FF prices

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Discussion

Stuart12345

Original Poster:

3 posts

72 months

Saturday 13th April 2019
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Not many FF's moving looking at the ads for few months now as an interested buyer... some people were predicting sub £100k prices even £70-80K as they get to 8-10 yrs old, others saying best car ever for usability. Feels like a unique car / modern classic? So where does that leave the current pricing ?

bobhitch

26 posts

68 months

Sunday 14th April 2019
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I had a 2014 FF for a year before changing it for an F12.
Superb car, I also liked the styling which is some peoples major sticking point.
The problem with owning an older one ,even if bought for a snip, is the running costs are still those of a £250k+ V12 Ferrari.
If something were to go wrong with them I would imagine the repair costs would make the eyes water a little.

Turn7

24,150 posts

228 months

Sunday 14th April 2019
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Ive always likes the FF looks....was looking at Black one in Berkhamsted the other day....

I actually prefer the looks of it over the 488 et al

Am I correct that these are all V12 ?

MDL111

7,169 posts

184 months

Sunday 14th April 2019
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Yes, all FFs are V12, Lusso you could get with a V8 - not many in Europe did though

Turn7

24,150 posts

228 months

Sunday 14th April 2019
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I had a feeling there was difference. Is there any obvious visuals FF V Lusso ?

Forgive my ignorance.

MDL111

7,169 posts

184 months

Monday 15th April 2019
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Turn7 said:
I had a feeling there was difference. Is there any obvious visuals FF V Lusso ?

Forgive my ignorance.
The easiest is probably FF 2 rear lights, Lusso 4 rear lights. The Lusso V8 and V12 models are as far as I know not easily distinguishable (the rims are different, but I guess those can be changed)

JimmyA

23 posts

74 months

Monday 15th April 2019
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Stuart12345 said:
Not many FF's moving looking at the ads for few months now as an interested buyer... some people were predicting sub £100k prices even £70-80K as they get to 8-10 yrs old, others saying best car ever for usability. Feels like a unique car / modern classic? So where does that leave the current pricing ?
My crystal ball is as accurate as yours when it comes to pricing. But a few months into my ownership experience and I can tell you it’s just bloody epic. I need the 4 seats but equally love the styling. I’d hankered after one for several years before being able to pull the trigger and it’s not disappointed in the slightest now it’s in the garage. First car I’ve bought that I think, yeah, this could be a serious long term keeper.

PurpleTurtle

7,581 posts

151 months

Monday 15th April 2019
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Bloody love these but doubt I'll ever have the funds to buy.

I saw a black one in Sandhurst the other morning coming the other way to me on my commute, nearly crashed as I drooled over it!

MDL111

7,169 posts

184 months

Monday 15th April 2019
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I personally think they will drop quite a lot for a few reasons (top of my head)

- Generally people do not buy 4-seater Ferraris as weekend cars/as their first (and only) Ferrari, which takes support out of the market at lower pricing levels
- The design is at best seen as interesting, at worst people hate it (people who love it are relatively rare). And many will prefer the more elegant lines of the 612
- It is a complicated car with a lot of electronics, a weak(ish) gearbox and the 4RM system, which might or might not need replacing eventually
- People to tend to drive them, so as a result they have relatively high mileage, which rightly or wrongly kills values
- The Lusso is also dropping quite quickly, which will put more pressure on the FF
- With legislation in terms of emissions becoming tighter, you might not be able to drive them into city centers in the not too distant future (which kinda kills the useability aspect of the car, but is arguably less relevant on a 2-seater high days and holidays type car)

Turn7

24,150 posts

228 months

Monday 15th April 2019
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MDL111 said:
Turn7 said:
I had a feeling there was difference. Is there any obvious visuals FF V Lusso ?

Forgive my ignorance.
The easiest is probably FF 2 rear lights, Lusso 4 rear lights. The Lusso V8 and V12 models are as far as I know not easily distinguishable (the rims are different, but I guess those can be changed)
Thanks for that. I drive 30kpa for work, so get to see a fair bit of interesting stuff. Really bugs me when I dont know what Ive seen!

Van Dessel

156 posts

65 months

Tuesday 2nd July 2019
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MDL111 said:
I personally think they will drop quite a lot for a few reasons (top of my head)

- Generally people do not buy 4-seater Ferraris as weekend cars/as their first (and only) Ferrari, which takes support out of the market at lower pricing levels
- The design is at best seen as interesting, at worst people hate it (people who love it are relatively rare). And many will prefer the more elegant lines of the 612
- It is a complicated car with a lot of electronics, a weak(ish) gearbox and the 4RM system, which might or might not need replacing eventually
- People to tend to drive them, so as a result they have relatively high mileage, which rightly or wrongly kills values
- The Lusso is also dropping quite quickly, which will put more pressure on the FF
- With legislation in terms of emissions becoming tighter, you might not be able to drive them into city centers in the not too distant future (which kinda kills the useability aspect of the car, but is arguably less relevant on a 2-seater high days and holidays type car)
Interesting to follow up on this, there are now 2-3 cars just below the magic £100k mark. One admittedly appears to have outstanding finance on it. There are still 30+ UK cars on the market. Wonder if it is owners moving up to the GTC Lusso or just moving out of V12s?


