612 prices once new 2011 comes to market | Page 2 | FerrariChat

612 prices once new 2011 comes to market

Discussion in '612/599' started by popsmuf, May 31, 2010.

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  1. donv

    donv Two Time F1 World Champ
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    Jan 5, 2002
    26,097
    Portland, Oregon
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    Don
    FML is probably a better resource, as most Ferraris end up there at some point and VINs are required-- so you're not seeing the same car over and over again.

    In the current issue, there are 5 612s-- 2 2008s and 3 2005s. There are 9 599s.

    Get this, though-- there are 44 430s (not counting 7 Scuderias and 2 16Ms).

     
  2. technom3

    technom3 F1 World Champ
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    Mar 29, 2007
    18,547
    Phoenix AZ
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    Justin
    but how many people are looking for 612s?

    how many 612s were built vs 599s year by year?

    There are less 612 buyers than 599 buyers in my opinion.
     
  3. donv

    donv Two Time F1 World Champ
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    Jan 5, 2002
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    There were many fewer 612s built each year compared with 599s. The 612 production line was only about half the size. However, the 612 has been around longer than the 599, so the total number of 612s produced, while probably less than the total number of 599s produced, may not be as low as one might think.

    Either way, I agree-- there are fewer 612 buyers, and fortunately, fewer 612s!

     
  4. champagne612

    champagne612 F1 Veteran
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    Mar 28, 2009
    5,725
    Good question - Ferrari is asking a lot from their customers at mid 300's, a nice 458 is in the low 300's. Scary territory for sure!
     
  5. tundraphile

    tundraphile F1 Veteran

    May 16, 2007
    5,083
    Missouri
    Historically the 2+2 have bottomed out at roughly 25% of MSRP for a normal used car with perhaps 30-40k miles. I see no reason to think the 612 wouldn't do the same, so call it $65k for a typical example.

    Unlike the prior cars though, the F1 transmission may be a turnoff to potential buyers. It certainly has tanked values of the Quattroporte in just a handful of model years.
     
  6. champagne612

    champagne612 F1 Veteran
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    Mar 28, 2009
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    612's are 125 - 175

    599's are 225 - 325

    People can drive a 612 as a dd - I think you will see 612 owners turning the odometers to
    mid ten digits, justifying depreciation.
     
  7. champagne612

    champagne612 F1 Veteran
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    Mar 28, 2009
    5,725
    interesting I had no idea
     
  8. toddtim

    toddtim Rookie

    May 4, 2010
    44
    Lubbock, Texas
    Full Name:
    Todd Timberlake
    I happen to love and appreciate the design of the 612 as well. As I am sure many of you have noticed (and probably pointed out on F-Chat in the past) the 612 takes many of its design cues from the 375MM (Ingrid Bergman)...this is a common oversight by many skeptics. Preaching to the choir here, but it is simply a gorgeous design. I am actually rather happy that it is not for everyone. Sure am anxious to see what happens to the price when the 2011 gets here.
     
  9. 2000 456M

    2000 456M F1 World Champ

    Sep 29, 2007
    12,600
    Portland, OR
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    Allan
    #34 2000 456M, Jun 3, 2010
    Last edited: Jun 3, 2010
    Cars.com and Autotrader.com had pretty much the same 26-27 612s listed, several of which were, of course, also on ebay. Lowest asking price around $100K for a 2005 with 30K+ miles. Aesthetics are very personal, of course. I really like the 612, but my Porsche-owning brother thought my 456M was better looking.
     
  10. popsmuf

    popsmuf Karting

    Jun 20, 2006
    164
    SoCal

    I'm curious to the statement above... Almost all 612s come w/ F1, and since you "cannot" buy a Ferrari in manual any longer, why do you think the F1 will tank the values as opposed to a manual 612?

    I would almost think that a manual 612 would lose value in that as a GT car, one would rather see more up-to-date technology rather than shifting gears?
     
  11. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    Not to the potential buyer that's looking for one. Although the F1 tranny may be the choice for most 612 buyers there's still a segment of the market that prefers the rare and more sporting 3rd pedal even in the GT. Not sure it commands any premium at this time however, I also don't see a depressed market value vs. the F1 either. And talk about rare, how'bout a 3 pedal 612 with GTC package!
     
