I’m in England. We always find Winter depreciation of prices on all supercars. But as soon as it’s sunny days again the prices bounce back. Manual cars continue to climb in value.
yup, holding onto the 458. not selling it. Truly iconic last PF design, NA mid engine, Ferrari. There is a strong reason why 488 is the same price as 458.
I enjoy your postings very much - the markets and values of these special cars are very interesting. I see you featured a few photos taken in South Africa 🇿🇦.
I finally purchased my dream spec 458 Italia yesterday. I have been waiting almost a year and a half for the perfect spec and even though I had somewhat given up on my search due to the limited US inventory; I had one pop up on my radar and I didn't even blink once. This is my first Ferrari ever and the sound of that V8 engine has me grinning from ear to ear.
@@bikefax8177 I own a 812 GTS with 5,000+ miles, a GTC4Lusso with 31,000 miles, and a Portofino with 16,000 miles. The last two get driven all winter here in NW Ohio with Sottozero tires on them. Ferrari's should not be permanently parked!
I seen an F8-tributo (coupe) with 5,500-miles on it listed at $325,000! they are getting close to my range of affordability, not sure if they’ll hit $250K in around a year (I’m expecting a higher mileage one at around 10-15K-miles will hit that number around that time?)
It would be nice to see the Ferrari list price compared with the used prices. (I know there is a big difference depending on the spec… but maybe some general approach of getting to a variation or an average price). I would have thought that the SF90 price, while down a lot from the (secondary market) peak, it is still above list price ?
That model had only approx 10% of its entire production in 6-speed so it’s hard for him to give us a chart with a handful for sale in the world at any time.
Video is outstanding! Although I do have one difference in opinion and that is the 355 GTS/berlinetta 6 speeds have come down significantly from their wild run up. While the lesser models such as spiders and f1’s follow the stability you mention.
@@fourwheeltrader yes, the market on an older model like the 355 is not only small, but in that market there is significant variance between transmission and berlinetta/GTS and spider body styles. This is something that makes it more difficult to make quick infographics on compared to a more modern car such as a 488 or F8 where there is less variance in market price due to there being only 2 body styles and 1 transmission type and also significantly more inventory.
I have a 550 Ferrari that is 25 years old. It’s has been my daily driver for the last 17 years. Do you have any opinion as to value in this market you described in your article on old versus new models.
Of course increase the price on the v8 basic models. But the limited models is crazy wats going on. Last week was a gto sold for over 140 million dollars. And a f40 / f50 double the price in the last 3 years. And the same thing happened with the La Ferrari, Enzo and so on.
The SF90s were selling at around 950k at the top. I now see them selling at around 650k. That’s a 32% drop in about 1 year. Your rate of drop is way off on this model. This reminds me of when the CPI comes out. The government gives a fictitiously lower number like 5% when it’s actually way higher. Anyhow from what I’m told by many dealers is the brand that holds their value the best is Porsche.
Have noticed Pista prices slowly coming down too. Very hard to find one still below €400k vs. pre-pandemic typically we'd have around a dozen or so on a constant basis. Edit: I'm European for context. US Pista prices have definitely been getting supply, pushing the market back towards equilibrium. Still trading at a $50-100k premium though, relative to what some specs should be going for.
It looks to me that the Post-Covid cars are behaving like normal, depreciating...cars. And that the COVID bubble cars (can't vacation, buy a used Ferrari) are starting to 'regress to the mean'. Any thoughts?
They sue their own customers, act like they doing YOU a favor by selling a car to you and of course no support for their older models. In the normal world these behaviors are considered corporate suicide. Keep it up Ferrari❤
360 CS: Stable. Prices have been hoovering around $310k since June 2022. 458SA : Too small market for reliable data trends. But based on what is available also stable since June 2022. Between $900k and $ 1.1mn
can you do an analysis of 458 speciale apertas, Ferri f430 spiders, Ferrari 16m Scuderia Spiders, and 812 superfast, 812 gts, and 812 competiziones, and for the new upcoming Cars, sf90 vs model, and f250, and laferrari. Thank you. I would love to purchase and sell my f430 spider and buy a Ferrari 430 16M scuderia spider. I do own a 812 gts and 458 aperta, maybe i might go for a 599 gto. Let me know. You should do an analysis of the v12 models, and the limited edition ferrari models. Thank you so much!!!
