Why 90% of All Ferraris Built Are Still on the Road and What It Means for Owners

In an astonishing reveal, Ferrari, the prestigious Italian automotive manufacturer, has confirmed that over 90% of all Ferraris ever produced are still cruising the streets today. This statistic not only highlights the quality and timelessness of the Ferrari brand but also raises questions about the investment value of luxury automobiles. For car enthusiasts and owners alike, this is more than just a number; it reflects a culture rooted in passion, prestige, and longevity.

Ferrari’s Commitment to Preservation

At an event unveiling the Ferrari Approved certified pre-owned program in Maranello, Andrea Scioletti, head of Ferrari pre-owned, stated that approximately 300,000 Ferraris are actively on the road, attesting to their robust engineering and exceptional after-sales care. This figure, while impressive on its own, becomes even more remarkable when we compare it to other manufacturers. For context, only about 70% of Porsches made are still operational, a testament to Ferrari's commitment to maintaining its vehicles' roadworthiness.

Why So Many Ferraris Are Still Operational

• Quality Craftsmanship: The meticulous engineering and premium materials used in Ferraris contribute significantly to their longevity.
• Investment Value: With their high price points, Ferraris are often viewed as investments that deserve substantial upkeep.
• After-Sales Support: Ferrari has established comprehensive maintenance and restoration programs to ensure its cars are kept in excellent condition.

This concerted effort to maintain its vehicles ensures that fewer owners are forced to retire their cars due to mechanical failures or deterioration.

Programs Designed to Keep Cars Alive

Ferrari isn't leaving the fate of these magnificent machines solely in the hands of their owners. The automaker has introduced an array of programs aimed at extending the life of its models, including a three-year factory warranty and powertrain-specific warranties lasting up to 16 years post-delivery. Their approach reflects a philosophy that resonates with the sentiment that “a Ferrari is forever,” and also involves them in the sales process of these high-end vehicles.

The Ferrari Approved program functions as a certified pre-owned vehicle scheme. It goes above and beyond typical CPO programs by implementing a stringent checklist that ensures both mechanical integrity and aesthetic accuracy. Cars that undergo this rigorous assessment are restored to near-factory specifications, providing peace of mind for both sellers and prospective buyers.

The Ferrari Classiche Program

Beyond basic certifications, Ferrari offers a more exclusive initiative—the Ferrari Classiche program. This elite certification serves as an in-house restoration service that meticulously evaluates and restores vintage Ferraris to their original glory. Here, no stone is left unturned, as every aspect of a vehicle’s provenance is scrutinized by a team of specialists, ensuring that even historical models, such as the legendary 1959 Ferrari 250 GT SWB, are refurbished to their pristine, factory-fresh state.

The Financial Side of Ownership

While all of these programs are fantastic from a preservation standpoint, they do also come at a financial cost. Ferrari has not set fixed pricing for its various services, with costs depending significantly on the condition of the vehicle presented. However, it goes without saying that maintaining or restoring a Ferrari is an investment—one that enthusiasts believe is worthwhile.

This brings to light the undeniable allure of Ferrari not just as an automobile but as an experience—a richly woven tapestry of history, artistry, and, let’s be honest, a bit of wealth display. For enthusiasts and owners, each car tells a story, and with the right care and investment, that story can continue for decades.

The Quick Takeaway

In a world where cars can be seen as disposable, the fact that over 300,000 Ferraris are still on the road offers a glimmer of hope and respect for automotive craftsmanship. Ferraris are designed to last and delight their owners, thanks to both their inherent quality and the brand's dedication to customer support. Whether you’re a lifelong owner or a newcomer hoping to enter this luxurious world, understanding Ferrari's commitment to longevity can genuinely enrich the ownership experience.