Value of 2k10 California w/ high miles? HELP! | FerrariChat

Value of 2k10 California w/ high miles? HELP!

Discussion in 'California/Portofino/Roma' started by av35, Apr 4, 2014.

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  1. av35

    av35 Rookie

    Oct 7, 2004
    20
    #1 av35, Apr 4, 2014
    Friend offered me his Red/Tan 2k10 California w/ 29k miles - car has ceramics, carbon fiber, 20" OEM wheels. No accidents/paint. Any thoughts on what this car is worth, and what the future depreciation curve for the California looks like? Hard to find comparable cars as there aren't many on the market with similar mileage.

    Thanks!
     
  2. Royalpar1

    Royalpar1 Formula 3

    Oct 18, 2013
    1,767
    South Florida
    Full Name:
    Mitchell Lombard
    #2 Royalpar1, Apr 4, 2014
    Its really a shame, these cars should be driven and a car with 30k miles which is 4-5 years old is really not much mialage.
     
  3. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,313
    South East
    Full Name:
    Jimmie
    #3 greyboxer, Apr 4, 2014
    Its not high miles - these cars are depreciating slowly because they are being kept because they can do the miles - somewhere there's a quote from Luca I think that the design criteria were daily use and 15 000 miles per year - so this car is below average !
     
  4. av35

    av35 Rookie

    Oct 7, 2004
    20
    #4 av35, Apr 4, 2014
    Appreciate all input. 29k miles is considered "above average" for a 2k10 California based on listed cars (using this as the only unit of measure) - I've read that early cars seem to have costly DCT failures, how big of a concern should this really be? I most definitely plan on driving the car 10-15k miles per yr. Finally, any opinions on what is a fair valuation of this car?
     
  5. SciFrog

    SciFrog Formula Junior

    Apr 9, 2008
    566
    USA
    #5 SciFrog, Apr 4, 2014
    140k?
     
  6. BruceWinter

    BruceWinter Karting

    Dec 22, 2013
    84
    Delray Beach, Fl
    Full Name:
    Bruce E. Winter
    #6 BruceWinter, Apr 4, 2014
    can you get an extended warranty?

    Only offered by few companies.

    someone mentioned lasalle (no affiliation, but spoke to them before I purchased an extended Ferrari warranty.

    Personally, I would not consider an older car without the warranty,
     
  7. MarkCollins

    MarkCollins F1 Rookie
    Owner

    Jul 2, 2002
    3,202
    South England
    Full Name:
    Mark Collins
    #7 MarkCollins, Apr 4, 2014
    In the UK they've just announced official Ferrari warranties for cars up to 12 years old. It's been suggested (I've not seen the details) it's a full warranty too, no longer limited to power train etc
     
  8. arizonaitalian

    arizonaitalian F1 World Champ
    Owner Silver Subscribed

    Oct 29, 2010
    19,996
    Wyoming
    #8 arizonaitalian, Apr 6, 2014
    is 2k10 easier to type than 2010? And, if it is, what are you investing the massive time-savings from typing "k" rather than "0" into?
     
  9. MalibuGuy

    MalibuGuy F1 Veteran

    Sep 18, 2007
    5,291
    #9 MalibuGuy, Apr 6, 2014
    Depends on how long you will keep her.

    If you log another 30k miles, then you may have to fix a DCT (30k) and Variators (15k).
     
  10. av35

    av35 Rookie

    Oct 7, 2004
    20
    #10 av35, Apr 6, 2014
    Last edited: Apr 6, 2014
    Wonder what the probability of a major DCT failure is at 50-60k miles - I plan on adding at least an additional 15-20k miles on the car. Is it possible to extend the factory warranty, or purchase some sort of quality aftermarket warranty? These repair costs can be scary, sounds like purchasing this car is a mistake.



     
  11. MalibuGuy

    MalibuGuy F1 Veteran

    Sep 18, 2007
    5,291
    #11 MalibuGuy, Apr 8, 2014
    The $30K and the $15K refer to cost.

    I was not trying to predict mileage for failure. I can't predict the future. But I can tell you how much these two repairs cost.
     
  12. RickLederman

    RickLederman F1 Rookie
    Rossa Subscribed

    Sep 18, 2007
    2,830
    Swanton Ohio
    Full Name:
    Rick Lederman
    #12 RickLederman, Apr 9, 2014
    I will bet prices will go up once everyone sees how long a Cali-T takes to get. Even higher if the Cali-T sounds as crappy with its turbo as F1 cars do now. The Cali makes some beautiful exhaust music today!

    Rick
     
  13. vrdjs

    vrdjs Karting

    Oct 28, 2013
    242
    Los Angeles, CA
    #13 vrdjs, Apr 12, 2014
    There's one for sale out here that is Black/Black, loaded with options with 22K miles on it and 6 months left on a Power Train warranty for 149K. Hope that helps
     
  14. MalibuGuy

    MalibuGuy F1 Veteran

    Sep 18, 2007
    5,291
    #14 MalibuGuy, Apr 12, 2014
    Since you think 29k miles is high mileage and refute the opinion that it is not, then pass on this car and get one with lower mileage.

    You have answered your question already.

    And you are right.
     

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