SELL YOUR USED FERRARI CAR!

SELL YOUR USED FERRARI CAR!

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SELL USED FERRARI CARS IN INDIA

Ferrari is an Italian super sports car manufacturer based in Maranello. The top runner in the luxury sports cars, Ferrari was rated the world's most powerful brand by Brand Finance in 2012. In May 2012, 1962 250 GTO Ferrari happened to be the most expensive car sold in the history of automotive at that point of time, selling at a whopping price of US$38.1 million to American communications magnate Craig McCaw.

 

Right from its beginning, the company has been noted for its continued participation in racing. Ferrari can be most prominently remembered by its mark in the Formula One racing where it holds the most constructors’ championships record along with producing the highest number of drivers' championship wins. Usually, Ferrari cars are seen as a symbol of speed, luxury and wealth on the road, even if it’s a second hand Ferrari in India. 

Quick facts about Ferrari - 

  • Ferraris are costly and it’s not a big surprise. The most expensive Ferrari which broke the record of 1962 250 GTO was the 1963 Ferrari GTO for $70 million.
  • Even if it is a small thing but the cheapest component in a Ferrari car is a 3 c washer, which costs in lakhs.
  • 70% of the Ferraris sold are red in color. Of course, Ferrari has a huge palette of colors but red tops the list.
  • Ferrari is more than just a manufacturing company. It sells about $1.5 billion of merchandise at all its retail outlets worldwide. Operating worldwide in more than 30 countries, Ferrari’s merchandise made up with the company logo includes clothing, watches, sunglasses, shoes, mobile phone covers, and, of course, scale models of the cars are a big hit in the market. 
  • The Ferrari Logo is inspired by a World War I Flying Ace Francesco Baracca, who died in action in 1918 during the war.

Resale value - Ferrari 

Usually, the resale value of a used Ferrari is approximately 50% to 70% of its original selling price, but of course, it depends on the model and market and its appearance.

 

So, usually towards the life-cycle end of one model, the resale value drops a little bit. Pre-owned Ferrari that has markets in the Far East have more than 100% resale value - that means the Ferrari car second hand is more expensive than the new one. Strange, isn’t it?

 

Ferrari’s high resale value for cars is one of the reasons behind the brand’s success. Since Ferrari does not believe in producing cars in stock they do not allow the resale value to drop. Ferrari knows how to protect the speed and the volume of the cars in the market and hence they have good control over the market of super sports cars - just another reason for them to never drop the market value.

 

Ferrari believes that when a certain customer buys a Ferrari, he knows he has good value over time. So, Ferrari knows how to make sure the customer has a car in his hand which he can be confident of selling again a couple of years later and can get a good price out of the used Ferrari cars in India and overseas.

Current Ferrari Cars in India - Listing of Ferrari cars

The price of a Ferrari car is Rs. 3.50 crore for the cheapest car Portofino and can excel up to Rs. 5.20 crore for the top model Ferrari 812 Superfast and so on. They offer 5 car models in India currently.  812 Superfast (Rs. 5.20 crore), Also an exclusive Portofino for (Rs. 3.50 crore) and GTC4Lusso (Rs. 4.20 crore) are the popular cars from Ferrari.

  • Ferrari Portofino
  • Ferrari GTC4 Lusso
  • Ferrari California
  • Ferrari 812
  • Ferrari 488

History – Ferrari Cars

The Ferrari was founded by Enzo Ferrari in 1939 out of Alfa Romeo's race division as Auto Avio Costruzioni and so the company built its first car in 1940. In 1940, Ferrari produced a race car – the Tipo 815, based on a Fiat platform as they had a strategic collab then. It was the first Ferrari car and debuted at the 1940 Mille Miglia, but due to World War II it saw little popularity and failed to win. In 1943, the Ferrari unit factory moved to Maranello, where it has continued till now. In 1969, Fiat took a 50% stake in Ferrari on 29 October 2014. Ferrari has been ruling the super sports car companies with other notable player being its Italian mate Lamborghini. 

Ferrari Cars - What makes it unique?

If there is one thing the Ferrari name is associated with is speed; and over the course of the past 70 years, Ferrari, the Italian marque has managed to keep it that way. The reason that Ferrari’s reputation has not changed even a bit is also that its origins were in car racing. Even though Ferrari’s cars are fantastic examples of supercars but what also makes Ferrari special are its loyal customers. When a customer buys a Ferrari, they know they are never going to stop using one. Due to its impeccable resale value, people sell used Ferrari else they would keep it with them till their last breath.

 

Even when people buy a pre-owned Ferrari, it is with the same will and trust towards the brand that the customers show.  From being one of the fastest car brands on the road, Ferrari has gradually become a universal symbol of luxury and pace.

