Then there are research and development expenses that go into creating a powertrain, engine and other parts of a car, driving tests on the road, crash and safety tests, emissions and government certification. There are factory and workforce expenses. All this can easily cost hundreds of millions of dollars. With mass-market cars, historic lengths of manufacturing and economies of scale come into play. For example, Toyota Corolla has been selling on the market since Oftentimes changes from one generation of mass-market cars to the next are very small, which also means inexpensive.
This doesn't happen when Ferrari goes from, say, F40 to F Speaking of volume numbers, over 40 million Corollas have been sold worldwide since the car was introduced to the market. Compare this number to the numbers of sold Ferraris: Ferrari F40 Production started: Production ended: Total production: 1, Ferrari tb Production started: Production ended: Total production: 2, Ferrari Spider Production started: Production ended: Total production: 7, As you can see, units of Ferrari Spider don't get anywhere close to 40 million of Corollas, while the development costs can be much higher.
With limited edition Ferraris the numbers are even smaller! For example, the Ferrari F50 was introduced in to celebrate the brand's 50thanniversary and the number of cars produced was only Higher Cost of Materials and Manual Labor Almost every component in a Ferrari, from its suspension system to the gear knob, is significantly different from a similar component in a mass-market car. Exotic interior leather, low-profile tires and carbon fiber parts cost a lot of money.
In , the Ferrari Sport Scaglietti was the most expensive car ever sold at auction , and is one of only four models produced. The limited nature of the Ferrari only drove part of the demand; after being driven by Peter Collins, Maurice Trintignant, and Wolfgang von Trips, the Scaglietti moved into retirement and was held by a single owner for 40 years.
Positions 4 and 3 on the list of the most expensive Ferraris ever sold are both Ferrari GTO. Between , less than 40 Ferrari GTOs were produced, and buyers were required to be personally approved by Enzo Ferrari. As you can imagine, a limited production Ferrari from the 60s is going to earn quite a bit of attention, receiving a slew of modern accolades, including:.
Believe it or not, the Ferrari GTO models regularly sold for four figures in the 60s and 70s until the classic car boom of the 80s and 90s, where this iconic racer became a definitive Ferrari in the eyes of collectors and fans.
With the 4 most expensive Ferraris ever sold all being the same model, even the smallest of differences can lead to massive shifts in value. Keeping a Ferrari in top condition is one of the surest ways to drive up its value — but if you can win a Tour de France in it, all the better. From Yahoo Finance to Carlogos, Ferrari claims a handful of spots in nearly every list of the rarest cars in the world. Let us know , and we can keep an eye out for it or help you bring it home.
The Ferrari GTB is already making waves and dividing past and future with the first degree V in a Ferrari production car. Both are incredible machines, but in general, Ferrari is faster top speed , more luxurious, and more expensive.
Having said that, Porsche is more reliable, practical, and lower maintenance costs. Ferraris are not low quality cars by any objective standard. Making that kind of power means that the powertrain is under enormous stress, and even the best engineered parts wear down. First comes the flat plane crankshaft.
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