What is considered a good deal on a V12 Lusso?

What is considered a good deal on a V12 Lusso?

Author
Discussion

Taffy66

5,964 posts

103 months

Wednesday 26th February 2020
quotequote all
BrntRubber said:
What a phenomenal car! Weather was nice this morning and got to push her on a test drive.

Deposit placed on the 2019 with 600 miles. Almost 40% off. I am a happy man!

Thank you all for the help!

Now I just need to find someone to sort me out with a Capristo exhaust for a good price.
That's unbelievable..Practically unused Ferrari V12 Lusso for a 40% discount on new price..! What strange opportune times we live in.

footsoldier

2,258 posts

193 months

Wednesday 26th February 2020
quotequote all
Well done, great car.
Do dealers have cars they are not advertising at the moment?
Just asking because i haven't seen a 600 mile car for sale.
(And to be clear, I'm not doubting that you have bought it!)

Cheib

23,274 posts

176 months

Wednesday 26th February 2020
quotequote all
Nice work. Car dealers are strange beasts....I was in an OPC yesterday looking at two cars neither of which have been or will be advertised.

BrntRubber

Original Poster:

502 posts

85 months

Wednesday 26th February 2020
quotequote all
footsoldier said:
Well done, great car.
Do dealers have cars they are not advertising at the moment?
Just asking because i haven't seen a 600 mile car for sale.
(And to be clear, I'm not doubting that you have bought it!)
I believe Ferrari don’t want them to market a car under 1k miles. They had some other cool cars there that were not on the market. I also think there is a limit of how many of each model they market.

LotusJas

1,324 posts

232 months

Sunday 8th March 2020
quotequote all
davek_964 said:
Jas has a 720 and a Lusso - maybe he can give you a comparison if he sees the thread
Honestly there is no comparison. The two are chalk and cheese.

The Lusso is a heavy, super comfortable GT car. And you already know what the 720S is.

But nothing matches the Lusso as a 4 seat family supercar...nothing. (Except the new Koenigsegg soon at £2m)

I bought the Lusso as a family car that can genuinely seat 4 in comfort. But alongside my 720S. I'd sell any car I own, including Lusso, before of my 720S though, as the 720S is that good.

Lusso does what it is designed for impeccably smile

LotusJas

1,324 posts

232 months

Sunday 8th March 2020
quotequote all
Taffy66 said:
IIRC the Lusso i test drove was on Pirellis P zeros..I mentioned to the sales guy at the time that the loss of traction could be down to these crappy tyres.
Newer ones, including mine, are on the superior Michelins.

But yes, any cold tyres on a cold damp road + 681bhp + full throttle = trouble

LotusJas

1,324 posts

232 months

Sunday 8th March 2020
quotequote all
garystoybox said:
I’m flabbergasted anybody would ever buy a V8 Lusso in the uk. I thought it was only really released for markets with huge tax on V12’s? How many seconds would it take on startup before the regret of not hearing that marvellous V12, particularly when the used price is roughly the same and you get 4 wheel drive thrown in?
I’m sorely tempted to buy one of these to add to the garage next year... going to be a wonderful long term buy at c£125k.
Agree 100%

V12 or nothing.

And saving 50kg is nothing on a 2 ton car. (Ignore Ferrari claimed 1800kg weights. No Ferrari weights what they claim.)

S1M VP

949 posts

235 months

Saturday 14th March 2020
quotequote all
Interesting topic.

Having had an FF and now a Lusso ... they’re both great cars.
Yes the tech etc on the Lusso is more modern, but the biggest single improvement is the updated indicators ... I just wish they’d carried this over to the Pista, as they did for the 812.
V12’s sound fantastic. I’ve never driven a V8 version, so it’d be unfair to comment, but I personally love the V12 howl.

Tyres on my FF were original figment and were nigh on useless until properly warmed up.
I changed them for Michelin’s and the car was transformed and I had FAR more confidence in the rear end after the tyre change.
My Lusso is still on it’s original tyres and the rear end is as per the FF. it loses traction even just pulling out the driveway until the tyres are warmed up, so I need to upgrade the tyres on this ASAP.

  • Anyone changed their tyres on a Lusso?
  • Any recommendations?
Back to thread, would highly recommend the Lusso, especially now they can be had for £170-200k.
I can’t ever see them being sub 100k though, I’d think they’ll drop but then sit around 130k for quite some time.


