Key highlights
- Ferrari is rumoured to be taking orders at 30% lower price
- Prices lowered only for the pure-petrol models
- It is the upcoming India-EU FTA deal anticipatory action
Italian supercar manufacturer Ferrari has started accepting fresh orders for its pure-petrol models at 30% lower price. This rumour comes after the brand has anticipated the upcoming India-EU FTA policy, which is set to reduce the prices of imported European cars. Read more details below.
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Why has Ferrari reduced the prices in India?
A recent report published by Autocar India claims that Ferrari dealerships are now taking new orders for the pure-petrol models at lower prices. These prices are reported to be up to 30% lower than the current prices.
The brand is known to accept orders at least six months prior to the delivery date. Meanwhile, the EU-India FTA deal is scheduled to go live in 2027, which means that the dealerships are now eligible to take the orders as per the projected prices for 2027.
Speaking of the models, the 12Cilindri, Amalfi, and Purosangue are the three pure-petrol cars that come under the new EU-FTA policy. Meanwhile, the EU-FTA policy is yet to determine the price subsidy on the hybrid cars, which includes the rest of the Ferrari models in India, hence only three models are reported to be offered at reduced prices as of now.
With that said, the Purosangue is reported to have undergone a price cut of Rs 3.15 crore, 12Cilindri Spider of Rs 2.75 crore, 12Cilindri Coupe of Rs 2.55 crore, and Amalfi of Rs 1.68 crore.
