Ferrari 812 — Price, Faults & Buyer's Guide

The 2024 Ferrari 812 GTS is a masterclass in front-engine grand touring excess—a naturally aspirated 6.3-litre V12 with 588 kW that delivers genuine track-day thrills wrapped in a shooting-brake silhouette and fabric roof that folds in 19 seconds. In the South African ultra-luxury market, this represents the pinnacle of Italian automotive theatre: it suits collectors who value raw mechanical engagement over electric gimmickry, drivers mature enough to respect 200+ km/h capability on empty Karoo roads, and investors betting that post-ICE Ferraris will only appreciate. What sets the 812 GTS apart is its refusal to apologise for being analogue—hydraulic steering, a clutch pedal, and an engine that sings rather than whirs. However, owning one used in SA demands brutal financial honesty. Service costs run R15,000–R25,000 per visit; parts availability is severely constrained (expect 6–12 weeks for specialist components); tyres alone are R8,000–R12,000 each; and fuel consumption hovers around 8–10 litres/100 km. Insurance is typically 8–12% of vehicle value annually, and finding a qualified Ferrari technician outside Johannesburg is near-impossible. Depreciation at this level is unpredictable—the V12 manual market is rarefied enough that a well-maintained example can hold value if Ferrari's road-car future remains uncertain, but rarity alone does not guarantee strong resale. The 812 GTS makes sense only for buyers who view it as a possession to savour rather than a financial asset, and who have sufficient net worth that R3–4 million in capital tied up in a weekend car does not sting. For pure value or practicality, it is indefensible; for passion and theatre, it is transcendent.

Prices are estimated using modelled data for the SA market and may vary from an official industry valuation. Want the exact price for a specific vehicle? Use our Industry Valuation Report.