There’s no comparison between a 720 and a Lusso though.
Lusso is a Bentley GT/ Aston Rapide/ Wraith type car in terms of GT practicality and comfort, but it’s engine and handling makes it more exciting to drive than its competitors, although each to their own. The folding rear seats and huge boot make it incredibly practical too. The Wraith is bliss on longer jaunts too though, but a very different type of car.

488/Pista is the only Ferrari to properly compare against the 720 and in that case I’d take an FCar any day of the week. Yes the technology is a big step on in the 720 and it’s quicker in a straight line, but overall ownership, quality, materials, road noise, wind noise, design etc and the fixing system that holds the car together underneath the skins/panels that you can see, is just far more superior in the Ferrari cars (or Lambo’s for that matter) than the McLaren.
I much prefer the feel/flow of a 488 over the 720 ... just feel far more in-tune with the Ferrari’s.
McLaren materials/build just feels like a cheap plastic import in comparison, the dealers had it back numerous times to have a go at fixing it, but can’t do anything about the way it’s built and bolted together. The rattles and wind noise are always there and are just a constant reminder of all the other frustrations I’ve had with it. At least I can turn the stereo up!

I specced mine and had it built to order, with all Carbon and MSO options new, so paid a hefty premium for that rather than a stock car. It was the most excited I’ve been for a long time get a new car and the fact it was a British manufacturer was all the better. Unfortunately the car has been plagued with issues throughout my ownership and has taken a HUGE whack in depreciation, as an added kick in the balls.

I don’t mean to appear McLaren bashing.
Some say they’ve had no issues and love theirs, I really wish I could say that, however to be fair (Touches wood quickly) it does have most of the fixable issues sorted, but I fell out of love with it a long time ago. I’ve tried to get rid of it and px it against other new cars, but there’s just no point in selling it for 45-50% of what I paid, when it only has 1500 miles on it. I’ll just keep it for track days.
Before it gets accused of being a garage queen, the low mileage is mostly due to being sat in the garage awaiting it being fixed 8-12 times. I have always had good service from the after sales team at Birmingham though, to be fair to them.

Now all the owners who’ve taken the big depreciation hits + had their cars issues fixed, a 720 is probably a good buy now, but nothing could ever tempt me into buying another McLaren.

The Lusso is a great all rounder, can be used daily or for a more spirited drive.
It’s not quite as exciting drive as the 2 seater variants and looks are compromised a little (to seat 4 adults in comfort), but otherwise it’s a fabulous car.

If you don’t need adult sized seats in the back, also may be worth trying an Aston DBS.
They’re fantastic too, but rear seats are only for small children or bags.

Happy hunting, nice dilemma to have driving

BrntRubber

Original Poster:

502 posts

85 months

Saturday 14th March 2020
quotequote all
S1M VP said:
Interesting topic.

Having had an FF and now a Lusso ... they’re both great cars.
Yes the tech etc on the Lusso is more modern, but the biggest single improvement is the updated indicators ... I just wish they’d carried this over to the Pista, as they did for the 812.
V12’s sound fantastic. I’ve never driven a V8 version, so it’d be unfair to comment, but I personally love the V12 howl.

Tyres on my FF were original figment and were nigh on useless until properly warmed up.
I changed them for Michelin’s and the car was transformed and I had FAR more confidence in the rear end after the tyre change.
My Lusso is still on it’s original tyres and the rear end is as per the FF. it loses traction even just pulling out the driveway until the tyres are warmed up, so I need to upgrade the tyres on this ASAP.

  • Anyone changed their tyres on a Lusso?
  • Any recommendations?
Back to thread, would highly recommend the Lusso, especially now they can be had for £170-200k.
I can’t ever see them being sub 100k though, I’d think they’ll drop but then sit around 130k for quite some time.


There’s no comparison between a 720 and a Lusso though.
Lusso is a Bentley GT/ Aston Rapide/ Wraith type car in terms of GT practicality and comfort, but it’s engine and handling makes it more exciting to drive than its competitors, although each to their own. The folding rear seats and huge boot make it incredibly practical too. The Wraith is bliss on longer jaunts too though, but a very different type of car.

