Are There Any Low Production Ferraris under $100k Left?

My next Ferrari is going to be a 612, so I've been watching that market. You can find '05-'07 F1/a cars under $100K, but the latter and more desirable 612's are still significantly above $100K here in the US. As with most Ferrari models, the floor usually comes 8-12 years after the last model year. Since the last one was 2010 now to 2022 is a great time to look. The 612 is not depreciating as fast as the 456/456M did, and I believe that's because the design of the FF/Lusso is so polarizing. Some who love the 612 hate the FF, and there is exactly nothing to be done about that. The FF's have been dropping like a rock though, which should put more downward pressure on 612 prices, so I'm going to wait another two or three years. That's why I brought up the 456/456M at the beginning of the thread and not the 612. It's a good candidate, but they will depreciate more, I think.

Of course, the rare manuals will be out of sight soon, but the 308 and 360 have taught me I don't want a manual in a touring car. I do want shields on it though.

 

I think it depends on the market. Once i decided on a 612 i watched the market here in Switzerland for about 18 months before buying (which was about 14 months ago). In all that time (~2.5 years) the market definitely has not gone down but has held pretty firm.

Your point on polarisation between FF/612 does effect pricing but its not universal. For some FF is newer/better therefore worth more but others maybe not. They are very different cars. FF is digital era, very modern, complex but with everyday usability. The 612 is more analog despite the F1. Its the last of a long era of F133 engined V12s. Its more old school in terms of style and experience.

For me i could of stretched to an FF but it was not what i was looking for. Also top of 612 market often rises above lower end FF prices.

456 Manual is a good call. Quite fancy one of these too.

I also like 400/412 style wise but i remember horror stories of cars for sale back in the late 90s with $200k of service receipts that couldn’t fetch 10% of that.

 

I used to dislike the 400/412, but they seem quite handsome to me now. A manual 412 would be a wonderful car to have.

 

They have aged quite well.

 

612 is a great car and I love it - but it has quite a bit more production than the other cars. (Except the 6 speed of course, but that is 100K+)

612 = 3,025
412 5 speed = 270
456M 5 speed = 688
Mondial t coupe = 858

Also, I argue probably 5-10% of the 412/456/Mondial probably have already been parted out. With Ferrari already confirming production over 10,000+ a year - will the rare Fiat Era cars become a legitimate second tier behind the Enzo Era? Only time will tell.

Cheers

 

I once passed on a pristine blue 412 MT from Ferrari of Houston. It still had the plastic on the door sills. I'm thinking the asking price was around $35k. Last I heard it sold somewhere up New England way.

 

Thanks for posting.

My list has slight variations and 400i Manual & Automatic totals reversed. (Will not claim which is correct):-
1976: 400 GT - 147
1976: 400 GT Automatic - 354
1979 - 1985: 400i - 424 (1979 - 33; 1980 - 79; 1981 - 79; 1982 - 69; 1983 - 82; 1984 - 79; 1985 - 3)
1979 - 1985: 400i Automatic - 884 (1979 - 83; 1980 - 154; 1981 - 162; 1982 - 161; 1983 - 153; 1984 - 160; 1985 - 11)
1985 - 1989: 412 / 412i - 270
1985 - 1989: 412 / 412i Automatic - 306

 

348 Spider: 1091 produced
348 GTS/GTB: 240/237

All 3 had a more powerful engine & other changes over the preceding TB/TS.

 

thats a well sorted car.

Lappo Elkan drives one now just like that......so it will go up

https://www.google.com/search?q=lapo+elkann+400&source=lnms&tbm=isch&sa=X&ved=0ahUKEwi8j777jdrYAhUL5oMKHZPuDUsQ_AUICigB&biw=1274&bih=613

 

I love this topic. As much as I love my 8, at some point I would like to get a "lazier" car to have for the days i just want to relax and cruise. With Either an auto or F1 trans. I've always loved the look of the 456, even more than the 550 / 575 series. Seems like a bargain compared to a few other models and the numbers are low enough. My car is kind of rare being there was only around 558 LHD 8's produced, and I forget how many were US spec, (Mine is euro spec) but even though it's undesirable to most, there's probably more Enzo' s left than euro 8's. So to each his own in a way. I don't think any of the suggested cars would be a bad choice.

