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Ferrari

Ferrari - 512 (1997)

Discover the allure of the Ferrari 512, the 1997 flagship V12 that still turns heads on the road and on track. If you’ve ever wondered what is a 1997 Ferrari 512 worth, you’ll learn here how market forces, condition, and provenance shape the Ferrari 512 price landscape and why the 1997 model remains a coveted collector’s piece.

  • Engine: 4.9‑litre V12, 475 hp, 475 lb‑ft (front‑mid, oil‑cooled)
  • Transmission: 6‑speed manual (optional 6‑speed sequential)
  • Fuel type: Premium unleaded (93 octane or higher)
  • Drivetrain: Rear‑wheel drive, limited‑slip differential
  • Dimensions: Length ≈ 168 in, Width ≈ 75 in, Height ≈ 45 in, Wheelbase ≈ 101 in
  • Weight: 3,815 lb (compressed fuel) / 3,860 lb (full fuel)
  • Performance: 0‑60 mph in 4.3 s; top speed 190 mph (limited)
  • Exterior: Carbon‑fiber body, double‑cell fuel‑cell technology
  • Interior: Leather and Alcantara, 6‑speakers audio, Bowers & Wilkins system
  • Key Features: Advanced EBD, climate control, active suspension, alarm system
  • Trim Levels: 512 K, 512 M (double‑cell motor‑carb), 512 SE (single‑cell)
  • Production: 3,250 units worldwide, with only a handful in pristine condition

When looking at used Ferrari 512 price, sellers often reference benchmarks set by the 1997 model, which was the last year of production in the 512 series. While no single figure can be pinned down, readers commonly see discussions about Ferrari 512 1997 price as a reference point.

Depreciation & Longevity

Understanding Ferrari 512 depreciation is essential for anyone considering a purchase. The 1997 Ferrari 512’s classic V12 performance and limited production make it a rare gem, but all motoring assets will experience some decline in value over time:

  • Typically loses 15‑20% of its value in the first year after sale.
  • Standard annual depreciation drops to 5‑8% after the first five years, as market demand stabilizes.
  • Highly desirable models with low mileage and original parts can maintain a higher resale rate, often between 70‑80% of the original MSRP decades later.

These percentages are broad estimates. Real-world outcomes vary based on VIN, maintenance history, accident record, and market fluctuations. Potential buyers should research auction results, dealer listings, and private sales to gauge the current market scope accurately.

Comparison Context

While the Ferrari 512 sets itself apart with its triumph of engineering, it’s useful to see how it stacks up against its contemporaries: