Predicted FF bottom for early used ones?

I think it is more like $15-20k per year... The 2014 are the ones to buy if you find one, pretty cheap vs the 2012s. The 2014 are at least $50k less than anyone would have expected for a two year old V12 4 seater Ferrari.

4 year old early 612s were welling for 30-35% off MSRP, mind you that was right in the midst of the financial crisis.
4 year old early FF are selling 50-60% off MSRP.

Both are in the $170-180k range. Conclusion: Ferrari price increase for the FF wasn't validated whatsoever by the market. Same is happening for 991 Porsches... Grab an FF while you can.

 

wait, are you saying this is the floor? buy now because it's near a bottoming? Feel the price won't drop as quickly but it will be a bit lower.

but, like said heck of a lot of car even at these prices.

 

I've noticed this about 2014s as well. To me though, the 2014 only makes sense if it has a Pano roof. Otherwise, why pay a premium for one v.s. a 2012? With the 2014, you just have more depreciation in front of you (v.s. the 2012). Unless a year's worth of warranty left (on 2014) is really worth a $20-30k premium to you (and how could it be when you can simply purchase a warranty for much less than that?).

Anybody with a FF pano roof option want to straight trade me for a gated 360? Swap your depreciating asset for an appreciating one? PM me. :^)

 

I agree with you and I think the answer to all this is simply that the 2012s are overpriced. And that the 2014s more accurately reflect market values. My guess is that some dealers did not plan for this depreciation and paid more for inventory than expected and are now underwater on 2012s. As the 2014s and 2015s are being traded-in, dealers are adjusting their wholesale pricing, but still have 2012s at a higher basis. Given the small number of these cars made it must be challenging to price a trade-in knowing that it will likely sit in the showroom for several months.

I'm in the market and am watching prices fairly closely and there are a number of dealers with multiple 2012s in stock and where prices have not moved much/at all in many months. I use cargurus and the website will tell you historical pricing for a listing and also how many days a car has been listed.

 

The above had nothing to do with the bottom. Best guess around here is the bottom will be around $100k in about 3-4 years...

 

612 at 4 years in wasn't comparable to the FF in that there wasn't a replacement for the 612 coming for another 3 years while the FF replacement is starting production.

 

I think we maybe forgetting that in the latter years of the 612 the world was in the worst banking crisis since the Wall St crash and prices were on the floor as finance dried up.

Now is a different time and place

 

Except for FF used prices...

 

Not entirely true, there was the Sessanta then the OTO...

 

Those weren't new models, the car wasn't really changed unlike the gtc4lusso.

 

from our standpoint, that is so low, regardless, that we would snap one up in a heart beat.

They seem to be so well serviced with the warranty that don't believe there would be many issues.

r

 

I made many offers over the last 2 months on FF's trying to get the best price.
Here are my findings:

2012's: Offered $170K-$175K-was rejected(cars with 5k-10k miles) If they had a certified warranty the dealers would take high $170's to 180K

2013's: Offered $170-180k was rejected on all. Ended up buying in the 190's just below $200K for a $210K offered car.

Did not look at 2014 or 2015's

I discussed pricing with many of dealers to whom I was making the offers and trying to justify my offers-- it was clear once the cars were in the low $200K range or broke the $200K mark they tightened up and would not sell unless you paid close to asking. Makes sense as the Lusso comes to market at a higher price and more important many see that can buy a $350K+ Ferrari for $200K or less which is the best driving and bullet proof Ferrari built.

 

I have a buddy who had another buddy beg him to buy his FF because his wife wouldn't let him have both an Aventador and FF. My buddy got it for a "steal" and now really loves and appreciates the car. Surprised prices are tanking as it is a whole lotta car. Problem is not many realize it's a whole lotta car. Good "experimenting" price is $125-175k. $350k-400k for a daily driver is out of many's league. surprised prices took a dump that fast. 50% depreciation off MSRP is the cost of another used Ferrari. You'd been better off putting 50k miles on a Speciale and driving the **** out of it. I'm looking forward to $125k FF and driving the **** out of it and selling for $90-100k.

 

And yes I think the FF looks almost perfect for what it is. Lusso for 2-3 times the price of a used FF. Hell no! FF all day baby.

 

In the other thread there is a 2012 with 17k miles offered at $179k from a dealer...

 

Very helpful. Thanks for the data points.

There is a new listing today from a non-dealer for a 2012 at $159k, with 25k miles. Base options (does have cf steering wheel) and a blue/tan custom interior (that is very "specific"). I think that is a new low "ask" for a 2012. Distinguishable, however, given the mileage and spec.

The lowest priced dealer listing is a 2012 at $169k and 21k miles. Nero and Cuoio. Base options. That's a car that has been listed for several months.

 

The market is leveling or has leveled off in the last year.

And to go along with the above numbers ... if you want to get a lower miles 2012 (under 5000) with a great build, right now it's around 185-190.

It's worth repeating ... if you buy an ugly car/lesser build, with high miles and it's not in the dealer network, you will pay the least. And good luck selling it. You will need another person like you.

The more beautiful colors (to most people in the US) are in no order: white, black, the grigios ... and red a distant 4th.

Well optioned cars are always more money because more people want the options. Those options are, LED wheel, pano, split spoke wheels., full electric seat, cameras and homelink.

Personally I love the daytona seat with contrast stitching, and paid more for that, but that's just me.

 

white? you gotta be kidding? one of the most beautiful colors for the FF? that is laughable

homelink and wheels are desirable? mmmmmh

LED wheel really?

you literally just make **** up

 

to anyone reading this thread pls be aware that there is no such thing as a good or bad build. some people like certain options and others don't. ANYONE who has any experience knows that the more options a Ferrari has the more money ur likely to lose on it when you sell it if ur the first owner. that is a fact. And in the secondary market well optioned cars bring it slightly more, if that.

 

When is your build going to happen ?

 

my FF build? happened sometime in 2011 I guess - I had the first FF delivered in the northeast. I still have it

 

Oopps...wrong thread...I meant the TDF.

 

oh lol yeh my order is in

 

Well, the one I buy will be white, have a LED wheel, home link, cameras, lift, pano roof. I'm less fussed about the wheels since those are easily swapped.

The LED is a *must* for me. Home link - yah, I mean who wants a stupid Genie hanging from the visor...not this kid.

 

clearly white FFs are in a minority so to say that thats a very desirable color is just false. if it was a very desirable color you wld see lots of white ones, and you just don't.

if you take you car on the track LED might be useful. on the road its a non event.

homelink - I find it hilarious we are talking about a 700 hp v12 and homelink is a concern. The garage door openers work fine in an f40 so no issue having them in an FF.

pano roof? too long of a car - pano roof on FF makes me think of my LR4. you like it, get it. when your driving the car you can barely tell you have it.

a used FF that's heavily optioned is maybe worth 5 to 10k more than one with no options - how do I know? I bought a 2012 with every option I cld find and as ive said before, it aint worth crap today.