  12. champagne612

    champagne612 F1 Veteran
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    Mar 28, 2009
    5,725
    I have a two pedal GTC package and love it, three pedal very cool too.

    This is my first Ferrari and the first time I kept a weekend / dd car over a year in a long long long time. The F1 vs the stick was a road Ferrari shouldhave never closed. THey could have just charged out the wazzooo like everything else.
     
  13. Morgie

    Morgie Formula Junior

    May 3, 2005
    435
    SF Bay/Carmel
    I intentionally bought a 6 speed with the GTS package because it is pretty rare, will be easier to maintain in the long run, it is a classic combination, and I will never be frustrated with a "slow" F1 vs. the ongoing improvements in F1 shifting technology. A manual will always be a manual, if you know what I mean.
     
  14. michal12

    michal12 Karting

    Dec 13, 2005
    143
    $160k ?? Wow.

    I just checked what offers are on cars.com. Most between $225-245k for 08 cars. So does it mean the real market is so much off the advertised prices??



     
  15. AMA328

    AMA328 F1 Rookie

    Nov 12, 2002
    2,518
    ABQ-67me68-OKC :)
    Aren't new 612's available as special/positive order only these days? If so, I wouldn't expect to see many in the pipeline, other than the odd one out at an occasional dealership.
     
  16. AMA328

    AMA328 F1 Rookie

    Nov 12, 2002
    2,518
    ABQ-67me68-OKC :)
    Fortunately(for Ferrari), with the Euro down a lot vs. the $$$, profitability in the U.S. should be up, so they will likely have more flexibility in pricing new models over the next couple of years. Of course, whether Ferrari will act upon this is anyone's guess - they are based in Italy, aren't they? :)
     
  17. champagne612

    champagne612 F1 Veteran
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    I hope their future profits are not relying on the forecast of currency exchange rates. That works both ways when you are a global enterprise. You are correct in it should help the US buyers. A daily driver 612 at 350k will be really hard to swallow - when they drop 20 -30 % the first two years - jus sayin that the 612 lends itself to a dd type owner.
     
  18. darth550

    darth550 Six Time F1 World Champ
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    Jul 14, 2003
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    Unfortunately and undeservedly, GT2+2 F cars have always depreciated at a rapid rate. Sub 100 is inevitable but next year, who knows?

    Can't go wrong with a 612 though, they're cool as hell! :D
     
  19. champagne612

    champagne612 F1 Veteran
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    Mar 28, 2009
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    Agree - but I also understand it is not going to evolve to a classic ferrari. The 612 IMO broke the barrier but time will tell.
     
  20. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    The 160K offer is obviously wholesale and like all of us dealers are in business to make money. However, advertised prices are just that and typically have little baring on the actual market. Do you homework prior to purchase and play hardball when the games on.
     
  21. malebomb01

    malebomb01 Formula Junior

    Mar 10, 2010
    707
    Big D
    Here are a couple 05's

    03/10/09 W PALM Lease $105,000 13,771 Avg BEIGE 12G P No
    05/27/09 NADE Lease $123,000 8,102 Avg BLUE 12G A No
     
  22. bayareaferrari

    bayareaferrari Formula Junior

    Dec 19, 2004
    672
    California
    I have been looking hard in the past few weeks to buy a 612. Per my comments you can buy them under $100K now. They are great cars and will be hit even harder by the new 612.

    2005 F-1 w/15K miles $108K
    2006 GTC w/9K miles $140K

    These are asking, not sold. Most have had the cars for 3-6 months.
     
  23. WCH

    WCH F1 Veteran
    Owner Rossa Subscribed

    Mar 16, 2003
    5,186
    2005 F-1 w/15K miles $108K
    2006 GTC w/9K miles $140K



    To be fair, without information about condition and all important color combinations, naked price data like this isn't that helpful.
     
  24. bayareaferrari

    bayareaferrari Formula Junior

    Dec 19, 2004
    672
    California
    Sorry--both are black one with tan interior/ other had brdx interior..
     
  25. TitanoF1

    TitanoF1 Rookie

    Aug 28, 2004
    11
    Riverside, Ca
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    Bob
    Hi all. I just saw a black/black 2005 612 sell on Ebay for $85000. Granted it was a high mileage car (35000) but it looks like that is going to start lowering the bar for others.
     

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