Selling any preowned car is a challenge, but selling a Ferrari? That’s the Super Bowl of sales. Ferraris are their own species. They were born to be fast, with a heartbreakingly beautiful design that marries art and engineering. If you want to know what to do before selling your Ferrari , take a look at our guidelines below.

Typical Resale Value

When it comes to Ferraris, there really is no typical resale value. Ferraris are so rare that the sky’s the limit when it comes to legendary models with a backstory. For instance, a 1958 250 GT LWB California Spider with a racetrack record recently sold for just under $10 million, so your instinct may be to hold out for a huge payday. Unless you’ve got a vintage Spider, though, you’re doing yourself a disservice. The pool of serious buyers is so small that setting an unreasonable price could discourage all of them.

When you’re talking about hundreds of thousands of dollars, fluctuations either way can be substantial. Something as random as the “wrong” paint color might rule out the few interested parties who can afford your vehicle. You do have to come up with a number, though, so consult the Ferrari Market Letter for comparable listings. Be conservative with your price, and make sure you’ve got some room to negotiate down and still walk away happy.

The Photo Shoot

When you’re getting ready to sell your Ferrari , marketing is everything. A Ferrari is a masterpiece, but even an oil painting won’t do it justice. Take eight to ten photos of your beauty, with optimal lighting and color, including:

• A front three-quarter shot
• A low front shot
• A view of the driver seat condition
• A picture of the dashboard
• A low-angle flash shot of the undercarriage

Finding a Buyer

Even knowing what to do before selling your Ferrari won’t guarantee you’ll find a serious buyer. Not only are they as rare as your car, but they’re extremely picky as well. They likely already have a picture in their heads of their dream car, and if your vehicle doesn’t fit the bill, you’re out of luck. You can hold your breath and list your car on Craigslist, Cars.com, or eBay, but you may not find a buyer for a long time. Even small classified ads on more targeted high-end websites can cost hundreds of dollars.

When you finally get a bite, negotiations can go back and forth for months, often without any ultimate success. Then you have to start all over again. That’s why so many exotic car owners prefer to sell to specialists such as Nahas Motorcars. We have cash at the ready, and it’s our business to make quick decisions. We know what your car is worth and can give you a fair price without playing any games. We’ll fly to you for the inspection and can finalize the deal on the same day. If your time is money, save yourself a lot of stress, and contact us for a quote when you’re ready to sell.