Edited by Van Dessel on Tuesday 2nd July 18:38

MDL111

7,169 posts

184 months

Tuesday 2nd July 2019
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My car needed TÜV today, so had a brief chat with the dealer. They asked me if I am interested in selling the FF (resounding no) / upgrading to a Lusso (not really at the moment - I prefer some things over the FF but not that many regardless of financial considerations). I did tell them though that if they combine the tech of the SF90 with a V12 in the Lusso successor, I would be very interested as I truly believe that within the next 5-7 years or so I won’t be allowed to drive the FF into the city center of major cities anymore - which would kinda kill its daily driver ability for me (at least as long as I have to work in a major city)

MDL111

7,169 posts

184 months

Tuesday 2nd July 2019
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Shouldn’t have checked - nearly 20 FFs below 120k euros on mobile.de and one below 100k (last time I checked there was one at 120k)

A lot of car for the money, but I stick to my prediction, they will drop even further (also because the market seems to be falling off a cliff for most of these cars, not just 4-seaters)

I think in 5 years we might see 100-150k km FFs for 50k euros

Edit: and at 50k, say 4K warranty and 4-5k insurance per year is a substantial percentage of value

priley

505 posts

195 months

Wednesday 3rd July 2019
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Yes, spotted the two below the £100k mark, plus some cars are now approaching the magic ten year old sweet spot where cars seems to be in limbo between being new enough to be of interest or old enough to be classic. I picked up my first 612 for about £40k at this point.
However I think the FF's high tech nature will make running costs off putting, with front gear box replacement tales etc. I guess at the right price you get a warranty. I love them but I'll stick with the 612 for the minute.

Van Dessel

156 posts

65 months

Wednesday 3rd July 2019
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MDL111 said:
... I truly believe that within the next 5-7 years or so I won’t be allowed to drive the FF into the city center of major cities anymore - which would kinda kill its daily driver ability for me (at least as long as I have to work in a major city)
I sadly tend to agree with this. I expect they'll slice off cars like slicing a salami. Right now in the London ultra low emission zone you need to have a EURO 4 car or above to not pay the £12. To translate that into Ferrari V12 2+2 terms it means a 456 is out but the 612 and FF are OK....for now.

I suppose in 2-3 years they'll slice the salami and drop the EURO 4 cars meaning all the 612s in the London zone will need to pay. Then they might accelerate and maybe 1 year after that they'll slice off the EURO 5 cars, which would include the FF. This really depends on what type of Govt we get in City Hall and to an extent in Westminster.

So in London a FF might only have 3-4 more years of ULEZ tax-free life left. I'm sure this has been discussed as nauseum on other PH forums but it's fun to put it into V12 2+2 terms...

Gregor-lun1d

196 posts

104 months

Wednesday 3rd July 2019
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Thankfully we Scots don't need to worry too much about this at present.

I am surprised that FFs have dipped below £100k, that's a heck of a lot of car for the money.

G

Turn7

24,150 posts

228 months

Wednesday 3rd July 2019
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White FF on the M1 going into London today, anyone here ?

footsoldier

2,272 posts

199 months

Wednesday 3rd July 2019
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When FFs first came out, just before bubble mania kicked in, the expectation was they’d be at £100k within 3 years - normal V12 Ferrari depreciation.

Last few years have been unusual, and there are now lots of Lusso out there, as Ferrari dealers convinced multiple buyers that the only way to get a Pista was to buy one...which they now don’t want and can’t get out of. (Some of them didn’t even get the Pista!).

I’m interested too - the FF is the one that people tend to prefer for character, and apparently has better quality leather and finishes. A few electric glitches though.

I personally prefer the looks of the Lusso, and while 4WD and V12 is more appealing, it might be that the V8 is a better bet in terms of “financial shock” repair bills, without complicated and bespoke 4WD etc. Obviously a higher buy-in price so maybe not relevant.

Both have a way to fall IMO, but same could be said for most things right now, so it’s either buy nothing or be ready to take a hit on what you want most.


MDL111

7,169 posts

184 months

Wednesday 3rd July 2019
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The good thing RE the drive train is that you can extend the warranty to - I think - 15 years now - at which point the car will be so high mileage and so old that you’d no longer use it as a daily driver anymore anyway imo

I personally love the interior of the FF - quite spec sensitive though (for instance I much prefer the Aluminium to the carbon interior parts and definitely would not want the shift lights on it - they get quite annoying when you drive in top gear at high speed at night - constant red light in your direct vision)

I hope for the successor they will offer a tow hook (I suspect not though as they might only do that on their SUV thingy)

footsoldier

2,272 posts

199 months

Wednesday 3rd July 2019
quotequote all
MDL111 said:
The good thing RE the drive train is that you can extend the warranty to - I think - 15 years now - at which point the car will be so high mileage and so old that you’d no longer use it as a daily driver anymore anyway imo

I personally love the interior of the FF - quite spec sensitive though (for instance I much prefer the Aluminium to the carbon interior parts and definitely would not want the shift lights on it - they get quite annoying when you drive in top gear at high speed at night - constant red light in your direct vision)

I hope for the successor they will offer a tow hook (I suspect not though as they might only do that on their SUV thingy)
Didn’t realise warranty was available that long. Good to know.