FF prices

Author
Discussion

Kent Border Kenny

2,219 posts

61 months

Wednesday 13th January 2021
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sopes1 said:
I agree. Obviously all made a little more tricky due to the situation but I do like the car and all I want to know is how much is wrong with the car so I can make a decision. Taking a 100k car from a dealer with no warranty and no knowledge of prior issues at any price is pretty stupid when even basic replacement parts can be 5-10k. Bottom line is that even the dealer thinks it's not worth putting it through the warranty product, paying cost for that but then charging more for the car ( which in a way I'd probably be worse off $$ wise but feel better about it )...
The dealer is telling you that the car has sufficiently serious problems that they won’t or can’t return it to an acceptable standard, and have lied to you about why they can’t tell you what is wrong.

I can’t understand, given this, why anyone would even consider buying it.

I know how easy it is to fixate on a car once you like it, but there are others, and there will be more coming to market in the coming months.

Walk away from this one; you are missing far less motoring than normal at the moment, what’s the rush to jump into a car that has something wrong with it?

Not Ideal

2,901 posts

189 months

Wednesday 13th January 2021
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^^ couldn't agree more with that. Leave it.

Van Dessel

156 posts

59 months

Wednesday 13th January 2021
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marky7seven said:
Let me drop you a private message, I have a video for you.
That shut line just doesn't look straight


Is that an optical illusion?

RUNDLL

154 posts

121 months

Wednesday 13th January 2021
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Van Dessel said:
That shut line just doesn't look straight


Is that an optical illusion?
I think it's a weird optical illusion. Happens on every FF if viewed at certain angles. The following is a press picture

Harry Flashman

19,403 posts

243 months

Wednesday 13th January 2021
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Guys, on finance. I am yet to use finance for a car but am considering it for an FF. Also just leased a Renault Zoe so popped my cherry in terms of paying for a car monthly. In for a penny, in for a pound, as they say.

Any tips? Who do you use, what should I look out for? Complete newbie, so just pointing me to some resources would be helpful.

Sorry for thread diversion - I saw a chap mention it a couple of pages back.

George29

14,707 posts

165 months

Wednesday 13th January 2021
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Harry Flashman said:
Guys, on finance. I am yet to use finance for a car but am considering it for an FF. Also just leased a Renault Zoe so popped my cherry in terms of paying for a car monthly. In for a penny, in for a pound, as they say.

Any tips? Who do you use, what should I look out for? Complete newbie, so just pointing me to some resources would be helpful.

Sorry for thread diversion - I saw a chap mention it a couple of pages back.
I used Charles and Dean, they were excellent. Will be using them again for my next car too

Harry Flashman

19,403 posts

243 months

Wednesday 13th January 2021
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Thank you - will give them a call!

RUNDLL

154 posts

121 months

Thursday 14th January 2021
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Looks like the Macari one has gone. Anyone on here?


Edited by RUNDLL on Thursday 14th January 20:46

Skip2019

Original Poster:

3 posts

66 months

Thursday 14th January 2021
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I started this thread some time ago, a time I was searching to buy an ff and wanted to get a sense of how they were perceived in the market and to get feel for their long term appreciation, as I have.

To date, I note that:

Colour, trim and extras are everything - given the ambient, aesthetic, emotive performance - but also that every buyer can convince themselves of anything

That the car should be answerable to any question on history, mechanical or provenance

That your heart should rule your head

Skip

ANOpax

836 posts

167 months

Friday 15th January 2021
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Skip2019 said:
I started this thread some time ago, a time I was searching to buy an ff and wanted to get a sense of how they were perceived in the market and to get feel for their long term appreciation, as I have.
Did you? I presume you've had a name change since then laugh


Skip2019 said:
To date, I note that:

Colour, trim and extras are everything - given the ambient, aesthetic, emotive performance - but also that every buyer can convince themselves of anything

That the car should be answerable to any question on history, mechanical or provenance

That your heart should rule your head

Skip
Any supercar is going to be an emotional purchase as they cannot be justified on rational grounds. Therefore, everything you've observed about ambiance, aesthetics and emotion are spot on. That's why buyers can convince themselves of anything and that one's heart really should rule one's head. For the Ferraristi, it's all about the passione di Ferrari.

Did you buy one in the end?

catfood12

1,425 posts

143 months

Saturday 16th January 2021
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Skip2019 said:
I started this thread some time ago, a time I was searching to buy an ff and wanted to get a sense of how they were perceived in the market and to get feel for their long term appreciation, as I have.

To date, I note that:

Colour, trim and extras are everything - given the ambient, aesthetic, emotive performance - but also that every buyer can convince themselves of anything

That the car should be answerable to any question on history, mechanical or provenance

That your heart should rule your head

Skip
Well done OP! The thread has been very valuable for general discussion on these, with lots of great information, and ultimately led to the FF I ended up buying. I've had it over a year now, and never once regretted the purchase.





Van Dessel

156 posts

59 months

Wednesday 27th January 2021
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Interesting auction fail: https://themarket.co.uk/listings/ferrari/ff/98d41b...

It passed under my radar as I don't check this site very often. For me it's a meh spec, nicely under understated but doesn't pop.