 

OMG!

 

as always very cool Nigel - thank you.

 

The 8 got 2 bad 0-60 reviews in the "potato-in-the tailpipe" method of US EPA regulations that were echoed around the automotive world. The euro spec should have more "oophm." Little known is the 8 was unanimously reported by all reviews to be the best handling Ferrari as of 1980. Enjoy as Pogson does!

 

Yes i believe so. Its all relative and over time these numbers will look very low compared to the likes of production numbers seen on F cars over the last 10 years and predicted over the next 10.

Also the numbers of buyers are also increasing. This means more owners of modern Ferraris that will potentially be looking for something classic for those ‘special days’.


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I had my 456M GTa for 5.5 years, and drove it 27K miles in that time. Two epic vacations in there. It is just what you said, a cruiser, but a fast and competent one.

 

Very interesting thread. I started my Ferrari ownership with a mnual 1999 456M that I had for three years. It was a lot of fun, but not sensational. Then I was without a Ferrari during the worst recession years (2010-2013). Then the desire of the manual V12 torque experience combined with the very low price low economic current time, made me pull the trigger on a 550 that I bought for 33.000 euro in Modena from a big BMW dealership who had taken it as trade on a new 640i. It the time, my now close to perfect 550 was a bit rough, but during the years I have had a great experience doing a few upgrades and new paint in 2016. I totally LOVE this car. When driving it home from Italy to Sweden, we had exactly 200 mph. on the speedometer which still is pretty damn impressive. The 550 is much more interesting than the 456. You have lighter car with more power and revs better. It flies all the way up to 8000 rpms! You sit differently, and have a longer hood (more interesting to park). The front spoiler is crazy far away from your driving position... I hope I can own it until my heart stops beating, but this is (hopefully) about fifty years in the future.

When looking at the workd's most expencive car EVER, it is the 250 GTOs. With a sales price of over 40 mill dollars US, that thing has a unique position in the history of the automobile (at least it is by now). US 40M is a vast amount of money.... which car looks the most similar to the 250 GTO? Simple answer. The 550 Maranello. It has very similar shape - seating- engine - gearbox - transaxle - parcelshelf - headlight-in-glass - fog light - rear spoiler lip - side air vents configuration etc... The early series of a model is often prettier than the face lift versions (as I considder the 575 to be). For example, the LP400 Countach is worth about double than the later models as it is the "original" Countach design. And the strange thing is that the 575 is more rounded and modifyed in the front, but except for the top edge of the rear bumper, the rear end is the same... By looking at the two, the 550 is definately a prettier car although the 575 might be more modern. The manual is also better for a DIY owner as it is more simple with less possible problems you can't fix yourself (F1 system, two electronic throttle bodies, four really restrictive catalyzers instead of the two on the 550 etc.). The 550 Maranello has also an exceptional quality so few problems. Still a usable car every day if needed with airbags ABS, traction control (really important when driving in spring/fall when the tires are hard on wet surface or ice). The 550 also has a lot better working window mechanism than the 456/456M cars. They are notorious for having problems with the side windows not closing perfectly, and leaks and air noice as a result. And not many can fix them. The 17" wheels look too small for the 456, wheras the 550 has 18". It is a good compromise between looks and comfort. Another thing is that the Maranello cars a very refined styling which still looks expencive and is very typical for the 90-ies Ferrari in my opinion. An evolution of the 456 and also 512M (front) design which might not be that sucessfull. The 550 looks PERFECT from EVERY angle which is not something many cars can be known for. You can still get a Maranello in Europe for under 100.000 dollar! Go get one before it is to late and enjoy the 200 mph. club. It ks the only car I can think of that the brakes will make the front wheels skid while the rears pull and the engine runs without touching the throttle pedal!


