looking at FF or F12 | FerrariChat

looking at FF or F12

Discussion in 'FF/Lusso' started by BusterX, Jul 20, 2020.

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  1. BusterX

    BusterX Karting

    Aug 24, 2016
    56
    I've recently switched my car search from McLarens to Ferraris. I like both brands, so the decision isn't exactly a hardship. What caused me to focus on Ferraris is the potential for long term financial uncertainty at McLaren. I just don't know if they will be in a position to support owners in the short and long term. I'm optimistic, but that's not sufficient to have me commit my mid-life crisis cash to the brand.

    Switching to Ferraris - I've loved all models (355 was my first automotive love!), but I think I've moved on to looking at the V12 models.

    A couple of questions I hope could be answered by the group here (after doing substantial searching).

    1. Is there a source for Canadian build sheets/option lists going back to FFs and F12s?

    2. I'm somewhat puzzled by the relative pricing of the FF to the F12. The FF is more in my budget, but I can expand it to F12 levels if I get irrational. What puzzles me is that the FF and the F12 share many of the big dollar components (V12, transmission, etc). Other than the prestige of the flagship V12 model, what is different about the F12 to cause a $100k difference? I get the market speaks and we listen, but I found the phenomenon interesting.

    3. For those in the Canadian market - it doesn't seem that Canadian Ferraris suffer from the same fate as Canadian McLarens with respect to distribution. One of the disappointing aspects of shopping McLarens (especially used) in Canada is that the market is largely controlled by the single Canadian dealer. Market pricing is anything but transparent to a buyer. Mac dealers seem to want to sit on inventory forever, whether it is consignment or punched cars in their inventory.

    Thanks,
     
  2. Il Co-Pilota

    Il Co-Pilota F1 Veteran

    May 29, 2019
    6,023
    Hopefully some place nice.
    Full Name:
    A.B
    I will try and answer number 2 to the best of my abilities. They are two completely different cars. On paper they may seem to share many things, but in the real world, they don't. They are nothing alike to drive, they don't sound the same, and they appeal to different demographics. Furthermore the price delta between the two is in part the result of the FF being a bit of a marmite car, whereas the F12 is a car most like. Through history, 4 seater Ferraris have always depreciated more. They are simply not as sought after.
    There's no great scientific answer. One is just a more popular car than the other.

    You need to go drive them. They are so different. The F12 does feel fairly nimble all things considered, and it is more of a sports GT with emphasis on sport. The FF is a full on GT car. It is big, and it feels big there's no way around it. Unless you need the seats or really want a GT, if you can swing an F12, that's a no-brainer. And here's the thing. If you can swing an F12 but really want a GT and need the seats, the Lusso is the obvious choice. The engine, the interior and the gearbox on that car has come such a long way since the FF. Factor in the RWS and the evolution becomes even more apparent. Go drive them and see what works for hou, because pricing and stats on a piece of paper will not give you the answer.

    Good luck on your quest.

    Sent from my SM-G930F using FerrariChat.com mobile app
     
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  3. BusterX

    BusterX Karting

    Aug 24, 2016
    56
    Thanks for the response. I think I am going to try to make the F12 happen - although in Canada it's a waiting game for a spec to come up. There's only a few F12s for sale at any given time - and I'm not a fan of black cars (I've owned too many).

    On the pricing issue, it seems that the FF might have had a steep depreciation curve but might now be flat. Whereas the F12 might be more mid-stream on a relatively linear depreciation line. Translation: the cost of depreciation on an FF might be more budget friendly.
     
  4. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    One difference though: I think the FF is much closer to have fully deprecated than the f12.


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  5. ryalex

    ryalex Two Time F1 World Champ
    Consultant Owner

    Aug 6, 2003
    25,824
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    Have you considered vinyl wrapping a black car? Protection, novel colors and easy cleaning for $4-5k.
     
  6. BusterX

    BusterX Karting

    Aug 24, 2016
    56
    thats part of the question I am trying to answer.
     
  7. maxaret

    maxaret Rookie

    May 16, 2020
    7
    Here in the UAE most early FFs are being offered at USD 90,000 ± 10,000 (I just bought mine for said USD 90,000), whereas early F12s are still at USD 155,000 ± 20,000, despite being much more common. So I'm also under the impression that the FF has almost fully depreciated, while the F12 still has a bit to go.
     
  8. BusterX

    BusterX Karting

    Aug 24, 2016
    56
    or is the floor for the 599/F12/812 just higher?
     
  9. ANOpax

    ANOpax Formula 3

    Jul 1, 2015
    1,345
    The Netherlands
    This ⬆️⬆️⬆️

    If you consider the previous gen cars, the 612 bottomed out around €60k and the 599 at around €100k. I don’t expect the FF/F12 to buck that trend.
     
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  10. Il Co-Pilota

    Il Co-Pilota F1 Veteran

    May 29, 2019
    6,023
    Hopefully some place nice.
    Full Name:
    A.B
    Probably yes. But the value of the car to you, also has to do with what enjoyment the car brings you.

    Sent from my SM-G930F using FerrariChat.com mobile app
     
  11. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,471
    I think it comes down to the looks. Most people want the more sexy looking car, which is the 2 seater. After that, people want the more sporty drive, which is the 2 seater. There are those who prefer the 4 seaters, but they are just not as many in number. I think the typical first time buyer wants their Ferrari to be as sexy and sporty as possible. But, if you already have a 2 seater, maybe you look at the 4 seater next. I have to say the FF is a pretty sporty car for a GT and the F12 is a pretty decent GT for such a sporty car. The gap between them grew considerably with the Lusso and 812. The Lusso is much more of a GT now and the 812 is more of a front engined hypercar.

