Ferrari is one of the most popular supercars. The company makes about 9,000 cars on an annual basis. However, they made only 1,500 cars during the 10-year period between 1987 and 1997. In this article, we are going to talk about 6 wild facts about the number of Ferraris that are built annually.

Each year, more than 50 million cars are manufactured across the globe. Of all these cars, the number of Ferraris is 8000 units. In other words, it’s only 0.016% of the total figure.

In 2016, the company made 8014 supercars with an announcement that it will increase production to around 9000 units.

Why does Ferrari make a limited number of cars?

Around 8 years back, Ferrari thought that manufacturing too many vehicles was against the company’s interests. So, they put the limit on the protection of the brand and make it exclusive.

Luca di Cordero Montezemolo, the ex-chairman said that launching too many vehicles into the market was a big risk. Sergio Marchionne, the current chairman, has plans to increase the production to 10,000 units a year.

It all boils down to exclusivity.

What is a collector’s edition?

The term collector’s items refer to beautiful items that are rare. And Ferraris meet this requirement. Plus, Ferraris are exclusive supercars, not your regular vehicles. This is the reason Ferrari loves will pay any price to get their desired rare models of the car.

Do you have to meet any conditions to buy a Ferrari?

Yes, you have to meet a few conditions before you could qualify for this purchase. Listed below are some of those conditions:

Ownership history: if you have never had a Ferrari before, your chances of being approved are very slim. But you will be more likely to be approved if you have had a second-hand one before.

Age: if you are below 40 years old, you won’t be considered a serious buyer.

Relationship with the dealer: you must have a strong relationship with a reputable Ferrari dealer.

What is the total number of Ferraris in the world?

By the end of 2018, around 208,931 Ferraris were built. We don’t know for sure whether all of these supercars are still on the road. Since these cars are super fast, they are more prone to accidents.

How much time does a Ferrari take to be built?

Without any doubt, these cars are not made on a mass scale. Roughly, it takes 21 days or three weeks to make a Ferrari. After all, if you are going to pay $2 million for a supercar, you have to make sure it’s perfect from all angles.

How long do you have to wait to receive your Ferrari?

It depends on the model you are going to buy. If you are thinking of personalizing your vehicle, you should wait for at least 5 years for the delivery. Also, if you want to purchase a one-off edition, you will need to sit with the designer and tell him your requirements.

Some buyers may even have to for 2 years before they could see their desired car. But the wait is totally worth it.

So, these are 6 wild facts about Ferraris. Hopefully, you will find this article interesting.