Goldman's Ferrari Residual Value Index shows that used Ferrari listing prices remained under pressure in April, down 3.4% year over year. However, analysts noted signs of "stabilization and partial improvements" after a weak second half of 2025.
One notable takeaway from analyst Christian Frenes: Ferrari hybrids are depreciating far faster than their petrol-powered counterparts, suggesting buyers still prefer V-8s and V-12s combustion-engine models. In other words, the used market is sending a very clear signal to Ferrari that its wealthy customer base is not sold on the hybrid era.
The chart below shows a clear divide in the Ferrari market: older,combustion models are holding their value much better than newer hybrid models.
The biggest winners versus the original retail price are:
Ferrari Roma Spider:up about14.3%
The laggards are mostly newer hybrid or less-favored models:
Ferrari Portofino:down about11.2%
The next chart shows that values deteriorated across most model lines over the past year, even for models still trading at a premium to retail. The best-performing cars, like the 812 GTS and F8 Spider, have come off their highs but remain well above their original sticker prices. Meanwhile, hybrid models such as the 296 GTB/GTS and SF90 Stradale have slipped below their original retail prices.
The big takeaway from Goldman is that Ferrari's used-car market is stabilizing, but wealthy customers still prefer V8 and V12 combustion models and continue to shun new hybrids.
Source: ZeroHedge News
