UK 296 GTB Values

[LondonCarGuy]

UK pre-owned Ferrari Approved 296 GTBs median prices since I've started tracking them:

September: £209k
October: £209k
November: £205k
December: £205k
January: £199k
February: ???

[AB]

LondonCarGuy said:

UK pre-owned Ferrari Approved 296 GTBs median prices since I've started tracking them:

September: £209k
October: £209k
November: £205k
December: £205k
January: £199k
February: £199k

The above is the answer if it was a question from my 4yr olds homework.

[LondonCarGuy]

AB said:

The above is the answer if it was a question from my 4yr olds homework.

What else would you like to know?

[Calculator]

People talk about this car as being heavy on depreciation but it looks to retain c70% of list at 3 years. I’d say this is pretty good.

[bennno]

LondonCarGuy said:

UK pre-owned Ferrari Approved 296 GTBs median prices since I've started tracking them:

September: £209k
October: £209k
November: £205k
December: £205k
January: £199k
February: ???

be more useful to just track a specific year and mileage.

my car is back for sale at a dealer at what it cost me a year ago, but in the interim I doubled the mileage.

[LondonCarGuy]

Calculator said:

People talk about this car as being heavy on depreciation but it looks to retain c70% of list at 3 years. I d say this is pretty good.

I think they are nice cars. I plan to buy one soon.

[LondonCarGuy]

bennno said:

be more useful to just track a specific year and mileage.

my car is back for sale at a dealer at what it cost me a year ago, but in the interim I doubled the mileage.

I agree, that would be best. Unfortunately, the sample size is not big enough to be that specific. All the fleets of all models get older, add miles etc. Also it would be nice to keep the spec very specific too. Again, sample sizes limit this.

[col68]

Does anyone have any real world experience of trade bids on GTB’s ? Are dealers, main or otherwise willing to write the cheque so to speak?

[LondonCarGuy]

col68 said:

Does anyone have any real world experience of trade bids on GTB s ? Are dealers, main or otherwise willing to write the cheque so to speak?

A few Ferrari Approved 296s are SOR, but most are dealership owned. I've now visited eight Ferrari dealers. So, they will definitely write you a check if you want to sell.

[bennno]

col68 said:

Does anyone have any real world experience of trade bids on GTB s ? Are dealers, main or otherwise willing to write the cheque so to speak?

Some are, quite seasonal, dealer paid a fair price for mine to buy outright, another dealer offered 10k less and wanted it on SOR.

Dealers will expect 10% margin, so it’s simple to do numbers.