Sell Used Ferrari Cars In India

CARS24 strives to help you sell off your used Ferrari in India at the best price. The free online valuator for used Ferrari car price in India will help you have the best price for your car. 

 

CARS24 has more than 50 branches across India and it is the best knock you will give for selling off your second hand Ferrari.

 

Once as a customer you agree upon the price, you are instantly paid for your used car. At CARS24, we believe in a simple, straightforward buying process and thus, it becomes easy for you to sell used Ferrari with us. You get the best Ferrari second-hand price in India only through CARS24! Get in touch with us now!

 

You can choose to get the best price for your used car and save yourself from all the hassles. Walk in with your used Ferrari and walk out with the cash in your bank account!

Sell Your Used Ferrari Car In 3 Simple Steps!

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Once you accept our best price, we will transfer money instantly and take care of RC transfer for free!

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Customers Love Us

  • Customer selling his Fiat Grand Punto at Cars24 branch

    CARS24, in my experinece, is the most convenient way of selling used cars. You go to their branch, sell your car and get paid - as simple as that. They even took the responsibility of transferring the ownership. What more do you need?

    Fiat Grand Punto - Mrs. Thapa

  • Customer selling his Tata Manza at Cars24 branch

    Inka jawaab nahi! CARS24 bought my car at a great price. Big thanks to people at the Golf Course branch, and CARS24 for helping me sell my car. These guys are the best at what they do.

    Tata Manza - Mr. Arun

  • Customer selling his Hyundai Eon at Cars24 branch

    Selling your car is a very tedious process but with CARS24 it is the exact opposite. I sold my car the same day I visited their branch, got paid immediately and they got the ownership transferred themselves. Super job team CARS24!

    Hyundai Eon - Vijay Chawla

  • Customer selling his Hyundai i20 at Cars24 branch

    I didn't know selling a car could be this easy! It's hassle free and faster than any other expected. Thank you for an awesome experience at CARS24.

    Hyundai I20 - Pradeep Pattanath

Still Confused? Take the Right Decision

Exchange offer. A bad idea!

Well, let us burst this bubble. This will never happen. Do you know what actually happens in an Exchange offer? Let us explain it to you.

There is a negotiation on the value of your used car. The sales executive will smartly offer you a higher price than what CARS24 is offering for your used car. This is the salesman’s way of gaining your trust by making you believe you got an amazing deal for your used car. This is a trap! What the salesman has done is that while negotiating a deal for the new car, he will give you significantly less discount than what he could have actually offered. Why don’t you test it out yourself?

Go to a new car dealership to buy a car. Separately, send a friend/family member to buy a new car in exchange of their used car. You would learn that the extra money offered for your used car would mean a smaller discount on your new car. Who will bear the loss for this? Definitely you!

Instead, get the best price for your used car on CARS24 and negotiate hard when you purchase a new car.

Selling on classified websites? Don't

First, let us tell you how CARS24 gets you the best price: we have long term, volume contracts with OEMs, corporates, leasing companies, car rental companies, etc who want your car to grow their business. That is how we get you the best price for your car.

So you don't need to look anywhere else. However let's still address your other options. Classified websites are likely to show much higher prices for your car. Honestly, they are arbitrary - almost 50% - 200% higher than the real value! We don't know why they are so poor with their 'price calculators' but trust us, you will know that as soon as you start the process of meeting buyers for your car.

Got a good deal? Check ours.

You could go ahead and sell your car directly to a consumer but do you know it could take months before you actually complete the transaction? Do you have months to spare & time to meet hundreds of individual buyers to find that one perfect buyer for your used car?

By waiting longer you lose more than you gain as your car value depreciates every day you wait. Moreover, transferring the ownership & shifting the liability of your used car over to the new customer could be a very tedious job.
Once you’ve handed over the keys to the new owner of the car, how long will you chase him for the transfer of ownership documents? Obviously you wouldn’t want your used car to land in the wrong hands and this liability is yours.

At CARS24, we guarantee a transparent process where we will get you the best price for your used car, as well as take care of all paperwork, including the transfer of ownership too! The best part being that from the moment you hand over the keys to us, we take full ownership & all liability of the car lies with us!

Found an end buyer? Wait!

When you are planning to buy a new car, waiting longer can help in getting you a better price for it. But this is the exact opposite, when you are trying to sell your existing car.

Even if your existing car has done 0km & maintained impeccably, it’s still losing value every day. Moreover, there are few events like Mega discounts on new cars, Year change, New model launch, that further drop the value of your current car.

Hypothetically, if Honda City announces a new facelift, the existing design might reduce value by 20%. This is fairly common in the car industry. Similarly with year change, you lose 10-20% value. So if you have made up your mind to sell your car, every minute you delay you are losing real cash. Now, go ahead and sell your car to CARS24 and get the best price possible in the market!

Find Our Nearest Branch to Sell Your Used Ferrari Cars