Ferrari prices up 1 mln-1.5 mln yuan for tax rise

Shanghai, August 25 (Gasgoo.com) All models of Italian sports carmaker Ferrari have been admired and desired by China's auto fans for this premium brand's F1 glory and its superb performance. But the country will begin to levy higher tax on big-engine vehicles next month and this is pushing up the prices of Ferrari cars for sale in the Chinese market.

According to some Ferrari dealerships, all the Ferrari models will have their prices scaled up by 1 million yuan ($147,000) to 1.5 million yuan when the Chinese government raises sales tax on high-emission vehicles as of September 1. The price of Ferrari F430 will grow from the current 3.1 million yuan to 4.1 million yuan, Ferrari 559 GTB from 4.35 million yuan to 5.7 million yuan, and Ferrari 612 Scaglietti from 4.9 million yuan to 6.4 million yuan.

The Ferrari dealers also said that it will take about nine months to deliver a Ferrari car to customers after they have ordered it. The price rise will indirectly make the production and transportation of the luxury sports Ferrari models last longer. Therefore, Ferrari will be a test of your spending power and "waiting power."