Exotic-car collectors continue to shun hybrid Ferraris (Read May's sportscar report) in favor of legacy V8 and V12 petrol-powered models, pushing used-car values sharply higher.
One possible driver is concern over long-term ownership costs: hybrid and fully electric supercars combine complex electronics, high-voltage battery packs, and sophisticated thermal-management systems, creating the risk of astronomical repair bills as these vehicles age.
Goldman Sachs analyst Christian Frenes, the bank's equity analyst covering European automakers including Ferrari, Mercedes-Benz, BMW, Volkswagen, Stellantis, Renault, Aston Martin, and Porsche Automobil Holding, wrote in a Thursday morning note that the Ferrari Residual Value Index climbed 5.8% in August and 13.8% from a year earlier, reaching 102.25.
That pushed the gauge above its January 2025 level for the first time since the bank began systematically tracking used-Ferrari prices.
Under the hood, Frenes said the US led the rally with a 10% monthly gain, driven by both a more valuable mix of cars and higher underlying asking prices. Great Britain advanced 4.6%, although he cautioned that the increase reflected a specials-heavy mix and that comparable prices declined. Italy rose 1.5%, Japan gained 1.3%, and Germany increased 0.9%.
The big story is that since January 2025, used hybrid Ferrari prices have fallen 13.1%, while non-hybrid models have surged 16.4%. The gap widened ag
