Secondary Market for Pista

What did he offer? You probably know more than anyone else here.

And if you sell- blackballed from the Ferrari dealer for future cars?

 

He'll find someone willing to part ways for $900K. Don't know how legit he really is...but I assure you someone will be happy to have that on the first boat to China and pocket $450K. Car will never be seen again.

 

Dang- I’d be tempted.

 

I had heard +$200k for a Pista and +$250k for a spider. These were US based pre-sale arrangements. I am not surprised export would be 2x.

 

you WOULD burn yourself with Ferrari. They would see you as a flipper and from what I have been told Ferrari black balls you. NOT the dealer...Ferrari.

 

read this: https://www.autoblog.com/2015/10/21/ferrari-maserati-las-vegas-casino-closed/

 

Not really, i did it a couple of time with a speciale and a f12 tdf ( I even sold my aperta myself ( after 18 months))

Sold it back to ferrari and they sold it to a guy.
So they made money . I do not even think factory knows about all of this.
And i still have a pista aperta on order so they do not burn you , actually they need you to make money

 

your info is better vs mine. Yours is real mine is what I was told. Listen to spieler. Pista Spider not Aperta

 

^^^^^^


Two Sins:

1) Not selling the car back through dealer
2) Not making lease payments for six months.

 

Coupes 100 over - spiders still unknown - you get caught (and you WILL get caught) your life w Ferrari is over - even the people who try to put the company in an LLC wind up getting nailed - its a small world and that car will get pinged in service somewhere - selling back to your dealer is ok as long as its within the parameters Ferrari sets

 

Oups you.re right i like the word aperta better

 

Export the car? Sounds like a scam to me. No one who can afford to pay 2x MSRP for a Pista needs to import a car at that price.

You telling me some guy with $800-900K can't find a local Pista allocation or car for less than that?

 

You're trying to use logic while discussing someone who will pay twice MSRP.

 

OP: your in the US ?

 

Logic tells me that that person doesn't exist in the first place. And if they do exist, anyone willing to do this is likely doing something illegal. It may not be to scam the OP, but it's to scam someone somewhere. When it sounds too good to be true, it usually is.

 

Exporting of luxury cars is more common then people think.

One of the dealers that I know told me that they had over 15 Bentayga's that ended up outside USA. A whole system for it. Brokers use a friendly leasing company to buy the car, make one payment, buy it outright and then shipped outside USA.

One of my neighbors asked me if I was willing to sell him my range rover. He said that the dealer could only give him 8 and he needed 3 more. All going overseas.

I got into a discussion of all these cars that dealers take on trade and what happens to those cars (I was just trying to learn the system at how good they are at selling used cars, how they determine whether they are going to wholesale and how financially strong they are to buy all these cars in trade when they are only making the margin in the new car sale). They told me that they have a couple of companies who will buy all these cars at wholesale and from there, some of them will end up overseas.

I asked them why would they have to go overseas (ie., less import taxes, etc.). His answer was that in those foreign markets, they may not get enough allocations and/or buyers don't want to wait a year to get the car.

 

This is true to some extent, but it rare that they will pay double MSRP before the import taxes. They typically aren't paying 2x US MSRP on top of the massive import taxes. Paying 2x MSRP and then importing the car would be very, very expensive. This is why someone in China wouldn't be trying to buy a Pista for export from a high-tax country. They'd be looking for the cheapest possible car. Then again, OP never said where he was from.

When it comes to exotic cars in developing markets, it's usually the case that they have no problem getting allocations. Why? Because they are trying to grow the brand and customer base. Why can a brand new customer walk into a Ferrari dealer in China and get his car before an established customer in the US? Because he's paying like 2-3x as much and they are trying to build a brand. It wouldn't be a very good idea to screw over "hypercar" level buyers in your new market. If you got people willing to spend $1M on a 812, you damn sure are going to get them their car ASAP, especially if it's just a normal model like a Pista.

Buying any normal model, especially an exotic, as 2x MSRP for export is extremely fishy.

 

Not sure the OP is from the US - from what we read here, the US seems to be one of the most difficult markets where to get a Pista. If someone is ready to pay more than MSRP to get a Pista anywhere else in the world, looking for one in the US seems to make very little sense.

 

OP appears to be in or around NYC with a long new car history so could well have been an early recipient especially as unusually it seems US cars have been arriving almost as early as in Europe

 

Don’t sell unless you want to terminate you relationship with your dealer. Not only will you likely be violating your “right of first refusal” that the dealership probably requested you sign, you will be hurting the dealership financially.

All manufacturers financially penalize dealerships that sell new cars to exporters. This is to protect dealerships in foreign markets where cars are a lot more expensive.

This isn’t a Ferrari thing, it’s across all brands.

 

Noone1, the world is large. And I think you are operating based on your own assumptions of how Chinese economy functions under communism.

 

you have to weigh up whether it's worth it or not to you personally to risk terminating your ferrari relationship

I know a few people who cashed out on 911 R's when they were going for £700k etc