Is the Lusso going to go up in value | FerrariChat

Is the Lusso going to go up in value

Discussion in 'FF/Lusso' started by Mickey Bharat, Nov 16, 2020.

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  1. Mickey Bharat

    Mickey Bharat Karting
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    Jul 4, 2019
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    Cotati, California
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    Mickey Bharat
    Great view of Lusso ownership and possible increase in values due to no new cars.




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  2. 350MH83

    350MH83 Formula 3

    Jul 11, 2014
    1,104
    Denmark
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    Max
    If you want to become a millionaire from trading Ferraris, you need to start as a billionaire... As much as I wish it will, I dont see the Lusso going up in value significantly. Still a very limited pool of buyers for these cars. Maybe the selling time will be shorter. Maybe the bottom of the curve will be a tad higher and will probably never reach the lows the FF has reached. But an increase in value seems far fetched to me.
     
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  3. PJ72

    PJ72 Karting

    Jun 1, 2017
    60

    Unlikely. Why would it increase? I owned an FF for a while, phenomenal car but definitely not an investment
     
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  4. Il Co-Pilota

    Il Co-Pilota F1 Veteran

    May 29, 2019
    6,023
    Hopefully some place nice.
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    A.B
    They will plateau, and possibly see a small rise. The FF has had one of the hardest depreciation curves for a Ferrari in recent times, but the Lusso seems to fair better as it does not have a successor to drive prices down. It is of course not an investment like an F50, but after it plateaus, it will be a car you can own fairly "cheap", if that makes any sense. Since it went out of production, my dealer has unloaded 5 or 6 of the ones that previously sat. Some were probably waiting for something even better, and when it was discontinued, it became mire popular. It is a unique car and not something we will ever see again. As for collectibles? We'll see in 25-30 years time.

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  5. 635CSI

    635CSI F1 Rookie

    Jun 26, 2013
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    Whilst the fact that Ferrari are abandoning both the 2+2 and the shooting break concepts is to me, very sad, the pool of like minded people is very small. Based on my experience of older Ferrari’s collectors go for 2 seat V12s first and only turn to the 2+2 models only when the 2 seaters become unobtainable.
    That said the depreciation curves do flatten on modern 2+2 so buyers of say a 10 year old FF won’t lose much selling later as a 13 year old FF.......unless something expensive breaks during their ownership of course....
     
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  6. My 1st

    My 1st Karting
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    The PTU is a boat anchor.
     
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  7. x z8

    x z8 Formula Junior

    Nov 22, 2009
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    LOL. Really? I think you have a better chance buying a lottery ticket. Just my opinion.
     
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  8. uhn2000

    uhn2000 Formula 3

    Oct 15, 2011
    2,108
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    Plateau for sure, go up probably not... I have had more Lussos then anyone I know. Die hard fan, but I don't think they are going up.
     
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  9. KarlA69

    KarlA69 Formula Junior

    Oct 9, 2017
    759
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    Karl
    A slight aside, but this just announced in the UK (no new petrol cars after 2030). Time will tell if it will lead to a firming of F car prices over the next few years as the deadline gets closer... I don't really care, I will keep my 812 GTS forever!

    https://www.bbc.com/news/science-environment-54981425
     
  10. mthompson2376

    mthompson2376 Formula Junior

    Feb 2, 2017
    254
    North East England
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    Mark Thompson
    With everyone else here, don’t think it will go up, and don’t buy as an investment, but don’t think it will fall significantly either. Interestingly in the UK we may have seen a slight rise in both the FF and Lusso values. Currently (according to How many left) there are only x227 registered V12 Lusso’s in the UK making this a fairly rare piece, rarer than a Speciale and F12....both thought of as fairly low number production cars...which are both lower numbers than Pistas and all the modern stuff as Ferrari ramp up production.

    As an owner of the Lusso, I personally love the way these drive, and I do try to drive it daily, opting to pick up the keys for this one over the others.....and that’s almost the joy of owning a Lusso, the owners use them and put miles on them, and want to keep them. Perhaps this is what is holding the prices steady. (In addition to the fact this could be one of the last V12 x4 seat Ferraris TBC - not an SUV)

    Yes maybe a unique clientele for the Lusso, but for me, it’s a V12 Ferrari which howls like a screaming banshee, which you can get the family, the cabin is pure luxury, handles like a 458 (in the wet, perhaps one of the fastest Ferraris there is), and looks like no other car on the road, doesn’t draw the wrong attention, you can go shopping in it, and you don’t have to worry about the mileage, and the values are fairly static, and you won’t care about the value anyway because you will probably want to just keep it because they really are that good....one of the best Ferraris I have owned and I have had a few....absolutely love them, and the more I look at them the more I simply love the unique lines... I think people are still only really starting to discover the Lusso and for me it still feels like the latest new model...and probably always will...

