Warning | V12 Ferrari Prices Continue to Drift Lower
Вставка
- Опубліковано 8 чер 2024
- Ferrari prices continue to drift lower after they came down from their market top. But the differences between the models are large and range from 2% depreciation to 10%.
Follow me on Instagram
/ fourwheeltrader
Contact me
fourwheeltrader@gmail.com
More market analyses
Porsche: • Porsche depreciation a...
Ferrari: • Ferrari depreciation a...
McLaren: • McLaren depreciation a...
Audi: • Audi depreciation anal...
Quarterly car market updates: • Car market deep dives
Content
00:00 Large differences
00:36 Price trends
06:19 Market comparison
08:37 Inventory dynamics
10:34 Conclusion
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision. - Авто та транспорт
What car would you like to see analyzed next?
F8 dropping big
You can see the price trends for the mid-engine models over here: ua-cam.com/video/kA2tWiyljh0/v-deo.htmlsi=bLT0zNVMeaCRV_wD
Can you do Aston Martin, including DBX?
For April Fools Day, do Mitsubishi Mirage
612 Scaglietti please!!!!!!
Why is this a warning? It should be a celebration that they are becoming more affordable! If they drop far enough I'm getting an F12.
Because the people who own them don’t enjoy them and have them as investments.
So with prices dropping they are fucked.
So this is a warning for them. 🤷🏿♂️
I appreciate this video. Thank you. I’m in the market for a GTC4 Lusso V12 and pricing seems to be all over the place. The difference between a 2017 and 2020 is staggering. Like $230k vs $300k, despite both being out of warranty and no upgrades between model years. Missed out on a gem (black, 2019, $219k, 10k miles) by dragging my feet. Anyway… thanks again for the data
The interesting thing is.. I'm standing exactly where you're right now and always loved the idea of the FF and GT4Lusso, missed out on cars that went as low as 140k USD.. lowest advertised currently where I live is about 160k USD with about 42k kms..
But the only thing is I'm lucky enough to get the chance to invest in some very limited production cars directly from the dealership without markups and I can only buy one car after liquidating some assets.
Not sure which one to get.. you can read my other comment to find out.
Good luck with your investment, it's a really nice car
really enjoy your vids! thx much!
One question I have about the histogram chart: They all, collectively, skew negative. This makes sense; most cars depreciate. Eventually that changes. Cars get old enough that you reach a threshold where they should all, collectively, skew positive. What age does that happen? This will vary based on many factors, but given a broader sample set, such as this, it must happen. Not sure it's worth taking the time to actually figure out, but it would be an interesting analysis of the data. Could mark the period where, generally speaking, cars simply become good investments.
That would be an interesting video.
This dynamic is the exact one that a guy built an entire businesss on, you can either subscribe and listen or just take my word for it. It’s exotic car hacks, he’s got lots of videos on UA-cam. He is in a number of businesses- one of them of course is the subscription itself, he does buy high end exotic cars, sometimes stores, sometimes flips. He buys/sells other luxury items too, it seems that there is an entire market out there that simply doesn’t participate in the markets that us mere mortals, the little people live in.
I can say with near certainty that he has information we don’t have- he’s watching the market daily, has a network of a few trusted dealers that he talks to daily or nearly so, likely has whatever the database that car dealerships subscribe to that shows every transaction is called and he has years of experience. The guy and his team literally know about every ultra high end exotic that is on the market, are familiar with many, having either bought/sold them or know who did. That’s a tremendous advantage and that too is for sale- he offers his services, to buy or help you sell your exotic car for a varying fee.
His basic model is kind of what you described- when high end low mileage exotic cars (and not all of them) run out of manufacturers warranty, they tend to flatten in value/price. It’s a legitimate business model to know which ones are likely to do what and he teaches much of what he does, perhaps all of it, if one subscribes to the most expensive of his courses.
I believe that there is a point at which exotics bottom out, maintain and sometimes appreciate but it is a very complicated and nuanced market. Is warranty a factor? Don’t know. Seems logical.
Thank you for what you do. I may end up owning an 812 or F12 someday, it’s one of three that I’ve got my eye on!
Great job as always!
Been waiting. Thank you. Although I was hoping for greater depreciation. haha. one can still dream.