488/Pista is the only Ferrari to properly compare against the 720 and in that case I’d take an FCar any day of the week. Yes the technology is a big step on in the 720 and it’s quicker in a straight line, but overall ownership, quality, materials, road noise, wind noise, design etc and the fixing system that holds the car together underneath the skins/panels that you can see, is just far more superior in the Ferrari cars (or Lambo’s for that matter) than the McLaren.
I much prefer the feel/flow of a 488 over the 720 ... just feel far more in-tune with the Ferrari’s.
McLaren materials/build just feels like a cheap plastic import in comparison, the dealers had it back numerous times to have a go at fixing it, but can’t do anything about the way it’s built and bolted together. The rattles and wind noise are always there and are just a constant reminder of all the other frustrations I’ve had with it. At least I can turn the stereo up!

I specced mine and had it built to order, with all Carbon and MSO options new, so paid a hefty premium for that rather than a stock car. It was the most excited I’ve been for a long time get a new car and the fact it was a British manufacturer was all the better. Unfortunately the car has been plagued with issues throughout my ownership and has taken a HUGE whack in depreciation, as an added kick in the balls.

I don’t mean to appear McLaren bashing.
Some say they’ve had no issues and love theirs, I really wish I could say that, however to be fair (Touches wood quickly) it does have most of the fixable issues sorted, but I fell out of love with it a long time ago. I’ve tried to get rid of it and px it against other new cars, but there’s just no point in selling it for 45-50% of what I paid, when it only has 1500 miles on it. I’ll just keep it for track days.
Before it gets accused of being a garage queen, the low mileage is mostly due to being sat in the garage awaiting it being fixed 8-12 times. I have always had good service from the after sales team at Birmingham though, to be fair to them.

Now all the owners who’ve taken the big depreciation hits + had their cars issues fixed, a 720 is probably a good buy now, but nothing could ever tempt me into buying another McLaren.

The Lusso is a great all rounder, can be used daily or for a more spirited drive.
It’s not quite as exciting drive as the 2 seater variants and looks are compromised a little (to seat 4 adults in comfort), but otherwise it’s a fabulous car.

If you don’t need adult sized seats in the back, also may be worth trying an Aston DBS.
They’re fantastic too, but rear seats are only for small children or bags.

Happy hunting, nice dilemma to have driving
Great post and thank you!

I took my 991 Speedster out of hibernation yesterday. I had only put 5 miles on her before I put her away for winter. It reminded me why I sold my 991 2RS. The porsche 4.0 with an exhaust is just amazing for street use. Not too overpowered, sounds good and the manual just makes you feel like part of the car. If only the GT3 touring had rear seats that would be the car for me 100%.

I assume the Pista is a similar car to the 2RS when it comes to the power and sound, but with the Pista enjoying better looks and possible softer suspension. The Pista is one of the best looking cars I have seen in a long time.

When it comes to the Lusso, what else ticks the same boxes? I haven’t driven a Wraith and although I like it, as a guy in his late 30s it’s a car that makes a statement I don’t want to make. The DBS could be an option but the interior/nav is dated.

McLaren reliability is just a dealbreaker as you among many others has confirmed.

It really is shocking that there aren’t any other great 4 seaters to choose from.

BrntRubber

Original Poster:

502 posts

85 months

Saturday 14th March 2020
quotequote all
Guys with Corona devastating the economy what do you think this will due to used car values like V12 Lussos etc?

I just contacted my dealer and obtained confirmation that my deposit is fully refundable as prices must be due for a serious adjustment, no?

Advice is appreciated.

S1M VP

949 posts

235 months

Sunday 15th March 2020
quotequote all
BrntRubber said:
Guys with Corona devastating the economy what do you think this will due to used car values like V12 Lussos etc?

I just contacted my dealer and obtained confirmation that my deposit is fully refundable as prices must be due for a serious adjustment, no?

Advice is appreciated.
600mls, 40% off list ... it’s hard to see how Corona Virus will cause the car to be worthless.
Yes the car will depreciate some more (it’s always going to if it only has that mileage), but it’s unlikely to go below £100k for many years and a good few k mls, which makes the maximum drop you’ll suffer 30% .... difficult to see how you’re not winning here.
Buy the car you’ve wanted and enjoy it.
Only here once, which is all the more apparent at the moment.

seawise

2,147 posts

207 months

Monday 16th March 2020
quotequote all
Given whats going on at the moment, if you are buying to enjoy rather than invest (which surely no one is stupid enough to be doing since about q4 2017) i would go ahead and take the car. Enjoy it before we can't any longer.