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I also own a 550 and couldn’t agree with you more! Well said my friend!!!



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PS. The 550 may not be a real low production car, but femember that this was the successor or should I say replacement of the Testarossa/512TR/512M cars, which now offered the drivability and practical experienced that the former lacked, so the 550/575 cars were used by many owners as daily commute to work etc and the remaining numbers are much less than how many were made in the first place! Compared to the 360/430/599/612/FF/F12 etc, they are auite rare and how often do you see one on the road except for at car shows, cars & coffe etc? I have been driving through europe several times, driven up and down the French riviera and Italy for the last and I can remember every time I saw one, as a silver 550 was driving past the Casino in Cannes during the film festival when I had just bought mine, a blue 550 was parked outside a classic car dealer in Monaco this winter, a red 575 was in a dealer in Como and looking at Fabio (the man who get 599 GTO sound in his 575 with different headers he have done himself!) and that is about it!! I have driven about 25.000 kms in southern Europe visiting the Ferrari factory three times, been "everywhere" and they seem to be too old for being driven, just like a real classic as a 275 etc, while there are hundreds of the more recent models to see during these 25.000 kms of discovery, so the more I think of it, the more I enjoy life as a 550-owner! I expect these cars to further rise in value because it is a perfect enthusiast car which check all the boxes for most everybody. And for me the driving experience is the most and greatest thing and as a result I have driven it soon 40.000 kms in my ownership and has now 117.000 kms. When specialist workshops several places in europe report that they have had several Maranellos with over 300.000 kms without a single engine overhaul job, then I am thinking that this is a gift from God, and that the nonsence and ******** with milage concearns in US for a 80.000 mile car is just a win situation for the guys "brave enough" to buy one with high milage.


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The one that comes to mind is the 348 Speciale. Only 100 car were built for the US only. It has a few cool updates over the regular 348.


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A good Ferrari mechanic has no problem resetting the windows so they are tight and quiet. It was the first thing I did to the car when I got it, then it was fine for five years. I also replaced the 18" 550 Barchetta modular wheels that came on my 456M with the stock 17" wheels, and the extra sidewall made the car ride a lot better. Those wheels won some sort of design award back in the day too. And the car was still awesome on the track.

Don't forget that Michael Schumacher was the Ferrari test driver responsible for setting up the 456's handling at Fiorano, so in stock form, a 456 handles like Michael Schumacher thought it should. I can attest to the fact that it is a very competent car on a circuit. I did have Delta Vee revalue my shocks to 575M FHP spec, which made the roll rate a bit slower without otherwise affecting the ride. The automatic was the weakest link in the car as far as performance is concerned, but I sure was glad to have it while touring and stuck in traffic.
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Those indeed are very special cars, but I think very hard to find a good one below 100k now.

Cheers

 

The Testarossa is a great car for the money too!


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Updated with latest contributions:
400 (5sp) = 147
208 GTS = 160
208 GTB = 208
348 GTS = 240
348 GTB = 237
208 GTS turbo = 250
412 (5sp) = 270
412 (A) = 306
400 (A) = 354
456 GTA = 403
400i (A) = 884
208 GTB turbo = 437
308 GTBi = 494
365 (5sp) = 524
Mondial QV Cab = 629
456M GTA = 650
456M GT = 688
Mondial 8 = 703
Mondial 3.2 Cab = 810
208 GT4 = 840
Mondial t = 858
400i (5sp) = 424
Mondial 3.2 = 987
Mondial t Cab = 1,017
348 Spider = 1,091
Mondial QV = 1,145
456 GT = 1,548
308 GTSi = 1,743
308 GT4 = 2,826
308 GTB = 2,897
612 = 3,025
---------------------
Production Accross Full Line (including all variants)
365/400/400i/412 Line = 2,305
308 GT4 Line = 2,906
456 Line = 3,289
Mondial Line = 6,149
348 Line = 8,844
308/328 Line = 14,524

Putting myself in the shoes of the OP, if I had to look for one car to fit the bill, a 412 5 speed during the next downturn.