2012/12 California residuals

[MrC986]

I know it's uncouth to talk openly about money in relation to Ferrari ownership.....however, I have a friend with a 12 plate high spec California (original list was apparently circa £220k) with about 15k miles which is due for the PCP balloon in the Autumn. Has anyone recently p/x'd or sold into the main dealers without buying another car who might share their experience of pricing with me off-line? I'm getting ready to advise my friend on the balloon situation & any help would be appreciated. Thanks

[MrC986]

Thanks for the guidance. Ironically the car isn't the usual Rosso Corsa but an option colour which explains part of the original massive list price! I'm fearful that the car will be below the minimum guaranteed future value (MGfV) by some margin as Ferrari have in the last few years been putting strong MGFV on their cars to get the customers in - the friend in question also has a habit of not selling his cars in the last 13 yrs and I think he should be handing it back if it's not worth the MGFV on the day of reckoning.

[MrC986]

Nmj said:

do Ferrari finance do PCP's then , i never thought they did ?

Oh yes, they might not call it PCP though!