Sf90 resale prices?! | Page 12 | FerrariChat

Sf90 resale prices?!

Discussion in 'SF90 Stradale' started by PrancingHorseBro, Jul 24, 2023.

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  1. Jo Sta7

    Jo Sta7 F1 Veteran
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    Oct 13, 2015
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    Just because a car depreciates doesn’t mean it isn’t great to use.
     
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  2. Shack

    Shack F1 Rookie
    Owner Silver Subscribed

    May 2, 2005
    2,623
    Earth
    Might be a good time soon to pick up an SF90 or 296 at a respectable price IMO
     
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  3. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,883
    France
    I was not prepared for that, but I may begin to think a (used) 296 could be considered in some future. Quoted prices from dealers are still high in France, but they are already significantly hit in Germany.
     
    Shack likes this.
  4. plastique999

    plastique999 F1 Veteran
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    Nov 9, 2008
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    What NDA?
    I haven’t signed anything


    Sent from my iPhone using Tapatalk
     
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  5. plastique999

    plastique999 F1 Veteran
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    Nov 9, 2008
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    Agree…. I’ve followed the market on the SF90 and yes it has tanked some.
    I’ll take delivery of my SF90 Spider and enjoy it. This is not an investment. It WILL and has depreciated. Fine.
    Still a stellar car.


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  6. Fortis

    Fortis Formula Junior

    Nov 2, 2019
    786
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    Fortis
    Absolute nonsense, please present evidence or stop spreading miss information, I have 11 sports cars from many brands street and race cars and my SF90 has been one of the most reliable cars I own and I drive it every chance I get, I couldn’t care less if it holds value or not TBH but I dislike people speaking nonsense.

    NDA LOL
     
  7. Lagunae92

    Lagunae92 F1 Rookie
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    Feb 16, 2018
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    People that don’t own the car have a lot to say. The presence that this car has is incredible. in the flesh it is a completely different animal. The only problems I’ve had is with the recall.
     
  8. Fortis

    Fortis Formula Junior

    Nov 2, 2019
    786
    Full Name:
    Fortis
    Almost always the case, very many years ago I was interested in a Gallardo as my first exotic and started researching the car online, read about it, reviews, etc. as you do, on a Lamborghini forum one of the members wrote a very long and very comprehensive review on the car where he basically stated that he wasn’t happy with the car etc. along with few other negative points, I always value feedback from people with real life and hands on experience so I was put back a bit and I started having second thoughts about pursuing one but I really loved the look of the car, sound etc. and I thought what the hell I will just go for it, I ended up buying one and I had a fantastic time with it and really really enjoyed it.

    While I owned the car and was driving it my mind kept on going back to that review and I was thinking to myself this car drives nothing like the guy was describing etc. I just shrugged it off thinking maybe I got lucky and got a very good one LOL

    As luck would have it few years later I have met the “reviewer” in real life more than once, after a while I asked him if he remembered that review, he said yes, I told him the car drives nothing like you described it, he then admitted that he never driven one but was driven around in one by someone else. WTF?? LOL

    Now I don’t even listen to car reviewers, they have very short time with the car and all they provide is light entertainment as for people who don’t own the car I am sorry but I do not want to hear from one on how you think the car feels and drives, etc, I am only interested in hearing from people who own and drive the cars, best feedback you could get but nothing beats hands on experience so I always reserve final judgment until I see the car IRL, drive it etc.

    But hey this is the internet, so many bored people talking just for the sake of being heard and having an opinion, sometimes it’s therapeutic for them and so I don’t mind it but when people make unsubstantiated claims I get very annoyed.
     
  9. Jo Sta7

    Jo Sta7 F1 Veteran
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    Yes! I think this type of thought all the time. You have to be careful with who you listen to
    Or who you interact with on these forums. I’ll only pass judgment on a car if I have a decent amount of driver seat time and even then I rarely comment unless I have that plus self collected data. Which typically means I own the car or a close friend does.

    A lot of opinions or hearsay fly around. People exaggerate for dramatic impact.

    Also, for car reviews, I’m 1000% with you. Driving a car for some laps or 6 hours is NOT the same as living with one. For example I liked my 992 TTS when I first got it, it’s a reviewers favorite. After a few months I realized I didn’t gel with the car at all. Felt no passion for it and have never missed it. Personal bias, lack of time, and reviewers getting cars from manufacturers that sometimes are set up differently than customers cars are lead to this.

    The only way to really experience exotics is through ownership and through having close friends also interested in exotic ownership.
     
  10. willcrook

    willcrook F1 Rookie
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    Feb 3, 2009
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  11. Cocoloco

    Cocoloco Formula 3

    Nov 26, 2013
    1,482
    Simply stating many if not all new gen cars especially hyper and Ford GT had / has several issues and values did not decrease.
    Ford GT keeps making more n more versions - it's far from being done.

    To single out the SF90 makes no sense and tether that to depreciation - further that it's issues are lowering the resale when other factories with less sophisticated tech and or more sophisticated are struggling far worse. My dealer has not sold an SF90 below msrp new or used and has one. All cars have dropped - I recall SF90's having a massive premium.

    Ferrari owners and older enthusiast in general are whiny - that's my point :) as seen here when clearly posters are not or have not considering one.

    Lots of us are just now receiving are SF90's and many have - very few post here and we all know bad news travels fast. I just have not seen or experienced what is said here or let alone different from all the other brands.

