Pista's selling over list

Pista's selling over list

Author
Discussion

LordOfTheManor

Original Poster:

549 posts

55 months

Tuesday 23rd July
quotequote all
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


marky1

787 posts

140 months

Tuesday 23rd July
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Yes it is pretty annoying as someone that wanted one too and couldn’t get one. Ferrari should ban anyone who sells within 6-12 months from buying another “special” version. Unfortunately can’t see it happening.

LordOfTheManor

Original Poster:

549 posts

55 months

Wednesday 24th July
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If your a YouTube'r you get first pick and they rarely keep their cars longer than 6 months

The Surveyor

6,776 posts

181 months

Wednesday 24th July
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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.

ajr550

432 posts

68 months

Wednesday 24th July
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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.

LordOfTheManor

Original Poster:

549 posts

55 months

Wednesday 24th July
quotequote all
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.
Yep! your right there's lots of people buying things they really don't want to get the GT or lightweight cars they do, if you are one of them I wish you good luck.

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 bushehe


LordOfTheManor

Original Poster:

549 posts

55 months

Wednesday 24th July
quotequote all
the experience (not slick at times) has a character and charm of its own which is worth the admission price.


Your right, buying my 458 speciale was like having teeth pulled

TonyF

2,130 posts

220 months

Wednesday 24th July
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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.

PrancingHorses

2,191 posts

151 months

Thursday 25th July
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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 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 fking 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

MDL111

3,666 posts

121 months

Thursday 25th July
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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 fking 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.
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)

PrancingHorses

2,191 posts

151 months

Thursday 25th July
quotequote all
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

MDL111

3,666 posts

121 months

Thursday 25th July
quotequote all
PrancingHorses 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
fair enough, never had the pleasure of making money on a car - must feel nice smile

lambo666

205 posts

62 months

Thursday 25th July
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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.....

LordOfTheManor

Original Poster:

549 posts

55 months

Thursday 25th July
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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

WonkeyDonkey

502 posts

47 months

Thursday 25th July
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Its hardly taking a bath if you're just losing the VAT when reselling.

I cant imagine having that much money yet being so insecure that you need every new model of a particular mainstream brand.

LordOfTheManor

Original Poster:

549 posts

55 months

Thursday 25th July
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to the above poster - we live with donkeys beer

PrancingHorses

2,191 posts

151 months

Thursday 25th July
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Insecure hehe

Some call it a passion for cars...but some people on here really make me laugh! Each to their own

Do whatever floats your boat and what the pocket allows smile

Edited by PrancingHorses on Thursday 25th July 20:59

Drclarke

884 posts

117 months

Thursday 25th July
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I do wonder that all these ‘enthusiasts’ who bemoan that they weren’t important enough to get a certain car, would be throwing their toys out of their prams if these limited edition cars lost money at the same rate as the normal models.

LordOfTheManor

Original Poster:

549 posts

55 months

Thursday 25th July
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Yep!

hunter 66

2,759 posts

164 months

Thursday 25th July
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Bought a new GT3 RS a year a go .... would not be bother if it lost 50% in the next 2 r 3 years as done 6 k miles 5 tracks days and hillclimbs , so value already ..... not worried at all what it sells for , life simply is too short