Many Ferraris Are Prone To Rampant Depreciation
Despite their high price tags, many Ferraris are prone to significant depreciation, especially in the first few years of ownership. This is due to a combination of factors, including high production numbers and the constant release of new models. Additionally, some Ferrari models are more desirable than others, which can also affect their resale value. Even well-maintained Ferraris can lose a significant percentage of their value over time. This can be painful for owners who paid top dollar for their cars (via Hagerty).
However, some Ferraris have proven to be more resilient to depreciation, particularly limited-edition or rare models in high demand among collectors. The depreciation should be taken into account when purchasing a Ferrari. But most people who buy a Ferrari aren’t thinking about the resale value. The car is a status symbol and exudes a certain level of respect. A Ferrari is also one of the most fun-to-drive cars on the road.