PPI Contingencies | FerrariChat
Buy

PPI Contingencies

Discussion in '348/355' started by RSAmerica1, Feb 14, 2012.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. RSAmerica1

    RSAmerica1 Rookie

    Feb 13, 2009
    35
    #1 RSAmerica1, Feb 14, 2012
    Just looking for some comments on some requests that a seller has regarding having a dealership do a PPI on his 355 (which I am considering buying), that involves transport to / from the dealership. I assume that many on this board, as both buyers and sellers, have come across similar requests at some point and am curious to know these were handled / addressed and that they are generally acceptable (I believe they are):

    - You acquire documented confirmation that dealership accepts 100% responsibility for the vehicle from pick up to drop off, and email this to me.
    - All expenses associated with this venture are paid by you regardless of your decision.
    - You provide confirmation of total time frame that the car will be out of my garage
    - You provide confirmation that the car will not be stored outside.
    - You provide confirmation that the car will not be driven (other than to/from trailer). Explicitly stated, "no public roads" (see previous bullet point).
    - You provide round trip enclosed trailer logistics, supplied only by dealership.
    - I am provided a copy of the purchase inspection, which we can then review together.

    Thanks
     
  2. tcannon

    tcannon Formula 3

    Feb 18, 2009
    1,763
    Norman, OK
    Full Name:
    Todd Cannon
    #2 tcannon, Feb 14, 2012
    While I do not see any of these as being out of line, I am really just wondering why the seller doesn't just drive the car to the dealer for the ppi? If he wants to sell it, I would think he would do what it takes to sell the car. It is not like we are talking about a classic '60's Ferrari or an Enzo or something.
     
  3. Extreme

    Extreme F1 Rookie

    May 26, 2010
    2,515
    Northern Utah
    Full Name:
    Erick
    #3 Extreme, Feb 14, 2012
    How far is the dealer from the seller?
     
  4. yelcab

    yelcab F1 World Champ
    Consultant

    Nov 29, 2001
    13,593
    San Carlos, CA
    Full Name:
    Mitchell Le
    #4 yelcab, Feb 14, 2012
    I would not buy that car from that person. There are other fish in the ocean.
     
  5. malex

    malex Formula 3
    Silver Subscribed

    Dec 5, 2007
    1,246
    FL
    #5 malex, Feb 14, 2012
    Not sure why but I'd have to agree. Something just rubs me wrong. As someone else mentioned, not sure why the owner just doesn't drive the car to the PPI himself if he's that concerned.
     
  6. Subarubrat

    Subarubrat Formula 3

    Apr 1, 2009
    2,072
    VA
    Full Name:
    Scott
    #6 Subarubrat, Feb 14, 2012
    Unless the dealer is an insane distance away, I would counter by saying that you understand his concern for the car and prefer that he takes it personally to an arranged appointment where you will be present to pay for the PPI and share the results. That is pretty reasonable.
     
  7. plugzit

    plugzit F1 Veteran
    Silver Subscribed

    Dec 1, 2004
    7,782
    Redondo Beach, CA
    Full Name:
    Bruce Bogart
    #7 plugzit, Feb 14, 2012
    Sounds like this person will be very very difficult to deal with.
     
  8. Ricambi America

    Ricambi America F1 World Champ
    Sponsor Owner

    Dec 7, 2003
    16,453
    Winston Salem, NC
    #8 Ricambi America, Feb 15, 2012
    ^ +1

    When a tiger shows you his stripes, take notice.
     
  9. RSAmerica1

    RSAmerica1 Rookie

    Feb 13, 2009
    35
    #9 RSAmerica1, Feb 15, 2012
    Thanks for the replies thusfar. The car is located in the snow belt so that is most of the reason why the concern in transporting the car. I hve met the person already and seems very reasonable, just a bit proud of his car.
     
  10. brian.s

    brian.s F1 Rookie
    Professional Ferrari Technician

    Nov 3, 2003
    3,809
    Midwest
    Full Name:
    Brian
    #10 brian.s, Feb 15, 2012
    Although no longer doing PPIs for people, when I did it sems that the buyer accepted full responsibility for the car during it's absence from the owner. FWIW, I never supplied a copy of the PPI to the owner, the buyer had solicited me to perform the task, he received the information, if he cared to share up to him.

    Just my now obselete input.

    Agree on the choices of car out there, lots at very good prices, who'd a thought 355s for 35K?
     
  11. White Knight

    White Knight Formula 3

    Aug 22, 2011
    1,531
    Ogden, UT
    Full Name:
    Todd S.
    #11 White Knight, Feb 15, 2012
    The no public roads jumps out at me. Shouldn't a proper PPI include a short (10-15 mile) drive? Is the car unusually low mileage? IDN, I can understand his point, but still...does he want to sell the car or not?
     
  12. dailyferraridriver

    dailyferraridriver Formula 3
    Owner

    Nov 12, 2010
    1,402
    New Jersey
    Full Name:
    Erik
    #12 dailyferraridriver, Feb 15, 2012
    Agreed - if the current owner wants to see the PPI - let him split the cost.

    Erik
     
  13. ClydeM

    ClydeM F1 World Champ
    Owner Rossa Subscribed

    Nov 4, 2003
    11,938
    Wayne, NJ
    Full Name:
    Clyde E. McMurdy
    #13 ClydeM, Feb 15, 2012
    Agreed. The person doing the PPI should take it out for a test drive. Otherwise you'd miss rattles, brake pulling, CEL lights, etc.

    Agreed.
     

Share This Page