296 gtb uk price | FerrariChat

296 gtb uk price

Discussion in '296' started by Kbf1981, Jun 15, 2024.

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  1. Kbf1981

    Kbf1981 Rookie

    Jun 29, 2022
    16
    UK
    Full Name:
    Kieran Fisher
    Feels like a floor has been found at £220-230k. Lots have sold this month around that price.

    F8 is £200-220, so like £10k difference for a higher Milage, older car.

    I'm thinking this is good value.

    A 488 is £150-170k, a 458 around the same, an F8 around £210-220k, a 296 where they've finished taking orders £230k for an 18 month old low miles example.

    Feels like a good deal and good value? Can't see it dropping to less than £170k in the next 2 yrs.

    Thoughts?

    Feels like a bargain
     
    Dino_Argento likes this.
  2. Jlee504

    Jlee504 Karting

    Apr 8, 2017
    109
    I mean thats $280-290K in US dollars thats pretty amazing. I would definitely buy one around there. Our dealers are trying to get 400K US dollars still.
     
    F2003-GA and Dino_Argento like this.
  3. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,355
    Tampa, Fl
    Bargain. Buy one and post some pictures.
     
    LVP488 and cmargosi like this.
  4. jackal2513

    jackal2513 Karting

    Oct 17, 2005
    62
    except they are changing hands for £19X
     
  5. stevdug

    stevdug Karting
    Silver Subscribed

    Feb 4, 2019
    234
    Tulsa
    Full Name:
    Steve
    "except they are changing hands for £19X"

    Not sure what you mean here?
     
  6. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,537
    UK
    some have been sold for less than their asking prices at £19x,000

    at some point imo they'll drop down to 458 levels but I think it's still a good buy as whoever bought them new took the £100k hit
     
  7. F2003-GA

    F2003-GA F1 World Champ
    Rossa Subscribed

    Nov 2, 2003
    13,333
    Sunbelt
    Full Name:
    Bro
    Current model Ferrari's taking that kind of hit is not a good sign for Ferrari IMO
    They will still sell out but the Dealer games will cool down
     
  8. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,355
    Tampa, Fl
    Nothing to do with Ferrari. It is the UK market in general. Even Porsche, Mercedes, Mclaren, etc.
     
  9. stevdug

    stevdug Karting
    Silver Subscribed

    Feb 4, 2019
    234
    Tulsa
    Full Name:
    Steve
    I looked again at the 296 asking prices in Germany and other parts of Europe and then ran a 458 search and the asking prices are converging, some already seem there. I thought breifly about trading my 458, but that thought is fully gone after 2 dealers have ask if I planned to trade and when I said "I didn't think so", both responded " I wouldn't". The 296 is soooo much nicer to drive, and eventhough the 458 looks and sounds so pretty, something seems off when the 10 year old car with a good chunk of miles is pricing the same as an almost new seemingly great car?
     
  10. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,355
    Tampa, Fl
    Not sure what’s off about that? Playing devils advocate, A 30 year old Toyota Supra can be the same price, if not more, than the almost new car that performs much better. Some cars are classics and will be worth the same if not more than their modem counterparts. 458 has become a modern classic
     
  11. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,537
    UK
    imo it's partly this and partly that cars like the 488/f8 etc have adequate performance on public roads so there's less incentive to change - back on transitions from the 355 to 360, 360 to 430 etc it was exicting to have the new power (+the roads were less congested back then)
     
  12. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,355
    Tampa, Fl
    Can’t imagine having this level of performance on the roads over there. UK roads make me stress out. Lol

    On a separate note, Does the UK have speed cameras? First time driving thru Switzerland I could not figure out why everyone was slowing down periodically. Finally figured out the speed cameras. Driving in Italy this past year I figured it out and remembered to brake hard as I got close to the camera.
     
  13. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,653
    France
    It seems we're not quite there though, here are the price ranges from mobile.de in Euros (excluding limited editions, and Danish cars that are unusually expensive, for whatever reason):

    458 Italia: 138K - 250K
    488 GTB : 175K - 290K
    F8 Tributo: 270K - 365K
    296 GTB: 265K - 457K

    So one has to go for a most expensive 458 or 488 to be in the same ballpark as a less expensive 296.
    Otherwise the delta is still almost 100K, since "typical" 458 prices are just below 200K, "typical" 488 prices are just above 200K, and "typical" 296 prices are around 300K.

    The F8 comparison seems to show, however, that the 296 has already lost the attraction of the newest car - after all, an F8 is like a most recent 488, so comparing F8 prices with 296 prices is comparing the very most expensive examples of the previous generation (488/F8) to the new generation. And we have the same situation as for already discontinued cars: the most expensive 458 is dearer than the less expensive 488, although a typical 488 is slightly more expensive than a typical 458.
     
    mkraft3003 likes this.
  14. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,537
    UK
    lots of speed cameras and many tight challenging roads, typically out in the countryside where the limiting factor of speed is how suicidal you feel
     
  15. Junaid13

    Junaid13 Karting
    Owner Rossa Subscribed

    Aug 14, 2024
    209
    London, UK
    Full Name:
    Junaid Peracha
    Great app called Radarbot. It knows where they are but not where random cops will be with lasers.


    Sent from my iPhone using FerrariChat.com mobile app
     

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