Hi everyone. I'm a new member on here. I currently own Ferrari 458 out of Ferraris. Will be selling it to free up some space. I am planning to get an F12. Most likely 2015/2016 low miles, so I don't take big hit on it. What is a reasonable price for 2015/2016 well optioned, low miles F12 today? Two weeks ago I had a chance to test drive neighbors F12 TDF, great car, insane but cant justify paying over 1 mil for it. No way. Very difficult to put power down on the street. I also own Huracan, Aventador SV Roadster and some other cars...
Welcome Vint! One of my local clients just decided to make the F12 jump from being in a 458. He couldn't be happier. He wound up trading the 458 last minute on a 488 allocation but the F12 gets all the seat time right now. From what I see, the 15/16 low mile F12's are pulling in about mid-300's right now (give or take depending on specs). Feel free to shoot me a PM anytime, I am always here to help anyway I can!
My experience: 2015 f12 MSRP $372K with 4,400 miles. 3 deals didn't go through. Highest one was at $319 and lowest was $305K Eventually after 3 months it was wholesaled for $280K.
F12 being NA V12 and Pininfarina with beautiful lines, value will hold strong (at least that's what I tell myself).
This is true, its what I tell myself too. But I think we can expect a typical depreciation curve. So just be prepared for it. It doesn't bother me one ounce. I think the F12b is a classic. But that is just my opinion and I accept the fact that the market will see it as a used Ferrari for quite some time. Lets talk in about 12-15 years and maybe we can use the word "classic".
I am guessing the F12 will continue to depreciate a bit more in the next few years. Sub=$300 would be a good target now for low mileage, decently optioned ones. I got mine last month for $320 for a 400k car. Traded my Scud. Still scared of the throttle
I'm a very recent F12 owner but a long time seeker and I've followed this model market in Europe for at least 1 year. The advertised selling prices haven't gone down during that period, even after the launching of the 812, and the fully optioned cars in historic colors disappear very quickly after have been put for sale. More I look at the F12 more I reckon that elegance and line flow so typical of the Pininfarina designs and developed and perfected through decades. The F12 will definitely be a classic because is the last V12 GT with two seats to carry the PininFarina name.
Mario, I agree with your points, but I think these are important for Ferraristi like us. I don't think they are as important for the broader Ferrari market, and thus, I think you have the be prepared for the market value of these cars to come down a bit.
Jerry I completely agree with you and it's inevitable that the market value of the F12 will come down. By announcing very long delivery times for the new 812's Ferrari is slowing down that devaluation but it will happen. I'm not worried at all with devaluation because is not my intention to sell my F12.
That's very good to hear. I feel the same way. It would be nice if cars didn't depreciate, but thats just not how it works. I'll say this much, these cars hold better for longer than most others.
