Too many Ferraris? | FerrariChat

Too many Ferraris?

Discussion in 'Ferrari Discussion (not model specific)' started by Husker, Mar 25, 2008.

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  1. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,792
    western hemisphere
    I know this is probably a re-post, but what does everyone make of Ferrari's supposed intent to ramp up production of Ferraris to 10,000 or more annually? If my facts are correct, this would approach HALF of the total Corvettes produced each year.

    Seems like if this happens, the Ferrari mystique will be tarnished a good bit, which will hurt future resale.

    Thoughts?
     
  2. Tony K

    Tony K Formula 3

    Jun 7, 2006
    1,778
    USA
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    Tony K.
    OH NO!!!! There goes all that mystique!!! Help!!! :D

    Time to buy a Lotus -- they're still hand built in low numbers! lol
     
  3. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
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    Snike Fingersmith
    They're not building 328s or Lussos, what does it matter?
     
  4. Bryan

    Bryan Formula 3

    With the conclusion of the 2007 Corvette Model Year, the Bowling Green Assembly Plant has released the final production numbers for the year. Corvette production for 2007 totaled an astounding 40,561 Corvettes. This is the most Corvettes produced since the introduction of the C4 model in 1984 and only the sixth time in 54 years that Corvette production crossed the 40,000 unit threshold.

    As with the last few years, Corvette owners still prefer Red Corvettes. The two shades of red, Victory and Monterey, combined for 28.9% of total production. However, the single most popular color for the third straight year was Black, accounting for 23.5% of Corvettes. Second place was Victory Red at 16.5% and Machine Silver third at 13.6%.

    Atomic Orange, the new color for 2007 that replaced Daytona Sunset Orange Metallic finished at 3,790 Corvettes or 9.3% of production nd more than doubled DSOM's 1,729 units in 2006.

    The percentages of Corvettes with orders for the 6-Speed Manual, Paddle Shift Automatic and Z51 6-Speed Manual are relatively unchanged from 2006. I expected to see a decrease in true manual 6-Speeds in favor of the Paddle Shift as it has the Automatic modes, but that was not the case. The MN0 Paddle Shift had an option penetration of 55.3% vs 2006's 56.1%.

    Here are the final 2007 Corvette Production Numbers:

    Corvettes Produced Amount Percent

    Coupes 21,484 53%
    Convertibles 10,918 27%
    Z06 Hardtops 8,159 20%
    _______ _______
    Total 40,561 100%



    http://www.corvetteblogger.com/index.cfm/2007/6/30/Final-2007-Corvette-Production-Numbers
     
  5. MarkJ

    MarkJ Formula Junior

    Sep 10, 2006
    729
    NW Arkansas
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    Mark Jones
    Renaults are also rare, but they just don't do anything for me. If Fcars were more common, I wouldn't like them any less.
     
  6. WILLIAM H

    WILLIAM H Three Time F1 World Champ

    Nov 1, 2003
    35,532
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    HUBBSTER
    where did you get that info ?

    I imagine they are ramping up to build more cars for China & India

    I heard they designed a car specifically for the Chinese market
     
  7. mat

    mat Formula Junior

    Mar 24, 2006
    647
    Warsaw/Lodz, Poland
    Full Name:
    Mateusz
    speak for yourself ;)

    to my thinking, since the start of montezemolo's reign, the marque stopped being niche and rare, now ferraris are a symbol of social status and performance. that's because it's more beneficial. now if you want something rare you'd choose pagani or koenigsegg, that's how they're masking their lack of quality ;)
     
  8. Execproducer

    Execproducer Karting

    Oct 4, 2004
    178
    South OC
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    Lee
    #8 Execproducer, Mar 26, 2008
    Last edited by a moderator: Sep 7, 2017
    That's why I went to the Audi R8 -- only 145 imported this year, fewer than 200 slated for next year! Too many Ferraris and Lambos out here in SoCal!
    Image Unavailable, Please Login
     
  9. TheBigEasy

    TheBigEasy F1 World Champ
    Consultant

    Jun 21, 2005
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    Ethan Hunt
    Do you guys think the smaller hand built stuff will get more popular? Spyker, Pagani, Fisker, etc.
     
  10. Kravchak

    Kravchak Formula Junior

    Oct 17, 2005
    850
    Northeast
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    Ken
    Look at the classic American blunder known as Harley Davidson. They used to have a waiting list for all new bikes and a nice healthy aftermarket, then they got the idea to ramp up production, while maintaing the ridiculously high price, and now they have KILLED the entire re-sale market for older bikes, and yes even customs, and you can actually walk in a shop and it is FULL of brand new bikes and you can just about steal one to get it off of their floor-plan that they are paying on because they aren't moving... So Ferrari - Beware...

    Oh and where I get the info, Family friends own a Harley dealership, I worked there for years on and off, and I have seen it first hand from 1982 until present, and I won't buy one of these bikes again...
     
