Service history for a car thats been in storage - F430
Discussion
charltjr said:
Easy tiger, wasn’t having a pop at you.
I read that post as he was using those selling sites for price comparison before buying, which is madness on a car like this, but the whole thing is probably a ride on the fantasy merry go round anyway.
No worries ... Can you imagine the geezer at the we buy any car caravan when he rocks up in the Fezza !!!I read that post as he was using those selling sites for price comparison before buying, which is madness on a car like this, but the whole thing is probably a ride on the fantasy merry go round anyway.
I would want to see that post storage it had major service and thoroughly checked out.
Biggest concern is sitting around doing nothing. My 430 had a similar history although not as long doing nothing.
Major service, stored, major service and recommissioned by DK engineering so gave confidence. It never gave any Wobblies once I started actually using it.
Took a while to sell, mainly through my own laziness. But I’d given it a few good services and a fully major at sale time.
Biggest concern is sitting around doing nothing. My 430 had a similar history although not as long doing nothing.
Major service, stored, major service and recommissioned by DK engineering so gave confidence. It never gave any Wobblies once I started actually using it.
Took a while to sell, mainly through my own laziness. But I’d given it a few good services and a fully major at sale time.
I wouldn't be buying something special that had been sat around for long periods with no history during that time, regardless of price.
Oil goes nasty over time, major servicing bits may have been missed too, and that’s on top of rubber parts that spent nearly 8 years not being used.
Not a chance, I think you’d be mad, and it needs to be about 30% below market in my opinion.
Oil goes nasty over time, major servicing bits may have been missed too, and that’s on top of rubber parts that spent nearly 8 years not being used.
Not a chance, I think you’d be mad, and it needs to be about 30% below market in my opinion.
I'll also chip in and say the lack of service will worry me far less than the lack of use.
I'd want to know how it was stored, was it fully and carefully laid up in a proper facility, or just parked in the guys garage for 5 years while the rubber went hard and the fuel in the tank went bad? Are they intending to recommission it, or expecting you to, because you could be in for some big surprises. I have first hand experience of very lightly used cars throwing up issues as soon as they start getting more miles being put on.
To answer your original question "Will this effect saleability to dealers/private individuals?", yes it absolutely will. How much it will affect the value will vary from person to person, but a big gap like that will have buyers asking exactly the questions we are asking here, and will most certainly limit your market.
I'd want to know how it was stored, was it fully and carefully laid up in a proper facility, or just parked in the guys garage for 5 years while the rubber went hard and the fuel in the tank went bad? Are they intending to recommission it, or expecting you to, because you could be in for some big surprises. I have first hand experience of very lightly used cars throwing up issues as soon as they start getting more miles being put on.
To answer your original question "Will this effect saleability to dealers/private individuals?", yes it absolutely will. How much it will affect the value will vary from person to person, but a big gap like that will have buyers asking exactly the questions we are asking here, and will most certainly limit your market.
Buying a car to drive for one summer, then flog , through WBAC/Carwow to hopefully get your money back is a recipe for stress, You won't enjoy the car as you'll be worrying about every little scratch, chip, where you park it, engine noise, rattle, leak, everything. It'll make it a chore.
To really enjoy an exotic you need to own it with a view to owning it, not selling it. That way you accept there will be depreciation and other costs, and get on with treating it like the car it is.
(Been there when I had less disposable cash with my 1st fast car (911) and was so utterly releived when I got "most" of my money back on sale that I then went back to cheaper fast cars until I was in a better position).
FWIW - missing laid-up servicing would not put me off - so long as the seller looked like they type of person who wasn't trying simply to be "cheap" - as then he'd be "cheap" on other bits. There is a big difference between being "cheap" and simply not burning money for the sake of it. A well looked after car is a well looked after car, regardless of box ticking, and obviously the opposite can apply too. You should be able to tell be seeing the car and meeting the owner.
To really enjoy an exotic you need to own it with a view to owning it, not selling it. That way you accept there will be depreciation and other costs, and get on with treating it like the car it is.
(Been there when I had less disposable cash with my 1st fast car (911) and was so utterly releived when I got "most" of my money back on sale that I then went back to cheaper fast cars until I was in a better position).
FWIW - missing laid-up servicing would not put me off - so long as the seller looked like they type of person who wasn't trying simply to be "cheap" - as then he'd be "cheap" on other bits. There is a big difference between being "cheap" and simply not burning money for the sake of it. A well looked after car is a well looked after car, regardless of box ticking, and obviously the opposite can apply too. You should be able to tell be seeing the car and meeting the owner.
Edited by Griffith4ever on Tuesday 15th April 08:14
Cauterize said:
Good morning all,
I have recently viewed an F430 and I am keen to purchase the car. The one thing that I am questioning (for resale purposes) is that it was in storage from 2016 - 2021 so wasn't serviced in that time.
So the history goes like this
2016 - 17k miles - Serviced
2021 - 17k miles - Serviced
Then it was in storage from 2021-2024
2024 - 19k miles - Serviced.
So there are gaps in terms of time on the servicing but not in terms of mileage. Will this effect saleability to dealers/private individuals? Would it put you off? Does it affect the value of the car? I know this sort of thing is important to potential purchasers of these cars so any thoughts on the matter would be great to hear.
Many thanks
Hi ya - if it's the black/black one in Herts I'd be careful...the post-storage commissioning service 'specialist' does not enjoy a good rep and could be a significant negative factor for short term re-sale. Look them up on Google. IMHO that's the biggest cause for concern re the history and further limits your re-sale market.If it is that car you're discussing. Less of an issue if you were keeping it for some time and doing the proper annual services from then on...I have recently viewed an F430 and I am keen to purchase the car. The one thing that I am questioning (for resale purposes) is that it was in storage from 2016 - 2021 so wasn't serviced in that time.
So the history goes like this
2016 - 17k miles - Serviced
2021 - 17k miles - Serviced
Then it was in storage from 2021-2024
2024 - 19k miles - Serviced.
So there are gaps in terms of time on the servicing but not in terms of mileage. Will this effect saleability to dealers/private individuals? Would it put you off? Does it affect the value of the car? I know this sort of thing is important to potential purchasers of these cars so any thoughts on the matter would be great to hear.
Many thanks
I bought a low-mile 599; 6k miles, 2010 car (with Factory HGTE) in 2019. It had only five stamps in the book as it was 'part of a collection' for four years. Even though I had it checked by DK before I bought it, then serviced at Ferrari and Ferrari Power warrantied for the next two years, some (non F-Dealers) wouldn't touch it when I came to sell.
Just something to be aware of - I didn't think it would happen at the time I bought the car.
G
Just something to be aware of - I didn't think it would happen at the time I bought the car.
G
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