£200K to spend......suggestions on a post card?

£200K to spend......suggestions on a post card?

Author
Discussion

MDL111

7,013 posts

179 months

Thursday 2nd August 2018
quotequote all
235k in 2015 - indeed a "fantastic investment opportunity" ....

m33ufo

Original Poster:

4,959 posts

233 months

Thursday 2nd August 2018
quotequote all
End of 2017 there was a 3000 mile red LHD Scud at Dick Lovett for £168,990. I don't think prices have increased since then?

Maybe a bargaining chip to use against their white car.

WCZ

10,592 posts

196 months

Thursday 2nd August 2018
quotequote all
+1 about spending the extra on a RHD car.

m33ufo

Original Poster:

4,959 posts

233 months

Thursday 2nd August 2018
quotequote all
I actually don't mind a LHD car. I used to have a lefty 997.2 GT3 that I bought from Porsche Antwerp. Admitedly I never quite became comfortable about shifting with my right hand in that car but no such issue with the Scud.

MDL111

7,013 posts

179 months

Thursday 2nd August 2018
quotequote all
As I said above, for a driver I would go higher mileage
My feeling is those will be hit less in the coming correction as regardless of mileage (excluding the never driven cars) these are not really investment cars (too many around for that)

355fiorano

430 posts

244 months

Thursday 2nd August 2018
quotequote all
I do agree with higher mileage. Beware of such low mileage cars as things perish and can be expensive to fix.

My CS car had 16k km when I bought it. Shortly after, we found that the rubber bits in the brake caliper pistons had gone hard and needed replacing as they were leaking. Also found some hoses were also not in great shape. All changed and updated by Dick Lovett Swindon at no cost, even-though a 2004 car carries no warranty but more of a gentleman's handshake that they will stand by the car, and they did. The technicians also told me that my car drives better than some of the other very low mileage cars they see,

If you do get the 3k mile car do ask for them to check for these perishable items. As its a sale or return (my car was theirs) it may be different in terms of how much they are willing to fix or warrant the car as I suspect the owner will have to take that hit.

MDL111

7,013 posts

179 months

Thursday 2nd August 2018
quotequote all
355fiorano said:
I do agree with higher mileage. Beware of such low mileage cars as things perish and can be expensive to fix.

My CS car had 16k km when I bought it. Shortly after, we found that the rubber bits in the brake caliper pistons had gone hard and needed replacing as they were leaking. Also found some hoses were also not in great shape. All changed and updated by Dick Lovett Swindon at no cost, even-though a 2004 car carries no warranty but more of a gentleman's handshake that they will stand by the car, and they did. The technicians also told me that my car drives better than some of the other very low mileage cars they see,

If you do get the 3k mile car do ask for them to check for these perishable items. As its a sale or return (my car was theirs) it may be different in terms of how much they are willing to fix or warrant the car as I suspect the owner will have to take that hit.
Very good point - be careful with cars that have not been driven/hardly been driven for a few years

m33ufo

Original Poster:

4,959 posts

233 months

Friday 3rd August 2018
quotequote all
355fiorano said:
If you do get the 3k mile car do ask for them to check for these perishable items. As its a sale or return (my car was theirs) it may be different in terms of how much they are willing to fix or warrant the car as I suspect the owner will have to take that hit.
Great call...if I get that far! Still waiting on service info.

m33ufo

Original Poster:

4,959 posts

233 months

Friday 3rd August 2018
quotequote all
Ok....I have details which I'd like a little feedback on.

Not a full service history. The only partial excuse is the low mileage.

PDI'd in Luxembourg in May 2009.

Service May 2012 at 578 miles.

Service August 2015 at 1659 miles.

Service February 2017 at 2855 miles.

Service April 2018 at 2966 miles.


I'm assuming, if I buy the car, this will be picked apart by any future potenial purchaser?



Edited by m33ufo on Friday 3rd August 14:33

355fiorano

430 posts

244 months

Friday 3rd August 2018
quotequote all
It looks fine to me given the mileage. I know some people are anal about these things but I think that is more for the dealers to make money. it would certainly no put me off as a buyer.
I am doing the same with my 355/308. When I was driving them all the time, i serviced them every year. Now i am doing less than 500m with them I am servicing them every couple of years or so.

