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Carcraft - La Ferrari hits used car market

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Information about Carcraft - La Ferrari hits used car market
Automotive

Published on March 6, 2014

Author: carcraftuk

Source: slideshare.net

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LaFerrari, the latest exclusive offering from Ferrari, has already hit the used car market despite attempts by Chairman Luca di Montezemolo to screen potential buyers.
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Carcraft / LaFerrari Hits Used Car Market LaFerrari, the latest exclusive offering from Ferrari, has already hit the used car market despite attempts by Chairman Luca di Montezemolo to screen potential buyers. The secondhand model has been listed on the Munich-based SEMCO website with a price tag almost double the asking price for the new model. According to World Car Fans, the official value of LaFerrari is 1.3 million euros. THE SEMCO-listed model has just 200km on the clock and is priced at 2.38 million euros with taxes. The demand for LaFerrari perhaps justifies this price as there will only ever be 499 made and Ferrari special models have shown a tendency to rise over time. The rarity of the model coupled with the likelihood of its increasing in value make it a desirable investment. Not only is LaFerrari pretty rare; it is also one of the fastest cars ever built according to the official figures released from Ferrari. LaFerrari, it is claimed, can get from 0-60mph in under three seconds, has a top speed of 217mph. The dual-engine hybrid contains both a 6.3 litre V-12 with a HY-KERS hybrid set-up capable of producing 950bhp. The price tag for the used model has one of the highest premiums ever seen, according to Motoringauthority.com, who also believe that the SEMCO listing is likely to achieve the 2.28 million euros being asked. While there are few used cars which increase in value, the benefits of purchasing used lie in the slower rate of depreciation. For the general car market, an average rate of depreciation is 40% in the first year and a further 20% over the second year. Buying a car which is over two years old helps to reduce the hit of depreciation and therefore purchase a vehicle which is more likely to hold a larger proportion of its value. Carcraft is the UK’s leading quality used car supermarket, with thousands of used and nearly new vehicles for sale across eleven national showrooms. Each vehicle from Carcraft comes with a ‘Drive Happy’ guarantee, which includes the first year’s servicing and MOT plus twelve months of RAC roadside assistance. Each car undergoes a comprehensive 120-point safety check prior to delivery and is fully HPI checked for additional peace of mind. While Carcraft vehicles may not have a top speed of over 200 mph, they do guarantee a quality vehicle at a reasonable price each and every time.

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