599 Market Data | FerrariChat

599 Market Data

Discussion in '612/599' started by jimshadow, Jul 18, 2020.

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  1. jimshadow

    jimshadow F1 Veteran
    Lifetime Rossa Owner

    Feb 19, 2006
    6,241
    Indiana/North Carolina
    Full Name:
    JIM
    I came across an interesting site this afternoon:

    https://www.classic.com/m/ferrari/599/gtb/

    While I was on it, it updated the Mecum action from today. (599 Manual sold @$429,000!)

    Maybe I should've stuck this in the "Buy/Bid" thread...not sure. Anyway, more data points for those looking at 599's!

    Jim
     
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  2. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,073
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    Jim- Good data, thanks.
     
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  3. Texas Forever

    Texas Forever Eight Time F1 World Champ
    BANNED Rossa Subscribed

    Apr 28, 2003
    85,600
    Texas!
    $187k for a F599 GTB? Hmm... I'm starting to sense a arbitrage opportunity. Where do you find these folks paying $187k?
     
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  4. jimshadow

    jimshadow F1 Veteran
    Lifetime Rossa Owner

    Feb 19, 2006
    6,241
    Indiana/North Carolina
    Full Name:
    JIM
    If you click on the blue dots you’ll find that they are including some HGTE/GTO/manual prices in with the GTB’s. It’s still a good data though from the auction standpoint you just got to do a little investigation.

    jim
     
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  5. Texas Forever

    Texas Forever Eight Time F1 World Champ
    BANNED Rossa Subscribed

    Apr 28, 2003
    85,600
    Texas!
    I figured as much.
     
  6. juandiegocalle

    Jun 13, 2020
    6
    Full Name:
    Juan Diego Calle
    Hey guys - I curate the 599 market you mentioned above. We've tried to isolate the GTBs from the HGTEs and GTOs. If any of those slipped into the GTB bucket, please do let me know. However, we have not carved out the manual GTBs from the F1's. Those are definitely getting a premium so it may be a useful next step.

    Any other thoughts or feedback is welcome!
     
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  7. jimshadow

    jimshadow F1 Veteran
    Lifetime Rossa Owner

    Feb 19, 2006
    6,241
    Indiana/North Carolina
    Full Name:
    JIM
    Hey Juan,

    Thank you for chiming in! I think (take it for what it's worth) that the Manual cars should be a category of their own as they are 4-7x a GTB F1 car.

    Jim
     
  8. juandiegocalle

    Jun 13, 2020
    6
    Full Name:
    Juan Diego Calle
    Yep, I'll let you know when it's done.
     
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  9. juandiegocalle

    Jun 13, 2020
    6
    Full Name:
    Juan Diego Calle
  10. Skidkid

    Skidkid F1 Veteran
    Owner Rossa Subscribed

    Aug 25, 2005
    9,500
    Campbell, CA
    Full Name:
    John Zornes
    Thank you Juan Diego for the great data.
     
  11. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,073
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    Juan- One other point. The HGTE was not available from the factory until late 2009, and as a 2010 model in the US. Anything earlier is a conversion and those have varying amounts of HGTE upgrades depending on owner desires. Upgrades are not nearly as valuable as original HGTEs and early 2007 599s (before SN 156938) cannot even have the ECU/TCU upgrades of later 599s. At one point Boardwalk in Dallas was offering the full upgrade kits for around $15,000 (plus installation). The kits originally sold for about twice that amount.
     
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  12. Skidkid

    Skidkid F1 Veteran
    Owner Rossa Subscribed

    Aug 25, 2005
    9,500
    Campbell, CA
    Full Name:
    John Zornes
    Definitely agree that upgrades cover a spectrum. I have seen the receipts for the upgrade on my car; it was $42K and has everything but the seats.
     
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  13. juandiegocalle

    Jun 13, 2020
    6
    Full Name:
    Juan Diego Calle
    Very helpful. I built that into the rules and cleaned up the markets. Thanks!
     
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  14. Zaza

    Zaza Formula Junior

    Jul 27, 2017
    633
    Brittany & Indonesia
    Full Name:
    Xavier
    Nice reports, just one remark from Europe. As it looks like you include auction taxes in the price, the sale two days ago in Monaco thru Artcurial was 82,000 € without taxes as you report but 97,744 € with taxes !
     

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