I'd still ask them to do a proper 50 mile test drive and then a full check over for leaks before I parted with my money though.

johnnyreggae

2,953 posts

162 months

Friday 3rd August 2018
quotequote all
Typical garage queen - most recent services are more or less ok schedule

BUT any premium for the low mileage will go if you use it in which case its value to you is about that of a 10-20 000 mile car


m33ufo

Original Poster:

4,959 posts

233 months

Friday 3rd August 2018
quotequote all
Appreciate the feedback - thank you thumbup

Ferruccio

1,838 posts

121 months

Friday 3rd August 2018
quotequote all
m33ufo said:
Ok....I have details which I'd lsome feedback on.

Not a full service history. The only partial excuse is the low mileage.

PDI'd in Luxembourg in May 2009.

Service May 2012 at 578 miles.

Service August 2015 at 1659 miles.

Service February 2017 at 2855 miles.

Service April 2018 at 2966 miles.


I'm assuming, if I buy the car, this will be picked apart by any future potenial purchaser?
In the real world, why would it matter?

The Surveyor

7,578 posts

239 months

Friday 3rd August 2018
quotequote all
Ferruccio said:
In the real world, why would it matter?
In the real world, it doesn't mater at all.

In the twisted 'collectors car' world anything less that 'perfect' has a negative impact on the cars value, if basic things like actually driving and enjoying the car knock lumps off the investment value, failing to follow the manufacturers servicing recommendations will also be seen as a just another negative.

m33ufo

Original Poster:

4,959 posts

233 months

Friday 3rd August 2018
quotequote all
The Surveyor said:
Ferruccio said:
In the real world, why would it matter?
In the real world, it doesn't mater at all.

In the twisted 'collectors car' world anything less that 'perfect' has a negative impact on the cars value, if basic things like actually driving and enjoying the car knock lumps off the investment value, failing to follow the manufacturers servicing recommendations will also be seen as a just another negative.
Nail hit squarely on the head!

And come on, if you own a car like this, why wouldn't you get it serviced annually - even if it has only done a few hundred miles?

Ferruccio

1,838 posts

121 months

Friday 3rd August 2018
quotequote all
m33ufo said:
And come on, if you own a car like this, why wouldn't you get it serviced annually - even if it has only done a few hundred miles?
Why would you get it pointlessly serviced?

m33ufo

Original Poster:

4,959 posts

233 months

Friday 3rd August 2018
quotequote all
Ferruccio said:
Why would you get it pointlessly serviced?
To maintain the cars value and ensure validity of the warranty? Surely, if you can afford to buy it in the first place then then why wouldn't you?



Edited by m33ufo on Friday 3rd August 17:03

KenC

693 posts

237 months

Friday 3rd August 2018
quotequote all
I knew there would be gaping holes in the service record of that car.

For comparison, my July 2009 Scud now has now had 9 sevices, every July, all at the same dealer, and is on 4,600 miles. Can't see why you should scrimp and save at well under £1k a year on a car of this value.

Surely the reduction in value is far more than the annual saving. Even if it does not bother a buyer now it will likely bother a future buyer.

MingtheMerciless

429 posts

211 months

Friday 3rd August 2018
quotequote all
KenC said:
my July 2009 Scud now ... is on 4,600 miles.
That's a sin. Like saving your girlfriend for the next chap. But if you are doing this, you certainly should keep her in tip top condition every year in fairness.

jimmyslr

799 posts

275 months

Friday 3rd August 2018
quotequote all
In the real world a buyer expects a full Ferrari service record. In the proper real world, umpteen services for a few thousand miles is unnecessary. The problem is that statement 1 trumps statement 2 if you’re ever likely to sell.

It’s true of all my cars and I wish it weren’t. Interestingly I don’t think mainland Europe is quite so hung-up on service record in the way the UK is so LHD cars are often lighter on services when they’re lower on miles. In my proper real world if the last couple of services are good and recent the car is probably absolutely fine; the issue is at resale when all this hand wringing comes out around it missing it’s 2011 or whatever service.