812 superfast

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Discussion

JimmyConwayNW

Original Poster:

3,075 posts

126 months

Saturday 30th September 2023
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I keep coming back to the idea of wanting an 812 Superfast. I'm going to try and go ahead with one and already made it a goal for 2024.

I absolutely love the look of them and want a black one, with black wheels. Always thought a first Ferrari purchase would be red but here we are.

The main thing is, do the values seem stable and likely to hold up? I hate losing significant money on cars and would like something I can keep for a year of so with minimal loss.


ANOpax

837 posts

167 months

Saturday 30th September 2023
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The 812 SF replacement will be unveiled early next year.
It’ll be a while before customers take delivery but there will eventually be a supply of 812s hitting the market as people trade up to the ‘latest and greatest’.

If you buy too soon, you could take a spanking on the 812. If you wait long enough, you might pick up a bargain.

garystoybox

785 posts

118 months

Saturday 30th September 2023
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Sorry I take the opposite view of the above (maybe as already an owner!)
Most original 812 owners have already traded for an 812 GTS so don’t expect a glut of vehicles coming the market. Also the replacement 812 is likely to be a minimum of 12-15 months away for deliveries in the UK and the price tag is taking a huge uptick from what I’ve been told. V12 production is already limited due to line restrictions and what with the Puro and specials eating in to this, demand will be astronomical I.e. there will be a huge price differential between an 812 at c£230k and it’s replacement c£450k (and that’s before early overs).

I’d be much more comfortable putting my money in to a nice 812 (c10 on sale with official dealers) compared to almost 40 296GTB’s- which are tanking in value. Also, it’s not like the F12 tanked in value when the 812’s were being delivered.

That said, if only planning on owning a year or so, probably prudent to bank on £40-£50k depreciation, particularly if buying from a dealer.
The good thing with the updated power warranty is that it is now an extension of the full original warranty until the car reaches 7 years. i.e. covers absolutely everything (including wearing dampers, oil leaks, etc which used to be excluded)

ANOpax

837 posts

167 months

Saturday 30th September 2023
quotequote all
garystoybox said:
Also, it’s not like the F12 tanked in value when the 812’s were being delivered.

That said, if only planning on owning a year or so, probably prudent to bank on £40-£50k depreciation, particularly if buying from a dealer.
The good thing with the updated power warranty is that it is now an extension of the full original warranty until the car reaches 7 years. i.e. covers absolutely everything (including wearing dampers, oil leaks, etc which used to be excluded)
F12 values didn't tank but they certainly fell when the 812s were being delivered. Basic supply and demand as you note with the glut of 296s - the point being that there will be more than the 10 812s currently available once the 812's replacement comes in.

It was always possible to extend the factory warranty for 2 years at the end of the third year to 3+2=5 years total - has this been extended to 3+4=7? Or is there a revamp of New Power to make it as good as factory?


maura

148 posts

24 months

Saturday 30th September 2023
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ANOpax said:
F12 values didn't tank but they certainly fell when the 812s were being delivered. Basic supply and demand as you note with the glut of 296s - the point being that there will be more than the 10 812s currently available once the 812's replacement comes in.

It was always possible to extend the factory warranty for 2 years at the end of the third year to 3+2=5 years total - has this been extended to 3+4=7? Or is there a revamp of New Power to make it as good as factory?
It’s 4 + years 5,6,7 can be extended

maura

148 posts

24 months

Saturday 30th September 2023
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JimmyConwayNW said:
I keep coming back to the idea of wanting an 812 Superfast. I'm going to try and go ahead with one and already made it a goal for 2024.

I absolutely love the look of them and want a black one, with black wheels. Always thought a first Ferrari purchase would be red but here we are.

The main thing is, do the values seem stable and likely to hold up? I hate losing significant money on cars and would like something I can keep for a year of so with minimal loss.
If you are worried about values, you will take a bath on a black with black wheels 812, not a good look. If you are value concerned buy a 2018/2019 pre GPF car.

Soleith

485 posts

90 months

Saturday 30th September 2023
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I tend to agree with Anopax's view and disagree with Gary's. Of course some people will be appalled by the price of the replacement and not buy but be in no doubt, enough Ferrari owners will bite and the waiting list will be huge. Not sure that GTS owners will be dumping their 812's initially if normal service follows and the F167 is coupe only at first but that means SF owners who want a coupe will likely be looking to change and IMO that means more will be available = supply/demand and prices will go down. I'm certainly expecting to take a big bath on my F12 although that's because I got it with delivery mileage last month and have since put almost 1k miles on it!

