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. The average price in October was of AED 86,944. This price hardly went through any changes and remained at AED 85,584 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 133 % from AED 86,264 to AED 200,889. The average price has had spectacular rise of 84 % with an average price of AED 143,576.5 during the previous 4 months and AED 264,608 during the most recent months in February and March.
The average price for Ferrari has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2017 to 2020, the average price was AED 238,900. Please take note of of the significant depreciation in the prices between 2017 (AED 390,000) and 2020 (AED 53,500). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -74 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 41 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (AED 104,118.25) and the the last two years that have been analyzed (2023, 2024) with a price of AED 147,125.