California Dealer Rejects $348,000 Offer for 2025 Ferrari 296 GTS

California Dealer Rejects $348,000 Offer for 2025 Ferrari 296 GTS

A California dealership has notably declined a $348,000 offer for a 2025 Ferrari 296 GTS. This decision has surprised many, especially considering the car’s market performance and the original price tag.

2025 Ferrari 296 GTS Overview

The 2025 Ferrari 296 GTS is a remarkable entry in the supercar segment. Officially recognized for its powerful V6 engine, it combines performance with stylish design.

  • Model Year: 2025
  • Engine: 3.0-liter, twin-turbocharged V6 paired with an electric motor
  • Total Power: 818 horsepower
  • Transmission: Eight-speed dual-clutch automatic

Initial Pricing and Features

Initially sold for $452,476, this specific model features a striking Rosso Corsa exterior and a luxurious Nero leather interior. It boasts approximately $80,000 in additional options, enhancing its appeal.

Auction Details

Recently, the 2025 Ferrari 296 GTS was offered at auction but did not meet the seller’s expectations. Despite reaching a high bid of $348,000, the dealership declined to finalize the sale.

  • Highest Bid: $348,000
  • Original MSRP: $452,476
  • Odometer Reading: Under 700 miles

Market Trends for Ferrari 296

The Ferrari 296 series has been facing challenges in maintaining value. Many units listed for auction have struggled to find buyers, making this refusal to sell a notable event in the automotive market.

Ultimately, this situation highlights the complexities of luxury car sales. With a blend of exceptional engineering and shifting market dynamics, the fate of high-end supercars remains uncertain.