F 12 Holding Value? | FerrariChat

F 12 Holding Value?

Discussion in 'F12/812' started by Arnie, Mar 13, 2015.

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  1. Arnie

    Arnie Formula Junior

    Oct 5, 2011
    465
    New Jersey
    Looking at the used Speciale market and the the used F12 market the sell point in the used market is about the same at this point. So I am trying to decide whether to get a used F12 instead of a used Speciale. How do you think the F12 will hold its value over the next year

    Thanks

    Arnie
     
  2. $$$=SPEED

    $$$=SPEED F1 Veteran

    Aug 18, 2004
    5,330
    Portland, Or. USA
    Full Name:
    Depends who's asking
    Speciale will hold the price much better than an F12.
     
  3. 33pds

    33pds Karting

    Jul 9, 2010
    111
    With the fall of the Euro, it is likely the allocations for NA will increase. This can only hasten the softening of the V12 market which has historically been the case over time. The V12 market is just a thinner one, and small changes in supply and demand are felt in both directions. But as of now, prices for f12s remain pretty strong in the North East US.
     
  4. Solid State

    Solid State F1 World Champ
    Owner Rossa Subscribed

    Feb 4, 2014
    10,496
    Full Name:
    Maximus Decimus Meridius
    This ^.

    Outside of the very limited production cars, the F12 is the top of Ferrari's offerings. In the US, I feel that prices will continue to remain strong certainly in the next year or two. It is a unique berlinetta in more ways then just having the highest output, fastest revving NA V12 ever offered by Ferrari for a production vehicle.

    Seems you are mainly concerned about resell or depreciation as most buyers don't confuse the two. Best advice is to buy what moves you - not what you think moves others. Good luck.
     
  5. MARMIST

    MARMIST Formula 3

    Jul 1, 2014
    1,338
    Speciale is limited series, F12 is not.

    Speciale will hold better cause of limited series, F12 IN THE LONG RUN will depreciate.

    LONG RUN means 1/2 years.

    U plan for more ? Speciale.
     
  6. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    105,324
    Vegas baby
    Actually I've been surprised at how well the F12 has held value vs the 599. The 599 tanked pretty quickly.

    If you look at the prices of 16M's, they really have held value vs Scuds. The reason is they just made too many Scuds and only 500 16m's, which are just the same car topless.

    I don't think they will make that mistake again or over production with the Speciale. But new F12's are also not easy to get.
     
  7. MARMIST

    MARMIST Formula 3

    Jul 1, 2014
    1,338
    The 599 didnt tank so much in the first 2 years of production if u remember.

    Very few F12s in the US are the reason of the price resisting up there.

    ALSO the F12 is a magnificent car, superior to the 599 in ALL aspects, and this cannot go unnoticed by the market.
     
  8. bobbyd

    bobbyd Formula Junior

    Nov 17, 2003
    722
    FYI F12 depreciation in the US is mirroring 599 depreciation. 599's took 2 1/2 years to start dropping. As for availability, my dealer told me I can order a car to spec today and have it 6 months from now.

    Prices have dropped about 10% over the last 6 mos here in the US, premiums on this model are gone. Nothing unusual. I personally would love to try an F12, agree it seems to be a great car, just can't afford it...
     
  9. clockem

    clockem Formula 3

    May 18, 2009
    1,141
    Chicago
    Full Name:
    Gary
    I was just with my dealer last week and asked if the number of F12s Ferrari allowed them to order increased in 2015? (I was the first person to get a 2015 F12 from my dealer in August of 2014 for full disclosure)

    They received 6 F-12's in 2014 and for 2015 there will be only 4 or 5 allocations they will get. Ferrari is holding back allocations to the US

    Good for the US for now.
     
  10. Zaius

    Zaius Formula Junior

    May 8, 2014
    863
    Best Ferrari built because it is the most useable, goes 10's, v12, the sound...
     
  11. intrepidcva11

    intrepidcva11 F1 Rookie
    Rossa Subscribed

    Jan 12, 2009
    3,232
    Saratoga Springs NY
    Full Name:
    Seth
    Arnie, IMHO you're asking the wrong question to the wrong audience. You need an investment advisor, not a bunch of Ferrari tifosi. Very likely the best answer to your question coming from this group is one below, that the Speciale is ltd production, therefore much smaller production, fewer available etc.

    But again, IMHO, you're looking at the wrong end of the elephant or, perhaps better said, through the wrong end of the binoculars. Unless you're a dealer, Ferraris are to drive and enjoy, not to buy with a view to resale.

    You're asking about two entirely different cars that will give you two dramatically different driving experiences. You want to track, buy a Speciale. You want a car you can enjoy on Sunday drives on normal roads, take your wife or girlfriend away for the weekend, buy an F12 (better yet save a ton of money and buy a 575M Maranello) since for this usage the Speciale is farthest from what you should have in the garage.

    You want to do both, buy both cars.
     
  12. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,494
    Great advice. Except I don't understand where everyone keeps saying the Speciale is limited. Its not. They will make as many as they can. I guess its limited by time. Have a look. Speciale A is limited.

    Line Up - Ferrari GT - en-US

    As to holding value, the F12 will depreciate- but I agree- it seems they are doing a better job with keeping the US allocations more stable than with the 599. Also somewhere in the 599 time the world experienced a pretty severe financial crisis.
     
