UK now Ferrari's largest European market

Parisien

Parisien

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mowlas said:
Also, it seems Ferrari's attempts at maintaining brand exclusivity seem to be paying off...

http://www.telegraph.co.uk/finance/...become-Ferraris-biggest-market-in-Europe.html

Oddly, China sales seem to be slowing though?
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Aren't they twice the price in China though............surprised at Germany....has 25% bigger and wealthier population......plus as Italians would only buy them due to a huge number of non-taxpayers/dodgers in their population, and doubling of taxes on ownership.....the Italians only bought over a 25% what was sold in the UK market....incredible!!!!!


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Parisien

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Populations combined USA/Canada = 350 millions...sales 1048

UK = 63 millions...sales 415

In other words UK buy pro rata per head of population buys 140% more Ferraris than the N Americans.........making the British the true petrolheads of the world!


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mowlas

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Parisien said:
Populations combined USA/Canada = 350 millions...sales 1048

UK = 63 millions...sales 415

In other words UK buy pro rata per head of population buys 140% more Ferraris than the N Americans.........making the British the true petrolheads of the world!


P
Click to expand...

Yay !

:numberone:
 
Parisien

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Andyk said:
ou would think so but the prices still aren't low enough...
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They used to be for the Oz guys....things reined back in a bit value wise, but its all down to the facist bean counters who discriminate against high end car buyers


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Parisien

Parisien

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.......I wonder what proportion of new supercars go through the company books, or are leased initially, then traded on versus bought outright?

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Felonious Crud

Felonious Crud

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My understanding is that most supercars are bought with some kind of finance. Even footballers with all their loot will often buy with finance because it keeps their money free to invest in things that don't depreciate so rapidly, like, er... like anything else, really. Not sure if that's really the case but I can see the attraction in "only" handing over, say, 20% upfront instead of the full whack.
 
mjheathcote

mjheathcote

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When I had my Lotus in at JCT600 Leeds for a warrantee recall, while waiting in the then Lotus/Ferrari/Maserati showroom I got chatting to what I though was a salesman, but turned out to be the finance manager.
He told me it was very rare for say a Ferrari to be bought in full, so much so that his sole job was sorting out finance for clients!
Again a good friend of mine is in insolvency. The amount of top end performance cars that are 'owned' by people that really have no money at all (well everything on tick) is very common.
 
Andyk

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Not a suprise that...Most with money never pay for a car outright.....Makes sence to finance and the invest......
 
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dem maser

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It makes sense.....i put 10k down and pay £500 p/m over 3 years thats 18k, but if new at 100k and what is it worth in 3 years, £50k??
 
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