Looking at buying a Lusso T. I really want to daily it and add 15k in a few years. What do people think about residual values for this model? I’m looking at a 2018 with 3600 miles on already. Appreciated. Sent from my iPad using FerrariChat.com mobile app
Depending on options, you should be able to find one for $200,000-220,000 Sent from my iPad using Tapatalk
Yes thanks....it was more what it looks like after 2 years and 15k on the clock Sent from my iPad using FerrariChat.com mobile app
Residual as in lease or projected value after ownership? In 2 years with 15k assuming 190k now, 160 with 15k. Take the trajectory of the FF. Miles hurts more than years. That’s my projection.
Value after ownership. I’m buying it.....just don’t want to lose a titanic amount - I heard the 4 seaters don’t perform well over the long term. But I’d really love to daily that car for a few years. Thanks for your help! Sent from my iPhone using FerrariChat
Ps.....I saw a 2017 v12 for sale with 52k miles reasonable spec for $162k - maybe they’re deluded. Sent from my iPhone using FerrariChat
I should have said “responses appreciated” [emoji1] Sent from my iPad using FerrariChat.com mobile app
FF drops pretty freely until ~130k and then hit some price resistance. With the Lusso T, maybe 135 to 140k... but even then its not as desirable as the V12 and in the long term it will float under the V12 curve. Has anyone compared the cost per mile of the V12 versus the V8?
He does the math for you. Based on the data out there V8 depreciation is flattening. 33k per year and 9900 per 1000 Miles. Now he did some data cleaning for the three cars with >10k miles. But- Image Unavailable, Please Login Suggests my estimate may be high. You may be looking at 130-140k retail. That’s taking the last part of the curve only and assuming that the correct mileage factor is more like 3-4000 per 1000 which is in line with other Ferrari’s as they age. But as the v8 is flattening it is the more stable buy. FWIW I daily my lusso12. Recognize the cost but find the lusso is good value to me. Sent from my iPhone using Tapatalk
Great historic analysis, but that's all it is. There are of course 2 significant factors he can't do the maths for: 1/ Lusso is the last of its kind 2/ Lusso V12 is perhaps the last of the NA V12 Ferraris Both of these will support residuals.
Yeah that my logic, but doesn’t work that way I guess. It’s desirability that drives prices in my opinion. Sent from my iPhone using FerrariChat