| Author |
Message |
Dave328GTB (Hardtop)
Member
Username: Hardtop
Post Number: 509
Registered: 1-2002
| | Posted on Monday, April 21, 2003 - 10:21 pm: | |
Clax,
This sounds like a no brainer to me also. Perhaps your father could also check the title to make sure it's in hand. Truckers inspect cars very closely when loading. I shipped a car last year nd the trucker found little flaws I never noticed! Transit damage sometimes occurs but they are careful. You can never eliminate risk 100%. You could more easily get dings driving it home yourself. Looking at it from the dealer's point of view, I would be suspicious of someone who withholds some funds pending first hand inspection. A buyer could always find something to use to try to get further discounts.
Dave
Dave |
P. Thomas (Ferrari_fanatic)
Junior Member
Username: Ferrari_fanatic
Post Number: 75
Registered: 4-2003
| | Posted on Monday, April 21, 2003 - 8:48 pm: | |
Just purchased an f-car through an FNA Authorized dealer. They of course wanted all of the money up front. I felt comfortable with that predicated upon the dealers reputation. I spoke to some other dealers (non-FNA) and they said that they wanted to "Undersell/describe the car" as to ensure that they would not have to take it back. Alluding to the fact that they would take it back.I also spoke to F of Bev. Hills. They described a car to the T, and when I saw the car it was accurately described. (that paticular one didn't work out). From personal experince I found a TON of stuff that a private seller claims to have never noticed, but never found that at any of the FNA Dealerships. Don't throw caution to the wind, but the Dealers reputation would be the most important in my book. Just my IMHO. |
Jim E (Jimpo1)
Intermediate Member
Username: Jimpo1
Post Number: 1673
Registered: 7-2001
| | Posted on Monday, April 21, 2003 - 8:41 pm: | |
This is a simple solution. Fly out there, pay them, drive it home. You'll remember the drive the rest of your life. |
arthur chambers (Art355)
Intermediate Member
Username: Art355
Post Number: 1360
Registered: 6-2001
| | Posted on Monday, April 21, 2003 - 8:32 pm: | |
Clax:
Insure the car before the truck picks it up. Insure it for all losses. I am not an expert in Canadian law, but I'd get local counsel in the area where the dealer is selling the car to make sure that it comes without any liens, such as flooring etc, or if it does that you make sure the lien is paid as you pay for the car. Maybe pay for the car with your credit card? That way if you contest the vehicle you can hold up the payment.
Art |
Malcolm Barksdale (Malcolmb)
New member
Username: Malcolmb
Post Number: 24
Registered: 4-2002
| | Posted on Monday, April 21, 2003 - 8:27 pm: | |
Wide World of Cars, Ferrari Dealer in NY. |
TomD (Tifosi)
Advanced Member
Username: Tifosi
Post Number: 3356
Registered: 9-2001
| | Posted on Monday, April 21, 2003 - 4:59 pm: | |
the dealer will want $ prior to releasing the title, the car will be inspected by the trucker - have your dad their to make sure he agrees with it. This is a slam dunk |
J Claxton (Clax)
New member
Username: Clax
Post Number: 31
Registered: 10-2002
| | Posted on Monday, April 21, 2003 - 4:56 pm: | |
Malcolm,
I did not purchase from WWOC, the car is from Brian Jessel Ferrari in Vancouver (I reside in Canada). What is WWOC? |
Malcolm Barksdale (Malcolmb)
New member
Username: Malcolmb
Post Number: 23
Registered: 4-2002
| | Posted on Monday, April 21, 2003 - 4:54 pm: | |
I have purchased two cars from the same remote dealer[WWOC]. One i had inspected by a knowledgable person in the business, the second I visited myself. Both deals went off without a hitch. The cars were transported by Horseless Carriage, they did a fine job and were carefull with the cars, as far as I could see. I think the Dealer will want payment before shipping, I would, but maybe some of the other suggestions can be worked out. Needless to say, when the money is deposited it is your car. The dealer is not and should not be responsible for what happens on the truck.In my case the paperwork followed immediatly. WWOC was easy and professional to work with. |
J Claxton (Clax)
New member
Username: Clax
Post Number: 30
Registered: 10-2002
| | Posted on Monday, April 21, 2003 - 4:52 pm: | |
Also for clarification, the remote dealer is an authorized Ferrari dealer.
Based on Dave328's comments, should I consider paying in full prior to the delivery? I trust my father's inspection & test drive opinion. The only thing that concerns me is if something happens to the vehicle between the inspection and my receipt of the vehicle. |
TomD (Tifosi)
Advanced Member
Username: Tifosi
Post Number: 3355
Registered: 9-2001
| | Posted on Monday, April 21, 2003 - 4:50 pm: | |
If its your dad then have him give them the final check and take delivery at the same time have them load it on the truck for you. I assume Risk of loss is passing when the dealer puts it on the truck so better off having your dad there. the carrier assumes ROL when he takes it - assuming its a quality carrier |
J Claxton (Clax)
New member
Username: Clax
Post Number: 29
Registered: 10-2002
| | Posted on Monday, April 21, 2003 - 4:45 pm: | |
Just for clarification, I sent my father to inspect and test drive the vehicle. He is as meticulous as I, if not more meticulous. His vehicle experience is far more vast than mine. So, I trust his inspection 100%.
