Why are LHD Ferrari 512TR so much cheaper?
Discussion
Johnnyforeigner said:
There was a few more than 50.
There were 88 imported into the UK, then there's also the cars supplied to the other RHD markets, Aust, HK, Singapore, Japan etc.
Not sure of the exact numbers but it must run into a few hundred at least?
Maybe it was 50 plus 38 ABS to get to 88. There were 88 imported into the UK, then there's also the cars supplied to the other RHD markets, Aust, HK, Singapore, Japan etc.
Not sure of the exact numbers but it must run into a few hundred at least?
Were the other markets as big then as they are now?
RevHappy said:
Of the 2280 made only 50 were RHD, even the bigger volume Tes which was made for over three times longer only had 438.
Add in the numbers exported east due to ducking under the duty, there's not many RHD left in the uk.
Yep have to agree with that, when I take my car to a show there is often no other TR's in attendance and people react differently of late as a result. LHD or RHD would make no odds to me, value wise they seem to be selling rather quickly. Two weeks ago an 86 car came on at £95k, sold almost immediately. I believe the market has a way to go until it levels off. The 512BBi and 365 will give us some clue as to where the TR or 512 will top out……£200K ish?Add in the numbers exported east due to ducking under the duty, there's not many RHD left in the uk.
Edited by ro55a on Wednesday 25th June 17:39
Resurrecting this post as I purchased a LHD 512TR a couple of years ago. No plans to sell anytime soon but my view is that the global market for a LHD is much bigger than for a RHD.
And now mine's over 25 years old it can be much more easily imported into the US - as a classic - where they just love them
Thoughts?
And now mine's over 25 years old it can be much more easily imported into the US - as a classic - where they just love them
Thoughts?
AmoCS said:
I'm sure I had a Maranello flyer that stated 50 UK RHD (38 ABS). Will try to dig it out.
You did (yellow brochure) but I mentioned to Tony that it appeared to imply only 50 cars and it he changed it for the later version (blue and white version) so it is clear that it is 88 in total.Jonathan
Edited by jtremlett on Saturday 19th May 22:03
Interesting website, suggests LHD/RHD price difference down to volume made?
http://www.red-headed.com/512tr.html
http://www.red-headed.com/512tr.html
Personally, if I were buying any exotica, especially Italian, with a view to investment I would go LHD.
It's how the cars were designed to be, and come resale time, you are selling into a much wider market place.
The fact the cars are in greater supply indicates more liquidity in the market, and a greater (but not 100%) chance that they are priced correctly.
Also, if we have a 'hard Brexit' values of RHD cars will surely fall.
It's how the cars were designed to be, and come resale time, you are selling into a much wider market place.
The fact the cars are in greater supply indicates more liquidity in the market, and a greater (but not 100%) chance that they are priced correctly.
Also, if we have a 'hard Brexit' values of RHD cars will surely fall.
jtremlett said:
AmoCS said:
I'm sure I had a Maranello flyer that stated 50 UK RHD (38 ABS). Will try to dig it out.
You did (yellow brochure) but I mentioned to Tony that it appeared to imply only 50 cars and it he changed it for the later version (blue and white version) so it is clear that it is 88 in total.Jonathan
Edited by jtremlett on Saturday 19th May 22:03
The other big factor for future values between lhd and rhd here in the UK is currency fluctuation.
Not that long ago, when the pound was strong, lhd Ferraris came pouring into the UK, remember the $2 to the pound period! euro up close to 1.50 to the pound from memory.
Then when the pound fell on its arse those cars all poured back out again, not that many left in the UK now.
Timing a sale is more about following currencies than actual supply. If the pound gets strong again LHD examples already in the UK will devalue and RHD cars will stop heading out of the country to sunny climes, some may even head back.
Bottom feeder versions of popular manufacturers are the last to rise and the first to drop in such circumstances, as the sheep buy them up based on the badge on the nose not the desirability of the model.
So the real decision maker should be is the pound going to drop significantly more against the major currencies, or will it rally in the post brexit future? I would say with all the bad press so far related to brexit, that the currency markets have already factored such in, once its all sorted, and it will, if we can get through two world wars we can weather this little storm, the pound will rise again, this will affect lhd values in the negative.
Not that long ago, when the pound was strong, lhd Ferraris came pouring into the UK, remember the $2 to the pound period! euro up close to 1.50 to the pound from memory.
Then when the pound fell on its arse those cars all poured back out again, not that many left in the UK now.
Timing a sale is more about following currencies than actual supply. If the pound gets strong again LHD examples already in the UK will devalue and RHD cars will stop heading out of the country to sunny climes, some may even head back.
Bottom feeder versions of popular manufacturers are the last to rise and the first to drop in such circumstances, as the sheep buy them up based on the badge on the nose not the desirability of the model.
So the real decision maker should be is the pound going to drop significantly more against the major currencies, or will it rally in the post brexit future? I would say with all the bad press so far related to brexit, that the currency markets have already factored such in, once its all sorted, and it will, if we can get through two world wars we can weather this little storm, the pound will rise again, this will affect lhd values in the negative.
PAUL500 said:
The other big factor for future values between lhd and rhd here in the UK is currency fluctuation.
Not that long ago, when the pound was strong, lhd Ferraris came pouring into the UK, remember the $2 to the pound period! euro up close to 1.50 to the pound from memory.
