Who actually bought this ugly Ferrari thing?

Everyone has seen Ferrari's new electric car, the Luce, right? It can be said to be unremarkable, even ugly, with a price of 3.99M RMB (about 586,600 USD). All 88 units of this car for the Chinese market have been fully reserved.
Just this ugly thing, its performance indicators are completely outclassed by Chinese new energy vehicles: combined horsepower 1050 hp, 0-100 km/h acceleration in 2.5 seconds, top speed 310 km/h, range only 530 km, supports fast charging. Who would buy it?
Yesterday I just watched a review of the Denza Z9GT, with a range of 1074 km. It kept running on the Beijing Fifth Ring Road and took two days to finish. The Yangwang U8L can glide on water and turn on the spot, isn't that better? And it's only a little over 1 million RMB.
I still don't quite understand the consumption concept of the rich. Maybe what the rich value is not this car at all. The car itself doesn't matter; what matters is the name "Ferrari." Plus, there's the usual hunger marketing — only 88 slots in China, first come first served. Whoever gets it first is awesome.
Whether it holds its value is even less of a consideration. I have money and I spend it like this; what business is it of yours?
So the rich never consider cost-effectiveness.
Ferrari may be old, but it's still Ferrari. It still has the ability to harvest among the wealthy.
That said, I hope that in the near future, I too will have such spending power!