Ferrari Prices Plunge | Should You Buy the Dip?
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- Опубліковано 1 чер 2024
- Ferrari prices have been falling for the last 1.5 years, but does this mean that you should you avoid Ferraris if you care about values? The situation seems to be worse than ever.
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Content:
00:00 Ferrari prices continue to fall
00:24 Price developments
05:31 Comparisons
07:26 Buy the dip?
10:39 Conclusion
Prices for most mid-engine Ferraris have been falling for about 1.5 years and they continued to do so during the last three months. However, also the older models like the 360 and F430 started to show some signs of weakness after a stable period. Should this stop you from buying one if you care about values?
Based on the data, I think that the Ferrari market is doing relatively well in relation to other markets. Depreciation rates are lower, inflation adjusted prices are not over inflated, and inventory developments are mildly optimistic.
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision. - Авто та транспорт
* Which car would you like to see analysed next? *
BoxsterS 981 in Europe
There is no Dip. Just a plummet till car prices today hit where they would have been without covid and that is still +30% in the UK, yes stealers you gotta drop another 30%!!!!😮
F12 update
981/718 GT4
Lamborghini V12 market update 🙏
Analysis just keeps getting better and better over the years. There’s even inflation adjusted values, bravo
You are a beast. I dont know how you came to make this your niche... but we ALLLL appreciate you for doing so.
Appreciate the research! Enjoying my first Ferrari (F430) over the last six months. Maybe you can create a "smiles per mile" analysis/graph....that's the real value with some of these cars! Cheers & keep up the stellar work! 👍
That would be the most important graph of them all. Great car, enjoy the miles.
A model that you have completely forgotten is the 360 Challenge Stradale.
Brutal price increase, the predecessor of the Scuderia and Speciale and generally one of the best Ferraris ever made. 😍
1000% agree
I excluded the models for which market supply is too low to get a reliable trend.
I have been waiting on the sidelines for the past 5 months waiting for one to get in the high 190s but nothing even gets close. I saw an awesome one for sale in England for 149k but couldnt get the logistics of shipping back to the US inline
@@NoRedTape1 what prices are you seeing
Excellent video!
Thanks for making this update. 👍🏻📈 Love seeing the data.
If you're rich and can afford, just buy and enjoy. Life is short
Depreciation is no different than lighting money on fire. Your wealth simply vaporizes. I don’t know too many people who earned their money who are okay with that. Mainly I see that from people who inherited their money from someone else who earned it, such as their parents or grandparents.
So true. 👏🏻
Depends on amount. If your Ferrari depreciates 200 a month, it’s a good deal.you drove a Ferrari for 2400 a year
@@JohnSmith-dm1wonot really
Maintenance is pricey and common issues can really hit your pockets deep
9:35 One thing that I didn't directly hear you say is that when the market reaches a certain price point and it leads to a shift in carried over inventory to the downside, that suggests demand is meeting the supply at that price point aka the new prevailing price is close to equilibrium. That would signal that downward price pressures may not continue for much longer if at all. Dealers may even mark up their product by $5-10k in the short-term.
Excellent as always, thank you. The inflation data really shows an interesting angle
The economy is booming. Just ask Joe.
🤣🤣😂
Interest rates. Simple.
He takes questions?
From California , thanks for the great Vids ....Merry Christmas
Super interesting as always! Thanks for the analysis
Enjoy the videos. How do you track how long particular cars have been listed? Any thoughts on what is next with the 575M?
Hi, thanks for the video. Can you do a 718 spyder video next?
Thanks for the quality of your video. Can you do one with the Maserati granturismo it could be interesting
Great review! Can you please update the Lamborghini Huracán and Aventador market report.
Are you using dealer listed prices or MMR/auction data?
Thank You so much. Love your vids but you left iut 2 of my favorites the FF and Luso? are you going to do these soon?
They are covered in the front-engine market update, I do those every six months. This is the latest one: ua-cam.com/video/go3oxYc_Fz0/v-deo.htmlsi=17HTxM72kPuovihK
I like the way your show the % value change and the $ amount of the change.
Can you do a video on Mercedes saloons over time. Pretty sure an E300 is more expensive than an E55 was twenty years ago. Maybe the price increase is in accordance with inflation but I think it’s way over. Also comparing them with the used prices (which often tank) would be interesting!
you should analyze real deal's prices from auction, not asking price from the dealers) check last results on auctions for Scuderia - they are not even close to 400k, same with 360 and many others
Love your videos. Thank you a lot. Very interested in the aventador and murcielago prices. And hope that one day you can also include European prices. Right now many cars are being sold from Europe to US. At least what I see and hear.
