Hi Guys and Gals, I am interested in purchasing a V12 Lusso, but have been waiting for some of the significant depreciation to have already taken effect. Questions Please: A) How much does a typical Ferrari dealer markup a car after trade-in for resale? B) Is my analysis below overly optimistic/correct?: 1) FF prices have been negatively impacted by the Lusso. New and improved version (I know this is subjective) has further pushed down prices. This wont be the case with the V12 Lusso as this is the last V12 4 seater Ferrari. Going forward it’s the SUV. Therefore I assume the V12 Lusso prices will be higher than what the FF has shown over the last 8 plus years. 2) Good examples of the Lusso are now at or over £100k ($130k USD) off list equating to about 40% to 50% off new. Highly optioned cars are as much as £170k/£180k off list, 40% to 50% off the list. Is this the sweet spot in the depreciation curve? 3) FFs here in the UK having asking prices of £100k/£90k ($115k to $130k) to £140k ($180k) depending on age and spec. I assume a car that’s 5/6 years old with say 15k miles sells for around £125k ($160k). This my assumption looking at asking prices and I could be wrong. Does this sound correct? Based on the above, if someone is able to buy a well looked after V12 Lusso (say almost new 2018 or 2019) with under 5k miles for £170k/£180k it should be worth somewhere around £130k/£140k in 4 years. Is my thinking flawed? Thank you all for the help and I look forward to sharing my next purchase with you all.