Can a non Ferrari prior owner get a GTO??

I own a 612 bought it used. I am sort of lacking in the patience arena, anyway I called the Chicago dealer and they put me on a list - whatever that means. He did mention how agressive am I about it, which equals are you willing to write a fatter check vs the other guy.

They told me that of sales are strong I was out if no fat check was to be written, but if sales are weak I have a chance. No way am I paying over sticker for anything. I have reeceived e-mails that I can now get a 458 by fall. Problem is I have always loved 12 cylinder cars.

 

I'm pretty sure the only way you could get a new GTO is used as you're credentials have to be sent to Ferrari to approve you for the car. The 458 is a whole other issue as these will be relatively mass produced compared to the GTO.

 

I have a hard time believing that they are going for $300k over sticker.

 

Im pretty sure he is BS about $300k+ for "spots". Maybe one crazy guy did buy a spot for $300k but i doubt it is happening over and over.

 

+1. You'd have to be mad. That's more than half the car.

 

I dont know - there are extremely wealthy people that want what they want, when they want it. Look how many guys paid 200k over for a 599 - if you have jets and castles you justdo not care. Look at Celebs buying 500,000 watches.

 

Hopefully anyone paying 300K over won't be passing on their genes.

 

I have the same problem!

 

Seriously? They think they'll get that?

WOW! Even that kid up north wouldn't do that!

 

Who is the kid up north? LS?

 

People paid $200k over for a 599 because they thought they could drive it for a few months and sell it for what they paid for it, or a bit more. I don't think that anyone thinks that about the GTO, or any other new Ferrari these days.

 

Ditto.

New Unsold Ferrari's are selling for below msrp. at Authorized Dealers this week.

 

I don't think your going to see any 599 GTO's selling below MSRP. Maybe someday....But not today.As to the OP's question. I seriously doubt it.

 

Ur right - but still stupid at the end of the day given it was not a limited production.

Here you have a different animal - A Ferrari GTO limited production beast.

They smart money says no way - I still say there is a lot of stupid money!

If you can explain the Sessenta 612 to 60 guys or whatever the number was, explaining a GTO to the same or simlar group seems like a no brainer.

 

Ditto, again.

Anyone in US that wants to buy a GTO has to be approved. The dealer gets an allocation--all 1, some 2--possibly a few 3. They submit "particulars" on a buyer(s) directly to FNA. FNA gives the thumbs up/down. They can lobby but the info specifically asks for all previous Ferrari's owned, serial numbers, and time owned.

In theory, all are expected to be loyal, experienced customers with a tilt towards past owners of 12 cylinder Ferraris. All are expected to be financially capable. They are expected to have no nasty things in their background that would be embarassing to Ferrari or the dealer. All are to be known owners--those who keep their cars for a while, not simply check writers/buyers/sellers. In essence, GTO's are supposed to be sold to "family" in the Ferrari sense. Thus with this vetting, the number of "immediately used" cars (and big surcharges on sticker) are expected to be reduced drastically.

In practice, I'm sure they'll be a few of these "used" cars quickly on the market--the upside is likely going to be too good and so some fool or two will ruin their relationship by flipping a car--or he'll die after ordered and his estate will sell it as an asset. A few more will hit the market when the Enzo replacement is announced as some GTO owners will also be allowed to purchase this car.

But I seriously doubt they'll be many (if any) never before Ferrari owners offered a dealer allocation in the US, celeb, big rich or drug lord.

Best options if you've never owned a Ferrari before, have the money and want a GTO...wait a year or two and pay up as the Enzo replacement hits OR find a dealer you like, buy the store--which takes FNA approval--and then give an allocation to yourself

 

Ferrari will not be able to sell 599 GTO's. IMO. and soon we will know.

the cars will be sitting on dealer's lots. just like 'limited' 16m's are. anyone checked the state of the economy lately?

these posts are so silly about being 'picked' to get a car. they will make as many cars as they can sell. you can't give a 599 gtb away nowadays. lightly used cars are 'no bid'.

 

I hope there are GTO's sitting on a lot. If there are I will get you one of those 599's they are giving away when I pick one up.

 

then I'll have two!

get me a 6-pack instead.

 

My son, who is 18 years old and has good common sense (gets it from his mother), has pointed out a new economic indicator. He calls it the DuPont Registry Indicator.

He has looked at the DuPont Registry going back about 3 or 4 years and noticed the significant decline in private ads for Ferrari, Lambo and Rolls cars. He has noticed a constant or slightly higher incidence of ads from dealers, but the private individual ads have declined dramatically. He pointed out that the current issue (Yellow Lambo on cover) had only 2 pages in the Ferrari section and half of the cars there weren't Ferraris.

His hypothesis is that this is a slightly lagging indicator and prices are still in decline. Private owners simply are not spending money on ads for lower prices, and will not run ads until prices pick up and their ad budgets are replenished.

My thoughts are that he has more brains than Geitner.

 

The 599's on ebay are selling and bids are active. There are a few nice ones asking price 260 -285 and bids are within 10-15k of buy it now.

 

My hypothesis is that print media is in secular decline, and the DuPont Registry won't be around in paper form in 3 years.

 

whats the price of love?
money buys everything
even a GTO

 

my thoughts:

- a limited edition with a plate showing XXX over 599 is not a limited edition (just remember 399 F40 finishing over 1300 samples, and how much enzo produced?),

- yesterday some articles in Europ were mentionning a possible decrease of 10 % employees inside the scuderia,

- there is still GTO's available for sale in Europ,

- you don't need to show (in europ) that you were owning ferrari's in the past or even today to place an order for a GTO, and if you want a 430 scuderia there is still some new models available,

- no problem to place an order for a 458, excepting the delivery schedule, same as for the GTO,

So, for the first time since few years, a normal market for ferrari!

 

You might be able to get a GTO, who knows, just keep asking. Dealers in the US have already notified their choice of customers and FNA already has the information for the US GTO base allocation.

But here's the deal, there may be an allocation that goes unfilled (very possible) and simply tell your dealer your serious and see if they can get an allocation from another dealer that cannot sell their GTO.

As a first time buyer, offer a deposit but it should not be required. They will most likely use your interest to snag another allocation anyway.