Why isn't the FF dropping as fast as the 612?

So if the FF is so out of favor and terrible to most people why aren't their values plummeting like the 612s?

I see 2008 612s for around 130-150k with under 10k miles. Do the FFs just need more time? Just wondering since I wouldn't mind having one if it was the bargain the 612 is. I think the 612 is too plain but the FF is nice.

 

612's took a while to fall off the cliff as well.

IMHO it comes down to very limited numbers being produced. And original owners love them. Once the original owners move on,... prices will fall hard.

 

Limited production due to the fact that the V8 line is using much space in production and limited change from current owners to a new FF and trading in the old one.

Furthermore, the FF's that are in the second hand market have enough buyers that are willing to pay the price that is less depreciated than to be expected. This is partially caused by the fact that production numbers for the FF are relatively limited.

Take your time and just wait, that is the best advice. Or, accept the higher price.

 

I really don't care at all how much my FF drops in value! The FF is the best car Ferrari has ever made (THAT should start some crud from those that never owned a Ferrari ). The F12 certainly is faster, and maybe a little better but the FF is simply amazing. Hopefully next year I will be in a position to replace my FF with a brand new one with a couple more options and at that time I will see what the dealer thinks it is worth, but in 28,000 miles I have had $250,000 worth of FUN! I will admit that it would be nice to be worth what I paid for it but I've said it before, if you want to invest your money try Las Vegas but NEVER 'invest' in a car!

Rick

 

It is very impressive the comments about the FF....the ones who have never drove it says that is ugly and all that stuffs...but the other ones have amazing comments about it.And I dont know why I'm pretty sure that is a fabulous car like some say.Hope to drive one soon.

 

People who have never driven them don't know how phenomenal FF's are.

People who have not lived with one have no idea how REALLY phenomenal they are. (as in, test drives are fun, living with one is the test)

They are somewhat "controversial" for some.

They have all of the latest/best advances in technology, yet drive every bit as well as any GT and most sports cars (458, MP4 excepted)

I've said it before, but some may think it's a winter car, a quattro-killer. Nope - it's a Hyper-GT car that can perform in any weather.

Low volumes = low supply. The early cars appeared to be over-optioned (ergo, mega MSRP) so when first on the market, took a bit of a big hit. (see CNC's ad for the yellow-red FF). I was anticipating a bit of a wave when people who allegedly bought an FF to get an F12 spot happened. 2012=>2013 the effective MSRP dropped $17K, which some forget.

FF's will never be the keep-for-a-year-and-flip-for-more-than-MSRP car, they do appear to be on a stabilized depreciation curve right now (i.e. the cliff already happened, now just trending down). Clearly there are few cars and some are extreme (high miles, high MSRP options) so data points are hard to aggregate. Local market dynamics also play a role (e.g.. UK vs NA).

Just my $0.02. YMMV.

 

The play on the FF is to go through Ferrari and lease it. The closed end residuals are in the 60%'s after 3 years. They also have an 18 month lease. Ferrari takes the risk, you get to enjoy the car and not worry about depreciation.

 

612 prices hit the floor about two years ago. So given that they were around 2004-ish, it's roughly taken them 7 years to get there. Even then, the floor is higher than the 456's. I'll expect the FF floor to be higher still.

This is an interesting (UK only) site regarding how many cars of a given model are on the roads. Still not that many FF's
How Many Left?

 

And don't forget the FF's all weather capability which allows owners to take it on long trips from mild climes to winter resorts without fear. This opens the market to a different kind of buyer.

 

A few things to consider about the FF

1) CCB now standard (was not standard on the 612)
2) Engine is a monster engine (in 612, it was the previous 575 engine)
3) DCT

And..... I'm going on a ledge to guess the F12 and FF might be the last V12 produced (same 6.3L engine in F12, FF, and LaF).... see other threads regarding V8 Turbo F1 engine...

 

Best of them all that I owned ever.
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I confess that I use FF much more...

 

I used to day "If it doesn't have 450 horsepower then it is not worth driving", now I say "If it doesn't have 12 cylinders then it is not worth driving". No V8 can make the beautiful addicting sound that the V12 makes!

Rick

 

Hey Rick
Can you tell me is FF better for bumpy road than other Ferraris? I live in country side where quality of roadway is very low and owning car like F430 don't have sense.

-Adrian

 

I can only compare it to a 360, but the FF is FAR better on bumpy roads, and around here in Massachusetts that's all we have. In comfort mode, it is very livable, in snow mode it's even softer. I never drive in it and think "wow, I'm bouncing all over the place" like I was in the 360.

