Yes but a M. Jordan anything is going to resell easily just because he owned the it in spite of the colors or anything else. Steve McQueen's (King of Cool) Brown Lusso sold for way more than expected. How many Brown Fcars go for big money? I happened to like the color combination but not sure I would have paid any extra for a brown Fcar even though I really love Lussos. For the rest of us mere mortals, we have to live in more tasteful ranges to resell a car for reasonable money.
very few celebrity cars get premium, it would take a Steve McQueen and even then limited. Just talked to dealer this past week and they don't even share that info most of the time. It adds little to value and just comprises their relationship with celebrity.
Ferrari now also offers warranties for up to the first 10 years so definitely worth purchasing even though they're not cheap. One fix though and it basically pays for itself.
White on Red interior is a popular combo amongst Japanese and other asian cultures. We have a large asian population here in Vancouver and you will see that combo on all types of cars.
So does that mean that celebrities must use taste when ordering their cars if the expect to resell them or do they make so much money that they don't care?
I really like the red inside of the white FF. Most white cars should have the red inside. As White on a ferrari is not my top 10 color. But the red helps. I always liked the old Mercedes in the late 1950's with the red inside. But I agree that a red dash would be overkill, and the glare would be hard to see through the window. The only thing that makes me keep an eye on the FF is the fact that is so Wicked fast it will tear your face off. The V12 is a Monster of a car. I like the performance. One a $115,000 if you really could buy one for that would be a great car. The Mercedes S550 is more than that. I bought a 2007 S550 in 2007. It was sport package, 4 matic. Sold it 3 years later for $52,000. Talk about losing money I assume a 2007 S550 is worth about $18,000 today. And, the FF would be a blast to drive.
I hate having to spell stuff out for users. I said it will depreciate $60-80k off the lot and another $100k within 5 years, so yes the first year it will depreciate upwards of $100k. Simple addition.
I almost bought one that had 3,000 miles on it - list was 406,000 in 2012 and less then a year later I could have bought it for 298,000 - the dealer said they had 289,000 in it
FF Style and Design is not actrative and nice so the car is an UGGLY FERRARI CREATION ... Sorry Price Drops
It is surprising to me as an owner how little demand there is at these prices levels. As ugly it might be it is pound for pound and immense amount of driving bliss Sent from my iPhone using Tapatalk
Skidding big time UK now, I think main issue is GTC and future supply overhang but also that the market is so small, it is answering a question that very few people are asking "How can I have a supercar that is not the range flagship, looks a bit awkward, is quite but not overly practical (small boot, 2 doors etc) and depreciates like a stone" ? Terrific car for the money now but very illiquid.
Yep and i truly believe any ferrari fan that gives it a shot will fall in love at first drive Sent from my iPhone using Tapatalk
and yet another depreciation thread the facts and data are always helpful when discussing economics, and while "generalities" typically conform well to used cars, the FF has a few skewed elements 1) most FF's sold new have a very high % of their (already high) MSRP as options - I think during one of the previous argument threads it was as high as 30% of MSRP, and 95% of the options themselves were "vanity" options (eg. leather, et al). Remember, while a spec and options can drive a quicker sale, recovery of options pricing is limited. Best way to normalize is to use MSRP, or a typical options load out (e.g. MSRP+25%) 2) 2012 MY in particular had stratospheric MSRP's as many were hyper optioned dealer demos - so super high MSRP with relatively high (for Ferrari) miles at sale data (e.g., 800-1500 miles) 3) 2013 MY - which shipped about 2X the volume of units in the US IIRC - had an effective 15% price reduction built in by making some previous "pay for options" into standard equipment, which I think 90% of cars were ordered with (eg. electrochromic mirrors, cruise, auto tail gate, etc). 4) It's a V12 2+2. That law of physics still hasn't changed. 5) FF is definitely polarizing - niche car would be an understatement. 6) FF - at least to me - was among the most heavily "pushed" new platforms by Ferrari, and the timing of that coinciding with F12 and Speciale led to some dealer "channel stuffing", which resulted in waves of used trade ins and a relative spike in inventory (supply v. demand still works). 7) Asking prices (whether or not the car has shields or garage door openers) and actual sale prices are still apples and oranges. 8) I am sure the GTC had an effect, but realistically I think very minor....the FF run was basically done before the GTC was effectively out there. Now, the GTC might see a fresh pop for those who saw the FF's saying as a bridge too far - but unless the GTC has huge CaliT volumes (possible with the V8TT), the GTC will be low volume. 9) The used FF market has a lot of competition - as in, decent supply to pick from, but some solid alternatives if the buyer is looking beyond a Ferrari. New Panamera Turbo S will have the numbers, 4 doors, warranty, etc. In terms of real experience, our first FF saw real depreciation of about 15% in year 1, 10% in year 2 - on a "reasonable spec". Use just MSRP and it looked slightly better. IF we had bought a $400K MSRP, we would have seen closer to 27% in year 1 and 15% in year 2. The big variable in the used FF market is the limited pool of buyers.... FWIW on the F12, the car held a small premium and held MSRP for less than a full year after introduction; by end of year 1 the depreciation curve was back on track. In contrast, our Speciale went for a healthy premium on MSRP after 2+ years and 6,000 miles! Cali and CaliT take smaller hits on absolute dollars, but I"d imagine %'s are big. Our dealer is always shopping a handful of recent CaliT trades to us - and while they are nice cars, even the CPO pricing "ask" price indicates a lot of movement. Supply right now is also probably high going into winter and pricing probably reflects that
I'm not a Ferrari fan (in the traditional sense) in that none of the cars appealed to me due to lack of practicality as my wife is a wheelchair user. So it could only ever be used by me alone. Plus they were all a bit hardcore for me if I'm honest. The FF and now the GTC have opened up ownership to me and I think the car looks fantastic. The V8TT idea of the new GTC appeals to me simply because of fuel range. I can't think of a car I would prefer to do a Euro trip holiday in other than the FF but you'd have to plan it using fuel stations! I'm going to see what comes on the market in the first half of this year as far as FF's go with the aim to get one with a pano roof 2014 or later (in the UK).
I cant believe all you guys get fooled by the Troll who just joined and has only made one post...about why FF prices are falling. Im going to give some advice. Dont just respond to anything on the internet. Check to see who you are responding to. Join date/post history/etc...
Keep all the good infos flowing. Everything sure sounds good especially for those interested in picking up a used one. Definitely love having the new PTTS wagon that is due to arrive soon as a possible alternative.
