Any reason not to buy this car?

I don't have first-hand knowledge about the car, but FWIW, I'm guessing it didn't sell because of the color of the dash. Not only is it monotone, but it will likely be a reflection nightmare when driven in sunlight (the best time to drive the car of course). If that doesn't bother you, it seems like a good price for a nicely optioned car.

You can't tell how firm people's asking prices are until you make an offer, but if the other car is really $215k and this one is $168.5k, then maybe you could get the dash re-upholstered for a fraction of the difference in price. I don't know how you feel about that.

 

It is probably the lowest priced Cali rolling out of their dealership. They have been moving a ton of used Calis so this one might have sat in the basement for a while. I have not seen it on the dealership floor.
When you get there make sure you get a tour of the basement

Who have you been talking to? PM me

P.S. Bring your skis, we received 10 feet in 10 days with highs of 23F in the mountains. Sorry, just had to rub it in

 

I have an all Cuoio dash and it is just fine without glare. No, there is something wrong with this car. Even at 12k miles, it should not be this cheap. If they are selling it to you for $170k just imagine how cheap they purchased it wholesale. Perhaps ask if it is on consignment, when it went on the market, accident history. It is priced completely off of what any other 2010 Cali is bringing in.

 

I have a couio dash and it is fine no glare problem. If the car checks out it is a great deal

 

What is the MSRP with option for the car ??

 

Suggest having it inspected by a Ferrari authorised smash repairer to determine if it has had any damage repaired

 

Well then, that's not it.

See if a Carfax turns up anything and I completely agree re inspection if you can get dealer to cooperate.

The original MSRP with options should have been well above $210k I think. Can check later.

Update: Looking at some current pricing info for options (I don't have historic), and MSRP for base car in 2010, base was around $192k, and with the options on this car, around $220k total.

 

Yep.

Maybe it's a bargain because of the "high" mileage stigma because it's over 10k. But you know what? This is a "different" Ferrari, intended to be a daily or near daily driver. As such, I would expect the mileage on this car not to be unusual or reason for alarm. I think the market will see a lot of higher mileage Californias in the coming years. While extra low mileage cars will still command high prices, I'm guessing the stigma of higher mileage will go away, especially if the California turns out to be relatively reliable. Either that, or all of us will suffer large depreciation like this car has. Rick Lederman had 29k miles on his when he sold it. He took a big hit, but enjoyed every mile, and is now on his second California. In any event, this could be a bargain find, so buy the car if it checks out and enjoy!

(If there is any factory warranty left on it, it's essential to put a reasonable number of miles on it before that expires, so that you can get the car sorted while the factory picks up the repair tab. So don't be afraid to drive it once you get it. Ferrari historically has saved untold millions in warranty repairs because owners didn't put enough miles on them to have things break when still under warranty. Yet, due to strong demand, people bought them on the used car market anyway. They seemed like good deals with their low miles, but the reality is that the out-of-warranty buyer was taking a risk that in the "normal car" world, the factory would have absorbed. A moderate mileage car like this one is probably a better "bet.")

 

I saw that car when I was looking for a cali. The monotone interior and the mileage (and to a lesser degree, the color) kept the car from selling IMHO.

You mentioned that the dealer was performed the Ferrari-required inspection in order to "certify" the car. What about the extended "Power" warranty? Are they including one? If "yes", which of the three are they including?

I say get the inspection report. Run a paint meter on it. Get the warranty. Enjoy the car.

 

Interior and mileage is my guess. It's not for everyone. It's not unattractive but it will appeal to a limited audience. I think if someone is going to spend $180K to $200K on a car, they want to get what color combo they want.

But, for the right person, this could be a huge advantage. CA's aren't known to be cheap often so if you find one that appears cheap, that's something to pay attention to.

A certified car is a lot better than buying it from a private party or non- official dealer. I agree in trying to get some kind of warranty if possible but if you like this color combo, this could be a great buy.

BTW: If it were me, I'd throw in a set of black carpets on that thing and raise the value immediately about 5 grand. Something to consider....

 

It is pretty...its not the titanium or the cuio...(to me anyways) its the all cuio interior...the fact is proven that it will take some time to sell/resale...if that is a concern then...

If not, and you like the color scheme...then!

On a related note, there is a thread about a new owner for a scud in the 430 forum that has been for sale for a very long time due to color/stripe...but its a beauty and finally found its owner...an F-chatter! So...every f-car finds a home!

(that scud was "well priced" as well due to the color/stripe)

 

Ok then go for it. The Cali is the king IMHO. A consistently fantastic ride.

 

Agree the paint meter is a good idea, I had mine checked, the robots at the factory did a consistent thickness on my car

If it varies in thickness it's a flag of a respray

 

True, but not necessarily so. Ferrari is not known for consistency of paint quality. I believe this improved with later cars, and probably the California is not known for varying paint thickness or low quality paint, but because of that reputation, it may or may not be that the car has been in an accident, just because the paint thickness may vary. That's why a professional familiar with Ferraris should do the inspection. I agree with the advice, but just didn't want the OP scared off unnecessarily. There is a valid "Graucho Marx Club Joke" concern to this car (he joked that he was always wary of a club that would have him as a member) because of its price, but it could be just that this particular combination didn't have broad enough appeal, and it's sat for too long for the dealer to continue to keep it, so the price is only reflective of that and nothing truly "wrong" with the car.

 

Not to mention that it is not uncommon for cars to have various types of repairs/corrections in the factory. We all like to see the white glove guys with the bright lights and the grease pencils doing their thing...the step not seen is the repairs that follow.

When judging looks - looks are what matters. IMO

 

Others "impressions" can be a big cost savings to you.

Here is what is important:

Do you like this car?

If yes, do you like the price?

If yes -- buy it and be happy.



If no on any of these, move to another car.

As to the mileage, think of it this way. Are you willing to pay 20 grand MORE for a car with 6K less miles?

 

There is definitely a psychology to a car (or any other good) having sat too long unsold. This is why in real estate they advise you as seller to price it well from the start, or even under-price it (gulp!) and try to spark a bidding war over the "bargain." If you don't and it sits too long, either you'll only get low-ball bids or people figure there's something "wrong" with it (like, was there a murder there?). A related psychology is to make sure you haggle with certain buyers, or else if you agree too easily they will think they overpaid and then try to wiggle out of the deal!

As for mileage, it's true people look for Ferraris with under 10k miles, which could explain why this car sat. This is especially true of cars put on the market early in the California's market cycle, when enthusiasts were not used to the concept of a daily driven Ferrari and were trained to expect ultra low mileage cars. The one I bought had around 1k. But it wasn't priced like this one.

The other thing as some have mentioned already, is that even though a $20K+ price difference is still a lot of money, it's only roughly 10% of the car's overall price, so many people in the market for this kind of car will only buy a car if it's as close to exactly what they want as possible, and pay the premium for that privilege. If what they "want" is a car with under 10k miles, then they will pay for that, even if economically it doesn't really make sense unless they are never going to exceed that "magic" number and then flip the car before it gets to that mileage.

So check it out already! and if you like it and intend to drive it, buy it and enjoy the savings.

 

+! sounds like a good car great price if u like it buy it if not you will pay more for another.

 

12k miles is nothing for the Cali. I agree that the miles have gotten most of the bugs worked out. It's a fantastic xgreat deal. I agree with above, if the pip checks out and you like it, go for it. Don't forget the service history. There can be clues in there if it is a lemon.

 

FWIW, I personally think this is a great looking car. I have no qualms getting a full cuoio interior. The California I rented had this configuration and I had no problems with glare. As others have said, if there are no other issues with this car, it is a great deal. Good luck.