The JDM market is the most interesting one in Australia. Very broad appeal even amongst muscle car owners. Start talking Supras, RX7, GTR Skyline, MR2 Turbo, Silvia, 300ZX Turbo etc and you may well generate lots of views....since you asked... Good video, thanks for posting...I'll subscribe for a while and check it out.
This I suggest is more global market downturn, I would still consider a 458 spider in good condition a potential classic candidate, as will be F8 but 488 is an in-between model and will not be looked favourably in the future IMHO
en france ou en europe ,je pense que gamme 458 est la plus desirable et les prix va vite grimper car c est une des dernieres atmospherique avec les v12 , dommage qu il n ont pas continuait avec une 498 atmospherique italia 650 ch ou 558 italia atmospherique 700 ch
If you want to own and enjoy a 488 then it’s always a good time to buy. I’ve always contended that Ferraris shouldn’t be considered investments, because the car market is volite. Can you make money on a car, yea but I think there is a correction coming and prices will settle to about the same value they should have had had that pandemic not occurred. But again this is all speculation. Information that is provided in this video is helpful for estimating the cost of ownership along with maintenance, insurance, tires ect. While the 488 is outside of my (my wife’s) pre determined playtoy budget, I’ve rented one several times and enjoyed it, but liked the 458 a little better. I don’t see any reason not to buy one, they are good cars.
@@shawnhicks619 Appreciate your reply, its not an a investment, but like everyone it would be foolish to pay over for any car, btw its not a appreciating asset either.
@@amansandhu5342 actually if you think about it, short term 3-5 years deprishiation of a 488 vs ownership cost of a 355 may be a better deal financially considering the engine out maintenance a 355 needs and parts becoming more scarce.
Hello, I’m am interested in an 911 from old to new, but factory price compare to sales price used? As addition to your analyses, but with at least base price list!? That will be good to see if it make sense to get 911 in long term as new or not, inflation is an additional issue, but only on point, even the benefit from the use during all the year is more then inflation and service))) thank you!!!
Without a major pivot in monetary policy, price will have to mean reverse, which means 458 has to first give back the 30%-ish gain it accumulated from 2019, and then continue down for another 10-15% which should have had happened had Covid/helicopter money hadn't taken place, that looks to me about a 40% drop from the peak, which is not crazy really if we look at the number. The 458 is a ten yrs old car at this point still asking 200K+, a 40% drop means it's going to be at 120-130K average.
Its not entirely because of Helicopter money, its the advent of EVs then people are more interested in NAs again. Think it will still drop, but good condition ones will hold, hard to find good specs for an old car. I know a few ex owners are looking to buy back again.
F430 its a upcoming classic. Prices increase will come sooner than later on this model. Lines and design are better than the 458 especially on the Spider one
As more Corvette Z06s are made, the price of Ferrari and other cars most certainly will depreciate as more become available. The C8 series is wiping the floor on sales for both Porsche and the used Ferrari market, which is a closed market and limited new players other than you tubers. U.S dollar reserves are running scarce and all luxury markets of the past 40 years were U.S dollar oversupply driven.
I have been waiting for a review of Ferrari 550/575. Seems like you have been covering most other models but ignoring this segment. Please cover them or let me know why not.
@@fourwheeltrader I truly appreciate you asking! :) The title of "Ferrari Prices are Plunging" leads you to believe something is wrong. But then you watch the video and it is more like "Newer Ferraris are depreciating, as they should, and older ones are slightly trending UP". Of course, writing that on the title, would not generate as many CLICKS. But regardless, BIG FAN here. Keep up the great work!
