Nearly New Ferrari SF90 Spider Sells for $125K Loss After Just 185 Miles

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Nearly New Ferrari SF90 Spider Sells for $125K Loss After Just 185 Miles
Nearly New Ferrari SF90 Spider Sells for $125K Loss After Just 185 Miles

A 2024 Ferrari SF90 Spider, equipped with the high-performance Assetto Fiorano package, has been sold at a staggering $125,000 loss despite having just 185 miles on the clock—highlighting the stark contrast between Ferrari’s current hybrid flagship and its revered hypercar predecessors.

Originally priced at approximately $625,000 when new, the nearly untouched SF90 Spider sold for just under $500,000, reflecting a jaw-dropping depreciation of more than $400 per mile driven. The Assetto Fiorano upgrade alone adds over $56,000 to the base price and includes carbon-fiber trim, titanium springs, and Multimatic dampers tuned for track performance. Yet even that wasn’t enough to hold the car’s value.

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The SF90 Spider combines a 4.0-liter twin-turbo V8 with three electric motors to deliver a total output of 986 horsepower and all-wheel drive. It’s capable of sprinting from 0 to 60 mph in just 2.5 seconds, making it one of the fastest production Ferraris ever built.

Despite the performance figures, the SF90’s trajectory differs sharply from that of the LaFerrari, McLaren P1, and Porsche 918 Spyder—hybrid hypercars that have appreciated in value since their respective launches in the mid-2010s. The LaFerrari, in particular, remains a collector’s darling, routinely trading for more than double its original MSRP.

Market watchers suggest that a combination of high production numbers, rapid technological advancements, and a softening exotic car market may be contributing to the SF90’s rapid decline in resale value.

Ferrari has not commented on recent resale trends, but this sale underscores the volatility of the high-end hybrid supercar segment. For now, the SF90 stands as a cautionary tale: even a near-new Ferrari with headline-grabbing specs isn't immune to the depreciation curve.

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