599 depreciation curve

599 depreciation curve

Author
Discussion

msdes123

164 posts

139 months

Thursday 25th February 2021
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Bought mine from official Ferrari dealer in 2014 for £95k 10000 miles, 2008 car, was advertised at £100k. I really thought I’d bought at the bottom of the market at that price. Sold it 2 years later for £85k but I’d put 17000 miles on it. That was a lot of super plus unleaded in 2 yrs. have watched prices ever since and they have never seemed to dip back to the low of 2014-16 from what I was seeing, seem to have held 15-20% higher prices pretty much since until seeing a further slight dip down again in last 12 m possibly. Had no trouble from it during ownership, just a few electrical gremlins and it went through the official dealer services as the mileage dictated. Think I got out just in time as I heard the next owner had to replace a few big ticket items.

Jonny TVR

4,533 posts

280 months

Thursday 25th February 2021
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I think you were lucky on depreciation. I would say depreciation is more like 10 to 12k a year with 3 to 5k mileage

bish_345

135 posts

69 months

Friday 26th February 2021
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Furlonger advertised a 4,500 mile one owner car for 115k three days ago. It has already sold...Rosso Fiorano. Looked very nice.

lingus75

1,695 posts

221 months

Friday 26th February 2021
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bish_345 said:
Furlonger advertised a 4,500 mile one owner car for 115k three days ago. It has already sold...Rosso Fiorano. Looked very nice.
That Furlonger car is fantastic. I keep looking at the VVS 4K mile car and wondering what it’s missing as it hasn’t sold. Seems to be a good car for the price against the others out there?

Iwontlietoyou

40 posts

55 months

Friday 26th February 2021
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The VVS car is really nice. Been watching it also for a while.

I think it's probably always been priced slightly off the market and therefore never quite got out the door - I bet a year ago they had offers in excess of the current asking price that they turned down. I'm guessing it's a classic case of an SOR car where the owner is always holding out for yesterday's bid.

And it's Rosso Corsa... subjective, but I'm not sure any of the V12s look good in red

And no Daytonas - but that really is me overlaying my own preferences on the car...