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flag Ferrari warns speculative car buying is ending, urging policy change to protect resale values.

flag Ferrari’s Chief Marketing and Commercial Officer Enrico Galliera warns that speculative buying of limited-production models, fueled by pandemic-era inflation, is ending as the market returns to normal depreciation patterns. flag He cautions that a gradual phase-out of Australia’s Luxury Car Tax could undermine resale values and discourage purchases, urging a decisive policy change instead. flag Despite these concerns, Ferrari Australia sold 246 cars in 2024, up from 215 in 2023, reflecting strong demand from knowledgeable collectors.

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