Discussion
Back to this subject. Given the prices for 612 have fallen so much I am thinking about getting one. The volatility so far though makes me nervous on where the real market is right now. I could do with some help:
For 612s with sub 10K mileage from a main dealer what is a guide price for 2005 and 2006 cars in good condition?
Are there any colour combinations that affect the price significantly?
Any options that are a must have from a resale perspective?
Any problem areas in recent year cars thatI need to beware of (I have heard of stonechipping and the 6000 mile service)
All help appreciated for this Italian virgin.....
For 612s with sub 10K mileage from a main dealer what is a guide price for 2005 and 2006 cars in good condition?
Are there any colour combinations that affect the price significantly?
Any options that are a must have from a resale perspective?
Any problem areas in recent year cars thatI need to beware of (I have heard of stonechipping and the 6000 mile service)
All help appreciated for this Italian virgin.....
I'm no expert on the car but imo:
1. the car looks much better with the 19" modular wheels {and should be a "dark" colour)
2. sounds much better with the Ferrari sports exhaust
Get one with either GTS or HGTC package
iirc
GTS = Sport exhaust, 19" wheels, Suspension control and better F1 gear box
HGTC = Carbon brakes + GTS
I think GTS is ~ £8k and HGTC ~ £16k options on new cars but this premium is not reflected on used cars
1. the car looks much better with the 19" modular wheels {and should be a "dark" colour)
2. sounds much better with the Ferrari sports exhaust
Get one with either GTS or HGTC package
iirc
GTS = Sport exhaust, 19" wheels, Suspension control and better F1 gear box
HGTC = Carbon brakes + GTS
I think GTS is ~ £8k and HGTC ~ £16k options on new cars but this premium is not reflected on used cars
Are service intervals really 6k miles? I'd have thought they'd be double that. Worth checking with a dealer.
There's an owner on clubscuderia.co.uk, so might be worth a post there. But there aren't many of these kicking round I suspect (or perhaps just not many owners posting - maybe needing 4 seats doesn't leave much time to post
).
FWIW, the looks have grown on me and if I needed 4 seats, I'd consider one. Darker colours are generally best as mentioned (dark blue or the darker reds, metallics. Wouldn't ever but another black car unless you have a live in valeter!) , but I saw a Grigio Ingrid car which looked surprisingly good.
I don't believe prices have dropped *that* much in comparison to previous 4 seat V12 Ferraris, but have no doubt they will at some point! With so few around, your best bet will be to examine dealer prices/specs carefully, and maybe give the odd indie a call to see if they're aware of any.
Have you also considered a Maser Quattroporte? I think these have tons of road presence, and might make a better bet depreciation wise if bought wisely (in outright £ figures rather than somewhat pointless %ages).
There's an owner on clubscuderia.co.uk, so might be worth a post there. But there aren't many of these kicking round I suspect (or perhaps just not many owners posting - maybe needing 4 seats doesn't leave much time to post
).FWIW, the looks have grown on me and if I needed 4 seats, I'd consider one. Darker colours are generally best as mentioned (dark blue or the darker reds, metallics. Wouldn't ever but another black car unless you have a live in valeter!) , but I saw a Grigio Ingrid car which looked surprisingly good.
I don't believe prices have dropped *that* much in comparison to previous 4 seat V12 Ferraris, but have no doubt they will at some point! With so few around, your best bet will be to examine dealer prices/specs carefully, and maybe give the odd indie a call to see if they're aware of any.
Have you also considered a Maser Quattroporte? I think these have tons of road presence, and might make a better bet depreciation wise if bought wisely (in outright £ figures rather than somewhat pointless %ages).
Murph7355 said:
I don't believe prices have dropped *that* much in comparison to previous 4 seat V12 Ferraris, but have no doubt they will at some point!
Agree with this sentiment. Think it'll prob be a little longer before they settle at their optimum price.IMO though they look fabulous in the flesh - photos just don't seem to do them justice.
Recall seeing one at Porsche Centre East London about a year ago.. The chap had bought it to replace a 996. After 600 miles he decided he didnt like it and PXd it for a 997...lost £60k on it over 600 miles and didnt bat an eye lid apparently!
Also, I see one in Green Park (London)-it is black and has the roof and pillars painted silver! Its an LHD with Italian plates- strange but cool in a "I have so much money I can do what I want" kind of a way
Also, I see one in Green Park (London)-it is black and has the roof and pillars painted silver! Its an LHD with Italian plates- strange but cool in a "I have so much money I can do what I want" kind of a way
I've been keeping my eye on them for a while and they do seem to have dropped a bit recently, maybe 10k.
The going rate now seems to be around £130- £140k
The Maserati is nice but it's not a Ferrari.
