Topic: auction failure

California Ferrari Dealer Rejects $348,000 Offer for 2025 296 GTS

A dealer rejected a $348,000 auction bid for a new 2025 Ferrari 296 GTS, highlighting a gap between seller expectations and current market prices despite the car's low mileage and high specification. The Ferrari 296 series, praised for its hybrid performance and 818 horsepower, is experiencing in...