Manual 599 sells for $682,000!!!! - Ferrari Life
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post #1 of 25 Old 03-14-2015, 12:55 PM Thread Starter
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Manual 599 sells for $682,000!!!!

Amazing, manual is the future!!!!!
http://www.rmauctions.com/lots/lot.cfm?lot_id=1072852
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post #2 of 25 Old 03-14-2015, 03:12 PM
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70's 80's 1 of 500 / 1 of 100 now a "MANUAL" - is going up like an elevator at the Sears tower.

F1 599 is valued below 150k - why not just rip one out and install a manual = 400k left over.

Anyway there are way more than 20 brought into the US closer to 40.

To each their own - wow!
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post #3 of 25 Old 03-14-2015, 05:35 PM
 
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That sucks. I'm officially too scared to drive my 599 6spd now. And for that matter my 612 6spd.
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post #4 of 25 Old 03-15-2015, 05:25 AM
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Originally Posted by BP95GSX View Post
That sucks. I'm officially too scared to drive my 599 6spd now. And for that matter my 612 6spd.
Congrats - nice problem to have

Flipside - you can drive the tires off and it won't depreciate.

My CGT in a similar boat - low mileage ones are going for over 700k.

Suggest a call to your insurance agent and make sure the new values are covered.
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post #5 of 25 Old 03-15-2015, 10:02 PM
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Suggest a call to your insurance agent and make sure the new values are covered.
And call again a month later. And the month after that. And....


Onno



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post #6 of 25 Old 03-16-2015, 03:04 AM
 
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What am I missing?

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Originally Posted by flumpy View Post
From the RM web site link above, this car does not appear to be highly optioned, although not all of the car can be seen and there are only a few close-up photos of the interior. But from what I can see in the RM web site photos and in their description of the car, it does NOT have:

- HGTE handling package
- CF steering wheel with LED readout
- CF interior door panels
- contrast stitching
- seat piping
- front parking sensors
- homelink
- rear leather shelf
- full electric seats
- iPod connection
- electronic inner mirror
- cascade telematic navi system
- fire extinguisher
- no colour upon request for either the exterior or interior
- no out-of-range colour for either the exterior or interior
- and what Ferrari calls "Other Options" on their window stickers.

Either RM's description is lousy and missing a lot of options or this car has only a few options. Again, please correct me if I am wrong about these options.

The car also appears to have quite a few stone chips on the front bumper

After seeing this sale, I have 3 simple questions:

1. Can a manual gear box in a 2007 599 GTB without HGTE and without a long list of other options really be worth 4x or 5x the market value of a F1 gear box model with a longer list of options or has this buyer let the auction fever make him overpay?
(I bet he/she had a serious hangover the next morning )

2. What is a 599 GTO worth now...$1,000,000+? (599 built and 125 sent to the US)

3. What is the 599 SA Aperta worth now...$2,000,000+? (80 built, no numbers for the US)

Please, please, please tell me if I am missing something!

Regards,

1999 Ferrari 550 Maranello FHP; 1999 Ferrari 456M GT; 1996 Buick Riviera; 2008 Bentley GT; 2010 Lotus Evora; 1969 Alfa Romeo 1750 GTV;
Past cars: 1965 Corvette Stingray Roadster; 1974 Corvette Stingray.
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post #7 of 25 Old 03-16-2015, 12:31 PM
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would you rather have that 599 or three 6-speed manual 575M Maranellos? or a super clean original 365GTB4 Daytona?

absolutely nuts.

and silly

Seth
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post #8 of 25 Old 03-16-2015, 04:46 PM
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Well it takes more than one bidder to drive an auction price up! I hope the underbidder realises how lucky he is.

Cheers
Michael

Current Fcars: 360 Modena
Gone but not forgotten: 360 Spider, 575M, F430.
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post #9 of 25 Old 03-16-2015, 04:52 PM
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Quote:
Originally Posted by intrepid View Post
would you rather have that 599 or three 6-speed manual 575M Maranellos? or a super clean original 365GTB4 Daytona?

absolutely nuts.

and silly
No argument - but it took many nuts to drive the price up.

