[Ayersy]

Hey, looking at dipping my toe in the second hand scaglietti Market. Looks like depreciation on the scaglietti is pretty steep if you buy from new. I was wondering at what point the 612 holds it's value. I'm looking at a 2006 with 26,000 on the clock at 70k sterling. Should I expect a great deal of depreciation on this? Any feedback welcome!

[Barry]

Ayersy
Welcome to Ferrari Life. The 612 is a wonderful long distance cruiser that still as plenty in reserve for spirited country road fun. A 2006 model should have already taken the majority of it's depreciation already, though I am sure some UK members can offer a more educated opinion on the issue. Good luck with the hunt.

[tazandjan]

Ayersy- Welcome to Ferrari Life. Doug is our resident 612 expert since he owns a beautiful 06, Grigio Ingrid, HGTS 612. The heavy depreciation is over, like Barry said, and 70K pounds sounds like a very good price. The 612 is the first of the V12s with really modern amenities and interior. The drivetrain is very similar to the 575M drivetrain, tough as nails and very reliable and powerful. You will love the torque and hp and the continent-eating capabilities of the car.

The 612 has rubber cam timing belts that need to be replaced every five years, so 06s are probably due. Make sure you check. The good news is they are not that expensive to change because they are done with the engine in place.

[champagne612]

Originally Posted by Ayersy

Hey, looking at dipping my toe in the second hand scaglietti Market. Looks like depreciation on the scaglietti is pretty steep if you buy from new. I was wondering at what point the 612 holds it's value. I'm looking at a 2006 with 26,000 on the clock at 70k sterling. Should I expect a great deal of depreciation on this? Any feedback welcome!

Welcome to FLife

I have a 2006 612 - if you can find one with the HGTC package I recommend it.

Depreciation will be far less IMO than any other like car and there is nothing close that will perform like it in it's class.

Obviously bias

[Ayersy]

Originally Posted by Barry

Ayersy
Welcome to Ferrari Life. The 612 is a wonderful long distance cruiser that still as plenty in reserve for spirited country road fun. A 2006 model should have already taken the majority of it's depreciation already, though I am sure some UK members can offer a more educated opinion on the issue. Good luck with the hunt.

Thanks Barry, appreciate the comments

[Ayersy]

Originally Posted by tazandjan

Ayersy- Welcome to Ferrari Life. Doug is our resident 612 expert since he owns a beautiful 06, Grigio Ingrid, HGTS 612. The heavy depreciation is over, like Barry said, and 70K pounds sounds like a very good price. The 612 is the first of the V12s with really modern amenities and interior. The drivetrain is very similar to the 575M drivetrain, tough as nails and very reliable and powerful. You will love the torque and hp and the continent-eating capabilities of the car.

The 612 has rubber cam timing belts that need to be replaced every five years, so 06s are probably due. Make sure you check. The good news is they are not that expensive to change because they are done with the engine in place.

Well I look forward to hearing from Doug!!!
The rubber cam timing belts will be replaced by the dealer. I was hoping the vast majority of depreciation would be over given this is a 5yr old car, but I didn't want to skimp on quality of the 612 just to save a few grand. Probably looking to get a couple of years fun out of this scaglietti before trading it in

[Ayersy]

Originally Posted by champagne612

Welcome to FLife

I have a 2006 612 - if you can find one with the HGTC package I recommend it.

Depreciation will be far less IMO than any other like car and there is nothing close that will perform like it in it's class.

Obviously bias

Oops apologies, just realised you are Doug! Thanks for your comments

[Boxer]

If you are looking in the UK, early 612s are now in the GBP 50-60k range which is huge value. I doubt they will depreciate much more and I would estimate the floor somewhere in the GBP 40-50k range.

[Ayersy]

Originally Posted by Boxer

If you are looking in the UK, early 612s are now in the GBP 50-60k range which is huge value. I doubt they will depreciate much more and I would estimate the floor somewhere in the GBP 40-50k range.

Thanks boxer, exactly what I was hoping to hear. I can barely wait, only problem is that it has just dumped with snow!!

Regarding storage, do you keep yours under cover or on driveway? I was wondering whether to rent a garage space as I live in London and it's either road parking or a small driveway

[Boxer]

Originally Posted by Ayersy

Thanks boxer, exactly what I was hoping to hear. I can barely wait, only problem is that it has just dumped with snow!!

Regarding storage, do you keep yours under cover or on driveway? I was wondering whether to rent a garage space as I live in London and it's either road parking or a small driveway

I keep all my cars garaged and would recommend doing the same. However I have seen plenty of Ferraris parked on the street in London.

Let me know if you need help finding a 612, there are a couple of people I would recommend contacting to help source a good car.

[champagne612]

Originally Posted by Ayersy

Oops apologies, just realised you are Doug! Thanks for your comments

haha ... no biggie Terry is the pro and I have benefited greatly from his knowledge - cept it's Nuvolari paint which I didn't even know til recently.

I have never owned a car as long as the 612 - everything else I have driven it beats hands down repeatedly.

Original sticker was around 340 and today the car is worth maybe 130.

The toxic depreciation is gone and the build quality is as good as it gets so one with 20k will still look and perform almost like new.

At 15k - original clutch 83% and brakes are at 70% which are the same on a Subaru but a lot cheaper

[Ayersy]

Ok, another question, how does the introduction of the Ferrari FF affect the scaglietti, which it effectively replaces? Does it consign it to the scrapheap, or does it simply ensure that the scaglietti will always hold a valued place in ferraris history by it not being over produced thus saturating the marketplace??

[champagne612]

Originally Posted by Ayersy

Ok, another question, how does the introduction of the Ferrari FF affect the scaglietti, which it effectively replaces? Does it consign it to the scrapheap, or does it simply ensure that the scaglietti will always hold a valued place in ferraris history by it not being over produced thus saturating the marketplace??

I really wanted to order a new Ferrari and the FF was the target.

After seeing it and what it offers for me vs the 612 - the idea of signing a check for 250k to make the change made zero sense.

The 612 will drop - they all do 5 -10% or so a year on average.

Mine was worth 140 last year and 130 this year - IMO.

The OTO has a lot of advantages - which will cost another 30 - 60k.

I am not a fan of ceramics - which is why I suggested the HGT with steel brakes. Best of all worlds and should hold it's value the best.

Not every 612 is created equal - just depends on your budget.

[tazandjan]

Doug- Tell us about the Nuvolari paint.

[Boxer]

Originally Posted by Ayersy

Ok, another question, how does the introduction of the Ferrari FF affect the scaglietti, which it effectively replaces? Does it consign it to the scrapheap, or does it simply ensure that the scaglietti will always hold a valued place in ferraris history by it not being over produced thus saturating the marketplace??

Definitely not the scrap heap. As the FF is 4wd, it leaves the 612 as the last 2+2 modern front engine rear wheel drive Ferrari. It will also be the last 2+2 available as a manual. Long term, I think they will be highly regarded.

[wetpet]

under 100k us for a 612 sounds pretty amazing.

[champagne612]

Originally Posted by tazandjan

Doug- Tell us about the Nuvolari paint.

I was told 23k extra - which Ferrari subs out to an off site contractor resulting in much higher quality of finish.

No one can confirm the name of the shop but apparently it's very close by.

The original dealer contacted about 6 months ago to make an offer to buy it back and replace it with an FF - sort of an odd conversation but explained the spec of the car. The leather was then color matched to the Nuvolari paint over Cuio seats and headliner adding another 12k.

Maserati offers the colour Grigio-Nuvolari from their custom palatte which is named in the honor for his exploits behind the wheel of their vehicles.

http://www.youtube.com/watch?v=TTdqegIa3m8

[tazandjan]

Ed- There have been a couple of realtively high mileage (~50K miles) 612s, one offered for $88K, in the last month or so in that range. The $88K car was really nice and was well known as having been maintained and updated without regard for cost. Was snapped up pretty quickly.

[champagne612]

Originally Posted by tazandjan

Ed- There have been a couple of realtively high mileage (~50K miles) 612s, one offered for $88K, in the last month or so in that range. The $88K car was really nice and was well known as having been maintained and updated without regard for cost. Was snapped up pretty quickly.

That's the beauty of the modern Ferrari's people can drive them everyday.

Those guys picking up 612' can drive em another 50k miles with very little maintenance - good for them.

12 cylinder Ferrari's in a dd - doesn't suck

[marcus a]

While we're talking 612's (tremendous car by the way) I don't suppose anyone can recommend me some tyres for the HGTS wheel. I've got two sets of wheels and I'm currently on black which I think really suit my black bodywork but I'm going to put my grey set on for the spring just for a change of look.

Never been a fan of the perelli p-zeros, I find them a bit too noisy and not very smooth. I've seen a clip on you tube with a car wearing hankooks on this wheel.
Has anyone any experience with any other tyres other than the p-zeros's??