612 OTO market values higher than FF | Page 14 | FerrariChat

612 OTO market values higher than FF

Discussion in '612/599' started by MoeD, Aug 29, 2015.

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  1. Dave.0

    Dave.0 Karting

    Jan 3, 2015
    149
    Sedona, Dallas
    Here is another data point for market research -

    I just posted my 2010 612 for sale on this site. I think I priced it "competitively". We'll see.
     
  2. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,164
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    I have posted this before and you have to remember most of the 2008 612s were interim models and pre-OTO. US (not including Canadian) production numbers from NHTSA.

    2008 94
    2009 29
    2010 26
    2011 1
     
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  3. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,255
    Amazing they trade for such poultry amounts


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  4. Alcav5

    Alcav5 F1 Rookie
    Rossa Subscribed

    Jul 28, 2012
    4,079
    Scarsdale, NY
    Full Name:
    Al
    I'm curious. I thought '08 was the Sessanta model year, if that is true would it be for all '08's or was it that designation if ordered as such?
     
  5. Cobraownr

    Cobraownr Formula Junior
    Silver Subscribed

    Feb 6, 2008
    944
    Edgewater, MD
    Full Name:
    Donald Silawsky
    Sessanta was 2007. 60 were produced. I have seen 612s advertised as 2007 model year and not Sessantas, so figure the Sessanta was a special model made in addition to the regular 2007 612, perhaps akin to the 458 and 458 Speciale.
     
  6. randkin

    randkin Formula 3
    BANNED

    Aug 2, 2015
    1,497
    Somis, CA
    Full Name:
    Randy
    I believe the model year for the Sessanta was 2007 so the 60 cars would not be included in those figures Taz posted.
     
  7. FIN612

    FIN612 Karting

    May 10, 2017
    118
    Finland
    Sessentas were manufactured at the same time as 2008 pre-OTOs , first ones S/N ~157100 ( Sept 07 ) and the last ones ~159000 ( Feb/March 08 )
     
  8. MRY

    MRY Formula Junior

    May 14, 2015
    384
    Monterey Peninsula
    Ok, so 150 OTO’s made for the USA of the 350 made by the factory?


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  9. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,164
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    No, most of the 08s were not OTOs. Probably similar figures for 08 OTOs of 25-30, but that is a pure WAG. They were all special order by then. Safe to say way less than 100 US OTOs.
     
  10. randkin

    randkin Formula 3
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    Aug 2, 2015
    1,497
    Somis, CA
    Full Name:
    Randy
    So were they both 2007 and 2008 model years?
     
  11. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,255
    amazing how little the OTOs trade for - such a beautiful design and so much fun to drive
     
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  12. donv

    donv Two Time F1 World Champ
    Owner Rossa Subscribed

    Jan 5, 2002
    26,107
    Portland, Oregon
    Full Name:
    Don
    Ferrari doesn't really do "model years." They were whatever year they were produced in.
     
  13. MRY

    MRY Formula Junior

    May 14, 2015
    384
    Monterey Peninsula
    Ya that makes sense, as I remember someone saying 50 US OTO’s made of the 350 total built and 60 sessanta... but maybe it’s less than 350 total if they only got 400 radios from bose....

    Italians, gotta love them [emoji23][emoji23]


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  14. MRY

    MRY Formula Junior

    May 14, 2015
    384
    Monterey Peninsula
    Yes, someone told me I should buy all that I see and stash them away for a rainy day.....

    Be nice if I could sneak it past the better half [emoji23][emoji23]

    Death came to mind so it’s not happening [emoji16]

    That tdf is pretty... and at that price someone should just buy it quickly...

    I remember when 250 GTL’s were cheap.... can’t touch them now....

    Anyway, c’est la vie..! [emoji106][emoji2534]


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  15. FIN612

    FIN612 Karting

    May 10, 2017
    118
    Finland
    Here VIN for one of the first Sessentas: ZFFJB54A670157106 , which tells that it's MY07

    "The 10th digit designates the model year and is used only on Ferraris manufactured for the North American and some Middle East markets."

    If you look at VINs for the European market cars, you can not see any MY. Like these Sessentas: ZFFJY54B000157497 or ZFFJY54B000157105 .
     
