That’s nearly $800,000 over the sticker price of the limited-edition Ferrari with a wild V12 up front
- This 812 Competizione is one of 999 ever built and has just 60 miles on the clock.
- Finished in Nerotto Lucido with Bianco Sanae Stripes, it’s essentially brand new.
- The seller believes values will only go up in the near future, and they could be right.
If there was ever any doubt that the collector car market operates in its own orbit, the 2024 Ferrari 812 Competizione should clear that up. With just 60 miles (97 km) on the odometer and an astronomical high auction bid of $1,625,000, the owner just walked away, choosing to keep the car rather than sell it.
This specific Competizione, dressed in Nerotto Lucido Paint and Bianco Sanae Stripes, is number 591 of just 999 coupes ever produced. It’s basically a time capsule. With its window sticker showing an original MSRP of $820,583, along with the original manuals, car cover, and tools, it’s as close to brand-new as a used car gets
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Power comes from a naturally aspirated 6.5-liter V12 with 819 horsepower (610 kW), and revs up to 9,500 rpm. Ferrari paired it with a seven-speed dual-clutch gearbox, rear-wheel steering, carbon-ceramic brakes, 20-inch racing wheels, and a front-axle lift system. But honestly, we’re not betting on this car ever seeing a track, or even a road, anytime soon.
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The 812 Competizione is already playing the part of a future classic. Ferrari capped production, avoided hybridization, and gave it one of the most aggressive V12 engines ever put into a road car. So, yeah, it’s probably going to be a serious collector’s item. But still, turning down a bid over $1.6 million in today’s volatile market? Bold move. The owner essentially left nearly double the original MSRP sitting on the table
Of course, in the realm of ultra-limited Ferraris, sellers are playing the long game. Some believe values will continue to climb, especially as prices will likely do the same for new Ferraris. Right now, over at Dupont Registry, several examples of the 812 Comp are available, and none have an asking price this low. Several sellers there want over $2 million for cars with considerably higher mileage.
Needless to say, only time will tell if this decision was a moment of hubris, a fleeting misstep driven by overconfidence, or a carefully calculated, long-term financial play that ultimately pays off in ways we can’t yet predict.
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