lots of 812 and Pista's for sale

[garystoybox]

WCZ said:

SVJBalboni said:

So what's going on with the SF90? I've owned one Ferrari new which was a 488 and I received a call from a main dealer asking me if I was interested in ordering one. I thought this car would be impossible to get or you needed to buy a few Ferrari's to get allocation.

reached the point of over saturation, also the SF90 has divided people on looks. - I personally think it's one of the worst looking cars they've ever made and doesn't look like a ferrari in any sense other than vaugely from the front.

I agree, just shows where the markets at I guess. La Ferrari performance at £450k with mid spec either a bargain or expensive depending on your point of view? Personally I think the interior is stunning and looks exterior better in the flesh to my eyes. What’s if for though? I think the problem is the F12/458/488 are all plenty too fast for the road anyway and it not a track car.

[rosino]

Exactly my thoughts.. when the mantra of always faster and bigger will stop ? Who needs 1000hp in a heavy hybrid when you cannot even begin to use the F12 power on a real road ? And as you say they are probably too heavy in weight and consumables to be tracked ?

Might as well stick with F12/812 for the noise and get a 458 Speciale or GT3/RS for the track.. IMHO

But hey, somebody will always want bigger and better I guess, I just suspect there's less of those hanging around these days that in the past, and market is hyper saturated with super performance cars. How many can it realistically absorb after all premium manufacturers have been vomiting special versions one after the other for a decade now..

[WCZ]

rosino said:

Exactly my thoughts.. when the mantra of always faster and bigger will stop ? Who needs 1000hp in a heavy hybrid when you cannot even begin to use the F12 power on a real road ? And as you say they are probably too heavy in weight and consumables to be tracked ?

Might as well stick with F12/812 for the noise and get a 458 Speciale or GT3/RS for the track.. IMHO

But hey, somebody will always want bigger and better I guess, I just suspect there's less of those hanging around these days that in the past, and market is hyper saturated with super performance cars. How many can it realistically absorb after all premium manufacturers have been vomiting special versions one after the other for a decade now..

the thing is it's starting to become really really difficult to get anymore traction at speeds below 100mph, a 720s isn't that much slower than a Chiron at these speeds. a 720s on an actual dragstrip can produce 9 second 1/4 mile times which is nuts

it's all just got a bit silly and I think buyers are aware of this.

[430SD_LP640]

SVJBalboni said:

So what's going on with the SF90? I've owned one Ferrari new which was a 488 and I received a call from a main dealer asking me if I was interested in ordering one. I thought this car would be impossible to get or you needed to buy a few Ferrari's to get allocation.

very interesting! I got a call recently from a main dealer saying they managed to get an 812GTS slot and asked my interest. the very same person told me about 6 months ago that one needs to have enough Ferrari V12 scores to be able to place an order of 812GTS! I thought this was the main reason why lots of people have flipped 812 coupe. I didn't have any V12 F scores and I don't have any either but obviously something must have changed on their side!

Edited by 430SD_LP640 on Saturday 22 February 11:33

[BrntRubber]

430SD_LP640 said:

very interesting! I got a call recently from a main dealer saying they managed to get an 812GTS slot and asked my interest. the very same person told me about 6 months ago that one needs to have enough Ferrari V12 scores to be able to place an order of 812GTS! I thought this was the main reason why lots of people have flipped 812 coupe. I didn't have any V12 F scores and I don't have any either but obviously something must have changed on their side!

Edited by 430SD_LP640 on Saturday 22 February 11:33

812 GTS is a beauty! Top down in that car would be epic!

[browngt3]

I stumbled across an interesting article regarding the Ferrari market from an investors view point. Although it is only one view, I agree that Ferrari and others are flooding the market and the chicken's coming home to roost at some point.

https://seekingalpha.com/article/4325637-how-to-de...

[willy wombat]

That’s a good article and I agree with it. I have long since abandoned hope of my Ferraris retaining strong residual values.

[Cheib]

browngt3 said:

I stumbled across an interesting article regarding the Ferrari market from an investors view point. Although it is only one view, I agree that Ferrari and others are flooding the market and the chicken's coming home to roost at some point.

https://seekingalpha.com/article/4325637-how-to-de...

That’s a great article and something supported by all the anecdotal evidence you can read on here and see in the classifieds. Doesn’t matter how much cash you’ve got if a car can cost you something approaching a six figure sum when you’ve barely driven it people start losing interest pretty quickly,

[Taffy66]

Cheib said:

That’s a great article and something supported by all the anecdotal evidence you can read on here and see in the classifieds. Doesn’t matter how much cash you’ve got if a car can cost you something approaching a six figure sum when you’ve barely driven it people start losing interest pretty quickly,

Losing a six figure sum on any car would have me in the doghouse..On the flip side its great fun scanning classifieds for a stunning Lusso, 720S etc for near 50% of new cost..If others much wealthier then i am are OK with losing vast sums on a car then its a good thing for others..

