We can't wait for the GTC4Lusso to depreciate this much.
A lot of customers who buy a Ferrari are more in love with the idea of owning the car than actually driving it. This is why many Ferrari cars sit in a garage under a cover, making their owners' richer as they go up in value. However, while most Ferrari models increase in value, the FF isn't one of them. FF stands for "Ferrari Four," meaning that the car has four seats and four wheel drive. It arrived back in 2011 as a 2012 model, and even today, it exists as perhaps the strangest car the company has ever built. Until the SUV arrives, that is.
Unlike almost every other Ferrari, the FF wasn't designed to lap a race track, cruise down the Pacific Coast Highway, or even sit on a pedestal in a collection. The FF is a GT car, a grand tourer built to carry four adults in perfect luxury while belting down the Autostrada at 200 mph so the owner can broker their multi-million dollar stock trade on time. Ferrari built 2,291 examples of the FF from 2011 to 2016, before replacing the car with the GTC4Lusso, which takes the FF recipe and adds a more luxurious and high tech interior, as well as the option of a base twin-turbo V8 model. The FF only came with a V12, and sold for just under $300,000 when it was new.
With the added gas guzzler tax, the FF was a bit over the $300,000 mark, about the same as a new GTC4Lusso. While the GTC4Lusso does have a highly improved interior, we still think the FF had the better exterior design. The FF also holds a major advantage over the new car: depreciation. We ran a search online, and found used examples of the FF starting at around $120,000. Some of the 2016 model year cars with low mileage are still being sold at over $200,000, but the majority of used FF models now have a one at the beginning of their price tag. The least expensive cars now cost less than half of their original starting price, and many come loaded with pricey options. For around $120,000 to $130,000, the FF offers a ton of value for money.
This is around the same price as a completely un-optioned Porsche 911 Carrera GTS, which produces 450 horsepower from a twin-turbo flat-six engine. The FF scoffs in the face of the 911 with a naturally aspirated 6.3-liter V12 producing 651 hp at 8,000 rpm.
The FF sends its power to all four wheels through a completely unique AWD system. Ferrari's 4RM system is around 50% lighter than a typical AWD system and uses a second transmission to electronically engage the front wheels when the car needs grip. This means the FF can launch harder than most RWD cars. We mentioned earlier that the FF wasn't really designed with race tracks in mind, but it wouldn't feel completely out of place lapping a circuit. In reality, the FF was designed to be a comfortable daily driver with the sound and fury of a V12 Ferrari. Just imagine driving a Volkswagen R, but the engine sounds as good as a supercar. That's what makes the FF such an amazing proposition.
The rear hatch is big enough for large items, and the rear seats can fit grown adults comfortably. This car really can do it all. We're big fans of the new GTC4Lusso, but if used FF prices have taught us anything, it is to wait for someone else to take the depreciation hit. In a few years, when the GTC4Lusso has lost around half of its value, go and scoop one up. For now, the FF is one of the best value Ferrari models on the market.