Said it before, I'll say it again: not everything with a combustion engine will go up in value. Besides, the way things are right now... the "EV revolution" might be cancelled. Not just that E-fuels are finally getting traction, there are also more and more experts who doubt that it's even possible to build EVs in those numbers that would be required... providing the infrastructure for them is a huge undertaking and it's not even clear that we have or will ever have all the materials we'd need to build all those batteries. So... ICE cars might be here to stay and everyone who speculated they might go up in value because they're "the last of their kind" and was foolish enough to buy an overpriced car for this reason should re-evaluate their life choices ^^
Agreed… the whole market is being effected after SF90. But I have a feeling Ferrari did this on purpose. With 2nd party sellers looking for literally 100’s of thousands of dollars over MSRP on current models in combination with Ferrari putting holds on sale of new models; it’s no wonder that literally every model being effected. Because at the end of the day if anyone is cross shopping anything with-in the price point of SF90 I feel like they’ll buy that. Look at the Ultimate market compared to how insanely inflated SVJ’s were 2 years ago. In my opinion the final straw will be GT3RS. I have a feeling Porsche will produce loads of them and crash their own market on purpose because they’ll sell all of them. Hopefully everyone regardless of price point will refuse 1st party and 2nd party mark-ups and bring the market back to a more normal equilibrium.
@@OldmanTim_ there's definitely some foul play at the moment. No doubt about it. From manufacturers and dealers alike. They're trying to artificially keep price levels where they are. But they won't succeed. I mean, maybe for a while, but not in the long run. If they can keep this up for a few more months the plunge that follows will be insane.
agreed that not everything with a combustion engine will go up, but I’d bet stick N/A Ferraris are one of the few categories of cars that people will want in the future, along with 60’s muscle cars and the iconic JDM sports cars of the 90’s.
People want to buy new one... old Ferrari... doesn't mean you can get a girl. you know what I'm saying. People prefer new ones and pressure Ferrari stop building new after new one that's faster than old ferraris. It's waste of money. when other sportcar going faster than your car. no body drives old Ferrari anymore. not even testarossa.
I don't think you should expect to make money ont these toys. They're meant for ppl who can "truly afford"...when I say "truly afford" it means they can buy it and not make a big fuss if it breaksdown or just gets rusty in the garage. These are toys for the big boys.
I’m in England. We always find Winter depreciation of prices on all supercars. But as soon as it’s sunny days again the prices bounce back. Manual cars continue to climb in value.
yup, holding onto the 458. not selling it. Truly iconic last PF design, NA mid engine, Ferrari. There is a strong reason why 488 is the same price as 458.
the most under subscribed automotive youtube channel. GREAT VIDS!
Please, if you can, do a video on Aston DB9s old vs newer, manual vs auto
The interesting evolution is the F355. In europe the prices are rising. In your chart is also dynamic movement on the left, "lower" end...
I think in the US that the release of the new Corvette Z06 might be hurting Ferrari prices. Especially for the 458.
Would love to hear your thoughts on the 328.
I have an old 308 GTSI, what is your take on them?????
I enjoy your postings very much - the markets and values of these special cars are very interesting. I see you featured a few photos taken in South Africa 🇿🇦.
I finally purchased my dream spec 458 Italia yesterday. I have been waiting almost a year and a half for the perfect spec and even though I had somewhat given up on my search due to the limited US inventory; I had one pop up on my radar and I didn't even blink once. This is my first Ferrari ever and the sound of that V8 engine has me grinning from ear to ear.
Sold my f430 and Cali T about 1 year ago and so glad I did
I’d love to hear about the V12 market. Specifically how is the 812 GTS holding up? Thanks, great insights…..
This is the most recent update for the v12 market: th-cam.com/video/VThyLwSLWcY/w-d-xo.html
Nobody owns those.
@@bikefax8177 I own a 812 GTS with 5,000+ miles, a GTC4Lusso with 31,000 miles, and a Portofino with 16,000 miles. The last two get driven all winter here in NW Ohio with Sottozero tires on them. Ferrari's should not be permanently parked!