Congrats to the guys who bought manuals - doubt they were thinking investment.
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post #10 of 25 Old 04-02-2015, 12:26 PM
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Quote:
Originally Posted by champagne612 View Post
No argument - but it took many nuts to drive the price up.

Congrats to the guys who bought manuals - doubt they were thinking investment.
Your probably correct. At that time, nobody knew the 599 would be one of the last models to offer a MT.

I believe there were TWO (?) Californias that were ordered with a MT. Those were probably the very last ones.

There were also a healthier percentage of 612 and F430 Manuals. But, still somewhat rare for those models as well.

Current: 2007 612 F1 HGTS
Previous: 1987 328 GTSi, 1983 512 BBi Boxer
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post #11 of 25 Old 04-02-2015, 06:13 PM
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Adam- Last number I saw on 6 speed Californias was 9, none of which came to the US.

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post #12 of 25 Old 04-03-2015, 01:25 AM
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Quote:
Originally Posted by champagne612 View Post
No argument - but it took many nuts to drive the price up.

Congrats to the guys who bought manuals - doubt they were thinking investment.
Doug, you are right, on both counts.

Those driving the prices to those levels are not the lifelong Fcar fans and drivers, they are the investors, otherwise as Seth alludes to use the money for a whole stable of your favourite Fcars.

In my case ( and it's only my opinion but based on my experience) I would never have even looked for an F1 Maranello, it had to be a manual for me. I've driven loads of F1 Maranaellos and they are great but not for my driving style and requirements. However, I never looked for a Manual (3 pedal) 360 or F430. Never driven a manual in either model and no interest....just because I want the whole F1 mid engined go kart experience. And I love it.

Never thought about future value when buying any of them because they are an investment in my sanity and enjoyment not security.

Must say though it's getting hard for all us drivers to keep pace. My Scud dream last year went out the window when the low mileage ones doubled in one year. When Scuds hit similar asking prices as a new Speciale The maths stopped making sense.

Cheers
Michael

Current Fcars: 360 Modena
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post #13 of 25 Old 04-03-2015, 02:29 AM
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Hello,
i not understand this race to the manual gearboxes .... I seen the people become crazy ....
Yes they are more reliable and easy to repair, but 70% of the people are not be able to use ...., and 80% not are be able to do the "double" during down shift ....

I had three manual car and i was happy, i changed my manual 550 with a F1 575, and i'm happy, i not would like a manual 575, probably my friend like a manual 575, and this is correct.
The thing illogical is the crazy race .....

Then we will not have to buy the F12 in the future because there no available manual?
Scuderia?
Enzo?
LaFerrari?
I need to think that those cars not will be a future investment ....?

For me the thing is not if the "manual 599 is better or not of the F1", but this race is generated by the taste of the "man" to have a thing that the other man can't to have ..... And this fire is fueled by the too money ....
This is my personal taste and i not would to offend nobody, probably also I'm like that ..... And i'm not happy ....

Fabio

PRESENT: 575 F1 HGTC ROSSO CORSA 2004' - MB CLS 350 CGI 2007'
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post #14 of 25 Old 04-03-2015, 09:04 AM
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Quote:
Originally Posted by 550_Maranello View Post
Hello,
i not understand this race to the manual gearboxes .... I seen the people become crazy ....
Yes they are more reliable and easy to repair, but 70% of the people are not be able to use ...., and 80% not are be able to do the "double" during down shift ....

I had three manual car and i was happy, i changed my manual 550 with a F1 575, and i'm happy, i not would like a manual 575, probably my friend like a manual 575, and this is correct.
The thing illogical is the crazy race .....

Then we will not have to buy the F12 in the future because there no available manual?
Scuderia?
Enzo?
LaFerrari?
I need to think that those cars not will be a future investment ....?

