A Used Ferrari for Sale Can Appreciate

High school Finance teachers use the same depreciation example to students everywhere: the moment a car is driven off the lot, it’s worth thousands less. For almost any vehicle, that statement is true. Most cars gradually become less and less valuable, but with luxury brands, a used Ferrari for sale can be worth more than a current, brand new model. While the cars of other brands lose value every day they’re on the road, Ferrari remains the only manufacturer to continually defy this trend.

Until the housing market crash, everyone thought a home was a surefire investment: its value could only go up. No one has ever said that about cars, even though there’s always been a used Ferrari for sale that carries an unbelievable price tag. The reason for this investment secret is simple: few people have a spare $255K to spend on a car. Those who do, though, know their love of cars can be more than a hobby—purchasing a Ferrari can be a wise economic move.

Like any investment, planning to make money on a used Ferrari for sale poses some risk. Not all Ferraris appreciate in value, so people interested in the investment should be aware of a few general factors that lead to success. Transmissions should always, always, be manual, and 2+2 four-seaters and hard top models tend to fair worse in the resale market. Keeping the annual mileage low is also key—as is timing the resale, which should never be longer than after four model years. If you can find (and afford) a Ferrari exotic, they’re as close to an investment guarantee as you can get: being so rare, some have jumped over 50% in value in just two years. It’s a game, and can be as risky as most speculations, but Ferraris are some of the few cars that actually can be an investment.