I seen an F8-tributo (coupe) with 5,500-miles on it listed at $325,000! they are getting close to my range of affordability, not sure if they’ll hit $250K in around a year (I’m expecting a higher mileage one at around 10-15K-miles will hit that number around that time?)
Thank you so much for the 458 update
Todd the C8 corvette effect the price of Ferraris?
Your Knowledge of the Car (Ferrari) market is EXCEPTIONAL 👍👍
older car curves look similar to home prices in hot metro US markets over the same time period.
I want to buy 488 pista? What do you think? Price 430.000 euro
2019 13.000 km
The USA 2022 bubble was crazy, so had to crash. Not seeing these drops in UK
no way they are plunging. ive followed them for years, they are still grossly overpriced on the used market
What about the front engine V12??
Here you go: th-cam.com/video/VThyLwSLWcY/w-d-xo.html
I just bought a testarossa in fantastic condition for 90 grand. I would be interested to see you. Where those land in your modeling.
Congrats on the new car.
It is now May 2024 and SF90s at 420k (at Ferrari dealerships) show the worst was NOT over (or looking to recover)!
This is the latest market update from a few weeks ago: th-cam.com/video/ImePctea8nc/w-d-xo.htmlsi=mrrmqtOMP9z1Zq5k
What do you think will be the bottom for the sf90 coupe
It would be nice to see the Ferrari list price compared with the used prices. (I know there is a big difference depending on the spec… but maybe some general approach of getting to a variation or an average price). I would have thought that the SF90 price, while down a lot from the (secondary market) peak, it is still above list price ?
Tbh it all depends on where you are. In duabi the 488, F8 and SF90 have gone up in value relative to the older mid engines that have depreciated more.
No mention of the 430 manual! Maybe too few data points?
Indeed
That model had only approx 10% of its entire production in 6-speed so it’s hard for him to give us a chart with a handful for sale in the world at any time.
Not in the Canadian market unfortunately
Video is outstanding! Although I do have one difference in opinion and that is the 355 GTS/berlinetta 6 speeds have come down significantly from their wild run up. While the lesser models such as spiders and f1’s follow the stability you mention.
Could be, it is difficult to split this market due to the small size.
@@fourwheeltrader yes, the market on an older model like the 355 is not only small, but in that market there is significant variance between transmission and berlinetta/GTS and spider body styles. This is something that makes it more difficult to make quick infographics on compared to a more modern car such as a 488 or F8 where there is less variance in market price due to there being only 2 body styles and 1 transmission type and also significantly more inventory.
I have a 550 Ferrari that is 25 years old. It’s has been my daily driver for the last 17 years. Do you have any opinion as to value in this market you described in your article on old versus new models.
Great video. What are your thoughts on 488 Pistas?
Of course increase the price on the v8 basic models. But the limited models is crazy wats going on. Last week was a gto sold for over 140 million dollars. And a f40 / f50 double the price in the last 3 years. And the same thing happened with the La Ferrari, Enzo and so on.
Land Rover old and new Defenders !
The SF90s were selling at around 950k at the top. I now see them selling at around 650k. That’s a 32% drop in about 1 year. Your rate of drop is way off on this model. This reminds me of when the CPI comes out. The government gives a fictitiously lower number like 5% when it’s actually way higher. Anyhow from what I’m told by many dealers is the brand that holds their value the best is Porsche.
Only thing is Porsche 911 is so overpriced new. It still drops after 1 year of ownership. $130k for a 911 is crazy
Great video, really good analysis and goes with what I’ve been seeing lately
I think your next video needs to be about the Ferrari V12 market !!!! Would love to see that. Starting from the 599 till the 812 GTS
Have a look at this: th-cam.com/video/VThyLwSLWcY/w-d-xo.html
a lot of high end cars are down 30% or more in the last 6+ months.
Have noticed Pista prices slowly coming down too. Very hard to find one still below €400k vs. pre-pandemic typically we'd have around a dozen or so on a constant basis. Edit: I'm European for context. US Pista prices have definitely been getting supply, pushing the market back towards equilibrium. Still trading at a $50-100k premium though, relative to what some specs should be going for.