For me the thing is not if the "manual 599 is better or not of the F1", but this race is generated by the taste of the "man" to have a thing that the other man can't to have ..... And this fire is fueled by the too money ....
This is my personal taste and i not would to offend nobody, probably also I'm like that ..... And i'm not happy ....
There are so many dynamics at play here.

-If you want to be the absolute fastest around a track or are a serious racer, then DCT is going to be your choice. Porsche made the difficult decision to make its 911 GT-3 PDK-only for this reason, as it was too difficult to design the car for both MT and PDK.

-If you want the most "connected" experience, then a MT has no equal, as it gets you more involved and helps improve your skills, regardless of performance. Porsche was kind enough to introduce a true enthusiast car in the upcoming MT-only Cayman GT-4.

-F1 is insanely expensive to maintain and one wonders how sustainable it is. F1 is also very close to what an MT is and can probably be converted. The reverse switch needed to be replaced on my 612 F1 - $5,000+ USD! How long can Ferrari support it? Will they provide a conversion kit to MT at some point or DCT replacement?

-Face it: Ferrari (and others) now make cars mostly for wealthy collector and posers - not enthusiasts. As a result, most of these cars are designed to be easy to drive, with many expensive systems that quietly do everything for you. READ: No more MT. Despite what Ferrari states, there IS demand for MT; just ask Porsche.

-Since Ferrari and other exotic car makers are no longer making MT cars, prospectors have taken note of this and are buying up the remaining MT cars to drive up prices and force enthusiast drivers to pay a very high ransom to get them. Naturally, this has attracted collectors. Hence, don't expect to see too many of these car on the road in the future.

Current: 2007 612 F1 HGTS
Previous: 1987 328 GTSi, 1983 512 BBi Boxer

Last edited by southnc; 04-03-2015 at 09:43 AM.
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post #15 of 25 Old 04-03-2015, 12:49 PM
 
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Quote:
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Hence, don't expect to see too many of these car on the road in the future.
There's the irony - the manual cars that are deemed to be so much better to drive are being 'driven' up in price to the a level where very few will actually be driven in anger!
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post #16 of 25 Old 04-03-2015, 12:58 PM
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Quote:
Originally Posted by MogulBoy View Post
There's the irony - the manual cars that are deemed to be so much better to drive are being 'driven' up in price to the a level where very few will actually be driven in anger!

Yes,
for me you tell correct things .....

Fabio

PRESENT: 575 F1 HGTC ROSSO CORSA 2004' - MB CLS 350 CGI 2007'
PAST: 550 ROSSO CORSA 1998' - MB CLK 240 2002'
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post #17 of 25 Old 04-03-2015, 03:56 PM
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Apologies to all you investors, I plan to drive my MT Spider until there is nothing left. But I will have the clutch pedal mounted as a souvenir....

Of all the narcissists I know, I love me the most.
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post #18 of 25 Old 04-11-2015, 02:21 AM
 
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Apologies to all you investors, I plan to drive my MT Spider until there is nothing left. But I will have the clutch pedal mounted as a souvenir....

Plus one!! Same here with my 456 M 3 pedal

These gates are about romance dammit!
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post #19 of 25 Old 04-11-2015, 03:40 PM
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Plus 2 for my TR and 360. I looked at the F1 355 and 360, but I'm old school. MT for the driving experience.
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post #20 of 25 Old 04-11-2015, 05:00 PM
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Quote:
Originally Posted by Gianni View Post
After seeing this sale, I have 3 simple questions:

1. Can a manual gear box in a 2007 599 GTB without HGTE and without a long list of other options really be worth 4x or 5x the market value of a F1 gear box model with a longer list of options or has this buyer let the auction fever make him overpay?
(I bet he/she had a serious hangover the next morning )

2. What is a 599 GTO worth now...$1,000,000+? (599 built and 125 sent to the US)

3. What is the 599 SA Aperta worth now...$2,000,000+? (80 built, no numbers for the US)

Please, please, please tell me if I am missing something!

Regards,
Price is just mad. On Question #1, IMHO definitely not. The 599 GTB was designed for the F1 gearbox, the manuals should be worth less as they do not drive as well.
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