Discussion
Hi Noor,
Hope you are well, WA me if you prefer, I'm in a similar position.
Moving from One to One to either an FF or F12, this is not a performance issue but where best to position the capital and protect the investment. I had an interesting phone call from a well know Ferrari dealer, said he had a client interested in buying the car, asked me what number to buy is. This dealer also advised me in June 2015 that my car would be worth £150k by spring 2016, with this in mind I told him the number is £150k buys the car today.
After several weeks nothing came of it however the lesson to be learnt is One to One 612's are rare in the UK, produced in limited numbers and are increasing in value. I'm monitoring values weekly, go see Autotrader, of the 14 cars listed 7 are left hand drive, one being a Sessanta which is also collectable. The rest are earlier cars, all nice however not as desirable as the later edition One to One's.
Before I decide when to sell and for how much I'm waiting to see a late rhd one to one listed for sale. The reason there are none is because collectors are hanging on to them, me included. Mines a black on crema Daytona, late 2008 with 10,500 miles on the clock with the balance of its original Ferrari warranty and I challenge anyone to go find one available now for sale!
My belief is that I'll be able to ask my own price in years to come therefore switching to an FF or indeed F12 is not necessarily the best move. If I were to advise you I'd suggest buying an F12, you'd need to put more in but it will hold its value better together being produced in smaller numbers.
Charly Sparrow
Hope you are well, WA me if you prefer, I'm in a similar position.
Moving from One to One to either an FF or F12, this is not a performance issue but where best to position the capital and protect the investment. I had an interesting phone call from a well know Ferrari dealer, said he had a client interested in buying the car, asked me what number to buy is. This dealer also advised me in June 2015 that my car would be worth £150k by spring 2016, with this in mind I told him the number is £150k buys the car today.
After several weeks nothing came of it however the lesson to be learnt is One to One 612's are rare in the UK, produced in limited numbers and are increasing in value. I'm monitoring values weekly, go see Autotrader, of the 14 cars listed 7 are left hand drive, one being a Sessanta which is also collectable. The rest are earlier cars, all nice however not as desirable as the later edition One to One's.
Before I decide when to sell and for how much I'm waiting to see a late rhd one to one listed for sale. The reason there are none is because collectors are hanging on to them, me included. Mines a black on crema Daytona, late 2008 with 10,500 miles on the clock with the balance of its original Ferrari warranty and I challenge anyone to go find one available now for sale!
My belief is that I'll be able to ask my own price in years to come therefore switching to an FF or indeed F12 is not necessarily the best move. If I were to advise you I'd suggest buying an F12, you'd need to put more in but it will hold its value better together being produced in smaller numbers.
Charly Sparrow
... or you just buy an FF (or indeed F12) to drive (assuming you prefer it to the 612 after a test drive) and worry about its future value if you ever sell it again. I have put nearly 10k km on mine over winter, good fun and very useable - even gets up our steep Austrian hills on snow.
Charlysparrow said:
Before I decide when to sell and for how much I'm waiting to see a late rhd one to one listed for sale. The reason there are none is because collectors are hanging on to them, me included. Mines a black on crema Daytona, late 2008 with 10,500 miles on the clock with the balance of its original Ferrari warranty and I challenge anyone to go find one available now for sale!
Challenge accepted.http://www.pistonheads.com/classifieds/used-cars/f...
What do I win? A weekend in your car perhaps?
kryten22uk said:
Challenge accepted.
http://www.pistonheads.com/classifieds/used-cars/f...
What do I win? A weekend in your car perhaps?
http://www.pistonheads.com/classifieds/used-cars/f...
What do I win? A weekend in your car perhaps?
Charlysparrow said:
Thats so funny Bertie, when did that appear?
And proves my point, these cars are appreciating and will not stop at £150,000! This time next year it's a £200,000 car....
Not me, it was Kryten who posted it, I simply found it amusing.And proves my point, these cars are appreciating and will not stop at £150,000! This time next year it's a £200,000 car....