  16. F612

    F612 Formula Junior

    Feb 5, 2018
    643
    Leeds,AL
    Full Name:
    David D. Hood
    M
     
  17. gburkett

    gburkett Karting
    Silver Subscribed

    May 25, 2012
    80
    Austin, Texas
    Full Name:
    Glenn Burkett
    Just to discuss the number of OTOs made a little more , we can see from the data Taz shows that a total of 56 US cars were made in 2009-10 and 11. All those model year cars were OTOs during the recession. The question then really becomes how many 2008s were regular production versus OTOs. All OTOs had the manettino on the steering wheel, the electrochromic glass roof and the challenge wheels with 20”tires unless you opted for run flats. When I was looking for an OTO to purchase I saw ads for a number of non OTO 2008s which did not have these defining characteristics although they did have the oft quoted Bose radio. OTOs were also noted as such on the window sticker , most 2008s do not have this designation on the window sticker. Since the 612 OTO program was announced in the fall of 2007 , at the Geneva show. Most of the early 2008 build 612s were already in the production and order line before the OTOs were starting to be ordered after the announcement of the program. Even if 35-40% of the 2008 total of 98 cars were OTOs , that still totals a little less than 100 for the US as Taz says , and the math supports that. You also had to be very resolute to place your $370,000 + OTO order in that financial period as I’m thinking that many “regular”612s were ordered well before the worst of the financial crisis. Also some customers were skeptical of the glass roof issues based on what they had experienced or heard about the SuperAmerica roofs and did not order an OTO for that reason.
    So 100 or less US models over 4 years, not the 50 number widely quoted by dealers, but still a minuscule number in the Montezemolo era. Definitely a “collectible “ type of number when it is recognized. No real answer on total OTOs produced worldwide. If someone knows the total 612 production for 2009, 10, & 11, then we know they were all OTOs. If that production data is available for 2008, then a reasonable approximation could be made by taking 35-40% of that number and adding it all together. Anybody have those numbers .


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  18. Alcav5

    Alcav5 F1 Rookie
    Rossa Subscribed

    Jul 28, 2012
    4,079
    Scarsdale, NY
    Full Name:
    Al
    Note.

    Something I learned today. The challenge rims were part of the HGT2 option, rather than an OTO standard item. In fact Dave in the classified section posted his 2010 OTO for sale that does not have the HGT2 option. And it's sticker shows the rims as an option. My 2009 sticker does not show the rims as an option because I have the HGT2 option. Begs the question as to what rims would have come with the car if neither option was selected...

    https://www.ferrarichat.com/forum/threads/2010-ferrari-612-oto.587520
     
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  19. randkin

    randkin Formula 3
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    Aug 2, 2015
    1,497
    Somis, CA
    Full Name:
    Randy
    Yes, the sports exhaust was also part of the HTG2 package and sounds way better than the “sporty exhaust pipes” which is merely cosmetic. IMO the HGT2 package is well worth it to enhance the overall ownership experience. Not that any of the OTO aren’t great just the HGT2 package is the icing on the cake.
     
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  20. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,164
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    Here is what the factory has to say about the HGT2 package for pre-OTOs, which does state the 20" Challenge cast wheels were included. Note there were all kinds of strange combinations of options during the transition period from the interim 08 models to the OTO, so showing the 20" wheels as options on early OTO 612s with HGT2 is easily possible, since the silver painted wheels were a stand-alone option. Note also there was no upgrade to the F1 Superfast system or the earlier interim 612 F1 systems for HGT2. All 612s from sometime in 2007 had updated F1 (~125 ms min shift time) as standard. There was also an HGT1 package for Sessantas, likely very similar to HGT2 on the OTO. Some 08 MY 612s had separate CCM and HGT2 options, and others listed HGTC, which included both, but the HGTC option only lasted a limited amount of time.

    All very confusing.


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  21. F612

    F612 Formula Junior

    Feb 5, 2018
    643
    Leeds,AL
    Full Name:
    David D. Hood
    A search of F-Register indicates the oldest US OTO registered there is my car, number 160338, built in April 2008.

    There are older OTOs listed but not US cars.
    I suppose any US 612 with a higher number is also OTO.
     
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  22. MRY

    MRY Formula Junior

    May 14, 2015
    384
    Monterey Peninsula
    My 2008 OTO is 162850

    Hgt2, ccm, sport exhaust, superfast box, challenge 20’s, and a bunch of other stuff...


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  23. F612

    F612 Formula Junior

    Feb 5, 2018
    643
    Leeds,AL
    Full Name:
    David D. Hood
    A count of US 612s with s/n 160338 & higher indicates 116 US OTOs in f-register.
    I do not know if that is 100% nor do I know if some of those are no longer here.
     
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  24. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,164
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    That likely includes Canadian models, which the NHTSA numbers do not.
     
  25. F612

    F612 Formula Junior

    Feb 5, 2018
    643
    Leeds,AL
    Full Name:
    David D. Hood
    Yes, probably does include both Canada and Mexico( if any).
     

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