    Aston is years late as is Mercedes and others - SF90 is the fastest thing on the earth but haters are free to their opinion.

    Anyway - my guess is Spiders arriving and guys are trading in their coupe along with the market dropped. Nothing to do with the SF90 mechanics my .02
     
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  12. Jo Sta7

    Jo Sta7 F1 Veteran
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    SF90 prices have fallen off a cliff.....

    from the insanely inflated number they were. In the states, anyhow, they're relatively close to MSRP for most cars. That's perfectly acceptable. I saw a blue AB car listed today, 2 years old for $30k above MSRP. Let's say owner traded in and lost $30k. That's 5% in 2 years on a hypercar. $1500/mo to drive an SF90. Not bad at all.
     
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  13. dariedell

    dariedell Formula Junior

    Jul 12, 2021
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    Andrew Riedell
    Apparently the SF90 at Barrett, due to go up today, was yanked. I saw it myself there just yesterday so I'm assuming this was last minute. Anybody know the story?
     
  14. Jo Sta7

    Jo Sta7 F1 Veteran
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    765 spyder hammered for $880k after auction fees. Lot of $ Being tossed around. Surprised SF90 was pulled.
     
  15. Lukeylikey

    Lukeylikey F1 Rookie
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    Mar 3, 2012
    3,662
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    I know of around 6 SF90’s including two we own. Not one ‘bricked’ among them. If these cars were as problematic as is being described at least one of them would give an issue but no, all have been fine. Our two have been faultless over a joint 6k miles.

    Regarding the struggling residual, I think there are a few things at play and none of them to do with reliability.

    The new customer, usually well-heeled and with a trusted relationship with the brand, found it easy enough to commit to this new, more highly positioned, more complex and higher priced Ferrari model. As a product, it is sensational.

    But in the used market the dynamics are different. The model has no predecessors - it’s the first of its kind - so has no natural used customer base. A new one must develop. Most people spending £400k + would probably prefer a new vehicle to their own specification. Whereas an F8 used, around the £200k mark is a different proposition with many people understanding exactly what a mid V8 non-hybrid Ferrari is and what it represents.

    For the SF90, it will take a while for the market to digest what it is and whether they want it. Things carry added complexity currently because of high interest rates slowing demand too. Whenever there is a big delta, eventually what happens is fewer new ones are sold meaning there will be less supply into the used market and prices normalise. If there are enough customers who continue to buy new despite knowing of the depreciation, it will continue to be a bigger depreciator. I remember looking at early Murcielagos thinking what good value they were. Good looking too. The SF90 is in familiar territory, it’s just we’re not used to seeing a Ferrari there.

    Things could well change. The volume is still low for a production (rather than limited) car and if the market gains understanding in future years, demand would catch up with supply. Up to now there have probably been too many people thinking an allocation for a half-million pound, new line of standard run Ferrari is an ‘investment’. Which of course, it isn’t.
     
  16. REALZEUS

    REALZEUS F1 Veteran

    Feb 16, 2011
    8,427
    Bournemouth, UK

    Even though I totally understand what you are saying, and agree to a large extent, even owners are not to be totally trusted. An acquaintance of mine had a 599 and told me it was not that that good of a track car (it wasn't comparable to a contemporary 430 Scuderia, of course) and that it would understeer wildly. I asked him to take me around a lap of our local circuit. The problem? Too hot on the entry and then too timid with the throttle on exit, resulting in push. Told him to bleed the air from the front tyres a bit and then try trail braking and be more aggressive on the exit. Boom, he loved the car! Not all owners are are very knowledgeable. Sometimes journalists, the good ones, know better.
     
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  17. jumpinjohn

    jumpinjohn F1 Veteran
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    Mar 22, 2013
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    I find the discussion interesting. I changed my deposit last minute from the SF90 to an F8. Largely because I was unsure if the technology would be reliable given past electrical gremlins. I thought it better to wait for second iteration.

    I love the F8. I have looked at the secondary market for SF90, but am a bit picky about spending MSRP for something not exactly what I would order. Perhaps I would purchase something close to my idea of a great spec, but only at a discount to MSRP. I don’t know if my thinking is representative of the market, but it is my thoughts on the topic. :)


    Sent from my iPhone using FerrariChat
     
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  18. PB033

    PB033 Karting

    Dec 13, 2019
    101
    Switzerland
    I think your story makes sense. What I don‘t understand though, is why Lamborghini is hugely successful with the Revuelto. I just read it‘s sold out until the end of 2026. I consider this being a direct competitor to the sf90. Any ideas?
     
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  19. Lagunae92

    Lagunae92 F1 Rookie
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    Feb 16, 2018
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    Wasn't the SF90 sold out too? Or so we were told...
     
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  20. Um, maybe because the Revuelto is a better car?

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  21. Divexxtreme

    Divexxtreme Formula Junior

    Aug 14, 2020
    871
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    Scott
    The SF90 was also sold out. Both the Stradale and the Spiders.
     
  22. Divexxtreme

    Divexxtreme Formula Junior

    Aug 14, 2020
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    Scott
    If by “better” you mean better at aesthetically mirroring its predecessor, I’d agree!
     
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  23. gsxrian

    gsxrian Karting

    Feb 4, 2023
    170
    Revuelto is not sold out ... i was offered an allocation by two different Lambo dealers a few weeks ago!
     
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  24. Jo Sta7

    Jo Sta7 F1 Veteran
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    To be delivered when?
     
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