    Might have over done that LOL, yeah they are all right...prices probably static

    Mark T


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  11. 635CSI

    635CSI F1 Rookie

    Jun 26, 2013
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    The question will be, once this government has stopped the sale of petrol vehicles, how long it will take a future government to ban their usage?
    If they do that Lusso and all Ferrari values are toast and we just own sculptures.
     
  12. Bamsefar

    Bamsefar Formula Junior

    Nov 26, 2012
    523
    Well if, maybe even when, that happens the end result will be ALL current cars will be dead. And there is no way in the nearest future that there even going to be a close possibility to replace all cars, busses, you-name-it with something electric. And that is because of the obvious that there is not close to any production facility available to build the cars, and produce the batteries, and to charge the cars...

    You like to kill earth? well that is possible by both ways - so choose something in between that is realistic.
     
  13. KarlA69

    KarlA69 Formula Junior

    Oct 9, 2017
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    In London at least there seems to be an active campaign of making driving so difficult that people will give up on it (a lot more cycle lanes, 24 - 7 bus lanes, local restrictions on traffic flows etc). I can't see petrol cars being banned for a long time (15+ years) but in the meantime they will make driving so painful and expensive (via tax, at least on petrol cars) that people opt not to drive. I'm going to use the heck out of my V12 while I can, outside London!!!
     
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  14. uhn2000

    uhn2000 Formula 3

    Oct 15, 2011
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    YESSS, I will meet you there!! My business partner and I both bought 2 Lusso's together and did a same day delivery! This was last February with winters on them ready to go! We even named our office french pit bull - Lusso. Also maybe a bit over the top :)
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  15. 635CSI

    635CSI F1 Rookie

    Jun 26, 2013
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    That was one of the reasons I left London and headed for the sticks. The cost/benefit calculus just shifted too far. I now spend my timer and money in Devon.
     
  16. papou

    papou Formula 3
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    May 18, 2012
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    Painful How England one of the birthplaces of democracy has become so authoritarian..
     
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  17. IloveGT

    IloveGT Formula 3
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    you missed something huge in the world history class regarding England and democracy.
     
  18. spyderman

    spyderman Formula 3

    Nov 4, 2003
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    Beautiful Lusso’s, V12’s too....nice selections.
     
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  19. Nospinzone

    Nospinzone F1 Veteran

    Jul 1, 2013
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    And all this time I thought Greece was the birthplace of democracy. I think England should bring back the monarchy. :D
     
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  20. NeilF8888

    NeilF8888 Formula 3

    Feb 10, 2005
    1,147
    Miami Beach
    The Lusso will probably be the last four seater V12 Ferrari. I doubt Ferrari will put a V12 in the Purosange, will mostly be a hybrid V6 or V8. They are fairly low production and very practical so I think the depreciation will slow and eventually stabilize. Being the last V12 may make it quite desirable as a daily driver for Ferrari enthusiasts. I use mine everyday and enjoy it as much or more than when I bought it over three years ago.


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  21. papou

    papou Formula 3
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    Athens practiced a political system of legislation and executive bills. Participation was far from open to all residents, but was instead limited to adult, male citizens (i.e., not a foreign resident, regardless of how many generations of the family had lived in the city, nor a slave, nor a woman), who "were probably no more than 30 percent of the total adult population".[1]
     
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  22. papou

    papou Formula 3
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    I think England should bring back the monarchy
    we did it’s called McLaren
     
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  23. migg48

    migg48 Karting

    Jul 7, 2006
    121
    They say something similar in California too. I doubt it.
     
  24. 635CSI

    635CSI F1 Rookie

    Jun 26, 2013
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    The Lusso will one day rise in value, but I wouldn’t wait up.
    The 250 GT/E is comparable. It did rise, but long after it’s ostensibly sexier 2 seat contemporaries.
    Plus the volume produced is huge compared to the 60’s cars, and they are better built than earlier Ferraris so more of them will stay around.
    You should only approach a Lusso purchase with the aim of enjoying it NOW.
    If you are negotiating for a used car, don’t let the dealer give you any of that “investment opportunity” BS, and I say that as an owner.
     
  25. mthompson2376

    mthompson2376 Formula Junior

    Feb 2, 2017
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    North East England
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    Mark Thompson
    100%, and because you can use a Lusso more, with its practicality etc. (I had mine out in the snow last week - really highlights just how good the systems are), you will enjoy it more often...definitely a car to buy and use, and probably just keep....


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