    I agree that it seems the FF is either at the bottom, or a lot closer to its bottom than the F12 is. And that is because the floor for the 2 seaters is higher, but, there is a price at which these cars will not go below, and I’m pretty sure that is where the FF is today. I am not so sure about the F12, though it can’t be too far off. Either way you get a V12 Ferrari so you win :)


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  12. ait_z28

    ait_z28 Rookie

    Jul 17, 2017
    23
    Arabs view the FF/GTC4L as Hatchbacks, and that category of cars are not in demand in the gulf area. From what I've personally heard from friends and local car enthusiasts, they mostly don't care for the GTC4/FF's existence.
     
  13. BusterX

    BusterX Karting

    Aug 24, 2016
    56
    Right...I am one of the unfortunate souls that must calculate depreciation. (Well, maybe not, but I can't break the habit).

    It sounds like in terms of depreciation the F12 is still going to be significantly higher per mile than the FF.

    The other thing that is appealing about the FF is that it seems to be less mileage sensitive than other Ferrari models.
     
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  14. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,471
    Depreciation is a valid concern. We work hard for our money.

    My guess is because the car has more or less hit its floor, those who buy it are less concerned about putting miles on it. Its hard to argue against the FF in terms of car / $ equation. Id suggest getting Michelin Pilot Sport 4S tires or Super Sports- I think they help the ride and are all around excellent tires.
     
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  15. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
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    Joe Mansion
    If you dont need 4 seats, then go for the F12. It's the most beautiful Ferrari GT since the Daytona. If you have kids, then you will love the FF.
     
  16. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    One issue with my FF: DOUBLE GLAZING!
    I have a full on exhaust system, car sounds ridiculous outside but inside it’s just blah. Yes I said it lol
    Unless u drive another Ferrari or have had another one with a proper exhaust i find it disappointing. It’s definitely meant to be a GT!


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  17. Solid State

    Solid State F1 World Champ
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    Feb 4, 2014
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    Maximus Decimus Meridius
    #17 Solid State, Jul 23, 2020
    Last edited: Jul 23, 2020
    So I guess the $6k/year for the V12 warranty+annual service is out of the question? It can be extended for 15 years and includes the annual starting on the 7th year but there's the inspection cost to add. FF can have some expensive issues with drive train and F12 has the grill issue but if you maintain the warranty and are otherwise consistent customer they may cover it.

    You'll need a new battery to deal with on a repeating basis (unless you are a professional arm wrestler and do it yourself). You will also want to add service items to each annual such as all fluid flush/changes, alignments, etc. Then there are normal wear items likes tires and potentially brakes. Do yourself a favor and don't price the CC rotors.

    Then there is the full paint correction plus PPF and if you really have extra put the ceramic over the PPF. Depending on your area its quite an eye opening expense on top of price+tax+reg+insurance.

    Of course, you'll need a palace of a garage to store your V12 masterpiece. Lighting+flooring+cabinets+lift+HVAC+openers+mancave furnishings. Throw in the power washer with water filter/softener and foam gun because tap water can be so problematic.

    Then when you are all done you probably won't drive it because every mile accelerates depreciation.

    So in the grand scheme of things the difference in purchase price between the V12s is not that big a deal. :)
     
  18. ScottS

    ScottS F1 Rookie
    Owner Rossa Subscribed

    Mar 2, 2004
    2,933
    Winter Park
    Full Name:
    Scott S
    Well. Here’s the thing. I loved my FF and like it even more after Uberswag has assumed ownership and made some cool touches. I never got tired of driving it. That said when it was in the shop or now when my Lusso was being ppf’d I drive the F12 daily.


    This last time going back to the Lusso and by extension the FF felt different. I always felt that the FF was 80% of the experience but the F12 is so amazing, so quick and sharp. It felt so much better.

    Perhaps now after two years of F12 ownership I finally own it and know it. That said if you don’t need the four seats And the price differential is not an issue, F12. Otherwise FF and don’t look back. I loved mine and miss it. But thanks to uberswag I get to see it occasionally.

    Best of both worlds.
     
  19. BusterX

    BusterX Karting

    Aug 24, 2016
    56
    I needed some cold sweats, thanks! lol

    I assume people mostly take the warranty?
     
  20. Solid State

    Solid State F1 World Champ
    Owner Rossa Subscribed

    Feb 4, 2014
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    Maximus Decimus Meridius
    It was meant to be humorous but probably covers a day in the life of a flagship car buyer and V12 enthusiast. I personally have not been without the warranty going on year 7 now. Chances are you may not need it. It depends on the model year and condition and some try to self insure. Many may want to flip with some left on the original warranty. Those that take it is for mostly peace of mind. There was a poll where most don't take it. Up to the owner, risk tolerance and length of ownership. Good luck on your decision and let us know what you decide.
     
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  21. dgoldenz94

    dgoldenz94 Formula Junior

    Apr 13, 2020
    647
    Las Vegas
    Full Name:
    David Gold
    If you buy CPO from a dealer you can get two years of warranty for the price of one. Some dealers include the warranty in their advertised price and some don’t. I find that it can close the gap between a third-party dealer price and a Ferrari dealer price.

    It’s also nice to know everything on the car has passed inspection. The dealer I just bought from had to put about $20k into it to get the car to CPO standards. The damaged wheel they found that wouldn’t balance probably would not have been found in a PPI. This required a new wheel and new set of tires due to the uneven wear. Wheel was $4600 and tires are probably $2k. They also found one leaking shock and replaced both sides. From what I can find that’s around $7k too. Plus the other usual CPO stuff/fluids/etc.
     
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