how to safely buy a 430?

how to safely buy a 430?

Author
Discussion

actonktm

47 posts

110 months

Wednesday 28th October 2015
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Disagree Also. The Ferrari warranty is very comprehensive and gives complete peace of mind, at £3k per annum its a bargain. Plus it keeps my car 100% genuine throughout.

Davetherave95

100 posts

103 months

Wednesday 28th October 2015
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I got an 06 spider from tom Hartley in the spring. Spent a while looking, I think is good to know the clutch and brake wear (if getting ceramics), I think most the main dealer service reports tell you this.
I'd generally avoid higher mileage ones (above 15k) and definitely go for a ffsh. The values are pretty stable just now, I think it's worth spending a bit more on a well looked after example as you'll be glad when it comes to selling biggrin

Davetherave95

100 posts

103 months

Wednesday 28th October 2015
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For resale rosso corsa with crema is a good option, plus looks amazing smile

Nano2nd

3,426 posts

257 months

Wednesday 28th October 2015
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Davetherave95 said:
higher mileage ones (above 15k)
lol

Durzel

12,276 posts

169 months

Thursday 29th October 2015
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Nano2nd said:
Davetherave95 said:
higher mileage ones (above 15k)
lol
+1

Sad to see this attitude really, but it's sadly not unique. These cars do normal driving with no issues, and they really aren't that fragile that 15k is any kind of mileage on them.

Whilst I try to stop myself driving mine too often to avoid losing the magic - I can't think of anything more torturous than owning a car like this - a bedroom wall childhood dream car - and feeling paralysed about driving it because of resale. You're a long time dead, you can always make more money, you can't make more time, etc.

Rocco1

3,081 posts

184 months

Thursday 29th October 2015
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Durzel said:
1

Sad to see this attitude really, but it's sadly not unique. These cars do normal driving with no issues, and they really aren't that fragile that 15k is any kind of mileage on them.

Whilst I try to stop myself driving mine too often to avoid losing the magic - I can't think of anything more torturous than owning a car like this - a bedroom wall childhood dream car - and feeling paralysed about driving it because of resale. You're a long time dead, you can always make more money, you can't make more time, etc.
Well said

Davetherave95

100 posts

103 months

Thursday 29th October 2015
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I quite agree, love driving mine too and don't let the mileage put me off. Weather tends to be the dominant factor for me mad I still think you're better getting a low mileage example if you can though

DavidCBevan

347 posts

186 months

Friday 30th October 2015
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Bought my Ferrari F430 F1 spider privately, kept it for nearly 3 years, sold it privately.

I bought low (price-wise) and sold low, had a few faults to fix during the ownership, but didn't get my fingers burned...so I'd recommend the private sale from like-minded enthusiast route.

Please PM me (if you want to) and I can give you more details.

David

Ken Figenus

5,714 posts

118 months

Sunday 1st November 2015
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Durzel said:
1

Sad to see this attitude really, but it's sadly not unique. These cars do normal driving with no issues, and they really aren't that fragile that 15k is any kind of mileage on them.

Whilst I try to stop myself driving mine too often to avoid losing the magic - I can't think of anything more torturous than owning a car like this - a bedroom wall childhood dream car - and feeling paralysed about driving it because of resale. You're a long time dead, you can always make more money, you can't make more time, etc.
Well said - its very prevalent though. Remember selling a 43,000 mile 7 yr old TVR which the dealer was sniffy about as 'high milage'. Well its not a b ornament and that V8 is pretty bombproof!!!

We are all watching a chap with a 120,000 mile DB9 on the Aston forum - he's promising to keep us updated! Mine even went to Lidl today and bowled me over with a friendly chap's handshake whilst filling up at Tesco smile Use it and enjoy it - they are too pricy sat there NOT to use!

dvb247

270 posts

199 months

Sunday 1st November 2015
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WOW, I've just had my post removed, "no naming and/or shaming" how else can you warn potential customers not to trust a curtain Preston based independent supercar dealers???

As a purchaser I found an avalanche of bad press after I purchased, almost all within the Ferrari Owners Club, it cost me thousands to sort my car post purchase with a main dealer with no financial recompence from a certain indy!!!, go indy at your peril, private or main dealer if yo ask me.

Hope this post stays but saddened that my 1st hand experience with an indy can't be talked about, everyone else in the Ferrari market place seems to know who the crooks are, sadly there is no forum willing to warn new comers to the supercar pitfalls, it seems you have to be ripped off before you find a sympathetic ear and the line "wish I could have warned you first...."
Shame on you PH.

sealtt

3,091 posts

159 months

Sunday 1st November 2015
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A real shame whenever you hear of a bad experience, a good main dealer has far greater resources - both staff & cash - to make things right, to a degree that an indy can never match. Especially if the car has a few issues that need sorting.

allister

564 posts

148 months

Sunday 1st November 2015
quotequote all
dvb247 said:
WOW, I've just had my post removed, "no naming and/or shaming" how else can you warn potential customers not to trust a curtain Preston based independent supercar dealers???

As a purchaser I found an avalanche of bad press after I purchased, almost all within the Ferrari Owners Club, it cost me thousands to sort my car post purchase with a main dealer with no financial recompence from a certain indy!!!, go indy at your peril, private or main dealer if yo ask me.