Then when the pound fell on its arse those cars all poured back out again, not that many left in the UK now.
Timing a sale is more about following currencies than actual supply. If the pound gets strong again LHD examples already in the UK will devalue and RHD cars will stop heading out of the country to sunny climes, some may even head back.
Bottom feeder versions of popular manufacturers are the last to rise and the first to drop in such circumstances, as the sheep buy them up based on the badge on the nose not the desirability of the model.
So the real decision maker should be is the pound going to drop significantly more against the major currencies, or will it rally in the post brexit future? I would say with all the bad press so far related to brexit, that the currency markets have already factored such in, once its all sorted, and it will, if we can get through two world wars we can weather this little storm, the pound will rise again, this will affect lhd values in the negative.
Good post. We've seen this waxing and waning at least three times over the past 20 years. When I bought my first 348 in the mid 90s it cost me around £26k in GBP. Ten years later I bought another (a nice one, not a dog) for £17k, and despite what people are advertising them for today I think in the real world the same car is worth £35-£40k today. So not much variation.Not that long ago, when the pound was strong, lhd Ferraris came pouring into the UK, remember the $2 to the pound period! euro up close to 1.50 to the pound from memory.
Then when the pound fell on its arse those cars all poured back out again, not that many left in the UK now.
Timing a sale is more about following currencies than actual supply. If the pound gets strong again LHD examples already in the UK will devalue and RHD cars will stop heading out of the country to sunny climes, some may even head back.
Bottom feeder versions of popular manufacturers are the last to rise and the first to drop in such circumstances, as the sheep buy them up based on the badge on the nose not the desirability of the model.
So the real decision maker should be is the pound going to drop significantly more against the major currencies, or will it rally in the post brexit future? I would say with all the bad press so far related to brexit, that the currency markets have already factored such in, once its all sorted, and it will, if we can get through two world wars we can weather this little storm, the pound will rise again, this will affect lhd values in the negative.
PAUL500 said:
Bottom feeder versions of popular manufacturers are the last to rise and the first to drop in such circumstances, as the sheep buy them up based on the badge on the nose not the desirability of the model.
Very funny. The perceived desirability is the social peer pressure aspect, not the price. Most Ferraris, especially pre-Montezemolo are considerably better in cockpit ergonomics as LHD rather than RHD. This is even apparent in recent Italian releases, like the Maserati Levant (check Harry Metcalfe's vid for that). I don't care what other people say when bar-bragging; my 308 is a more enjoyable and satisfying drive in LHD over RHD. It's true for my Integrale, too, where RHD are after-market botch jobs even if "factory approved". Even if the cockpit was fitted out with equal attention to design detail left or right, being right handed I prefer shifting gears with my right hand. For me, LHD/RHD preference is nothing to do with price.
Behemoth said:
Most Ferraris, especially pre-Montezemolo are considerably better in cockpit ergonomics as LHD rather than RHD. This is even apparent in recent Italian releases, like the Maserati Levant (check Harry Metcalfe's vid for that). I don't care what other people say when bar-bragging; my 308 is a more enjoyable and satisfying drive in LHD over RHD. It's true for my Integrale, too, where RHD are after-market botch jobs even if "factory approved". Even if the cockpit was fitted out with equal attention to design detail left or right, being right handed I prefer shifting gears with my right hand. For me, LHD/RHD preference is nothing to do with price.
Agreed 
Very true. Certainly in anything pre-360 the wheelarch intrusion on a RHD car and offset makes for a very uncomfortable driving position, whereas in a LHD the wheelarch serves as a good place for a footrest hence much better driving position.
355 was slightly better than 360 because of the open front to the transmission tunnel but still a huge difference in comfort, especially for those with big feet.
355 was slightly better than 360 because of the open front to the transmission tunnel but still a huge difference in comfort, especially for those with big feet.
Behemoth said:
PAUL500 said:
Bottom feeder versions of popular manufacturers are the last to rise and the first to drop in such circumstances, as the sheep buy them up based on the badge on the nose not the desirability of the model.
Very funny. The perceived desirability is the social peer pressure aspect, not the price. Most Ferraris, especially pre-Montezemolo are considerably better in cockpit ergonomics as LHD rather than RHD. This is even apparent in recent Italian releases, like the Maserati Levant (check Harry Metcalfe's vid for that). I don't care what other people say when bar-bragging; my 308 is a more enjoyable and satisfying drive in LHD over RHD. It's true for my Integrale, too, where RHD are after-market botch jobs even if "factory approved". Even if the cockpit was fitted out with equal attention to design detail left or right, being right handed I prefer shifting gears with my right hand. For me, LHD/RHD preference is nothing to do with price.
I have owned RHD and LHD cars (in the UK and on the Continent) and usually the LHD cars are better to drive / body position etc. I still own a RHD 911 in Germany, because the car is unique and it does not bother me at all that the steering wheel is on the "wrong side". I happily drive either one even as a manual - it is not that difficult to switch between them, but LHD has a significant advantage in terms of foot position imo.
AmoCS said:
Oh yes - that would do nicely for summer …AmoCS said:
Saw this and it immediately took me back to the 80’s playing Outrun in the arcades … then I looked at more pictures and it’s number plate is/was “Outrun” That must be one of the coolest cars on the planet !
Gassing Station | Ferrari V12 | Top of Page | What's New | My Stuff