Cars today are depreciating faster than ever. What's gone wrong & could Ferrari's F80 be next?

Big depreciation is always painful for owners and it's got a lot worse recently. Why is it happening and could even the new Ferrari F80 hypercar fall in value too?
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[stuartmellor-]

Forget 0-60 times, the new metric is how fast can you turn off all the driver assist bullshit.

[matthewgodwin]

For the first time in my life, I've completely lost interest in new cars. There isn't a single car on sale today that I'd want. They're all too big, they're too complicated, with too much silly tech, and they're all far too expensive to own. Nowadays when I'm buying a car, I tend to choose from the 1980s catalogue. For me, that's the sweet spot.

[cesarers]

Lowest point in auto industry of not caring about customers is "everything touch-screen", "bits of piano-black here and there", "annoying beeps for everything" and "fake exhausts".

[Chriskreepa]

Tech runs out of date, phones, TVs, batteries, headphones…. Everything. Cars used to be just mechanical engineering, and that’s what makes them evergreen. Digital watches will never overtake analogue. Great video as ever Harry

[mooniemoon]

I think we passed peak car around 2010 - 2015.
There's so much power that can't really be used that is also driving up the price.
It's a bit like having a stadium sound system at home. You might crank it up for a few seconds to impress your mates, but the rest of the time you don't turn the dial above 1

[sampayne]

Not wanting to buy a new car is becoming a big theme amongst petrolheads

[ysmf]

The EU car industry is sinking under EU legislation. We the customer do not want this crap! Get rid of it or get lost. Have some balls to stand up to the morons in Brussels and provide what the customer wants. If you keep down this path, and electrification you'll be soon out of business. I can't believe Porsche is going electric with the sportiest cars, being Cayman, Boxster and Macan. Good luck with that, the Taycan is a great example of what;s going to happen with the trio, they will all depreciate like a brick in the sea.

[mstreich]

The tech that is available in $30k cars is not making Lamborghinis cost $700k.

[Lawyerboyleslie]

That new Ferrari looks exactly like it was designed to be a full size Lego Technic model.

[roberttibornagy]

I so agree. Glowing radiator grilles, crystal in the lights, like a Christmas tree drawn by a kindergartener, full of useless things, 2-3 or more screens, a Lotus weighing 3 tons (a Lotus, get it!?!) only Gordon Murray designs a decent car, but a mortal one can't buy it because of the price. I totally agree! The funny thing is that I'm a modern tech guy, I work in IT, I use the latest technology, but I'm a car enthusiast and no, I don't need 3-ton cars stuffed with unnecessary things. Simplify and add lightness!

[LTCTTM]

I recently purchased a 2016 v12 vantage s. Not the quickest, or most refined, but the theatre is mesmerising. Every drive is an occasion, even when I'm not going fast. Didn't feel this way with the newer cars I test drove.

[robbikebob]

My brand new royal enfield cost £3500. It doesn't have traction control. Doesn't have an electronic dash. It's an air cooled single cylinder. And I absolutely love it. It makes me grin from ear to ear and I could bin it and buy a new one every year and not loose as much money as buying the average, new small car.

[JayEmmOnCars]

@15:30 thanks for the mention Mr M! As it happens I also had my Evora for 2 1/2 years and did 25, 000 miles - and lost half what you did on your Emira

[kristoffscuba]

Whats the point of owning a performance car now? Uk roads look like the surface of the moon. Speed cameras everywhere. Traffic jams everywhere. Run of the mill(ish) golf r’s or any half decent ev are in the 4’s to 60mph, so the days of booting it off the line in your lotus esprit and leaving 99.9% of other road users in the dust are long gone. The buzz is gone.

Performance cars now are pointless.

[stevevlahos]

Cars are too expensive and wages are stagnant. Car companies thought they could charge $100k for EV’s and people would buy them.

[anmihovil]

Harry nails it with every sentence he says. Car manufacturers thought that high technology would attract younger generations, but younger generations are generally not able to earn that kind of money. And so, car manufacturers managed to produce only computer applications on four wheels that have a shelf life as an integral part. That's so sad and stupid at the same time.

[kirk]

iPad Pro - $1200. iPad Pro with four wheels - $2, 000, 000. The feel of driving a base 993 Carrera - priceless.

[mattteee]

I work in automotive R&D. When I had the 2024 safety regs explained to me I was in disbelief, then over the last couple of years every one of my friends that I mentioned them to thought I was making it all up!
I'm convinced that they'll go down in history as a case study on the dangers of unchallenged committees and legislators. They're bringing a globe-spanning industry to its knees, with millions of jobs at stake.

[Hyzerflp]

I swear every single direction I look things are getting worse.

[Andy-yhcg]

As an A110 and 987 owner, I don’t understand the need for massive power and complicated drive train cars. The 987 Cayman was £11k, five years ago with reasonable mileage and good history. Best money I ever spent.