LotusJas

1,324 posts

232 months

Sunday 29th March 2020
quotequote all
S1M VP said:
  • Anyone changed their tyres on a Lusso?
  • Any recommendations?
Early Lussos came with terrible P Zero tyres, and an overly light steering feel. Newer builds have Michelin tyres, and a very significantly improved and heavier steering feel.

I've driven both types, but mine came with the Michelins. They are far better than the P Zeros.

btw my personal experience has been of an unreliable (electrically) Lusso, but a rock solid 100% reliable 720S.

My Lusso is now fixed though, but it took Ferrari 2 months to fix a seat heating & ventilation issue! And Ferrari (HQ) customer service has been appalling, whereas again in my experience McLaren (HQ) were exemplary.

footsoldier

2,258 posts

193 months

Wednesday 10th June 2020
quotequote all
BrntRubber said:
Guys with Corona devastating the economy what do you think this will due to used car values like V12 Lussos etc?

I just contacted my dealer and obtained confirmation that my deposit is fully refundable as prices must be due for a serious adjustment, no?

Advice is appreciated.
Did you go ahead with this..?
Been keeping an eye out, and would be interested to know If there are still cars around off the radar at dealers. Asking prices seem negotiable and variable on what’s on the market.

BrntRubber

Original Poster:

502 posts

85 months

Wednesday 10th June 2020
quotequote all
footsoldier said:
Did you go ahead with this..?
Been keeping an eye out, and would be interested to know If there are still cars around off the radar at dealers. Asking prices seem negotiable and variable on what’s on the market.
Regrettably, due to corona and it’s impact on my business and delaying the sale of my other car, I pulled out of the deal. I just couldn’t justify it given all that’s happening unfortunately.

I will have one at some point I hope.

I had already placed a deposit on an Capristo exhaust order, which I will lose.

footsoldier

2,258 posts

193 months

Wednesday 10th June 2020
quotequote all
Sorry to hear that, and don’t blame you for prioritising - none of us could have planned for sudden and absolute impact of Corona. I’m sure you’ll get in one before long.
I did well on timing of selling other stuff, and tempted by these again, although probably shouldn’t! Were there cars around at Ferrari dealers and not advertised when you were looking?

BrntRubber

Original Poster:

502 posts

85 months

Wednesday 10th June 2020
quotequote all
footsoldier said:
Sorry to hear that, and don’t blame you for prioritising - none of us could have planned for sudden and absolute impact of Corona. I’m sure you’ll get in one before long.
I did well on timing of selling other stuff, and tempted by these again, although probably shouldn’t! Were there cars around at Ferrari dealers and not advertised when you were looking?
Yes, lots

kbf1981

2,256 posts

201 months

Monday 1st May 2023
quotequote all
BrntRubber said:
Taffy66 said:
I had a test drive in a new Lusso V12 last Novembe and was very impressed with the driving and performance..However don't buy one eithe new or even used if depreciation is a concern..They shed money like an autumn oak tree in a hurricane..The point is they seem to keep on losing money forever which has resulted in a very larger dealer bid/sell spread in PX..
Brilliant cars but costly to own..
How’s it going Taffy!?

Regarding the depreciation point, let me know if you guys find my thinking flawed.

1) FF prices have been negatively impacted by the Lusso. New and improved version (I know this is subjective) has further pushed down prices. This wont be the case with the V12 Lusso as this is the last V12 4 seater Ferrari. Going forward it’s the SUV.

2) Good examples of the Lusso are now +£100k off list equating to about 40% to 50% off new. Highly optioned cars are as much as £170k/£180k off list, again 50% off the list.

3) FFs are at £100k/£90k to £140k depending on age and spec. I assume a car that’s 5/6 years old with say 15k miles sells for around £125k/£130k. This my assumption looking at asking prices and I could be wrong.

Based on the above, if someone is able to buy a well looked after V12 Lusso (say almost new 2018 or 2019) for £170k/£180k it should be worth somewhere around £130k/£140k in 4 years.

Is my thinking flawed guys?
V12 lusso now £180k+ for well specced main dealer car. Shows how much inflation covid put into the economy.

New SUV will be 400-450 with options. Again showing how much the world has changed.

Interest in the Lusso also seems to have gone up.

footsoldier

2,258 posts

193 months

Monday 1st May 2023
quotequote all
I bought a Lusso after this thread in July 2020, did 20,000 miles in it and sold it for same price in January.
Great cars.

Not Ideal

2,899 posts

189 months

Tuesday 2nd May 2023
quotequote all
lol wow that’s amazing. Hard to top that !