Thoughts on 12Cilindri depreciation for US buyers? If we're honest we recognize modern 12 cylinder standard model Ferraris don't have a positive history when it comes to depreciation. Now add increased MSRP over previous models, plus tariff increase of 8.5% (at present) for US buyers, and its somewhat daunting. For example, decently spec'd $550k MSRP car, now add 7% sales tax and 8.5% tariff and you're roughly $635k out the door. If it depreciates similar to last few V12 iterations, a couple years later you'll be lucky to get $360k on trade, which means $275k haircut.
With haptics (and most everything behind a screen or two including the front lift, image below of a blank screen instead of functions) and severely reduced exhaust music, could be hard to even find buyers... Image Unavailable, Please Login
Can't comment as I am not based in the US but I can say similar thoughts go through everyone's mind and we don't even have tariffs to worry about.
It will depreciate like a rock after all the issues stated. And as also noted hard to drum up interest.
If you (a) want a nice V12 GT car, and (b) want to show that $275k the respect it deserves, it's simple: buy an F12.
Depreciation on all non-Porsche standard production cars post-COVID will be comparatively substantial, but maybe on a percentage basis, very similar to pre-COVID (think about the normal depreciation on 599 and F12). Tons of reasons for this, not the least of which are tariffs, but the larger issue is that Ferrari (and Lamborghini, et al) raised their prices in order to capture more of the early release froth thereby removing any market cushion from even the early buyers. The 12C will have tremendous downside exposure and I’m looking forward to mine arriving in Oct/Nov of this year.
For USA buyers the current tariff is around 43,000. So the 12C needs to command that premium in the aftermarket Or else, add this to the depreciation hit.
More importantly, did Ferrari fix the engine problems currently becoming more prevalent in the 812? Time will tell...
What is the nature of the problem? Excessive oil consumption? What does this lead to? Premature cylinder wear? Or bottom end failure due to bearing wear and rod knock?
https://www.ferrarichat.com/forum/posts/149776526/ https://www.ferrarichat.com/forum/threads/812-keeps-leaking-oil.656219/
What is the recommendation from the factory for the 12 C Should be in the manual regarding how often to check oil level? Every 1,000 miles or every 500. What volume of oil is normal consumption. If same as 812 then the same ring strategy is being used
Definitely watching this one. My build slot is next, MSRP came around $516k, and with the tarriffs, tough pill to swallow.
Well…to get a 12C VS one will most certainly need to have a 12C. Unlike with other brands, loyalty matters to Ferrari. So, depreciation is relative depending on your long game.
That does not speak well of the 12C or the buyer. I hear: 'Buy it and toss it to get the one you might like and will also make you money for the trouble'.
I think it's more: buy this amazing car and enjoy it because it's truly epic and then since you are a loyal customer you may also want to buy a newer even greater car you will also enjoy. We need to get off this mindset of buying these cars to make money down the line ... it's tiring. Supercar ownership has evolved into some sort of speculation game because in some cases there is buck to be made and everyone is stressing about that. I am sure it feels great to have a car that appreciates in value or even goes up through the roof like some do ... but we can't keep buying these cars just for that ... there is more to life.
When I read "..to get a 12C VS one will most certainly need to have a 12C" I just don't see your take. Its purely the trade up game to get a VS that won't depreciate like the one you flipped if you kept it. This game will be a whole lot tougher to make the numbers work with the 12c especially if your dealer only gets a few VS allocations and you are in a major city center. You will be competing with folks that buy every car in the lineup over and over again.
Given where they priced the F80, there is no long game, they’ve taken the froth out of that too with their pricing. Another point, apart from bragging rights, these halo cars have increasingly limited use cases as the power is way in excess of anything that can be used on public roads and they aren’t at all practical. I doubt any F80 will go on the road for anything approaching the base price of Euro 3.5 million. My guess is you’re looking at least Euro 4 million and way more in high tax countries. I’d rather have a Hockney on my wall than that!
By the way I already inquired about the VS ... the expectation by Ferrari is not just to own a 12C ... but a few F cars ... Now my dealer said it doesn't mean you need to order a bunch of new ones. You can own older cars as well. But they prefer to see "committed" owners . We don't have to play the game ... I am sure the VS will be amazing and I am sure I would like to get one and I am sure I will be jealous of anyone who get's one (especially if I can't get one) and so on and so on ... BUT after some time, I will forget about it and will not care (same thing happened with the F12 tdf and the 812 comp) ... We can get excited about these cars but they should not be the reason why we buy a 12C or any other "not special" car
I have one car that I could definitely make money on if I sold it. Another that I might. Thing is, I don’t want to sell either one! When I kick the bucket, my family will probably discover that the market for them has collapsed. So, I suck at playing the game to make big bucks with my cars.
True, but only a small percentage of 12C buyers will be chosen to participate in the eventual 12C VS.
With Ferrari's new pricing being what it is, plus tariffs, plus typical V12 Ferrari depreciation, plus certain customers discovering they don't like 12C haptics, I think the stage is set for an unprecedented show of value losses on resale/trade with 12C.
Hopefully Ferrari will produce 1 less car than the demand. Exclusivity is not just about demand. Its also about style. Ferrari has ventured into the deep waters with SUV and more pedestrian looking cars like the Amalfi and Roma Spider. i believe its a huge mistake to use the same design language across the whole fleet. Retain the classic facade of the brand for use on the true sports models . Those models which represent the masculine race car and GT sports car heritage. The exterior front face, round rear tail lights, and typical exhaust shapes. The interior should also have not have souless over sized ipad displays , haptics instead of well designs and well located buttons. The rest of the interior should never borrow from the Roma, Purosangue or Amalfi models. Instead, the race line and the softer line.
