2016 F12 tdf 150 miles on it estimate 1.2 -1.3 million Sold including buyers premium for $1,320,000 Image Unavailable, Please Login Image Unavailable, Please Login
Good question. Not a fan of MF's collection... it looks more like a dealership storage warehouse, he buys everything that comes out and sells shortly after. Some cars have chrome aftermarket wheels, other don't, a lot have absolutely weird combos. There is no real logic I think The tdf wasn't alone ,he sold many Ferraris at that auction including a Speciale A
Which makes you wonder about everything you hear about Ferrari not liking flippers.....they seem to keep supplying him. You are not wrong about the weird decor! See https://www.ferrarichat.com/forum/threads/michael-fux-all-yellow-and-all-white-599s-at-mecum-auction-results.567644/
I love the white on white 599, the Sonny Crockett/Coconut Mafia/Cocaine Miami thema is great But yellow on yellow... I wonder how can someone like yellow leather... anyway... to each...
By Mr Fux's standard, it's a very conservative spec. His LaF is also very tame, compared to his Acid Green 918 or full carbon green P1 with green interior and green wheels. Wonder why he's selling all those LE cars.
Surprised at the price of the 458SA, I thought the V8 Aperta with only 499 built would outshine the TDF V12 with 799 built on a percentage over list price calculation. The Aperta is becoming a good buy for a long term hold at this point.
Both cars seem to be following the same pricing trajectory - the premium on early cars is 60-75% of MSRP, followed by a period of market frenzy with premiums of 100% (+ !) of MSRP and then settling back into a range where the premiums are 50-60% of MSRP. The 458SA has been on the market for a little longer than the TDF, so it's further along and settling into the lower range of premiums over MSRP.
I'm continually staggered how we are in an age where you can buy a limited edition car, spec it pretty much anyway you want it, drive it a bit, then sell it for double (?) what you paid. Amazing times, this.
I was just coming back to edit my post to say something to the effect that "of course both the short and long term premium depends on the mileage and how, um, "creative" the original owner decided to be with their spec". There are some truly, uhhh, individual TDFs and SAs out there
Interesting because modern v8’s usually hold their values better than v12’s, you would think the same would apply to limited editions but it doesn’t. I must admit driving my TDF seems like more of an event than the Aperta, even when it’s sunny and the top is down, although it’s close.
I think the V12 is seen as more prestigious. Hence the higher price for V12s than V8s. When it comes to "regular" production models, such as the 488 and the 812, both get more exposed to the gap between new buyers and the rest of the market place, often made up of enthusiasts but not the wealthy first time buyers. They likely have moved on to the next hot production model. Thus the car with the higher starting price, the V12 model, suffers worse depreciation. You will see the V12 model for any given generation tend to garner higher prices than the V8 of that period, but the gap between the two probably isn't as large. I wonder what it is in percentage terms. The limited cars tend to be owned by collectors and thus, they have the opportunity to appreciate. Numbers matter but the V12 is the iconic engine that most associate with Ferrari's roots- though they did have different engine configurations throughout their history. There are many things I love about Ferrari, this highlights one of them, there are really no rules, even the guidelines are subject to change. So the only sound advice is buy what you love, the rest can change. I would love to have a 458 Speciale A, but I would love to have an F12tdf even more! Its just how it computes in my brain. As an aside, we are lucky to be enjoying this era of cars, they are all amazing!
The number of people who can afford these expensive cars has increased more than the production/ supply. People with wealth always seem to want what is more exclusive. Just look at History over the past several thousand years. Kings, Pharohs, Emporers, titans of business, dictators, drug lords, etc. They have one thing in common. They like to make their mark in everything they do and own.
And those new to the brand , no matter their net worth have no other choice but to buy these hard to get cars on the secondary market.
tdf 224563 went for 1.325M yesterday - tdfs seem to be holding pretty firm https://www.rmsothebys.com/en/auctions/AZ18/Arizona/lots/r246-2017-ferrari-f12tdf/625401
