F12 Premium over list and Wait times | FerrariChat

F12 Premium over list and Wait times

Discussion in 'F12/812' started by F2003-GA, Mar 30, 2013.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. F2003-GA

    F2003-GA F1 World Champ
    Rossa Subscribed

    Nov 2, 2003
    13,376
    Sunbelt
    Full Name:
    Bro
    Was wondering what the current market conditions are ?
    Plus any thoughts weather the F12 will follow the 599 resale patterns
     
  2. ocr

    ocr Karting

    Dec 16, 2010
    208
    Huntington Beach Cal
    Full Name:
    Glenn Morrow
    Looks like 2 to 3 years and over 100K. I'm hoping I can get one this time next year.
     
  3. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,136
    Vegas baby
    My dealer estimates 18 months before delivery. So, placing an order about a year from now.

    I don't think it will do much to 599 values in the short run. There's not enough F12's out there to be an alternative choice for a 12 cylinder GT.


    458 prices didn't really effect 430 prices. The economy did for sure, but even now F430 price are still pretty stable with a slight downward drift even as more and more used 458'***** the market.

    I think the 599 has had a good chunk of it's depreciation already.
     
  4. LARRYH

    LARRYH F1 Veteran
    Owner Rossa Subscribed

    Jun 3, 2011
    9,673
    virginia usa
    I think a lot of the wait and premium. depend on where you are and who you are . My dealer has two guys that buy 10 cars per year they obviously will get their cars first if they do not already have them and will not pay a premium .... now I was told for me no premium and maybe 2 years..now regarding the resale in 6 years A 6 YEAR OLD F12 WILL be worth much less then it cost new so I expect they will follow a similar curve as the 599... However I bet for the next two years their will be zero depreciation other then the original premium.
     
  5. ocr

    ocr Karting

    Dec 16, 2010
    208
    Huntington Beach Cal
    Full Name:
    Glenn Morrow
    My dealer just got the nations first F12 in.At my dealer not only are you up against guys who buy 5 0r 6 cars a year but all the guys who bought a FF in the last year and don't forget the guys who bought race cars through the dealership. I have been getting a new car about every 10 months and will have to wait atleast 1 year and maybe 2.
     
  6. PhilNotHill

    PhilNotHill Two Time F1 World Champ
    Owner

    Jul 3, 2006
    27,855
    Aspen CO 81611
    Full Name:
    FelipeNotMassa
    Ferrari will deliver many more F12s than there are mere mortals who can drive them to their potential.

    Wouldn't it be great if driving skills were factored in to the decision of who got one instead of who are the just best customers. I have no illusions that I have those skills. And I have seen some pretty scary moments when drivers were over their heads. Rant over.
     
  7. absent

    absent F1 Veteran
    Lifetime Rossa

    Nov 2, 2003
    8,810
    illinois
    Full Name:
    mark k.
    Wouldn't that be wonderful?
    At minimum, a Ferrari Challenge participation or Ferrari Challenge/Evolution at Fiorano (or Mt Tremblant) graduation required for the entire 1st year of production.
    No more stupid accidents shown on youtube in that first year......
     
  8. F2003-GA

    F2003-GA F1 World Champ
    Rossa Subscribed

    Nov 2, 2003
    13,376
    Sunbelt
    Full Name:
    Bro
    I am thinking of trading my 458 spider back for another one or an F12
    Next car will be Ferrari #10 over the last 15 years.Paid premium to get
    the 2007 599 But will not do it again.

    The 599 dropped like a stone in resale value around 2 model years after launch
    I'm thinking this may be a typical pattern with Front engine V-12's. Where the
    actual market size is small but very desperate to get one.Soon as all that want
    one get it there's a cliff effect on resale - IMHO
     
  9. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,136
    Vegas baby
    From what I understand, allocations will be tight in the US to try to stop this pattern. But, I agree, the past is not a friend to this issue. There is risk here.
     
  10. F2003-GA

    F2003-GA F1 World Champ
    Rossa Subscribed

    Nov 2, 2003
    13,376
    Sunbelt
    Full Name:
    Bro
    I don't mind some depreciation say 30k or so.But the 150k drop on my 599 sure was a wake up call
     
  11. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,136
    Vegas baby
    Absolutely. Scares the hell out of me too.

    But, practically all exotics got creamed from 2009 to 2011. The higher the price, the higher the creaming. :)
     
  12. F2003-GA

    F2003-GA F1 World Champ
    Rossa Subscribed

    Nov 2, 2003
    13,376
    Sunbelt
    Full Name:
    Bro
    Going forward into an improving economy IMO the F12 will fair
    better than the 599 The million dollar question is How much better :)
     
  13. KenTO

    KenTO Formula Junior

    Apr 24, 2009
    468
    Toronto
    Wow, that's a long time. So now that you traded your 458 spider in, what are you driving in the mean time?
     

Share This Page