Not in the us
Would you still purchase a 2023 911 Targa GTS. What’s going on with their value.
You didnt seem to focus at all on the F355 coupe in this analysis. Why is that?
Very little data unfortunately. Over here you can find a more recent market update: th-cam.com/video/bM63q0Ojrr8/w-d-xo.html
Could you do the same for the GT? California, T, portofino and roma? 👍
Really? In Europe ferra California price still 150.000 to 200.000, 2013/2015
Would love to see a short on something like the GR86/BRZ siblings. Are they representative of the market or not?
Thanks, good shout. I will look into this.
It looks to me that the Post-Covid cars are behaving like normal, depreciating...cars.
And that the COVID bubble cars (can't vacation, buy a used Ferrari) are starting to 'regress to the mean'.
Any thoughts?
What about the ferrari 612oto models ?
They sue their own customers, act like they doing YOU a favor by selling a car to you and of course no support for their older models. In the normal world these behaviors are considered corporate suicide. Keep it up Ferrari❤
As a Ferrari owner, I appreciate Ferrari's approach. It keeps the value of my car higher than if they didn't do this.
@@christschool what model do u have?
Can we get an analysis on their GT cars like Roma, Calofornia, Portofino, 599, 612, etc.
Coming up this week.
What about 360 CS and 458SA?
360 CS: Stable. Prices have been hoovering around $310k since June 2022.
458SA : Too small market for reliable data trends. But based on what is available also stable since June 2022. Between $900k and $ 1.1mn
@@fourwheeltrader
How about 488 pista? Thanks!
@@fourwheeltrader Thank you
can you do an analysis of 458 speciale apertas, Ferri f430 spiders, Ferrari 16m Scuderia Spiders, and 812 superfast, 812 gts, and 812 competiziones, and for the new upcoming Cars, sf90 vs model, and f250, and laferrari. Thank you. I would love to purchase and sell my f430 spider and buy a Ferrari 430 16M scuderia spider. I do own a 812 gts and 458 aperta, maybe i might go for a 599 gto. Let me know. You should do an analysis of the v12 models, and the limited edition ferrari models. Thank you so much!!!
The JDM market is the most interesting one in Australia.
Very broad appeal even amongst muscle car owners.
Start talking Supras, RX7, GTR Skyline, MR2 Turbo, Silvia, 300ZX Turbo etc and you may well generate lots of views....since you asked...
Good video, thanks for posting...I'll subscribe for a while and check it out.
I SAW A 90s SUPRA TURBO GO FOR $150,000 !
MECUM AUCTION EARLY 2023
Great video but I think at 1:02 you mean the 360 not 458
Yes, there is a text included at 1:02 to illustrate this.
Sold my F430 last year… good move but still miss it. Would like to get back with a 458.
This I suggest is more global market downturn, I would still consider a 458 spider in good condition a potential classic candidate, as will be F8 but 488 is an in-between model and will not be looked favourably in the future IMHO
GT350 & GT350R
Why did you leave out the 348 in this analysis? I’d love to see a 348 market update.
Very small market, other than that no particular reason. Maybe I will include them in the future.
en france ou en europe ,je pense que gamme 458 est la plus desirable et les prix va vite grimper car c est une des dernieres atmospherique avec les v12 , dommage qu il n ont pas continuait avec une 498 atmospherique italia 650 ch ou 558 italia atmospherique 700 ch
Please do the GT2RS
Ferrari V12 456GT, 612 and 599
Risky? Do you know who buys Ferrari’s?
What are your predictions about Lamborghini Urus prices?
Modern exotic suv. It will come down 10-20%. Also we have another interest hike coming here in US. This is just the begging
Maaaaate, would love your expert analysis of boxster/cayman prices in Australia 🇦🇺
Great insights as always!!! And I love the idea with the shorts! Can we expect a view on the Alfa Romeo Giulia QV soon? 😉🔥
Thanks! I started to collect data for the Giulia QV but it will still take a while before i have enough for a video or a shorts.
