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2008 Ferrari 599 GTB V12

Used Car - 15 641 km - Automatic - Petrol - Pharoah Auto Investment, Sandton Central, Sandton

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You're getting a Good deal! This car is priced 37.5% lower compared to other cars

Asking Price

R 2 999 000

This car is priced 37.5% lower than the average retail value of this make and model.

Average Retail Value

R 4,797,000.00

The average price of all cars listed of the same brand and model.

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2008 Ferrari 599 GTB V12 Price Comparison

The average price of similar cars is R 4,797,000.00. The price of this car is R 2,999,000.00. This car is priced 37.5% lower than other similar cars.

Cars used in the price comparison:

Understanding the Price vs. Kilometers Done Scatter Plot

This chart helps you see how the price of cars compares to how much they’ve been driven.

  • Each Dot: Represents a car similar to the one you’re looking at.

    • Horizontal Line (X-axis): Shows the number of kilometers the car has been driven.
    • Vertical Line (Y-axis): Shows the price of the car.

  • Red Triangle: Highlights the car you’re currently viewing.

What This Means for You:

  • Lower Left Area: Cars that are cheaper and have been driven less.
  • Middle Area: Cars that have a typical balance between price and kilometers driven.
  • Upper Right Area: Cars that are more expensive and have been driven more.

Red Triangle Placement:

  • If the red triangle is towards the lower left: Your car is a great deal—priced lower and driven fewer kilometers than most similar cars.
  • If the red triangle is in the middle: Your car is priced and driven similarly to other cars.
  • If the red triangle is towards the upper right: Your car is priced higher and has been driven more than most similar cars.

This visualization helps you quickly understand how your car stacks up in terms of price and usage, making it easier to make informed decisions.

Understanding the Price Distribution Histogram

This chart shows how the prices of cars similar to the one you’re viewing are spread out.

  • Each Bar: Represents a range of prices (e.g., R 4,900,000 – R 5,000,000) and how many cars fall into that range.
  • Red Highlighted Bar: Indicates the price range of the current car you’re looking at.

What This Means for You:

  • Red Bar on the Left: Your car is priced lower than most similar cars.
  • Red Bar in the Middle: Your car is priced similarly to other cars.
  • Red Bar on the Right: Your car is priced higher than most similar cars.

This helps you quickly see where your car stands in the market and make informed decisions.

More 2008 Ferrari 599 GTB V12 Details

Performance Specs

  • Engine: 6.0-liter V12
  • Power: 620 hp @ 7,600 rpm
  • Torque: 608 Nm @ 5,600 rpm
  • Top Speed: Over 330 km/h
  • 0-100 km/h: 3.7 seconds
  • Transmission: 6-speed manual or F1 automated manual
  • Drivetrain: Rear-wheel drive

Ownership Costs & Maintenance

  • Initial Purchase Price: Approximately ZAR 3.5 million (based on current exchange rates and original pricing)
  • Annual Maintenance: Estimated between ZAR 50,000 to ZAR 100,000 depending on usage and condition
  • Routine Service: Every 15,000 km or annually, costing around ZAR 20,000
  • Major Service (including parts like brake pads, discs): Ranges from ZAR 40,000 to ZAR 100,000
  • Insurance: Approximately ZAR 100,000per year depending on coverage options and driver history

Car Comparisons

  • 2008 Lamborghini Murcielago LP640:
    • More expensive and slightly faster
    • Lacks the refinement and trunk space of the 599 GTB
  • 2008 Aston Martin DB9:
    • Less powerful but more classically elegant
    • Better as a grand tourer with a smoother ride
  • 2008 Porsche 911 Turbo:
    • More affordable and excellent performance
    • Smaller and less practical for long trips

Market Insight

  • As of 2023, the Ferrari 599 GTB V12 holds its value well in the South African collector market.
  • The demand for high-end sports cars has remained relatively stable, though economic fluctuations can impact luxury car sales.
  • Vehicles maintained in pristine condition or with low mileage garner premium resale values.

Finance Calculator





Monthly Payments: R 54 896,89

Total Interest: R 1 253 476,28

Total Payment: R 3 952 576,28

* Please note that these calculations are only estimates and must be confirmed with your finance provider.

Frequently Asked Questions

How do you calculate the value of the cars listed?

We use an algorithm that analyzes various data points, including market trends, mileage, car condition, and historical prices for similar models. This helps us determine a fair market value and compare it to the listed price

The charts compare the car’s current price with average prices for similar models. You can see trends for different factors like the car’s age, mileage, and condition. This visual tool helps you understand whether the listing price is above or below the market average.

The price is influenced by the car’s make, model, year, mileage, condition, and location. Additionally, supply and demand in the used car market can cause price fluctuations. Please note that we don’t set the price, but the seller does.

Our pricing data is updated daily to ensure accuracy. We continuously track listings and sales across multiple platforms to keep our data current.

We provide a comparison between the car’s listing price and its market value based on similar models. If the listing price is below the market value, it may indicate a good deal. We also highlight the price difference on the page combined with a label Good, Bad, or Fair.

The mileage data is provided by the seller. We recommend verifying the mileage during the inspection and checking the car’s service history for any inconsistencies.

We don’t directly offer financing, but we provide links to trusted third-party partners that can assist with financing options tailored to your needs.

If you have any concerns about a specific car listing, such as suspicious pricing or inaccurate information, you can report it to our team, and we will investigate further.

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