- Depreciation hits luxury cars hard, and the Ferrari SF90 is no exception to this trend.
- Despite its high price, the SF90 lost significant value after only 185 miles driven.
- Customization options like carbon fiber and premium tech raised its MSRP significantly.
We’re no strangers to watching luxurious and sometimes exotic vehicles lose value as they fall victim to the brutal reality of depreciation. But this Ferrari SF90 auction has us scratching our heads, considering just how much it shed after barely any time on the road.
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The Ferrari SF90, for those who haven’t been paying attention, was a landmark in the supercar world, pushing performance to levels previously reserved for hypercars like the LaFerrari, only with a somewhat more accessible price tag. LaFerrari debuted in 2013, just six years before the SF90 arrived, and Ferrari used that time to push the boundaries even further. But, like all supercars not named “LaFerrari,” the SF90 isn’t immune to the harsh reality of depreciation.
Read: Someone’s Already Flipping Their 1 of 599 Ferrari SF90 XX Spider With Just 62 Miles
While Ferrari has wrapped up production of the SF90 Stradale and Spider, it’s still building the even more extreme SF90 XX. But even the “standard” SF90, an absolute monster of a car, is comfortable enough to daily drive, assuming you’re the type to use a car with this much power in regular traffic.
The original owner of this particular SF90 paid a cool $704,250 for it, plus an additional $15,000 to install satin paint protection film. After only 185 miles (298 km) on the clock, it was sold on Bring a Trailer for $579,000. That’s an eye-watering loss of $125,000, or $140,000 if you factor in the PPF, for a car that’s barely broken in. Do the math and it comes out to $675-$757 per mile!
The Cost of Customization
Photos BaT
This SF90’s features include a host of premium options, which, in typical Ferrari fashion, are almost as expensive as the car itself. The Bianco Avus paint job, for instance, comes with a hefty price tag. Then, there’s the $2,767 rear radar, $7,931 carbon fiber engine cover, $7,593 carbon fiber rear boot trim, and $11,812 carbon fiber rear diffuser. The original buyer clearly had a passion for carbon fiber, spending another $8,606 for underdoor covers and more than $15,000 on additional parts.
A look at the window sticker shows $47,585 worth of ‘other options.’ A plaque in the supercar shows these include yellow brake calipers, a front-axle lift system, black tailpipe tips, carbon fiber front spoiler, Scuderia Ferrari shields, an electrochromic rear-view mirror, titanium wheel stud bolts, and Apple CarPlay.
The interior is particularly gorgeous. It includes carbon fiber racing seats clad in Rosso Ferrari red leather. Carbon fiber is also found on the steering wheel, paddle shifters, and the transmission tunnel.
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Some sources suggest Ferrari is working on a successor to the SF90, though it would be hard to imagine how much more performance they could add without stepping on the toes of the upcoming F80, Ferrari’s next flagship.
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#Depreciation #Barely #Driven #Ferrari #SF90 #Insane
