Would you buy a 30k mile 430?

Would you buy a 30k mile 430?

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Discussion

five50

Original Poster:

524 posts

187 months

Friday 21st August 2015
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Being offered a car with full Ferrari service history, nice spec, Ferrari Power warranty until later this year.
I like the car but aware that the market is fickle and gives significant consideration to mileage - even if the 430 is considered a relatively robust car.
Obviously there's a price for everything but not sure how much of a restricted market I will have at the time I come to sell and feeling a bit cautious for my first Ferrari.
I guess also need to double check wear and tear on suspension and carbon brakes at this level.

Very interested in any thoughts...

bordseye

1,989 posts

193 months

Friday 21st August 2015
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all depends on the price.

steelej

1,761 posts

208 months

Friday 21st August 2015
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A 30k well sorted and well maintained car in my opinion is a better buy than a more expensive 3k mile garage queen.

John.

chippy348

637 posts

148 months

Friday 21st August 2015
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100% yes, mine has just had is 31500 service with no issues at all. I am about embark on a 3000+ mile round trip to Italy and back.


red_duke

800 posts

182 months

Saturday 22nd August 2015
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The F430 came out 10 years ago. There will be plenty around with 30,000+ miles on the clock soon.

roygarth

2,674 posts

249 months

Saturday 22nd August 2015
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No problem as long as you get it inspected by a marque expert and it is confirmed that the relevant wear items have been replaced. I'd want receipts for all services and work done as well as stamps in the service book.

mwstewart

7,637 posts

189 months

Saturday 22nd August 2015
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chippy348 said:
100% yes, mine has just had is 31500 service with no issues at all. I am about embark on a 3000+ mile round trip to Italy and back.
Exactly the same for me. We go in two weeks.

I do find the whole UK Ferrari mileage thing quite laughable; you have to ask yourself who spends this much (relatively) on a car and drives it just over 1k a year. It doesn't make any sense. Over the past year I used mine only in summer in a very limited fashion due to the usual work commitments etc., but even then I absolutely struggled not to do less than 2k a year.

A recent post on here confirmed my suspicion that many F430s are mileage adjusted, hence I would rather buy a car with a sensible mileage and in good condition. Thje F430 will cover the same mileage as a regular car if maintained well: owners in the states use theirs properly (or rather, don't seem to clock them so often, or aren't scared stiff to use them for fear of depreciation) and 80k is not uncommon over there.

roygarth

2,674 posts

249 months

Saturday 22nd August 2015
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mwstewart said:
A recent post on here confirmed my suspicion that many F430s are mileage adjusted
Sorry this is utter internet forum twaddle. If you're basing your decision to buy higher mileage cars based on such internet sensationalism then…….

Sure there are clocked cars out there but its very few IMHO. F1 boxed cars record mileage internally separate to the odo and if you buy carefully i.e. cars with good verifiable history not bought from Arfurs Car Emporium, I really don't see an issue.

Furthermore why is a high mileage car less likely to be clocked?!?

mwstewart

7,637 posts

189 months

Saturday 22nd August 2015
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roygarth said:
Sorry this is utter internet forum twaddle. If you're basing your decision to buy higher mileage cars based on such internet sensationalism then…….

Sure there are clocked cars out there but its very few IMHO. F1 boxed cars record mileage internally separate to the odo and if you buy carefully i.e. cars with good verifiable history not bought from Arfurs Car Emporium, I really don't see an issue.

Furthermore why is a high mileage car less likely to be clocked?!?
Here's one example: http://www.pistonheads.com/gassing/topic.asp?h=0&a... - I note you were responding. Main dealers are often not what you think they are.

In terms of clocking vs mileage: as with most cars there is a baseline value irrespective of mileage and with Ferrari's being so sensitive the value spread is weighted towards the lower mileage end, hence beyond a certain point - around 30k is usually deemed high mileage - it becomes less worthwhile to clock them. The service record will show the mileage covered per year and can be used to see if the car was being used sensible from the outset or not.

