FF prices

Author
Discussion

Van Dessel

6 posts

3 months

Thursday 4th July
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Back to FF prices for a second, here's a puzzling story. A light grey one was advertised at 110k at TH Bohler: https://www.pistonheads.com/classifieds/used-cars/...

Then is shows up later for £23k more: https://www.autotrader.co.uk/classified/advert/201...

And it has outstanding finance on it. Surely if you pay a £23k premium over the old price the difference must be somewhere around the outstanding amount.

I really like the car and the non-black cross-stitched seats but as a potential buyer I'm immediately seeing red flags...

catfood12

963 posts

87 months

Thursday 5th September
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I like these too, and have been watching the prices soften. Looking at the same ones month after month on Auto Trader.

I keenly went to Blackbush yesterday to wave my arm at this one. 10K miles, lovely body colour, panaramic roof. Hideous curry brown interior. All of it. Including steering wheel. Made a bid of £113K, that was below reserve. It's been relisted for a couple of weeks time.






I was laughed out of Modena for a reasonable offer of £110K on their black 2011, that's been on since April and recently reduced to £125K.

They'll come down yet.... no rush here.

Not Ideal

2,405 posts

133 months

Friday 6th September
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Was much other high-end stuff selling generally at the auction or were buyers absent ?

ANOpax

75 posts

111 months

Friday 6th September
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Be careful about extrapolating the bottom end of the market in Europe to forming a view on wider trends. A lot of the cars are Gulf or US imports and I’ve noticed that the number of Gulf cars available has gone up a lot (not just FF but other Ferrari models of 2012-15 vintage too)

catfood12

963 posts

87 months

Friday 6th September
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Not Ideal said:
Was much other high-end stuff selling generally at the auction or were buyers absent ?
Not a lot of super high end stuff. From the Owens auction, a nice 09 Ferrari California T made all the money £60K, nice 12 plate £75K Rolls Ghost. FF was the dearest thing there. Busy bidding to £113K then it stopped dead. I think that was all the money. It needed a small amount of paint, wheel refurb and tyres. Only had one key. Was only 10K miles, but hideum interior. Needed the dash and wheel truning black. It would be classy then. £3-4K refurb costs, then retail at what £130K+ ? Not a lot for the Amari lot, but I think they make as much on the finance as the cars.

Loads of the London crowd there, most stuff sold. Bargain super tidy 60K mile 2011 X5 40d, right colour, last of that shape struggled at £11K. I thought that would be upper teens all day long...

Not Ideal

2,405 posts

133 months

Friday 6th September
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^^ ok good colour - thanks !

catfood12

963 posts

87 months

Friday 6th September
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Now then.

This is a lovely spec FF. Colour, trim, options etc...



They have it on SOR, a chum of the Sales Manager, but they don't know much about it, and didn't seem to be too helpful, only that it was 5 owners and 40K miles.

As I have been stalking these for some time, this is the same car, back in 2016 at 20k miles.




WCZ

6,974 posts

139 months

Friday 6th September
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great price

I'm starting to think they look best in gray

RevsPerMinute

1,639 posts

166 months

Friday 6th September
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Call me silly but if those are numbers paid I don't think a cost of £40k for 3 years and 20k miles is too bad in a V12 Ferrari. Having said that I would have thought the value of that today would be under the magic £100k mark..

catfood12 said:
Now then.

This is a lovely spec FF. Colour, trim, options etc...



They have it on SOR, a chum of the Sales Manager, but they don't know much about it, and didn't seem to be too helpful, only that it was 5 owners and 40K miles.

As I have been stalking these for some time, this is the same car, back in 2016 at 20k miles.

Van Dessel

6 posts

3 months

Sunday 8th September
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I think it's true that Brexit is slaughtering the market for indulgent luxury goods of all types. The number of FFs sub £100k is just one indicator.

A silver 2012 with a light-blue Carta di Zucchero interior just plummeted £20k. -18% is just desperate! Others will follow if they see that car go quickly. I wouldn't mind it but that interior would soon grate.

If you set aside emotional opinions for a second, there is functionally very little between a FF and say, a Rapide (apart from a dodgy 4WD system) but there are tons of the latter for £40k - £50k. Shows you how much the emotional side supports a price point.

The grey car with the chocolate interior is OK until they put a black stripe up the door...and opted for the alu wheel...

catfood12

963 posts

87 months

Sunday 8th September
quotequote all
Van Dessel said:
I think it's true that Brexit is slaughtering the market for indulgent luxury goods of all types. The number of FFs sub £100k is just one indicator.

A silver 2012 with a light-blue Carta di Zucchero interior just plummeted £20k. -18% is just desperate! Others will follow if they see that car go quickly. I wouldn't mind it but that interior would soon grate.

If you set aside emotional opinions for a second, there is functionally very little between a FF and say, a Rapide (apart from a dodgy 4WD system) but there are tons of the latter for £40k - £50k. Shows you how much the emotional side supports a price point.

The grey car with the chocolate interior is OK until they put a black stripe up the door...and opted for the alu wheel...
Wowsers ! That Nottingham car looks very good value. Rear seat entertainment, not the most exciting colour, but not too bland. They don't mention how many owners. If it's made the approved scheme it must be all up together.

I agree though, I think there's a bloodbath in prices on the horizon. Not too many trading days to Christmas either. Not the time for exceeding their targets at the moment.

RevsPerMinute

1,639 posts

166 months

Monday 9th September
quotequote all
I think it is fairly telling that none are selling at the current prices advertised, if a Main dealer is slashing prices and has a decent car which is 2nd cheapest on autotrader...



catfood12 said:
Van Dessel said:
I think it's true that Brexit is slaughtering the market for indulgent luxury goods of all types. The number of FFs sub £100k is just one indicator.

