F8 Tributo: depreciation/stabilization/value appreciation?

the last pure combustion mid-engine Ferrari was the 458

 

You should figure that it is a depreciating asset. If you are looking to buy as an investment you should look at something else. There are a lot of them produced and continue to be produced so it is not a collectible car like the Speciale. With that being said if you are looking to drive an awesome car and have fun than it’s a great purchase. Life’s too short to worry about what will possibly happen in 20 years.

 

To partly answer your question, this is one of the few F8s I have heard being sold under MSRP. Possibly due to mileage. If it meets your likes then I would buy it. I believe these cars will hold their value very well given the nostalgia of it being the last V8 in the line. Appreciation as years go forward will be a difficult prediction given the economic conditions. Also, it’s a damn fine car. If you haven’t driven it you should then that will seal the deal for you.

 

You're asking a very rational question about what is a very irrational purchase I think it's safe to say that none of us, not even the guys with 20+ Ferraris in their collections and a luxury trackside suite at Monza, have a clue where resale values will be in a year, 5 years, 10 years, or 20 years. Because ultimately the exotic car business is not driven by rationality. Who would have thought that a 360 would sell for well north of $200K US, as just happened? Who could have predicted that in a time of global stress (covid etc), prices of luxury goods would skyrocket?

You'll get 5 people on here telling you that the F8's value will drop sharply because it's got turbos. You'll get 5 more people telling you it will continue to appreciate because it's the last non-hybrid V8 Ferrari. You might as well throw a dart against the wall; you'd be just as likely to get an accurate answer.

I'm on the hunt for a 488 Spider (at $600K USD+, the F8 Spider is out of my price range.) I've come to accept that the value will be, what the value will be. If the value of whatever car I get drops by $100K in the few years after I buy it...well, that's too bad. I'll just hold onto it and enjoy it. If it increases by $100K (or whatever) after I buy it...well I'm still going to hold onto it, unless circumstances mean I have to choose between keeping a Ferrari and keeping, say, my airplane. (Bye-bye Ferrari, in that case.) So really, the future price changes of the car are irrelevant. They're only relevant if I want/need to get out of Ferraris altogether.

 

The F8 is PURE Combustion. No Battery or electric motors assisted.

Turbos donl’t make it non-combustion. Only takes away “Natural Aspiration”

 

the last naturally aspirated pure combustion mid-engine Ferrari was the 458

 

Buying a Ferrari is not a logical undertaking
Your clinical approach to the matter makes me sad

 

The F8 should hold value and increase over time. Why? The 'next' V8 is the SF90 and at more than double the asking price (coupes) that leaves a lot of 'headroom' for F8 values...And after the SF90, will there be another V8 standard production? Of course if there is, it too will be hybrid and priced even higher...

 

8.6 million people and there are 118 cars 488/F8/Pista for sale ? Too much competition. Demand and unique pushes price up. Look at the prices for a 458SA now.

 

From what im seeing in our market the price of a used F8 spider is in line with a Pista coupe. IMO Pista all the way.

 

FWIW I don't know what dealer you are talking to but my dealer FoD- as well as FMFL, Scottsdale Ferrari, etc. Say exactly the inverse- the excitement and "surprise" of the 296 is blowing the F8 out of the water. I own a 458 Spider and have driven 488s and F8s- while fantastic cars neither made me even remotely consider trading the 458 and neither tempted me to sell stock (or a kidney ) to obtain one and add to the family- the 296 on the other hand still would not give me pause on trading the 458 BUT did have me asking if I really need two kidneys

Echoing @todd cloud - Dont over-analyze this- drive what you are interested in and when something makes your heart pound and all you can think about is the car then BUY IT if you can afford it and DRIVE IT every chance you get. None of these cars are retirement accounts and if they were then you get to stare at them and dust them once a week which is sad IMHO.

Live the excitement and passion and save the analytics for something less exciting and more predictable.

Cheers

 

I have an F8 in production and am driving the 296 Tuesday evening at local event. Im sure it will be amazing based on what Ive seen and read but I'll likely keep the F8 for quite a while as the V8 thing is special I think and it looks amazing (best looking mid V8 in a long time IMO) --

 

Ferrari is great at building excitement, but, if the 296 suffers from high out of warranty costs it will greatly impact its long term value. The SF90 has the privilege of being more or less a limited production car sold to top Ferrari customers who are more willing to put up with problems related to the hybrid components (some though are not so willing and sell them). Hopefully Ferrari will figure out the 296, but, it has been a year since its reveal, any customer deliveries yet??

 

I was told by my salesperson yesterday that if you put down a deposit on a 296 today that it will be 2-4 year wait.

 

Makes sense, probably another year+ before USA first delivery occurs, if first delivery is pushed back into 2024 you know they are having technical problems...

 

That was my first thought. I wouldn’t buy the first iteration of the 296 if they gave me discount.

 

Exactly what I was told during the test drive-

 

Isn't it an issue of the number produced? There many458's produced, fewer 488's and even fewer F8's with production cut short to pass to the 296. Subtract from that the ones that get totaled along the way and just that fact alone would say the F8 is in a good position to be of value.....20, 30, 40 years from now. Plus it was described as the ultimate "tribute" to the V8 legacy, then it should be a prized Ferrari in the years to come. I think the 458 will have a similar place from a collection perspective, as the last NA V8, but with many more produced playing a factor.

 

+1

 

One correction, the F8 production was actually extended and not cut short. It was originally suppose to be a 2 year run and is now extended into 4 year run. It will end up being produced for the same amount of time as the 488. Since Ferrari has ramped up production over the last few years I would not be surprised if there ends up being more or about the same amount of F8 than the 488.