- Luxury vehicles experience significant depreciation, and the Ferrari SF90 is no different in this regard.
- Even though it comes with a steep cost, the SF90 saw a considerable decrease in value after just 185 miles of driving.
- Options such as carbon fiber and premium technology have substantially increased its manufacturer's suggested retail price.
We've seen many high-end and occasionally unusual cars lose their value due to the harsh realities of depreciation. However, this Ferrari SF90 The auction leaves us puzzled, given how significantly it depreciated after only a short time on the road.
For those who may have missed it, the Ferrari SF90 marked a significant milestone in the realm of supercars by elevating performance standards typically associated with hypercars such as the LaFerrari, albeit at a slightly lower price point. The LaFerrari first appeared in 2013; then, after a span of six years, came the SF90. During this period, Ferrari continued to advance technological limits. However, similar to most high-end sports cars—excluding perhaps the "LaFerrari"—the SF90 still faces the inevitable challenge of depreciating value over time.
Read: Someone's Already Reselling Their 1 of 599 Ferrari SF90 XX Spider With Only 62 Miles
While Ferrari has completed the manufacturing of the SF90 Stradale and Spider, but they're still working on the even more aggressive SF90 XX. Even though the standard SF90 is an incredibly powerful vehicle, it remains user-friendly enough for everyday driving, provided you frequently utilize cars boasting such high performance levels in typical city traffic conditions.
The initial buyer of this specific SF90 spent a neat $704,250 for it, along with an extra $15,000 to apply satin paint protection film. Despite having just 185 miles (298 km) on the odometer, it was resold shortly after. Bring a Trailer For $579,000, that represents a staggering loss of $125,000, or $140,000 when accounting for the PPF, on a vehicle that has hardly been driven. If we break it down, it equates to approximately $675 to $757 per mile!
The Cost of Customization
Photos BaT
This SF90’s features Includes an array of top-tier features, adhering to the customary high cost associated with Ferraris. For example, the Bianco Avus paint finish carries a substantial fee. Additionally, you have the $2,767 option for rear radar, $7,931 for the carbon fiber engine cover, $7,593 for the carbon fiber rear boot trim, and $11,812 for the carbon fiber rear diffuser. Clearly, the initial owner harbored a strong preference for carbon fiber, adding onto their purchase nearly $8,606 worth of underbody panels along with over $15,000 spent on further enhancements.
A look at the window sticker lists $47,585 for 'additional features.' The car's inscription reveals these extras consist of yellow brake calipers, a front-axle lifting system, black exhaust tips, a carbon-fiber front splitter, Scuderia Ferrari emblems, an electrochromic rearview mirror, titanium wheel fasteners, and Apple CarPlay integration.
The inside is exceptionally beautiful. It features carbon fiber race seats upholstered in Rosso Ferrari red leather. You'll also find carbon fiber accents on the steering wheel, paddle shifters, and the gearshift console.
Certain reports indicate that Ferrari is developing a replacement for this model. the SF90 , even though it might be challenging to envision how significantly more power they could incorporate without encroaching upon the territory of the forthcoming F80, Ferrari’s impending top model.
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