If you drive a lot of miles; should you get a high milage car?

Looking at 2 F430.

1. 08 with 5k kms
2. 06 with 40k kms

Number 1 is about 35% more expensive than number 2.

Since I want to use the car as daily driver (20-25k a year) should I go for number 1 or 2?

Both are at official Ferrari dealers.

 

I would say 1, it might still be under warranty (depends on the mon of production).

40K kms is a lot for a 06, all service records?

 

As long as car #2 checks out to be clean and in good working order, I'd get that one! Your going to drive it anyways, buy the one that has already depreciated IMO.

 

+1

If PPI checks out, not worth paying the additional depreciation on the low mile car since when you are done with it, both cars will be worth the same based on your intended mileage........Steve

 

Totally agree. There is no expiration date stamped on the car.

 

Yep, if everything is in order. Thats the one I would buy also.

Put that 35% you saved towards maintenance, fuel, rego and insurance over the next 10 yrs.

 

call me crazy, but I'd buy #1.

I know this is not a Ferrari, but I put about 30-40k/yr on a my daily driver. I just bought a used Lincoln suv, and I bought the lowest mileage one in the country by a good 15k miles (6yrs old, 11k mile garage queen). no joke.

If I'm going to put mileage on it, I want to take care of it, and I want it to be the most reliable, nicest car for those miles that I put on it. The majority of the depreciation has already been taken.....I would honestly bet that you're going to save very little by buying a 40k 430 and selling it at 80k vs buying a 5k km car and selling it at 45k.

This is only personal preference based on my emotional feeling of ownership of a car....I can argue the reverse as well. I know a guy that bought a 70k mile 348, that EVERYTHING had been fixed on....he put 10k miles on it in a year, sold it for what he paid for it, and spent ZERO in repairs.

 

Drive both. Even if you're going to put a lot of miles on it, I assume you're still buying a Ferrari for the drive. I personally want to experience a 'fresh' car with still-crisp handling and power delivery. If your subjective view of the difference in feel between the cars is greater than 10%, you may want to stick with the newer car.

 

You must be kidding ... thats less than 10k/yr. Mindsets like that is what keeps these cars from being driven..

I would say #1 because since you are going to drive it when you are ready to sell the miles will be lower which "could" mean faster sell and higher price.

But at a 35% price differences make it hard to ignore #2