A silver 2012 with a light-blue Carta di Zucchero interior just plummeted £20k. -18% is just desperate! Others will follow if they see that car go quickly. I wouldn't mind it but that interior would soon grate.

If you set aside emotional opinions for a second, there is functionally very little between a FF and say, a Rapide (apart from a dodgy 4WD system) but there are tons of the latter for £40k - £50k. Shows you how much the emotional side supports a price point.

The grey car with the chocolate interior is OK until they put a black stripe up the door...and opted for the alu wheel...
Wowsers ! That Nottingham car looks very good value. Rear seat entertainment, not the most exciting colour, but not too bland. They don't mention how many owners. If it's made the approved scheme it must be all up together.

I agree though, I think there's a bloodbath in prices on the horizon. Not too many trading days to Christmas either. Not the time for exceeding their targets at the moment.

sealtt

2,472 posts

103 months

Monday 9th September
quotequote all
Van Dessel said:
I think it's true that Brexit is slaughtering the market for indulgent luxury goods of all types. The number of FFs sub £100k is just one indicator.

A silver 2012 with a light-blue Carta di Zucchero interior just plummeted £20k. -18% is just desperate! Others will follow if they see that car go quickly. I wouldn't mind it but that interior would soon grate.

If you set aside emotional opinions for a second, there is functionally very little between a FF and say, a Rapide (apart from a dodgy 4WD system) but there are tons of the latter for £40k - £50k. Shows you how much the emotional side supports a price point.

The grey car with the chocolate interior is OK until they put a black stripe up the door...and opted for the alu wheel...
I like the look of that silver one, but then I am a fan of blue interiors. I don’t really buy this type of car anymore but if I did I’d be really tempted by that.

Van Dessel

6 posts

3 months

Monday 9th September
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Hands down best interior of all time. I'll just leave this right here:

https://www.autoscout24.com/offers/ferrari-ff-6-3-...

Would love to hear the dealer story behind how this one came to be...

catfood12

963 posts

87 months

Monday 9th September
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I called up about the Graypaul £96K one - they said that it had been priced incorrectly, and should have been £112K ! This was reduced from £115K. Not much of a reduction for a car on their 90 day stockbook ! They said it would be corrected soon on Autotrader.

It was FFSH, 6 owners, high power stereo (JBL), two keys, 2 year approved Ferrari warranty.

These older ones don't have DAB on the ICE. Only the later ones (>15) with the two knobs on the head unit have DAB.

Edited by catfood12 on Monday 9th September 17:42

catfood12

963 posts

87 months

Monday 9th September
quotequote all
Van Dessel said:
Hands down best interior of all time. I'll just leave this right here:

https://www.autoscout24.com/offers/ferrari-ff-6-3-...

Would love to hear the dealer story behind how this one came to be...
That looks like a Middle East spec car. Seen a few Ferraris in Dubai equally tastefully appointed.

You saw it first, I'll let you have first dibs fella ! biggrin

sealtt

2,472 posts

103 months

Monday 9th September
quotequote all
catfood12 said:
I called up about the Graypaul £96K one - they said that it had been priced incorrectly, and should have been £112K ! This was reduced from £115K. Not much of a reduction for a car on their 90 day stockbook ! They said it would be corrected soon on Autotrader.

It was FFSH, 6 owners, high power stereo (JBL), two keys, 2 year approved Ferrari warranty.

These older ones don't have DAB on the ICE. Only the later ones (>15) with the two knobs on the head unit have DAB.

Edited by catfood12 on Monday 9th September 17:42
Oh that's a shame. At 96k was actually interested even though I didn't have plans to buy such a vehicle, had even got the seal of approval from the wife (pretty easy when we are talking Ferraris though!). £112k is less attractive though, but the pricing has definitely caught my attention, they were £140k-£150k minimum last time i was looking.

Does this have that chrysler stereo like the first gen California had?

catfood12

963 posts

87 months

Tuesday 10th September
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sealtt said:
Oh that's a shame. At 96k was actually interested even though I didn't have plans to buy such a vehicle, had even got the seal of approval from the wife (pretty easy when we are talking Ferraris though!). £112k is less attractive though, but the pricing has definitely caught my attention, they were £140k-£150k minimum last time i was looking.

Does this have that chrysler stereo like the first gen California had?
Oh... don't know. Early ones all seem to have the same head unit, like this;




Is that the same as the California ?


The high power stereo option seems to be speakers and amp. They have JBL on the door grilles.

Later (>15) have this model fitted;




The Internet generally says the stereos are crappy. Ferrari will upgrade from early to late at a cost of around £4.5K. There is one FF in the classifieds with a double din Kenwood fitted. Looks rough, with a Halfords like surround ! jester

catfood12

963 posts

87 months

Thursday 12th September
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Market update ! biggrin

The LKC one above has gone from Autotrader.

The £125K one at Modena has been reduced to £119,995K. laugh

The lower end GTC4s at the same price as the dearest FF. jester

Van Dessel

6 posts

3 months

Yes, good luck with those bright read seats to whomever the lucky owner is.

I really like the Bentley one - very handsome interior with the right amount of carbon (i.e. wheel only) but the dash strip, center console and door hardware are alu/stainless which is dignified and handsome. As are the cross-stitched seats. Not too much mileage. It's dropped £10k since Q1-2. But there must be something that's not quite kosher with it mechanically?. Scenario: if I were to look through the invoices and see no work done ever on the PTU or DCT, in the back of my mind I'd be fearful that the the whole house of cards was about to collapse, and take my wallet with it. Would a 2 year power-train warranty cover all those eventualities?