Sf90 resale prices?! | Page 22 | FerrariChat

Sf90 resale prices?!

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

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  1. JDT

    JDT Karting
    Rossa Subscribed

    Jul 16, 2020
    123
    Denver, CO
    Full Name:
    Justin
    Because I'm a data nerd, I pulled the data on all the SF90 Stradales currently for sale in the US (that I could find).
    Roughly 113 for sale with prices and tried to find original stickers where possible for as many listing as I could. Just some fun rough numbers.

    Average asking price = $601,456.90
    Average MSRP = $653,904.78
    Average Loss = $68,177.94 or 10% of MSRP (highest loss 24% lowest 1% * based on asking sales price vs MSRP)
    Highest Ask = $795,907.00
    Lowest Ask = $499,800

    Keep in mind, I have no idea what the final sales prices will be as those are not ever shared by dealers, and I haven't added in the "length of time for sale" yet, but still interesting to see how the numbers pan out so far. Again, not an exact science but gives you some direction on where the current asking market is sitting.
     
  2. cjpatel

    cjpatel Formula Junior
    Rossa Subscribed

    Nov 18, 2012
    275
    NYC
    In September it will be 2 years! So not bad. Put around 850 miles on it.
     
  3. Cocoloco

    Cocoloco Formula Junior

    Nov 26, 2013
    734
    #528 Cocoloco, Jun 18, 2024
    Last edited: Jun 18, 2024
    SF90 Ferrari owners have a passion which has no price tag.
    113 likely bought a Spider and XX. 1500 XX owners will further enjoy their passion
    Exact science - take all the ones that sold above MSRP Coupes Spiders XX - tbd.
    Perhaps there are more (dollars) winners than losers, the owners are loving their experiences.
     
    LMP likes this.
  4. FIFY
    :D
     
    ForeverNA likes this.
  5. Cocoloco

    Cocoloco Formula Junior

    Nov 26, 2013
    734
    #530 Cocoloco, Jun 18, 2024
    Last edited: Jun 18, 2024
    Passion breeds success - F1 and Ferrari since age 7 and guessing same as others.
    Went to a Ferrari dealer at that age - I still remember the day the cars the salesman.
    My grandson at age 2 runs to the garage doors to see the Horse Cars - priceless. He then sits in them each one for 10 minutes plus - priceless. Gullible is for those who don't read the ingredients :)
     
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  6. LMP

    LMP Karting

    Aug 11, 2022
    135
    Florida
    Now he can blame the passion on you :) sounds really special him wanting to see the cars enjoy in good health while we can !!!
     
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  7. Cocoloco

    Cocoloco Formula Junior

    Nov 26, 2013
    734
    #532 Cocoloco, Jun 18, 2024
    Last edited: Jun 18, 2024
    LOL yes he can and I am sure he will, which will come at a cost that I am happy to incur.
     
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  8. JDT

    JDT Karting
    Rossa Subscribed

    Jul 16, 2020
    123
    Denver, CO
    Full Name:
    Justin
  9. willcrook

    willcrook Formula 3

    Feb 3, 2009
    2,215
    UK
    low 600's final bid imo, reserve probably set too high
     
    danielinCO2 likes this.
  10. goblue22

    goblue22 Karting

    Sep 1, 2022
    97
    Westchester, NY
    Full Name:
    brian potash
    Good call Will!
     
  11. JDT

    JDT Karting
    Rossa Subscribed

    Jul 16, 2020
    123
    Denver, CO
    Full Name:
    Justin
    Saw that, that's well below the $740kish sticker.
     
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  12. Jo Sta7

    Jo Sta7 F1 Veteran
    Rossa Subscribed

    Oct 13, 2015
    5,037
    Scottsdale/Pittsburgh
    Full Name:
    Jon
    What a stunning car
     
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  13. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    560
    Los Angeles
    I can't imagine the reserve was too far off that bid. Maybe 650k?
     
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  14. JDT

    JDT Karting
    Rossa Subscribed

    Jul 16, 2020
    123
    Denver, CO
    Full Name:
    Justin
    I'd be surprised if it was that low on a $741k sticker.
     
  15. Jo Sta7

    Jo Sta7 F1 Veteran
    Rossa Subscribed

    Oct 13, 2015
    5,037
    Scottsdale/Pittsburgh
    Full Name:
    Jon
    I don't believe these auction sites are indicative of the market right now. They are full of people trying to steal a car (so to speak). The serious buyers are going through dealers. At least that's my view. However, the exotic market is definitely soft relative to covid and will continue to be.
     
  16. Thecadster

    Thecadster F1 Veteran
    Rossa Subscribed

    Apr 27, 2017
    6,885
    Kind of a strange spec. Mishmash of exterior carbon (plastic rear diffuser, plastic under door) and comfort seats in an Assetto Fiorano package. Of course, the AF (without the lifter) itself seems oddly matched in a Spider. Regardless, even with the $7,500 buy fee, the final bid was over $110,000 LESS than MSRP. Naturally, Ferrari dealer cars will invariably transact for more money due larger to a couple key advantages, namely access to CPO programs and Ferrari Financial.

    Last point, I have noticed a pretty large gap in value from 2023 models and earlier years. I think the extra warranty coverage is pretty valuable in the secondary market for this model.

    Image Unavailable, Please Login
     
  17. Cocoloco

    Cocoloco Formula Junior

    Nov 26, 2013
    734
    #543 Cocoloco, Jul 2, 2024
    Last edited: Jul 2, 2024
    Agree
    There is incentives to buy and sell a Ferrari thro a dealer. Ferrari is designed for long term ownership and relationship. Short term in & out of the brand will not end well for the dealer or the customer. In this case the dealer and or customer poorly chose a spec especially for short term ownership, which pretty much applies to all the finer things in life.
     
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