  11. BT

    BT F1 World Champ
    Lifetime Rossa

    Mar 21, 2005
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    I agree with this assessment.
    Ferrari should not increase production at a rate any faster than the market population is growing.
    Exclusivity is the hallmark of the brand.
    What else could it be?
    BT
     
  12. starboy444

    starboy444 F1 Veteran

    Oct 7, 2006
    7,265
    Toronto, Canada
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    Lucas
    Good comments. Your theory is true and it is slowly happening to Ferrari. Especially since they've had this boring 360/430 body style for 10 years now. The resale value of a 360/430 car in the year 2015 will be in the 60$ range at this pace.
     
  13. ClassicFerrari

    ClassicFerrari F1 World Champ
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    Jan 7, 2004
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    Yes! Horacio's got a good thing going!
     
  14. J Nicks

    J Nicks Karting

    Dec 4, 2003
    58
    Do most of you buy new or pre-owned cars?
     
  15. WILLIAM H

    WILLIAM H Three Time F1 World Champ

    Nov 1, 2003
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    #15 WILLIAM H, Mar 26, 2008
    Last edited by a moderator: Sep 7, 2017
  16. TheBigEasy

    TheBigEasy F1 World Champ
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    Jun 21, 2005
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    Ethan Hunt
    Stunning. :)
     
  17. robert biscan

    robert biscan F1 Veteran
    Silver Subscribed

    Jan 17, 2003
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    Nobody knows for sure but I think the increased production along with the big price increase plus the reqd. options plus the required one year buy back will slow things down. What do I know?? I just bought one with all those conditions.
     
  18. Jackmb1

    Jackmb1 F1 Rookie

    Dec 27, 2005
    3,329
    Very nice!
     
  19. joao

    joao Karting

    Jan 18, 2007
    130
    some Fcars are just plain boring, 550,612,599... thru they are fast and full of technologie but they lack that supercar look and exotic design that put Ferrari here in the first place, sorry but when the 308/328 came out they was nothing out there that look like it...then came the boxer, testarossa and people started to dream...I thing the designs right now are too conservative...
    They look like they are mass produced...same goes for Maserati...Nice cars, but again they are a lot a nice cars out there too.
    I think that the design and look of Fcars has a lot to do with why we buy them.Sold my 512tr, looked at a 550...just couldn't do it and as fast as it was it didn't give me the feeling the 512tr did...bought a 456 and now I miss the 512tr even more.I guess I' ll just keep on blaming the kids...
     
  20. 1ual777

    1ual777 F1 Rookie

    Mar 21, 2006
    2,948
    Orange County, CA
    Wait a minute. I saw this car going out the gate in Coto the other day; could it be the same one?
     
  21. TravisJ

    TravisJ Formula Junior

    Feb 9, 2008
    628
    Austin, TX
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    Travis
    I think comparing Ferrari to Harley Davidson is like comparing apples and oranges. The great unwashed masses can afford a $25K new Harley. This is much different than a $300K new Ferrari.
     
  22. HOF Ferrari

    HOF Ferrari Formula 3
    Silver Subscribed

    Nov 22, 2007
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    AFG
    No offense....but you can have it....saw one up close and wasn't that impressed!!...Not anywhere near the F car , even if they make 3 a year
     
  23. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
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    True. I saw a 365 Boxer on the road yesterday. 20 years from now, maybe I'll see another one. And I've seen one 328 in the last year, other than at Concorso.

    I think many would agree Ferrari's golden age is over, although we'd all differ as to the cutoff date (I'd say the F40 closed the door and turned off the lights...)

    I agree with others that the Harley/Ferrari comparison isn't completely appropriate, but I am starting to think there are too many, starting with the 360/430. The market is already full of resale 360s, and if they crank out 10,000 cars a year secondhand prices for those 360/430s are going to go off a cliff.

    You could argue that demand worldwide warrants more cars, but I'm starting to feel the proper business move would be to raise prices enough to bring them in line with market demand and keep production fairly steady. Ferrari has taken it for granted that all its past cars become valuable collectibles. I don't think a Ferrari badge automatically makes that true any more. If prices fall too far for older Ferraris, that tradition of going from new to classic is going to be in jeopardy.
     
  24. Tony K

    Tony K Formula 3

    Jun 7, 2006
    1,778
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    Tony K.
    The F40 was definitely the end of an era. It was a true pinnacle, the peak of the "exotic" car era, and "the closest thing to a race car for the road" that anyone could imagine.

    It was followed by the 1990s, where owning a sports car meant a man was "insecure", the Japanese matched the performance of many recent exotic cars for a fraction of the price, a generation of young men and women came of age not knowing or caring how to check their oil, sedans began being called sports cars (WTF?!?), and automobile styling turned to nondescript jello-blobs.

    As Al Pacino said in Scent of a Woman, ~"The 80s are over, you know; these things aren't exactly flying out the door!"
     
  25. alessiogiorgio

    alessiogiorgio Karting

    Nov 24, 2007
    139
    Italy - Sweden
    Full Name:
    alessio giorgio
    I think that Ferrari can increase their production only few hundred cars per year, if they use their actual plants.
    In this case the market and the after-market will not be affected.
    _Another way is IF Ferrari will use the Maserati plants - that seems to have capacity - in this case their
    production can increase a lot....
    But I think it will depends to which new CARS they will want to produce.
    When will we see the new models ?
    ciao
    Alex
     

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