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Ferrari raises UK car prices by up to 7% for 2018

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Ferrari will increase the starting prices of all but two of its models with hikes of up to 7% in Britain, forming part of what it calls routine cost updates.

From 1 January, UK dealerships for the Maranello vehicle maker will ask for 7% more on V8 models and four% extra for V12s. The fee increases can even have an effect on customers with cars presently on order that are not because of make manufacturing before that date.

The hikes affect all six of its road cars apart from the V8-engined GTC4 Lusso T, while the brand’s 488 Challenge racing car remains unchanged too. Pricing for the recently revealed Portofino drop-top, successor to the California T, has yet to be confirmed, so that car’s opening figure will also be unaffected.

This means the cheapest car to be impacted is the 488 GTB (above), which uses a mid-mounted 3.9-litre turbocharged V8. It goes up from £183,984 to £196,863. Of the V12s, the lowest cost car to be affected is the GTC4 Lusso (below), which is now priced from £240,402 - up from £231,310.

Ferrari told Autocar that the will increase had been no longer associated with the weak spot of the pound or financial uncertainty, however as a substitute a part of the normal exercise of price updates undertaken by way of nearly all manufacturers.

A spokesman said that the UK wasn’t subject to the latest increase for Europe, which saw prices go up by 5% in 2016. The 2017 cost update is in line with the rest of Europe, so effectively still leaves British prices one step behind those on the continent.

?The UK is likewise the best market Ferrari gives a 4-yr assurance on its motors,? Said the spokesman. ?Everywhere else is 3 years.?

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