Portofino 2020 or Portofino M 2022

You should buy the one that you enjoy having and driving the most.
That is what Ferrari is all about.
Everything else is just noise.

 

If depreciation is a concern, don't buy a front-engined modern Ferrari. If Porto follows the Cali depreciation curve (and I don't see why it wouldn't), you'll lose $100k in 2-3 years especially if you actually enjoy it and put some miles on it.

Buy to enjoy. Not to retain value.

 

Buy the one with the bumper to bumper warranty. You will loose money on both of these cars. I use my 2019 Porto as a daily still loosing money as I type this. Great car tho. What color car are we talking here?

 

I would get the M ... you have bumper to bumper warranty which you can extend for 2 more years since the original has not expired. If you are buying from a Ferrari dealer, try to negotiate the 2 year extension into the price of the car. Also the M is the last and best of the breed, so in theory will be worth more than the 2020 down the road. But as Kurt said, it's still going to depreciate.

The 2020 would be a great car but an extremely expensive transmission repair still lurks in your future sooner or later, so I would be happy having an extendable factory warranty.

 

Then don’t buy either. If you want a Ferrari that will hold value, you need to buy a 10 + year old model that is limited in numbers. A Portofino will not hold its value. Roma either.
The electronics are going to be a future nightmare.

 

This is inevitable for both the cars you're contemplating. If this is a problem, you probably should be shopping downmarket. No shade at all intended in that comment, just an observation.

My advice is to buy a car that's cheap enough that you don't stress about driving it more than 3 hours a month.

 

True, cars age and depreciate. In the meantime they get used for fun and work. One perspective to address your depreciation concern is to look at the selling prices for the Cali/Porto line over the years. There are good data from 2009 to today. Some years values went up and some years down. On average over five year periods the trend is down. Without doing a grounded study, I would guess Cali/Portos from new go down roughly an average of $10k-$25k per year (with the smaller per year being for the older cars). Data from the past may not be good predictors of the future but they do give one perspective.

If you have concern about depreciation, you may also wonder about expensive maintenance possibilities. As far as I can tell, the potential for expensive transmission or convertible top issues essentially went away from 2015 onwards. There were instances of such problems in some earlier cars, but when I talk to dealer mechanics, they don't see common problems in the cars and especially nothing to report for 2015 and later. My 2016 hums along fine with 24,000 miles and only the sticky buttons have merited fixing. Annual service level is all that has been done (oil, filters, tires, battery, wiper blades, ...).

In the end, if worrying about depreciation gives concern on a car purchase, then less expensive car will have less total depreciation. One may get a similarly pleasing driving experience with a Porsche at half to two thirds the Porto price. The difference is in the styling and ambiance. Good luck with your decision.

 

I wish that was true, but it seems that any Ferrari with the Getrag dual clutch transmission (used 2009-present) is eventually going to have an expensive problem with some inexpensive internal seal or sensor that is going to require a 5-figure teardown and repair. They did fix issues on the early cars with wiring being chafed and causing speed sensor errors, and improve the lifespan of the sensors by adding additional oil cooling, but they are still likely to fail eventually, as my own 2015 just did -- oil leak from a failed internal seal.

 

What’s the difference in price , 50-75 k ?

 

I would definitely buy the 2020. When I bought my 2019 Porto the delta was 100k at the time for the M. For that very reason I went with the 2019 with the full warranty. I did not consider the Roma as I like the lines and interior room on the Porto better.

 

I’ll add another opinion to the discussion. I have a 2020 Portofino (bought new in 2019) with 6000 miles. After the Portofino M came out I thought about trading in my Portofino for the M version. If memory serves me correctly, I was going to get $210k for the trade (on a purchase price of $245k), the M would have been $270k and I was all set to pull the trigger…until I took the M for a test drive. Was it terrific, yes. Could I tell the difference, only marginally…and clearly not $60k worth.

 

Somthing that hasn't been mentioned: wasn't the later 'M' version saddled with the GPF (Gas Particulate Filter) like the 812 also got?

 

I forgot about that. I can tell you that the Porto without the GPF filter sounds fantastic. I can also tell you my F8s with the GPF sounds like shizzle.

 

I never drove the Portofino, but my wife's Portofino M with GPF sets off car alarms in her underground office garage. I think when they added the GPF they were able to get rid of the sound baffles from previous generations and it sounds greater than any F8 I have driven. The eight speed DCT is far better than what is in my 458 Spider (not sure what DCT is in the Portofino). I don't honestly feel a huge difference between Sport and Race mode in the PFM, but still glad to have the option.

 

I’m in the same position..portifino 2020 or 2022 m
The cost difference here in uk is £125 for portofino and £170 for the M £45 k difference but this is how I see it works the Cali props up the Cali t prices the T props up the portifino and they do the same for the M
So the Cali won’t go lower than £50 k the t £70k the portifino £90 -£100k the M maybe £130 and that should be it for a good spec with decent mileage so either is going to have big losses after 4-5 years just think of the first owner tho a good spec M £175 plus options some almost £250 when new and now 2 years old it’s lost £75 k
You’ll probably loose £35 k in 5 years so all in all not to bad . If you can pay for the car outright you’ll save that in interest payments
M also as the new 8 speed box
I’ve not driven either and own a McLaren 600LT spider now this car still retails for what I paid 2 years ago but the boss wants a change and as long as it’s yellow

oh and I’d go for the M for sure

 

yes your right they are not selling I’m seeing the same cars for sale for months after months people just don’t have the money . There’s the super rich who do but they won’t be buying anything less than £200k then there’s the ones who can just afford but money still tight so the car isn’t really a priority. There la a portifino M in rosso portifino here at £159k $210 . It’s £15k lower then anything else it’s one of the highest options at £75 k I’ve seen carbon everything even the rear diffuser 9000 but 3 owners 2021 (that would put me off ) also as full ppf now I don’t know why but that’s just sold after 7 months up for sale .i quite fancied it but the lady want a gialla Moderna (yellow) come back in another 4 years the same car with over 20.000 miles will probably loose another £40k . Which is a lot for your average guy to loose it’s like them working all year 9-5 for free

 

'Your average guy' probably isn't looking at buying a six figure car let alone worrying about it depreciating at ten grand a year.......