In market for 599 in Los Angeles for under 140K

No leads?

 

I may be wrong but I think with the requirements mentionedset, there'll be no leads. Most sub $150K cars have stories.

 

Or much higher mileage.

 

saw a white vorsteiner w. 50k+ miles asking around $150k. you might wanna send an offer.

Asking price for 599 in newport already starting from $190k. hollycow, better investment than stock market.

 

i don't understand how these moved up so quickly. just a year ago i remember seeing many under 140

 

I mentioned this in another thread earlier but no one seemed to notice. Over the last 6 months, I've seen a $10-20K climb in prices over last years. Could be my imagination but the desires placed on this thread seemed impossible

 

I think the spike up may be temporary. Once f12s come down 599s will start moving down towards 100

 

I wouldn't be so sure about F12's dropping below $200k (which would be the requisite range to push 599's down to ~$100K) due to two dynamics:

1) The price of new V12s
2) Push up from 550/575 prices, which will still provide support to a 599 floor even if they soften
3) The price of new competition at depreciated prices

After the initial hit on F12's, I think the long-term depreciation will take years to hit the minimum. In terms of what happens after that, who knows? I personally don't see the compelling magnetism in the F12, but they're outrageous cars that will always be relevant given the mutli-use case they fill. They can be special weekend warriors for sure; but more than any V12 prior, they can be daily drivers - and let's discuss the demand for these as they approach new Turbo S prices (~200-230K). In my view, new car prices across the board are providing support to new-used car depreciation.

Given the mid-term floor I envision on F12s ($230-250K if I had to guess, barring extraordinary miles or accident history) and reindexed 550 pricing, AND new car prices across the board, my feeling is a relatively sideways trade on 599's for quite some time.

-Joe

 

Looks like $145-$150k is the floor on problem free 599's. With 575's jumping in value, its only a matter of time before these do as well.

 

I am bullish on the 599s.....they wI'll remain a relative high water mark for Ferrari for some time......it's got to be the bargain of the line at anything under 185k to 200k....... Yep .....I like the F12s looks better........But the 599 remains way more car than I'll ever learn to drive near its true potential....and nothing will be so much better..... faster and rliable in the near future......as to justify the CRAZY pricing on the latest and greatest from Maranello.

 

There is one on Ebay right now asking $135K or best offer. Has 50K miles. This would be the best opportunity to get in at a low entry point.

 

The OP's 'requirements' are anything but demanding and sub $150K 599's don't necessarily equal stories. There are quality cars within that price range. One just have to be patient and ready to move when they become available. Also, advertised or asking prices are just that. Actual selling prices can be considerably less.

 

OP - if you are willing to go Nationwide there a few (under 20k miles) cars at your price point.

Here is one -

2007 Ferrari 599 GTB Fiorano F1 Washington DC VA | Silver Spring MD Arlington Rockville MD Virginia ZFFFC60A970153548

 

Everybody realizes there has been no post by the OP for nearly 2 months, right?

 

LOL...That would require us to read!