Personally I can't see how a 612 can be worth more than an FF, unless it's a manual.
The most interesting thing now is what impact the GTC Lusso will have on used FF prices. I believe FF prices still have some dropping to go therefore now is not the time to take a punt.....
On the subject of manual 612's, most were produced early in the production run, manual or auto early cars were not liked by the press, prior to improvements made to suspension, gearbox mapping, braking etc with the introduction of the HSTS and latterly C starting around 2006.
17 RHD one to one HSTC's (carbon ceramic brakes) were registered in the UK making it rare and the one to buy, these cars are making a come back in the Ferrari world and increased prices are starting to reflect this.....
Charly Sparrow
On the subject of manual 612's, most were produced early in the production run, manual or auto early cars were not liked by the press, prior to improvements made to suspension, gearbox mapping, braking etc with the introduction of the HSTS and latterly C starting around 2006.
17 RHD one to one HSTC's (carbon ceramic brakes) were registered in the UK making it rare and the one to buy, these cars are making a come back in the Ferrari world and increased prices are starting to reflect this.....
Charly Sparrow
TurboTerrific9 said:
Agreed - the 612 is a good car but not in the same league as the FF.
That may be the case but it's not relevant when it comes to the market value of Ferraris. The prices are heavily influenced at present by the desire of people to collect, or to be a part of the self-fullfilling investment prophecy.So the relative rarity of a 612OTO will easily be a reason for its value to be higher than a FF.
kryten22uk said:
TurboTerrific9 said:
Agreed - the 612 is a good car but not in the same league as the FF.
That may be the case but it's not relevant when it comes to the market value of Ferraris. The prices are heavily influenced at present by the desire of people to collect, or to be a part of the self-fullfilling investment prophecy.So the relative rarity of a 612OTO will easily be a reason for its value to be higher than a FF.
Charlysparrow said:
The most interesting thing now is what impact the GTC Lusso will have on used FF prices. I believe FF prices still have some dropping to go therefore now is not the time to take a punt.....
On the subject of manual 612's, most were produced early in the production run, manual or auto early cars were not liked by the press, prior to improvements made to suspension, gearbox mapping, braking etc with the introduction of the HSTS and latterly C starting around 2006.
17 RHD one to one HSTC's (carbon ceramic brakes) were registered in the UK making it rare and the one to buy, these cars are making a come back in the Ferrari world and increased prices are starting to reflect this.....
Charly Sparrow
Very late almost new FFs might take some pain, but early 2012-14 cars I can't see being effected.On the subject of manual 612's, most were produced early in the production run, manual or auto early cars were not liked by the press, prior to improvements made to suspension, gearbox mapping, braking etc with the introduction of the HSTS and latterly C starting around 2006.
17 RHD one to one HSTC's (carbon ceramic brakes) were registered in the UK making it rare and the one to buy, these cars are making a come back in the Ferrari world and increased prices are starting to reflect this.....
Charly Sparrow
If anything the renewed interest might drag them up a touch.
The FF is a colossal leap on from a 612, lovely as they are.
Charlysparrow said:
Have never doubted the FF in terms of ability, no doubt I concur with all on that. However there will be a time in the not too distant future where 612 values surpass values of early FF's.
Watch this space......
Although the general sentiment behind this is well proven, I think there are also other things that influence it. For example, that old 70's 4 seater, the GTC I think it was called, with 6 rear lights. That car has been going quickly north and clearly drives not even nearly as well as either OTO or FF. That follows your theory well; it is rare, evocative, pretty, collectable.Watch this space......
But, the 612, which directly preceded the FF, and is neither significantly more beautiful or more interesting, I believe will continue to be heavily influenced by the floor of the FF. The only real exception to this would be a manual box car as someone stated above. So a OTO will be more valuable than a 612 but the whole of the 612 range will be held down by FF until both cars are a few generations old when the interesting tech and superior performance is no longer even remotely significant.
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