  13. DaveMc

    DaveMc Formula Junior

    Nov 29, 2012
    410
    Palm Coast, Florida
    Maybe good for you, but bad for buyers of used ones. BTW, your exterior color is the most beautiful I've seen and the one I will go with whenever I can afford one. Isn't it called Rubino Metalizzcata or something like that?
     
  14. ace355

    ace355 Formula Junior

    May 23, 2008
    464
    Australia
    Full Name:
    Chris
    Used cars depreciate. The Speciale less so, but the F12 is headed down. How can it be any other way? Don't buy it and expect to come out ahead. What are you using the car for? Long trips on less than perfect road will be tiring and uncomfortable in the Speciale. The F12 is a better all rounder, but you WILL lose more money on resale.
     
  15. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,494
    PS I still want an F12 and will get one.
     
  16. LARRYH

    LARRYH F1 Veteran
    Owner Rossa Subscribed

    Jun 3, 2011
    9,598
    virginia usa
    excellent choice...
     
  17. Arnie

    Arnie Formula Junior

    Oct 5, 2011
    465
    New Jersey
    I tried to get a Speciale was on the list but the allocations are limited. I am not trying to make money on the car I am trying to assure that when the 488 Spider comes out I will be able to trade either car in for the 488 Spider without having to add a lot of money to get my next Ferrari. Tried to get 458A but locked out of that. I have only had 430 Spider and my current 458 Spider so I am usually on the bottom of the allocation lists. So I am trying to get the car I want by laying out the least amount of money. I do drive my cars I already have 5600 miles on my 13 Spider. So that is why I want to know which car will hold its value the best when I trade it in. Due to personal issues I have to make the best I can on trade in.

    Thanks for all your input
     
  18. intrepidcva11

    intrepidcva11 F1 Rookie
    Rossa Subscribed

    Jan 12, 2009
    3,232
    Saratoga Springs NY
    Full Name:
    Seth
    Sound reasons for asking, Arnie. But why not simply hold onto your 13 Spider and trade it? I'm probably missing something
     
  19. MARMIST

    MARMIST Formula 3

    Jul 1, 2014
    1,338
    I honestly too prefer the F12 over the Speciale, performance and comfort wise.
     
  20. bobbyd

    bobbyd Formula Junior

    Nov 17, 2003
    722
    Agree with Seth - keep the '13 458 Spider and then trade when your 488 Spider rolls in - that will be the least financially painful route. A different car in between, especially an F12, is likely to cost you more. And why even get an F12 if that is not a car you plan on keeping and driving for a while?
     
  21. Enzo Belair

    Enzo Belair Formula 3

    Jul 27, 2004
    1,507
    Texas
    Full Name:
    Scott
    I feel the Speciale will drop once the 488 starts shipping and then will rebound about four years later, like the Scuderia's did. I bought my Scud new in 09 for 315,000 and in 2011 it sold for 190,000 I feel we will see the same on the special vs. 488.
     
  22. Arnie

    Arnie Formula Junior

    Oct 5, 2011
    465
    New Jersey
    I am on the wait list for the 488. I believe strongly in getting the last model of a car. I think the Speciale and Aperta will be significant cars because they will be the last year of the normally aspirated model. Same thing with a F12 and 12 cylinders. Limited production cars are always great to have. I have a Porsche 930 turbo Cab which has tripled in price over the last year.


    I would buy the Speciale but I am fund limited right now. I figure I could get 280 for my Spider and would need to add a 100K to buy a used Speciale that led to my question of the value of the 2 cars the Speciale and the F12. IF I can not swing it I will just wait for the 488. I blew it on the Suleramerica last year they were in the 250 range and now they are almost 500. Limited production 12 cylinders are always a must and fun to drive. So that is my logic. Fun to drive and maintain value.

    Thanks Again for all your advice
     
  23. dry4re

    dry4re Formula Junior

    Mar 29, 2005
    487
    AZ
    just saw that an 88 slant nose turbo cab sold for $383,000 at Amelia Island!
     
  24. pvgtv

    pvgtv Rookie

    Sep 5, 2013
    39
    Los Angeles, CA
    Full Name:
    AK
    Arnie- I have a 2015 F12 and recently ordered a speciale. There are many things I love about the F12…..but I wouldn't put it at the top of ferrari's "fun to drive" list. See if you can drive one before buying the car (I didn't) and you may see what I mean. If I was using it as a daily driver, I couldn't ask for more. If, like me, you are planning on using the car sparingly….then having a car that is a little more wild- like the speciale may meet your needs better. I think they will both depreciate, but IMHO the depreciation curve for the F12 will be steeper.
     
  25. Arnie

    Arnie Formula Junior

    Oct 5, 2011
    465
    New Jersey
    Thank you for your feedback I appreciate it. My first choice is the Speciale I just have an issue paying 60 to 100,000 over sticker. My wife is ready to shoot me since I have been driving her crazy over this. I just do not feel right trading in my 13 Spider and paying almost 100,000 in addition for a Speciale. I am still thinking about it. There are about 12 to 15 of them for sale so I am hoping the price drops shortly because they are not moving.

    Thanks Again
     

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