Is the $1.4M LaFerrari sold out?

Mon, 09 Dec 2013

If you look at the stratospheric sticker prices on the latest generation of hypercars and wonder how an automaker could possibly justify it, bear in mind a few factoids. For one thing, even when the sticker prices start lower, they quickly balloon past the million-dollar mark. For another, automakers charge that much because they can, and don't seem to have much trouble selling them all.

Case in point: the new LaFerrari. While presenting the state-of-the-art supercar on CNBC, Ferrari North America CEO Marco Mattiacci revealed that all 499 examples that will be made of the hybrid hypercar – including those 120 earmarked for North America – have already been spoken for. This despite the $1.4 million asking price that makes it the most expensive Ferrari ever made.

Or the most expensive new Ferrari, we should say, because prices for the most collectable machines ever to roll out the gates at Maranello continue to rise. Figure you'll save a little and get LaFerrari's predecessor? Trading hands these days at prices approaching $2 million (around three times its original $660k MSRP), the Enzo is even more expensive. And that's just the scarlet tip of the iceberg.

A classic 250 LM recently sold at auction for $14 million, a 275 GTB/4 NART Spyder for $27.5 million and the most recent 250 GTO to have changed hands sold for a reputed $52 million. Heck, even a wrecked Dino 308 GT4 sold for a quarter million, which suddenly makes LaFerrari seem like a bargain. Shame they're all spoken for...

By Noah Joseph