[Cheib]

Taffy66 said:

Cheib said:

That’s a great article and something supported by all the anecdotal evidence you can read on here and see in the classifieds. Doesn’t matter how much cash you’ve got if a car can cost you something approaching a six figure sum when you’ve barely driven it people start losing interest pretty quickly,

Losing a six figure sum on any car would have me in the doghouse..On the flip side its great fun scanning classifieds for a stunning Lusso, 720S etc for near 50% of new cost..If others much wealthier then i am are OK with losing vast sums on a car then its a good thing for others..

Wise words Taffy. Need to visit a couple of dealers.

[MDL111]

browngt3 said:

I stumbled across an interesting article regarding the Ferrari market from an investors view point. Although it is only one view, I agree that Ferrari and others are flooding the market and the chicken's coming home to roost at some point.

https://seekingalpha.com/article/4325637-how-to-de...

Thanks for posting, that was interesting to read

[MDL111]

Taffy66 said:

Cheib said:

That’s a great article and something supported by all the anecdotal evidence you can read on here and see in the classifieds. Doesn’t matter how much cash you’ve got if a car can cost you something approaching a six figure sum when you’ve barely driven it people start losing interest pretty quickly,

Losing a six figure sum on any car would have me in the doghouse..On the flip side its great fun scanning classifieds for a stunning Lusso, 720S etc for near 50% of new cost..If others much wealthier then i am are OK with losing vast sums on a car then its a good thing for others..

Easy to avoid - just don’t sell it

[BrntRubber]

Taffy66 said:

Losing a six figure sum on any car would have me in the doghouse..On the flip side its great fun scanning classifieds for a stunning Lusso, 720S etc for near 50% of new cost..If others much wealthier then i am are OK with losing vast sums on a car then its a good thing for others..

Amen brother

[footsoldier]

The problem is that a lot of people losing the six figure sums can’t afford it.

They are the ones who are left holding the parcel, when they thought/were told it was free money, or free motoring at least.

I’ve heard of people with multiple ‘hard to get’ cars losing cash and sitting unsold, while they pay 5 figures in finance each month.

[MDL111]

footsoldier said:

The problem is that a lot of people losing the six figure sums can’t afford it.

They are the ones who are left holding the parcel, when they thought/were told it was free money, or free motoring at least.

I’ve heard of people with multiple ‘hard to get’ cars losing cash and sitting unsold, while they pay 5 figures in finance each month.

Reminds me of the TV series Hustle

You would have thought, people who are able to buy these types of cars are smarter than to bank on a high residual value on a - in normal times - quickly depreciating asset / have some grasp of history as a cautionary tale. How many cars have never depreciated from list before this current upswing - Enzo comes to mind, maybe a couple of Zonda special editions (not the “normal” ones though, those definitely depreciated at some point), possibly the 997 4.0 RS, 599 Aperta - top of my head, I can’t think of others. If you then consider the above mentioned increase in supercars in general and in particular special editions, then it is not all that surprising imo.

[Chris355]

I was recently flicking through autotrader and was surprised by how many 458 speciales are up for sale at the moment too.

[cgt2]

MDL111 said:

Reminds me of the TV series Hustle

You would have thought, people who are able to buy these types of cars are smarter than to bank on a high residual value on a - in normal times - quickly depreciating asset / have some grasp of history as a cautionary tale. How many cars have never depreciated from list before this current upswing - Enzo comes to mind, maybe a couple of Zonda special editions (not the “normal” ones though, those definitely depreciated at some point), possibly the 997 4.0 RS, 599 Aperta - top of my head, I can’t think of others. If you then consider the above mentioned increase in supercars in general and in particular special editions, then it is not all that surprising imo.

Very true but we do live in a different world now, fuelled by social media and 'likes'. I know of a few people living in a £400k house who drive a £150k car. The desire to look good to the world and the lure of headline finance numbers can skew reality. That was never a factor in the past, generally people who bought these cars were hardcore enthusiasts. Not saying there are not enthusiasts around but there are plenty of the poser element around too who wouldn't know a 250GT SWB from a Reliant Scimitar. Witness that horrible Z3 based fake California that is forever driving round Mayfair in circles on a daily basis.

I was chatting to one of my builders and he told me he has £170k across two cars, both financed heavily. His desperation to get paid every time he does a job for me, relatively small amounts, doesn't suggest he manages his money very well!

[av185]

Welcome to the brave recent world of subscription economics giving those who essentially cant afford it access to materialism by accumulating debt.

[andrew]

av185 said:

Welcome to the brave recent world of subscription economics giving those who essentially cant afford it access to materialism by accumulating debt.

you're going to get lynched for stating that fact !

[RSbandit]

Yeah that's the way it is these days and no doubt the easy access to finance and pay as you go mentality has allowed manufacturers to take the p1ss with rrp's as pretty much nobody is putting down £250k cash for a new Ferrari or Mclaren. If the car finance thing disappeared over night the hit to new car sales would be incredible indeed the whole industry seems completely reliant on people financing these purchases.