488 pista?
what do F40s go for these days?
1,000,000$
I would love to see a comparison of the Mercedes Maybach Sedans and the GLS 600 Maybach. Thank you.
Hi - is it a good time to buy a 488 coupe now? or you feel that there will be more depreciation this year? Thanks :)
He said that model looks to have ways to come down which I agree with.
If you want to own and enjoy a 488 then it’s always a good time to buy. I’ve always contended that Ferraris shouldn’t be considered investments, because the car market is volite. Can you make money on a car, yea but I think there is a correction coming and prices will settle to about the same value they should have had had that pandemic not occurred. But again this is all speculation.
Information that is provided in this video is helpful for estimating the cost of ownership along with maintenance, insurance, tires ect.
While the 488 is outside of my (my wife’s) pre determined playtoy budget, I’ve rented one several times and enjoyed it, but liked the 458 a little better. I don’t see any reason not to buy one, they are good cars.
@@shawnhicks619 great answer I agree with all of the above.
@@shawnhicks619 Appreciate your reply, its not an a investment, but like everyone it would be foolish to pay over for any car, btw its not a appreciating asset either.
@@amansandhu5342 actually if you think about it, short term 3-5 years deprishiation of a 488 vs ownership cost of a 355 may be a better deal financially considering the engine out maintenance a 355 needs and parts becoming more scarce.
Gee, wish I could get a 360 for 75k..try 180k in Australia…a lot of dreamers out there..one 360 is asking A$280k 😂😂😂😂
I’ll be looking for 355 manual spiders 430 scuds and f8 coupes if I’m really lucky maybe a speciale or TDF 😊
Hello, I’m am interested in an 911 from old to new, but factory price compare to sales price used?
As addition to your analyses, but with at least base price list!? That will be good to see if it make sense to get 911 in long term as new or not, inflation is an additional issue, but only on point, even the benefit from the use during all the year is more then inflation and service))) thank you!!!
Without a major pivot in monetary policy, price will have to mean reverse, which means 458 has to first give back the 30%-ish gain it accumulated from 2019, and then continue down for another 10-15% which should have had happened had Covid/helicopter money hadn't taken place, that looks to me about a 40% drop from the peak, which is not crazy really if we look at the number. The 458 is a ten yrs old car at this point still asking 200K+, a 40% drop means it's going to be at 120-130K average.
Its not entirely because of Helicopter money, its the advent of EVs then people are more interested in NAs again. Think it will still drop, but good condition ones will hold, hard to find good specs for an old car. I know a few ex owners are looking to buy back again.
Please consider inflation, if possible.
thank you
What you thinking of the 296 GTB?
Unfortunately, there is no data yet for those.
F430 its a upcoming classic. Prices increase will come sooner than later on this model. Lines and design are better than the 458 especially on the Spider one
I’m sorry but you said that there is a chance that the 458 could increase AND decrease??
Not simultaneously :)
I'm guessing a lot of techies are getting laid off and have to raise some cash. I'll bet some big bargains are ahead for the patient.
As more Corvette Z06s are made, the price of Ferrari and other cars most certainly will depreciate as more become available. The C8 series is wiping the floor on sales for both Porsche and the used Ferrari market, which is a closed market and limited new players other than you tubers. U.S dollar reserves are running scarce and all luxury markets of the past 40 years were U.S dollar oversupply driven.
Ferrari is a dream Corvette is a car!
Why no California analysis?
Where are the prices now, 5 months later?
This is a more recent video: th-cam.com/video/bM63q0Ojrr8/w-d-xo.html
The 360 is the best value Ferrari on the market
More recent market update: th-cam.com/video/bM63q0Ojrr8/w-d-xo.html
*What car would you like to see analysed next?*
Dodge Vipers
Can you stop doing Exotics and do regular cars for once
@@gtrlifewa3522 I have a quarterly market update for normal used cars, this is the most recent one: th-cam.com/video/sx_4RyeqLRQ/w-d-xo.html
BMW M3 E92 and E46 gen please :)
Ferrari Roma
I might be able to buy one for me and my future papi 😂
Americans are buying the C8 corvette Z06. Which beats all these
Ferrari Roma please!!
