Aperta, GTO, F1, and Manual Value Perspective

I agree with your perspective. Like you, I love the 599 and passed on a stick too because I drove one and as much a I love driving stick shift, this is a car I would put a lot of miles on and I didn't think the stick really worked well in the car.

I say congratulations to the buyer.

 

Sorry, but it's just dumb. You could have Ferrari convert any black/black 599 to a manual for a fraction of the price. All the parts exist and are available, as the car is only a few years out of production.

The car really is of no significance whatsoever.

 

What was the hammer price?

 

$620K before buyer's/seller's whatever. $682K with buyer's/seller's whatever.

 

the buyer has no money problems at all, that's for sure, but why didnt he convert an F1 ? That's the question.

Might this be a manouver from the high spheres to make prices go up ?

 

Interesting to me that no one has yet mentioned the Aperta which auctioned at $1.05 MM/$1.155 MM all-in at Gooding at Amelia. A striking car in a special light blue, nice beige/sabia interior, but rather extreme for my taste. That price, taken together with the 599 manual price may signal another move up for the rarer F cars, or may signal the top of the market. Both were significantly outside the market (although given the low number of Aperta, cannot say I know whether that market was....).

 

Gentlemen please remember that there was more than one bidder, I would not have the arrogance to call some extremely successful people insane, or whatever is being said....

I say congratulations to the winning bidder, enjoy in good health.

I have a feeling the price paid will seem inexpensive in a few years.

 

1,3 Milion USD for sale in UK. Most expensive 599 GTO on the market, I am speechless - OK this is a RHD, but still... little bit overpriced.

Used 2010 Ferrari 599 for sale in Cheshire | Pistonheads

 

It was just a matter of time. Every time I drop the hammer in my GTO I feel like I'm Michael Schumacher in an F1 car. She rewards me the more I push her. How can you put a price tag on that feeling ?

 

Asking vs Getting - Two very different things?

 

The UK is an interesting market. Many RHD cars get exported to Far East RHD markets leaving a shortage. Currently LHD 599 GTOs are trading around original list for RHD. Until this post there were no RHD 599 GTOs for sale in UK. Supply and demand. I personally think the price is ludicrous, but then I have a RHD 599 GTO in UK so this is interesting. The manual 599 sold at Amelia shows what is possible - assuming that sale was all legit. Bottom line is that 599 cars in today's world is a very limited amount. Look what's happens to F40 prices and there are over 1,340 of them.

 

I'm in the UK and have a 599 GTO RHD from new (and zero intention of selling it).

The price of the example quoted is hilariously inflated and once it hit the pistonheads forum the price dropped almost immediately, then went POA. Trust me I'd be mighty pleased if my GTO is now worth 900K GBP. But it's hugely unlikely. I've just added an F50 to the stable and the dealer I bought the 50 from told me a RHD 599 GTO in the UK is now around 480K GBP to buy (maybe 500K GBP at a push). LHD examples can be had here for 370K GBP.

That's not to say the 599 GTO has maxed out.

 

Congratulations on the F50. Your comments on GTO values sound about right. No doubt the owner of the RHD GTO advertised was thinking about the black manual 599, and dreaming that anything is possible. No equivalent cars publicly offered on the market for a while, so perhaps they thought they might get lucky :~)

 

Camlet1,

Congrats on the F50. Love to see some pics. The F50 is a truly spectacular and amazing beast. Also love to hear reviews on F50 vs. your 599GTO. Winding my GTO out today ... geez just nothing like it thats street legal. F50 is more my cup of tea (vs. F40 or 288GTO) as its a "pure" NA V12. Still the sound of the GTO is just unparalleled IMHO. Regardless of value I just simply LOVE my GTO.

 

Ding Ding!

My point of view is if they made 130 or whatever Apertas and they're 1M, the 20-30 factory original manuals should worth the same if not more. You can still buy 2 new model convertible F cars with open roof. But you can't buy any F car stick. EVER AGAIN!

I just drove my 6spd cars today. What a rush. Jalopnik is doing a story on my 599 and 612 manuals with videos.

 

There are way more than 20-30 three pedal 599s. Probably an order of magnitude more.

 

Cheers. The F50 is being prepared - you know what it's like with a "new" purchased classic, a list of silly items 99% of normal people wouldn't notice or couldn't care about but I want her mint when she arrives - so while itching like crazy to get hold of her, I have to be patient.

Regarding a comparison, I'm lucky to have some other F cars too. And what I've learned over the years is Ferrari is magical, they are magicians. Because comparisons are very difficult yet each model has something about it which makes it uniquely a Ferrari. That's what's amazing to me about Ferrari. The sums of its parts is the whole.

The 550 Maranello, F40, 599 GTO, 458 Speciale and F50 for example are all very different machines.

Some have Grand Tetons sized torque (yay managed to the Tetons in lol - did a roadtrip in Wyoming, Utah and Arizona which for a Brit coming from a lovely tiny island by comparison was shell-shockingly awesome - you guys are very lucky to have such magnificent country) like the beautifully handling and wonderfully elegant 550 Maranello and the utter hooligan hilarity of the F40.

Some the razor sharp delicacy and remarkable alacrity of the 458 Speciale. Some the sheer epic sound and scale of the brilliant 599 GTO (F1!) and the purity of the F50 driver experience with its thunderous high reving tub bolted-on V12, sublime handling and superb stick shift (from what I've read and watched).

Ferrari are magicians because while their cars (mixing old and new) are very different each one could only ever be a Ferrari. And while comparisons make for endless forum fun debating, the fact is they are all very special yet all very Ferrari. And if it's more than a little obvious I adore Ferrari (its history, its creativity, its contribution to happiness, the way a 3 year old who can't possibly know brands or the illusion of money immediately point to a Ferrari, and that I was misty eyed at the sincere joy of Vettel, his team and all at Ferrari that they were back last week to winning ways!!! ) you'd be absolutely right lol!

Glad you enjoy your brilliant 599 GTO to the full: us owners sometimes forget - whatever the model, age or even the irritations of Ferrari ownership - we are very blessed. Damn the coffee was strong

Happy Easter.

 

Well said Camlet1. We should never forget how fortunate we are to be driving our steeds. Happy holidays and cheers !

 

Gary- I do not believe either of those numbers or any numbers not out of Maranello. My estimate is 200-300 3 pedal 599s.

 

How many do you think are in the USA?

 

Agreed with Zarathustra. The key word was mentioned in the first post; rarity. Rarity and perceived uniqueness as one of the last Ferrari models to roll out of the factory with a manual gearbox. However, I would like to add another factor in the equation: financial markets. The S&P 500, Treasuries and other widely held financial instruments have been appreciating the last 3 or 4 consecutive years. This has led into an increase of disposable funds and appetite regarding purchases of this nature. The demand curve has shifted to the right. It's difficult to find manual 599s and owners of these cars are well aware.

In investment banking lingo; it's a seller's market.