Whoopsy:

And I tend to believe Ferrari overestimate the market and the price for the LaFerrari, had that car been priced at 800-900k, it would have been a major success, but Ferrari got greedy and priced in the 2nd hand 'flip' price, so time will tell if their strategy is correct or not.

Might as well. No reason to let people flip your car for a profit that you could just earn yourself initially. I think it's priced at a good spot to remove the speculators and maximize profit. Believe it or not, trying to flip a $1.3M limited Ferrari is not risk free. Depending on where you live, you could end up paying $60-100K in sales tax on top of the price. So all in you're looking at $1.4M and you need to profit still.

Whether it's a limited Ferrari or not, the market for $1.6M cars is absolutely tiny and most of the people who would buy such a car could have probably gotten one in the first place.

And then there is the thought of who has $1.4M laying around who is interested in flipping cars?