Are Maranello's prices getting reasonable

Are Maranello's prices getting reasonable

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Discussion

Andrew Richmond

Original Poster:

1,480 posts

254 months

Monday 8th December 2003
quotequote all
When I lived local and was shopping around for a 3200, or possibly a 456/550, I found Maranello's prices to be pretty high and their px's well off the pace. However, the prices don't seem too bad now; eg, £51k for a 5 mth old Maser Spyder (nice colour combi) and £65k for an 01Y 456 with the hard to find manual box.

Are Maranello's now much more reasonable or am I just out of touch with how much the top end market is suffering (Tom Hartley not buying much at the moment).

PS What are their px prices like these days?

exint2

282 posts

258 months

Monday 8th December 2003
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Think it may be because they have a couple more franchises now - and the general depressed market conditions....

456mgt

2,504 posts

267 months

Monday 8th December 2003
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I think you're right Andrew. They used to be easily 10% or so more than the equivalent car elsewhere, but it doesn't look that clear cut any more. From this: www.ferrari-uk.com/frameworks/locator/index.asp I'd still say they are in the upper quartile, but it's a close call.

Don't know about p/x at the mo'. Maybe someone else does.

mr_tony

6,328 posts

270 months

Monday 8th December 2003
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Certainly seem to be getting more reasonable over the last 12 months or so. (Hence me buying my car there!)

Whether this is due to market conditions generally, or whether they are trying to consciously realign their prices in relation to their competitors out there I'm not sure.

However, worth remembering that people can and do make substantial savings over list price from main dealers, some of the 3rd parties out there are much less flexible on price, but then their prices are lower to start with.


Andrew Richmond

Original Poster:

1,480 posts

254 months

Monday 8th December 2003
quotequote all
I think that you are right guys.

I'm glad I don't live local anymore as both cars I mention would tempt me. Still I have bought too many cars this year (five so far!(two of them sold mind you)) so I think a fallow period is called for.

The sticker prices up in here in Scotland for Ferrari/Maserati are pretty high which helps me keep my wallet in my pocket!

mr_tony

6,328 posts

270 months

Monday 8th December 2003
quotequote all
I'll happily go check them out for you

mal

196 posts

247 months

Monday 8th December 2003
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I think Ferrari are quietly starting a policy to sell their car virtually direct. Maranello have bought HR Owens in St Albans, they are opening in Sevenoaks, which means they have most of the Home Counties sown up. I also noticed that Ferrari had bought the Pozzi chain in France which owns 16 Ferrari / Maserati Dealerships.

Pure speculation but is there a pattern to this if so the reduce prices and make other dealerships suffer would make some commercial sense thus making them ripe for takeover in the future!

Andrew Richmond

Original Poster:

1,480 posts

254 months

Monday 8th December 2003
quotequote all
...and then put up second hand prices afterwards??