Marchionne did not reveal any details on the Ferrari EV, but Maranello will have to aim high. Last summer, Elon Musk announced a new Tesla Roadster for 2020. He also promised it would be the fastest production car in the world
A week of auctions in Scottsdale, Arizona tallied $230+ million for more than 2,600 cars covering the entire automotive spectrum. The top 10 sales accounted for nearly $36.3m. Four of the top 10 sales were Ferraris.
Toyota made just 500 of its Lexus LFA supercar. If you missed your chance to get one new, the Gooding & Company Scottsdale auction is offering #498, with just 60 miles delivery miles.
Auto Finance News reports on overall demand and average price for luxury and exotic vehicles have continued to increase since 2012. Over that five-year period, Ferraris, Porsches, McLarens, Aston Martins, and Lamborghinis have continued as the most popular exotic marques.
At its Scottsdale auction, Bonham’s is offering an outstanding example of the breed. A 1972 model, this Daytona Spider was fully restored in the 1990s. An award winner at multiple events, the Daytona is also Classiche certified by Ferrari. The pre-sale estimate is $2.4-$2.8m.
Mitch Katz Talks Residual Values on Money Radio with Ken Morgan and Mark Asher in Scottsdale, in advance of all the events in Scottsdale, AZ this winter.
Porsche enthusiasts seek out the ultra-rare 1987-1989 models with the factory Flachbau (“Flat Nose)” option, which gave the car the look of the marque’s 1970s 935 racecar.
The Ferrari 550 Barchetta Pininfarina provides a more accessible version, one that bears watching for rising values. At its January 2018 Scottsdale sale, RM Sotheby’s will offer a 2001 example (Lot #266) showing just 9,500 miles, with a pre-sale estimate of $475,000-$525,000.
A headline last month was a shocker to some Ferraristi: “Ferrari Wants ‘Utility Vehicle’ in a Plan to Double Profit.” Will a Ferrari SUV grace us with its presence?
