Has the 612 bottomed out?
Discussion
Are the 2+2 and V12 Ferrari's in general always heading south with regards to depreciation? if so then why? is it the running costs? or are they at the bottom of the cycle similar to the Ferrari V8's cycle?
I've read all I can, even watched the Chris Harris 599 YouTube video and read how he sold after 10 months and an eye watering £10k of running costs but to get your hand on a 612 for sub £70k does seem like a hole lot of car for that price wouldn't you agree?
I would only do 3 to 4k per year so would hope to keep the maintenance bills to a minimum.
I've read all I can, even watched the Chris Harris 599 YouTube video and read how he sold after 10 months and an eye watering £10k of running costs but to get your hand on a 612 for sub £70k does seem like a hole lot of car for that price wouldn't you agree?
I would only do 3 to 4k per year so would hope to keep the maintenance bills to a minimum.
My position is as follows, purchased my first Ferrari 2 years ago and it has increased in value although I haven't sold it yet and I expect all that increase to be lost if sold through a dealer, I love the car but never use it because an F430 spider IMHO is simply not a daily commute car, so I have been through a few daily snotters over the last couple of years to get round it. I want to stay with Ferrari ownership and want to use the car all the time and not be a garage queen, approx commute and daily use would be circa 5 or 6k per year tops unless I did an EU road trip which is on my life bucket list.
So I'm now thinking either low end 612 and keep the F430 spider or top end 612 OTO or 599 and sell the F430, the 458 V8 may be an outside option, I do need to have a test drive of all 3 cars in order to make an informed decision !!
I had no idea the 612's hit £45k but £65/70k seems cheap enough and there are far less 612's than F430's so I think their value should hold strong or am I missing something? like a crystal ball
So I'm now thinking either low end 612 and keep the F430 spider or top end 612 OTO or 599 and sell the F430, the 458 V8 may be an outside option, I do need to have a test drive of all 3 cars in order to make an informed decision !!
I had no idea the 612's hit £45k but £65/70k seems cheap enough and there are far less 612's than F430's so I think their value should hold strong or am I missing something? like a crystal ball
thecook101 has understood my point of view and the junction I'm am now at, 4 years ago a purchased a top spec Range Rover RRS, approx £66k, 2 years later, frustrated by the drive I sold it back to the dealer for £40k, I have a similar budget for a daily and I can't stomach another couple of years knowingly burning £1k per month, for the same money I much prefer a calculated risk on something like a 612, even the standard spec car is rare and therefore special, as mentioned, a real sense of occasion each time you use it I'm sure.
Its all to easy spending £70k on a brand new top notch saloon that will burn £1k a month minimum so why not go for a used Ferrari V12 and see what happens? worst thing that can happen is the Ferrari v12 also burns £12k per year but I know which one would make me feel special, Range Rovers are like belly buttons round here, everyone has one !!
Looking at supercar production increases, yes there will be a huge increase but the demand is increasing rapidly as more people have more disposable income, as for the past Ferrari models that were all limited production numbers when compared in todays world I'd say they would be pretty well protected indefinitely in terms of value.
Its all to easy spending £70k on a brand new top notch saloon that will burn £1k a month minimum so why not go for a used Ferrari V12 and see what happens? worst thing that can happen is the Ferrari v12 also burns £12k per year but I know which one would make me feel special, Range Rovers are like belly buttons round here, everyone has one !!
Looking at supercar production increases, yes there will be a huge increase but the demand is increasing rapidly as more people have more disposable income, as for the past Ferrari models that were all limited production numbers when compared in todays world I'd say they would be pretty well protected indefinitely in terms of value.
Hi guys, of course I'm enjoying the read and that stunning picture of the 612 over the F430, what a garage / car combo.