The counter to this is that the rumour is people who want an F167 will need to be an existing Ferrari V12 owner to get an allocation which means that many single Ferrari 812 owners won't start dumping them immediately until they get their replacement. I guess it depends how many people own a SF along with other V12 Ferrari's and as such will start to try to shift early.

Personally if I was at all worried about values taking a dump, I'd probably avoid an 812 for the next 18 months.

Calculator

746 posts

216 months

Saturday 30th September 2023
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garystoybox said:
That said, if only planning on owning a year or so, probably prudent to bank on £40-£50k depreciation, particularly if buying from a dealer.
Sensible view. Owning a non limited V12 Ferrari for a year and getting out with a minimal loss is completely unrealistic. I’d imagine a dealer will want 15% spread to take it back from you the day after you’ve bought it. Add that on to a years depreciation in a market where prices are tumbling and you’ll be the less fun side of £50k down in 12 months.

WCZ

10,550 posts

195 months

Sunday 1st October 2023
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I think many won't jump to the replacement because of the costs

TP321

1,480 posts

199 months

Sunday 1st October 2023
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Calculator said:
Sensible view. Owning a non limited V12 Ferrari for a year and getting out with a minimal loss is completely unrealistic. I’d imagine a dealer will want 15% spread to take it back from you the day after you’ve bought it. Add that on to a years depreciation in a market where prices are tumbling and you’ll be the less fun side of £50k down in 12 months.
This

DeejRC

5,842 posts

83 months

Sunday 1st October 2023
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TP321 said:
Calculator said:
Sensible view. Owning a non limited V12 Ferrari for a year and getting out with a minimal loss is completely unrealistic. I’d imagine a dealer will want 15% spread to take it back from you the day after you’ve bought it. Add that on to a years depreciation in a market where prices are tumbling and you’ll be the less fun side of £50k down in 12 months.
This
Hmmm, well that rather depends on your last line. I bought my F12 in 2021, put 11,000 miles on her as my daily in a year and sold her in 2022 for pretty much the same amount.

garystoybox

785 posts

118 months

Sunday 1st October 2023
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DeejRC said:
Hmmm, well that rather depends on your last line. I bought my F12 in 2021, put 11,000 miles on her as my daily in a year and sold her in 2022 for pretty much the same amount.
The worlds changed a hell of a lot in the last 12 months though. Apparently, V12 prices have held up better than the newer cars. I’ve a property project on at the moment and I got a trade price for my 812 just in case I needed to manage my cash flow. Was offered £20k less then I paid for it 30 months ago. I suspect it would be retailed at more than I paid for it.

Going to try and keep it though, as I’ll never find another as good- (Late 2019, pre GPF, 1 owner Atelier car) and got a feeling I’d regret it. Far and away the best car I’ve ever had the pleasure of owning. V12’s really do spoil you for anything else.

maura

148 posts

24 months

SydneyBridge

8,678 posts

159 months

Monday 2nd October 2023
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Life is too short
Buy the one above and enjoy

Nuttbelle

537 posts

11 months

Monday 2nd October 2023
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SydneyBridge said:
Life is too short
Buy the one above and enjoy
This Could be another thread where they will never be cheap enough to buy.
Lots of people procrastinating about purchases at the moment

YOLO

DeejRC

5,842 posts

83 months

Monday 2nd October 2023
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Tbf we are talking 1/4 million £ purchases here. For anybody not called Sheikh, you tend to take a moment or two to consider such things.

JimmyConwayNW

Original Poster:

3,075 posts

126 months

Tuesday 3rd October 2023
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maura said:
Funnily enough I was having a coffee near the Ferrari dealer in Glasgow earlier in the year and that exact car was sat outside.

I think that was the moment I thought I need to make this happen.

Thank you for all the pointers.

blueSL

621 posts

227 months

Monday 23rd October 2023
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I think the 296 GTB is tanking because people want to move to a GTS, I know someone who has taken a £50k hit to do just that.

TP321

1,480 posts

199 months

Monday 23rd October 2023
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blueSL said:
I think the 296 GTB is tanking because people want to move to a GTS, I know someone who has taken a £50k hit to do just that.
I think they will stabilise around the £220k mark. Seems a fantastic car but technology just seems to improving so rapidly that each new model eclipses the previous one. That’s the risk to residuals.

mirsgarage

249 posts

20 months

Monday 23rd October 2023
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blueSL said:
I think the 296 GTB is tanking because people want to move to a GTS, I know someone who has taken a £50k hit to do just that.
Most reviews I've read have indicated the GTS is the one to have, so it would make sense that this be the case.

That being said, I am biased given I have a GTS on the way... eventually.