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I was recently looking on a site at used Ferrari F430 Spyder's & noticed a couple that were like $60K. When reading the description the seller mentioned not be afraid for the car-fax stating an incident as the seller said it was not as bad as it sounded, the front bumper was scuffed by another car although from the pics it looks fine. Just seems like a pretty big price drop for minor incidents. At $60K I was thinking the engine would be missing or something. Anyone else have any experience or have seen this?
Its hard to say. I would imagine that any type of bump would hit a Ferrari a lot more than a daily driver sedan, because there are so many of them that have been kept perfect.
The salvage title makes the car near impossible to sell. Most who wants to buy a Ferrari would even consider that car. Like the poster above me said, you want to make sure it has its maintenance up to schedule as well. That 60k price is about what you would pay for a good 360 though.
You can buy a Bentley that runs and drives for 10K or the same yr/model for 30K......the difference is one has had work done and the other needs work done! Ferrari is the same thing, if you are buying a "driver" and you have some cash to dump in it then go for it but if you think you are going to "flip" it for a profit, you will probably get hurt.
You can buy a Bentley that runs and drives for 10K or the same yr/model for 30K......the difference is one has had work done and the other needs work done! Ferrari is the same thing, if you are buying a "driver" and you have some cash to dump in it then go for it but if you think you are going to "flip" it for a profit, you will probably get hurt.
This.
Ferrari buyers also want ALL records. They want to see that ALL maintenance has been performed, on time and by a reputable shop specializing in Ferrari.
A car may be pristine and even have had all services done... but if you don't have the records to prove it, you're going to take a $20-30k just on that alone.
I noticed other private party sales on the site had some lower prices such as a 2013 Porsche Boxter for $35K which is not out of align other then seeming a little on the low end of AutoTrader asking prices.
Every "Great Deal" Ferrari internet ad I have inquired about have been scams.
Proceed with eyes wide open. If it seems too good to be true, then it is.
Plus, Ferraris require very expensive routine servicing. Such as replacement timing belts every 5 -6 years or 30K miles. This is 'engine out' service and costs a few grand.
Location: Formerly Pleasanton Ca, now in Marietta Ga
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Originally Posted by MI-Roger
Every "Great Deal" Ferrari internet ad I have inquired about have been scams.
Proceed with eyes wide open. If it seems too good to be true, then it is.
Plus, Ferraris require very expensive routine servicing. Such as replacement timing belts every 5 -6 years or 30K miles. This is 'engine out' service and costs a few grand.
Bear in mind that after the 360 there aren’t any more timing belts to deal with. You can actually do the belts on those without dropping the engine. There’s actually access panels in the rear firewall you can get to the belts that way. 355 and 348, drop the engine.
Parts are pretty expensive, but sometimes you can buy non Ferrari parts. I got a f1 pump for about 450 new on eBay. Probably 1/3 the cost of Ferrari.
Ricambi sells Ferrari parts at a discount. I bought a an accumulator for the f1 system that was for an Alfa Romeo for about 160 shipped from England. Ricambi was about 470. Ferrari was a fair amount more.
You can actually do some work on 360 and f430. Just look on YouTube.
Bet Ferraris will get cheaper this summer.........
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