I have always been curious where the data is being gathered and is it publicly available?
Your content is highly addictive - love your Ferrari coverage!
Hagerty has the FF on their Bull Market List for this year, interesting to see if their prediction based on interest they are tracking translates into a slow rise or at least stable values for these cars,
I think you mentioned that you will be covering the 575m in a future video. Looking forward to that, but any chance you can give the highlight? Is it going up or down?? Thanks!
I do not have too much data yet but prices seem pretty flat. The 575m will be included in the next update.
Can you do an analysis of testarossas???
Any chance of 550 insight?
The front engine v12s are always just about the engine, the car looks huge and heavy and very few on them are convertibles (except gts or special editions). Always liked them but never enough to buy one, always ended up with lighter midengines
A buddy of mine just bought a Ferrari 812 GTS so his timing is impeccable.
Great cuz I’m in the market for one
any plans for market research on Bentley Bentayga?
If you want to lose tens of thousands of dollars then buy a Bentley Bentayga 😅
6:00 Is me or are the 812 and 812 GTS pics mixed up?
You're correct. The chart is right but i mixed the GTS and Superfast pictures.
@@fourwheeltrader Pretty awesome car with or without the sun on your head.
Be interesting to see any data on modified car values. High level like Mansory, Novitec and other exotic car moders. You spend 500k on a car and add 250k of mods to it. Where does the value go....
@@lknanmlrecommend - anyone doing modifications - keep Ferrari OEM parts; even on super high level modifications like Novitec. Ferrari owners - in general - are obsessed with OEM.
I think if you can AFFORD a Ferrari then a few thousand dollars up or down isn’t much of an issue
Great video as always and excited about the Lamborghini market update!
Thanks. I have a huracan video planned for the end of next month. Later in the year i will add the Gallardos to it.
@@fourwheeltraderthat’s awesome! Looking forward to it!
Great show
I can't belive an FF is almost 40k cheaper than a 599 😳
Kindly appreciate your Videos Sir.
The detailed Research on the Porsches and Ferraris are amazing.
Ferrari market is alwwys amazing cuz as we see they truly do go up in value year after year.
There’s a black F12 in Albuquerque for $199k, been sitting and falling in price
That matte wrap is the issue. And mileage is too high
What about 296 prices? They are tanking in a way no equivalent Ferrari has in the past. This is new and merits major analysis.
I will include them in the quarterly mid-engine Ferrari market update.
Feels like no one is speculating on V12 Ferrari-es? Maybe they feel risky about the green movement? Maybe is less exotic than Lambo or McLaren? It is not intrinsically expensive to own but this depreciation curve has been a little bit insane right now. A V12 Ferrari is like the king of automotive world.
Portofino is generally missing from your analysis, why ? Roma is there. Thank you so much
No particular reason, I will start to track it. I believe it is the only one of the modern Ferraris that is missing.
Thank you. I am asking also because apparently (at least here in Europe) it's a car who seems to have more stable prices (after the initial big depreciation) than possibly any other Ferrari. Frequently some 4-5 yo Portofinos are now worth the same as 2yo Romas...would be interesting to know your analysis. Thank you so much@@fourwheeltrader
thoughts on purchasing a used 720s a couple of years old now? think depreciation has slowed down significnatly?
As I’m never selling my V12 Ferraris (I own them outright), whether prices go up or down is irrelevant for me.
They have been good long term investments so far, all the 50,60 models where very affordable for long time and then spiked
Yay THANK YOU
Please …..Can we see the trend for 765LT past to present to future
Check out the latest mclaren market update in the McLaren playlist.
Make a Lamborghini Huracan video!!
There is already an older one on the channel. I will update it at the end of this month.
Ferrari is the epidome of quality, speed and design.
Buy the car. Value it at zero. Enjoy it. If you then need to sell it, whatever you get back is a bonus.
DDE bought a 599 for 90k
He said the dash is “trashed” than proceeds to further beat the shit out of it 😂
@@ChrisHensleythey only deal in the lower quality examples of everything, which makes sense I suppose considering they will absolutely abuse any and every car they buy
Ferrari's are junk 😮
You buy these cars to drive them! Not to make them garage queens!