It is great to hear that you enjoy the video. I will start to include the European market in some videos from next year onwards.
Thanks
Hi, how about GTR prices? Would be very interesting to see
981 boxster USA. And 2018 Aston Martin Vanquish s please
Hey buddy. One thing that you should consider adding to your graphs is quantity. Especially when we're talking prices over a period of time.
By doing so, you'll put the price and the trend into perspective.
Something as simple as having a # figure over each of the data points (dots) on the graph.
The quantity numbers are checked in the analysis but i only include them when there are relevant developments in it.
Please analyze 550 n 575 Maranello. Thank you 🙏
Thanks for the analysis - I watched this 3 times over the last two weeks! I'm picking up a 488 spider next week - I can take 8% deprecition a year.
It is great to hear that the video was helpful. Massive congrats on your new car 🎉
Murcielagos please
Ferrari has a big problem as of late, which is Porsche in the below 300k range. They will trend to have lower prices than before. Which is great because you will be able to find one for a reasonable price.
What about all those buyers with negative equity in their cars ?
12 cylinder Ferraris...F12...812...LUSSO.
Agreed…love to see data on 812 Superfast!
Front engine V12 Ferraris are covered in a seperate market update that is updated every six months. You can find the latest one over here: ua-cam.com/video/go3oxYc_Fz0/v-deo.htmlsi=6v0HzY4ZQorhcbLS
Lamborghini market next! Aventador, Huracan, URUS
Can you do this for Lamborghini?
Need an updated LC500 analysis
Pls make an update for 911 T
Once there is a rate cut it will go up again
SF90….. don’t care how wealthy you are that one hurts
I mean realistically if you’re a sheikh, your wealth is growing by millions and millions per year based on compounding alone, so if it grows by $28.8 million this year instead of by $29.0 million, probably you’re not that worried. Once you get to a certain point, your money is making so much interest that you have to blow it on yachts, planes, failed investments, and buying off politicians just to keep up.
Did i miss v12 models in the Video?
you know its bad when the legendary 458 is down
The problem with the inflation adjusted encouragement: my salary has not been inflation adjusted
I’d buy it for the fun to drive factor not for an investment. I don’t care if I nerfed the value.
The only certain bet in the market is a GT3 RS
They are holding up well at the moment.
Once again no v12 market or 812 superfast. 3rd video missing front engine ferrari...
Front engine V12 Ferraris are covered in a seperate market update that is updated every six months. You can find the latest one over here: ua-cam.com/video/go3oxYc_Fz0/v-deo.htmlsi=6v0HzY4ZQorhcbLS
Am I best waiting for the price to drop if I plan to buy one?
I would go in n negotiate a price that u r comfortable in paying(low ball) , u can always walk away if u can’t get it at that price….😂😂😂
@@david888ayou do have a point, if you walk away with the lowball, then the seller will know your price is serious. Wouldn’t expect a deal but I put my number out there!
The analysis needs to take into account the price decrease lost per year, the cost of capital attached and the real value of money deflated. it is very shallow from a financial perspective.
Yearly price changes with and without inflation are included. The cost of capital is very personal but you can easily add this to match your situation.
I'm waiting on the 488 GTB to keep going down. Still overpriced compared to the 458
My car insurance just went up 50% :(
Cool cars to look at but crap reliability
At least temporarily, but not for long, that's for sure.
LMAO.
"Buuuy the dip!"
Nearly all car prices will continue to fall as the economy tanks. The last 3 years were a silly anomaly and now prices not only need to fall back to where they were before the pandemic, they need to fall further to where they would have been with normal depreciation over a 3 year period. So yeah, not a good time to buy any car and the deals will be there in another year or two when things get tough.
I agree market will continue to drop but what economy are you looking at?
Isn't this a correction, also Ferrari has way more competition now
Why but a Ferrari when all EV sports cars are cheaper and faster than all the complicated Ferraris that often need super expensive maintenance.
Delete this comment before your wife sees it. (So embarrassing)
Looks alone
HAHAHAHAHAHAHA HA HA HAHA HAH AH HAHAHAHAA H HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
EV=one-trick (soulless) pony.
Same reason people buy a $20k Rolex when a $5 used Swatch keeps better time.
Ferraris are your maintenance cost absolute worst nightmare. McLaren, Ferrari, Lamborghini, Bugatti - these cars are out of reach for normal people as they don't have normal maintenance costs. People who buy cars like that have serious fuck you money. Maintenance costs are so high its incomparable to anything.
The only luxury sports car in the truly affordable mainstream market is probably Porsche.