what are you guys hearing out there?
Still strong thankfully for us owners.... Not many allocations and demand still high. I think the mid MSRP cars still well over sticker... $35-$70k.
nonsense market has collapsed -50k msrp anyone who pays sticker for an f12 must be really desperate or not care about money(in other words, the perfect ferrari client)
Lone Wolf, the market in Europe, Ferrari distributed a large allocation and agree the F12 there is below MSRP. Why Ferrari did it who knows. In the US, Ferrari has kept supply of F12 very low which keeps prices for used F12's above Msrp.
They seem to be sitting for a while, I have watched because I am just curious. I don't know what final sales prices are, but many dealers are sitting on inventory. They are not hard to find.
We traded ours in when we picked up the Speciale. F12 is amazing, but I could not justify having both. Wished we had kept it a bit longer. Car had deposits within 2 weeks and sold after 4 weeks, it was comfortably over MSRP - not a gouge but a fair premium. We admittedly had a full-spec car and perhaps not the most desirable F12 color, either.
In UK, 25K GBP off list, 10% off all options as long as net MSRP of options exceeds dealer back end bonus options target, with a 12 week order to delivery.
MSRP discounts or premiums between different markets can't really be compared without also accounting for the different MSRPs in those different markets. Supply also has something to do with it as well, as well as the different cost to Ferrari of supplying cars for different markets. It may well be the case that, at a given price, Ferrari has better margins for each incremental car it sells in Europe than in the US, for example. Thus it would be rational for Ferrari to push more supply to Europe even if some discount from MSRP is required to clear them. Regulation, as usual, hurts the consumer by making the cars destined for different markets less fungible. If a Euro Ferrari were totally fungible with a US Ferrari, any price differences due to supply would trend toward zero (net of transport costs). In short, in order to explain why customers in one market are paying MSRP while those in others are getting discounts, it is not necessary to resort to characterizing the former as idiotic pots of excess cash.
The high resale values in US are a myth. Happens only if the car is parked in the garage and not driven more then a 1k miles a year. As soon as you start using them like you guys do in Europe (as should be), the values drop as quickly as on any other car.
USA market for F12 is dead quiet. don't pay MSRP unless you really want to 'spec' the car. there are un-registered cars around with no homes.
This is news to me . I have an F12 on order at Msrp and most of what I could find sitting were used as in titled cars. which I would agree most dealers will have one but they are usually a year old or so with some kind of mileage.. and they are asking well over sticker.
Lone wolf I am not understanding your comments re pricing. They are simply untrue. All low miles 13 and 14 in a decent color that have MSRP under $400 k are selling well above sticker, period. I am sure market will soften in 12 mo but this is the current situation. Where do you live?
I got 10% off and under 12week delivery in Europe, new client at particular dealer as well. There are used examples not selling but none had the options I wanted. I came to the conclusion Ferrari of North America runs a scam racket.
Europe is the place to buy Ferraris, US is the place to buy everything else. Hell, I just did a quick look a dealer in Bremen and see two lightly used Speciales for $300K, and probably less. I'm sure F12 are way under MSRP in Europe. The US on the other hand, no. Seems like lots sitting at absurd prices.
Relative to how pricing will be affected, does anyone have the numbers on how many F12's have been delivered to the US for 2013 and 2014 models? And what's the speculation on Luca's departure relative to F12 shipments to the US under Sergio? Luca's annual production target was 7,000 Ferraris per year and Sergio's talking about increasing to 10,000 per year.
My dealer told me each dealer for 13 got 2 to 4 F12's. Even if you assume 4 on average and about 35 dealers that's only 140. Number for 14 went up slightly 4 to 6 so again assume 6 per dealer thats 210. Thus values are holding well in the US.
IMO Sergio may bump up allocation for US Which will soften the market and give first time buyers a crack at getting one
Most people forget the theres two different countries within England - London and then everything else - LoL I grew up in the Birmingham area and I goback for visits quite often
