What is the fair price for a pre-owned FF? | FerrariChat

What is the fair price for a pre-owned FF?

Discussion in 'FF/Lusso' started by mxu, Nov 23, 2013.

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  1. mxu

    mxu Rookie

    Feb 3, 2013
    5
    NYC
    I am now dealing with a Ferrari dealer for a 13 pre-owned FF with 300 miles, MSRP 361K.
    They said they could sell to me for 295K and give me 175K on my Mclaren mp4-12C(11K miles). Is it a good deal?
     
  2. mxu

    mxu Rookie

    Feb 3, 2013
    5
    NYC
    I am sorry, 1K on the Mclaren.
     
  3. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    34,433
    Full Name:
    Joe Mansion
    I think your Mclaren could sell for more than $200k privately. The FF price is a good deal though. Is the FF price contingent to you trading your Mclaren?
     
  4. Noblesse Oblige

    Noblesse Oblige F1 Veteran

    Nov 7, 2011
    6,114
    Three Places
    I am more familiar with FF prices than MP4s. I think the asking price is about right for that car.
     
  5. Stevenb

    Stevenb F1 Rookie

    Aug 5, 2012
    2,799
    Los Angeles
    Full Name:
    Steven
    wow that is a big depreciation hit on the ff
     
  6. Scude

    Scude Formula Junior

    Nov 7, 2010
    616
    Southern California
    Full Name:
    Scuderia Ferrari
    Turn in an FF and watch them give u $245K!!
     
  7. mxu

    mxu Rookie

    Feb 3, 2013
    5
    NYC
    I think so, but 175K for the mclaren is little bit too low.
     
  8. qwertstnbir

    qwertstnbir Formula 3

    Jul 14, 2013
    1,620
    can someone explain me how Ferrari valuate their cars? price is based on production cost? price of new FF is high because it have two gearboxes and 12 cylinders?
     
  9. frefan

    frefan F1 Veteran

    Apr 21, 2004
    7,370
    Mxu I traded my 2012 12c with 8k miles for 190. That was dealer wholesale.
     
  10. Entropy

    Entropy Formula 3
    Owner

    Jul 10, 2008
    2,149
    The FF pricing sounds about right....

    IMHO, the "perfect" base FF spec is about a $330K car. Most options beyond that are vanity and finish choices....eg. carbon fiber, leather, passenger display et al that typically do not get recaptured at trade-in, but may get a premium if the right car finds the right buyer.

    With that view (and it's easy to disagree or poke holes in that logic), the effective depreciation on the car is a bit more than 10%. For a 2013 with 300 miles, that's reasonable assuming it's a spec someone would want.

    It's a 2013....so now one model year removed. I'd imagine with only 300miles it was a demo OR a car someone ordered and did not take OR someone took and is swapping after holding for 6 months. In any of those scenarios the dealer will be motivated to move the car.

    FWIW our 13 FF with 4K miles on it (i.e. my "perfect spec" noted above) got a trade-in quote of about 17% depreciation off MSRP.
     
  11. raider1968

    raider1968 F1 Rookie
    Owner

    Mar 13, 2008
    4,966
    NC Mnts & Asheville
    Full Name:
    John E
    I was offered by a dealer a 2012 FF with 1500 miles and a $403,000 msr for $298,000 in May 2013
     
  12. DaveMc

    DaveMc Formula Junior

    Nov 29, 2012
    413
    Palm Coast, Florida
  13. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,665
    South East
    Full Name:
    Jimmie
    Surely some of that depends on if you want the FF - based on your brief description of the McLaren it seems likely you won't do many miles in the FF but will trade it in about a year for another large loss which will make a few thousand either way on this trade irrelevant
     
  14. carcommander

    carcommander Formula 3

    Sep 28, 2006
    1,705
    Southeast
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    Jim
    Unless you are really enamored with the FF I would shop the McClaren around and then shop for an FF. FF's are not flying off the shelf. That trade is 25 to 30k light.
     
  15. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    11,610
    Agreed with Jim. Neither car is exactly lighting up the used car market.
     
  16. srq308

    srq308 Rookie

    Jun 27, 2011
    16
    2013 FF 1200 miles MSRP 367K being offered 240k trade in wholesale.

    I would think 275K is a good price retail for a car like that.

    They want to pop 10 to 30k on resale.
     
  17. mxu

    mxu Rookie

    Feb 3, 2013
    5
    NYC
    They could also sell me a 2014 brand new one for 310K, MSRP 338K. What about this deal?
     
  18. carcommander

    carcommander Formula 3

    Sep 28, 2006
    1,705
    Southeast
    Full Name:
    Jim
    My guess is in a year a 2012 will be 225 to 235. Does the money matter? The looks of a FF are controversial. They will be depreciate stones.
     
  19. PhilNotHill

    PhilNotHill Two Time F1 World Champ
    Owner

    Jul 3, 2006
    27,855
    Aspen CO 81611
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    FelipeNotMassa
    A new Porsche Macan turbo will run you about $90k. A fully optioned Cayenne maybe $120k.

    Why an FF?
     
  20. Aedo

    Aedo F1 Rookie

    Feb 22, 2006
    3,616
    Perth
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    Steve
    You're seriously comparing a Porsche truck to an FF? :confused:
     
  21. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,256
    FF is a crap load car at 250k...anyone who hates the looks shld go drive one...
     
  22. needspeed

    needspeed Formula Junior

    Oct 5, 2006
    579
    Middle of nowhere IA
    Full Name:
    Steve
    If your are saying that at $250K you get a hell of a lot of car that can do most anything and is still a Ferrari, then I am with you....Steve
     
  23. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,256
  24. DaveMc

    DaveMc Formula Junior

    Nov 29, 2012
    413
    Palm Coast, Florida
    I did. I hate the looks of the rear of the car, but I drove one a few weeks ago and I was very impressed. Great car to drive.
     
  25. carcommander

    carcommander Formula 3

    Sep 28, 2006
    1,705
    Southeast
    Full Name:
    Jim
    I have driven a FF and own a 13 cayenne GTS. FF drives great looks ugly IMHO. Looks matter to me. There is no line to buy a new FF. The Cayenne is not the equal an FF.
     

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