Does Fiat still own 50% of Ferrari?
Who Owns Ferrari Today? After restructuring to establish Ferrari N. V. Ferrari Group, FIAT Chrysler Automobiles (FCA) sold 10% of their shares and distributed their remaining 80% of shares among FCA shareholders. Ferrari was and continues to be owned by Piero Ferrari (son of Enzo). Ferrari is co-owned by Dutch holding company Exor, which is majority-owned by the billionaire Agnelli family, and Piero Ferrari. The Italian entrepreneur Enzo Ferrari died in 1988, having founded the car brand in 1939 after leaving Alfa Romeo.
Do Ferraris hold 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. Over the course of three years, the ferrari 488 pista remained the slowest depreciating car, losing just over 5% of its value. It’s clear why so many consider a ferrari a good investment. Those that appreciate do so significantly, while those that depreciate, depreciate slowly.A Ferrari or Lamborghini does not depreciate. If you treat it well, chances are that your car keeps its value, or even increases its value over the years.
What is the maintenance cost for a Ferrari?
The cost of Ferrari maintenance varies depending on your vehicle’s model and model year. The average yearly cost for Ferrari maintenance typically falls between $1,500 and $2,000. Is car insurance for a Ferrari expensive? Our research shows that the average cost of insurance a Ferrari is $5,377 per year. This is well above the national average annual insurance cost of $1,311.