FF Values

Looking at the sales graph in the UK explains quite a lot about how values are what they are. With 20 registered in 2011 and most were over optioned with all options chargeable and some were press cars or demos it's no wonder with often 20 -25 k miles they are at 150 -155k plus they were first gen hardware and so late software updates wont load.
Then in 2012 86 were registered mostly to private owners who still have them. After May 2012 hardware and software improvements were applied but still most options were chargeable. They are now at 160 - 170k with only a couple for sale but only 28 were registered in 2013 despite many options now being no cost. Fewer cars sold so choice limited and prices are at 175 - 190k.
Another 30 odd were reg in 2014 and many had glass roofs etc and the few available are 200 -240k.

The consensus in the trade is they got better over the 3 1/2 years and residuals show it

 

That looks to be about 10% lower. Could be US import and VAT taxes are a bit lower.

 

Like all new models the desire to own early creates demand that is usually taken up in year two ie 2012 when 86 were registered. Once early demand has been satisfied then steady sales continue at much lower volumns.

The early versions did have some software issues that were resolved and I agree that would not harm desirability but with only 20 registered and only 3 2011s on the market, all of which are either highish milers, well used demos or not the most desirable spec it is still very encouraging to see the cheapest 2011 at £150,000. But the fact still remains that 2012 models generally sell sooner than 2011 models.

I have ordered an FF for July delivery in Silverstone / full beige leather (old beige not the baby cack colour new beige tradizione which for some reason has what looks like a fabric backing suggesting it maybe fabricated leather of some sort) Diamond cut wheels / Sus Lifter / carbon steerring wheel etc etc and you are correct in that the dealer was generous but then once year two of production is out of the way there is always the potential for a deal.

With the facelift model launch due in March next year and first deliveries in the UK planned for September 2016 I saw no point in waiting as I have been assured by Ferrari of no metal changes, but tweaks to the design of front and rear bumpers/fenders plus a small power boost and an 8 speed box which will in practice to some be bl00dy irritating if you like using the paddles as you are never going to be in the right gear long enough to enjoy it unless you are autostrada bashing. It may be the 8 speed box will only be in the V8 to enable performance demands but more than likely in both for enconomy of scale reasons. The Apple car play, suspension improvements, 4 wheel drive software upgrades are in current 2015 models and as standard so are many features previously charged for such as adaptive lighting, tyre monitoring, camraras etc.

With so few used examples available in the UK prices seem to have settled and when the 2016 facelift V12 is launched it is fully expected to be a bit more expensive allowing the V8, if available in the UK, to sit just below current prices.

 

I think you are right in regard to the impact of V8 on existing V12 versions. For a start the purchasing stats would result in fewer V12s being sold here and as the last of the purist version they can only go one way......up.

The 456 was very old tech and expensive to keep and run so residuals reflect this albeit a pretty car in some colours. The 612 had slightly newer tech but still very much analogue whereas the Cali, the 458, the FF and F12 are the new digital era Ferraris and all are holding well.

IMHO I put it down to; new found reliability, proven durability, better fit and finish, extended service plans, ease of ownership and most of all easy to drive and look like you can.