My nearest authorized dealer is about a 4 hour drive. Further, my nearest authorized dealer was hoping to sell me an 01 F1 Spider they had on the floor, but I went with the 02 at the remote dealer. My nearest dealer was not too happy about that. Due to this circumstance, there may be a problem with me coordinating my purchase through my nearest dealer.
This is my first F-Car purchase, so I am hoping that there will be no snags.
Thanks for the suggestions, and feel free to post additional ideas. |
Dave328GTB (Hardtop)
Member
Username: Hardtop
Post Number: 506
Registered: 1-2002
| | Posted on Monday, April 21, 2003 - 4:38 pm: | |
Clax,
Did you have someone just look at it, or did it get a thorough inspection and test drive? If you had someone do that as your agent, then the dealer has a right to expect all the money upfront IMO, just like if you were buying in person.
I bought one car long distance on the word of an inspection and paid upfront. However, the dealer was well known, well regarded and had been in business for a long time. If it were a new dealer without much track record, I would fly to it. Make arrangements to have money wired on your say so and pick up the title on the spot. Make sure the dealer has the title in hand before going.
Dave |
wm hart (Whart)
Member
Username: Whart
Post Number: 943
Registered: 12-2001
| | Posted on Monday, April 21, 2003 - 4:31 pm: | |
Is the remote dealer an authorized dealer? Do you live near another authorized dealer? In purchasing my first, which came from F of B Hills, i worked with Algar in Phila. The dealers knew each other, i let them work out the details, and i effectively purchased the car from Algar. You might consider that, particularly if they are part of the same network. |
BobD (Bobd)
Intermediate Member
Username: Bobd
Post Number: 1144
Registered: 3-2001
| | Posted on Monday, April 21, 2003 - 4:30 pm: | |
Spending that kind of money, I'd burn some freq flyer mileage or spend $300 on cheap airfare to have a first hand look. I bought my car from an auth CA dealer and I flew out. If it meets your expectations, have them roll it onto a covered transporter.
The term, "mint condition" is a relative term... it means a lot of different things to different people. Just my $00.02. |
David Stoeppelwerth (Racerdj)
Junior Member
Username: Racerdj
Post Number: 96
Registered: 1-2003
| | Posted on Monday, April 21, 2003 - 4:26 pm: | |
Just a sugestion- you might want to jump on a plane to inspect it yourself. I inspected my car in person and with only 293 miles on it I wasn't too concerned. By me inspecting in person there were a few things the dealer did for me as I'm not sure an inspection by others would have found. I paid in full only as I had seen the car. The other sugestions so far have been right on. Good luck! |
djmonk (Davem)
Junior Member
Username: Davem
Post Number: 229
Registered: 1-2002
| | Posted on Monday, April 21, 2003 - 3:58 pm: | |
Also have them Fed-Ex in advance all tools, books an records in advance so theres no question about what happenned to them when the car gets unloaded at your doorstep an the blamegame starts.
Good luck. |
noel smith (Noel)
Junior Member
Username: Noel
Post Number: 213
Registered: 2-2003
| | Posted on Monday, April 21, 2003 - 2:59 pm: | |
don't pay in full until you get your car, if that won't fly with them, then put it in escrow with your lawyer, it'll cost a couple hundred more but who cares....ounce of prevention......there are a lot of scumbags out there and you never know it ahead of time. |
EFWUN (Efwun)
Member
Username: Efwun
Post Number: 535
Registered: 2-2003
| | Posted on Monday, April 21, 2003 - 2:56 pm: | |
My experience was that I bought a car pursuant to acceptance by my dealer, e.g., the distant dealer made representations as to every question I asked, and I bought the car, with payment only upon acceptance by my authorized dealer as to those representations.
Seemed that in hunting for cars, most dealers were willing to send the car under that proviso, with the caveat that if the car was not accepted, the two-way freight was on me!
|
J Claxton (Clax)
New member
Username: Clax
Post Number: 28
Registered: 10-2002
| | Posted on Monday, April 21, 2003 - 2:52 pm: | |
I have not had any experience in purchasing an F-Car from a remote dealer before, but I am in the midst of a transaction to purchase an 02 360 F1 Spider, with 1600 miles. I have sent someone to inspect the car, and the car is fine. The dealer is now waiting on a transport carrier that specializes in specialty vehicles. They are also waiting for me to pay the balance of the vehicle price, via wire transfer. My question is this. Should I try to hold back a portion of the funds pending a final inspection upon safe delivery of the vehicle to my location?
What is your experience with these types of transactions? The dealer is probably going to ship the car to me in the next 2 weeks, but I still owe them the negotiated price, less deposit. Thanks for your input. |