Then again the running costs of V12 Ferraris are reputed to be a whole new world compared to the V8s.
The going rate now seems to be around £130- £140k
The Maserati is nice but it's not a Ferrari.
Then again the running costs of V12 Ferraris are reputed to be a whole new world compared to the V8s.
PhillF said:
Murph7355 said:
I don't believe prices have dropped *that* much in comparison to previous 4 seat V12 Ferraris, but have no doubt they will at some point!
Agree with this sentiment. Think it'll prob be a little longer before they settle at their optimum price.IMO though they look fabulous in the flesh - photos just don't seem to do them justice.
True about the late 456s but their prices have been 'settled' for some time.
I'd wait for the 612 prices to drop sub £100k which should hopefully see them settle into a less suicidal depreciation curve.
At £130-140k my opinion would be that there is a lot of potential to take a big hit, obviously depending on how long you plan on running in for together with the million and one other vairables.
Any 612 owners tried to get a trade in price? I'd have thought the dealers would try to push the stigma of big losses on previous model V12s which seems to be carried over to the 612 as a way of pushing their offers down.
Anyway, as mentioned above, go for the best spec you can find, seems to have little bearing on residuals which could ease the pain.
I'd wait for the 612 prices to drop sub £100k which should hopefully see them settle into a less suicidal depreciation curve.
At £130-140k my opinion would be that there is a lot of potential to take a big hit, obviously depending on how long you plan on running in for together with the million and one other vairables.
Any 612 owners tried to get a trade in price? I'd have thought the dealers would try to push the stigma of big losses on previous model V12s which seems to be carried over to the 612 as a way of pushing their offers down.
Anyway, as mentioned above, go for the best spec you can find, seems to have little bearing on residuals which could ease the pain.
PhillF said:
...At £130-140k my opinion would be that there is a lot of potential to take a big hit, obviously depending on how long you plan on running in for together with the million and one other vairables....
Agreed (FWIW - committed 2-seater junkie here ).The guy losing "60k in 600 miles" would have done that on most "mainstream" vehicles (ie not one of the "premium" cars that has every football reaching for the Kleenex etc). Soon as you you drive them out of the showroom you lose big style. And if you want to shift on quickly, get the Vaseline out.
As for running costs, I've not heard of too many horror stories on any of the latter day V12s. Certainly none that are attributed to them having 12 cyls anyway...
PhillF said:
True about the late 456s but their prices have been 'settled' for some time.
I'd wait for the 612 prices to drop sub £100k which should hopefully see them settle into a less suicidal depreciation curve.
At £130-140k my opinion would be that there is a lot of potential to take a big hit, obviously depending on how long you plan on running in for together with the million and one other vairables.
Any 612 owners tried to get a trade in price? I'd have thought the dealers would try to push the stigma of big losses on previous model V12s which seems to be carried over to the 612 as a way of pushing their offers down.
Anyway, as mentioned above, go for the best spec you can find, seems to have little bearing on residuals which could ease the pain.
I would be amazed if any dealer bid more then £75k to £85k for a 2 year old one and then put a mark up of £30k . I'd wait for the 612 prices to drop sub £100k which should hopefully see them settle into a less suicidal depreciation curve.
At £130-140k my opinion would be that there is a lot of potential to take a big hit, obviously depending on how long you plan on running in for together with the million and one other vairables.
Any 612 owners tried to get a trade in price? I'd have thought the dealers would try to push the stigma of big losses on previous model V12s which seems to be carried over to the 612 as a way of pushing their offers down.
Anyway, as mentioned above, go for the best spec you can find, seems to have little bearing on residuals which could ease the pain.
I was once at Stratstone in Wilmslow in the late 1990s. They openly admitted to having a £50k mark up on a pre-sold F40 (ie they already had a committed buyer for the car). They bought the car in Monaco and had it trailered back and sold it straight on!
I think there are two issues. The cars clearly take a big hit out of the showroom - that can't be denied. I don't think though that the 12-36 month depreciation is any different than any other high end sportscar of that kind. Over three years you prob lose 40-50%. That is no different from that experienced by a 996 Turbo.
The killer is the new car depn. Once over that, the depreciation seems to be in line - if still painful.
For what you get, these seem like pretty reasonable value now.
The killer is the new car depn. Once over that, the depreciation seems to be in line - if still painful.
For what you get, these seem like pretty reasonable value now.
This one was going from Manchester to Brum, got one of the guys to take a couple of snaps before loading. I saw it for sale on their website for £120k but it just didn't look good, I think in these pictures it does look a lot better. What do you guys think?
Loaded, even the back looks good here, although I think the rear lights are a bit small.
Loaded, even the back looks good here, although I think the rear lights are a bit small.
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