This Ferrari SF90 XX Stradale has had five different owners this year and it's sold for a higher amount each time

This Ferrari SF90 XX Stradale was first registered less than two years ago, but it’s already been resold four times, which is crazy if you think about it.

What’s even more wild is that no one has lost money on this supercar so far.

But there’s a fly in the ointment.

Because one of them may have lost their right to limited-edition Ferraris in the future.

It doesn’t feel like it, but this is a recent phenomenon

‘Flipping’ cars feels like something that’s been happening since the car was invented, but that’s not the case.

Just 10 or 15 years ago, you could find used Ferraris and Lambos for the price of a used Toyota Camry.

That’s definitely no longer the case.

Blame the pandemic, blame inflation, blame the internet.

Today, anything remotely vintage sells for a lot of cash as long as you can somehow describe it as a ‘classic’.

It’s the ‘Paul Walker Nissan Skyline‘ effect.

As in, you’d have to be seriously well-off to afford the R-34 Nissan Skyline GT-R that Paul Walker drove in Fast and Furious, and so people settle for the R-33, which is second-best.

But the R-33 is also not cheap now – collectors are already looking elsewhere – and before you know it any Nissan sports coupe is worth a gazillion dollars.

And this is even ‘worse’ with Ferraris.

The Ferrari SF90 XX Stradale is rarer than rare

There are two or three layers of rarity with the Ferrari SF90 XX Stradale.

The XX is the limited-production iteration of a hypercar that was already a limited-production vehicle to begin with.

Like getting an upgrade on your ticket when you’re already flying first-class.

Ferrari (like every other manufacturer) doesn’t disclose details and requirements for its limited-edition models.

The company simply says it ‘reserves to right’ to choose who gets to buy them.

In order to buy a Ferrari SF90 Stradale you probably need to already own like four or five other Ferraris.

In order to buy the XX, you’d probably need to double that number.

This explains why this car was bought in 2024 and then sold on by five (!) different buyers in just over a year.

And they all made money from it.

It was originally bought for $981,147 in 2024, and it sold for $1.7 million last month.

Although at least one of them may have lost the right to new Ferraris in the future.

These vehicles generally come with 24-month no-resale clauses, and 2024 was not two years ago.

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