599 as a collectible? | Page 2 | FerrariChat

599 as a collectible?

Discussion in '612/599' started by gabyazar, Nov 28, 2015.

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  1. fcars

    fcars Karting

    May 10, 2014
    205
    So Cal
    I agree!! And it has a flying buttress!!
     
  2. tobymax

    tobymax Rookie

    Nov 1, 2009
    47
    Franklin, MI
    Congrats, and welcome. Purchased a 2009 almost 3 hrs ago and still loving it. Russo scuderia. Looking forward to those pics.
     
  3. gabyazar

    gabyazar Rookie
    Silver Subscribed

    Nov 27, 2015
    38
    Yorba Linda, CA
    Full Name:
    Gaby Azar
    Thanks, I am still waiting for the delivery, hopefully by Friday! :)
     
  4. 360modena2003

    360modena2003 Formula 3

    Jul 11, 2009
    2,389
    I hope they don't go crazy in value, makes using and enjoying them more difficult...
     
  5. ROMO

    ROMO Formula 3
    Owner Rossa Subscribed

    Mar 18, 2008
    2,061
    WASHINGTON DC
    Full Name:
    ROMO
    +1....if you read descriptions of many F cars most sellers are referring to their cars as "collectibles". There has been a shift in the paradigm for sure.
     
  6. MASR04

    MASR04 Formula 3

    Feb 20, 2013
    1,504
    Eastern NC
    Full Name:
    Sean
    Not me, I just want to sell mine at a cheap price and move onto real estate in order to buy 6 in 20 years!
     
  7. Bas

    Bas Four Time F1 World Champ

    Mar 24, 2008
    41,368
    ESP
    Full Name:
    Bas
    Wonderful car, but no, not a collectible in the true meaning.

    GTO, Aperta and the ~50 manual cars (last manual V12) all will be/are.

    If you buy now you're very unlikely to lose money on it. When the bubble bursts they'll drop to ~2014 levels. Don't sell in a panic and just drive the sodding thing.
     
  8. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    10,894
    I love the 599- but I agree- its not really going to ever be a collectible.
     
  9. BJJ

    BJJ Formula 3
    BANNED

    Feb 25, 2014
    1,301
    Of course it will be, it is already!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    ;) ;) ;)
     
  10. MoeD

    MoeD Formula 3
    Silver Subscribed

    Aug 1, 2007
    1,278
    USA
    Full Name:
    Moe D
    It surely will be, but just not yet...
     
  11. Norm512TR

    Norm512TR Formula Junior

    Nov 10, 2001
    894
    Colorado Springs, Colorado
    Full Name:
    Norm
    In 15-20 years these cars might well be collectible, I question if they'll be driveable. There's so much electronics in these cars what'll happen when this stuff has been baked for 20 years? Does static display ring a few bells? FNA has never shown any desire to keep older cars on the road by keeping a supply of parts available.
     
  12. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    38,056
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    15-20 years from now fixing the ECUs will be child's play.
     
  13. donv

    donv Two Time F1 World Champ
    Owner Rossa Subscribed

    Jan 5, 2002
    24,069
    Portland, Oregon
    Full Name:
    Don
    Can you still drive a late 1990s 550? Because I heard the same thing about those cars about 15 years ago, and they still seem to be doing fine...

     
  14. 360modena2003

    360modena2003 Formula 3

    Jul 11, 2009
    2,389
    With ever evolving "laptop" technologies, CNC, etc. this will not be an issue.

    As long as their is a market, solutions will be found - in fact there are already many specialists that rebuild/restore F1 actuators, solenoids, hoses, dash displays, and all sorts of ECU's.
     
    skibummt likes this.
  15. 635CSI

    635CSI F1 Rookie

    Jun 26, 2013
    3,001
    London UK
    Full Name:
    Graham
    It's not the kind of car one should put off driving hard in-case it becomes collectable.
     
  16. vtfnupe

    vtfnupe Karting

    Feb 20, 2013
    96
    Orange County, CA
    Full Name:
    Vince


    Same here Gaby, I'm fairly close to you as well...just a quick sprint down the 241. I don't have a 599 yet, but happy to get my 612 out and see your new 599 in the wild😊
     
  17. Silberpfeil

    Silberpfeil Karting

    Jan 2, 2016
    96
    Lucerne, Switzerland
    Full Name:
    Marc Brunner
    Agree with you. Just bought a factory built Hgte and I am sure, that you don't loose any more money. It's all about beauty and production numbers. The 599 is one of the most beautiful cars and there were very few Hgte. Prices will rise within the next 2 years.
     
  18. fcars

    fcars Karting

    May 10, 2014
    205
    So Cal
    Hi vtfnupe,

    I see you used to have the Maserati GT. How did you like it?

    The cheaper the used ones get the more enticing they are to buy.

    Cheers
     
  19. Patrnflyr

    Patrnflyr Karting

    Jan 23, 2012
    246
    Lubbock, TX
    Old thread... Has anybody noticed a slight bump on the pricing of used 599's? I try to watch it monthly and have noticed a price increase of $10,000-20,000 over the last few months. Maybe it's my imagination or it's a seasonal thing but interested in your comments. My luck with Ferraris has always been "buy high, sell low". Not even thinking of selling as I think I've finally found a car that suits my style but still like to watch the market. (Unless an F12 goes sub $200K)
     
  20. mark210

    mark210 Rookie

    Jul 11, 2019
    5
    Full Name:
    Mark Ross
    After nearly 4 years it seems the price really bottomed. I was thinking to buy since 2016 and now similar cars r nearly 40% off. Time to buy?
     
    Texas Forever likes this.
  21. George Vosburgh

    George Vosburgh F1 Rookie
    Silver Subscribed

    All I can say is that where ever I take the 599, people think it's beautiful. Pictures really don't do it justice. It will always be a car that people want to own.
     
    599_GTO likes this.
  22. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,309
    South East
    Full Name:
    Jimmie
    Welcome: its a car - it depreciates - you can try to game the system but I can promise you the 599 will be even cheaper after you are dead which according to your logic is an even better time to buy.......
     
    brogenville and Texas Forever like this.
  23. LVP488

    LVP488 F1 Rookie

    Jan 21, 2017
    4,869
    France
    Real bottom was 2013, when I sold mine :D
    Asked prices are almost back where selling prices were then though, but typically for higher mileages now.
    This being said, the market is currently a buyer's market so virtually any used Ferrari is a reasonable deal if bought at market price; for whatever reasons the market for new cars is not (yet?) on the same page but I'm curious to see how it will evolve.
    Back to the 599, it's an awesome car for one looking at a modern car - while not as fast as an F12 it's still not outdated, unlike the 550 / 575 which have moved to "classic" status.
     
  24. gsholz

    gsholz Formula Junior
    Silver Subscribed

    Jan 21, 2006
    324
    Oregon
    Full Name:
    Jerry
    #49 gsholz, Feb 23, 2020
    Last edited: Feb 23, 2020
    You can now buy a low-mileage 599 for less than 430 money. A pretty good deal if you are into 12 cylinders. My guess is they won't be collectibles for another 10+ years.
     
    Texas Forever likes this.
  25. Caphill

    Caphill Karting

    Nov 9, 2016
    179
    I’m not sure what you quantify as low in terms of mileage, but f430s are in the 80k range at the low end. Having just purchased a 599, I know they are a bit more expensive than an F430. I think they are still great deals right now though. An early 599 or a bad example might be in the 100k range.
     
    Bowzer and Skidkid like this.

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