Would you buy a F430 w 25k miles?

I also recommend going back and comparing the two without someone looking over your shoulder snd distracting you. But REALLY look at them as used cars and not through foggy "this is my dream car" goggles. Check for bolster wear, dash shrinkage, uneven tire wear and options. I think that carbon dash parts are mandatory as that's what you get to look at while sitting at a stoplight (unless you're in love with looking at yourself in the mirror).

Service records are essential. Even if you don't think they are, odds are that the guy you eventually sell it too will.

Also keep in mind that the low mileage museum piece that you paid a premium for will only remain a museum piece if you don't drive it.

Even if you ignore all the great advice given in this thread don't ignore this one: Buy the Ferrari that makes your heart pound or you'll just end up disappointed. Good luck.

 

Buy the '07 if its got the looks you like! These cars are meant to roll.. I saw an '07 not long ago with 76K miles and just about ready for its first clutch! Wow... Talk about bullet proof....

 

Every mile you drive it will reduce the value no matter which one you buy. However, bear in mind that the 1st mile costs the most and every one after that costs a little less. If you put 5K on it in two years and decide to sell, you will lose less on the '07 all other factors being equal.

Dave

 

To me higher miles one would lose less value if you drive it alot? You should lose less, but I guess a higher mileage example will take a longer time to sell?

 

I did buy an F430 with 25K miles (or so).

For me it was a combination of wanting a car that had all the 'bugs' driven out of it rather than a garage queen waiting to break down. And my intent to rack up serious mileage.

I tend to drive my cars a lot. Often quite hard. It made no sense for me to pay a premium for a low mileage car, and then turn around and put 5K miles in it in the first couple of months. The premium paid would be money down the toilet given my driving habits.

If and when I decide to sell, I will price accordingly. It will be a high mileage car certainly, but one with an extensive and impeccable maintenance record.

 

+1.

I did the same!

 

I bought mine (06 spider) with 32k klms on the clock. I drive my cars A LOT, and have put 22k klms on in 12 months. These cars were meant to be DRIVEN, not stored. If they were, they wouldn't bother putting engines in them. As for trying to keep the resale value, why bother? Go and hire a car from time to time. You won't be slugged with maintenance, insurance, rego etc. Buy it, use it, enjoy the f@$k out of it!!

 

If you have cash on hand like most of us then move quickly if you find one.
I know about 20 senior members personally here that are looking to buy a low mileage F430.
I mean a Red/Tan, no stories, all original with under 5K on the clock.
All these guys can wire $10K deposit and fly in next business day to buy it.
But these low mileage gems don't come up often.
And when they do the sellers want a considerable premium...

 

It's a funny thing I see on this site
Ppl will encourage others to not be concerned with mileage, and often advise that higher mileage examples may even be more sorted than garage queens. And yet invariably when an ridiculously low mileage vehicle hits the market, they will ooh and aahh at it, swooning, and throwing out extremely high valuations for it.
It's a little odd to me, but something a prospective buyer should consider when making a purchase- that no matter how "bulletproof" (lol) these cars may be, at time of resale, anything near normal driving mileage will be deemed negative. Ppl talk differently with their dollars than with their internet posts.

 

The fact is most people will not want to "chance" buying a higher mileage Ferrari car. It's just how it is. Over 35k miles and a sale will likely b through an auction house & cheap.
So you have 2 ways to go...
Buy low miles, keep it low, get more money back on resale. (Dumb in imho)
But higher miles (ppi & maint properly) drive it & enjoy.

Why are buying a Ferrari? Some people really do want a show car to clean and keep perfect and show others. I buy to drive, but that's me. My 430 mt car has 35k miles and I will keep it until I'm dead. Don't care, love driving it. This is your personal decision and no one can make it for u.

 

Average Ferrari owners are strange bunch. High mikes cars are not favored even though they run better as mikes increase. Any deviation from factory options are shunned.

Lambo owners are just opposite . Customization and originality is very much in favor . Miles seems less of an issue as I see many high miles cars selling .
I've been told that my car at 68k is in better shape than many 10k cars

 

Bought my 2003 360 Spider with 39,900 miles in mid-feb, now have over 43K, so putting on about a thousand miles per month.