I've test driven both the 458 and the 488 recently, both great cars but at this time of year the 458 is to expensive, not will to pay near new prices for a 2011 458 with 15-20k miles no so have parked that for now, the 488 is an option but I'm pretty sure buyers remorse will soon follow after collection due to 24 months of severe depreciation ahead,
So I'm back at the same place really, can't seem to part with my F430 as I love it and I know I'll miss it, so my thoughts turn to a 612 or possibly even a 599 as a daily tin top winter beast.
I was mulling over the 612 in grey at Wilmslow Stratstone, they've had it for nearly a year at £79,991 but 2 months ago they shifted it to £92k and last month they moved it to over £100k, when I mentioned it they said the car has increased in value, I didn't comment but thought that was a joke as I have had my eye on several, non of which have sold so I'm thinking this is a classic case of dealer market manipulation, one does it and the rest try it on too.
So for now I'll wait, possibly even to the winter months, I'm in no rush, but keep the pictures and owner insight coming in
many thanks
Dave
I've test driven both the 458 and the 488 recently, both great cars but at this time of year the 458 is to expensive, not will to pay near new prices for a 2011 458 with 15-20k miles no so have parked that for now, the 488 is an option but I'm pretty sure buyers remorse will soon follow after collection due to 24 months of severe depreciation ahead,
So I'm back at the same place really, can't seem to part with my F430 as I love it and I know I'll miss it, so my thoughts turn to a 612 or possibly even a 599 as a daily tin top winter beast.
I was mulling over the 612 in grey at Wilmslow Stratstone, they've had it for nearly a year at £79,991 but 2 months ago they shifted it to £92k and last month they moved it to over £100k, when I mentioned it they said the car has increased in value, I didn't comment but thought that was a joke as I have had my eye on several, non of which have sold so I'm thinking this is a classic case of dealer market manipulation, one does it and the rest try it on too.
So for now I'll wait, possibly even to the winter months, I'm in no rush, but keep the pictures and owner insight coming in
many thanks
Dave
Hi guys, of course I'm enjoying the read and that stunning picture of the 612 over the F430, what a garage / car combo.
I've test driven both the 458 and the 488 recently, both great cars but at this time of year the 458 is to expensive, not will to pay near new prices for a 2011 458 with 15-20k miles no so have parked that for now, the 488 is an option but I'm pretty sure buyers remorse will soon follow after collection due to 24 months of severe depreciation ahead,
So I'm back at the same place really, can't seem to part with my F430 as I love it and I know I'll miss it, so my thoughts turn to a 612 or possibly even a 599 as a daily tin top winter beast.
I was mulling over the 612 in grey at Wilmslow Stratstone, they've had it for nearly a year at £79,991 but 2 months ago they shifted it to £92k and last month they moved it to over £100k, when I mentioned it they said the car has increased in value, I didn't comment but thought that was a joke as I have had my eye on several, non of which have sold so I'm thinking this is a classic case of dealer market manipulation, one does it and the rest try it on too.
So for now I'll wait, possibly even to the winter months, I'm in no rush, but keep the pictures and owner insight coming in
many thanks
Dave
I've test driven both the 458 and the 488 recently, both great cars but at this time of year the 458 is to expensive, not will to pay near new prices for a 2011 458 with 15-20k miles no so have parked that for now, the 488 is an option but I'm pretty sure buyers remorse will soon follow after collection due to 24 months of severe depreciation ahead,
So I'm back at the same place really, can't seem to part with my F430 as I love it and I know I'll miss it, so my thoughts turn to a 612 or possibly even a 599 as a daily tin top winter beast.
I was mulling over the 612 in grey at Wilmslow Stratstone, they've had it for nearly a year at £79,991 but 2 months ago they shifted it to £92k and last month they moved it to over £100k, when I mentioned it they said the car has increased in value, I didn't comment but thought that was a joke as I have had my eye on several, non of which have sold so I'm thinking this is a classic case of dealer market manipulation, one does it and the rest try it on too.
So for now I'll wait, possibly even to the winter months, I'm in no rush, but keep the pictures and owner insight coming in
many thanks
Dave
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