Hope this post stays but saddened that my 1st hand experience with an indy can't be talked about, everyone else in the Ferrari market place seems to know who the crooks are, sadly there is no forum willing to warn new comers to the supercar pitfalls, it seems you have to be ripped off before you find a sympathetic ear and the line "wish I could have warned you first...."
Shame on you PH.
The original message got through to me dvd247..... Thanks for that, I'll certainly never go there!

4everblue

272 posts

176 months

Tuesday 3rd November 2015
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I went to see a black F355 at an Indy last month. I was quite surprised by the experience if I'm honest.
The owner told me it had had brand new brakes, the mechanic told me they'd been skimmed.
There was a nail in the rear tyre that had 3mm of tread, the owner told me not to worry he would get it plugged.
The fibreglass cover over the clutch was broken and you could clearly see the fibreglass weave inside despite it having been recently sprayed silver, along with several parts nearby... The mechanic told me "believe it or not, that's a brand new part from Ferrari," I told him Ferrari must have left masking tape on it as I pointed out two bits that had been missed on the back of the cover.
Therecwere a few other comments that raised my eyebrows and whilst I know my way generally around a car, I am no mechanic. So having been told to get any inspection I wanted, I received a telephone call the next day from them to tell me the guy I'd emailed them about the night before was not allowed to inspect it for reasons I won't go into.
Needless to say I'm still looking for a car but had a great call from them about three weeks ago, asking me if I was still interested in it. When I said thanks but no, the owner said he was relieved as he was going to take it off sale, leave it until after Christmas and then re advertise it for £100k as the current price was way too low for a RHD car. I did try to explain it wasn't really a RHD but a converted LHD but he wouldn't have any of it. Anyway, it's not been removed from sale and is still there at the same price.

cgt2

7,101 posts

189 months

Tuesday 3rd November 2015
quotequote all
4everblue said:
I went to see a black F355 at an Indy last month. I was quite surprised by the experience if I'm honest.
The owner told me it had had brand new brakes, the mechanic told me they'd been skimmed.
There was a nail in the rear tyre that had 3mm of tread, the owner told me not to worry he would get it plugged.
The fibreglass cover over the clutch was broken and you could clearly see the fibreglass weave inside despite it having been recently sprayed silver, along with several parts nearby... The mechanic told me "believe it or not, that's a brand new part from Ferrari," I told him Ferrari must have left masking tape on it as I pointed out two bits that had been missed on the back of the cover.
Therecwere a few other comments that raised my eyebrows and whilst I know my way generally around a car, I am no mechanic. So having been told to get any inspection I wanted, I received a telephone call the next day from them to tell me the guy I'd emailed them about the night before was not allowed to inspect it for reasons I won't go into.
Needless to say I'm still looking for a car but had a great call from them about three weeks ago, asking me if I was still interested in it. When I said thanks but no, the owner said he was relieved as he was going to take it off sale, leave it until after Christmas and then re advertise it for £100k as the current price was way too low for a RHD car. I did try to explain it wasn't really a RHD but a converted LHD but he wouldn't have any of it. Anyway, it's not been removed from sale and is still there at the same price.
And this is the problem in this silly current market. Even people who should know better get caught up in the madness and pay over the odds for rubbish cars. I have walked away from many cars over the years when prices were more sensible.

In the current hysteria peoples' judgement seems to be massively skewed. There are a lot of tarted up dogs out there.

A bad Ferrari can truly be one of the most painful and expensive experiences ever, as much as a good one is a joy to own it is important to have an element of logic in the purchase.

allister

564 posts

148 months

Wednesday 4th November 2015
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Professionally converted to RHD.... I don't like the sound of that! Sounds to me like you were lucky to get away from that one, I'm pleased for you that it didn't look good!

While the prices of 355s have gone a bit mad, I actually think that's OK.... The 355 is a beautiful car, it sounds fabulous and they certainly won't be making anymore, however it has to be a fantastic example for this kind of money and there lies the problem.

10 -12 years ago my brother had two or three 355 GTS's, he took his time looking for each (obviously availability was much greater in the early 2000's), he saw some real rubbish even back then, that rubbish is still no doubt out there and now I guess more plentiful. Unfortunately I think sellers now believe, that because they have a 355 they can ask what they want and give each and every car the same high price tag, good or bad. As CGT2 says, buy a bad Ferrari and it will be a truly miserable experience!

I currently have an F430 Spider (6 speed manual) and would love to add a 355 Berlinetta but I simply don't have the money at the moment - It's a beautiful car and a real piece of Ferrari history.

My advice to anyone buying any kind of Ferrari, whether it be a 355 or 430 would always be take your time and just as you would find with buying any old secondhand car, there will be some rubbish out there to sort through, make sure you identify and avoid it!

Edited by allister on Wednesday 4th November 05:31

Durzel

12,276 posts

169 months

Wednesday 4th November 2015
quotequote all
allister said:
The original message got through to me dvd247..... Thanks for that, I'll certainly never go there!
+1

I saw it before it was removed. You're doing a service to the community but unfortunately Pistonheads (Haymarket) would still get taken to court regardless.

Kyodo

730 posts

125 months

Thursday 5th November 2015
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It's easy to name and shame and it can be damaging to a business if a customer doesn't like them. Although in this case, thanks for the heads-up. I quickly found the car by looking through the classifieds!

People do indeed need to know, not that the car is unsellable as there's always a price point for it, but to avoid being shafted.