So far total cost of ownership has been one quart of oil plus about ten tanks of gas.

I am not delusional, nor is this my first Ferrari, but I strongly believe in buying a well maintained car that has been driven is far better than the garage queen on a battery tender....

 

Some do ooh and aahh at the low mileage garage queens. Not me. I sigh and shake my head about a perfectly good car going to waste. And yes, some do speak differently with their dollars than with their internet posts. Not me though. See my post above in this thread. And I think you will find there are quite a few here that are just like me.

 

Mileage is ok, but if it's ever been in the rain call the whole deal off.

 

What is the deal with rain.
Thanks,
John

 

?? Is yours made out of sugar?

 

...or driven in stop/go traffic

...or driven up any raised driveways

 

Sorry......hahahahaha hahahahaha

 

+1
I spun mine into the grass once, and have 35k miles, I may have to pay someone to be the next owner...

Yes Ferrari people are a funny bunch! Whatever you buy, please drive the car, enjoy it for all the Italian idiosyncrasies, life is too short to worry about losing a few thousand dollars.

 

+1

I figure a low resale value will be my son's problem if he decides to sell it after I am long dead.

 

I bought my Ferrari with 12.5k miles on her and she now has over 27k miles and I did that in 3.5 years. She is no garage Queen. Is your significant other a very attractive woman? I mean she is younger now. Do you have sex maybe once every 5-6 weeks? Or once every three months? In 10 years she will be older and a little more weathered. Would you save getting up on her and having sex with her less frequent so you can divorce her and have the next guy get up and romp on her on the daily?

My point is don't save your miles just so the next guy can truly enjoy the ride. You bought her, you earned her, so get up on her and take her RPM up to 8.3 before you shift. She is a beautiful HOT Italian girl who likes to have her hair pulled! She can take it, she is built for your pleasure. Enjoy the ride, put miles on her and remember YOLO (You Only Live Once).

 

The knee in the curve seems to be around the 12,000 mile mark. If you buy a car above that mileage, then your depreciation with mileage will be pretty steady. If you buy a car below that mileage, you will likely be paying a premium and end up taking a bigger depreciation hit.

 

Yep

 

I think a lot of people have this issue with Ferraris.

1. Some people want to make money when they resell the car
- I have owned 40+ cars and never made money reselling a car yet. A car is a car that
transport you from one location to another. Some of them are more beautiful, more
expensive and rare.
- There's nothing wrong trying to recover your investment. I am just not good at it as I
do not calculate lots of things others do. For instance, My S8 i bought for $120K and
drove it for 70K miles now worth probably around $19K. My Porsche Turbo Cabrio
was paid $140K and 30K miles now $50K. This shows I am not good in Math.
- I just drive my car, get it in prestine condition with maintenance and enjoy driving it.
- My F430 Spider has 20K+ miles on it now. I plan to keep on driving it and not
making it a garage queen worring about depereciation. It would be very nice the car
is not going to be $50K when I move on to the next one. I have my eyes on 488
Spider.

2. People are afraid of driving a Ferrari
- Yes. I am very careful when I have to park in public not to get a ding on the side.
- But I do that to any car I have in the garage. I would like to keep my car clean.
- However, I do not keep the car in the garage worrying about depereciation. Then you
are owned by the car. I strongly believe cars are made to be driven. More driven
Ferraris are more reliable as you fix the glitches here and there making it more
reliable. If you keep the car in the garage, you will never know what will happen
when you take it out especially low production cars like Ferraris.

This type of questions pops everywhere here and you can find them by search similar threads and you will find a consistant feedbacks.

La Ferrari, very limited production car, is already surpassed its original price, Testarossas, Porsche Carrera GT that I almost bought went up in double in price. I almost pulled the trigger on Carrera GT but did not think spending that much on a Porsche made sense to me. I'd rather have a Murci or something else. But at the end, I would have made so much money by now if I bought the Carrera GT and sold it now.