Is a Ferrari car a good investment?
Value retention many vehicles tend to experience depreciation over time — but when it comes to ferraris, the opposite is often true. Ferrari vehicles tend to hold their value over time, and often even appreciate in value. As compared to other exotic car brands, ferraris tend to hold their value well. Studies have shown that many ferrari models depreciate at a slower rate than other exotic cars of the same caliber. While some depreciation is expected in the first decade, most models stop depreciating after about 10 years.How much does a ferrari depreciate over time? Generally speaking, ferraris depreciate 20% to 30% over their first year. From there, depreciation typically slows to 10% to 15% yearly, eventually leveling off over time. But this isn’t true for all ferrari models.Over the course of three years, the Ferrari 488 Pista remained the slowest depreciating car, losing just over 5% of its value.The price of the 2020 Ferrari 488 Pista starts at $330,000 and goes up to $350,000 depending on the trim and options.