Agree on the history, though I've come to realise main dealer SH is more often than not quite worthless in terms of actual maintenance quality.

glasgowrob

3,246 posts

122 months

Saturday 22nd August 2015
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Mileage adjustements are more common than people realise know a chap that does digital mileage correction and he's flat out with work. Granted his is mainly lease cars needing to loose a few miles before being handed back but he does do the odd exotic


What he does is totally legal from his point of view and its perfectly legal to alter your mileage as long as it's declared to any potential buyer I know he has several clients visit him regularly to shave a few miles off before Mots so it's perfectly logical to assume that a super car owner may do the same before every service so that 10k. Year becomes 1 or 2k car still gets serviced as per spec(you'll have to excuse me I don't know what the service intervals on something like a f430 would be but having mileage adjusted is. £50 upwards sort of thing depending on the car which is neither here nor there when it comes to the difference a big chunk of mileage makes to a price.

The other thing being people think it's rare because the mileage is stored in various locations in the car. It's not the people that do this for a living have tens of thousands of pounds worth of kit to defeat things just like this. Google digital mileage correction and see for yourself the industry is as always one step ahead of the manufacturers. Like everything buy on condition and unless you know the seller of a car assume nothing

Durzel

12,288 posts

169 months

Monday 24th August 2015
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Nothing wrong with a 30k F430 so long as it's commensurately priced. By that I mean realistic. If you can get it for cheaper than a corresponding garage queen, then you aren't losing anything persay since you'd sell it onwards for a similar price.

It's a bit of a shame really that there is such paralysis over mileage, it is such a strange state of affairs that people would buy these cars and then have cold sweats about putting "too much" mileage on them. Seems so counter-productive really when you think about it, people buying their dream cars and finding themselves unable to fully enjoy them because of what the next owner might think.

mwstewart said:
Agree on the history, though I've come to realise main dealer SH is more often than not quite worthless in terms of actual maintenance quality.
I can't imagine a main dealer would necessarily be better than an indie, save for the coffee, nibbles and ambience - if you care about that. The stamp itself though is worth the money though, I think, particularly on cars with otherwise full Ferrari service history.

Edited by Durzel on Monday 24th August 11:47

f1ten

2,161 posts

154 months

Monday 24th August 2015
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30000 is nothing for a Ferrari as we have seen on here stories of some proper owners which have tripped 100k miles and Simon with his Lambo Murci on 260k miles.

I wish some people would relax a bit more about the mileage like they do in Europe.
Im also highly suspicious about the amount of Fezzas that are low mileage.

the cost of running the car means I sure get use out of mine, its madness not to

corinthian

217 posts

134 months

Monday 24th August 2015
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I bought mine with 27,000 miles on it two and a half years ago. I'm at 39,000 miles now and the car is better than ever, no idea how much it's really worth now, or if it would even sell, I haven't finished scratching that itch yet!

K50 DEL

9,247 posts

229 months

Monday 24th August 2015
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Other than ensuring that I don't go over my insurance limit I couldn't care less how many miles go on my car.

I got it on the road in Jan 2014 with 9500km on the clock, now showing 20,400km with 500 of them being done this weekend on a camping trip.

I bought the car to use, I really can't imagine lying on my deathbed thinking "wish I'd put less miles on my Ferrari!"

cgt2

7,107 posts

189 months

Monday 24th August 2015
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Mine had over 40,000 when I bought it and two inspections confirmed it is far better than several others I looked at with lower miles. My previous 550 had 47,000 miles and ran like a watch. An earlier 550 I owned a few years back with 16,000 miles in contrast gave me no end of trouble. These cars do not like standing still.

br d

8,403 posts

227 months

Monday 24th August 2015
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corinthian said:
I bought mine with 27,000 miles on it two and a half years ago. I'm at 39,000 miles now and the car is better than ever, no idea how much it's really worth now, or if it would even sell, I haven't finished scratching that itch yet!
wavey

Hello Mr C!