I have -35 € in my bank account why in the world am I watching this
I have been waiting for a review of Ferrari 550/575. Seems like you have been covering most other models but ignoring this segment. Please cover them or let me know why not.
Relatively small market, other than that no particular reason.
@@fourwheeltrader Do You mean there aren't very many of them or that they don't go to market very often or god forbid no one wants them?
Over hyped assets are adjusting back to more normal levels as Hype type crypto kids exit their “investments”.
Can you do Ferrari 456 gt please
news Ferrari cars look terrible,plus no one wants them
everyone wants the older ones
The stock market obviously hasn’t heard your words of wisdom, RACE (Ferrari) stock is at a 10 year high and has increased nearly 6x in that time 😂
Fully agree, with the statement the new Ferrari looks Terrible 😞 and sounds terrible too
Funny how the content of the video is the total OPPOSITE of its title.
Why do you think that?
@@fourwheeltrader I truly appreciate you asking! :) The title of "Ferrari Prices are Plunging" leads you to believe something is wrong. But then you watch the video and it is more like "Newer Ferraris are depreciating, as they should, and older ones are slightly trending UP".
Of course, writing that on the title, would not generate as many CLICKS.
But regardless, BIG FAN here. Keep up the great work!
Said it before, I'll say it again: not everything with a combustion engine will go up in value.
Besides, the way things are right now... the "EV revolution" might be cancelled.
Not just that E-fuels are finally getting traction, there are also more and more experts who doubt that it's even possible to build EVs in those numbers that would be required... providing the infrastructure for them is a huge undertaking and it's not even clear that we have or will ever have all the materials we'd need to build all those batteries.
So... ICE cars might be here to stay and everyone who speculated they might go up in value because they're "the last of their kind" and was foolish enough to buy an overpriced car for this reason should re-evaluate their life choices ^^
Agreed.
Agreed… the whole market is being effected after SF90. But I have a feeling Ferrari did this on purpose.
With 2nd party sellers looking for literally 100’s of thousands of dollars over MSRP on current models in combination with Ferrari putting holds on sale of new models; it’s no wonder that literally every model being effected.
Because at the end of the day if anyone is cross shopping anything with-in the price point of SF90 I feel like they’ll buy that.
Look at the Ultimate market compared to how insanely inflated SVJ’s were 2 years ago.
In my opinion the final straw will be GT3RS. I have a feeling Porsche will produce loads of them and crash their own market on purpose because they’ll sell all of them.
Hopefully everyone regardless of price point will refuse 1st party and 2nd party mark-ups and bring the market back to a more normal equilibrium.
@@OldmanTim_ there's definitely some foul play at the moment. No doubt about it.
From manufacturers and dealers alike.
They're trying to artificially keep price levels where they are.
But they won't succeed. I mean, maybe for a while, but not in the long run.
If they can keep this up for a few more months the plunge that follows will be insane.
agreed that not everything with a combustion engine will go up, but I’d bet stick N/A Ferraris are one of the few categories of cars that people will want in the future, along with 60’s muscle cars and the iconic JDM sports cars of the 90’s.
@Barberbus I like the comment. My concern was how are people going to afford NEW ev cars. It’s just not possible.
😂
People want to buy new one... old Ferrari... doesn't mean you can get a girl. you know what I'm saying. People prefer new ones and pressure Ferrari stop building new after new one that's faster than old ferraris. It's waste of money. when other sportcar going faster than your car. no body drives old Ferrari anymore. not even testarossa.
I don't think you should expect to make money ont these toys. They're meant for ppl who can "truly afford"...when I say "truly afford" it means they can buy it and not make a big fuss if it breaksdown or just gets rusty in the garage.
These are toys for the big boys.
First
Thanks and 599 gtb market increasing …?