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flag Ferrari cut UK car supplies due to tax changes and wealthy buyers' shifting behavior.

flag Ferrari has reduced the number of cars it supplies to the UK, citing shifting market dynamics linked to recent tax changes under Chancellor Rachel Reeves. flag High-net-worth individuals are increasingly concerned about proposed increases in capital gains and wealth taxes, leading some to scale back luxury purchases or relocate to lower-tax countries like Portugal, Spain, and the UAE. flag This trend has contributed to declining residual values for Ferrari models, with the Purosangue dropping 12.2% and the SF90 Stradale falling 6.6% between January and October, making financing and leasing more costly. flag While prices have begun to stabilize, the move reflects broader challenges in the luxury automotive sector amid economic uncertainty and changing trade conditions.

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