It's a heavy car with a long wheelbase - which both really help any jarring feeling.

 

I will agree with CarGuy. I can only compare it to my California, snow mode makes a very soft ride for the bumpiest of roads. Rain, and Comfort are where I put it when going for a long drive and it is maybe a little better than the California in Comfort, probably because the FF is longer. Sport tightens it up quite a bit but not nearly as terrible as a Chevy Corvette. My Cali has the magnetic shocks too, but only comfort & sport modes (and CST off of course)

Rick

 

Thank you Carguy84 and Rick, now I'm sure that FF is best option for me.

 

It used to be "You could'a had a V8." Now, it is "You could'a had a V12." (Sorry for the bad joke)

[ame=http://www.youtube.com/watch?v=ShcbV31tcAk]Salad Bar Could've Had A V8 commercial - YouTube[/ame]

 

Hi Rick,
I just got a 458 spider and I really enjoy her. I am thinking about trading my Cali. But I don't know what to get.

I was thinking maybe a V12 like F12. But then you are a big fan of the FF. Did you drive the F12?

I was also thinking Bentley Conti GT or RR Wraith or new Cali?.

Any thoughts?

 

I traded 458spider for FF. This is my second FF and I love it.
F12 is in someway scary to use all of its power. But I can use all the power of FF and do it with comfort of rolls. There are no car which can do what FF does, going fast and rides better than anything in the world in terms of ride quality.
Every time I get to the garage with 2 keys in my pocjet thinking I would take F12 for a spin and end up driving away in FF...
As for 458 and F12, 458 is easy to enjoy yet F12 demands right timing and weather.
In case of FF, you can enjoy it while using it like your bmw.

 

That's my take. There are many ultra high performance sports cars you can own but the FF is unique.

 

anybody ever figure out how to disable the ear-piercing seat belt buzzer?

 

This isn't right, at least not in the US. I'm looking to upgrade from my '01 456M to a 2005-7 612, and they have come down a LOT in just the past two years. Two years ago, there was no such thing as a 612 for less than $100K US, but now high mileage examples are in the 80's. There's even one on Auto Trader right now for less than $80K! I'm talking clean cars with no stories, not salvage title cars.

The FF is brand new. Expecting depreciation 24 months into a new model is not reasonable, and yet, my local Ferrari dealer has told me that the FF is already a soft seller and trade-ins are hard to move. I expect them to drop like rocks as soon as the original owners are out of the picture and the model is discontinued. There's a lot of room to go down from $300+K, and it's a 2+2 Ferrari, so it will take a big hit. That's just the way it goes in 2+2 world.

Count me among those who find the FF fugly - especially next to a classic beauty like my 456M - but it is such an amazing automobile despite the homely appearance that I'd sure like to get one eventually. I'm a 2+2 Ferrari kind of guy, and it's a 2+2 Ferrari! lol.

I made the monumental mistake of getting into an FF a few weeks ago. From the 456M it was like going from the Space Shuttle to the Starship Enterprise. Despite the... controversial styling, I think it's the coolest car Ferrari makes right now. No doubt that there's nothing else remotely like it.

Cheers,

George

 

No one knows what the market will bring for the FF. One scenario is that the market will stiffen as new buyers "discover" its virtues. Another scenario is that the original buyers will sell off and over supply the market. We just don't know. This is not a large market (600 per year?) and small effects can make a big difference. So if you have the means and can use the car the way it should be used, go for one. It is quite wonderful.

 

But nearly all FFs sold as used are being sold through dealers and they prop the value up which influences the private parties too. When the party is over these will crash, like the 612 and other 12 cylinder, 4 seat cars

 

Muhaha! The FF lures you in and then shows you such a good time it is hard to resist it! Personally I love the look of the FF but what really sells it is how well it drives. Combine that with the gorgeous interior and feeling of control in any weather situation and it's intoxicating. Such a great car.

I don't think you can compare the F12 to the 456 or 612. It will certainly depreciate but my gut says it won't drop in value the same way the older 2+2 cars did. It's just so much better than prior Ferrari 2+2 cars that it really sits in a class of its own. Plus it's 4-wheel drive, has a super-smooth DCT, the back seats can comfortably seat adults, and it has a huge cargo area. None of the prior cars had all of these features. I think they really found their niche. I hope they stick with this formula and layout.