Pista's selling over list
Discussion
LordOfTheManor said:
Seen as my deposit was returned as I wasn't a favored Ferrari customer, their favored customers are now selling their cars just for the cash
there's no loyalty today!
the whole experience made me feel like a third class passenger on the Titanic
That works both ways, show them no loyalty and buy something else. there's no loyalty today!
the whole experience made me feel like a third class passenger on the Titanic
It is frustrating.
There is no doubt "celebrities" sometimes get special treatment.
However,the Ferrari model is changing as is the market and I believe more people who want specific cars will get them going forward so keep the faith.
We all have to accept that depreciation is now a major factor but to be honest I would not now consider another brand.The cars they produce are amazing and the experience (not slick at times) has a character and charm of its own which is worth the admission price.
There is no doubt "celebrities" sometimes get special treatment.
However,the Ferrari model is changing as is the market and I believe more people who want specific cars will get them going forward so keep the faith.
We all have to accept that depreciation is now a major factor but to be honest I would not now consider another brand.The cars they produce are amazing and the experience (not slick at times) has a character and charm of its own which is worth the admission price.
The Surveyor said:
LordOfTheManor said:
Seen as my deposit was returned as I wasn't a favored Ferrari customer, their favored customers are now selling their cars just for the cash
there's no loyalty today!
the whole experience made me feel like a third class passenger on the Titanic
That works both ways, show them no loyalty and buy something else. there's no loyalty today!
the whole experience made me feel like a third class passenger on the Titanic
But I have a passion for the cars I buy, why would i buy a car I didn't want? just to get the 1st class Titanic ticket
Rather catch the bus
The Surveyor said:
That works both ways, show them no loyalty and buy something else.
Had this with my dealer, went up to place a deposit on a pista and was told that my 2 previous purchases of the Ferrari brand didn’t qualify me for a pista to which I replied “ Is my money different to someone else’s then” to which they replied, sorry. So I told them to shove it and bought into the Lamborghini brand again instead, no such problems there I’ll add.TonyF said:
Had this with my dealer, went up to place a deposit on a pista and was told that my 2 previous purchases of the Ferrari brand didn’t qualify me for a pista to which I replied “ Is my money different to someone else’s then” to which they replied, sorry. So I told them to shove it and bought into the Lamborghini brand again instead, no such problems there I’ll add.
The issue with that is that Ferrari give a flying f
k lol Too many people with too much money buying in to V8s and V12s to get in to their Halo Cars. If you go elsewhere they don't really care.
I have a friend who has to buy every single model released - in the last 24 months he had a Portofino, 488, 488 spider x2 (sold at a premium via the same dealer), 812 Superfast (sold at a dealer with premium), and GT Lusso which he took a bath of £35k on. So it's a juggling game - win some lose some but in the end he got a Pista - again now sold via the dealer at a premium and is about to take delivery of a Pista Spider.
It's a f
king dirty game!He does the same with Porsche too and it's now come to a stage with them where if they have a car they can't shift (recently bought a £100k Cayenne Turbo from them) he buys it off them and sells it back to them - what does he get - a 911 GT2 rs, GT3 rs, Xclusive Edition Turbo and also the new speedster - all cars that he will drive for a bit and sell on for a huge profit via the dealer.
It's a win win for everyone. As I said - a dirty game but one that is very rife within industry.
The only brands he does not buy in to is Lamborghini and Mclaren as he says he always "takes a bath" come resale time on those. The good thing though is that he is always in the most desirable car and makes money at the same time but his capital outlay is huge. OK if you have the cash or can afford multiple monthly PCP payments I guess.
Edited by PrancingHorses on Thursday 25th July 09:40
PrancingHorses said:
TonyF said:
Had this with my dealer, went up to place a deposit on a pista and was told that my 2 previous purchases of the Ferrari brand didn’t qualify me for a pista to which I replied “ Is my money different to someone else’s then” to which they replied, sorry. So I told them to shove it and bought into the Lamborghini brand again instead, no such problems there I’ll add.
The issue with that is that Ferrari give a flying fk lol Too many people with too much money buying in to V8s and V12s to get in to their Halo Cars. If you go elsewhere they don't really care.
I have a friend who has to buy every single model released - in the last 12 months he had a Portofino, 488, 488 spider x2 (sold at a premium via the same dealer), 812 Superfast (sold at a dealer with premium), and GT Lusso which he took a bath of £35k on. So it's a juggling game - win some lose some but in the end he got a Pista - again now sold via the dealer at a premium and is about to take delivery of a Pista Spider.
It's a f
king dirty game!He does the same with Porsche too and it's now come to a stage with them where if they have a car they can't shift (recently bought a £100k Cayenne Turbo from them) he buys it off them and sells it back to them - what does he get - a 911 GT2 rs, GT3 rs, Xclusive Edition Turbo and also the new speedster - all cars that he will drive for a bit and sell on for a huge profit via the dealer.
It's a win win for everyone. As I said - a dirty game but one that is very rife within industry.
The only brands he does not buy in to is Lamborghini and Mclaren as he says he always "takes a bath" come resale time on those. The good thing though is that he is always in the most desirable car and makes money at the same time but his capital outlay is huge. OK if you have the cash or can afford multiple monthly PCP payments I guess.
MDL111 said:
imo 35k on a Lusso does not really qualify as taking a bath .... I would have thought that is the loss if you spec it and then sell it straight on (actually even then it does not sound too terrible)
It is taking a bath for someone who is usually making money on all the cars he buys.....Even the portofino was resold at listPrancingHorses said:
MDL111 said:
imo 35k on a Lusso does not really qualify as taking a bath .... I would have thought that is the loss if you spec it and then sell it straight on (actually even then it does not sound too terrible)
It is taking a bath for someone who is usually making money on all the cars he buys.....Even the portofino was resold at list
Prancing horses, you have outlined in detail pretty much what most of us suspected....if you have the buying power unfortunatley it does all make sense....I think the massive over supply and cooling of the market may mean the big overs are going and have already reduced somewhat.....
It sounds really nice the way this guy can flip in and out and I'm really jealous!
But I'm not clever enough to make it happen for me. My father in his lifetime never bought a brand new car, he took home £60/ week
when steelworkers were earning £500/week (that's why we longer produce steel like we used to)
All I can do is try and buy the cars I really want, hoping there's no overs or under's to boot
But I'm not clever enough to make it happen for me. My father in his lifetime never bought a brand new car, he took home £60/ week
when steelworkers were earning £500/week (that's why we longer produce steel like we used to)
All I can do is try and buy the cars I really want, hoping there's no overs or under's to boot
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