Ferrari GTC4Lusso T pricing announced

The sixth member of Ferrari Australasia’s fleet, the four-seater GTC4Lusso T, has arrived in Australia, bringing a $70,000 discount on the V12 model on which it is based.

Confirming specification at a function in Sydney this morning, Ferrari stakeholders said the ‘T’ will be priced from $503,888 (plus on-road costs). That positions the new rear-drive, V8 variant about $100k north of the entry level California T convertible, and makes it the second most affordable variant on offer.

Not that the discount is likely to matter too much to well-heeled buyers.

“I don’t think this car is about money, it’s just on a 10 per cent [discount] which is nothing when you’re buying a Ferrari,” offered Ferrari Australasia chief executive Herbert Appleroth, citing the difference between the T and the larger V12, which starts at $578,888 (plus on-road costs).

Instead, it is the T’s new V8 engine and rear-drive layout that is likely to draw in buyers as the first configuration of its kind in a four-seat Ferrari.

Borrowing the same twin-turbo 3.9-litre V8 as that found on the California T and 488 supercar, the GTC4Lusso T offers up 449kW and 760Nm.

Acceleration is hardly compromised by the rear-drive layout – namely against all-wheel drive system in the V12 – thanks to an official zero to 100km/h time of 3.5 seconds.

As with the four-wheel drive GTC4Lusso, the new rear-drive car will be paired with 4WS rear-wheel steering – as well as the latest SCM-E suspension, ESP 9.0 and third-generation Side Slip Control – but Ferrari says the V8 will be significantly lighter overall, offering improved efficiency and increased weight bias towards the rear (46:54).

According to Appleroth, the T will attract a younger type of buyer, many of them new to the Ferrari brand.

“This is a completely different demographic, this is more about being new to Ferrari, coming from the traditional GT segment,” he said.

“Now we’re really able to capture and conquest those clients who perhaps didn’t have an option before from Ferrari. We have expectations that probably 70 per cent of those owners will be new to Ferrari, very similar to California.”

Aspiring owners will likely need to wait until the first public orders of the GTC4Lusso arrive around early 2018. As with many luxury marques, those already familiar with the Ferrari brand will be given higher buying preference.

“This is about the school run, this is about the supermarket, this is about the weekend away as well as during the week,” Appleroth said.