A great deal of those 27K were put on doing European trips, wonderful memories in a superb car and very pleased to hear you're still enjoying her.

I am completely non-plussed when it comes to the mileage thing, I drive all my cars as often as I can because one day I'll be too bloody old to enjoy them!
So what if you get 5 or 10 grand less when you sell it compared to a garage queen? Why on earth would you buy one and then worry about driving it? I have no comprehension.
Fair enough, if you're too busy with work or spend a lot of time abroad or something but if you're just too frightened to put miles on then you're wasting an opportunity that ninety nine out of a hundred blokes (and plenty of women) would give their right arm for.

I bought a Mclaren 650S Spider in March, it has nearly 7K on it already! Two fantastic European hoons taking in 7 different countries in glorious weather with the top down!
I supppose instead of doing that I could have been sitting at home in front of the telly with the car in the garage and rubbing my hands together at the extra 5 grand it's worth.

Madness.

RamboLambo

4,843 posts

171 months

Monday 24th August 2015
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br d said:
wavey

Hello Mr C!

A great deal of those 27K were put on doing European trips, wonderful memories in a superb car and very pleased to hear you're still enjoying her.

I am completely non-plussed when it comes to the mileage thing, I drive all my cars as often as I can because one day I'll be too bloody old to enjoy them!
So what if you get 5 or 10 grand less when you sell it compared to a garage queen? Why on earth would you buy one and then worry about driving it? I have no comprehension.
Fair enough, if you're too busy with work or spend a lot of time abroad or something but if you're just too frightened to put miles on then you're wasting an opportunity that ninety nine out of a hundred blokes (and plenty of women) would give their right arm for.

I bought a Mclaren 650S Spider in March, it has nearly 7K on it already! Two fantastic European hoons taking in 7 different countries in glorious weather with the top down!
I supppose instead of doing that I could have been sitting at home in front of the telly with the car in the garage and rubbing my hands together at the extra 5 grand it's worth.

Madness.
McLarens are built to be driven and far less mileage sensitive IMHO.. Like you have clocked up far more miles in my 650s spider than any of my Ferrari's and its such an accomplished all round car you just want to constantly drive it. In comparison my Ferrari's feel far more fragile although that has not actually proven to be the case for the 2/3,000 miles a year I do in them

gt500nick

960 posts

139 months

Monday 24th August 2015
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I wouldn't think twice about buying if it had 30k miles as long as previously stated the condition of the car was good. Test drive will tell you if anything is worn on the car. People can be rather fragile about their pride and joy super cars but they were built to handle a beating on the road and track. The usual stuff of wear and tear can be fixed with proper maintenance on a car. Also a car that's got 30k miles is likely to have been used regularly getting the fluid and engine temperature up rather than a car with 5k miles that's 10 years old and been sitting most it's life.

chippy348

637 posts

148 months

Saturday 5th September 2015
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Just back from my 3500 mile trip in 10 days in the 430, the car performed perfectly, apart from Zee German sports exhaust cracking !

I swear the car just gets better with more miles you put on them.


SlartiF430

1,828 posts

155 months

Sunday 6th September 2015
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roygarth said:
Sorry this is utter internet forum twaddle. If you're basing your decision to buy higher mileage cars based on such internet sensationalism then…….

Sure there are clocked cars out there but its very few IMHO. F1 boxed cars record mileage internally separate to the odo and if you buy carefully i.e. cars with good verifiable history not bought from Arfurs Car Emporium, I really don't see an issue.

Furthermore why is a high mileage car less likely to be clocked?!?
Clocking a 430 costs £100 and takes 20 minutes. It's one of the easier cars to clock. I ran my 430 to 43k miles before selling but I've personally seen other 430s being clocked. If you think it's sensationalism then you're just a bit naive. Many low milers have in all likelihood been clocked. The main dealer thing is twoddle too - they don't check mileage beyond an HPI (as anybody else would).