Would you decline delivery of your Ferrari if there is a tariff (US buyers)?

Yep and create a massive problem for everyone.

 

Arguing this is like arguing what a massive problem will happen if a meteor the size of NYC hit the world tomorrow. Its not going to happen.

Change is needed. Sometimes you need a sledgehammer to make a dent.

 

Adding the Tariff will affect the second hand market 100%. Prices will go up on those cars.

 

Not if people can't afford it. Demand is still a major factor in economics.... Well some might say one of the 2 most important things. Political alignment is thimble deep

 

I am yet to see a time where Ferrari wasn't able to sell one of their new cars.

It might be a rude awakening for everyone.

 

I guess you were not around in the early to mid-90s? Ferrari dealers couldn't give away cars. And then came the F360, which changed everything.

 

I was . Looked at buying a 355 and was told to take a hike1998. However, Australia's allocation was low.

 

I was buying 488s in 2019.for.like 40-50k off MSRP because they couldn't sell them.

 

Well you were lucky. Not a chance over here.

 

If the poll results here are to be believed (that a 25% tariff will lead to 80% US order cancellation), and said tariff is actually imposed, I can guarantee you that Vigna will do what he must to ensure that those orders aren't canceled.

 

Good for him. From what I've been told, Porsche is not going to follow his lead.

 

So how strange...

Even with your massive taxes you couldn't get a car.

But without the luxury taxes here.... You could get one.

Almost unravels your entire argument in this thread.

 

My responses are to your possible introduction of 25% tax

In AUSTRALIA we are already accustomed to dearer prices.

Demand here outstrips supply.

246 new Ferraris sold in Australia in 2024 26 million people 0.000946
5000 new Ferraris sold in USA 333 million people 0.0015

You get about 63 % more cars.

Remember as I said that dearer price is then pushed onto the secondhand car.

Can you imagine what happens when and if 25% is added to your cars ?

Second hand goes up and that market readjusts but will it be removed 4 years latter ?

 

Yes. It's called price elasticity.

Are you listening to yourself?

Or are you just so argumentative that you never apply your own logic back to your own arguments before arguing.

The 25% price increase is only if people are willing to bare it.


Also... As price increases demand for new Ferraris will decrease which means... Ferrari might have to reduce production... Which sounds like an Italian problem. Not an American problem.

Furthermore....your argument that Australia is used to it and America isnt... Are you saying only Australia could handle a ridiculous tax on their cars?

 

You can't. I'm stunned Musk is building in the US. Henry Ford is dead and gone.

 

The Thread

Would you decline delivery if a tariff is placed on your Ferrari at delivery

I replied no.

You are assuming that even if those 5000 orders are cancelled, they wont be picked up by other buyers ? I don't know and neither do you.

Well, the 33% ridiculous luxury tax was imposed and guess what Ferrari are still being sold out. So, in actual fact we handled it. Dont like it but handled it and it is expressed in the higher selling price because of it.

Its dearer to get into a car but the % lost is the same as yours.

We are yet to see if America will handle it. Time will tell.

Its ironic though as America could be paying the same for imported cars as we do Just hope the used car prices will reflect the extra tax

 

Remember there is already a 2.5% tariff, thus a 25% overall tariff would be +22.5%, not +25%

just the same, there will not be an additional tariff

 

I can tell you this... If tariffs replaced the income tax... Ferraris would sell like hotcakes

 

And ...

A lack of tarrifs.

 

And so would any other car in Australia if you removed the 33% luxury duty. But thats not the question.

This thread isn't a question for the justification of the tax. There is another thread on Tariffs.

 

Ok. But it's would be a factor. You are trying to isolate something... But this isn't a science lab. Reality has more than one variable.

 

Well I wish this was P&R and I would reply.

 

There is always more than one variable.

Because Tariffs are in place doesn't mean that people soley buy the Local car manufacture based on price alone. Price to many it is high on the list but cars also get imported because the local manufactures have nothing to compete with them.

Do you honestly believe Corvette sales would increase and the cars such as Ferrari ,Maclarens , Porsches, Lambos would decline if the price was reduced ?

 

I genuinely don't understand the last paragraph/question you wrote. Did you mix up the last word. Not trying to be ******. Trying to follow along and answernyiur question genuinely