I had a 2007 430, then a 2012 458, and now have a 2015 F12 Berlinetta which I use a daily driver in summer here in Ohio (even when it rains) for about 3000 miles total per year.
The F12 is phenomenal ... comfortable, handles great, and (very) fast. I haven't had reliability issues with any of them, and I hear "garage queen" Ferraris with super low mileage have the most mechanical problems. Don't buy a 5 year old Ferrari with 400 miles. These cars need to be driven. Yes 7 years included maintenance.
I do exactly what you describe, buying each Ferrari a couple years old with 2-3k miles (I bought the F12 two years old with 900 miles and 100K off sticker) and then holding on to it for about 3-4 years. I've lost very little on each car, you just need to time it correctly. Let the new model come out and then buy the outgoing model after it falls in price a bit. Ignoring taxes, I lost $7k to own the 430 for 4 years and $8k to own the 458 for 4 years. So it almost comes down to the time value of money. The mid-engine 8 cylinder models seem to hold their value the best, with a steeper depreciation curve on the 12 cylinder models.
FWIW I think a lightly used F12 is best value high-end sports car right now, as it's depreciated into the low 200s (original sticker typically mid 300s to low 400s depending on options/factory carbon fiber) and is holding tight on value.
ferrarichat.com is the whatsbestforum of Ferrari news. Nice, helpful, passionate people who really care about their hobby. I would recommend posting this question there, and also reading up on all things Ferrari.
The F12 is phenomenal ... comfortable, handles great, and (very) fast. I haven't had reliability issues with any of them, and I hear "garage queen" Ferraris with super low mileage have the most mechanical problems. Don't buy a 5 year old Ferrari with 400 miles. These cars need to be driven. Yes 7 years included maintenance.
I do exactly what you describe, buying each Ferrari a couple years old with 2-3k miles (I bought the F12 two years old with 900 miles and 100K off sticker) and then holding on to it for about 3-4 years. I've lost very little on each car, you just need to time it correctly. Let the new model come out and then buy the outgoing model after it falls in price a bit. Ignoring taxes, I lost $7k to own the 430 for 4 years and $8k to own the 458 for 4 years. So it almost comes down to the time value of money. The mid-engine 8 cylinder models seem to hold their value the best, with a steeper depreciation curve on the 12 cylinder models.
FWIW I think a lightly used F12 is best value high-end sports car right now, as it's depreciated into the low 200s (original sticker typically mid 300s to low 400s depending on options/factory carbon fiber) and is holding tight on value.
ferrarichat.com is the whatsbestforum of Ferrari news. Nice, helpful, passionate people who really care about their hobby. I would recommend posting this question there, and also reading up on all things Ferrari.
Attachments
-
IMG_9201.jpg