Wonder why it's not on PH/AT classifieds? They could always put it on CC, where we are not allowed to talk about any more :-D

Davebgt40

5 posts

40 months

Wednesday 27th January 2021
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The car on the recent market auction is on autotrader and eBay at £108k
The car listed on an eBay auction a few times recently is also on autotrader at £94,950
The auctions have ended at £66k £66k and £70k!
Seems to be a £25/30k difference between what the dealers are asking and the buyers are prepared to pay....

Van Dessel

156 posts

59 months

Wednesday 27th January 2021
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Thanks Dave - one has to scroll down to the middle of page 2 on AT when one sorts by cheapest first.

With the budget some of us have we don't get quite that far :-D

RUNDLL

154 posts

121 months

Wednesday 27th January 2021
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Davebgt40 said:
The car on the recent market auction is on autotrader and eBay at £108k
The car listed on an eBay auction a few times recently is also on autotrader at £94,950
The auctions have ended at £66k £66k and £70k!
Seems to be a £25/30k difference between what the dealers are asking and the buyers are prepared to pay....
Does anybody think that this indicative of where the market is for these, or was that an outlier? Not great spec, listing went unnoticed, wrong audience?

There have been a couple on CC go slightly higher in value, but still a lot less than dealers asking price.

ANOpax

836 posts

167 months

Thursday 28th January 2021
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RUNDLL said:
Does anybody think that this indicative of where the market is for these, or was that an outlier? Not great spec, listing went unnoticed, wrong audience?

There have been a couple on CC go slightly higher in value, but still a lot less than dealers asking price.
Not much wrong with the spec of the Grigio Silverstone car. Nice exterior colour, inoffensive interior and all the carbon options ticked but missing the nice to have items like suspension lift, front camera and painted calipers. There are plenty of much more basic cars for sale.

The listing particulars were a bit flowery though and that would put me off (thing like 'limited edition wheels' - they are anything but lmited edition given that they're the stock cast wheels - not even forged!). Good that the car comes with the winter tyre set too, showing that the owner takes the car's capabilities seriously and uses it regularly.

I'm not surprised at the spread between the auction prices and dealer prices - dealers aren't in the game for charity!

RUNDLL

154 posts

121 months

Thursday 28th January 2021
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ANOpax said:
I'm not surprised at the spread between the auction prices and dealer prices - dealers aren't in the game for charity!
Agreed, but that's quite a spread! Market says £66,000, dealer wants £108,000.

I'm in the market myself and whilst not overly fussed with depreciation, seeing a gulf as big as this between what punters are willing to pay and what dealers want is slightly off-putting. Prices of these and many other cars have been more or less static since march last year and I can't help but think buying now is buying at the very top.

It's a head and heart thing, heart wants one now, head says wait!

ANOpax

836 posts

167 months

Thursday 28th January 2021
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RUNDLL said:
Agreed, but that's quite a spread! Market says £66,000, dealer wants £108,000.

I'm in the market myself and whilst not overly fussed with depreciation, seeing a gulf as big as this between what punters are willing to pay and what dealers want is slightly off-putting. Prices of these and many other cars have been more or less static since march last year and I can't help but think buying now is buying at the very top.

It's a head and heart thing, heart wants one now, head says wait!
I'm not sure I follow your logic about buying at the top. If prices have been static for a year, that is presumably a sign that you're at the bottom?
I don't see FF prices taking another leg down as £66-108k is 612 scaglietti money and the FF is superior to the 612 in every way (bar the subjective area of aesthetics). The spread between auction and dealer prices exists because private punters want the security of buying from a dealer. It takes balls and a lot of knowledge as a private buyer to take on a V12 Ferrari from an auction site. Dealers won't bid because they don't want to take on stock unless it's really cheap. Most of the cars for sale on autotrader are SoR.

I'm based in Europe and FFs here have not pumbed the depths that they have in the UK and there are signs in Europe that the market is firming. FF buyers in the UK have never had it so good! I think your heart may be right this time.

RUNDLL

154 posts

121 months

Thursday 28th January 2021
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ANOpax said:
I think your heart may be right this time.
I guess I'm just fishing for confirmation like this tbh to make the leap!

My comments on values being at the top was more in gerenal terms, not just FF. Here in the UK car values for many brands / models have had a depreciation freeze and obviously that cannot be sustained. I'd imagine buying one of these other cars now might mean when depreciation continues, it will catch up to where it should have been. I lumped the FF into that group as made the assumption it was still depreciating, and it too was frozen in value like everything else. I still think that's partly true but looking at values over the past few years it's clear they were reasonably stable.

911Thrasher

2,573 posts

200 months

Thursday 28th January 2021
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ANOpax said:
I don't see FF prices taking another leg down as £66-108k is 612 scaglietti money and the FF is superior to the 612 in every way (bar the subjective area of aesthetics).
and the fact that a FF is probably a lot more expensive to maintain than a 612...you guys are scaring people with talks of PTU and DCT, none of these on 612

also beat in mind that in general second hand market for Ferrari's has always been cheaper in the UK, it's not just FF that are cheaper, but the whole line (458, 488, F12, 812, etc.)