look at it)

    IIRC the kit cost was $40K to entrants, MSRP I actually don't know.
     
  5. Mkeeg12

    Mkeeg12 Karting

    Apr 15, 2014
    127
    Ladera Ranch, California
    Full Name:
    Mathew Keegan
    A new 458 Challenge Car MSRP is $340k
     
  6. Entropy

    Entropy Formula 3
    Owner

    Jul 10, 2008
    2,149
    just realized I mistakenly put $245, you are correct - mistyped
     
  7. Ky1e

    Ky1e Formula 3

    Mar 4, 2011
    1,252
    FL
    Interesting. Appearently Challenge cars depreciate quicker than their street versions. It is surprising that Ferrari doesn't support the Challenge market more given that:

    1. People who purchase challenge cars go through FAR more consumables, maintenance and parts than the retail buyer.
    2. Ferrari likes to position itself as "racing first, pleasure cars second" and people who buy Challenge cars support their mission.
     
  8. Entropy

    Entropy Formula 3
    Owner

    Jul 10, 2008
    2,149
    Depreciation on a race car is a completely different concept than a street car.

    Having said that, I think a new 430C sold for around $225K new, a few months ago the market for a "sound" 430C was $100-125 (and most are "enhanced" now, CCR spec, in the US)

    "consumables" and "maintenance" are on a completely different scale and curve. My view is 1 track use mile = 10+ road miles. My first 458C had 12,000 km and I sold it for a great price off what I actually bought it new for. Considering what a race car goes through, I'd actually say they may outperform some street models. (with a street car, a "resprayed front end" would be a death blow for most buyers; with a race car, you're more concerned about the quality of the repair and the standards of maintenance and preparation.) Different mentality.

    Personally, I'd like to see Ferrari support the older cars a bit more, and increase the tech support on current cars. We generally have no issues with part availability on the current gen cars.

    Whereas Porsche has a well-developed and scale ecosystem of aftermarket parts makers and shops for their track cars (and converted street cars, which are much more numerous), Ferrari has a very limited ecosystem of race-savvy shops and parts supply for older generation cars in the US.
     
  9. Ky1e

    Ky1e Formula 3

    Mar 4, 2011
    1,252
    FL
    I agree with you.

    What I meant is the lifetime value of a new Challenge car buyer is higher than a new road car buyer. Someone who buys a new Challenge car is going to use a lot of parts, service and participate in Ferrari events so it would make sense to strongly encourage more Challenge car sales. Challenge car buyers are like guys who shave 2X day and go thru a lot of razors.
     

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