Hello all, I've been contemplating selling my F12 and getting a 488 Spider but before you respond, let me briefly explain why and my thoughts... The F12 is a 2014 CPO with 15,600 and I've had it about six months. I bought it while waiting to place my order for the 12Cilindri. After much thought, I decided to cancel my order and now I'm rethinking the F12. I purchased this car from the same dealer I had the 12C order with just to drive it for 9-12 months till I trade it for the new toy. Now after cancelling my order, I'm compelled to rethink keeping the F12 or trading it for a newer, lower mileage 488 Spider. I think those are a good buy right now and I can look at an 812 Superfast or a cleaner, newer, F12 in the future when prices have stabilized. My thinking is that for the price of a 12C, I can have the 488 and the 812. Of note is that I do not collect cars; I drive them so the mileage on the F12 does not bother me. What does bother me is that it has six previous owners and a Minor on the CarFax. This was fine since I was going to trade it back anyway to the same dealer I purchased it from. Now, it's a different situation and any feedback would be greatly appreciated. P.S. I did have a 2018 812 Superfast before but I sold it back to the same dealer so that I can order the 12C. Why didn't I just keep the 812? I frankly did not love it as much as my previous F12 (totaled) but now that I'm driving a higher mileage F12, I can feel its age compared to the 812 and a 488; but I still love the F12.
If you're going to get good trade value from your f12 into a 488 then I'd do that. 488 values are very low right now. Pocket and invest the remainder of the 12c budget so that when you see an ideal spec clean f12, jump on it. Don't wait too long, unique and desirable f12s sell very quickly. Miller has good specs come in fairly regularly, but they're gone in 48-72h.
Mine is a blk/blk with full c/f interior (door panels too). Suspension lifter and really a good spec car with a $424k sticker. Only issues are miles (15,600) and history of six owners and minor damage. I can only get $220k now as trade and I can probably sell it for $240k (what I paid with CPO). Thoughts about these values? I'd pick up a 488 Spider then later a later model F12 with fewer miles a better color combo (for me).
Probably decent value. I have a 2 owner (3 with me) 2014 red/tan, no carbon or lifter with 13,750 or so miles on it and was offered about $220k with trade in. This was a few months ago so maybe a bump with the tariffs? If you are getting $220k with minor damages and more owners and specs and not resale red I would say you are doing well. You might try Mike at Yellow Compass and see what he can get for you. I spoke with him awhile back and he's a cool dude.
Forgive me but I'm getting a bit dizzy following your post. You mentioned 4 different cars plus one two more of duplicate models you recently had. Your handle is V12love but you had 3 of them and want to sell the one you have now for a turbo v8. I frankly don't know what to suggest because you likely would not be happy for one reason or another. The only thing I feel certain you are interested in is a Ferrari with low miles and not a relatively high price. There's lots of options there.
You're not wrong. After rereading my post, I'm a little dizzy too! I have had three V12 Ferraris... a 2015 F12 which I totaled and followed by a 2018 812 which my selling dealer wanted back and gave me good money for it then I had a good allocation to buy the 12Cilindri. I purchased my current F12 from that dealer to drive while waiting on the 12C. After some thought, I cancelled the order and here I am "stuck" with an F12 that has six owners and a minor. I would have never purchased this car had I not known I'm trading it anyway to the same selling dealer. My question is.... should I trade THIS F12 (given the history) for a lower mileage 488, assuming they have hit bottom. Or, do I just keep this F12 regardless of history. No, I do not want any Ferrari. It's specific to these three cars, of which I've owned two. Another way to ask if if you guys think the 488 has hit bottom or if the F12 has. I'm going to eventually own both cars... just trying to see which one I get first.
Look at this another way, would you buy this F12, a car with some miles, but one that you now know for 220k? How bad is the minor on car fax? Holding the car going forward is like saying you took that 220k and bought an F12. Seems like a pretty good deal to me! I think you have 2 separate issues: 1. F12 as a sports car 2. Relative values of these cars 1. You know what you will think of the F12 as a sports car. I think the F12 is sooo very much about the engine. Though the handling is very good etc. The 488 is a little bit more of a balance of things. The funny thing is the 488 is probably the better GT car. Suspension is a little bit more compliant and I think maybe a bit easier to tour around with. If you are someone who really loves the experience of a fine engine, than, while these comparisons always end up in subjective territory, I dont think you can really compare an NA V12 to a turbo V8. The 488’s engine is very very well done, but the V12 is a real masterpiece. My own opinion, while the 488 is a good car, the F12 is an all time great Ferrari. Unless you just love the mid engine configuration and want a more GT car, I would stick with the F12 2. I dont think F12 are likely to fall in value, whereas 812 has some room. I agree with you that 488 is a pretty good buy. I don’t think either is likely to go down much from here. Conclusion: While you can never stand in someone else’s shoes, as a general statement, if you are not going to get a new model from the dealer, I would keep the F12 and just drive and enjoy it. I don’t think you should worry too much about the miles, and if the minor incident on the car fax is really nothing, lets say its a bumper repaint, then, who cares really. If you think you might like to go to an 812, in a few years time the coupes should be lower than today. Probably the same for GTS but I think they will hold up better.
Could not agree more. And the further we move away from Pininfarina styling, the better (and better!) it continues to look.
Fn love it I know, drives you nuts. My F12 was going to be my ridin off to the sunset car, til I got the track bug. Now I don't track but got the coolest SF around. No regrets. But, but, but.............No. No regrets. Let the insanity make the decision for you. Never let the conscious mind make that decision. You'll only get gipped in the end. I won’t go back to an 8. Won’t go back to a 6 in my other cars & SUV irrespective of voltage.
I think both cars will drift down. Twelve cylinder front engine cars have a history of hard depreciation (except for the limited models). That may change now because the newer cars are getting quieter- but probably not. Of course the 12 cylinder engines are phenomenal and the rest of the car is free. IMO- The problem with the front engine cars are their size as compared to the mid engine cars. They just feel large. The 812 has four wheel steering and feels smaller and more nimble. To me, that’s a game changer. The 488 is an unloved iteration of the 458- not as pretty and loss of engine sound. I think it will also continue to depreciate. The F8 is a superior car and was made in smaller numbers. It may perform better at holding its value. On the other hand you shouldn’t get hurt owning either car as mild depreciation is better than most cars. These are toys and usually pleasure is more important on emotional purchases. Note: I owned an F12 and own an 812GTS. I also owned a 458Sp and now own a 296GTB AF.
Why no longer own the Speciale? Didn't like the looks (Manzoni flaps and gills) but what a superb mid engine car.
For the cost of the 12C you theoretically could have both the F12 and the 488. You could also consider a McLaren 750 as a one car solution.
