Ferrari Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Ferrari cars have gone through a strong rise during the last 6 months. In September the price for a car is AED 80,730 increasing till AED 86,944 in October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 23 % from AED 83,837 to AED 103,369. The average price has had spectacular rise of 226 % with an average price of AED 93,603 during the previous 4 months and AED 305,322 during the most recent months in January and February.
The average price for Ferrari has gone down in recent years. During the first sample analyzed, going from 2013 to 2018, the average price was AED 414,055.66. Please take note of of the significant depreciation in the prices between 2013 (AED 424,667) and 2018 (AED 50,500). During the next two years (2020, 2021), the average price went up 14 % moving from !PRECIO1! to AED 471,375, During the last two years, the car industry has had a strong deflation in its selling prices of -36 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (AED 347,743.75) and the the last two years (2022, 2023) with a price of AED 224,112.5.